This is clearly a troll post here. So what does "no country has approved Bitcoin" even mean? Bitcoin is legal in most countries on this planet. The United States plans on rolling out some sort of set of regulations about Bitcoin, but has come out stating they are open to cryptocurrencies and don't want to necessarily try and control it which could put a damper on technological advancment.
Secondly, Warren Buffet may be the greatest stock market investor of all time, but he has no clue how cryptocurrency or bitcoin actually works, and he's stated as much. Also keep in mind he has reasons for not wanting bitcoin to succeed. The man has heavy ownership in banks which bitcoin directly threatens. TROLL
Topic: 12 years and no country has approved Bitcoin ?? - page 11. (Read 2185 times)
This just sounds like a really weak attempt at trolling. If you don't want Bitcoin because it's not approved by government or Warren Buffet, then Bitcoin is not for you. Bitcoin was created to give people control over their money, that should be enough reason to use it if you find this feature appealing.
:)Bitcoin was launched in 2007. It's 12 years and still no country has approved Bitcoin ?? Huh
and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"
Bitcoin doesnt really need to be regulated yet this isnt similar to fiat that can really be easily manipulated and that what makes most governments do really have that and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"
negative look towards it but somehow there are still numerous countries that do accept Bitcoin and other crypto into its vicinity.It might not really be fully regulated
but somewhat they do adopted it by means of payment system.There are leaders of some countries are really just too close minded and doesnt really accept
on what crypto can really contribute on but instead they do focus out on its cons.Dont mind that fucking Warren Buffet because he isnt a God that will really
be concluding up things.
It can be said that Bitcoin has many opponents and governments do not know whether to use it or not.
There are also reports from various countries that use bitcoin for shops, ATMs, buses, etc.
And I think this is a good place to start.
There are also reports from various countries that use bitcoin for shops, ATMs, buses, etc.
And I think this is a good place to start.
12 years still is a short time for btc to all the way convince a government to allow to take over their own currency. the fact that they can't control decentralized currency. but given that there are several countries already that recognizes BTC. many will follow in the future, among then is Venezuela that had started using it.
the pandemic i think will speed up governments to move into cashless soon. it might not be long til we see more countries. not really treating btc as legal tender but just having businesses related to cryptocurrency will ignite the adoption in the country.
the pandemic i think will speed up governments to move into cashless soon. it might not be long til we see more countries. not really treating btc as legal tender but just having businesses related to cryptocurrency will ignite the adoption in the country.
:)Bitcoin was launched in 2007. It's 12 years and still no country has approved Bitcoin ?? Huh
I think that was before, because when bitcoin was launched, so many countries was not interested to adventure in cryptocurrency especially bitcoin because their were not informed and them don't really know the important of it and advantages of it, but currently many countries has adopted the use of bitcoin because of it's methods of transaction.
and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"
The reason Warren Buffet" said negative thing about bitcoin them is because he was myopic towards features of BTC and his objective is to bring bitcoin down btc its circulating all over the word, If I may ask,does he has any tangible reason before predicting negativity of bitcoin and what are his major points of views before making such comments.
I do not think there's any country that will easily accept or approve bitcoin. There is no other reason for this than the fact that bitcoin is a decentralized currency which makes it out of the control of the government. The government isn't ready to accept a currency they cannot control.
Although I do believe that it is possible that government accept crypto, I think it will be one they can afford to control. It is possible that governments create their own centralized coin, one they can actually control since the world is moving towards the digital age as time goes on.
Although I do believe that it is possible that government accept crypto, I think it will be one they can afford to control. It is possible that governments create their own centralized coin, one they can actually control since the world is moving towards the digital age as time goes on.
:)Bitcoin was launched in 2007. It's 12 years and still no country has approved Bitcoin ?? Huh
You may lack information regarding the legality of bitcoin during this time. Several countries have allowed bitcoin as a legal means of payment such as taxes, transportation fees and others. However, not all countries allow it as a mean of payment, but in fact we can use it as a means of payment that is recognized by users (not the government) even though it is prohibited in regulations. We are free to trade bitcoin as a valuable asset on the commodities market and and it's legal. As a currency, we can still use bitcoin as a means of payment even without government approval and it is done between users. You must know that. Don't expect bitcoin to be used as a legal payment tool globally because it is very difficult to happen.and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"
True, but that only applies to those who don't like it. If you agree with what WB said then believe me you will end up bad like his opinion on bitcoin.
What do you mean by saying "approved"? There are many countries considering bitcoin as a type of payment already. Regulations are made in order to put cryptocurrency under the law so that tax can be collected from it. These are good signs for bitcoin, which keep the price around $10000 recently. People from many parts of the world have adopted Bitcoin for many years. Right now, we still need a lot of things to do to improve the technologies inside so as to improve the quality and quantity of transactions. Lower the fees is what users really really want right now
12-year is not a long period of time. Bitcoin is still very young, however, it has brought to us many different doors to see the world in different sights. Bitcoin is definitely on the right path right now
12-year is not a long period of time. Bitcoin is still very young, however, it has brought to us many different doors to see the world in different sights. Bitcoin is definitely on the right path right now
:)Bitcoin was launched in 2007. It's 12 years and still no country has approved Bitcoin ?? Huh
A lot of countries approved it, but isn't considered money. But in countries like Mexico you can legally buy them and sell them and only pay tax over the profit.
