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Author Topic: Bitcoin is difficult to accept in countries  (Read 2250 times)
Aikidoka
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December 27, 2019, 05:49:07 PM
 #121

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 think the biggest problem is the governments, not Internet infrastructure because OP want Bitcoin to be accepted worldwide. The governments don't want Bitcoin because it threaten existing fiat system.
Yeah, that's one of the reasons that governments didn't accept easily the circulement of bitcoin in the country without any limit. It can threaten the local currency, like people will use to get bitcoin and using it more than the local currency, which it will influence the fiat system and it will be a problem, that's the fear of the govemenert I guess.
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December 27, 2019, 06:03:18 PM
 #122

Bitcoin is being rejected by other countries because they are afraid of what can bitcoin really do. Bitcoin might replace the physical money that is why government are doing their best to ban it. But little did they know, bitcoin can cause faster transaction than the physical money which might cause a economy growth.

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December 27, 2019, 07:00:40 PM
 #123

What shit are people talking? You can use bitcoin in any country. The government doesn't need to give it some sort of legal status. People are delusional.
It is true that bitcoin is very difficult to be accepted by most countries in the world, because bitcoin is considered widely used as illegal
activities such as money laundering, terrorist funding, human trafficking and so on.Though countries the lack of knowledge about bitcoin.
Another reason why bitcoin is difficult for the government to accept because it is considered threatening the existence of fiat and banks.
I still hope that bitcoin can be accepted and legalized by all countries in the world, this opportunity still wide open. Remembering the
countries that accept bitcoin are increasing every year.

Stop talking shit. You can us bitcoin from anywhere. Where is it illegal? It doesn't need the government to accept it. Stop being delusional.

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December 27, 2019, 07:58:51 PM
 #124

Bitcoin is very difficult to understand by the masses precisely because it requires multidisciplinary knowledge and the average people are unfortunately low. Consequently, most of the state regulators (who are photocopies of us) do not understand the potential of this mainly mental revolution. On the contrary, someone has understood (a few of them) as well as the world of finance that has done everything to block it (first) with the complicity of people's ignorance and to slow it down (then) seeing that it cannot be stopped. So it will be difficult for people to be convinced in mass in their use. Unfortunately we have to hope in the banks that are entering the crypto world. When they clear it, then bitcoin will be able to spread.
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December 27, 2019, 11:12:11 PM
 #125

Bitcoin is being rejected by other countries because they are afraid of what can bitcoin really do. Bitcoin might replace the physical money that is why government are doing their best to ban it. But little did they know, bitcoin can cause faster transaction than the physical money which might cause a economy growth.
most of it may be the rejection of bitcoin because the country is not ready to accept the latest technological developments. because there are still many countries that the internet network is also still difficult and of course it is its own constraints. about what the colleague said above because the country was afraid that bitcoin would replace fiat money, it was very unlikely because it was clearly very different in use. what is certain is usually regulations or rules that are not ready and so they need to adapt to this.
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December 27, 2019, 11:51:20 PM
 #126

We should expect this kind of scenario in a revolutionary project. Bitcoin will still get adopted at the global level but it will take some time not as fast as many people want it to be. There will always be reluctant for new innovation

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December 28, 2019, 02:04:27 AM
 #127

I think there are many reasons why most countries in the world have not legalized cryptocurrency. firstly because decentralized cryptocurrency cannot be regulated and controlled by the government, anonymous crypto is easy to use for crime, bitcoin has high volatility and lastly the government considers if they legalize bitcoin then their national currency will be threatened.
and regarding the current blockchain, more countries and companies are supporting and adopting blockchain because they understand the great benefits that can be obtained by implementing blockchain technology.

 
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December 28, 2019, 02:05:51 AM
 #128

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.


Until now several countries have agreed on Blockchain to be implemented in the real world. Because Blockchain technology itself has adopted several industries in the real world, especially the financial industry such as banks. Even some countries have legalized cryptocurrency which is categorized as a commodity product and can be traded on the futures exchange. however, it just can't be used as a payment transaction. because it is not very easy if a digital currency that has fluctuating prices is used as a means of payment.

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December 28, 2019, 02:09:35 AM
 #129

We should expect this kind of scenario in a revolutionary project. Bitcoin will still get adopted at the global level but it will take some time not as fast as many people want it to be. There will always be reluctant for new innovation
There are people that will going to adopt and there are also portions that will not easily adopt it. But in time, this innovative process will be noticed and start being used by most businesses. We should all know that  the industry needs more backups from known personalities and businesses.
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December 28, 2019, 02:16:35 AM
 #130

We should expect this kind of scenario in a revolutionary project. Bitcoin will still get adopted at the global level but it will take some time not as fast as many people want it to be. There will always be reluctant for new innovation
There are people that will going to adopt and there are also portions that will not easily adopt it. But in time, this innovative process will be noticed and start being used by most businesses. We should all know that  the industry needs more backups from known personalities and businesses.

The hardest part will always be the transition phase. It is not easy to leave behind what you have grown to be comfortable using. It is not easy to just let go of the past and what you have used to even if the new design or technology is much better. The comfort, familiarity, convenience, etc count as significant factors why a new innovation is hard to embrace immediately. But sooner or later, the shift will still happen. That is the same with Bitcoin and cryptocurrency.

