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Author Topic: Bitcoin Worldwide!  (Read 16631 times)
streazight
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August 09, 2016, 07:42:05 PM
 #121

Well, my country is a little bit old-fashioned, the government doesn’t give any laws or restrictions on bitcoin but it seems to be that they don’t want us to use bitcoin. I think it’s because they want to fully control us or just simply they don’t pay attention to it.
I hope that someday they will accept bitcoin as an official currency or anything similar to bit-license to legalize bitcoin ecosystem.
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August 10, 2016, 06:36:16 AM
 #122

Well, my country is a little bit old-fashioned, the government doesn’t give any laws or restrictions on bitcoin but it seems to be that they don’t want us to use bitcoin. I think it’s because they want to fully control us or just simply they don’t pay attention to it.
I hope that someday they will accept bitcoin as an official currency or anything similar to bit-license to legalize bitcoin ecosystem.

Well, in my country i never heard even a thing about bitcoin on a news channel or in any newspaper or anywhere in real world, i think there arent a lot of people aware of bitcoin in my country and if there are some then they are very rare, so simply there is not restriction on it as it is not well-known yet.
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August 10, 2016, 07:42:46 AM
 #123

Well, my country is a little bit old-fashioned, the government doesn’t give any laws or restrictions on bitcoin but it seems to be that they don’t want us to use bitcoin. I think it’s because they want to fully control us or just simply they don’t pay attention to it.
I hope that someday they will accept bitcoin as an official currency or anything similar to bit-license to legalize bitcoin ecosystem.

Well, in my country i never heard even a thing about bitcoin on a news channel or in any newspaper or anywhere in real world, i think there arent a lot of people aware of bitcoin in my country and if there are some then they are very rare, so simply there is not restriction on it as it is not well-known yet.

Bitcoin is not yet that popular and its something that people will not think of that exist especially those that are not that techie yet. When someone introduce it to them especially a person that is famous like a celebrity, a business owner or a high rank official then maybe they will be aware of it because that is the trend of the people,when someone credible they know is using something and they know that they can earn from it then they will try to copy him/her which in effect a higher demand and a higher price.

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August 10, 2016, 08:09:41 AM
 #124

Bitcoin needs to be censored, illegal. Governments never accepted such things. Why is it a bad idea for them? It's secure, anonymous and easy to earn. There are no taxes either. They wouldn't make it legal and a currency worldwide unless they're going to find a way to censor and supervise every user that is using it.
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August 10, 2016, 08:20:41 AM
 #125

Bitcoin needs to be censored, illegal. Governments never accepted such things. Why is it a bad idea for them? It's secure, anonymous and easy to earn. There are no taxes either. They wouldn't make it legal and a currency worldwide unless they're going to find a way to censor and supervise every user that is using it.

Actually, that's not true. Here where I live we must pay tax over our Bitcoin holdings and profits. Holding Bitcoin is seen as being part of our wealth, just like you hold stocks for example. So yes, Bitcoin does get taxed.
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August 10, 2016, 08:47:53 AM
 #126

Well, my country is a little bit old-fashioned, the government doesn’t give any laws or restrictions on bitcoin but it seems to be that they don’t want us to use bitcoin. I think it’s because they want to fully control us or just simply they don’t pay attention to it.
Governament can't fully control to it's peoples. this is the world of Digital, world of world wide web. and the world of Global Village.. laws are laws but they can't snatch someone's freedom.
there are some countries where bitcoin is illegal. like Bangladesh, Vietname, bolivia ETC, but you can see a lot of peoples from these countries are member of this forum and using bitcoin anyway.

I hope that someday they will accept bitcoin as an official currency or anything similar to bit-license to legalize bitcoin ecosystem.
Sure, hope for the best. who knows what will happen in future. and if bitcoin don't get accepted as legally then it wont be a big problem. bitcoin is a tradable currency. you can anytime exchange it to Local fiat.
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August 10, 2016, 08:48:51 AM
 #127

Well one of two things will happen. Either bitcoin will be accepted around the world, the whole world, as your everyday currency or it will be taken down by unaccepting  governments or it will just be overtaken by another online currency.
erickkyut (OP)
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August 10, 2016, 08:50:08 AM
 #128

Bitcoin needs to be censored, illegal. Governments never accepted such things. Why is it a bad idea for them? It's secure, anonymous and easy to earn. There are no taxes either. They wouldn't make it legal and a currency worldwide unless they're going to find a way to censor and supervise every user that is using it.

Actually, that's not true. Here where I live we must pay tax over our Bitcoin holdings and profits. Holding Bitcoin is seen as being part of our wealth, just like you hold stocks for example. So yes, Bitcoin does get taxed.

Really? You are being taxed for holding bitcoin and aside from that, it is also counted as part of your wealth? May I know from what country you are from brother and how will your government will know if you are holding bitcoin or not? I'm just curious. TIA Wink
Schuyler
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August 10, 2016, 08:59:38 AM
 #129

Well one of two things will happen. Either bitcoin will be accepted around the world, the whole world, as your everyday currency or it will be taken down by unaccepting  governments or it will just be overtaken by another online currency.
Or it can co-exist with fiat, altcoins and all the other digital currencies that might be developed in the future. It is good to have choices, good choices that is. Bitcoin becoming a currency that's used by most everyone is still a long way to go. Even the most tech advanced countries are not that big supporters of bitcoin. How much more the less privileged and third world countries where technology isn't the priority of ordinary people.
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August 10, 2016, 09:08:15 AM
 #130

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 there are three options for Bitcoin in any country:

1. The use of it might be called illegal by the government.

2. The government might just ignore its use.

3.  The government might encourage its use.

I think all the countries of the world are going from #1 to #3, slowly but steadily.

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August 10, 2016, 09:27:15 AM
 #131

I unhappy in my country, because not more than 0,001% know about cryptocurrency especially bitcoin, maybe my goverment must legal this bitcoin for more popular
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August 10, 2016, 09:28:50 AM
 #132

I remember that Thailand banned Bitcoin during Bitcoin's early days. The removed the ban and add in a few restrictions sometime later.

I remember that Russia completely banned Bitcoin. I heard a news recently that they are lifting the ban - but still add some restrictions.

In five years time, I see a world with a lot of countries acknowledging Bitcoin but with a few restrictions here and there. Just that. Simply because Bitcoin can become the next world-first currency.

So sad! This profile does not appear as the #1 result (on anonymous) Google searches anymore.

Time to be active on the crypto forums again? Proud to be one of the few Legendary members of the Sparkie Red Dot!

Gonna put this on my resume if I ever join a cryptocurrency/blockchain industry!
Mr. Big
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August 10, 2016, 09:37:33 AM
 #133

I unhappy in my country, because not more than 0,001% know about cryptocurrency especially bitcoin, maybe my goverment must legal this bitcoin for more popular

May we know in which country do you live? As far as I know, as long as the government don't ban bitcoin, then it is not illegal, and even if bitcoin was  not legalized by the government on where you live it is still good, but I doubt it that you are only few in that country that use bitcoin, most of us don't really share exact information,.. Who knows, there are netizens here that live in where you are...  Smiley
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August 10, 2016, 10:11:13 AM
 #134

Well, my country is a little bit old-fashioned, the government doesn’t give any laws or restrictions on bitcoin but it seems to be that they don’t want us to use bitcoin. I think it’s because they want to fully control us or just simply they don’t pay attention to it.
I hope that someday they will accept bitcoin as an official currency or anything similar to bit-license to legalize bitcoin ecosystem.

I don't think that any government anywhere would legalize and/or legitimize  an online currency especially a large currency such as bitcoin. It would put too great a power into people that own bitcoin. This would also put great power into the maker of bitcoin who gave himself 1million bitcoin.
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August 10, 2016, 10:21:08 AM
 #135

In my country, I think not more 0,0001% citizens know about Bitcoin, I ever ask and survey in my facebook friends and nothing know about bitcoin
something like that in my country either, we dont have any bitcoin shops over here and i dont know anyone around who would know bitcoins
That's really unfortunate. What countries are you guys in? I'm most definite that it's a third world country since I'm confident that bitcoin is very well known in first world countries by this time.

