Topic: Bitcoin will get legitimacy in all countries? - page 25. (Read 2868 times)
It's a possibility for it to be legalised in every country but that's going to take a very long time to come it will only happen when they see how useful it is to the economy of other countries that's when they will jump on board.
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 don't think so if time will come for bitcoin to become legal in all countries considering that every nation are creating different rules to implement and the image of bitcoin will answer if it needs to be implemented or not.
it is difficult to say whether all countries officially recognize bitcoin, this requires massive and maximum cooperation between all countries in order to agree on this. but there are countries where bitcoin is officially recognized as currency. these are the countries that believe that the cryptocurrency will change the world for the better, in particular, it will affect the financial system and the economy as a whole. those who do not want to recognize Bitcoin are simply afraid of a coup in the country and for being used in "shadow operations", as well as for not being able to control the issuance of cryptocurrency.
Legalizing bitcoin in all countries is really an impossible ambition considering that until now there are still countries banning bitcoin and their governmento warned their people not to use and this is due to bad image of bitcoin, they dont want their people to be scammed.
Yes it will and it should be. If people think that Bitcoin and other crypt will harm their countries then look already there are many person who actually betrayed it own nation and making their black money fruitful for themselves. It should be legalize after considering the national security by total kuc for each crypto investor.
Bitcoin will get legitimacy in all countries soon. Most of the countries do not accept as valid currency due to their ignorance and much afraid. But, Bitcoin is already accepted as valid in many countries like USA, Canada, Japan, China and so on. So, it will take not long time for Bitcoin to be accepted as valid currency all over the world.
I think this is unlikely because many countries think that bitcoin is bad for their economy. They can not control bitcoin’s transactions and they can not apply tax on it.
it is difficult to say whether all countries officially recognize bitcoin, this requires massive and maximum cooperation between all countries in order to agree on this. but there are countries where bitcoin is officially recognized as currency. these are the countries that believe that the cryptocurrency will change the world for the better, in particular, it will affect the financial system and the economy as a whole. those who do not want to recognize Bitcoin are simply afraid of a coup in the country and for being used in "shadow operations", as well as for not being able to control the issuance of cryptocurrency.
I think that most countries in the world may not legalize bitcoin. Once the legalization of bitcoin, it will have a great impact on the finances of those countries. At present, human society cannot yet be completely decentralized.
bitcoin aims as a currency that is currently expensive, but there are still many state governments who think that bitcoin is dangerous, in fact they do not understand the meaning of bitcoin, bitcoin is made with good intentions, therefore I think if bitcoin wants to get his my official clearance thought it still needed a long process, it was not easy to convince the state government that bitcoin was completely safe. 
Since bitcoin was decentralized, some state government doesnt accept it. Actually there are some country who already banned bitcoin. It is becauae they are afraid to defeat their fiat currency and people will ten to use it than to their currency since it was more profitable. In addition, bitcoin was much easier to earn and to transfer. I dont think if it will be legalized to all country since there are some who doesnt believe on it.
Many countries have already banned bitcoin, they don't believe in it. But let not forget that the government are the ones banning it and only them knows why they are doing that. Still banning bitcoin in a country will still not stop its citizens from using it. they will always find a way to buy and spend it. But time will tell how long it will remain banned in those countries because many startups are already coming forth through blockchain.
It's a hard question to answer, but I think, in the long run, this would be the case. It would become a really stable global currency of reference.
it's really true and we also just follow and support bitcoin so bitcoin can run smoothly in various countries in this world. because this question is very difficult to answer
It's a hard question to answer, but I think, in the long run, this would be the case. It would become a really stable global currency of reference.
bitcoin aims as a currency that is currently expensive, but there are still many state governments who think that bitcoin is dangerous, in fact they do not understand the meaning of bitcoin, bitcoin is made with good intentions, therefore I think if bitcoin wants to get his my official clearance thought it still needed a long process, it was not easy to convince the state government that bitcoin was completely safe.
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 the bitcoin will be legal in all countries. To me, bitcoin is like gold or stock, and terrorists never use it. The government has come up with the stories is not real about bitcoins
For me, bitcoin can be legitimacy in all countries if they are willing to do it. We all know that all country have their own rules and regulation to follow and if bitcoin is disobeying it, they have the jurisdiction to prohibit or ban bitcoin especially that they don’t create it. We all know that bitcoin’s capability is superb that some criminals are taking that advantage to do their crime, like selling drugs or buying drugs and also, using it to the black market. That is the main reason why there is some country are now already prohibiting bitcoin and another cryptocurrency. But I’m hoping that bitcoin become legal to many states so that its value increase and also, it helps a lot of people in their transaction and company into their payment system. 
So if the concerns about the misuse of bitcoin as a crime tool are not proven or can be prevented, I am sure if the government will give legality to bitcoin. Although it is still restricted in its use as a means of payment, we should be grateful, most governments still legalize bitcoin as a commodity and asset. Only time can give the most appropriate answer, meanwhile, we should try our best as long as still given an opportunity to seek profit in the world of cryptocurrency.
For me, bitcoin can be legitimacy in all countries if they are willing to do it. We all know that all country have their own rules and regulation to follow and if bitcoin is disobeying it, they have the jurisdiction to prohibit or ban bitcoin especially that they don’t create it. We all know that bitcoin’s capability is superb that some criminals are taking that advantage to do their crime, like selling drugs or buying drugs and also, using it to the black market. That is the main reason why there is some country are now already prohibiting bitcoin and another cryptocurrency. But I’m hoping that bitcoin become legal to many states so that its value increase and also, it helps a lot of people in their transaction and company into their payment system.
Bitcoin is not a “legitimate” currency, but a digital currency could one day form the linchpin of a cashless future. Fiat cash fills in insofar as individuals have confidence in it. Or on the other hand, more precisely, insofar as individuals have faith in their administration. On the off chance that you don't have enough to stress over, simply recollect that history has demonstrated that ALL fiat monetary forms inevitably fall flat.
I think that one day, Bitcoin will be recognized all over the world. We do not always think about the bad aspects of knowing about one thing, and do not worry about the good aspects. But through this it is possible to change the whole world. Just when you get to know about Bitcoin, it may be too late. Bring it to a system so that it can not do bad things with it. The whole world will recognize the use of it.
I really don't get why people claim that crypto causes fiat currencies to inflate. Bailing out banks and granting loans with fractional reserve for example are reasons why fiat currencies inflate.
When some of the countries find out what they think about bitcoin is not right,they will be forced to legalized bitcoin in there county justvas country are legalising it.
I doubt there's still anyone country out there that is still struggling to understand Bitcoin and the huge potentials there is to it, but like we already know, governments and politicians do not support or pursue any course simply because the conviction that it bodes good for the people, unless they stand to gain far more from it. Beyond that, they would not allow it see the light of the day, unfortunately for them, Bitcoin was more than a match and legalization have turned out their best bet or they've lost it! Jump to: