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Topic: Bitcoin Worldwide! - page 21. (Read 16696 times)

legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
June 10, 2016, 10:55:51 AM
#37
Are there countries that do not accept Bitcoin? I mean no idea regarding it. What do you think will happen to Bitcoin 5years from now? I'm not asking you to be a psychic to see the future. I'm asking about your idea about Bitcoin's future. TIA!

there is a wikipedia page about legal state of bitcoin in different countries here:
https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country
if that is what you are looking for.
but if you are looking for countries that haven't even heard about bitcoin i don't think there is any because news about bitcoin has even reached the third world countries and they are even using it even if it is only using faucets.
sr. member
Activity: 294
Merit: 250
June 10, 2016, 03:16:22 AM
#36
Do you think that bitcoin being unknown to other people and/or nation is a good thing for it?

but of course it is best if bitcoin is known and being accepted all over the worlds so that anybody can use it and if you for example travel someplace else you can still use bitcoin without the need to exchange your money to the local fiat of that country.

Bitcoin as a payment method worldwide is final goal, but to get there Bitcoin must be able to process much higher amount of transactions, and this mean further technical development must come before further Bitcoin adoption can ever happen.

The good thing is lighting network / thunder as possible scaling solution is in the very active development and in one or two years we can have answer whether it is good enought solution to scale Bitcoin to much more people, because today Bitcoin basically reached its limits, blocks full most of the time and no way to send much more transactions now.
sr. member
Activity: 322
Merit: 250
June 10, 2016, 02:43:34 AM
#35
Are there countries that do not accept Bitcoin? I mean no idea regarding it. What do you think will happen to Bitcoin 5years from now? I'm not asking you to be a psychic to see the future. I'm asking about your idea about Bitcoin's future. TIA!
Bitcoin has a some project for his future like Lightning Network (LN). Better to bitcoin if he can join with some country to make a legal institution for Bitcoin and have  same usefulness with the bank, it will make bitcoin have a healthy future.
As you can see now you see that Bitcoin is becoming more worth and more used so that is nice for the currency itself and for people who already have Bitcoin.
We have to make Bitcoin more acceptable so it will be more used and spend and that should be perfect for the currency.
legendary
Activity: 1946
Merit: 1137
June 10, 2016, 12:36:17 AM
#34
Do you think that bitcoin being unknown to other people and/or nation is a good thing for it?

all i can say to this is that it is not bad for it.
but of course it is best if bitcoin is known and being accepted all over the worlds so that anybody can use it and if you for example travel someplace else you can still use bitcoin without the need to exchange your money to the local fiat of that country.
full member
Activity: 209
Merit: 100
June 10, 2016, 12:31:20 AM
#33
I live in a small city and even here many people know about it
I Think it's famous worldwide Cheesy
hero member
Activity: 1176
Merit: 509
June 10, 2016, 12:28:13 AM
#32
Do you think that bitcoin being unknown to other people and/or nation is a good thing for it?
legendary
Activity: 3080
Merit: 1500
June 09, 2016, 11:27:25 PM
#31
Are there countries that do not accept Bitcoin? I mean no idea regarding it. What do you think will happen to Bitcoin 5years from now? I'm not asking you to be a psychic to see the future. I'm asking about your idea about Bitcoin's future. TIA!

I think Russia has banned bitcoin. But Japan is exploring the possibilities to make it legal. But most of the other countries do not bother and till the time they do not bother, it is a good thing for bitcoin.

Till the time it remains unregulated by a national power, bitcoin will flourish. But if countries starts to make it legal and start taxing on it, bitcoin will be ruined to death.

If this does not happen, I see a very bright future for bitcoin.
legendary
Activity: 1162
Merit: 1000
June 09, 2016, 11:03:47 PM
#30
bitcoin developments in the world today has been very good. almost all of the region know of the existence bitcoin. even big countries have to enter bitcoin to headline news in the country. bicoin will be greater later. bitcoin very bright future. and we are part of the reformer.
legendary
Activity: 3472
Merit: 10611
June 09, 2016, 10:53:49 PM
#29
Are there countries that do not accept Bitcoin? I mean no idea regarding it. What do you think will happen to Bitcoin 5years from now? I'm not asking you to be a psychic to see the future. I'm asking about your idea about Bitcoin's future. TIA!

in my opinion it doesn't matter if a few countries don't accept bitcoin as a real currency or even if they don't allow usage by the businesses (obviously it is better if they do but) since bitcoin is for people and a p2p money anybody can still use it without any problem.
hero member
Activity: 630
Merit: 500
PM me to buy traffic for your site!
June 09, 2016, 10:24:59 PM
#28
Are there countries that do not accept Bitcoin? I mean no idea regarding it. What do you think will happen to Bitcoin 5years from now? I'm not asking you to be a psychic to see the future. I'm asking about your idea about Bitcoin's future. TIA!

