10 years and no country has approved Bitcoin ?? - page 13.

LogitechMouse

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Quote from: First77 on February 23, 2018, 08:01:58 AM

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"

If I remember correctly, bitcoin has been created in 2009 and not in 2007. Are you sure with what you are saying that no country has approved bitcoin? You're making me laugh right now or maybe you are not reading some articles online.

Now, take time to read some articles online and see if NO ONE approves bitcoin. There are some countries who are using bitcoin now especially Japan and Philippines because their government supports this new technology that has been introduced to us. Even though it is risky, they accepted it and legalized.

Maybe you are one of Warren Buffet's slaves that are being paid and saying some useless words here in the forum. Wink

First77

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Quote from: Muktar on March 02, 2018, 02:43:40 AM

no country to agree but also no one to stop already 10 years keep running may forever will remain that way

$20,000 to $6,500. Remember.

Muktar

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no country to agree but also no one to stop already 10 years keep running may forever will remain that way

angelakrasnova

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Already in a decent number of countries, the legalization of bitcoin was successful, purchases were being made, property was being bought, and even ATMs in Las Vegas were put in large quantities. Strange that quickly develop such as Japan and the United States have long been legalized, the rest are eager for this.

removebeforeflight

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Many countries have legalized Bitcoin and some countries are thinking to implement in their country. Japan, south Korea, Canada and Singapore have already legalized Bitcoin, few countries are paying part of their salary in Bitcoin. There's more good news to come from major players to accept Bitcoin legally soon.

Reid

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10 years and you still dont have any clue about bitcoin. Grin

.
Oh correction, 8-9 years only.

Check the profile of satoshi here and you will see technicals that will blow your mind.
Japan is the first step and their economy didnt even plunged even after bitcoin acceptance.

I would love to go to that country and test how much fun is it. Lool at the brighter side and maybe you will see more development that will happen.

First77

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Quote from: glavos on March 01, 2018, 01:03:27 PM

Bitcoin is becoming more and more mainstream every day, especially in Asian countires like China, South Korea and Japan.

In 2012, there were lots of talks about "Buy 1 ounce silver. End the Fed". Then Silver price crashed from $50/ounce to $9/ounce.

glavos

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Bitcoin is becoming more and more mainstream every day, especially in Asian countires like China, South Korea and Japan.

First77

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Quote from: Ranly123 on March 01, 2018, 05:59:52 AM

Try reading news about bitcoin, your claim that no country has approved bitcoin is a false statement. If bitcoin is not approved or accepted in a country how can bitcoin be changed to fiat currency, that alone will give you hint that bitcoin is accepted by some countries like japan, south korea, US and many more. There are also country that regulates the flow of cryptocurrency in their monetary systems to avoid inflations over the market.

Dangers of decentralization

Moriuchi, who is now at the digital intelligence firm Recorded Future, estimates that North Korea earns between $15 million and $200 million by creating and selling cryptocurrencies and then turning it into hard cash. (Their take fluctuates depending on the digital currency’s worth when North Korea cashes out.)

https://www.vox.com/world/2018/2/28/17055762/north-korea-sanctions-bitcoin-nuclear-weapons

Ranly123

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Quote from: First77 on February 23, 2018, 08:01:58 AM

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"

Try reading news about bitcoin, your claim that no country has approved bitcoin is a false statement. If bitcoin is not approved or accepted in a country how can bitcoin be changed to fiat currency, that alone will give you hint that bitcoin is accepted by some countries like japan, south korea, US and many more. There are also country that regulates the flow of cryptocurrency in their monetary systems to avoid inflations over the market.

wndrbr3d

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Quote from: bitfocus on February 27, 2018, 02:32:21 AM

Maybe you re forgetting countries like Japan, Israel, Venezuela, Russia where Bitcoin and other cryptos are very much welcome.

Russia is not in this list. Bitcoin doesn't have any legal status in this country. But we can pay attention on Russian neighbor - Belarus. For last time there were many positive news from it.

marsmyname

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Quote from: Barcode_ on February 28, 2018, 11:19:31 AM

I believe you have forgotten to mention about Japan, the governments of Japan seems to have a very friendly stance towards bitcoin, and I have read news that there were many retails shops in Japan that are willing to accept bitcoin as payment from their customers.

I don’t really think so that 10 years is that much period of time in which you can convince any of the government to believe in any of the currency which was not there in this world before and to make that currency as legal currency. However, things are getting better and soon we will be going to hear some good news regarding this as well but we have to keep little patience in ourselves for that. Countries like Japan and France will soon declare it as legal currency.

maryhansenn

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Bitcoin had a tough beginning. Only in 2017 started to develop a lot so give it time. Countries will need bitcoin

gandhe83

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I think the government is a real barrier to the development of bitcoin and cryptocurrency. The cryptocurrency market is facing real challenges from governments in recent countries such as China, Japan, Korea and India. It seems to create a wave of opposition in turn. I think the situation of cryptocurrency will be difficult in the coming time.

serizawax

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In my opinion, the prohibition of bitcoin by the state is due to differences in understanding between the public and the government.

Society considers bitcoin is digital money and is the same as ordinary money, but it is in digital form. While the government sees that bitcoin is not worth a currency, since almost 80% of the activity that occurs in bitcoin is selling and buying bitcoins instead of buying something using bitcoin. It can be concluded that the bitcoin is actually the same as gold, not money.

Actually, the government does not mean to ban bitcoin, but they only intend to urge the people not to use bitcoin as a means of payment, but the government still allows people to use bitcoin properly, for example, investing, trading and the like.

zentdex

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It is just like internet, 20 years ago. 20 years ago there are no rules about internet, there are no company who use it and government didn't see it could leverage their country. But after ten years of it's existence there are bad news spreading that the internet is the source of all unpleasant activities, but still even today internet survives and it become more useful to government and the people. I hope that will be the same to cryptos, another more ten years and the government will be used to it and even promote the utilization of it to improve their country.

First77

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Quote from: brkttlv on February 28, 2018, 11:24:52 AM

The meaning of Bitcoin is freedom. Bitcoin does not need any country.

$10,000 = 80,000 Chinese Yaun or 1,200,000 Japanese Yen etc.. Will they buy Bitcoins ??

That's 1 Bitcoin = 80,000 Chinese Yaun or 1,200,000 Japanese Yen etc..

bitcon

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Quote from: First77 on February 23, 2018, 08:01:58 AM

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"

I might be mistaken, but hasn’t Japan approved Bitcoin? This country, which has a pretty small territory, has become one of the largest markets of Bitcoin and other cryptocurrency. I suppose BTC will be approved in more countries.

brkttlv

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The meaning of Bitcoin is freedom. Bitcoin does not need any country. Crypto market is getting bigger everyday, and also many of people learned about bitcoin in end of 2017. On the other hand there are many countries working on their own crypto money.
In my opinion in 2020 btc will be using in many country to trade.

Barcode_

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I believe you have forgotten to mention about Japan, the governments of Japan seems to have a very friendly stance towards bitcoin, and I have read news that there were many retails shops in Japan that are willing to accept bitcoin as payment from their customers.

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