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Topic: Will bitcoin in Southeast Asia be legal? - page 13. (Read 4618 times)

member
Activity: 102
Merit: 10
September 15, 2018, 08:46:39 AM
Surely it will have a positive impact, Bitcoin has the potential to have a big impact in Southeast Asia because most people do not have access to banking services and a large market for remittances. Although the Bitcoin ecosystem in the region is largely underdeveloped, the Philippines, Indonesia and Vietnam are countries that have more promising opportunities thanks to the profitable markets and the progress they make in the Bitcoin ecosystem. The country is also the third most populous country in Southeast Asia.
newbie
Activity: 112
Merit: 0
September 15, 2018, 08:30:41 AM
Many countries still ban bitcoin because they think it's not safe to use, but I think only people who use bitcoin have errors in the security of their wallets.
This can be legalized someday if bitcoin continues to grow to be the best safe to avoid hacking in the wallet.
full member
Activity: 317
Merit: 100
September 15, 2018, 08:27:56 AM
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?
This idea I like, and in General, soon I think many countries will still accept cryptocurrency in the country, and will have to develop thanks to it, because now many countries are already operating with bitcoin.
sr. member
Activity: 630
Merit: 251
September 15, 2018, 08:24:37 AM
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 will surely be positive because people will be more aware of the blockchain if bitcoin is legalized. With that said, further advanvements in technology will occur leading to an economic status boost. To that end, I hope that they will legalize it before 2020 so that we will not be left behind by the western countries.
newbie
Activity: 131
Merit: 0
September 15, 2018, 07:59:57 AM
I personally think that sooner or later bitcoin will be solved everywhere. Well, or almost everywhere. It's just that it's almost impossible to control ... therefore it is much easier to resolve this and not to spoil your reputation by trying to ban
newbie
Activity: 44
Merit: 0
September 15, 2018, 03:26:56 AM
I know for sure that everybody here in the crypto currency community wants to make the Bitcoin become legal in all over the globe. Bitcoin is a great crypto currency that also have effects in all other crypto currencies. I was hoping more good news like this will keep coming out here in the crypto world.
member
Activity: 756
Merit: 12
September 15, 2018, 03:05:46 AM
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?
will in this speculation we could not guarantee that legalization of bitcoin in southeast asia would be implemented because its only depend on the decision of the government of thats country if they want to legalize the crypto as part of there economic  progress,otherwise there one example of  thats country in asia thats legalize and become more progressive there economic growth by means of digital currency and thats the country of japan.

Indeed, most country in south east asia think bitcoin is illegal and used for criminal activity or money laundering. Hopely thats will change in next few years and government in south east asia can regulate bitcoin and cryptocurrency
full member
Activity: 392
Merit: 100
platform for everyday business
September 15, 2018, 01:58:22 AM
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?
will in this speculation we could not guarantee that legalization of bitcoin in southeast asia would be implemented because its only depend on the decision of the government of thats country if they want to legalize the crypto as part of there economic  progress,otherwise there one example of  thats country in asia thats legalize and become more progressive there economic growth by means of digital currency and thats the country of japan.
member
Activity: 378
Merit: 11
Decentralized Digital Billboards
September 15, 2018, 01:48:13 AM
Bitcoin will be legal in all Asian countries after 2 events.
First: all other countries accept btc and they dont have other way
Second: governments develop utility to control transactions
newbie
Activity: 64
Merit: 0
September 15, 2018, 01:41:33 AM
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?

if bitcoin becomes legal in south asia, the positive is the perekononiam and the level of prosperity is increasing because the value of bitcoin itself is quite high. The negative is that people can leave their original currency. because of losing competitiveness with bitcoin.
newbie
Activity: 163
Merit: 0
September 14, 2018, 05:17:22 AM
Bitcoin has the potential to have a big impact in Southeast Asia because most people do not have access to banking services and a large market for remittances. Although the Bitcoin ecosystem in the region is largely underdeveloped, the Philippines, Indonesia and Vietnam are countries that have more promising opportunities thanks to the profitable markets and the progress they make in the Bitcoin ecosystem. The country is also the third most populous country in Southeast Asia. The Philippines is leading in terms of how well the Bitcoin ecosystem is developing in the region. The Philippines has many Bitcoin exchanges run by professional teams and has several large merchants that accept Bitcoin.
sr. member
Activity: 1162
Merit: 251
September 14, 2018, 05:11:30 AM
There are pros and cons in this matter, most of countries in southeast Asia are developing countries. The governments are too busy about increase their own prosperity level. Some of those countries will ban bitcoin and the other will legalize it. But the certain thing is bitcoin now is becoming the top choice of online payment method.
That is absoletely true, why are most countries still gray or haven't declared an attitude for cryptocurrency? because they are still very
busy to improve the economy of their country, most countries southeast asia are developing countries so it is reasonable with that
newbie
Activity: 84
Merit: 0
September 14, 2018, 05:04:26 AM
Bitcoin is legal in some countries in southeast Asian like phillipines they legalized bitcoin there,because bitcoin  help many people to have income and change there life.

Are you sure that the philippines legalized already the use of bitcoin? What is your sources? The last time I heard a news about this is the government will not interfere as long as bitcoin will not violate any laws, I am not sure of it.
newbie
Activity: 119
Merit: 0
September 14, 2018, 04:40:46 AM
Bitcoin is legal in some countries in southeast Asian like phillipines they legalized bitcoin there,because bitcoin  help many people to have income and change there life.
newbie
Activity: 28
Merit: 0
September 14, 2018, 04:12:35 AM
only some country in south east asia, philippines has legalized bitcoin and we have an btc atm located in makati city.
newbie
Activity: 78
Merit: 0
September 14, 2018, 04:00:43 AM
I do trust that a portion of the Southeast Asian nations haven't boycott Bitcoin however there is no comparing direction that is the reason they don't sanction it yet, I trust in the couple of year they will authorize it
newbie
Activity: 60
Merit: 0
September 08, 2018, 08:43:02 PM
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?

This might really has a huge impact to the procedures of Bitcoin in our society. Countries in Southeast Asia are considered to be a developing nations which make their people afford to use lots of technology. Majority of them are capable to access internet that leads for them to easily understand the operation of Bitcoin. Thus, the Philippines are very active regarding the development of Bitcoin as they establish digital currency transactions using coins.ph and many more.
newbie
Activity: 112
Merit: 0
September 08, 2018, 07:54:29 PM
I don't know, but it seems that bitcoin is difficult to legally in a Southeast Asian country, for now don't do anything stupid with the attempt to make transactions using bitcoin in the Southeast Asian country because I'm afraid you will go to jail.
member
Activity: 532
Merit: 17
September 08, 2018, 10:54:18 AM
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?

It can be legalized someday if the bitcoin keep developing to the best secure to avoid hack in the wallet.
Many countries still banning bitcoin because they think it is not secure to use, but i think it is only the peoples who use bitcoin that have a mistake on their wallet security.
member
Activity: 299
Merit: 11
September 08, 2018, 08:13:29 AM
There may be countries that has not legalized bitcoin but most certainly not illegal to use it. If a country would deem bitcoin illegal, they would have banned access to exchangers and such from their country.
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