Bitcoin Forum

at this time we know that the Blockchain is being discussed in large countries. and some time ago the Chinese president was welcome on Blockchain. But what about Bitcoin? there is still a lot of controversy going on. Even the US (SEC) is still rejecting the given bitcoin proposal. while we know. Bitcoin is the first carrier of Blockchain technology for general use. is it because of the basic bitcoin that has an anonymous background? so it is difficult to be accepted by the state. could bitcoin be separated someday? I mean Blockchain will be positively welcomed in the world. while Bitcoin will remain controversial.
share your opinions.

Bitcoin is only controversial for the global bankster elite who are currently holding the bag of 200+ trillion USD of unsecured debt.

Meanwhile the rest of the world will engage in honest p2p permissionless commerce using BTC.

In terms of bitcoin and blockchain to be adopted to many countries, it needs to be accepted first by the people. Once there is a majority of people who utilize bitcoin, the government will no longer have the capability to ban or somehow set a restriction about it. In addition, we cannot separate bitcoin and the blockchain in order to be accepted, since the blockchain is the technology needed by bitcoin to operate in the market.

Blockchain is loved because it provides a way for advanced countries like China, America, Australia, Japan, and other really advanced countries to be able to move their financial systems forward into a system that is even easier to trace, and is just better then our current one.

Bitcoin is hated because it uses blockchain technology - but Satoshi also added a spice of decentralization which means no government will be able to control it fully (unless they own so much BTC they can market manipulate), and that's one of the main reasons why it'll be hard for the state to be accepted as a currency.

If your talking about hard forks, for separation, it could happen, but it wouldn't be bitcoin anymore - BTC without decentralization would be weird...

More countries and the functional governments have been showing positive signs of adopting blockchain and bitcoin with regulations for the same. This way the difficulty of bitcoin usage is slowly getting lowered. Already few well grown countries have already made their presence into the usage of bitcoin. Following the growth happening in the economy surely more countries will begin to adopt and accept bitcoin.

Until now, Bitcoin is hardly accepted by countries for what it is because it is [1] beyond their comprehension, [2] a threat to their existing fiat system, [3] is neither issued nor directly monitored or supervised by the government, [4] is not owned by a certain person or company which the government could easily communicate, convince, or even threaten when the necessity arises, [5] is somehow anonymous, [6] and so forth. Having mentioned all these reasons, it is really difficult for Bitcoin to be accepted as legal tender in any country.

SEC is not rejecting bitcoin proposal, they are rejecting ETFs which has nothing to do with bitcoin. and they are not the decision makers when it comes to bitcoin regulations.

aside from that the whole point of bitcoin has always been that it doesn't need any country to accept it. it is decentralized and works fine with or without countries acceptance. it is only up to people to choose to use it or not.

I believe that Bitcoin is not adopted because it is a threat to those who make money out of people, particularly the banks. However, that is only a part of the problem, even though it is a major one. The thing is that cryptocurrencies are still evolving, and you can't regulate and adopt something that is still changing. BTC might not even be suitable to be a currency someday, especially if it is moving towards becoming a store of value. Regulations would have to change in a few years, which is extra work for regulators. It is easier for them to wait for crypto to reach its 'final form' instead, even though it slows things down considerably.

I don't think that banks consider bitcoin as a threat, banks are just neutral and bitcoin can use them as a channel or one of their partners to the progress of having a lot of bitcoin ATM's.
I know one of the reasons was regarding the taxation law. This may be one but their main reasons were still unknown. There's no statement was released from those big countries that still find it hard to consider the adoption of bitcoin in their country.

maybe bitcoin doesn't need a country to accept it. because the system is decentralized, so all full rights are in bitcoin users. as well as the election using bitcoin or not. but what if 80% of people in a country use bitcoin could the country be silent? I don't think so. countries will still do regulation, while bitcoin is decentralized. including also about regulation. The state wants to protect its people through many rules and regulations of law, while Bitcoin gives freedom to its users.

not only like that guys, you are right Bitcoin is just a controversy with elite banks, but they are collaborating with the government. following government regulations, elite banks have a large and substantial contribution to the government. then what about bitcoin? decentralized system, I think it will reduce existing contributions. because it cuts the middle man out as a contribution to the government.
so the government makes it difficult to use bitcoin.

Yes these points are the main reason why some of the countries does not accept bitcoin and discourage their citizens from using it as we have seen so many instances wherein bitcoin has been used to extort money for unlawful activities which has portrayed bitcoin and it's anonymity in poor light, it's not easy to convince governments that's there were crimes and similar unethical activities even before the existence of bitcoin as they think bitcoin has made it easier for criminals to carry out activities.

And you've said it all. No government would want to run a nation without "being in charge" especially when it comes to the country's finances. I guess some countries are trying to devise ways that they can adopt this technology and still be in charge of the circulation of crypto. But till then a country like New Zealand chose to apply the normal tax policies to any crypto payment instead of saying no to cryptocurrency.

Countries are avoiding Bitcoin at this point because it isn't that big in scale. Therefore, considering it right now won't make much a difference. Whereas Blockchain is a technology which has potential to disrupt many sectors and hence, is hugely discussed topic around the world. Moreover, Bitcoin hasn't been that successful when it comes to payments and it is decentralized as well. Because of which not many countries with complex monetary policies will prefer it.

Bitcoin will always be controversial no matter what, but the thing is, no country can stop or have control over it. Although some countries are putting a hammer ban, there are also nations on the opposite side of the spectrum who see benefits and welcome it with open arms, i.e. Japan or Australia or Germany.

As for the technology, it has already taking the world by storm. They are even talking about blockchain 2.0 already, which means that it has already evolved and many industries have been implementing it.

It's really hard for bitcoin to be accepted in most countries because it's decentralized. No matter how much other country praise blockchain, they are still being reluctant to bitcoin. They'll rather create their own than to accept bitcoin. But I'm not generalising all countries since there are some who sees the positive in bitcoin. We need more time for acceptance...

There is no question that the blockchain technology (the underlying foundation of Bitcoin) is getting more popular as many countries are looking into its many good benefits and innovations and how they can use those innovative features to bring in more economic activities and enhancement of competitiveness to different industries. China is leading the way on this aspect, as well as Japan, Germany, Russia and lately the USA. Blockchain technology done and applied right can be a big game-changer in different aspects of living in different countries. We should be watching out for more developments on this arena. Since the blockchain technology is an open-source, anybody can use it according to his perceived needs and situations.

Just some weeks ago, the USA SEC rejected the Exchange Traded Fund (ETF) proposal and application of Bitwise on the same grounds used in many same rejections in the past. Now, there is another ETF application but there is no chance it can be approved this time. However, it must be noted that there is no official ban in USA for Bitcoin and people can easily and freely acquire the said digital asset.

Bitcoin is controversial (but intertwined connected to the blockchain technology) all because BTC is acting as money and a store of value (as compared to the real gold) and certainly when we are talking about money the control should be in the hands of the central banks and its regulators but in Bitcoin it is the opposite.

Will there be a time when the blockchain technology can be more accepted and used widely compared to Bitcoin? Yes, that can be possible but I am also sure that Bitcoin is here to stay and will slowly claim its rightful place in the international arena we just have to be patient about it.





 

It's not that easy to accept digital world especially in some poor countries that don't have much access in the internet or that their citizens don't even know how to access computers and still have zero knowledge over the internet. So, it won't be that much easy to accept and adopt. In time it will happen little by little.

Bitcoin is indeed difficult to be adopted within mainstream economy if we look from an orthodox outlook! Governments with progressive mindset are adopting it, Japan and Germany are two prime examples! Examples of orthodox government, consider India, China, Bangladesh and so on!

Pseudo anonymity of bitcoin is indeed a major bottleneck as seen by many countries but that can be regulated if needed! Which can drastically bring down the risk of money laundering and illegal activities. Again, it all depends on the leader of the country.

