Topic: Bitcoin will get legitimacy in all countries? - page 17. (Read 2868 times)
Not all countries will accept the use of bitcoin and for those will it won't be at once. For sure as time goes on the number of countries that accepts and approve bitcoin will be higher than the once that ban the use of bitcoin .p
I think in a short time bitcoin will be banned in all countries, as well as in the whole of the Crypto-currency. This is a massive disease that does not lead to good.
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 actual all depends upon the point of view of every government . And in my opinion those countries government like Japan are seeing bitcoin in positivity because at the upper level the personalities that are taken to discuss are positive with the cryptocurrency and if people are having negative thinking at higher level then surely they will give Negative reviews and suggestions and action to work by the government of that country ( exmaple is China , Bangladesh ) .In my opinion bitcoin has no Negative inflammation except of few cases which can be easily solved by the simple rules and regulations if government wants .
But if any government will try to make any rule blindly then I am sure that only negative impact and Result we will get by every country .
BTC will cause some social problems and it will have an impact on the country’s financial order!
Although Bitcoin is now very popular, some countries do not welcome it. Most countries also take a wait-and-see attitude.
Although Bitcoin is now very popular, some countries do not welcome it. Most countries also take a wait-and-see attitude.
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. The lack of control would likely make tax evasion and money laundering easier. I can't see why any country would legitimise Bitcoin with these in mind.
I don’t think a country especially its government would agree to give legitimacy to something they don’t have control with. Cryptocurrencies is decentralized in nature meaning it cannot be regulated by any other party but it could be banned by a certain country if it get involves in serious/fraudulent activities.
Yes it is, i know that someday bitcoin will be accepted in many countries, and it will become legitimate all over the world, this is someday become a world currency whereas all people will easily send money to their family wherever they are. I know that it will be a big impact for the currency when that things will happen too.
Yes I believe it and very soon majority of developed and underdeveloped countries will accept it and considered it as medium of paymentd
That is certainly the majority of us wish for. If that actually happens then it is a huge development on world transaction system. That will be impossible unless they have created a way on regulating bitcoin or any other cryptocurrency. Since the sole use of bitcoin and the most reason why there is a lit of users is because it is regulated.
Imagine going out of your country and carrying a huge amount exceeding the limit that you can carry?
Imagine owning a specific amount and not knowing who owns it? That would be a massive work for the government in each country even kyc is included.
Yes I believe it and very soon majority of developed and underdeveloped countries will accept it and considered it as medium of paymentd
That is certainly the majority of us wish for. If that actually happens then it is a huge development on world transaction system.
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.
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?
for now only a few that legalize bitcoin as virtual currency like USA, germany. it may be that the state thinks if people use bitcoin as a transaction or keep the property it will run the taxes they ought to bear on their property. so that's where the country is hesitant with bitcoin. I think it only needs to be reviewed. such as specifying exchange fees must pay taxes to the state on transactions conducted in a day or a month to the state. for example bitcoin is taxable when sending and receiving samples like in HITBTC. so all that can be set. unfortunately they only consider bitcoin as a matter of runaway money or assets
Yes I believe it and very soon majority of developed and underdeveloped countries will accept it and considered it as medium of paymentd
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 still depends. Currently, there are some countries that had been legalized bitcoin. These are the countries already done assessing the end-results of putting bitcoin as a legal way or medium of payment in their country. We cannot judge a country it did legalize or not, as long as the government thinks and always think whenever it acts, it must be for the common good of the community. Also in some countries, which are typically at the moment are neutral, they do not recognize bitcoin neither legal or illegal, one agency of government just announce the risks of investing in cryptocurrency. Sooner or later, bitcoin and the whole cryptocurrency will be legalized, thats for sure but will take a lot of years.
Definitely not. One good example is China. This country is very progressive and big, if they accept bitcoin its really a big help. But as a one big country they tend to think of something that will benefit most of their countrymen or the country itself. They also want to prevent scams that some of the tokens has no value at all(not only China but most of the country). But as our era is the techie one, many innovation will be provided just to fulfill the gap.
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 will soon be legalized in all countries. Because bitcoin is the technology of the future.
If bitcoin is useful and just as honest people are not going to cheat, then sooner or later their government will recognize and will accept bitcoin as legitimate that is very reasonable for 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?
Given that they don't have control over bitcoins, I guess it is more harm than good to a country that has an established economical status. If that's the case, bitcoins may never reach global mainstream status. But I believe a little tweak in the system, we can see bitcoins as something more amazing than seeking global legitimacy.
I think it will still take some more time to get legalized. I think if the government of each countries consider legalizing bitcoin, it would be of much help not just to us bitcoiners but to everyone.
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?
Soon this of course can happen, and at the same time it is a high probability, because everything goes to this, that cryptography still come out into the world, and show themselves on the other side.
I think gradually countries are accepting Bitcoins. It is going to be legalized in all countries in the near future very soon.You need most of the people's support, and bitcoin has those support. But I believe day by day, bitcoin will accept by most of the countries. I even think bitcoin will use in USA daily life, in China and Arabic countries.
Bitcoin will soon gain legitimacy from every country. Because bitcoin still takes time so not in the near future. Bitcoin will continue to be potentially popular. It's good for every country to legitimize bicoin. I believe in the future bitcoin will get it.
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