10 years and no country has approved Bitcoin ?? - page 5.

Wibisono

newbie

Activity: 26

Merit: 0

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"

each country must have many indicators in deciding whether or not the country receives bitcoins.
One of the countries that I know has legalized bitcoin is Korea.
The Korean government's decision to grant permission to bitcoin users in the country of course with a variety of rules that must be met.

First77

member

Activity: 266

Merit: 32

Quote from: bitcoinvestor on April 05, 2018, 06:04:43 PM

Hi, where do you get to opinion? Ten years no country approved? There are many countries legalize bitcoin, don't bring FUD to the forum. Japan, South Korea, Australia, Swiss are welcome to bitcoin. They are not weak countries. They are strong countries. USA also welcome bitcoin as an asset not as currency , Canada too. Russia bitcoin is not illegal. DO you read G20 talk. There are many countries that legalize bitcoin. There are some neutral. There are some ban bitcoin. If bitcoin illegal in all countries you can do trading. bittrex is based in US. and many exchanger in Japan , hongkong, south korea, Indonesia and others.

I'm sure that in 20 years there will either be very large transaction volume or no volume. -- Satoshi

It's 10 years, where are the Bitcoin transactions ??

First77

member

Activity: 266

Merit: 32

Quote from: Jossy111 on April 05, 2018, 06:28:10 PM

It is not true that since the 10 years of bitcoin existence no country has approved it. pls kindly always gather your information right. 'cos as i speak now some countries like Vanuatu, Japan, South Korea, Australia, Swiss and some African countries Nigeria, South Africa too to mention a few. as now welcome to bitcoin some even use it to pay bills and tax clearance in some of these countries.

Bitcoin fell from $20,000 to $6,500 the moment Bitcoin ran into government agencies in 2018.

vina.lugtu

member

Activity: 392

Merit: 11

🚀🚀 ATHERO.IO 🚀🚀

What do you mean approved? You mean recognize bitcoin as a currency? No country will ever do that since bitcoin is not backed by world bank like other currencies to. Our government supported bitcoin but they are taking a close look for those who abuse its use like money laundering and other stuff. I don't know if Japan approved bitcoin but I think they did already since they have a lot of btc's.

Alert31

member

Activity: 1041

Merit: 25

Trident Protocol | Simple «buy-hold-earn» system!

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"

There are countries that accept bitcoin and made it legal like Japan and other countries. In others,bitcoin are on the way for acceptance and legalization. Philippines also are welcome to all the bitcoin users,banks are allowing echanger to exchanged bitcion to Philippine money because most of the overseas workers sent bitcoins instead of dollar. I believe more countries will accept bitcoin someday and bitcoin are continue developing for the good and future of everyone.

Rascar Capac

full member

Activity: 238

Merit: 100

It seems to me that in February, there were already countries that were in favour of Bitcoin (I am thinking of Japan in particular)? Unless the question is whether they have accepted it as their national currency and that may never happen... Sad

dimastegar

sr. member

Activity: 798

Merit: 251

Small Trader

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"

Do not be easy to believe by someone's thinking. Because the richest person is not our benchmark for making decisions.

Bitcoin is already Legal in some developed countries. For example Switzerland and Japan. And Japan holds the largest amount of Bitcoin today.

Doge dealer

sr. member

Activity: 462

Merit: 252

Russia is in the process of tabling laws relating to bitcoins, the Japanese government has legalized the use of bitcoins , the us government is studying the prototype , even though there has not been widespread legalization major hurdles have been overcome as majority of the countries that had implemented bans/ talked about bans are now in favor of bitcoins......we have to understands that the economic implications of using bitcoins are major ones and as such it should be expected that no government would hurriedly implement bitcoins into their structure ....alas giant steps and gains have been made and im sure by the end of 2019 that bitcoins would have been entrenched into most if not all economies.

Jossy111

newbie

Activity: 133

Merit: 0

It is not true that since the 10 years of bitcoin existence no country has approved it. pls kindly always gather your information right. 'cos as i speak now some countries like Vanuatu, Japan, South Korea, Australia, Swiss and some African countries Nigeria, South Africa too to mention a few. as now welcome to bitcoin some even use it to pay bills and tax clearance in some of these countries.

Good Bo

member

Activity: 204

Merit: 10

Quote from: redhondaxrm125 on March 31, 2018, 12:31:18 PM

Quote from: BlackRacerX on March 31, 2018, 09:33:31 AM

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"

A lot of countries have appoved bitcoins and even allowed the trade of other cryptocurrencies. I believe that Japan has been crowned the only country to ever have loved bitcoin so much, they support it with their entire countru and government backing it up. Might even be a possible replacement for Yen.

Yup, you are right, there are already quite a good number of countries that accept bitcoins as another option in the long list of payment methods for their people and for the businesses and establishments that run in their countries. I think the op has been fed with the wrong information that led him to having such conclusion and actually believe the fuds. But I think that after reading some of the great responses, the op will realize that he is wrong and that it really pays of to confirm the sources of every information first before even thinking about believing them.

Few number of country which already accept bitcoin and legalize it is not enough to make bitcoin grow much again.
We need more and more again because 5 country accept bitcoin and another 1 country ban bitcoin, its still making the price very strong down.

bitcoinvestor

hero member

Activity: 812

Merit: 501

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"

Hi, where do you get to opinion? Ten years no country approved? There are many countries legalize bitcoin, don't bring FUD to the forum. Japan, South Korea, Australia, Swiss are welcome to bitcoin. They are not weak countries. They are strong countries. USA also welcome bitcoin as an asset not as currency , Canada too. Russia bitcoin is not illegal. DO you read G20 talk. There are many countries that legalize bitcoin. There are some neutral. There are some ban bitcoin. If bitcoin illegal in all countries you can do trading. bittrex is based in US. and many exchanger in Japan , hongkong, south korea, Indonesia and others.

First77

member

Activity: 266

Merit: 32

Looks like Bitcoin got banned in India.

TIDOVEE

sr. member

Activity: 1246

Merit: 255

I will be surprised if Japan and China has not approved Bitcoin by now with what I thought I have heard and read, for countries that are yet to accept , I believe they still need to be convinced about Bitcoin. But being just approval to be used anywhere and not to end the use of their accepted currency. It should not be a big deal.

lesinset

jr. member

Activity: 126

Merit: 1

I heard that Japan approved of it. And, our country is also looking into the possibility of approving Bitcoin, although with some conditions.

melekseverce

member

Activity: 140

Merit: 13

I do not think that will happen, and I'm sure later countries will agree with Bitcoin. if indeed Bitcoin will end, then it is a big disaster for Bitcoin players.

First77

member

Activity: 266

Merit: 32

Quote from: nicko122 on April 05, 2018, 05:48:52 AM

The society always takes something new for a long time, and bitcoin has reached popularity recently. Before, no one paid attention to cryptocurrencies, and now the whole world is interested in them. Therefore, it is difficult to judge by the fact that governments around the world do not want to communicate with bitcoin and cryptocurrencies. It is easier for them to be in a neutral state than to accept or reject cryptocurrencies.

Bitcoin has created highest amount of money laundering fears worldwide.

bugdirty8

newbie

Activity: 24

Merit: 0

Its better to accept btcs in our system as without btcs or cryptoz their is no backbone for digital currency remember

nicko122

jr. member

Activity: 462

Merit: 1

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"

The society always takes something new for a long time, and bitcoin has reached popularity recently. Before, no one paid attention to cryptocurrencies, and now the whole world is interested in them. Therefore, it is difficult to judge by the fact that governments around the world do not want to communicate with bitcoin and cryptocurrencies. It is easier for them to be in a neutral state than to accept or reject cryptocurrencies.

d1ceplayer

sr. member

Activity: 686

Merit: 277

Quote from: upyem2k on April 04, 2018, 10:33:20 AM

The government of the world country you see today also invest in bitcoin. Although the reason why the world bank may not have officially recognize bitcoin is the fear of killing the banking industry. Abd I also think we have some countries like China that even go to the point of building their own mining technology.

And it came into hearing that bitcoins have been legalized in Australia and America. But don’t know much about this news’ authenticity. So yes, like you have said, one must research properly before posting anything over here. Because people came here from different backgrounds. Some are newbies too so it must be giving them best of the knowledge rather false or improper one.

Lorna t

member

Activity: 179

Merit: 10

I think you not to about news that Japan legalized bitcoin prices after leaving 10 years where bitcoi. Prices actually below 1$ for up to 10k$.people are increasingly paying attention to the bitcoin because in the rise of the price and its an easy way to make money .its legalizing bitcoin. its not easy as you're calm think there are a lot of problem that need to be solved before the bitcoin is legalized overseas .let just hoping that all gonna be alright and were good things.

Topic: 10 years and no country has approved Bitcoin ?? - page 5. (Read 1726 times)