Bitcoin will be legally accepted in every country in the next 10 years? - page 5.

Vishnu.Reang

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Quote from: Viscore on June 21, 2019, 06:18:20 PM

Quote from: hahahafr on June 21, 2019, 04:42:44 PM

I think it's too early to predict the exact time when bitcoin would be legally accepted in every part of the world. The adoption is increasing gradually off late and i kind of side with you that bitcoin maybe accepted but most of the altcoins would not be accepted globally.

Yes. Bitcoin has gained the trust of majority so it's really possible that in 10 years or below, bitcoin will be soon accepted and adopted as a currency in every country. For now, it might be too early to say about this but if bitcoin won't stop being famous, then it will really make it in the end.

It can become really popular, but that doesn't guarantee that Bitcoin will be accepted as a currency in most of the world nations. The fundamental problem is that since it is protected against inflation, Bitcoin puts the national currencies at a disadvantage if a level playing field is given. And this is especially true with manipulated national currencies such as the CNY and RUR. In such cases, it will be suicidal for the governments to permit such a scenario.

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Quote from: hahahafr on June 21, 2019, 04:42:44 PM

I think it's too early to predict the exact time when bitcoin would be legally accepted in every part of the world. The adoption is increasing gradually off late and i kind of side with you that bitcoin maybe accepted but most of the altcoins would not be accepted globally.

Yes. Bitcoin has gained the trust of majority so it's really possible that in 10 years or below, bitcoin will be soon accepted and adopted as a currency in every country. For now, it might be too early to say about this but if bitcoin won't stop being famous, then it will really make it in the end.

hahahafr

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I think it's too early to predict the exact time when bitcoin would be legally accepted in every part of the world. The adoption is increasing gradually off late and i kind of side with you that bitcoin maybe accepted but most of the altcoins would not be accepted globally.

localcrypto

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Bitcoin acceptance is increasing all over the world once bitcoin pump 1000 dollars in just one day then bitcoin popularity gain momentum by next bull run we can expect more adoption and more social acceptance of bitcoin

MIner1448

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this of course would be an ideal scenario for bitcoin in the future in the next 10 years, but as history shows, most countries want a controlled turnover of money and bitcoin will not be an exception, but still I think this sooner or later we will come.

Kocret02

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Quote from: BL46K 7193R on June 07, 2019, 01:45:43 PM

Do you think Bitcoin will be legally accepted in every country in the next 10 years? But I think that Bitcoin will be legally accepted in all the countries within the next 10 years. Not sure about the other crypto coins, but everyone has confidence in Bitcoin, so it can be said that Bitcoin will be fully validated in all countries. Bitcoin's popularity and popularity have increased day by day.
The government of many countries are now thinking about the bitcoin. That day is not far away when Bitcoin will be legally acceptable in all countries.

in the next 10 years if bitcoin still exists I think this will be one of the cryptocurrency currencies that are accepted in all countries. now bitcoin is being studied in many countries and bitcoin will still continue to be endeavored to be able to decorate the transaction system in various countries

geegaw

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Quote from: Fredomago on June 21, 2019, 07:20:22 AM

Quote from: Hypnosis00 on June 21, 2019, 03:40:16 AM

I believe cryptocurrency have it's continuous journey, it probably 10 years is long enough before people will know about crypto. With that long gap, I may think that crypto will be legally consider as a currency. It only may encounter some problems in the area where internet isn't available but to those who have a static internet connection will probably be accepting it.

10 years is long enough to consider as many adoptions are now being showed around the globe, bitcoin will get more interest from many people that
will understand the very benefits of this industry, if they will discover the opportunities they will surely accept and use this system.

