Topic: Regulation of Cryptocurrency Around the World - page 6. (Read 1761 times)
I think it still takes a long time to become legal throughout the world,I think it still takes a long time to become legal throughout the world,and in my country, bitcoin or cryptocurrency can be owned but may not be used as a legal payment instrument.
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The regulation will be different between one country to another country, and not all country has already accepted cryptocurrency so far. But if the progress of the cryptocurrency to help people to get a better life, then I think the other country which is not accepting cryptocurrency will start to accept after they search the benefits of cryptocurrency for their people.
Simply we cannot see it is not useful and there will be lots of good and useful ways when the cryptocurrency regulation properly going on that's why it will be implemented by the people who are in good position to make everyone's profit to be increased and I agree everyone will do the the job properly then the field is more useful for everyone.
Don't know about profit yet, regulation might turn the current market norms into a different condition, but I'm sure it would drive an increase of adoption in the market since businesses will be confident to operate and people will be secured here in the space, for now, it's too risky to be here as an investor. 
Simply we cannot see it is not useful and there will be lots of good and useful ways when the cryptocurrency regulation properly going on that's why it will be implemented by the people who are in good position to make everyone's profit to be increased and I agree everyone will do the the job properly then the field is more useful for everyone.
Don't know about profit yet, regulation might turn the current market norms into a different condition, but I'm sure it would drive an increase of adoption in the market since businesses will be confident to operate and people will be secured here in the space, for now, it's too risky to be here as an investor. 
Very interesting thread
Here in Brazil, BTC is legal, but the government started to make laws and every single transation have to be declared on our tax system, every transaction
People are laughing right now because it's impossible to do that, I don´t know abou future, but I'm a little worried
Here in Brazil, BTC is legal, but the government started to make laws and every single transation have to be declared on our tax system, every transaction
People are laughing right now because it's impossible to do that, I don´t know abou future, but I'm a little worried
It is illogical and I guess this policy was drawn up by some stupid people who don't even know the basics of crypto-currency. Unlike the case with bank accounts or credit cards, there is nothing to link any of the Bitcoin wallets with your identity. The authorities will never be able to prove that a particular Bitcoin wallet was controlled by you, unless there is a fiat linkage somewhere. I don't think that anyone in Brazil is going to follow this stupid law. And no need to worry about it.... the government is not going to imprison hundreds of thousands of people just for using crypto.
Simply we cannot see it is not useful and there will be lots of good and useful ways when the cryptocurrency regulation properly going on that's why it will be implemented by the people who are in good position to make everyone's profit to be increased and I agree everyone will do the the job properly then the field is more useful for everyone.
Regulation also important but it will not needed in all the place and all the situation so how it can be make that changes and regulated will decides it will be positive or negative in most of the time it will always positive forever.
Very interesting thread
Here in Brazil, BTC is legal, but the government started to make laws and every single transation have to be declared on our tax system, every transaction
People are laughing right now because it's impossible to do that, I don´t know abou future, but I'm a little worried
This is another path that governments will try to take to kill bitcoin, they will not make it illegal because that will rise questions about the kind of government they want to be but they will try to create so many regulations that it will be impossible for the average person to comply, but that is the weak point in their plan, they believe that this will make people abandon bitcoin but what will really happen is that the people will simply ignore their ridiculous regulations.Here in Brazil, BTC is legal, but the government started to make laws and every single transation have to be declared on our tax system, every transaction
People are laughing right now because it's impossible to do that, I don´t know abou future, but I'm a little worried
Very interesting thread
Here in Brazil, BTC is legal, but the government started to make laws and every single transation have to be declared on our tax system, every transaction
People are laughing right now because it's impossible to do that, I don´t know abou future, but I'm a little worried
This is another path that governments will try to take to kill bitcoin, they will not make it illegal because that will rise questions about the kind of government they want to be but they will try to create so many regulations that it will be impossible for the average person to comply, but that is the weak point in their plan, they believe that this will make people abandon bitcoin but what will really happen is that the people will simply ignore their ridiculous regulations.Here in Brazil, BTC is legal, but the government started to make laws and every single transation have to be declared on our tax system, every transaction
People are laughing right now because it's impossible to do that, I don´t know abou future, but I'm a little worried
In my country bitcoin is legal and people can use it freely for whatever they want as long as it is not something illegal. The only problem I have with my government is that they add unnecessary taxes for trading bitcoin. They ask you for taxes whenever you exchange bitcoin to fiat even if you did not make any profit at all during all you time trading.
Very interesting thread
Here in Brazil, BTC is legal, but the government started to make laws and every single transation have to be declared on our tax system, every transaction
People are laughing right now because it's impossible to do that, I don´t know abou future, but I'm a little worried
This is another path that governments will try to take to kill bitcoin, they will not make it illegal because that will rise questions about the kind of government they want to be but they will try to create so many regulations that it will be impossible for the average person to comply, but that is the weak point in their plan, they believe that this will make people abandon bitcoin but what will really happen is that the people will simply ignore their ridiculous regulations.Here in Brazil, BTC is legal, but the government started to make laws and every single transation have to be declared on our tax system, every transaction
People are laughing right now because it's impossible to do that, I don´t know abou future, but I'm a little worried
Very interesting thread
Here in Brazil, BTC is legal, but the government started to make laws and every single transation have to be declared on our tax system, every transaction
People are laughing right now because it's impossible to do that, I don´t know abou future, but I'm a little worried
This is another path that governments will try to take to kill bitcoin, they will not make it illegal because that will rise questions about the kind of government they want to be but they will try to create so many regulations that it will be impossible for the average person to comply, but that is the weak point in their plan, they believe that this will make people abandon bitcoin but what will really happen is that the people will simply ignore their ridiculous regulations. Here in Brazil, BTC is legal, but the government started to make laws and every single transation have to be declared on our tax system, every transaction
People are laughing right now because it's impossible to do that, I don´t know abou future, but I'm a little worried
I was not aware of all the countries that banned bitcoin, but it looks like religion plays a major role in those countries to ban bitcoin outright as majority of them are Muslim majority countries like Saudi Arabia, Pakistan, Bangladesh and Qatar and i am not sure whether religious belief has anything to do with the outright ban, majority of the countries does not have any regulation.
