Topic: Legalizing Bitcoin - page 12. (Read 5704 times)
I believe that bitcoin should be allowed in all countries, but to control the conduct of the ICO. Many countries are good at crypto currency, but due to the fact that there is no control over the collection of funds, scammers benefit.
The issue of bitcoin legality that I think will be quite difficult because in some countries fear bitcoin can weaken the value of their country's currency and will make a monetary crisis. I think bitcoin is better to be a commodity as it is today.
Wise government who are sincere to give their citizens a better earning chance they never see any trouble in bitcoin and that’s true those who are negative thinkers they see the negativity's which never exist being neutral, bitcoin is the best chance to get development in the country and to raise the economy points and bitcoin promises to give profit and all these thing attracts the good governments that’s why they legalize.So many jobless people have been able to use the freelance world to easily earn bitcoin and that can really help a lot with income flow into the country.
If bitcoin system will be implement and soon this will happen taxation will be easy and many of people are saying that its anonymity will give problem to the government so their maybe a check on the transactions and this will really help to solve out this concern and more of it the governments who had accepted btc now they are doing progressive works in their regions and btc is best way to development.
Taxation will only be done when it comes to conversion into fiats and which would be regulated mostly on exchanges definitely.Bitcoin serves as a capital gain in most countries and that is already being taxed. Fiats will still be in existence as obviously not the whole citizen of every country will be making use of the coin at least for now, and at some point, fiats will still be very relevant which would make government benefit a lot as well.
Governments will have to legalize it in order to at-least monitor the flow of funds otherwise there is a threat of the increase in the black market and it will create a huge nuisance for the government and the country. I am not against taxation or monitoring but I oppose the control of my wealth. Legalizing would allow the government to legally seek the information about cryptocurrency market and flow of funds but that too without any right to control the things. It will be like healthy market environment without losing the freedom.
There are many regions who joined the bitcoin community and by following already bitcoin countries many regions are willing to accept it in coming days and all this delay is because of lack of bitcoin advertisement and many people are still unaware of bitcoin so information should be given to them so that they can also use bitcoin and their countries must legalize bitcoin and in future legalization will be mandatory. 
So in the most countries, bitcoin is neither declared legal or illegal. In some it is declared illegal and some are actually allowing it and also promoting their own alts.
So what would a government needs to do to regulate bitcoin in the country? And how can a government actually benefit from legalizing bitcoin in the country? How can it actually support the economic system of the country.
So what would a government needs to do to regulate bitcoin in the country? And how can a government actually benefit from legalizing bitcoin in the country? How can it actually support the economic system of the country.
the country need bitcoin not so fluctuate to get legalize from government.
but in reality bitcoin is fluctuating so high it make government think twice to legalize bitcoin.
So in the most countries, bitcoin is neither declared legal or illegal. In some it is declared illegal and some are actually allowing it and also promoting their own alts.
So what would a government needs to do to regulate bitcoin in the country? And how can a government actually benefit from legalizing bitcoin in the country? How can it actually support the economic system of the country.
In my own opinion, legalizing bitcoin in a certain country will help its economy to grow more and develop. It is because, those people that are unemployed will still have the capability to earn their own money through bitcoin. As well as those people who experience financial problems in their life, bitcoin will help them resolve that kind of problem. Bitcoin can help a country to develop as well as its people.So what would a government needs to do to regulate bitcoin in the country? And how can a government actually benefit from legalizing bitcoin in the country? How can it actually support the economic system of the country.
At present, there are still many countries that legalize bitcoin and do not legalize bitcoin.For countries that accept bitcoin, they will see
bitcoin as a commodity, who uses bitcoin when buying or selling, they have to pay taxes.I think that's a good way to legalize bitcoin .
That wil support the economic system of the country
bitcoin as a commodity, who uses bitcoin when buying or selling, they have to pay taxes.I think that's a good way to legalize bitcoin .
That wil support the economic system of the country
There hasn't been a country who said that bitcoin is totally "illegal" those who made some regulations are China, Usa and probably the India, but they didnt said that bitcoin is ilegal, a regulation is something completely different. Just remember that China is not killing anyone just because using bitcoins, they are only shutting down some exchanges in their countries, but nothing more.
Bitcoin is legal in most countries all around the world.
Legalizing Bitcoin is subject to a deep research and study. This will depend on what economic system a country applies parallel to what regulation they will imply that would fit their system. Surely, they will consider their existing tax laws or reforms if necessary. They will find ways how to makes this work because we are entering the digital era where everything is done electronically to adopt in future market world. Bitcoin is legal in most countries all around the world.