Bitcoin future depends on how people will embrace possibility of being financially free. I see it as some sort of test for general audience. Because if we fail to
embrace the one good tool we are provided with to fight senceless monetary system, then we dont deserve better. I still hope we can do this, but doubt anything
remarcable will happen in just 5 years time.
hero member
Activity: 1372
Merit: 564
June 09, 2016, 10:10:58 PM
#27
I think almost all countries around the world is already accepted bitcoins as legal crypto currency except some country like russia that bitcoin has been banned i think because of abusing it's features when it comes to transactions  and using it for illegal things.But besides that i think almost all counry is accepting bitcoins as legal crypto currency.5 years from nownif bitcoin would be still alive i think it will be one of our fiat currency too.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
June 09, 2016, 09:44:42 PM
#26
Are there countries that do not accept Bitcoin? I mean no idea regarding it. What do you think will happen to Bitcoin 5years from now? I'm not asking you to be a psychic to see the future. I'm asking about your idea about Bitcoin's future. TIA!
Bitcoin has a some project for his future like Lightning Network (LN). Better to bitcoin if he can join with some country to make a legal institution for Bitcoin and have  same usefulness with the bank, it will make bitcoin have a healthy future.
sr. member
Activity: 406
Merit: 250
June 09, 2016, 09:41:05 PM
#25
I do not know what country who are not adopted bitcoin, in 5 years i see the bitcoin will be more profitable, more people will use it and more business accepting payment using bitcoin.
hero member
Activity: 770
Merit: 500
June 09, 2016, 09:35:09 PM
#24
Bitcoins are banned in 4 countries Russia, Bangladesh, Bolivia, Ecuado while it's accepted by China, Brazil, the Isle of Man, Jersey, the United Kingdom, and the United States. My country India is still monitoring its use and it's still not considered legal in any country. If any Government plans to accept this currency, we can see it as a legal form of currency just like dollars and euros. I don't think it can happen in the next 1-2 years.

Your posts are one of the dumbest here in bitcointalk ,trust me.
1.Here are a list of countries that don't accept bitcoins : https://www.cryptocoinsnews.com/top-10-countries-bitcoin-banned/

2.Bitcoin is accepted by a lot of Governments around the globe.India could be one of them since there are no laws as such restricting the use of it.

3.We don't want government to accept bitcoins,we are better without the participation of government.Unless you like to pay extra service taxes for using bitcoins.

4.In about next 5 years,bitcoins will be the most used currency online taking over paypal and other third party shit services.
I don't know whether Bitcoin is legal or illegal here in India. But, there are three big exchanges were still exists including btcxindia.
legendary
Activity: 1554
Merit: 1054
June 09, 2016, 03:07:46 PM
#23
There is a bitcoin bank which is popular and even barclays accepts bitcoins
(http://arstechnica.co.uk/business/2015/09/barclays-to-become-the-first-major-bank-to-accept-bitcoin/).

There are famous online shopping sites like Walmart and Steam that have started accepting bitcoin payments and soon we can see Amazon, Ebay as well accepting bitcoins which would create a curiousity among buyers/sellers to use it.

It's already considered an international currency and till it's not considered illegal in US and UK, we should worry about it.
hero member
Activity: 1148
Merit: 527
June 07, 2016, 03:28:51 PM
#22
Do you know the reason why Russia banned bitcoin?

http://www.coindesk.com/russian-minister-confirms-plans-to-ban-bitcoin-to-fiat-conversions/

In this article it's mentioned what are the charges files against any bitcoin exchanger. Russia basically banned it considering it an illegal way of exchanging bitcoins for their own currency and they relate it to illegal trades. They can't find the source of earning bitcoins and hence it's a reason.
full member
Activity: 196
Merit: 100
June 07, 2016, 01:53:58 AM
#21
Where exactly we can find any info about actual ban of bitcoin by Russians? I tried to google for it but all I could find are articles about *potential* BTC ban.

