Antonopoulos- we should separate money from the state

[dkbit98]

The only way to truly separate money from the state is by using decentralized blockchains. We see that most of the scorn by governments about cryptocurrency comes from this fact.

There must be other ways to do this without using internet, since they are controlling that 100% and they can shut down everything with a single switch or undersea cable cut.
Decentralized blockchain is great but not perfect, and most blockchains that exist today are actually centralized.
I think that combination of bitcoin and other hard assets like gold and silver would be a good idea.

[MrSpasybo]

I use it a lot as a currency.

As payment for campaigns. As a webdev I receive payments in btc many times.
Some years ago I wrote in a news website which paid me in btc as well. I think it works very well as a currency.

Maybe not so good to buy a coffee, but it is a currency.

I agree that a few people are receiving their salaries in BTC, but not many, even if it is 10M people, it is still too little compared to more than 7B people globally. At the same time, we can receive BTC but it is difficult to use BTC in payments even though Lightning Network can serve millions of tps. Legal issues still exist, perhaps only people in El Salvador can use BTC as currency in all daily transactions, because El Salvador is a small country and does not have a local currency.

I think it will take a long time for BTC to be accepted and used like fiat at present on a global scale, I don't even believe that will happen. Governments will find every way to protect fiat because fiat is as important to a country as the military. The best case I can think of is that BTC could be seen as an asset and could be quickly sold to fiat for payment through applications like Visa.

[vegasus]

I agree that a few people are receiving their salaries in BTC, but not many, even if it is 10M people, it is still too little compared to more than 7B people globally. At the same time, we can receive BTC but it is difficult to use BTC in payments even though Lightning Network can serve millions of tps. Legal issues still exist, perhaps only people in El Salvador can use BTC as currency in all daily transactions, because El Salvador is a small country and does not have a local currency.

Unfortunately, again and again, all of this is still hampered by state regulations. Yes, it cannot be denied that many enagras still prohibit the use of Bitcoin as currency. And if a company or even a large company does this, in the sense of paying its employees' salaries with Bitcoin, then this business will definitely be sanctioned. And erushaaan will not risk their company to do that.

Unless it's a small business and doesn't yet have a business entity in that country, if there is a policy and agreement between the employees and the business owner by paying Bitcoin salaries, that might just happen. And that alone can be done in secret. Yes, the point is, over and over again, a country's regulations are enough to regulate decisions like this.

[MrSpasybo]

Unfortunately, again and again, all of this is still hampered by state regulations. Yes, it cannot be denied that many enagras still prohibit the use of Bitcoin as currency. And if a company or even a large company does this, in the sense of paying its employees' salaries with Bitcoin, then this business will definitely be sanctioned. And erushaaan will not risk their company to do that.

Unless it's a small business and doesn't yet have a business entity in that country, if there is a policy and agreement between the employees and the business owner by paying Bitcoin salaries, that might just happen. And that alone can be done in secret. Yes, the point is, over and over again, a country's regulations are enough to regulate decisions like this.

Honestly, from a national management perspective, governments are still essential. The theory of an anarchist country is something that cannot be realized in a world of much interaction and competition. And of course, the government will have a lot of power to act on what it believes is best for the future of the country.

If I were a president, I would not dare to risk allowing BTC to exist as a legitimate payment method as Nayib Bukele did in El Salvador, even though I am also a strong supporter of BTC. BTC has only been around for 15 years, everything is too new for governments to quickly accept and use BTC instead of local currency. I think we will need more time to be able to clearly analyze the potential of crypto and apply it cautiously.

The interest in crypto in Canada, the US, and the EU are the first steps for us to bring crypto deeper into the economy. Haste may not bring good results, we need progress in a stable and sustainable way.

[Faisal2202]

I did not know in most countries churches or other religions are out of state, well, I don't think the same is going to happen with BTC because that is church, and religion, which most of the people are most obliged and devoted to. So governments when impose there rule and regulations on such sectors they furious the people which is not a good thing for governments to take place. I mean people would say F to Government.

But in terms of BTC it is a currency, while many considered it as asset and commodity. Its depends on its use. And money is what government wants to be involved in. And to be honest, saying government is not involved in churches and religion is also not so true, they come up with intermediaries and people of there's in higher positions in these religious sectors. To control them according to there and people's happiness.