elash
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November 20, 2017, 12:10:36 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 the bitcoin became a legal currency it will become popular because bitcoin is a intangible money than the currency we have in this day. And if you are going to buy a in online shop you can use bitcoin to pay in online shop because it's already legal and it's more useful because in today's generation we are already in high technology world that's why I think sooner or later bitcoin will become a legal currency.
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"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
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kevpantof
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November 22, 2017, 01:29:32 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?
Bitcoin legislation is a very big goal of bitcoin and it will surely be reached by in in coming years as bitcoin is tremendously increasing day by day and more and more people are getting into bitcoin and investing in it. If bitcoin becomes legal currency around the world this will be a vast change knowledgeable people will get high profit and investor will also earn more. Their will be more job opportunities due to bitcoin flow and unemployment will be solved due to this and this will also increase the price of bitcoin.
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waynechong1995
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swing!
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November 22, 2017, 02:09:48 PM |
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Let's say bitcoin had truly overcome its current obstacles and had been well-recognized among public, the price would of course soar high to a point which it stabilize as the market cap has been pretty much distributed evenly and the price movement wouldn't that big anymore, similar like USD where the price could just tank much stronger than it was today. But as bitcoin is unlike fiats that could be produced from air, the limited supply would encourage some hidden big players to chip them off slowly for their own advantages, and the almost guaranteed fact is other alt coins would follow as well which further heat up this market again.
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ask
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November 22, 2017, 02:39:20 PM |
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Bitcoin is not flagged as illegal in my country and so there is no legalyty issue for me. If something is not illegal then its legal. Do you know a country where bitcoin is illegal?
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Bella Thorne
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November 23, 2017, 06:02:56 AM |
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I think if the bitcoin going to legal currency maybe it is OK for that or in near in future
Well that would be the best thing could happen if the bitcoin became a legal currency, i think many people is we will go and will try bitcoin as their source of income like the many users doing, and i think there will be more many investors who will also want to invest here in bitcoin.
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laetitiavh
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November 23, 2017, 06:05:06 AM |
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Bitcoin is not flagged as illegal in my country and so there is no legalyty issue for me. If something is not illegal then its legal. Do you know a country where bitcoin is illegal?
There are tons of counties that flagged Bitcoin as an illegal method payment, the big one that effect to the crypto currency market is China.
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Papaczed
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Adoption Blockchain e-Commerce to World
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November 23, 2017, 06:10:44 AM |
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I think if the bitcoin going to legal currency maybe it is OK for that or in near in future
For me that would be great for all the users and for the supporters of bitcoin, if it will be a legal currency all over the world, and i think there are mamy people who are unemployed will have a interest in bitcoin, and in that bitcoin can help our economy to reduces the unemplyed people all over the world.
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Tegin92
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November 23, 2017, 06:20:04 AM |
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Of course it will reduce the rate of poverty in every region or country and will support the economics of the layers of the poor if true bitcoin is legal by the government
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tommierijnbout
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November 23, 2017, 07:38:19 AM |
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The first thing will come at first is price of Bitcoin will raise into 15k$ . The second thing is crypto currency industry will be at high development. Fiats could be replaced by Bitcoin too.
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julzcoinbit
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November 23, 2017, 07:49:20 AM Last edit: November 23, 2017, 08:05:53 AM by julzcoinbit |
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The first thing will come at first is price of Bitcoin will raise into 15k$ . The second thing is crypto currency industry will be at high development. Fiats could be replaced by Bitcoin too.
If time will come that bitcoin will be legal in our country, I think the price of it will increase rapidly and will explode as bitcoin demand will surely pump as many people will start using bitcoin. And I think fiat currency will be denied because through bitcoin people can easily pay their bills via online and can shopped in the store easily just scan their wallet code then they can able to pay of what they are get shopped in the department store.
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Yarsk
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November 23, 2017, 08:02:22 AM |
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Despite the fact that bitcoin is not yet generally legalized many people has adopted bitcoin as they secondary currency. But if bitcoin is generally legalized it will make it More accessible and the price of bitcoin will sky rocket and the government will be able to tax bitcoin in some form, it activities will be more popular and more investors will be confidence to invest more in the digital currency which will increase bitcoin supply in the financial system.
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eloymjb
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November 23, 2017, 10:13:43 AM |
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in my own opinion i think if bitcoin become a legal currency that is the time that bitcoin become more popular in all countries aroud the world. that is the way that more people encourage to hold and use it.
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CherRic
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November 23, 2017, 10:15:41 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?
More people will be encouraged to join bitcoin. They will be desperate to join and use bitcoin. It would be so nice because you can use it legally and anywhere in the country.
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katarin2030
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November 23, 2017, 10:57:54 AM |
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in my own opinion i think if bitcoin become a legal currency that is the time that bitcoin become more popular in all countries aroud the world. that is the way that more people encourage to hold and use it.
If bitcoin is recognized by the government it becomes official to use by all, as fiat currency is legal now in the same way bitcoin also considered and that results in increase in coin users, at the same time price may also increases.
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BeGoods
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November 23, 2017, 12:05:08 PM |
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Of course it will reduce the rate of poverty in every region or country and will support the economics of the layers of the poor if true bitcoin is legal by the government
Lol how can do that? first bitcoin to be legal does not mean all poor people then have the ability to use internet and then use bitcoin. being legal will make more and more people believe in bitcoin and then invest in bitcoin. while the poor will not care about it because they are not familiar with technology #IMO
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Yadamosan
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November 23, 2017, 12:25:28 PM |
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if Bitcoin became a legal currency, i think its rate would be stabelised
well if every country accept bitcoin as a currency it will be corresponded by a certain international law that will influence the value of bitcoin and it will not follow the real intention of creating bitcoin as it was desire bein decentralized and ain't control by anybody.
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Pattart
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November 23, 2017, 01:44:37 PM |
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in my own opinion i think if bitcoin become a legal currency that is the time that bitcoin become more popular in all countries aroud the world. that is the way that more people encourage to hold and use it.
If bitcoin is recognized by the government it becomes official to use by all, as fiat currency is legal now in the same way bitcoin also considered and that results in increase in coin users, at the same time price may also increases. The possibility is sure to happen is bitcoin prices will skyrocket more than this time because when bitcoin becomes legal there will be many people outside who then know and trust in bitcoin and it will make masive adoption and of course it will make marketcap become bigger and finally make price higher, but the question is when bitcoin becomes legal? lol
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NewBet
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November 24, 2017, 09:05:23 PM |
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If Bitcoin becomes a legal currency, you could bet your bottom dollar its value would soar through the roof. How do I know this? Because the more people who use it, the less Bitcoin there will be, and the less Bitcoin there is, the more rare it is, and the more rare something is, the more it is worth. Supply and demand, economics 101.
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Prince786
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November 29, 2017, 10:29:23 PM |
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If bitcoin be legal currency would definitely use it a lot and started to develop it into a business.I'm sure many people will start using bitcoin and bitcoin become popular around the world. The price of bitcoin also increase.
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rockyboy
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November 29, 2017, 11:03:31 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?
We will be celebrating to the fullest if that will happen. When bitcoin becomes legal it will be a good news to all users and will help for more easier transactions because bitcoin will finally be accepted all over the world.
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