So in the most countries, bitcoin is neither declared legal or illegal. In some it is declared illegal and some are actually allowing it and also promoting their own alts.
So what would a government needs to do to regulate bitcoin in the country? And how can a government actually benefit from legalizing bitcoin in the country? How can it actually support the economic system of the country.
the first beneficiary is the people if the bitcoin or the whole So what would a government needs to do to regulate bitcoin in the country? And how can a government actually benefit from legalizing bitcoin in the country? How can it actually support the economic system of the country.
crypto regulated,it will be dollected better taxation and if the government
is not corrupt the people of the said country surely benefits that all,because
popularity lf crypto spreads worldwide and been known as helpful and
beneficial for the whole users
we might see another surge of price and it will make investors rich within a short period of time.
Also, we are hoping that by legalizing it will benefit us users and the confidentiality of transaction will still remain.
So in the most countries, bitcoin is neither declared legal or illegal. In some it is declared illegal and some are actually allowing it and also promoting their own alts.
So what would a government needs to do to regulate bitcoin in the country? And how can a government actually benefit from legalizing bitcoin in the country? How can it actually support the economic system of the country.
the first beneficiary is the people if the bitcoin or the whole So what would a government needs to do to regulate bitcoin in the country? And how can a government actually benefit from legalizing bitcoin in the country? How can it actually support the economic system of the country.
crypto regulated,it will be dollected better taxation and if the government
is not corrupt the people of the said country surely benefits that all,because
popularity lf crypto spreads worldwide and been known as helpful and
beneficial for the whole users
we might see another surge of price and it will make investors rich within a short period of time.
Also, we are hoping that by legalizing it will benefit us users and the confidentiality of transaction will still remain.
So in the most countries, bitcoin is neither declared legal or illegal. In some it is declared illegal and some are actually allowing it and also promoting their own alts.
So what would a government needs to do to regulate bitcoin in the country? And how can a government actually benefit from legalizing bitcoin in the country? How can it actually support the economic system of the country.
the first beneficiary is the people if the bitcoin or the whole So what would a government needs to do to regulate bitcoin in the country? And how can a government actually benefit from legalizing bitcoin in the country? How can it actually support the economic system of the country.
crypto regulated,it will be dollected better taxation and if the government
is not corrupt the people of the said country surely benefits that all,because
popularity lf crypto spreads worldwide and been known as helpful and
beneficial for the whole users
I think legalizing Bitcoin is unique in every State or country of jurisdiction. Its process varies. But one thing is for sure, it is more complex than it was imagined. Why? It is because Bitcoin (or other cryptocurrencies alike) came to existence whereby it totally changes the fiat system. It does away with the norm as regards regular banks, government back ups, among others. In short, it is a class of its own. Moreover, it changes over time because day by day there are new developments that come with it making governments unable to come up or foresee substantial changes. To legalize it would be tantamount to carrying the burden of studying it and carefully foreseeing how it is going to be in the next days, weeks, months, or so.
So many benefits, most especially when we are even relating the tax of converting to fiat alone. No one is asking any government to give up their fiats for bitcoin since we simply know it cannot work for them as they would still want to control it. However, I feel most governments in these countries are fearful that legalizing would create more awareness for the coin and in places where the digital age supersedes, fiats may become redundant. So in the most countries, bitcoin is neither declared legal or illegal. In some it is declared illegal and some are actually allowing it and also promoting their own alts.
So what would a government needs to do to regulate bitcoin in the country? And how can a government actually benefit from legalizing bitcoin in the country? How can it actually support the economic system of the country.
The government will benefit from bitcoin if it imposes a tax on the activities associated with it. But, in my opinion, it would be better if bitcoin remained "suspended in the air" So what would a government needs to do to regulate bitcoin in the country? And how can a government actually benefit from legalizing bitcoin in the country? How can it actually support the economic system of the country.
So in the most countries, bitcoin is neither declared legal or illegal. In some it is declared illegal and some are actually allowing it and also promoting their own alts.
So what would a government needs to do to regulate bitcoin in the country? And how can a government actually benefit from legalizing bitcoin in the country? How can it actually support the economic system of the country.
So what would a government needs to do to regulate bitcoin in the country? And how can a government actually benefit from legalizing bitcoin in the country? How can it actually support the economic system of the country.
