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Author Topic: will all the countries make cryptocurrency legal?  (Read 1397 times)
DeadCoin
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May 16, 2018, 02:54:29 PM
 #221

This can be done in future but not now,  because many countries have no faith in cryptocurrency. Government afraid if they accept bitcoin people use that for illegal purpose. It takes long time to understand the whole concept about cryptocurrency. If one country accepts cryptocurrency and running successfully means automatically the other cointries are ready to accept as legal.

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Hannahanto
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May 16, 2018, 03:29:09 PM
 #222

Hope so but not immediately all countries accept cryptocurrency as legal. It will take time to understand the whole concept about the cryptocurrency. Some countries now announced cryptocurrency as legal. This would change the other countries also. If one country is well in economic growth with cryptocurrency means other countries also consider about the legalization of cryptocurrency.

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May 16, 2018, 03:39:51 PM
 #223

While some countries find it difficult to legalize it, it is because of the decentralize nature of it. Government will always want to have direct or indirect control of the financial world which is anti_smart contract which is one the key features of cryptocurrency through blockchain technology.
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May 16, 2018, 05:06:52 PM
 #224

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
Some have but i think some are not! They hard to find something that makes them to legalize it maybe! But hoping that someday they'll realize and found out what they're needed to make it legallize to them. Hopiiiiing just hoping!

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May 17, 2018, 10:19:29 AM
 #225

There is as big chance to that for every country have its own jurisdiction of property. Freedom to let things flows freely or made it under control. If every country meke crypto currency as lergal I think there would be good advantage.
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May 18, 2018, 10:39:24 AM
 #226

I think it all depends on the Government of our countries, but if for real Government will legalize cryptocurrency  there will be change in our countries and we will start developing more than we are developed now and people in our countries will be more freer to do some things than they are now.
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May 23, 2018, 06:57:19 PM
 #227

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

Very much just a friend, you see as far as the countries are in uncertainty. That is told about the ban, and then taxes consider. Constantly there is a speculation in the price. If your country hasn't legalized cryptocurrency that look narrowly at more friendly countries. Cool Wink

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Oceat
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May 23, 2018, 10:52:42 PM
 #228

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
The risk is always there no matter where you go, it is just a matter of how you will handle the risk when you take it. If that's how you set your mind, then i guess you won't go far in life and you will stay at your cave while some of them are taking the risk and leaving you while they find their new home. Why are you worried at the other countries if they were not legal yet? You only have one country and a nationality, unless you wanted to travel all around the globe while using your Bitcoin as a payment.
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May 24, 2018, 02:34:39 AM
 #229

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 the development of cryptocurrency more rapidly and more and more crypto enthusiasts. I think in the future later all countries will create legal cryptocurrency. If the price of all crypto high currencies is certain the government of the country will think to legalize cryptocurrency in the country.
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May 24, 2018, 11:56:33 PM
 #230

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

Very much just a friend, you see as far as the countries are in uncertainty. That is told about the ban, and then taxes consider. Constantly there is a speculation in the price. If your country hasn't legalized cryptocurrency that look narrowly at more friendly countries. Cool Wink

More friendly countries includes the countries in Asia and one particular country as an example is Japan and South Korea, was into the legalization of bitcoin. Their country has a fair regulations about bitcoin which has helped the bitcoin price to become more stable for few months, while the dip was still happening right now. In western countries there were some countries that bans bitcoin because of serious reasons which I think not really significant to bitcoin, because I knew bitcoin can be regulated. If asian and other countries imposed a fair regulations about bitcoin, then why its hard to legalize cryptocurrency? That would be so hard to think about, but still am hopeful this will be legalized 80% of the countries around the world will adopt cryptocurrency.

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May 25, 2018, 02:20:20 AM
 #231

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'm sure someday all countries will make cryptocurrency legal. Yes indeed if for the near future I think it is very unlikely. Surely this takes a very long time. If Bitcoin continues to show its development and high prices, I believe all countries will also think to legalize Bitcoin in their respective countries.
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May 27, 2018, 11:20:10 AM
 #232

It is certain that there will be countries that will be close-minded when it comes to crypto. These countries are mostly late when it comes to technology or they can also be countries that only see negativity around crypto rather that its benefits.

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May 27, 2018, 11:48:53 AM
 #233

I think that no matter how close minded some goverments are, sooner or later they will have no choice but to adopt cryptos. Some will take the initiative themselves and some will just have to follow for the sake of their financial relationships with other countries.
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May 29, 2018, 07:48:14 AM
 #234

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

These countries has a negative perceptions on cryptocurrencies and that restriction on trading will continue until a new leader with open mind took office. Only time can tell when will the country's leaders legalizes bitcoin and trading exchanges. Magbe it is hard for them to allow a virtual currency that is decentralized or can't be control by any existing laws.

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May 29, 2018, 10:31:09 AM
 #235

Sooner or later all countries will make the cryptocurrency legal. Now it's better to deal with those cryptoexchanges that are in the jurisdiction of countries that are positive about the cryptocurrency.

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May 30, 2018, 05:54:58 AM
 #236

Bitcoin’s legality is quite a controversial issue as almost every country has rejected it as a legal tender. This is primarily because of the fact that Bitcoin is a decentralized cryptocurrency.  While it is not officially legal in the US, the government has classified cryptocurrencies as MSB (Money Services Business). The US government has been more open and positive about Bitcoin compared to many other nations. Several government bodies have been instructed that all Bitcoin transactions need to be carried out only in legal terms.
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May 30, 2018, 06:42:17 AM
 #237

Of course it would be legally accepted by all countries.Due to popularity of Bitcoin various countries are coming on single platform for acceptance of cryptocrunncy that is really a positive news for us.
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May 30, 2018, 06:40:12 PM
 #238

I think that there will always be countries that do not recognize cryptocurrencies. And another question - how detailed will be the legislative regulation in the countries where cryptocurrencies will be recognized?

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May 31, 2018, 07:27:08 AM
 #239

probably all countries can legalize crypto but with the terms and conditions of each country. so that each country will make different rules of law. because crypto users are very difficult to monitor, this is because crypto users come from various countries and can transact with any country. and various transactions that occur. so it is possible to violate the law.


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May 31, 2018, 07:42:15 AM
 #240

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 believe that someday cryptocurrency will be legal in all countries in the world. If every year cryptocurrency always shows rapid development and more and more enthusiasts. I am sure that many countries make it legal. Yes, maybe this is our greatest hope all.

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