What is the future of bitcoin without powerful nations?

[yhiaali3]

Certainly, the future of Bitcoin will be much better without the intervention of the governments of powerful countries. These governments are trying to impose their control over Bitcoin because they simply reject decentralization and want to keep their control over everything.

But on the other hand, Bitcoin cannot have a good future without the approval of governments to accept Bitcoin as a currency, at least, because without the approval of governments, people will remain in danger and work in secret so that they will not be discovered, so it is very necessary for governments to recognize Bitcoin in order for Bitcoin to flourish and people can work freely.

[Charmekkd]

bitcoin is not specifically for a particular country but bitcoin is made for people who are interested in investing in it, so in my opinion bitcoin will not fall because it is not controlled by the state but by enthusiasts, so in my opinion bitcoin for the future certain be bright.

[btc78]

bitcoin is not specifically for a particular country but bitcoin is made for people who are interested in investing in it, so in my opinion bitcoin will not fall because it is not controlled by the state but by enthusiasts, so in my opinion bitcoin for the future certain be bright.

Why keep asking about  bitcoin to be investment when the truth is Bitcoin is to be used as currency and not just for investment and Holding  because it is given right?

cryptoCURRENCY so how do you call this always as investing material?
and also as enthusiast word? I rather call it as believer lol.that is bitcoin.

[MusaPk]

Certainly, the future of Bitcoin will be much better without the intervention of the governments of powerful countries. These governments are trying to impose their control over Bitcoin because they simply reject decentralization and want to keep their control over everything.

But on the other hand, Bitcoin cannot have a good future without the approval of governments to accept Bitcoin as a currency, at least, because without the approval of governments, people will remain in danger and work in secret so that they will not be discovered, so it is very necessary for governments to recognize Bitcoin in order for Bitcoin to flourish and people can work freely.

Bitcoin is designed against the financial system that is abusing the consumers for centuries. Since the financial system is under direct control of government, that's the prime reason why they are against the bitcoin.
I don't think Bitcoin is in danger because of opposition from government side. See how much bitcoin has progressed despite opposition from governments. Bitcoin is not only censorship resilient but also government opposition resilient.     

[$anounimus$]

Certainly, the future of Bitcoin will be much better without the intervention of the governments of powerful countries. These governments are trying to impose their control over Bitcoin because they simply reject decentralization and want to keep their control over everything.

But on the other hand, Bitcoin cannot have a good future without the approval of governments to accept Bitcoin as a currency, at least, because without the approval of governments, people will remain in danger and work in secret so that they will not be discovered, so it is very necessary for governments to recognize Bitcoin in order for Bitcoin to flourish and people can work freely.

Bitcoin is designed against the financial system that is abusing the consumers for centuries. Since the financial system is under direct control of government, that's the prime reason why they are against the bitcoin.
I don't think Bitcoin is in danger because of opposition from government side. See how much bitcoin has progressed despite opposition from governments. Bitcoin is not only censorship resilient but also government opposition resilient.      

I guess Bitcoin will get better space soon. Slowly the government will support the presence of Bitcoin, but of course with very clear rules and not mutually detrimental to the financial system that is being run by the government itself.

Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva warned that crypto assets, aka cryptocurrencies, must be a concern for policy makers in the world. Because, without strong rules, the turmoil of these digital commodities risks causing national and world financial stability.

Meanwhile, United States Secretary of Finance Janet Yellen on different occasions said that she did not recommend direct banning of activities related to cryptocurrencies.

source:
https://www.google.com/amp/s/m.bisnis.com/amp/read/20230227/94/1631937/imf-beri-kode-soal-asset-kripto-alias-cryptocurrency

[Reatim]

Bitcoin is designed against the financial system that is abusing the consumers for centuries. Since the financial system is under direct control of government, that's the prime reason why they are against the bitcoin.
I don't think Bitcoin is in danger because of opposition from government side. See how much bitcoin has progressed despite opposition from governments. Bitcoin is not only censorship resilient but also government opposition resilient.      

maybe they are successfully rejecting the advantage of bitcoin for the people but till when? nowadays people are learning and learning about the advantage of decentralization and with those? Government in the future will have no choice but to admit that fact and let people use and support crypto.
I know that this will take time but eventually it will happen.
as we are now counting more and more people getting inside this market and investing and using crypto as transaction payments.

