Do America and England follow bitcoin? - page 3.

Gameroid

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Quote from: DomainMagnate on January 29, 2017, 04:34:30 PM

Quote from: franky1 on January 22, 2017, 11:33:23 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?

yep
as for user adoption.. UK and US are the power houses.
..developing countries are well behind and struggling due to things like tx fee's pricing them out of seeing utility in it (a tx fee can be a couple hours labour in some developing countries)

as for mining.. asia and europe are are power houses.
..western countries just cant afford the cheap manufacturing of asics or the cheap labour and cheap electric to beat the east

as for services, merchants.. US, canada and europe are the power houses.
.. again eastern/southern countries cant afford the utility of buying things with it due to fee's

I think percentage wise yes England and America has more bitcoin users than in Asia but if you consider that India and China have combined population is more than 2 Billion and even if just 1% of there total population uses bitcoin,it would be around 10% of US population

no doubt about this that England and America are also using bitcoin. but i do not think that the users of these two counties are more that Asia, because in Asian we have three big countries who are using bitcoin. the Chines, the Indian and the Russian. although some other countries like Pakistan, Iran Saudi Arabia also have their contribution but not so much.

macartem

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

DomainMagnate

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Quote from: franky1 on January 22, 2017, 11:33:23 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?

yep
as for user adoption.. UK and US are the power houses.
..developing countries are well behind and struggling due to things like tx fee's pricing them out of seeing utility in it (a tx fee can be a couple hours labour in some developing countries)

as for mining.. asia and europe are are power houses.
..western countries just cant afford the cheap manufacturing of asics or the cheap labour and cheap electric to beat the east

as for services, merchants.. US, canada and europe are the power houses.
.. again eastern/southern countries cant afford the utility of buying things with it due to fee's

I think percentage wise yes England and America has more bitcoin users than in Asia but if you consider that India and China have combined population is more than 2 Billion and even if just 1% of there total population uses bitcoin,it would be around 10% of US population

ophyrim

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Even many poor countries in the world follow bitcoin for their economy and also for the prevention of crime (like money laundry), how do you think big countries with huge economy don't follow cryptocurrencies world? Don't you think they want to control it? Don't you think they can't see the opportunities or probable dangers of bitcoin?

mrkevio

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Quote from: lOvE mE forEvEr on January 24, 2017, 09:12:00 AM

Until now I had never heard about this, I think the America and England would not follow bitcoin, even if the two countries would, of course, will make its own coins that could be in full control. Bitcoin drawback is can not be in control so it is impossible to use the state as a legal means of payment.

They cannot get 100% Bitcoin control. The only thing they can control is making it impossinle to look for Bitcoin on the Internet, so censorship. Which would probably cause small chaos.. and the two countries are not following Bitcoin because it is not the priority at the moment to change anything about it.

bravehearth0319

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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?

I think it could be possible, Maybe they had a lot of it regarding in bitcoin. And by that things, they could get some of the features in bitcoin,. So no wonder why is it possible. If Australia, Russia, China, and etc. are following bitcoin, although those countries I mentioned are owning bitcoin and China is the biggest owned of bitcoin, how much more them, right?

Clement Kaliyar

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Quote from: LifeLine on January 22, 2017, 02:41:15 PM

i dont say about america or u.k because iam from asia and i think in europe it is more popular than here in asia the people of asia don't know about it much

If you are not familiar let me explain some,China does have the biggest miners and they are the biggest investors in the world when it comes to bitcoin and China is an Asian country :)Everyone who is interested and attracted to the technological aspect of bitcoin are following bitcoin irrespective of continents and countries.

erickkyut

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for me, there are lots of bitcoin users in the united states of america and in england. even bill gates of microsoft acknowledged the existence of bitcoin because they saw it's potential to become on top of the monetary system. they believe that bitcoin will be more popular and successful in the near future. there are lots of believers in america and england!

coin revolution

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Quote from: digaran on January 23, 2017, 06:43:21 PM

Not only them but almost all the countries in the world are secretly following working and watching everything related to crypto, you know that governments are funded by banks and banks are the middle men when it comes to money and since peer to peer digital currency removes the middle men from the deal then they are no longer able to take fees, taxes and control people's lives.

That is why they trying to stay objective and get involve fearing they might lose everything in the future, they are right now mining bitcoins as we speak and store them in cold wallets to avoid being left behind in the next 40 years.

I think States are hiding bitcoins in the hardware wallets. In addition, states are working to control the bitcoin system. If the bitcoin system poses a threat to them, they want to be prepared to destroy the bitcoin.

lOvE mE forEvEr

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Until now I had never heard about this, I think the America and England would not follow bitcoin, even if the two countries would, of course, will make its own coins that could be in full control. Bitcoin drawback is can not be in control so it is impossible to use the state as a legal means of payment.

slapper

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Quote from: AjithBtc on January 24, 2017, 07:26:38 AM

Quote from: saqibmunir on January 24, 2017, 05:36:41 AM

Quote from: boybugs18 on January 23, 2017, 01:40:35 PM

If its technology that is talking about that two countries will always be advance and not ignorant about whats trending now they are renown to people who are tech savvy . Third world countries will always be left behind because of places that has no internet access or too slow that searching thru google would be a hard thing to do for them.

i think in future most of the third world countries like most to the countries of asia and africa will get the internet access and iam from a developing country of asia (pakistan) and i saw much increase in the growth of internet and most of the people searching for job online due to unemployement so i think bitcoin is very attractive to them.........

Truly speaking third world country people were in need so they try different methods to make living better. On account of this they will surely make lot advancement in technology as well easily get adopted to it.

I disagree with what you are saying. There are many in third world countries want to find a new way of making money but the number is not very remarkable since they do not have enough technologies or money to learn about new things. I also live in third world country but the people in my country do not know what Bitcoin is

Babayega31

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As I gathered an info from my research previous months ago, that was last year and according to them america and england has the most bitcoin users and im fact they are getting larger in numbers. Most of them were traders and also having peer to peer buying and selling of bitcoins, because they find it convenient for them to earn money through digital currency and convert it to fiat money, which they think more profitable.

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Quote from: saqibmunir on January 24, 2017, 05:36:41 AM

Quote from: boybugs18 on January 23, 2017, 01:40:35 PM

If its technology that is talking about that two countries will always be advance and not ignorant about whats trending now they are renown to people who are tech savvy . Third world countries will always be left behind because of places that has no internet access or too slow that searching thru google would be a hard thing to do for them.

i think in future most of the third world countries like most to the countries of asia and africa will get the internet access and iam from a developing country of asia (pakistan) and i saw much increase in the growth of internet and most of the people searching for job online due to unemployement so i think bitcoin is very attractive to them.........

Truly speaking third world country people were in need so they try different methods to make living better. On account of this they will surely make lot advancement in technology as well easily get adopted to it.

saqibmunir

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Quote from: boybugs18 on January 23, 2017, 01:40:35 PM

If its technology that is talking about that two countries will always be advance and not ignorant about whats trending now they are renown to people who are tech savvy . Third world countries will always be left behind because of places that has no internet access or too slow that searching thru google would be a hard thing to do for them.

i think in future most of the third world countries like most to the countries of asia and africa will get the internet access and iam from a developing country of asia (pakistan) and i saw much increase in the growth of internet and most of the people searching for job online due to unemployement so i think bitcoin is very attractive to them.........

Huge Black Woman

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Quote from: franky1 on January 22, 2017, 12:19:12 PM

Quote from: calkob on January 22, 2017, 12:08:35 PM

I live in the UK and whilst we may be a power house when it comes to bitcoin, it is still a fringe technology which the average person has either never heard of or knows very little about. Undecided

Abit concerned about what franky says regarding African countries not being able to use bitcoin due to TX fees, to day i went to sweep a paper wallet and was shocked that it was costing 0.84 pence compared to 0.08p 2 months ago. so i can understand their predicament.

yep
4pence UK is an hours labour in Cuba.
84pence UK is 21 hours labour in Cuba.

so while bigname developers in america pretend that while getting $1m a year from blockstream $480 an hour. they have lost sight that $0.75 is alot. they see it as less than 1second of labour.
so while volunteer in america pretend that while getting $7.50 a hour from their day jobs. they have lost sight that $0.75 is alot. they see it as less than 6 minutes of labour. they even down play it that bitcoin is 'normally' 8cents which is about 30seconds of labour.

they cant see the big international picture

So what dat, like a dolla an hour or sommethin'? That shit's wack!

Yeh we got bitcoin in tha news when the price be essplodin' like 2013, but asside from that people jist be watchin' Trump make a fool ass out himseff, an' they ain't got a clue bout the revolution goin' on. Dumb muthafukkas in the states all 'round.

Windpower

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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?

It is definitely true. There is a very big market for Bitcoin in the US and in the UK. There are a lot of investors in those two countries because they have money. It is not only them though, most developed countries have quite a lot of people investing into Bitcoin. When it comes to non-developed countries, this completely changes because they don't have money to invest into anything.

xuan87

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I would say yes, there are few shops from England and USA that already accepting bitcoin, and I am sure that as a modern country like US and England they must have follow the development of new technology like bitcoin and I am sure a lot of US and England user attracted to try to used bitcoin because it is the new currency and it gives easy way to do transaction

digaran

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Not only them but almost all the countries in the world are secretly following working and watching everything related to crypto, you know that governments are funded by banks and banks are the middle men when it comes to money and since peer to peer digital currency removes the middle men from the deal then they are no longer able to take fees, taxes and control people's lives.

That is why they trying to stay objective and get involve fearing they might lose everything in the future, they are right now mining bitcoins as we speak and store them in cold wallets to avoid being left behind in the next 40 years.

nara1892

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it is right. you can know that by seeing this forum. there are a lots of people of USA and Europe. there is a poll thread about bitcoin users that ask where they are from. and I see there are a lot of people from USA and Europe.

sportis

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Even though I don't live in America or England I was almost sure that US citizens follow bitcoin and there is a big adoption of bitcoin because USA was the leader of bitcoin regulations. Unlike that I wouldn't claim the same thing for England even though I live in a European country and I would have ever listen something about it. Moreover, some members from Asia told that people in their countries don't know bitcoin but many times I have read in this forum people from Philippines to claim that are bitcoin supporters using a famous in their country wallet, is called coins.ph if I am not mistaken. To summarize, I believe that countries more familiar with internet and technology has more followers in bitcoin despite the fact many of them they don't like to present their opinion outside of their local forum.

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