Personally speaking, maybe yes, but what happened was not as expected, the Chinese state limited bitcoin because of the large amount of hidden data, so it was feared that many hackers would attack, due to increasingly powerful resources.
There is no hidden data on Bitcoin, all transactions and addresses are public and traceable. Governments which ban Bitcoin do so because they fear the freedom of the citizens and use money as a medium to control the public. Hackers and scammers can use other sources to carry out their activities. 
Topic: The views of developed countries with developing countries on bitcoin - page 2. (Read 223 times)
June 08, 2021, 04:05:51 PM
June 08, 2021, 02:35:52 PM
Different countries different options. A country's development fully depends on the government. Some countries don't want to welcome Bitcoin because they are unaware of Bitcoin technology and the future of Bitcoin as well. They are developing countries, they can't take the real-time decision and actually, that's the reason why they are developing countries instead of developed. On the other hand developed countries know about technology more than developing countries. They are taking advantage of Bitcoin where developing countries are backdated. Developed countries don't want to stay back, and they take the real-time decision. So the view about Bitcoin never would be the same between them.
June 08, 2021, 01:26:14 PM
Personally, I think the distinction is not due to the level of development but rather the style of leadership (when it comes to Bitcoin). Developed nations like China, with one of the world's best economies is hostile to cryptocurrencies while far less developed nation's are very accommodating. This is cause the Chinese government is a restrictive one, and opposes the freedom and transparency which Bitcoin offers.
Governments which are transparent and progressive (developed or not) would create a welcoming development for Bitcoin.
Governments which are transparent and progressive (developed or not) would create a welcoming development for Bitcoin.
Personally speaking, maybe yes, but what happened was not as expected, the Chinese state limited bitcoin because of the large amount of hidden data, so it was feared that many hackers would attack, due to increasingly powerful resources.
but whatever it is bitcoin is king for developed countries while developing countries consider bitcoin to be pseudo
June 08, 2021, 12:04:03 PM
Personally, I think the distinction is not due to the level of development but rather the style of leadership (when it comes to Bitcoin). Developed nations like China, with one of the world's best economies is hostile to cryptocurrencies while far less developed nation's are very accommodating. This is cause the Chinese government is a restrictive one, and opposes the freedom and transparency which Bitcoin offers.
Governments which are transparent and progressive (developed or not) would create a welcoming development for Bitcoin.
Governments which are transparent and progressive (developed or not) would create a welcoming development for Bitcoin.
June 08, 2021, 11:54:37 AM
Developed countries see the potential of digital or bitcoin as something important and needs to be developed, so that the potential of youth to develop is much more possible, especially since existing resources can be used properly.
considering the increasingly advanced era, the greater the opportunity to be used to meet daily needs, even if we focus, the income in bitcoin will be far from sufficient.
while developing countries often view something new as unimportant, considering that the resources they have are very minimal, as a result developing countries are often left behind in the digital world, especially bitcoin itself.
not to mention the rules made by the government are very unlikely to allow the existing resources to wrestle this world, even if there are very few people involved and willing to follow the rules of bitcoin itself.
difficult patterns will be a reason not to want to start trying, plus there are no resources that can access bitcoin with the complexity and rules that apply.
considering the increasingly advanced era, the greater the opportunity to be used to meet daily needs, even if we focus, the income in bitcoin will be far from sufficient.
while developing countries often view something new as unimportant, considering that the resources they have are very minimal, as a result developing countries are often left behind in the digital world, especially bitcoin itself.
not to mention the rules made by the government are very unlikely to allow the existing resources to wrestle this world, even if there are very few people involved and willing to follow the rules of bitcoin itself.
difficult patterns will be a reason not to want to start trying, plus there are no resources that can access bitcoin with the complexity and rules that apply.
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