will all the countries make cryptocurrency legal? - page 5.

lynttrs

newbie

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Quote from: mann1983 on March 05, 2018, 04:12:05 AM

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

We cannot control which countries would make bitcoin legal or not. Governments have different perspectives and plans regarding cryptocurrency. Some see it as a threat while some see it as an opportunity. But there are still several countries who support bitcoin. So there is still a potential for bitcoin as long as there are a number of countries who believe in its potential. And as long as it is legal in your own country, you don't have to worry that much.

enhu

legendary

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Some countries are already accepting BTC and its not going to be surprising if my country will also accept because a bank nearby is already accepting BTC, they may not be promoting this services but I learned from local BTC investor that they do.

The adoption is gradual but soon if XRP is going to be widely accepted and known then were all going to see a massive price rise to almost all altcoins.

Sandeep24

newbie

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Yes, I am sure all countries would be accepted Bitcoin cryptocrunncy as legal tender because several developing countries are already accepting Bitcoin as a legal tender.

labhsikh123

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If we talk about the legalization of cryptocurrency across the world, it is yet to be confirmed, all countries will be able to adapt its usage. All of them, have the issues to legalization and benefit of this for the world in business and development, it must be discussed. This step must be beneficial for a economy.

vessing

full member

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Quote from: BeGoods on June 03, 2018, 03:46:46 AM

Quote from: boblets243 on May 31, 2018, 06:03:48 AM

Quote from: mann1983 on March 05, 2018, 04:12:05 AM

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

Probably not all because each country has its own stand about Bitcoin. And we cannot change their perception in Bitcoin. Also, if they adopt this technology there will be a lot of changes. Sometimes some countries are too traditional which restrict change. Well of course, there are leaders who would want improvement and willing to take the risk

Exactly I think it might happen because of the pressure of the changing times? when many people in that country use bitcoin, maybe the government will think how to unify these two financial systems, and a rule for bitcoin is made, and legalization is given. if one country do that, I'm sure many countries will follow it, because nothing can stop a spreading technological development..

However, the recognition of the crypto-currency sets new challenges for the state, which it is absolutely necessary to resolve. In particular, the decentralized nature of the blockade puts the government in the task of finding a balance between anonymity and user safety. All this, of course,
leads to the improvement and development of not only the financial sector of the economy, but all aspects of the life of the rule of law.

BeGoods

legendary

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Quote from: boblets243 on May 31, 2018, 06:03:48 AM

Quote from: mann1983 on March 05, 2018, 04:12:05 AM

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

Probably not all because each country has its own stand about Bitcoin. And we cannot change their perception in Bitcoin. Also, if they adopt this technology there will be a lot of changes. Sometimes some countries are too traditional which restrict change. Well of course, there are leaders who would want improvement and willing to take the risk

Exactly I think it might happen because of the pressure of the changing times? when many people in that country use bitcoin, maybe the government will think how to unify these two financial systems, and a rule for bitcoin is made, and legalization is given. if one country do that, I'm sure many countries will follow it, because nothing can stop a spreading technological development..

Eleven86

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No all the countries didn't make the cryptocurrency as legal. Some countries only accept cryptocurrency as legal in their country. Due to cryptocurrencies tremendous growth it would be accepted as legal in so many countries. Soon this will change the other countries also. Now most of the countries accepted crypto as legal but with some restrictions. Some countries have serious discussion about accepting crypto. Hope in future surely it will accept by all countries.

boblets243

newbie

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Quote from: mann1983 on March 05, 2018, 04:12:05 AM

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

Probably not all because each country has its own stand about Bitcoin. And we cannot change their perception in Bitcoin. Also, if they adopt this technology there will be a lot of changes. Sometimes some countries are too traditional which restrict change. Well of course, there are leaders who would want improvement and willing to take the risk

Woolles890

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A Blockchain Mobile Operator With Token Rewards

