What is the future of bitcoin without powerful nations?

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Quote from: Silberman on March 15, 2023, 12:35:25 PM

The concept of bitcoin is so revolutionary that even now people have troubles understanding it, while fiat currencies are created by those at the very top of the totem pole and the rest of the population has no option but to use them or be penalized, bitcoin is a currency which adopts the opposite approach, bitcoin receives its support from the people that use it as each one of us does so willingly, so while some support from the government would be nice, we do not really need it.

People who actually find it difficult to understand the revolutionary concept of bitcoin, are those who don't really care about bitcoin or those who think that bitcoin is just a parasite or an asset that won't be valuable in the future. and also because of bitcoin risk with high volatility.
Even though bitcoin implements technology that is needed by everyone.

Developed countries are starting to accept bitcoin but some developed countries are also banning bitcoin, this is due to the impact on bitcoin technology which is decentralized, cannot be regulated by anyone and is also too transparent.

Supported or not by a strong country, bitcoin will still grow as a revolutionary digital currency due to the support of a strong community.
The government can only prohibit it through the regulations they apply, and cannot stem the growth of bitcoin.

OpenCEX

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China doesn’t have much influence on BTC, because a lot of things related to crypto have long been banned there. Since then, their government’s actions and news on China’s underground crypto industry are no longer very negative.
And Africa is not a country at all, it’s a continent. There are 62 states. They can’t act in unison, either against or in favour of BTC.

super bako

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we are in an era where crypto is easy, it will make it easier for people to do anything, great scientists continue to develop trials to make this world a better place. maybe in the next 10 years there will be technology created from cyrpto or blockchain networks that will make us better. Elonk Musk is also interested in the crypto world and supports it

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Quote from: Ludmilla_rose1995 on March 14, 2023, 12:21:37 PM

whether for the last 12 years, bitcoin depend on powerful countries? the answer is of course not, and that is what will happen in the next 10 or 100 years. bitcoin will continue to exist even without or with the support of a strong state because the bitcoin community itself is very strong.

The concept of bitcoin is so revolutionary that even now people have troubles understanding it, while fiat currencies are created by those at the very top of the totem pole and the rest of the population has no option but to use them or be penalized, bitcoin is a currency which adopts the opposite approach, bitcoin receives its support from the people that use it as each one of us does so willingly, so while some support from the government would be nice, we do not really need it.

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whether for the last 12 years, bitcoin depend on powerful countries? the answer is of course not, and that is what will happen in the next 10 or 100 years. bitcoin will continue to exist even without or with the support of a strong state because the bitcoin community itself is very strong.

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Quote from: Patrol69 on March 12, 2023, 07:50:34 PM

Bitcoin will never disappear from the market. Maybe powerful countries rejected Bitcoin for a while but people all over the world are accepting Bitcoin. You will find many countries in the world that have not legalized Bitcoin but are buying and selling Bitcoin in those countries. A few days ago a news broke that a home owner in Portugal will be selling his house through a Bitcoin transaction. This is really a very positive news. I think bitcoin will never end its existence rather bitcoin will take better position as time changes.

Although that's not new that there have been sales of properties that have been conducted through bitcoin we don't have the stats of it on what's the percentage of success rate from those sales. But other than that, if someone is willing to sell his house for bitcoin then that means that it's still under a government where the sale resides. It's true that even some countries don't like bitcoin and place some strict protocol of stopping transactions made from it, they just can't stop the people from other borders of the world that keeps on doing where they're free to do it as much as we can. The future of bitcoin isn't going to rely on the government because even if some legalities will not be made for its usage, people will still invest and use it no matter what the sanctions may be.

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Quote from: bitterguy28 on March 12, 2023, 11:36:49 PM

internet will never leave the world mate so expect this to exist even in your 5th generation , and of course the cryptocurrencies? though those project only that has potential future and updating will remain strong and serving people.

First thing what is damged in war is Telecom and such.

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Quote from: GreenStox on March 06, 2023, 11:56:59 AM

in my opinion if the internet and digital currencies continue to develop and be used then bitcoins and altcoins will continue to exist and survive, just like money or goods that are commonly used, they will continue to exist when people need them.
not much different from bitcoin, and what I see from year to year bitcoin continues to rise.

internet will never leave the world mate so expect this to exist even in your 5th generation , and of course the cryptocurrencies? though those project only that has potential future and updating will remain strong and serving people.

I believe that of course the strong countries can still affect the existence of crypto but we must remember that we as people will have the strong part in this existence as we will continue to support and use.

Patrol69

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Bitcoin will never disappear from the market. Maybe powerful countries rejected Bitcoin for a while but people all over the world are accepting Bitcoin. You will find many countries in the world that have not legalized Bitcoin but are buying and selling Bitcoin in those countries. A few days ago a news broke that a home owner in Portugal will be selling his house through a Bitcoin transaction. This is really a very positive news. I think bitcoin will never end its existence rather bitcoin will take better position as time changes.

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Quote from: el kaka22 on March 10, 2023, 03:09:29 PM

There will always be powerful nations that will support it. If for nothing else, just one big nation disliking it would be enough for the other power to take it up just to spite the other one. Lets assume USA says bitcoin is terrible, Russia and China will say it's awesome, if they say it's terrible, USA will say it's awesome.

Basically there will always be powerful nations that hate each other, the most powerful nation in the world position is always up for grabs and everyone tries to get it, and that is why I have to say that it is not going to be simple for everyone to hate it at the same time, there will be at least one of them that will accept and like it.

Exactly, every single government out there is looking at their own interests and even if somehow the most powerful countries around the world could come to an agreement and banned bitcoin there will be many smaller countries that will be willing to adopt it and receive all kind of investments because of this decision, so there will always be some countries willing to break the ranks and accept bitcoin even if this means receiving some heat by those powerful countries.

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There will always be powerful nations that will support it. If for nothing else, just one big nation disliking it would be enough for the other power to take it up just to spite the other one. Lets assume USA says bitcoin is terrible, Russia and China will say it's awesome, if they say it's terrible, USA will say it's awesome.

Basically there will always be powerful nations that hate each other, the most powerful nation in the world position is always up for grabs and everyone tries to get it, and that is why I have to say that it is not going to be simple for everyone to hate it at the same time, there will be at least one of them that will accept and like it.

saladin7000

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I think even without a strong country bitcoin will still develop because bitcoin is a digital currency whose existence is only in cyberspace, this can be seen even though almost all countries prohibit bitcoin from developing in their country but it doesn't make bitcoin grow stop, even the opposite as time goes by, bitcoin is increasingly in demand and growing rapidly,

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I believe by now a ban on Bitcoin is good for Bitcoin because this just proves what Bitcoin stands for, as long as you have internet you are good to use Bitcoin. initially, the ban may affect the price because the fiat gateway is going to be disturbed or blocked but with time people will find a way around it mid to long-term it is very good. Almost all nation-states ban drugs and you can see the demand keeps increasing and so is the price.

