Do America and England follow bitcoin?

Imaginary Entity

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Quote from: olushakes on February 06, 2017, 02:19:12 PM

If any other country does not follow bitcoin which I know its impossible, those two countries are definitely keen on finding out what will happen or happening in the crypto world with bitcoin taking the lead role and that is why some exchange sites and gambling sites specifically banned users from these two countries from patronising their services.

Which services are banned for UK citizens?

There are loads of services not available to US citizens, not just crypto services. It's because their rules make it a real ball ache with paper work etc. That's its not worth the agro. And online gambling is illegal for US citizens

alisus

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Bitcoin has long been considered the most stable currencies in the world - moving from being worth $ 2 to $ 1,100+ in the last five years. But it was considered illegal currency stable is now a safe haven when compared with the fluctuations in the pound.
Sterling became very volatile right after the UK as to leave the EU on 23 June 2016. Its value declined sharply immediately after the results were announced, sending volatility rose more than doubled, and the instability that has stayed high since. Many people moved to Bitcoin because Bitcoin has enjoyed a period of relative stability in the days since the voting Brexit.
But whether this will persist for the next few years
We need to wait developments

lionheart78

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Quote from: olushakes on February 06, 2017, 02:19:12 PM

If any other country does not follow bitcoin which I know its impossible, those two countries are definitely keen on finding out what will happen or happening in the crypto world with bitcoin taking the lead role and that is why some exchange sites and gambling sites specifically banned users from these two countries from patronising their services.

I do not think that is the reason why users from this country were banned from some exchange sites and gambling sites. The reason I think is with connection to the country rules and regulation regarding these kinds of exchange sites and gambling sites. The law of those country probably prohibit anykind of gambling that is not registered in their regulatory board or gambling is not allowed in that country. Aside from that I do not see a country wanting to be the leading role with Bitcoin as a reason to ban its citizen in some sites.

olushakes

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If any other country does not follow bitcoin which I know its impossible, those two countries are definitely keen on finding out what will happen or happening in the crypto world with bitcoin taking the lead role and that is why some exchange sites and gambling sites specifically banned users from these two countries from patronising their services.

Imaginary Entity

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England/UK esp. The City Of London has a Looooooong history of financial innovation and trade going back hundreds of years. The city dominates the FOREX market with about 40% of trade going through London. London is also No. 1 in the GOLD and SILVER markets.

Times change and so do the markets. The UK Gov are keen to keep London as a financial innovator (and that includes Bitcoin start-ups) so they have start-up incubators in this area and other help.

https://www.gov.uk/government/news/government-explores-blockchain-technology-to-improve-public-services

iram3130

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Most of the new technologies are tried and tested here first for adaptation. USA and UK are obviously the foundations of most of the start-ups, similarly for BTC also the USA has given allot of importance and adaptation, from small merchants to big outlets. It provides a basic stability in the day to day usage and transactions.

sunsilk

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Quote from: slapper on February 04, 2017, 06:54:05 AM

Quote from: sunsilk on February 04, 2017, 04:22:27 AM

Quote from: mkmdoc on February 04, 2017, 01:19:13 AM

I see many people from America and England are wisely using bitcoin either for their needs, many people from these countries have invested in bitcoin. I see one of biggest exchange is running from US only, so it might be an example America and England active using the bitcoin.

I had even watched a video of a grandma that mentioned bitcoin and saying that it is untraceable and that's in US.

I just don't have an idea if there are people from England who are already using bitcoins but I guess so there are.

Most of the people in the goods section are US because they only ship item in the US. Well, I think UK is the second country which support Bitcoin after the America. However, since Bitcoin is decentralized, it is not necessary to distinguish the people from other countries. We will al unite if Bitcoin become the number one currency

And that is what I believed that there are a lot of people who are residing in US that are using bitcoin.

But in UK I didn't knew that they are second country which support bitcoin, do you have some proofs about it for UK people.

It seems that English people are majority of bitcoin supporters.

st0nefish

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For me, China is the country that follows Bitcoin system most. I do not think that countries such as the United States of America and the United Kingdom follow the bitcoin system as much as China. Bitcoin use rates may be high in these countries (especially USA). But as a state, China is more concerned than the others.

There are many individual venture projects. It may be possible to see different entrepreneur projects from any country in the world. But when we look at the country-based, the interest rates are lower. Bitcoin is not a topic that is constantly on the agenda of countries.

requester

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yes definitely ENGLAND and USA are one of the major players of bitcoin because the have green signal from government and people of those countries are more curious to use bitcoin and they are techy guys and we can't imagine English and American people living without bitcoin. next to china America is the major player but England are little far away from the top rank of bitcoin

slapper

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Quote from: sunsilk on February 04, 2017, 04:22:27 AM

Quote from: mkmdoc on February 04, 2017, 01:19:13 AM

I see many people from America and England are wisely using bitcoin either for their needs, many people from these countries have invested in bitcoin. I see one of biggest exchange is running from US only, so it might be an example America and England active using the bitcoin.

