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Topic: Bitcoin and cryptocurrency, between legal and illegal in the world? - page 4. (Read 613 times)

newbie
Activity: 112
Merit: 0
Only some countries do not understand the importance of crypto currency, so they prohibit all operations.
full member
Activity: 1834
Merit: 166
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?
The cryptos have become a new issue of concern for major countries these days as popularity,scams,investments,prices all are increseing at an alarming rate for which measures need to be taken.Many countries have make regulations regarding its usage like japan and some have put a ban on its trading declaring it as illegal.Some do not have put a ban neither have made regulations for its use meaning you can work there at your own risk.So the position of cryptos is floating in between and situation is not cleared but in future they will be accepted by each one.
sr. member
Activity: 812
Merit: 250
Yes Bitcoin and cryptocurrency are illegal in the world law, because the government can not control it. But in most countries it is legitimate now. I am sure when people of the world fully understand the true meaning of Bitcoin, then it will get legal validity all over the world.
Yes you're right cryptocurrency are illegal in the world law cause it cannot control it. And some countries they can't accepted bitcoin but if they know the true meaning of bitcoin and understand truly the uses of bitcoin in there people I think bitcoin make legally accepted all over the world.
legendary
Activity: 1638
Merit: 1163
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Countries have tried to ban it but then they reverse the decision after realising that it is not possible and also a dumb idea. Blockchain is the future and they will be left behind in the new financial revolution

I don't know of any country that "tried to ban then changed their idea"!
there has been a lot of concerns about bitcoin in all the countries without exception, some people said it should be banned but that doesn't mean they tried banning bitcoin. it just means some people had the idea which was rejected by the lawmaker for many different reasons.
newbie
Activity: 39
Merit: 0
People are handling the code is illegal because the government can not control it directly. Currently, more than 18 countries have used legitimate electronic money to make transactions and exchanges.
member
Activity: 242
Merit: 10
Yes Bitcoin and cryptocurrency are illegal in the world law, because the government can not control it. But in most countries it is legitimate now. I am sure when people of the world fully understand the true meaning of Bitcoin, then it will get legal validity all over the world.
copper member
Activity: 364
Merit: 4
Countries have tried to ban it but then they reverse the decision after realising that it is not possible and also a dumb idea. Blockchain is the future and they will be left behind in the new financial revolution
hero member
Activity: 3024
Merit: 680
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Anytime decisions and rule implementations can change by the countries that imposed ban to crypto's.

When they see other countries has great benefit from it, they will soon learn that it can also happen and help to boost their entire country's economy.
newbie
Activity: 83
Merit: 0
The future will come where the world has totally shifted to globalization, and in that time cyrptos especially Bitcoin will be widely used and legalized by all countries.And with this the use of cryptos illegally will be reduced as there will be laws already.
sr. member
Activity: 728
Merit: 275
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 know that many people consider that Bitcoin and other cryptocurrencies can be used for illegal activities like drugs and weapon dealing, terrorism activities, money laundering, etc. but I guess that depends on a person. A criminal who has that negative mentality is bound to do such illegal acts either with or without crypto currencies. If cryptocurrencies had not been there, that person will find some another way of doing that. So it depends on person.
hero member
Activity: 1974
Merit: 502
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I think that the crypto currency will not be banned, since the state can not fight it. Most likely, some laws on crypto currency will be adopted, after which it will be legalized in all countries of the world.
Yes, I also think that the government is unlikely to continue to ban Bitcoin in the future. They may issue laws related to Bitcoin and cryptocurrency. I think Bitcoin will one day become legalised all over the world

The system at this moment currently operating at different sides of the world. There's a division between the parts of the world because some countries has already accepted it but others has not. Well for the good cause let's all hope that all over the world the system that we're using be already accepted and get legal.
sr. member
Activity: 812
Merit: 250
I think that the crypto currency will not be banned, since the state can not fight it. Most likely, some laws on crypto currency will be adopted, after which it will be legalized in all countries of the world.
Yes, I also think that the government is unlikely to continue to ban Bitcoin in the future. They may issue laws related to Bitcoin and cryptocurrency. I think Bitcoin will one day become legalised all over the world

At this moment the system is living in a world where some part are legal and others are illegal. There are already countries that accepts the use of the system but some other countries hasn't learned to accept it yet. The system is operating at different way in the same world and and I hope time will come that it willis be legal all over the world.
member
Activity: 364
Merit: 16
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It’s funny how many people want bitcoin to become mainstream but doesn’t want cryptocurrency regulated. And why the hatred towards governments?  Undecided
legendary
Activity: 2520
Merit: 2853
Top Crypto Casino
One day, cryptocurrencies will be used legally without restrictions.
The need for cryptos services will force governments to accept and legalize their use.
It may need some time before seeing this happening.
jr. member
Activity: 406
Merit: 5
I think bitcoin and cryptocurrency will not be banned in the future.because of its wide popularity and circulation in different countries of the world. if this currency had a detrimental effect on the economy, it would have been closed long ago.the countries which have not yet validated the benefits of the cryptocurrency will be valid in phases.expanding business promotion will increase the crypto currency much as it spreads and validity can be found.
member
Activity: 308
Merit: 11
Bitcoin may become a form of universal currency but will never replace fiat because governments wont relinquish control of monetary policy or supply and most people have no idea about crypto.
legendary
Activity: 1274
Merit: 1004
Cryptocurrencies have to face a lot more than this. But it's good as Bitcoin and all the others altcoin and much more beneficial and safer to use than those physical currencies which are basically simple paper and those are treated as gold, banking sectors and government use that to enslave us and keep under the control and whenever they want they can print that money and decrease the value and we have to face those difficulties.
newbie
Activity: 112
Merit: 0
I don't think that the restriction over the crypto will be so long. The world is developing day by day. And with the part of development, most of the countries will accept crypto as payment tool and investment tool in coming days.
member
Activity: 163
Merit: 10
I think that there are a lot of countries that just want to see it being illegal so it can not stop their government taxes anymore, but i think that it can take some time until we see it legal worldwide, or maybe it will never happen because of the united states
jr. member
Activity: 185
Merit: 5
Other countries banning crypto because of possible money laundering and purchasing of illegal drugs online. The government is so scared of the potential of the crypto that can be used in a bad way like funding terrorists without any trace. Maybe few years from now, those countries who banned crypto will realized that the blockchain technology has still so much to offer. We will just wait and see what the future may bring when it comes to the development and adoption of crypto worldwide.
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