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Author Topic: 10 years and no country has approved Bitcoin ??  (Read 1695 times)
online73
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February 27, 2018, 07:57:38 AM
 #121

10 years and no country has approved bitkoyn Huh

There are already countries that legalized Bitcoin. These countries thanks to this action a large number of dividends will be collected thanks to Bitcoin. By the way, it is possible to directly depend on the prohibition of Bitcoin and the corruption component of the state. Bitcoin completely destroys all of us a well-known centralized, banking system. It is not possible to manage and ban Bitcoin, but those countries that begin to act in symbiosis with digital gold are already taking steps towards the economy of the new Higher Order
ronafurw
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February 28, 2018, 05:05:31 AM
 #122

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.
Although bitcoins are amazingly changing the whole world in world of economics but still our governments are sleeping. There have been so discussions about bitcoins in our country, but still no better results could have been seen yet now. They are banning it all over the country and now, this ban is increasing in other countries too. But we are still much hopeful for the better days.
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February 28, 2018, 03:37:25 PM
 #123

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"
The acceptance is still a worldwide probelm. No one wants to lead the official declaration for the others who want to follow to also accept. But I think gradually governments will understand and accept and the future will be bright
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February 28, 2018, 03:42:02 PM
 #124

Bitcoin is becoming more and more mainstream every day, especially in Asian countires like China, South Korea and Japan.
NeoTech42
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February 28, 2018, 03:43:33 PM
 #125

Bitcoin is already fully recognized in Japan as a legal currency and more and more countries will follow this path.
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February 28, 2018, 04:00:54 PM
 #126

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 hasn't got a good image in some other countries but I think it is wrong saying that no country has approved the use of bitcoin. Because for example in Japan using bitcoin is legal and you can even use cryptocurrencies for payment purposes. There are other countries too like Canada and Germany that has legalized bitcoin. 
signaturecoin
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February 28, 2018, 04:16:17 PM
 #127

A lot of Warren Buffet's predictions are disappointing. He's a nightmare. After two years, all countries will endorse Bitcoin. The world economy is changing. States have created legislation to regulate the crypto money market, secure the market, and protect digital investors.
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February 28, 2018, 04:19:31 PM
 #128

I believe you have forgotten to mention about Japan, the governments of Japan seems to have a very friendly stance towards bitcoin, and I have read news that there were many retails shops in Japan that are willing to accept bitcoin as payment from their customers.

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brkttlv
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February 28, 2018, 04:24:52 PM
 #129

The meaning of Bitcoin is freedom. Bitcoin does not need any country. Crypto market is getting bigger everyday, and also many of people learned about bitcoin in end of 2017. On the other hand there are many countries working on their own crypto money.
In my opinion in 2020 btc will be using in many country to trade.
bitcon
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February 28, 2018, 04:25:33 PM
 #130

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"

I might be mistaken, but hasn’t Japan approved Bitcoin? This country, which has a pretty small territory, has become one of the largest markets of Bitcoin and other cryptocurrency. I suppose BTC will be approved in more countries.
First77 (OP)
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February 28, 2018, 04:39:50 PM
 #131

The meaning of Bitcoin is freedom. Bitcoin does not need any country.

$10,000 = 80,000 Chinese Yaun or 1,200,000 Japanese Yen etc.. Will they buy Bitcoins ??

That's 1 Bitcoin = 80,000 Chinese Yaun or 1,200,000 Japanese Yen etc..
zentdex
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February 28, 2018, 05:10:24 PM
 #132

It is just like internet, 20 years ago. 20 years ago there are no rules about internet, there are no company who use it and government didn't see it could leverage their country. But after ten years of it's existence there are bad news spreading that the internet is the source of all unpleasant activities, but still even today internet survives and it become more useful to government and the people. I hope that will be the same to cryptos, another more ten years and the government will be used to it and even promote the utilization of it to improve their country.   
serizawax
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February 28, 2018, 05:21:24 PM
 #133

In my opinion, the prohibition of bitcoin by the state is due to differences in understanding between the public and the government.

Society considers bitcoin is digital money and is the same as ordinary money, but it is in digital form. While the government sees that bitcoin is not worth a currency, since almost 80% of the activity that occurs in bitcoin is selling and buying bitcoins instead of buying something using bitcoin. It can be concluded that the bitcoin is actually the same as gold, not money.

Actually, the government does not mean to ban bitcoin, but they only intend to urge the people not to use bitcoin as a means of payment, but the government still allows people to use bitcoin properly, for example, investing, trading and the like.
gandhe83
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February 28, 2018, 05:28:56 PM
 #134

I think the government is a real barrier to the development of bitcoin and cryptocurrency. The cryptocurrency market is facing real challenges from governments in recent countries such as China, Japan, Korea and India. It seems to create a wave of opposition in turn. I think the situation of cryptocurrency will be difficult in the coming time.
maryhansenn
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February 28, 2018, 05:32:59 PM
 #135

Bitcoin had a tough beginning. Only in 2017 started to develop a lot so give it time. Countries will need bitcoin
marsmyname
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March 01, 2018, 10:43:53 AM
 #136

I believe you have forgotten to mention about Japan, the governments of Japan seems to have a very friendly stance towards bitcoin, and I have read news that there were many retails shops in Japan that are willing to accept bitcoin as payment from their customers.
I don’t really think so that 10 years is that much period of time in which you can convince any of the government to believe in any of the currency which was not there in this world before and to make that currency as legal currency. However, things are getting better and soon we will be going to hear some good news regarding this as well but we have to keep little patience in ourselves for that. Countries like Japan and France will soon declare it as legal currency.

wndrbr3d
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March 01, 2018, 10:49:26 AM
 #137

Maybe you re forgetting countries like Japan, Israel, Venezuela, Russia where Bitcoin and other cryptos are very much welcome.
Russia is not in this list. Bitcoin doesn't have any legal status in this country. But we can pay attention on Russian neighbor - Belarus. For last time there were many positive news from it.

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March 01, 2018, 10:59:52 AM
 #138

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"

Try reading news about bitcoin, your claim that no country has approved bitcoin is a false statement. If bitcoin is not approved or accepted in a country how can bitcoin be changed to fiat currency, that alone will give you hint that bitcoin is accepted by some countries like japan, south korea, US and many more. There are also country that regulates the flow of cryptocurrency in their monetary systems to avoid inflations over the market.

First77 (OP)
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March 01, 2018, 03:59:06 PM
 #139

Try reading news about bitcoin, your claim that no country has approved bitcoin is a false statement. If bitcoin is not approved or accepted in a country how can bitcoin be changed to fiat currency, that alone will give you hint that bitcoin is accepted by some countries like japan, south korea, US and many more. There are also country that regulates the flow of cryptocurrency in their monetary systems to avoid inflations over the market.

Dangers of decentralization

Moriuchi, who is now at the digital intelligence firm Recorded Future, estimates that North Korea earns between $15 million and $200 million by creating and selling cryptocurrencies and then turning it into hard cash. (Their take fluctuates depending on the digital currency’s worth when North Korea cashes out.)

https://www.vox.com/world/2018/2/28/17055762/north-korea-sanctions-bitcoin-nuclear-weapons
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March 01, 2018, 06:03:27 PM
 #140

Bitcoin is becoming more and more mainstream every day, especially in Asian countires like China, South Korea and Japan.
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