I had even watched a video of a grandma that mentioned bitcoin and saying that it is untraceable and that's in US.

I just don't have an idea if there are people from England who are already using bitcoins but I guess so there are.

Most of the people in the goods section are US because they only ship item in the US. Well, I think UK is the second country which support Bitcoin after the America. However, since Bitcoin is decentralized, it is not necessary to distinguish the people from other countries. We will al unite if Bitcoin become the number one currency

Xester

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Quote from: Pettuh4 on February 04, 2017, 04:17:27 AM

Quote from: coin revolution on January 22, 2017, 11:24:54 AM

It is said that strong states in cyberspace such as the USA and England are following the bitcoin. Is this true?

Trumpcoin, Clinton coin amongst others are just signs that the United States and perhaps the United Kingdom might be following Bitcoin and maybe research into its long term viability on their markets. So I'm convinced they are following.

The United States of America and the United Kingdom is not following bitcoins but rather a few number of its citizens are into bitcoin and other cryptocurrency. The only countries that I know that really follows bitcoin is China and Switzerland. China already announced that its citizens has the right to own bitcoins while the government of Switzerland has recognize the usage of bitcoin. Other countries have few number of citizens engaging in bitcoin thats why when the government has not placed its eyes on bitcoin then we cannot consider them following bitcoin.

sunsilk

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Quote from: mkmdoc on February 04, 2017, 01:19:13 AM

I see many people from America and England are wisely using bitcoin either for their needs, many people from these countries have invested in bitcoin. I see one of biggest exchange is running from US only, so it might be an example America and England active using the bitcoin.

I had even watched a video of a grandma that mentioned bitcoin and saying that it is untraceable and that's in US.

I just don't have an idea if there are people from England who are already using bitcoins but I guess so there are.

Pettuh4

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Quote from: coin revolution on January 22, 2017, 11:24:54 AM

It is said that strong states in cyberspace such as the USA and England are following the bitcoin. Is this true?

Trumpcoin, Clinton coin amongst others are just signs that the United States and perhaps the United Kingdom might be following Bitcoin and maybe research into its long term viability on their markets. So I'm convinced they are following.

szpalata

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Well I don't know if any of those world super power countries are following and I wouldn't be surprised if they are because Bitcoin is cutting across every boundary and territory including England and the United States. There are many Bitcoin ATM's setup in these countries and so i would be the least surprised if they are indeed keenly following.

mkmdoc

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I see many people from America and England are wisely using bitcoin either for their needs, many people from these countries have invested in bitcoin. I see one of biggest exchange is running from US only, so it might be an example America and England active using the bitcoin.

BitcoinPC

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Yeah, it is true, i know America and England are used bitcoin in all matters, they people have no problem to use bitcoin in open market, even they use it easily in anywhere, and buy everything with bitcoin, And as you know they are powerful countries of bitcoin users. Also it is great for bitcoin, because it build trust for those countries who don't use bitcoin.

naidray

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Quote from: webtricks on January 31, 2017, 10:01:10 AM

Quote from: coin revolution on January 22, 2017, 11:24:54 AM

It is said that strong states in cyberspace such as the USA and England are following the bitcoin. Is this true?

By mentioning countries you mean government? However, government can't control the adoption and popularisation of Bitcoin. However, if you meant general folk then YES! Not only America (don't know if you meant USA or Subcontinent) and England but the whole world is adopting it. At present scene, developing countries like India are more enthusiast for Bitcoin whereas developed already integrated it!

By mentioning countries we can also consider their people, we know that still bitcoin is not consider as legal currency, while their people are still using bitcoin, we in most of the countries still people have no proper knowledge about bitcoin therefore they are not using bitcoin, but I think once they will aware the importance of bitcoin then they will certainly start accepting bitcoin.

Imaginary Entity

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Does not Germany have an adoption rate similar to that of UK and US?

Ironically, the countries that have strong laws regarding property ownership are the ones with the highest rate of bitcoin use, when Bitcoin gives opportunity of guaranteed property ownership to those in countries with poor laws regarding property rights.

Mometaskers

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Quote from: psyclon on January 31, 2017, 06:56:31 AM

Quote from: Mometaskers on January 31, 2017, 06:46:27 AM

They sure are starting to use it more but they're definitely falling behind the Chinese when it comes to mining. Whether that would have an impact on the crypto is still debated. We can only expect states to be more interested as adoption rate increases.

only because china has cheap electricity , they have a lot money and we gave them even more..

I wonder what will happen when all their loans default.

MFahad

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Quote from: macartem on January 29, 2017, 04:38:10 PM

China, England and America are the one of the best countries of the world where BTC is broad accepted.

Exactly, these 3 are leading in bitcoin economy so why do OP wonder? Is he new in bitcoin?
Actually they are most convenient in using bitcoin publicly like there are restaurant who accepts bitcoin, there were ATMs available. This is how people really adopt bitcoin in their country and there are also some other countries whose government accept it.

Topic: Do America and England follow bitcoin? (Read 4274 times)