What is the future of bitcoin without powerful nations?

[Blisszi]

I guess bitcoin is suffering price depreciation because of most renowned countries like China, US and Africa demoting it values with their economy influence. Most of this nations shares on bitcoin are on high pedal, since they withdrew from investing their state capital and refused to support the existence of bitcoin, the price has not seen a better chance of pumping soon.

In future, it might be different but what if this nations keep strong kicking against bitcoin without reprojected their economy resources, will bitcoin survive for a long time?

What do you is the future of bitcoin at this point?
Do nations or people have power over bitcoin price regulations?
What is your speculation if bitcoin keeps revaluing in price?
Do you see a good outlook soon?
Let's argue your points.

[naira]

In future, it might be different but what if this nations keep strong kicking against bitcoin without reprojected their economy resources, will bitcoin survive for a long time?.

Precisely Bitcoin would be better and freer without these capitalist countries. That way we feel the future of Bitcoin will still continue to contribute to us in general. Don't get me wrong when a country like China controls something means control is no longer yours. Whether there is adoption by countries, Bitcoin remains an asset that will be adopted globally. If you look at Africa now, you might miss a lot because African countries are much more Bitcoin-friendly now. For example, the Central African Republic is the second country after El Salvador to establish a bitcoin legal tender.

[dezoel]

I think the future of Bitcoin will be as bright as a star in the sky. Countries of people don't generally have power over bitcoin or to control it's price movements, what moves the price of bitcoin is the forces of buying or selling. Buying force drives the price to grow while heavy selling results in a significant drop. That is the only way an entity or a central authority can make an impact if they are putting heavy pressure either on buying or selling of the coin.

But despite that, I don't see any of that stopping Bitcoin from entering the future with a newer and better position from the previous one, and by position I mean a price that is higher than it's previous ATH.

[KennyR]

Bitcoin isn't developed to be used by any particular country or corporate network. The technology can be used anywhere and bitcoin is developed with the objective to remove the middle man. Here growth depends upon the common people, more the usage more will be the growth. At times mass adoption happens when positive moves taken from the large economies. It means they've got control over the market to some extent which can't be denied. But the users are key elements.

[GreatArkansas]

What do you is the future of bitcoin at this point?
Do nations or people have power over bitcoin price regulations?
(...)

For me, this kind of issue will not matter at all since Bitcoin was created to be decentralized like everyone can use Bitcoin. So for me, this is not the point at all because even how powerful a nation is it can't control Bitcoin, they can't take down Bitcoin or what.

[jossiel]

What do you is the future of bitcoin at this point?

The future of bitcoin with or without those nations that don't like bitcoin is still in great shape. We can have a reset and a new start without them as that's where bitcoin have came from.

Do nations or people have power over bitcoin price regulations?

The nations can do influence the price of bitcoin and the same goes for the people that have a huge influence in certain markets. Anything they say can truly heavily influence the price whether it's good or bad but, usually, it's all about the bad news or statements.

What is your speculation if bitcoin keeps revaluing in price?

It's a normal thing for bitcoin. We'll have to wait until the next halving and when it's done, you'll see how great the value would be.

Do you see a good outlook soon?

Why not? I'm not worried at all.

[uneng]

Countries like USA and China have great influence in bitcoin's price. As we have seen, always an impacting news come from those countries, like China has banned bitcoin or US has raised interest rates, we also see an effect over bitcoin, usually negative.

On the other hand, I've never seen any influence of such strength coming from any african nations regards bitcoin, so I really don't understand why you added Africa in your post.

What is your speculation if bitcoin keeps revaluing in price?
Do you see a good outlook soon?

Despite the negative influence powerful nations have over bitcoin, there is still a bright future for the digital currency, as supply gets more scarce, mining difficult increases, fiat loses purchasing power and centralized institutions lose credibility with the public.

[darewaller]

What do you is the future of bitcoin at this point?
Do nations or people have power over bitcoin price regulations?
(...)

For me, this kind of issue will not matter at all since Bitcoin was created to be decentralized like everyone can use Bitcoin. So for me, this is not the point at all because even how powerful a nation is it can't control Bitcoin, they can't take down Bitcoin or what.

Yeah, they can't control Bitcoin but they can still be able to ban Bitcoin so that no one on their country can use it. What do you think can happen after this? Well, there will be no more adoptions so the price will either be stagnant or it will decline since a Bitcoin being banned in some nations is a kind of bad news and we all know that there are people who panic sells after they hear such news.

I just want to say that talks like this matters a lot because it can make or break Bitcoin. We don't know if what future awaits with Bitcoin but at this point, Bitcoin is now doing great and we expect that it will perform better these upcoming months and years.