Quote from: mann1983 on March 05, 2018, 04:12:05 AM

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 believe that someday cryptocurrency will be legal in all countries in the world. If every year cryptocurrency always shows rapid development and more and more enthusiasts. I am sure that many countries make it legal. Yes, maybe this is our greatest hope all.

barabarian1

sr. member

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probably all countries can legalize crypto but with the terms and conditions of each country. so that each country will make different rules of law. because crypto users are very difficult to monitor, this is because crypto users come from various countries and can transact with any country. and various transactions that occur. so it is possible to violate the law.

act now

member

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I think that there will always be countries that do not recognize cryptocurrencies. And another question - how detailed will be the legislative regulation in the countries where cryptocurrencies will be recognized?

Sandeep24

newbie

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Of course it would be legally accepted by all countries.Due to popularity of Bitcoin various countries are coming on single platform for acceptance of cryptocrunncy that is really a positive news for us.

Williams John

newbie

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Bitcoin’s legality is quite a controversial issue as almost every country has rejected it as a legal tender. This is primarily because of the fact that Bitcoin is a decentralized cryptocurrency. While it is not officially legal in the US, the government has classified cryptocurrencies as MSB (Money Services Business). The US government has been more open and positive about Bitcoin compared to many other nations. Several government bodies have been instructed that all Bitcoin transactions need to be carried out only in legal terms.

alex_gr_cc

jr. member

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Sooner or later all countries will make the cryptocurrency legal. Now it's better to deal with those cryptoexchanges that are in the jurisdiction of countries that are positive about the cryptocurrency.

jonaire99

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Quote from: mann1983 on March 05, 2018, 04:12:05 AM

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

These countries has a negative perceptions on cryptocurrencies and that restriction on trading will continue until a new leader with open mind took office. Only time can tell when will the country's leaders legalizes bitcoin and trading exchanges. Magbe it is hard for them to allow a virtual currency that is decentralized or can't be control by any existing laws.

noweightcoins

newbie

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I think that no matter how close minded some goverments are, sooner or later they will have no choice but to adopt cryptos. Some will take the initiative themselves and some will just have to follow for the sake of their financial relationships with other countries.

imsotiredofmoviereboots

full member

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It is certain that there will be countries that will be close-minded when it comes to crypto. These countries are mostly late when it comes to technology or they can also be countries that only see negativity around crypto rather that its benefits.

alon_alon

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Quote from: mann1983 on March 05, 2018, 04:12:05 AM

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'm sure someday all countries will make cryptocurrency legal. Yes indeed if for the near future I think it is very unlikely. Surely this takes a very long time. If Bitcoin continues to show its development and high prices, I believe all countries will also think to legalize Bitcoin in their respective countries.

Qunetick

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Quote from: SectorZero on May 23, 2018, 02:57:19 PM

Quote from: mann1983 on March 05, 2018, 04:12:05 AM

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

Very much just a friend, you see as far as the countries are in uncertainty. That is told about the ban, and then taxes consider. Constantly there is a speculation in the price. If your country hasn't legalized cryptocurrency that look narrowly at more friendly countries. Cool

More friendly countries includes the countries in Asia and one particular country as an example is Japan and South Korea, was into the legalization of bitcoin. Their country has a fair regulations about bitcoin which has helped the bitcoin price to become more stable for few months, while the dip was still happening right now. In western countries there were some countries that bans bitcoin because of serious reasons which I think not really significant to bitcoin, because I knew bitcoin can be regulated. If asian and other countries imposed a fair regulations about bitcoin, then why its hard to legalize cryptocurrency? That would be so hard to think about, but still am hopeful this will be legalized 80% of the countries around the world will adopt cryptocurrency.

jerix

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Quote from: mann1983 on March 05, 2018, 04:12:05 AM

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 the development of cryptocurrency more rapidly and more and more crypto enthusiasts. I think in the future later all countries will create legal cryptocurrency. If the price of all crypto high currencies is certain the government of the country will think to legalize cryptocurrency in the country.

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