10 years and no country has approved Bitcoin ??

[First77]

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

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

[emerejames]

The legal status of bitcoin varies substantially from country to country and is still undefined in many of them. Whereas the majority of countries do not make the usage of bitcoin itself illegal, its status as money varies, with differing regulatory implications. While some countries have explicitly allowed its use and trade, others have banned or restricted it. So Bitcoin is still undergoing some development, and I believe that very soon some country will approve it

[nazaididuan1]

In Japan bitcoin is legal, and the government encourages people to use BTC.

Israel's tax authorities have defined the BTC as an asset and start levying taxes!

This shows that BTC is legal, and BTC is full of opportunities in 2018!

[avikz]

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

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

Are you sure? No country has approved/legalized it? Think about Japan who are one of the most progressive nations of the world, has already legalized crypto currency. You can now pay tax using bitcoin in Arizona, USA. Even European union didn't say no to Cryptocurrency, they are indeed maintaining a positive stance towards Cryptocurrency. The latest addition to this list is Israel who had legalized Cryptocurrency and imposed 15-25% tax rate very recently.

There are countries like Canada who are strictly against ICOs but generally positive about cryptos. India neither banned it nor legalized it, they have taken the midway. So majority of the countries are not negative about bitcoin.

Israel is the first county to adopt Cryptocurrency in 2018 and I am sure a lot of other countries will join the party this year.

[buwaytress]

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

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

Bitcoin does not need approval from any country. It does not need Warren Buffet's approval. That is perhaps one of the most overlooked aspects of Bitcoin. It specifically sought to make approval redundant. You never need to trust anyone or any country to use Bitcoin. It never seeks to force itself on anyone. Using it has always been and continues to be voluntary.

Are you sure? No country has approved/legalized it? Think about Japan who are one of the most progressive nations of the world, has already legalized crypto currency. You can now pay tax using bitcoin in Arizona, USA. Even European union didn't say no to Cryptocurrency, they are indeed maintaining a positive stance towards Cryptocurrency. The latest addition to this list is Israel who had legalized Cryptocurrency and imposed 15-25% tax rate very recently.

There are countries like Canada who are strictly against ICOs but generally positive about cryptos. India neither banned it nor legalized it, they have taken the midway. So majority of the countries are not negative about bitcoin.

Israel is the first county to adopt Cryptocurrency in 2018 and I am sure a lot of other countries will join the party this year.

Add Switzerland to the list of authorities (at least in some municipals) who've begun accepting Bitcoin as tax payments since last year. Not to mention you've always been able to buy tickets for state-run public transport there with Bitcoin.

Add Vanuatu to the list of countries who accept Bitcoin for citizenship.

I could go on, others probably will. OP has to learn to use Google at least.

[Lucius]

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

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

It is not 2007,but 2009 when first block is mined-you should read some basic facts about that History Of Bitcoin

Many countries have taken a positive attitude to BTC and cryptocurrency,and some of them are Japan,USA,Canada,Germany,Denmark,Australia and many others.You can mine&trade with cryptocurrency and pay tax without any fear of the government,BTC is become something quite normal.

We know what Mr.Buffet thinks about BTC and what he is saying for years,according to him BTC should collapse long time ago.He is already with one foot in the grave,no one should worry too much about his opinion.

[First77]

Are you sure? No country has approved/legalized it? Think about Japan who are one of the most progressive nations of the world, has already legalized crypto currency. You can now pay tax using bitcoin in Arizona, USA. Even European union didn't say no to Cryptocurrency, they are indeed maintaining a positive stance towards Cryptocurrency. The latest addition to this list is Israel who had legalized Cryptocurrency and imposed 15-25% tax rate very recently.

In 2011, I would read "Buy 1 ounce Silver. End the Fed".  Now Silver is $17/ounce.

Talks about Bitcoin closing banks and no tax, now world attention is on Bitcoin.

[Shreek]

I think the most plausible reason why the world has not received bitcoin as a means of payment transactions is because the world is not yet who to accept it, we see that block chain technology is too sophisticated and too fast, the times can not catch up. so many public who have difficulty using it.

besides bitcoin also has to face a very tough challenge, rejection, intimidation, and also media attack give bad news about bitcoin.

I do not believe in what is said by the buffet, I am more confident to the Japanese state, because japan better understand about all the world of technology than the buffet.
the buffet will only regret in his life.

