The acceptances of the blockchain technology does not grantee the acceptance of Bitcoin because the two projects are different yet somewhat related because of the authenticity.
Moreover, the point you made is the real cause of why the China government and some of why the world government refuses to accept Bitcoin.
Generally, the government hates what they can't control and tries every possible means to eliminate such threat.
Topic: Bitcoin is difficult to accept in countries - page 8. (Read 2324 times)
yes I agree with you most countries reject bitcoin because this anonymous can be used for criminal acts of money laundering and terrorist financing. then decentralized bitcoin was not liked by the government because they were afraid that bitcoin could threaten the financial system and defeat them. and for blockchain technology I think almost everyone is positive. because blockchain provides a new breakthrough in technology and makes all transaction processes easier, safer and faster. so I think that a country can adopt a blockchain to be implemented in their country but doesn't accept bitcoin as a currency.
I think Bitcoin will take a significant part of the money from the banking system and put it in the pockets of citizens. Citizens will be their own “banks” and will be able to send Bitcoin to each other without any intermediaries. That is why we see such an ambiguous attitude to Bitcoin in many countries of the world. It revolutionizes the established financial system, which is unprofitable for many.
That's true. when the big countries talk about blockchain then the cryptocurrency appears in an acceptable mode, but they are not talking about Bitcoin at all which is the fundamental element of this platform, I think there is a hidden conspiracy towards Bitcoin. if all the cryptocurrency price will get increase then Bitcoin's price will hamper and also it's credibility will face a huge crisis, but there is also a hope of light which is the familiarity, Most of the people still know only Bitcoin rather than cryptocurrency, so I think Bitcoin will also get accepted by this time with cryptocurrency.
There were countries like China who doesn't want Bitcoin, maybe because they have no control and power of it, so they can't take it, what they wanted is for them to be the most powerful in the world in all aspect. Still, these past few months we can say that Bitcoin is rapidly adopting by most people because government is trying to regulate it.
That's true. when the big countries talk about blockchain then the cryptocurrency appears in an acceptable mode, but they are not talking about Bitcoin at all which is the fundamental element of this platform, I think there is a hidden conspiracy towards Bitcoin. if all the cryptocurrency price will get increase then Bitcoin's price will hamper and also it's credibility will face a huge crisis, but there is also a hope of light which is the familiarity, Most of the people still know only Bitcoin rather than cryptocurrency, so I think Bitcoin will also get accepted by this time with cryptocurrency.
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.
in my opinion some countries hate bitcoin because they feel it's not profitable even very detrimental to the country, when its citizens invest bitcoin, bank revenue might decrease, especially bitcoin is not taxed, so that the government does not benefit anything, while blockchain technology can be utilized by the government to benefit, because the government can control the blockhain technology they make, but they don't have control over bitcoin.share your opinions.
For some countries they can't accept it easily as they have no control over it, they want to mandate and imposed tax first before they will say to people that it is legal, but as of the moment, they can't accept it because they think that Bitcoin will be a hindrance in stock market as people choose to invest in Bitcoin than in the stock market.
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.
share your opinions.
Yeah is truly correct mate, people why asking a lot of country leaders didn't understand the importance of bitcoin as new hope of people to get out into the poverty. One things I cinclude why some government don't want accept bitcoin as legal because they it to control as currency.
The rejection and acceptance of bitcoin depend upon several factors which cannot be easily implemented. With its anonymity and decentralized factor which strip the power of government of control and tracing over its transactions, you cannot expect that it could be easily accepted. But despite this huge hindrance, there are other countries that accept its utilization with regard to its implementation. Basically, they see that the merit outweighs the burdens.
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.
share your opinions.
This is a great question but I wonder if this will happen especially that bitcoin is King of blockchain even if it has anonymous team behind it. Blockchain become more popular because of bitcoin and with regards to Chinese president, they are planning to launch their own currency so there is a big chance that they will boycot bitcoin even if it is the mother of all the currencies.
It's about the benefit that they can get and it is not about who started it first. Bitcoin cannot be separated but there is a big chance that big countries will create their own currencies that will benefit them and bitcoin will be left behind.
Most countries rejecting bitcoin still haven’t find a way to get those juicy taxes off of bitcoin-related gains and make it seem like it’s justified. They will, in the future, surely accept bitcoin when most countries did, and have come up with a rather logical way of taxing people again without the concerned party resisting too much. That’s the only side I could view this issue on, or that they are brewing their own crypto to push to their citizens for an even greater amount of control to their financial activities and whatnot.
I believe that many countries resist the legalization of cryptocurrency due to the fact that in the first place they will lose income from international payments. If today money is transferred from one bank of a country to another country, then taxes and interest will be charged, and if this is done using cryptocurrency, no one will be able to trace the money transfer and the user will pay only the cost of the transaction on the network. But nevertheless, if the cryptocurrency is legalized, then each user will be able to use cryptocurrency in their country legally, if each entrepreneur declares his activity with cryptocurrency. Of course, this requires certain laws, and in this I do not see any problems for the state.
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.
I think only countries that have developing economic conditions can provide the legality of using bitcoin as one of the legitimate alternative payments, hopefully many countries can accept bitcoin so that it can influence the demand at the exchange and can increase prices for bitcoin. share your opinions.
