And now Vietnam to legalize Bitcoin

[HasHe]

Earlier vietnam was very skeptical about bitcoin just like China and Russia.But now,it has changed its stand and has decided to legalize bitcoin.It is said that new regulations would be implemented by the year end.

         www.zerohedge.com/news/2017-08-26/vietnam-plans-legalize-bitcoin-2018

[BillyBobZorton]

Earlier vietnam was very skeptical about bitcoin just like China and Russia.But now,it has changed its stand and has decided to legalize bitcoin.It is said that new regulations would be implemented by the year end.

         www.zerohedge.com/news/2017-08-26/vietnam-plans-legalize-bitcoin-2018

I saw this yesterday on MadBitcoin's show on the World Crypto Network which I recommend btw:

https://www.youtube.com/watch?v=LtGJBjGQXq4

It's a good way to keep up with everything relevant that happens on a daily basis without having to read anything. I like to watch these videos while I do other things like a radio program.

As far as Vietnam accepting bitcoin goes.. well the more acceptance the better, we'll see what impact it has on the market.

[Kprawn]

Earlier vietnam was very skeptical about bitcoin just like China and Russia.But now,it has changed its stand and has decided to legalize bitcoin.It is said that new regulations would be implemented by the year end.

         www.zerohedge.com/news/2017-08-26/vietnam-plans-legalize-bitcoin-2018

I saw this yesterday on MadBitcoin's show on the World Crypto Network which I recommend btw:

https://www.youtube.com/watch?v=LtGJBjGQXq4

It's a good way to keep up with everything relevant that happens on a daily basis without having to read anything. I like to watch these videos while I do other things like a radio program.

As far as Vietnam accepting bitcoin goes.. well the more acceptance the better, we'll see what impact it has on the market.

I do not like Thomas's tone of speech. He should just talk without any antics. Yes, it is very informative... but I fall asleep

after the first 10 minutes. I hope Vietnam will follow the same route as Japan... just leave the damn thing to grow on it's

own and welcome the extra tax income that are being generated from this. {Bitcoin tourist income} 

[stromae]

China is very skeptical about bitcoin and I wonder how China let Vietnam to legalize bitcoin. This is interesting. I don't think this will bring a momentum to bitcoin price, because Vietnam is not an influential country such as Japan or Chinese. But this is positve for bitcoin adoption anyways.

[LeGaulois]

This is what I don't understand with governments. There is a lot of cash to grab from Bitcoin, so why not accept it? Especially when a lot of them are claiming they don't have enough money and need to reduce budget for education and others or need to invent some new taxes which are sometimes just funny. Or worst, giving advantages to the big firms so they pay less but the population pay more...and get less...

[Jet Cash]

Is Russia anti-Bitcoin? I thought they were encouraging mining to utilise the cheap electricity that they have there.

[BrewMaster]

Is Russia anti-Bitcoin? I thought they were encouraging mining to utilise the cheap electricity that they have there.

Russia was never "anti-Bitcoin". they have always looked at it wrong and wanted to make it illegal but never did. until this year when Japan legalized bitcoin, they changed their stance and officially said we have no issue with bitcoin.
i believe it was their head of central bank who said "...bitcoin can be traced..." and put all their concerns about illegal activity to rest.

[Darker45]

China is very skeptical about bitcoin and I wonder how China let Vietnam to legalize bitcoin. This is interesting. I don't think this will bring a momentum to bitcoin price, because Vietnam is not an influential country such as Japan or Chinese. But this is positve for bitcoin adoption anyways.

Vietnam cannot be compared to China and Russia in terms of influence and power, much less economy. But in terms of their socialist leanings, Vietnam, Russia, and Vietnam are basically similar. I hope this move will be a model for other countries that are still in dilemma as to whether to open their doors to bitcoin or not. Opening up for Bitcoin is like opening to the world of possibilities.  

[LilloBoy]

This is what I don't understand with governments. There is a lot of cash to grab from Bitcoin, so why not accept it? Especially when a lot of them are claiming they don't have enough money and need to reduce budget for education and others or need to invent some new taxes which are sometimes just funny. Or worst, giving advantages to the big firms so they pay less but the population pay more...and get less...

Because they don't know Bitcoin and also because they are scared from something that can't be controlled.
But more countries will accept and more countries will follow... good job Vietnam!

