Bitcoin Forum

how the development of bitcoin in your country?
whether in your country banned the use of bitcoin?

Very few people in my country are aware about the bitcoins and that make me a bit worried, as it is not getting support from the Government, bitcoin is treated as an illegal currency in my country.

Very slow. 2 - 3 places that accept bitcoin in the bigger cities. But it's a start, and everything has to start somewhere.

yes indeed in every state prohibits the use bitcoin, but one day the government must have realized that if the best currency bitcoin

Britain. I keep hearing how digital currency friendly we are yet still can barely do a single thing with it. Banks shut down everyone and everything they can so there are no proper exchanges and very few businesses.

in your country, many are using bitcoin?

To those of you who are saying that since your city only has a couple bitcoin merchants, bitcoin isn't developing quickly, I have news for you; that is a sign that it's growing quickly and many people are adopting it. A single merchant will typically need assurance that at least 10 customers (that's a very scaled-down number) will use a form of currency in order to begin accepting it. I'd say 20+ bitcoin users in a single city is pretty impressive; definitely an increase when you compare it to 3 to 5 years ago.

There are a good percentage of nodes hosted, a few companies based here and a tiny amount of retailers but no, it's nothing compared to the US. Without banking at present it has little or no utility for retail. The retailers are using Bitpay and Coinbase but I don't know how it works. I guess they have to wait longer for their money to arrive from Europe.

yes I think so, have to wait longer

Things will change in future for sure, no doubt bitcoin is not that popular in many countries, but it needs some time to grow, user adoption will make a difference, and once the adoption is higher there would be more users of bitcoins.

but in every country are very high compared bitcoin currency in each country

i am from little country, Georgia. we have 2 big size miner farm, but no shops or businesses, witch accepts bitcoins. few number of people are truing to earn bitcoins and make them popular among other. we are truing our best and hopping more and more people will be interested in BTC

whether in countries that receive no purchase bitcoin?

i dont understand you? can you explain me what you mean?

That is the problem in many countries,  I recommended to my friends and family but they didn't show any interest in it, which was very much disappointing, it gave me feeling that if I am not able to convince my family how can I convince the outsiders.

Bitcoin is not illegal in my country but its not getting any help from our government too. You can't buy anything here foe btc as there are no merchant accepting it at the moment.
But there are like 4 to 5 start-ups that are based here and you can easily exchange your btc into fiat. There are some local sites too that partners with some merchant if you want to buy using your bitcoin but the list is too narrow that you can't even choose a good bargain for your coins.

Everything is ok for Canada!.. The land of freedom!..  ;D

Lucky Guy, I have never been to Canada, Do you have physical shops that accepts bitcoins? And can you actively spend your bitcoins whenever and wherever you want? Oh man if the answer is yes then I would surely move to Canada in future.

So far here in Philippines it is rising. And there are lot of bitcoin users/earners pinoys here. I'm hoping to earn a stable income with BTC. :D ;D

In Brazil some people/stores are utilizing Bitcoin, but as 99% of population don't even know what it is, it's not so developed/cool as it is in i.e in North America.

The fact that the official currency is rotten, the cost of living and taxes are extremely high, people don't give a damn to BTC because they need fiat to eat , to pay water and electricity bills first... then, when the money is resting in your bank account, some minority spend it buying some coins or start mining (almost nobody).

Not like that good picture but we have good news ahead!.. Check this link out;

http://coinatmradar.com/city/165/bitcoin-atm-toronto/ (http://coinatmradar.com/city/165/bitcoin-atm-toronto/)

And you are absolutely right!.. We are so lucky to live the world's best country!..

My country is still a developing country, and people are not that literate especially in interiors, so it becomes difficult to explain them about bitcoins, as they have never used internet too, so expecting them to use bitcoins is a bit difficult.

Not as good as I'd like, but at least I can buy gift cards with it, accept it for my content writing, and there's the Winklevoss exchange if I ever desperately need to cash out to fiat.

Development is quite slow, there are a few exchanges which allow users to buy/sell bitcoins but the verification process is a pain the ass and it takes a lot of time. Other than that I am not aware of any companies/services directly accepting bitcoin and maybe that is because it is not yet completely legal, sort of in a grey area atm, whatever that means.

not good at all, there was a time a couple of years ago where bitcoin was becoming super popular everywhere but that was mainly because of the $1000-$1200 price of it.

currently i am glad to tell you that there is no opposition or banning against bitcoin in my country and i hope this stays the same in the future too. but the amount of awareness is still low.

