Will Bitcoin will be declare as legal or not ?

[Hannahanto]

I am sure if a business celebrty decides to launch his own coins then obviously the government would decide upon to launch its own crypto coin in the market. I dont think there is an obstacle in realasing the new crypto coin unless and until the govenrment is confimed of educated and skilled personalities to handle the responsibiltiy. I am sure in one or two years, a crypto currency would be found out. This would enhance the country's economy.

[Rooster101]

Bitcoin can become legal in the future by majority of the countries around the world and India will eventually allow bitcoin and other cryptocurrencies with its own kind of regulation and taxation. But it still depends on the outcome of the G20 summit on cryptocurrencies that held in Brazil. In that meeting, some members resisted call to discuss regulating cryptocurrencies at the conferences because they need to examine the digital coins further before any regulaltion could be proposed. The G20 members will meet again in July this year to give their recommendations on globally regulating the cryptocurrencies.

[seven7seven]

Maybe not in a next couple of years, but yes, I think that finally it will be declared as legal

[GalaxyWorld]

I think it depends on the government of every country if they want to declare bitcoin as legal or illegal. But for us i am sure that we all want bitcoin to become legal all over the world.

My government decide to forbid bitcoin usage because bitcoin still consider as risky investment and able to cause inflation.

G-20 still not give any action on bitcoin yet but it's not affect on my government decision to keep forbid bitcoin.

For me , bitcoin is not criminal money but for who use it that responsible with their action

I believe that there are still countries who will not declare bitcoin legal, but there will some popular counties just like in Japan who will gonna in favor with it, I hope that here in our country will make a big difference too, that here we will all gonna make things legal so that we won't have any problem in the future.

For countries such as China, it is very difficult for the government to accept. The current cough has not been able to control this market, and this is the opportunity for many rulers to corrupt and put money into bitcoins as a form of hiding.

[maarx]

India would probably decide upon it by next year. I am sure this would be positive. Son of a businessman has gong through his studies on blockchain and he shared his throughts on blockchain on a vedio about blockchain. It seems he has set up a team already and working on it. The name of the coin would be Jiocoin. The leader of the governemnt is in support to this business man as the leader is supported financially by him. So we can expect a coin launched from India next year if the current govenment comes over the authority again.

[dollarneed]

Bitcoin will never be declared as legal or adopted as the official currency since they the government can't control it, instead of legalizing it they will create their own cryptocurrency bitcoin is a big enemy to the financial system in this world that's why they hate it. If you asking will bitcoin be declared as legal especially as investment tool I think the answer is clear many country has been legalized bitcoin for that reason.

[malbterxic]

   I think that bitcoin will not be made legal for a long time. For the state on the one hand this is an additional income on the other hand, this is a big risk for the country's banking sector.
Bitcoin will not become a legal means of payment until it is understandable to the state.

[MCVXYZ]

I think it depends on the government of every country if they want to declare bitcoin as legal or illegal. But for us i am sure that we all want bitcoin to become legal all over the world.

My government decide to forbid bitcoin usage because bitcoin still consider as risky investment and able to cause inflation.

G-20 still not give any action on bitcoin yet but it's not affect on my government decision to keep forbid bitcoin.

For me , bitcoin is not criminal money but for who use it that responsible with their action

I believe that there are still countries who will not declare bitcoin legal, but there will some popular counties just like in Japan who will gonna in favor with it, I hope that here in our country will make a big difference too, that here we will all gonna make things legal so that we won't have any problem in the future.

For countries such as China, it is very difficult for the government to accept. The current cough has not been able to control this market, and this is the opportunity for many rulers to corrupt and put money into bitcoins as a form of hiding.

Yes,but We must take into account that we live in society with unlimited demand and this is the main factor why I think that bitcoin will be declared as  legal very soon in every country,even in bitcoin unfriendly countries...I always see posts about corruption and generally about crimes related to cryptocurrencies and I want to know when will people understand that its as normal as fiat money or gold or another payment system,but for this they need to define fundamental aspects of its structure,Look at goverments they even don't know about its structure and they are baning it without knowledge,its nonsense.

[sheenshane]

Because bitcoin can't manipulate the government so they recognized but they did not declare as a legal due to the possible happen that bitcoin may be the great competitor of the banking sector in every country who adopt bitcoin. Meanwhile, as of now while bitcoin has unlawful to our country we enjoying with it by bitcoin asset that being profitable and our government did not declare to pay us a taxes and they are quite as of now in cryptocurrencies, so far so good here.

[onrise]

Bitcoin will never be declared as legal or adopted as the official currency since they the government can't control it, instead of legalizing it they will create their own cryptocurrency bitcoin is a big enemy to the financial system in this world that's why they hate it. If you asking will bitcoin be declared as legal especially as investment tool I think the answer is clear many country has been legalized bitcoin for that reason.

