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Author Topic: What is the future of bitcoin without powerful nations?  (Read 429 times)
WillyAp
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March 05, 2023, 06:58:03 PM
 #41

I would say the future of btc will be as good even without the powerful countries support.

Only if internet keeps existing. Not to betaken for granted IMHO.

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March 06, 2023, 02:28:00 AM
 #42

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.
actually it is a wrong statement about "Have No Access to Banks" because I find this impossible because all of us can access banks unless we deny using them and that is what the truth here.
those people who don't wanna use banks and don't wanna be interfere of 3rd parties and government are those people that wants and love using bitcoin and yes I am one of those like yours guys.









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March 06, 2023, 04:26:00 PM
 #43

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.
That is unfortunately thrown to aside for the time being. There will be a time when people will realize that bitcoin is not just an investment but also a currency and they can use it. There are "some" people who use it at the moment but it's really not a lot. I personally believe that we will be seeing much higher prices in bitcoin when that happens, but we need to wait for it a bit more.

We have to agree that people haven't used their investments as currency for a while now, sure back in ancient times people used gold coins for both investment and payment, but for centuries we have been using money and investment as different things, bringing them both together is a hard job.
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March 06, 2023, 04:56:59 PM
 #44

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.

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March 06, 2023, 05:16:21 PM
 #45

actually it is a wrong statement about "Have No Access to Banks" because I find this impossible because all of us can access banks unless we deny using them and that is what the truth here.
those people who don't wanna use banks and don't wanna be interfere of 3rd parties and government are those people that wants and love using bitcoin and yes I am one of those like yours guys.
I think it is basically about the fact that world is not just our nations and there could be some poor nations with very poor towns and even poorer villages, which means that those people may not have access to any ATM or any type of bank. I am not saying this is common, it is very rare, and to be honest bitcoin wouldn't really change much for those people unless it's all adopted by everyone in that village, which doesn't really exists right now.

But, it is definitely a good thing for poorer nation citizens to work for richer nation citizens and make a good profit. As I always say, 500 dollars may not be a lot for American coder, but could be a great amount for me.

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March 07, 2023, 04:07:43 AM
 #46

Powerful countries has a big effect in bitcoin and crypto market but let us set aside that because even how they wanted to adopt or not the crypto still people will decide about that.


we have seen so many cases files against crypto in other countries but this stands strong till now meaning? we are the power of bitcoin and not the government because even if they ban this yet we can still purchase and keep hold and use.

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.

but the question is about the powerful country and that is something needed to address here lol.

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March 07, 2023, 05:15:56 AM
 #47

actually it is a wrong statement about "Have No Access to Banks" because I find this impossible because all of us can access banks unless we deny using them and that is what the truth here.
those people who don't wanna use banks and don't wanna be interfere of 3rd parties and government are those people that wants and love using bitcoin and yes I am one of those like yours guys.


But, it is definitely a good thing for poorer nation citizens to work for richer nation citizens and make a good profit. As I always say, 500 dollars may not be a lot for American coder, but could be a great amount for me.

it is indeed mate, and besides we have our own budgeting and capacity to expense and we are not lucky as what you said american that can earn that much but at least our problem in financial is a little lower that they are  Grin

but again , we all have access in baking but we just denied this for the benefits as we are bitcoin and crypto users.









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March 07, 2023, 09:37:55 AM
 #48

I guess bitcoin is suffering price depreciation because of most renowned countries like China, US and Africa demoting it values with their economy influence.
China has done more harm than good for bitcoin and its not surprising because we all know how controlling their government loves to be.. But it's no brainer i think the people their have become more smarter with the use of cryptocurrencies such that not even crypto bans will stop the revolution in these parts of the world.

On Africa thought these guys have contributed positively after their home currencies have been barted by poor performing economies and they have turned to Bitcoin for better stable alternative currency.

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.
Bitcoin has done it time and time again without this money and it will do it again just hang in there.

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?
You keep insisting on bitcoins success depending on a nation investing, this is not the best idea.. Crypto is better off with individuals investing as this is the financial freedom they long for.

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.

For starters bitcoin price will forever remain unregulated and will depend on supply and demand to determine its performance and not regulations.

R


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March 07, 2023, 12:16:40 PM
 #49

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.


I think that big countries such as China and the USA are afraid to use bitcoin as one of the main payment systems because their economies have been formed for a long time, the order has been established, whether it is honest or not. And bitcoin can shake this order, since this cryptocurrency carries the idea of freedom. And in the future, the economic sector of countries may cease to exist because of bitcoin.

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March 08, 2023, 03:28:09 AM
 #50

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.


I think that big countries such as China and the USA are afraid to use bitcoin as one of the main payment systems because their economies have been formed for a long time, the order has been established, whether it is honest or not. And bitcoin can shake this order, since this cryptocurrency carries the idea of freedom. And in the future, the economic sector of countries may cease to exist because of bitcoin.
they want to be in control of the whole world, with bitcoin there is no transaction distance between countries, and of course USD or yuan doesn't matter anymore, that's a possibility that made china ban bitcoin, but even so there are still many countries that accept it even though they don't legalize it, because of course it can become a new tax object for a country, and of course they can't stop bitcoiners in that country, so many countries take advantage of the tax sector. so that in the future more and more bitcoiners will come and they are already prepared

summonerrk
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March 08, 2023, 02:34:42 PM
 #51

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.


