at this time we know that the Blockchain is being discussed in large countries. and some time ago the Chinese president was welcome on Blockchain. But what about Bitcoin? there is still a lot of controversy going on. Even the US (SEC) is still rejecting the given bitcoin proposal. while we know. Bitcoin is the first carrier of Blockchain technology for general use. is it because of the basic bitcoin that has an anonymous background? so it is difficult to be accepted by the state. could bitcoin be separated someday? I mean Blockchain will be positively welcomed in the world. while Bitcoin will remain controversial.
share your opinions.
Here is the deal: Bitcoin is not accepted by countries (governments), its accepted by (the) people. Big difference.
Those countries that tend to listen to their constituents, will allow it. The more oppressive regimes will oppose it, but sooner than later, most of the world will, simply because everyone is willing to.
Pretty much like coffee used to be banned in the middle east because it would stimulate rebellion against the State (historical fact).
Like many things, it becomes de facto and only later de jure, not the other way around...
A "deflationary" coin that simply doesn't lose its value overtime, in a world that has been preached over a century that inflation is necessary, to stimulate debt, credit expansion and this "growth" (Chicago). Such growth comes with a price, that is not attached when people instead save and then spend after having accumulated (Austrian).
Bitcoin cannot be accepted by people who have only learned the Chicago way, they fear it like the plague. With an Austrian economy you don't need a Central Bank or a Federal Reserve, in fact you don't need Banks for the most part, they can still exist but they have to go back to full reserve practices. So most of the non existent money that creates bubbles would disappear from the economy altogether.