Topic: Bitcoin is difficult to accept in countries - page 7. (Read 2324 times)
This is the truth because bitcoin is beyond their control and they cannot accept it because it will only damage their fiat money. But they cannot stop the crypto currency revolution and will continue to do so because of people who support and believe in the good intentions that crypto provides for our lives.
As it is not strange but it seems to me that in economically developed countries it is more difficult to accept bitcoin because the financial and banking systems will resist it.
You don't know why US SEC is doing it. They are trying to delay the big blast off the price when they allow even a single ETF because the accumulation phase is still ongoing and prices need to remain both stable and cheap to impress SEC for their state of described time. About the countries, G20 had already discussed measures to be taken to prevent crime being done through crypto and appreciate Blockchain. If they are accepting the technology, they will understand that the need to accept Bitcoins is more important than that because Bitcoin is the reason why Blockchain came into limelight.
do you mean that bitcoin holders are agreeing to keep prices stable and cheap to convince the SEC that Bitcoin is safe. if it's like that, I think that would be an SEC reason to keep delaying ETFs. because when ETFs are accepted Bitcoin will jump up and have irregular prices. especially about the increase. maybe I don't really understand about the SEC's decision to keep delaying it. But what I focused on was why did Bitcoin and blockchain begin to separate? right now I feel that Bitcoin doesn't want to be accepted in large countries. but they adopted the blockchain. what I might see is, countries will make their currencies on the Blockchain network. 
Bitcoin will always be controversial no matter what, but the thing is, no country can stop or have control over it. Although some countries are putting a hammer ban, there are also nations on the opposite side of the spectrum who see benefits and welcome it with open arms, i.e. Japan or Australia or Germany.
Bitcoin being decentralized is the reason why it is hard for large countries to be accepted. at this time we know that the Blockchain is being discussed in large countries. and some time ago the Chinese president was welcome on Blockchain. But what about Bitcoin? there is still a lot of controversy going on. Even the US (SEC) is still rejecting the given bitcoin proposal. while we know. Bitcoin is the first carrier of Blockchain technology for general use. is it because of the basic bitcoin that has an anonymous background? so it is difficult to be accepted by the state. could bitcoin be separated someday? I mean Blockchain will be positively welcomed in the world. while Bitcoin will remain controversial.
share your opinions.
As for the technology, it has already taking the world by storm. They are even talking about blockchain 2.0 already, which means that it has already evolved and many industries have been implementing it.share your opinions.
Other countries will most like to focus their sight on blockchain technology as they started creating their own crypto. In this way, they don't need to control or manipulate bitcoin but to become one of its competitors.
Bitcoin is having a hard time being accepted by the government mainly because: [1] They don't want what they can't control or monitor. Having anonimity since not all have undergone KYC in exchanges, and they only have a bunch of addresses to look at the ledger, could be a problem when tracking down someone for whatever they're reason (e.g. a criminal usage, illegal activities). [2] It is deflationary, and price fluctuates fast and in huge amounts, which could impose difficulty in implementing it as mode of payment. [3] Regulation is a problem and might be too late for now, you can't just forcefully require every bitcoin wallet owner/holder to identify themselves.
You don't know why US SEC is doing it. They are trying to delay the big blast off the price when they allow even a single ETF because the accumulation phase is still ongoing and prices need to remain both stable and cheap to impress SEC for their state of described time. About the countries, G20 had already discussed measures to be taken to prevent crime being done through crypto and appreciate Blockchain. If they are accepting the technology, they will understand that the need to accept Bitcoins is more important than that because Bitcoin is the reason why Blockchain came into limelight.
at this time we know that the Blockchain is being discussed in large countries. and some time ago the Chinese president was welcome on Blockchain. But what about Bitcoin? there is still a lot of controversy going on. Even the US (SEC) is still rejecting the given bitcoin proposal. while we know. Bitcoin is the first carrier of Blockchain technology for general use. is it because of the basic bitcoin that has an anonymous background? so it is difficult to be accepted by the state. could bitcoin be separated someday? I mean Blockchain will be positively welcomed in the world. while Bitcoin will remain controversial.
share your opinions.