[Kprawn]

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

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

I think the key question is, Why are you here? The answer might be in your signature space ->

                                                << https://www.goldbroker.com/#4391-3-#-3 >>

You are coming all the way here to smack talk Bitcoin on a Bitcoin forum to get people to buy Gold. That is absolutely

hilarious and pathetic.   .... While you are here, we might educate you a bit. Bitcoin was first released in 2009.  

We talk about Bitcoin here and for your information, Bitcoin is LEGAL in LOTS of countries. See link below :

https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

[First77]

While you are here, we might educate you a bit

Wait till December 2018 

[JCLee]

Maybe you missed the news that Japan legalized Bitcoin in their country . After 10 years when Bitcoin price has increased from under 1$ to more than 10k$, people are becoming pay attention to Bitcoin cause of the high price and it's an easy way to earn money. But to legalize Bitcoin it's not easy as you guys think, there are a lot of problems need to be solved before Bitcoin legalized in any country.

[Xzhyte]

Don't worry mate, It's just February of the current year. There's still a long before the year ends and there's a lot more things that may happen to bitcoins. Let's just hope that all of those were good things.

[sirkings0003]

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

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

There may not be any official approval for bitcoin or cryptocurrency, but I have seen unofficial approvals for bitcoin operations.

I think maybe because of the bad and unethical dealings associated with bitcoin, no country has the courage to say, cryptocurrency deals are approved in their country.

One country recently announced their oil backed cryptocurrency, this is one of the unofficial approvals of cryptocurrency

[First77]

There may not be any official approval for bitcoin or cryptocurrency, but I have seen unofficial approvals for bitcoin operations. I think maybe because of the bad and unethical dealings associated with bitcoin, no country has the courage to say, cryptocurrency deals are approved in their country.

That's what I am saying.

Only a fool will buy Bitcoin at $2000 when Gold is $1350/ounce.

[matthewtherry]

It was a though beginning for bitcoin. It had to develop more to be known by people and countries. I think the future is promising and it will be great

[VitKoyn]

Bitcoin was launched in 2007. It's 10 years and still no country has approved Bitcoin ??   
and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"

It was 2009 when Bitcoin started not 2007, how sure are you that there are no countries that already approved or legalized Bitcoin? Japan already made Bitcoin a legal currency and it is now used to purchase goods in stores, they even let companies to pay their employees with Bitcoin. Some countries may not be like how japan adopted it but there are lots of countries that already legalized the use of it while they are finding a way to regulate it. Warren Buffet is a businessman but also well known investor, so what do you expect him to do? he keeps talking bad things about Bitcoin, of course he will use his influence for Bitcoin price to go down so that he can buy it cheaper or he's just an old man that didn't understand how Bitcoin works.

[eminemcookie]

Approval is a difficult term and is very different from adoption as legal tender which is probably more what you are getting at. You could argue that the US 'approved' bitcoin with their statement recently to allow it to grow and develop without hindering it. I do not think that any country will ever adopt bitcoin as their sole legal tender. This is not an issue, it shouldn't be Bitcoin's target.

[preshpr1nce]

I can say that in Australia it's legal, we have capital gains tax on it and regulation around operating an exchange in Australia.
Very much like other legal assets, what more can you ask for?

Other countries with similar policies and the USA is implementing other plans according to recent SEC discussions.

[First77]

I can say that in Australia it's legal, we have capital gains tax on it and regulation around operating an exchange in Australia.
Very much like other legal assets, what more can you ask for? Other countries with similar policies and the USA is implementing other plans according to recent SEC discussions.

All countries government are saying "use Bitcoin at your own risk".

Russian President "Vladimir Putin" said something bad for Bitcoin.

[preshpr1nce]

I can say that in Australia it's legal, we have capital gains tax on it and regulation around operating an exchange in Australia.
Very much like other legal assets, what more can you ask for? Other countries with similar policies and the USA is implementing other plans according to recent SEC discussions.

All countries government are saying "use Bitcoin at your own risk".

Russian President "Vladimir Putin" said something bad for Bitcoin.

Based on your above comment about thinking gold is a good investment sums you up.
We are not here to make 2% a year, let the millionaires play with that.

Nothing smart to say, you're better off keeping quiet.
You've not found some magical information which gives you an edge, you're just a sheep being lead to slaughter.