Topic: Will bitcoin in Southeast Asia be legal? - page 33. (Read 4618 times)
Virtual money is not the only concern of hedge funds and venture capital investors but is also used to solve financial problems in Southeast Asia. In Myanmar, local startup companies have raised $ 10.5 million by calling through ico
I think bitcoin in Southeast Asia will be diminished, on the grounds that with the presence of bitcoin can expand business and salary of the subjects. indeed, even with an extensive stretch of time, yet most likely bitcoin will be legitimate
I think yes, because bitcoin is popular days by days because of so many people participating in this bitcoin trading, marketing, and also ICO project campaigns, by this bitcoin would be recognise in all asia and be legal in the near future.
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).
Bitcoin and Blockchain technology are very popular here but Bitcoin isn't accepted here now. But there are more and more organizations want bitcoin to be accepted so i think bitcoin will be legal in southeast asia in a near fututre. Will the impact be positive or negative?
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 may be not legalized, they don't allowed using bitcoin as a payment. But using it as trading currency is allowed i think.
There are some cryptocurrency exchange in south east asia operating with a good daily volume of cryptocurrency.
In my opinion, the fact that in the Asian countries did not legalize bitcoin, very bad. But there are better and more significant news that will block this sad news. Perhaps once there and legalize bitcoin, but when it is difficult to say.
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?
I guess SouthEast Asia is gearing there pretty soon and fast. I'm very positive that bitcoin's legalization in that region is fast approaching, especially now that its security issues, which is a big hindrance to its legalization, are given significance now and are somehow being addressed. As a matter of fact, the competition of creating a highly secured and so-called 'unhackable' (as to how its makers described it) storage of bitcoin and other cryptocurrencies is now becoming huge and stiff. Another thing is the global power is shifting toward SouthEast Asia now, and to ensure its sure-fire grip on it and to keep up with the pace of global modernization, it has to embrace financial modernization too, of which bitcoin is offering. Thus, SouthEast Asia can simply never avert bitcoin's legalization.
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 rule of thumb is, if the country has capital controls it won't legalise crypto, because bitcoin can be used to get round capital controls.
It is not impossible that bitcoin will be legalized in Southeast Asia soon because some country now in Southeast Asia starting adopt the technology of bitcoin using internet in terms of payment or in other transaction inside or outside of thier respective country.Although there are some country in asia ban bitcoin but I believe soon they will know and understand how bitcoin can help thier community using bitcoin technology.
I think that this change will hurt anyone who can not compete or resist. Anyone who uses a mind will have to keep up with it and think that it should work with the power to improve it.
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?
So far not all country in southeast asia bitcoin treated as legal but because of new technologies some people understand the bitcoin as currency they continue to use bitcoin using internet connection in the help of computerized transactions using bitcoin into another country's.
Surely i believe southeast asia country adopt bitcoin as legal tender currency tto help of people supporting in bitcoin.
Yes i think it was because here in my country which is the Philippines our banks was looking to use this bitcoin,and also many banks here was looking to for the use of blockchain,so i think our government was setting us here to be free in using of crypto`s at all.
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 rule of thumb is, if the country has capital controls it won't legalise crypto, because bitcoin can be used to get round capital controls.
If we talk about the overall condition of bitcoin in the Southeast Asia then it is hard to tell if all countries in that region will legalize bitcoin. But that does not matter anymore since there several countries in that part of the world that is positive towards bitcoin such as South Korea, Japan, Philippines, Malaysia, Singapore and others. But maybe it is just a matter of time before the rest of Asia will consider to accept and legalize bitcoins in their area.
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).
Some countries like Thailand do fine bitcoin, but I see data that most countries in southeast asia have not yet made a decision. They all still have not said whether Bitcoin is illegal or legal. But if you look at the population in Southeast Asia this area has a tremendous impact that could have an effect on the development of cryptoccurrencies globally. A very large population will certainly be able to change the state of Cryptocurrencies significantly. Will the impact be positive or negative?
Yes its possible in southeast Asia because bitcoin already make a big impact on world wide and most of countries planing to regulate it according to their policy and law. because bitcoin is digital virtual currency and peoples are using it on their cell phone and doing trading also its a fastest way to send money worldwide rather than banks. i think its late but possible is regulate in Southeast Asia.
A lot of countries are actively working out how best to handle the cryptocurrency fast growing adoption, those that are currently silent on the issue either do not see it as something bad( which is true) or are looking for ways to best harness its usefulness.
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).
It would be great as well as Africa improved in their decisions to be positive on blockchain technology. As for me I am waiting for all the world to accept crypto and bitcoin at the first place in that list. Will the impact be positive or negative?
It's difficult to convince my government because cryptocurrency able to cause inflation and corruption.
That's why my government against cryptocurrency until now.
Well as I can see, they have correct judgement and me as investor only can obey their decision ! ( invest with my own risk )
That's why my government against cryptocurrency until now.
Well as I can see, they have correct judgement and me as investor only can obey their decision ! ( invest with my own risk )
At least we can still use it as an asset even though the chance to use it as a currency will be impossible. Yes, as I think our government, Indonesian government in this case, already made the best decision and we have to support and obey it!
yes, I am also waiting for the Indonesian government's decision to support bitcoin. so it's easier to make bitcoin a medium of exchange. Thank you brothers nusantara
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).
You have to know that this doesn't only happening in southeast asia, it happens in all continents too. We have to accept the truth that every country have their own look at cryptocurrency, some governments see the advantages of it that's why they legalized it but some also see the bad things it can give, that's why it is still not legal in some places. But I believe that if most country will consider Bitcoin and other cryptocurrency to be a legal means of payment or a currency, those who banned or still have no regulation about it will surely follow, or else they will be left behind. Will the impact be positive or negative?
In the future, Asia will make the decision to legalize Bitcoin, with Japan's first big Asian by legalizing it further from other Asian countries, it takes time to realize it's not easy with the lack of technology in less developed countries, legal does not mean a bad obstacle because they can still sell Bitcoin without any problems just to not make legitimate payments like fiat, then it is not a problem; most importantly some Asian countries are beginning to want to revolutionize technological systems to further adopt cryptocurrency.
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