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Topic: Do you want to see Bitcoin legal in your country? - page 2. (Read 1583 times)

newbie
Activity: 23
Merit: 0
Definitely, I want it to be legal, so that we will be able to easily buy or sell anything without waiting for a transaction to get authorised and then get released. It will be done directly from the wallet within nanoseconds, and that will add a lot to the development of the country.
member
Activity: 868
Merit: 38
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I really want Bitcoin to be legal in my country(Nigeria). I don't see anything harmful about introducing it to the economy in anyway but the positive aspect.  The government should even start from lifting the ban placed on its trade, this will be a good way to start
If bitcoin is legal to your country will it boost your country economy? Will government of your country accept payment of any kind to be use with bitcoin? Those countries that bitcoin is welcomed are using bitcoin as process of economic achievement for the country because they massively agreed for bitcoin condition's without having double thoughts.
full member
Activity: 640
Merit: 104
Bitcoin is still legal in many countries and illegal in many countries. Do you want, Bitcoin to be legal in your country? 
Do you feel the need to legalize Bitcoin in your country?
Are your ideas about Bitcoin positive or negative?
What is your personal opinion about this?
What do you think, if bitcoin is legalized in your country, the country will be improved or will be damaged?
I definitely want Bitcoin to be legal in my country, and I feel the need to make Bitcoin legal in my country.

I really want this to happen in my country because not all countries have legalized Bitcoin. At the moment I have Bitcoin but I can't use it as a means of payment in my country. I recently received information that the government in my country will issue digital money to make it easier to shop and travel to faraway places. Hopefully in the near future the government in my country can accept Bitcoin as a means of payment.
full member
Activity: 616
Merit: 161
It's not just about it being legal, it's about it being recognized. Losing its stigma and being recognized as a solid investment and a great idea, and will in turn prompt the government to make withdrawing BTC easier and safer. It's not illegal in my country, it's just discouraged, and that is a huge issue on its own.
sr. member
Activity: 1932
Merit: 442
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Of course, because it is necessary to legalization of bitcoin in my country,and I know one day my country must legalizebut I want it to be as soon as possible.and this will be good thing for my country ,not only for my country but All world Will get benifit by bitcoin because the bitcoin will be second popular currency.
Well on my side, I don't want legalization but I like my country towards crypto or bitcoin treatment --they don't want to legalize it but they quite keep not telling to these people. Besides, they acknowledge that bitcoin is an alternative payment system and also it has a high risk upon investing in it. Because when we are talking about legalization, they have full control of your asset, you are enforced to pay tax, and others that make the crypto becomes legal.
hero member
Activity: 2730
Merit: 632
Of course, because it is necessary to legalization of bitcoin in my country,and I know one day my country must legalizebut I want it to be as soon as possible.and this will be good thing for my country ,not only for my country but All world Will get benifit by bitcoin because the bitcoin will be second popular currency.
It would be such a great convenience if we do see that crypto is legal on the country on where we do live in.You wouldnt really be that mindful or would be hesitated when dealing with crypto if you do know that is legalized on your country which means you could freely make out some engagement without minding about bans and prohibitions but well this is something that cant be possible on any country because government itself would be the ones who do make out such decisions and for now the only
thing we could do is to wait up until that happens but actually we could still make out some engagement because not all had made out their decision yet.
jr. member
Activity: 546
Merit: 1
Of course, because it is necessary to legalization of bitcoin in my country,and I know one day my country must legalizebut I want it to be as soon as possible.and this will be good thing for my country ,not only for my country but All world Will get benifit by bitcoin because the bitcoin will be second popular currency.
legendary
Activity: 3262
Merit: 1130
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for the quite popularity in the world wide, many countries are going on the way of legalizing as like as bitcoin has legal tender in el salvador in this year.
government of my country is still really confused about btc legitimacy, so i do not think btc will be legal in my country anytime soon. btw expecting within last few years.

The countries that legalized bitcoin are few, I've only seen El salvador and japan if I remember correctly, other countries are neutral and some have banned bitcoin so it's normal that in your country they still haven't legalized bitcoin, I think when countries like them US legalize bitcoin so all other countries started to follow the same path. other countries are just watching the steps the big countries will take in relation to cryptocurrencies
legendary
Activity: 2772
Merit: 1888
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Every succesful country people wanna see Bitcoin legal in there country. It is new and digital currency and educated people know that and they are giving priority to it.
Bitcoin or cryptocurrency in a country may have legalized it. But the meaning of legal in crypto will not be completely legal. Because some developing countries only legalize crypto only as a commodity asset and are not allowed as legal tender like FIAT. Countries that actually legalize Crypto or bitcoin are starting to adopt and provide bitcoin payment options for transactions made in their country. An example is El Salvador.
Legal does not mean free, there will definitely be restrictions and some adjusting rules.
member
Activity: 434
Merit: 11
Every succesful country people wanna see Bitcoin legal in there country. It is new and digital currency and educated people know that and they are giving priority to it.
hero member
Activity: 1400
Merit: 770

I'm sure every member of this forum who invests in Bitcoin would want Bitcoin to be legal in their country, because by being legal in our
respective countries, we can be more calm and proud to use Bitcoin.

