I voted for public awareness. I think sufficient awareness is a signal for legalization. We do not forget that governments should fulfill the will of the majority.
Yes these are very important for bitcoin and every single user must play its role to do awareness of bitcoin to the people such as we can share bitcoin on social media also we can invite some of our friends to join bitcoin and if bitcoin start to be legal in every country so I’m sure in a night million of people will join bitcoin and same investors and daily traders will be also increased and there is a possibility that bitcoin will replace dollar soon. 
Topic: Legalization or public awareness? (Read 806 times)
Legalization because if the government makes it legal people will be aware the bitcoin is exist.
As we all know few countries are banning cryptocurrencies. But are the people aware of cryptocurrencies' existence before it gets banned / legalized in their country?
Some are aware of it and those who are not aware and just later on knew it that crypto was banned on their country will do nothing as if they are not interested with it. Bitcoin needs to be legalized and also need to raise public awareness. Most of the central banks will warn their citizens about the risk that new investors will come in but that's enough for them since they are just trying to protect their people.
Of course, legalization is more important, because as soon as it is legalized, everyone will report it and thus public awareness will come
Legalization is more important that public awareness. Bitcoin get enough public awareness, what bitcoin really need is countries legalization, so there will no more afraidness for bitcoin users to use their bitcoin. Thrust me bitcoin community is big enough now, even its more than enough to make the price keep increase.
Well,I want to say about public awareness. It is very needed in this respect. There are maximum people is living in the world who don't know about Bitcoin and it's details. To solve any problem, public awareness is very important. Without public awareness, the problem will not be solved. So,public awareness is needed in all situation.
Well, for me, public awareness should comes first. Some countries are banning bitcoin and other cryptocurrencies because they see it as a threat or as somewhat related to scam. However, they view this as such because they don't have any idea what bitcoin and cryptocurrencies are. They don't know its capabilities and potential, or even what it is all about. Men, we often view things that are unknown to us, as a threat. That's why I think being aware of bitcoin and cryptocurrencies will open the minds and the eyes of these law-making individuals who are prone to banning bitcoin.
It is about public awareness and legalization, but the larger most significant premise that needs to be focused on is acceptance of bitcoins as a genuine currency/means of monetary trade.
World have invented amazing technology named "Blockchain", which can be implement and use for day to day. Bitcoin is just a example of Blockchain technology. Still many things are going to happen. So government must have to take appropriate action implementing Bitcoin as a source of income with taxation by legalizing them. If it is not done at right time, it may cause big trouble for governments in future.
Because people elects governments, an if government fails to fulfill people demand then governments will be collapse.
Because people elects governments, an if government fails to fulfill people demand then governments will be collapse.
Since the begining countries and some companies tryed to stop bitcoin, and it were worthing 100-400 dollars, till the first record that reached 1000 dollars, wich made a lot people to consider those an investment, but at those stage it were already impossible to stop bitcoin and crypto interest. Countries wich will ban or try it are supporting more the ilegal transactions, soo a markeplace will be open for those with a premium value above the market. I believe bitcoin with recent results has achieved a bigger group, wich are the whales and big investors, that are joining a bit late into the party, but next years will be interessant to follow bitcoin awareness over the world.
As we all know few countries are banning cryptocurrencies. But are the people aware of cryptocurrencies' existence before it gets banned / legalized in their country?
if in my country the actual prohibition of cryptocurrency is if it is used for exchange tools and used as a means of payment. because the law in my country only allows local currency as a means of payment. but if cryptocurrency is used as a means of payment or used for the sale and purchase of goods, it would be illegal and violate state laws. because in my country maybe only about 3% who know and understand about crypto, there are still many people who lay about cryptocurrency and it takes a long time to explain many people. but it is possible that someday the people in my country will learn to study and enter the crypto world, but that may take a long time. Who's banning crypto? All countries are implementing it and making relevant laws.
I believe that when government ban bitcoin they tend not to fully inform the public about bitcoin to prevent them from having curious about it. But when it comes to informing people about bitcoin it is better that the public is aware about the existence of cryptocurrency and how it will change the monetary world.
Well if a government tries to ban cryptocurrencies, it means that cryptocurrencies are popular already and people are investing in it, because if it wasn't a threat they wouldn't try to ban it. In order to prevent this from happening, increasing public awareness is key, so that people recognize bitcoin as a legitimate investment method and they can speak up if the government tries to ban it.
Who's banning crypto? All countries are implementing it and making relevant laws.
I believe that when government ban bitcoin they tend not to fully inform the public about bitcoin to prevent them from having curious about it. But when it comes to informing people about bitcoin it is better that the public is aware about the existence of cryptocurrency and how it will change the monetary world.
As we all know few countries are banning cryptocurrencies. But are the people aware of cryptocurrencies' existence before it gets banned / legalized in their country?
I think it is much better for cryptocurrencies to be legalized before people be awared about it. Because even if it people gets awared about it, but it is not still legalized the cryptocurrencies will be still banned, if the government didn't still accepted it. Well it depends on what country, some country will only legalized it for them to put some tax on it, some may just finding ways to do corruption, there's a need to a proper implementation, knowing there are lot of corrupt official who didn't perform well , i hope they will not do any moves on crypto.
I voted for public awareness. I think sufficient awareness is a signal for legalization. We do not forget that governments should fulfill the will of the majority.
As we all know few countries are banning cryptocurrencies. But are the people aware of cryptocurrencies' existence before it gets banned / legalized in their country?
I think it is much better for cryptocurrencies to be legalized before people be awared about it. Because even if it people gets awared about it, but it is not still legalized the cryptocurrencies will be still banned, if the government didn't still accepted it. Well it depends on what country, some country will only legalized it for them to put some tax on it, some may just finding ways to do corruption, there's a need to a proper implementation, knowing there are lot of corrupt official who didn't perform well , i hope they will not do any moves on crypto.
As we all know few countries are banning cryptocurrencies. But are the people aware of cryptocurrencies' existence before it gets banned / legalized in their country?
I think it is much better for cryptocurrencies to be legalized before people be awared about it. Because even if it people gets awared about it, but it is not still legalized the cryptocurrencies will be still banned, if the government didn't still accepted it. Public awareness. Legality is actually not that bad right now there is only a few countries which have made it illegal for selfish reasons rather than practicality. Public awareness is so much better because of the price right now but that will change it if ever drops.
I am also strongly in favor of legalization of bitcoin throughout world because there is no harm in doing so rather this action is going to help public in living a better lives. Government should spread awareness about this currency instead of banning it or declaring it harmful for the economy. Indeed as you said, such governments are so mean that they are not letting their public enjoy the perks of this latest invention.
Legalizing bitcoin would generate public awareness and confidence in cryptocurrency. That would put to rest most issues being raised by skeptics. The product would then sell itself.
Raising the public awareness about crytocurrency is a great idea. In this project it will raise the popularity of bitcoin in the world; aside from that, it can help the people to be get inform what is bitcoin all about. If this thing happen, it can open lots of doors for the management of bitcoin which can help the other country to convince them to welcome the electronic currency in their country and establish a well develop society.
Jump to: