Topic: Bitcoin will get legitimacy in all countries? - page 15. (Read 2868 times)
It has become now very sensitive issue for every economy to regulate the VCs. Most of countries don't want to loose their control on financial mechanism, therefore it very hard to accept the real value of Bitcoin in near future by most of countries.
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 will eventually but not this time? In our country there are some news about bitcoin especially with scamming scheme. So it might be hard for us, people who use bitcoin, to be legalize bitcoin right now. Even our central bank warning our countrymen to avoid bitcoin because they are not guarantee to be true, which I oppose.
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?
Currently, there are around 70 countries and territories worldwide where Bitcoin (and other cryptocurrencies) usage is legal. To name the few they are; South Africa, Namibia, Zimbabwe, Canada, Nigeria, Morocco, United States, Mexico, Nicaragua, Costa Rica, Jamaica, Trinidad and Tobago, Argentina, Brazil, Chile, Colombia, Russia, Kyrgyzstan, Cyprus, United Arab Emirates, Israel, Saudi Arabia, Jordan, Lebanon, Turkey, Iran, Pakistan, and more... https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory
if that happens, then I will be very happy and ready to become someone who suddenly rich in the near future
if only the entire country allowed Bitcoin to flourish, then surely there would be a huge economic revolution in this world
if only the entire country allowed Bitcoin to flourish, then surely there would be a huge economic revolution in this world
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?
inflation is likely to occur in a country, if the government is wrong to take steps in managing bitcoin and its investors, it is necessary to think long-range ways to legalize bitcoin in the countryYes, Legitimacy of Bitcoin is hard to acquire , It will be studied by the government, putting regulations to it and giving it a percent where it will contribute in the government and the country itself, it will project the countries economy, If bitcoin can be used as the primary currency of a certain country, Peple will need to study deeply what is bitcoin and they should be willing to take risk and patience to its value.
After creation of bitcoin, it has passes around ten years. Within ten years it has achieve many things. Many multinational companies and e-commerce site and other many store are now accept bitcoin as a payment. Now bitcoin has become the sixth largest currency. Its popularity has increase tremendously due to its high investment return. But to become legitimate in all country it have to face some difficulties. It needs to accepted by many other company so that the country of that company think of it positively. The price of bitcoin should also be stable to accepted by all country.
Only a country that does not accept bitcoin that bitcoin is very dangerous and does not give legitimacy and they do not know what the purpose of bitcoin and its benefits so do not ever hesitate or afraid because by not letting go of bitcoin then the country will be left behind because bitcoin is a digital currency has many advantages.
Bitcoin have lot's of benefits and advantage they can get but some country they not give chance to see the purpose of bitcoin on there economy. Bitcoin is a digital currency that give high profit and reduce the poverty and give jobs and income. 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?
inflation is likely to occur in a country, if the government is wrong to take steps in managing bitcoin and its investors, it is necessary to think long-range ways to legalize bitcoin in the countryYes, Legitimacy of Bitcoin is hard to acquire , It will be studied by the government, putting regulations to it and giving it a percent where it will contribute in the government and the country itself, it will project the countries economy, If bitcoin can be used as the primary currency of a certain country, Peple will need to study deeply what is bitcoin and they should be willing to take risk and patience to its value.
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?
inflation is likely to occur in a country, if the government is wrong to take steps in managing bitcoin and its investors, it is necessary to think long-range ways to legalize bitcoin in the country
If bitcoin in legitimacy is sure everyone who uses cryptocurrency is very disappointed because they have no more work to earn a living for their families so if the government forbids bitcoin the same government bans its citizens to work
What about that guy that predicted it would go to 7000 USD ?
I think bitcoin will not be legitimized because bitcoin will be used as a transaction tool in all countries so it is unlikely that bitcoin will be legitimized if bitcoin is legitimized all people who use cryptocurrency will be very upset with the government because that is where they earn a living for their family
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 will eventually but not this time? In our country there are some news about bitcoin especially with scamming scheme. So it might be hard for us, people who use bitcoin, to be legalize bitcoin right now. Even our central bank warning our countrymen to avoid bitcoin because they are not guarantee to be true, which I oppose.
Yes, I think this is only a matter of time. The cryptocurrency can temporarily delay the decline of capitalism. I think capitalism will cause a global financial crisis.
It depends on the acceptance of the concept on how it is helping the people within the jurisdiction of the country law.They don't want bitcoin to exist because they know that bitcoin brings harm to their citizen as well as the economy due to the fact that the bubble thing and volatility may occur in bitcoin but what I think now is that the state should be able to support by making a rule because with the existence of regulations that apply on bitcoin market situation can be much more stable.I think bitcoin will start build legitimacy that people may thinks the good benefits of it but it depends the adaption of each countries that helps bitcoin technology to developed and undergone such laws that brings bitcoin stands legally.
It doesn't seem possible in near future. Because of its nature bitcoin is independent system it come up against current global economic system. Banks don't allow that easily it takes control of world economy. So they don't make that bitcoin legitimized. In my opinion bitcoin don't need to legitimized any way.
Expansion relies upon the cost of the items, requests, supplies and so forth. Bitcoin can't impact the requests or supplies for any products or administrations (allmost all). In this way, just the cost is forgotten. In any case, the cost generally relies upon the requests and supplies. I don't see why Bitcoin impacts the swelling. Indeed, I concur BTC or different cryptos can impact the economy of a nation however I don't trust it would be the swelling.
In future, I see bitcoin attaining the level of legitimacy in virtually all the countries of the world. We need to understand that even the attempt to regulate cryptocurrency in some countries show that they give bitcoin recognition and therefore want to legitimize it. More countries will join as time goes on.
Bitcoin may not get legitimacy in all the country of the world but it may get in some countries which is what is happening now. Some government believe that bitcoin is going to be of negative influence in their economy and some are against bitcoin because of its decentralized nature and that it can be used for crime like drugs and sponsoring of terror.
I think Bitcoin will soon get legalized in all countries. Because Bitcoin Bitcoin prices are increasing day by day and its nationwide acceptance and growth is increasing
. The rate at which the price and demand are increasing. Bitcoin reduces the country's economy and reduces the per capita income and unemployment rate of the people of the country. So it can be taken nationwide.
Yes,it will be.But it needs time process, global acceptance under global regulations. It has been recocnised that.btc has.more benefits that disadvantages so people will soon support it to be accepted legally all over the world. . The rate at which the price and demand are increasing. Bitcoin reduces the country's economy and reduces the per capita income and unemployment rate of the people of the country. So it can be taken nationwide.
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