[olushakes]

Earlier vietnam was very skeptical about bitcoin just like China and Russia.But now,it has changed its stand and has decided to legalize bitcoin.It is said that new regulations would be implemented by the year end.

         www.zerohedge.com/news/2017-08-26/vietnam-plans-legalize-bitcoin-2018

This is another great news coming at this time to even settle the dust for a while by giving us something to rejoice over in the face of all this difficulty around here and confusion generally in the crypto world. I am hopeful that other countries can follow suit so that we will all rejoice at the end of the day.

[qwerth]

I heard about it in news recently. Vietnam has been facing financial issues, so now the public has started to use Bitcoin as a currency.good for the community

[iyan33]

With bitcoin legalization in Vietnam certainly gives a positive signal for the development of bitcoin in southeast asia,
and of course will bring good change to the country as well as its users both in vietnam and those in various countries.

[JohnBitCo]

Earlier vietnam was very skeptical about bitcoin just like China and Russia.But now,it has changed its stand and has decided to legalize bitcoin.It is said that new regulations would be implemented by the year end.

         www.zerohedge.com/news/2017-08-26/vietnam-plans-legalize-bitcoin-2018

I saw this yesterday on MadBitcoin's show on the World Crypto Network which I recommend btw:

https://www.youtube.com/watch?v=LtGJBjGQXq4

It's a good way to keep up with everything relevant that happens on a daily basis without having to read anything. I like to watch these videos while I do other things like a radio program.

As far as Vietnam accepting bitcoin goes.. well the more acceptance the better, we'll see what impact it has on the market.

I do not like Thomas's tone of speech. He should just talk without any antics. Yes, it is very informative... but I fall asleep

after the first 10 minutes. I hope Vietnam will follow the same route as Japan... just leave the damn thing to grow on it's

own and welcome the extra tax income that are being generated from this. {Bitcoin tourist income} 

Maybe not now, but in near future Vietnam will surely legalize bitcoin. Not only Vietnam, but all  the countries will bound to make it legalize and it will be only because of people demand. Videos on bitcoin like these on youtube surely will further help bitcoin awareness among more people. I am happy to see this video and Vietnam news.

[aretebit]

Legalization is a must for mainstream adoption, but we have to see also how restrictive will be it regulation.

[Juggy777]

Earlier vietnam was very skeptical about bitcoin just like China and Russia.But now,it has changed its stand and has decided to legalize bitcoin.It is said that new regulations would be implemented by the year end.

         www.zerohedge.com/news/2017-08-26/vietnam-plans-legalize-bitcoin-2018

Strange that Vietnam has decided to now make a move and that will extend to next year but while it's a good move, and this shall give a boost for Bitcoins, it will be interesting to see what kind of regulations do they apply. Will they have a ease way of doing business or will they imply lot of restrictions, I hope other countries follow suit, but I fear soon we shall not have a free bitcoins world.

[Yoandy10]

This is good stuff man. The more legitimacy BTC gains around the globe, the more it will grow. It will become more stable as a result, thus making it more practical.

[dobolspeed1]

Earlier vietnam was very skeptical about bitcoin just like China and Russia.But now,it has changed its stand and has decided to legalize bitcoin.It is said that new regulations would be implemented by the year end.

         www.zerohedge.com/news/2017-08-26/vietnam-plans-legalize-bitcoin-2018

Now it is starting many countries that will legalize bitcoin because of the many transactions that occur. I think the government will also take advantage of it all.

[pearlmen]

News like this are those I want to always see in the forum but at the same time, the implementation is what mattered rather than this proposal as I see its not happening any time soon until 2018. I hope to see this come into fruition eventually and see the effect its going to have on the crypto space in general. But at the same time one should be mindful because decisions can change anytime with recourse to those who relied on it.

[BitcoinNational]

That's one small step for man, one giant leap for Bitcoin!
More countries will follow Vietnam. I am very curious to see what it's gonna change in the use of the bitcoin in the country and how mainstream population will adopt the new currency.

[nrvasquez]

Earlier vietnam was very skeptical about bitcoin just like China and Russia.But now,it has changed its stand and has decided to legalize bitcoin.It is said that new regulations would be implemented by the year end.

         www.zerohedge.com/news/2017-08-26/vietnam-plans-legalize-bitcoin-2018

It is a very good start, now many people are familiar with bitcoin and there will be more people who will use it.