Bitcoin is difficult to accept in countries

[Google+]

It's not that easy to accept digital world especially in some poor countries that don't have much access in the internet or that their citizens don't even know how to access computers and still have zero knowledge over the internet. So, it won't be that much easy to accept and adopt. In time it will happen little by little.

if you can say it is very easy then there should be many who have accepted bitcoin as one of the legal payments in all countries because I think there are still some countries that still have not accepted bitcoin as a legal payment and there are still many very complicated legality issues .

[yoseph]

The Blockchain technology has been widely accepted by every country and companies because of it's transparency, security and lots of other things. The reason why these same countries are not thrilled about bitcoin which came out of blockchain is that it is decentralized and with countries and governments it's all about control and centralization and since they cant control bitcoins, they just ban and make their own crypto like Venezuela did and what China may end up doing.

[MURONDI]

at this time we know that the Blockchain is being discussed in large countries. and some time ago the Chinese president was welcome on Blockchain. But what about Bitcoin? there is still a lot of controversy going on. Even the US (SEC) is still rejecting the given bitcoin proposal. while we know. Bitcoin is the first carrier of Blockchain technology for general use. is it because of the basic bitcoin that has an anonymous background? so it is difficult to be accepted by the state. could bitcoin be separated someday? I mean Blockchain will be positively welcomed in the world. while Bitcoin will remain controversial.
share your opinions.

in my opinion some countries hate bitcoin because they feel it's not profitable even very detrimental to the country, when its citizens invest bitcoin, bank revenue might decrease, especially bitcoin is not taxed, so that the government does not benefit anything, while blockchain technology can be utilized by the government to benefit, because the government can control the blockhain technology they make, but they don't have control over bitcoin.

[Edraket31]

at this time we know that the Blockchain is being discussed in large countries. and some time ago the Chinese president was welcome on Blockchain. But what about Bitcoin? there is still a lot of controversy going on. Even the US (SEC) is still rejecting the given bitcoin proposal. while we know. Bitcoin is the first carrier of Blockchain technology for general use. is it because of the basic bitcoin that has an anonymous background? so it is difficult to be accepted by the state. could bitcoin be separated someday? I mean Blockchain will be positively welcomed in the world. while Bitcoin will remain controversial.
share your opinions.

in my opinion some countries hate bitcoin because they feel it's not profitable even very detrimental to the country, when its citizens invest bitcoin, bank revenue might decrease, especially bitcoin is not taxed, so that the government does not benefit anything, while blockchain technology can be utilized by the government to benefit, because the government can control the blockhain technology they make, but they don't have control over bitcoin.

For some countries they can't accept it easily as they have no control over it, they want to mandate and imposed tax first before they will say to people that it is legal, but as of the moment, they can't accept it because they think that Bitcoin will be a hindrance in stock market as people choose to invest in Bitcoin than in the stock market.

[White Christmas]

Bitcoin would be really hard for some countries to accept, because of the reason that bitcoin is anonymous and they don't know on how it is regulating in the world market but the past announcement of the Chinese president Xi help the bitcoin to be in a good way or situation and I guess it will also be an help to bitcoin to accept it in other countries because as China one of the best economy around in the world accepts blockchain in which result to pump up the bitcoin was a good idea. Maybe someday the countries will accept bitcoin and it's anonymously.

[Youghoor]

at this time we know that the Blockchain is being discussed in large countries. and some time ago the Chinese president was welcome on Blockchain. But what about Bitcoin? there is still a lot of controversy going on. Even the US (SEC) is still rejecting the given bitcoin proposal. while we know. Bitcoin is the first carrier of Blockchain technology for general use. is it because of the basic bitcoin that has an anonymous background? so it is difficult to be accepted by the state. could bitcoin be separated someday? I mean Blockchain will be positively welcomed in the world. while Bitcoin will remain controversial.
share your opinions.

The basic reasons why some countries find it difficult to accept the use of bitcoin are;
a lot of the officials in some of these countries don't really understand how the entire system of bitcoin runs and they are not willing to research and learn about Bitcoin.
Another reason is that they have no ability to control the rate at which bitcoin might be used in the country. In every country, its government always wanna control the inflow of currency in the country. The acceptance of Bitcoin will eliminate their ability to control the inflow of money in the country since the bitcoin ecosystem does not permit a central body to control the circulation of bitcoin. These are the basic reasons behind the difficulty for countries to accept Bitcoin.

