Topic: 12 years and no country has approved Bitcoin ?? - page 8. (Read 2248 times)
There are so many country are done the regulations on bitcoin to use, for the example ( Japan ) and more. but still any country can't approve the bitcoins as a currency due to to many reasons like bitcoin is a decentralize and more. But I hope we can see more counties can launch their own crypto currency in future as what chain did.
I think bitcoin is very difficult to be accepted by governments as a currency. Bitcoin is decentralized and nobody can govern it, governments don't like it.
Perhaps in the future bitcoin will continue to act as an asset rather than a currency.
It can't be officially announced or accepted as a currency but allowing their people to use this is good enough to say that we are even closer to their approval. It was not a hard push for everyone to consider Bitcoin as a legal currency that we can buy stuff either online or offline. No, it is not, Bitcoin is intended only for the online platform and so country leaders would hardly to decide and accept it.Perhaps in the future bitcoin will continue to act as an asset rather than a currency.
Look at OP, Warren Buffet have to sense at all. he is now living on his unreliable statement that no one will able to trust him and believe what he says. So better to unfollow him, it is not helping you to understand crypto.
I think it takes a very long time and a lot of effort for bitcoin to be accepted by the government.
This just proves that bitcoin has been decentralized for 12 years. This is a good trend for crypto.
it is almost 11 years and not 12 years mate,but yeah Bitcoin is still strong being decentralized and this is what we all want to prove here.What I know now is that many countries are Approving cryptocurrency.
approving but not accepting as a currency and this is what OP is pointing though it is impossible to happen for now until government of the world accept that they can allow even it is decentralized.
What I know now is that many countries are Approving cryptocurrency.
:)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 is a decentralized cryptocurrency, The country can't control of bitcoin, there is no way the country can approve or make bitcoin be the national currency in a country. If you believe in Warren Buffet, that's your right. but I don't believe it. and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"
This just proves that bitcoin has been decentralized for 12 years. This is a good trend for crypto.
Ahh, good old Warren Buffet. A man that I was told to respect when I was a child. A man that I did respect until I found out what a lying 2 faced pony soldier he was. He campaigned against the oil pipeline saying it would spill oil when the reality was that his rail lines have more oil spills than the pipeline would likely incur. He also champions curbing green house emissions but has no problem flying everywhere in a private jet.
People only listen to him because he has money and can move the market.
And because people listen to these people on the pure basis that they have money and can move the market is where the heart of the problem lies. The more people give in to these people the more they empower them, and thus encouraging them to continue doing what the've always done, and that's blubber for the sake of public facing and getting coverage. Because once someone said, bad press is better than no press at all - you can probably guess who that person is. People only listen to him because he has money and can move the market.
:)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"
10 years and no country has approved Bitcoin ??
23 February 2018, 14:01:58
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"
23 February 2018, 14:01:58
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"
Whether it's the same user who just c/p their old posts with minor changes, or it's plagiarism, I have no doubt that the OP should think deeply about his actions and read the forum rules. Low quality topics do not belong here.
Came to find out after 5 pages of this thread, he just copied his post to someone else's.
Also, as others already stated, it doesn't mean that bitcoin is illegal if the government has not approved the usage of it. Take a look below articles and you can see the global map about the status of bitcoin around the globe. From the overview of it, all the colored green are countries having bitcoin as legal entity. So btc is actually not doing bad after more than a decade of its existence.
https://cryptonews.com/guides/countries-in-which-bitcoin-is-banned-or-legal.htm
https://www.mitrade.com/forex/crypto/crypto-market/is-bitcoin-legal
:)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"
10 years and no country has approved Bitcoin ??
23 February 2018, 14:01:58
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"
23 February 2018, 14:01:58
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"
Whether it's the same user who just c/p their old posts with minor changes, or it's plagiarism, I have no doubt that the OP should think deeply about his actions and read the forum rules. Low quality topics do not belong here.
What do you mean by approved? The way I see it, if something is legal it also is approved. Up to thispoint at least half of the countries around the world have recognized Bitcoin as an investment or a financial instrument. I don't understand what OP is ranting about, but you can go to almost any EU country and be able to trade Bitcoin, use a Bitcoin ATM, be able to report a bitcoin theft to the authorities...
Ahh, good old Warren Buffet. A man that I was told to respect when I was a child. A man that I did respect until I found out what a lying 2 faced pony soldier he was. He campaigned against the oil pipeline saying it would spill oil when the reality was that his rail lines have more oil spills than the pipeline would likely incur. He also champions curbing green house emissions but has no problem flying everywhere in a private jet.
