Topic: 12 years and no country has approved Bitcoin ?? - page 12. (Read 2185 times)
The great part about Bitcoin is that it doesn't need the approval of any governments. Even if they attempt to tax it, ban it, or censor it, it is always usable and accessible by its nature.
:)Bitcoin was launched in 2007. It's 12 years and still no country has approved Bitcoin ??
Simply. Bitcoin was created to destroy national bank systems. Governments and their bank systems are fearing of bitcoin. The more adoption of bitcoin globally and nationally, the more nightmares they will have.The message in the genesis block says it.
Quote
00000000 01 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 ................
00000010 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 ................
00000020 00 00 00 00 3B A3 ED FD 7A 7B 12 B2 7A C7 2C 3E ....;£íýz{.²zÇ,>
00000030 67 76 8F 61 7F C8 1B C3 88 8A 51 32 3A 9F B8 AA gv.a.È.ÈŠQ2:Ÿ¸ª
00000040 4B 1E 5E 4A 29 AB 5F 49 FF FF 00 1D 1D AC 2B 7C K.^J)«_Iÿÿ...¬+|
00000050 01 01 00 00 00 01 00 00 00 00 00 00 00 00 00 00 ................
00000060 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 ................
00000070 00 00 00 00 00 00 FF FF FF FF 4D 04 FF FF 00 1D ......ÿÿÿÿM.ÿÿ..
00000080 01 04 45 54 68 65 20 54 69 6D 65 73 20 30 33 2F ..EThe Times 03/
00000090 4A 61 6E 2F 32 30 30 39 20 43 68 61 6E 63 65 6C Jan/2009 Chancel
000000A0 6C 6F 72 20 6F 6E 20 62 72 69 6E 6B 20 6F 66 20 lor on brink of
000000B0 73 65 63 6F 6E 64 20 62 61 69 6C 6F 75 74 20 66 second bailout f
000000C0 6F 72 20 62 61 6E 6B 73 FF FF FF FF 01 00 F2 05 or banksÿÿÿÿ..ò.
000000D0 2A 01 00 00 00 43 41 04 67 8A FD B0 FE 55 48 27 *....CA.gŠý°þUH'
000000E0 19 67 F1 A6 71 30 B7 10 5C D6 A8 28 E0 39 09 A6 .gñ¦q0·.\Ö¨(à9.¦
000000F0 79 62 E0 EA 1F 61 DE B6 49 F6 BC 3F 4C EF 38 C4 ybàê.aÞ¶Iö¼?Lï8Ä
00000100 F3 55 04 E5 1E C1 12 DE 5C 38 4D F7 BA 0B 8D 57 óU.å.Á.Þ\8M÷º..W
00000110 8A 4C 70 2B 6B F1 1D 5F AC 00 00 00 00 ŠLp+kñ._¬....
00000010 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 ................
00000020 00 00 00 00 3B A3 ED FD 7A 7B 12 B2 7A C7 2C 3E ....;£íýz{.²zÇ,>
00000030 67 76 8F 61 7F C8 1B C3 88 8A 51 32 3A 9F B8 AA gv.a.È.ÈŠQ2:Ÿ¸ª
00000040 4B 1E 5E 4A 29 AB 5F 49 FF FF 00 1D 1D AC 2B 7C K.^J)«_Iÿÿ...¬+|
00000050 01 01 00 00 00 01 00 00 00 00 00 00 00 00 00 00 ................
00000060 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 ................
00000070 00 00 00 00 00 00 FF FF FF FF 4D 04 FF FF 00 1D ......ÿÿÿÿM.ÿÿ..
00000080 01 04 45 54 68 65 20 54 69 6D 65 73 20 30 33 2F ..EThe Times 03/
00000090 4A 61 6E 2F 32 30 30 39 20 43 68 61 6E 63 65 6C Jan/2009 Chancel
000000A0 6C 6F 72 20 6F 6E 20 62 72 69 6E 6B 20 6F 66 20 lor on brink of
000000B0 73 65 63 6F 6E 64 20 62 61 69 6C 6F 75 74 20 66 second bailout f
000000C0 6F 72 20 62 61 6E 6B 73 FF FF FF FF 01 00 F2 05 or banksÿÿÿÿ..ò.
000000D0 2A 01 00 00 00 43 41 04 67 8A FD B0 FE 55 48 27 *....CA.gŠý°þUH'
000000E0 19 67 F1 A6 71 30 B7 10 5C D6 A8 28 E0 39 09 A6 .gñ¦q0·.\Ö¨(à9.¦
000000F0 79 62 E0 EA 1F 61 DE B6 49 F6 BC 3F 4C EF 38 C4 ybàê.aÞ¶Iö¼?Lï8Ä
00000100 F3 55 04 E5 1E C1 12 DE 5C 38 4D F7 BA 0B 8D 57 óU.å.Á.Þ\8M÷º..W
00000110 8A 4C 70 2B 6B F1 1D 5F AC 00 00 00 00 ŠLp+kñ._¬....
https://en.bitcoin.it/wiki/Genesis_block
I guess you mean bitcoin(the currency)... or do you mean both the currency and the Decentralized Network/tech?