Blockchain is a different matter altogether! Countries with negative outlook towards cryptos have also spoken highly about blockchain! So it has already been separated because they are not even correlated! What I believe is that, bitcoin will remain a controversial topic for few more years to come while blockchain will be seen used widely in various areas of governance and administration!

this is what I think. most of the principles of bitcoin are contrary to government. Until now there has been no best solution for bitcoin to be used officially in the financial system or transactions in a country. so in my opinion bitcoin will continue to run alone, with or without government support. but I also can't predict if one day bitcoin will be officially accepted for transactions in all countries.

if you can say it is very easy then there should be many who have accepted bitcoin as one of the legal payments in all countries because I think there are still some countries that still have not accepted bitcoin as a legal payment and there are still many very complicated legality issues .

The Blockchain technology has been widely accepted by every country and companies because of it's transparency, security and lots of other things. The reason why these same countries are not thrilled about bitcoin which came out of blockchain is that it is decentralized and with countries and governments it's all about control and centralization and since they cant control bitcoins, they just ban and make their own crypto like Venezuela did and what China may end up doing.

in my opinion some countries hate bitcoin because they feel it's not profitable even very detrimental to the country, when its citizens invest bitcoin, bank revenue might decrease, especially bitcoin is not taxed, so that the government does not benefit anything, while blockchain technology can be utilized by the government to benefit, because the government can control the blockhain technology they make, but they don't have control over bitcoin.

For some countries they can't accept it easily as they have no control over it, they want to mandate and imposed tax first before they will say to people that it is legal, but as of the moment, they can't accept it because they think that Bitcoin will be a hindrance in stock market as people choose to invest in Bitcoin than in the stock market.

Bitcoin would be really hard for some countries to accept, because of the reason that bitcoin is anonymous and they don't know on how it is regulating in the world market but the past announcement of the Chinese president Xi help the bitcoin to be in a good way or situation and I guess it will also be an help to bitcoin to accept it in other countries because as China one of the best economy around in the world accepts blockchain in which result to pump up the bitcoin was a good idea. Maybe someday the countries will accept bitcoin and it's anonymously.

The basic reasons why some countries find it difficult to accept the use of bitcoin are;
a lot of the officials in some of these countries don't really understand how the entire system of bitcoin runs and they are not willing to research and learn about Bitcoin.
Another reason is that they have no ability to control the rate at which bitcoin might be used in the country. In every country, its government always wanna control the inflow of currency in the country. The acceptance of Bitcoin will eliminate their ability to control the inflow of money in the country since the bitcoin ecosystem does not permit a central body to control the circulation of bitcoin. These are the basic reasons behind the difficulty for countries to accept Bitcoin.

Decentralization and taxation law. It is the main concern of most countries that find it hard to accept bitcoin. It will bypass the fund circulation inside the government and it might affect the allocation of economic resources. More consideration required for them before they finally are able to accept bitcoin. More things to look for before it happens.

During those 5 years in Bitcoin, it's really hard for us to adopt Bitcoin, it's hard to accept it as most of the countries thinking that Bitcoin was a big scam, so people are afraid to invest in it as well as it is not that famous compare now, but, nowadays, Bitcoin is somehow known in most countries and thinking to regulate it.

The bitcoin itself and the technology behind it was already great and have a lot of potential use in many countries but still bitcoin is not trusted by the government afraid of someone could potentially hack it or owns it, But overall in many countries the bitcoin was already starting to be established also already use in any transactions. In a way, they could see the potential of bitcoin becoming the future like for example having a fast transaction and also a cashless transaction would be great. The also downside was the government doesn't trust bitcoin because it could be used in illegal transactions and potentially could be a hack.

For me, it depends on the country. Yes, I admit that most states don't fully accept bitcoin as a currency, but there some countries that totally accept it. But here in my country bitcoin is accepted, but not fully authorize of all stores and establishments. But the good news is the vast companies, schools, and other facilities are now allowing/agreeing cryptos as payment. I am hoping that the government creates a department that will study the possibility of making these cryptos fully legal. :)

Also in the Philippines discuss against bitcoin that they warn all filipino about bitcoin because they think that the investment of bitcoin can also like a gambling where they can lose their money.

They didn't know all about bitcoin but some of stores out there can use bitcoin, it's legal but they promoting it.

There are some company who favor of bitcoin on the Philippines that's why they create a wallet for the cryptocurrency user.

Everything that can threaten any country's economy becomes hostile to a country. It happened with Bitcoin, many countries are afraid that if Bitcoin gets power, then fiat money will depreciate, destroying the economy. Blockchain, in turn, is safe, it's just a very good friendly technology, which is why everyone loves it, not Bitcoin.

It's just getting started and definitely some gov't will act that it's like something that they can trust but sooner and later, they will accept it and welcome it as if nothing happened. For now, we just have to keep going and wait until everything moves favorable to bitcoin. Blockchain will go on so do bitcoin will. I believe that these two will go along together and if it only blockchain does takes the ladder, bitcoin will never get left behind as its community has been built already and strong all over the time which will surely grow in the future.

It is true that many now separate bitcoin and blockchain. Yet in my opinion between bitcoin and blockchain is an inseparable unity.
For example related to china's state news which started to accept blockchain technology, but not with bitcoin. In my opinion it is only
natural why bitcoin is so difficult to be accepted by the government. Because bitcoin is a decentralized is protect its users, bitcoin
cannot be controlled by anyone, bitcoin has a volatility price and bitcoin is always linked with money laundering and terrorism. So,
seeing that reason makes bitcoin difficult for all countries to accept in the world. As long as the negative stigma is still attached to bitcoin,
it is indeed difficult to convince the government to accept bitcoin.

I am interested in your opinion about a poor country that cannot accept the digital world. because it is limited by the internet. I think differently if a poor country has internet access, maybe Bitcoin will be free to use. because with Bitcoin, countries can compete with large countries that don't accept bitcoin.

Bitcoin doesn't need to be accepted by the state or anyone else for that matter in order to be used. What you use as a medium of trade is up to you.


Only insane countries like America think bitcoin is used for terrorism. The whole money laundry thing.... They like a bunch of thugs collecting their protection money but they call it "taxes".
What's all this talk about getting the government to accept bitcoin? Who cares what they want? They have nothing to do with it.

The number of source for using Bitcoin is increasing day by day. As far as I know China is now open for accepting bitcoin. According to this article https://all-stocks.net/state-issued-cryptocurrency-is-now-priority-for-chinas-central-bank/ China Central Bank started using bitcoin and talking payment. Recently some other countries will start using bitcoin I hope. So that the bitcoin future is really great.

Bitcoin is a killer of centralization. Which country does it need? No ones. That is why the coin is not supported by states unlike Blockchain.

Some also are too scared to adopt change, they'd been comfortable in what they use to do that they not aware that they can make their living and transactions easier once they already try to find other methods on making their living or stuffs they do easier in technology that's why it is created by the way. Bitcoin having many uses like for faster and smoother transaction, type of investment and etc. It will depend on how implementation the government will do to attract users.

I think only countries that have developing economic conditions can provide the legality of using bitcoin as one of the legitimate alternative payments, hopefully many countries can accept bitcoin so that it can influence the demand at the exchange and can increase prices for bitcoin.

I believe that many countries resist the legalization of cryptocurrency due to the fact that in the first place they will lose income from international payments.  If today money is transferred from one bank of a country to another country, then taxes and interest will be charged, and if this is done using cryptocurrency, no one will be able to trace the money transfer and the user will pay only the cost of the transaction on the network.  But nevertheless, if the cryptocurrency is legalized, then each user will be able to use cryptocurrency in their country legally, if each entrepreneur declares his activity with cryptocurrency.  Of course, this requires certain laws, and in this I do not see any problems for the state.

Most countries rejecting bitcoin still haven’t find a way to get those juicy taxes off of bitcoin-related gains and make it seem like it’s justified. They will, in the future, surely accept bitcoin when most countries did, and have come up with a rather logical way of taxing people again without the concerned party resisting too much. That’s the only side I could view this issue on, or that they are brewing their own crypto to push to their citizens for an even greater amount of control to their financial activities and whatnot.

This is a great question but I wonder if this will happen especially that bitcoin is King of blockchain even if it has anonymous team behind it. Blockchain become more popular because of bitcoin and with regards to Chinese president, they are planning to launch their own currency so there is a big chance that they will boycot bitcoin even if it is the mother of all the currencies.

