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Author Topic: What is Bitcoin? Will Bitcoin be traded in all countries in 2025?  (Read 804 times)
asif0990 (OP)
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June 05, 2021, 01:24:20 PM
Merited by Symmetrick (1)
 #1

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.
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June 05, 2021, 01:28:21 PM
 #2

I think bitcoin is traded in every country?

Making something illegal just means it happens more privately and is less advertised. The government's that ban crypto also might be buying it themselves or offering access to larger companies to buy it. These countries aren't really considered large economic players either imo.
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June 05, 2021, 01:55:19 PM
 #3

Why are you interested in exactly 2025? Do you already know everything that will come before?
I did not know that if all countries accept Bitcoin, they will thereby lower the value of Bitcoin, and as you write, they will become even more advanced.
Bitcoin transactions can happen anywhere.
In general, you just had to write: "I am not accepted into the bounty, since I do not have any merits"
Everything else is an empty set of sentences.

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June 05, 2021, 04:31:31 PM
 #4

What is Bitcoin? Will Bitcoin be traded in all countries in 2025?

You can learn more about bitcoin in Bitcoin Discussion section and can find the price speculation in Speculation section of the forum.
This topic & discussion does not belong to Meta.

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June 06, 2021, 05:56:06 AM
 #5

"What is Bitcoin? Will Bitcoin be traded in all countries in 2025?" better title for this thread would be "a collection of random thoughts completely unrelated to each other, unrelated even to facts, and of no rare value for the reader".

"Bitcoin is the most advanced virtual reality" XD Didn't know that bitcoin is better than Oculus or HTC VIVE

"most countries in the world have licenses to buy and sell bitcoin." Didn't know that countries needs licenses to buy and sell bitcoin. Who gives them this licenses? Satoshi ?XD

"Countries where bitcoin transactions take place are being recognized as superior countries." XD

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June 06, 2021, 06:05:25 AM
 #6

Bitcoin is the most advanced virtual reality that has become the most popular around the world.
Governments like statements like yours because the word virtual will cause fear in people and they will not invest into Bitcoin (if they have yet Bitcoin investors). Virtual is shilled by governments and government-backed media in order to prevent people accept Bitcoin and cryptocurrency.

If you love Bitcoin and cryptocurrency, please don't use this word.

Quote
Big companies can transact with Bitcoin very easily and securely. It will also increase their time and will be safe.
It is not the main cause why big companies accept Bitcoin. They accept Bitcoin or cryptocurrency on their platforms because it can help their companies attract more users and get bigger income. It is all they care about.
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June 06, 2021, 07:00:29 AM
 #7

I think bitcoin has been traded all over the country for a long time, so bitcoin has communities all over the world, but some countries may ban its distribution at the moment. And not all cryptocurrency markets exist in every country, even if it exists then it is not necessarily also effective, we often trade on binance. I'm sure everyone trades in binance.

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June 06, 2021, 07:11:36 AM
 #8

It's already been traded around the globe, 24x7x365 so we don't have to wait till 2025.

As for the countries that ban bitcoin, maybe there are still people who trade (buy/sell) under ground or P2P although there is a big risk involved because it is prohibited. And for those nations that ban bitcoin, they are missing a lot, and could be left out of the closet as bitcoin is getting recognised everywhere, from Asia to Africa.


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June 06, 2021, 07:42:41 AM
 #9

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 a lot more to go still and there will be lots of adjustments before we see it getting traded on different countries in the next few years. Considering that bitcoin is a decentralized currency, most of the governments in the world are against it that's why there are plenty of news saying that bitcoin is already banned or is about to be banned on a certain country. We should still be patient regardless of the struggles, someday soon we will see bitcoin flourish and achieve greater heights which will give us lots of benefits.
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June 06, 2021, 10:00:52 AM
 #10

What is Bitcoin? Will Bitcoin be traded in all countries in 2025?
It can be traded in all countries but what's stopping is the government rules. But I've seen people even if there's already a rule that trading cryptos is banned on their countries, there's no way their government can stop them.

That's why even it won't take 2025, bitcoin can be traded in every country. There's a ban and yet the government didn't know that their citizens can still trade it.

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June 06, 2021, 10:04:34 AM
 #11

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.
I think you are confusing things here, the countries that banned Bitcoin are usually dictatorial in nature and the people usually does not have a say and you can check out the countries that banned them and once you are under that rule who wants total domination you cannot expect those countries to be superior to developed countries. In my opinion there is no way any government can come out with any blanket ban as there are always other options to make the transaction.

