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Author Topic: Which country will be the first to legalize Bitcoin?  (Read 4440 times)
Bacotan Bae
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February 05, 2018, 09:44:44 AM
 #261

I heard that japan had legalized bitcoin, I've seen economic news showing that transactions with bitcoin in japan are very easy to find. this certainly makes us optimistic that the future of bitcoin even though it is currently experiencing a decline.


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February 14, 2018, 11:48:13 AM
 #262

Bitcoin and other cryptocurrencies are already legal in a lot of countries. The fact that businesses can accept them as a form of payment and that any gains have to be reported and then paid tax on (at least in the UK) shows that countries have legalised it. Other than that and the existing forms of regulation, I'd think it has already been pretty much legalised.
In Europe everywhere is the partial legalization. In Austria there is even a Bank which opens an account in bitcoins. In Switzerland you can pay utility bills using bitcoin. There are bitcoin ATMs. Officially, bitcoin is not recognized currency anywhere. I have not heard that any company officially paid wages in bitcoins.
i heared some countries from asia had also ATM for bitcoin this means many countries recognizing bitcoin as currency maybe not all of them legally accepted this but atleast partially yes,and next to that is legality..this has been waited for all of us so we can transact everything everywhere in the whole world

Let's see.. the time is quite mature I think. No more Fees when your travel !  Cool

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February 14, 2018, 11:50:18 AM
 #263

Maybe in Usa because their area many people whom know bitcoin in usa that they uses bitcoin also to become rich and succesful.They are maybe the one whom be first legalize bitcoin in their country.
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February 14, 2018, 11:51:29 AM
 #264

It'll come on its tracks soon I think - it's a matter of time.
Discounts will end soon  Shocked

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February 14, 2018, 11:53:25 AM
 #265

Maybe in Usa because their area many people whom know bitcoin in usa that they uses bitcoin also to become rich and succesful.They are maybe the one whom be first legalize bitcoin in their country.

Don't think so mate. USA has been trying to fight for their control against BTC since 2010 with SilkRoad..And they do not let this happen soon in their land

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February 14, 2018, 11:54:36 AM
 #266

I heard that japan had legalized bitcoin, I've seen economic news showing that transactions with bitcoin in japan are very easy to find. this certainly makes us optimistic that the future of bitcoin even though it is currently experiencing a decline.

Japan didn't legalized bitcoin, but instead they were just recognizing bitcoin and regulates cryptocurrency. There's no country who legalized cryptocurrency. Hopefully, there will be a country who will start to legalize bitcoin.
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February 14, 2018, 12:29:27 PM
Last edit: February 25, 2018, 02:32:23 PM by Taner
 #267

Or others Criptocurrencies I mean..

I'm looking forward to read and hear this news that will happen soon then what we are thinking..and it will change the way of action in economic world by who already are against BTC and stuff.
It has to happen ( even if I don't know how )

I bet in China  Wink
Bitcoin has been legalized in Japan, and opposite China trying to ban cryptocurrency advertising, ICO, exchanges and more.
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February 14, 2018, 01:03:17 PM
 #268

The digital currency Btc is now at the peak of its popularity.I think Japan is the first country to legalize Btc.Btc in Japan is a big trend.Presently,the country is striving to ensure the safest transactions in Btc.

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February 14, 2018, 01:08:34 PM
 #269

Bitcoin and other cryptographic currencies are legal in many countries.

Japan and South Korea are doing well, and China is still managing bitcoin.
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March 23, 2018, 08:51:50 AM
 #270

Or others Criptocurrencies I mean..

I'm looking forward to read and hear this news that will happen soon then what we are thinking..and it will change the way of action in economic world by who already are against BTC and stuff.
It has to happen ( even if I don't know how )

I bet in China  Wink

I bet in China and USA see a lot of devotees in that country
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March 24, 2018, 12:05:54 PM
 #271

Bitcoin is not legal all over the world. There are many country where bitcoin is illegal. I heard about Venezuela where it is legal. May be there are other such kind of country where government accept this valuable currency.
That's true, that there are some countries bitcoin is already legal, i think Japan is the first to legalize bitcoin until now. We heard that Japan is the largest number of bitcoin in all countries, the next is Philippines. In Philippines it used already as a form of payments and for buying. They legalized bitcoin, because they see that its valuable and a big help to their country and to the people.
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June 07, 2018, 05:43:00 PM
 #272

japan already legalized bitcoin followed by Germany Russia and Estonia Belarus and Swiss all these country legalised bitcoins and crypto currency trading
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June 07, 2018, 06:26:47 PM
 #273

Yes, the US is not very clear in their actions. In the state of Florida in one of the cities, recently allowed to pay for public services with bitcoin and some altcoins, but Washington itself has not yet given an exact answer - Yes or no in respect of cryptocurrency. I think that the US if it accepts it will be acceptance by the whole world, and they will not take on such responsibility until 100% understand their benefits.

