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Author Topic: will all the countries make cryptocurrency legal?  (Read 1273 times)
boblets243
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May 31, 2018, 10:03:48 AM
 #241

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
Probably not all because each country has its own stand about Bitcoin. And we cannot change their perception in Bitcoin. Also, if they adopt this technology there will be a lot of changes. Sometimes some countries are too traditional which restrict change. Well of course, there are leaders who would want improvement and willing to take the risk
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May 31, 2018, 06:05:48 PM
 #242

No all the countries didn't make the cryptocurrency as legal. Some countries only accept cryptocurrency as legal in their country. Due to cryptocurrencies tremendous growth it would be accepted as legal in so many countries. Soon this will change the other countries also. Now most of the countries accepted crypto as legal but with some restrictions. Some countries have serious discussion about accepting crypto. Hope in future surely it will accept by all countries.

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June 03, 2018, 07:46:46 AM
 #243

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
Probably not all because each country has its own stand about Bitcoin. And we cannot change their perception in Bitcoin. Also, if they adopt this technology there will be a lot of changes. Sometimes some countries are too traditional which restrict change. Well of course, there are leaders who would want improvement and willing to take the risk
Exactly I think it might happen because of the pressure of the changing times? when many people in that country use bitcoin, maybe the government will think how to unify these two financial systems, and a rule for bitcoin is made, and legalization is given. if one country do that, I'm sure many countries will follow it, because nothing can stop a spreading technological development..

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June 05, 2018, 09:33:31 AM
 #244

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
Probably not all because each country has its own stand about Bitcoin. And we cannot change their perception in Bitcoin. Also, if they adopt this technology there will be a lot of changes. Sometimes some countries are too traditional which restrict change. Well of course, there are leaders who would want improvement and willing to take the risk
Exactly I think it might happen because of the pressure of the changing times? when many people in that country use bitcoin, maybe the government will think how to unify these two financial systems, and a rule for bitcoin is made, and legalization is given. if one country do that, I'm sure many countries will follow it, because nothing can stop a spreading technological development..
However, the recognition of the crypto-currency sets new challenges for the state, which it is absolutely necessary to resolve. In particular, the decentralized nature of the blockade puts the government in the task of finding a balance between anonymity and user safety. All this, of course,
leads to the improvement and development of not only the financial sector of the economy, but all aspects of the life of the rule of law.
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June 05, 2018, 09:48:38 AM
 #245

If we talk about the legalization of cryptocurrency across the world, it is yet to be confirmed, all countries will be able to adapt its usage. All of them, have the issues to legalization and benefit of this for the world in business and development, it must be discussed. This step must be beneficial for a economy.
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June 05, 2018, 10:23:39 AM
 #246

NO, At least country like India is not going to make cryptocurrency legal. Cryptocurrency companies do not fall any type of company registration in India to register a company visit : https://www.quickcompany.in/
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June 05, 2018, 10:54:03 AM
 #247

Yes, I am sure all countries would be accepted Bitcoin cryptocrunncy as legal tender because several developing countries are already accepting Bitcoin as a legal tender.
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June 05, 2018, 10:59:27 AM
 #248


Some countries are already accepting BTC and its not going to be surprising if my  country will also accept because a bank nearby is already accepting BTC, they may not be promoting this services but I learned from local BTC investor that they do.

The adoption is gradual but  soon if XRP is going to be widely accepted and known then were all going to see a massive price rise to almost all altcoins.

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June 05, 2018, 12:47:41 PM
 #249

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

We cannot control which countries would make bitcoin legal or not. Governments have different perspectives and plans regarding cryptocurrency. Some see it as a threat while some see it as an opportunity. But there are still several countries who support bitcoin. So there is still a potential for bitcoin as long as there are a number of countries who believe in its potential. And as long as it is legal in your own country, you don't have to worry that much.
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June 07, 2018, 07:34:43 AM
 #250

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 someday all countries will make cryptocurrency legal in their respective countries. Yes, it does not sound very possible especially nowadays many countries are banning the use of crypto. But I am still optimistic if my prediction someday can be proven.