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.
If you are looking at the graph on adoption it is possible that we will see a much bigger adoption in the next 5 years.
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June 06, 2021, 10:13:14 AM
 #12

We've seen a huge increase in crypto trading activities during the pandemic. There's also news saying that El Salvador announced that they would make Bitcoin a legal tender; we might see some insights from their implementation.

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June 06, 2021, 11:17:37 AM
 #13

Will Bitcoin be traded in all countries in 2025?
~Snipped~
For this reason, the transactions of Bitcoin will increase a lot by 2025.
Based on everything that you posted, I don't think there's an indication for such an event [second sentence] to occur in the year 2025 [none of it made sense, while the remaining parts were already quite obvious].
- FYI, BTCitcoin is already being used/traded in almost all of the countries.

Bitcoin is the most advanced virtual reality that has become the most popular around the world.
That's not the appropriate way to describe BTCitcoin.

Countries where bitcoin transactions take place are being recognized as superior countries.
By who exactly?

It will also increase their time and will be safe.
How?

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June 06, 2021, 11:33:42 AM
 #14

Almost every country have got people using bitcoin and other cryptocurrencies. As of now very few countries have legalized the usage of cryptocurrencies, whereas majority of the governments are still into discussion on regulating the usage. With time the adoption level have increased, so we can expect massive changes to happen in the falling years in terms of usage and trading.

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June 06, 2021, 02:52:35 PM
 #15

It's already on mainstream mate and used as a medium exchange in most countries even though there are some governments that banned or restricted Bitcoin but still, their people can be traded on it using a decentralized exchange.  You can check here which countries were banned Bitcoin, but AFAIK, people can still use Bitcoin anytime as they want and banning isn't a barrier to them to use Bitcoin.

It seems it's clear now that Bitcoin has been already traded by anywhere around the world and the adoption will have an infinite growth day by day because of its popularity.  No doubt that those institutional investors will follow among others who had been adopted Bitcoin already because they saw how potential it is and also uisng as a e-money Bitcoin is the best choice.

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June 06, 2021, 06:19:48 PM
 #16

I think word "traded" by OP means we trade bitcoin to a thing or maybe to be payment. Because a guy with that much of posts must already know about bitcoin and exchanges and will know if there are internet means we can trade bitcoin (to alts or fiat) in digital section, but usually people made thread like this to ask if bitcoin can be used as currency or maybe use as world's central payment in future. I think will have very small chance to made bitcoin as payment, regulation and adoption progress will need more time than that.

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June 09, 2021, 07:26:09 AM
 #17

In order to be traded legally in every country, bitcoin has to be accepted by all governments. So far it's clear that majority of governments are not much in favor of decentralized bitcoin rather centralized currencies. Thats one aspect the other side is bitcoin is a complete financial system in itself that is backed by its own community. As long as community is there btc don't need support of governments.
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June 09, 2021, 07:38:45 AM
 #18

In order to be traded legally in every country, bitcoin has to be accepted by all governments. So far it's clear that majority of governments are not much in favor of decentralized bitcoin rather centralized currencies. Thats one aspect the other side is bitcoin is a complete financial system in itself that is backed by its own community. As long as community is there btc don't need support of governments.
We don't have to worry too much about it though, if they are still neutral then it could work in our favor because there will be no regulations or bans that will make bitcoin a bit of a pain for the users, for me this is the best for bitcoin, unregulated and untouched by government because we all know what happens when the government touches something precious, it turns into shit. By 2025, I am sure that it will still be traded.
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June 09, 2021, 01:57:28 PM
 #19

Bitcoin is already traded p2p in every country of the world despite all the bans and regulations governments and dictators have, but my prediction is that most country will adopt Bitcoin the same way like they adopted gold.
By 2025 Bitcoin will probably be used as backup for main currencies and it would be much easier and faster to trade with Bitcoin than it is with gold.
People need to realize that nobody can stop them if they want to separate money from state and use Bitcoin for that.

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June 09, 2021, 02:05:12 PM
 #20

Bitcoin is already traded p2p in every country of the world despite all the bans and regulations governments and dictators have, but my prediction is that most country will adopt Bitcoin the same way like they adopted gold.
By 2025 Bitcoin will probably be used as backup for main currencies and it would be much easier and faster to trade with Bitcoin than it is with gold.
People need to realize that nobody can stop them if they want to separate money from state and use Bitcoin for that.

^^^ This.

The OP could have rephrased his question to something like this - Will Bitcoin be traded (legally) in all countries by 2025? I am skeptical about it. There are large number of countries, where Bitcoin users face harassment. India, China and Nigeria are a few well known examples. I would say that a more realistic target would be to have Bitcoin legal in a majority of the countries by 2025. There are a total of 193 member states of the United Nations (UN). I would be happy if 97+ of these countries make Bitcoin legal in their jurisdictions.
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