Ninyo you don't even understand the bases of the fiat currency, do you think anyone would even consider your Bitcoin views?
Horta dollar-ka iyo Shilling-ka so baro and the foundations.
BTC and cryptocurrency are not about that alone. The technology, blockchains, is the driving force and the underlying factor that's giving its value.
It is going to replace the fiat currency same way fiat replaced metal-based currencies and the ancient times when people used shells and bones.
Central banks could hold bitcoin and ether for the first time in 2018, cryptocurrency CEO says
Central banks will begin holding bitcoin and Ethereum next year, Peter Smith, CEO of Blockchain said
Smith also said that central banks will begin to issue their own cryptocurrency
Dubai Sets Its Sights On Becoming The World's First Blockchain-Powered Government
Forbes:
https://www.forbes.com/sites/suparnadut ... 4ea07a454b
Japan and blockchain tech are a match made in heaven
Blockchain is about a whole lot more than cryptocurrencies. But it was inevitable that digital tokens would dominate a discussion at Tech in Asia Tokyo 2017 on the impact that blockchain tech is having on Japan’s financial services industry.
It makes sense. While blockchain is seen to have significant potential applications across a wide variety of contexts – and not just within finance – bitcoin and other cryptocurrencies have been the most tangible encounter with the technology for most people.
And Japan is one country that has shown particular enthusiasm for this new paradigm. The government in Tokyo passed a law recognizing bitcoin as legal tender back in April; while just last week, regulators in the country endorsed 11 companies to operate cryptocurrency exchanges.
https://www.techinasia.com/japan-financ ... n-adoption
Please learn the basics and fiat currency has collapsed always throughout its existence whether we talk about the depressions, Zimbabwe economy, the Japanese crisis, the SL fiasco...
Please read a little and educate yourself.
I recommend The Ascent of Money by Niall Ferguson, which lists and details economic collapses throughout history thanks to fiat currency controlled by few Jewish families/banks.
Right now countries are racing to unlock and harness the powers of blockchain as a technology and innovation.
In terms of markets;
I would put Korea first, followed by Japan, the US, China...
Korea clocks the highest volume and market cap week after week smashing prices. They are the biggest buyers of Bitcoin. Their prices are higher than the global average. Their main exchange, Bithumb is a monster always in the top three, too often #1.
Let me give you current prices:
global average (US exchanges/Chinese):
Bitcoin Cash: $3,440.31
Bithumb (Korea), Bitcoin Cash: $4,368.13
Bitcoin (global): $16,625.00
Bithumb: $19,944.40
You have to know what you talking about than just make a vogue statement.
Ras Bitcoin, God bless Cryptocurrency and decentralised world