Our country is also struck with this thing that since it cannot be regulated completely they government would not like to risk this with the economy as it also has the huge misuse as well. So government might ban it and may introduce their own coin which they will control it.

[carter34]

What I think about the legal stand of bitcoin in India is that, the regulation of zebpay is a sign that we are going to see probably a formal adoption. Meanwhile, India government has really shown to be a very strong bitcoin supporter by requiring their people to choose whether or not to allow it.

[aishyoo17]

There might be possibilities that bitcoin will be declare as legal but it won't be that easy and it will take time for it to happen because there will be studies that they will need to conduct and they will have to consider a lot of things. But I think we should not focus on that part we should focus to the part that government will acknowledge bitcoin and we should start using it in our transaction because this is really a good technology.

[nethan1btc]

There might be possibilities that bitcoin will be declare as legal but it won't be that easy and it will take time for it to happen because there will be studies that they will need to conduct and they will have to consider a lot of things. But I think we should not focus on that part we should focus to the part that government will acknowledge bitcoin and we should start using it in our transaction because this is really a good technology.

I think your point mate is to declare an illegal which it takes time to be happen since bitcoin is legal in most countries throughout the world. Well, as we all know there are some countries bitcoin didn't legalized it since some of their economic growth might affected. Like those people who already know much more on crypto currency as a result they didn't focus on there job which cause them force to resign and full-time in crypto currency so their government didn't legalized as they believe it may cause a great downfall on their economy but somehow most countries legalized bitcoin and some of the country support it as the crypto currency gives big help to the individual users to earn and support their financial aspect.

[fuding12]

Well .. Today, many policymakers in the world already know about Bitcoin, but many of them have not made legal or legal rules about digital currency because of the complexity of Bitcoin.

But as time passes, some countries begin to look at Bitcoin and digital currencies with different perspectives, and try to enforce the rules of bitcoin.

I think, It is not impossible if in the future bitcoin will become legal around the world.

[qwertyup23]

   I think that bitcoin will not be made legal for a long time. For the state on the one hand this is an additional income on the other hand, this is a big risk for the country's banking sector.
Bitcoin will not become a legal means of payment until it is understandable to the state.

Technically, there are countries who legalise the utilisation of bitcoin like Japan since they view it as something that can be beneficial to the state and to the society. Though some countries like China, South Korea, and Malaysia have imposed strict rules, regulations and restrictions, they absolutely do not prohibit it completely. In the aspect of making bitcoin as an alternative payment, some countries have started accepting bitcoin as payment to retailers, services and products. The problem that I think may occur concerns the transaction speed since it needs to be accepted under the blockchain technology.

[marielbeckham]

It definitely will happen but not in every country.

[lili song]

I think it can be happen in some country. Because now still many country not legalized bitcoin yet. Some country still don't believe bitcoin yet.
But in the future I see in some country already step by step legalized bitcoin. In some country, they do transactions using bitcoin to make a great service and fast payment.

[MCVXYZ]

I think it depends on the government of every country if they want to declare bitcoin as legal or illegal. But for us i am sure that we all want bitcoin to become legal all over the world.

My government decide to forbid bitcoin usage because bitcoin still consider as risky investment and able to cause inflation.

G-20 still not give any action on bitcoin yet but it's not affect on my government decision to keep forbid bitcoin.

For me , bitcoin is not criminal money but for who use it that responsible with their action

I believe that there are still countries who will not declare bitcoin legal, but there will some popular counties just like in Japan who will gonna in favor with it, I hope that here in our country will make a big difference too, that here we will all gonna make things legal so that we won't have any problem in the future.

For countries such as China, it is very difficult for the government to accept. The current cough has not been able to control this market, and this is the opportunity for many rulers to corrupt and put money into bitcoins as a form of hiding.

Not as difficult as it seems...Just imagine,Today,Many countries have already accepted it and these countries are more attractive for consumers,startupers and business investors than countries like China or even Japan,I think they will start thinking about competition very soon in another situation they will lose a golden opportunity to develope their technological abilities,I know China is one of the most well-developed country but its not enaugh,they need to open doors for more success.We know countries for example Malta,Republic of georgia and others which already known as a friendly countries for blockchain and bitcoin,which i think would be an example for other countries to create same,liberal approaches.

[Greenkarki]

It happens in future, but now in so many countries cannot declare bitcoin as legal in their country. At the same time some countries accepted the bitcoin as legal. Today so many people came to know about bitcoin. It can be discussed in media itself. So many countries will accept bitcoin as legal in their country. In future bitcoin will be more popular among the people.

[santoshloka]

i hope it will be legal in india