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Author Topic: Do America and England follow bitcoin?  (Read 4203 times)
20kevin20
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January 23, 2017, 02:33:57 AM
 #21

Yes,both of countries that you have mentioned above known as a strong state for bitcoin.Bitcoin activities such of this state and maintain fully legal ways also Its concerned that while not only US-based exchanges are regulated but also so more service are operated,most of shops accepted bitcoin as a payment system.
yes that is a fact that the users of bitcoin are available in England and America, i think you will find the users of bitcoin everywhere i the world. people have now started bitcoin as currency.

I'm pretty sure a big part of this forum itself is from Europe and other continents. Bitcoin is worldwide but it still doesn't have the needed popularity to go big. It cannot go from millions to billions in a short time without a shocking thing happening (imagine the price going up to $100.000) or mass advertisement worldwide which means a lot of money. The downside to this is that the more people are going to use it, the more governments will try to do against it.
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January 23, 2017, 02:39:57 AM
 #22

It is said that strong states in cyberspace such as the USA and England are following the bitcoin. Is this true?

Both are very big countries in all fields even they are accepting bitcoin in their countries as a option to pay in some outlets but the thing is suppose if people are willing to pay with bitcoin they need to pay taxes for their usage, really this is very good because so in this way bitcoin will become more popular.

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January 23, 2017, 06:12:10 AM
 #23

i think people from america and england follow bitcoin although its not all of the people and there is no regulations for bitcoin until now. but as the big country, i am sure that people from america and england giving their support for bitcoin by using bitcoin itself.

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January 23, 2017, 06:22:32 AM
 #24

i say yes if america and england folow bitcoin,  i have a friend from america and he know about bitcoin and use it even he invest on a site who accepted bitcoin
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January 23, 2017, 06:28:26 AM
 #25

i say yes if america and england folow bitcoin,  i have a friend from america and he know about bitcoin and use it even he invest on a site who accepted bitcoin


Even i know some my friend who live in America and England are eventually following bitcoin because my friend are into a part of bitcoin trading, the money they are making through bitcoin they are paying taxes for it. As long as they are paying on what they are earning through bitcoin they are safe.
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January 23, 2017, 07:15:24 AM
 #26

I don't know for a fact if both nations are following but they should and I wouldn't be surprised if they are because of the potential the entire blockchain technology seeks to present to the world and the fear that China has more stake in the network control of bitcoins than the rest of the world.
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January 23, 2017, 07:19:59 AM
 #27

Strong countries seeing a strong future in bitcoin. Why the hell not?
They will of course, knowing they could create more money with it so why not enter it also. US is one of those who are trying hard to scatter the definition of bitcoin and what it does. Look at youtube it is all them that are creating videos to enlighten human beings.

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January 23, 2017, 07:25:52 AM
 #28

It is said that strong states in cyberspace such as the USA and England are following the bitcoin. Is this true?

And to think that people asked if there's enough idiots in the world who would order miners from BFL back in the day or invest in StakeMiners today.  Roll Eyes
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January 23, 2017, 07:27:38 AM
 #29

I can't say of England in Bitcoin space, have not seen anything indicating BTC influence in England, but I know Bitcoin has real and strong followers in States. It will be good for BTC to have strong followers in these countries.
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January 23, 2017, 07:37:35 AM
 #30



can people stop thinking china is a power house

-snip-
I agree with your reasoning that China might not be as great as many would thing. But despite all your calculations it is Chinese traders who dictate the price.
AFAIK every major pump which brought price of BTC above $1000 threshold (in late 2013 and in December 2016) was originated and sustained by Chinese traders.
It is still safe to assume that China is behind the price of BTC, and price is the most crucial factor here - no one will tell me otherwise.
true , it was concerned to see there is some people can (actually) control the market ,
chinese are so dangerous nowadays in any field ,
imho they are really great in developing bitcoin especially if talking about manipulating the price ,
well we have different way to support bitcoin by the way .
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January 23, 2017, 08:34:32 AM
 #31

Yes, I think America and England accepts
bitcoin and also China. Many country accepts
bitcoin and one of those countries is this three
large countries.
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January 23, 2017, 09:10:22 AM
 #32

It is said that strong states in cyberspace such as the USA and England are following the bitcoin. Is this true?

