Topic: Bitcoin will get legitimacy in all countries? - page 3. (Read 2868 times)
Bitcoin is hard to control so I think many countries are still not open to being legitimate. These countries have a centralized economy and they are used to control or monitor their currencies to control inflation and other monetary problems. It seems to be difficult to realize bitcoin to be legitimate in all countries because there are so many pros and cons to bitcoin. Each country has different thoughts and perspectives on bitcoin. We can not be that easy to force everything to have a common perspective.
In my country, btc is not state-backed, but not banned. Meaning: "What do you want to do, litigation I do not solve"
If that will be happened, it will be great that the countries itself will be able to deald and trasact with the bitcoins in future goals and success that it will reached in many years.
If Bitcoin demonstrates realism and stability, it is possible
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 has nothing to do with the emergence of inflation in any state. States do not legalize bitcoin for other reasons. The Chinese government, for example, last September said that the crypto currency is a danger to the economy of the country, since it allows uncontrolled withdrawal of money from the country, others say that bitcoin is too risky a form of investment and is beyond control and supervision. Also refer to its greater volatility. It is because of these reasons that the legalization of bitcoin and other decentralized crypto currency is very slow.
Bitcoin will surely gain the acceptance of most countries with time. Last i heard South Korea has lifted some bans about cryptocurrencies and also Kenya has installed some cryptocurrencies ATM. It is a long short but we know we are going to get there sooner or later.
I was thinking that someday bitcoin is the only one money in the world will exist and in all country bitcoin will legalize as money and the world will be no cash money and the world will use crypto currency to buy something.
Note: Based on my own perception.
Note: Based on my own perception.
I don't really see the harm bitcoin will cause to a country's economy. In my opinion, through btc, people can gain enough money, invest and use the money mainly within the country and hence benefiting the country in this regard. I believe it is only a matter of time for all to come to understand this.
Definitely not. One good example is China. This country is very progressive and big, if they accept bitcoin its really a big help. But as a one big country they tend to think of something that will benefit most of their countrymen or the country itself. They also want to prevent scams that some of the tokens has no value at all(not only China but most of the country). But as our era is the techie one, many innovation will be provided just to fulfill the gap.
Some countries have thoughts with the other side against Bitcoin in the future and Bitcoin will make big losses for their country.
I think it will still take some more time to get legalized. and bitcoin will be legitimate when bitcoins have very clear rules
Definitely not. One good example is China. This country is very progressive and big, if they accept bitcoin its really a big help. But as a one big country they tend to think of something that will benefit most of their countrymen or the country itself. They also want to prevent scams that some of the tokens has no value at all(not only China but most of the country). But as our era is the techie one, many innovation will be provided just to fulfill the gap.
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?
Countries have contradicting views about Bitcoin because they have different laws on one another, but Bitcoin is the next big thing after the internet, so we can expect to accept this technology in the future but maybe with regulation that will make it adapt to their laws and regulations.
It could be legalize but it depends on country needed maybe they can use it in a mode of transaction and make some mode of payment that consumer gives a comfortable paying on thier needs and wants i hope it could be legalize in some malls to buy anything using bitcoin it has a good imfact to the community they will no longer to give a money on thier wallet. You just click by using our latest technology or any gadget simply by clicking you can get what you want no hussle. Makes consumers to buy faster by clicking on it.
It is hard to say certainly whether Bitcoin will get accepted and legitimate in all countries or not.
From its current state, many countries have already banned it usage. However, I wouldn't want to underestimate its power, because it has made immense growths since its invention in 2009.
From its current state, many countries have already banned it usage. However, I wouldn't want to underestimate its power, because it has made immense growths since its invention in 2009.
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?
Countries have contradicting views about Bitcoin because they have different laws on one another, but Bitcoin is the next big thing after the internet, so we can expect to accept this technology in the future but maybe with regulation that will make it adapt to their laws and regulations.
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 it is unlikely that bitcoin would be acceptable to all countries. if acceptable, would require a long process. can not be controlled because the bitcoin is decentralized.
Well we all want to see it happening, but to be honest, i think that it is more than difficult in some countries in where the regulation is quite hard to controlate.
Yes but i think that a time will come when it will surely happen, Bitcoin is currently very young and it will take a lot of time when bitcoin will becom legal throughout the world, although some countries have already turn bitcoin legal but still a lot of countries have to follow them, they will take the decsion first they finalize their necessary measure about the good and bad aspect of bitcoin
The legality of Bitcoin is an extremely controversial subject, most countries have already rejected it as a legal currency due to the fact that Bitcoin is a decentralized crypto. Currencies are traditionally created by the government and supported by banks and financial institutions. But when it comes to Bitcoins, there is no regulatory body. This causes price volatility, which is not good for economic systems.
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 government does not regulate it could happen, the government to supervise and monitor well of course the results are also good 
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 needs some acceptance, time and trust to be fully legalize. There are countries that seek some information and need some assurance about the latest trend but the most important is the users are increasing and btc become more popular. It means that the digital currency is spreading.
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