12 years and no country has approved Bitcoin ??

[blckhawk]

well there are some that approved of it in a way that they do not ban the use of bitcoin, this is because that bitcoin is a very prone to illegal uses and also it can greatly affect the economy of one country, criminals can use bitcoin to transact without them being traced so easily and also it can affect the economy in a way that people will only rely on bitcoin and can make their money drop in value.

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[rodskee]

:)Bitcoin was launched in 2007. It's 12 years and still no country has approved Bitcoin ??   Huh

and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"

Almost a year since you created this thread , Now i can finally say that there is a country that accepts Bitcoin as Currency or legal tender.

and this is EL Salvador 

Now tell Warren Buffet that His word will doomed Him when Bitcoin sill be accepted worldwide .

The biggest system that makes bitcoin difficult for the state to accept is decentralization, I only think the good side of a country that banned bitcoin, if it is legalized of course there will be many problems such as internet network, transaction speed and security, remember that cases of bitcoin theft we often hear, and the state does not want to be bothered with these problems.

Lol Decentalization is also the reason why Bitcoin is now fully accepted by El salvador and seemingly to be accepted also by following countries .

[suryana]

how the government approves bitcoin whose system is decentralized and fluctuates which may not benefit the government. The government only wants to adopt something it can regulate, such as a bank. But this is much better so that bitcoin users become the main holders and can freely seek profits in my opinion than bitcoins that are regulated by the government, obviously it will have an impact on bitcoin users.

[batang_bitcoin]

Well just after a year of the question from OP. Less than a year, there's now El Salvador that has approved and now using bitcoin as a legal tender. What's more are in store for the next years to come for the other countries? We will see if at the end of this year there will be another country to adopt it as a legal tender. But with or without approval of a country as long as they don't claim bitcoin is illegal, everyone is free to use it and there is no need for any approval.

Well if I am not mistaken, there are 3 countries that already legalized bitcoin because it was followed by the El Salvador decision.
I forget the 3rd one but as far as I remember, it is El Salvador and Ukraine that already legalized bitcoin, and the third one, I did not remember.
Perhaps another year we'll pass, other countries will announce legalizing bitcoin and then other countries will follow. It is good news to us and the entire community that we are getting larger and soon bitcoin will become more expensive.

Not just three, there are many countries that are actually pro-bitcoin and they don't have to make it as a legal tender. Although it sounds better as a legal tender just like what El Salvador did.
There are countries that are crypto friendly and you've forgotten about one of the first countries that became one and one of the many, Malta. Too  many to mention actually.

[oktana]

how the government approves bitcoin whose system is decentralized and fluctuates which may not benefit the government. The government only wants to adopt something it can regulate, such as a bank. But this is much better so that bitcoin users become the main holders and can freely seek profits in my opinion than bitcoins that are regulated by the government, obviously it will have an impact on bitcoin users.

OP seem to have made this post quite long ago. But your response sounds like you're coimg from the past.(no offence though )
Crypto has been approved in quite some countries and the most recent one being that of EL Salvador in the use of Bitcoin did not only get approved/legalized but has been considered a currency for the country. Though only 4 Bitcoin ATMs in the country, the news is way bigger than ATM count!

There's Bitcoin adoption going on everyday! Countries that have banned Bitcoin will rethink and have no choice but to remove their invalid ban.

[Assface16678]

We don't need to seek everyone's appreciation in order to use BTC. Due to its decentralization, some countries are still against it and some are just allowing it without any care to it. its been a year a country now is using it as a currency not only that but some part of other country is using it for salary to its workers.

[Rehan Zakir]

Because they think no country can controls it and after 12 years this is the reason that bitcoin is being popular. And every country know its importance in our daily life and its unique decentralization concept that uses the blockchain technology for transferring coins from one wallet to another wallet. Now bitcoin is the most hot topic in search. So, buy bitcoins and hold it for future.

[Theones]

:)Bitcoin was launched in 2007. It's 12 years and still no country has approved Bitcoin ??   Huh

and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"

What you missing is, 12 years from 0$ to 60k$ and that too without any government support. Do you still feel that BTC still need any other recognition?

The biggest system that makes bitcoin difficult for the state to accept is decentralization.

Defiantly governments cant monitor and control it. That's why they are not accepting it as main stream payment system. I think governments are justified in not accepting BTC since that will take financial control from them.

[rahmatullah9305]

Yes, countries don't legalize bitcoin, but all countries in the world don't block bitcoin trading exchanges. meaning that everyone is free to use bitcoin, both long-term investment and short-term trading. if you mean bitcoin cannot replace fiat in any one country for a period of 12 years. for me, this is also not a problem. countries and bitcoins do not operate under the same legal umbrella, so countries and bitcoins are not related at all.