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Topic: Bitcoin will get legitimacy in all countries? - page 14. (Read 2868 times)

newbie
Activity: 86
Merit: 0
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?
That's why there's country banned Bitcoin because they think it is harmful to their economy they didn't think the advantages of having Bitcoin.They never try to Know Bitcoin before they not accept it.I hope Bitcoin  have the legitimacy because I Know many life can change it.
sr. member
Activity: 658
Merit: 268
bullsvsbears.io
For me there is the possibility that bitcoin will be legalize in all country in the near future, its because bitcoin is acceptable now around the world and there are many people now using bitcoin in their daily life, so if there are many people using bitcoin in every country there is the  highest possibility that bitcoin will be legal in the whole word in the future.
I agree, even those countries who already banned bitcoin. It has a possibility that it wil be legalized especially when they see how bitcoin developed. Day by day bitcoin keep growing and help many people. It will be legalized all over the world if the government of each country will accept it as a currency. In fact there are also some country who accept and use it as a rule of payment.
member
Activity: 280
Merit: 10
Yes, I hope bitcoin will get legitimacy in all countries because the technology of bitcoin is going great day by day and become famous and that is why its demand is increasing and i hope bitcoin will get legitimacy in near future to all over the world,
sr. member
Activity: 441
Merit: 250
I sincerely believe that there are some people at the top echelon, who openly condemn and dissuade people from joining the crypto train, but secretly are involved in the trade. It is not clear when some countries will adopt the crypto revolution, however they will eventually do so. Just a matter of time.
It’s tough to say anything right now. The governments are not friendly towards Bitcoin for obvious reasons. They don’t want to lose their power on the financial system of the country. Bitcoin also poses a threat to the existence of the banks. But at the same time we should not let go such a great technology because it offers numerous advantages. I think Blockchain will definitely be adopted in many sectors, but can’t say anything about Bitcoin.
member
Activity: 378
Merit: 11
I sincerely believe that there are some people at the top echelon, who openly condemn and dissuade people from joining the crypto train, but secretly are involved in the trade. It is not clear when some countries will adopt the crypto revolution, however they will eventually do so. Just a matter of time.
newbie
Activity: 94
Merit: 0
I think it will depend on several different things. If people who have such power also have some sort of investment (even if it is not in actual BTC, but company ect) then it makes it more likely that they will go and act in their own interests and not fight it.

On the other hand, if the ruling person has a financial interest threatened by the legitimacy of Bitcoin or even its existence, I do not think we can realistically expect them to do many things to make it legitimate and can be acknowledged by the local government.Thanks #CMIIW
member
Activity: 462
Merit: 10
For now it seems impossible because there are some countries ban bitcoin. but later in few years maybe.
but i still dont know why they ban bitcoin in their country. It is not that bitcoin is an illegal thing, it is a digital currency.
newbie
Activity: 196
Merit: 0
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?


That's what they think as of now  because their government  are not able to get taxes for bitcoin. people have fun with money earning from Bitcoin because this is unlimited to anyone everybody want to use this its available its either you rich or Poor that's applicable for bitcoin without any taxes deductible. we are all free its depend upon on us on how we handle this.
jr. member
Activity: 140
Merit: 1
for me countries not legit a bitcoin because more people or more users a have negative thinking and bad attitude her and some users of bitcoin is use bitcoin to way to scam.
full member
Activity: 658
Merit: 126
That's what we believe to happen but for sure it takes a long time. We are currently facing a lot of problem especially the word "scam" right behind of bitcoin. I'm willing to wait that to happen even though it takes decades or century.
full member
Activity: 868
Merit: 108
For me there is the possibility that bitcoin will be legalize in all country in the near future, its because bitcoin is acceptable now around the world and there are many people now using bitcoin in their daily life, so if there are many people using bitcoin in every country there is the  highest possibility that bitcoin will be legal in the whole word in the future.
member
Activity: 812
Merit: 11
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?

From what i know, a few weeks ago, country member G20 already said that cryptocurrency like bitcoin can be regulated but its need time to take. Bitcoin will have legitimacy in near future because many big banks already said they will involving in cryptocurrency
member
Activity: 673
Merit: 10
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 is really a concern and bitcoin has its supernatural powers and advantages so it becomes market inflation, I think not. this needs to be refined and developed to become a good technology in the future.
newbie
Activity: 76
Merit: 0
Bitcoin is unlikely to ever be used as a means of payment.And  bitcoin main based blockchain. In future every country will legalized bitcoin.
full member
Activity: 408
Merit: 100
www.bitpaction.com
This is all what we want to legalized bitcoin in whole world.and the government accept bitcoin to help people. we nly few country accept bitcoin and otherr country likenour country nit yet accept and legalzed bitcoin.lot of scam also that connecting the name of bitcoin thats why they warn us here not tonnvest in butcoin without knowledge about it.negative news affect the name of bitcoin in one country.
member
Activity: 359
Merit: 15
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?

There are so many countries that against bitcoin, these countries are thinking that bitcoin has no use to thier economy of thier countrt. The possibility that all country will accept bitcoin as part of thier country is very low, even thought the world government make an regulation to accept bitcoin worldwide, they will refuse for sure.
full member
Activity: 310
Merit: 100
I think that bitcoin will not be legalized everywhere, because bitcoin is created for the possible anonymity of people, which in fact is a threat to the state! Each government seeks total control over its citizens. Also, bitcoin has a lot of minuses, which makes it not only useful, but also dangerous!
newbie
Activity: 195
Merit: 0
the success of bitcoin in those countries where it was accepted will determine if other countries will accept it or not. if corrective measures are being put in place to curb or control the activities of other coins, i strongly believe that bitcoin can be accepted in the whole world.
newbie
Activity: 144
Merit: 0
They think so, because they can not regulate bitcoin and can not levy taxes from the cryptocurrency, accordingly, it is not profitable for the state to use the cryptocurrency as money.
full member
Activity: 384
Merit: 106
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?
It is the government's way of thinking that implementation of getting Bitcoin to be legally used in their country might brought up side effects that can be useful in a good way and can be worst on a bad way. Maybe it is just their way of prohibiting their people to be fooled and get obsessed of obtaining instant income even without doing physical works because crypto are there to do their thing of earning for their own good which does not concern the sake of the nation that will totally affect its total manpower needed for the economic growth of a country. But I believe that sooner or later, government of different countries around the world will fully understand and think the legalizing Bitcoin will be a good thing to do by doing actions that will still concern their economic status while letting its people work in terms of doing crypto.
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