Bitcoin Worldwide!

[Xester]

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!

True that many of the countries by now are still blind in the system of bitcoin has. Though in some countries they banned bitcoin, those countries that who banned bitcoin I think 5 years from now they will revoke their laws about it, like what China's did before in bitcoin they banned it but all of a sudden til the present time now China is one of the largest bitcoin mining farm have worldwide.

The reason why countries banned bitcoin it is not so much that they hate bitcoins but the main reason aside from money laundering it is also used in the black market. Illegal activities are rampant using bitcoin and the government thinks that to stop this problem is to ban bitcoin in their country. China on the other hand though they experience tax evasions and money laundering using bitcoin they have found ways how to stop it and continue to do bitcoin business.

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[coynedterm]

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 don't think that there are any countries which which don't know about bitcoin , but still there are some countries which do not accept bitcoin , these are those countries who banned the bitcoin payment in their country and declare as bitcoin is illegal , the recent example for such countries is Russia .
I didn't forget even at this current this , that when Russia banned bitcoin then the price goes very down and resulted into my loss of bitcoin price of about 30$ .
Well the bitcoin is really have the feature of more secure than bank , so probably its future is much bright then bank money .

[KennyR]

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!

True that many of the countries by now are still blind in the system of bitcoin has. Though in some countries they banned bitcoin, those countries that who banned bitcoin I think 5 years from now they will revoke their laws about it, like what China's did before in bitcoin they banned it but all of a sudden til the present time now China is one of the largest bitcoin mining farm have worldwide.

Several bitcoin enthusiasts who have been good in market movements have predicted bitcoin to be the technology which is gonna change the world for the better. Also several people here hesitate just because it fluctuates. Several bitcoin giants have put forth statements that the first to come in bitcoin will be the first to be successful.

[Victorycoin]

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!

True that many of the countries by now are still blind in the system of bitcoin has. Though in some countries they banned bitcoin, those countries that who banned bitcoin I think 5 years from now they will revoke their laws about it, like what China's did before in bitcoin they banned it but all of a sudden til the present time now China is one of the largest bitcoin mining farm have worldwide.

The reason why countries banned bitcoin it is not so much that they hate bitcoins but the main reason aside from money laundering it is also used in the black market. Illegal activities are rampant using bitcoin and the government thinks that to stop this problem is to ban bitcoin in their country. China on the other hand though they experience tax evasions and money laundering using bitcoin they have found ways how to stop it and continue to do bitcoin business.

That is exactly what the governments wants you to believe - Bitcoin is used for this and that illegal activities and yes, it is, which of the currencies or monetary instruments have never been used for illegal activities? In the case of Bitcoin, the governments are simply clueless what to do with it, because they never saw it coming. So blackmail it became a choice, but the truth be told, the governments are truly scared, Bitcoin is going to undo their local currencies and by extension their powers - nothing short of that!

Imagine for a moment when it is not possible to know the net worth of people you are supposedly ruling or what projects they are channeling their funds to, that is their nightmare and it is a pity they can't help it, because Bitcoin is already revolution.

[sportis]

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 don't think that there are any countries which which don't know about bitcoin , but still there are some countries which do not accept bitcoin , these are those countries who banned the bitcoin payment in their country and declare as bitcoin is illegal , the recent example for such countries is Russia .
I didn't forget even at this current this , that when Russia banned bitcoin then the price goes very down and resulted into my loss of bitcoin price of about 30$ .
Well the bitcoin is really have the feature of more secure than bank , so probably its future is much bright then bank money .

Yes but as Needham & Company LLC a subsidiary of  Needham Group said, banning of bitcoin not only has the completely opposite results from these were intended  but the interest of bitcoin was skyrocketed https://news.bitcoin.com/needham-banning-not-prevent-bitcoin-adoption/. Besides that, as concerns nowadays the attitude of Russia the deputy minister of finance said that he doesn't feel bitcoin is dangerous towards Russian financial system and put all of the ban bitcoin and other cryptos efforts on hold https://www.cryptocoinsnews.com/the-russian-bitcoin-ban-is-on-indefinite-hold/

[Dudeperfect]

many countries are still not receiving bitcoin today. but behind it there must be people using bitcoin. I'm sure people in those countries have used the bitcoin routine. bitcoin has been known by the public at this time, we must continue and develop bitcoin for the better.

It's the matter of connectivity. A majority of the citizens in such countries are still below the poverty line so as of now, bitcoin is far away from them. I think it will take some time for bitcoin or any cryptocurrency to build user base in such countries but just like the spread of mobile phone, bitcoin will gain popularity over the time.

[audaciousbeing]

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!

Currently, there is no country that has recognized bitcoin as a legal tender but in the USA there have been some pronouncements in court cases about recognising it as a currency but that does not necessarily means money. Also recently Israel agree to recognise it as property among other specifics to individual countries but that does means its not accepted as we have so many exchangers that accepts and then convert to Fiat. In the future, I see more challenges coming from government because of the fact if they are unable to track the movement of bitcoin, then they will capitalise on the issue of money laundering, terrorism financing to wage a war against bitcoin.