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Quote from: JamesBorn on March 09, 2023, 06:01:30 PM

Bitcoin is not own by anyone. Capitalist are rather gaining from investing in btc, is on their account of losing because btc has monopoly of market not determined my countries but individuals of the world but talking about bans, restrictions and rejection it may sounds like a hit for a period of time especially this down threads season but is normal because this capitalist nations and individuals are very profit oriented and calculative, they will still come along by the time they heard the juicy hours approaching, they will pull back their resources or capital investment into btc project because they always think about interest and profits. And most of them were make more richer because of bitcion. Bitcion is not going anywhere.

yes I agree with your opinion, there is no ownership of bitcoin except individuals who have a lot of money and can invest in it, talk about bans, restrictions and denial only for countries whose economy has been established for a long time and are afraid that bitcoin can affect the sector of the economy that they form, and I think this will be an advantage for countries that will become new objects from a tax perspective.

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Quote from: ichsan ardi on March 10, 2023, 08:20:01 AM

I will continue to bitcoin whatever happens I'm sure many countries will recognize the bitcoin side and accept bitcoin as a means of payment in the country there are even several countries that already support bitcoin for example: El Salvador, Japan, Switzerland, the United States is the one that recognizes bitcoin I believe bitcoin will change the future.

Bitcoin is great to store value, litecoin is great in pasing it on, paying with it, 3 Minutes it took me to pass on ltc to another wallet.
The biggest issue is that people generally do not know how to install, maintain a wallet. So they rely on exchanges.

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Quote from: Blisszi on February 19, 2023, 09:09:12 AM

I guess bitcoin is suffering price depreciation because of most renowned countries like China, US and Africa demoting it values with their economy influence. Most of this nations shares on bitcoin are on high pedal, since they withdrew from investing their state capital and refused to support the existence of bitcoin, the price has not seen a better chance of pumping soon.

In future, it might be different but what if this nations keep strong kicking against bitcoin without reprojected their economy resources, will bitcoin survive for a long time?

What do you is the future of bitcoin at this point?
Do nations or people have power over bitcoin price regulations?
What is your speculation if bitcoin keeps revaluing in price?
Do you see a good outlook soon?
Let's argue your points.

I will continue to bitcoin whatever happens I'm sure many countries will recognize the bitcoin side and accept bitcoin as a means of payment in the country there are even several countries that already support bitcoin for example: El Salvador, Japan, Switzerland, the United States is the one that recognizes bitcoin I believe bitcoin will change the future.

JamesBorn

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Bitcoin is not own by anyone. Capitalist are rather gaining from investing in btc, is on their account of losing because btc has monopoly of market not determined my countries but individuals of the world but talking about bans, restrictions and rejection it may sounds like a hit for a period of time especially this down threads season but is normal because this capitalist nations and individuals are very profit oriented and calculative, they will still come along by the time they heard the juicy hours approaching, they will pull back their resources or capital investment into btc project because they always think about interest and profits. And most of them were make more richer because of bitcion. Bitcion is not going anywhere.

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Quote from: WillyAp on March 05, 2023, 01:58:03 PM

Quote from: Anonylz on March 05, 2023, 01:56:49 PM

I would say the future of btc will be as good even without the powerful countries support.

Only if internet keeps existing. Not to betaken for granted IMHO.

In today's digital age, the internet serves as a vast repository of information that is almost unparalleled in its scope and scale. It is also the backbone of numerous financial systems, including Bitcoin, which are reliant on its robustness and availability. As such, any event that would bring the internet to a halt would have dire consequences for the world as we know it.
It is worth noting that Bitcoin was not created by governments, but rather emerged as a response to the financial fraud that had become rampant within traditional financial institutions. Despite being largely independent of government control, Bitcoin has managed to thrive and grow exponentially in recent years, signaling a shift in the way we think about financial transactions and systems.
Given its decentralized and autonomous nature, it is unlikely that governments will be able to exert significant influence over Bitcoin in the foreseeable future. However, as with any emerging technology, there are bound to be challenges and obstacles along the way, and it remains to be seen how Bitcoin will adapt and evolve in the face of these challenges.

Silberman

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Quote from: summonerrk on March 08, 2023, 09:34:42 AM

At the same time, the Chinese government absolutely clearly shows to what extent it wants to control its people - this is total control. And of course Bitcoin with its anonymity goes against these aspirations of the Chinese government. But the United States does not show this so clearly, but since the dollar is an unsecured Paper, it is obvious that they do not want to lose its magical power over the world.

The Chinese model is bound to fail as people by nature want to have freedom and a totalitarian state will always be against it, so despite how powerful China may look on the outside it will eventually decay from inside and fall, the US model is slightly better as it retains the illusion of freedom for their people, but they still want to achieve the same as the Chinese, however it seems they are slowly realizing that no matter what they do bitcoin can resist all their attacks.

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Quote from: Xampeuu on March 07, 2023, 10:28:09 PM

Quote from: summonerrk on March 07, 2023, 07:16:40 AM

Quote from: Blisszi on February 19, 2023, 09:09:12 AM

I guess bitcoin is suffering price depreciation because of most renowned countries like China, US and Africa demoting it values with their economy influence. Most of this nations shares on bitcoin are on high pedal, since they withdrew from investing their state capital and refused to support the existence of bitcoin, the price has not seen a better chance of pumping soon.

In future, it might be different but what if this nations keep strong kicking against bitcoin without reprojected their economy resources, will bitcoin survive for a long time?

What do you is the future of bitcoin at this point?
Do nations or people have power over bitcoin price regulations?
What is your speculation if bitcoin keeps revaluing in price?
Do you see a good outlook soon?
Let's argue your points.