It's about the benefit that they can get and it is not about who started it first. Bitcoin cannot be separated but there is a big chance that big countries will create their own currencies that will benefit them and bitcoin will be left behind.  

The rejection and acceptance of bitcoin depend upon several factors which cannot be easily implemented. With its anonymity and decentralized factor which strip the power of government of control and tracing over its transactions, you cannot expect that it could be easily accepted. But despite this huge hindrance, there are other countries that accept its utilization with regard to its implementation. Basically, they see that the merit outweighs the burdens.

Yeah is truly correct mate, people why asking a lot of country leaders didn't understand the importance of bitcoin as new hope of people to get out into the poverty. One things I cinclude why some government don't want accept bitcoin as legal because they it to control as currency.

yes guys, as long as it doesn't benefit the state and government. it will continue to be controversial. basically, the duty of the state is to prosper the people. but when bitcoin will prosper people. country is blocking it. various reasons are used for not accepting bitcoin. as an example of the community in this forum. is it better in the economy and finance before we know bitcoin? I personally don't. my economic and financial situation improved when I learned about bitcoin and this forum.

That's true. when the big countries talk about blockchain then the cryptocurrency appears in an acceptable mode, but they are not talking about Bitcoin at all which is the fundamental element of this platform, I think there is a hidden conspiracy towards Bitcoin. if all the cryptocurrency price will get increase then Bitcoin's price will hamper and also it's credibility will face a huge crisis, but there is also a hope of light which is the familiarity, Most of the people still know only Bitcoin rather than cryptocurrency, so I think Bitcoin will also get accepted by this time with cryptocurrency.

There were countries like China who doesn't want Bitcoin, maybe because they have no control and power of it, so they can't take it, what they wanted is for them to be the most powerful in the world in all aspect.

Still, these past few months we can say that Bitcoin is rapidly adopting by most people because government is trying to regulate it.

I think Bitcoin will take a significant part of the money from the banking system and put it in the pockets of citizens. Citizens will be their own “banks” and will be able to send Bitcoin to each other without any intermediaries. That is why we see such an ambiguous attitude to Bitcoin in many countries of the world. It revolutionizes the established financial system, which is unprofitable for many.

yes I agree with you most countries reject bitcoin because this anonymous can be used for criminal acts of money laundering and terrorist financing. then decentralized bitcoin was not liked by the government because they were afraid that bitcoin could threaten the financial system and defeat them. and for blockchain technology I think almost everyone is positive. because blockchain provides a new breakthrough in technology and makes all transaction processes easier, safer and faster. so I think that a country can adopt a blockchain to be implemented in their country but doesn't accept bitcoin as a currency.

The acceptances of the blockchain technology does not grantee the acceptance of Bitcoin because the two projects are different yet somewhat related because of the authenticity.
Moreover, the point you made is the real cause of why the China government and some of why the world government refuses to accept Bitcoin.
Generally, the government hates what they can't control and tries every possible means to eliminate such threat.

I think bitcoin is already a great technology itself and already become popular in a lot of countries to the point that it is already recognized and use in a few countries like Japan, they already use it as cash or digital cash to have a cashless transaction. Also, I think the problem is a lot of countries are still not ready for these kinds of future technology first a lot of people don't know about bitcoin also a lot of people recognize banks as and debit cards because this is what they mainly use. But we know that bitcoin works like this and potentially works smoothly than banks etc. But it could only be done if a lot of companies recognize and accept bitcoin as cash.

Bitcoin is the product of blockchain if they accept blockchain they should also accept or even honor its first product out of it and if they accept blockchain, they should accept it's creator, we cannot separate the two Bitcoin and blockchain, Bitcoin will always be associated with blockchain and blockchain will always be associated with Bitcoin.

Anonymous background of bitcoin is the one who pulls it down, a lot of people is hard to acquire or identify what is bitcoin purpose in our society. there is always fear and dread on their mind because of bitcoin negative side. if this continue spreading, bitcoin will not surely recognize by the government. however we still have time to to change it. and to show others that bitcoin will help us to achieve real change in the future. countries will allow bitcoin to spread if they find it useful to them.

I highly doubt that honoring Bitcoin will be on the governments mind when accepting blockchain. Look at China for example, they are planning on launching their own blockchain/coin so that they can control it and so that there is no need for any other blockchain (BTC or alts) that they cannot control, they really will not care that Bitcoin was the first. The only thing they want is to be able to control it.

blockchain and bitcoin are often hot chats and are considered trivial by the government ,one day they will realize the use of bitcoin as the most appropriate payment option for each country ,the anonymous nature of bitcoin is often used as a problem but actually the problem exists because fiat printing can be in fake by mafia but bitcoin cannot be faked

Simply because Bitcoin is a financial instrument or a currency and they can’t think of a way to control it. the whole idea behind cryptocurrencies, at least the decentralised ones like bitcoin, is to take out the financial control from the banks and governments. since this will prevent the governments from taxing people and thereby take out their control over economy of the country. If everyone started accepting Cryptocurrencies tomorrow we could be free from all involuntary taxes. Wouldn’t be surprised if those that forbid or illegal it, allow it once they figure a way to tax it.

Countries that wont accept Bitcoin and the blockchain are very few compared to the numbers of countries that are supporting the Bitcoin existence and besides those who supported Bitcoin existence are mostly strong in talking of economy and influence like China, USA and Russia in which these countries are most respected that they openly supporting Bitcoin and utilizing the blockchain technology to their needs therefore we should not worrying about those small countries that won't accept Bitcoin as sooner and later they will realize of how important the Bitcoin concepts is.

Maybe it is because the government doesn't see any help that bitcoin can provide in their country and the whole monetary system, unlike blockchain that has the potential to be very useful in every aspect of the government system, financial and many more blockchain technology can be used on improving the whole government system now.

The thing is that governments and banks are kind of frigthened about Bitcoin. They do however embrace the blockchain technology as that could really add up to the bank & public systems' transparency and efficiency. I noticed that they try to stall the time so they can come up with their own cryptocurrency. That's what China and Facebook is doing at the moment. They want capture the cryptocurrency momentum to create and implement their own "centralized" crypto to the population. In my vision this is how the crypto revolution will end up: countries create their own "regulated" cryptocurrencies and Bitcoin will become a worldwide mainstream currency like Gold is for fiat.

In what way does it make the transactions easier to trace? I think the government is just doing fine tracing transactions thru banks. Even easier compared to tracing transactions in the blockchain in a sense that what we can see is the amount sent only unlike with the banks where (of course) needed KYC hence aside from knowing that the transaction took place, we also know who, where and when.

I don't think that the blockchain technology is the reason but rather (like you said) it is due to the decentralization that Satoshi "spiced." But given the current volume of the crypto market, if the government(s) is dedicated enough then, going by your logic, they can control the market by purchasing a huge amount of BTC.

Because Bitcoin is anonymous, Bitcoin cannot be controlled by anyone, Because the price of bitcoin is volitile, Because it is too risky to invest here because of the threat of hackers and more, which prevents bitcoin from being recognized as one of the most beautiful inventions of this era.

I couldn't agree more with you.

Therefore, I believe Bitcoin will become and remain no. 1 option for p2p permissionless commerce.

Blockchain is technological advancement and the world will really have to adapt it for development. But the governments are still being uncertain with bitcoin because it's all about risk and decentralization that the government cannot control when they adopt it. Sooner more countries will look at blockchain but that doesn't mean bitcoin is going to be adopted as well since they are different.

Probably government dislike Bitcoin simply because of course the anonymity since it is really hard to modulate this kind of currency indeed. Besides, they welcome Blockchain but didn't acknowledge the existence of Bitcoin because they probably wanted to create their own coin that is centralized for them to manipulate. However, I do still believe that Bitcoin would be widely accepted by world government not for now but soon.

You don't know why US SEC is doing it. They are trying to delay the big blast off the price when they allow even a single ETF because the accumulation phase is still ongoing and prices need to remain both stable and cheap to impress SEC for their state of described time. About the countries, G20 had already discussed measures to be taken to prevent crime being done through crypto and appreciate Blockchain. If they are accepting the technology, they will understand that the need to accept Bitcoins is more important than that because Bitcoin is the reason why Blockchain came into limelight.

