Topic: Bitcoin will get legitimacy in all countries? - page 41. (Read 2868 times)
Not all bitcoins are legal. There are still many countries that do not allow bitcoin or do not accept bitcoin. China, Vietnam ... do not see bitcoin is legal. Bitcoin is not yet legalized in all countries of the world.
Only a country that does not accept bitcoin that bitcoin is very dangerous and does not give legitimacy and they do not know what the purpose of bitcoin and its benefits so do not ever hesitate or afraid because by not letting go of bitcoin then the country will be left behind because bitcoin is a digital currency has many advantages.
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's true, the majority of governments around the world are against BTC and other cryptocurrencies. The reason is obvious, if they accept BTC as a legal payment system, the governments will lose control over the financial system. Let's see how things move in future, currently it looks very hard.
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?
For thier country and as per laws it is not suitable as the government wants the control of whatever they allow and on btc or other thing they might not have such control due to which they do not prefer. In such scenario they can ban use of such coins if they feel it can be harmful to them.
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I predict that bitcoin will never be fully accepted by some countries, since the bitcoin is unchangeable, all crypto currencies are identical to fluctuations since prices are only determined by Supply and Demand.
Bitcoin will never be legal in any countries at all. The nature of Bitcoin makes it difficult to regulate and control the transactions that is being made. Bitcoin doesn't have anything backing it and the country cannot take any responsibility for the volatility of the coin. The lack of control would likely make tax evasion and money laundering easier. I can't see why any country would legitimise Bitcoin with these in mind.
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 its hard that bitcoin will be legit or allowed in one country. Because some of country they dont allowed that bitcoin will enter their community. To avoid crimes using bitcoin. 
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?
Banks think bitcoin is a big threat so some countries are not making any decision yet about cryptocurrency. I hope for this kind of regulation which is in favor for cryptocurrency. Bitcoin may have a hard time to be accepted in some places but time will come and many countries will follow those who fully accept bitcoin and by this expect the price to climb up. 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?
For thier country and as per laws it is not suitable as the government wants the control of whatever they allow and on btc or other thing they might not have such control due to which they do not prefer. In such scenario they can ban use of such coins if they feel it can be harmful to them.
Bitcoin and blockchain technologies have many advantages. They can change the existing financial sector in a good way making it more economical and quicker therefore when the governments of the countries realize these advantages, i think many countries will switch to blockchain technologies and introduce these technologies in various sectors of the economy.
Maybe bitcoin will get legitimacy in all country but that was too hard.We all know that some countries banned bitcoin due to certain beliefs that it might affect their countries economy.Well lets see in the future if it will really happened.
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?
Although some nation bitcoin will banned because of deep reason regarding to their system but ,,in my nation bitcoin will adapt as subsidy under payment mode method only via coins pH.. despite my government will also doubt regarding to bitcoin system ,but the main essence of this is to have a good sign between us,and I hope someday my government will adapt the hole system at wisheful thinking. 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?
There are countries in which the cryptocurrency is legalized, there are those in which it is prohibited. There are also countries that prepare the legal framework for legalization. To say, when all the countries of the world legalize bitcoin - it is impossible) 
I think it will depend on quite a few different things. For one, a major issue for many countries will be whether or not the people in political power personally have a stake in Bitcoin themselves. If people who have that kind of power also have some sort of investment(even if it's not in actual BTC, but companies ect) then it makes it more likely that they will go and act in their own self interest and not fight against it.
On the other hand, if the people in power have financial interests that are threatened by the legitimacy of Bitcoin or even the existence of it, I don't think we can realistically expect them to do much to make it legitimate.
On the other hand, if the people in power have financial interests that are threatened by the legitimacy of Bitcoin or even the existence of it, I don't think we can realistically expect them to do much to make it legitimate.
Yes in near future bitcoin will get legitimacy in all the countries. Now days many countries banned bitcoin as they think it is harmful for their public. But though they banned it, people still using it. After some time when the whole world will start cryptocurrency then they will also make bitcoin legal in their countries.
maybe so, because bitcoin has not been approved by the government, therefore there must be an awkwardness.
I dont think bitcoin will get legitimacy in all countries in near future. Because the prejudices are hard to break down and most governments are prejudiced against bitcoin.
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.
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 is true your opinion bitcoin always viewed negative and bad by the state that deny the existence of bitcoin in the country, for the problem of legality I think still need process and time long enough
Legitimacy does not depend only on the technology. It also depends on the acceptance of the concept and how it is helping the people within the jurisdiction of the country law.
Bitcoin has been developed with good intentions and anything developed with good intentions need tremendous support to be accepted globally. Banks and governments are still not sure of the regulations and they are scared already - security, the dominance of external powers, etc. It will take quite a bit of convincing to make Bitcoin as a legal tender. However, if bitcoin cannot be used as a legal tender, it does not mean it is illegal.
Bitcoin has been developed with good intentions and anything developed with good intentions need tremendous support to be accepted globally. Banks and governments are still not sure of the regulations and they are scared already - security, the dominance of external powers, etc. It will take quite a bit of convincing to make Bitcoin as a legal tender. However, if bitcoin cannot be used as a legal tender, it does not mean it is illegal.
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