Topic: Bitcoin will get legitimacy in all countries? - page 34. (Read 2868 times)
It's too early to make the prediction about that. But in the short run, that Bitcoin is considered legal in all countries is just impossible. Most governments have maintained negative attitudes toward Bitcoin and other types of cryptocurrency, for fear that cryptocurrency is concerned with illegal activities like money laundering.
In future digital currency become worth full and paper money would be worthless cause world becoming more digitalised and people are addicted by virtual currency
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?
Some people think this also a bubble and some people uses bitcoin for harmful actions/illegal acts thats why some countries make it illegal and they ban bitcoin. Bitcoin will be legal but only in few countries. Maybe in the future all country will see the importance of bitcoin and it will be legal in the whole world.
Yes, i suppose that upcoming year bitcoin will get legitimacy in all countries.cause already many countries people accept in bitcoin.and sooner bitcoin will all country formaly will be legalized...
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 seems to me that not all country thought that bitcoin is harmful for their country. Bitcoin is just like the other currency the difference between and other currency is bitcoin is can not control and its volatility. For sure, the countries who accepted it has trusted bitcoin even if they can not control it. Even though that some country banned bitclin as time goes by for sure it become legal in may countries in the world who knows, the innovation of technology is becoming better and better so its impossible if it can not become legal in many countries in the future.
I don't think so. Many countries are still quite reluctant in accepting this system due to some political issues. Or even some agenda in attempt to control and manipulate Bitcoin for their own gain which could not be achieved so they would ban it instead or declare it as illegal.
It will be hard for bitcoin to be legalized in all countries but I believe that it will happen in the next next years..because in this world of new technology we need a currency like the bitcoin to serve as an international money.. we dont need to go to money changer to change our money instead with btc..it is easier to transact and buy things.
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 you will search on this further, you will come to a conclusion that Bitcoin will not get a 100% legitimacy across all nations. Some have accepted it, some even declared it as an asset. But a number of countries also declared Bitcoin as illegal. The idea of Bitcoin being a world currency like the dollar would most probably remain as a dream due to some complications with world governments.
I think Bitcoin will get this but it will take a some years because they have to change their point of view.
Bitcoin is not just that well made for the system of the government. Maybe sometime in the future the government will have something to accommodate Bitcoin and it will be legitimate for use in all countries.
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?
That may be true. Because Bitcoin is always manipulated and we will not be able to evaluate the actual value of any altcoin.But in order for the Crypto market to be legal worldwide, it would have to be taxed and controlled by the SEC. This is the best way for the Crypto market to improve and become a safe and clean market. No longer cheated, no longer being hacked.
No. I suppose the end of this whole transaction is that some countries wont accept it as a legal tender in thier countries but will allow it to run as other means of running the country as a way of globalisation. It will not but it will be accepted for transactions.
A lot of countries banned Bitcoin and since then, I don't think that all of the countries will be able to legalize Bitcoin in their countries. I think if some miracle happened, and Bitcoin was developed in the future, I guess it may happen.
Bitcoin is an asset to people these days that is the reason that it will not happen. Bitcoin is volatile and decentralized that makes it a bit of a knockback to the government but still there are countries that embrace the technology since it can bring a lot of efficiencies on transactions especially online. Using a mobile phone just to pay for something is really efficient.
No. I suppose the end of this whole transaction is that some countries wont accept it as a legal tender in thier countries but will allow it to run as other means of running the country as a way of globalisation. It will not but it will be accepted for transactions.
A lot of countries banned Bitcoin and since then, I don't think that all of the countries will be able to legalize Bitcoin in their countries. I think if some miracle happened, and Bitcoin was developed in the future, I guess it may happen.
Bitcoin is an asset to people these days that is the reason that it will not happen. Bitcoin is volatile and decentralized that makes it a bit of a knockback to the government but still there are countries that embrace the technology since it can bring a lot of efficiencies on transactions especially online. Using a mobile phone just to pay for something is really efficient.
In my views, I think bitcoin will do no harm to any country that concerns to economy and inflation. With bitcoin, it could help the economic status of a certain country where there is high unemployment rate where in people from that country can have the opportunity to make an income through joining in signature bounty campaign. I think that in the near future bitcoin will be somehow be accepted and legalized into some countries considering the benefits that it can provide to the people.
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 that bitcoin is going to get restricted by any rule in any country because bitcoin is that powerful technology which is more better than our normal banking system technology , so here surely here priority will be more with the bitcoin then with another technology of the system .And also here we can see that bitcoin have no limit to use , so even a rule can make a government but they can't stop people to use bitcoin in actual , so here lots of chances are that they will just legalise and make few rules to use bitcoin in some limit with high tax .
There is a lot of factors to consider in making legitimate of bitcoin in all countries. There are still countries did not accept bitcoin because of some reasons and bitcoin is a decentralize digital currency. If one country make bitcoin legitimate it will become centralize which is they can put rules and regulations and we need to be tax. So,it is far to a possibility to get legitimacy of bitcoin in all countries.
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 own opinion...I think there is a big chance that bicoin get a legitimacy in all country because some big country now getting know better about bitcoin and they already started to accept bitcoin In thier respected country.They think bitcoin can give more inflation and a big help especially in their economics status,and sooner bitcoin will known in all country and this is the way bitcoin formaly will be legalized...
No. I suppose the end of this whole transaction is that some countries wont accept it as a legal tender in thier countries but will allow it to run as other means of running the country as a way of globalisation. It will not but it will be accepted for transactions.
In my country, I think it's a long journey before the people accept bitcoin because most of people including the government dont know what bitcoin is.. They just keep saying and spreading the word to the other people that bitcoin is just a scam.. And I think that kind of perspective is the people that knows nothing.. And it's so many in my country.
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.
I really agree with you, I also want the legitimate bitcoin in my country. in my country bitcoin still not legitimate, but the government has begun to draft rules on bitcoin. I hope bitcoin is immediately legal in my country. . 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.
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