Bitcoin is having a hard time being accepted by the government mainly because: [1] They don't want what they can't control or monitor. Having anonimity since not all have undergone KYC in exchanges, and they only have a bunch of addresses to look at the ledger, could be a problem when tracking down someone for whatever they're reason (e.g. a criminal usage, illegal activities). [2] It is deflationary, and price fluctuates fast and in huge amounts, which could impose difficulty in implementing it as mode of payment. [3] Regulation is a problem and might be too late for now, you can't just forcefully require every bitcoin wallet owner/holder to identify themselves.

Bitcoin being decentralized is the reason why it is hard for large countries to be accepted.
Other countries will most like to focus their sight on blockchain technology as they started creating their own crypto. In this way, they don't need to control or manipulate bitcoin but to become one of its competitors.

do you mean that bitcoin holders are agreeing to keep prices stable and cheap to convince the SEC that Bitcoin is safe. if it's like that, I think that would be an SEC reason to keep delaying ETFs. because when ETFs are accepted Bitcoin will jump up and have irregular prices. especially about the increase. maybe I don't really understand about the SEC's decision to keep delaying it. But what I focused on was why did Bitcoin and blockchain begin to separate? right now I feel that Bitcoin doesn't want to be accepted in large countries. but they adopted the blockchain. what I might see is, countries will make their currencies on the Blockchain network.

As it is not strange but it seems to me that in economically developed countries it is more difficult to accept bitcoin because the financial and banking systems will resist it.

This is the truth because bitcoin is beyond their control and they cannot accept it because it will only damage their fiat money. But they cannot stop the crypto currency revolution and will continue to do so because of people who support and believe in the good intentions that crypto provides for our lives.

Bitcoin still in the early phase of development (10 years) and bitcoin market capitalization still growing with bigger potential in the future, as satoshi said; I'm sure that in 20 years there will either be very large transaction volume or no volume.
The main reason why some countries banned bitcoin because of the underlying technology of bitcoin which knows no boundaries and decentralized without any government can control it. Furthermore, the price of bitcoin keeps fluctuating and susceptible to manipulation due to relatively small market capitalization and some people hold too much bitcoin compared to the majority adopters.

You expect the government to just accept a system without thoroughly investigating it and also seeing how it functions and its effect on the market. They have not rejected bitcoin, they are just being skeptical about its usage being the fact that it is a system that they did not create personally which will make them to want to first be careful in the way they rush into it, and you can see that they were initially first difficult about it when bitcoin first came out and after which you can now see that they are beginning to look for ways for which they can regulate the market after seeing the numerous benefits that the use of bitcoin will bring to them in terms of both employment and economic benefits.

Bitcoin does not need to be welcomed by the government, It is made to be anonymous so it cannot be controlled by anyone. And let's not expect the government to accept bitcoin because it will surely ruin it for us to use. Because the only way now for the entire government to accept it is to have the power to control it, which other crypto users will not allow.

as much as I love bitcoin I don't see it being fully accepted by a government because of its possible illegal uses. blockchain, on the other hand, is the opposite. blockchain is quite
versatile and can be implemented in different technology/fields. in short, I agree that blockchain might be welcomed by the government because of its possible uses but bitcoin possibly
will remain frowned upon by the government. but I still have hope since bitcoin transaction are traceable and the government might use this to track down possible illegal transactions.

Yeah that happen right know, the world just want to learning about blockchain to improve their economics system, but they rejected btc as currency. Its because bitcoin can't be predicted and have high volatile, so it have high risk if it become an asset for lot of people in the world.
Then bitcoin have no physical shape if we own it. Its the main reason why the bank wont use bitcoin as currency.

Adoption of blockchain is indeed very influential on increasing the effectiveness of a field. Adopting a blockchain does not mean having to do the same thing to accept bitcoin openly, because bitcoin cannot be controlled by any government or group (except those concerned), which is why developers make their own coins or tokens that can be controlled and managed.Not at all. What's wrong with not having a physical form? if it has a physical form it will actually eliminate the essence of bitcoin as a cryptocurrency, a cryptographic encrypted currency. In fact, there are a lot of rumours and news circulating that bitcoin cannot be fully accepted because there is no official administrator, anonymous, so it is feared that there will be more risk.

At this point of time there is still no concrete details as to bitcoin acceptance in terms of its legality. However, users are getting higher in volume that makes it more difficult for them to make regulations maybe. Its always the people's power to make it happen. The more users of bitcoin we'll have the capacity to sustain it. Blockchain and bitocin are reciprocal to each other and it takes both to make it happen.

From all of the things you've said, I guess the accurate one why it is difficult for countries to accept it is the fact that it is decentralized. No one controls means the government will be having a hard time supporting it. We don't need to talk about investment here since the acceptability of bitcoin circulates to it being decentralized.

We will get to the point when Bitcoin and Blockchain cannot be ignored anymore. So far its good that people are approaching Bitcoin and they invest into it or even more they build around its ecosystem. In future Governments will adopt Bitcoin ( or some of them will build their own in order to control the funds which will only be applied for current citizen who don't believe in Bitcoin and they want a national cryptocurrency ) but yea in some countries people still see Bitcoin as the biggest bubble ever created and they don't even want to inform about it in order to find what is really behind Bitcoin, THE BLOCKCHAIN!

It's only about time, over time people will realize how great the function of blockchain and bitcoin is. Although it is undeniable that many things make it controversial so that in some countries it is banned. So, while there is an opportunity, take advantage of this well, although there is no official legality, some countries allow the use of cryptocurrency, especially bitcoin for investment and trading commodities.

I think because of the fluctuating price of BTC as the main reason why BTC is still difficult to accept in various countries, blockchain itself might be welcomed positively as a reliable technology for storing data, but bitcoin as one of the blockchain products will not necessarily be welcomed positive like the blockchain.

Well that's a fair assessment between the blockchain technology and bitcoin. The technology seems to being adopted much more easier than bitcoin and this is because of the lack of control that these governments don't have over bitcoin. The government mostly bans or restrict the use of things they can't control. However, some companies  have already integrated the payment system of cryptocurrencies into their operations which accept bitcoin as mode of payment. It will take time but i believe we would get there soon.

Yep, that's good ... as long as there are no heavy sanctions for bitcoin users in investing, then use it well. and as long as it makes someone better in finance. then don't let go. continue to learn and collect bitcoin. although one day apart from state regulations and bitcoin runs alone. don't take it off. because we don't know what will happen for the future of bitcoin. surely we believe it will get better.

Many countries difficult to accept bitcoin as legal transaction currency, with many controversy of bitcoin price suddenly dump and pump make many country not allowing for bitcoin become legal currency transaction payment. Although many cases with bitcoin hacked in wallet exchange and low security with bitcoin make countries want to review for adopting bitcoin as legal payment transaction at the future.

It is because then the blockchain can be to themselves with a new currency they make. Bitcoin belongs to people and they want it to belong to them. They want the technology to be theirs. This is especially so with China and how thy have reacted and handled bitcoin and blockchain technology and how its been announced they do support blockchain just not bitcoin.

I really cannot wait to see countries adopt crypto as their countries have chosen currency. Or at keast have it as a secondary option to their main fiat currency.

In developed countries, investment becomes excellent, especially now, investment in crypto or say investment in bitcoin. Maybe in developed countries like bitcoin is accepted like in Singapore for example. However, there are many countries that do not agree to accept bitcoin as an investment tool because bitcoin value is very volatile so it is high risk and speculative. Say the government is principled to maintain prudence and wants to provide protection to consumers from the risk of crypto investments that are too risky. In addition there are several other reasons, namely to avoid money laundering and terrorism financing. But for blockchain technology, it might still be acceptable because the technology is very sophisticated and can advance a country's economy if the country implements a blockchain system. But Bitcoin and blockchain technology still cannot be separated because they are one unit.
 

I am worried about the fact Bitcoin will be accepted by bigger countries. It is true that Bitcoin is the first carrier of blockchain technology but due to its decentralize nature most of the govts. are not accepting it. On the other hand blockchain technology is the the latest innovation and big economies like China do not want to remain away from this innovation, they may adopt the concept to develop something under their control. Lets hope something good for BTC future.

