Marileno
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March 23, 2018, 10:36:57 AM |
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In order to "approve it" governments need to regulate it. This takes years to work out, and only now are they starting to take it seriously. The problem is, the more they dig into it, the more likely they are to ban it, rather than approve it.
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First77 (OP)
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March 23, 2018, 11:01:44 AM |
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The main reason is that, Bitcoin can not be use as a currency because it is too much speculative nature thats why many countries are not interested. Only Japan give it legal status.You can consider bitcoin as an asset. Bitcoin will not end up it will break previous high in 2018.
Now gold can be stored in electronic form/digitally. If Gold is used as a global currency, Gold price will be $50,000/ounce. End of the day, US dollar, Euro, UK Pound, Yuan, Japan Yen run the world economy.
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Sachinist
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March 23, 2018, 11:03:10 AM |
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Bitcoin is borderless and needs no approval from anyone, but only for everyone to ditch fiat and start using Bitcoin.
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newwest
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March 23, 2018, 11:03:58 AM |
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In order to "approve it" governments need to regulate it. This takes years to work out, and only now are they starting to take it seriously. The problem is, the more they dig into it, the more likely they are to ban it, rather than approve it.
Will need to wait what my country decides on as they are still reviving if needs to banned or regulated. It seems that till now things are not so positive that it may be accepted but hopes are high that they would not disappoint their citizens.
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birtoki
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March 23, 2018, 11:05:53 AM |
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as far as I know Japan, which is one of the most progressive countries in the world, has already legalized cryptocurrency.
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Lucas Kronenberg
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March 23, 2018, 11:11:08 AM |
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I think its not advantageously for some economic systems. And 10 years, in turn, is not some much for such phenomenon as bitcoin.
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Jimile
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March 23, 2018, 11:15:55 AM |
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Countries are listed in a certain order, because each country has its own characteristics, differences in population, connection to the Internet, etc. However, all of these countries have demonstrated their loyalty to the cryptocurrency, whether on behalf of the population, the government or both.
Estonia United States Denmark Sweden South Korea Netherlands Finland Canada Britain Australia
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Red-Apple
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March 23, 2018, 11:16:18 AM |
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as far as I know Japan, which is one of the most progressive countries in the world, has already legalized cryptocurrency.
the most obvious and popular country is Japan but in fact there are a lot of different countries that have already legalized bitcoin. Canada, Germany, Australia, obviously USA, Korea if i am not mistaken, even China and lots of other countries have already done it. the thing about this topic is that OP has been trying so hard to spread FUD with dumb topics like this ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Coinhype
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March 23, 2018, 11:18:59 AM |
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Yes they are ten years since the bitcoin blockchain goes online. But i think we got a huge success in this ten yeas. When you look at the start of the bitcoin blockchain, there was a dev or a dev team, who launched it. People do just for fun install the wallet and mined the coin. You could ask in the forum if someone send you a bitcoin to test it. And what we got now? A million dollar industry who is trying to get as many bitcoins as possible. Maybe there is no country who accept it. But there are many people who stay behind this coin!
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aleksej.rozhkov
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March 23, 2018, 11:24:07 AM |
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On the contrary, right now, many countries take bitcoin in a new light and award him with the merits of the development of the economic system and the convenience of transactions.
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lucian999
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March 23, 2018, 11:36:27 AM |
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it's impossible to happen because I've probably been through for 10 years as much as the bitcoin has helped and it's going to be a great development so it's approved by all countries.
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Bitcoinislifer09
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March 23, 2018, 05:26:33 PM |
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The bitcoin will be no longer for existence in other country maybe the bitcoin is already banned and theres alot of people are negativity to the other people but be careful only on what were doing in the bitcoin existence then we can do only is to share what bitcoin it is and share it to other classmate who are in need of financially...
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First77 (OP)
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March 31, 2018, 02:20:43 PM |
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Bank-wire transfers are the oldest form of digital money/digital payments
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BlackRacerX
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March 31, 2018, 02:33:31 PM |
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Bitcoin was launched in 2007. It's 10 years and still no country has approved Bitcoin ?? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly" A lot of countries have appoved bitcoins and even allowed the trade of other cryptocurrencies. I believe that Japan has been crowned the only country to ever have loved bitcoin so much, they support it with their entire countru and government backing it up. Might even be a possible replacement for Yen.
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imamhabibi
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March 31, 2018, 02:36:14 PM |
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Bitcoin was launched in 2007. It's 10 years and still no country has approved Bitcoin ?? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly" In the EU, transactions using bitcoin are considered legal. Similarly with the G7 countries (Canada, France, Germany, Italy, Japan, Uk, and America) have legalized bitcoin. Neither with other countries. Most bitcoins are considered legal and can be used in transactions as a means of payment, traded as commodities and exchanged for regular currency. But there are some countries that are also firmly to bitcoin. Like Bolivia, for example, in 2014, Bolivia's central bank has declared it official to block bitcoin. In Ecuador bitcoin is also considered illegal. Not just bitcoin instead, but also other digital currencies. the government prioritizes transactions with the use of local currency that is the government-regulated dollar.
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kiddddddd
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March 31, 2018, 02:56:59 PM |
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Bitcoin was launched in 2007. It's 10 years and still no country has approved Bitcoin ?? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) 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. Well, this is a good news for people like me then. Adapting cryptocurrency is not bad at all.For me, it really showed developments on countries who already saw the good advantages of BTC.Besides BTC has been here for 9years and and it gained so much attention not just on famous people but also with average people.
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redhondaxrm125
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March 31, 2018, 05:31:18 PM |
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Bitcoin was launched in 2007. It's 10 years and still no country has approved Bitcoin ?? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly" A lot of countries have appoved bitcoins and even allowed the trade of other cryptocurrencies. I believe that Japan has been crowned the only country to ever have loved bitcoin so much, they support it with their entire countru and government backing it up. Might even be a possible replacement for Yen. Yup, you are right, there are already quite a good number of countries that accept bitcoins as another option in the long list of payment methods for their people and for the businesses and establishments that run in their countries. I think the op has been fed with the wrong information that led him to having such conclusion and actually believe the fuds. But I think that after reading some of the great responses, the op will realize that he is wrong and that it really pays of to confirm the sources of every information first before even thinking about believing them.
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hajimasan
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April 01, 2018, 06:46:30 AM |
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Bitcoin was launched in 2007. It's 10 years and still no country has approved Bitcoin ?? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly" In actual truth bitcoin is that thing which is more secured then any another online technology , even the high encrypted banking system in the real life are not much better than what the bitcoin is , so such types of achievement by the bitcoin showing a good result to gain the market and also many good minded people understands very well that how much the safe they are with bitcoin . And here another thing that is the approval as a real currency by no one country is also a good thing because no one excatly knows that from which place bitcoin is operating , but still they approved bitcoin use with regulations rule , so that no one can use bitcoin for illegal purpose . Here in my opinion , everything going well with the bitcoin , but we are getting in bitcoin illusion by many Rumours only , we should remain with the positive and real truth with bitcoin but not go for any negativity with this .
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RamBahadur.Gurung
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April 01, 2018, 06:58:26 AM |
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What do you mean when you posted that no country has "approved" Bitcoin? A lot of the world nations, including Germany, Japan and Switzerland has legalized Bitcoin. What more do you want?
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Easteregg69
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April 01, 2018, 07:00:07 AM |
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Legalizing bitcoins. (How stupid does it get ?) If spanking don't work i don't know what will.
How much control is needed ?
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.
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Throw some "shit" and see what sticks.
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