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Author Topic: 10 years and no country has approved Bitcoin ??  (Read 1697 times)
dimastegar
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April 05, 2018, 11:54:22 PM
 #301

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"
Do not be easy to believe by someone's thinking. Because the richest person is not our benchmark for making decisions.

Bitcoin is already Legal in some developed countries. For example Switzerland and Japan. And Japan holds the largest amount of Bitcoin today.

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Rascar Capac
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April 06, 2018, 12:11:23 AM
 #302

It seems to me that in February, there were already countries that were in favour of Bitcoin (I am thinking of Japan in particular)? Unless the question is whether they have accepted it as their national currency and that may never happen... Sad
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April 06, 2018, 12:55:42 AM
 #303

What do you mean approved? You mean recognize bitcoin as a currency? No country will ever do that since bitcoin is not backed by world bank like other currencies to. Our government supported bitcoin but they are taking a close look for those who abuse its use like money laundering and other stuff. I don't know if Japan approved bitcoin but I think they did already since they have a lot of btc's.

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First77 (OP)
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April 06, 2018, 01:09:02 AM
 #304

It is not true that since the 10 years of bitcoin existence no country has approved it. pls kindly always gather your information right. 'cos as i speak now some countries like Vanuatu, Japan, South Korea, Australia, Swiss  and some African countries Nigeria, South Africa too to  mention a few. as now welcome to bitcoin some even use it to pay bills and tax clearance in some of these countries.

Bitcoin fell from $20,000 to $6,500 the moment Bitcoin ran into government agencies in 2018.
First77 (OP)
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April 06, 2018, 09:19:48 AM
 #305

Hi, where do you get to opinion? Ten years no country approved? There are many countries legalize bitcoin, don't bring FUD to the forum. Japan, South Korea, Australia, Swiss are welcome to bitcoin. They are not weak countries. They are strong countries. USA also welcome bitcoin as an asset not as currency , Canada too. Russia bitcoin is not illegal. DO you read G20 talk. There are many countries that legalize bitcoin. There are some neutral. There are some ban bitcoin.  If bitcoin illegal in all countries you can do trading. bittrex is based in US. and many exchanger in Japan , hongkong, south korea, Indonesia and others.

I'm sure that in 20 years there will either be very large transaction volume or no volume. -- Satoshi

It's 10 years, where are the Bitcoin transactions ??
Wibisono
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April 06, 2018, 09:28:14 AM
 #306

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"
each country must have many indicators in deciding whether or not the country receives bitcoins.
One of the countries that I know has legalized bitcoin is Korea.
The Korean government's decision to grant permission to bitcoin users in the country of course with a variety of rules that must be met.
Sandijoee
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April 06, 2018, 09:52:31 AM
 #307

it is not possible, bitcoin coin no 1 in cryptocurrency. Bitcoin is still a developmental stage. I think the future is promising and it will be great and Let's hope that all that is a good thing.  Smiley
Kjara
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April 06, 2018, 11:25:57 AM
 #308

Actually there is a number of countries that already applied certain regulations that in fact legalized most of cryptocurrency operations.
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April 06, 2018, 06:45:14 PM
 #309

I do not think that will happen, and I'm sure later countries will agree with Bitcoin. if indeed Bitcoin will end, then it is a big disaster for Bitcoin players.

No don’t be worry as it is not going to happen more and more people are not trying to buy bitcoin as in some country bitcoin is announced to be the legal currency and people are taking more and more interest in bitcoin so bitcoin is improving with each passing day, recently Japan has announced bitcoin for open and legal, use only because it is the well developed country and they know the real worth of bitcoin investment, the people of Japan says bitcoin has given them a lot of benefits.
Naida_BR
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April 06, 2018, 06:54:47 PM
 #310

After 10 years, many people do not accept that BTC is reality and they still fight it.

The rise of BTC will start from Asia as Asians are smarter than the West.
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April 06, 2018, 07:03:43 PM
 #311

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"
there are some countries that approve the bitcoin and they are countries that encouraging there people to use bitcoin, my opinion bitcoin will never end because of the demand of the people from 2007 till now bitcoin helping some people who are studying bitcoin and have learning on it. maybe there are many countries that not legal the bitcoin than the countries that approve the bitcoin 2018 is the open for opportunities for other crypto currency.
bitkaboom2
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April 06, 2018, 07:10:29 PM
 #312

Reasons for this is that Bitcoin is a huge idea and it can the change the world to a very large aspect.But as always there are having some drawbacks of almost every new emerging idea.So some of the narrow-minded people are just looking at the drawbacks and they are spreading rumours about Bitcoin so therefore Bitcoin is not yet approved by any country.

cryptobike
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April 06, 2018, 07:44:15 PM
 #313

it has no legal value...and bitcoin is falling ...so future is very crusial
kramchers
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April 06, 2018, 07:46:56 PM
 #314

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"

Why Bitcoin need any approval from any country?
This currency is not for the government nor banks, Bitcoin created for the people to get and have the currency that will depend on the people all around the world.
and without any approval, as the world have democracy we can make this coin alive as always.
kimochidesh
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April 06, 2018, 07:48:01 PM
 #315

Have you checked that whether any country has approved Bitcoin or not? In countries like Japan, Germany, Australia, and Denmark, the government holds a positive attitude to Bitcoin. In some countries like Israel, USA, Arizona and Switzerland Bitcoin could be used for paying taxes. So it’s not like no country has approved Bitcoin. Also, don’t forget that Bitcoin being a decentralized concept does not need Warren’s approval or any countries’ approval to operate.
ubitcoin
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April 07, 2018, 05:15:40 AM
 #316

you were wrong. Japan and Germany have officially accepted Bitcoin. In the future there may be more countries accepting bitcoins after seeing the economy of Japan and Germany has grown very fast because of Bitcoin. I look forward to seeing that happen

Russian President "Vladimir Putin" did not approve Bitcoin.
Yeah number is really bad in this case. Bitcoins are not been approved by majority of countries rather they have banned them with strict compliance of sentences and crimes. So anyone if found in involved in any sort of bitcoins dealing or working, he or she will be sentenced accordingly. So people we need to work on this that soon these governments must legalize bitcoins.

virasog
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April 07, 2018, 05:22:57 AM
 #317

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"

You're totally wrong. All i know there's one country where bitcoin is legal and still using it. Its Japan and government giving support to it. Bitcoin is decentralized and not in under control, its unpredictable so how the second richest man "Warren Buffet" can say such thing against bitcoin.  

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kalstarzz
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April 07, 2018, 05:33:49 AM
 #318

time 10 years is a very short time to introduce bitcoin to all corners of the world, naturally there is no country that legalize bitcoin.
it takes time for each country to accept bitcoin, with the aim that they want to see the development of bitcoin. then let's support together to make the bitcoin even better.
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April 07, 2018, 06:41:13 AM
 #319

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 has already approved and legal in some countries like Japan, Australia and England. Regarding to the Warren Buffet's view on bitcoin, being expert in one field doesn't mean his point is valid on anything (in this case, bitcoin).
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April 07, 2018, 06:45:00 AM
 #320

The governments of many countries do not recognize Bitcoin as a currency. When you deal with money, about 34% of all transfers are taxes (corporate, personal, VAT, employment, national insurance system and so on). When one third of all payments are government taxes, and your currency is still not recognized, then this is not an appropriate unit of exchange.
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