I think that big countries such as China and the USA are afraid to use bitcoin as one of the main payment systems because their economies have been formed for a long time, the order has been established, whether it is honest or not. And bitcoin can shake this order, since this cryptocurrency carries the idea of freedom. And in the future, the economic sector of countries may cease to exist because of bitcoin.
they want to be in control of the whole world, with bitcoin there is no transaction distance between countries, and of course USD or yuan doesn't matter anymore, that's a possibility that made china ban bitcoin, but even so there are still many countries that accept it even though they don't legalize it, because of course it can become a new tax object for a country, and of course they can't stop bitcoiners in that country, so many countries take advantage of the tax sector. so that in the future more and more bitcoiners will come and they are already prepared

At the same time, the Chinese government absolutely clearly shows to what extent it wants to control its people - this is total control. And of course Bitcoin with its anonymity goes against these aspirations of the Chinese government. But the United States does not show this so clearly, but since the dollar is an unsecured Paper, it is obvious that they do not want to lose its magical power over the world.

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March 08, 2023, 05:53:41 PM
 #52

At the same time, the Chinese government absolutely clearly shows to what extent it wants to control its people - this is total control. And of course Bitcoin with its anonymity goes against these aspirations of the Chinese government. But the United States does not show this so clearly, but since the dollar is an unsecured Paper, it is obvious that they do not want to lose its magical power over the world.
The Chinese model is bound to fail as people by nature want to have freedom and a totalitarian state will always be against it, so despite how powerful China may look on the outside it will eventually decay from inside and fall, the US model is slightly better as it retains the illusion of freedom for their people, but they still want to achieve the same as the Chinese, however it seems they are slowly realizing that no matter what they do bitcoin can resist all their attacks.
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March 08, 2023, 08:38:12 PM
 #53

I would say the future of btc will be as good even without the powerful countries support.

Only if internet keeps existing. Not to betaken for granted IMHO.

In today's digital age, the internet serves as a vast repository of information that is almost unparalleled in its scope and scale. It is also the backbone of numerous financial systems, including Bitcoin, which are reliant on its robustness and availability. As such, any event that would bring the internet to a halt would have dire consequences for the world as we know it.
It is worth noting that Bitcoin was not created by governments, but rather emerged as a response to the financial fraud that had become rampant within traditional financial institutions. Despite being largely independent of government control, Bitcoin has managed to thrive and grow exponentially in recent years, signaling a shift in the way we think about financial transactions and systems.
Given its decentralized and autonomous nature, it is unlikely that governments will be able to exert significant influence over Bitcoin in the foreseeable future. However, as with any emerging technology, there are bound to be challenges and obstacles along the way, and it remains to be seen how Bitcoin will adapt and evolve in the face of these challenges.
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March 09, 2023, 11:01:30 PM
 #54

Bitcoin is not own by anyone. Capitalist are rather gaining from investing in btc, is on their account of losing because btc has monopoly of market not determined my countries but individuals of the world but talking about bans, restrictions and rejection it may sounds like a hit for a period of time especially this down threads season but is normal because this capitalist nations and individuals are very profit oriented and calculative, they will still come along by the time they heard the juicy hours approaching, they will pull back their resources or capital investment into btc project because they always think about interest and profits. And most of them were make more richer because of bitcion. Bitcion is not going anywhere.
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March 10, 2023, 01:20:01 PM
 #55

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.


I will continue to bitcoin whatever happens I'm sure many countries will recognize the bitcoin side and accept bitcoin as a means of payment in the country there are even several countries that already support bitcoin for example: El Salvador, Japan, Switzerland, the United States is the one that recognizes bitcoin I believe bitcoin will change the future.

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March 10, 2023, 02:31:11 PM
 #56

I will continue to bitcoin whatever happens I'm sure many countries will recognize the bitcoin side and accept bitcoin as a means of payment in the country there are even several countries that already support bitcoin for example: El Salvador, Japan, Switzerland, the United States is the one that recognizes bitcoin I believe bitcoin will change the future.

Bitcoin is great to store value, litecoin is great in pasing it on, paying with it, 3 Minutes it took me to pass on ltc to another wallet.
The biggest issue is that people generally do not know how to install, maintain a wallet. So they rely on exchanges. 

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March 10, 2023, 03:03:28 PM
 #57

Bitcoin is not own by anyone. Capitalist are rather gaining from investing in btc, is on their account of losing because btc has monopoly of market not determined my countries but individuals of the world but talking about bans, restrictions and rejection it may sounds like a hit for a period of time especially this down threads season but is normal because this capitalist nations and individuals are very profit oriented and calculative, they will still come along by the time they heard the juicy hours approaching, they will pull back their resources or capital investment into btc project because they always think about interest and profits. And most of them were make more richer because of bitcion. Bitcion is not going anywhere.
yes I agree with your opinion, there is no ownership of bitcoin except individuals who have a lot of money and can invest in it, talk about bans, restrictions and denial only for countries whose economy has been established for a long time and are afraid that bitcoin can affect the sector of the economy that they form, and I think this will be an advantage for countries that will become new objects from a tax perspective.

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March 10, 2023, 05:04:18 PM
 #58

I believe by now a ban on Bitcoin is good for Bitcoin because this just proves what Bitcoin stands for, as long as you have internet you are good to use Bitcoin. initially, the ban may affect the price because the fiat gateway is going to be disturbed or blocked but with time people will find a way around it mid to long-term it is very good. Almost all nation-states ban drugs and you can see the demand keeps increasing and so is the price.

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March 10, 2023, 07:26:28 PM
 #59

I think even without a strong country bitcoin will still develop because bitcoin is a digital currency whose existence is only in cyberspace, this can be seen even though almost all countries prohibit bitcoin from developing in their country but it doesn't make bitcoin grow stop, even the opposite as time goes by, bitcoin is increasingly in demand and growing rapidly,

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March 10, 2023, 08:09:29 PM
 #60

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.

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