[wheelz1200]

I guess bitcoin is suffering price depreciation because of most renowned countries like China, US and Africa demoting it values with their economy influence. Most of this nations shares on bitcoin are on high pedal, since they withdrew from investing their state capital and refused to support the existence of bitcoin, the price has not seen a better chance of pumping soon.

In future, it might be different but what if this nations keep strong kicking against bitcoin without reprojected their economy resources, will bitcoin survive for a long time?

What do you is the future of bitcoin at this point?
Do nations or people have power over bitcoin price regulations?
What is your speculation if bitcoin keeps revaluing in price?
Do you see a good outlook soon?
Let's argue your points.

This has been going on for the entire lifespan of bitcoin so far.  Whether or not a particular country "bans" it will only have a short term negative effect.  Ultimately bitcoin and crypto as a whole are so successful at this point that if a country does not hop on they will be left behind.  I think it's already to late for any of these countries to completely let go and risk being behind the technological curve.  Stay on or get off we leaving the station with or without you!!

[romero121]

Powerful nations have contributed good to the growth of bitcoin. In specific I've experienced the participation of China in the recent years and later it went for a complete ban which is unexpected. The goodness depends on the users, amidst all the negative incidents that had happened out of the powerful nations we were able to see good progress in the cryptomarket. So, it is not about the powerful nations, but the people who decides the market. Powerful nations could help with the mass adoption which can make a wider market for bitcoin.

[kotajikikox]

I guess bitcoin is suffering price depreciation because of most renowned countries like China, US and Africa demoting it values with their economy influence.

it may or not , but the best thing here? is that bitcoin is staying its position this now.

Most of this nations shares on bitcoin are on high pedal, since they withdrew from investing their state capital and refused to support the existence of bitcoin, the price has not seen a better chance of pumping soon.

wait, does US and Africa totally abandoned bitcoin? isn't over statement?

In future, it might be different but what if this nations keep strong kicking against bitcoin without reprojected their economy resources, will bitcoin survive for a long time?

it will , because there are more countries in the future that will adopt this , not because some are not.

What do you is the future of bitcoin at this point?
Do nations or people have power over bitcoin price regulations?
What is your speculation if bitcoin keeps revaluing in price?
Do you see a good outlook soon?
Let's argue your points.

nothing is consistent to answer those question, it will happen eventually .

[dansus021]

the future bitcoin still great without powerful nations in fact bitcoin birth because crisis that happen in 2008 bitcoin basically try to fix the nation problem. even bunch of regulation bitcoin keep stronger take example of china, their country ban crypto but there is a lot of people/user still use the crypto.

in my opinion a good nation should regulate crypto in "better" way

[redsun114]

I wouldn't say that china, USA and "Africa" has the same approach to it. First of all China tries to ban it as much as they can, that's true, but USA doesn't, they allow crypto investments and even crypto companies, hell coinbase is a stock market listed company at this moment, you don't get more allowed than that. On the other hand, Africa is a continent, not a nation and each nation in Africa has a different approach to it so we can't just say it like it's one thing, some like it, some don't.

So as you can see, the world is not approaching it all at once with the same view, there will be some nations who support it, and there will be some nations who are against it.

[WatChe]

Bitcoin despite too much opposition from big powers BTC is still holding its ground. Bitcoin it will continue to progress since it has a strong community that backs it up. In its one decade long journey there is no single big power that has accepted bitcoin in its decentralized state. Still we saw Bitcoin going from zero to 67k$ in one decade. I have no confusion in saying that big powers will continue to oppose Bitcoin and Bitcoin will keep going up due to backing of community that is distributed globally.

[Silberman]

I guess bitcoin is suffering price depreciation because of most renowned countries like China, US and Africa demoting it values with their economy influence. Most of this nations shares on bitcoin are on high pedal, since they withdrew from investing their state capital and refused to support the existence of bitcoin, the price has not seen a better chance of pumping soon.

In future, it might be different but what if this nations keep strong kicking against bitcoin without reprojected their economy resources, will bitcoin survive for a long time?

What do you is the future of bitcoin at this point?
Do nations or people have power over bitcoin price regulations?
What is your speculation if bitcoin keeps revaluing in price?
Do you see a good outlook soon?
Let's argue your points.

Bitcoin was designed with the idea of not needing the support of the governments or banks, so it changes nothing if governments decide to ban it or to regulated it heavily, bitcoin and the people that support it will always find a way to keep themselves in the game, now this would without a doubt slowdown the adoption of bitcoin and with it its growth as well, but it will not affect how it works, which at the end is what makes bitcoin valuable and a useful tool for all of us.

[TimeTeller]

Bitcoin despite too much opposition from big powers BTC is still holding its ground. Bitcoin it will continue to progress since it has a strong community that backs it up. In its one decade long journey there is no single big power that has accepted bitcoin in its decentralized state. Still we saw Bitcoin going from zero to 67k$ in one decade. I have no confusion in saying that big powers will continue to oppose Bitcoin and Bitcoin will keep going up due to backing of community that is distributed globally.

A very good example was when China, with economic power, made a ban on btc and crypto in general.
Yes, it had an impact at that moment, but look at where we are now, btc is still going strong.
With this scenario, it means, btc doesn't need backing from big powers, it will continue to exist as long as there is community supporting this market.
As we have observed, this market doesn't need powerful nations to survive, but of course endorsement from them would boost the adoption.

[o48o]

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What do you is the future of bitcoin at this point?
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Big countries have always caused fear uncertainty and doubt for bitcoin's future. And for a good reason. If they ban fiat money pairs from cexes or freeze any fiat money that is originated from bitcoin trading, we are pretty much over and back to p2p trading.

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Do nations or people have power over bitcoin price regulations?
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I don't understand the question. Nations can't decide what the bitcoin price is. People are doing it by trading it.

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Do you see a good outlook soon?
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Definitely, i've seen the fear of the markets before and it's always been similar before the rise.

[abel1337]

Bitcoin despite too much opposition from big powers BTC is still holding its ground. Bitcoin it will continue to progress since it has a strong community that backs it up. In its one decade long journey there is no single big power that has accepted bitcoin in its decentralized state. Still we saw Bitcoin going from zero to 67k$ in one decade. I have no confusion in saying that big powers will continue to oppose Bitcoin and Bitcoin will keep going up due to backing of community that is distributed globally.

A very good example was when China, with economic power, made a ban on btc and crypto in general.
Yes, it had an impact at that moment, but look at where we are now, btc is still going strong.
With this scenario, it means, btc doesn't need backing from big powers, it will continue to exist as long as there is community supporting this market.
As we have observed, this market doesn't need powerful nations to survive, but of course endorsement from them would boost the adoption.

I remember how china ban cryptocurrency many times and doing it repeatedly to affect the market and lifting it again but over the time people adopted and the market changes slow downs as there are speculations that china is accumulating their own bitcoin after their crypto bans. This might happen again but on different powerful nation, It would be temporary but there's a chance that they will take the opportunity to buy then lift the ban again. I agree that bitcoin exist without the help of big countries  but I think that sooner or later we  will come to a situation where big nations will be the one who will accumulate bitcoin as there additional or alternative reserves.

[btc78]

Bitcoin isn't developed to be used by any particular country or corporate network. The technology can be used anywhere and bitcoin is developed with the objective to remove the middle man.

indeed, yet some countries wanted to take this as their own or else they will hate it things that made crypto or bitcoin to be harder being adopted ,  but with all of us supporting and using instead of keeping as holding? then the chance of adaptation will happen SOon.

Here growth depends upon the common people, more the usage more will be the growth. At times mass adoption happens when positive moves taken from the large economies. It means they've got control over the market to some extent which can't be denied. But the users are key elements.

well , it is demand and supply , the more people demanding is the more supply needed and the price will increase.
market will continue as this because we have seen this happening up to now.

[Silberman]

Bitcoin despite too much opposition from big powers BTC is still holding its ground. Bitcoin it will continue to progress since it has a strong community that backs it up. In its one decade long journey there is no single big power that has accepted bitcoin in its decentralized state. Still we saw Bitcoin going from zero to 67k$ in one decade. I have no confusion in saying that big powers will continue to oppose Bitcoin and Bitcoin will keep going up due to backing of community that is distributed globally.

A very good example was when China, with economic power, made a ban on btc and crypto in general.
Yes, it had an impact at that moment, but look at where we are now, btc is still going strong.
With this scenario, it means, btc doesn't need backing from big powers, it will continue to exist as long as there is community supporting this market.
As we have observed, this market doesn't need powerful nations to survive, but of course endorsement from them would boost the adoption.

Correct, the adoption of bitcoin by governments will boost adoption and the awareness in that country, but it is not a requisite for bitcoin to survive or to thrive, bitcoin can survive without the support of the government or even if it is made illegal, as it is the case in some countries already, so people should not be too worried about this, especially if they live in a country in which bitcoin is legal to use and they are not going to face any persecution because of it.