Which country will be the first to legalize Bitcoin? - page 10.

The Alchemlst

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Quote from: luxcoin on October 15, 2017, 05:30:59 AM

Or others Criptocurrencies I mean..

I'm looking forward to read and hear this news that will happen soon then what we are thinking..and it will change the way of action in economic world by who already are against BTC and stuff.
It has to happen ( even if I don't know how )

I bet in China Wink

I think china wouldn't legalize bitcoin, they have a strict economy since they have a very large population and bitcoin is not taxable that is why they are planning to ban it in their country. But if they happen to actually legalize bitcoin then it would be a great news for a lot of bitcoin investors since it would open to new opportunities for bitcoin to gain much more higher value compared today.

Frank0209

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Quote from: katiecbell on November 01, 2017, 02:54:08 AM

Quote from: YellowRiver on October 29, 2017, 06:52:59 PM

Quote from: Freshmen on October 26, 2017, 05:03:07 AM

Quote from: akablackhat on October 24, 2017, 05:18:10 AM

Germany was the first country to recognize bitcoin as private money (or currency).

Well to be honest I am not aware of this reality and I am happy read your post and it has increased my knowledge and the information of the bitcoin acceptance. I hold the bitcoin and here in my country bitcoin is being use for the payment and the other purposes, money can be use but the bitcoin is easy and simple to pay no one will be able to take the extra income and tax from your pocket if you will use the bitcoin as the legal currency.

Well bitcoin is already legalized in some countries and I think japan was the first country who make bitcoin legalized in his country and I’m quite sure that rest of countries will also accept bitcoin because bitcoin have a power that can compel any country to make bitcoin legal in his country because they know bitcoin can play a big role in their economy.

I think Vietnam was the first country who legalized bitcoin as their legal and regular currency and started using bitcoin in their local markets. Now they have ATM machines of bitcoin. Gradually many other countries like Japan, India, South Africa, have legalized bitcoin and now Russia is going to legalize bitcoin in 2018.

It means that the world so turning towards bitcoin and in the near future the entire world will use bitcoin as a legal and regular currency.

You're totally wrong my friend. Vietnam will never be the first country legalizing Bitcoin cause they're developing country so their technology still not developed enough to control Bitcoin. Beside Vietnamese government is going to ban Bitcoin in next year that why I think this case will never happen

). IMO it must be Japan where Bitcoin was born. At the moment everyone in Japan can easily use Bitcoin for payment in almost place in their country and it'll become the main payment method in this country soon.

expless

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Quote from: Sled on November 12, 2017, 07:53:02 AM

There is a lot of countries that legalized bitcoin and i think that Japan was the first to fully legalized bitcoin. Bitcoin is a great cryptocurrency and that is why they legalized it and made it as a official currency in their country. I hope that the other countries and not only in the Asian countries will legalize bitcoin so they can enjoy the benefits of bitcoin.

Yeah mate it has be legalized by many countries and they are already moving toward the economic stability as well as to the development and now I am looking forward to the crucial decision that which country will declare it as national currency and in Asia bitcoin has been accepted by many countries and this thing is giving more popularity and progress to the btc and surely in future btc will be national coin.

JacksonMonroe

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I think it is already legalized in my country because if i want to cash out some coins then i need to pay tax for the amount and also i can pay at a lot of things with my bitcoins already so i am actually very happy that my country is so far.

gamalzour

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Quote from: dermur on November 12, 2017, 02:15:26 AM

In Japan Bitcoin is accepted at some retail locations–notably 'Bic Camera' which is a nationwide electronics chain store

We all know the list of countries that have ample as a legal way of earning. The top in this list is obviously America that has made the use of the digital currencies legal in their vicinity but with some partiality. On the other hand, Japan has considered it as a non harmful method of payment .Along with all this Europe Canada Israel and also the Korea has made the Btcs in the list of legitimate assets. So this is possible for the bitcoiners to use the currency in these listed countries with ease and less harm.