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December 28, 2019, 02:22:02 AM
 #131

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.
because those countries that talks about blockchain is eager to have their own Currency so Bitcoin will be a threat to them so they rather not to tackle this great coin,expect every bad comments from these country just to make their target visible.but about controversies ?this is still publicity mate the more they talk dirty about Bitcoin the more popularity this coin gains.
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December 28, 2019, 04:03:28 AM
 #132

Bitcoin and cryptocurrency will greatly affect each country's monetary system, so I believe that no stable nation will accept bitcoin and cryptocurrency. There are currently a few countries that accept cryptocurrencies, but as far as I can see, those are inflationary states and their currencies are losing value.
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December 28, 2019, 05:48:21 AM
 #133

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.
because those countries that talks about blockchain is eager to have their own Currency so Bitcoin will be a threat to them so they rather not to tackle this great coin,expect every bad comments from these country just to make their target visible.but about controversies ?this is still publicity mate the more they talk dirty about Bitcoin the more popularity this coin gains.
sometimes a country prefers to make than to use, and maybe also some countries are still unable to control bitcoin. Actually there are many reasons that make bitcoin still rejected from some countries, and maybe we should respect the decision.
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December 28, 2019, 05:55:15 AM
 #134

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.
because those countries that talks about blockchain is eager to have their own Currency so Bitcoin will be a threat to them so they rather not to tackle this great coin,expect every bad comments from these country just to make their target visible.but about controversies ?this is still publicity mate the more they talk dirty about Bitcoin the more popularity this coin gains.
sometimes a country prefers to make than to use, and maybe also some countries are still unable to control bitcoin. Actually there are many reasons that make bitcoin still rejected from some countries, and maybe we should respect the decision.
It is a reality that there are only few countries are favor to bitcoin where they are accepting and legalizing it. The bitcoin community is continuing to grow but the problem is the growth percentage is only small because of the countries who are ignoring the bitcoin. It is true that they want to create their own cryptocurrencies than to legalize bitcoin in their country.
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December 28, 2019, 06:12:39 AM
 #135

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.
because those countries that talks about blockchain is eager to have their own Currency so Bitcoin will be a threat to them so they rather not to tackle this great coin,expect every bad comments from these country just to make their target visible.but about controversies ?this is still publicity mate the more they talk dirty about Bitcoin the more popularity this coin gains.
sometimes a country prefers to make than to use, and maybe also some countries are still unable to control bitcoin. Actually there are many reasons that make bitcoin still rejected from some countries, and maybe we should respect the decision.
It is a reality that there are only few countries are favor to bitcoin where they are accepting and legalizing it. The bitcoin community is continuing to grow but the problem is the growth percentage is only small because of the countries who are ignoring the bitcoin. It is true that they want to create their own cryptocurrencies than to legalize bitcoin in their country.

Yes for now, but let's also take into consideration that we are just starting, we still have long way to go and we should not worry about it, adopting cryptocurency in different countries, in each people, in every business needs effort, and marketing it is not instant, we really to do our part to make sure that it will become successful rather than worrying.
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December 28, 2019, 06:15:59 AM
 #136

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.
Although it is the first coin that brought blockchain technology to our world, it does not mean it is all. You know, at this stage people are important about the effectiveness of that asset. Bitcoin is not, it's so slow compared to other alts, so why would people use it in the future? Bitcoin's price has been pushed up due to the market being manipulated by sharks, in addition bitcoin should be very low value. Another bad news is that there seem to be many countries that do not accept crypto, they only accept Blockchain technology. This shows that Crypto is not a safe asset and we should be careful about investing in it.


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December 28, 2019, 06:17:48 AM
 #137

BTC is also banned in our country too. The world should look at the growth and demand for BTC. It can be a very easy financial system for any country with secure transactions. US and China have the largest economy in the world. If they accept BTC as a payment system then the rest of the world will follow their path.

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December 28, 2019, 06:18:43 AM
 #138

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 blockchain, and bitcoin cannot be seperated. Bitcoin will be used by people, regardless of any rules or regulations a government imposes. You cannot stop people from transacting in bitcoin, or accepting bitcoin as payment, any rules are not enforceable on users. The government cannot even effectively stop people from downloading movies and music, never mind using bitcoin which has actual value.

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December 28, 2019, 06:34:49 AM
 #139

BTC is also banned in our country too. The world should look at the growth and demand for BTC. It can be a very easy financial system for any country with secure transactions. US and China have the largest economy in the world. If they accept BTC as a payment system then the rest of the world will follow their path.

And merely chinas economy is much more sensitive compared to the economy of the other countries. They value business too much and they really want to regulate their money, if every we could see china and US getting into cryptocurrency, I guess we will have a much more easier way to ask our government to think deeply about accepting cryptocurrencies. We are now in an emerging technology of currencies, we should not let us be left behind so the race is to adopt to cryptocurrency and to start thinking about how we could benefit the most from it.
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December 28, 2019, 06:41:38 AM
 #140

For the first thing is that people still have a wrong perception of Bitcoin and Cryptocurrency, in recent time, A lot of scam crypto project proves it again this platform is not secure yet, a lot of people have lost their money by investing in this cryptocurrency so they are still possessed a negative remark about this system, I think it's just a matter of credibility so not a single government will not allow for such type of vulnerable system for their people. also, no government will not allow a decentralized financial system in their territory.

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