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Topic: will all the countries make cryptocurrency legal? - page 10. (Read 2538 times)

sr. member
Activity: 714
Merit: 254
I still have a dough on taking a risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal
Surely the opportunity is huge. If only all Governments in all countries could accept Bitcoin Bitcoin development would be more rapidly and the price will be higher. Hopefully in the future will all countries in the world can make Cryptocurrency World become legal in his country.

It will only happen if cryptos become regulated assets which includes them being taxable. If this happens, govts will definitely have no issues in having their (registered) merchants accept crypto payments since tax evasion (i think) is their main concern.
It is okay if the government will not make it legal for as long as we are free to access it, hope that the thing that they will make taxable are those who are doing trading, to add some input tax in exchanges if ever, but if they will not make it legal it is fine we are all in favor with that.
newbie
Activity: 107
Merit: 0
I still have a dough on taking a risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal
Surely the opportunity is huge. If only all Governments in all countries could accept Bitcoin Bitcoin development would be more rapidly and the price will be higher. Hopefully in the future will all countries in the world can make Cryptocurrency World become legal in his country.

It will only happen if cryptos become regulated assets which includes them being taxable. If this happens, govts will definitely have no issues in having their (registered) merchants accept crypto payments since tax evasion (i think) is their main concern.
newbie
Activity: 152
Merit: 0
I still have a dough on taking a risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal
Surely the opportunity is huge. If only all Governments in all countries could accept Bitcoin Bitcoin development would be more rapidly and the price will be higher. Hopefully in the future will all countries in the world can make Cryptocurrency World become legal in his country.
full member
Activity: 826
Merit: 111
It will take long time to countries accept cryptocurrency as legal. Now bitcoin is legal in so many countries at the same time many countries banned the bitcoin. Countries afraid of bitcoin because it enters it will totally affects the local fiat. People are ready to use bitcoin it will dominate the local currency. This is the main reason the countrues not accepting bitcoin as legal.
sr. member
Activity: 812
Merit: 260
I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal
it will not, until whenever it will never happen, where all countries recognize the existence of bitcoin, and legalize it in their respective countries, there will be some countries that keep banning bitcoins in, and there are also countries that accept
Yes you are right, not all countries may make bitcoin legal but still there is a possibility about it so for me it does not matter if some countries would remain to banned bitcoin and still won't care of having cryptocurrency in their country because we do have a lot of demands still so we don't need them.
member
Activity: 308
Merit: 10
I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal
it will not, until whenever it will never happen, where all countries recognize the existence of bitcoin, and legalize it in their respective countries, there will be some countries that keep banning bitcoins in, and there are also countries that accept
hero member
Activity: 756
Merit: 500
It wont happen. Goverments Do not accept that economic power to get out of their hands. So Im sure politicians will fight with crypto . but blockchain revolution will be with us, therefore BTC is unstoppable.
full member
Activity: 770
Merit: 126
Well, time shall tell on when all other countries of the world will legalise bitcoin and crypto currency in general. Although, am not not optimistic that crypto currency will be legalise in all the countries of the world sooner.  
member
Activity: 266
Merit: 10
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Each country has its rules regarding the legal side of cryptocurrencies, but the adoption will necessarily pass through the use of the blockchain in everyday life (mining, payment, cloud, sensitive data protection ...).
We need to have a very long-term vision before the blockchain has a real impact on our lives.
member
Activity: 630
Merit: 24
I don't think that it will happen in near future. We have a lot of cultural space between countries, that's why it will take a lot of of time to change the opinion about crypto in some places (will not list them)

I will try to expain it more easily.When goverment makes cryptocurrency legal and have friendly approaches,everyone especially large investors and startuppers start to have business relationships with these countries,therefore other countries in the neighbourhood try to do the same if not more to catch up with it and to have economic links to developed countries in this sphere.all we know that there are still reasons to organize a business activities at here,So that's why i think it will not take a lot of time...In another situation its more like a closed economy,where country has no link with any other..
legendary
Activity: 2366
Merit: 1206
I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal

Why should you fear of something when it's not going to offer you.  If your country permits all citizens to use or trade bitcoin or any crypto currencies, then yes,  you can freely have access to use crypto currencies. If not then need to think on it.  If you are dare enough, you can very well do it so.  No harm in it?
I can understand their reasoning. how can crypto market be jiggle only from FUD? especially if governments across the country prohibit bitcoin maybe it could be the end of the crypto? so naturally if they questioned "could there be a regulation for crypto?" because it will provide little investment security/safely for them
Not all countries bitcoin make them legal to their place some of them refuse and some of them embrace bitcoin technology, like what happen to Japan they are friendly on bitcoin and other cryptocurrencies. If I was not mistaken they have many companies of crypto exchange.
But there is country also who refused bitcoin just like China, they banning crypto exchange in their place.

