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panganib999
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May 25, 2018, 04:25:36 PM |
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Bitcoin is always pertain to be a future currency so government needs to consider on legalizing the system of bitcoin for people to manage having a bitcoin in terms of transaction, investment and trading that could bring good return to them in terms of opportunity and development on the system of transaction for a currency and market. So implementing legality could definitely give a good effect for a better economy in the future for both the country and people.
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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MUSFIKAR
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May 25, 2018, 04:29:36 PM |
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Yes if Japan can finally legalize Bitcoin, it just means that they have confidence and it really has potential for the good of the economy. You personally think that the government should follow the steps that Japan made for Bitcoin because it's so helpful and helpful. Because the global currency is legal due to the fact that Bitcoin is widespread throughout the world and can be used almost everyone.
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Danglen1010
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May 25, 2018, 05:30:03 PM |
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Yes, government should consider bitcoin as a legal global currency because they are not one of those illegal businesses in this industry;
in fact they are one of the helpful business that makes you profitable in terms of investment and they deserve to consider about legal global currency.
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Papaczed
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May 25, 2018, 05:35:58 PM |
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Bitcoin is always pertain to be a future currency so government needs to consider on legalizing the system of bitcoin for people to manage having a bitcoin in terms of transaction, investment and trading that could bring good return to them in terms of opportunity and development on the system of transaction for a currency and market. So implementing legality could definitely give a good effect for a better economy in the future for both the country and people.
There are countries that which their governments agrees to allow their people to use bitcoin so i think with this countries too there are also the possibilities of legalizing bitcoin as their currency but globally making it hap would be a hard job |
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kinzey
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May 25, 2018, 11:48:27 PM |
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Bitcoin is always pertain to be a future currency so government needs to consider on legalizing the system of bitcoin for people to manage having a bitcoin in terms of transaction, investment and trading that could bring good return to them in terms of opportunity and development on the system of transaction for a currency and market. So implementing legality could definitely give a good effect for a better economy in the future for both the country and people.
There are countries that which their governments agrees to allow their people to use bitcoin so i think with this countries too there are also the possibilities of legalizing bitcoin as their currency but globally making it hap would be a hard job I agree, governments that allow its people to use bitcoin will be good enough, it doesnt have to be a global currency, it just has to be considered by governments and acknowledging it's use case and not ban it will give a huge impact to the bitcoin holders. |
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Blockfolioz
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May 25, 2018, 11:51:30 PM |
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Nothing wrong if governments start giving consideration to bitcoin as a global currency. Even with the traditional currency it has got different flaws, so at least can give importance as an alternative or a secondary solution for transaction purposes without restrictions which will help with the growth.
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Froloff92
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May 25, 2018, 11:56:43 PM |
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I don't think so that government will consider bitcoin as a legal currency looking to the present scenario. Bitcoin is anonymous and global. The government cannot control bitcoin so basicallly it will never consider it a legal affair
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P60
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May 25, 2018, 11:57:36 PM |
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Nothing wrong if governments start giving consideration to bitcoin as a global currency. Even with the traditional currency it has got different flaws, so at least can give importance as an alternative or a secondary solution for transaction purposes without restrictions which will help with the growth.
I agree with you, there's nothing wrong about if government will allow or consider Bitcoin as a legal global cryptocurrency. It would be a positive news for all the Bitcoin users. |
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cryptosluck
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May 26, 2018, 12:16:45 AM |
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considering bitcoin as global currency it is internet holders itself are about to take bitcoin as single largest accepting currency over the internet
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coinnumber
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May 26, 2018, 08:25:33 AM |
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It's not an easy task for government to accept Bitcoin as a legal global currency since they look at it as a threat to their own currencies and it has conquered the internet world already dominating ever online business which makes it to be the largest on the internet.
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UchihaRukawa
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May 26, 2018, 08:34:08 AM |
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Japan already made bitcoin a legal currency. Would you consider your countries to also pass a law recognizing bitcoin as a legal form of currency?
Why not!step by step our government has started acknowledging the potential values of bitcoin progress...legal but still some restrictions.it would be great benefit for all.i belive it will happen . knowing that other countries has already legalized bitcoint has create good imfact in their economy.. |
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bitcoinrunners001
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May 26, 2018, 08:43:27 AM |
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Some businesses are accepting bitcoin as a payment.It's just that when we talk about making money and change it into other currency in that we always have the argument about legalizing bitcoin.There will be time that government will have to decide in legalization in bitcoin if they can put taxes in bitcoin.Government should consider bitcoin as a legal in global currency.
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BennyK
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May 26, 2018, 08:45:58 AM |
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The governments look out for one thing, and that is to impose regulations on Bitcoin. Perhaps, bitcoin will lose its decentralized nature when the governments get a hand in this as they will hunt for a total control over the transactions of Bitcoin and all other cryptocurrencies. Or maybe, there has to be a shared power.
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Md.salauddin
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May 26, 2018, 11:23:51 AM |
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It sounds really great that Japan take the step, we all know that they are very much upgraded it technological sector may be that is why they understand the importance of bitcoin. I think if our government also do the same thing it really would be helpful everyone.
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yakafi
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May 26, 2018, 11:51:51 AM |
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Japan already made bitcoin a legal currency. Would you consider your countries to also pass a law recognizing bitcoin as a legal form of currency?
Yes, I think The government should accept bitcoin as legal currency. Because Crypto currency is the future of technology. It will be needed in the future. |
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mc.craigsvictor
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May 26, 2018, 11:52:43 AM |
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Government should take the decision by the side of bitcoin for the welfare of the the country as well as the welfare of the people of this country. Government just need to understand it.
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mackenzie5
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May 26, 2018, 12:45:45 PM |
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Bitcoin is a crypto currency which can operate globally for the day to day requirement of the human being.Now the developing countries governments are found scared of to implement bitcoin to their own countries because of their lack of technical know how about the crypto coins.In my view it will be advisable to operate parallel to the national currency with bitcoin.Years back during the financial recession period crypto currency could help the nations such as Greece, Japan, Venezuela , Brazil and Argentina.The above countries survived from the recession with the help of bitcoin
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Feuerbach
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May 26, 2018, 01:54:25 PM |
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Japan already made bitcoin a legal currency. Would you consider your countries to also pass a law recognizing bitcoin as a legal form of currency?
I think yes. Many legal entities usually can not work with crypto currency normally, if there is no normal legal basis. |
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samiul12
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May 26, 2018, 02:19:09 PM |
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Government must take some efforts to make bitcoin legal and tell the banks to make some different deposit systems where people can put their money safe and maintain their cryptocurrecy through that account. If government have the power to control digital market then many people will surely invest on cryptocurrency.
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Griegura
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May 26, 2018, 02:21:41 PM |
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The idea is good But who will be the issuer of this currency If it is a certain circle of persons, then it will slightly differ from the candy holder named dollar. If it is a global decentralized issue, there will be difficulties with consensus. And sooner or later the issue will be needed, here you can not manage one-off digitally numbered coins
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