The demand for bitcoin would soar I believe if bitcoin became a legal currency which means more people would want to get in and get their hands on bitcoin and this will make the price go up.
Sure as much as people are listing about bitcoin are trying to get bitcoin for the sake of the future so the price of bitcoin is going to be very high, For me the bitcoin is already the legal currency in a lot of counties which means bitcoin is going to be the legal globally. Already Japan and the South Korea and now Philippines are announcing bitcoin as legal currency so I am really hopeful about bitcoin future that it will be legal in my place as well. 
Topic: What would happen if Bitcoin became a legal currency? - page 2. (Read 33690 times)
I think if bitcoin legal in this world it will be great currency of all transaction and the investors getting more bitcoin because of the financial and benefits for the everyday so it is very exciting if can happen.
That right! Additional, That is better be conceivable if the nations one by one acknowledges it and legitimize it. It also can influence the value bitcoin it goes pump because a lot of individuals need to get involved on the bitcoin. If there are allot people adopt it, I am confident that store and others company need to acknowledge the bitcoin. We can go anywhere we want. We can purchase stuff on others district by utilizing the bitcoin. We don’t need a remittance center to convert the bitcoin into fiat.
Everyone would like the bitcoin is accepted in all online and real stores and, as as mentioned in the title, what would happen if Bitcoin became a legal currency?
Bitcoin is not legal in many country. If it is legal in its own present term and conditions then the price of a country own currency will be fall. Their will be a possibility of economic crisis in those countries. The tax collection will be decrease 
. And this thing seriously affect an country economy growth. And i think their will be a possibility of increase in crime rate. And this is because the uninterrupted and untraceable money transaction facility given by Bitcoin. And if Bitcoin is legal according to government term and conditions then the price of Bitcoin will be stable. And it will be a simple currency like others. 
Everyone would like the bitcoin is accepted in all online and real stores and, as as mentioned in the title, what would happen if Bitcoin became a legal currency?
Bitcoin is not legal in many country. If it is legal in its own present term and conditions then the price of a country own currency will be fall. Their will be a possibility of economic crisis in those countries. The tax collection will be decrease . And this thing seriously affect an country economy growth. And i think their will be a possibility of increase in crime rate. And this is because the uninterrupted and untraceable money transaction facility given by Bitcoin. And if Bitcoin is legal according to government term and conditions then the price of Bitcoin will be stable. And it will be a simple currency like others. If bitcoin becomes legal currency then its price would cross more than 100k and more and more financial institutions would adopt bitcoin.
Bitcoin is legal in some of the countries so i think that we can consider bitcoin as a legal currency but i think that the one you are trying to point out is, when bitcoin will get accepted and legalized by a lot of countries then the price of bitcoin will reach up to $100,000 and that is one of the thing that i agree because it is so possible since we have low supply compare to the possible demand.
The demand for bitcoin would soar I believe if bitcoin became a legal currency which means more people would want to get in and get their hands on bitcoin and this will make the price go up.
If bitcoin becomes legal currency then its price would cross more than 100k and more and more financial institutions would adopt bitcoin.
The government will use Bitcoin and it will be impossible to find those who do not use them, so they will not be able to pay taxes on them, but the government can charge a fee for transactions held for people only. I think if bitcoin becomes a legal currency whole world, the price of bitcoin will go over 20k$-50k$.
Everyone would like the bitcoin is accepted in all online and real stores and, as as mentioned in the title, what would happen if Bitcoin became a legal currency?
Probably there is no volatile anymore because government will make sure that thing to not occur anymore and maybe the traditional way of investment will be applied to bitcoin under the system of digital money. I think if bitcoin legal in this world it will be great currency of all transaction and the investors getting more bitcoin because of the financial and benefits for the everyday so it is very exciting if can happen.
perhaps the entire system will be much improved and the use of crypto currency will be in any sphere of human activity. But each user of crypto-currencies, as well as everyone who earns on this business, will have to pay certain taxes from each transaction.Actually, legalization of bitcoin have a lot of advantages that makes us comfortable and easy to used by the different features of bitcoin can have. Also, it may also used on crime since the bitcoin is decentralized it will take advantage to those bad people that their money will using to transfer via BTC. Thus, it will depends to those users which make sense to each and everyone of us here in the crypto currency community.
