Bitcoin Forum

hello guys
i'm working on a project to make digital currency legalized in my country,
can you suggest me some solid points and benefits of digital currency for a country so that i'll highlight these points during the presentation with the government agents of my country.
legalization of crypto currency in any country means, that country will become one of the largest market of crypto  and benefits all investors across the globe. 

Some points that I could think of:-


* It could help in interpersonal trades overseas without much delay and problems , no more taxes or notices by the banks , through Bitcoins we can strengthen the international trade system and therby moving towards a global economy.

* Bitcoins alone could employee many people, signature Campaigns pay more than the average Job a student can afford.

*It could in the future become a global Currency for sure , stakes are high I don't think banning it would do any good what were the Ill effects? Improper usage? That's even valid for the case of normal Currency why not ban it?? People who wanna do will literally find ways no matter what.

*As a democratic country the government must provide all the options and people be free to choose whatever they want banning something will just cause the Intelligent pool follow emigration and move out in some other country, we will loose our brains.

 :) Best of luck

Pheeewww my friend... How big is ya balls? I am taking me hat off for your (shit post) BALLLLLLLS.  :o :o :o :o :o

Which country is that?

Your use of the word 'legalised' implies that crypto is currently deemed illegal. Is there a chance you meant 'regulated' not 'legalised'?

If it’s in fact illegal, then you need to address the concerns that led to de-legalisation.

One man fight against a government ban. I don't think you really stand the chance. But I think it will be best you find out if there is any one in your country who is also into crypto so that you can team up for good. As for the advantages of cryptocurrency, you are a hero member of this forum and I expect that by now you know much about cryptocurrencies and their potentials.

currently digital currency is banned in our country. i cannot buy or sell crypto currency here because  state bank prohibited all banks for proceeding crypto related transaction. but there are many people who work for crypto currency but they faces problem while converting digital into fiat currency.
thats why i'm working to make one registered exchange in my country.

one spark is enough for fire to start!!
lets hope for the best.
and yeah i'm also finding the crypto guys from government, but it's little hard, because corruption cases.

I suggest for you convince the people in your country to continue supprort the digital currency and convince them to support of your goal to become legal. I think in that way have hope to listen goverment about your intention for the legalised the cryptocurrency.

your goals are very good and I will be a successful token because with that will be many people who will benefit greatly from your crypto.

But is P2P exchange also illegal? Are you allowed to possess cryptocurrency and exchange it with other people (ie. for cash money or for goods/services)?

What was the main reason your country imposed such ban? Concern about people financial safety? Attempt to protect local currency? You need to know this to even have a chance to convince them to lift the ban.


Since you have presentation with officials scheduled in, you must have some strong arguments in hand already, care to share those? And how did you manage to get them to talk to you? You wouldn't be larping, would you?


Umm, cryptocurrencies are legal in vast majority of countries, so not sure what did you mean by this.

we are not allowed to trade crypto P2P. banks are advised not to do such trade without complete information of transaction. i'm working to make crypto easy to use and trade in my country. as well as i'll open bitcoin ATMs when i'll be successful in convincing our government.


the main reason is corruption and violation of taxes.government didn't find their benefits in crypto, but i'm here with a plan by which government  will have maximum benefits.

yeah i have strong arguments and i wanna add more that's why i'm here to take some help from you guys. it take so long time to reach government officials, i took some help from lawyers and state bank.

it mean my country is on this list of tourist who want to travel world through crypto and many more investors have opportunity to tap the new market of crypto.

I would suggest you search online for examples of how bitcoin and other cryptocurrencies are stimulating the growth of countries. For example, there are articles about bitcoin stimulating growth in Japan. Give them concrete numbers from reliable websites.

It is a very high target to do this and you have lots of merit to try it. Honnestly I don't know why some countries really fear so high of BTC. It is much more easy to fight against illegal things really dangerous than bitcoin.

Bitcoin llow people to have universal changing money with is really secure due to the blckchain as soon as you use it carefully with minimum safety rules.

Wow, you are going to have to get some support, if you are going to try and take on these people. What is the reason that

they gave for the banning of Crypto currencies? If you can isolate the reason for this, then you can zoom into that and counter

their arguments. A lot of these governments {like India} has admitted before that they were misinformed, when they made

these decisions. One thing you can mention to them, is : Bitcoin tokens cost nothing to produce and coins and paper money is

expensive. {They do not have to mine for bitcoins, because other people are already doing it}  ;D

yeah these articles are also helpful, i'm following strategies of bitcoin legalized country. facing some problems but i'll never stop.


this is the strong point that even fiat money is used in illegal activities. we can't stop illegal act but we can take control over them. by making such polices that will highlight darkweb transaction.

money laundering, corruption, tax violation etc. there are many more reasons but i have plans to overcome these reasons of banning. let's hope for the best.   

