Quote from: Zohina on July 25, 2018, 01:29:11 AM

Quote from: phdilanuom on February 12, 2018, 04:25:04 AM

I've heard many of my companions say the bitcoin is the greatest invention in the decade.. But I wonder why every country don't accept this as a legal currency in their general transactions?

I think countries that still reject the use of bitcoin because the country's technology is inadequate, and the possibility of the country's financial management system has not been integrated with one another, and bitcoin is feared as a place for money laundering, most of which are corruptors in the country. but that does not apply to countries whose financial systems are very modern and technology from that country is already very advanced, surely the country accepts crypto currencies, especially bitcoin, for example Japan, America and other developed countries.

Yeah true enough. There's still quite a way to go until it will be adequate to be a part of daily commerce. It has some use in limited transactions, like for services, but it cannot be used to the extent that visa can where millions of people are making trasactions around the world at any moment in time.

The doom and fear also has a big part to play as well as mainstream media tends to portray it as a cash vehicle for money launderers, weapons salesmen, drug dealers, rapists... blah blah blah. They like to paint it black any way they can because it's unconventional and it threatens the current power system.