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June 22, 2018, 08:13:47 AM
 #274

Or others Criptocurrencies I mean..

I'm looking forward to read and hear this news that will happen soon then what we are thinking..and it will change the way of action in economic world by who already are against BTC and stuff.
It has to happen ( even if I don't know how )

I bet in China  Wink

Honestly ,I dont know because i think some countries dont take bitcoin as legal.They always take it illegal because government do not authorized us to use bitcoin as our digital currency that we can buy things or what we want.
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June 22, 2018, 09:47:02 AM
 #275

japan already legalized bitcoin followed by Germany Russia and Estonia Belarus and Swiss all these country legalised bitcoins and crypto currency trading

As far I know, Japan is first country allowing their citizen using bitcoin for their transaction. Japan is advance country and their citizen can adapting on crypto quickly. I think, Japan and South Korea is biggest crypto market in the world right now

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June 22, 2018, 10:14:45 AM
 #276

I think that Venezuela might use bitcoin as a national currency (they already use it widely).Thats not a legalization but it is authorized by people.

Maybe that is the country but I wilp bet that the japan wipl be the first in it because they are really into the cryptocurrency especially the creator of the bitcoins is satoshi which is allegedly a japanese if he is real. But I think a lot of country are not banning bitcoins so if a rhink is not illegal and then they are legal so basically if you see the world a lot of country have no concerns about bitcoins and they are not prohibiting it so that means that the butcoins are pagal to use in them.
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June 22, 2018, 10:21:13 AM
 #277

Or others Criptocurrencies I mean..

I'm looking forward to read and hear this news that will happen soon then what we are thinking..and it will change the way of action in economic world by who already are against BTC and stuff.
It has to happen ( even if I don't know how )

I bet in China  Wink

Well, as far as I know the first country legalized the bitcoin was japan because japan is open for innovation and they thought bitcoin will help them to their economy. And based on what I read recently, In the mall of japan they started to accept bitcoin as a payment. And when japan accepted bitcoin china, switzerland, russia and some country followed it. But I thought cryptocurrency has a limited bitcoin transaction in china (I only read that in other section). However, its a great thing if many countries also accepted bitcoin.

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June 22, 2018, 10:28:57 AM
 #278

I think that Venezuela might use bitcoin as a national currency (they already use it widely).Thats not a legalization but it is authorized by people.

Maybe that is the country but I wilp bet that the japan wipl be the first in it because they are really into the cryptocurrency especially the creator of the bitcoins is satoshi which is allegedly a japanese if he is real. But I think a lot of country are not banning bitcoins so if a rhink is not illegal and then they are legal so basically if you see the world a lot of country have no concerns about bitcoins and they are not prohibiting it so that means that the butcoins are pagal to use in them.
Yes Japan has already accepted bitcoin in their country, and now their people are free to use bitcoin just like fiat currency. Bitcoin Will hopefully become legal in other countries also, because so many other countries are now thinking about to turn bitcoin as legal currency. But it will surely take some time because bitcoin is still very new and young.
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June 22, 2018, 10:29:49 AM
 #279

Based on many sources today that there are many countries that legalize bitcoin, and this is certainly a very proud thing and no need to worry us about the future of bitcoin and cryptocurrencies, countries like Japan, Denmark, Germany and so on have legalized bitcoin.



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June 22, 2018, 10:39:00 AM
 #280

Bitcoin is not legal all over the world. There are many country where bitcoin is illegal. I heard about Venezuela where it is legal. May be there are other such kind of country where government accept this valuable currency.
That's true, that there are some countries bitcoin is already legal, i think Japan is the first to legalize bitcoin until now. We heard that Japan is the largest number of bitcoin in all countries, the next is Philippines. In Philippines it used already as a form of payments and for buying. They legalized bitcoin, because they see that its valuable and a big help to their country and to the people.
Actually, there's a bunch of countries are now accepting bitcoin as payment for few kind of transaction, though it is not yet legal like in the Philippines, but it's allowed to use. Japan are now legalize the usage of bitcoin and that is the reason behind why bitcoin goes up last year 2017. Though there are still some countries who against bitcoin but still it is not too late for them to adapt.

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