10 years and no country has approved Bitcoin ??

[CherRic]

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"

How can one country approve bitcoin if it cannot own it in the first place. Bitcoin is legal in many countries but will never be promoted nor consider it as an asset in many countries because they cannot control and regulate bitcoin. It is the people who are investing in it who is gaining profit and not the government.

[Thirdspace]

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

Bitcoin is accepted in Japan, Korea, Russia, and many more countries. Are you reading enough? Please do some more research.

If I'm not mistaken UK (perhaps England) also deemed bitcoin businesses legal?

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

wasn't it in 2017, in last year news, he was saying that statement about bitcoin
so... if he predicted right, it would be some time in the future. give it some more time
He didn't actually say in what year bitcoin would turned badly, did he?

Warren Buffet change his tune now. He said he will invest on cryptocurrency. He is aiming the Ripple.
Perhaps he realize that cryptocurrency is here to stay.  

can you give us links to that related news, preferably from well established news source out of crypto news ring

[btcprospecter]

By approved what do you mean? As in a country that runs solely from bitcoin? Many countries already accept that bitcoin is here to stay and of course they are going to back their own financial institutions over something they have no control over.
Moreover fiat rich people are always going to defend their interests in fiat.

[kyle999]

So far, bitcoin and so many countries are legit, especially here in the Philippines because I'm able to withdraw money here using bitcoin and other banks and we have a wallet bitcoin for filipinos and it's also worth it every day.

[Bitbitmaker]

Why do you think that no country has approved bitcoin? Read more carefully Google. For example, Japan.

[First77]

Well if you look about it, 10 years and still no country approval on integrating it on how their economy would be and yet the value of bitcoin is still growing. Yes, there might be dips, here and there but you have to remember that problems have arisen and yet there is still that magic on cryptocurrency and on bitcoin that still is opening up new possibilities in our world

and Bitcoin fell $20,000 to $6500   

[Qartersa]

Very good point on the title. But you should know by now that there are countries that have approved Bitcoin? Say, Japan. The Japanese government has been very vocal about their stance on Bitcoin, and in fact, some Japanese merchants are accepting Bitcoin as a form of payment.

Nonetheless, I see that even Bitcoin users would not want to use their Bitcoins as payment because they see it as a store of value. Hence, they hold it until time immemorial unless they are in need of cash already for whatever purpose. That is the reason I deduce that even if Bitcoin is honored, there are less transactions with it in terms of buying products, goods, and etc. because Bitcoin owners know that Bitcoin's value will grow more with time. They will be put at a disadvantaged position had they use the same to purchase items.

[sampoer23]

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"

for the time being Japan and korea have already started to legalize bitcoin, this is one indication that bitcoin began advancing the income State, because digital currency predictions in the future will be a lot of interest all over the world who need a fast system and other countries could be accepted.

[btcrich2020]

Yes no country can ban bitcoin as long as internet is there on planet earth no country can ban bitcoin bitcoin is future

[GC2263]

Many government/countries didn't approve BTC, neither they disapprove BTC. Why are they not disapproving it? Maybe it's not within their interest to do it. Everyone do something for a reason, just like many of us here, investing in BTC bcos we believe this is the future and a great way to make money.

So if BTC is not really hitting a country bottomline, why bother disapproving it. These countries could also be on board just like us.

[Hazaki]

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"

Well if you look about it, 10 years and still no country approval on integrating it on how their economy would be and yet the value of bitcoin is still growing. Yes, there might be dips, here and there but you have to remember that problems have arisen and yet there is still that magic on cryptocurrency and on bitcoin that still is opening up new possibilities in our world

First , Bitcoin has been here from 2009 not 2007 , and some countries has already approved it such as Japan ..
Second , a lot of countries won't ever approve bitcoin especially those where corruption is at it's most , since bitcoin will be a new asset for people to store their wealth in without fearing that their holdings get stolen by any more powerful person or organization in their country ..
The blockchain technology will certainly change the world either with bitcoin or any other crypto , but we need to make people understand it first and spread the word about it's features and use cases in order to make it a common knowledge all over the world , and adopting it everywhere then will just be a matter of time .

[joshua05]

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 has been really chaotic to the world of cryptocurrency in which bitcoin would end up badly. As for those kinda news, why dont we tend to look at the possitive side on which bitcoin can benefit us in so many ways, including different spots which made you feel secure and reliable in investing in this internet banking.

[krishnaverma]

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 agree to what he said. If this ever ends, it will end up badly for those having the bitcoins at that time. How will it end though ? Do you think that it will completely collapse one day ? I do not see that happening in next 100 years. See this is actually future of how most of the transactions will happen. More and more people will adopt this as there are technologcal advancements and more awareness about bitcoins.

[bubu4845]

you are wrong, i think rightnow Bitcoin slow but sure will get accepted in every Country because rightnow every government already see how profit is Cryptocurrency and how popular it is, so just wait 3 or 5 years and you will see bitcoin will accepted  

[eaLiTy]

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"

Do you think that you will get regulated within ten years of existence and for a subject which is sensitive like finance. This is a new technology and only a few dumb countries banned the use of bitcoin or any other crypto currency altogether. Lets say when internet started booming in the early 90s ,it took a long period of time for any government to come up with some rules and regulations,so expect those kind of delays here too.
More over try to understand who Warren Buffet is,he does not have a clue about technology,he is too old to study about all these things.

[First77]

for the time being Japan and korea have already started to legalize bitcoin, this is one indication that bitcoin began advancing the income State, because digital currency predictions in the future will be a lot of interest all over the world who need a fast system and other countries could be accepted.

India and China are on Warpath with Bitcoin and cryptocurrencies. With China having some 400 billionaires.

[Lucius]

That's what I am saying.

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

Call people fools only shows your limited mind...People who bought BTC at 2000$ are still in big profit today,and if they sell at top price they are profit 10 times they invested.Gold Price per ounce is today only 1328$,so you lost money when you invest in gold,smart move?

If any major terrorist attack gets funded by Bitcoin use due to decentralization and anonymity, it's GAME OVER

Terror group ISIS, ISIL, Al-Qaeda have some 20 countries.

Do you live in the cave maybe?Of these terrorist organizations there were only traces left,and what 20 countries you talking?

The amount of rubbish you wrote in your short time in the forum is pretty big,maybe is time for you to check how much money you lost these days in your glittering gold.

[preshpr1nce]

Can I just state the obvious here.
This guy is pure FUD, he is comparing a stable, very low gain commodity being gold to cryptocurrency, gold over the last 10 years has averaged under 5% gains per year, a high interest saving account will earn you more than gold per year and you can compound atleast with these.

Now for the part no one has stated yet, the guy has a REFERRAL LINK to a gold trading platform in his signature, I thought this forum didn't allow for this? where are the admins?

Stop feeding the idiot, he's come here not to discuss crypto but to try scare people over to his gold trading platform.

absolute scum of a person.

[First77]

Do you live in the cave maybe?Of these terrorist organizations there were only traces left,and what 20 countries you talking?

ISIS had $3 million Bitcoins when Bitcoin was $1000. Now that is $30,000,000 with ISIS (most dangerous terrorist organisation in history) because of greedy people and rich scammers.

Those trucks killing 10 or 15 people in Europe.

[CAPT.DEADPOOL]

That's 10 years when I grew up with millions of bitcoin's value and other people heard what bitcoin was and why it was so high that they might be interested in companies as well as they might be selling their bitcoins but his value is high