Many countries think that Bitcoin is harmful for their country. They think that Bitcoin will create inflation in their country. But is that right? Will Bitcoin never get all the legitimacy?
No doubt bitcoin can lead to inflation in a country particularly when it is overvalued and much of them are in the hand of the populace of a country, but its advantage is far higher than ist disadvantage 
Topic: Bitcoin will get legitimacy in all countries? - page 10. (Read 2868 times)
It is great if national governments accept bitcoins as well as they allow bitcoin to operate and circulate as national currencies, you can trade it anywhere anytime it is legalized.
No, it will not become legal all over the world. Some countries have already mentioned that they are completely against bitcoins and have make it illegal.
This is all what we want to legalized bitcoin in whole world.and the government accept bitcoin to help people. we only few country accept bitcoin and other country like in myvcountry not yet accept and legalized bitcoin. Because lot of scam also that connecting the name of bitcoin thats why they warm us here not to invest in bitcoin without knowledge about it.negative news affect the name of bitcoin in one country.
Bitcoin will get legitimacy only if it will not interfere with goverment.
Once the government will feel any threat to itself, bitcoin will also be banned, regardless it will be legalized before or not
The government is the ones that interfere with the bitcoin. Bitcoin is the most trusted and popular among all coins. And because of that government scared of its popularity and they think that bitcoin might be their great competitor in the near future, and another reason is they cant control it so that they want to destroyed it. Bitcoin is impossible to be legalized in all countries, because of it is decentralized. If you want to make bitcoin legalize, you need to make it centralized. But that thing is also impossible to happen. Once the government will feel any threat to itself, bitcoin will also be banned, regardless it will be legalized before or not
Crypto market exists only 8 years! and we are at the very beginning of development and the way of development of the crypto market! I am sure that the bitcoin and the entire crypto market will have an official status in every country! Those people and countries that spoke ill of bitcoin, have now changed their minds about bitcoin! Soros now began investing in bitcoin, and last year he spoke very badly of bitcoin! on need 10 years, and we will see very strong global changes! the entire system has already given a strong impetus to the development of the entire world economy!
Bitcoin will get legitimacy only if it will not interfere with goverment.
Once the government will feel any threat to itself, bitcoin will also be banned, regardless it will be legalized before or not
Once the government will feel any threat to itself, bitcoin will also be banned, regardless it will be legalized before or not
I don't think bitcoin will get legitimacy in all countries. Remember that there are countries that have already banned it to their place though we may not be sure if it will be banned forever but I still think that it will be impossible to get accepted around the world. I think its not only about the government who judges and accepts or bans bitcoin but also the progress of technology in each countries could also affect the legalization of bitcoin.
The problem is the lack of regulation. For us, this is a big advantage. Dal government is a huge sample because they do not affect BTC. Therefore, it will never be an official means of detention. Many countries think that Bitcoin is harmful for their country. They think that Bitcoin will create inflation in their country. But is that right? Will Bitcoin never get all the legitimacy?
Many countries banned bitcoin and there is some countries accept bitcoin. Some government see bitcoin as negative and some government see bitcoin as positive. Government who think or say that bitcoin is negative thing, because they think that if they accept bitcoin sooner or later their plan or system will not be supported by the people. If many people use bitcoin, where will the government take or get funds or money for their project ? They need tax to do their projects or activities, and we all know that bitcoin is tax free. And some government who accepted bitcoin (that is a good thing) have rules in using it. So that they can manage their people on how to use bitcoin.
I don't think bitcoin will get legitimacy in all countries. Remember that there are countries that have already banned it to their place though we may not be sure if it will be banned forever but I still think that it will be impossible to get accepted around the world. I think its not only about the government who judges and accepts or bans bitcoin but also the progress of technology in each countries could also affect the legalization of bitcoin.
Many countries think that Bitcoin is harmful for their country. They think that Bitcoin will create inflation in their country. But is that right? Will Bitcoin never get all the legitimacy?
We are not yet sure with this. Though many countries do accept them, but on the other side, some countries do not as well. Well it is risky to let your country be influenced by cryptocurrencies not just the bitcoin. Countries are scared to become under it because they feel that some of their system may become useless after several months of being influenced by it. They need to think of the risks that it may cause because as you mentioned, it is harmful because it is risky. Fall of individual may come to fall of the country itself.
well i think bitcoin will never be legal in any countries at all. The nature of Bitcoin makes it difficult to regulate and control the transactions that is being made. Bitcoin doesn't have anything backing it and the country cannot take any responsibility for the volatility of the coin and especially the poor and developing ones because their leaders fear that they would likely lose control of the people and they will lose it anyway, because Bitcoin is here to stay and instead of being harmful to any country and Presently as many nations are already accepting and have also accepted, in the coming days we will only see more and more global acceptance
Many countries think that Bitcoin is harmful for their country. They think that Bitcoin will create inflation in their country. But is that right? Will Bitcoin never get all the legitimacy?
I think bitcoin may possibly get legitimacy at all country but it would take a long time since it was currently banned already on some countries. If only bitcoin would clear its name and show all the countries of the world that it does not pose any threat, maybe we will sooner get bitcoin legitimate all over the world. I know the US has a lot of strict regulations on platforms and coins, it's a new territory we're all trying to understand what, if anything, should be regulated. HBUS is a pretty cool new marketplace, they're even registered with FinCen (hbus.com) so I think that's a pretty good start.
I think with decreasing demand for goods and services will decrease eventually this step will be deflation rather than inflation;
Hopefully the concept is clear on
over the statements given on the basis that most people in most countries buy as an investment instrument rather than as a currency to buy goods and services.
Bitcoin will not be a source of rising inflation. Because if fellow countrymen want to buy bitcoin; they have to pay fiat currency for their money. Thus the fiat currency will be pushed out of the circulation. So there will be a shortage of currency.
The final effect of the currency decline will diminish the purchasing power of the people in the country.
Yes, I think he will take his purpose. I have always believed in him and will believe. One of the best crypto that I know. You can rely on her.
Many countries think that Bitcoin is harmful for their country. They think that Bitcoin will create inflation in their country. But is that right? Will Bitcoin never get all the legitimacy?
In this current situation, these countries does not allowed Bitcoin due to its unique value that they can rely to improve their country. Yes, the legality of Bitcoin cannot easily acquired as a beginner and doesn't known the market rules.
I think bitcoin will get legitimacy in all countries.Because, the use of bitcoin will increase day by day.Many people are investing bitcoin.Many people choose bitcoin as their main occupation.Bitcoin is also something that has a huge impact on the economy.So, I think bitcoin will declare all countries as legitimate.
I'm sure that there must be a rigid state that will not accept any bitcoin reason. I think that the country is not ready with the presence of increasingly advanced technology. I appreciate that all countries are free to make their own choices and make policies according to their rights. A country that is afraid of bitcoin will damage its country's economic system and worry that bitcoin will cause inflation so I think that the country still has a weak control system. I see countries that provide legal status to bitcoin for payment instruments so they also set up a good control strategy.
Many countries think that Bitcoin is harmful for their country. They think that Bitcoin will create inflation in their country. But is that right? Will Bitcoin never get all the legitimacy?
I know some country legalized bitcoin and they using it a payment. Some of that countries knows that bitcoin is very legit and profitable thats why government legalize it fast
I don't think that Bitcoin will get legitimacy from all the countries iin the world. There will always be countries whcih will be wary of Bitcoin. Some third world countries will also lack the necessary infrastructure to give legitimacy to Bitcoin.
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