Very interesting thread
Here in Brazil, BTC is legal, but the government started to make laws and every single transation have to be declared on our tax system, every transaction
People are laughing right now because it's impossible to do that, I don´t know abou future, but I'm a little worried
in fact, regulations could be issued, only now that the use of bitcoin is not evenly distributed throughout the world, and each country has its own rules regarding that. well, for now, it's still difficult, although some countries do support it, but, we don't know what regulations will be taken in the future.Here in Brazil, BTC is legal, but the government started to make laws and every single transation have to be declared on our tax system, every transaction
People are laughing right now because it's impossible to do that, I don´t know abou future, but I'm a little worried
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Very interesting thread
Here in Brazil, BTC is legal, but the government started to make laws and every single transation have to be declared on our tax system, every transaction
People are laughing right now because it's impossible to do that, I don´t know abou future, but I'm a little worried
in fact, regulations could be issued, only now that the use of bitcoin is not evenly distributed throughout the world, and each country has its own rules regarding that. well, for now, it's still difficult, although some countries do support it, but, we don't know what regulations will be taken in the future.Here in Brazil, BTC is legal, but the government started to make laws and every single transation have to be declared on our tax system, every transaction
People are laughing right now because it's impossible to do that, I don´t know abou future, but I'm a little worried
Very interesting thread
Here in Brazil, BTC is legal, but the government started to make laws and every single transation have to be declared on our tax system, every transaction
People are laughing right now because it's impossible to do that, I don´t know abou future, but I'm a little worried
in fact, regulations could be issued, only now that the use of bitcoin is not evenly distributed throughout the world, and each country has its own rules regarding that. well, for now, it's still difficult, although some countries do support it, but, we don't know what regulations will be taken in the future. Here in Brazil, BTC is legal, but the government started to make laws and every single transation have to be declared on our tax system, every transaction
People are laughing right now because it's impossible to do that, I don´t know abou future, but I'm a little worried
There are lots of countries that doesn't have any law that governs cryptocurrency and most of these countries are in the African continent. But one thing I never knew that countries where Bitcoin is legal is as much as this. The green on this map/list is too much, which means that there are lots of countries where Bitcoin is considered legal.
And that means that people are free to make use of it as they would use a real currency. As for places where' it is illegal anyone that makes use of it attracts punishment. Countries that doesn't have laws for cryptocurrency seems like it is not that popular there. So their government is not thinking of setting any laws for it.
At one point, they also see it as threat to them until they fully understood the benefit of cryptocurrency to their economy, when bitcoin first became popular in one of the largest country in Africa(Nigeria), I learnt that their Central Bank Raised the issue in senate to ban the use of it , but since they couldn’t, they sponsored lots of propaganda campaigns against it, compared it to Ponzi scheme and many more, despite this, bitcoin as usual, reacted positively to the FUD news by even gaining more attention of their citizens and I learnt that right now, their government already accepted it and pays less attention to its usage. And that means that people are free to make use of it as they would use a real currency. As for places where' it is illegal anyone that makes use of it attracts punishment. Countries that doesn't have laws for cryptocurrency seems like it is not that popular there. So their government is not thinking of setting any laws for it.
Very interesting thread
Here in Brazil, BTC is legal, but the government started to make laws and every single transation have to be declared on our tax system, every transaction
People are laughing right now because it's impossible to do that, I don´t know abou future, but I'm a little worried
indeed, for each transaction it is hard for bitcoiners. when we transact, we don't necessarily get profit, so that the government seems to burden the people wisely. I think maybe every withdrawal to the local currency will be more realistic, taxHere in Brazil, BTC is legal, but the government started to make laws and every single transation have to be declared on our tax system, every transaction
People are laughing right now because it's impossible to do that, I don´t know abou future, but I'm a little worried
Very interesting thread
Here in Brazil, BTC is legal, but the government started to make laws and every single transation have to be declared on our tax system, every transaction
People are laughing right now because it's impossible to do that, I don´t know abou future, but I'm a little worried
indeed, for each transaction it is hard for bitcoiners. when we transact, we don't necessarily get profit, so that the government seems to burden the people wisely. I think maybe every withdrawal to the local currency will be more realistic, tax Here in Brazil, BTC is legal, but the government started to make laws and every single transation have to be declared on our tax system, every transaction
People are laughing right now because it's impossible to do that, I don´t know abou future, but I'm a little worried
Very interesting thread
Here in Brazil, BTC is legal, but the government started to make laws and every single transation have to be declared on our tax system, every transaction
People are laughing right now because it's impossible to do that, I don´t know abou future, but I'm a little worried
Here in Brazil, BTC is legal, but the government started to make laws and every single transation have to be declared on our tax system, every transaction
People are laughing right now because it's impossible to do that, I don´t know abou future, but I'm a little worried
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