There is no development of bitcoin in my country. only some people know about bitcoin, it's like 1-100 people only 1 know about bitcoin. i think bitcoin not banned in my country, because we can use it freely here.

wow, you must introduce it in your country, so that people are interested

In my country, bitcoin is still on developing stage, and it would take many years to get on the mainstream, I don't know whether it will done or not, but its good to see that people are showing their interests towards bitcoins.

Here there are Bitcoin ATM machines also some shopping sites are offering Bitcoin at checkout all in all it's pretty much accepted throughout the country.

Here the development of bitcoin is growing but slowly. We have some bitcoin ATM on the big cities, and few companies working on bitcoin ecosystem. Also one university made a course about bitcoin technology. And the number of shops accepting bitcoin is growing.

yeah, here there are some bitcoin ATM where you can only buy bitcoin but they have such big fees that almost no one uses them.

you can development of bitcoin in my  country .first very need all  people gives information what is the bitcoin and after sow the all serviceafter may be you development of bitcoin in my country .

Not sure about the whole country but around me, I think only very few people know about bitcoin, some of them came to know about it through me. Promoting it would require some capital which I don't have.

in my country,using bitcoin not like doing crime,and my goverment not ban bitcoin,just not allowed payment directly with bitcoin ;D

Are you using Google Translate or is English your second language?.. I didn't understand what did you say?..  :-\

Where are you from?..

In where I live, bitcoin is okay, but I don't know if government care about its presence..no ban or any threat...  :)

I travel a lot with work, and most of the time to developing countries. The adoption rate is very low due to poor internet infrastructure. In many countries you will not find a single Bitcoin ATM and then you walk around in North America and you find several in a single city.

A lot of developing countries use Bitcoin extensively for remittance, but they have no merchant network accepting Bitcoin payment. Coinbase should expand their Shift card to these countries, to stimulate trade in Bitcoin.

In my country, bitcoins are known by a very small percentage of people. There is one exchange for bitcoins and recently, the central bank issued an official notice that bitcoins are not recognized in the country. It cited cases of money laundering and financing of terrorism and therefore warned people not to use bitcoins.

In one of my countries, is really slow (Iran) and the progress is slow as well (only few merchants knew it and use it so far) but on my other country (Philippines) It's more known to merchants and it's developing in a good steady pace so far plus there are some BTCitcoin ATM machines as well so their not that behind (overall).

I don't think Coinbase will make the card available for foreigners, it is going to be for US citizens only and it seems not even all the states can operate with it yet.

Right now it's normal. It's not better or worse then other countries. Like many other countries the governement is waiting how the markets will react.
Embed bitcoin or keep blocking it.

Slow and Steady wins the race, same is the case of bitcoin in my country, it is getting popular day by day, and people are adopting bitcoins at a moment but not at a high pace, but its good to see that people are showing their interest in bitcoins.

nobody knows about bitcoin in my country, it is because it is a developing country. i am the only one that is spreading word.

at least they have not banned or put any kind of rule for using bitcoin. not yet anyways.

very good,so many store accept bitcoin,online shop or real store are welcoming to accept bitcoin,so glad to life here,i dont think i will leave bitcoin for some reason,i love this.

That's good to hear, that your country is actively involved in accepting bitcoins as a mode of payment, as in my country I still don't find a physical shop that accepts bitcoin as a mode of payment, and I believe it will take a long time to happen.

We can pay our bills using bitcoins, we can also deposit and withdraw via traditional bank deposit, online banking, ordering thru 7-11 and other financial institutions. However, the stores accepting bitcoins seems to be lacking.

Exactly and that is the scenario in majority of countries, and the issue is we are not able to spend our bitcoins physically in our country, and it is still only digital for us as we are using it only for online transaction, so lets hope that this scenario changes soon in near future.

The use of bitcoins in my country is not well established but there are some people using them. Those who use them are for purposes of trading or borrowing/Lending on peer to peer platforms

Thailand have band same too.

I think there no one knows much about bitcoins in my country so its not possible to say anything at this moment.

Indeed I think that the problem is that most of the people do not know about bitcoin, not that they do not want to use it.

If we guide them in a proper and positive way then I think the scenario can be changed, but it totally depends on them whether they want to accept it or not.

Yeah, but if they holds negative mindsets then it would be really difficult to motivate them, as we find many people who don't have faith in digital currency.