India has banned the cryptocurrency and hearing is going on court

Of course, Bitcoin is difficult for most countries to accept. The reasons are many. This is the conservative policy of the States, the unwillingness to introduce new technologies, so as not to expose the existing economic interactions within the country and abroad to risks. We also know that almost all countries of the world have their own national currencies. And if Bitcoin suddenly becomes able to influence economic processes, it can affect the exchange rates of national currencies and as a result the economies of countries.

Everything China does is to increase their already massive control over their people, and using the blockchain is going to help them achieve their goal faster and even more efficiently.

People are very excited about China's latest move to get into blockchain deep, but that move is something most people will regret having supported in the next couple of years because the real truth of China will come out.

Truth that will firstly impact Chinese people the hardest, but there is no reason why they wouldn't roll out their network to Hong Kong for example, which they want even more control over.

They are regulating bitcoin maybe because they cannot regulate it. The way we are earning without paying any tax. We all know that cryptocurrency is decentralized meaning it is not run by any organization or group. But I think they are also getting to the point that they do adopt cryptocurrency when they really knew that it is really profitable in many terms. Investors will do invest in some projects in here and it is really helpful to the market. The moment that the crypto will be legalized in all countries I believe that the market will recover because if that happens there are more investors will come. They will buy some tokens and it is good on our side, having more incestors than bounty hunters.

First of all we have to make the difference between Bitcoin as a cryptocurrency and blockchain as technology. It's very likely that governments will accept and implement blockchain in different areas but I'm not so sure about Bitcoin. However I do expect some regulation in most of countries regarding cryptocurrencies because by now everyone is aware they can't be ignored. Still that doesn't necessary mean their implementation in formal economy and financial system.

Yeah, accepting bitcoin is not so difficult but the real difficulty here is that as you are saying, the government has not yet established a relationship with bitcoin, they understand the system and the benefits of life from bitcoin but anonymity is restricting control from the government but increasing the opportunity for criminals who want to transfer and launder money. And in fact, bitcoin is not too interested in or desires acceptance from countries, users accept it is enough for bitcoin to grow

Most of the big institutions like UN,Starbucks have started to accept bitcoin as mode of payment in their system and what i think is that governments will support these coins if majority if people accept or banks adopt blockchain technology in their system.The governments fear these decentralized currencies as they dont have any control over them and they will never allow such currencies to operate in their financial system.But still with improved technology btc have potential to improve economic conditions of nation so it might be possible to be adopted at large scale.Lets wait for right time.

actually bitcoin accept in country but in small radius. government maybe reject or inhibit developing of bitcoin, but in small bussiness they brave to accept it. many store implement this method for their profit and for customer.

now, and many people use digital money to pay something. so, its not about the physical shape.

I live in a country where Bitcoin is very much legal and we have a few exchanges here in our country, I think it's more on a country that cannot adopt the technology that is being brought by the blockchain, and another is they want total control and they have very limited control and they will have to do a lot of examination and setting up a system for adoption, just like our government has done and they do not want to bother doing that.

The unwillingness to adopt and the sole purpose of maintaining the authority inside financial aspect of a certain nation. Not every countries are open to this kind of new system, knowing that decentralized is being introduced which means that the control is no longer in their hands. Government mostly concerned with securities and assurance with high volatility of this kind of system it's really hard to other nations to embrace and allowed bitcoin to coexist with their current system.

sometimes also a country that is still unable to formalize crypto in it, because lags behind knowledge that makes some countries that do not allow crypto. I think in terms of government control it will be difficult if it does not have experts.

India has their people more focus on cryptocurrency, there are more people who prefers cryptocurrency in india rather than preferring banks. And also, their government really do want to ban cryptocurrency and hodlers of it might be in jail according to this article: https://www.technologyreview.com/f/614014/india-might-ban-cryptocurrencies-and-give-its-traders-jail-time/

with this, we can infer that people should support first their government after this will be settled, government will trust their people as well. There are countries where cryptocurrency is prominent and even supported by the government.

yes guys, moreover bitcoin has a bad record in the public, some people in my country kidnapped and asked for compensation with bitcoin, there is also an international case, which is a ransomware virus, which is a virus that encrypts a person / company data on their computer, and to open encrypted that, they have to pay a certain amount of bitcoin. so, it adds to the image of bitcoin getting worse for government.

This is the main reason why most of the countries are still unable to accept bitcoin, basically, they know nothing but all the illegal activities about it. They don't know its function, how it works, and its uses.
Lacking of knowledge is the main reason why adoption will never happen to most of the countries, if there will be a group of people or even the government itself will explain everything and will start a move to accept it, every individual will probably understand and will start to like it and more likely to use it.

It is the authorities' role to stop these crimes and put to justice whoever is involved with them. It is not Bitcoin's fault that there are kidnappings and spread of virus just as it is not fiat's fault that there is widespread corruption within the governments and plundering of the national treasuries. There are always two sides of something. One good and the other bad. It is up to you which side you are focusing.

what i know that China reject bitcoin and any cryptocurrency coins, but in the mean time they will create them own coin.

People need to show proof and tell the government that by legalizing cryptocurrency it can help them to their economic growth. Bitcoin is first to be known used by illegal activities by illegal people, that is why government dont want it also they cannot put taxes nor regulates it, they dont have a solution for this for now.

FATF recommendations, depending on the way they are implemented by each country can become a limitation for Bitcoin. Why is that?
"Travel rule", which works in more or less the same way as with the banking system/card payment.
The receiving party (wallet) must be identifiable. With banks it is simple - there is an assigned and confirmed account owner.
With cryptocurrencies, it would be a lot more difficult.

So then your payout order from exchange/market will need to be accepted. And there is a blacklist of countries where you will be unable to send your BTC from, just because they are considered politically unstable/failed states. And after several attempts to do so, your account could be suspended under further investigation is finished.

A possible and rather temporary solution would be to use in such case a cold/hardware wallet, but anyway - as we can trace the history of each block in the blockchain, you may be put on a blacklist as a person after several transactions only because you as a Venezuelan expat had been sending BTC to your starving family in your homeland

In a number of countries, your BTC earnings are already taxed and they are working (if not yet passed) on regulating it - using FATF recommendations, EU directives (Europe) or national legislation. The point is that regulators are often the people of the past and they want to put a cryptocurrency environment in the more or less similar legal background as a banking system.

It is easy to say, but it is really hard to do. The government is not easy to convince unless you make them realize the factors it can do for their own benefit. Without proper knowledge and explanation or evidence, your proposal to let them know will be out of the chart. The government is actually looking only to their side. If they know that they can't control it, they won't hear you out.

yeah some people have bad idea about bitcoin,that's why they always reject bitcoin.

If the government accepts bitcoin then people will embrace it, what we need is the regulation as we know how risky using bitcoin due to its volatility.
With government regulated on bitcoin and crypto as a whole, people would be educated and they will understand the risk.

Let's put in mind that not all users are investors and not all investors are users as well.
But.. what we need more users to benefit this centralized system.

Honestly, we don't need for bitcoin to be regulated by the government because bitcoin is decentralized which they can't control, and put a tax on it. The only thing that we need is that the government should accept bitcoin as a currency, so everyone in the world would start to use and accept bitcoin for online transaction. If bitcoin became centralized, it doesn't have any difference with fiat currency.

We need more users to benefit out of the decentralized system. With centralized services the effectiveness is low compared to the blockchain technology. Very little number of people around the globe is aware about bitcoin and technology backed cryptocurrencies that has got only the virtual presence. With time the acceptance level of bitcoin in different services keeps increasing, but same as that there are people who fear regulation and stay away from cryptocurrency usage. As in the above quote when regulation will surely help with the market widening of cryptocurrency.

They can't regulate bitcoin itself but they can regulate its channel, like the exchanges, stores, or anything that accepts bitcoin.
The problem is, if bitcoin is not regulated it will be use for crimes like money laundering because it's not easy to trade and not KYC when using it and of course the scams in the crypto space will increase.

it is where we are going, the government are starting to regulate exchanges, crowd sales, and big businesses because there's a big money flowing on them.

The main reason behind rejection of Bitcoin by any government is its decentralized nature. As Bitcoin is not under anyone's control its difficult to trace any transaction carried out in Bitcoin and I think this is the reason where most of the governments are afraid of accepting Bitcoin into their financial system.Although legalizing Bitcoin payments may attract a good income to any government but risk of crimes like money laundering will be increased.

Let's face it, government don't like Bitcoin because of the fact that they cannot control it, they don't know what are they going to do for this, they are after the money that they can collect but they don't know yet how they are going to implement on it because it is decentralized, so they hate it, they want people to pay proper tax so they can corrupt more.

It is already adopted by some countries and it already fine, it is still used even though some countries did not adopt it because it can use online, I think the reason why some governments did not want to adapt it, is it because there is no tax with bitcoin. They didn't get anything from it.

If you transact with bitcoins, holding the bitcoins instead of converting to local currency, it is just as easy as any other payment method

There are really a lot of countries who does not yet accept bitcoin due to fake news that bitcoin is just a scheme to scam other people, which is not true because even bitcoin has a lot of issues of scam projects it doesn't mean it is all about scam and fraud. Bitcoin is a good for a long term investment, that is why a lot of people became rich with it. Bitcoin is also good as a currency because it has fast transaction and it is decentralized.

I think the biggest problem is the governments, not Internet infrastructure because OP want Bitcoin to be accepted worldwide. The governments don't want Bitcoin because it threaten existing fiat system.

It is true that bitcoin is very difficult to be accepted by most countries in the world, because bitcoin is considered widely used as illegal
activities such as money laundering, terrorist funding, human trafficking and so on.Though countries the lack of knowledge about bitcoin.
Another reason why bitcoin is difficult for the government to accept because it is considered threatening the existence of fiat and banks.
I still hope that bitcoin can be accepted and legalized by all countries in the world, this opportunity still wide open. Remembering the
countries that accept bitcoin are increasing every year.

Yeah, that's one of the reasons that governments didn't accept easily the circulement of bitcoin in the country without any limit. It can threaten the local currency, like people will use to get bitcoin and using it more than the local currency, which it will influence the fiat system and it will be a problem, that's the fear of the govemenert I guess.

Bitcoin is being rejected by other countries because they are afraid of what can bitcoin really do. Bitcoin might replace the physical money that is why government are doing their best to ban it. But little did they know, bitcoin can cause faster transaction than the physical money which might cause a economy growth.

What shit are people talking? You can use bitcoin in any country. The government doesn't need to give it some sort of legal status. People are delusional.
Stop talking shit. You can us bitcoin from anywhere. Where is it illegal? It doesn't need the government to accept it. Stop being delusional.

Bitcoin is very difficult to understand by the masses precisely because it requires multidisciplinary knowledge and the average people are unfortunately low. Consequently, most of the state regulators (who are photocopies of us) do not understand the potential of this mainly mental revolution. On the contrary, someone has understood (a few of them) as well as the world of finance that has done everything to block it (first) with the complicity of people's ignorance and to slow it down (then) seeing that it cannot be stopped. So it will be difficult for people to be convinced in mass in their use. Unfortunately we have to hope in the banks that are entering the crypto world. When they clear it, then bitcoin will be able to spread.

most of it may be the rejection of bitcoin because the country is not ready to accept the latest technological developments. because there are still many countries that the internet network is also still difficult and of course it is its own constraints. about what the colleague said above because the country was afraid that bitcoin would replace fiat money, it was very unlikely because it was clearly very different in use. what is certain is usually regulations or rules that are not ready and so they need to adapt to this.

We should expect this kind of scenario in a revolutionary project. Bitcoin will still get adopted at the global level but it will take some time not as fast as many people want it to be. There will always be reluctant for new innovation

I think there are many reasons why most countries in the world have not legalized cryptocurrency. firstly because decentralized cryptocurrency cannot be regulated and controlled by the government, anonymous crypto is easy to use for crime, bitcoin has high volatility and lastly the government considers if they legalize bitcoin then their national currency will be threatened.
and regarding the current blockchain, more countries and companies are supporting and adopting blockchain because they understand the great benefits that can be obtained by implementing blockchain technology.

Until now several countries have agreed on Blockchain to be implemented in the real world. Because Blockchain technology itself has adopted several industries in the real world, especially the financial industry such as banks. Even some countries have legalized cryptocurrency which is categorized as a commodity product and can be traded on the futures exchange. however, it just can't be used as a payment transaction. because it is not very easy if a digital currency that has fluctuating prices is used as a means of payment.

There are people that will going to adopt and there are also portions that will not easily adopt it. But in time, this innovative process will be noticed and start being used by most businesses. We should all know that  the industry needs more backups from known personalities and businesses.

The hardest part will always be the transition phase. It is not easy to leave behind what you have grown to be comfortable using. It is not easy to just let go of the past and what you have used to even if the new design or technology is much better. The comfort, familiarity, convenience, etc count as significant factors why a new innovation is hard to embrace immediately. But sooner or later, the shift will still happen. That is the same with Bitcoin and cryptocurrency.

because those countries that talks about blockchain is eager to have their own Currency so Bitcoin will be a threat to them so they rather not to tackle this great coin,expect every bad comments from these country just to make their target visible.but about controversies ?this is still publicity mate the more they talk dirty about Bitcoin the more popularity this coin gains.

Bitcoin and cryptocurrency will greatly affect each country's monetary system, so I believe that no stable nation will accept bitcoin and cryptocurrency. There are currently a few countries that accept cryptocurrencies, but as far as I can see, those are inflationary states and their currencies are losing value.

sometimes a country prefers to make than to use, and maybe also some countries are still unable to control bitcoin. Actually there are many reasons that make bitcoin still rejected from some countries, and maybe we should respect the decision.

It is a reality that there are only few countries are favor to bitcoin where they are accepting and legalizing it. The bitcoin community is continuing to grow but the problem is the growth percentage is only small because of the countries who are ignoring the bitcoin. It is true that they want to create their own cryptocurrencies than to legalize bitcoin in their country.

Yes for now, but let's also take into consideration that we are just starting, we still have long way to go and we should not worry about it, adopting cryptocurency in different countries, in each people, in every business needs effort, and marketing it is not instant, we really to do our part to make sure that it will become successful rather than worrying.

Although it is the first coin that brought blockchain technology to our world, it does not mean it is all. You know, at this stage people are important about the effectiveness of that asset. Bitcoin is not, it's so slow compared to other alts, so why would people use it in the future? Bitcoin's price has been pushed up due to the market being manipulated by sharks, in addition bitcoin should be very low value. Another bad news is that there seem to be many countries that do not accept crypto, they only accept Blockchain technology. This shows that Crypto is not a safe asset and we should be careful about investing in it.

BTC is also banned in our country too. The world should look at the growth and demand for BTC. It can be a very easy financial system for any country with secure transactions. US and China have the largest economy in the world. If they accept BTC as a payment system then the rest of the world will follow their path.

The blockchain, and bitcoin cannot be seperated. Bitcoin will be used by people, regardless of any rules or regulations a government imposes. You cannot stop people from transacting in bitcoin, or accepting bitcoin as payment, any rules are not enforceable on users. The government cannot even effectively stop people from downloading movies and music, never mind using bitcoin which has actual value.

And merely chinas economy is much more sensitive compared to the economy of the other countries. They value business too much and they really want to regulate their money, if every we could see china and US getting into cryptocurrency, I guess we will have a much more easier way to ask our government to think deeply about accepting cryptocurrencies. We are now in an emerging technology of currencies, we should not let us be left behind so the race is to adopt to cryptocurrency and to start thinking about how we could benefit the most from it.

For the first thing is that people still have a wrong perception of Bitcoin and Cryptocurrency, in recent time, A lot of scam crypto project proves it again this platform is not secure yet, a lot of people have lost their money by investing in this cryptocurrency so they are still possessed a negative remark about this system, I think it's just a matter of credibility so not a single government will not allow for such type of vulnerable system for their people. also, no government will not allow a decentralized financial system in their territory.

