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Topic: Bitcoin will get legitimacy in all countries? - page 29. (Read 2868 times)

sr. member
Activity: 1120
Merit: 256
I think that it is difficult to predict whether in all countries or almost in all. But I know for sure that its popularity is growing and it will continue growing. I think that it will spread in all developed countries and maybe then in the developing as well
and for bitcoin can be  bylegitimacy  many countries it is still very difficult in the year this year or the year to come. because most in this world it is in rejecting bitcoin entry in the country of the country
member
Activity: 400
Merit: 59
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?
Don't lose hope. There is still a huge possibility that bitcoin would be decentralized in the future, after all there is still so much time so don't rush things. Moreover, a lot of countries that once banned or prohibited the use and operations of cryptocurrencies in their territory took back what they said and are now allowing bitcoin to operate in their country, so there is still a possibility.
jr. member
Activity: 161
Merit: 4
Well, we do not know the real reason why other countries don't want to accept bitcoin even those who accept it is already help the people to earn bitcoin and convert to their local money and help their family too. I don't know why they said that the economy is also affected.
hero member
Activity: 774
Merit: 503
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?

If the countries government do not believe in bitcoin most probably they do think that it is harmful for their country. But there are countries who accept and embrace the use of bitcoin. Sooner if the countries will open acceptance of the crypto currencies it can be legalized and regulated. It is more convenient to use bitcoin and time will come that we will have a cashless society.
member
Activity: 324
Merit: 10
I think that it is difficult to predict whether in all countries or almost in all. But I know for sure that its popularity is growing and it will continue growing. I think that it will spread in all developed countries and maybe then in the developing as well
full member
Activity: 361
Merit: 100
Bitcoin is one of the major crypto currency which can operate  world wide electronically only .Bitcoin has the specific characteristics which are usable to the global community for their day to day requirements such as for the investment, trading, local and international shopping,and also useful for the domestic service bill payment etc.The global community is attracted to bitcoin because of its features like the decentralized  one  anonymity and its all transactions are recorded in an electronic ledger with the block chain technology. The block chain technology is very useful to sustain the legitimacy of the bitcoin to all countries.
newbie
Activity: 30
Merit: 0
Bitcoin is hard to control so I think many countries are still not open for it to be legitimate. These countries have centralized economies and they are used to control or monitor their currency to rein inflation and other  monetary matters.
sr. member
Activity: 532
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?

I still believe that things will change in the future. How far is that future is, I am not sure. What I am certain of is that bitcoin has still years to come and struggles to solve because in this field, problems pop out every now and then. When bitcoin has solved their major issues finally, the government would probably recognize them and the public will be more encourage to join this community.
sr. member
Activity: 868
Merit: 257
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?


Good thing, there are also countries that support and believe to bitcoin and the whole industry of cryptocurrency. It's just matter of jumping to the risks of this industry and using them to create more opportunities. Japan and South Korea are just examples of nations who are wise and bold enough to take this market further and encourage their own economy to adapt on it.
newbie
Activity: 147
Merit: 0
Bitcoin's legitimacy continues to be a big issue, some countries have accepted and adopted its use, whiles others have public declared their that they are against it. Many for the countries are still contemplating whether to accept or not. the Concerns of most of these countries is that it lacks regulation, so a country like China has created its own ledger which has some level of regulation.
This shows that all the governments know about Bitcoin and are considering it. I believe all those who haven't accepted it still think that it will disappear so if they realize that it is indeed a revolution then they will reconsider and have a change of mind
newbie
Activity: 112
Merit: 0
Bitcoin will not create inflation.Inflation is obtained only when the currency is issued in unlimited quantities and then it physically ceases to be valuable.The countries will be divided into two camps. Those who support the cryptocurrency and those who prohibit it.The government are always careful in adapting new types of technology or system for their country.
full member
Activity: 1190
Merit: 212
★Bitvest.io★ Play Plinko or Invest!
bitcoin will be legitimacy when bitcoin has very clear rules and when bitcoin can be used in all countries with clear legality then bitcoin can gain legitimacy, it may take some time to get it.
newbie
Activity: 179
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?

I think in the near future bitcoin will get legitimacy in every country. Experts still debating about bitcoin for its legalization so that governments also support bitcoin as a no. Crypto currency in this world.
full member
Activity: 391
Merit: 100
Countries who are not accepting bitcoin that much will somehow flipped when the time comes that they'll realize the benefits of bitcoin towards their people. So I guess, it will not be permanent at all as everything takes time to be appreciated. Hope other countries will be enlighten regarding the true and good purpose of bitcoin.
newbie
Activity: 36
Merit: 0
In all countries bitcoin will not get legitimacy. There will be countries that will prohibit bitcoin
full member
Activity: 360
Merit: 100
Bitcoins will soon be accepted in most major countries in the near future. The government will have policies to prevent the problem of inflation. Big countries will quickly take advantage of bitcoin to develop their economies.
newbie
Activity: 22
Merit: 0
I heard or read somewhere that it would be an infringement on 1st amendment to ban and in my opinion even regulate cryptocurrency as it's just a sequence of numbers and letters. You can't ban code. Where does it end? I feel like if this became a thing and the govt took steps to ban crypto the ACLU and all kinds of civil rights groups should step up and defend crypto users.
In some countries, any currency other than the national one is prohibited, because of this, not everywhere can regulate. There is another option is monopolize bitcoin, but this is impossible, so it does not work out that way.
newbie
Activity: 10
Merit: 0
Will become legal
But it will be subject to varying degrees of regulatory
This is the result that Bitcoin will eventually accept. Bitcoin is not what the government can prohibit.
They will not give up such a good market
member
Activity: 336
Merit: 12
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.
newbie
Activity: 1
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?
This looks really impossible
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