Do you want to see Bitcoin legal in your country? - page 3.

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Quote from: kawetsriyanto on November 08, 2021, 06:48:12 PM

Bitcoin is legal already in my country although it is only allowed to be a digital asset for now. All business and activities related to Bitcoin are allowed, except using Bitcoin as a payment tool. Someday, I expect to see Bitcoin can be a payment tool as well in my country. I think it is possible if Bitcoin has been already an international payment tool. So, our government probably considers accepting it as a payment tool because it becomes an urgent need. Let's hope it really happens!! Wink

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.

bosede1

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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

Tigerheart3026

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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.

nicolerichardson

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Frankly, I am okay with bitcoin not being a legal tender because it’s not prohibited and I have my full control over it. As there are fewer government interferences I am free to make my decisions solely on the basis of what I want to do.

Alisha-k

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I feel like if Bitcoin is made legal in most countries where it is still considered as illegal, it wouldn't only be of benefit to just the citizens but it would also benefit the countries economy especially the poorly banked countries, they'll be low transaction cost and it will give powers to entrepreneurs. It isn't considered illegal In my country though it hasn't gained recognition from the government as a legal tender.

ropyu1978

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At this time, we can't say bitcoin is illegal.it's just that bitcoin has not received recognition from several countries widely where as implemented in El Salvador, but for my country bitcoin is not widely adopted and does not get legal recognition from the local government, therefore so now we hope that bitcoin can be legalized and widely adopted by any country in the world

lienfaye

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Quote from: tokyohd on October 04, 2021, 10:08:48 PM

Do you want, Bitcoin to be legal in your country?

Well, Bitcoin is not set as illegal here, but even the Government is not making bitcoin as legal tender its not a problem since we are not prohibited to use it. If its set as legal then that would be even better because the use of Bitcoin will become widely and not only limited to few merchants and businesses who allow themselves to accept Bitcoin for being a users/hodlers too.

In the future I have doubt that bitcoin will be set as legal tender here since we know it cant be controlled by the Government.

Hippocrypto

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Quote from: MinoRaiola on November 14, 2021, 07:37:45 AM

Quote from: tokyohd on October 04, 2021, 10:08:48 PM

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I definitely want Bitcoin to be legal in my country, and I feel the need to make Bitcoin legal in my country.

Do you want, Bitcoin to be legal in your country?
- That would be nice.

Do you feel the need to legalize Bitcoin in your country?
- This is not required in Germany, but it is tolerated. The economy is doing well. Many people could live well since Corona even if the prices for food, electricity, gasoline and much more is higher. If inflation going up, then more people will buy Bitcoin.

Are your ideas about Bitcoin positive or negative?
- Here, not many can do anything with it, they don't understand it, or soccer is more important.

What is your personal opinion about this?
- There are too many people who don't understand Bitcoin and the blockchain, that's the only reason they aren't in.

What do you think, if bitcoin is legalized in your country, the country will be improved or will be damaged?
- Difficult question. I would say: Currently ist is not healthy.

Indeed. Most of us in the restricted countries know what a bitcoin legal countries are enjoying, the citizens of such countries will have the opportunity of carrying out businesses using bitcoin. It would be nice to be legalized in my country since it is a big help for everybody. Rich or Poor can have bitcoin to earn enough money for financial needs. I think, governement in our country would not accept bitcoin to be legal but, I think it needs to be legalize because theirs lot of unemployment here in our country who needs a job for them to earn and sustain their daily needs. I'm sure if Bitcoin is legalized in my country it will definitely make the country better.

bhooscream

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Quote from: RILWAN on November 14, 2021, 04:58:18 AM

Most of us in the restricted countries know what a bitcoin legal countries are enjoying

What do you mean? Of course, people enjoy Bitcoin if it is legal in their countries. People even can use Bitcoin as a payment tool in some countries. While in some countries, they only can use Bitcoin as a digital asset. And those people who are not lucky because their countries ban Bitcoin, may need to wait for the time when the governments legalize it. If there are more demands, the governments probably consider it to be legalized.

Quote from: RILWAN on November 14, 2021, 04:58:18 AM

I will love to see my country lifting it ban against bitcoin and tapping into the advantage that come with bitcoin.

Where do you come from?
Be patient, there will a chance for you to take advantage of Bitcoin in the future. You government will consider to legalize Bitcoin because there are already many countries legalize it and take a big advantage of it.

MinoRaiola

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Quote from: tokyohd on October 04, 2021, 10:08:48 PM

~
I definitely want Bitcoin to be legal in my country, and I feel the need to make Bitcoin legal in my country.

Do you want, Bitcoin to be legal in your country?
- That would be nice.

Do you feel the need to legalize Bitcoin in your country?
- This is not required in Germany, but it is tolerated. The economy is doing well. Many people could live well since Corona even if the prices for food, electricity, gasoline and much more is higher. If inflation going up, then more people will buy Bitcoin.

Are your ideas about Bitcoin positive or negative?
- Here, not many can do anything with it, they don't understand it, or soccer is more important.

What is your personal opinion about this?
- There are too many people who don't understand Bitcoin and the blockchain, that's the only reason they aren't in.

What do you think, if bitcoin is legalized in your country, the country will be improved or will be damaged?
- Difficult question. I would say: Currently ist is not healthy.

molsewid

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Quote from: coupable on November 12, 2021, 06:54:16 PM

A lot of questions in OP. I may want to respond to few of them.