I don't think countries will see bitcoin as money. That could bring enormous problems to the economy, that's why it's legal as an inversions instrument.
:)Bitcoin was launched in 2007. It's 12 years and still no country has approved Bitcoin ?? Huh
and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"
and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"
You should surf and find ,how many legalized till now.Many country had legalized it,it was neutral in many country.So transaction of bitcoin was a legal tender in most of country in this world.Actually many of international transaction was done with bitcoin as of now.Bitcoin became a boom to the corporate companies transaction.
"Approved bitcoin?"
You're speaking as if bitcoin wasn't use in illegal transactions online, but that's not the main point of mine why it hasn't been widely accepted worldwide. For a simple fact that Bitcoin is decentralized and governments are centralized, that fact alone should answer the question why most of the government all over the world is cautious with bitcoin. I'd rather choose people empowering bitcoin than governments lol.
You're speaking as if bitcoin wasn't use in illegal transactions online, but that's not the main point of mine why it hasn't been widely accepted worldwide. For a simple fact that Bitcoin is decentralized and governments are centralized, that fact alone should answer the question why most of the government all over the world is cautious with bitcoin. I'd rather choose people empowering bitcoin than governments lol.
Bitcoin is a decentralized which you don't need to take any approval from the government before you can carry out your transaction. Bitcoin is not control by the government, so it can decide to pump any time and dump any time which no government can question. Once it is legalized in a country you are free to invest and make your profit without government approve it for you.
Bitcoin is different from fiat money which is centralized and it is control by the government and it's approved by the government to every investors to make use in their business to make profit.
Bitcoin is different from fiat money which is centralized and it is control by the government and it's approved by the government to every investors to make use in their business to make profit.
In 12 years of time what it has achieved is big. In terms of growth, adoption, acceptance equal to currency, in transaction need, as an alternate payment gateway. In different forms it has been serving as a multi-purpose asset. We can't expect the same level of acceptance and authorization with every country.
Several countries have undergone research about the need of bitcoin and made it legal, by the time some countries have made use of the technology and hasn't completely legalized bitcoin. This way the difference can be found, but that doesn't stop its growth. With time it has been pushing itself forward than going downwards which is the goodness of bitcoin.
Several countries have undergone research about the need of bitcoin and made it legal, by the time some countries have made use of the technology and hasn't completely legalized bitcoin. This way the difference can be found, but that doesn't stop its growth. With time it has been pushing itself forward than going downwards which is the goodness of bitcoin.
:)Bitcoin was launched in 2007. It's 12 years and still no country has approved Bitcoin ?? Huh
and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"
and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"
If you want bitcoin to be one of thier main currency then thats not possible to happen .there are countries that already legal to use crypto currency as one of online payment you only need to follow government rules that they are given .
For Warren buffet that is only an opinion there are already big company Starting to adopt the use crypto currency even they say it doesn't mean it will happen its just simple opinions.
Always remember that Bitcoin is decentralized digital currency and government has no control over it. Also every country has it's own currency used by all people on their daily lives. They are more familiar with it rather than using a bitcoin. Not all people know about bitcoin ,so, I think let's just be contented that we still use bitcoin not just as investment but also an alternative to fiat currency although government not accepted it.
While a certain country "approving" bitcoin(I assume you meant announced as legal tender) is good, bitcoin doesn't need government approval to be successful. You would've known that if you did the slightest research.
EDIT: Ahh, the classic no response when everyone's throwing counter-arguments at you.
and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"
And? He doesn't like investing in tech companies like Apple and Microsoft because he doesn't understand them. What's your point?EDIT: Ahh, the classic no response when everyone's throwing counter-arguments at you.
:)Bitcoin was launched in 2007. It's 12 years and still no country has approved Bitcoin ?? Huh
and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"
Bitcoin was created in 2009, not 2007. Warren Buffet said bitcoin would end up badly? That means he knows nothing he is saying, after his bad speeches and hatred for bitcoin, bitcoin has been surviving and more adopted. and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"
Many Governments still stand by with their view that BTC isn't backed by anything that is why they cannot approve it as a legal tender. However, they approve it as an investment asset. They issue memorandums and create biils/laws to tax income from bitcoin trading and mining. Regulations of crypto exchanges and other platforms with crypto-related services are also proofs that they've accepted bitcoin to a certain extent.
Oh no, Japan law recognising Bitcoin as legal tender, Swiss public transport and municipal tax payable in Bitcoin, universities accepting Bitcoin as fee payments, hell, regulated and licenced merchants accepting all my bitcoin all these years... Fake news? Where have you been OP?
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