Bitcoin Booms in Evolving Markets | Bitcointalksearch.org

bitjoin

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Quote from: allthingsluxury on October 16, 2017, 11:29:21 AM

This is something that I am shocked to see taking so long. Bitcoin is an ideal currency in many of these countries and I am surprised that it hasn't been even more widespread. For example Bitcoin is vastly superior to the high fees of Western Union.

Its superior but because its new its currently not adopted and so people cant use it for day to day things so easy. Once the big money payment processors,banks and gov are forced to join the party everyone can use it much easier. Anything devs can do mean time to help with user friendliness would help.

affigne

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Writting/Translations EN-ES available HERE!

The "promised land" of Bitcoins is in South America.

Just wait and see... Wink

allthingsluxury

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This is something that I am shocked to see taking so long. Bitcoin is an ideal currency in many of these countries and I am surprised that it hasn't been even more widespread. For example Bitcoin is vastly superior to the high fees of Western Union.

real_links

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As far as adoption goes, Bitcoin follows a familiar pattern. Populous, first world countries in North America, Europe and Asia were first to catch Bitcoin fever, the first to establish exchanges and the first to begin restricting them as well. While early Bitcoin trading in these countries was largely boundless, allowing for things like margin trading and high leverage, as more of each country’s fiat money moved into Bitcoin, governments and central banks began to draw lines.
The market witnessed a pointed example of such “no more nonsense” regulation as recently as a few days ago in South Korea. Following China’s example, the country decided to limit ICOs and no-fee exchanges, which had until that point been an enormously speculative influence in the altcoin markets. However, no matter the increasing rate of adoption and regulation around the world, Bitcoin always manages to find its “Wild West” somewhere new.

https://cointelegraph.com/news/bitcoin-booms-in-evolving-markets

Topic: Bitcoin Booms in Evolving Markets (Read 180 times)