Probably government dislike Bitcoin simply because of course the anonymity since it is really hard to modulate this kind of currency indeed. Besides, they welcome Blockchain but didn't acknowledge the existence of Bitcoin because they probably wanted to create their own coin that is centralized for them to manipulate. However, I do still believe that Bitcoin would be widely accepted by world government not for now but soon. share your opinions.
Blockchain is technological advancement and the world will really have to adapt it for development. But the governments are still being uncertain with bitcoin because it's all about risk and decentralization that the government cannot control when they adopt it. Sooner more countries will look at blockchain but that doesn't mean bitcoin is going to be adopted as well since they are different.
Bitcoin is only controversial for the global bankster elite who are currently holding the bag of 200+ trillion USD of unsecured debt.
Meanwhile the rest of the world will engage in honest p2p permissionless commerce using BTC.
Meanwhile the rest of the world will engage in honest p2p permissionless commerce using BTC.
I couldn't agree more with you.
Therefore, I believe Bitcoin will become and remain no. 1 option for p2p permissionless commerce.
Because Bitcoin is anonymous, Bitcoin cannot be controlled by anyone, Because the price of bitcoin is volitile, Because it is too risky to invest here because of the threat of hackers and more, which prevents bitcoin from being recognized as one of the most beautiful inventions of this era.
at this time we know that the Blockchain is being discussed in large countries. and some time ago the Chinese president was welcome on Blockchain. But what about Bitcoin? there is still a lot of controversy going on. Even the US (SEC) is still rejecting the given bitcoin proposal. while we know. Bitcoin is the first carrier of Blockchain technology for general use. is it because of the basic bitcoin that has an anonymous background? so it is difficult to be accepted by the state. could bitcoin be separated someday? I mean Blockchain will be positively welcomed in the world. while Bitcoin will remain controversial.
share your opinions.
Blockchain is loved because it provides a way for advanced countries like China, America, Australia, Japan, and other really advanced countries to be able to move their financial systems forward into a system that is even easier to trace, and is just better then our current one.share your opinions.
Bitcoin is hated because it uses blockchain technology - but Satoshi also added a spice of decentralization which means no government will be able to control it fully (unless they own so much BTC they can market manipulate), and that's one of the main reasons why it'll be hard for the state to be accepted as a currency.
If your talking about hard forks, for separation, it could happen, but it wouldn't be bitcoin anymore - BTC without decentralization would be weird...
I don't think that the blockchain technology is the reason but rather (like you said) it is due to the decentralization that Satoshi "spiced." But given the current volume of the crypto market, if the government(s) is dedicated enough then, going by your logic, they can control the market by purchasing a huge amount of BTC. If your talking about hard forks, for separation, it could happen, but it wouldn't be bitcoin anymore - BTC without decentralization would be weird...
The thing is that governments and banks are kind of frigthened about Bitcoin. They do however embrace the blockchain technology as that could really add up to the bank & public systems' transparency and efficiency. I noticed that they try to stall the time so they can come up with their own cryptocurrency. That's what China and Facebook is doing at the moment. They want capture the cryptocurrency momentum to create and implement their own "centralized" crypto to the population. In my vision this is how the crypto revolution will end up: countries create their own "regulated" cryptocurrencies and Bitcoin will become a worldwide mainstream currency like Gold is for fiat.
at this time we know that the Blockchain is being discussed in large countries. and some time ago the Chinese president was welcome on Blockchain. But what about Bitcoin? there is still a lot of controversy going on. Even the US (SEC) is still rejecting the given bitcoin proposal. while we know. Bitcoin is the first carrier of Blockchain technology for general use. is it because of the basic bitcoin that has an anonymous background? so it is difficult to be accepted by the state. could bitcoin be separated someday? I mean Blockchain will be positively welcomed in the world. while Bitcoin will remain controversial.
share your opinions.
