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Author Topic: What is the future of bitcoin without powerful nations?  (Read 462 times)
Silberman
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March 12, 2023, 02:04:49 AM
 #61

There will always be powerful nations that will support it. If for nothing else, just one big nation disliking it would be enough for the other power to take it up just to spite the other one. Lets assume USA says bitcoin is terrible, Russia and China will say it's awesome, if they say it's terrible, USA will say it's awesome.

Basically there will always be powerful nations that hate each other, the most powerful nation in the world position is always up for grabs and everyone tries to get it, and that is why I have to say that it is not going to be simple for everyone to hate it at the same time, there will be at least one of them that will accept and like it.
Exactly, every single government out there is looking at their own interests and even if somehow the most powerful countries around the world could come to an agreement and banned bitcoin there will be many smaller countries that will be willing to adopt it and receive all kind of investments because of this decision, so there will always be some countries willing to break the ranks and accept bitcoin even if this means receiving some heat by those powerful countries.
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March 13, 2023, 12:50:34 AM
 #62

Bitcoin will never disappear from the market. Maybe powerful countries rejected Bitcoin for a while but people all over the world are accepting Bitcoin. You will find many countries in the world that have not legalized Bitcoin but are buying and selling Bitcoin in those countries. A few days ago a news broke that a home owner in Portugal will be selling his house through a Bitcoin transaction. This is really a very positive news. I think bitcoin will never end its existence rather bitcoin will take better position as time changes.

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bitterguy28
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March 13, 2023, 04:36:49 AM
 #63

in my opinion if the internet and digital currencies continue to develop and be used then bitcoins and altcoins will continue to exist and survive, just like money or goods that are commonly used, they will continue to exist when people need them.
not much different from bitcoin, and what I see from year to year bitcoin continues to rise.
internet will never leave the  world mate so expect this to exist even in your 5th generation , and of course the cryptocurrencies? though those project only that has potential future and updating will remain strong and serving people.

I believe that of course the strong countries can still affect the existence of crypto but we must remember that we as people will have the strong part in this existence as we will continue to support and use.

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March 13, 2023, 06:48:56 PM
 #64


internet will never leave the  world mate so expect this to exist even in your 5th generation , and of course the cryptocurrencies? though those project only that has potential future and updating will remain strong and serving people.


First thing what is damged in war is Telecom and such.

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March 13, 2023, 10:32:05 PM
 #65

Bitcoin will never disappear from the market. Maybe powerful countries rejected Bitcoin for a while but people all over the world are accepting Bitcoin. You will find many countries in the world that have not legalized Bitcoin but are buying and selling Bitcoin in those countries. A few days ago a news broke that a home owner in Portugal will be selling his house through a Bitcoin transaction. This is really a very positive news. I think bitcoin will never end its existence rather bitcoin will take better position as time changes.
Although that's not new that there have been sales of properties that have been conducted through bitcoin we don't have the stats of it on what's the percentage of success rate from those sales. But other than that, if someone is willing to sell his house for bitcoin then that means that it's still under a government where the sale resides. It's true that even some countries don't like bitcoin and place some strict protocol of stopping transactions made from it, they just can't stop the people from other borders of the world that keeps on doing where they're free to do it as much as we can. The future of bitcoin isn't going to rely on the government because even if some legalities will not be made for its usage, people will still invest and use it no matter what the sanctions may be.

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March 14, 2023, 05:21:37 PM
 #66

whether for the last 12 years, bitcoin depend on powerful countries? the answer is of course not, and that is what will happen in the next 10 or 100 years. bitcoin will continue to exist even without or with the support of a strong state because the bitcoin community itself is very strong.

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March 15, 2023, 05:35:25 PM
 #67

whether for the last 12 years, bitcoin depend on powerful countries? the answer is of course not, and that is what will happen in the next 10 or 100 years. bitcoin will continue to exist even without or with the support of a strong state because the bitcoin community itself is very strong.
The concept of bitcoin is so revolutionary that even now people have troubles understanding it, while fiat currencies are created by those at the very top of the totem pole and the rest of the population has no option but to use them or be penalized, bitcoin is a currency which adopts the opposite approach, bitcoin receives its support from the people that use it as each one of us does so willingly, so while some support from the government would be nice, we do not really need it.
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March 15, 2023, 07:17:02 PM
 #68

we are in an era where crypto is easy, it will make it easier for people to do anything, great scientists continue to develop trials to make this world a better place. maybe in the next 10 years there will be technology created from cyrpto or blockchain networks that will make us better. Elonk Musk is also interested in the crypto world and supports it
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March 15, 2023, 08:45:38 PM
 #69

China doesn’t have much influence on BTC, because a lot of things related to crypto have long been banned there. Since then, their government’s actions and news on China’s underground crypto industry are no longer very negative.
And Africa is not a country at all, it’s a continent. There are 62 states. They can’t act in unison, either against or in favour of BTC.
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March 15, 2023, 10:04:07 PM
 #70

The concept of bitcoin is so revolutionary that even now people have troubles understanding it, while fiat currencies are created by those at the very top of the totem pole and the rest of the population has no option but to use them or be penalized, bitcoin is a currency which adopts the opposite approach, bitcoin receives its support from the people that use it as each one of us does so willingly, so while some support from the government would be nice, we do not really need it.
People who actually find it difficult to understand the revolutionary concept of bitcoin, are those who don't really care about bitcoin or those who think that bitcoin is just a parasite or an asset that won't be valuable in the future. and also because of bitcoin risk with high volatility.
Even though bitcoin implements technology that is needed by everyone.

Developed countries are starting to accept bitcoin but some developed countries are also banning bitcoin, this is due to the impact on bitcoin technology which is decentralized, cannot be regulated by anyone and is also too transparent.

Supported or not by a strong country, bitcoin will still grow as a revolutionary digital currency due to the support of a strong community.
The government can only prohibit it through the regulations they apply, and cannot stem the growth of bitcoin.

 
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