I think if bitcoin legal in this world it will be great currency of all transaction and the investors getting more bitcoin because of the financial and benefits for the everyday so it is very exciting if can happen.
perhaps the entire system will be much improved and the use of crypto currency will be in any sphere of human activity. But each user of crypto-currencies, as well as everyone who earns on this business, will have to pay certain taxes from each transaction.Actually, legalization of bitcoin have a lot of advantages that makes us comfortable and easy to used by the different features of bitcoin can have. Also, it may also used on crime since the bitcoin is decentralized it will take advantage to those bad people that their money will using to transfer via BTC. Thus, it will depends to those users which make sense to each and everyone of us here in the crypto currency community.
Bitcoin is not illegal, it will gonna be a blast for me if government finally recognized bitcoin and the big companies even local business accepting bitcoin it will make our life easier with no transaction fee if you need to transact with a person far from you
I think if bitcoin legal in this world it will be great currency of all transaction and the investors getting more bitcoin because of the financial and benefits for the everyday so it is very exciting if can happen.
perhaps the entire system will be much improved and the use of crypto currency will be in any sphere of human activity. But each user of crypto-currencies, as well as everyone who earns on this business, will have to pay certain taxes from each transaction.
I think if bitcoin legal in this world it will be great currency of all transaction and the investors getting more bitcoin because of the financial and benefits for the everyday so it is very exciting if can happen.
If Bitcoin became a legal currency the one thing that the government would do is putting tax on it so that they could also make money on it like they always do. That is why I do not hope that it does not hope that the Bitcoin becomes fully legal.
With the current regulations governments are already making money by imposing taxes whenever someone cashes their BTC into fiats and now with the G20 decision, i think BTC is very close to becoming a global legalized currency. 
If bitcoin will become legal currency, then we have so much option in paying our bills or buying things online. This mean also that bitcoin is definitely taxable. Then people will bot enjoy it anymore because taxes are so big then. There is notjinh wrong of bitcoinneing a currency i guess.
Well, a lot of big problems will occur in this case because if bitcoin wants to become a legitimate currency, the government will definitely manage it, and as you said, bitcoin will have taxes, this will not be a small amount, we will be very sad when we work hard and the beneficiary is the government. Another problem is that the price of bitcoin will gradually become stable, the government will not allow the price of bitcoin to fluctuate sharply, this will facilitate the transaction and avoid the trouble for the economy, and the person who is most affected is us, so I never wish this to happen
If bitcoin will become legal currency, then we have so much option in paying our bills or buying things online. This mean also that bitcoin is definitely taxable. Then people will bot enjoy it anymore because taxes are so big then. There is notjinh wrong of bitcoinneing a currency i guess.
Everyone would like the bitcoin is accepted in all online and real stores and, as as mentioned in the title, what would happen if Bitcoin became a legal currency?
it will be a good impact on our economy if bitcoin fully accepted as a legal currency because this currency will very easier to use in all transaction. but there are also a problem if bitcoin became a legal currency maybe there will be taxes happened and controlled thier price.
If bitcoin will become a legal currency, well i think most of people are invested in bitcoin, and the price is getting more higher. Its a big opportunity also especially to the investors. If bitcoin became a legal, it can use already in any establishments and it accepted in all kinds of payments. We believe sooner it will become legal currency, so we need just patience to wait for it.
I’m sure that in the near future it will be regulated and that’s the time it will be considered as a legal tender. Then everyone should have a bitcoin card since we will be utilizing a digital currency. Looking forward for this.
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