It's not that easy to accept digital world especially in some poor countries that don't have much access in the internet or that their citizens don't even know how to access computers and still have zero knowledge over the internet. So, it won't be that much easy to accept and adopt. In time it will happen little by little.
Some also are too scared to adopt change, they'd been comfortable in what they use to do that they not aware that they can make their living and transactions easier once they already try to find other methods on making their living or stuffs they do easier in technology that's why it is created by the way. Bitcoin having many uses like for faster and smoother transaction, type of investment and etc. It will depend on how implementation the government will do to attract users. 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.
share your opinions.
Bitcoin is a killer of centralization. Which country does it need? No ones. That is why the coin is not supported by states unlike Blockchain.
The number of source for using Bitcoin is increasing day by day. As far as I know China is now open for accepting bitcoin. According to this article https://all-stocks.net/state-issued-cryptocurrency-is-now-priority-for-chinas-central-bank/ China Central Bank started using bitcoin and talking payment. Recently some other countries will start using bitcoin I hope. So that the bitcoin future is really great.
Bitcoin doesn't need to be accepted by the state or anyone else for that matter in order to be used. What you use as a medium of trade is up to you.
Only insane countries like America think bitcoin is used for terrorism. The whole money laundry thing.... They like a bunch of thugs collecting their protection money but they call it "taxes".
What's all this talk about getting the government to accept bitcoin? Who cares what they want? They have nothing to do with it.
It is true that many now separate bitcoin and blockchain. Yet in my opinion between bitcoin and blockchain is an inseparable unity.
For example related to china's state news which started to accept blockchain technology, but not with bitcoin. In my opinion it is only
natural why bitcoin is so difficult to be accepted by the government. Because bitcoin is a decentralized is protect its users, bitcoin
cannot be controlled by anyone, bitcoin has a volatility price and bitcoin is always linked with money laundering and terrorism. So,
seeing that reason makes bitcoin difficult for all countries to accept in the world. As long as the negative stigma is still attached to bitcoin,
it is indeed difficult to convince the government to accept bitcoin.
For example related to china's state news which started to accept blockchain technology, but not with bitcoin. In my opinion it is only
natural why bitcoin is so difficult to be accepted by the government. Because bitcoin is a decentralized is protect its users, bitcoin
cannot be controlled by anyone, bitcoin has a volatility price and bitcoin is always linked with money laundering and terrorism. So,
seeing that reason makes bitcoin difficult for all countries to accept in the world. As long as the negative stigma is still attached to bitcoin,
it is indeed difficult to convince the government to accept bitcoin.
Only insane countries like America think bitcoin is used for terrorism. The whole money laundry thing.... They like a bunch of thugs collecting their protection money but they call it "taxes".
What's all this talk about getting the government to accept bitcoin? Who cares what they want? They have nothing to do with it.
It's not that easy to accept digital world especially in some poor countries that don't have much access in the internet or that their citizens don't even know how to access computers and still have zero knowledge over the internet. So, it won't be that much easy to accept and adopt. In time it will happen little by little.
I am interested in your opinion about a poor country that cannot accept the digital world. because it is limited by the internet. I think differently if a poor country has internet access, maybe Bitcoin will be free to use. because with Bitcoin, countries can compete with large countries that don't accept bitcoin. 
It is true that many now separate bitcoin and blockchain. Yet in my opinion between bitcoin and blockchain is an inseparable unity.
For example related to china's state news which started to accept blockchain technology, but not with bitcoin. In my opinion it is only
natural why bitcoin is so difficult to be accepted by the government. Because bitcoin is a decentralized is protect its users, bitcoin
cannot be controlled by anyone, bitcoin has a volatility price and bitcoin is always linked with money laundering and terrorism. So,
seeing that reason makes bitcoin difficult for all countries to accept in the world. As long as the negative stigma is still attached to bitcoin,
it is indeed difficult to convince the government to accept bitcoin.
For example related to china's state news which started to accept blockchain technology, but not with bitcoin. In my opinion it is only
natural why bitcoin is so difficult to be accepted by the government. Because bitcoin is a decentralized is protect its users, bitcoin
cannot be controlled by anyone, bitcoin has a volatility price and bitcoin is always linked with money laundering and terrorism. So,
seeing that reason makes bitcoin difficult for all countries to accept in the world. As long as the negative stigma is still attached to bitcoin,
it is indeed difficult to convince the government to accept bitcoin.
It's just getting started and definitely some gov't will act that it's like something that they can trust but sooner and later, they will accept it and welcome it as if nothing happened. For now, we just have to keep going and wait until everything moves favorable to bitcoin. Blockchain will go on so do bitcoin will. I believe that these two will go along together and if it only blockchain does takes the ladder, bitcoin will never get left behind as its community has been built already and strong all over the time which will surely grow in the future.
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.
share your opinions.
Everything that can threaten any country's economy becomes hostile to a country. It happened with Bitcoin, many countries are afraid that if Bitcoin gets power, then fiat money will depreciate, destroying the economy. Blockchain, in turn, is safe, it's just a very good friendly technology, which is why everyone loves it, not Bitcoin.
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