Pages:
Author

Topic: Bitcoin will get legitimacy in all countries? - page 38. (Read 2868 times)

member
Activity: 266
Merit: 10
If the United States and other large countries continue to accept bitcoin.
Then other small countries will accept bitcoin, because bitcoin is a new thing and has its value.
newbie
Activity: 182
Merit: 0
Why not every thing is possible and because of the easiest transactions I know that all countries will be adopting bitcoin as one currency.  For that we will achieve unity and all transactions will be made easy and accessible to all.
newbie
Activity: 71
Merit: 0
I think Bitcoin will be acceptecd as baseline of cryptocurrency all over the world.
At first time I don’t agree that bitcoin will innovate the currency but it has been being used to buy altcoin or ICO.
Because the quantity of bitcoin that is published are limited, the will be expected to be increased.
If there is an nation that don’t allow the coin, they will lost the oppotunity to preoccupy new market and forth innovation. In this reason, they cannot help legalizing the coin in the nation.
newbie
Activity: 154
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?

In my opinion, btc could become legitimate if there is an international law that could pass along the international constitution which could legalize btc as a currency. Then it will be much easier for BTC to be accepted in all countries.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
bitcoin is already legal in majority of countries around the world and the handful of them that have actually banned bitcoin like Bangladesh and 2 others will not change their stance for at least another 10 years.

but i do believe that bitcoin will be regulated in all these countries eventually too (it is different from being legal). it is because they can not prevent the adoption so it is always better to regulate it rather than fight it.
sr. member
Activity: 696
Merit: 258
Bitcoin have just started its acquiring skills on major countries like Russia and European Unions. More and more countries have started accepting Bitcoin and few countries are Japan, Singapore, Canada and few more. I think all the remaining countries are reviewing their tax laws and other things to accept Bitcoin in their country.
newbie
Activity: 112
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?
Counties and their Governments can't control the BTC/crypto and if you don't control the money flow that's in circulation and the inflation you don't have a stable Government.
Why would any politician do that to himself?
All of them just want to make more money, not to lose their position of power.
newbie
Activity: 126
Merit: 0
The only thing I think that is harmful to everyone is this ICO project that was created to scam people with their money and run away after doing it so and the thing that will be affected is the Bitcoin. But Bitcoin will be accepted soon in all countries.
full member
Activity: 532
Merit: 100
Well,  I mean if you can compare that between the country where bitcoin was acceptable and not it's so much different, there too many country which accept bitcoin than not. So, from those data you can see that only a good country for their economy using bitcoin.
member
Activity: 434
Merit: 38

In my opinion, yes. Maybe not official government approved, but I think you will be able to buy goods with it everywhere in the world in the future  Wink
full member
Activity: 924
Merit: 100
GoMeat - Digitalizing Meat Stores - ICO
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?

Inflation happen because central banks always print money to boost economy growth. I think its not right that bitcoin can increase inflation because bitcoin have limited supply. Bitcoin dont approve by government because government can not control bitcoin supply
sr. member
Activity: 1078
Merit: 254
Hopefully in the next few years bitcoin will gain legitimacy in all countries, though it is impossible for that to happen right now since bitcoin has been banned  from several countries so I don't know if it may be possible, though I really do hope that it may be legitimate in the future.
member
Activity: 336
Merit: 10
If it says bitcoin will not get all legitimacy, it is wrong. Proven, some countries have recognized and granted legal status to bitcoin, such as Japan, Russia, Finland, and there are still some more. I think if a country welcomes the presence of bitcoin then the country will actually benefit more. For example, the country's per capita income will increase. However, the state although legalized can still make policy with the law. Such as setting a tax for a value of 1 bitcoin in that country, how much percent. Maybe a country that does not legitimize bitcoin because they're not ready yet. For people who choose transactions with bitcoin will be more prosperous, prosperous, and sufficiency.
full member
Activity: 420
Merit: 101
I'm sure many countries is looking on the technology of blockchain. Many countries is very positive about it but the only concern is bitcoin going to be legally accepted by many countries as it can't be basically controlled. I think with proper guidelines in place, bitcoin will provide a better opportunity. 
hero member
Activity: 3080
Merit: 603
Many countries think that Bitcoin is harmful for their country. They think that Bitcoin will create inflation in their country. But is that right?
Inflation isn't the real reason why some countries are not willing and ready to accept and adopt bitcoin on their system. Bitcoin has been popular before in the dark marketplaces so probably that news reached the entire authorities of each countries who are worried about it. But the fact that bitcoin can't only be used that way because it can be use for good too.
Will Bitcoin never get all the legitimacy?
Countries that made bitcoin legal and illegal.
member
Activity: 167
Merit: 10
I hope it will. Because everyone is waiting for the legitimacy of bitcoin in all countries. Actually some countries has bitcoin itself, it is legalize. But for some other countries we wish that they legitimate the bitcoin for us. It would be so grateful to the users who use bitcoin in their country that it is legalize already.
member
Activity: 318
Merit: 10
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?

Maybe in the future the government can realize that bitcoin has many advantages and they want to apply cryptosystem then bitcoin can be legal in all countries.
sr. member
Activity: 700
Merit: 260
yes maybe because the bitcoin regulation that can not be overcome by many countries. developing countries will be difficult to make regulations about bitcoin in my opinion, even developed countries some still have doubts about bitcoin. although bitcoin is widely known in many countries but it still raises the government debate.even in my own country there is no clarity about bitcoin regulation. but I believe in the future bitcoin will be known to many people in my country.
hero member
Activity: 1190
Merit: 534
I think it in a reverse way, Bitcoin is just a vehicle that is faster, smarter and better than the traditional fiat infrastructure for transferring monetary values from one point to another. If the government is legalizing it and if our plan goes as per our expectations then it will optimise the economy resulting in the higher output and higher growth rate the international level. It doesn't make any sense to avoid it just because few people are using it in a wrong way. I believe that decentralization is the future and it is a truly democratic way of dealing with each other.
full member
Activity: 504
Merit: 101
If a country wishes to inaugurate the existence of bitcoin inevitably the agreement between the government and the population is very important so the future is not too detrimental to anyone and a big hope for bitcoin is to improve the economic system.
Pages:
Jump to: