Topic: Bitcoin Adoption In Your Country - page 12. (Read 11555 times)
I do not want to see, what happened or the development of bitcoin in my own country, but I am amazed the development of bitcoin in southeast Asia, countries like Singapore, Vietnam and Indonesia have seen opportunities for the advancement of bitcoin. but a special note for Indonesia, the people of Indonesia are very welcoming of the presence and development of cryptocurrency, but unfortunately, the government there is still too closed with crypto or bitcoin.
In my country, government is somehow neutral about bitcoin.
Some companies have managed to register as bitcoin exchange offices and we even have several bitcoin ATMs.
Central bank issued public statement about crypto and said that bitcoin is not money or financial assets but nothing worse than that has happened.
Our local BTC community is small but growing every day and the first merchants started to accept bitcoin.
Some companies have managed to register as bitcoin exchange offices and we even have several bitcoin ATMs.
Central bank issued public statement about crypto and said that bitcoin is not money or financial assets but nothing worse than that has happened.
Our local BTC community is small but growing every day and the first merchants started to accept bitcoin.
Adoption of cryptocurrency is going strong. There is no laws or regulations that are being pushed but using bitcoin and other crypto is being allowed.
in my country only a small percentage know bitcoin or less than 5% of the total population but I think the development is quite good since 2017, and for regulations in my country bitcoin may be owned but may not be a means of payment and all risks are borne alone.
In my country are some people who use bitcoin and i have some shops who accept paying with bitcoin but i with to have more and i think we are far away from mass adoption.
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Bitcoin still not accepted in my country, but people can use bitcoin as a way to make money. People in my country can buy and sell bitcoin in the local exchange, and it's not just for bitcoin, but the altcoin also traded in that exchange. Although my government still not giving clear regulations about cryptocurrency, not many people from my country have been used cryptocurrency, and many of them still prefer to use the traditional way to make money.
In our country, it is the same so I think we are from the same country, the Philippines. Though I am not in the place where most of the people use it, I can feel that the number of people using is increasing since a lot of more of people I know talks about it that is near to urban places. I hope this became mainstream in our country since I want our people to use it more.
Bitcoin adoption in my country is going well. I will not say that it is currently developed in my country but I think it will. I can say that more and more people are choosing cryptocurrency because of influence. Yes, there is still some people that does not want to adopt it but there were some maximalist that will convince them.
There definitely is a noticeable difference between adoption before and after the 2017 bull run. I have so many more people around me that are willing to accept Bitcoin as payment form for goods and services that I haven't used my throwaway PayPal accounts much in the last 1-1.5 years.
When the price dipped below $6000 last year people were literally begging me to pay in Bitcoin. For me that's not an issue at all because I replace every satoshi that I spend, so I'm happy to distribute coins amongst more normal folks here.
I must however say that I don't yet feel comfortable saying that I am in Bitcoin since 2013. I either say that I have a few $k worth of it or that I panic sold during the 2018 bear market. Better safe than sorry. This is something I'm sure a lot more people deal with in their personal environment.
When the price dipped below $6000 last year people were literally begging me to pay in Bitcoin. For me that's not an issue at all because I replace every satoshi that I spend, so I'm happy to distribute coins amongst more normal folks here.
I must however say that I don't yet feel comfortable saying that I am in Bitcoin since 2013. I either say that I have a few $k worth of it or that I panic sold during the 2018 bear market. Better safe than sorry. This is something I'm sure a lot more people deal with in their personal environment.
What about in your own native land...how's bitcoin adoption been going on? Is there a bright future in there or maybe is it facing a gloomy and cloudy prospect? Let's talk...
Bitcoin is mostly a gray area in Russia
If this is what you wanted to hear. What I mean by a gray area is that there are no laws regulating cryptocurrencies but there are still some regulations (not laws) which can be construed as Bitcoin not being explicitly prohibited. For example, a year or so ago a regulation had been passed allowing government employees and officials not to pay taxes on their cryptocurrency income. That basically means two things. First, that Bitcoin is essentially tax-exempt in Russia, and, second (and most important), that the possession of cryptocurrencies is not illegal per se (as you can't make something illegal tax-exempt)
Bitcoin in our country is legally accepted.we freely use bitcoin here.but ofcourse in every transaction there is a fee.but Im gladly use bitcoin because theres also a rebate.thats why I always use bitcoin.
Bitcoin adoption is ok here where I am living I have an easy time trading my cryptos to our local currency, and this is a big help I'm using it to pay for my bills and my grocery, and we already had few Bitcoin Atm here in our country and soon we will have more, also lucky to be living in our country where Bitcoin is quite popular.
Even i am living in a semi-poor country, bitcoin adoption is not very low. Lots of people know what is bitcoin and cryptocurrency and many have using multiple exchanges. But the problem is, most of the people is looking bitcoin is a get rich method. Like they hope to buy some btc when it is 5k$ and they want to sell it when it is 500k $ in 2 years. They don't care anything about the technology behind it.
Our country is still neutral against Bitcoin, there are no restrictions but also not legalized. But seeing the speech of our President who mentioned Bitcoin and Cryptocurrency several times, it seems like Bitcoin here has a bright future. Just waiting for the right time to wait for the government's decision to legalize it, moreover here many people also enter in the world of Bitcoin and Cryptocurrency.
In my country, not everything is so good with bitcoins, but I would not say that everything is bad. It is not prohibited by law, but its use in the country is limited. I would like more freedom to use bitcoin.
Our government accepted crypto like other pro crypto countries, there are exchanges operating licensed by the central bank, but still the competition are very small. In terms on how people are educated with crypto, I can say only few of the total popular really knows what really is bitcoin as I can still read news that there are people who got scammed by investment scheme, using bitcoin to attract people, well, our government are also combating those scams and I'm hoping they will also help to educate people about bitcoin.
In my country, the government have not make any move against bitcoin and other cryptocurrencies. Beside it's warnings on the issue of crypto volatility, the banks, and other government agencies has not been a problem to crypto users as there are more pressing issue the government has to address. In all the number of persona getting involved in bitcoin here in my country is on a steady rise.
In my country there are no strict rules for using bitcoin, but its uses are very limited. But for other countries the use of encrypted currencies will be better in my future
Here in my country, it is not illegal and the government is not really strict about using bitcoin and other cryptocurrency. It is also gaining attention here but I don't think it's enough since most people still don't know crypto and how it works, plus most businesses are still not open in using crypto for payments. However, I can still say that it has a bright future here in my country.
What about in your own native land...how's bitcoin adoption been going on? Is there a bright future in there or maybe is it facing a gloomy and cloudy prospect? Let's talk...
There's a bright future but many people are still not ready for the bitcoin adoption. We have a good regulations in cryptocurrency and we soon have more local cryptoexchanges, since many companies are already working with the government. I can proudly say that we can use bitcoin without having any problem with the regulations, so far so good and I do hope that when there's a final regulations, more people will have their own bitcoin and create their own cryptowallet soon.
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