But I would like to suggest you people not to wait anymore for somebody brings bitcoin business in your region.
Instead of waiting for other people to bring, why not you start your own bitcoin start ups. Most probably you can gain more profits if you are first for any kind of business which involves bitcoin.
One simple example : mobile recharge for bitcoins.
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August 10, 2016, 11:33:09 AM
 #136

I unhappy in my country, because not more than 0,001% know about cryptocurrency especially bitcoin, maybe my goverment must legal this bitcoin for more popular

May we know in which country do you live? As far as I know, as long as the government don't ban bitcoin, then it is not illegal, and even if bitcoin was  not legalized by the government on where you live it is still good, but I doubt it that you are only few in that country that use bitcoin, most of us don't really share exact information,.. Who knows, there are netizens here that live in where you are...  Smiley

After I read the history of the post he came from the same country as me. I doubt the percentage he gave, because I think bitcoin users in Indonesia was quite a lot. As I read the article, the only legal currency in Indonesia is RUPIAH. So I do not expect the government will legalize bitcoin. But on the other hand the government also does not prohibit bitcoin, because there are no regulations that explain it. And here using bitcoin is the responsibility of each. Because I think as long as we use bitcoin for things that are not prohibited by the country's legitimate. thank you

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August 10, 2016, 11:44:20 AM
 #137

I unhappy in my country, because not more than 0,001% know about cryptocurrency especially bitcoin, maybe my goverment must legal this bitcoin for more popular

May we know in which country do you live? As far as I know, as long as the government don't ban bitcoin, then it is not illegal, and even if bitcoin was  not legalized by the government on where you live it is still good, but I doubt it that you are only few in that country that use bitcoin, most of us don't really share exact information,.. Who knows, there are netizens here that live in where you are...  Smiley

After I read the history of the post he came from the same country as me. I doubt the percentage he gave, because I think bitcoin users in Indonesia was quite a lot. As I read the article, the only legal currency in Indonesia is RUPIAH. So I do not expect the government will legalize bitcoin. But on the other hand the government also does not prohibit bitcoin, because there are no regulations that explain it. And here using bitcoin is the responsibility of each. Because I think as long as we use bitcoin for things that are not prohibited by the country's legitimate. thank you

Indonesia is one of the most widely using bitcoin (according to my research). Indonesia is also one of the countries which did not prohibit the bitcoin and everyone using bitcoin must bear all that will occur (loss, theft, etc) and the Government will not be responsible for it all. This is a good thing but also not profitable if negative things entered into our lives
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August 10, 2016, 12:20:31 PM
 #138

I unhappy in my country, because not more than 0,001% know about cryptocurrency especially bitcoin, maybe my goverment must legal this bitcoin for more popular
There is also few users in our country but government doesnt prohibited using it. i think 5 years from now, in our place bitcoin will be recognize by more people and it will be use as currency for many stores online well its too good to be true but i'd like to believe thats possible.

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August 10, 2016, 12:26:37 PM
 #139

I unhappy in my country, because not more than 0,001% know about cryptocurrency especially bitcoin, maybe my goverment must legal this bitcoin for more popular
There is also few users in our country but government doesnt prohibited using it. i think 5 years from now, in our place bitcoin will be recognize by more people and it will be use as currency for many stores online well its too good to be true but i'd like to believe thats possible.

Yeah we need to wait at least for next 5 years to see the potential and popularity of bitcoin as by that time it will reach to almost every corner of the world.
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August 10, 2016, 12:31:26 PM
 #140

I unhappy in my country, because not more than 0,001% know about cryptocurrency especially bitcoin, maybe my goverment must legal this bitcoin for more popular

May we know in which country do you live? As far as I know, as long as the government don't ban bitcoin, then it is not illegal, and even if bitcoin was  not legalized by the government on where you live it is still good, but I doubt it that you are only few in that country that use bitcoin, most of us don't really share exact information,.. Who knows, there are netizens here that live in where you are...  Smiley

After I read the history of the post he came from the same country as me. I doubt the percentage he gave, because I think bitcoin users in Indonesia was quite a lot. As I read the article, the only legal currency in Indonesia is RUPIAH. So I do not expect the government will legalize bitcoin. But on the other hand the government also does not prohibit bitcoin, because there are no regulations that explain it. And here using bitcoin is the responsibility of each. Because I think as long as we use bitcoin for things that are not prohibited by the country's legitimate. thank you

Oh, I see, you are in the same country,  So probably that is just his speculation about bitcoin... But anyway, when I was still gambling, I saw some Indonesian on that gambling site...

Actually our countries almost have the same stand, in where I live too, bitcoin is not illegal and not yet legal, though I've read and there are rumors that the government is planning to monitor it after the Bangladesh bank heist..  Smiley
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