Topic: Bitcoin will get legitimacy in all countries? - page 12. (Read 2895 times)
Bitcoin getting the approval and legalization to be used as an accepted mode of making transactions in all countries is a far fetched idea even though that is what the entire crypto community anticipates to happen. But the thing with the legalization of bitcoin in all countries depends on the country's view about the blockchian technology and bitcoin in general. Some countries are embracing whiles others are kicking against it. Whatever happens we hope that the few countries that accept it prosper with it.
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 in the future bitcoin will get the legitimacy in all countries and the country who banned bitcoin they will accept it in the future. And i think itwill take time and a lot of process for bitcoin to become or to achieve legitimacy in all country.
It will be hard for bitcoin to be legalized in all countries, because Bitcoin is hard to control so I think many countries are still not open for it to be legitimate. Therefore, we need to have patience and not expect rapid results in this regard.
which I know for now there is no country that legitimizes freely doing activities, some even try to legitimize but then prohibit buying and selling with bitcoin, but we hope in the future will be able to perform activities freely
Whether Bitcoin gets legitimacy in all countries is a lit bit hard for anyone to tell but Bitcoin blockchain technology has already achieved what Satoshi had envisioned.Furthermore, If they legalized bitcoin there is a chance that the price will increase day by day and I think it may result to a high income. If all countries start legalize bitcoin I think it is a big achievement in bitcoin community.
I think, legalized or not, bitcoin will still be used by many people. Moreover, the illegal bitcoin also does not benefit the bitcoin. Although people can not use their bitcoin in the real world at least they can still spend bitcoin in cyberspace.
Just give it more time because some countries are still studying the effects of bitcoin to their economy. Soon, in the near future bitcoin will be legitimized in all country across the world.
It would be a good time for Bitcoin to be accepted on the market where it could provide a better and faster system in transaction specifically cashless transaction on the web that could give more security and opportunities for both users and businesses.
All countries will not make it legal. This is because some countries have already declared that they are against it and it is very hard for them to change the decision.
Governments oppose Bitcoin, which is undeniable. Because bitcoin has many potential threats to their economy in many ways, Bitcoin is not legal. What you are aiming for is probably true, but it will probably be in a fairly good time.Bitcoin is hard to control so I think many countries are still not open for it to be legitimate. These countries have centralized economies and they are used to control or monitor their currency to rein inflation and other monetary matters.
Well, we cannot really say how will the Bitcoin can get its legitimacy in all countries. Because we all know that there are some countries that really don't support crypto currency and has a high and strict regulations about crypto currencies. So the one that can only decide to this legitimacy of the Bitcoin to different countries is the government of those countries.
heard or read somewhere that it would be an infringement on 1st amendment to ban and in my opinion even regulate cryptocurrency as it's just a sequence of numbers and letters. If the illegal use of bitcoin rate reduce than it can be possible to accept bitcoin more in all country.
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.
Often governments will forbid what they can not manage. They argue that bitcoin helps with money laundering and criminal activity. But in some countries like Japan they manage very well this problem.
Some countries are completely against it, so it cannot be legal everywhere. This is really unfortunate but it is the government which makes this decision.
Because there are no laws to control Bitcoin, many countries still banned it. Probably when there are laws and regulations to collect taxes, every country in the world will not ban Bitcoin.
Nobody can stop bitcoin, it is here to stay and the digital currency is the future. The sooner the governments all over the world realize it the better for them. Cryptocurrency can be very beneficial for the economy for a country, so the governments don't want to miss this opportunity.
Bitcoin is very beneficial it gives opportunity to one country to change there economy to become better. Bitcoin is very popular and I think nobody can stop bitcoin I hope it will accept all over the world cause bitcoin is helping hand for everyone it gives more opportunities to change our life and economy to become better and successful in the future.
Getting legal in all countries is not possible as some country are against it openly. With time they may change their decision.
Digital currencies are the future. People will wake up to the technology and will see the benefits in due time.
Bitcoin can not be stopped because many people use bitcoin or invest their money into bitcoin, it is risky but we are here to witness live or walk together for the realization of bitcoin itself. just a matter of time bitcoin can be accepted in the wider community or in every country to legalize it.
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