12 years and no country has approved Bitcoin ??

[Chris Barth]

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

Who said so? A few of these countries have allowed their citizens to deal with crypto. Just that they won't publicly declare it.

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

And what? You're agreeing with that already? Judging from it's present movement, it doesn't seem to be going wrong. So this isn't something to rely on.

[Hemady17]

:)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"

There is a good reason behind this, bitcoin is a decentralized coin. It means that it can't be controlled by the government. The government of each country wants to control everything they approved or allow inside their country, and since it is impossible for them to control it, they can't just approved it.

Due to corruption and fear to expose everything in public, they tend to avoid regulating bitcoin. In fact, there are countries that banned bitcoin instead of accepting it. I am just happy from what my country right now because we are crypto-friendly country. There are many things that bitcoin gives to the people such transparency and decentralized but it won't work with government officials aside from making it a store of their corrupted money.

[Alisha-k]

Bit coin been a decentralized currency cannot be legalized in any country and as such its value still remain digitally controlled

[peter0425]

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

Lol there are some country that has been friendly to bitcoin so why need for adoption when we can still use this though there are countries that banned this yet some still not.

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

So you believe in Buffet?so better Join His Investment channel and learn from him,and GET OUT OF HERE because you are not helping this market instead you are putting FUD.

[Josefjix]

If any country approves it for anything aside payment gateway. They've destroyed the purpose of Bitcoin. What type of approvement are you seeking?

[Thavash]

Iran has just approved Bitcoin for their global trade. This is massive news that isn't getting as much publicity as it should ( perhaps because its Iran ). What people don't realize - you need partners to trade with accepting your common currency - so a bunch of countries out there HAVE APPROVED receiving Bitcoin FROM Iran AS WELL. This is massive - refer to this - https://youtu.be/7BxFFUysqGw

[Blackrain13]

:)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"

Well, that's because bitcoin is decentralized digital currency and every government has already their own currency. The important is, even government didn't approve bitcoin , it is still very useful and it also use as a source of income.

[pinggoki]

2nd richest man "Warren Buffet" said "bitcoin will end up badly"

Just think about it, Mr. Warren Buffet just said it sarcastically but in that manner the real people who are trusting and know what cryptocurrency nor the bitcoin is back then knows that Bitcoin will not end up badly and we are all witness on the bull run of this bitcoin way back 2017, so we are already knowledgeable about what is this bitcoin and we already know that this bitcoin will not end badly just what Mr. Warren Buffet says.

[Indymoney]

:)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"

Well, that's because bitcoin is decentralized digital currency and every government has already their own currency. The important is, even government didn't approve bitcoin , it is still very useful and it also use as a source of income.

This is really poor and bad thing from many country even in developed countries they fail to give requried place due to Bitcoin's decentralization but one thing is good now many countries working on their own digital currency and this can help to bring some good revolution in this era even these countries are not going to give any respect to bitcoin which its deserved as just because of fear and some other serious factors which they have to face after bringing bitcoin in framework.

[3meek]

Iran became the first country in the world to recognize Bitcoin! They will use Bitcoin mined by local miners to avoid U.S. sanctions...
But these are rather forced measures ... I do not think that most countries will start to use Bitcoins formally...

[BAGOBO]

:)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"

Paypal accepting buy and sell cryptocurrency hasn't made you sure?
With PayPal accepting cryptocurrency, this will encourage banks to open and accept cryptocurrency. In my country, the government has offended and suggested trading and investing in Bitcoin.

[bitcoin31]

Actually there is more country who is recognized the bitcoin including my country Philippines even they did not approve this coin the good with that government are not against to the bitcoin and Im okay with that . Until now there is no bad happen to the bitcoin because right now is doing great and better compared to the last two years ago and I don't believe to the person you mentioned.

[budi691]

I am sure there will be no country that wants to use Bitcoin to replace the country's currency, but if there are countries that legalize Bitcoin as a trading tool, many countries have legalized Bitcoin.

[LogitechMouse]

:)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 do you mean when you are saying approved by a country??

Every country has an approved currency already and that is the fiat currency right now. Every country has 2 choices, either they accept it or reject the people to use Bitcoin and so far most of the countries are allowing Bitcoin to be used although there are some who are against it.

Bitcoin will end up badly?? It has been 2 years since he said that but it seems that what he said is the exact opposite of what he said .

[oktana]

:)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"

Because every country already has a currency.
And i've heard,Japan Korea Russia Legalize bitcoin.
But I am very sure, someday more than 100 countries will Legalize bitcoin

[Dorodha]

If Bitcoin is supported by the entire world then its transaction will become much easier. The demand for digital currency will increase within the world. Bitcoin may be a medium of exchange where you'll own a virtual digital currency called Bitcoin at will and transfer it online as you would like. But during this case there's no got to attend any bank or the other sort of financial institution. Many countries don't approve of account balances because they are doing not require a central authority.

[plast555]

:)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"

Bitcoin was created in 2009, not 2007. Warren Buffet said bitcoin would end up badly? That means he knows nothing he is saying, after his bad speeches and hatred for bitcoin, bitcoin has been surviving and more adopted.

Exactly. what Warren Buffet Said about bitcoin means nothing for bitcoin and blockchain. he has no idea what he was saying. he is not a tech guy. he himself admitted that he don't know how to use computer and the only computer he had was a old computer just for calculation purpose.
and I can list a dozens of other quotes From other known personally about Bitcoin and how blockchain technology is important for future.

[cdog]

:)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"

Because every country already has a currency.
And i've heard,Japan Korea Russia Legalize bitcoin.
But I am very sure, someday more than 100 countries will Legalize bitcoin

What do you say?
The requirement to establish a country is to have a fiat currency.
Cryptocurrency is unlikely to replace fiat money. The price of Bitcoin can be listed and calculated because of fiat money (btc-usd or etc)
there are already 5 countries that accept Bitcoin, Swiss, America, Malta, Singapore, Japan.

[bryant.coleman]

What do you mean by "approve" BTC? Do you want the governments to dump their national currencies, and make Bitcoin legal tender? I am afraid that it will never happen. That said, dozens of countries have fully legalized Bitcoin, either as an investment asset, or as a currency. Dozens more are likley to do it in the coming years. As of now, this is the maximum that we can expect.

[finaleshot2016]

I don't get the meaning of approve to you? If you mean massive adaptation then there's still no country has done it yet. Of course, they will not adapt or use the cryptocurrency to their economic system if they can't control it. Why would you risk your country on an asset that has volatility.

Many people are already using it in different countries but as an asset only to grow money. Also, I don't think bitcoin will end up badly if you look on the market price right now.