10 years is really a long enough period for the popularity of bitcoin to spread to the entire world, and exactly as you say, more people can realize the potential and opportunities in using this system but in the process of using and searching for bitcoin's value, the chances of bitcoin being legally accepted will be very low. Bitcoin holders are probably very comfortable getting interesting features from bitcoin while the government will have the opposite feeling, it does not belong to their control, the scope of acceptance in every country will be impossible

Fredomago

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Quote from: Hypnosis00 on June 21, 2019, 03:40:16 AM

I believe cryptocurrency have it's continuous journey, it probably 10 years is long enough before people will know about crypto. With that long gap, I may think that crypto will be legally consider as a currency. It only may encounter some problems in the area where internet isn't available but to those who have a static internet connection will probably be accepting it.

10 years is long enough to consider as many adoptions are now being showed around the globe, bitcoin will get more interest from many people that
will understand the very benefits of this industry, if they will discover the opportunities they will surely accept and use this system.

FlightyPouch

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Quote from: Austin_Lord on June 21, 2019, 05:22:56 AM

Well i am quite positive about bitcoin.. yeah i am sure that in next 10 year, bitcoin will be legally accepted in every country.. and people will earn more and more through bitcoin..

We don't know about that. There are a lot of people speculating or stating that Bitcoin will not be a thing in the future, at first I am not looking at it seriously since there are a lot of supporters of Bitcoin but now, there are a lot of reasons that this might happen and it is starting with the bans that are happening. I hope Bitcoin won't be destroyed like that.

Ris88

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Quote from: MFahad on June 21, 2019, 06:30:54 AM

Quote from: BL46K 7193R on June 07, 2019, 01:45:43 PM

Do you think Bitcoin will be legally accepted in every country in the next 10 years? But I think that Bitcoin will be legally accepted in all the countries within the next 10 years. Not sure about the other crypto coins, but everyone has confidence in Bitcoin, so it can be said that Bitcoin will be fully validated in all countries. Bitcoin's popularity and popularity have increased day by day.
The government of many countries are now thinking about the bitcoin. That day is not far away when Bitcoin will be legally acceptable in all countries.

Well, now bitcoin already spend 10 years or may be more, but still the situation is not going too good, but may be more than 10 years the governments who don't agree on it to accept bitcoin legally.
But in my opinion, it is hard because in the coming years definitely bitcoin price will be high more and more, now most of the governments are not accepting bitcoin then in that time when bitcoin will be out of control then how could governments legalistic it.

In my opinion, it doesn't have to wait for the next 10 years to see the development of bitcoin in every country, indeed it doesn't feel that bitcoin has been running for 10 years, but many countries that until now have not legalized bitcoin, it is very difficult for our government to legalize bitcoin as the second currency, but with the news now, about big businesses like Facebook and Samsung who are planning to make a breakthrough, it makes Libra coins and will be followed up with a Samsung business that will make Cryptocurrency coins, and it is impossible if a large company doesn't follow in the footsteps Facebook and Samsung, most likely it will be seen in 2020/2021 ..

MFahad

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Quote from: BL46K 7193R on June 07, 2019, 01:45:43 PM

Do you think Bitcoin will be legally accepted in every country in the next 10 years? But I think that Bitcoin will be legally accepted in all the countries within the next 10 years. Not sure about the other crypto coins, but everyone has confidence in Bitcoin, so it can be said that Bitcoin will be fully validated in all countries. Bitcoin's popularity and popularity have increased day by day.
The government of many countries are now thinking about the bitcoin. That day is not far away when Bitcoin will be legally acceptable in all countries.

Well, now bitcoin already spend 10 years or may be more, but still the situation is not going too good, but may be more than 10 years the governments who don't agree on it to accept bitcoin legally.
But in my opinion, it is hard because in the coming years definitely bitcoin price will be high more and more, now most of the governments are not accepting bitcoin then in that time when bitcoin will be out of control then how could governments legalistic it.

Austin_Lord

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Quote from: Bunsomjelican on June 17, 2019, 08:53:45 AM

Quote from: BL46K 7193R on June 07, 2019, 01:45:43 PM

Do you think Bitcoin will be legally accepted in every country in the next 10 years? But I think that Bitcoin will be legally accepted in all the countries within the next 10 years. Not sure about the other crypto coins, but everyone has confidence in Bitcoin, so it can be said that Bitcoin will be fully validated in all countries. Bitcoin's popularity and popularity have increased day by day.
The government of many countries are now thinking about the bitcoin. That day is not far away when Bitcoin will be legally acceptable in all countries.

at any moment bitcoin could really become acceptable as mode of payment someday. We just don't know when will that happen because the market was so unpredictable. But many of the communities in the entire world now believed that would happen.

Yes we just predict about bitcoin.. bitcoin price gradually change as time passes...

Austin_Lord

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Well i am quite positive about bitcoin.. yeah i am sure that in next 10 year, bitcoin will be legally accepted in every country.. and people will earn more and more through bitcoin..

Hypnosis00

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I believe cryptocurrency have it's continuous journey, it probably 10 years is long enough before people will know about crypto. With that long gap, I may think that crypto will be legally consider as a currency. It only may encounter some problems in the area where internet isn't available but to those who have a static internet connection will probably be accepting it.

idham29

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Quote from: phamminhtan on June 17, 2019, 02:22:19 AM

I'm not sure that within 10 years bitcoin will be accepted in every country, but I can be sure that it will probably be accepted in 10-20 countries, this is my guess.

I estimate that bitcoin for the next 10 years can be accepted by many countries, but not as a means of payment. Bitcoin can be traded as an investment tool where the state can monitor to reduce negative impacts.
Like in my country, bitcoin is prohibited as a payment tool, but bitcoin is not prohibited as a futures investment, so bitcoin investors can still enjoy trading comfortably and safely because they do not violate the law.

cabron

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I might not live this long. I can not wait that long anymore it has to be 3 years. If its true that facebook will release their own coin, then it will fast track the adoption that will make bitcoin be accepted anywhere. Most people by 2020 will already have phones at least those who live where technology can reach. Phones are the ones going to also help the adoption, Samsung has already a built in wallet for every phone and at the same time facebook app is in every phone too. What will stop adoption?

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Quote from: Nnuego on June 17, 2019, 03:46:25 AM

For sure it will. Bitcoin has come to stay for good and the popularity is spreading periodically all over the continents. Some countries now are beginning to adopt bitcoin as part of their major transactions. I strongly believe in the next few years will be the main source of peoples income and it will be tradable all over the world

I haven't seen any country that adopt bitcoin as part of their major transactions though, even US only recognize bitcoin as digital assets/property and not a currency. maybe adopting blockchain is more common and does make more sense if used to make transactions efficient but adopting bitcoin for that kind of thing for the government's need, never heard of that.

Sithara007

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If the major economies legalize Bitcoin, then it will be automatically made legal in the vast majority of the world nations. Already Bitcoins are legal in countries such as United States, Germany, Great Britain and Japan. A similar legalization in other super-powers such as Russia, China, South Korea.etc can be the game changer.

sysoe

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The way it is growing and how people are accepting it for payments and purchased worldwide, governments will also realise its benefits and make it legal.

Bunsomjelican

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Quote from: BL46K 7193R on June 07, 2019, 01:45:43 PM

Do you think Bitcoin will be legally accepted in every country in the next 10 years? But I think that Bitcoin will be legally accepted in all the countries within the next 10 years. Not sure about the other crypto coins, but everyone has confidence in Bitcoin, so it can be said that Bitcoin will be fully validated in all countries. Bitcoin's popularity and popularity have increased day by day.
The government of many countries are now thinking about the bitcoin. That day is not far away when Bitcoin will be legally acceptable in all countries.

at any moment bitcoin could really become acceptable as mode of payment someday. We just don't know when will that happen because the market was so unpredictable. But many of the communities in the entire world now believed that would happen.

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