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Author Topic: Bitcoin will get legitimacy in all countries?  (Read 2827 times)
Patpro
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July 01, 2018, 02:50:08 AM
 #781

I don't really see the harm bitcoin will cause to a country's economy. In my opinion, through btc, people can gain enough money, invest and use the money mainly within the country and hence benefiting the country in this regard. I believe it is only a matter of time for all to come to understand this.

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jemarie20
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July 01, 2018, 03:12:50 AM
 #782

I was thinking that someday bitcoin is the only one  money in the world will exist and  in all country  bitcoin will  legalize as money and the world will be no cash money and the world will use crypto currency to buy something.

Note: Based on my own perception.

Pr3ko
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July 01, 2018, 04:22:26 AM
 #783

Bitcoin will surely gain the acceptance of most countries with time. Last i heard South Korea has lifted some bans about cryptocurrencies and also Kenya has installed some cryptocurrencies ATM. It is a long short but we know we are going to get there sooner or later.
senin
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July 01, 2018, 04:30:25 AM
 #784

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?
In my opinion, bitcoin has nothing to do with the emergence of inflation in any state. States do not legalize bitcoin for other reasons. The Chinese government, for example, last September said that the crypto currency is a danger to the economy of the country, since it allows uncontrolled withdrawal of money from the country, others say that bitcoin is too risky a form of investment and is beyond control and supervision. Also refer to its greater volatility. It is because of these reasons that the legalization of bitcoin and other decentralized crypto currency is very slow.
esteam0115
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July 01, 2018, 04:34:33 AM
 #785

If Bitcoin demonstrates realism and stability, it is possible
Genosx
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July 01, 2018, 08:31:57 AM
 #786

If that will be happened, it will be great that the countries itself will be able to deald and trasact with the bitcoins in future goals and success that it will reached in many years.
Kisska2710
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July 01, 2018, 08:49:57 AM
 #787


In my country, btc is not state-backed, but not banned. Meaning: "What do you want to do, litigation I do not solve"
Stormspirit
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July 01, 2018, 09:09:05 AM
 #788

Bitcoin is hard to control so I think many countries are still not open to being legitimate. These countries have a centralized economy and they are used to control or monitor their currencies to control inflation and other monetary problems. It seems to be difficult to realize bitcoin to be legitimate in all countries because there are so many pros and cons to bitcoin. Each country has different thoughts and perspectives on bitcoin. We can not be that easy to force everything to have a common perspective.
fishball
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July 01, 2018, 09:22:43 AM
 #789

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?

I think time will come that bitcoin will be recognized someday all throughout the world and it will be legalized.
esteam026
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July 01, 2018, 09:26:25 AM
 #790

This is quite difficult to say. Because many people do not believe in Bitcoin and the government does not want Bitcoin to penetrate too much into life
chalbinov
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July 01, 2018, 11:42:07 AM
 #791

It is highly unlikely that Bitcoin will be received with open arms and all countries internationally.  I think that most missed the point entirely that people who are into cryptocurrency and understand its nature are not necessarily waiting or depending on that to happen to be able to call it a failure or success.  the very nature of crypto is to be left unregulated and somewhat in the shadows.  there are quite a few holes in entirely trusting and betting too much on bitcoin itself,  as many  unanswerable questions exist as far as the whales and their intentions.

btcdimcash
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July 01, 2018, 12:15:04 PM
 #792

Bitcoin is hard to control so I think many countries are still not open for it to be legitimate. These countries have centralized economies and they are used to control or monitor their currency to rein inflation and other  monetary matters, yeah, bitcoin it's very hard control!
Acsirp
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July 01, 2018, 12:27:03 PM
 #793

That is the greatest leap of bitcoin in its entire technology ,that it will get legitimacy on all countries, if this happen then it is good for the people and bicoin, who are for a very long time wants that the bitcoin will be legal in every country.
Fakhri1907
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July 01, 2018, 12:28:05 PM
 #794

I think it will be hard for bitcoin to be legal in all countries. because the government still can't believe to bitcoin
Bugsbey
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July 01, 2018, 12:29:43 PM
 #795

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?
In my opinion, those countries saying that bitcoin is harmful to their economy do not really know what is bitcoin and its benefits. If they will find time to explore and understand bitcoin then I know they will accept it.
dadanpradana
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July 01, 2018, 12:31:09 PM
 #796

Maybe some countries now have legalized Bitcoin for the eyes of the work or in the commodity trade. Because Bitcoin indirectly can make money for some people.

And also when a country has an Exchange, the tax from the Exchange can provide input to the government for the welfare of its people.
kuntet99
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July 01, 2018, 01:28:20 PM
 #797

I think for now bitcoin is very difficult to get legitimacy, because the government has not received either with the existence of bitcoin in each country
DewiKirana
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July 01, 2018, 01:57:29 PM
 #798

Bitcoin can not lead to inflation for the country that legalizes it. As an example we see Japan that has legalized bitcoin, does Japan currently experience inflation?
Clearly bitcoin can not get legitimated in all countries, because every country has its own policy against bitcoin.
Bitcoinnumberone
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July 01, 2018, 02:09:32 PM
 #799

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?
I think that not all countries will get legitimacy. Some countries is not fit to bitcoin or they know but their prioritize other things not unto bitcoin and there's a bad experience in many countries have a negative issue about BTC because of many fake news. We will know that Japan legalized bitcoin how is Japan right now so high technology, He use it bitcoin wisely and earned money because of bitcoin.
moonami
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July 01, 2018, 02:12:49 PM
 #800

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?




I think bitcoin won't get legitimacy in all countries specially for the countries who's not open on this kind of cryptocurrency. Or maybe it will take a very long time like maybe 10-20 years for bitcoin to be legal on the whole world.
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