The success of Bitcoin in these region, however, depends on how quick the Southeast Asian countries will adapt to the use of Bitcoin. Understanding how to handle bitcoin is a common learning curve.
Actually it has already been accepted specifically in some countries like the Philippines, where it is very popular and very common. Other regions, maybe more difficult to buy some bitcoins. We only need to adopt it better not only for gaming but also for eCommerce. Once you start using bitcoin, it will be easier for the ecosystem to develop.
Topic: Will bitcoin in Southeast Asia be legal? - page 10. (Read 4618 times)
it's already begun, in fact they mined bitcoin because it is expensive... good luck
Where China has opted to position itself against virtual currencies, countries in Southeast Asia are taking varying approaches. With nothing backing the currency, regulators in Malaysia and Indonesia have said they are unwilling to withstand the possibility of the destabilisation of bitcoin and have made them illegal.
Over time, these countries will accept the cryptocurrency, when it begins to actively spread around the world. But it must take many years. But I believe that the day will come when all the walls of the world will accept bitcoin.
yes it takes a long time for bitcoin to be accepted throughout the world, especially for countries that have not legalized it, we must be able to convince the government that bitcoin is very useful for technological development and ease of transaction,
bitcoin is also a profitable investment
Over time, these countries will accept the cryptocurrency, when it begins to actively spread around the world. But it must take many years. But I believe that the day will come when all the walls of the world will accept bitcoin.
I hope that someday it will happen. In order for bitcoin to be fully realized as a global currency, it is necessary that it be accepted by the maximum number of countries, including countries of South-East Asia.
Central bankers in Southeast Asia are now taking a cautious stance toward the rise of cryptocurrency but it is inevitable that they will adopt the basic technology or blockchain technology.
i think it will be happens , as soon as possible , if people who know bitcoin give knowledge about bitcoin , and yeah , it will be positive to bitcoin itself
At present, some countries do not recognize bitcoin, which means that it is not legal, the legal framework can be managed, then legal bitcoin.
Because to my knowledge there are several countries in southeast asia that have not legalized bitcoin. And what is our endeavor for bitcoin in southeast asia to be legal like any other country (which has legalized bitcoin).
Majority of South East Asian country didn't ban Bitcoin or make it illegal although they didn't make it legal currency because they are still in a process of research if Bitcoin will have to be considered as currency or not. Will the impact be positive or negative?
I think sooner or later, many countries will come to the realization of the digital market, since another 5-6 years, cryptomir will cover the entire world economy and just other countries, or what will not remain as laws and market conditions
I believe which bitcoin could be lawful within Southeast Asia. However all that do not require an immediate procedure as well as period. The nation within the SoutheastAsia area is actually centered through building nations to ensure that technologies is actually much less in a position to take rapidly, particularly crypto foreign currency technologies.
Bitcoin has started to transform the countries that are part in Southeast Asia especially the Thailand and Philippines. I think it brings positive impact to the economy, transforming the lives of so many people who are unemployed and now are into bitcoin investment.
As far as I know, Asia welcomes the use of crypto currency and the use of bitcoin. Asia is a very developed country, and it will follow this topic
its legal at Thailand, Singapore, the rest either or grey zone or they not yet explore the implication of the Bitcoin yet.
I think bitcoin will be legal in Southeast Asia because my country belongs to the Southeast Asia region. and in the country there are already online payment applications such as Go-Pay and bitcoin account users in my country are also quite a lot so I think it's possible that bitcoin will be legal in Southeast Asia. I've also read that Thailand has legalized bitcoin. legalization of bitcoin in Southeast Asia will have a positive impact on economic development.
I don't know there are many country in the SEA is not accepted bitcoin, its mean that they don't make bitcoin illegal, their state is netral, suddenly the can make bitcoin illegal or legal. maybe if the big country in the world accept bitcoin, the country in the SEA will accept bitcoin too
Countries in Southeast Asia are trying to accept bitcoin. They want to take bitcoin and electronic money according to a regulation. Singapore is the nation that adopted the first bitcoin. The Singapore government encouraged many ICO projects to develop.
This is a good strategy for the country to buy Bitcoin because with the current rise in dollar prices it would be very profitable to take Bitcoin.
Currently only a few Southeast Asian countries have received bitcoin or bitcoin legal in the Southeast Asian country. This still takes time if it is accepted in all countries in Southeast Asia, because bitcoin is still in the development stage. maybe in the future bitcoin will be accepted. For now I think many countries have understood btc and how it works. This will be accepted and made legal in a short time .
Because to my knowledge there are several countries in southeast asia that have not legalized bitcoin. And what is our endeavor for bitcoin in southeast asia to be legal like any other country (which has legalized bitcoin).
Will the impact be positive or negative?
The impact could be both, it is because not people will adapt and understand it easily. Though, there are some country in Asian place accepting the concepts or system of crypto/bitcoin such as Vietnam, India, Indonesia, Singapore, China, and more. But the good things was that, crypto will become more trend and popular all over the place in Asia.
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