If they didn't approve Bitcoin, they wouldn't be copying the technology (like Blockchain) or allow Bitcoin exchanges/platforms to trade in countries.
I think part of the problems is that regulators either don't understand Bitcoin in order to make it part of the law and officially approve it... Or it's probably too transparent/decentralized/immutable for the liking of some regulators, and won't let them operate opaquely, lawlessly, without accountability, etc
. So for such people, the technology has to be centralized and controlled by them for them to approve it.
If they didn't approve Bitcoin, they wouldn't be copying the technology (like Blockchain) or allow Bitcoin exchanges/platforms to trade in countries.
I think part of the problems is that regulators either don't understand Bitcoin in order to make it part of the law and officially approve it... Or it's probably too transparent/decentralized/immutable for the liking of some regulators, and won't let them operate opaquely, lawlessly, without accountability, etc
. So for such people, the technology has to be centralized and controlled by them for them to approve it.
You're a twit. Please explain to me what exactly does "approved" mean. Do I need approval from the government to do everything? So there must be a written law in place for every possible action people take?
There is nothing to prove. You are totally clueless and know nothing about the law or much else it seems. You're little
at the end of your comment just shows you are a troll and not a very clever one at that.
Get this into your head. The government is not a god. You don't need the approval to do anything. I can use crypto even if it is a crime they cannot prevent you. You are utterly mindless
There is nothing to prove. You are totally clueless and know nothing about the law or much else it seems. You're little
at the end of your comment just shows you are a troll and not a very clever one at that.Get this into your head. The government is not a god. You don't need the approval to do anything. I can use crypto even if it is a crime they cannot prevent you. You are utterly mindless
Many countries have been allowing Bitcoin. You should read this topic, List of Countries Where Bitcoin/Cryptocurrency Is Legal & Illegal (Banned). But if you are talking about approve it officially then it wouldn't happen since Bitcoin is a decentralized cryptocurrency. There is quite a difference between legalize bitcoin and approved it as an official currency.
Regarding prediction badly end up, there was so may similar prediction from the beginning. But still, Bitcoin is alive and I believe it will be live for a long time or forever. This kind of prediction wouldn't affect the bitcoin, because Bitcoin always depends on its community.
Regarding prediction badly end up, there was so may similar prediction from the beginning. But still, Bitcoin is alive and I believe it will be live for a long time or forever. This kind of prediction wouldn't affect the bitcoin, because Bitcoin always depends on its community.
:)Bitcoin was launched in 2007. It's 12 years and still no country has approved Bitcoin ?? Huh
It was actually invented in 2008 and launched in 2009 by Satoshi. It totally depends on what "approved Bitcoin" means to you. If you mean adopting it as a national currency, it's close to impossible due to the fact that governments do not have any kind of power in this economy.Other than that, while there are some countries hostile to Bitcoin, there are many, many out there allowing its usage even as a method of payment. Regulations helped make that happen, but while on the other hand attacking privacy from multiple sides.
and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"
If he's your idol and you take his word for granted as if he was some crystal ball, then do so. But I wouldn't if I were you. Bitcoin could end up badly the same way Buffett's portfolio could. It's all about what the future reserves for us. John McAfee has said years ago that Bitcoin would either hit $1M by the end of this year or he'd cut his d*ck and eat it live on TV. Would that be convincing enough for you that Bitcoin is going to make you rich? It wasn't for me, and it seems like he either has to eat his own sexual organ or he'll just take it as probably the biggest L of his life.Influencers and billionaires aren't Gods. They only have masses they move to the directions they want. I'd honestly recommend you not to be part of those masses.
Each country have their own currency so there is no need for them to approves it as we can easily use it as an alternative with some rules and protocol assigned by the government. Since bitcoin or any crypto operator is from different countries it will be hard for any government to approves it. So it's still good even they don't approve it we were able to use and knows it.
About bitcoin ends badly, iy may happen but not this early, there are still many uses and advantages that can be use bitcoin in making transactions easier. Those who believes and studied it were able to know the importance it can give to them.
About bitcoin ends badly, iy may happen but not this early, there are still many uses and advantages that can be use bitcoin in making transactions easier. Those who believes and studied it were able to know the importance it can give to them.
:)Bitcoin was launched in 2007. It's 12 years and still no country has approved Bitcoin ?? Huh
how can the government approved a decentralized coins?? the government will only be approved what they can control and Bitcoin cannot control. even the government has to be the whale to control the price and it certainly will not happen. just let Bitcoin stay like this (a decentralized coin that has a high value)#This has been discussed repeatedly and I think you are just lazy to find it in other topics
and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"
come on, do you believe his predictions?? in the investment world, I respect warren but he is not a shaman who can predict anything. if Bitcoin is going to die it must have happened since 10 years ago..
:)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"
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