Do you want, Bitcoin to be legal in your country?
Yes I do.
Do you feel the need to legalize Bitcoin in your country?
An urgent need. We have an active community in the crypto field and many of them got in trouble with the authorities for several reasons related to bitcoin use.
Are your ideas about Bitcoin positive or negative?
Of course positive.
What is your personal opinion about this?
We should have an impressive impact fact that will lead to larger adoption
What do you think, if bitcoin is legalized in your country, the country will be improved or will be damaged?
Any country will be improved if bitcoin is legalized. Bitcoin even help improving countries where it is not legalized.

With the lots of question of OP I would like to answer the main question of "do I want bitcoin to become legal in our country?", my answer is definitely yes, though currently here in my country the government bodies didn't take any action yet with regarding to cryptocurrency, what I mean is it is not announce as legal but not also considered as illegal but I would still looking forward that they vision for a large adoption of crypto here in our country because I believe that it will give a boost to our economy. Somehow, the last few months they already keep an eye on crypto earner and wanted to implement every crypto earner to pay tax but unfortunately I don't think so how they may do it since they are not yet legalize crypto.

RILWAN

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Most of us in the restricted countries know what a bitcoin legal countries are enjoying, the citizens of such countries will have the opportunity of carrying out businesses using bitcoin. I will love to see my country lifting it ban against bitcoin and tapping into the advantage that come with bitcoin.

mamesso

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Quote from: tokyohd on October 04, 2021, 10:08:48 PM

Do you want, Bitcoin to be legal in your country?

The government in my country has officially allowed cryptocurrency trading on futures exchange, and has accepted hundreds of cryptocurrencies including Bitcoin. However, it is still considered illegal to be used as a means of payment.
Legal or illegal bitcoin in the country I live, I don't care. Basically I can still use Bitcoin until now.

Quote

Are your ideas about Bitcoin positive or negative?

Bitcoin has the potential to disrupt the financial stability of the country due to the high inflation of the value of money due to the Bitcoin trend. Bitcoin cannot be used as a medium of exchange, its circulation is not regulated at all and does not receive a guarantee from the government, Especially the central bank.

Quote

if bitcoin is legalized in your country, the country will be improved or will be damaged?

Money in digital form is not always safe. No matter how clever someone hides a Bitcoin wallet access code or private key, still has the possibility to be hacked. If the of Bitcoin owned are lost, then there is no legal institution that guarantees or can not return again.

zaesvlas

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Of course I would like to. Primarily due to a number of fees that have to be paid when Bitcoin is illegal.

Mauser

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In my country bitcoins are still legal and I hope its going to stay like this. The rising number of countries talking about banning crypto currencies makes me worry a bit. It wouldn't even need to be a ban, already strong regulations on bitcoins and other cryptos could be very bad for us. Special tax regulations would be on issue that makes investors scared to invest more in crypto. My dream for the future in my country would be for bitcoins to become a legal tender used by the Central Bank. For example, if we could choose to pay taxes in bitcoins or receiving any government funds in bitcoins in stead of fiat would be awesome. It's steps like that, that would mark the new era of cryptos. Once larger countries, not only El Salvador and Cuba, switch to bitcoins, we could finally move away of a financial system that is only based on fiat money.

KaliLinux

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Quote from: tokyohd on October 04, 2021, 10:08:48 PM

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.

Well, for me I believe that it would be better if Bitcoin is made legal in my country thought now we can still trade it on different exchanges and do fiat withdrawals via P2P, it would be less restful and more profitable if it were not banned by the Government. We could say we don't care if it is made legal or not since we can find some sie to spend Bitcoin online but we understand this does not cut across everything we want in our daily lives so I'd prefer it be legal.

Ebede

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Anyone that knows bitcoin and invest into it will like bitcoin to be legalize in his country, right now i can say that bitcoin is been legalize in all the countries across the world the basic things we have to put into consideration is that if bitcoin is legalize everywhere the amount of tax government will give people who is using it and it will make people to reject bitcoin, but some countries which bitcoin is fully recognize and adopted for any exchanges have never write to us here bad emphasise of bitcoin over there.

coupable

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Quote from: tokyohd on October 04, 2021, 10:08:48 PM

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.

A lot of questions in OP. I may want to respond to few of them.

Do you want, Bitcoin to be legal in your country?
Yes I do.
Do you feel the need to legalize Bitcoin in your country?
An urgent need. We have an active community in the crypto field and many of them got in trouble with the authorities for several reasons related to bitcoin use.
Are your ideas about Bitcoin positive or negative?
Of course positive.
What is your personal opinion about this?
We should have an impressive impact fact that will lead to larger adoption
What do you think, if bitcoin is legalized in your country, the country will be improved or will be damaged?
Any country will be improved if bitcoin is legalized. Bitcoin even help improving countries where it is not legalized.

kawetsriyanto

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Bitcoin is legal already in my country although it is only allowed to be a digital asset for now. All business and activities related to Bitcoin are allowed, except using Bitcoin as a payment tool. Someday, I expect to see Bitcoin can be a payment tool as well in my country. I think it is possible if Bitcoin has been already an international payment tool. So, our government probably considers accepting it as a payment tool because it becomes an urgent need. Let's hope it really happens!! Wink

Vaskiy

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Myself doesn't want my country to legalize cryptocurrency, because for years the country is making decisions and discussion on cryptocurrency regulations. Suddenly they announce it is banned and later they give different statement on adopting Blockchain technology. However in all time period I'm continuing to use it through one way or the other. For this reason even it is regulated/legalized isn't gonna be a big issue for me. Maybe if I'm a big holder I'll think of it.

As of now I'm satisfied with the recent decision of bitcoin being an asset and not a legal tender which is the base for further progress as legal tender.

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