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Author Topic: What do you think is Bitcoin become legal in all countries?  (Read 2302 times)
Catmony
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November 30, 2017, 03:03:56 AM
 #41

Many countries have tagged bitcoin as another ponzi and made it illegal to use or trade bitcoin. But in few countries bitcoin is totally legal and taxed as commodity. Most of the countries haven't made any official statement about legal status of bitcoin so it is neither legal nor illegal in those countries.

Soon bitcoin will be legalized all over the world.
Manc89
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November 30, 2017, 03:08:07 AM
 #42

Bitcoin is legal by some countries but some countries still not accepting the bitcoin.
What you think is Bitcoin become legal in all countries?

I think not all country. Most government warn their citizent to stay away from bitcoin since it price is very fluctuate.
That the most recent country will not really legalyze bitcoin.
millgates
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November 30, 2017, 03:12:21 AM
 #43

Bitcoin is legal by some countries but some countries still not accepting the bitcoin.
What you think is Bitcoin become legal in all countries?
I am not sure how I have to answer this question. All countries accept bitcoin or not, will not reduce bitcoin usage by the citizen. The anonimity is protect the bitcoin users from some negative thing such as identity theft. Its hard for government to check every address one by one.
Cholidm
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November 30, 2017, 04:00:24 AM
 #44

I think not all countries legalize bitcoin like IMF not legalize this currency

Dakshkapoor
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November 30, 2017, 04:34:01 AM
 #45

BITCOIN hadve been banned by some country because of the crimes and tax. Government want to take tax on every single thing but in case of bitcoins their is no tax on it so govt. will not have any data of how much a single person holding a crypto currency. By this thing no. of crimes are also increasing. It would be very difficult to say that govt.  will legal the Bitcoins. If it will become legal then there will be huge amount of tax on it.

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ropyu1978
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November 30, 2017, 04:43:31 AM
 #46

Bitcoin is legal by some countries but some countries still not accepting the bitcoin.
What you think is Bitcoin become legal in all countries?


in time, bitcoin will be accepted by almost all countries. it might take years. technological progress can not be released from human life. nowadays all digital era always involves internet. as well as with bitcoin that one of the most expensive currencies in history ever in digital technology.
pinoyden
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November 30, 2017, 04:45:53 AM
 #47

BITCOIN hadve been banned by some country because of the crimes and tax. Government want to take tax on every single thing but in case of bitcoins their is no tax on it so govt. will not have any data of how much a single person holding a crypto currency. By this thing no. of crimes are also increasing. It would be very difficult to say that govt.  will legal the Bitcoins. If it will become legal then there will be huge amount of tax on it.

some countries banned and restricts people to use bitcoin not just because of tax but also due to some factors like crime and illegal things because bitcoin is anymous therfor criminals prefered to use it thinking that they wouldnt get tracked down and caught red handed by police and nbi's. though i think people can still possibly use and operate bitcoin or other crypto even if its illegal in their country just by using a third party tunneling app like tor or vpn to hide or change thier current ip and country when using and acessing the web online.
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November 30, 2017, 06:07:00 AM
 #48

Bitcoin is legal by some countries but some countries still not accepting the bitcoin.
What you think is Bitcoin become legal in all countries?
I think if bitcoin becomes legal in all countries it will further facilitate access to payments throughout the entire transaction process.
otherwise it may be the world's major currency.
but with a high level of risk due to the bit sensitive bitcoin prices, I think it is still difficult in the near future if bitcoin becomes legal throughout the country.
zulkarnaen
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November 30, 2017, 06:08:28 AM
 #49

Bitcoin is legal by some countries but some countries still not accepting the bitcoin.
What you think is Bitcoin become legal in all countries?

indeed for current population of bitcoin users is still low when compared with the population of the population the world, but over time of course bitcoin function will be  can in use by everyone in the world to perform various financial transactions and other business transactions using bitcoin,and also legality of bitcoin certainly has potential to gain recognition from the government as official digital currency.
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November 30, 2017, 06:15:59 AM
 #50

This is expected of many people who are using bitcoin. The fact that bitcoins are legal in many countries has confirmed that bitcoins are good and safe. People can use this virtual currency safely to pay their bills daily.