For example here we can read that "Russian Ministry of Justice Disagrees with Bitcoin Ban Bill, Again" - https://www.cryptocoinsnews.com/russian-ministry-justice-disagrees-bitcoin-ban-bill/

I am from russia. The fate of the Russian Bitcoin is not yet determined. All I can say is, Russia is ruled by washed-imbeciles have no special professional education, and these thugs sitting in the government because they are someone's friends or relatives of government (neofeudalism). So Bitcoin oche authorities are concerned, namely, its decentralized, anonymous, and the inability to control and impossible to steal the interest on the transaction. They are sick paranoia, and so they want to control everything and everywhere.
That they want to ban Bitcoin, you want to create your altcoin with control, taxes, and the lack of anonymity and the monopoly. That again want to ban it, you want to use again.

-The Russian Government will prepare a new version of the bill to ban cryptocurrency http://forklog.com/pravitelstvo-rf-podgotovit-novyj-variant-zakonoproekta-o-zaprete-kriptovalyut/
-Top-Manager of VTB cryptocurrency become a real means of payment and accumulation http://forklog.com/top-menedzher-vtb-kriptovalyuty-stanut-realnym-sredstvom-raschetov-i-nakopleniya/
-In Russia may introduce national cryptocurrency http://forklog.com/v-rossii-mogut-vvesti-natsionalnuyu-kriptovalyutu/
-The Bank of Russia allows for the creation of national digital currency http://forklog.com/bank-rossii-dopuskaet-sozdanie-natsionalnoj-tsifrovoj-valyuty/
-Bitcoin blokcheyn and should be regulated at the legislative level - Rosfinmonitoring http://forklog.com/bitkoin-i-blokchejn-sleduet-regulirovat-na-zakonodatelnom-urovne-rosfinmonitoring/
-In Russia refused to establish a national cryptocurrency http://forklog.com/v-rossii-otkazalis-ot-sozdaniya-natsionalnoj-kriptovalyuty/
-In the State Duma believe in the ability of blokcheyna help circumvent Western sanctions http://forklog.com/v-gosdume-uverovali-v-sposobnost-blokchejna-pomoch-obojti-sanktsii-zapada/
-Gref predicted regression in case of introduction of criminal liability for the exchange of Bitcoin http://forklog.com/gref-predskazal-regress-v-sluchae-vvedeniya-ugolovnoj-otvetstvennosti-za-obmen-bitkoinov/
-The Russian prime minister called blokcheyn "new challenge" for http://forklog.com/rossijskij-premer-ministr-nazval-blokchejn-novym-vyzovom-dlya-pravovoj-sistemy/ legal system
legendary
Activity: 1400
Merit: 1001
June 06, 2016, 11:35:26 PM
#20
Where exactly we can find any info about actual ban of bitcoin by Russians? I tried to google for it but all I could find are articles about *potential* BTC ban.

For example here we can read that "Russian Ministry of Justice Disagrees with Bitcoin Ban Bill, Again" - https://www.cryptocoinsnews.com/russian-ministry-justice-disagrees-bitcoin-ban-bill/
sr. member
Activity: 322
Merit: 250
June 06, 2016, 11:15:23 PM
#19
Are there countries that do not accept Bitcoin? I mean no idea regarding it. What do you think will happen to Bitcoin 5years from now? I'm not asking you to be a psychic to see the future. I'm asking about your idea about Bitcoin's future. TIA!

Yeah there some countries banned bitcoin, here you can find 10 countries https://www.cryptocoinsnews.com/top-10-countries-bitcoin-banned/. I think for a period of 5 years is still good bitcoin its development, and will be more and more popular. Thank you
newbie
Activity: 41
Merit: 0
June 06, 2016, 08:48:19 PM
#18
I think countries that attempt to ban bitcoin will only fall behind as the internet adopts it.  Those countries that 'ban' it won't stop people from using it necessarily, but rather will stop exchanges from being created. 
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