I think that big countries such as China and the USA are afraid to use bitcoin as one of the main payment systems because their economies have been formed for a long time, the order has been established, whether it is honest or not. And bitcoin can shake this order, since this cryptocurrency carries the idea of freedom. And in the future, the economic sector of countries may cease to exist because of bitcoin.

they want to be in control of the whole world, with bitcoin there is no transaction distance between countries, and of course USD or yuan doesn't matter anymore, that's a possibility that made china ban bitcoin, but even so there are still many countries that accept it even though they don't legalize it, because of course it can become a new tax object for a country, and of course they can't stop bitcoiners in that country, so many countries take advantage of the tax sector. so that in the future more and more bitcoiners will come and they are already prepared

At the same time, the Chinese government absolutely clearly shows to what extent it wants to control its people - this is total control. And of course Bitcoin with its anonymity goes against these aspirations of the Chinese government. But the United States does not show this so clearly, but since the dollar is an unsecured Paper, it is obvious that they do not want to lose its magical power over the world.

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Quote from: summonerrk on March 07, 2023, 07:16:40 AM

Quote from: Blisszi on February 19, 2023, 09:09:12 AM

I guess bitcoin is suffering price depreciation because of most renowned countries like China, US and Africa demoting it values with their economy influence. Most of this nations shares on bitcoin are on high pedal, since they withdrew from investing their state capital and refused to support the existence of bitcoin, the price has not seen a better chance of pumping soon.

In future, it might be different but what if this nations keep strong kicking against bitcoin without reprojected their economy resources, will bitcoin survive for a long time?

What do you is the future of bitcoin at this point?
Do nations or people have power over bitcoin price regulations?
What is your speculation if bitcoin keeps revaluing in price?
Do you see a good outlook soon?
Let's argue your points.

I think that big countries such as China and the USA are afraid to use bitcoin as one of the main payment systems because their economies have been formed for a long time, the order has been established, whether it is honest or not. And bitcoin can shake this order, since this cryptocurrency carries the idea of freedom. And in the future, the economic sector of countries may cease to exist because of bitcoin.

they want to be in control of the whole world, with bitcoin there is no transaction distance between countries, and of course USD or yuan doesn't matter anymore, that's a possibility that made china ban bitcoin, but even so there are still many countries that accept it even though they don't legalize it, because of course it can become a new tax object for a country, and of course they can't stop bitcoiners in that country, so many countries take advantage of the tax sector. so that in the future more and more bitcoiners will come and they are already prepared

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Quote from: Blisszi on February 19, 2023, 09:09:12 AM

I guess bitcoin is suffering price depreciation because of most renowned countries like China, US and Africa demoting it values with their economy influence. Most of this nations shares on bitcoin are on high pedal, since they withdrew from investing their state capital and refused to support the existence of bitcoin, the price has not seen a better chance of pumping soon.

In future, it might be different but what if this nations keep strong kicking against bitcoin without reprojected their economy resources, will bitcoin survive for a long time?

What do you is the future of bitcoin at this point?
Do nations or people have power over bitcoin price regulations?
What is your speculation if bitcoin keeps revaluing in price?
Do you see a good outlook soon?
Let's argue your points.

I think that big countries such as China and the USA are afraid to use bitcoin as one of the main payment systems because their economies have been formed for a long time, the order has been established, whether it is honest or not. And bitcoin can shake this order, since this cryptocurrency carries the idea of freedom. And in the future, the economic sector of countries may cease to exist because of bitcoin.

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Quote from: Blisszi on February 19, 2023, 09:09:12 AM

I guess bitcoin is suffering price depreciation because of most renowned countries like China, US and Africa demoting it values with their economy influence.

China has done more harm than good for bitcoin and its not surprising because we all know how controlling their government loves to be.. But it's no brainer i think the people their have become more smarter with the use of cryptocurrencies such that not even crypto bans will stop the revolution in these parts of the world.

On Africa thought these guys have contributed positively after their home currencies have been barted by poor performing economies and they have turned to Bitcoin for better stable alternative currency.

Quote from: Blisszi on February 19, 2023, 09:09:12 AM

Most of this nations shares on bitcoin are on high pedal, since they withdrew from investing their state capital and refused to support the existence of bitcoin, the price has not seen a better chance of pumping soon.

Bitcoin has done it time and time again without this money and it will do it again just hang in there.

Quote from: Blisszi on February 19, 2023, 09:09:12 AM

In future, it might be different but what if this nations keep strong kicking against bitcoin without reprojected their economy resources, will bitcoin survive for a long time?

You keep insisting on bitcoins success depending on a nation investing, this is not the best idea.. Crypto is better off with individuals investing as this is the financial freedom they long for.

Quote from: Blisszi on February 19, 2023, 09:09:12 AM

What do you is the future of bitcoin at this point?
Do nations or people have power over bitcoin price regulations?
What is your speculation if bitcoin keeps revaluing in price?
Do you see a good outlook soon?
Let's argue your points.

For starters bitcoin price will forever remain unregulated and will depend on supply and demand to determine its performance and not regulations.

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Quote from: bitgolden on March 06, 2023, 12:16:21 PM

Quote from: peter0425 on March 05, 2023, 09:28:00 PM

actually it is a wrong statement about "Have No Access to Banks" because I find this impossible because all of us can access banks unless we deny using them and that is what the truth here.
those people who don't wanna use banks and don't wanna be interfere of 3rd parties and government are those people that wants and love using bitcoin and yes I am one of those like yours guys.

But, it is definitely a good thing for poorer nation citizens to work for richer nation citizens and make a good profit. As I always say, 500 dollars may not be a lot for American coder, but could be a great amount for me.

it is indeed mate, and besides we have our own budgeting and capacity to expense and we are not lucky as what you said american that can earn that much but at least our problem in financial is a little lower that they are Grin

but again , we all have access in baking but we just denied this for the benefits as we are bitcoin and crypto users.

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Powerful countries has a big effect in bitcoin and crypto market but let us set aside that because even how they wanted to adopt or not the crypto still people will decide about that.

we have seen so many cases files against crypto in other countries but this stands strong till now meaning? we are the power of bitcoin and not the government because even if they ban this yet we can still purchase and keep hold and use.

Quote from: GreenStox on March 06, 2023, 11:56:59 AM

in my opinion if the internet and digital currencies continue to develop and be used then bitcoins and altcoins will continue to exist and survive, just like money or goods that are commonly used, they will continue to exist when people need them.
not much different from bitcoin, and what I see from year to year bitcoin continues to rise.

but the question is about the powerful country and that is something needed to address here lol.

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Quote from: peter0425 on March 05, 2023, 09:28:00 PM

actually it is a wrong statement about "Have No Access to Banks" because I find this impossible because all of us can access banks unless we deny using them and that is what the truth here.
those people who don't wanna use banks and don't wanna be interfere of 3rd parties and government are those people that wants and love using bitcoin and yes I am one of those like yours guys.