I am sorry to say this but it won't happen-the reason? What is in it for the government? They already have a system which while imperfect generally works fine. The cost of changing from a fiat to crypto system for even a small country would be astronomical. But good luck anyway.

You should highlight major downsides of criminalising cryptos:

1 - Most civilised countries would allow cryptos and have them regulated one way or another. That means your country's gov don't have to re-invent the wheel, just copy laws/solutions from other countries, the ones that fit them the most.
2 - Having cryptos criminalised (while vast majority of the world allows them) make the government look tyrannical in the eyes of the tourists and own citizens.
3 - Due to the nature of the cryptocurrencies, people would still use it, whether legal or not. What banning really does, is just pushing people underground, incentivising the growth of the dark economy, contributes to the general distrust of the government and most of all - it means less control, no tax income and possible outflow of money abroad.

If the gov are still hesitant, they could adopt a more cautious approach and allow trial-run for exchanges with some trade/deposit limits per person etc. There are plenty of options, total ban seems the worst (or just the laziest) way to deal with the issue.

your countries central bank an "entity" that behaves as if its is a country, is not supporting bitcoin as its against its monopoly.

to introduce crypto you should better just introduce it buy using it or by selling it in the blackmarket.

sooner or later your countries banks will start competing against each other.

regards

maybe to get legally, use a coin logo with a hero in your country, as a coin symbol is made in your country and has its own value

You can contact businesses that are investing in cryptos, and you can give your opinion to the government, if your ideas are worth paying attention, they may be able to put bitcoin into legalizing. Your country.

Hi rausvi in what country are you living?

You have to figure out first on what sector to make crypto at its best once you showed it to your government and you have to determine the problem.

Start with this, propose that you conducted a research and the poll says that there's many possible tourist that wants to spend crypto in your country so it can boost not only tourism in your country but the usage and adoption of crypto in your country.

Which only means that crypto has its good side.

1) Cryptocurrencies help consumers by charging a lower fees compared to traditional financial avenues
2) Cross border transactions can be done in a few seconds

cryptos may legalized in a country if local legislators formulate laws in regulating and manage the use of these cryptocurrencies.And when it was legalized,maybe the government can manipulate the flow of cryptos and other alternative coins in the market which i think will adhere the financial sectors of a country.And if I got the proper knowledge about cryptos,i think i can help our local legislators to create crypto ads in social medias.

In my own opinion, I think looking for every problem that blockchain would be counter productive because you will be faced with several things that is being done already to combat those issues and when the argument is solid enough, it might even defeat your position before getting the chance to proffer to them how the most important problem would be solved. I would suggest that you first look at the most important need of the country and that is what you should focus on tackling while other problems that can be solved will be an addendum.

For example, one unique problem that is facing most countries is the issue of election malpractices while its mild in some place, its an epidemic in other places and if your country happens to be one of the endemic ones, that is where your focus should be by coming out with ways on how the blockchain can be deployed to combat such issues but be careful not to bring in the part of changing the currency.

Another issue that plague most society is the identity theft which is something they have not been able to figure out yet. This is another area you can harness. Focusing on this two and presenting a solution, you are sure to get the attention of those that matter which you can be lucky to be selected as the one that will carry out the consultation or be part of the team.

You are going to do a great job at the same time a very big and hard job because you are going to make your government understand about crypto, hoping good for you.

good to hear about this, keep working.

This is what I'm looking for!
Thanks man, have a good one!

Keep at it bro. We all wish you well as you advance the cause of crypto!

It's not the government you should convincing to legalized bitcoin in your country. It should be the people of your country to teach them how to use bitcoin. Government can do nothing once people do the initiative.

I think I believe in your quest to make cryptocurrency be viable and regulated in your country in which it is ban by your government. All I can say is just consolidate all the advantages of what cryptocurrency can do good to the country and also to the people in your community. Perhaps, many people from your country would be thanking you if ever you will be successful on your proposal to government to have it regulated and good luck.

This is really great. I very much like citizens that take the initiative. If Bitcoin is banned in your country and you think it's a bad idea, you can contest against that. Only very few citizens think this way. So, I give you some respect there. But I'm sure you already know it won't be an easy task. Because no matter the country it is, you will be fighting against the big names and economic powers. And in such cases, presentation of logic might not be the solution after all. It's been some time now, so, fill us in on how your project worked.

You have a good intentions, but as you clearly stated, you want to present a presention to the government. Are you doing it all alone, am sure you cannot meet alone with your banks not on an issue that have to do with a financial system of the country and her citizens.
So, you need to have a team that comprises experts both in blockchain technology and financial systems of your country, look around you will see some experts to work with.

it is interesting to observe such technology and this way of legalization. I'll be watching this thread