Maybe it is because the government doesn't see any help that bitcoin can provide in their country and the whole monetary system, unlike blockchain that has the potential to be very useful in every aspect of the government system, financial and many more blockchain technology can be used on improving the whole government system now. share your opinions.
Countries that wont accept Bitcoin and the blockchain are very few compared to the numbers of countries that are supporting the Bitcoin existence and besides those who supported Bitcoin existence are mostly strong in talking of economy and influence like China, USA and Russia in which these countries are most respected that they openly supporting Bitcoin and utilizing the blockchain technology to their needs therefore we should not worrying about those small countries that won't accept Bitcoin as sooner and later they will realize of how important the Bitcoin concepts is.
Simply because Bitcoin is a financial instrument or a currency and they can’t think of a way to control it. the whole idea behind cryptocurrencies, at least the decentralised ones like bitcoin, is to take out the financial control from the banks and governments. since this will prevent the governments from taxing people and thereby take out their control over economy of the country. If everyone started accepting Cryptocurrencies tomorrow we could be free from all involuntary taxes. Wouldn’t be surprised if those that forbid or illegal it, allow it once they figure a way to tax it.
blockchain and bitcoin are often hot chats and are considered trivial by the government ,one day they will realize the use of bitcoin as the most appropriate payment option for each country ,the anonymous nature of bitcoin is often used as a problem but actually the problem exists because fiat printing can be in fake by mafia but bitcoin cannot be faked
I mean Blockchain will be positively welcomed in the world. while Bitcoin will remain controversial.
share your opinions.
share your opinions.
Bitcoin is the product of blockchain if they accept blockchain they should also accept or even honor its first product out of it and if they accept blockchain, they should accept it's creator, we cannot separate the two Bitcoin and blockchain, Bitcoin will always be associated with blockchain and blockchain will always be associated with Bitcoin.
Anonymous background of bitcoin is the one who pulls it down, a lot of people is hard to acquire or identify what is bitcoin purpose in our society. there is always fear and dread on their mind because of bitcoin negative side. if this continue spreading, bitcoin will not surely recognize by the government. however we still have time to to change it. and to show others that bitcoin will help us to achieve real change in the future. countries will allow bitcoin to spread if they find it useful to them.
I mean Blockchain will be positively welcomed in the world. while Bitcoin will remain controversial.
share your opinions.
share your opinions.
Bitcoin is the product of blockchain if they accept blockchain they should also accept or even honor its first product out of it and if they accept blockchain, they should accept it's creator, we cannot separate the two Bitcoin and blockchain, Bitcoin will always be associated with blockchain and blockchain will always be associated with Bitcoin.
at this time we know that the Blockchain is being discussed in large countries. and some time ago the Chinese president was welcome on Blockchain. But what about Bitcoin? there is still a lot of controversy going on. Even the US (SEC) is still rejecting the given bitcoin proposal. while we know. Bitcoin is the first carrier of Blockchain technology for general use. is it because of the basic bitcoin that has an anonymous background? so it is difficult to be accepted by the state. could bitcoin be separated someday? I mean Blockchain will be positively welcomed in the world. while Bitcoin will remain controversial.
Share your opinions.
Blockchain is loved because it provides a way for advanced countries like China, America, Australia, Japan, and other really advanced countries to be able to move their financial systems forward into a system that is even easier to trace and is just better than our current one.Share your opinions.
Bitcoin is hated because it uses blockchain technology - but Satoshi also added a spice of decentralization which means no government will be able to control it fully (unless they own so much BTC they can market manipulate), and that's one of the main reasons why it'll be hard for the state to be accepted as a currency.
If your talking about hard forks, for separation, it could happen, but it wouldn't be bitcoin anymore - BTC without decentralization would be weird...
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