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Topic: Bitcoin will get legitimacy in all countries? - page 20. (Read 2868 times)

newbie
Activity: 168
Merit: 0
Only time can tell whether or not bitcoin will be legalized in all countries across the world. But perhaps, bitcoin will have a strong support from people and even if these countries will reluctantly ignore and ban bitcoin and cryptos in their country, bitcoin will always keep its pace and will always continues to grow.
If we look at it historically, there has been such a meeting of G20. It proves that making global regulation for bitcoin is not impossible. Perhaps in the future, this kind of meeting will exist again, I guess someday, one with the other would find common ground for bitcoin cases. I'm still waiting for that moment to arrive.
newbie
Activity: 140
Merit: 0
Swelling relies upon the cost of the products, 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. Be that as it may, the cost for the most part relies upon the requests and supplies. I don't see why Bitcoin impacts the expansion. Indeed, I concur BTC or different cryptos can impact the economy of a nation however I don't trust it would be the expansion.
member
Activity: 574
Merit: 10
If everything uses bitcoin, they will have nothing to say except how to legalize Bitcoin. Inflation in the country because of Bitcoin is ridiculous.
member
Activity: 476
Merit: 10
It's is possible. most of country are accepting Bitcoin. most of the website, online shop, online market are accepting it.  so it is possible to  legitimacy it. Bitcoin transaction is easy and secure. so most of the government of  country are want to get, there country are going good of future.  because Bitcoin have many advantages. though Bitcoin is uncontrollable currency,  but it's is possible to using it possitiv side. i think, in future all country will accept Bitcoin and they get legitimacy it.
newbie
Activity: 80
Merit: 0
Hi guys

Can Crypto get big enough that it would be used to fund political campaigns and totally influence the way we make decisions in broader aspects of government?

It's possible when government can understand bitcoin's good effect and accept bitcoin
newbie
Activity: 1
Merit: 0
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.
full member
Activity: 434
Merit: 100
Only time can tell whether or not bitcoin will be legalized in all countries across the world. But perhaps, bitcoin will have a strong support from people and even if these countries will reluctantly ignore and ban bitcoin and cryptos in their country, bitcoin will always keep its pace and will always continues to grow.
member
Activity: 308
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?
Bitcoin is really legal. It is not legalized but legal. Several States banned. The problem is in the lack of BTC regulation. Ttuaj is the biggest fear.
member
Activity: 518
Merit: 11
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.
member
Activity: 364
Merit: 10
World wide regulation would bring bitcoin legitimacy and enable it to get deeper into economy and business which would contribute to further growth and expansion.
But I'm not sure that this project of global regulation will be successful because it's hard to expect that all countries would get alligned regarding question of ful regulation.
I feel unsure of global regulation. Let's see the regulations in one country alone, it's still complicated about the decision to bitcoin. How will it be if many countries are formulating it? It will take quite a long time, and frankly I feel a little pessimistic about the universal regulation of bitcoin but if it works, then the development of cryptocurrency will become more rapid.
member
Activity: 252
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 BTC is not harmful when used the right way. It is a very powerful tool that can change the world's economy. And it will be legitimate as soon as countries find that out. Well at least the most powerful ones like the united states, china, germany.. and the rest if the worls will follow.
newbie
Activity: 147
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?

Most governments may think of bitcoin or other cryptocurrency can affect the state's financial instability, because each country also has its own currency, most countries also only prohibit the bitcoin or other cryptocurrency for the means of payment instead of prohibiting the ownership of bitcoin. So maybe in the future it could be that every country would legalize cryptocurrency as a legitimate payment instrument around the world.
newbie
Activity: 120
Merit: 0
I think btc would be regulated one day. Governments have to determine whether btc and other cryptocurrencies are securities that can be regulated like stocks or bonds.

it's really hard to predict if this can be legalize to all countries because some countries are now banning the use of bitcoin, so whatever their decision to legalize or not every country must respect.
copper member
Activity: 280
Merit: 0
At this time there is the same country which is illegal for Bitcoin. They think that the use of bitcoin could increase crime and illegal acts. But there is nothing like that. And the way Bitcoin is making its place in the whole world. Bitcoin may be legal in all countries in the future.
sr. member
Activity: 643
Merit: 264
I think btc would be regulated one day. Governments have to determine whether btc and other cryptocurrencies are securities that can be regulated like stocks or bonds.
member
Activity: 532
Merit: 15
people and authority always stay away from anything new, especially, anything that they can't control, but, eventually they adopts it when they see successful adoption cases of other people and other countries. So, Bitcoin will get legal in everywhere, we just need some time.
member
Activity: 218
Merit: 10
i think not yet, if legitimacy given to bitcoin, whether the government will be responsible for all the problems of bitcoin? I think legitimacy is not bitcoin itself,  but it will have an effect on the real money circulation in that country. as we know, bitcoin prices are very fluctuating, and this is a big problem for every country.

But it still depends on the perspective of the government and country about the legitimacy of bitcoin.

Many governments are still careful to tackle the issue regarding on bitcoin cause they think it can ruin their financial institution or its economy.
jr. member
Activity: 140
Merit: 1
I think no. Bitcoin will not receive recognition in many countries, because each country has its own financial situation and the financial relations that have been eliminated. Work with bitcoin, can badly affect the economy in general, with a poor approach to its implementation.
jr. member
Activity: 238
Merit: 1
https://i.imgur.com/iwknjIj.png
With what other countries did with Bitcoin by banning it, then i don't think it will legalize in all countries but for just some countries.
full member
Activity: 336
Merit: 100
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 in the country will be is not without bitcoin. The Fiat money system cannot control the price increase of goods and services. So the system is built. Why does the government say that bitcoin will create inflation ? Because it can destroy all the economies of the world, not only in this country. Now if the major countries do not implement important targets for regulation of its own your cryptocurrency, the fiat system simply collapses. This is my subjective opinion.
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