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Author Topic: Bitcoin will get legitimacy in all countries?  (Read 2823 times)
suse100
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June 21, 2018, 02:47:04 PM
 #641

Bitcoin will get legitimacy only if it will not interfere with goverment.

Once the government will feel any threat to itself, bitcoin will also be banned, regardless it will be legalized before or not
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GeorgiyBilyk
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June 21, 2018, 03:03:04 PM
 #642

Crypto market exists only 8 years! and we are at the very beginning of development and the way of development of the crypto market! I am sure that the bitcoin and the entire crypto market will have an official status in every country! Those people and countries that spoke ill of bitcoin, have now changed their minds about bitcoin! Soros now began investing in bitcoin, and last year he spoke very badly of bitcoin! on need 10 years, and we will see very strong global changes! the entire system has already given a strong impetus to the development of the entire world economy!

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Gotumoot
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June 21, 2018, 03:08:20 PM
 #643

Bitcoin will get legitimacy only if it will not interfere with goverment.

Once the government will feel any threat to itself, bitcoin will also be banned, regardless it will be legalized before or not
The government is the ones that interfere with the bitcoin. Bitcoin is the most trusted and popular among all coins. And because of that government scared of its popularity and they think that bitcoin might be their great competitor in the near future, and another reason is they cant control it so that they want to destroyed it. Bitcoin is impossible to be legalized in all countries, because of it is decentralized. If you want to make bitcoin legalize, you need to make it centralized. But that thing is also impossible to happen.
baho11
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June 21, 2018, 03:10:06 PM
 #644

This is all what we want to legalized bitcoin in whole world.and the government accept bitcoin to help people. we only few country accept bitcoin and other country like in myvcountry not yet accept and legalized bitcoin. Because lot of scam also that connecting the name of bitcoin thats why they warm us here not to invest in bitcoin without knowledge about it.negative news affect the name of bitcoin in one country.
blohinav
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June 21, 2018, 03:17:35 PM
 #645

No, it will not become legal all over the world. Some countries have already mentioned that they are completely against bitcoins and have make it illegal.
binghope
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June 21, 2018, 03:20:24 PM
 #646

It is great if national governments accept bitcoins as well as they allow bitcoin to operate and circulate as national currencies, you can trade it anywhere anytime it is legalized.
Bagaji
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June 21, 2018, 03:37:20 PM
 #647

Many countries think that Bitcoin is harmful for their country. They think that Bitcoin will create inflation in their country. But is that right? Will Bitcoin never get all the legitimacy?
No doubt bitcoin can lead to inflation in a country particularly when it is overvalued and much of them are in the hand of the populace of a country, but its advantage is far higher than ist disadvantage
Liz D
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June 21, 2018, 03:47:51 PM
 #648

If Bitcoin is approved in a country, definitely there would be inflation in the economy but that would only be in the start. If BTC is reasoned as an asset it would later get to a price where the volatility would be low then there would be no more inflation. But at start it is unavoidable.
Faeton
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June 21, 2018, 03:57:34 PM
 #649

Many countries think that Bitcoin is harmful for their country. They think that Bitcoin will create inflation in their country. But is that right? Will Bitcoin never get all the legitimacy?
Well, I have not heard yet that states were afraid to legalize bitcoin, because it creates inflation. In my opinion, bitcoin has no value to inflation. States are afraid of bitcoin because of its high volatility and uncontrollability. These are the main reasons why the state so badly legalizes bitcoin. Therefore, it is difficult to say how long it will take to complete this process and whether all countries will legalize it. This is an internal matter of each state and no one has the right to interfere with them.

Blackwhite69
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June 21, 2018, 04:00:16 PM
 #650

Many countries think that Bitcoin is harmful for their country. They think that Bitcoin will create inflation in their country. But is that right? Will Bitcoin never get all the legitimacy?
No doubt bitcoin can lead to inflation in a country particularly when it is overvalued and much of them are in the hand of the populace of a country, but its advantage is far higher than ist disadvantage

If the price goes back up it will make a big profit for Bitcoin builders with a lot but different if the price is going down.
bankarpit
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June 21, 2018, 04:03:35 PM
 #651

I dont understand why our government is still not aure about crypto. Our banks are banning a transactions related to crypto. It really need to be looked by government.
ListenMiss
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June 21, 2018, 04:31:07 PM
 #652

One thing for sure in the coming years all countries open their hands on bitcoin, as of now they don't see the importance of bitcoin in the lives of their citizens
callmeback
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June 21, 2018, 04:38:13 PM
 #653

It is difficult to say how long it will take to complete this process and whether all countries will legalize it. This is an internal matter of each state and no one has the right to interfere with them. Many countries banned bitcoin and there is some countries accept bitcoin. Some government see bitcoin as negative and some government see bitcoin as positive. Government who think or say that bitcoin is negative thing, because they think that if they accept bitcoin sooner or later their plan or system will not be supported by the people.  I have not heard yet that states were afraid to legalize bitcoin, because it creates inflation. In my opinion, bitcoin has no value to inflation.
thegreatdodoy
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June 21, 2018, 05:09:20 PM
 #654

Many countries think that Bitcoin is harmful for their country. They think that Bitcoin will create inflation in their country. But is that right? Will Bitcoin never get all the legitimacy?

No, Bitcoin legitimacy is limited only to some countries because some other countries did not accept bitcoin but instead they implement  total banned the use of bitcoin in their countries because they think tha bitcoin is very risky investment and they don't want to harm their people.
ici_lemmy
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June 22, 2018, 11:43:42 AM
 #655

it is not right. Bitcoin is limited and there are only 21 million BTCs. And so, Bitcoin cant create inflation likes fiat money which the Governments can print unlimited. The truth is that the goverments ban Bitcoin because they are scared Bitcoin can replace fiat money and banking system. Besides, they also cant control BTC. However, I believe that they will must accept BTC and altcoins soon.
Fbi_babs
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June 22, 2018, 11:47:38 AM
 #656

maybe so, because bitcoin has not been approved by the government, therefore there must be an awkwardness.
Well the earlier the government realize Bitcoin is here and here to stay the better. Cryptocurrency is the future
popovlogi
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June 22, 2018, 11:49:28 AM
 #657

There are very less chances of this happening all over the world. Some countries had already banned it and there is no question of making it legal.
lzby2000
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June 22, 2018, 12:55:39 PM
 #658

From the current trend, bitcoin may get some Fiat payment function, but it is not strong enough to replace Fiat. It is because of the fear that bitcoin is destroying Fiat, so the government does not want bitcoin to be strong, and I think bitcoin is hard to get legal status in all countries.

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jiandong
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June 22, 2018, 01:01:58 PM
 #659


It seems very difficult to realize. It needs extra hard work for it. It also needs support from all parties. But there is one thing to remember. That it is difficult not mean can not. And everything in this world nothing is impossible. bitcoin can definitely be received in many countries in the world.
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June 22, 2018, 01:12:28 PM
 #660


It seems very difficult to realize. It needs extra hard work for it. It also needs support from all parties. But there is one thing to remember. That it is difficult not mean can not. And everything in this world nothing is impossible. bitcoin can definitely be received in many countries in the world.
I think that the only country that legalize bitcoin is japan. Japan is a rich country, and as we can see, its economy is improving year by year, and now that they accepted bitcoin as a payment on their country, i think that they will be the richest country in the future. It was only in japan, i dont think that other countries will follow japans move, because other countries government only sees bitcoin bad side.

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