As far as I know, yes there are lot of bitcoin users over in US, also there are other merchants too that accepted bitcoin. It may not all there citizens are bitcoin users but perhaps, they build big bitcoin community anyhow.
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January 23, 2017, 09:32:33 AM
 #33

I can't say of England in Bitcoin space, have not seen anything indicating BTC influence in England, but I know Bitcoin has real and strong followers in States. It will be good for BTC to have strong followers in these countries.
This is so, England is one of the first countries that have started to actively explore blockchain technology, but that it relied on bitcoin, or had a lot of followers of this can not be heard. After Brexit very little news from the UK for this area.
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January 23, 2017, 10:14:22 AM
 #34

Several Americans were found of using bitcoin actively than the people residing in UK. In America people accepted and has got lots of acceptance for bitcoin in physical stores. UK as a Country which accepts bitcoin got decreased when several crisis took place dear its growing level.

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January 23, 2017, 10:44:31 AM
 #35

I live in the UK and whilst we may be a power house when it comes to bitcoin, it is still a fringe technology which the average person has either never heard of or knows very little about.  Undecided

Abit concerned about what franky says regarding African countries not being able to use bitcoin due to TX fees, to day i went to sweep a paper wallet and was shocked that it was costing 0.84 pence compared to 0.08p 2 months ago.  so i can understand their predicament.  

yep
4pence UK is an hours labour in Cuba.
84pence UK is 21 hours labour in Cuba.

so while bigname developers in america pretend that while getting $1m a year from blockstream $480 an hour. they have lost sight that $0.75 is alot. they see it as less than 1second of labour.
so while volunteer in america pretend that while getting $7.50 a hour from their day jobs. they have lost sight that $0.75 is alot. they see it as less than 6 minutes of labour. they even down play it that bitcoin is 'normally' 8cents which is about 30seconds of labour.

they cant see the big international picture

This is a perfect example, I have thought nobody cares about adoption in poor countries. In my country is like 1 hour yeah not a "big deal" for almost every 1st world country.
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January 23, 2017, 10:55:56 AM
 #36

as iam from asia i don't know much about the europe but know that there are some shops in america and england which accept bitcoin and there are many online shops which accept bitcoin.... i had never purchased any thing using bitcoin but iam sure that the people of europe follow bitcoin much more than us........
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January 23, 2017, 10:56:38 AM
 #37

First a minor point for the OP - England is not a "state", it is a country within the United Kingdom. It was never a full member of the EU, where countries are considered "states". We are now leaving the EU.

To address the original question. I am in England, and I have made several attempts to accept Bitcoin as payment for various sales. So far I have had virtually no success. I can transfer Sterling immediately via my bank's on-line service, and there is no charge for this. This makes it difficult for Bitcoin to compete. I have tried to sell domain names for Bitcoin, but so far, buyers have preferred to pay in dollars. I will probably set up a crypto-currency only sales site for domain names in the near future.

I am keen to explore the possibility of using multiple signatures with Bitcoin transactions to provide an escrow function.

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January 23, 2017, 11:36:57 AM
 #38

It is said that strong states in cyberspace such as the USA and England are following the bitcoin. Is this true?

Yes that is true. America and England cannot just let bitcoin opportunity aside. They are one of the highly developed countries in the world and they are very interested in blockchain technology. They have seen the value and the market in this kind of business and it is another income opportunity for them. But not only America and England but other countries in the world too.
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January 23, 2017, 03:51:46 PM
 #39

I move a lot between the UK and Africa and I can tell you there is a huge difference between the two. You will be hard pressed to find any ATM's for

Bitcoin in many of the bigger towns in Africa, but you will find loads in the UK. I travel through some rural areas in Africa too, and you will not find

anyone that even heard about Bitcoin. {M-Pesa is quite common} Africa is a massively huge untapped market for Bitcoin, but everyone is simply

concentrating on 1st world countries.  Huh

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January 23, 2017, 05:46:45 PM
 #40

I move a lot between the UK and Africa and I can tell you there is a huge difference between the two. You will be hard pressed to find any ATM's for

Bitcoin in many of the bigger towns in Africa, but you will find loads in the UK. I travel through some rural areas in Africa too, and you will not find

anyone that even heard about Bitcoin. {M-Pesa is quite common} Africa is a massively huge untapped market for Bitcoin, but everyone is simply

concentrating on 1st world countries.  Huh

I guess this is the difference between developed country and developing country.  Developed country are faster to adopt technology than the developing country.  Not only in africa , there is seldom a bitcoin ATM here in Philippines, I only known one in Makati City but  I do not know if it is still functional till now.

As what franky1 said, America and England/Europe are powerhouse of Bitcoin adoption.

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