Topic: Will Bitcoin get legal legalization of all the countries on any given day? - page 2. (Read 359 times)

Not all the countries offcourse!

When there are countries like China they strive

To gain power over everyone and then they tend to

dominate everything thus they start regulating the major

 things that comes in their way, but then again bitcoins are

non centralized thus they cannot be regulated legally and

 using wrong methods will cause the cryptocurrency world

to crumble in itself, now this legalization cannot be

attained globally.

some countries not let their currency beaten by bitcoin. like in my country, government not legalize bitcoin as payment maybe because they want their people only use our own currency

I think government will no legalize it, as long as they cannot tax it in an easy way.

This is a great goal, but at least it seems out of reach. You can see in Asia, except Japan, almost all countries are very vigilant for bitcoin, and even issued a temporary restrictions.

Simple Answer : No.

There are totalitarian regimes all throughout the world that would not allow their people to operate with any currency or consent to any trade that they themselves can not tax, tariff or forbid. As long human nature remains the same and there are people mad-hungry for power these sorts of governments, totalitarian regimes and feigned democracies will exist and they will continue to limit the access and power of those beneath them. Some will see bitcoin as a threat and suppress it to the best of their ability.

I do not see North Korean citizens having bitcoin anytime soon, please correct me if I have misspoken, but it seems that only developed/developing countries will even attempt to legislate anything to do with bitcoin. There will never, in my opinion, be a day where bitcoin is legal world-wide universally; just as I don't believe there can ever be world peace.. There are powerful and conflicting ideas and narratives at play.

Will it is possible now that Bitcoin demand is high and have already trust by people government maybe will consider thr fact that it was  in demand and trusty by people. If this also happen maybe Bitcoin price or value will become stable. Bitcoin has benefits not only on investor but maybe also on government if they legalized Bitcoin in their country. Maybe thid happen in 2020 if Bitcoin demand still high and rises unexpectedly.

Not all since a lot of the governments of every country are having a thought of bitcoin being a threat to the economy in the future. But I think it will still be good since people will be still using bitcoin unless the crypto currency was banned in that certain place or country. There are some countries that are starting to regulate bitcoin, it may be a start for them but the others already banned bitcoin.

I hope not.  There isn't much good that comes from government intervention.  I'm sure though we will see increased scrutiny of cryptos and especially the pushing of know your customer BS. 

I think that bitcoin can reach in bigger possibilities that it may ligalized in all country because bitcion has already existing nowadays. All because because bitcoin was consider as a currency in many country that promotes ligalization to other country.

I got your point as crypto being made for such a purpose of convenience anyone would consider it as legal even without declaring it.
And since that some countries are very into it, governments are scared that banks will be disregarded in the future. That is why they ban bitcoin.
Nevertheless, it is also nonsense. For users may have lessen but this wonderful creation will be out is hands if criminals. That that would be destroying the ecnomy of every country more.

I think it is impossible to happen now since some of the countries in the world already banned bitcoin in their place. Maybe what will happen in the future is, more countries will accept or legalize the idea of bitcoin in their country. In that way, more people will have an idea about bitcoin and other cryptocurrencies. Most of the people will have the capability to earn their own money and resolve their financial needs.

While that's something that we'd be totally happy to hear about, the sad truth is it can't happen soon enough.
First of all, governments at least have seen the potential crypto has during the past few years and they probably understand that the money they print is worth nothing if compared to one bitcoin for example.

And that's just in 3 years of slow growth and 3 months of craziness. What would happen later on ? Will their currencies become obsolete ? Will banks shut down ? Will we start becoming humans again and control our own fate and have REAL financial freedom ?

Well if we know one thing, it's that neither do the governments or the banking system in general would ever want or allow that to happen easily. They won't let the main weapon they have and control just become thin air. The whole world is under their control. Who would give up such a position ?

I'd say the current situation is "silent mode". They can't make it legal or even speak positively about it as this will gradually lead ot what I just talked about. But they don't WANT to make it illegal as well just like that right of the bat.
My guess is they're studying more about it and if they can actually benefit from it and somehow preserve their power. It's not wise to just reject something new. That's why they're probably doing more research about in every angle. And their researches are a bit different than ours.

They might be thinking of ways to make it legal but they're concerned about stuff like "how can we trace crimes". Maybe make it legal only through certain traceable wallets or something. I'm not sure but we just have to wait and see what they come up with.

I doubt it will happen in a single day unless and until UNO is involved in it. Even though UNO can only make recommendations but can't force any country to adopt and make it legal. A country's government needs to be progressive to accept bitcoin. What Japan has done is remarkable and can't be done by all other countries at this point. Accepting a decentralised currency in to a strict centralised system, is a hell of a job. It won't happen anytime soon and definitely not on a single day.

I'm not sure how you could have an illegal legalisation, but regardless, almost all countries consider BTC to be legal anyway.  IIRC it's legal everywhere except Ecuador, Bolivia and a couple other relatively small states.

If you mean regulation or recognition, that's pretty much irrelevant.  If anything, it can be inconvenient since it pressures BTC users to abide by KYC/AML regulations.

Regardless, if someone wants to use BTC in the states where it's illegal, they most likely will anyway.  The people that they'll scare away will be the users that aren't criminals - the criminals that they're scared of will stick around.

Still now bitcoin can't get opportunities to get all countries legalization.What do you think, can bitcoin do this?Please tell your own opinions.