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Author Topic: Bitcoin Worldwide!  (Read 16636 times)
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August 09, 2016, 01:45:15 PM
 #101

Russia banned Bitcoin, North Korea banned internet, so it kind of makes using Bitcoin impossible there. Even if you could use Bitcoin there, Bitcoin would not spread enough to be a worldwide currency in just 5 years. Sure, we will have many users in almost every country, but it wont be accepted by goverment and probably so.e people wont accept it out of lack of knowledge.
First of all don't talk about North Korea like it is just another contry, because it is not. North Korea is Kim's playground and every citizen of NK is his toy.

Bitcoin is not banned in Russia.They tried to do it in the past, and it made bitcoin even more popular that before. Also I doubt they'd be able to enforce bitcoin ban anyway.


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August 09, 2016, 02:07:39 PM
 #102

Russia banned Bitcoin, North Korea banned internet, so it kind of makes using Bitcoin impossible there. Even if you could use Bitcoin there, Bitcoin would not spread enough to be a worldwide currency in just 5 years. Sure, we will have many users in almost every country, but it wont be accepted by goverment and probably so.e people wont accept it out of lack of knowledge.
First of all don't talk about North Korea like it is just another contry, because it is not. North Korea is Kim's playground and every citizen of NK is his toy.

Bitcoin is not banned in Russia.They tried to do it in the past, and it made bitcoin even more popular that before. Also I doubt they'd be able to enforce bitcoin ban anyway.


Even if they bann it how can they prevent people from using it? Especially russian hackers.  Wink And governement or any other agency just can't control everything.

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August 09, 2016, 02:10:29 PM
 #103

For now there are still a lot of country hasnt accepting and adopting bitcoin and some of the country even planned to ban bitcoin, but even like that i still see a great future of bitcoin where we can buy things easily in local store by scanning barcode using our android and the payment is using bitcoin


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August 09, 2016, 02:13:40 PM
 #104

Russia banned Bitcoin, North Korea banned internet, so it kind of makes using Bitcoin impossible there. Even if you could use Bitcoin there, Bitcoin would not spread enough to be a worldwide currency in just 5 years. Sure, we will have many users in almost every country, but it wont be accepted by goverment and probably so.e people wont accept it out of lack of knowledge.
First of all don't talk about North Korea like it is just another contry, because it is not. North Korea is Kim's playground and every citizen of NK is his toy.

Bitcoin is not banned in Russia.They tried to do it in the past, and it made bitcoin even more popular that before. Also I doubt they'd be able to enforce bitcoin ban anyway.


Even if they bann it how can they prevent people from using it? Especially russian hackers.  Wink And governement or any other agency just can't control everything.
In my country bitcoin is a fairy tale or some other irony word. I am one of the very few citizens of my country who knows something about it and is using it. If it goes such way than maybe that in 5 years I may be one of many to use bitcoins in my country similarly the facebook was in our country.
Mr. Big
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August 09, 2016, 02:16:43 PM
 #105

For now there are still a lot of country hasnt accepting and adopting bitcoin and some of the country even planned to ban bitcoin, but even like that i still see a great future of bitcoin where we can buy things easily in local store by scanning barcode using our android and the payment is using bitcoin

The lesser the opportunity in real life, ordinary people would always resort to online earning, this is their chance to earn, so even if the government would ban and prohibit the use of bitcoin, if they can't  provide jobs for their citizens, then ordinary people would go on online earnings... With that, I think adoption would naturally occur... Anyway, there are still places in the world that internet is not widely used...
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August 09, 2016, 02:17:58 PM
 #106

Do we have a full list of countries which banned BTC?
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August 09, 2016, 02:26:28 PM
 #107

Do we have a full list of countries which banned BTC?

you can do back - reading here brother Cheesy i think someone already put the link on this thread about those countries who banned bitcoin and those countries wherein bitcoin is highly acceptable Cheesy just search on these thread and you will find the answer to that question of yours Cheesy
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August 09, 2016, 02:27:29 PM
 #108

I believe that Bitcoin is already worldwide currency, even if some governments tried to ban it, it will be hard for them to stop their citizens from using, earning and exchange Bitcoin into fiat
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August 09, 2016, 02:39:22 PM
 #109

Are there countries that do not accept Bitcoin? I mean no idea regarding it. What do you think will happen to Bitcoin 5years from now? I'm not asking you to be a psychic to see the future. I'm asking about your idea about Bitcoin's future. TIA!
bitcoin as a currency of online, unlike the money that can be touched, have its own shortcomings as values rise and fall and advantages like global transactions which happened very quickly, even there are country not accept bitcoin still people in that country use it. The next 5 years would be more people in the world that use bitcoin and the exchange rate which is much higher.
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August 09, 2016, 02:48:41 PM
 #110

