[question] Imagine that a small country adopts Bitcoin as its second currency. What are possible political and economical consequences?

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For example, in the year 2018 Singapore adopts Bitcoin as its second currency. The Singapore dollar will remain in circulation, but Bitcoin will become a legal tender too. Governmental banks will start to accept Bitcoin etc.

What are possible consequences of such decision? For the country and for the world.

submitted by /u/themetalfriend
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Kryptous

Crypto Coins News - Ratings - Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Ticker

1 BTC = $19294.07 USD  (via Coinbase)
1 ETH = $1306.57 USD  (via Coinbase)
1 LTC = $53.04 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

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