Topic: Bitcoin is Becoming a Global Currency - page 55. (Read 226404 times)

I can inform you on this matter

The Tax Service of Russia officially announced in their letter that they essentially had nothing to do with Bitcoin. In layman terms it means that they are not interested in going after Bitcoin users to levy taxes. This is what I have been telling for years myself here since collecting a Bitcoin tax (even though it is only a "subset" of an income tax, so to speak) would be a hell of a job for them. Now they made it pretty clear in an official manner

You are right well the most problem of the people or netizen is they are too lazy to do that job well most of them want to find a online job or you can earn money from it but the problem is them they are always finding an easy way to earn money though it is not really easy to earn it you should work for it

Bitcoin is introduce publicly as it is open and one can always search it over the internet, however there are people who are not really internet savvy and they do not easily understand the new thing, well basically bitcoin is a new thing. Having said that, they need someone to teach them personally so they will be convince to use bitcoin.

It's because it's not introduces publically thus it can't be known by simple people who tends not to use computer or use internet in their daily live. As new generation comes, expect that bitcoin would be globally competitive.

as bitcoin is already using in all over the world therefore i think it is already a global currency. i do not think that there will be a single country where the users of bitcoin will not be available, i think there is only needed to increase the users of bitcoin as the users of bitcoin are still very low, because majority of people still do not know about bitcoin, and therefore they need proper introduction of bitcoin.

but to me think bitcoin is already a global currency because the users of bitcoin are available everywhere in the world. as you can find the users of bitcoin in all over the world and therefore we can say that bitcoin is a global currency.

I agree with you. The blockchain system itself is not tied to any country. There are no borders for it. It can be used everywhere. That's why bitcoin can already be called a global currency

BItcoin is already a global currency, the adoption of it is not only in asian countries, but worldwide too Bitcoin in also in some other nations declared as their legal currency through merchants.

That means no one can ban the bitcoin, remember if the russian is one of the biggest countries. Chine is also trying to implement a tax for bitcoin.
 As far as I know if another country such as south korean is trying banning the bitcoin from his area.
It could be a wrong way to ban the bitcoin. If they're realized it can't be banned anywhere.

it's a matter of time to bitcoin be a global currency because the advantages given bitcoin even exceed other currencies and when we call cryptocurrency the first comes to the fixed thought is bitcoin. or maybe just waiting for support from the government.

Yeah your right, in some other country's there are merchants who accepted Litecoin or known as LTC and XMR and others. But most often to be used as mode of payment is Bitcoin, well that is very much obvious and no wondered  why? that's why because of this thing bitcoin has been spread out the whole world because of its unique features it has.

I think it is still many don't agree, bitcoin can be an international/global currency if more than 60% of the world population to know and use the bitcoin, but currently may not be more than 5% of the world population who use bitcoin.

Bitcoin being a global currency-crypto currency is nothing but a sweet dream, right now only 5m people are using bitcoin though not even as a main currency and here we are with 3 transactions per second and higher fees day after day and I doubt that if increasing the block size cost us cheap.
Just a simple block size limit increase is about to cost us a hard fork, now is the time for people to wake up and see how are they trying to control the protocol by telling miners SW is evil while acting as saints wanting nothing but the good of the network.

Just like miners can ignore transactions and mine empty blocks, how can we make sure unlimited miners will not ignore our low fees transactions and mine their empty blocks? since with asicboost it's even easier than before to do that.

How can we make sure that they haven't change something or added something to the code something similar to asicboost? as it appears they have been mining with asicboost for more than 1 year without anyone knowing, I'm not an expert to go and view the entire code but even experts were unable to detect asicboost.

All I know Core developers aren't the owners of big mining farms that's why I know they really have the network's future and it's success as their agenda, can we say the same thing about unlimited?

Bitcoin is very possible to be global currency, its free nature makes it very fast in transactions

If you convert your fiat into bitcoin it will not be subject to inflation anymore, this should be a global currency as it can give a good value
of our money with bitcoin. I can invest as well which is not possible in fiat, hope this will last longer..

I really don't have an update or any information about what's happening with Russia. And it's a good thing that they had moved the ban about bitcoin, they are seeing the potential of bitcoin and this is one of the countries that will start the new crypto currency market. I'm keeping an eye for them for the good news to come.

It is sounds good, I was great to know that bitcoin were becoming global currency. Because if all country have same currency, leveling of of people in the world were become fair to each other.

Russia did ban bitcoin for a little while but as of November 2016 bitcoin is considered "not illegal"
Not sure where they are at with their btc tax laws.

I hope this issue about acceptance of bitcoin on Russia will be fix very soon. If I'm not mistaken they are one of those countries that prohibited bitcoin for a short period of time but suddenly they removed that precaution about bitcoin and instead right now they are trying to adopt, hope this will be good in no time.

In Russia, the situation with the cryptocurrency remains incomprehensible. And all plans remain only plans. They have long been trying to pass a law on the cryptocurrency, but they have not yet accepted it.