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Author Topic: What is Bitcoin? Will Bitcoin be traded in all countries in 2025?  (Read 804 times)
slaman29
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June 11, 2021, 10:33:28 AM
 #41

I actually believe it's probably been traded in every habitable country in the world -- whether on-chain or off-chain. P2P trades happen all the time off chain too especially before, and maybe in the future with fee spikes etc, this might happen more too (off chain, so just handing over private keys or even wallets between trusted parties).

Even where it's illegal now, people are trading it p2p:)

I travelled to some places I thought might not see sellers but even South Sudan I recall, the world's youngest country, at the height of their civil war in 2015, had one sole trader open on Localbitcoins;)

I haven't been in Bitcoin for as long as you I guess and I will always remember how you helped me many years ago, maybe you don't remember. With wallet stuff and a deposit I think in 2017 or 2016 and got me thinking about saving Bitcoin on another site but we did a p2p trade exactly just because I couldn't find a place to get Bitcoin remember?Smiley

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June 11, 2021, 11:11:42 AM
 #42

most of country use bitcoin, trade on exchanger, or just paying some stuff in real life privately. but, some country will stuck by their own rule or accident, so they cant play this coin. people will make decision to store their coin on wallet or exchanger, than get own profit, this is good than paying stuff. because it price cant stable, and people will afraid to kick them, and then in a few days, it price grow drastically.

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June 11, 2021, 11:19:09 AM
 #43

We can now feel happy because bitcoin can be used to trade in many exchanges, and this year will be a great year for bitcoin to reach more people out there to invest in bitcoin. Bitcoin will still be traded in the long term because if people can use bitcoin like they use stock, they can make money which is needed right now and bitcoin can be their new source of income. But unfortunately, not all people approve of bitcoin being used as a payment, but as long as they allow people to use bitcoin to trade, people can still use bitcoin.

Bitcoin will grow in the future and will become globally start by now. So I think sooner or later, the government will accept bitcoin as a new payment system. While bitcoin is not yet accepted in all countries, we need to earn more bitcoin before all people use it to have many bitcoins that will be ready to sell at a high price.



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June 11, 2021, 11:22:51 AM
 #44

what virtual reality , vr? that was a different thing but what do you mean is virtual currency because that was bitcoin and for your second question is if will btc be traded in the year 2025 in all countries ? we dont know  .
 there might be countries that will ban and there will be countries that will unban bitcoin but we are good right now even if btc isnt tradeable worldwide because the ratio of countries where btc is legal between country where btc is restricted is higher .
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June 11, 2021, 11:33:00 AM
 #45

~
Curious why you threw random year 2025, OP?
Is there something you're waiting at that year or is it that your country banned the utilization of Bitcoin?
Bitcoin is being traded worldwide already and yes there could be bans and regulations but it does not stop the p2p transaction from people to people.
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June 11, 2021, 11:43:49 AM
 #46

What is Bitcoin? Will Bitcoin be traded in all countries in 2025?
Bitcoin is the most advanced virtual reality that has become the most popular around the world.
Although this bitcoin is banned in some countries, most countries in the world have licenses to buy and sell bitcoin.

I don't know whether you know about bitcoin or know as you have missed the most important part of Bitcoin - "the decentralised digital form of payment" which is not under any centeral control of authority which makes it different from other and have solved the issue of double spend of coins through blockchain technology also.And the other thing what is license in buying and selling of Bitcoin?It's like you can trade Bitcoin through CEX,DEX,OTC Exchanges if it is allowed in your country or even if it is not recognised as legal tender.The only case is ban of cryptos in which you face problems in dealing in bitcoin or other altcoins.But no license is required for such buy/sell.

Countries where bitcoin transactions take place are being recognized as superior countries.
It is no such obligation that counties adopting Bitcoin are categorised as superior than others like US, Russia,China are among top countries but still they are not in favour of Bitcoin or alts as china is totally against cryptocurrencies and developing their CDBC digital Yuan.Many countries are adopting it to boost their economy and support miners but it doesn't mean they are superior than other.

