Topic: And now Vietnam to legalize Bitcoin - page 7. (Read 2789 times)
I heard about it in news recently. Vietnam has been facing financial issues, so now the public has started to use Bitcoin as a currency.good for the community
Earlier vietnam was very skeptical about bitcoin just like China and Russia.But now,it has changed its stand and has decided to legalize bitcoin.It is said that new regulations would be implemented by the year end.
www.zerohedge.com/news/2017-08-26/vietnam-plans-legalize-bitcoin-2018
www.zerohedge.com/news/2017-08-26/vietnam-plans-legalize-bitcoin-2018
This is another great news coming at this time to even settle the dust for a while by giving us something to rejoice over in the face of all this difficulty around here and confusion generally in the crypto world. I am hopeful that other countries can follow suit so that we will all rejoice at the end of the day.
This is what I don't understand with governments. There is a lot of cash to grab from Bitcoin, so why not accept it? Especially when a lot of them are claiming they don't have enough money and need to reduce budget for education and others or need to invent some new taxes which are sometimes just funny. Or worst, giving advantages to the big firms so they pay less but the population pay more...and get less...
Because they don't know Bitcoin and also because they are scared from something that can't be controlled.
But more countries will accept and more countries will follow... good job Vietnam!
China is very skeptical about bitcoin and I wonder how China let Vietnam to legalize bitcoin. This is interesting. I don't think this will bring a momentum to bitcoin price, because Vietnam is not an influential country such as Japan or Chinese. But this is positve for bitcoin adoption anyways.
Vietnam cannot be compared to China and Russia in terms of influence and power, much less economy. But in terms of their socialist leanings, Vietnam, Russia, and Vietnam are basically similar. I hope this move will be a model for other countries that are still in dilemma as to whether to open their doors to bitcoin or not. Opening up for Bitcoin is like opening to the world of possibilities.
Is Russia anti-Bitcoin? I thought they were encouraging mining to utilise the cheap electricity that they have there.
Russia was never "anti-Bitcoin". they have always looked at it wrong and wanted to make it illegal but never did. until this year when Japan legalized bitcoin, they changed their stance and officially said we have no issue with bitcoin.
i believe it was their head of central bank who said "...bitcoin can be traced..." and put all their concerns about illegal activity to rest.
Is Russia anti-Bitcoin? I thought they were encouraging mining to utilise the cheap electricity that they have there.
This is what I don't understand with governments. There is a lot of cash to grab from Bitcoin, so why not accept it? Especially when a lot of them are claiming they don't have enough money and need to reduce budget for education and others or need to invent some new taxes which are sometimes just funny. Or worst, giving advantages to the big firms so they pay less but the population pay more...and get less...
China is very skeptical about bitcoin and I wonder how China let Vietnam to legalize bitcoin. This is interesting. I don't think this will bring a momentum to bitcoin price, because Vietnam is not an influential country such as Japan or Chinese. But this is positve for bitcoin adoption anyways.
Earlier vietnam was very skeptical about bitcoin just like China and Russia.But now,it has changed its stand and has decided to legalize bitcoin.It is said that new regulations would be implemented by the year end.
www.zerohedge.com/news/2017-08-26/vietnam-plans-legalize-bitcoin-2018
www.zerohedge.com/news/2017-08-26/vietnam-plans-legalize-bitcoin-2018
I saw this yesterday on MadBitcoin's show on the World Crypto Network which I recommend btw:
https://www.youtube.com/watch?v=LtGJBjGQXq4
It's a good way to keep up with everything relevant that happens on a daily basis without having to read anything. I like to watch these videos while I do other things like a radio program.
As far as Vietnam accepting bitcoin goes.. well the more acceptance the better, we'll see what impact it has on the market.
I do not like Thomas's tone of speech. He should just talk without any antics. Yes, it is very informative... but I fall asleep
after the first 10 minutes. I hope Vietnam will follow the same route as Japan... just leave the damn thing to grow on it's
own and welcome the extra tax income that are being generated from this. {Bitcoin tourist income}
Earlier vietnam was very skeptical about bitcoin just like China and Russia.But now,it has changed its stand and has decided to legalize bitcoin.It is said that new regulations would be implemented by the year end.
www.zerohedge.com/news/2017-08-26/vietnam-plans-legalize-bitcoin-2018
www.zerohedge.com/news/2017-08-26/vietnam-plans-legalize-bitcoin-2018
I saw this yesterday on MadBitcoin's show on the World Crypto Network which I recommend btw:
https://www.youtube.com/watch?v=LtGJBjGQXq4
It's a good way to keep up with everything relevant that happens on a daily basis without having to read anything. I like to watch these videos while I do other things like a radio program.
As far as Vietnam accepting bitcoin goes.. well the more acceptance the better, we'll see what impact it has on the market.
Earlier vietnam was very skeptical about bitcoin just like China and Russia.But now,it has changed its stand and has decided to legalize bitcoin.It is said that new regulations would be implemented by the year end.
www.zerohedge.com/news/2017-08-26/vietnam-plans-legalize-bitcoin-2018
www.zerohedge.com/news/2017-08-26/vietnam-plans-legalize-bitcoin-2018
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