Bitcoin will get legitimacy in all countries? - page 28.

Core.BUSTER

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Quote from: NABILA AKTER SHILA on May 22, 2018, 10:38:34 AM

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.

rye18

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Quote from: mdyeatul on May 22, 2018, 07:11:41 AM

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's really hard for bitcoin to be legalize in all countries because until now some countries are not yet accepted bitcoin and some are banning in their countries.

elkafee79

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Quote from: mdyeatul on May 22, 2018, 07:11:41 AM

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 is the crypto currency, It is the future currency. So, the countries should accepts or legalize it. No one can refuse the technology.

naomi56

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Whether Bitcoin gets legitimacy in all countries is a lit bit hard for anyone to tell but Bitcoin blockchain technology has already achieved what Satoshi had envisioned.
Whoever Satoshi is must be a very happy and satisfied man. His technology is being adopted widely and massively by a lot of countries today and soon will be the only technology used in all the countries.

This is a milestone i am sure he only dreamt of and ten years later it is a reality.

I am happy to have been a part of this technology and an enthusiast who also helped in whatever small way i have to get it legitimized in my small African Country.

I am a Kenyan and working with the Government team to help them adopt a blockchain technology

Spontebob

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Quote from: emmybd on May 23, 2018, 02:15:16 PM

Nobody can stop bitcoin, it is here to stay and the digital currency is the future. The sooner the governments all over the world realize it the better for them. Cryptocurrency can be very beneficial for the economy for a country, so the governments don't want to miss this opportunity.

I think not all the country will approve of legalizing bitcoin. Knowing how bitcoin works, how there can be illegal activities that can be done through this, it will be quite hard to believe but I believe once they learn how bitcoin works, they will surely start approving this.

imteaz

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Well, Soon or later when Govt realize that people love crypto, and they cannot keep people away from it, they will be forced to accept and legalized. However, it might take few years or even 5 years, so we all should have patience.

keanne_isaac

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Quote from: mdyeatul on May 22, 2018, 07:11:41 AM

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 my opinion bitcoin takes time to get legalized in all countries or this msy nor be happen as many other countries are not supporting crypto currency but one thing is for sure in due time majority of countries will accept bitcoin as an alternative mode of payment.

retnoanjani

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Quote from: tarable on June 06, 2018, 09:06:21 AM

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.

Yes, let alone a lot of speculation that bitcoin is easy to use for illegal and criminal activity even to disturb the economic stability of a country. Well, actually the government also realized that the development of this technology is the progress of civilization that cannot be dammed completely. So the government limits its use only, as it is only allowed to be used as commodity and investment.

jchav010101

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Most of the countries has advanced enough and come to a point where all authorities is technology literate.They will come to recognize the legitimacy and potential of bitcoin.People would start using it in a daily basis.The government would recognize such event and therefore adapt to it to conform to the wants of its people.That's when the government can accept bitcoin and crypto currencies.Some countries now banned bitcoin because of its fluctuation.If it stands for a proper rate then will see more positive news about Bitcoin.

Kahoy01

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Quote from: mdyeatul on May 22, 2018, 07:11:41 AM

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?

As bitcoin gradually gains power and influence to the entirety of the globe, there is a possibility of bitcoin becoming legitimate and accepted in all countries, even the ones that previpusly banned bitcoin use and operations in their territory. Even now some countries lift their prohibitions and banning against cryptocurrency which proves that there is a possibility that bitcoin could still be legalized even in countries which banned it in the first place.

tarable

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Quote from: DUHOIxx on June 06, 2018, 08:45:22 AM

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.

rindayle

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The countries of Europe and the US are trying to legitimize Bitcoin and make it work for itself. The government plans to get the maximum profit from transactions with the crypto currency both on the exchange and in the classical financial sphere.

As for Russia, the situation here is more complicated. The authorities can not decide to lift Bitcoin's ban in Russia.

DUHOIxx

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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.

kabelpeggek

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hi bro, long time Bitcoin was the best perspective place to earn money and i think that Bitcoin can not create inflation in any country, it is a future of all payments.

CryptoLifeEase

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Not all countries. Bitcoin will be regulated initially from the First World, then developing nations would follow suit. Countries at war or with internal conflicts would probably be too busy to worry about bitcoin.

rindayle

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I do not think in all, because many do not need competitors to their national currencies, so I think this possibility exists.

putrii

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it seems to be able to get legitimacy across the neagra and can be used for all payments across the country as bitcoins take a long time to develop. bitcoin takes more time to get it all.

BTCWise

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Its too soon to tell. I do however believe that Bitcoin is here to stay and that governments can't really do much to stop it from getting mainstream adoption. Someday in the future we will look back at some of these Bitcointalk threads and realize we never really had to worry about the success of Bitcoin. Major corporations are already rallying around Bitcoin and I even read an article on the top 20 coins the Nasdaq believes in. This is all the proof I need to reassure myself that I am in the right space. Please help with some + merit if you found my comment useful

MetalGear

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Quote from: mdyeatul on May 22, 2018, 07:11:41 AM

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?

The reason why they think that bitcoin is too harmful in their country simply because they think it is a scam and it will ruined their own currency but all of that are wrong and bitcoin is not a scam. If bitcoin becomes legit in one's country it will help their economy to grown up and it will help many people to gain income. Lastly, I hope the legitamacy of bitcoin will be spread in all countries.

Kirito-kun

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Quote from: mdyeatul on May 22, 2018, 07:11:41 AM

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?

Well, we can't tell it right now because of its indecesiveness, maybe someday but I can guarantee that it will take time for that to happen. Perhaps, it will come true if all countries will see its potential and what it can do upon their economy. Hence, we must continue what are we doing such as advertising in order to let them know what they could get upon it.

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