Kevin77

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Quote from: luxcoin on November 13, 2017, 04:02:09 AM

Quote from: bitgolden on November 07, 2017, 11:45:14 PM

Quote from: LoudA__ on October 31, 2017, 06:23:44 PM

Quote from: MAHNOOR on October 31, 2017, 05:59:40 PM

Quote from: sheenshane on October 29, 2017, 01:51:17 AM

First country legalized bitcoin and start is in the USA, after that many countries slowly adapt bitcoin as a economical problem solve. A source of extra income thats why many people adapt bitcoin in their country.
So far this year bitcoin approve by our government here in philippines the central bank of philippines will now acknowledge bitcoin apart of them by using transaction to pay.

I don’t know which country legal bitcoin first because some countries like JAPAN, USA, KOREA, CANADA etc where bitcoin have a lot of followers and they believe in bitcoin so their countrymen are enjoying their time and this is what people hope in bitcoin investment.

Japan is different from that 3 countries. We all know that Japan is now accepting bitcoin and legalized it. I think from what is happening, Japan will be the only one legalizing bitcoin this year, I think they will be just waiting what might happen to Japan before they accept it.

Well its already legal in some countries and I think japan was the first country who make bitcoin legal in his country and now some other countries are also trying to make bitcoin legal and in japan they are going to teach bitcoin in schools as well so there is no doubt that in a coming time all the rest of countries who accept bitcoin they will make it legal.

Are you really sure " they star to teach Bitcoin in schools " ?
In my country most of the adults do not even know what really is Grin

Anyway it has to happen sooner or later - no matter how much they try to use the attention of mass media to bad talk about it.

It is a gradual process and it definitely will happen later on whether we like it or not. In some countries, blockchain technology and cryptocurrency are already being taught in higher institutions Computer Sciences classes which are really bringing in so much development right now in the blockchain tech world and would even bring further development as time goes on.

Bitcoin support keeps getting strengthened by the day and a government of any country will be doing themselves more harm trying to attack it than trying to benefit from it.

mOgliE

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Your question is already obsolete...

Because indeed, there are laready countries in which bitcoin is legal. Maybe what you thought about was not just legal entitlement to exist but rather a widely spread use and recognition in official institutions.

Regarding this, I do not think this is going to happen suddenly. Changes is habbits will be smooth and discrete. But one day it will be actually widely spread and it will be difficult for any one to point out a specific starting point! Wink

megynacuna

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Quote from: luxcoin on November 13, 2017, 04:11:43 AM

Quote from: Sled on November 12, 2017, 07:53:02 AM

There is a lot of countries that legalized bitcoin and i think that Japan was the first to fully legalized bitcoin. Bitcoin is a great cryptocurrency and that is why they legalized it and made it as a official currency in their country. I hope that the other countries and not only in the Asian countries will legalize bitcoin so they can enjoy the benefits of bitcoin.

It has to start from one country. And as you see and I agree with you it might be some country from East Asia like Japan or others. And then after it set the first step, many other country all around the world, especially those who are struggling to survive can take many advantages from adopt it.

We'll see, something is going to happen soon..

I agree Japan are the most likely candidate to start bitcoin's legalization because they seem to be allowing bitcoin to gain grounds over there than many of the advanced countries out there and so if there is ever a country that will legalize bitcoin then Japan comes first in mind.

luxcoin

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Quote from: Sled on November 12, 2017, 07:53:02 AM

There is a lot of countries that legalized bitcoin and i think that Japan was the first to fully legalized bitcoin. Bitcoin is a great cryptocurrency and that is why they legalized it and made it as a official currency in their country. I hope that the other countries and not only in the Asian countries will legalize bitcoin so they can enjoy the benefits of bitcoin.

It has to start from one country. And as you see and I agree with you it might be some country from East Asia like Japan or others. And then after it set the first step, many other country all around the world, especially those who are struggling to survive can take many advantages from adopt it.

