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Topic: 10 years and no country has approved Bitcoin ?? (Read 1726 times)

member
Activity: 266
Merit: 32
10 years is not so much to bitcoin. The average person still doesn't know anything about bitcoin or the blockchain because bitcoin just started gaining popularity. Since only a year ago, he began to appear in the media after his big growth. This is only the beginning. And on account of the statements of rich people can't pay attention. One says one thing another says another.

Now Bitcoin is $7,000. People will buy Gold and Silver. Bitcoin was different in 2012.
newbie
Activity: 336
Merit: 0
Are you well ware of it? So far as I know you are not right. I thinks all of us know about Japan & Israel. They approve BTC. Beside this there are many countries the not banned nor legalized. So this message is not true.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
Who told you that Bitcoin is not approved in any country? There are a lot of countries such as Japan, Singapore, Germany and Switzerland where Bitcoin is perfectly legal. What more do yo want?
full member
Activity: 434
Merit: 100
Bitcoin was launched in 2007. It's 10 years and still no country has approved Bitcoin ??   Huh

and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"
Yeah a bad trip for bitcoin, especially in this earlier year where bitcoin down due to many negative issues that hit. Besides it there are still many countries who refused the existence of bitcoin because they afraid bitcoin can disturb the stability of their legal currency. There is no clear regulation make bitcoin is quite worrying for investors, that's why many investors refrain themselves from investing in bitcoins because they fear about bitcoin future. All we can do now is just wish that bitcoin can quickly rise from adversity and investors can open their eyes that bitcoin is a promising investment even though there are no clear regulation yet.
newbie
Activity: 49
Merit: 0
hopefully it will not happen. it depends on the negra's rating of bitcoin, if it is good then it will not vanish otherwise
jr. member
Activity: 194
Merit: 1
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newbie
Activity: 224
Merit: 0
The point that matters to me is making money. Ten years from now, if I am making money, what other countries are saying is not in my grasp.
I think these kinds of questions are unnecessary. We do not know what will happen tomorrow.
member
Activity: 266
Merit: 33
some countries do legalized bitcoin like japan and israel
one of japan's company even uses bitcoin as one of their way of paying their employees
imagine this is just ten years, of course the government will thoroughly examine and research about it
government aims to prosper its country after all, so they do have to plan carefuly
member
Activity: 172
Merit: 10
Blockchain and cryptocurrency technology can be very beneficial to the global economy, as evidenced from Japan, who have seen cryptocurrency adaption reach its peak in 2017 but many countries have taken the drastic step of banning Bitcoins because Bitcoin is a decentralized currency, meaning that no one controls, they don't like it.
member
Activity: 112
Merit: 12
The governments of all world are afraid to recognize bitcoin as currency because they simply do not know, how it can be adjusted. It is the greatest problem for them
full member
Activity: 490
Merit: 100
The existence of Bitcoin is a threat to the centralization of the government. Those conservative governments will not like Bitcoin. The Japanese government has bravely tried to open the door to embrace Bitcoin. I believe that they will get rich after many years. Those conservative countries will eventually be defeated by the trend of decentralization.
newbie
Activity: 26
Merit: 0
10 years is not so much to bitcoin. The average person still doesn't know anything about bitcoin or the blockchain because bitcoin just started gaining popularity. Since only a year ago, he began to appear in the media after his big growth. This is only the beginning. And on account of the statements of rich people can't pay attention. One says one thing another says another.
jr. member
Activity: 182
Merit: 1
the spirit of bitcoin is decentralized , and the government is a product of centralization . the two are contradictory . bitcoin builds on people's consensus , as long ao people are willing to use it . it will always exist .
jr. member
Activity: 138
Merit: 4
Varanida : Fair & Transparent Digital Ecosystem
Because bitcoin cant go up to reach its goal for 10 short years. The aim of having decentralized currency will have a long-long run. And 10 years was not enough but we hope that the next 10 years will be a great years for bitcoin.
member
Activity: 154
Merit: 10
In our country which is Philippines, the government is now starting to acknowledge bitcoin. Bitcoin is now accepted in the country which i think is good because it will definitely help the economy.
hero member
Activity: 994
Merit: 544
Bitcoin was launched in 2007. It's 10 years and still no country has approved Bitcoin ??   Huh

and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"

Warren Buffet just wanted to stir up the market and cause panic so that bitcoin holders will sell their bitcoin and Buffet can buy more bitcoins at a very low and cheap value. It is just their strategy, they will appear as if they have no trust to bitcoin but eventually in the end they are just waiting for an opportunity to buy at a lower price.
newbie
Activity: 98
Merit: 0
Bitcoin was launched in 2007. It's 10 years and still no country has approved Bitcoin ??   Huh

and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"

Yep! I think the same
newbie
Activity: 25
Merit: 0
from my latest understanding,  Japan and Philipines already have regulatory framework. Malaysia is catching up soon.
member
Activity: 266
Merit: 32
I think you need to get your facts right. Japan has already made Bitcoin legal and there are so many other countries who are very friendly towards bitcoin. Even European countries are supporting Bitcoin big time and other countries like Canada, Australia already consider bitcoin as an asset and tax it. It will take time for other countries to regulate bitcoin because it is still a very new concept for majority of the countries and a lot of amendments have to take place. Such procedures usually take a lot of time. You should head over to wikipedia to see which countries consider bitcoin as legal.

831 Billionaires in China. Bitcoin does not look good in China. Chinese government is encouraging its people to buy gold and silver since year 2009.
member
Activity: 456
Merit: 10
Many countries are still afraid to legalize bitcoin and I think the main reason behind is that bitcoin transactions are encrypted and while they can be tracked by involved parties, bitcoin provides a way to keep money and transactions away from the prying eye of the regulators.
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