Post
Topic
Board Bitcoin Discussion
Re: Countries that accept bitcoin payments
by
amilla041184
on 27/01/2018, 04:57:33 UTC
Some country have accepted the bitcoin as the payment for transaction everything by bitcoin be the payment, they have allow for the bitcoiner using bitcoin as the payment for their transaction like United State, Japan, Russian. but any country still not allowed for make transaction by using bitcoin as the payment because they wanna bitcoin will be change the the using of their money. by using bitcoin will be less people using money and the value of the money will be not increase.

There are lots of countries who accept bitcoin payments. According to Prableen Bajpaj in his article entitled 'Countries Where Bitcoin Is Legal & Illegal (DISH, OTSK)', bitcoin is anonymously used in transactions that can happen anytime and anywhere. They may used it to buy things, sell illegal goods like weapons and drugs and others. Here are the countries listed to be said that say 'okay' for bitcoin.

United States, Canada, Finland, and Australia.

In United States, they positively accept it yet several agencies in their country prevent the usage of bitcoin. In Canada, they used bitcoin for exchanges and service businesses. In Australia, they used it for mining, trading and buying bitcoin.

May I add something, Japan had very open for the Bitcoin and the Cryptocurrency. They have legalized the use of it, but the mass adoption is still slow.
As what really intended when bitcoin is founded it must be used as mode of payment for virtual goods and services unfortunately it is now use more as a medium on investment and storage of value. Hope a year or two later bitcoin would be used worldwide as mode of payment. I can see it still far to happen in my country but Japan and other neighbor country being open on this kind of transaction is a good sign I guess.