10 years and no country has approved Bitcoin ?? - page 8.

maman09

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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"

then ? what do you mean by making this post sir
I think some countries like Japan and Germany have been friendly with bitcoin. there are even some other countries that will open with crypto trading. I think you should look at history and read new information information about bitcoin development

Maheshkumar_Hrangkhawl

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As far as I know, the usage of Bitcoin is approved in a lot of nations around the world. And I hope that after 2-3 years from now, it will be legal in the vast majority of the world nations.

catur123

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very funny, what I know bitcoin started in 2009 and some countries have legalized bitcoin with different rules even japan has already supported bitcoin for people in japan using bitcoin. because this new technology should be developed. maybe you just see negative news about bitcoin. Grin

Wendigo

legendary

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I found a little nifty map that shows the legality of Bitcoin around the world. The article was published on 15 January 2018 so I guess the information is not outdated yet. You can check it out here:

Quote

Mapped: Bitcoin’s Legality Around The World

https://howmuch.net/articles/bitcoin-legality-around-the-world

Easteregg69

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

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

Who said rebel without a cause?

jdkfy

jr. member

Activity: 96

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We cannot predict the future of Bitcoin, but I hope it will bring us good news. Whether Bitcoin can get better and better determines whether we can obtain certain benefits from this industry. All that we can only hope it is getting better and better.

hubballi

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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 think OP is not updated about the progress of the Bitcoin that is why he is asking silly questions, Their are lot of country which have legalized Bitcoin and they have even regulated it, some names are JAPAN, SOUTH KOREA, and some European country's. So still do you think that their are no country who have legalized the Bitcoin

Easteregg69

sr. member

Activity: 1572

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Legalizing bitcoins. (How stupid does it get ?) If spanking don't work i don't know what will.

How much control is needed ?

I bought some bitcoin the other day at a reseller that runs "abuse checks" requiring identification the other day.
Still haven't received the coin (or fraction of a coin). That is how much "legalization" is worth now a days.

RamBahadur.Gurung

sr. member

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What do you mean when you posted that no country has "approved" Bitcoin? A lot of the world nations, including Germany, Japan and Switzerland has legalized Bitcoin. What more do you want?

hajimasan

hero member

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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"

In actual truth bitcoin is that thing which is more secured then any another online technology , even the high encrypted banking system in the real life are not much better than what the bitcoin is , so such types of achievement by the bitcoin showing a good result to gain the market and also many good minded people understands very well that how much the safe they are with bitcoin .
And here another thing that is the approval as a real currency by no one country is also a good thing because no one excatly knows that from which place bitcoin is operating , but still they approved bitcoin use with regulations rule , so that no one can use bitcoin for illegal purpose .
Here in my opinion , everything going well with the bitcoin , but we are getting in bitcoin illusion by many Rumours only , we should remain with the positive and real truth with bitcoin but not go for any negativity with this .

redhondaxrm125

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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.

kiddddddd

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“Revolutionizing Brokerage of Personal Data”

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

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.

Well, this is a good news for people like me then. Adapting cryptocurrency is not bad at all.For me, it really showed developments on countries who already saw the good advantages of BTC.Besides BTC has been here for 9years and and it gained so much attention not just on famous people but also with average people.

imamhabibi

newbie

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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"

In the EU, transactions using bitcoin are considered legal. Similarly with the G7 countries (Canada, France, Germany, Italy, Japan, Uk, and America) have legalized bitcoin. Neither with other countries. Most bitcoins are considered legal and can be used in transactions as a means of payment, traded as commodities and exchanged for regular currency. But there are some countries that are also firmly to bitcoin. Like Bolivia, for example, in 2014, Bolivia's central bank has declared it official to block bitcoin. In Ecuador bitcoin is also considered illegal. Not just bitcoin instead, but also other digital currencies. the government prioritizes transactions with the use of local currency that is the government-regulated dollar.

BlackRacerX

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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"

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.

First77

member

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Bank-wire transfers are the oldest form of digital money/digital payments

Bitcoinislifer09

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The bitcoin will be no longer for existence in other country maybe the bitcoin is already banned and theres alot of people are negativity to the other people but be careful only on what were doing in the bitcoin existence then we can do only is to share what bitcoin it is and share it to other classmate who are in need of financially...

lucian999

newbie

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it's impossible to happen because I've probably been through for 10 years as much as the bitcoin has helped and it's going to be a great development so it's approved by all countries.

aleksej.rozhkov

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On the contrary, right now, many countries take bitcoin in a new light and award him with the merits of the development of the economic system and the convenience of transactions.

Coinhype

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Yes they are ten years since the bitcoin blockchain goes online. But i think we got a huge success in this ten yeas. When you look at the start of the bitcoin blockchain, there was a dev or a dev team, who launched it. People do just for fun install the wallet and mined the coin. You could ask in the forum if someone send you a bitcoin to test it. And what we got now? A million dollar industry who is trying to get as many bitcoins as possible. Maybe there is no country who accept it. But there are many people who stay behind this coin!

Red-Apple

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Quote from: birtoki on March 23, 2018, 06:05:53 AM

as far as I know Japan, which is one of the most progressive countries in the world, has already legalized cryptocurrency.

the most obvious and popular country is Japan but in fact there are a lot of different countries that have already legalized bitcoin. Canada, Germany, Australia, obviously USA, Korea if i am not mistaken, even China and lots of other countries have already done it.
the thing about this topic is that OP has been trying so hard to spread FUD with dumb topics like this Cheesy

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