Do we have a full list of countries which banned BTC?

you can do back - reading here brother Cheesy i think someone already put the link on this thread about those countries who banned bitcoin and those countries wherein bitcoin is highly acceptable Cheesy just search on these thread and you will find the answer to that question of yours Cheesy
There aren't actually all that many countries that have out-right banned Bitcoin yet, I think a majority of them are Eastern countries and then there's Iceland I know of for sure. Most other countries are indifferent or are in favor of Bitcoin from what I know, but I don't know a whole lot so I can't say anything with 100% certainty.
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August 09, 2016, 02:51:48 PM
 #111

Are there countries that do not accept Bitcoin? I mean no idea regarding it.
What do you think will happen to Bitcoin 5years from now? I'm not asking you to be a psychic to see the future. I'm asking about your idea about Bitcoin's future. TIA!

I think no, because even tho most of the people in that country don't know what is Bitcoin. Some of them or even 1 of them must know about it, because all countries in this world certainly have access to the internet.
I think if we keep spreading what Bitcoin is to the world, 5 years later from now at least 75% of the people in the world will know about Bitcoin.

faucet used to be profitable
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August 09, 2016, 03:00:56 PM
 #112

At my opinion in 5 years bitcoin will be very popular worldwide and it's also will be legal currency somwhere, in Japan for expample, i believe on it.

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August 09, 2016, 03:52:15 PM
 #113

5 years time we could possibly be where we are now but with more bitcoin in circulation and the mining reward being smaller, I tend to lean more towards bitcoin being in a similar position to what it is now price wise but with a lot more awareness/adoption.

Your probably right, and more useable Bitcoin is what really matters. Compare Bitcoin today and price hype in 2013, Bitcoin is much more useable today, but the price is not much different from year 2013 (200-1200?). So as long as Bitcoin awareness and adoption is even better in the next years, Bitcoin can only get better no matter what price people going to exchange the Bitcoin for.
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August 09, 2016, 03:58:39 PM
 #114

Are there countries that do not accept Bitcoin? I mean no idea regarding it. What do you think will happen to Bitcoin 5years from now? I'm not asking you to be a psychic to see the future. I'm asking about your idea about Bitcoin's future. TIA!

I've heard somewhere that using bitcoin in Bangladesh in prohibited, i don't know the reason why it is so but i just heard about it and never tried to find out though.
I think after 5 years bitcoin will be more popular in more countries in the world, and it might get adopted by some bigger resources in practical world.
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August 09, 2016, 04:00:16 PM
 #115

I will say yes that in 5 years bitcoin will be a global currency and will take the world by storm.
I can not wait until this happens and will be properous in doing so. Grin
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August 09, 2016, 05:24:10 PM
 #116

Bitcoin is used worldwide , governments can't ban it because it's anonymous and also decentralized currency, and we notice that this crypto currency is growing really fast with time.
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August 09, 2016, 06:11:14 PM
 #117

Bitcoin is used worldwide , governments can't ban it because it's anonymous and also decentralized currency, and we notice that this crypto currency is growing really fast with time.

Well, as quoted the bitcoin as well other digital currencies were getting used by lots of people. Possibly as an Investment bitcoin have reached upto certain extent.

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August 09, 2016, 06:16:37 PM
 #118

Are there countries that do not accept Bitcoin? I mean no idea regarding it. What do you think will happen to Bitcoin 5years from now? I'm not asking you to be a psychic to see the future. I'm asking about your idea about Bitcoin's future. TIA!
At least it would be desirable to cryptocurrency of no criminal prosecution in some countries, as well as that for bitcoin could buy goods on the internet without any obstacles.
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August 09, 2016, 06:57:28 PM
 #119

For now there are still a lot of country hasnt accepting and adopting bitcoin and some of the country even planned to ban bitcoin, but even like that i still see a great future of bitcoin where we can buy things easily in local store by scanning barcode using our android and the payment is using bitcoin
if the states are going to banned bitcoin and they will not people allow to buy or sell bitcoin or to use it for buying selling then how can it possible that bitcoin will have a great future, i think the important thing is that we should try and should compel our government to accept bitcoin and consider it as a legal currency and only then its future can be great.
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August 09, 2016, 07:09:15 PM
 #120

   Well I don't know for any country that accept bitcoin as currency. I think bitcoin is still just for network, and there isn't  government that accepted or make some regulations about bitcoins. Just a lot of talking about it, and moving that topic for some future times.
   If bitcoin continue to be accepted by the people around the world in next five years, like it was case in last five years, everyone who didn't pay attention on bitcoin will regret. In next five years maybe price will grow also, and with that bitcoin will be more stabile probably. I think many companies will start to work with bitcoins also, and shops/stores.
   
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