10 years and no country has approved Bitcoin ?? - page 20.

Kprawn

legendary

Activity: 1904

Merit: 1074

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 think the key question is, Why are you here? The answer might be in your signature space ->

<< https://www.goldbroker.com/#4391-3-#-3 >>

You are coming all the way here to smack talk Bitcoin on a Bitcoin forum to get people to buy Gold. That is absolutely

hilarious and pathetic. Grin

.... While you are here, we might educate you a bit. Bitcoin was first released in 2009. Wink

We talk about Bitcoin here and for your information, Bitcoin is LEGAL in LOTS of countries. See link below :

https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

Shreek

full member

Activity: 476

Merit: 112

IDENA.IO - Proof-Of-Person Blockchain

I think the most plausible reason why the world has not received bitcoin as a means of payment transactions is because the world is not yet who to accept it, we see that block chain technology is too sophisticated and too fast, the times can not catch up. so many public who have difficulty using it.

besides bitcoin also has to face a very tough challenge, rejection, intimidation, and also media attack give bad news about bitcoin.

I do not believe in what is said by the buffet, I am more confident to the Japanese state, because japan better understand about all the world of technology than the buffet.
the buffet will only regret in his life.

First77

member

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Merit: 32

Quote from: avikz on February 23, 2018, 08:54:14 AM

Are you sure? No country has approved/legalized it? Think about Japan who are one of the most progressive nations of the world, has already legalized crypto currency. You can now pay tax using bitcoin in Arizona, USA. Even European union didn't say no to Cryptocurrency, they are indeed maintaining a positive stance towards Cryptocurrency. The latest addition to this list is Israel who had legalized Cryptocurrency and imposed 15-25% tax rate very recently.

In 2011, I would read "Buy 1 ounce Silver. End the Fed". Now Silver is $17/ounce.

Talks about Bitcoin closing banks and no tax, now world attention is on Bitcoin.

Lucius

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Blackjack.fun-Free Raffle-Join&Win $50🎲

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"

It is not 2007,but 2009 when first block is mined-you should read some basic facts about that History Of Bitcoin

Many countries have taken a positive attitude to BTC and cryptocurrency,and some of them are Japan,USA,Canada,Germany,Denmark,Australia and many others.You can mine&trade with cryptocurrency and pay tax without any fear of the government,BTC is become something quite normal.

We know what Mr.Buffet thinks about BTC and what he is saying for years,according to him BTC should collapse long time ago.He is already with one foot in the grave,no one should worry too much about his opinion.

buwaytress

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Join the world-leading crypto sportsbook NOW!

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"

Bitcoin does not need approval from any country. It does not need Warren Buffet's approval. That is perhaps one of the most overlooked aspects of Bitcoin. It specifically sought to make approval redundant. You never need to trust anyone or any country to use Bitcoin. It never seeks to force itself on anyone. Using it has always been and continues to be voluntary.

Quote from: avikz on February 23, 2018, 08:54:14 AM

Are you sure? No country has approved/legalized it? Think about Japan who are one of the most progressive nations of the world, has already legalized crypto currency. You can now pay tax using bitcoin in Arizona, USA. Even European union didn't say no to Cryptocurrency, they are indeed maintaining a positive stance towards Cryptocurrency. The latest addition to this list is Israel who had legalized Cryptocurrency and imposed 15-25% tax rate very recently.

There are countries like Canada who are strictly against ICOs but generally positive about cryptos. India neither banned it nor legalized it, they have taken the midway. So majority of the countries are not negative about bitcoin.

Israel is the first county to adopt Cryptocurrency in 2018 and I am sure a lot of other countries will join the party this year.

Add Switzerland to the list of authorities (at least in some municipals) who've begun accepting Bitcoin as tax payments since last year. Not to mention you've always been able to buy tickets for state-run public transport there with Bitcoin.

Add Vanuatu to the list of countries who accept Bitcoin for citizenship.

I could go on, others probably will. OP has to learn to use Google at least.

avikz

legendary

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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"

Are you sure? No country has approved/legalized it? Think about Japan who are one of the most progressive nations of the world, has already legalized crypto currency. You can now pay tax using bitcoin in Arizona, USA. Even European union didn't say no to Cryptocurrency, they are indeed maintaining a positive stance towards Cryptocurrency. The latest addition to this list is Israel who had legalized Cryptocurrency and imposed 15-25% tax rate very recently.

There are countries like Canada who are strictly against ICOs but generally positive about cryptos. India neither banned it nor legalized it, they have taken the midway. So majority of the countries are not negative about bitcoin.

Israel is the first county to adopt Cryptocurrency in 2018 and I am sure a lot of other countries will join the party this year.

nazaididuan1

jr. member

Activity: 350

Merit: 1

In Japan bitcoin is legal, and the government encourages people to use BTC.

Israel's tax authorities have defined the BTC as an asset and start levying taxes!

This shows that BTC is legal, and BTC is full of opportunities in 2018!

emerejames

jr. member

Activity: 349

Merit: 2

The legal status of bitcoin varies substantially from country to country and is still undefined in many of them. Whereas the majority of countries do not make the usage of bitcoin itself illegal, its status as money varies, with differing regulatory implications. While some countries have explicitly allowed its use and trade, others have banned or restricted it. So Bitcoin is still undergoing some development, and I believe that very soon some country will approve it

First77

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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"

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