[angrybirdy]

at this time we know that the Blockchain is being discussed in large countries. and some time ago the Chinese president was welcome on Blockchain. But what about Bitcoin? there is still a lot of controversy going on. Even the US (SEC) is still rejecting the given bitcoin proposal. while we know. Bitcoin is the first carrier of Blockchain technology for general use. is it because of the basic bitcoin that has an anonymous background? so it is difficult to be accepted by the state. could bitcoin be separated someday? I mean Blockchain will be positively welcomed in the world. while Bitcoin will remain controversial.
share your opinions.

in my opinion some countries hate bitcoin because they feel it's not profitable even very detrimental to the country, when its citizens invest bitcoin, bank revenue might decrease, especially bitcoin is not taxed, so that the government does not benefit anything, while blockchain technology can be utilized by the government to benefit, because the government can control the blockhain technology they make, but they don't have control over bitcoin.

For some countries they can't accept it easily as they have no control over it, they want to mandate and imposed tax first before they will say to people that it is legal, but as of the moment, they can't accept it because they think that Bitcoin will be a hindrance in stock market as people choose to invest in Bitcoin than in the stock market.

Decentralization and taxation law. It is the main concern of most countries that find it hard to accept bitcoin. It will bypass the fund circulation inside the government and it might affect the allocation of economic resources. More consideration required for them before they finally are able to accept bitcoin. More things to look for before it happens.

[JC btc]

During those 5 years in Bitcoin, it's really hard for us to adopt Bitcoin, it's hard to accept it as most of the countries thinking that Bitcoin was a big scam, so people are afraid to invest in it as well as it is not that famous compare now, but, nowadays, Bitcoin is somehow known in most countries and thinking to regulate it.

[Asuspawer09]

at this time we know that the Blockchain is being discussed in large countries. and some time ago the Chinese president was welcome on Blockchain. But what about Bitcoin? there is still a lot of controversy going on. Even the US (SEC) is still rejecting the given bitcoin proposal. while we know. Bitcoin is the first carrier of Blockchain technology for general use. is it because of the basic bitcoin that has an anonymous background? so it is difficult to be accepted by the state. could bitcoin be separated someday? I mean Blockchain will be positively welcomed in the world. while Bitcoin will remain controversial.
share your opinions.

Blockchain is loved because it provides a way for advanced countries like China, America, Australia, Japan, and other really advanced countries to be able to move their financial systems forward into a system that is even easier to trace, and is just better then our current one.

Bitcoin is hated because it uses blockchain technology - but Satoshi also added a spice of decentralization which means no government will be able to control it fully (unless they own so much BTC they can market manipulate), and that's one of the main reasons why it'll be hard for the state to be accepted as a currency.

If your talking about hard forks, for separation, it could happen, but it wouldn't be bitcoin anymore - BTC without decentralization would be weird...

The bitcoin itself and the technology behind it was already great and have a lot of potential use in many countries but still bitcoin is not trusted by the government afraid of someone could potentially hack it or owns it, But overall in many countries the bitcoin was already starting to be established also already use in any transactions. In a way, they could see the potential of bitcoin becoming the future like for example having a fast transaction and also a cashless transaction would be great. The also downside was the government doesn't trust bitcoin because it could be used in illegal transactions and potentially could be a hack.

[jakoylantern]

For me, it depends on the country. Yes, I admit that most states don't fully accept bitcoin as a currency, but there some countries that totally accept it. But here in my country bitcoin is accepted, but not fully authorize of all stores and establishments. But the good news is the vast companies, schools, and other facilities are now allowing/agreeing cryptos as payment. I am hoping that the government creates a department that will study the possibility of making these cryptos fully legal.

[GideonGono]

Also in the Philippines discuss against bitcoin that they warn all filipino about bitcoin because they think that the investment of bitcoin can also like a gambling where they can lose their money.

They didn't know all about bitcoin but some of stores out there can use bitcoin, it's legal but they promoting it.

There are some company who favor of bitcoin on the Philippines that's why they create a wallet for the cryptocurrency user.

[boris2470]

at this time we know that the Blockchain is being discussed in large countries. and some time ago the Chinese president was welcome on Blockchain. But what about Bitcoin? there is still a lot of controversy going on. Even the US (SEC) is still rejecting the given bitcoin proposal. while we know. Bitcoin is the first carrier of Blockchain technology for general use. is it because of the basic bitcoin that has an anonymous background? so it is difficult to be accepted by the state. could bitcoin be separated someday? I mean Blockchain will be positively welcomed in the world. while Bitcoin will remain controversial.
share your opinions.

Everything that can threaten any country's economy becomes hostile to a country. It happened with Bitcoin, many countries are afraid that if Bitcoin gets power, then fiat money will depreciate, destroying the economy. Blockchain, in turn, is safe, it's just a very good friendly technology, which is why everyone loves it, not Bitcoin.