My country grants Crypto legal permission only as an asset, not as a means of payment. That alone has made me very happy. I am very confused if my country will ban all crypto-related activities.  My country making it legal within commodity limits has provided enough room for traders to improve their financial. I didn't expect more, the space given in my country was already huge. But if later they will legalize of course I would be happy, maybe legal as a means of payment but there will be even stricter regulations if that happens.
full member
Activity: 1736
Merit: 116
Of course we all also hope that how bitcoin can be legal in my country and can be shown publicly that bitcoin is a crypto-based investment so that there will no longer be negative opinions about bitcoin if bitcoin has become legal in a country, but for now we haven't been able to see the widespread adoption of bitcoin because bitcoin is still not legalized in my country

I'm sure every member of this forum who invests in Bitcoin would want Bitcoin to be legal in their country, because by being legal in our
respective countries, we can be more calm and proud to use Bitcoin. But I am grateful that my country has legalized Bitcoin, even if it is only
as a digital asset. Unfortunately in my country even though Bitcoin is legal as a digital asset, there are still some people who view Bitcoin
negatively. I still really hope my country can legalize Bitcoin entirely, so that I can use Bitcoin as a means of payment. I don't know which
country you are from, but I hope your country's government can change its mind and legalize Bitcoin. As more and more countries legalize Bitcoin,
there will be massive adoption and it will happen in the future. Now the development of Bitcoin is quite rapid, there are countries that have
legalized Bitcoin as a legal tender, hopefully many other countries soon follow to legalize Bitcoin as a legal tender too.
hero member
Activity: 1904
Merit: 510
Of course we all also hope that how bitcoin can be legal in my country and can be shown publicly that bitcoin is a crypto-based investment so that there will no longer be negative opinions about bitcoin if bitcoin has become legal in a country, but for now we haven't been able to see the widespread adoption of bitcoin because bitcoin is still not legalized in my country
full member
Activity: 1974
Merit: 101
there are already several countries that have legalized bitcoin and until now my country has not legalized bitcoin. i don't really care if bitcoin is legal or illegal in my country. Even with this situation, I am quite comfortable because I use bitcoin not for transactions but for investment.
full member
Activity: 756
Merit: 105
we are the same, because in my country bitcoin or crypto money is not legal. we are like rats who always hide to get. In fact, in my opinion, if my country accepts and approves bitcoin, it will have a positive impact on the trade sector, let alone export and import. But it can't be helped, we as good citizens must obey the existing regulations.
full member
Activity: 532
Merit: 107
It's big legal battle against the big bank and institution as well govt. But We all know that Bitcoin will come as winner soon or later, it could be 5 years or 10 years. Even though most of the countries bitcoin not legal but it's not illegal also kind of grey area.
hero member
Activity: 1484
Merit: 928
I believe almost everybody will want bitcoin to be legalize in there country, actually lots of people are still against bitcoin which they don't believe in bitcoin and even government don't really believe in bitcoin because it is decentralized they dont have any control over it but to me the best thing that will happen to me now is legalizing bitcoin.
hero member
Activity: 2156
Merit: 670
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I don't want the government to interfere with Bitcoin in any way, being legal or illegal means that the government has a level of control which is against the whole concept of decentralisation. Government should not control every aspect of our lives so I would not want them to legislate on Bitcoin.
But sometimes, we cannot be separated from the government rules when we are living in a country. Although we actually can do this with or without the rules because we can still approach Bitcoin.
However, if a country really bans Bitcoin and other cryptocurrencies, it will really make the citizens have some limitations or feel so difficult to interact with crypto.

In Indonesia, the government has legalized crypto as a digital asset that can only be used for investment and trading need. I think you are Indonesian too and about this legality I also want to convey that Indonesia and its government prohibit crypto being used as legal tender, I think you have known this for a long time.
Yes exactly, and this has been on a rule in the country.
Crypto is legal as a commodity asset, but not legal as a currency.
We can still do investment and trading based on our own risks and that is why we must be more careful, smarter, and also wiser when going to invest or trade cryptocurrency.
Although there is a bad issue right now about the statement from one of MUI branch in our country, but it seems that the statement still becomes a debate.
member
Activity: 756
Merit: 16
We All Can Make It
I don't want the government to interfere with Bitcoin in any way, being legal or illegal means that the government has a level of control which is against the whole concept of decentralisation. Government should not control every aspect of our lives so I would not want them to legislate on Bitcoin.
legendary
Activity: 2660
Merit: 1141
it's a very good support from the government if they legalize bitcoin. in my own country, bitcoin is legal as an investment tool if the commodity is clear. however, there are so many regulations in my country that push bitcoin, or cryptocurrencies in a negative way. in fact, many think crypto is a bad thing without them learning it first. however, this is still better than seeing bitcoin or crypto banned in my country.
In Indonesia, the government has legalized crypto as a digital asset that can only be used for investment and trading need. I think you are Indonesian too and about this legality I also want to convey that Indonesia and its government prohibit crypto being used as legal tender, I think you have known this for a long time.

So far I am haven't seen any sign that the Indonesian government want to change the regulation of crypto to this day and it is still illegal to use it as a currency. I haven't heard much pressure from some government agencies and bank to legalize crypto as a currency and this will probably last a long time without much change. But of course its legality as a digital asset has brought many profit to its users.
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