Bitcoin and cryptocurrency, between legal and illegal in the world? - page 3.

setialovers

member

Activity: 812

Merit: 11

Quote from: stewert on July 11, 2018, 04:27:09 AM

The development of cryptocurrency is better from time to time. In many countries, many have inaugurated crypto currency as a legitimate paying tool. Although there are also countries that openly banned cryptocurrency. This becomes very interesting to be listened to by us. Then, personally, I want to know what you think of all that? Will at any time cryptocurrency be a legal and legal world currency in all countries? Or perhaps during that time, cryptocurrency is strictly prohibited in all countries of the world?

I am believe most country in the world will regulate cryptocurrency in their country. Cryptocurrency is new bussiness model in digital world right now and government must be following technology advance. Government will regulate cryptocurrency because when crypto growing bigger, government have benefits with more taxes for their budget

speedy963

sr. member

Activity: 631

Merit: 253

Quote from: stayeduptolate on July 23, 2018, 02:13:11 AM

Quote from: stewert on July 11, 2018, 04:27:09 AM

The development of cryptocurrency is better from time to time. In many countries, many have inaugurated crypto currency as a legitimate paying tool. Although there are also countries that openly banned cryptocurrency. This becomes very interesting to be listened to by us. Then, personally, I want to know what you think of all that? Will at any time cryptocurrency be a legal and legal world currency in all countries? Or perhaps during that time, cryptocurrency is strictly prohibited in all countries of the world?

We all know that all the crypto currencies available in the market are decentralised one as there is no such authentic regulating body who can keep eye over all the transactions and activities taking place with crypto currencies so the topic of your discussion is very much correct that crypto is between being legal and illegal, as with time countries accepting the fate and potential of bitcoin, they are legalising it and those who are afraid of illegal use of bitcoin has banned crypto currencies from their nation.

so in some instances it is considered and belonged to neutral cases. There are also several countries that arr still not accepting bitcoin and only few are legalizing the usage of crypto in their economy. Here in our country too, it doesn't give much impact about crypto but plenty are longing that it will be legalized and fully accepted soon.

stayeduptolate

hero member

Activity: 980

Merit: 502

Quote from: stewert on July 11, 2018, 04:27:09 AM

The development of cryptocurrency is better from time to time. In many countries, many have inaugurated crypto currency as a legitimate paying tool. Although there are also countries that openly banned cryptocurrency. This becomes very interesting to be listened to by us. Then, personally, I want to know what you think of all that? Will at any time cryptocurrency be a legal and legal world currency in all countries? Or perhaps during that time, cryptocurrency is strictly prohibited in all countries of the world?

We all know that all the crypto currencies available in the market are decentralised one as there is no such authentic regulating body who can keep eye over all the transactions and activities taking place with crypto currencies so the topic of your discussion is very much correct that crypto is between being legal and illegal, as with time countries accepting the fate and potential of bitcoin, they are legalising it and those who are afraid of illegal use of bitcoin has banned crypto currencies from their nation.

tanjiran

full member

Activity: 770

Merit: 113

Most governments recognize the potential of bitcoin as a highly profitable financial technology. However, since there is no official administrator, the government is worried about bitcoin being misused for crimes. So the government provides restrictions, most prohibit the use of bitcoin as a payment system in the country. In addition, most governments also warn that bitcoin is a high-risk investment. Well, as a good society we have to obey the rules of government then we must understand and learn the status of bitcoin law in our country well.

Darz299

newbie

Activity: 140

Merit: 0

,the government in the country considers bitcoin and cryptocurrency is illegal,because it's existence has not been recognized by the government in that country. But there are also some countries that accept it as a tool of legitimate transaction.I think as the are and the development of technology the world of bitcoin and cryptocurrency will be acceptable to the countries of the world,albeit with the terms and conditions established by government in those countries.

wall101

member

Activity: 560

Merit: 10

They banned it because they have no control over it . but i think in the future more and more countries will legalize it they'll understand someday

chaoscoinz

sr. member

Activity: 1150

Merit: 260

☆Gaget-Pack☆

Quote from: stewert on July 11, 2018, 04:27:09 AM

The development of cryptocurrency is better from time to time. In many countries, many have inaugurated crypto currency as a legitimate paying tool. Although there are also countries that openly banned cryptocurrency. This becomes very interesting to be listened to by us. Then, personally, I want to know what you think of all that? Will at any time cryptocurrency be a legal and legal world currency in all countries? Or perhaps during that time, cryptocurrency is strictly prohibited in all countries of the world?

Sure, in the spirit of optimism, we can only hope the current situation that Bitcoin faces is a temporary one, that may be apart of its growing pangs. With any innovation, the consequences must be weighed and measured scientifically, with those outcomes affecting the foundation of the scene itself. Regulators are passing judgement and the market is lookin a bit shaken up.
Sometimes we have to destroy just to rebuild again. If Bitcoin isn't dead after all the regulation, one would like to thank it may only grow stronger, however, only time will tell.

CCF_news

newbie

Activity: 88

Merit: 0

I think that it is not very profitable for the official authorities. But banning it is not so easy, because many people already understand that the future will be resisted.

