Topic: Will Bitcoin will be declare as legal or not ? - page 11. (Read 7348 times)
Bitcoin already declare as legal, because the follow all compliance and requirements of the law; which gives them a juridical personality and authority to operate in the industry.
There are no regulations governing bitcoins in India. It may be recalled that the Reserve Bank of India had in February this year advised that it has not given any licence/ authorisation to any entity/ company to operate such schemes or deal with bitcoins or any virtual currency
As far as I am concern to the growth of Bitcoin, I think it is a YES. I think Bitcoin will be legal and be used by most people who prefers it in a broad way. I am not so sure that it will be legal world-wide but I think most country would legalized it since it gaisn popularity by this time around. If it would be legalized by many it has huge potential thay it will even grow more and a 7 digit value of Bitcoin might be possible in the coming years to come.
I doubt it. It seems to me that legalization is just a way of governments to gain control over users of bitcoin. First, under the pretext of legalization they will collect information on everyone who uses bitcoin and then to impose a total ban on its use. The government is not interested in taxes. They are interested in manual control of the currency. 
As far as I am concern to the growth of Bitcoin, I think it is a YES. I think Bitcoin will be legal and be used by most people who prefers it in a broad way. I am not so sure that it will be legal world-wide but I think most country would legalized it since it gaisn popularity by this time around. If it would be legalized by many it has huge potential thay it will even grow more and a 7 digit value of Bitcoin might be possible in the coming years to come.
Well here is a really good read on where bitcoin and crypto are going
the gov will always bust balls.
https://www.sec.gov/litigation/investreport/34-81207.pdf
the gov will always bust balls.
https://www.sec.gov/litigation/investreport/34-81207.pdf
It will be declared legal and only a small percentage will not accept it or ban it. It applies in anything that you can't force everyone if they don't want to but that decision is the one that they are going to regret because we are now starting to rock every nation with bitcoin.
As you know,btc is like the internet of money. If it is declared illegal within any country then businesses and bitcoin exchanges will have to shut shop in the region only. Being a global phenomenon it cannot be banned throughout the world.
Like the internet, bitcoin as a whole cannot be regulated/censored/made illegal as it is not constrained within the borders of one nation. Businesses based on the idea of bitcoin can be subjected to regulation but the whole network itself cannot be.
Like the internet, bitcoin as a whole cannot be regulated/censored/made illegal as it is not constrained within the borders of one nation. Businesses based on the idea of bitcoin can be subjected to regulation but the whole network itself cannot be.
To declare bitcoin legitimate, or not, this is an internal matter of each state. Now we can say with confidence that each state will have to consider this issue and most countries will recognize bitcoin as legal tender.
Its happening now, some countries accept bitcoin legally, hey ! We really need this great technology for a brighter future. Bitcoin will lead us to a better nation, make bitcoin legal and enjoy big profits later on.
If the government is against the black money the easier solution is to regulate BTC, because if they ban it, people will continue using Bitcoins and government won't have control over it, regulating can make things easier to manage for the government, what doesn't mean it will be better for ordinary people using Bitcoin for honest purposes.
I agree with you mate bitcoin is not decentralized with government although they can regulates it but bitcoin can be used illegally for those bad people.
maybe in the distant future will be legal but in this moment it is not the case .there is no legal declaration enregestré
Well maybe bitcoin will be declared as legal, because now it plays a big part in the world economy especially in the world of big corporations and businesses, so there is a big chance of bitcoin to be declared as legal throughout the world.
Bitcoin has no significant impact on the economy. I think it is too early to talk about its legalization. It seems to me that until bitcoin will not be used in the trade, we will not see any changes in the legislation. In fact, many people do not believe that bitcoin is not a bubble. So it is used not more than 1% of people. Why in such circumstances to deal with its legalization. bitoin is not legal yet .. but it seems like it will be declare as a legal soon <3
Sure it is. It might not be clear for its current state and to say that it is legal but I am sure on only one thing and that is no matter what happens, bitcoin will be legal in the future most especially in progressive countries.
bitoin is not legal yet .. but it seems like it will be declare as a legal soon <3
bitcoin i legal and also illegal, because in some countries it is legal to use bitcoin for transactions as long as both party agreed on their terms, while in some countries bitcoin is not that welcome like china and russia.
Well maybe bitcoin will be declared as legal, because now it plays a big part in the world economy especially in the world of big corporations and businesses, so there is a big chance of bitcoin to be declared as legal throughout the world.
Bitcoin will be legal for sure. All of our governments are just still having arguments but I know that they will still make it legal in the end and just look how massive support that bitcoin gets from loyal supporters that keeps increasing everyday.
for me India and other countries will never include bitcoin in normal money system but they can make only ban over it .
next years i think many counties will ban exchange to make some control of bitcoin and reduce number of users
It all depends on the position of the United States. Bitcoin is a danger in the first place for the dollar. Other countries are now only attracting investment via bitcoin. Yes, users do not pay taxes but their income, they stimulate demand and warm up the economy of their country. I think that countries like India will take the strategy of waiting. They will not deny but would not allow the use of bitcoins. Perhaps the Americans will force the government to ban bitcoin in exchange for dollar investments. Only time will tell. next years i think many counties will ban exchange to make some control of bitcoin and reduce number of users
I think it's only a matter of time if we look at the increasingly well known state of bitcoin today, the more users, the government may someday legalize bitcoin by considering everything.
And if so, bitcoin will be safer to use because it is already recognized by the government.
And if so, bitcoin will be safer to use because it is already recognized by the government.
for me India and other countries will never include bitcoin in normal money system but they can make only ban over it .
next years i think many counties will ban exchange to make some control of bitcoin and reduce number of users
next years i think many counties will ban exchange to make some control of bitcoin and reduce number of users
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