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Topic: Finally Bitcoin is legal in my country 8) (Read 5599 times)

newbie
Activity: 13
Merit: 1
February 16, 2018, 05:51:26 AM
It is nice to hear that bitcoin will be legal incsome country. It is good news also for us to know bitcoin is legal in some country so you and the other people can use bitcoin for free and without worried.
hero member
Activity: 2912
Merit: 556
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February 13, 2018, 10:58:04 AM
in my country bitcoin is well known and popular but our government is not yet ready to legalized bitcoin. if time will come that btc is being legal in our country maybe it will have a tax and posebly its transaction fee also become higher.

I think there are many countries that are not legalized bitcoin yet but I think in the future, many governments will approve bitcoin as a new source for making money and will be legalized bitcoin to be a new way to solve finances problem. but if this is happening, I wonder if there any of tax that we need to pay for making a transaction with bitcoin.
member
Activity: 165
Merit: 10
BitSong is a decentralized music streaming platfor
February 13, 2018, 09:14:51 AM
#99
in my country bitcoin is well known and popular but our government is not yet ready to legalized bitcoin. if time will come that btc is being legal in our country maybe it will have a tax and posebly its transaction fee also become higher.
sr. member
Activity: 1372
Merit: 261
February 10, 2018, 11:38:54 AM
#98
A latest news about 15 minutes ago I found at the social media with a video at TV direct mobile recorded ( CNBC news )
Thier was clearly mentioned that Bitcoin will be legalized , currently the Bitcoin unregulated and this will take about 6
Months to regulate with the new rules against the Bitcoin to control and stop the missuse in illegal activities .
So why not we should have positive thinking about the Bitcoin that have have good future and support by the many countries .
Share your thoughts about the status of the Bitcoin in your country .
Cheers .

What is your country though , but it's awesome congrats , my country phillipines still not approved to be legalize because of the bad image that somehow bitcoin uses for illegal stuffs just "only" illegal stuffs. I think there are still people left who doesn't know about bitcoin , lack of knowledge through bitcoin industry.
member
Activity: 120
Merit: 10
January 13, 2018, 01:57:09 AM
#97
Bitcoin now is legal in my country because one of our government official announced the legalized of bitcoin.
newbie
Activity: 146
Merit: 0
January 05, 2018, 09:09:53 AM
#96
Best luck to you buddy, to the community  and to your government all parties can share the profit and the growth of the bitcoin community will definitely multiply as fast like never been before.
full member
Activity: 182
Merit: 147
December 24, 2017, 12:05:03 PM
#95
That's good to hear! With Bitcoin being legal in your country, you can maximize its potential. I hope you put it in to good use that would not lead to the abuse of its usage. With regards to our country, i guess Bitcoin is legal but not controlled by the government and I hope that it stays that way since I feel like its more at peace with this state. Maybe some rules about hacking or stealing Bitcoin can be done, bit with taxing, I think it would just pave way for the worsening of corruption here in our country.
member
Activity: 336
Merit: 10
December 24, 2017, 04:33:26 AM
#94
now  you can very easy to use bitcoin and you don,t need think about legality.i think in future bitcoin legal in hole world.because bitcoin transaction already like every people.very soon bitcoin legal in my country. 
newbie
Activity: 44
Merit: 0
December 21, 2017, 10:51:44 AM
#93
it is a good news for us to know bitcoin is legal in your country so you and the other people can use bitcoin for free and without worried. . in the future, there will be many more country will know that bitcoin is a new technology that will give many benefits to that country
legendary
Activity: 1386
Merit: 1020
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December 21, 2017, 10:13:47 AM
#92
Well, good for you if its legalization serves you right.

As for me, I am settled with the status that we have at present: Not Illegal but Unregulated. Honestly, I am all for multiplying whatever Bitcoin I have on the assumption that its conversion to fiat currency does really good to my current economic status. If it will be legalized later on, there is nothing more I can do but be submissive to our laws. Hence, I will keep enjoying what it is at present and rip all benefits I can before it is too late in a day to invest in it. 
I'm with this which I don't know why people are rushing out for this thing to be considered or being implemented. I'm already solved out on this current situation same as you said its not illegal but unregulated which we can freely make our actions without worrying too much if we did able to make violations or not. Back in the past where my county doesn't recognize bitcoin too much which we can able to make transactions or activities without strict compliance or does have law but now when bitcoins price did able to reach out 20k usd they are trying to make warnings into the public even banks are being alarmed as of now.
member
Activity: 182
Merit: 10
December 09, 2017, 01:49:59 AM
#91
Well, this is a welcomed development to you and your country bitcoin lovers.all the same, hope the implication of this won't be that too much task will be imposed on the users of bitcoin.
I prefer they make it legal, but not regulated. Because is regulated, I believe tax payment will be more
member
Activity: 420
Merit: 10
December 08, 2017, 02:32:55 AM
#90
Honestly I am very jealous of you because in my country bitcoin is still a long debate. Although there is no legal basis that binds bitcoin in my country but from the government statement for now bitcoin is not yet suitable to be a legitimate payment instrument in my country. By the way I'm from Indonesia.
full member
Activity: 238
Merit: 100
December 06, 2017, 10:08:47 PM
#89
I bet that is the best day ever for bitcoin holders there but in my country,  our government seems like it doesn't impress them at all and giving warnings instead that it's not a good investment and I'm very worried that it will cause to a complete ban on btc but I hope they don't.
jr. member
Activity: 121
Merit: 7
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November 22, 2017, 05:48:07 PM
#88
one day bitcoin will be globally legal and regulated. countries will use cryptocurrencies as a part of their economical transactions for goods and services
legendary
Activity: 2618
Merit: 1105
November 22, 2017, 12:19:27 AM
#87
A latest news about 15 minutes ago I found at the social media with a video at TV direct mobile recorded ( CNBC news )
Thier was clearly mentioned that Bitcoin will be legalized , currently the Bitcoin unregulated and this will take about 6
Months to regulate with the new rules against the Bitcoin to control and stop the missuse in illegal activities .