[asriloni]

bitcoin is not specifically for a particular country but bitcoin is made for people who are interested in investing in it, so in my opinion bitcoin will not fall because it is not controlled by the state but by enthusiasts, so in my opinion bitcoin for the future certain be bright.

I think that you should not forget that if the value of bitcoin was coming from the demand to buy it. You can try to take some data when people from the powerful nation have not yet adopted bitcoin. The price was very low. It has ever been worth a few dollars only.
A different thing happened when so many people from powerful nations came to adopt bitcoin. Powerful nations have better economic conditions compared to non-powerful countries.

The demand was driving the price to go up. People from wealthy countries will be able to give more value to bitcoin than people from poor countries. Big demand x limited supply = value increase
The same thing is just also happening with altcoin.

[Silberman]

Certainly, the future of Bitcoin will be much better without the intervention of the governments of powerful countries. These governments are trying to impose their control over Bitcoin because they simply reject decentralization and want to keep their control over everything.

But on the other hand, Bitcoin cannot have a good future without the approval of governments to accept Bitcoin as a currency, at least, because without the approval of governments, people will remain in danger and work in secret so that they will not be discovered, so it is very necessary for governments to recognize Bitcoin in order for Bitcoin to flourish and people can work freely.

It could happen but the only way I see governments accepting bitcoin as completely as you want is for the economy to crash so hard that people begin to use bitcoin out of necessity, then the governments will try to fight it and the people will resist and then force the hand of the government, now some may think this is too much and that such a scenario may never happen, but it is the only way to gain the adoption we want as otherwise people are going to keep using fiat despite all the disadvantages that it brings to them.

[lixer]

Bitcoin is designed against the financial system that is abusing the consumers for centuries. Since the financial system is under direct control of government, that's the prime reason why they are against the bitcoin.
I don't think Bitcoin is in danger because of opposition from government side. See how much bitcoin has progressed despite opposition from governments. Bitcoin is not only censorship resilient but also government opposition resilient.      

maybe they are successfully rejecting the advantage of bitcoin for the people but till when? nowadays people are learning and learning about the advantage of decentralization and with those? Government in the future will have no choice but to admit that fact and let people use and support crypto.
I know that this will take time but eventually it will happen.
as we are now counting more and more people getting inside this market and investing and using crypto as transaction payments.

I think it can still run for a couple of years up until many countries have successfully adopted Bitcoin and that is the time they will re-consider their decisions if they will now unban BTC or not. I think Majority of the people nowadays joined Bitcoin because of the potential profit that it can give to them and only a few of these people care about its decentralized feature but I guess that was still fine as buying and hodling was still an act of supporting Bitcoin.

We already saw how Bitcoin climb up to $69k last time. If only not because of the bear market, it still can reach for more. This only shows that BTC can do well without the help of other powerful nations.

[livingfree]

We already saw how Bitcoin climb up to $69k last time. If only not because of the bear market, it still can reach for more. This only shows that BTC can do well without the help of other powerful nations.

That's the peak of the cycle and that's fine, it's a lot of gain already and we have to see it gain more for the next bull run. Yeah, we want to see it grow more but that's the highest that it can make.

And even without the help of nations, powerful or not, bitcoin will still be able to make it even if we're the only one staying in the market. There might not be enough money to flow if they're not here but that's for the market to decide.

People shouldn't underestimate the power of bitcoin even it's only on its own, it has got the entire crypto marketing backing it up.

[peter0425]

bitcoin is not specifically for a particular country but bitcoin is made for people who are interested in investing in it, so in my opinion bitcoin will not fall because it is not controlled by the state but by enthusiasts, so in my opinion bitcoin for the future certain be bright.

not just investing but in using this also, we cannot deny that in the past years bitcoin become popular because of people using this for their payments online and even in gambling online.

so i think this is not only for Powerful nation or not even in lowest nations instead this is for the world to use and to progress.

[Farma]

Bitcoin will survive even though many countries do not accept bitcoin. the meaning of decentralization itself is not controlled by anyone. So, even when the most powerful nations reject bitcoin, it will survive. however, it may still have an effect on the bitcoin price.
From the question you gave, if we look at the current situation, many people are adapting to bitcoin. they started to learn to accept it, as well as accept bitcoins for their business. so, i think the future of bitcoin is going to be very good.
Countries or people do not have complete control over the price of bitcoin. they might be able to make the price fall, but I don't think it will take long, because bitcoin price movements occur because of the needs and demands that exist in the community.