I think it is basically about the fact that world is not just our nations and there could be some poor nations with very poor towns and even poorer villages, which means that those people may not have access to any ATM or any type of bank. I am not saying this is common, it is very rare, and to be honest bitcoin wouldn't really change much for those people unless it's all adopted by everyone in that village, which doesn't really exists right now.

But, it is definitely a good thing for poorer nation citizens to work for richer nation citizens and make a good profit. As I always say, 500 dollars may not be a lot for American coder, but could be a great amount for me.

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in my opinion if the internet and digital currencies continue to develop and be used then bitcoins and altcoins will continue to exist and survive, just like money or goods that are commonly used, they will continue to exist when people need them.
not much different from bitcoin, and what I see from year to year bitcoin continues to rise.

Yuhee

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Quote from: btc78 on February 28, 2023, 02:16:25 AM

Quote from: Charmekkd on February 25, 2023, 09:13:07 PM

bitcoin is not specifically for a particular country but bitcoin is made for people who are interested in investing in it, so in my opinion bitcoin will not fall because it is not controlled by the state but by enthusiasts, so in my opinion bitcoin for the future certain be bright.

Why keep asking about bitcoin to be investment when the truth is Bitcoin is to be used as currency and not just for investment and Holding because it is given right?

cryptoCURRENCY so how do you call this always as investing material?
and also as enthusiast word? I rather call it as believer lol.that is bitcoin.

That is unfortunately thrown to aside for the time being. There will be a time when people will realize that bitcoin is not just an investment but also a currency and they can use it. There are "some" people who use it at the moment but it's really not a lot. I personally believe that we will be seeing much higher prices in bitcoin when that happens, but we need to wait for it a bit more.

We have to agree that people haven't used their investments as currency for a while now, sure back in ancient times people used gold coins for both investment and payment, but for centuries we have been using money and investment as different things, bringing them both together is a hard job.

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Quote from: goaldigger on March 03, 2023, 04:19:47 PM

Quote from: peter0425 on March 02, 2023, 10:18:03 PM

Quote from: Charmekkd on February 25, 2023, 09:13:07 PM

bitcoin is not specifically for a particular country but bitcoin is made for people who are interested in investing in it, so in my opinion bitcoin will not fall because it is not controlled by the state but by enthusiasts, so in my opinion bitcoin for the future certain be bright.

not just investing but in using this also, we cannot deny that in the past years bitcoin become popular because of people using this for their payments online and even in gambling online.

so i think this is not only for Powerful nation or not even in lowest nations instead this is for the world to use and to progress.

Bitcoin is for those individual who have no access to banks this has been the goal since then so without a powerful nations I believe we can still be good but of course as we aim for mass adoption we are hoping that every country will start to accept Bitcoin, this might look too impossible but I believe it will happen soon. Bitcoin serve its purpose, other countries sees the opportunity to ride the trend and make money as well while some are still hesitant, we are still in the process of giving out more information about Bitcoin and I think this may take more time.

actually it is a wrong statement about "Have No Access to Banks" because I find this impossible because all of us can access banks unless we deny using them and that is what the truth here.
those people who don't wanna use banks and don't wanna be interfere of 3rd parties and government are those people that wants and love using bitcoin and yes I am one of those like yours guys.

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Quote from: Anonylz on March 05, 2023, 01:56:49 PM

I would say the future of btc will be as good even without the powerful countries support.

Only if internet keeps existing. Not to betaken for granted IMHO.

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I would say the future of btc will be as good even without the powerful countries support. Besides I don't think btc price suffering has anything to do with what your are assuming. You already know btc price movement has both the bull and bear season and now is not the season when the price move up a lot. I bet you won't think the same when the bull season began. If powerful countries where truly part of btc growth, the story would be different.

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Although the news has some impacts on worth of coins but bitcoins will remain pumping because it has proved that is one of beneficial coin and is never disappointed its holders. Bitcoin may sometime have pump but may be dump on other side but actually these are two essential parts of its worthiness and due to these two characteristics it provides useful results to its holders. PEOPLE or Nation cannot control the value of bitcoin because it is a decentralized so they just spread news about bitcoin but cannot control its status or worth.

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Quote from: Blisszi on February 19, 2023, 09:09:12 AM

I guess bitcoin is suffering price depreciation because of most renowned countries like China, US and Africa demoting it values with their economy influence. Most of this nations shares on bitcoin are on high pedal, since they withdrew from investing their state capital and refused to support the existence of bitcoin, the price has not seen a better chance of pumping soon.

In future, it might be different but what if this nations keep strong kicking against bitcoin without reprojected their economy resources, will bitcoin survive for a long time?

What do you is the future of bitcoin at this point?
Do nations or people have power over bitcoin price regulations?
What is your speculation if bitcoin keeps revaluing in price?
Do you see a good outlook soon?
Let's argue your points.

Bitcoin is not in the stage of mass adoption yet. Mass adoption means most people from around the globe will start using it. It will be started during the bitcoin supercycle(I think it is the year 2025). Also, bitcoin is more decentralized. So the nations or people can not change that fact. The Price is changing with the news.

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Bitcoin will be fine, remember Bitcoin being banned in China but still Bitcoin able to survive it and that is because is not centered to one country only and there's no country that controls Bitcoin so technically it will survive especially not that many are already informed about the importance of Bitcoin. Those powerful nations will be force as well to adopt or else they will be left behind. Foreign investors are now coming in to support a crypto project, I'll see this a a good era for Bitcoin.

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Quote from: DOH! on March 04, 2023, 10:51:47 AM

I think, In essence, bitcoin will survive. In terms of value, bitcoin will be influenced by powerful countries with leading positions in the world. One thing is for sure, bitcoin and blockchain will become an indispensable thing in the future. Whether or not countries accept support or not? I guess yes because bitcoin has almost a significant influence on the majority of the economy and its adoption/acceptance. Bitcoin is creating new ways to interact with fiat.

Governments have realized they cannot stop bitcoin and instead they have opted to try to corrupt it, and we are already seeing the first attempts of this on the form of CBDCs, governments argue their coins are even better as they are backed by them, but for anyone that has taken the time to read more about bitcoin they should know that is precisely what we do not want, we have to trust on the governments to do the right thing and not go back on their word and change how those coins will work, something that we know will happen as this has always been the case when it comes to the governments and their promises.

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I think, In essence, bitcoin will survive. In terms of value, bitcoin will be influenced by powerful countries with leading positions in the world. One thing is for sure, bitcoin and blockchain will become an indispensable thing in the future. Whether or not countries accept support or not? I guess yes because bitcoin has almost a significant influence on the majority of the economy and its adoption/acceptance. Bitcoin is creating new ways to interact with fiat.