Ask yourself a question that by saying it, you completely agree and are bound to follow all those "rules" that are needed in order to "regulate" bitcoins? I am completely satisfied on your stance about illegal activities to be stopped after this, but on the other hand, don't you think we are again going on the same path to becoming slaves of the government where we will need to give eachand every info of our transactions to them? At present, they are only tracing your fiat finances, but once bitcoin becomes a regulated thing, centralization will surely take place and mark my words, none will be supporting it but will only let us all back off of it.

Quote
So why not we should have positive thinking about the Bitcoin that have have good future and support by the many countries .
Share your thoughts about the status of the Bitcoin in your country .
Cheers .

Neither bitcoin is supported here, nor they are against it here in my country because it's going mainstream, so they are not talking it too much due to the fact that the more they will say anything about it, the more it will gain attention.
sr. member
Activity: 924
Merit: 255
November 22, 2017, 12:09:23 AM
#86
Glad to hear that, if seen the developments so far Bitcoin indeed is very feasible to be legalized as a more modern alternative currency and very useful.
In my country, the government still hasn't legalized bitcoin, because it's still visible that the government still learning more this new technology ie Bitcoin and Blockchain, they still do not really knowing more deeper and haven't really can managing / controlling, it still worrying about the risks to country's economic system.
full member
Activity: 294
Merit: 101
Streamity Decentralized cryptocurrency exchange
November 21, 2017, 04:16:56 PM
#85
We need bitcoin so knowing that they acknowledge this in different country is good because the price will keep grow if this will continue to spread.I think  8 country is very little because at few years the price keep continue to grow little by little i think not 8 only but this is more
full member
Activity: 1134
Merit: 102
November 20, 2017, 11:46:32 PM
#84
A latest news about 15 minutes ago I found at the social media with a video at TV direct mobile recorded ( CNBC news )
Thier was clearly mentioned that Bitcoin will be legalized , currently the Bitcoin unregulated and this will take about 6
Months to regulate with the new rules against the Bitcoin to control and stop the missuse in illegal activities .
So why not we should have positive thinking about the Bitcoin that have have good future and support by the many countries .
Share your thoughts about the status of the Bitcoin in your country .
Cheers .

Still, we are waiting for the country announcement but in my counties some local government are preparing for blockchain offices in their concerned States but yet we don't have clear indication whether government are legalizing the Bitcoin.
sr. member
Activity: 420
Merit: 255
November 20, 2017, 11:02:50 AM
#83
Well, good for you if its legalization serves you right.

As for me, I am settled with the status that we have at present: Not Illegal but Unregulated. Honestly, I am all for multiplying whatever Bitcoin I have on the assumption that its conversion to fiat currency does really good to my current economic status. If it will be legalized later on, there is nothing more I can do but be submissive to our laws. Hence, I will keep enjoying what it is at present and rip all benefits I can before it is too late in a day to invest in it. 
I fully support your opinion. I can not understand why so many people want the legalization of bitcoin. They do not understand that it will be a terrible moment. States could not justly dispose of the income from the state of the economy. The same thing they do with bitcoin. I think you need not yield to the proposals of legalization of bitcoin even if such proposals would do.
hero member
Activity: 882
Merit: 506
November 20, 2017, 10:30:05 AM
#82
Well, good for you if its legalization serves you right.

As for me, I am settled with the status that we have at present: Not Illegal but Unregulated. Honestly, I am all for multiplying whatever Bitcoin I have on the assumption that its conversion to fiat currency does really good to my current economic status. If it will be legalized later on, there is nothing more I can do but be submissive to our laws. Hence, I will keep enjoying what it is at present and rip all benefits I can before it is too late in a day to invest in it. 
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