[ivankoh]

Humm, bitcoin is decentralized by nature.  it is not exclusive to any country in the world.  Not only the US, China, Russia, Africa… The free market will decide the next value of bitcoin.  I think basically countries with strong economies have an impact on bitcoin adoption but not survival.  Bitcoin will last as long as the internet exists.  Lol, the fact bitcoin exists is something that symbolizes and represents something both technologically and liberally that is what the future economy and people both aspire to be.

[goaldigger]

bitcoin is not specifically for a particular country but bitcoin is made for people who are interested in investing in it, so in my opinion bitcoin will not fall because it is not controlled by the state but by enthusiasts, so in my opinion bitcoin for the future certain be bright.

not just investing but in using this also, we cannot deny that in the past years bitcoin become popular because of people using this for their payments online and even in gambling online.

so i think this is not only for Powerful nation or not even in lowest nations instead this is for the world to use and to progress.

Bitcoin is for those individual who have no access to banks this has been the goal since then so without a powerful nations I believe we can still be good but of course as we aim for mass adoption we are hoping that every country will start to accept Bitcoin, this might look too impossible but I believe it will happen soon. Bitcoin serve its purpose, other countries sees the opportunity to ride the trend and make money as well while some are still hesitant, we are still in the process of giving out more information about Bitcoin and I think this may take more time.

[DOH!]

I think, In essence, bitcoin will survive.  In terms of value, bitcoin will be influenced by powerful countries with leading positions in the world.  One thing is for sure, bitcoin and blockchain will become an indispensable thing in the future.  Whether or not countries accept support or not?  I guess yes because bitcoin has almost a significant influence on the majority of the economy and its adoption/acceptance.  Bitcoin is creating new ways to interact with fiat.

[Silberman]

I think, In essence, bitcoin will survive.  In terms of value, bitcoin will be influenced by powerful countries with leading positions in the world.  One thing is for sure, bitcoin and blockchain will become an indispensable thing in the future.  Whether or not countries accept support or not?  I guess yes because bitcoin has almost a significant influence on the majority of the economy and its adoption/acceptance.  Bitcoin is creating new ways to interact with fiat.

Governments have realized they cannot stop bitcoin and instead they have opted to try to corrupt it, and we are already seeing the first attempts of this on the form of CBDCs, governments argue their coins are even better as they are backed by them, but for anyone that has taken the time to read more about bitcoin they should know that is precisely what we do not want, we have to trust on the governments to do the right thing and not go back on their word and change how those coins will work, something that we know will happen as this has always been the case when it comes to the governments and their promises.

[Scripture]

Bitcoin will be fine, remember Bitcoin being banned in China but still Bitcoin able to survive it and that is because is not centered to one country only and there's no country that controls Bitcoin so technically it will survive especially not that many are already informed about the importance of Bitcoin. Those powerful nations will be force as well to adopt or else they will be left behind. Foreign investors are now coming in to support a crypto project, I'll see this a a good era for Bitcoin.

[@sriyan]

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 is not in the stage of mass adoption yet. Mass adoption means most people from around the globe will start using it. It will be started during the bitcoin supercycle(I think it is the year 2025). Also, bitcoin is more decentralized. So the nations or people can not change that fact. The Price is changing with the news.

[Digital_Lord]

Although the news has some impacts on worth of coins but bitcoins will remain pumping because it has proved that is one of beneficial coin and is never disappointed its holders. Bitcoin may sometime have pump but may be dump on other side but actually these are two essential parts of its worthiness and due to these two characteristics it provides useful results to its holders. PEOPLE or Nation cannot control the value of bitcoin because it is a decentralized so they just spread news about bitcoin but cannot control its status or worth.

[Anonylz]

I would say the future of btc will be as good even without the powerful countries support. Besides I don't think btc price suffering has anything to do with what your are assuming. You already know btc price movement has both the bull and bear season and now is not the season when the price move up a lot. I bet you won't think the same when the bull season began. If powerful countries where truly part of btc growth, the story would be different.