[canhchuacaro1]

Modern countries already started to accept bitcoins, and with time that will spread on other counties as well.
But it can be restricted once the government will take some serious action about all the laws that will covered all the bitcoin thing in that country.
if bitcoin acepted in the world and this same fiat money, can buy all store offline
i think next time user bitcoin can verified about identity and more in very dificult user bitcoin

[erickkyut]

Modern countries already started to accept bitcoins, and with time that will spread on other counties as well.
But it can be restricted once the government will take some serious action about all the laws that will covered all the bitcoin thing in that country.
if bitcoin acepted in the world and this same fiat money, can buy all store offline
i think next time user bitcoin can verified about identity and more in very dificult user bitcoin

I agree that once bitcoin can be restricted by the government, the verification of identity when creating bitcoin wallet will be more difficult than to what we have today but for the government to have a laws that restricting bitcoins, I thing it will take more years because as we all know, making laws is not that easy because there are many reviews and senate hearing that it needs to undergo before being announced in the public.

[ReLieD]

You might have noticed that bitcoin is slowed getting accepted !
Like Starbucks , it is a very big company/ industry and it accepting bitcoin
is a very good thing for bitcoin.
Even Steam has started accepting bitcoin .
All these things show that bitcoin has a bright future.
Slowly MCD , KFC and many more will start accepting Bitcoin.

[bestluck]

You might have noticed that bitcoin is slowed getting accepted !
Like Starbucks , it is a very big company/ industry and it accepting bitcoin
is a very good thing for bitcoin.
Even Steam has started accepting bitcoin .
All these things show that bitcoin has a bright future.
Slowly MCD , KFC and many more will start accepting Bitcoin.

With the current acceptance I do not think that the adoption is slow as the companies you have mentioned will convince much more companies to adopt bitcoin I am sure that till the coming 5 years bitcoin will be on more than half of the world.

[danherbias07]

You might have noticed that bitcoin is slowed getting accepted !
Like Starbucks , it is a very big company/ industry and it accepting bitcoin
is a very good thing for bitcoin.
Even Steam has started accepting bitcoin .
All these things show that bitcoin has a bright future.
Slowly MCD , KFC and many more will start accepting Bitcoin.

With the current acceptance I do not think that the adoption is slow as the companies you have mentioned will convince much more companies to adopt bitcoin I am sure that till the coming 5 years bitcoin will be on more than half of the world.

Although we are doing it slowly this are really big steps into becoming one of the best online currencies. Well, we cant deny it, this world is getting better with technologies. Almost 90 percent of people do have a smartphone which could easily access the internet. KFC is a worldwide fastfood so it would really spread so fast with this adoption.

[webtricks]

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!

No matter whether countries ban Bitcoin or not. It can still be used from anywhere throughout world. Now coming to future of Bitcoin. 5 years is short for any project but at least not for Bitcoin. It will be absurd if I make any assumption regarding price but still I can make following assumption-
1. Bitcoin use will raise 20x times or even more.
2. Price will rock, obviously.
3. China continue to Reign its supply. India will also become new superpower in Bitcoin's supply.
4. Many potential countries will emerge with use of Bitcoin and Bitcoin will be trading in these countries on premium 10-20% more than global price like China and India at the moment.

[mrjoy15]

As we know Bitcoin is the digital currencies but there have many countries you must be found some are banned bitcoin and others could not find the legal status of bitcoin still undefined.Bitcoin is the direct treads most of countries central bank.Obvious next five years bitcoin will a strong position cause nowadays,popularity of bitcoin is upper mood.

[burner2014]

There are countries that does not accept bitcoin, because we all know that bitcoin transaction is anonymous so some countries were afraid that it can use for illegal purpose and that other countries have a problem with the fact theat the currency is not based of a traditional laws regarding regulation of currency and can result to global financial systems.

[Mr.grin]

Well, bitcoin is suitable for use in all countries, although at this time there are still some countries that do not use bitcoin. but, I feel this bitcoin development happens very quickly, so it would make a lot of ideas from entrepreneurs to develop bitcoin until finally accepted worldwide. I think in the near future, bitcoin transaction will be known by the whole world, and it makes for always used

[soul-impact]

You might have noticed that bitcoin is slowed getting accepted !
Like Starbucks , it is a very big company/ industry and it accepting bitcoin
is a very good thing for bitcoin.
Even Steam has started accepting bitcoin .
All these things show that bitcoin has a bright future.
Slowly MCD , KFC and many more will start accepting Bitcoin.

With the current acceptance I do not think that the adoption is slow as the companies you have mentioned will convince much more companies to adopt bitcoin I am sure that till the coming 5 years bitcoin will be on more than half of the world.

Although we are doing it slowly this are really big steps into becoming one of the best online currencies. Well, we cant deny it, this world is getting better with technologies. Almost 90 percent of people do have a smartphone which could easily access the internet. KFC is a worldwide fastfood so it would really spread so fast with this adoption.

WTF are you insane? 90% of people are using smartphone? Where do you get these data? Is it from your ass your from your mama mouth? Currently, I am using a old-fashion nokia phone and there are more than 40% of the people in my country does not have smartphone to use.