The thing is all these countries are want to regulate bitcoin which is I don't think is possible now so some create their own crypto to them to regulate however as a lot of investors now eyeing to bitcoin some country's still what the option to regulate bitcoin This is also to protect their economy from sudden collapse due to fiat decreased use supply.
For most governments I think it is not that simple.
First because many people know the word "bitcoin" but not what it represents actually. Then, because allowing such currency means necessarily acknowledging the existence of the iceberg of transactions around bitcoin. Not that easy.
Legalizing bitcoin would be indeed really interesting but I think most governments are not ready
Even if most governments are ready, it is one step they are trying to cautiously take so they would not end up creating too much attention than necessary for it.First because many people know the word "bitcoin" but not what it represents actually. Then, because allowing such currency means necessarily acknowledging the existence of the iceberg of transactions around bitcoin. Not that easy.
Legalizing bitcoin would be indeed really interesting but I think most governments are not ready
Most governments know they cannot stop bitcoin and the blockchain technology is very promising, which is why we see that rather than coming out openly, they are silently regulating the exchanges while just the few who are using it are monitored through the exchanges and legalizing it will cause more enthusiasts to rush in.
I think legalizing Bitcoin is unique in every State or country of jurisdiction. Its process varies. But one thing is for sure, it is more complex than it was imagined. Why? It is because Bitcoin (or other cryptocurrencies alike) came to existence whereby it totally changes the fiat system. It does away with the norm as regards regular banks, government back ups, among others. In short, it is a class of its own. Moreover, it changes over time because day by day there are new developments that come with it making governments unable to come up or foresee substantial changes. To legalize it would be tantamount to carrying the burden of studying it and carefully foreseeing how it is going to be in the next days, weeks, months, or so.
What would make all investors to quit. I am really trying to picture that out. Legalizing bitcoin does not mean bitcoin will be controlled by the government. What is going to be controlled is the usage and for any one into illegal means who is not happy with that, then they had better just find other means to make it work. The truth is, using Japan as an example, it would create much more awareness and then we will see more people feeling relaxed in using it instead of being scared of using it as a result of legality. 
I think legalizing Bitcoin is unique in every State or country of jurisdiction. Its process varies. But one thing is for sure, it is more complex than it was imagined. Why? It is because Bitcoin (or other cryptocurrencies alike) came to existence whereby it totally changes the fiat system. It does away with the norm as regards regular banks, government back ups, among others. In short, it is a class of its own. Moreover, it changes over time because day by day there are new developments that come with it making governments unable to come up or foresee substantial changes. To legalize it would be tantamount to carrying the burden of studying it and carefully foreseeing how it is going to be in the next days, weeks, months, or so.
Well, if any country decides not to want to study it to see how they can make the best use of it, they will just be doing themselves more harm. There is so much benefit each country can derive from cryptocurrency or the blockchain technology that they are allowing their old way of doing things cloud their judgment. At the end, since some countries have been taking the huge leap of faith, so many countries will obviously start using them as an example to legalize the currency. 
it would be very good to legalize bitcoin so that people could safely use and not consider themselves the criminals...but I'm afraid that a number of rules can follow the legalization that will interfere with the normal trade and use of bitcoin
the legalization of the bitcoin is very good for the bitcoin, it is very good if it is legal in our country so that we can make trade and make investment in it. if bitcoin became the legal currency it will brought a high change in world which will affect the people of the country.
So in the most countries, bitcoin is neither declared legal or illegal. In some it is declared illegal and some are actually allowing it and also promoting their own alts.
So what would a government needs to do to regulate bitcoin in the country? And how can a government actually benefit from legalizing bitcoin in the country? How can it actually support the economic system of the country.
I think bitcoin can support the economy by means of remittances and currency exchange. Think about it this way, when someone turns their coin into cash, it will be spent on whatever he/she was in. Every cent spent has tax and that will help the economy grow in my opinion. In our country, most of the people use bitcoin as an alternative source of income and it is really helping them financially. We even have college students earning more money compared to a regular employee. That's why I don't agree with other countries who BANNED bitcoin, they were just afraid that something will happen even though its not. So what would a government needs to do to regulate bitcoin in the country? And how can a government actually benefit from legalizing bitcoin in the country? How can it actually support the economic system of the country.
There's tons of them. with bitcoin, people will not that easily reveal what they're doing, they will trying to get away from their obligation of paying the taxes. if government want to taxes the usage of cryptocurrency, they need to advance their technology more.
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