Both countries have a large tech population who are starting to enter into this economy... They both contain taxation as well as booming infrastructure in comparison to foreign nations. Although there's much to imagine with how other countries yet to adopt it, Bitcoin can easily be gathered in many places such as China + European Union. I know of surprising people spreading this currency successfully and as time progresses more open up.
Without a doubt Bitcoin is gaining traction in every country around the world, it's just a matter that there's not a stopping point to adoption. This economy is at rapid heights and may soon come up with as much as the post dot com economic bubble.
Topic: Do America and England follow bitcoin? - page 4. (Read 4268 times)
I have no knowledge of England. But America is closely following the bitcoin system. There is no problem as long as Bitcoin does not harm American interests. But if they damage their interests, they can do 51% attacks.
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.
It is said that strong states in cyberspace such as the USA and England are following the bitcoin. Is this true?
Smart tech people know BTC over here in UK. The news will always have stories providing there is something worth talking about, mostly price going up though like all media.
I move a lot between the UK and Africa and I can tell you there is a huge difference between the two. You will be hard pressed to find any ATM's for
Bitcoin in many of the bigger towns in Africa, but you will find loads in the UK. I travel through some rural areas in Africa too, and you will not find
anyone that even heard about Bitcoin. {M-Pesa is quite common} Africa is a massively huge untapped market for Bitcoin, but everyone is simply
concentrating on 1st world countries.
Bitcoin in many of the bigger towns in Africa, but you will find loads in the UK. I travel through some rural areas in Africa too, and you will not find
anyone that even heard about Bitcoin. {M-Pesa is quite common} Africa is a massively huge untapped market for Bitcoin, but everyone is simply
concentrating on 1st world countries.
I guess this is the difference between developed country and developing country. Developed country are faster to adopt technology than the developing country. Not only in africa , there is seldom a bitcoin ATM here in Philippines, I only known one in Makati City but I do not know if it is still functional till now.
As what franky1 said, America and England/Europe are powerhouse of Bitcoin adoption.
I move a lot between the UK and Africa and I can tell you there is a huge difference between the two. You will be hard pressed to find any ATM's for
Bitcoin in many of the bigger towns in Africa, but you will find loads in the UK. I travel through some rural areas in Africa too, and you will not find
anyone that even heard about Bitcoin. {M-Pesa is quite common} Africa is a massively huge untapped market for Bitcoin, but everyone is simply
concentrating on 1st world countries.
Bitcoin in many of the bigger towns in Africa, but you will find loads in the UK. I travel through some rural areas in Africa too, and you will not find
anyone that even heard about Bitcoin. {M-Pesa is quite common} Africa is a massively huge untapped market for Bitcoin, but everyone is simply
concentrating on 1st world countries.
It is said that strong states in cyberspace such as the USA and England are following the bitcoin. Is this true?
Yes that is true. America and England cannot just let bitcoin opportunity aside. They are one of the highly developed countries in the world and they are very interested in blockchain technology. They have seen the value and the market in this kind of business and it is another income opportunity for them. But not only America and England but other countries in the world too.
First a minor point for the OP - England is not a "state", it is a country within the United Kingdom. It was never a full member of the EU, where countries are considered "states". We are now leaving the EU.
To address the original question. I am in England, and I have made several attempts to accept Bitcoin as payment for various sales. So far I have had virtually no success. I can transfer Sterling immediately via my bank's on-line service, and there is no charge for this. This makes it difficult for Bitcoin to compete. I have tried to sell domain names for Bitcoin, but so far, buyers have preferred to pay in dollars. I will probably set up a crypto-currency only sales site for domain names in the near future.
I am keen to explore the possibility of using multiple signatures with Bitcoin transactions to provide an escrow function.
To address the original question. I am in England, and I have made several attempts to accept Bitcoin as payment for various sales. So far I have had virtually no success. I can transfer Sterling immediately via my bank's on-line service, and there is no charge for this. This makes it difficult for Bitcoin to compete. I have tried to sell domain names for Bitcoin, but so far, buyers have preferred to pay in dollars. I will probably set up a crypto-currency only sales site for domain names in the near future.
I am keen to explore the possibility of using multiple signatures with Bitcoin transactions to provide an escrow function.
as iam from asia i don't know much about the europe but know that there are some shops in america and england which accept bitcoin and there are many online shops which accept bitcoin.... i had never purchased any thing using bitcoin but iam sure that the people of europe follow bitcoin much more than us........
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. 
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.
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
Several Americans were found of using bitcoin actively than the people residing in UK. In America people accepted and has got lots of acceptance for bitcoin in physical stores. UK as a Country which accepts bitcoin got decreased when several crisis took place dear its growing level.
I can't say of England in Bitcoin space, have not seen anything indicating BTC influence in England, but I know Bitcoin has real and strong followers in States. It will be good for BTC to have strong followers in these countries.
This is so, England is one of the first countries that have started to actively explore blockchain technology, but that it relied on bitcoin, or had a lot of followers of this can not be heard. After Brexit very little news from the UK for this area. It is said that strong states in cyberspace such as the USA and England are following the bitcoin. Is this true?
As far as I know, yes there are lot of bitcoin users over in US, also there are other merchants too that accepted bitcoin. It may not all there citizens are bitcoin users but perhaps, they build big bitcoin community anyhow.
Yes, I think America and England accepts
bitcoin and also China. Many country accepts
bitcoin and one of those countries is this three
large countries.
bitcoin and also China. Many country accepts
bitcoin and one of those countries is this three
large countries.
can people stop thinking china is a power house
-snip-
AFAIK every major pump which brought price of BTC above $1000 threshold (in late 2013 and in December 2016) was originated and sustained by Chinese traders.
It is still safe to assume that China is behind the price of BTC, and price is the most crucial factor here - no one will tell me otherwise.
chinese are so dangerous nowadays in any field ,
imho they are really great in developing bitcoin especially if talking about manipulating the price ,
well we have different way to support bitcoin by the way .
I can't say of England in Bitcoin space, have not seen anything indicating BTC influence in England, but I know Bitcoin has real and strong followers in States. It will be good for BTC to have strong followers in these countries.
It is said that strong states in cyberspace such as the USA and England are following the bitcoin. Is this true?
And to think that people asked if there's enough idiots in the world who would order miners from BFL back in the day or invest in StakeMiners today.
Strong countries seeing a strong future in bitcoin. Why the hell not?
They will of course, knowing they could create more money with it so why not enter it also. US is one of those who are trying hard to scatter the definition of bitcoin and what it does. Look at youtube it is all them that are creating videos to enlighten human beings.
They will of course, knowing they could create more money with it so why not enter it also. US is one of those who are trying hard to scatter the definition of bitcoin and what it does. Look at youtube it is all them that are creating videos to enlighten human beings.
I don't know for a fact if both nations are following but they should and I wouldn't be surprised if they are because of the potential the entire blockchain technology seeks to present to the world and the fear that China has more stake in the network control of bitcoins than the rest of the world.
i say yes if america and england folow bitcoin, i have a friend from america and he know about bitcoin and use it even he invest on a site who accepted bitcoin
Even i know some my friend who live in America and England are eventually following bitcoin because my friend are into a part of bitcoin trading, the money they are making through bitcoin they are paying taxes for it. As long as they are paying on what they are earning through bitcoin they are safe.
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