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Author Topic: will all the countries make cryptocurrency legal?  (Read 2538 times)
nebuch
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March 09, 2018, 06:46:12 AM
 #41

Ofcourse, chances is always there every moment. Legality of cryptocurrency is some countries is not good for them, the reason is they can't afford some bitcoin's to invest in it. What will be the point if one country buy bitcoin but only one or not more than 5pieces. It can be a big deal for them. Legality is for those who can afford and open minded in business. Without an open mind one country will not make bitcoin as legal. Maybe someday more countries will be legal.
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March 09, 2018, 07:37:00 AM
 #42

There are like 10 countries already where bitcoin, and crypto currencies in general, forbidden. Currently we may see a tend of crypto legalization, some states in the USA officially legalized bitcoin payments. This is very positive and I think it will affect on other countries decision about crypto, but I doubt that bitcoin will be legalized worldwide. Doubtful that those countries where bitcoin is forbidden will ever change their position to crypto.
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March 09, 2018, 08:07:28 AM
 #43

The governments that decides it's still banned/unlegal, certainly still has the assumption that everything related to crypto including crypto trade.. it will have a high risk to the country due of the characteristics of the crypto is easily influenced a various things.
Basically I think an opportunity certainly would be exist, but it can't be predicted with certainty, because everything follows the current developments that occur, if it's more toward to the positively direction, of course it might be would to legalized.
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March 09, 2018, 02:22:40 PM
 #44

The possibility is not a 100% at all in short amount of time since few countries just adapting and to say the least they might have few knowledge and engaging to it may have time and thorough consultations.

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March 09, 2018, 03:37:12 PM
 #45

The possibility is not a 100% at all in short amount of time since few countries just adapting and to say the least they might have few knowledge and engaging to it may have time and thorough consultations.


I think the 100% chance is that it won't. Tell me what is the government's interest in legalizing cryptocurrency? Many users think that taxes attract governments. But it is not. For many countries legalizing bitcoin will be a problem that the capital leaves their country. There are other reasons. For example, the stability of the banking system. I think it would be more convenient for governments to leave it as it is.
manoj kumar k
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March 09, 2018, 04:24:26 PM
 #46

i really dont have any idea of wheather all over the world crypto currency will get legal each and every country have their own rules and regulations
rhamzter
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March 09, 2018, 09:16:30 PM
 #47

Ofcourse, chances is always there every moment. Legality of cryptocurrency is some countries is not good for them, the reason is they can't afford some bitcoin's to invest in it. What will be the point if one country buy bitcoin but only one or not more than 5pieces. It can be a big deal for them. Legality is for those who can afford and open minded in business. Without an open mind one country will not make bitcoin as legal. Maybe someday more countries will be legal.

There's a chances to happen but a little bit, because as of now some countries still banned bitcoin together with the other crypto currencies. Try to visit this link http://bitcoinbans.com/ you see that not all countries are favor to the crypto currencies. But still many users beliefs that one day all crypto currencies will become legalize.
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March 09, 2018, 09:30:29 PM
 #48

Many small countries will follow the big country stand on crypto-currency legalization. USA being a super power and also the most technical advance country has not taken any clear stand on crypto-legalization. Many countries are waiting for US stand to follow on crypto-legalization, so that they can also take some firm stem on its legalization.
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March 10, 2018, 12:40:05 AM
 #49

Many small countries will follow the big country stand on crypto-currency legalization. USA being a super power and also the most technical advance country has not taken any clear stand on crypto-legalization. Many countries are waiting for US stand to follow on crypto-legalization, so that they can also take some firm stem on its legalization.
Hopefully, that's some happen to other countries adopting bitcoin technology not be afraid of being the negative side of bitcoin. Well, luckily bitcoin here our country and our government embracing bitcoin they recognized bitcoin as a currency and a mode of payment.
We could not say that it is legal but they recognized as what bitcoin it is but they can't manipulate and control bitcoin.

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March 10, 2018, 06:01:41 AM
 #50

I hope so eventually, but for now other countries are not yet open minded to accept cryptocurrency in their country maybe because their government will not benefit from it, they cannot taxed it. There  will come a time that they cannot deny it and they have to sit down and tacle this issue and maybe come out with a solution that will benefit both the government and people.   This I pray will happen.
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March 10, 2018, 08:10:31 AM
 #51

Wish it should happen. But obviously this would take some time in years. When crypto currencies are adapted, certainly there is going to be a great change in the country's economy. Many lives would benefit themselves earning and living with a decent lifestyle. It would certainly reduce the pain of government in providing employment to its citizens as well. Hope crypto currencies soon should be accepted as legal currency all over the world.
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March 10, 2018, 09:21:14 AM
 #52

Assuming in which country you live in. And as for your question, I still do not know because there are many countries banning cryptocurrency as well as countries recognizing it. If you want to invest in a cryptocurrency, then study your country and see whether or not it is suitable for you.

For example, my country is neutral. People in here still do not know about the existence of bitcoin or any other cryptocurrency. Maybe that is why my government still has not taken actions yet.
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March 10, 2018, 04:46:39 PM
 #53

Too early to say, there are so many conservative over protective countries in which you cant easily get through. Crytocurrencies are new to most of us, some government are very skeptical and hardly to trust this kind of trnasactions. So hopefully bitcoin wil be accepted to a conservstive cointires for it be legalize.
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March 10, 2018, 04:53:13 PM
 #54

Too early to say, there are so many conservative over protective countries in which you cant easily get through. Crytocurrencies are new to most of us, some government are very skeptical and hardly to trust this kind of trnasactions. So hopefully bitcoin wil be accepted to a conservstive cointires for it be legalize.
You are right we can't predict now that all countries will accept bitcoin in their country but I hope most of the countries will accepti it since the powerful and developed countries like USA already accepted crypto  currencies and made taxation system for it so most of the countries will follow them in my opinion.









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kwabeedat
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March 10, 2018, 10:17:40 PM
 #55

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
Yes there are chances that they will make it legal. Even those who have officially stated it to be illegal will later chip in some regulations to make it legal somehow. I say this because the world is highly controlled by the superpower nations, and currently only China has stated emphatically that they want to ban some crypto, but others are thinking of regulations
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March 10, 2018, 11:11:22 PM
Last edit: March 12, 2018, 07:09:33 PM by kimochidesh
 #56

I don't believe it to happen. Political leaders never want that economic power to get out of their hands. So I don't think politicians want BTC to have legal status. But Tech. revolution is hard to stop, therefore BTC is unstoppable. Doesn't matter what think about it.
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March 11, 2018, 04:52:13 AM
 #57

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
All states will sooner or later consider the issue of legalization of the crypto currency. Not to notice its circulation on their territory, they can not, especially since crypto-currency, and especially bitcoin, has a very high cost compared to any national money. However, each state will have its own decision on this issue. We can already see that these decisions are diverse, from full acceptance, as in Japan, to a complete ban, as in Zimbabwe. Each state must go its own way in this matter and this way will be long. What can you do, financial issues do not tolerate hasty decisions.

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March 11, 2018, 07:19:25 AM
 #58

I don't believe it to happen. Political leaders never want that economical power to get out of their hands

But the truth is we don't need anyone's permission to use bitcoin because it is decentralized and anonymous so we can use it if we want,who care about that fucking politicians.They always want to get benifited for themselves not for the governments so use bitcoin until you want.

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March 11, 2018, 11:38:54 AM
 #59

yes they will as crypto is the future parallel market for sure.
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March 11, 2018, 11:41:00 AM
 #60

even i have dough but i still feel it should be as maximum countries r doing it legal
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