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June 12, 2021, 06:34:57 PM
 #47

Bitcoin is traded in all part of the world you can buy and sell bitcoin in all part of the world the only thing I believe is that bitcoin is not legal in all part of the world and currently countries are beginning to legalize bitcoin and I believe by 2025 if not all countries will have legalize bitcoin must countries will have done that which is very goog. By then bitcoin price will have pumped massively so Try to buy and hold bitcoin now and be prepared for the future  because bitcoin is the future.

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June 13, 2021, 03:12:21 AM
 #48

you predict around 2025, so you are very enthusiastic in 2025, you ask that bitcoin be traded in all countries by 2025, if it is traded in all countries it can happen, but to legalize bitcoin in all countries I don't think so, because it is still many countries are not ready to legalize bitcoin, such as my country, Indonesia. I as a bitcoin lover I always hope that all countries can legalize bitcoin .. and bitcoin can be traded in all countries.
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July 05, 2021, 04:42:08 AM
 #49

Bitcoin is a very popular digital currency. This is because bitcoin has a decentralized system, then blockchain technology is very good. Where fees are small, transactions between countries are fast and very transparent. So I strongly believe in 2025 or future bitcoin will be more and more popular as a currency that has been legalized by every country.

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July 05, 2021, 07:52:08 AM
 #50

Even though bitcoin is against some countries, it is possible that more people will continue to trade, however this is one of the efforts to advance income, or it can be called an alternative side that is still worth to do.
If indeed Bitcoin continues to have a positive effect/impact for society... I'm sure bitcoin will continue to survive, not only until 2025, of course for the next year as well.
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July 05, 2021, 09:09:00 AM
 #51

I think it's still a long time, not all countries allow to trade bitcoin, as is the case with China which is very hard to ban bitcoin, and I think it will be difficult for China to accept bitcoin back.
It for sure it can't be traded in all countries if this will remains decentralized. Like China, they want everything to be in control with their hands, it is no way that Bitcoin will be tradable unless they will change for another leader. But for just 4 years left, it is too far from the possibility.
Maybe we could see a huge change in the crypto community in the next few years but thinking that it can be traded and accepted globally will become uncertain. Even though it wasn't be going that way, what just important is Bitcoin still having a role in the market and despite those banning, it remains valuable.



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July 05, 2021, 09:37:31 AM
 #52

Regarding What is Bitcoin, that is the most basic question and you must know the answer to that already. You've been here for almost a year already and  still you are asking this Smiley.

Now with regards to Bitcoin being traded by "all" around the countries in 2025. Take note that I put a quote on the word all because the thing now is, there are countries that are banning it already and we don't know if they will even support it or allow their country to use Bitcoin.

For some reasons, there are some countries who are banning Bitcoin but it is now 2021 and we don't know what happen 4 years from now. We might see these countries uplifting the ban or we might see more countries banning it. We don't know but lets just expect for the best. Bitcoin is becoming popular already every single day and many establishments are accepting it.

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July 05, 2021, 11:46:36 AM
 #53

Bitcoin has traded in all countries in the world...

everyone in the world can already trade Bitcoin when they are connected to the internet but to get regulation from all countries in the world I believe it's hard because strong countries like the US, UK, and China don't want their currencies to lose to Bitcoin.



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Rainbot
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radjie
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July 05, 2021, 12:28:18 PM
 #54

What is Bitcoin? Will Bitcoin be traded in all countries in 2025?
Bitcoin is the most advanced virtual reality that has become the most popular around the world.
Although this bitcoin is banned in some countries, most countries in the world have licenses to buy and sell bitcoin.
Countries where bitcoin transactions take place are being recognized as superior countries.
So I think all the countries that have been banned, those countries, if the ban on bitcoin or virtual coins is lifted, then those countries will move forward.
That is why the value of Bitcoin will go out even more.
The advantage of Bitcoin is -
Big companies can transact with Bitcoin very easily and securely. It will also increase their time and will be safe.
For this reason, the transactions of Bitcoin will increase a lot by 2025.

