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Author Topic: will all the countries make cryptocurrency legal?  (Read 2538 times)
Rustamm
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April 21, 2018, 06:49:59 AM
 #181

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
In the near future, almost all states will be forced to consider the issue of legalization of the crypto currency, as well as to address other issues related to it, and, above all, issues related to the taxation of this type of activity. At the same time, decisions about the crypto currency will not be the same in all countries. In countries with an aatoritarian form of government, where the rights of the people of power can be ignored, the crypto currency may be banned for circulation until the situation with respect for the rights of citizens there is not resolved. This will be a long and controversial process, but eventually we will come to the fact that the crypto currency will be legalized in all countries.
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cctv-iran
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April 21, 2018, 07:05:31 AM
 #182

it's still banned in Iran!
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Ridwan Fauzi
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April 21, 2018, 02:32:29 PM
 #183

I think it will take very long time for all countries make cryptocurrency legal. But some of them make it legal first and they will be very lucky of advantage of blockchain technology

It should happen soon and yes i am sure many countries' moves are on it. We do hear either one or more news on adaptation of bitcoin and blockchain as well. These are the steps leading towards bitcoin and other crypto currencies success.
If  bitcoin become more popular I think some other countries will adopt it as like any regular currency like dollars and any others currency and change rate will be controlled by their central bank including the taxes.
Popular will only make governments more afraid and will take firm action against users of cryptocurrency. But there is a subtle way to be accepted in various countries, blockchain is one technology that will help the problems of countries such as economy and business. So far the government considers that blockchain is bitcoin, it is a mistake that must be fixed . Because bitcoin is part of blockchain, if the government accepts and adopts blockchain it is likely the government will receive bitcoin as well.
ricebit7
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April 26, 2018, 04:33:16 PM
 #184

Bitcoin will be used in all countries be it legal or illegal.  Now that Bitcoin was introduced and gained many followers and members, nobody including government can  stop or control it.
88jewel
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April 27, 2018, 05:05:45 AM
 #185

yes definitely but it will take time and various challenges before that crypto currencies hit that stage. patience is a virtue
miningguru
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April 27, 2018, 05:41:40 AM
 #186

It completely depends on their government because we don't know exact rules and regulation of those government. Bitcoin is technology based coin so firstly governments start thinking the technology behind it. So now we don't know whether they will do or not but in future they will do.
Tigorss
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April 27, 2018, 11:38:03 AM
 #187

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 bitcoin volatility is increasing, every country gets the benefit of bitcoin transactions, it could happen, and if that happens then bitcoin will dominate the world economy. but it will not happen because now there are many countries that ban bitcoin
ruthbabe
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April 27, 2018, 04:29:52 PM
 #188

I think it will take very long time for all countries make cryptocurrency legal. But some of them make it legal first and they will be very lucky of advantage of blockchain technology

Maybe, yes. However, there were already around 70 countries don't make the usage of bitcoin itself illegal, but legal. To name a few, they are Australia, Belgium, Brazil, Canada, Colombia, Croatia, Czech Republic, Cyprus, Denmark, France, Germany, Hong Kong, Israel, Italy, Japan, Ukraine, New Zealand, Norway, Poland, Singapore, Slovenia, South Korea, Spain, Switzerland, Sweden, Turkey, United Kingdom, United States. Source: https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory


darkedelf
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April 28, 2018, 01:38:07 PM
 #189

Change is a big chance to the country who didn't yet make cryptocurrency legal. We all don't know when one country make it legal but for sure it will be in the future. If this really the future then it will happen. No one can stop it. Don't be afraid just go in the flow with right mindset.
david_019
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May 01, 2018, 04:06:17 PM
 #190

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 because cryptocurrency is the future world money, this is the only thing that can give us a satisfying transaction and will give us more time for any important activities. Also using this new system give us a chance to hide our true identity which is the thing that we don't like to share to anyone else.


For now the refusal is just from people who still don't have enough understanding about cryptos.
btrice7
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May 02, 2018, 10:46:14 PM
 #191

i 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
pareshnakar
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May 03, 2018, 05:38:24 AM
 #192

yes within short of time all the countries are used concurrency and it is legal.

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jembaba1
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May 04, 2018, 12:12:30 PM
 #193

it will become legal and more recognized by the whole countries, anyhow life will not be monotonous and not following the technological development. Crypto is the future that's destined to be deepened till being useful.
qwerty12
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May 04, 2018, 02:27:03 PM
 #194

I think it is difficult, because in reality, each country has a different policy on cryptocurrency regulation. However, however, it is still possible to regulate the use of cryptocurrency like as to regulate other financial instruments.
Levente.Dubsta
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May 04, 2018, 04:50:43 PM
 #195

Some of the countries like Ukraine and North Korea are behind the progress, so they will know about it approximately after 20 years, even if everybody is going to use it.
Leyss
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May 04, 2018, 05:55:50 PM
 #196

In the coming years, all countries will be forced to consider the legality of the circulation of the crypto currency in their territory. In this case, the status of the crypto currency will be determined, as well as the issue of its taxation. Each country will solve this issue in its own way and the results will also be different. However, over time, countries will gradually approach a uniform solution of these issues. Therefore, only in the future, most likely, all countries will legalize the circulation of the crypto currency, this process will be long.
Rupok
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May 05, 2018, 05:13:21 AM
 #197

Cryptocurrency has been legalized in some countries. They have accepted Bitcoin. And cryptocurrency has not been legalized in the continent of Asia. They arranged to punish those who use cryptocurrency.I do not think cryptocurrency will be legal in all countries.

blodelf1
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May 05, 2018, 05:12:10 PM
 #198

 I'm more thinking., that it will become legal and more recognized by the whole countries, anyhow life will not be monotonous and not following the technological development. Crypto is the future that's destined to be deepened till being useful.
hotimbineh
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May 05, 2018, 11:19:26 PM
 #199

we all expect all nations to accept and ligal bitcoin, cryptocurrency and blockhcain but we know there are many countries that are still not ready to accept for some reason
but I believe bitcoin is the future advancement of eco-economic digital that is impossible, not learned by many countries so they do not take into account for the future of the digital economy

KrishaBitcoin
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May 06, 2018, 05:10:03 AM
 #200

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

Joining Bitcoin investments or earn thru Bitcoin investment has nothing to do if their are some countries are against Bitcoin existence except if you are belong to the country that prohibits the Bitcoin use then for sure it is a risk for you if you join the investments.The Bitcoin market was not owned by these few nations who are against Bitcoin but it was owned by all users around the world so therefore the Bitcoin price will not depend of these few countries but it will depend upon the majority of the users and investors around the world who believes in Bitcoin.

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