Rahar02
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November 30, 2017, 06:24:12 AM
 #51

It won't happen for sure, most countries don't have detail regulations or laws regarding cryptocurrency.
Only a few countries that really spend their time to investigate and discuss cryptocurrency's usability in their countries such as Japan, South Korea, US and Russia. While most countries warn their citizens about invest in cryptocurrency or treat bitcoin as a commodity but prohibit fintech or other financial platforms to use cryptocurrency as a medium of exchange. Well, it's better if government consider bitcoin as an assets or commodity which people still can buy and sell bitcoin on exchanges and they do not ban it as happens in some countries.
centralbanksequalsbombs
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November 30, 2017, 06:28:56 AM
 #52

Bitcoin is legal by some countries but some countries still not accepting the bitcoin.
What you think is Bitcoin become legal in all countries?

Hahaha, that's funny - you know its the central banks that dictate all your economic laws in every country right?

Don't you know back in 2013 all big banks in every country essentially waged war on Bitcoin?

Bitcoin has been banned all over the world by all big banks in nearly all countries since 2013 (for over 4-years) and the banks have completely failed at stopping Bitcoin's growth. At a bank, just try to do a bank transaction say its for "Bitcoin" and watch your transaction be blocked for review.

BUT Everyone in all countries are still finding a way to get Bitcoins. They simply never say "Bitcoin" when dealing with banks. People are smart.

Notice how Bitcoin has for years successfully defeated all opposition?

Nothing can stop Bitcoin as it reached escape velocity back in 2013.  What do you think everyone's been doing for the past 4 years??


Today we are probably 1% adopted in the world.
Wait until we are closer to 3% adoption in the world.

Once we hit 4% adoption in the world, then Bitcoin = mainstream.

Let that sink in.

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November 30, 2017, 08:43:30 AM
 #53

Bitcoin is legal by some countries but some countries still not accepting the bitcoin.
What you think is Bitcoin become legal in all countries?
I don't think that it will happen soon because the most of the countries are not in the favour of the use of the bitcoin , so here we need to work with bitcoin more intelligency Because the basic reason is the government are forcing people to not use the bitcoin but at another side they are demanding for the tax , so here we can see how those countries government who have not made any rule or legalised bitcoin playing double sided game to make money .
Bit surely it will happen because the big economy countries already legalised the bitcoin , so may be another countries will take better action like those countries took to legalise bitcoin .
Another thing is here that we are the reason that is making the bitcoin not better , Because we made usually buy sell of the bitcoin without knowing the people , so make deals with the legitimate people to use bitcoin Because few bad guys are using it for bad things and making the bitcoin some what illegal way to use money .
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November 30, 2017, 08:48:11 AM
 #54

In my own speculation, most of the legal country that know all about bitcoin will be legalize, but in our country i dont think that will be legalize, its not popular to use and manipulate in our country.
randal9
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November 30, 2017, 10:40:43 AM
 #55

I think bitcoin will become legal in large, developed countries, where there is the concept of caring for the people...and I doubt that it will in the all others
Snub
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November 30, 2017, 10:59:33 AM
 #56

bitcoin will become legal in all over the world. But it needs some time to make it happen.
akmittal
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November 30, 2017, 11:04:04 AM
 #57

Yes, in my view most of the countries can not stop the growth of the Bitcoin. Slowly many country permitted Bitcoin as legal tender. Other country will be bound to do same. 
FlightyPouch
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November 30, 2017, 11:19:47 AM
 #58

Bitcoin is legal by some countries but some countries still not accepting the bitcoin.
What you think is Bitcoin become legal in all countries?

A lot of countries still are not accepting bitcoin maybe because of some various reasons and I think we just need to respect that, in some cases some countries banned bitcoin but I think there are others that can use bitcoin despite the ban.

If bitcoin legalize in all countries, I think we will be having another celebration for a more good pump. With a lot of people using it, meaning the demand is so high, we will be expecting a price so high ever than before but I think that is expected since a lot of people predicted that it might happen. I just hope bitcoin is well developed that time to be used by a large quantity of people.

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November 30, 2017, 11:56:01 AM
 #59

Most likely yes because in some countries of the world, Bitcoin is now valid and hopefully will apply in all countries as we expect ...
Core.BUSTER
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November 30, 2017, 04:50:47 PM
 #60

Bitcoin is legal by some countries but some countries still not accepting the bitcoin.
What you think is Bitcoin become legal in all countries?
I think if bitcoin become legal worldwide the price will rapidly increase because many people will attract and the demand will also increase so that I guess the price will increase. In addition to that, I think it has a positive effect in bitcoin community and indsutry and I hope bitcoin will be legalized worldwide.
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