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Quote from: peter0425 on March 02, 2023, 10:18:03 PM

Quote from: Charmekkd on February 25, 2023, 09:13:07 PM

bitcoin is not specifically for a particular country but bitcoin is made for people who are interested in investing in it, so in my opinion bitcoin will not fall because it is not controlled by the state but by enthusiasts, so in my opinion bitcoin for the future certain be bright.

not just investing but in using this also, we cannot deny that in the past years bitcoin become popular because of people using this for their payments online and even in gambling online.

so i think this is not only for Powerful nation or not even in lowest nations instead this is for the world to use and to progress.

Bitcoin is for those individual who have no access to banks this has been the goal since then so without a powerful nations I believe we can still be good but of course as we aim for mass adoption we are hoping that every country will start to accept Bitcoin, this might look too impossible but I believe it will happen soon. Bitcoin serve its purpose, other countries sees the opportunity to ride the trend and make money as well while some are still hesitant, we are still in the process of giving out more information about Bitcoin and I think this may take more time.

ivankoh

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Humm, bitcoin is decentralized by nature. it is not exclusive to any country in the world. Not only the US, China, Russia, Africa… The free market will decide the next value of bitcoin. I think basically countries with strong economies have an impact on bitcoin adoption but not survival. Bitcoin will last as long as the internet exists. Lol, the fact bitcoin exists is something that symbolizes and represents something both technologically and liberally that is what the future economy and people both aspire to be.

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Bitcoin will survive even though many countries do not accept bitcoin. the meaning of decentralization itself is not controlled by anyone. So, even when the most powerful nations reject bitcoin, it will survive. however, it may still have an effect on the bitcoin price.
From the question you gave, if we look at the current situation, many people are adapting to bitcoin. they started to learn to accept it, as well as accept bitcoins for their business. so, i think the future of bitcoin is going to be very good.
Countries or people do not have complete control over the price of bitcoin. they might be able to make the price fall, but I don't think it will take long, because bitcoin price movements occur because of the needs and demands that exist in the community.

peter0425

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Quote from: Charmekkd on February 25, 2023, 09:13:07 PM

bitcoin is not specifically for a particular country but bitcoin is made for people who are interested in investing in it, so in my opinion bitcoin will not fall because it is not controlled by the state but by enthusiasts, so in my opinion bitcoin for the future certain be bright.

not just investing but in using this also, we cannot deny that in the past years bitcoin become popular because of people using this for their payments online and even in gambling online.

so i think this is not only for Powerful nation or not even in lowest nations instead this is for the world to use and to progress.

livingfree

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Quote from: lixer on March 02, 2023, 01:55:50 PM

We already saw how Bitcoin climb up to $69k last time. If only not because of the bear market, it still can reach for more. This only shows that BTC can do well without the help of other powerful nations.

That's the peak of the cycle and that's fine, it's a lot of gain already and we have to see it gain more for the next bull run. Yeah, we want to see it grow more but that's the highest that it can make.

And even without the help of nations, powerful or not, bitcoin will still be able to make it even if we're the only one staying in the market. There might not be enough money to flow if they're not here but that's for the market to decide.

People shouldn't underestimate the power of bitcoin even it's only on its own, it has got the entire crypto marketing backing it up.

lixer

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Quote from: Reatim on March 01, 2023, 12:09:14 AM

Quote from: MusaPk on February 28, 2023, 02:43:19 AM

Bitcoin is designed against the financial system that is abusing the consumers for centuries. Since the financial system is under direct control of government, that's the prime reason why they are against the bitcoin.
I don't think Bitcoin is in danger because of opposition from government side. See how much bitcoin has progressed despite opposition from governments. Bitcoin is not only censorship resilient but also government opposition resilient.

maybe they are successfully rejecting the advantage of bitcoin for the people but till when? nowadays people are learning and learning about the advantage of decentralization and with those? Government in the future will have no choice but to admit that fact and let people use and support crypto.
I know that this will take time but eventually it will happen.
as we are now counting more and more people getting inside this market and investing and using crypto as transaction payments.

I think it can still run for a couple of years up until many countries have successfully adopted Bitcoin and that is the time they will re-consider their decisions if they will now unban BTC or not. I think Majority of the people nowadays joined Bitcoin because of the potential profit that it can give to them and only a few of these people care about its decentralized feature but I guess that was still fine as buying and hodling was still an act of supporting Bitcoin.

We already saw how Bitcoin climb up to $69k last time. If only not because of the bear market, it still can reach for more. This only shows that BTC can do well without the help of other powerful nations.

Silberman

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Quote from: yhiaali3 on February 25, 2023, 02:00:13 PM

Certainly, the future of Bitcoin will be much better without the intervention of the governments of powerful countries. These governments are trying to impose their control over Bitcoin because they simply reject decentralization and want to keep their control over everything.

But on the other hand, Bitcoin cannot have a good future without the approval of governments to accept Bitcoin as a currency, at least, because without the approval of governments, people will remain in danger and work in secret so that they will not be discovered, so it is very necessary for governments to recognize Bitcoin in order for Bitcoin to flourish and people can work freely.

It could happen but the only way I see governments accepting bitcoin as completely as you want is for the economy to crash so hard that people begin to use bitcoin out of necessity, then the governments will try to fight it and the people will resist and then force the hand of the government, now some may think this is too much and that such a scenario may never happen, but it is the only way to gain the adoption we want as otherwise people are going to keep using fiat despite all the disadvantages that it brings to them.

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Quote from: Charmekkd on February 25, 2023, 09:13:07 PM

bitcoin is not specifically for a particular country but bitcoin is made for people who are interested in investing in it, so in my opinion bitcoin will not fall because it is not controlled by the state but by enthusiasts, so in my opinion bitcoin for the future certain be bright.

I think that you should not forget that if the value of bitcoin was coming from the demand to buy it. You can try to take some data when people from the powerful nation have not yet adopted bitcoin. The price was very low. It has ever been worth a few dollars only.
A different thing happened when so many people from powerful nations came to adopt bitcoin. Powerful nations have better economic conditions compared to non-powerful countries.

The demand was driving the price to go up. People from wealthy countries will be able to give more value to bitcoin than people from poor countries. Big demand x limited supply = value increase
The same thing is just also happening with altcoin.

Reatim

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Quote from: MusaPk on February 28, 2023, 02:43:19 AM

Bitcoin is designed against the financial system that is abusing the consumers for centuries. Since the financial system is under direct control of government, that's the prime reason why they are against the bitcoin.
I don't think Bitcoin is in danger because of opposition from government side. See how much bitcoin has progressed despite opposition from governments. Bitcoin is not only censorship resilient but also government opposition resilient.

maybe they are successfully rejecting the advantage of bitcoin for the people but till when? nowadays people are learning and learning about the advantage of decentralization and with those? Government in the future will have no choice but to admit that fact and let people use and support crypto.
I know that this will take time but eventually it will happen.
as we are now counting more and more people getting inside this market and investing and using crypto as transaction payments.

$anounimus$

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Quote from: MusaPk on February 28, 2023, 02:43:19 AM

Quote from: yhiaali3 on February 25, 2023, 02:00:13 PM

Certainly, the future of Bitcoin will be much better without the intervention of the governments of powerful countries. These governments are trying to impose their control over Bitcoin because they simply reject decentralization and want to keep their control over everything.

But on the other hand, Bitcoin cannot have a good future without the approval of governments to accept Bitcoin as a currency, at least, because without the approval of governments, people will remain in danger and work in secret so that they will not be discovered, so it is very necessary for governments to recognize Bitcoin in order for Bitcoin to flourish and people can work freely.

Bitcoin is designed against the financial system that is abusing the consumers for centuries. Since the financial system is under direct control of government, that's the prime reason why they are against the bitcoin.
I don't think Bitcoin is in danger because of opposition from government side. See how much bitcoin has progressed despite opposition from governments. Bitcoin is not only censorship resilient but also government opposition resilient.

I guess Bitcoin will get better space soon. Slowly the government will support the presence of Bitcoin, but of course with very clear rules and not mutually detrimental to the financial system that is being run by the government itself.

Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva warned that crypto assets, aka cryptocurrencies, must be a concern for policy makers in the world. Because, without strong rules, the turmoil of these digital commodities risks causing national and world financial stability.

Meanwhile, United States Secretary of Finance Janet Yellen on different occasions said that she did not recommend direct banning of activities related to cryptocurrencies.

source:
https://www.google.com/amp/s/m.bisnis.com/amp/read/20230227/94/1631937/imf-beri-kode-soal-asset-kripto-alias-cryptocurrency

MusaPk

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Quote from: yhiaali3 on February 25, 2023, 02:00:13 PM

Certainly, the future of Bitcoin will be much better without the intervention of the governments of powerful countries. These governments are trying to impose their control over Bitcoin because they simply reject decentralization and want to keep their control over everything.

But on the other hand, Bitcoin cannot have a good future without the approval of governments to accept Bitcoin as a currency, at least, because without the approval of governments, people will remain in danger and work in secret so that they will not be discovered, so it is very necessary for governments to recognize Bitcoin in order for Bitcoin to flourish and people can work freely.

Bitcoin is designed against the financial system that is abusing the consumers for centuries. Since the financial system is under direct control of government, that's the prime reason why they are against the bitcoin.
I don't think Bitcoin is in danger because of opposition from government side. See how much bitcoin has progressed despite opposition from governments. Bitcoin is not only censorship resilient but also government opposition resilient.

btc78

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Quote from: Charmekkd on February 25, 2023, 09:13:07 PM

bitcoin is not specifically for a particular country but bitcoin is made for people who are interested in investing in it, so in my opinion bitcoin will not fall because it is not controlled by the state but by enthusiasts, so in my opinion bitcoin for the future certain be bright.

Why keep asking about bitcoin to be investment when the truth is Bitcoin is to be used as currency and not just for investment and Holding because it is given right?

cryptoCURRENCY so how do you call this always as investing material?
and also as enthusiast word? I rather call it as believer lol.that is bitcoin.

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bitcoin is not specifically for a particular country but bitcoin is made for people who are interested in investing in it, so in my opinion bitcoin will not fall because it is not controlled by the state but by enthusiasts, so in my opinion bitcoin for the future certain be bright.

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Certainly, the future of Bitcoin will be much better without the intervention of the governments of powerful countries. These governments are trying to impose their control over Bitcoin because they simply reject decentralization and want to keep their control over everything.

But on the other hand, Bitcoin cannot have a good future without the approval of governments to accept Bitcoin as a currency, at least, because without the approval of governments, people will remain in danger and work in secret so that they will not be discovered, so it is very necessary for governments to recognize Bitcoin in order for Bitcoin to flourish and people can work freely.

Silberman

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Quote from: TimeTeller on February 22, 2023, 03:28:10 PM

Quote from: WatChe on February 22, 2023, 12:19:08 PM

Bitcoin despite too much opposition from big powers BTC is still holding its ground. Bitcoin it will continue to progress since it has a strong community that backs it up. In its one decade long journey there is no single big power that has accepted bitcoin in its decentralized state. Still we saw Bitcoin going from zero to 67k$ in one decade. I have no confusion in saying that big powers will continue to oppose Bitcoin and Bitcoin will keep going up due to backing of community that is distributed globally.

A very good example was when China, with economic power, made a ban on btc and crypto in general.
Yes, it had an impact at that moment, but look at where we are now, btc is still going strong.
With this scenario, it means, btc doesn't need backing from big powers, it will continue to exist as long as there is community supporting this market.
As we have observed, this market doesn't need powerful nations to survive, but of course endorsement from them would boost the adoption.

Correct, the adoption of bitcoin by governments will boost adoption and the awareness in that country, but it is not a requisite for bitcoin to survive or to thrive, bitcoin can survive without the support of the government or even if it is made illegal, as it is the case in some countries already, so people should not be too worried about this, especially if they live in a country in which bitcoin is legal to use and they are not going to face any persecution because of it.

btc78

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Quote from: KennyR on February 19, 2023, 06:36:43 PM

Bitcoin isn't developed to be used by any particular country or corporate network. The technology can be used anywhere and bitcoin is developed with the objective to remove the middle man.

indeed, yet some countries wanted to take this as their own or else they will hate it things that made crypto or bitcoin to be harder being adopted , but with all of us supporting and using instead of keeping as holding? then the chance of adaptation will happen SOon.

