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Topic: will all the countries make cryptocurrency legal? - page 6. (Read 2538 times)

sr. member
Activity: 2506
Merit: 368
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
The risk is always there no matter where you go, it is just a matter of how you will handle the risk when you take it. If that's how you set your mind, then i guess you won't go far in life and you will stay at your cave while some of them are taking the risk and leaving you while they find their new home. Why are you worried at the other countries if they were not legal yet? You only have one country and a nationality, unless you wanted to travel all around the globe while using your Bitcoin as a payment.
legendary
Activity: 1036
Merit: 1002
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 Wink
newbie
Activity: 104
Merit: 0
I think it all depends on the Government of our countries, but if for real Government will legalize cryptocurrency  there will be change in our countries and we will start developing more than we are developed now and people in our countries will be more freer to do some things than they are now.
newbie
Activity: 63
Merit: 0
There is as big chance to that for every country have its own jurisdiction of property. Freedom to let things flows freely or made it under control. If every country meke crypto currency as lergal I think there would be good advantage.
member
Activity: 350
Merit: 14
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
Some have but i think some are not! They hard to find something that makes them to legalize it maybe! But hoping that someday they'll realize and found out what they're needed to make it legallize to them. Hopiiiiing just hoping!
newbie
Activity: 104
Merit: 0
While some countries find it difficult to legalize it, it is because of the decentralize nature of it. Government will always want to have direct or indirect control of the financial world which is anti_smart contract which is one the key features of cryptocurrency through blockchain technology.
full member
Activity: 826
Merit: 111
Hope so but not immediately all countries accept cryptocurrency as legal. It will take time to understand the whole concept about the cryptocurrency. Some countries now announced cryptocurrency as legal. This would change the other countries also. If one country is well in economic growth with cryptocurrency means other countries also consider about the legalization of cryptocurrency.
sr. member
Activity: 1246
Merit: 261
★ Investor | Trader | Promoter
This can be done in future but not now,  because many countries have no faith in cryptocurrency. Government afraid if they accept bitcoin people use that for illegal purpose. It takes long time to understand the whole concept about cryptocurrency. If one country accepts cryptocurrency and running successfully means automatically the other cointries are ready to accept as legal.
sr. member
Activity: 536
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
Yes, all the countries make cryptocurrency legal but not immediately. It will take more time, but at the same time some countries annouced that bitcoin is legal. Some countries banned the cryptocurrency. We dont know what exactly is going on, in many countries serious discussion is going on about legalization of cryptocurrency. But cryptocurrency will surely rule the world in future. So hope soon all the countries will accept cryptocurrency.
This can be done so slow and I think every leaders should study the advantages of cryptocurrency rather than banning it. There must be a certain conferences with those biggest investors prior this currency will be implemented. Making this legal can be so hard for every country specially when the leader of each particular state wouldn't recognized paperless transactions like bitcoin and other crypto.
member
Activity: 364
Merit: 10
Yes, all the countries make cryptocurrency legal but not immediately. It will take more time, but at the same time some countries annouced that bitcoin is legal. Some countries banned the cryptocurrency. We dont know what exactly is going on, in many countries serious discussion is going on about legalization of cryptocurrency. But cryptocurrency will surely rule the world in future. So hope soon all the countries will accept cryptocurrency.
newbie
Activity: 136
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
Yes because the world knows exactly how big is the lack of the old system on its service to the society and crypto currency is the answer to this need.
jr. member
Activity: 322
Merit: 1
Sooner or later all countries will legitimize cryptocurrencies. There is no doubt about this. The question is, what laws will regulate cryptocurrencies. How tough the conditions will be.
hero member
Activity: 2590
Merit: 549
Rollbit
As far as I know based on news and some comments here in forum, bitcoin is not yet legal in all countries or ban in some countries because of the fear that bitcoin might be used in some illegal activities like drug trafficking or terrorist activity.But I hope seeing the good side of it might change their mind and will initially get involve in it so that cryptocurrency continues then bitcoin will exist forever.

Those are just common reasons, and its already happening now. Blackmarket has been using Bitcoin for every transaction for quite a long time already. But these kinds of illegal activities has existed long before Bitcoin was created.
The main reason why some countries arent on Bitcoin side, because the whole idea of Bitcoin and its decentralization goes against the Government and the banks.
newbie
Activity: 196
Merit: 0
Well, the Anglo-Saxon legal system already regulates this market, although not all, but most of continental Europe Yes, and Romano-German, in particular, only some countries are just beginning to adapt.
jr. member
Activity: 196
Merit: 1
EndChain - Complete Logistical Solution
I still have a dough on taking the 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 am sure one day all countries will legalize cryptocurrency in their respective countries. Although it sounds very impossible I believe the cryptocurrency can melt any Government in the world. If the development of crypto is better and the higher the price. The government will definitely not hesitate to legalize cryptocurrency. What I say now hopefully can happen later.
newbie
Activity: 154
Merit: 0
As far as I know based on news and some comments here in forum, bitcoin is not yet legal in all countries or ban in some countries because of the fear that bitcoin might be used in some illegal activities like drug trafficking or terrorist activity.But I hope seeing the good side of it might change their mind and will initially get involve in it so that cryptocurrency continues then bitcoin will exist forever.
full member
Activity: 450
Merit: 107
🚀🚀 ATHERO.IO 🚀🚀
maybe. in the future, all countries will legalize digital currency because it is an urgent need because in the future it will require flexible and acceptable currencies in all countries with ease. so that digital currency can provide solutions for the future of the economy of all countries.
jr. member
Activity: 77
Merit: 1
Whether you like it or not or government in a particular country endorse the the acceptability of bitcoin or not, bitcoin are used in all the country in the world. Many people are involve in international trade so therefore, it may not be used locally but people used it for international trading and its transaction is very easy. Do not wait until all country pronounce bitcoin to be legal before you venture into it.
member
Activity: 630
Merit: 24
we all expect all nations to accept and ligal bitcoin, cryptocurrency and blockhcain but we know there are many countries that are still not ready to accept for some reason
but I believe bitcoin is the future advancement of eco-economic digital that is impossible, not learned by many countries so they do not take into account for the future of the digital economy

Therefore people need political will for this processes and I think initiatives like this may come from international agreements,Yes that's true that every country will make decisions by their own legislative bodies, but it may be helpful for this process.In additional,If countries don't take into account international practices it will be bad for their juridical doctrine,because of conflicts of law.we know that developed countries have their own international private law,which protects interests between the counties ,So if developed countries make it legal and developing countries not,when there are discussion between two countries it will cause very bad conflicts of laws.
newbie
Activity: 98
Merit: 0
I do not rushed them as well to make all crypto as Legal or Bitcoin alone as legal, but as the countries accept cryptocurrency on their country it is a big achievement and they allowed it to be used freely around the community, as long as they put things on illegal matter I think everything will be just fine.
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