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Topic: Will Bitcoin be accepted by USA or will the US try to denounce or embrace? (Read 1904 times)

full member
Activity: 294
Merit: 102
Bitcoin will be accepted i guess day by day people using bitcoin is increasing and i think us government will gonna prevent it i think they will embrace if they see the potential of bitcoin and i think some states in US already embrace it and finally recognized bitcoin.
newbie
Activity: 40
Merit: 0
Bitcoin is already accepted in some large cities in U.S.A such as New York and San Francisco. As a matter of fact, some of well-known companies in there are already embraced and used it. But they still have hesitation in trully accepting it. Maybe because the America is worried about the system of the bitcoin and how will it affect the future of dollars, transactions, payments and people.
member
Activity: 94
Merit: 10
I think they will eventually have to embrace it - however - the US Dollar is widely backed and supported by the Trillionaire Rothschild families and entities and they do not take kindly to things that cut into their bottom line.   I believe they will initially create a media spin factory denouncing Bitcoin, but it is such a non-stoppable power that they will eventually have to embrace it.
sr. member
Activity: 1008
Merit: 355
In my opinion, bitcoin will sooner or later be accepted by the US, because Japan has received bitcoint and Japanese bitcoin users are very high, unlike in the US where only a handful of them know and continue to live it, and I think if the US User bitcoin keeps growing . The taste of Bitcoin will be accepted by the US sooner or later, as we know today, bitcoin has a huge impact on the economy in the modern world, I'm sure it must be felt by the US. Due to the rapid development of bitcoin, and supported by stable market prices

There is a big possibility that eventually USA will recognize Bitcoin in exchange for some solid regulations in placed as they want to protect the consumers from being scammed (nice intention) but giving leeway for the growth of the cryptocurrency market. Though right now it is not illegal to hold Bitcoin if you are a USA citizen but you need to declare any earnings you receive from a Bitcoin transaction.
hero member
Activity: 1274
Merit: 622
I think they will eventialy have to embrace it but there are alot of opinions about this, what is your take??

The USA will never accept something that they cant control and am sure they are not going to accept bitcoins since they have no control over it and they dont have any means to monitor how the whole process goes about.

This was really funny to read.  Grin Have you read other replies in this thread? I'm sorry I don't want to sound rude, but your post looks like you are a brainwashed citizen of an anti-American country. I'm sure you are not, it only looks like that.  Smiley

In short, USA is starting to accept bitcoin already and I'm sure it will be among the first countries who accept bitcoin entirely.
sr. member
Activity: 672
Merit: 253
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USA is a big country. I think bitcoin will be received in that country. Because many people are trading on bitcoins. This will make USA to accept bitcoin. Not just in the USA I think in every country will receive bitcoin. Because bitcoin has a very good investment value. This will make a profit for every country. Especially if there is legality. Of course there will be income in the form of taxes. But it is technically necessary that can not get people to look for profit gaps in a way that is not true
legendary
Activity: 1148
Merit: 1097
Bounty Mngr & Article Writer https://goo.gl/p4Agsh
Bitcoin will make America great again, the FED will be over, no more criminals printing money. Trump will have no choice to accept it soon or later. Joking
I think they will only accept IF they can have some control on it, with regulations for their country. Or if they have an interest by accepting it (money or something else)
If they already design a system where they can access it and have a control on it they might consider it. When they got the access they can put tax on it. Or somehow they might studying now how Japan implements ot. Woukd it be helpful or not. Since btc were used in illegal transaction mostly in America before that makes them banning it.
sr. member
Activity: 531
Merit: 258
Bitcoin will make America great again, the FED will be over, no more criminals printing money. Trump will have no choice to accept it soon or later. Joking
I think they will only accept IF they can have some control on it, with regulations for their country. Or if they have an interest by accepting it (money or something else)
full member
Activity: 566
Merit: 113
what does that mean by 'accepted by usa' ?
are you talking about regulation ? well,it has a possibilities but for now it's too early for Bitcoin.
so far,i heard USA people (most of them) not seeing Bitcoin as an assets because it's really unstable,
we can see it based on Bitcoin price,and other problem is bitcoin mostly used for money laundry and gambling.
only a few people using this as a payment point,and it's really hard to track,
possibilites ? it may be have a possibilites to be accepted in the USA,but we need more time around 10 years or so
hero member
Activity: 1330
Merit: 569
I think at this time, the US authority in charge of crypto currencies have come with a position and we all know where it aligned which is they won't allow bitcoin but they cannot stop it, so they come with policies to make it difficult for its penetration but at the same time doing it legitimately by hiding that the interest of the citizens is in their heart which is something I could bring out of the recent release by SEC.
hero member
Activity: 1148
Merit: 527
We already got Japan. Then sout korea is coming also. Then Australia, then I expect many more countries. USA doesn't want to accept bitcoin but they will also have to accept it naturally after other counties' acceptance.
USA doesn’t want to accept bitcoin being a currency because USA has a fear the bitcoin might not defeat US$ in the market and how a country hand over his power to someone. Instead of accepting bitcoin a currency USA will work through propaganda to demoralize bitcoin across the world. USA is fully aware of bitcoin popularity and know that bitcoin is the only competitor of US$ and USA also believe that bitcoin can defeat US$.
sr. member
Activity: 646
Merit: 252
The American government with donald trump president is very difficult to predict. Things can happen unexpectedly, but I think bitcoin would be hard to get official for the United States because it could make weaken the dollar.
hero member
Activity: 686
Merit: 500
One day or the other,USA would have to accept bitcoin.Early china and russia tried to ban bitcoins but after they failed to do it,they started regulating bitcoin.Japan has legalized bitcoin and south korea and india are discussing to legalize bitcoins and most of the countries are ready to join the rally.So,USA would have no other option in future oyher than accepting bitcoins.
sr. member
Activity: 686
Merit: 260
I think they will eventialy have to embrace it but there are alot of opinions about this, what is your take??

