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Author Topic: will all the countries make cryptocurrency legal?  (Read 2538 times)
yurekaa
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July 05, 2018, 04:29:19 AM
 #281

maybe. crypto is a digital currency that can overcome the problems that have occurred such as transaction speed, accuracy, transparency and security. so crypto is very appropriate to overcome these problems and the increasingly complex financial transaction activities so it is appropriate to use crypto.

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argus312
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July 05, 2018, 10:40:50 AM
 #282

Everything depends on the authorities of the country ... But most likely all countries sooner or later legalize not only bitcoin, but all the Crypto currency!
goaldigger
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July 06, 2018, 12:46:39 PM
 #283

Countries that have not adopted to cryptocurrency, and doesnt declare anything has a chance of making it legal pr not. They can decide which side of the table they want to be. Those who already illegalize it is almost impossible to stop. I guess of countries all decided which side they would be, pros and cons, and the majority is on the side of crypto then those countries ban it would follow the lead.

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KorakPawon
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July 08, 2018, 02:54:35 AM
 #284

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.

yes hopefully this prediction really happened, everyone is now waiting for that time, but even then there is no legality fixed bitcoin will be the number one choice, and remain number one.
akila1994
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July 08, 2018, 04:03:04 AM
 #285

Some countries already bitcoin as a legal currency. ex; UK,US,South Korea, Japan. recently India also announced that legal of bitcoin. In china did't took as bitcoin as a legal currency. But many people like to do transactions in bitcoin. May be in few years most of countries will legal the bitcoin.
dark1234
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July 08, 2018, 10:57:33 PM
 #286

Some countries already bitcoin as a legal currency. ex; UK,US,South Korea, Japan. recently India also announced that legal of bitcoin. In china did't took as bitcoin as a legal currency. But many people like to do transactions in bitcoin. May be in few years most of countries will legal the bitcoin.
I hope so....
when many developed countries such as Britain, the United States, South Korea, Japan have legalized many countries may also adopt a kebernian attitude to legalize bitcoin and this will happen when bitcoin becomes one of the alternatives of free market economic transactions

TrumpD
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July 09, 2018, 08:09:18 AM
 #287

Only id the respective governments feel that they can have some influence over it, and this can only come about with the first step of regulations set by these governments, under the "rule of law" in this case financially. But first governments will have to understand and would have to had implemented the technology behind cryptocurrencies, which is blockchain - testing blockchain applications in other facets of the governmental institutions. Once they see it can work there, then they will be more open to applying to the financial industry.
XFlowZion
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July 10, 2018, 06:55:00 AM
 #288

The real answer in no. You cannot please everyone and it applies on anything that exists in this world. The first requirement of crypto is an internet and smartphone or any gadget where they can do transactions and I doubt that poor countries can provide a public wifi to consolidate the use of crypto.
daviddaniels
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July 10, 2018, 12:14:51 PM
 #289

Yeah more or less it would take some time and with heavy regulations like Fincen's AML compliances, it would take 5 years or less to legalize this in whole world. Only big companies like shufti pro and hooyu are now able to cope up with new AML compliance so it will definitely be legal but more regulated.
Ozero
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July 11, 2018, 07:48:12 PM
 #290

The process of legalizing crypto currency by different states has been and will be quite complex and contradictory. States are not very interested in having on their territory a crypto currency that can not be controlled and which has such great volatility at such a high cost. Bitcoin, in most cases, will be recognized as a financial asset and very rarely as a means of payment. However, the attitude to the crypto-currency in most states can also still change.

Nanashev
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July 11, 2018, 10:05:58 PM
 #291

I do not think that can happen now. All countries are just not going legalize crytocurrencies now. Some government have expressed their outmost disgust for bitcoin but that does not put a restriction on cryptocurrency operation. We rather need support from the central bank-transaction perfection, transparency and security will help popularize bitcoin.
IamKnowledge
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July 11, 2018, 10:42:17 PM
 #292

I think its very possible for universality of bitcoin whereby every country will legalize its operation. That will be very nice. BITCoin has com a long way , but it is not over. Some countries like China, United States of America and South Korea are already comfortable with bitcoin operations and hence have made cryptos legal. Hopefullly, several other countries would also do same with time.....
camila92
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July 12, 2018, 05:01:34 PM
 #293

Cryptocurrencies have been linked to all aspects of daily life, including entertainment and this has been understood by Sia.

That is why they have announced a novelty, which involves the Blockchain technology.
to read more I invite you to review this article.

https://criptogaceta.com/tecnologia/ahora-sera-posible-poder-reproducir-videos-que-esten-almacenados-en-blockchain-de-sia/
poktur
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July 13, 2018, 12:47:18 PM
 #294

It seems to me to be, but it's still a matter of time, and this will not happen as soon as we would like!

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KorakPawon
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July 14, 2018, 01:07:11 AM
 #295

it's possible that the state can ban bitcoin in the presence of a decent cut and can add state revenue from bitcoin so it's possible, but it's back to government policy in your country, but hopefully.
senin
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September 12, 2018, 05:26:22 PM
 #296

We see that the process of legalizing crypto-currency takes a very long time. At such a pace as now, it may take many years for all countries to decide on this issue. However, we also do not know what can happen during this time. During this time, bitcoin can rise very much in its price and after panic, it falls very low. And this can happen several times. After that, the states will become much more negative about the entire Crypto-currency, considering it a financial bubble. Therefore, we can not say whether the crypto currency will ever be considered legitimate in all countries.
ningrumxxi
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September 13, 2018, 12:41:40 AM
 #297

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


To make cryptocurrency validated throughout the world, it may still be difficult, in addition to the level of progress of different countries, there are still many countries that want to protect the value of their currencies so that they do not endorse bitcoin. feared that business people leave the use of a country's currency and switch to bitcoin, it can be ascertained that the value of the country's currency is reduced, perhaps for some countries especially developed countries such things will not happen ...
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September 13, 2018, 03:05:02 AM
 #298

I don't think that many countries will adopt cryptocurrency, because there's a deep reasons that hinders their leader to accept this fact that it will replace traditional money. However there's more advantages that made other countries planned to legalize this type of digital money to be their potential legit currency. Good thing to know that in south korea their people was very much educated with bitcoin and other cryptocurrency, that's why it's not hard for them to adopt the system.
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September 13, 2018, 11:24:31 AM
 #299

It looks like a little bit unrealistic but the processes have already started,there are too many cryptocurrency related projects which are used on institutional level,So I think it will take too much time but nothing is impossible,especially now,in our reality,when everyday new international,commercial  agreements are drafted among countries.
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September 13, 2018, 03:10:54 PM
 #300

I think that this will not happen. Perhaps some recognize it. The rest will make their own crypto-digital digital dollar and there will be total control. They will see money, and everything that is bought on them.
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