Quote

Here growth depends upon the common people, more the usage more will be the growth. At times mass adoption happens when positive moves taken from the large economies. It means they've got control over the market to some extent which can't be denied. But the users are key elements.

well , it is demand and supply , the more people demanding is the more supply needed and the price will increase.
market will continue as this because we have seen this happening up to now.

abel1337

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Quote from: TimeTeller on February 22, 2023, 03:28:10 PM

Quote from: WatChe on February 22, 2023, 12:19:08 PM

Bitcoin despite too much opposition from big powers BTC is still holding its ground. Bitcoin it will continue to progress since it has a strong community that backs it up. In its one decade long journey there is no single big power that has accepted bitcoin in its decentralized state. Still we saw Bitcoin going from zero to 67k$ in one decade. I have no confusion in saying that big powers will continue to oppose Bitcoin and Bitcoin will keep going up due to backing of community that is distributed globally.

A very good example was when China, with economic power, made a ban on btc and crypto in general.
Yes, it had an impact at that moment, but look at where we are now, btc is still going strong.
With this scenario, it means, btc doesn't need backing from big powers, it will continue to exist as long as there is community supporting this market.
As we have observed, this market doesn't need powerful nations to survive, but of course endorsement from them would boost the adoption.

I remember how china ban cryptocurrency many times and doing it repeatedly to affect the market and lifting it again but over the time people adopted and the market changes slow downs as there are speculations that china is accumulating their own bitcoin after their crypto bans. This might happen again but on different powerful nation, It would be temporary but there's a chance that they will take the opportunity to buy then lift the ban again. I agree that bitcoin exist without the help of big countries but I think that sooner or later we will come to a situation where big nations will be the one who will accumulate bitcoin as there additional or alternative reserves.

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Quote from: Blisszi on February 19, 2023, 09:09:12 AM

-cut-
What do you is the future of bitcoin at this point?
-cut-

Big countries have always caused fear uncertainty and doubt for bitcoin's future. And for a good reason. If they ban fiat money pairs from cexes or freeze any fiat money that is originated from bitcoin trading, we are pretty much over and back to p2p trading.

Quote from: Blisszi on February 19, 2023, 09:09:12 AM

-cut-
Do nations or people have power over bitcoin price regulations?
-cut-

I don't understand the question. Nations can't decide what the bitcoin price is. People are doing it by trading it.

Quote from: Blisszi on February 19, 2023, 09:09:12 AM

-cut-
Do you see a good outlook soon?
-cut-

Definitely, i've seen the fear of the markets before and it's always been similar before the rise.

TimeTeller

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Quote from: WatChe on February 22, 2023, 12:19:08 PM

Bitcoin despite too much opposition from big powers BTC is still holding its ground. Bitcoin it will continue to progress since it has a strong community that backs it up. In its one decade long journey there is no single big power that has accepted bitcoin in its decentralized state. Still we saw Bitcoin going from zero to 67k$ in one decade. I have no confusion in saying that big powers will continue to oppose Bitcoin and Bitcoin will keep going up due to backing of community that is distributed globally.

A very good example was when China, with economic power, made a ban on btc and crypto in general.
Yes, it had an impact at that moment, but look at where we are now, btc is still going strong.
With this scenario, it means, btc doesn't need backing from big powers, it will continue to exist as long as there is community supporting this market.
As we have observed, this market doesn't need powerful nations to survive, but of course endorsement from them would boost the adoption.

Silberman

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Quote from: Blisszi on February 19, 2023, 09:09:12 AM

I guess bitcoin is suffering price depreciation because of most renowned countries like China, US and Africa demoting it values with their economy influence. Most of this nations shares on bitcoin are on high pedal, since they withdrew from investing their state capital and refused to support the existence of bitcoin, the price has not seen a better chance of pumping soon.

In future, it might be different but what if this nations keep strong kicking against bitcoin without reprojected their economy resources, will bitcoin survive for a long time?

What do you is the future of bitcoin at this point?
Do nations or people have power over bitcoin price regulations?
What is your speculation if bitcoin keeps revaluing in price?
Do you see a good outlook soon?
Let's argue your points.

Bitcoin was designed with the idea of not needing the support of the governments or banks, so it changes nothing if governments decide to ban it or to regulated it heavily, bitcoin and the people that support it will always find a way to keep themselves in the game, now this would without a doubt slowdown the adoption of bitcoin and with it its growth as well, but it will not affect how it works, which at the end is what makes bitcoin valuable and a useful tool for all of us.

WatChe

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Bitcoin despite too much opposition from big powers BTC is still holding its ground. Bitcoin it will continue to progress since it has a strong community that backs it up. In its one decade long journey there is no single big power that has accepted bitcoin in its decentralized state. Still we saw Bitcoin going from zero to 67k$ in one decade. I have no confusion in saying that big powers will continue to oppose Bitcoin and Bitcoin will keep going up due to backing of community that is distributed globally.

redsun114

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I wouldn't say that china, USA and "Africa" has the same approach to it. First of all China tries to ban it as much as they can, that's true, but USA doesn't, they allow crypto investments and even crypto companies, hell coinbase is a stock market listed company at this moment, you don't get more allowed than that. On the other hand, Africa is a continent, not a nation and each nation in Africa has a different approach to it so we can't just say it like it's one thing, some like it, some don't.

So as you can see, the world is not approaching it all at once with the same view, there will be some nations who support it, and there will be some nations who are against it.

dansus021

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the future bitcoin still great without powerful nations in fact bitcoin birth because crisis that happen in 2008 bitcoin basically try to fix the nation problem. even bunch of regulation bitcoin keep stronger take example of china, their country ban crypto but there is a lot of people/user still use the crypto.

in my opinion a good nation should regulate crypto in "better" way

kotajikikox

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Quote from: Blisszi on February 19, 2023, 09:09:12 AM

I guess bitcoin is suffering price depreciation because of most renowned countries like China, US and Africa demoting it values with their economy influence.

it may or not , but the best thing here? is that bitcoin is staying its position this now.

Quote

Most of this nations shares on bitcoin are on high pedal, since they withdrew from investing their state capital and refused to support the existence of bitcoin, the price has not seen a better chance of pumping soon.

wait, does US and Africa totally abandoned bitcoin? isn't over statement?

Quote

In future, it might be different but what if this nations keep strong kicking against bitcoin without reprojected their economy resources, will bitcoin survive for a long time?

it will , because there are more countries in the future that will adopt this , not because some are not.

