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Author Topic: World Map of Bitcoin Legality  (Read 516 times)
CaVO32
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December 09, 2020, 09:09:11 PM
 #41

It’s not going to be a rocket science. Bitcoin is barely two decades and with struggles through the centralized Authority as a decentralized currency with lots of unfavorable factors still have recorded success globally and with incredible value rate.

Definitely bitcoin will continue to spread and it’s awareness will be known in both Rulers and Urban areas but like I said earlier it’s not going to be a rocket science, it’s a gradual process as we bitcoin enthusiasts keep bringing up positive contributions to these bitcoin community.
You have very solid points we have some good propaganda against this even many predicted its going to dead soon few have still thinking about this its ponzi but its going to help millions and we still feel its going to be more green in future without any serious trouble many countries will be give soft policies as its not stoppable.

I believe with the move such as with PayPal's inclusion of crypto in their payment system or with Grayscale Bitcoin Trust's buying of btc, will change the perspective of these nations that are treating bitcoin as illegal. If they will not loosen their regulations, they will be left behind. So I am more than positive that sooner or later, they will change their stance in crypto. Just a matter of time before they change their stand. And hopefully, in the near future, we can see those countries with unknown status to change to green colour.
pixie85
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December 09, 2020, 09:28:51 PM
 #42

It's great to see so much green on the map.

I thought Russia is going to be shown as restricted with all the talks by Putin how only Rubble is acceptable for payments.

Even if you ask google you'll get this:

Quote
Deputy Finance Minister of the Russian Federation Alexei Moiseev said in September 2017 it's "probably illegal" to accept cryptocurrency payments. However, bitcoin market sites are blocked, and court decisions state that bitcoin is a currency surrogate which is outlawed in the territory of the Russian Federation.

Despite that Russia has the same color as Germany or Estonia where you can pay using Bitcoin and register exchanges. 
AakZaki
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December 13, 2020, 05:26:57 AM
 #43

~snip~
Despite that Russia has the same color as Germany or Estonia where you can pay using Bitcoin and register exchanges. 
Maybe entering a country name with a description would be better. I've read about the legality of bitcoin (crypto) in several countries. This legality is divided into several types. Permissive (legal to use bitcoin), contentious (some legal restrictions on usage of bitcoin), contentious (interpretation of old laws, but bitcoin is not prohibited directly), hostile (full or partial prohibition). You can see on https://en.m.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory
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