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Author Topic: will all the countries make cryptocurrency legal?  (Read 2276 times)
MCVXYZ
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March 28, 2018, 08:49:23 PM
 #121

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal

Are you talking about developing countries or developed? there are countries where  goverments don't know how to define of its legal definition,even courts cann't  do this,So no one can answer you..this issue is very wide and complex,because In every different country,There are different approaches and legal norms,But I can say that it will be profitable for them,Why? Just imagine,In this sphere,In technology there are a lot of money and we know many projects like google or even youtube,their income maybe milliards of dollars in just two or three month and if someone in developing country do the projects like it, they will be very successful in the future,Their economical conditions will be better by this and not a worse,I see a great potential in it and I hope they will understand it too,Anyway that's why I say this.


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March 29, 2018, 08:43:40 AM
 #122

I really hope the government issues a government regulation that governs this digital currency and we can become easier in life
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March 29, 2018, 05:23:57 PM
 #123

I really hope the government issues a government regulation that governs this digital currency and we can become easier in life
You do not understand the purpose of cryptocurrencies. Any decision to legalize and regulate the cryptocurrency market will lead to people losing interest in this asset. The whole attraction of bitcoin was that it did not control its users. Now people are ready to destroy bitcoin to get free access to Fiat.


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Hammond ltd
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March 29, 2018, 10:53:58 PM
 #124

I don't think that it will happen in near future. We have a lot of cultural space between countries, that's why it will take a lot of of time to change the opinion about crypto in some places (will not list them)
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March 29, 2018, 11:04:30 PM
 #125

They don't have a problem with cryptocurrencies, they have a problem with decentralization, losing control. China's central bank is making their own cryptocurrency, obviously it's legal, but it's not the kind of cryptocurrency we're looking for.

https://cointelegraph.com/news/china-to-develop-centralized-crypto-protects-yuan-against-non-state-digital-currency

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March 30, 2018, 12:52:59 AM
 #126

What do you have to do with those countries if your country is not forbidding it? Are you not going to buy Bitcoins from your own country, but travel to one of those countries to buy them? If that is what you intend to do, then you obviously will have to wait a long time (or maybe forever), otherwise, that should not be your concern at all if your country allows trading it.
No one can ever know if a country is ever going to make Bitcoin legal or illegal. It totally depends on the thoughts of the authorities of that country, and those thoughts are never public unless they decide to implement them.
Consequently what do you have to do with those countries if your country is not forbidding it? Will you be not going to buy Bitcoins from your country, but travel to one particular countries to buy them? In the event that is what you intend to do, then you obviously will need to wait around a long time (or maybe forever), otherwise, that should not be your concern at all if your country allows trading it.
No one can ever know if a country is ever heading to make Bitcoin legal or illegal. It totally will depend on the thoughts of the authorities of that country, and others thoughts are never public unless they decide to implement them.
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March 30, 2018, 06:11:09 AM
 #127

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal

Why should you fear of something when it's not going to offer you.  If your country permits all citizens to use or trade bitcoin or any crypto currencies, then yes,  you can freely have access to use crypto currencies. If not then need to think on it.  If you are dare enough, you can very well do it so.  No harm in it?

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March 30, 2018, 03:47:19 PM
 #128

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal

Why should you fear of something when it's not going to offer you.  If your country permits all citizens to use or trade bitcoin or any crypto currencies, then yes,  you can freely have access to use crypto currencies. If not then need to think on it.  If you are dare enough, you can very well do it so.  No harm in it?
Don't doubt anything right? if I we are the investors/users here  so we should be the number one who will positively sees bitcoin as a good and potential income and that will change and will make innovation in the world and if we will not do it then the tendency is that countries won't make it legal as well.
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March 30, 2018, 04:05:21 PM
 #129

Every have their own views, so it does not depend that all countries will join there hands and make cryptocurrency legal. Many countries have taken subsequently steps in order to make crypto legal and safe but many are against also. So, judgement of countries will remain a question as their views can be changed at anytime.

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March 30, 2018, 04:16:20 PM
 #130

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal
If you are waiting for govt. To make it legal before you invest in cryptos then its better if you drop the whole idea of investing in cryptos itself. Cryptos are targetted at removing centralized censorship over money in this world. And what you are saying is that you will invest in decentralization when the centralized authority will allow it? Do you really think this will ever happen? Moreover even if all countries make it legal that wont mean they will have it backed as a legal tender too. No third party can guarantee you your money when it comes to cryptos.


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March 30, 2018, 08:18:31 PM
 #131

Making bitcoin legal would not come in unison. Some countries might be ready and considering its legality before another country but what I understand is that because bitcoin is a decentralized coin, whether legal or not, it won't be stopped.