In my country, barely any available places to use bitcoin. Sure some people have heard of it but most hasn't. Used to have a few bitcoin atms but they have all closed down

It's a shame, I could be using that card here in Canada. But all these regulations keep everyone some simply moving things around and making stuff widely available. It would also allow for a bit more versatile credit/debit system for me, if I don't have the money sitting around to pay for something anyways.

that's a sad news, but it would also be an opportunity for you to restart a bitcoin business...but it won't be easy, specially if the government remarks bitcoin as illegal in where you live..

I dont know any establishment in our country that accepts bitcoin as payment like in malls or other establishment. Bt Im happy that is is convenoeint now to fund your wallet  or transfer/encash it on local banks,or other financial institution.

Sure there are prohibiting the use of bitcoin in the country

in my country. deveolopment is going little bit slow.. it is also good at least there is being some work.. new generation showing their interest in bitcoin.

Slow N Steady wins the race, and the scenario is the same in almost all countries, as many few are aware about the bitcoins, but more and more people will start using bitcoins in future.

I think bitcoin is known by many people in one of big islands in my country. we have exchanger website so we can exchange bitcoin into local fiat and we have our local forum of bitcoin, and there are some online shopping accept bitcoin.

In my country bitcoin development is going very great. I know many peoples from my country who are participating in bitcoin community, have their won bitcoin blogs, faucet sites, bitcoin facebook communities and much more. Soon expecting a bitcoin ATM in my street lol  ;D

It is our responsibility to inform our neighbors and friends about potentials of bitcoin, Importance of bitcoin, and bitcoin's role in digital world. If we work for bitcoin's promotions a little bit, then no doubt every one will start using bitcoin.

That's true but the reality is that we don't want that our friends and relatives should start earning bitcoins, and that's our human nature we want to keep it secret that we are earning bitcoins, true or not?

if I am the chairman of the World Bank, I would allow using bitcoin in all countries

LOLZ.. are you kidding me? If you would be a chairman you won't be spending time here on this forum to earn few amount of bitcoins and if you are really a chairman then you should concentrate on your job LOLZ.

I belong to India, and I can see rarely knows or heard about bitcoins, and that makes me a bit worried, as I am not sure what would be the scenario in future as we expect more and more users to start adopting bitcoins but I can hardly see it in near future in my country.

Lucky you.  In the US, where I'm at, bitcoin is alive and well.  But one state over from me, New York is being a little bitch state with legislation.  I do not claim to keep up with the legal things concerning bitcoin, however.  It's nice that the US legislatures have kind of not regulated it to death.  Yet.

it looks to me that more people are starting to notice bitcoin these days, especially since the price has been going up. i have been seeing more chatter about bitcoin these days on other forums that i visit (in my language)

I'm glad that my country is very open on anything and we have a very robust community I can easily convert my bitcoin to a local currency but there are not bitcoin atm yet here in our country but we are moving forward to the acceptance of bitcoin by the whole country in the coming years

In my country bitcoins not really popular, even in my real life not many people know about bitcoin. Only my friend in online know about bitcoin. and i heard my country also call bitcoin is illegal.

yes, it is, but I will not play on this forum again

Sounds like a pretty good plan to get fired by your superiors for allowing Bitcoin to get a widespread adoption  ;)

lol, my top, no one can fire me: p

most of us have the same situation about the popularity of bitcoin in the locality, as we all see, bitcoin news spreads first in the internet world, now, it is up to you to tell everyone about it..

wow, amazing, hope my country will be like your country. even there are many groups of bitcoin discussion, still, I didn't find any bitcoin community.

Yeah, that's true and the problem is that people are aware about bitcoins but they are not using it, and the reason is they lack knowledge of how to use bitcoins and what are the benefits of bitcoins.

Here? bad.

People heard bitcoin only because of terrorist that charge 300/400btc or he'll bomb a mall.

It's still a long way to go....

Yeah, its still a long way to go, even in my country very few people have heard about bitcoins, and makes me bit worried as I don't know whether they would start using bitcoins or not.

in Indonesia the incident

I have no problem with bit coins in USA but only problem is that is not very well known by large number of people as it should have been acknowledged for its benefits. other than that every thing is fine with bit coins so far here.

In my country no so many people know about bitcoin, or use it.
It's difficult to find even local merchants where we can spend our bitcoins.
Just recently we got first Bitcoin ATM and some media shared news about bitcoin so hopefully this will help spread info about bitcoin.
Most local people are very skeptic about bitcoin but I hope this will change soon.