Most of the reasons why China is discussing about blockchain once and and a while is due to creating a new cryptocurrency within their own market.

It's not that other countries think it's difficult to accept bitcoin, it's just the diplomacy overtaken about it is still growing.
They still have to get papers ready, many mouths have to agree in terms of scams, money laundering and so on.

Basically it's only a matter of time till they reach a conclusion just like all of the rest of the countries that already accepted it legally.

Governments are considering a lot of factors before they will accept bitcoin and cryptocurrencies in their country. I am sure that before they are making move they are studying it. It is a reality that there are governments who will not legalize the cryptocurrencies because of its characteristics of being anonymous that can use in illegal transactions. Even the use of cryptocurrencies are traceable, the government will not find out if who is the person or the organization that are using it. There are many advantages of the bitcoin but some of the governments see that the disadvantages are more so the result is obvious where they do not have plan to accept and legalize it.

I can say confidently that many countries really appreciate the use cases of the blockchain technology but will never approve of the use of bitcoin because of the financial transparency and freedom that it gives to the people. I see most countries creating their own digital currencies in the near future.

blockchain is a technology and bitcoin is a currency that uses blockchain technology. bitcoin cannot be separated from blockchain but blockchain can stand alone without bitcoin and can be used in various fields not only cryptocurrency. so do not be surprised if at this time many countries have accepted and adopted the blockchain but have not yet accepted bitcoin. Most countries do not legalize cryptocurrency because they are afraid that crypto can threaten the sovereignty of national currencies.

The government's will is only to control Bitcoin, so they still won't legalize Bitcoin because Bitcoin is decentralized or anonymous.Yes, I agree in the end they will make their own Crypto while still using the sophistication of Blockchain technology.

The thing is they are going to deny bitcoins till the point where they won't have any options left , because you already know how many people are using Bitcoins and therefore the government may try to control them , it can't , it's exceptionally very very hard to control them and it is a good thing , at least for us , the thing is they see is as a threat and people see it as an opportunity , that's the difference the government is very Orthodox that I would say , it needs more president from the younger generation.

Since btc is not widely accepted nor has it been approved by the government, am afraid there will definitely be some limitations of it's acceptance, lots of merchants in different countries of the world don't accept btc for transportation, most of them don't even know about it, the one's that are aware some are not comforting accepting it for now.
It will be a gradual process for btc to be widely accepted by many countries.

Bangladesh also banned cryptocurrency but in future every countries government will change their decision.

I don't think so , In my country digital asset cryptocurrency it's fine .
And government support and making special laws for cryptocurrency trading.

I don’t think the government is going to accept Bitcoin and I do have a lot of reasons why I say so.. First of all, Bitcoin is decentralized and there is no control over it, the government will not agree to adopt a currency that they can’t control. You might be asking why control matters? well it matters a lot.

You see, just like fiat, the government wants to be in control, and through central banks, they will be able to issue out or destroy money, they do this by using what is known as monetary policy. By having control over currency they will be able to dictate, track movement of currencies and who is benefiting from the transaction, and that way they also collect their taxes.

Yeah, and I have also very good expectations about the future of bitcoin that every government will adopt bitcoin in their nation because in the future when they feel that without bitcoin our life is not more easier then in that time no other way for them to accept bitcoin.

maybe not all countries will do the same about bitcoin and blockchain technology, because of course regulations or rules are needed to be able to regulate all of that. I agree that bitcoin has not really been successful in terms of payment and decentralization, because every country especially developing countries have not been well connected by internet technology which is a separate obstacle. but with the continued development of technology all countries will have to be willing to accept bitcoin and blockchain.

That is one of the obstacles of bitcoin, there are countries who doesn't want to accept bitcoin as mode of payment. They are afraid to its characteristics of being decentralized. They are used to have centralized currency and it is fiat money. They can control fiat money because it is backed by the government and the main reason why they do not want to accept bitcoin is because it is decentralize and they cannot control it.

Currently Only a handful of countries are supportive of Bitcoin and cryptocurrency. And there are many countries that oppose cryptocurrencies, which are mostly concentrated in Europe. They fear it will affect the economy so they are looking for ways to stop the development of Bitcoin and cryptocurrencies. In the future, blockchain will thrive, but for the cryptocurrency market, I think it will be constrained and impossible to develop comprehensively.

The future of bitcoin will lies to the hand of the governments and to the entities that fully accept bitcoin as it is. With regards to uses, most of the governments will surely create their own coin that they will distribute to it's people once fiat will be replace someday.

The question will always remain whether there will be a country that is willing to fully accept and use bitcoin as their main currency in the future. Being anonymous have plenty of advantages the same with disadvantages so it's up for the country whether what will be their decision either to accept bitcoin or not. Right now I can say the same, most of the countries have difficulty in accepting bitcoin.

There are countries who doesn't want to accept bitcoin because they think bitcoin is not good for the economy and they assume that bitcoin is full of scams and fraud. But in my own opinion even bitcoin was used to illegal activities like scams and fraud, it can still help the economy of a country that it can decreased unemployed people in a country, so i think bitcoin would be accepted by every country all over the world in the near future.

But many governments do not accept bitcoin is still something correct because if bitcoin is not completely controlled, many people will adopt those features to evade taxes, a society with so many people evading taxes, facilities and utilities, services will decrease in quality and cannot develop, if people were automatically paying taxes from bitcoin, this story would have followed a different trend but obviously, no one likes to pay taxes, so we can't complain about the government. We should even feel lucky that the government doesn't strengthen the restriction on bitcoin usage, almost they stand outside watching bitcoin grow.

Basically with the local exchanges that we have, it is impossible that these applications aren't really getting taxes from the cash in and cash out of us. Literally all of our transactions are taxable when it is passing through our local exchanges. We have here the coins ph, and I am pretty sure that they are getting tax out of my investment, even if I am just cashing in a small amount of money, they still have a small percentage out of it. Their problem would just going to be if the fiats are all converted to cryptos.

I think if blockchain is used and welcomed by many countries then surely a financial coin may it be Bitcoin or any other coin based on blockchain will and must be accepted by them, I think the government fears the impact of it in the criminal world because criminals would then be able to recieve and send funds anonymously.

the government of each country must be different, some relieve bitcoin and some reject it. sometimes they see their potential so they do legality and they can exercise some control. whereas countries that have not seen legality might think like that, because handling bitcoin will be difficult in my opinion especially for small countries.

Though some GOV are totally against it and some allow bitcoin in their country they all want to regulate it. They are afraid of money laundering, tax hiding etc. So all the GOV wants to control it such a way that BTC could not have any massive negative(I mean against GOV) effect on their economy.

Bitcoin is a cryptocurrency that has circulated in several major countries. But there are still many limitations because countries with a narrow vision of not being able to fully understand cryptocurrencies will benefit local businesses.

bitcoin is actually accepted by several people in various parts of the world, but to get the legality of a country will be difficult. and this makes it difficult to develop in the world of bitcoin, especially in countries that still do not provide legality. because in some countries there is still rejection and also research to do legality, so we have to really wait for legality in all countries

It is difficult for a country to accept it because it was decentralized coin.  Which no one has a power to control it even government. In fact only the legalization is the hard thing because at some point people accept it and used it as an investment.  Many people get rich and that is because of bitcoin. 

it depends upon the concept accepted by the country, if they don't support bitcoin merely, their mind is closed when the topic is based on crypto and in addition, the governments jurisdiction is needed especially when someone wants to establish their own local exchange that will basically open the cryptocurreny to their respective country.

They can understand as surely as they can, but it depends on the state and the state, more precisely what the economic conditions of those states are, and each has its own point of view.
Of course, emerging countries will not want bitcoin, because they think that developing other countries is better than theirs.
I am very ashamed to live in a world of selfishness and some things I will never understand.

We only need approval from the SEC about the legality of Bitcoin, if they authorize and enter Bitcoin on the world stock exchange then I'm sure many countries will accept Bitcoin. Until now the proposal for endorsement submitted to the SEC is still unclear.

SEC approval no longer interests me. Prices used to be shaped according to the future response from the SEC. Bitcoin gained resistance. The US or another country is not directly fighting Bitcoin. I think it's an economic experiment.

