Topic: US or China: Who do you think will legalize bitcoin first? - page 3. (Read 14949 times)
I think China will be creating their own first...and when that happens, well, everything and everyone follows. Just my opinion.
China can be the first country of both to legalize Bitcoin as China has the most control over Bitcoins dominance. If China takes steps for Bitcoin legalization, it will be good for crypto lovers. Let's which country will accept first.
It is tough question to say which country will legalize BTC first. but as far the experts both are the developed countries and looking towards Artificial Intelligence and Digital market. China is already started mining the bitcoin and it is done widely in china but so they might legalize first. US also more focused towards economy and always competitor to china hence it is very unpredictable but both US and china going to legalize bitcoin very soon.
China can be the first country of both to legalize Bitcoin as China has the most control over Bitcoins dominance. If China takes steps for Bitcoin legalization, it will be good for crypto lovers. Let's which country will accept first.
Bitcoin will never be legal in both countries, because they also have their own currency, and I'm sure they fear their currency will not be used anymore because people switch to using bitcoin.
legalizing does not mean replacing existing payment and financial systems, legalization will not make their local currency disappear, only need a special rule and monitor so that its use can still be limited, that is what their government will do in the future, I think because US is more advanced in technology, of course US will legalize it first
That's just the fact,it maybe impossible for us to say which one of the two countries would legalize crypto first since we aren't clairvoyant,but amongst the both countries China seems to be the one with the more cryptocurrency awareness,with talks of a launch of their national coin,and a high number of miners over there
It's only logical to believe China will fully embrace the system first
It's only logical to believe China will fully embrace the system first
indeed, today many countries are calling for replacing fiat money into digital money, even in my country digital wallets have begun to emerge that offer simple transactions, but that does not mean that every country that uses digital money will turn to crypto, there are still many the problem is, most countries legalize crypto only for futures investments not as a transaction tool, so I won't bet on any country, because it's very difficult in the near future
Just curious which one would be more accepting of bitcoin or any cryptocurrency for that matter. China nowadays seem to headline a lot about artificial intelligence and other technology. They are also promoting a cashless society. So I am betting on China.
Feel free to contradict. This is just me overthinking. Maybe, neither would even legalize it in the future. Or perhaps countries would create their own crypto?
I'm betting on China. I think that their government will create its own internal cryptocurrency, which will be comparable to bitcoin, only within the state. Feel free to contradict. This is just me overthinking. Maybe, neither would even legalize it in the future. Or perhaps countries would create their own crypto?
i think china will leglaize bitcoin before US as they are more open to opportunies than US. China easily adopt things as long as it will be of great benefit to their country unlike US that prefers to analyze things critically before adopting
I dont think both countries will ever accept bitcoin. Both showed negative reactions towards bitcoin and both countries didnt receive any advantages with bitcoin's existence. US and China didnt even want to legalize and just tax bitcoin.
I believe it'll be USA who'll recognise it, look at the members of Sec board 3 out 5 are bitcoins supporters even their chairman supports it. Also it's pertinent to note that the incoming chief of staff of President Trump supports Bitcoins. It's also interesting to point out that Nasdaq is launching bitcoins futures in January 2019, and all the signs point towards USA legalising it in the near future.
I dont think both countries will ever accept bitcoin. Both showed negative reactions towards bitcoin and both countries didnt receive any advantages with bitcoin's existence. US and China didnt even want to legalize and just tax bitcoin.
i don't know but from the popularity china is win, the bitcoin popularity in China is higher than the US, and maybe if the China government know this and they can makes the bitcoin legalize, it will be the good opportunity for bitcoin to makes all people know bitcoin and use bitcoin
I feel the US will legalize Bitcoin, I don't see China opening the door for Bitcoin. I heard that the Chinese government is constantly telling citizens to invest in gold, silver, and diamonds.. and prohibits citizens from investing in cryptocurrencies, especially invest in the ICO.
The US first legalized bitcoin, even in their country there are already many Bitcoin ATMs that make it easier for bitcoin owners to carry out their activities using bitcoin. The infrastructure available in the US is more modern than China, so the use of bitcoin as a payment tool is easier. While China is less aggressive in responding to bitcoin as a currency, it is very enthusiastic in developing the blockchain, the technology that accompanies bitcoin. 
Despite the fact that many people consider China the center of bitcoin mining, I think that America is the first to decide to introduce crypto-currency into active use. This is a fairly progressive country, and it needs a little time to prepare for the introduction of bitcoin in life.
And it seems to me that some of these two economically developed countries will decide to legalize bitcoin and accept it as an official alternative currency. Who will be the first-is unknown, and it is unlikely to happen in the next few years. But it is quite real and we can expect it.
This is a really difficult question. Each of these countries has a fairly strong economy. But I think China is more open to innovation. In addition, a large number of mining farms are concentrated here.
Bitcoin will never be legal in both countries, because they also have their own currency, and I'm sure they fear their currency will not be used anymore because people switch to using bitcoin.
With China consistent ban of Bitcoin and cryptocurrencies over the years, I don't see China embracing it so soon for mass adoption rather US would as they always want to be the lead in all things.
We think it would be China because USA right now id very protective with their economy, but lets see what will happen
Truly seems very inseparable to compare which state will legalize bitcoin but with retropespective foresight i will definitely think China will be on the safer side to legalize bitcoin than US.
i think for two big country like that the first place will be on the China, because we can see that there are many traders, investors, and miners from china and i think it will be great when the bitcoin legalize in china
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