dste123
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June 16, 2016, 08:50:25 PM |
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The world would be a better place. Crime will go down, wars will end, people will get out of debt, and the world will continue to spin.
not sure why you think crime would go down...people are still people at the end of the day |
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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hendra147
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June 17, 2016, 12:12:25 AM |
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if that happens, perhaps the development of bitcoin will get better, and also the number of people who will use bitcoin as an alternative transaction, other than a credit card, because bitcoin has more benefits.
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sishendaoye
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June 21, 2016, 02:03:33 PM |
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If Bitcoin became a legal currency the one thing that the government would do is putting tax on it so that they could also make money on it like they always do.
That is why I do not hope that it does not hope that the Bitcoin becomes fully legal.
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newcoins1978
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July 03, 2016, 02:40:03 AM |
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Well if bitcoin will become a legal currency I think its price will rise. It will also be easier to use bitcoin in our daily lives. It would be nice to buy something in the grocery and pay with bitcoin.  Yes the price would rise to a much higher amount and there will be a lot more users plus more company's that are gonna accept it. Maybe even our salary will than goes by the bitcoin, this would be just so nice. |
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Enotche
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July 03, 2016, 07:13:57 AM |
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The situation with uncertain legal status cryptocurrency leads to a decrease in business activity.
Those who work "in white" are afraid that it will be illegal and those who work "in the black", afraid of what would become legal. "
No business does not like uncertainty, particularly with regard to relations with the state.
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bitcoinisfurture
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July 03, 2016, 07:35:27 AM |
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This will never happen as this would mean that world have a common currency. This means country currency fall down which no country would like to happen if you have bitcoin as the world wide accepting currency if it needs to happen.
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cecelady
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July 03, 2016, 07:56:46 AM |
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In my opinion, Specially I live in a 3rd world County. Which is Corruption is very rampant nowadays... I dont agree legalizing it our country... Politicians will take advantage of its anonymity feature. They can easily transfer their Ill gotten wealth easily, and it will be very hard to trace from the Government Tax Agency. I would say, let it be, for us to benefit i t and not them......
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23dzmaz
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July 03, 2016, 08:28:05 AM |
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If all country stated that bitcoin is a legal currency. Many people will curious and start using bitcoin and also it can make the price of bitcoin increase.
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DoublerHunter
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July 03, 2016, 11:15:42 AM |
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Simple, Many people will use it and they will forget about their doubt about bitcoin because it is legal and aside from getting more users, stores will adopt bitcoin to get more customers because it will be easier for their customers because all they need to do is to scan the barcode from the cashier and then pay the things that they buy  . I believe that someday bitcoin will be legal all around the world so we will have a less hassle life . |
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rhed718
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July 03, 2016, 11:51:02 AM |
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It is good to us who are now using bitcoin we have already an advantage and i think the price would be quitely stable if that will happen and also more stores start offering bitcoin as their mode of payment.
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Jumanga
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July 03, 2016, 11:55:35 AM |
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It is good to us who are now using bitcoin we have already an advantage and i think the price would be quitely stable if that will happen and also more stores start offering bitcoin as their mode of payment.
When bitcoins is accepted as a legal currency more people will start using it and the price will be volatile a couple of years before getting stable. |
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groll
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July 03, 2016, 12:14:55 PM |
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Everyone would like the bitcoin is accepted in all online and real stores and, as as mentioned in the title, what would happen if Bitcoin became a legal currency?
If bitcoin becomes a legal currency then the value of bitcoin will become stable. And wallets will no longer be anonymous and it will be monitored by amla. It will be regulated by the government and there will be guidelines and restrictions on the use and ownership of bitcoins. Bitcoin will be more secured and free if not less threatened by hackers and scammers. |
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freedomgo
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July 04, 2016, 08:12:41 AM |
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Everyone would like the bitcoin is accepted in all online and real stores and, as as mentioned in the title, what would happen if Bitcoin became a legal currency?
If bitcoin becomes a legal currency then the value of bitcoin will become stable. And wallets will no longer be anonymous and it will be monitored by amla. It will be regulated by the government and there will be guidelines and restrictions on the use and ownership of bitcoins. Bitcoin will be more secured and free if not less threatened by hackers and scammers. Of course that would happen, and even now when we exchange our bitcoins in local exchange sites we are already required to fill and update our information because the central bank and AMLC are already alarm with the huge transactions of bitcoins coming in and out. |
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CoinFoxs
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July 04, 2016, 11:45:30 AM |
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Everyone would like the bitcoin is accepted in all online and real stores and, as as mentioned in the title, what would happen if Bitcoin became a legal currency?
If bitcoin is become legal currency and accepted all over the world then almost everyone start working on bitcoin and the price of bitcoin also increase due to the demand of bitcoin in the market. |
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freedomgo
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July 05, 2016, 06:44:54 AM |
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Everyone would like the bitcoin is accepted in all online and real stores and, as as mentioned in the title, what would happen if Bitcoin became a legal currency?
If bitcoin is become legal currency and accepted all over the world then almost everyone start working on bitcoin and the price of bitcoin also increase due to the demand of bitcoin in the market. That is for sure, we need to be legalize to gain the trust of the majority and since bitcoins has not inflation we can make profit when we invest now. |
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phreaky
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July 05, 2016, 09:36:44 AM |
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If Bitcoin became legal allot of things would happen because making it legal means that the government needs to have our information if we want to make use of it.
Most Bitcoin users would not like this because a reason why they are here is because of the fact that they not have to give out information.
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CoinFoxs
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July 05, 2016, 10:00:22 AM |
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It is good to us who are now using bitcoin we have already an advantage and i think the price would be quitely stable if that will happen and also more stores start offering bitcoin as their mode of payment.
On every store bitcoin is acceptable and we pay our bills in bitcoin even we get our salary in bitcoin..And for sure bitcoin will reach a solid amount which is very helpful for the users of bitcoin. |
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freedomgo
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July 06, 2016, 06:48:47 AM |
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It is good to us who are now using bitcoin we have already an advantage and i think the price would be quitely stable if that will happen and also more stores start offering bitcoin as their mode of payment.
On every store bitcoin is acceptable and we pay our bills in bitcoin even we get our salary in bitcoin..And for sure bitcoin will reach a solid amount which is very helpful for the users of bitcoin. If bitcoin will become a legal currency we can see more transactions in the market which would improve the price and will make long term holders rich, but the worse thing is we need to pay the appropriate taxes. |
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alplaxxx
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July 06, 2016, 08:14:02 AM |
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If bitcoin became legal currency, many people using that in many ways, also there are many future criminal use it for illegal transaction, and also the price of bitcoin will improve .
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SmartIphone
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July 06, 2016, 09:41:59 PM |
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Everyone would like the bitcoin is accepted in all online and real stores and, as as mentioned in the title, what would happen if Bitcoin became a legal currency?
If bitcoin gets accepted in most of online and real stores then people who manage the fiat currencies will try to centralize the bitcoin as we see that there are many attempts from the big worldwide institutions nowadays. |
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