Government realizing the Blockchain is need f this era to stable the economy of the country,If central banks upgrade the technology and issue own coin as reserve and guide the financial institutions to make transactions with that coin,It will bring maximum revenue which can be utilize for the new projects around the state.

Here is the deal: Bitcoin is not accepted by countries (governments), its accepted by (the) people. Big difference.

Those countries that tend to listen to their constituents, will allow it. The more oppressive regimes will oppose it, but sooner than later, most of the world will, simply because everyone is willing to.

Pretty much like coffee used to be banned in the middle east because it would stimulate rebellion against the State (historical fact).

Like many things, it becomes de facto and only later de jure, not the other way around...

A "deflationary" coin that simply doesn't lose its value overtime, in a world that has been preached over a century that inflation is necessary, to stimulate debt, credit expansion and this "growth" (Chicago). Such growth comes with a price, that is not attached when people instead save and then spend after having accumulated (Austrian).

Bitcoin cannot be accepted by people who have only learned the Chicago way, they fear it like the plague. With an Austrian economy you don't need a Central Bank or a Federal Reserve, in fact you don't need Banks for the most part, they can still exist but they have to go back to full reserve practices. So most of the non existent money that creates bubbles would disappear from the economy altogether.

As long as crypto is not regulated, it is unlikely that anyone will take it and use it, so when crypto is regulated, many countries will use Bitcoin for various purposes.

I believe a consensus is going to be reached in the future about the bitcoin, which will see a mass adoption since they have all try in vain to control and make it look bitcoin as been a bad investment. When all your propaganda can't stop an innovation, you need to embrace it. These bad guys are secretly buying bitcoin after all their unholy moves about the bitcoin failed.

Still depends on the regulation though and a country will have their own regulation which might turns out to be a good regulation or bad for bitcoin. for example country with different circumstances and ideal might be a lot more "stricter" than the country with democracy resulting in bitcoin banning because they are afraid of their money fleeing out of their country through bitcoins.

It seems to me that in the first place Bitcoin causes negative discussions due to its instability.  Governments cannot now allow legalizing cryptocurrencies so that citizens can fully use this coin in daily life, as this is fraught with big problems.  In my opinion, the situation can be explained as follows.  Cryptocurrency users who somehow already know something about the cryptocurrency market very often, in addition to generating income from the cryptocurrency, lose their funds due to inexperience or incorrect actions.  But if a simple person without experience and without understanding the cryptocurrency begins to use Bitcoin in everyday life or invest in the cryptocurrency, then at the time of the fall of the cryptocurrency market, he simply can lose all his assets.  It seems to me that people should become more literate in relation to cryptocurrency before using its daily life.

If and only if the government could see the positive implication of bitcoin to the community as well as when other countries are getting developed because of crypto, they could possibly adopt it. Who doesn't want innovation in the first place? Everyone wants to be ahead of the technology, and when technology is impacting the economy, it is a massive deal to take further actions in response to implementing the use of bitcoin and not banning it. I do really hope government could understand its importance and its impact to the society.

What do you mean bad regulation? As far as i know regulations are made for the safety of the people and imvestors. The people in cryptocurrency looks at regulation as a threat for the decentralization of cryptocurrency. But everything is regulated to protect the investors not to put harm on it.

Blockchain is a medium changed the world,Mos developed countries adopting it and underdeveloped countries thinning about it.Bitcoin will accepted by countries not sooner but the future f strong economy depend upon the Bitcoin and the block-chain technology.

The best part when it comes to Bitcoin is that it is anonymous so you can actually bypass government and banks if you don't leave your identity trace by converting it in Fiat through banks. You can trade and earn btc and can spend it online without leaving any trace. That was the fundamental reason why Bitcoin was created in first place to keep government and banks out of the monetary system and let people decide and govern their money.

i agree this is one of the reasons why many people are using bitcoin to avoid government out of the monetary system
we didn't avoid government because were doing bad things we just really want a visible currency that have a fixed supply
not unlike fiat where they can add more supply if they needed that's why the value of the fiat always drops after a decade
i realize before that if i will save some cash today it will not be worth the same someday.

This already happened in many countries. For example China is trying to regulate companies which use crypto or Bitcoin but encouraging new start up to implement blockchain and applications.

but bitcoin still remains illegal in china, and they only accept and recognize the blockchain. so far bitcoin is still difficult to be accepted by countries, and maybe just for now because the times can make countries do legality against bitcoin

I think this thing has no effect on the damage and values of bitcoin because all over the world almost 80 percent of countries are accepting bitcoin and they make investments so I am sure a miner forbid by some countries will not effect the values of bitcoin and I can see in future these countries will also accepts bitcoin legally.

As of now, it is really a fact that not all countries accept Bitcoin. But there are countries that accept, legalized and there are local platforms which convert Bitcoins into Fiat. Then this is is just a part of the process. Be patient, let the process and people accept Bitcoin on the right time which they truly understand it. Eventually, if they knew and learned about the good things that Blockchain and Cryptocurrency on their country, I am sure that they will welcome Bitcoin.

That is true, blockchain will be used by many countries and there will be many industries who implemented this technology.

But yeah not for bitcoin, I just thinking that bitcoin is money and there is no party who manage it and its price just made by supply and demand.

How do you thinking, when there is someone who comes to your home and ask or even force to your family to replace something that you've ran before.

I wanna ask you, how to deal with it? it is just an imagination that we can applied to bitcoin now. Government, will always try to alienate bitcoin especially be used by their citizen as payment system tool.

However, I can see different case to blockchain, even this technology is an offer to resolve some problems and as a solution too.

It doesn't need to be accepted by a country in just an instant, everything takes time and bitcoin needs to penetrate barrier between cryptocurrency adoption and the government's rules and regulations. One it could be settled down, it is the time we might use cryptocurrency, in some sense, people already utilize crypto and their usage makes the government pushed to accept it rather than to be left behind in this emerging developing world.

Governments are giving hard time to bitcoin and they are rightful in giving it so. Bitcoin is synonym of “Anti-Government Financial system”. In my view even if Satoshi became president of USA, he will not accept bitcoin over fiat for national interest.

The truth is that adoption of block chain technology globally is growing every year but the government and NGOs have distance themselves from the currency associated with the technology because it can tarnish the objectives of block chain technology integration due to the high volatility rate. The fact that many country reject bitcoin doesn't mean they don't like the technology

It is true that Bitcoin is very hard to be accepted by most countries around the world, because Bitcoin is widely regarded as illegal activities such as money laundering, terrorist financing, human trafficking, and so on. Another reason the government finds it hard to accept Bitcoin because it is considered to threaten the existence of fiat and banks. I always hope that all countries in the world will be able to accept and legalise Bitcoin, this possibility is still wide open. Every year, even the countries that accept bitcoin are rising.

Bitcoin is still difficult for its practical use as a means of payment due to its already obsolete functionality. People began to use coins more for payment, which are more convenient and practical. In addition, now more and more states are declaring their intention to issue their own national stable coin. As a means of payment, this will also be a very serious threat to a decentralized cryptocurrency and, first of all, to Bitcoin.

The main reason every government opposes Bitcoin is its decentralised existence. As Bitcoin is not under anybody's control its hard to trace any transaction performed in Bitcoin and I think this is the reason most governments are afraid to accept Bitcoin into their financial system. Although legalising Bitcoin payments may attract a good income to any government but the risk of crimes such as money laundering will increase.

I wouldn't say that bitcoin is difficult to accept in countries because it's not banned in maybe more than 95% of countries and in overall a lot of countries are accepting it at some point. For example in Ohio, USA you can pay taxes in bitcoin. Germany let banks to hold bitcoin legally. Still there are a lot of things that's done in many countries and they didn't gain enough attention. Number of bitcoin ATMs is growing around the world, number of accepting bitcoin payments is growing too, you can compare old statistics to current one and you'll see that there is a significant growth in it.
What can I say more? Bitcoin adoption is growing and at first it's currency in virtual world and then in real life, so it's growing pretty well and we can't say that it's difficult to accept in countries. Currently India rejects it but seems they are realizing that it is bad decision.