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Author Topic: How did we got here?  (Read 635 times)
Youngrebel
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July 06, 2026, 05:53:55 PM
 #61

The country you are from limits how you can spend bitcoin. In some countries there are no clear rules on how you can spend it and how you can’t spend it.

Using my country of residence as an example, if you can find someone who is into crypto that does any type of business you want to patronise, you can also reach an agreement to buy and pay with crypto, and it’s not that hard. In some countries where it’s not recognised, that will be risky but not entirely impossible. We hold the power in our hands, and the type of service we hope to patronise determines how crypto can help.
In so many places, peer agreements make has made it possible to use bitcoin even without a clear regulations  anf the bigger problem or should I say limitation to me it is not always the law or rules but it is the adoption and if only a handful of merchants accept bitcoin, your spending options remain limited.  And as more businesses and people will become comfortable accepting bitcoin directly, its value and usefulness as a medium of exchange will automatically increase and be notice.

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July 06, 2026, 08:30:21 PM
 #62

Bitcoin made borderless payments possible. It didn't make borders disappear. The biggest obstacles today are usually legal and business decisions rather than technical ones.
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July 06, 2026, 09:23:30 PM
 #63

When it comes to payment which involves across borders then Bitcoin is the best option to use. Because with Bitcoin there is no room for delay or border restrictions that exist with Fiat currencies. There are particular amount of money that government can allow into their countries if it involves fiat currency but Bitcoin reduces this totally because, Bitcoin is not controlled by any country or government where each country is their own laws when it comes to international payment.

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Powerjumboo
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July 06, 2026, 10:55:10 PM
 #64

That aside, is this how things will keep going now? You can't use Bitcoin to buy my country goods and I can't use Bitcoin to buy your country's goods and products? How did we get here?
You can buy and sell goods with Bitcoin if you want, but for this, the other party must also agree. You cannot buy and sell goods with Bitcoin alone. In many countries, goods are still being bought and sold using Bitcoin, especially in many shopping malls, goods are being bought and sold using Bitcoin, and it has been found, but of course, Bitcoin transactions must be active in that country and must be allowed by the government. Now, if I agree, if you do not agree, then the transaction will never be confirmed. However, the way I use my Bitcoin is that I sell Bitcoin using P2P and convert it into my local currency and receive everything I need with my local currency.

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Today at 05:59:58 AM
 #65

If you expect the government to widely accept Bitcoin as payment, it might be more difficult because the government is more likely to prioritize fiat or regulated digital payment systems — such as e-wallets, etc. — over Bitcoin, since those make it easier for them to conduct financial oversight and collect taxes. But even so, nothing is stopping you from making payments with Bitcoin.
Many government are afraid of the adoption of bitcoin based on the orientation given to them about bitcoin which is not true, but some just believe in that orientation and is making some government not to allow their citizens to have the knowledge of bitcoin in their country today, the reason why government will continue protect fiat is that they have authority over fiat compare to bitcoin that is purely a decentralized currency that is not order government control and it will not going to be order government control because some people know what will happen to bitcoin when government control bitcoin.

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Today at 06:27:31 AM
 #66

That aside, is this how things will keep going now? You can't use Bitcoin to buy my country goods and I can't use Bitcoin to buy your country's goods and products? How did we get here?
Bitcoin transaction can’t be stopped regardless of the geographical location except the recipient doesn’t accept payment in bitcoin but if the recipient agrees to be paid in bitcoin then the country has got nothing on that.I could remember when my country restricted bitcoin transactions,they used the traditional banking system to fish out those individuals involved in any crypto related transaction including bitcoin but those shit later died off.Even when the restriction was applied with effectiveness it didn’t still stop the citizens from transacting bitcoin within the country and across the globe.So in my own opinion,a successful payment would only come to play when both parties agree to the method of payment.

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Today at 06:42:52 AM
 #67

That aside, is this how things will keep going now? You can't use Bitcoin to buy my country goods and I can't use Bitcoin to buy your country's goods and products? How did we get here?

Bitcoin is the same as it was in the past, it has not changed, in the past, goods could not be purchased with Bitcoin and it cannot be purchased now, so you can never blame it. Because if the other party accepts Bitcoin, then you can continue other buying and selling activities, but with this Bitcoin, you can definitely do everything through P2P.
However, in the future, if the other party accepts Bitcoin, then you can continue all types of betting activities with this Bitcoin.

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