People in my country started using bitcoin since then, when i first learned about bitcoin there are already services and merchants in our country that accepts bitcoin.
I tried some o their services, i don't rely to them though but yes. They're great. Just hope bitcoin is staying for good.

hopefully more advanced use of bitcoin in your country

Most of the People are unaware what Bitcoin is. They would have not heard its name even. Though it is not illegal here, it is not in widespread use.

That is common.. the best way is just to tell them what it is, or better yet, purchase something on the internet without going to the bank on paying it and wait til it arrive, if they were amazed, for sure one day, you will catch their attention...  :)

I tried to spread its awareness by telling it to my friends. Some of my friends played "Hacker Experience" , a game in which users could steal others Bitcoins if they got their public key.

honestly, i dont know hows the development of bitcoin in my country.
but ill try to know about it. and i hope in fact is my country develop bitcoin in a good way  ;D

It is very bad for me. It has been years since the last shop that accepted Bitcoin was built. I hope more shops in my country start accepting Bitcoin.

what country ?

Well you can also approach shops and ask them to accept it.
We all have to contribute if we want to make a success out of bitcoin . Try to contact merchants online and offline. Set up a local community etc. etc.
In my country there are some shops that accept bitcoin and i try to visit them as much as i can t make a purchase. To keep it warm.

a moment all of the country would accept bitcoin as a valid transaction

The development of bitcoin is matter or developers and have nothing to do with the countries or one country. Even the developers are not all capable to do it. So better to tell how is going the spread or the known of bitcoin in your country. In my country the knowledge must be very few (cannot know for sure because is not mentioned nothing never publicly about it). My friends and my co workers feels bothered from my continues discussions about it and the technology used to create it as well as even all the other digital products born from the same technology. As for banning don't think that it will be. In my country normally is made that which is made at USA and if USA regulated it for sure even here will be regulated. With big probabilities using the same rules like there.

in my country there's very few developments in terms of bitcoin.
I has been growing for some time now and we can even find some shops and hotels that already accept bitcoin.
other than that there is not much going on

My country development in bitcoin is really slow, more than half of the citizens dont know what is bitcoin and the government also doesnt really pay attention to bitcoin, so there are no shop accept bitcoin here, no atm for bitcoin

Some dude posted about how Bitcoin is seen in Ireland (in their parliament):

'All fine, but what about Ireland? There is no official report on Bitcoin as things stand, but on the 10th December, 2013 Stephen Donnelly, TD directly asked the Minister of Finance, Michael Noonan, about the status of cryptocurrencies. Donnelly inquired about issues around legal tender status and tax evasion. What we learned is that the Central Bank is not in the business of regulating (specifically) Bitcoin and that cryptocurrencies are not legal tender. The specific term used is virtual currencies and so this falls in line with European Union thoughts on the matter. Further, Noonan stressed that, ‘because Bitcoin is a combination of some factors that constitute a commodity and some that constitute a currency, the implications for taxation are varied.’ The specific import of this is that if one is receiving Bitcoins as payment then the same rules as any ‘foreign currency’ apply. The implications for businesses accepting Bitcoin are clear in relation to gains. The response draws heavily on the EU VAT directive on Bitcoin that ‘VAT is generally chargeable on the total consideration for goods and services, including all taxes, commissions, costs and charges…’ There is a brief mention to the potential use of Bitcoin as a means of non-compliance, but this is considered to be quite low for the moment.

However, this is not the only times Bitcoin has emerge as a topic in Seanad or the Dáil. Cáit Keane in the Seanad stressed that ‘Ireland is a high-tech country. It must recognise Bitcoin, use it if there are benefits to doing so and, if possible, regulate it.’ In turn Senator Ivana Bacik has noted, ‘She [Keane] also raised the issue of Bitcoin and the new developments in the US.’ However, this is about as far as the debate ever went. Sometimes Bitcoin gets associated with the dark web. However, there are some misunderstandings about what occurs on the dark web as when Senator Aideen Hayden seemed to think Silk Road allowed child pornography (important as an distinction because an alleged member of the Silk Road team is up for extradition here soon). Broadly, however, the government seems content to allow the regulatory bodies to both take a cautious, long-term approach to the matter as well as being willing to take into account European Union advice.'

http://irishtechnews.net/ITN3/what-is-bitcoin-and-how-might-it-be-regulated/