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Topic: What do you think is Bitcoin become legal in all countries? - page 12. (Read 2367 times)

legendary
Activity: 1288
Merit: 1043
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Bitcoin is legal by some countries but some countries still not accepting the bitcoin.
What you think is Bitcoin become legal in all countries?

I think in the future all of country accept and embraces crytocurrency but right now only few of country accepting bitcoin even my country not recognizr and not accepting bitcoin at telling that if you are investing in bitcoin you are going to jail because the government didnt understand cryptoworld and they are afraid to lose any of business that connected in hard money like banks so that they didn't want accept cryptocurrency.
The journey of bitcoin to the point of legally adopted as a new currency a digital currency rather is still on process. It is possible to happen that countries all over the world would legally accepted it but the refusing possibilities is also there. But if it would happen that countries all over the world would appreciate bitcoin as a legal matters then it would a great deal for a bitcoin.
its not just bitcoin's adoption that's in process, its what you could call a revolution of sorts. bitcoin is something extremely new, both in the time it has existed and as an idea. if bitcoin were to be accepted and went mainstream, it would mean the mainstream acceptance of the idea of bitcoin, and the success of bitcoin as an experiment, in my view at least. but the idea of bitcoin does go against a lot of the desires of the big banks, as they have some to lose if bitcoin were to go mainstream, and with their money, they do have a considerable amount of pull through lobbying efforts (in the US at least).
sr. member
Activity: 280
Merit: 250
If the state has received bitcoin as a legitimate means of payment, it is clear that bitcoin is legal in all countries so that with its populations everyone wants to invest in bitcoin and much of what they learn in the crypto world to get an income.
full member
Activity: 630
Merit: 102
bitcoin legal, because some countries have not all received bitcoin.and  I believe, that bitcoin for all people is very useful all over the World. I think bitcoin will be acknowledged by some countries. because it is seen that bitcoin development is very good.
newbie
Activity: 64
Merit: 0
I do not think it will be a legal day in all countries, there will always be one to want to do differently
legendary
Activity: 867
Merit: 1000
I am sure that bitcoin will become legal in all countries in the future. Hoped
Some countries is already accepted bitcoin like japanese
sr. member
Activity: 658
Merit: 250
Bitcoin is legal by some countries but some countries still not accepting the bitcoin.
What you think is Bitcoin become legal in all countries?


If people are open-minded then yes it is possible that it will become legal in all countries. But we cannot also deny that there are some whose perspective on bitcoin is negative so some countries will surely not accept bitcoin as legal in their country specifically China because they are afraid that if they will accept bitcoin as one of the currencies in their country, it might become a threat to them.
hero member
Activity: 1022
Merit: 511
if become legal in all country we will go to period of mass adoption people will know bitcoin as currency or maybe store of value and impact for alt coin maybe the price will go up and up
Yes bitcoin is the need of the day and is allowing mass to grow in a way they want. Bitcoin is helping people to get rid of unemployment to some extent and is helping them to earn good amount and make their living good. Countries will legalize bitcoin because they know that the running in the race without bitcoin is not possible. Bitcoin is going to replace all regular currencies in future for buying and selling of goods in daily life
legendary
Activity: 3010
Merit: 1280
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I think Bitcoin being legal to every country is somehow possible but it will take sometimes.  Each country have different laws and rulings regarding stuff that is affected by its demography, religion and the people who are sitting in power.  Some country banned bitcoin but I believe it will be temporary while they are studying it's effect to their country but once the super powers accepted Bitcoin and adopted it, this lesser countries will definitely follow what these stringer country had done with regards to Bitcoin.   So yeah, I guess Bicoin will be accepted in the whole world but it will really take time.
newbie
Activity: 43
Merit: 0
Bitcoin is legal by some countries but some countries still not accepting the bitcoin.
What you think is Bitcoin become legal in all countries?

It's possible,because this is the agenda of bitcoin community; to use the cryptocurrency as a new method of currency.
newbie
Activity: 56
Merit: 0
What do you think is Bitcoin become legal in Russia, guys?
hero member
Activity: 2268
Merit: 789
Bitcoin is legal by some countries but some countries still not accepting the bitcoin.
What you think is Bitcoin become legal in all countries?

That is the ideal scenario, wherein all countries legalize the utilization of bitcoin for enjoying its maximum potential and benefits to the public. But again, there are countries out there who prohibit the use of bitcoins due to its decentralized nature. Meaning, bitcoin is being used as the main currency for illegal stuff, like payments for illegal transaction of drugs or other smuggled goods or things related therein. Every decision that a country accepts has always a negative implication, wherein bitcoin has its own faults. Like everyone said, nothing is perfect.

Personally despite having its faults, the opportunities and benefits it provide to the general public outweighs the negative impact on the country. Due to bitcoin, more people are sustained. Bitcoin can be the equalizer among the rich and the poor as everyone has the privilege of investing into it. Though that again might be the ideal situation, it may be far from now but it will definitely happen in the near future.
full member
Activity: 378
Merit: 102
I have the assumption that bitcoin can not be legalized in all countries, because each country has its own policies and regulations. Only countries that see bitcoin have good potential that will legalize in their country like Japan.
jr. member
Activity: 210
Merit: 3
In my opinion by around 2030 many people will have an understanding on crypto trade (BTC,ETH...etc.) and will be more prone to do business with cryptocurrency. Therefore more countries will legalize crypto trade.
member
Activity: 65
Merit: 10
Bitcoin is legal by some countries but some countries still not accepting the bitcoin.
What you think is Bitcoin become legal in all countries?

All countries impossible , some countries possible .
japan start accepting bitcoin others like japan will accept it and make it legal in future.
full member
Activity: 560
Merit: 104
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Actually, I am not sure that but some countries has already bitcoin legal. I wish one day bitcoin will legal for all countries. Smiley
newbie
Activity: 47
Merit: 0
I believe that sooner or later, all the countries will accept Bitcoin. I do not see the reason of making BTC illegal, if governments end up losing so much from it  Huh Huh
full member
Activity: 347
Merit: 100
Bitcoin is legal by some countries but some countries still not accepting the bitcoin.
What you think is Bitcoin become legal in all countries?



I think that bitcoin become legal in all countries if we let them to know how it works and what it's the process on it. There's a possibility that bitcoin will be legal worldwide because it can help many people and if it is legal I think the price of it will be get higher and higher and the people who are working on it can earn a lot of money.
newbie
Activity: 52
Merit: 0
if become legal in all country we will go to period of mass adoption people will know bitcoin as currency or maybe store of value and impact for alt coin maybe the price will go up and up
full member
Activity: 350
Merit: 100
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Bitcoin is legal by some countries but some countries still not accepting the bitcoin.
What you think is Bitcoin become legal in all countries?

Maybe because different country have different approach to cryptocurrencies because of certain factors like their economy and the origin of bitcoin for example the creator of bitcoin satoshi nakamoto's real identity is yet to be known and this can also be a source of skepticism. Some factors affect their culture for example denmark which is known to belong to the top 10 most bitcoin friendly country in the world is know to also have a very open minded culture and happy people so they tend to easily adapt new ideas like an online currency.
asu
legendary
Activity: 1302
Merit: 1136
Our government its not that familiar about bitcoin. So in my country . Bitcoin is not legalise. But if bitcoin is will be legalize in my country the value of the bitcoin will be increasing and It can legalize now because they know the advantage of bitcoin and they will know the transaction about it. It has a huge impact for us.
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