The USA will never accept something that they cant control and am sure they are not going to accept bitcoins since they have no control over it and they dont have any means to monitor how the whole process goes about.
You're wrong there , they already accepting bitcoins as like as the previous said they have tax on it even they can't control it they still have commission and i think that is basing on how much you earn or you will withdraw so the tax will be given . .As far as i know they have a legalization process for its users to register in a particular site .
full member
Activity: 170
Merit: 100
We already got Japan. Then sout korea is coming also. Then Australia, then I expect many more countries. USA doesn't want to accept bitcoin but they will also have to accept it naturally after other counties' acceptance.
sr. member
Activity: 2030
Merit: 356
In my opinion, bitcoin will sooner or later be accepted by the US, because Japan has received bitcoint and Japanese bitcoin users are very high, unlike in the US where only a handful of them know and continue to live it, and I think if the US User bitcoin keeps growing . The taste of Bitcoin will be accepted by the US sooner or later, as we know today, bitcoin has a huge impact on the economy in the modern world, I'm sure it must be felt by the US. Due to the rapid development of bitcoin, and supported by stable market prices

USA adopted bitcoin already and so they already have approved the use of it publicly. I think they transaction in Us is already smooth even in government status. We hope every country will do the same thing

hero member
Activity: 910
Merit: 502
Not only USA but all the countries will embrace Bitcoin some day or other. If they denounce or ban bitcoins, people will just funnel their money to other countries. At least right now you pay capital gains tax on withdrawals to your bank. It's a winning situation to regulate crypto trade.

True, but not all governments have the same acceptance towards bitcoin. While there are some countries like Japan, South Korea or Singapore that are clearly bitcoin friendly, other countries like the USA or many countries in Europe are much worried at how they can regulate and, in a certain way, control it. I guess they fear that, if people uses bitcoin in mass there will be less use of fiat currency and its value will decrease.
I think USA will embrace it because usa is the country where the people are aware of the importance and value of bitcoin they are trading in bitcoin and they don’t want to destroy there trade and on other  side the world is going to digital  so I don’t think that USA will denounce bitcoin.
sr. member
Activity: 644
Merit: 259
CryptoTalk.Org - Get Paid for every Post!
I think they will eventialy have to embrace it but there are alot of opinions about this, what is your take??

The USA will never accept something that they cant control and am sure they are not going to accept bitcoins since they have no control over it and they dont have any means to monitor how the whole process goes about.
member
Activity: 69
Merit: 10
The US already openly accepts Bitcoin.

Of course that could be an underhand way of them manipulating the future of it (which is very likely as regulations get enforces better), but it's good enough that people can still use Bitcoin safely there.

If you can't handle the pressure of governments, just use a mixer.
sr. member
Activity: 630
Merit: 263
What about stable market prices, you say? Look at the chart of bitcoin prices. You call that stability? I don't share your optimism. The US will never recognize bitcoin and it is right for the economy. The maximum that the state can do is to levy a tax on users of bitcoins. Why should you?
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