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Author Topic: 10 years and no country has approved Bitcoin ??  (Read 1697 times)
trader34
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April 01, 2018, 01:22:54 PM
Last edit: April 04, 2018, 03:39:45 PM by trader34
 #261

No country will never accept bitcoin as a legal currency... it can be accepted and "tolerate" as a means of exchange, like it has been regulated already in some countries (Japan for example).
andrei214
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April 01, 2018, 01:28:07 PM
 #262

Bitcoin was launched in 2007. It's 10 years and still no country has approved Bitcoin ??   Huh

and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"
It can be a problem if their are still many countries who doesnt approved and trust bitcoin.But if we still continue to increase the popularity of bitcoin to other countries, just maybe we could still do something to add more bitcoin friendly countries.

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April 01, 2018, 01:31:25 PM
 #263

I know that Germany and Japan approved bitkines, and other countries think how to regulate it and only China has banned
sk700
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April 01, 2018, 01:31:52 PM
 #264

Bitcoin was launched in 2007. It's 10 years and still no country has approved Bitcoin ??   Huh

and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"
bitcoin passing its journey by 10 years but only some developed and some developing countries accept bitcoin as legally. but many country using bitcoin illegally.
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April 01, 2018, 01:36:15 PM
 #265

I know that Germany and Japan approved bitkines, and other countries think how to regulate it and only China has banned
yes  sir very much effective information that china banned bitcoin rather there people using bitcoin since now.Germany, Ireland, United state of American, japan,and Netherland directly accept bitcoin.
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April 01, 2018, 01:39:32 PM
 #266

Bitcoin was launched in 2007. It's 10 years and still no country has approved Bitcoin ??   Huh



Many countries have not even denied about allowing bitcoins. Most of the countries are just silent about bitcoins and the fact is that they cannot control is all. Any sensible leader will not oppose something that is being used by the people of his country to earn good money. It is actually a boon for developing countries.

and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"

I respect this person but he might have his own reasons to say this. He is involved with stocks and shares and thus it makes sense for hi to oppose anything that stands as competition to these.
First77 (OP)
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April 01, 2018, 01:44:17 PM
 #267

There are 831 billionaires/super-rich people in China. Bitcoin is banned in china. What is the future of Bitcoin and cryptocurrencies ??
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April 01, 2018, 01:49:33 PM
 #268

The Japanese government is making every effort to make bitcoin the national currency.

I doubt that. They are using Bitcoin but I doubt that they will make it a national currency since Bitcoin is a decentralized digital currency, it will be a great mistake they will be doing.

Bitcoin is a volatile currency and with a lot of other people from other country, if they unite they can manipulate the price of Bitcoin that will affect the economy of their country if Japan really do that.

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April 01, 2018, 01:55:06 PM
 #269

Legalizing of bitcoin is very hard to implement because a lot of things we need to do or they.
Especially for the countries lawmakers. Because they also need to thrash out what bitcoins all about then they also need to amend for the legalization of btc after that they also need to discuss and explain to all the citizens of it.
So I'm still hoping that someday bitcoin will be freely use all over the world.
thenameisjay
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April 01, 2018, 01:58:24 PM
 #270

Bitcoin was launched in 2007. It's 10 years and still no country has approved Bitcoin ??   Huh

and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"

Japan has fully integrated bitcoins to their financial system, for your information. So it has been approved in Japan for a long time ago. There are plenty of developing countries aiming to have bitcoins and other cryptocurrencies to be their means for trading and bartering for food.

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Mumbeeptind1963
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April 01, 2018, 01:59:55 PM
 #271

Are you sure no country has approved Bitcoin? Many countries have accepted bitcoin and stayed positive on cryptocurrency. They have been using bitcoin in business transaction such as paying taxes, booking flights and ATMs. Bitcoin cannot please all people.. Its natural..

Even if the 2nd richest man have those words for bitcoin, the existence of bitcoin still depends on the people that believes in it..


That could be devastating if it will happen. It's just like bitcoin has no value at all. Having said that means you can't use bitcoin for 10 years and that's a long span of time. But I highly doubt that specially a lot of people are approved in using bitcoin and its getting popular too. Other reason is that bitcoin is internet related and our generation can't live without internet because it makes life faster and easier

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April 01, 2018, 03:38:24 PM
 #272

Give me any proof where you found that no country has approved Bitcoin?Bitcoin is a most powerful digital currency and some of the country have bitcoin atm and japan try make bitcoin the national currency. Most of the richest man said bitcoin have great future and bitcoin use for online payment platformand Last year bitcoin price was pump 1100$ to near 20000$

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April 01, 2018, 04:35:41 PM
 #273

Bitcoin is still evolving,crypto is sure to be accepted in the near future, it took a while before the Internet and other technology was approved, over time BTC and other altcoion will be accepted, warren buffet is not of this age, he does not have the voice to convince the world abotu cryptocurrency. His opinion is personal.
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April 01, 2018, 06:28:07 PM
 #274

I bought some bitcoin the other day at a reseller that runs "abuse checks" requiring identification the other day.
Still haven't received the coin (or fraction of a coin). That is how much "legalization" is worth now a days.

They have send the btc now. 21 confirmations and still not showing up at the receiving exchange..

https://blockchain.info/tx/595939d16f1f51fd22b5ee6357d5f6ae9beeb5007b8c3a5a8ec1c3682e2a98c1

Throw some "shit" and see what sticks.
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April 01, 2018, 06:36:03 PM
 #275

if you mean that the law did not recognize the crypto currency - then Yes, as far as I know in no country banks do not work with the crypto currency, which clearly suggests that they did not recognize
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April 01, 2018, 11:51:05 PM
 #276

if you mean that the law did not recognize the crypto currency - then Yes, as far as I know in no country banks do not work with the crypto currency, which clearly suggests that they did not recognize

Yes. All those big banks and central banks going after Bitcoin.
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April 02, 2018, 02:06:05 AM
 #277

There are countries approved the use of bitcoin especially in Japan, the government already recognize the bitcoin as part of their currency. As well as in the Philippines, the government gave an authority to one private company to utilize the transaction of bitcoin and they are planning to implement some rules and regulation of bitcoin. 
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April 03, 2018, 04:08:34 AM
 #278

As far as I know, the usage of Bitcoin is approved in a lot of nations around the world. And I hope that after 2-3 years from now, it will be legal in the vast majority of the world nations.

They ban it across the country and now, this ban is increasing in other countries as well. But we are still looking forward to better days, bitcoin amazingly transforms the entire world economy but still our government sleeps. There's been a discussion of bitcoin in our country, but still no better results can be seen now
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April 03, 2018, 04:18:11 AM
 #279

Japan has fully legalized Bitcoin and they are encouraging their people to use it. Yes 10 long yers and through that Bitcoin's worth and value has been proven and tested that it is really the technology for the future, it has given grerat results and has overcome a lot of issues and yet still prevail to be on top.

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April 03, 2018, 04:23:28 PM
 #280

There are countries that do not approve bitcoin, but they are knocked out of the number of countries that approve of it knowingly

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