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Topic: Bitcoin will get legitimacy in all countries? - page 27. (Read 2868 times)

jr. member
Activity: 131
Merit: 1
I wonder why bitcoin is too in about in all countries whether bitcoin ever made a case of keriminal or wash people's money so whether bitcoin will not be used again next year
member
Activity: 97
Merit: 10
Not a bitcoin that will not be removed in all countries but I'm sure bitcoin will continue to persist in all countries and bitcoin will also be the currency of the country that can be used in our daily lives
jr. member
Activity: 175
Merit: 2
I think it will. France, Japan and other states of US already recognizing BTC.  If powerful countries will legitimatize the BTC or cryptovurrency as a whole there is no reason for the small country to refuse otherwise they will be left behind.
member
Activity: 448
Merit: 10
Not at all but many will approve on bitcoin i know its a difficult but many country will realize that it has a good impact of economy if bitcoin will be the use of mode of payment easy to access and avail service and sales. Even you are in work you can buy anything and pay using this bitcoin technology.
 


Let's not think that it's impossible, let's all be hopeful that someday bitcoin will get legitimacy in all countries, I know that this is very possible because now a days many countries already are accepting bitcoin.
jr. member
Activity: 340
Merit: 1
Not at all but many will approve on bitcoin i know its a difficult but many country will realize that it has a good impact of economy if bitcoin will be the use of mode of payment easy to access and avail service and sales. Even you are in work you can buy anything and pay using this bitcoin technology.
 
newbie
Activity: 112
Merit: 0
I think it will still take some more time to get legalized. Banks think of it as a big threat which eventually affects bitcoin to get accepted worldwide. I hope someday bitcoin will get legalized in most of the countries because it can change the world's economy.

Yes this is true. The government may legalized bitcoin but not for now. Maybe in the future they will take a lot of time to study and consider legalizing bitcoin. 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.
full member
Activity: 302
Merit: 120
this is still a conversation in various countries. but some countries have legalized bitcoin.
newbie
Activity: 97
Merit: 0
I think bitcoin legitimacy depends on it's demand ,popularity,raising rate and the way of using it.If the illegal use of bitcoin rate reduce than it can be possible to accept bitcoin more in all country.
member
Activity: 616
Merit: 12
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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?

actually what we need to do is we have to make the government sure or even change their perception to Bitcoin or Cryptocurrency. As long as their perception about bitcoin is still the same "Bitcoin is Scam" and the "Bitcoin will make Banking system broken" then im sure no hope for crypto to get in.
newbie
Activity: 88
Merit: 0
I think it will still take some more time to get legalized. Banks think of it as a big threat which eventually affects bitcoin to get accepted worldwide. I hope someday bitcoin will get legalized in most of the countries because it can change the world's economy.
full member
Activity: 392
Merit: 100
Based on my own perspective, i believe some country that are facing much terrorism would not want to legalize it because of the anonymous nature of Bitcoin  transactions which they believe it can be use to promote or fund terrorism except if there is regulation to track their citizens and be strict with KYC..
full member
Activity: 336
Merit: 100
Devaluation (inflation) in countries is possible if countries do not come up with crypto mechanisms. Like an idea. To create state crypto-money and equate them with the resources of the earth. Let's say the barrel of oil, ounce of gold, ounce, grain, etc. Then this cryptocurrency is the future and the development in the crypto economy at the state level
sr. member
Activity: 454
Merit: 251
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 true that there are some countries who really hate bitcoin because there are some people who uses bitcoin in their illegal activities such as scams. I think it will take a lot of years before bitcoin be legalize by all of the countries, even bitcoin starts to grow its popularity all over the world.
member
Activity: 490
Merit: 11
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: 352
Merit: 125
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 eill never get legal or legitimacy as your term because that is what bitcoin is, it is decentralized and nobody gets to control it. I does not create inflation in a country but provides opportunities and jobs for those people who need extra job and extra income. Countries just have to open for possibilities that bitcoin can offer.
sr. member
Activity: 462
Merit: 250
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 very difficult to answer this question. But I think it is all the more difficult for all nations to accept the crypto currencies. Maybe someday this will happen because we see signs of improving the attitude towards some of the countries to the crypto currencies. But we can only to guess.  Huh
full member
Activity: 418
Merit: 100
I think bitcoin does not create inflation in a country, I think that creates inflation is corruption and foreign debt, bitcoin I think is good for a country's economy
legendary
Activity: 1110
Merit: 1000
Bitcoin to have legitimacy in all countries, I think it takes time. But at a certain limit, not all nations can accept it. In addition, bitcoin needs to change the existing weaknesses. I still hope that, in the near future bitcoin will be widely used and accepted in the country.
it's hard to guess that the country has a lot of approves of bitcoin in circulation, because until now the countries have only negative thinking about the development of bitcoin. so to let them know that the bitcoin is not like they imagine it needs a process.
I currently visit the legit currency converter that was used by our company named oanda and I just take a look at bitcoin that was being involved here so it only means and prove the legitimacy of bitcoin but the only problem today is the legitimacy of bitcoin in terms of nations because every nations and countries has it's own rules and regulations so this subject are pertains to undergo negotiations.
full member
Activity: 644
Merit: 100
it is quite difficult to do so, because in my opinion, to achieve this must first cultivate trust from all parties, this may be aimed at the stability of prices and good news for crypto currency, because  many governments view illegal bitcoin for fear of the people  because tempted by a huge profit without realizing the risks that may arise
hero member
Activity: 2590
Merit: 644
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.
Many people and professionals believe that bitcoin will soon get legalized in all countries and I hope it would come true. Furthermore, If they legalized bitcoin there is a chance that the price will increase day by day and I think it may result to a high income. If all countries start legalize bitcoin I think it is a big achievement in bitcoin community.
We just need to wait for a little more years and after at least 3-5 years, we will see a really huge improvement in bitcoin and there might be a huge chance that majority of the countries in this world already legalized and accepted bitcoin as a currency and make it as an option for doing payment online or even in the physical stores.
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