Their government avoiding to these possible happen if they allow bitcoin.
*to use in illegal activities
*users to become Ponzi scheme
*maybe bitcoin is big competent to the bank of the country near in the future.

Those the negative side they saw in bitcoin but they never know that this is bringing people to fulfil their daily needs.
newbie
Activity: 24
Merit: 0
Saya pikir sebagian negara ada yang membuat da  ada yang tidak . tergantung negara nya apahkah cryptocurrency bisa meningkatkan ekonomi suatu negara atau tidak . tidak semua negara membuat crytocurrency legal.
newbie
Activity: 28
Merit: 0
I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal

Why should you fear of something when it's not going to offer you.  If your country permits all citizens to use or trade bitcoin or any crypto currencies, then yes,  you can freely have access to use crypto currencies. If not then need to think on it.  If you are dare enough, you can very well do it so.  No harm in it?
Thinking about fear of something when it's never going to offer you. If your country permits all individuals to use or control bitcoin or any crypto currencies, then yes, you can freely have gain access to use crypto stock markets. If not then need to think upon it. In the event you are dare enough, you can very well do it so. Not any harm in it?
jr. member
Activity: 213
Merit: 1
I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade.
so is there any chance for those countries to make it legal

I think every country has a different policy about bitcoin legality and its rules, and as long as this country still gives freedom in trading transactions with crypto I do not think it should be discussed about legality
And about the opportunity for bitcoin legality is very small because so far bitcoin is more dominant as a business asset than currency.
hero member
Activity: 1148
Merit: 504
I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal

Why should you fear of something when it's not going to offer you.  If your country permits all citizens to use or trade bitcoin or any crypto currencies, then yes,  you can freely have access to use crypto currencies. If not then need to think on it.  If you are dare enough, you can very well do it so.  No harm in it?
I can understand their reasoning. how can crypto market be jiggle only from FUD? especially if governments across the country prohibit bitcoin maybe it could be the end of the crypto? so naturally if they questioned "could there be a regulation for crypto?" because it will provide little investment security/safely for them
full member
Activity: 1736
Merit: 121
Making bitcoin legal would not come in unison. Some countries might be ready and considering its legality before another country but what I understand is that because bitcoin is a decentralized coin, whether legal or not, it won't be stopped.
sr. member
Activity: 672
Merit: 271
I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal
If you are waiting for govt. To make it legal before you invest in cryptos then its better if you drop the whole idea of investing in cryptos itself. Cryptos are targetted at removing centralized censorship over money in this world. And what you are saying is that you will invest in decentralization when the centralized authority will allow it? Do you really think this will ever happen? Moreover even if all countries make it legal that wont mean they will have it backed as a legal tender too. No third party can guarantee you your money when it comes to cryptos.
hero member
Activity: 1078
Merit: 507
Every have their own views, so it does not depend that all countries will join there hands and make cryptocurrency legal. Many countries have taken subsequently steps in order to make crypto legal and safe but many are against also. So, judgement of countries will remain a question as their views can be changed at anytime.
full member
Activity: 406
Merit: 110
I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal

Why should you fear of something when it's not going to offer you.  If your country permits all citizens to use or trade bitcoin or any crypto currencies, then yes,  you can freely have access to use crypto currencies. If not then need to think on it.  If you are dare enough, you can very well do it so.  No harm in it?
Don't doubt anything right? if I we are the investors/users here  so we should be the number one who will positively sees bitcoin as a good and potential income and that will change and will make innovation in the world and if we will not do it then the tendency is that countries won't make it legal as well.
full member
Activity: 532
Merit: 103
I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal

Why should you fear of something when it's not going to offer you.  If your country permits all citizens to use or trade bitcoin or any crypto currencies, then yes,  you can freely have access to use crypto currencies. If not then need to think on it.  If you are dare enough, you can very well do it so.  No harm in it?
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