You may lack information regarding the legality of bitcoin during this time. Several countries have allowed bitcoin as a legal means of payment such as taxes, transportation fees and others. However, not all countries allow it as a mean of payment, but in fact we can use it as a means of payment that is recognized by users (not the government) even though it is prohibited in regulations. We are free to trade bitcoin as a valuable asset on the commodities market and and it's legal. As a currency, we can still use bitcoin as a means of payment even without government approval and it is done between users. You must know that. Don't expect bitcoin to be used as a legal payment tool globally because it is very difficult to happen.


True, but that only applies to those who don't like it. If you agree with what WB said then believe me you will end up bad like his opinion on bitcoin.

I think that was before, because when bitcoin was launched, so many countries was not interested to adventure in cryptocurrency especially bitcoin because their were not informed and them don't really know the important of it and advantages of it, but currently many countries has adopted the use of bitcoin  because of it's methods of transaction.



 
The reason Warren Buffet" said negative thing about bitcoin them is because he was myopic towards features of BTC and his objective is to bring bitcoin down btc its circulating all over the word, If I may ask,does he has any tangible reason before predicting negativity of bitcoin and what are his major points of views before making such comments.

It can be said that Bitcoin has many opponents and governments do not know whether to use it or not.
There are also reports from various countries that use bitcoin for shops, ATMs, buses, etc.
And I think this is a good place to start.

This just sounds like a really weak attempt at trolling. If you don't want Bitcoin because it's not approved by government or Warren Buffet, then Bitcoin is not for you. Bitcoin was created to give people control over their money, that should be enough reason to use it if you find this feature appealing.

it is legal here in my country, Indonesia. yes, it's approved by the government.
however, it was approved as a commodity. it's regulated and legal to trade bitcoin here.
just like any other country.

but, if you mean bitcoin as a medium of payment, it's strictly forbidden here.
but since it decentralized and has a strong privacy point, people still used it as a medium of payment illegally, OTC.
I believe it happens in other countries as well.

Bitcoin is not someone's father's personal Visa that needs approval from countries. It can freely be transferred (with a nominal fee) to any place without any boundaries and intermediaries involved. What kind of approval do you need more than this? There are countries where the state of crypto is still unclear but a few countries have already welcomed crypto and started accepting it.


And I think we should not give his words too much credibility here. If you are a blind follower of him, why are you worried about Bitcoin?

My country has finally legitimized Bitcoin in March 2020, that's when I come to know about Bitcoin cuz I heard about it on my countries mainstream media.
In march 2020 Govt. here welcomed others to invest on any crypto exchange-platform be it physical or virtual, and also Banks here are buying Bitcoin .. to what extent of money/capital I don't know but that's sure they are buying it, I've heard about it from some friends of mine that work on various banks.

How can you say no countries approved bitcoin yet? I know that many merchants are accepting bitcoin for payment legally in many countries. Last year when I visited Saudi Arabia I saw many bitcoin atm. If the government didn't approved how they are using the bitcoin atm? I think you should do some research before posting anything here. It will save both of ours time.

I hope not because if the OP is really a new user who comes here then this topic is his first writing about bitcoin because the rest is submitting authentication on the bounty thread. Although in my opinion the OP is not a new member in crypto but I will still consider him as a member who does not have much knowledge about bitcoin based on his posting history. But if it's a troll experiment then there's no point in feeding it. Because trolls should be left alone without having to be served and that is a way to weaken them.

The launch date is a blunder and you are quoting an old man who made his money hedging funds and what are you expecting in a decentralized currency, each and every government approving a decentralized currency. It is your choice whether you wanted to invest in it or not and if you are not interested in the market you can leave it alone. The technical aspects is well documented and if there is any asset that gave its investors the profit in the last 10 years it is bitcoin and nothing else.