[passwordnow]

It's just getting started and definitely some gov't will act that it's like something that they can trust but sooner and later, they will accept it and welcome it as if nothing happened. For now, we just have to keep going and wait until everything moves favorable to bitcoin. Blockchain will go on so do bitcoin will. I believe that these two will go along together and if it only blockchain does takes the ladder, bitcoin will never get left behind as its community has been built already and strong all over the time which will surely grow in the future.

[Shasha80]

It is true that many now separate bitcoin and blockchain. Yet in my opinion between bitcoin and blockchain is an inseparable unity.
For example related to china's state news which started to accept blockchain technology, but not with bitcoin. In my opinion it is only
natural why bitcoin is so difficult to be accepted by the government. Because bitcoin is a decentralized is protect its users, bitcoin
cannot be controlled by anyone, bitcoin has a volatility price and bitcoin is always linked with money laundering and terrorism. So,
seeing that reason makes bitcoin difficult for all countries to accept in the world. As long as the negative stigma is still attached to bitcoin,
it is indeed difficult to convince the government to accept bitcoin.

[crossabdd]

It's not that easy to accept digital world especially in some poor countries that don't have much access in the internet or that their citizens don't even know how to access computers and still have zero knowledge over the internet. So, it won't be that much easy to accept and adopt. In time it will happen little by little.

I am interested in your opinion about a poor country that cannot accept the digital world. because it is limited by the internet. I think differently if a poor country has internet access, maybe Bitcoin will be free to use. because with Bitcoin, countries can compete with large countries that don't accept bitcoin.

[Zionatin]

Bitcoin doesn't need to be accepted by the state or anyone else for that matter in order to be used. What you use as a medium of trade is up to you.

It is true that many now separate bitcoin and blockchain. Yet in my opinion between bitcoin and blockchain is an inseparable unity.
For example related to china's state news which started to accept blockchain technology, but not with bitcoin. In my opinion it is only
natural why bitcoin is so difficult to be accepted by the government. Because bitcoin is a decentralized is protect its users, bitcoin
cannot be controlled by anyone, bitcoin has a volatility price and bitcoin is always linked with money laundering and terrorism. So,
seeing that reason makes bitcoin difficult for all countries to accept in the world. As long as the negative stigma is still attached to bitcoin,
it is indeed difficult to convince the government to accept bitcoin.

Only insane countries like America think bitcoin is used for terrorism. The whole money laundry thing.... They like a bunch of thugs collecting their protection money but they call it "taxes".
What's all this talk about getting the government to accept bitcoin? Who cares what they want? They have nothing to do with it.

[Rajbir1994]

The number of source for using Bitcoin is increasing day by day. As far as I know China is now open for accepting bitcoin. According to this article https://all-stocks.net/state-issued-cryptocurrency-is-now-priority-for-chinas-central-bank/ China Central Bank started using bitcoin and talking payment. Recently some other countries will start using bitcoin I hope. So that the bitcoin future is really great.

[migws]

at this time we know that the Blockchain is being discussed in large countries. and some time ago the Chinese president was welcome on Blockchain. But what about Bitcoin? there is still a lot of controversy going on. Even the US (SEC) is still rejecting the given bitcoin proposal. while we know. Bitcoin is the first carrier of Blockchain technology for general use. is it because of the basic bitcoin that has an anonymous background? so it is difficult to be accepted by the state. could bitcoin be separated someday? I mean Blockchain will be positively welcomed in the world. while Bitcoin will remain controversial.
share your opinions.

Bitcoin is a killer of centralization. Which country does it need? No ones. That is why the coin is not supported by states unlike Blockchain.

[dimonstration]

It's not that easy to accept digital world especially in some poor countries that don't have much access in the internet or that their citizens don't even know how to access computers and still have zero knowledge over the internet. So, it won't be that much easy to accept and adopt. In time it will happen little by little.

Some also are too scared to adopt change, they'd been comfortable in what they use to do that they not aware that they can make their living and transactions easier once they already try to find other methods on making their living or stuffs they do easier in technology that's why it is created by the way. Bitcoin having many uses like for faster and smoother transaction, type of investment and etc. It will depend on how implementation the government will do to attract users.

[alisonwonder]

at this time we know that the Blockchain is being discussed in large countries. and some time ago the Chinese president was welcome on Blockchain. But what about Bitcoin? there is still a lot of controversy going on. Even the US (SEC) is still rejecting the given bitcoin proposal. while we know. Bitcoin is the first carrier of Blockchain technology for general use. is it because of the basic bitcoin that has an anonymous background? so it is difficult to be accepted by the state. could bitcoin be separated someday? I mean Blockchain will be positively welcomed in the world. while Bitcoin will remain controversial.
share your opinions.

I think only countries that have developing economic conditions can provide the legality of using bitcoin as one of the legitimate alternative payments, hopefully many countries can accept bitcoin so that it can influence the demand at the exchange and can increase prices for bitcoin.