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March 31, 2018, 01:10:00 AM
 #132

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal

Why should you fear of something when it's not going to offer you.  If your country permits all citizens to use or trade bitcoin or any crypto currencies, then yes,  you can freely have access to use crypto currencies. If not then need to think on it.  If you are dare enough, you can very well do it so.  No harm in it?
I can understand their reasoning. how can crypto market be jiggle only from FUD? especially if governments across the country prohibit bitcoin maybe it could be the end of the crypto? so naturally if they questioned "could there be a regulation for crypto?" because it will provide little investment security/safely for them

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March 31, 2018, 07:09:56 AM
 #133

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade.
so is there any chance for those countries to make it legal

I think every country has a different policy about bitcoin legality and its rules, and as long as this country still gives freedom in trading transactions with crypto I do not think it should be discussed about legality
And about the opportunity for bitcoin legality is very small because so far bitcoin is more dominant as a business asset than currency.
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March 31, 2018, 09:35:21 AM
 #134

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal

Why should you fear of something when it's not going to offer you.  If your country permits all citizens to use or trade bitcoin or any crypto currencies, then yes,  you can freely have access to use crypto currencies. If not then need to think on it.  If you are dare enough, you can very well do it so.  No harm in it?
Thinking about fear of something when it's never going to offer you. If your country permits all individuals to use or control bitcoin or any crypto currencies, then yes, you can freely have gain access to use crypto stock markets. If not then need to think upon it. In the event you are dare enough, you can very well do it so. Not any harm in it?
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March 31, 2018, 09:55:46 AM
 #135

Saya pikir sebagian negara ada yang membuat da  ada yang tidak . tergantung negara nya apahkah cryptocurrency bisa meningkatkan ekonomi suatu negara atau tidak . tidak semua negara membuat crytocurrency legal.
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March 31, 2018, 02:53:55 PM
 #136

I still have a dough on taking risk in cryptocurrency as still there are countries who are not making it legal to trade. so is there any chance for those countries to make it legal

Why should you fear of something when it's not going to offer you.  If your country permits all citizens to use or trade bitcoin or any crypto currencies, then yes,  you can freely have access to use crypto currencies. If not then need to think on it.  If you are dare enough, you can very well do it so.  No harm in it?
I can understand their reasoning. how can crypto market be jiggle only from FUD? especially if governments across the country prohibit bitcoin maybe it could be the end of the crypto? so naturally if they questioned "could there be a regulation for crypto?" because it will provide little investment security/safely for them
Not all countries bitcoin make them legal to their place some of them refuse and some of them embrace bitcoin technology, like what happen to Japan they are friendly on bitcoin and other cryptocurrencies. If I was not mistaken they have many companies of crypto exchange.
But there is country also who refused bitcoin just like China, they banning crypto exchange in their place.

Their government avoiding to these possible happen if they allow bitcoin.
*to use in illegal activities
*users to become Ponzi scheme
*maybe bitcoin is big competent to the bank of the country near in the future.

Those the negative side they saw in bitcoin but they never know that this is bringing people to fulfil their daily needs.

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MCVXYZ
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March 31, 2018, 05:47:52 PM
 #137

I don't think that it will happen in near future. We have a lot of cultural space between countries, that's why it will take a lot of of time to change the opinion about crypto in some places (will not list them)

I will try to expain it more easily.When goverment makes cryptocurrency legal and have friendly approaches,everyone especially large investors and startuppers start to have business relationships with these countries,therefore other countries in the neighbourhood try to do the same if not more to catch up with it and to have economic links to developed countries in this sphere.all we know that there are still reasons to organize a business activities at here,So that's why i think it will not take a lot of time...In another situation its more like a closed economy,where country has no link with any other..

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March 31, 2018, 09:42:42 PM
 #138

Each country has its rules regarding the legal side of cryptocurrencies, but the adoption will necessarily pass through the use of the blockchain in everyday life (mining, payment, cloud, sensitive data protection ...).
We need to have a very long-term vision before the blockchain has a real impact on our lives.

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March 31, 2018, 09:45:16 PM
 #139

Well, time shall tell on when all other countries of the world will legalise bitcoin and crypto currency in general. Although, am not not optimistic that crypto currency will be legalise in all the countries of the world sooner.  

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April 01, 2018, 12:54:05 AM
 #140

It wont happen. Goverments Do not accept that economic power to get out of their hands. So Im sure politicians will fight with crypto . but blockchain revolution will be with us, therefore BTC is unstoppable.
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