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June 09, 2018, 11:11:01 PM
 #251

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
There are many countries that make bitcoin illegal in their place. So i think there is no chance that cryptocurrency will be legal all over the world.

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June 10, 2018, 12:41:08 AM
 #252

I think due to popularity of cryptocurrency in the developing countries it can be possible and hope all countries will be accepted cryptocurrency as a legal currency.
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June 10, 2018, 10:18:09 PM
 #253

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
Probably not all because each country has its own stand about Bitcoin. And we cannot change their perception in Bitcoin. Also, if they adopt this technology there will be a lot of changes. Sometimes some countries are too traditional which restrict change. Well of course, there are leaders who would want improvement and willing to take the risk
I think that possibility exists if bitcoin develops bring all humans using bitcoin? of course the government will change their mind and start legalizing bitcoin. for now some governments are adamant to ban bitcoin because of its threat to local currency. but we do not know what will happen in the future right?

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June 10, 2018, 10:36:35 PM
 #254

Yes, I am sure all countries would be accepted Bitcoin cryptocrunncy as legal tender because several developing countries are already accepting Bitcoin as a legal tender.
that is pretty much impossible to be honest, there are countries whose currency could be destroyed once they compete it against bitcoin although at this point bitcoin's price is a bit weak and has a low trading volume in the past 6 months i can say that once it started to pump again there are monetary currency that could greatly affected.

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June 11, 2018, 03:15:18 AM
 #255

As far as i know there are just few countries that considered bitcoin of cryptocurrencies illegal to trade but most of the countries around the globe i mean the government never cared about it or maybe the lists are full of major problems to be solve than minding about cryptos who frankly speaking never cause harm to anymore and infact it helps a lot to individuals with financial problems. What i don’t know is if a certain country who implement bitcoin illegal will change of heart a consider it legal in a long run.

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June 11, 2018, 11:35:43 AM
 #256

I believe in time, all the governments of the world will legalalize cryptocurrency. It will just take time and persistency of those countries who already supporting it. It would make a domino effect where countries will influence another one at a time until all would need a help of each other to a one goal which is to have their people a free use of cryptocurrency everywhere.

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June 18, 2018, 05:12:18 AM
 #257

The process of legalization of the crypto currency is an internal matter of each state. No one has the right to interfere in this process. Therefore, it is impossible to predict anything about the general legalization of the crypto currency by all states. Moreover, the crypto currency has its advantages and disadvantages. And the shortcomings from the point of view of the states are very serious. And above all, the uncontrollability of its use and greater volatility. How can a digital something in the form of money in the state be accepted if it has one value in the morning, another day,
and in the evening is the third. How to levy taxes on profits from such activities. It's the same any experts will get confused. Therefore, for example, in Poland, attempts were made to shift the activity of documenting and calculating taxes from the crypto currency to the citizens themselves, which provoked legitimate protests. So, there are a lot of problems with the crypto currency and they are quite serious, especially as they concern the basis of existence of each state-the money.

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June 18, 2018, 10:38:05 AM
 #258

I believe in time, all the governments of the world will legalalize cryptocurrency. It will just take time and persistency of those countries who already supporting it. It would make a domino effect where countries will influence another one at a time until all would need a help of each other to a one goal which is to have their people a free use of cryptocurrency everywhere.

There are already countries that are recognizing cryptocurrencies legally and some are on the process of it but some are still firm with their decision not to let its countrymen use crypto because of the risk that they might use it in illegal means so we cannot do something about it. It may take some time for all the countries to recognize it but it will eventually happen when majority of the countries make it legal so the minority that is left wouldn't want to be left behind so they will legalize it. It may happen after a few years or decades.


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June 20, 2018, 11:33:03 AM
 #259

My opinion is that no. This is decided by the government in essence. It seems like a cool thing for every citizen, to get good money, to pay a certain tax on this. But no, always everything is complicated, not simplistic.

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June 20, 2018, 12:21:31 PM
 #260

It's a kind of pressure, as more and more people use crypto the situation is no longer possible to keep it not legal. Because the crypto trading circulation is very large beyond any trade for commercial size.

i only need 3 things in my life : food, WiFi, and other needs...
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