We'll see, something is going to happen soon..

luxcoin

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Quote from: bitgolden on November 07, 2017, 11:45:14 PM

Quote from: LoudA__ on October 31, 2017, 06:23:44 PM

Quote from: MAHNOOR on October 31, 2017, 05:59:40 PM

Quote from: sheenshane on October 29, 2017, 01:51:17 AM

First country legalized bitcoin and start is in the USA, after that many countries slowly adapt bitcoin as a economical problem solve. A source of extra income thats why many people adapt bitcoin in their country.
So far this year bitcoin approve by our government here in philippines the central bank of philippines will now acknowledge bitcoin apart of them by using transaction to pay.

I don’t know which country legal bitcoin first because some countries like JAPAN, USA, KOREA, CANADA etc where bitcoin have a lot of followers and they believe in bitcoin so their countrymen are enjoying their time and this is what people hope in bitcoin investment.

Japan is different from that 3 countries. We all know that Japan is now accepting bitcoin and legalized it. I think from what is happening, Japan will be the only one legalizing bitcoin this year, I think they will be just waiting what might happen to Japan before they accept it.

Well its already legal in some countries and I think japan was the first country who make bitcoin legal in his country and now some other countries are also trying to make bitcoin legal and in japan they are going to teach bitcoin in schools as well so there is no doubt that in a coming time all the rest of countries who accept bitcoin they will make it legal.

Are you really sure " they star to teach Bitcoin in schools " ?
In my country most of the adults do not even know what really is Grin

Anyway it has to happen sooner or later - no matter how much they try to use the attention of mass media to bad talk about it.

Malaya

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Quote from: LoyceV on October 15, 2017, 05:47:48 AM

Bitcoin is already legal in many countries, see Legality of bitcoin by country or territory for a list per country.

Some countries officially recognize Bitcoin:

Quote

Japan officially recognizes bitcoin and digital currencies as a "means of payment that is not a legal currency"

Others declared it "not illegal":

Quote

As of November 2016 declared, bitcoins are "not illegal" according to the Federal Tax Service of Russia

(quotes from Wiki)

I would agree in this. Bitcoin has been legal with money countries and has been widely spread even in the governments. However Japan has the first to recognize bitcoin as a good resource for payment and any transactions. I believe many more countries even in Asia will legalise it as the day comes.

ladydark

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Japan has already legalized bitcoin.Many other countries like australia are also friendly to bitcoin and might legalize in future.At first,vietnam was in an idea of legalizing bitcoin,but suddenly changed its decision and banned bitcoin.Same is the case with south korea also.India has not still made its stand clear.But in future,we may expect many countries to legalize bitcoin.

Sled

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There is a lot of countries that legalized bitcoin and i think that Japan was the first to fully legalized bitcoin. Bitcoin is a great cryptocurrency and that is why they legalized it and made it as a official currency in their country. I hope that the other countries and not only in the Asian countries will legalize bitcoin so they can enjoy the benefits of bitcoin.

dermur

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In Japan Bitcoin is accepted at some retail locations–notably 'Bic Camera' which is a nationwide electronics chain store

zombie6

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USA or China, and active work on this issue is already being conducted there and there! Officials think about how to arrange all this to make it profitable and not dangerous for the state

bitgolden

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Quote from: LoudA__ on October 31, 2017, 06:23:44 PM

Quote from: MAHNOOR on October 31, 2017, 05:59:40 PM

Quote from: sheenshane on October 29, 2017, 01:51:17 AM

First country legalized bitcoin and start is in the USA, after that many countries slowly adapt bitcoin as a economical problem solve. A source of extra income thats why many people adapt bitcoin in their country.
So far this year bitcoin approve by our government here in philippines the central bank of philippines will now acknowledge bitcoin apart of them by using transaction to pay.

I don’t know which country legal bitcoin first because some countries like JAPAN, USA, KOREA, CANADA etc where bitcoin have a lot of followers and they believe in bitcoin so their countrymen are enjoying their time and this is what people hope in bitcoin investment.

Japan is different from that 3 countries. We all know that Japan is now accepting bitcoin and legalized it. I think from what is happening, Japan will be the only one legalizing bitcoin this year, I think they will be just waiting what might happen to Japan before they accept it.

Well its already legal in some countries and I think japan was the first country who make bitcoin legal in his country and now some other countries are also trying to make bitcoin legal and in japan they are going to teach bitcoin in schools as well so there is no doubt that in a coming time all the rest of countries who accept bitcoin they will make it legal.

cr_liev

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It seems to me that in Japan they already widely use Bitcoin for payments, but I know for sure which country will be last to legalize Bitcoin Roll Eyes

North Korea?

luxcoin

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Quote from: Bezobraznike on October 31, 2017, 06:15:23 PM

Quote from: MAHNOOR on October 31, 2017, 05:59:40 PM

Quote from: sheenshane on October 29, 2017, 01:51:17 AM

First country legalized bitcoin and start is in the USA, after that many countries slowly adapt bitcoin as a economical problem solve. A source of extra income thats why many people adapt bitcoin in their country.
So far this year bitcoin approve by our government here in philippines the central bank of philippines will now acknowledge bitcoin apart of them by using transaction to pay.

I don’t know which country legal bitcoin first because some countries like JAPAN, USA, KOREA, CANADA etc where bitcoin have a lot of followers and they believe in bitcoin so their countrymen are enjoying their time and this is what people hope in bitcoin investment.

It is not important which country is the first, what is important that in the end
all countries should legalize bitcoins, and some other crypto-currencies.
Countries that are first, like people who introduced with bitcoins first, have benefits
from that. Countries that adopt bitcoin sooner will have more time to establish new
system of payment network, they will make companies for that sooner then others and
they will earn from that a lot.
It is like some kind of changing, who pass trough this changes will advance further and
be concentrated on next big life questions, while others will stay in stone age and think
how to light a fire.

Totally agree with you.
They have to change they view with this kind of disruption payments that People really want as we can see on market nowadays.
As usual the first adopter will take more advantages then others but we can say it need to be done by someone; it isn't anymore just a possible question IF but WHEN.
I'm looking anyway in the far East..

katiecbell

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Quote from: YellowRiver on October 29, 2017, 06:52:59 PM

Quote from: Freshmen on October 26, 2017, 05:03:07 AM

Quote from: akablackhat on October 24, 2017, 05:18:10 AM

Germany was the first country to recognize bitcoin as private money (or currency).

Well to be honest I am not aware of this reality and I am happy read your post and it has increased my knowledge and the information of the bitcoin acceptance. I hold the bitcoin and here in my country bitcoin is being use for the payment and the other purposes, money can be use but the bitcoin is easy and simple to pay no one will be able to take the extra income and tax from your pocket if you will use the bitcoin as the legal currency.

Well bitcoin is already legalized in some countries and I think japan was the first country who make bitcoin legalized in his country and I’m quite sure that rest of countries will also accept bitcoin because bitcoin have a power that can compel any country to make bitcoin legal in his country because they know bitcoin can play a big role in their economy.

I think Vietnam was the first country who legalized bitcoin as their legal and regular currency and started using bitcoin in their local markets. Now they have ATM machines of bitcoin. Gradually many other countries like Japan, India, South Africa, have legalized bitcoin and now Russia is going to legalize bitcoin in 2018.

It means that the world so turning towards bitcoin and in the near future the entire world will use bitcoin as a legal and regular currency.

LoudA__

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Quote from: MAHNOOR on October 31, 2017, 05:59:40 PM

Quote from: sheenshane on October 29, 2017, 01:51:17 AM

First country legalized bitcoin and start is in the USA, after that many countries slowly adapt bitcoin as a economical problem solve. A source of extra income thats why many people adapt bitcoin in their country.
So far this year bitcoin approve by our government here in philippines the central bank of philippines will now acknowledge bitcoin apart of them by using transaction to pay.

I don’t know which country legal bitcoin first because some countries like JAPAN, USA, KOREA, CANADA etc where bitcoin have a lot of followers and they believe in bitcoin so their countrymen are enjoying their time and this is what people hope in bitcoin investment.

Japan is different from that 3 countries. We all know that Japan is now accepting bitcoin and legalized it. I think from what is happening, Japan will be the only one legalizing bitcoin this year, I think they will be just waiting what might happen to Japan before they accept it.

Topic: Which country will be the first to legalize Bitcoin? - page 10. (Read 4507 times)