Topic: will all the countries make cryptocurrency legal? - page 13. (Read 2538 times)
i noticed you said some countries ban bitcoins , there is no issue with these countries that ban bitcoins because they banning bitcoins has little to no impact on bitcoins reach or its development so you needn't worry or care unless its from the perspective wherein your concerned that the people in these countries are still engaging or have to be using illegitimate channels to access the service other wise its no worries. plus they will have to join the line soon .,
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 all depends on how countries see cryptocurrency. Some countries who specializes in technology like Japan see cryptocurrency as a good innovation which will help people a lot in the future. That is the reason why they started adapting cryptocurrency and they were able to catch-up in just a small span of time. However, some countries are banning bitcoin because they are afraid that cryptocurrencies are just a bubble since it is unsecured in terms of investment.
the possibility to being legal for bitcoin is pretty small because i think volatility still one of the main problem why government does not liked bitcoin because they obviously that heard many people has been lost their money during bitcoin trading and the government don't want their citizen also experience just like that
Of course, you are right most of the people considering a high volatile market but there are many people who make the profit on Bitcoin investment. Government will always think about the negative side because there is no government involvement when it comes Bitcoin buying and selling. This makes them not comfortable with bitcoin.
the possibility to being legal for bitcoin is pretty small because i think volatility still one of the main problem why government does not liked bitcoin because they obviously that heard many people has been lost their money during bitcoin trading and the government don't want their citizen also experience just like that
That's right government are really protecting its people from investing on this high risk market, so I think its hard for cryptocurrency to be recognize as legal currency in all country. But still its possible, we can make this thing legal but of course people should understand the risk here and not just to depend to anyone.
the possibility to being legal for bitcoin is pretty small because i think volatility still one of the main problem why government does not liked bitcoin because they obviously that heard many people has been lost their money during bitcoin trading and the government don't want their citizen also experience just like that
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
There are chances but it depends on their government and we can't do anything about it no matter what is their decision. If you are still thinking that way and never gained some profit then you are not a risk taker and you will remain the same just like that, always doubting without taking some actions. 
Everything is possible in this world.So I think the legalization of bitcoin through out the whole world is possible.But it takes some time.For the occurrence of both good and bad things need some time.So in a decade it's possible to make a bitcoin as a legal one.
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 the chance is very small. Cryptocurrency is like a gambling that you should always take the risk, profit is big but it can ruin your budget system if the project where you are in will not succeed or it is a scam. And look many scam ICO nowadays and the more that they are existing the more the victims will grow also in number. So if this is happening there will always a country that will never accept cryptocurrency but maybe they will create their own but has a big different than what we have today. 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 the chance is very small. Cryptocurrency is like a gambling that you should always take the risk, profit is big but it can ruin your budget system if the project where you are in will not succeed or it is a scam. And look many scam ICO nowadays and the more that they are existing the more the victims will grow also in number. So if this is happening there will always a country that will never accept cryptocurrency but maybe they will create their own but has a big different than what we have today.
Some countries had a strong stance against bitcoin and other cryptocurrencies and they no plans to allow in their own territory in the near future. Other nations gave in but imposed regulation on cryptocurrency exchanges and taxation on bitcoin transactions. There are also countries that banned bitcoin but they created their own cryptocurrency. With developments, I think it is impossible for the bitcoin to become legal in all the countries in the next several years.
This is the state of every country. How the population economy of a country is heavily bonded with Bitcoin, and the other side of the country's economy feels threatened.
Surely it will lead to taxes, and may be forced to legalize sometime if that happens, the government can only see if a large number of transactions with bitcoin and the state does not earn from it.
Surely it will lead to taxes, and may be forced to legalize sometime if that happens, the government can only see if a large number of transactions with bitcoin and the state does not earn from it.
Why it's taking a long time for the authorities to accept it. I understand that if crypto currencies gets in, the local fiats will ruin itself in the market. Th8s is the main reason. But leaders have to look at other side. The amount of profits and gains are very high with crypto than fiats. Their economy will have good growth. This should be realized.
This is the state of every country. How the population economy of a country is heavily bonded with Bitcoin, and the other side of the country's economy feels threatened.
Surely it will lead to taxes, and may be forced to legalize sometime if that happens, the government can only see if a large number of transactions with bitcoin and the state does not earn from it.
Surely it will lead to taxes, and may be forced to legalize sometime if that happens, the government can only see if a large number of transactions with bitcoin and the state does not earn from it.
The country that make altcoins legal is the country who aren't so much concerns about their own culture of dealing businesses through fiat.
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's very difficult to legalize cryptocurrency to all countries because many countries until now did not recognize and introduce bitcoin to their people. 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 do not think that someday all countries of the world will legalize the crypto currency. Such a decision requires a unified vision of this issue. And as we know, the governments of different countries treat the phenomenon of digital money differently. Some countries want to control the cryptosphere, some want to allow it to develop autonomously. Depending on these desires, a decision will be made about legalization.
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 do not think that someday all countries of the world will legalize the crypto currency. Such a decision requires a unified vision of this issue. And as we know, the governments of different countries treat the phenomenon of digital money differently. Some countries want to control the cryptosphere, some want to allow it to develop autonomously. Depending on these desires, a decision will be made about legalization.
It is almost typical one to answer because still, there are no exact rules for making cryptocurrency are legal. Governments are finding the path in which way they can legalise the cryptocurrency but some countries are not at all showing any interest towards legalising the cryptocurrency.
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
Not all countries praise and believed Bitcoin so it is impossible for the world to legalize Bitcoin but if you are belong to a nation who believe in Bitcoin or not ban it so why wasting your time for the other country? We cannot force them to join but the opportunity here is being wasted in which Bitcoin is proven to change lives. It will be there loss not ours.
It is not an overnight phenomenon of course. Making cryptocurrencies legal in all countries is still a hope for many of the people here in the community. But yes it is not going to happen very soon. This is because governments all over the world are not willing to take up this task. But one more thing is for sure if not all, most of the countries are going to take up this process of legalizing the bitcoin very soon.
But even if now where bitcoin is not legalized in most of the places, it is being used there by the people irrespective of the fact that governments don't recognize it as a legal tender.
But even if now where bitcoin is not legalized in most of the places, it is being used there by the people irrespective of the fact that governments don't recognize it as a legal tender.
Change is a big chance to the country who didn't yet make cryptocurrency legal. We all don't know when one country make it legal but for sure it will be in the future. If this really the future then it will happen. No one can stop it. Don't be afraid just go in the flow with right mindset.
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