Prince Malik

member

Activity: 924

Merit: 12

Quote from: jrrsparkles on July 11, 2018, 04:36:47 AM

Quote from: stewert on July 11, 2018, 04:27:09 AM

The development of cryptocurrency is better from time to time. In many countries, many have inaugurated crypto currency as a legitimate paying tool. Although there are also countries that openly banned cryptocurrency. This becomes very interesting to be listened to by us. Then, personally, I want to know what you think of all that? Will at any time cryptocurrency be a legal and legal world currency in all countries? Or perhaps during that time, cryptocurrency is strictly prohibited in all countries of the world?

Crypto currencies have been banned by some countries and many countries have regulations to use them and many don't have any laws for using them which doesn't means that is illegal in that country.It depends on each countries and the people who is just ruling the countries maybe the ban can be uplifted in the upcoming years like south Korea did.

I don't think that there is governments will punish you if you use bitcoin...i think the ban is mean that you can't use bitcoin as a method of payment in the country or i'am wrong??

r32godzilla

hero member

Activity: 1361

Merit: 506

Actually many countries earlier took a strong stand against crypto currencies.But later,many of those countries started to realise its true potential and as a new source of taxing opportunity.So they have gradually started to legalize cryptos.

aryaadikariyansyahsuwarto

full member

Activity: 714

Merit: 101

This Is Promissing Project

there are countries that legalize, and there is also a ban .. and my advice, we as bitcoin hunters should be wise in using bitcoin, so it brings a positive impact and eventually bitcoin can run in any country .. !!

Zainal-baguz

jr. member

Activity: 175

Merit: 1

if I think it's official or not according to the government is not important gan. the important thing is not to let the government prohibit people from investing in bitcoin. but in Indonesia although still illegal the government also does not prohibit
which is important not to use to transact real trading in the real world like paper currency.

Yazrielle

member

Activity: 110

Merit: 10

They will not facilitate any transaction for it. For individuals, it is neither legal nor illegal and they can hold cryptocurrencies at their own risk. National Assembly of Pakistan can pass law to declare bitcoin legal or illegal in Pakistan, but there is no such news from National Assembly yet.

Sampson7

newbie

Activity: 196

Merit: 0

lamentably numerous nations are currently restricted cryptocurrency,they are thinking about crypto as illicit in light of the fact that the administration doesn't have control over it yet there is nothing unlawful about it , it's convention are exceptionally fundamental, in excess of 20 nations has permitted it there must be something gainful about it and it will advance more later on.

shampapk1988

newbie

Activity: 210

Merit: 0

That's an interesting post. Currently cryptocurrency is all about getting recognised as legal and also getting banned here and there. I think, countries will be needing cryptocurrency to develop, so there would be a time when every country will recognise cryptocurrency.

bitlind

member

Activity: 252

Merit: 10

Quote from: stewert on July 11, 2018, 04:27:09 AM

The development of cryptocurrency is better from time to time. In many countries, many have inaugurated crypto currency as a legitimate paying tool. Although there are also countries that openly banned cryptocurrency. This becomes very interesting to be listened to by us. Then, personally, I want to know what you think of all that? Will at any time cryptocurrency be a legal and legal world currency in all countries? Or perhaps during that time, cryptocurrency is strictly prohibited in all countries of the world?

It is so strange, when something is both allowed and forbidden in the same world, in one hemosphere. Bitcoin creates a thing, that whole world is boiling about right now, so you need to use it.

oni4an

sr. member

Activity: 658

Merit: 253

Now is an amazing time when in everyday life comes such a new, revolutionary innovation, as cryptocurrency. I think that it is impossible to hurry up with acceptance of cryptocurrency, because many already today expect from it a miracle, as a fairy unicorn. No. Let the governments in depth study cryptocurrency and make the right decision-to legalize it.

damrianto

full member

Activity: 336

Merit: 100

yes this is a very precise account for bitcoin that is Bitcoin and cryptocurrency, between legal and illegal in the world. because until now the status of bitcoin is not clear pengesahanya by government. so this is like not having the right legal entity to memeliiharanya. this may be the cause of the hackers are nested in bitcoin

Vanester2014

member

Activity: 236

Merit: 10

Borderless for People, Frictionless for Banks

Quote from: cryptodalton on July 12, 2018, 01:19:51 AM

In many countries people are treating crypto as illegal as government can't have direct control over it. But, it didn't stop with negativity. Now, there are more than 18 countries which have legalized crypto currency to do transaction and exchange. The number will increase more in future.

True, i think some country banned crypto currency because they cant control it in the first place and they billieve that of they cant control that currency some iligal activities will pump up. Thats why they banned crypto currency to prevent this in the future.

ubay

full member

Activity: 728

Merit: 101

Not all countries forbid the circulation of bitcoin, they only prohibit bitcoin as the official currency but not as a private asset. We just continue to support bitcoin development as much as we can, let the bad news, it will be a waste of time.

Topic: Bitcoin and cryptocurrency, between legal and illegal in the world? - page 3. (Read 685 times)