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Topic: Your Country and Cryptos - page 49. (Read 5344 times)

sr. member
Activity: 658
Merit: 251
March 19, 2018, 08:36:15 AM
in my country, there is no government rule about cryptocurrency.
however, it isn't allowed transactions using bitcoin.
You only can exchange bitcoin to FIAT then buy the things which you want.
member
Activity: 238
Merit: 11
March 19, 2018, 08:32:08 AM
Criptos are small in my country and the press is keeping all of the hype low and are sending plenty of bad news at any occasion, so it is likely to be minority for a while.
sr. member
Activity: 665
Merit: 250
March 19, 2018, 08:30:31 AM
I'm curious, how big are cryptos in your country? Are they still collectively referred to as bitcoin, or do news reports and local media actually dive into their merit and the difference between coins, projects, companies etc. I'm from Canada and most of the current news is wavering between reports of malware installing mining agents and the Canadian Security Exchange cracking down on ICO sales.
maybe investors in your country are very comfortable and safe to invest with crypto currency and you are very lucky, in my country crypto still can not be legalized or fully inaugurated because the government in my country has not authorized crypto currency as an official transaction tool
member
Activity: 98
Merit: 10
March 19, 2018, 08:19:59 AM
In my country, the government has allowed tokens to be exchanged, mined, sold and purchased for national and foreign currencies and electronic money. Moreover, it is now possible to give and bequeathed tokens, and the activities of mining, buying and selling cryptocurrencies are not considered an enterprise. It is not necessary to declare cryptocurrencies and revenues from operations with them until 2023.

Can I ask what country that is? That's very interesting that it's quite open/legal, yet, isn't required to be claimed as a capital gain for another 5 years.

Do you know if, in 2023, you have to suddenly claim total capital gain from your initial investment - or - does it just kick in during 2023 for that time moving forward?

thanks
full member
Activity: 392
Merit: 100
March 16, 2018, 08:55:48 AM
I think there are only few people in my country that has an idea about bitcoin and other cryptos. Very few establishments accepts it as a mode of payment. Sometimes the media talks about it and it does not give positive reports.
member
Activity: 98
Merit: 10
March 15, 2018, 09:36:17 PM
In my country, the whole crypt is just bitcoin:D Blockchain = Bitcoin... Quick money earning = Bitcoin... All very sad...

You gotta get out there and start educating the masses!  Grin
full member
Activity: 280
Merit: 102
March 15, 2018, 06:57:23 PM
in my country crypto is still not legal because the government has not approved its use financially but to trade it I think it is not prohibited but the government does not protect its transaction
member
Activity: 210
Merit: 10
March 15, 2018, 06:54:14 PM
My country has no regulations yet that is why i loved what i am experiencing with cryptocurrencies because there are no limits compare to those countries like china which you cant do anything because the government restricted you to do so.In our country you can do mining trading and anything related without any taxes.
jr. member
Activity: 168
Merit: 1
March 15, 2018, 06:44:46 PM
In my country, the whole crypt is just bitcoin:D Blockchain = Bitcoin... Quick money earning = Bitcoin... All very sad...
jr. member
Activity: 140
Merit: 1
March 15, 2018, 08:44:44 AM
In my country, the government has allowed tokens to be exchanged, mined, sold and purchased for national and foreign currencies and electronic money. Moreover, it is now possible to give and bequeathed tokens, and the activities of mining, buying and selling cryptocurrencies are not considered an enterprise. It is not necessary to declare cryptocurrencies and revenues from operations with them until 2023.
full member
Activity: 294
Merit: 105
March 15, 2018, 08:41:30 AM
In my country cryprtos are hardly shown in a news so that means my country is not affected much about bitcoin alrhough i heard the government is getting involve in facilitating in discussion about bitcoin in some school. I think cryptos in my country is not that big deal compared to other countries since this is not legal or even banned.
member
Activity: 168
Merit: 14
March 15, 2018, 08:36:28 AM
I'm curious, how big are cryptos in your country? Are they still collectively referred to as bitcoin, or do news reports and local media actually dive into their merit and the difference between coins, projects, companies etc. I'm from Canada and most of the current news is wavering between reports of malware installing mining agents and the Canadian Security Exchange cracking down on ICO sales.

The media only speak about Bitcin and only if the news are negative, when grows they just keep quiet and at most mention one or two other alternatives but only in specialised press.
member
Activity: 98
Merit: 10
March 15, 2018, 08:25:25 AM
There is no clear ban yet in my country and the blockchain technology is praising but Bitcoin and the crypto money are viewed negatively. Many people come to the crypto market only for more money and they do not know about philosophy. Local exchanges work but crypto investment is described as a dangerous investment in the media.

That's interesting that the technology that crypto's are based on, essentially, is praised, while the by-product is vilified.
newbie
Activity: 126
Merit: 0
March 14, 2018, 05:22:29 PM
I'm curious, how big are cryptos in your country? Are they still collectively referred to as bitcoin, or do news reports and local media actually dive into their merit and the difference between coins, projects, companies etc. I'm from Canada and most of the current news is wavering between reports of malware installing mining agents and the Canadian Security Exchange cracking down on ICO sales.
when it comes to cryptos my country is shit because people look at it like with craft

any ways keeping my self positive and hoping for the best
member
Activity: 350
Merit: 15
March 14, 2018, 05:10:11 PM
Okay in my countries cryptos are Legitimate and regulated. But seems the U.S are controlling the media we could see a good development on cryptos, Governments should read carefully what they are saying. they Killed bitcoin many times but stiil they are here to get help the Economy as a whole.
newbie
Activity: 154
Merit: 0
March 14, 2018, 04:45:08 PM
aswell as Money transfer .. and banks it just take 30mins to do it  recieve and sent
hero member
Activity: 770
Merit: 505
March 14, 2018, 04:44:59 PM
Swap to UK you are very lucky to live in a country that supports the development of the world of crypto, it turned in my country that is in Indonesia, here the government did not support the existence of bitcoin and assume the existence of bitcoin can mengangu state finances and I hope someday in my country also like in your country.
member
Activity: 168
Merit: 12
March 14, 2018, 04:43:20 PM
Swap to UK you are very lucky to live in a country that supports the development of the world of crypto, it turned in my country that is in Indonesia, here the government did not support the existence of bitcoin and assume the existence of bitcoin can mengangu state finances and I hope someday in my country also like in your country.
newbie
Activity: 154
Merit: 0
March 14, 2018, 04:36:40 PM
in philippines its legal to do Smiley bitcoin can be bought easly without bank account or anything , you can cash in and cashout in our local 7/11 store
member
Activity: 98
Merit: 10
March 14, 2018, 04:22:37 PM
Many countries do not want to legalize the crypt because to the extent of decentralization it is difficult to manage. Officials want to manage everything and every:)            

Unfortunately, I think this is the real issue behind a lot of countries. Probably a mix of some officials don't understand it (and therefore fear it), and those that do understand it, know that they can't control it (and, therefore also fear it).
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