Legalization bitcoin - page 9. | Bitcointalksearch.org

Lalafell

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Quote from: jimblasko on October 05, 2017, 12:56:28 PM

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

I think bitcoin is legal to most countries right now and I just wish that the government will not have a power to influence the market of cryptocurrency. Bitcoin is decentralized for one reason and that is to give the people the power and freedom to use their money. If the government will regulate it, the essence will disappear along with the goals of the creator of bitcoin.

jchav010101

newbie

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Some countries has consider bitcoin as legal.Legalization of bitcoin is good and great idea but because some countries opposed it that's why we face a struggle to make it legal but soon it is widely recognized by a lots of people surely the government will implement that bitcoin will be legalized.

missyqt29

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Quote from: jimblasko on October 05, 2017, 12:56:28 PM

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

There are only few countries who ban or limit the use of cryptocurrency like China and India. In most countries, citizens have the freedom to access it since internet is very accessible these days. And there are a lot people who earn money in bitcoin and made it as a career fulltime. The good thing about bitcoin is that you earn a lot here as long as you work hard enough and patient enough to face difficulties while holding.

MetalGear

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Quote from: jimblasko on October 05, 2017, 12:56:28 PM

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

Bitcoin is pretty much recognized in our country and I like to keep it that way. Our government minds its own business here and just says to us to be careful in this field. They never tell that it is a bad thing nor have plans in banning it. Legalizing bitcoin will just be a problem for us because we like bitcoin since it is decentralized and we don't to pay additional taxes for it.

bajigur894784

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Activity: 350

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I think, bitcoin legalization has not happened because many regulators have not found the right legal framework to megatur bitcoin, because digital currencies such as Bitcoin is very complex, the regulators are still confused how to set bitcoin, whether Bitcoin should be set as one currency Or investment assets.

Yle725

jr. member

Activity: 93

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The future is your Genome

At the moment only a few countries have legalized bitcoins and allow their use as a payment method. For the rest of the countries that still do not accept it, I think it will still take many months if not years for the bitcoin to be legalized. But I think we are going in the right direction above all because the bitcoin becomes more popular every day that passes and more and more high-level people are becoming interested in it.

Robertqueen2

hero member

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Bitcoin will be legalized and regulated in the near future for many considerable reasons. One reason is that Bitcoin is based on the 'Blockchain Technology' which is going to be the main hub for the future applications. Secondly, there is a continual and increasing number of gigantic investors who invest billions of dollars in Bitcoin as well as altcoins.

Israel712

newbie

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Speaking about legit, Bitcoin does not need government approval to become a legal tender with the invention of digital currency. Bitcoin is globally accepted as a conventional legal tender, and is thriving.

tidus_13

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Canada, as well as its neighbor from the south, has long legalized the Crypto-currency. It is here that a large number of Bitcoin startups take their start, which are then distributed around the world. In Canada, there are 2 cities that are considered Bitcoin hubs - Toronto and Vancouver, known to most people thanks to the Winter Olympics.

Desmo

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I think that legalization of bitcoin would only show a positive result.I hope that in my country such will happen although someday

maminelly

newbie

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when will legalization bitcoin,this does not happen and there any countries that have legalized bitcoin...or already somehow now it is possible to legalize the income received from Bitcoin...I don't know about other countries but here in the Philippines is legal to use Bitcoin since it has been approve by our Central bank...

pakole69

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OPEN Platform - Powering Blockchain Acceptance

I think that at first it will be very unusual.but I would really like to see how bitcoin will be legalized in the future and how it all happened

Shenlong bay

newbie

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Bitcoin can't be legalized that easily .. It can cause an economic problem for many countries

_yoshi

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I think they are just a few countries where bitcoin and cryptocurrencies are ilegal or forbidden. Until theres no law who forbidd them, they will be legal. Its that simple. So this means cryptocurrencies will be legal in the most countries, because the most of them will need a really long time until they will makes some laws for cryptocurrencies, how to handle them and how to regulate. So untill these days you just have to worry about how to tax them right. When you tax them, you have nothing to fear!

boris singer

sr. member

Activity: 882

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some countries are beginning to recognize legally active state enterprises to be an crypto exchange market, especially in the Asian region. But it is true, here it takes the active owners to stay active communicating so the government is not too skeptical about it. In my country even the CEO of the company can make bitcoin/blockchain associations that continue to develop education to anyone, including the country.

jhache

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Well the income that you make from Bitcoin will get legalized as soon as you pay taxes on it. It doesn't matters if bitcoin is not made legal as long as it is not declared illegal by law. Also I don't think that Bitcoin is going to be legalized that easily as it is something that governments aren't in favor of.

pedagang2

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Activity: 376

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there are some countries that have legalized bitcoin and there are also some countries that still can not accept bitcoin.
but I think it's just a matter of time. and I'm sure one day all countries will legalize bitcoin.

TooDumbForBitcoin

legendary

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Fresh article on this topic with updated facts for some jurisdictions
https://hackernoon.com/cryptocurrency-regulation-update-april-2018-9778df2b6eac

Also Malta can became nice hub for crypto related businesses
https://www.bloomberg.com/news/articles/2018-04-23/how-malta-became-a-hub-of-the-cryptocurrency-world-quicktake?utm_source=TNW&utm_campaign=2293e544ca-EMAIL_CAMPAIGN_2018_01_12&utm_medium=email&utm_term=0_32f70ba9aa-2293e544ca-12729701&mc_cid=2293e544ca&mc_eid=b4e50ad7d0

Development on this issue is ongoing. We are going to see something interesting in the short term.

MendozaCharles

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Quote from: jimblasko on October 05, 2017, 12:56:28 PM

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

It is very difficult for Bitcoin to become a legitimate company, so many people are investing in Bitcoin and getting a profit, when many people invest in it, many people in different countries also participate. Investing in Bitcoin, this makes the government very afraid of the country so it has banned bitcoin in the country.

TYPEcoin

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Despite the techological breakthrough that may and will happen in the future, we will still have some people who'd be using fiat.

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