Bitcoin has been traded by most countries in the world, it's just that the legality of Bitcoin is still not widely accepted.  Bitcoin has been quite popular until now, most countries have traded Bitcoin legally and illegally.  most likely in the future as you mentioned in 2025 the Bitcoin community will be more and more

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maisao1991
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July 05, 2021, 01:04:20 PM
 #55

BTC is being accepted by more and more countries and I know that what you say is possible. But now many people are still afraid of the value of BTC, so it is difficult to speculate with absolute accuracy.

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July 05, 2021, 01:23:55 PM
 #56

if bitcoin is accepted in all countries by 2025, I will think whether the price of bitcoin will be stable or not, because considering that more and more people are holding bitcoin, it could be that the price of bitcoin is getting more volatile, in my estimation, everyone who works in government has adopted bitcoin, but they keep it a secret..
DarkDays
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July 05, 2021, 02:06:09 PM
 #57

It is hard to say if BTC will be traded in all countries in the future of 2025 considering that some countries like China has already taken the initiative to ban cryptocurrency to protect their own digital currency.

Not all countries governments see cryptocurrency as a innovation needed for the people, and in fact some see it as a challenge to the norm, but I'm sure many will turn around.
jitjitmew1
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July 05, 2021, 02:40:43 PM
 #58

What is Bitcoin? Will Bitcoin be traded in all countries in 2025?
Bitcoin is the most advanced virtual reality that has become the most popular around the world.
Although this bitcoin is banned in some countries, most countries in the world have licenses to buy and sell bitcoin.
Countries where bitcoin transactions take place are being recognized as superior countries.
So I think all the countries that have been banned, those countries, if the ban on bitcoin or virtual coins is lifted, then those countries will move forward.
That is why the value of Bitcoin will go out even more.
The advantage of Bitcoin is -
Big companies can transact with Bitcoin very easily and securely. It will also increase their time and will be safe.
For this reason, the transactions of Bitcoin will increase a lot by 2025.

traded already either is or its close,but if you meant popular in all countries by 2025 ? not a chance,dunno if its a good thing though,the more know,the more regulation attempts,most fail of course,but lets not play with luck
bitzizzix
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July 05, 2021, 02:46:42 PM
 #59

What is Bitcoin? Will Bitcoin be traded in all countries in 2025?
Bitcoin is the most advanced virtual reality that has become the most popular around the world.
Although this bitcoin is banned in some countries, most countries in the world have licenses to buy and sell bitcoin.
Countries where bitcoin transactions take place are being recognized as superior countries.
So I think all the countries that have been banned, those countries, if the ban on bitcoin or virtual coins is lifted, then those countries will move forward.
That is why the value of Bitcoin will go out even more.
The advantage of Bitcoin is -
Big companies can transact with Bitcoin very easily and securely. It will also increase their time and will be safe.
For this reason, the transactions of Bitcoin will increase a lot by 2025.

Bitcoin has been traded by most countries in the world, it's just that the legality of Bitcoin is still not widely accepted.  Bitcoin has been quite popular until now, most countries have traded Bitcoin legally and illegally.  most likely in the future as you mentioned in 2025 the Bitcoin community will be more and more
Everything will be a process and but by 2025 I'm not saying all countries will trade it even though there are already some countries that have legalized it and the main problem is fluctuation, instability and other issues that will be considered by each country.
if only the addition of several countries will most likely occur from time to time and will still require a long process because the legality of bitcoin as a medium of exchange and so on related to the use of bitcoin is still considered illegal in some countries.
and if the community grows it must be because there are still many who still don't know bitcoin or are hesitant and will eventually realize it over time, supported by the bitcoin price that continues to increase.

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July 05, 2021, 02:58:47 PM
 #60

It is hard to say if BTC will be traded in all countries in the future of 2025 considering that some countries like China has already taken the initiative to ban cryptocurrency to protect their own digital currency.

Not all countries governments see cryptocurrency as a innovation needed for the people, and in fact some see it as a challenge to the norm, but I'm sure many will turn around.

There will always be countries that are not up to the this new currency.
Don't expect that all countries have the same sentiments towards crypto.
But by 2025, I believe a lot of countries or majority are accepting bitcoin or crypto in their payment system.
It may be a part of the payment options as the world goes digital.
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