People only listen to him because he has money and can move the market.
People only listen to him because he has money and can move the market.
cryptocurrencies are very unusual product happens when every country make their own crypto. It is used for online payment or transfer from one to another then why should use bitcoin it will be their country own cryptocurrencies. So it is very hard to say what is going in in the mind of countries supremo. In some countries you can purchase legally through bitcoin. Lets see what happens but one this I like to say bitcoin has make a place in whole world and lots of money has been invested in btc arround world.
They didn’t approve it because bitcoin emerged against local currencies and states were not able to control the bitcoin stock market. Despite this situation, governments have already started working to issue centrally-controlled and state-sponsored cryptocurrencies.
It is a fact that will happen, in the end many countries will make their own cryptocurrency, and at that time decentralization will be questioned in cryptocurrency.but I am sure even if that happens, bitcoin will still exist because many people prefer decentralization to centralization, and bitcoin does not need to be approved by the state as long as there are still many communities that support this technology.
:)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"
I am just Wondering on all your post is Pure Bounties and it can be checked hereand in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"
https://bitcointalksearch.org/user/mdsumon0066-2861414
But you come here to Post this?you have not even Join and Bitcoin paying bounties but your concern is the approving of bitcoin?
why not Stay in your Bounties and let Bitcoin community without Fud creating.
They didn’t approve it because bitcoin emerged against local currencies and states were not able to control the bitcoin stock market. Despite this situation, governments have already started working to issue centrally-controlled and state-sponsored cryptocurrencies.
yup and we can see that even banks are starting to adopt crypto currency. 
:)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"
What do you mean when you have said approved? Do you mean to fully adapt on using Bitcoin? There are already countries who have legalized and accepted Bitcoin usage. But if you do mean that approval seeks to turn Bitcoin into their national currency, then it is far beyond impossible for each and every country have their own national currency and that serves as an identity of a country just like their sovereign they have.
Also, why do you take advices or suggestions coming from any famous personality when you can decide and see it on your own that even after every struggle that Bitcoin takes, it always keep up on doing recovery. If you are really into Bitcoin, then just believe on what you can see on your own and not by other people. You have your own mind so better make use of it and do be reliant into other people's opinion.
If someone is looking for approval, it means they're asking for permission. We're not asking for permission. We don't need it.
In fact, Bitcoin almost certainly works better without being "approved". Because, generally, in order to get permission to do what we do from the state, you have to make certain concessions. Compromises that would make Bitcoin weak and ineffective at what it does best, which is that no one can block you from transacting with whoever you want.
You know who's got permission?
PayPal. They can block your payments if the state tell them to.
Visa. They can block your payments if the state tell them to.
Mastercard. They can block your payments if the state tell them to.
Starting to see a pattern?
In fact, Bitcoin almost certainly works better without being "approved". Because, generally, in order to get permission to do what we do from the state, you have to make certain concessions. Compromises that would make Bitcoin weak and ineffective at what it does best, which is that no one can block you from transacting with whoever you want.
You know who's got permission?
PayPal. They can block your payments if the state tell them to.
Visa. They can block your payments if the state tell them to.
Mastercard. They can block your payments if the state tell them to.
Starting to see a pattern?
:)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"
^ Different countries have a different perspective view on bitcoin and other cryptos. Some of them banned bitcoin but vast of the majority and most governments are there is no such rule and they are neutral to it. But as you can see, there are certain countries that realized how bitcoin will work and how it will function, their curiosity will explore, and probably they will take advantage of what you been advised. Nevertheless, as of now, they saw how useful this is not only during the pandemic, a cashless society is very important. and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"
:)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"
Buddy, you seem to have a wrong perception about bitcoin. Bitcoin was created so that the Governments and Banks cannot control our money. and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"
It should be us to control our money. Bitcoin is serving it's purpose very well and it does not need any approval from any country.
There are people who accept bitcoin and provide their services and there are merchants who accept bitcoin.
Also, I would recommend you to read the bitcoin whitepaper as you will get more insights and a better understanding about bitcoin.
Bitcoin Whitepaper
Lot of countries made cryptos as legal but not as legal tender since each and every country has its own toilet paper as currency so it is supposed to be only used in their opinion.But some countries made it as legal in terms of digital assets which is still legal right and you can use it for any purposes other than illicit activities. To use bitcoin you need privat keys not the approval of your government.
They didn’t approve it because bitcoin emerged against local currencies and states were not able to control the bitcoin stock market. Despite this situation, governments have already started working to issue centrally-controlled and state-sponsored cryptocurrencies.
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