Quote

What do you is the future of bitcoin at this point?
Do nations or people have power over bitcoin price regulations?
What is your speculation if bitcoin keeps revaluing in price?
Do you see a good outlook soon?
Let's argue your points.

nothing is consistent to answer those question, it will happen eventually .

romero121

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Powerful nations have contributed good to the growth of bitcoin. In specific I've experienced the participation of China in the recent years and later it went for a complete ban which is unexpected. The goodness depends on the users, amidst all the negative incidents that had happened out of the powerful nations we were able to see good progress in the cryptomarket. So, it is not about the powerful nations, but the people who decides the market. Powerful nations could help with the mass adoption which can make a wider market for bitcoin.

wheelz1200

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Quote from: Blisszi on February 19, 2023, 09:09:12 AM

I guess bitcoin is suffering price depreciation because of most renowned countries like China, US and Africa demoting it values with their economy influence. Most of this nations shares on bitcoin are on high pedal, since they withdrew from investing their state capital and refused to support the existence of bitcoin, the price has not seen a better chance of pumping soon.

In future, it might be different but what if this nations keep strong kicking against bitcoin without reprojected their economy resources, will bitcoin survive for a long time?

What do you is the future of bitcoin at this point?
Do nations or people have power over bitcoin price regulations?
What is your speculation if bitcoin keeps revaluing in price?
Do you see a good outlook soon?
Let's argue your points.

This has been going on for the entire lifespan of bitcoin so far. Whether or not a particular country "bans" it will only have a short term negative effect. Ultimately bitcoin and crypto as a whole are so successful at this point that if a country does not hop on they will be left behind. I think it's already to late for any of these countries to completely let go and risk being behind the technological curve. Stay on or get off we leaving the station with or without you!!

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Quote from: GreatArkansas on February 19, 2023, 09:26:21 PM

Quote from: Blisszi on February 19, 2023, 09:09:12 AM

What do you is the future of bitcoin at this point?
Do nations or people have power over bitcoin price regulations?
(...)

For me, this kind of issue will not matter at all since Bitcoin was created to be decentralized like everyone can use Bitcoin. So for me, this is not the point at all because even how powerful a nation is it can't control Bitcoin, they can't take down Bitcoin or what.

Yeah, they can't control Bitcoin but they can still be able to ban Bitcoin so that no one on their country can use it. What do you think can happen after this? Well, there will be no more adoptions so the price will either be stagnant or it will decline since a Bitcoin being banned in some nations is a kind of bad news and we all know that there are people who panic sells after they hear such news.

I just want to say that talks like this matters a lot because it can make or break Bitcoin. We don't know if what future awaits with Bitcoin but at this point, Bitcoin is now doing great and we expect that it will perform better these upcoming months and years.

uneng

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Countries like USA and China have great influence in bitcoin's price. As we have seen, always an impacting news come from those countries, like China has banned bitcoin or US has raised interest rates, we also see an effect over bitcoin, usually negative.

On the other hand, I've never seen any influence of such strength coming from any african nations regards bitcoin, so I really don't understand why you added Africa in your post.

Quote from: Blisszi on February 19, 2023, 09:09:12 AM

What is your speculation if bitcoin keeps revaluing in price?
Do you see a good outlook soon?

Despite the negative influence powerful nations have over bitcoin, there is still a bright future for the digital currency, as supply gets more scarce, mining difficult increases, fiat loses purchasing power and centralized institutions lose credibility with the public.

jossiel

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Quote from: Blisszi on February 19, 2023, 09:09:12 AM

What do you is the future of bitcoin at this point?

The future of bitcoin with or without those nations that don't like bitcoin is still in great shape. We can have a reset and a new start without them as that's where bitcoin have came from.

Quote from: Blisszi on February 19, 2023, 09:09:12 AM

Do nations or people have power over bitcoin price regulations?

The nations can do influence the price of bitcoin and the same goes for the people that have a huge influence in certain markets. Anything they say can truly heavily influence the price whether it's good or bad but, usually, it's all about the bad news or statements.

Quote from: Blisszi on February 19, 2023, 09:09:12 AM

What is your speculation if bitcoin keeps revaluing in price?

It's a normal thing for bitcoin. We'll have to wait until the next halving and when it's done, you'll see how great the value would be.

Quote from: Blisszi on February 19, 2023, 09:09:12 AM

Do you see a good outlook soon?

Why not? I'm not worried at all.

GreatArkansas

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Quote from: Blisszi on February 19, 2023, 09:09:12 AM

What do you is the future of bitcoin at this point?
Do nations or people have power over bitcoin price regulations?
(...)

For me, this kind of issue will not matter at all since Bitcoin was created to be decentralized like everyone can use Bitcoin. So for me, this is not the point at all because even how powerful a nation is it can't control Bitcoin, they can't take down Bitcoin or what.

KennyR

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Bitcoin isn't developed to be used by any particular country or corporate network. The technology can be used anywhere and bitcoin is developed with the objective to remove the middle man. Here growth depends upon the common people, more the usage more will be the growth. At times mass adoption happens when positive moves taken from the large economies. It means they've got control over the market to some extent which can't be denied. But the users are key elements.

dezoel

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I think the future of Bitcoin will be as bright as a star in the sky. Countries of people don't generally have power over bitcoin or to control it's price movements, what moves the price of bitcoin is the forces of buying or selling. Buying force drives the price to grow while heavy selling results in a significant drop. That is the only way an entity or a central authority can make an impact if they are putting heavy pressure either on buying or selling of the coin.

But despite that, I don't see any of that stopping Bitcoin from entering the future with a newer and better position from the previous one, and by position I mean a price that is higher than it's previous ATH.

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Quote from: Blisszi on February 19, 2023, 09:09:12 AM

In future, it might be different but what if this nations keep strong kicking against bitcoin without reprojected their economy resources, will bitcoin survive for a long time?.

Precisely Bitcoin would be better and freer without these capitalist countries. That way we feel the future of Bitcoin will still continue to contribute to us in general. Don't get me wrong when a country like China controls something means control is no longer yours. Whether there is adoption by countries, Bitcoin remains an asset that will be adopted globally. If you look at Africa now, you might miss a lot because African countries are much more Bitcoin-friendly now. For example, the Central African Republic is the second country after El Salvador to establish a bitcoin legal tender.

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I guess bitcoin is suffering price depreciation because of most renowned countries like China, US and Africa demoting it values with their economy influence. Most of this nations shares on bitcoin are on high pedal, since they withdrew from investing their state capital and refused to support the existence of bitcoin, the price has not seen a better chance of pumping soon.

In future, it might be different but what if this nations keep strong kicking against bitcoin without reprojected their economy resources, will bitcoin survive for a long time?

What do you is the future of bitcoin at this point?
Do nations or people have power over bitcoin price regulations?
What is your speculation if bitcoin keeps revaluing in price?
Do you see a good outlook soon?
Let's argue your points.

Topic: What is the future of bitcoin without powerful nations? (Read 469 times)