Bitcoin will get legitimacy in all countries?

[timerland]

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?

How does bitcoin create inflation within any country?

That proposition is just absurd in my opinion. Even if bitcoin's value skyrockets, it wouldn't result in fiat inflation. Fiat inflation occurs usually as a result of the actions of a central bank, like lowering the interest rates, or in the long run, just printing more currency. It has nothing to do with bitcoin whatsoever.

I think that there are a lot of countries whose governments are actively anti bitcoin, and other governments that are pro-bitcoin. I honestly think that bitcoin is gaining legitimacy, and in the future we'll see more countries if not all regulate the bitcoin markets instead of banning it altogether.

[Shenzou]

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 think it depends, maybe some countries will and some others will ban it and others will stay neutral, for countries where they have the resources and the technology to monitor transactions to keep the money that is coming in and coming out clean and not getting to the wrong hand they will accept it and for the same reason others might ban it, and the smaller countries where they can't do that they will just stay neutral.

[bettercrypto]

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?

Inflation does not the main reason why some countries banned and regulated the bitcoin. They don't want bitcoin to exist because they know that bitcoin brings harm to their citizen as well as the economy due to the fact that the bubble thing and volatility may occur in bitcoin.

When it comes in legalization, I think more years to go, humanity will realize how bitcoin really contributes to the society. As of now, it is unclear yet because a lot of threats are being formed by bitcoin scam in our society.

[Nilda]

Not all countries. Bitcoin will be regulated initially from the First World, then developing nations would follow suit. Countries at war or with internal conflicts would probably be too busy to worry about bitcoin.

[Jcabudx]

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?

Bitcoin isn't harmful otherwise it is a very useful tool to make one individual have money and make their life lift up from being poor. I know that many country is in poor state that is really in need of money. And I hope that government will know the  good benefit of it.

[Cofee.BLUE]

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, in any country there are different governments which has a different definition and interpretation about Bitcoin system. There are responsible in doing or making decisions for their country. But in the other side, those country that believes that bitcoin  was created inflation to their country, well I think that they never know what exactly Bitcoin system can gives to their country to make it much better and they never know what is the true essense of it. However, I believe that someday they will realize that they are wrong and there comes the time that they truly adapt and leagalizing bitcoin in their country.

[BlackPanda]

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?

Looking at the facts that happen then Bitcoin price changes can quickly create inflation and chaos in a country. This is because the price of bitcoin may decrease and increase dramatically. This is exactly what the government wants to avoid, they want to maintain economic stability in the country. But what I think now is that the state should be able to support by making a rule, because with the existence of regulations that apply the Bitcoin market situation can be much more stable, indeed if applied it must be done by many countries because if only part of the country then I do not sure it can go smoothly.

[Sihab76]

In future digital currency become worth full and paper money would be worthless cause world becoming more digitalised and people are addicted by virtual currency. So very possibility to become legitimate bitcoin.

[RuslanSamui]

Hello everyone, I think it's unlikely to happen. There will always be people who are afraid of innovations. They will be afraid of control on their citizens!

[Dorcolac]

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?

Hey, can you explain in just a few words what do you mean by harmful?
I get it that crpypto is not taxable, but is there anything more that you wanted to say?
Thank you.

[whoisyourking]

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?

Many countries are treating bitcoin as negative treat for their economy. They are thinking that Bitcoin is will do nothing with their cointry. So bitcoin is not welcome to their country.

[ov3rflow9x]

It is deffinately what we are dreaming about, but sadly, we wont see this soon, because there is a countries that banned it already!

[abhi777]

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?

bitcoin is accessible to anyone and anywhere bad results of all investments bitcoin it all depends on the intentions and purposes of users, if every investor has a good tujauan of course the results of it all will get something good too

[ondabeat]

Bitcoin has been developed with good intentions and anything developed with good intentions requires tremendous support to be accepted globally. Banks and governments are still unsure of the rules and they are already afraid - security, the dominance of external forces. It will take little convincing to make Bitcoin a legitimate means of payment.

[Crypto Mark]

Although not currently considered a legitimate currency in any country and not guaranteed by any institution, Bitcoin still attracts many people, even in Indonesia.

[CoinstarF]

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?

For thier country and as per laws it is not suitable as the government wants the control of whatever they allow and on btc or other thing they might not have such control due to which they do not prefer. In such scenario they can ban use of such coins if they feel it can be harmful to them.

Not all countries maybe some other countries makes them legitimate they conduct opinions from thier country men for them to enhance properly and be matured by doing so good.

[ballerin and giroud]

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?

There is no clear reason for a country to argue that bitcoin can cause inflation. And I am also not convinced that the government is of such opinion, because the FUD will always be in cryptocurrency. I have looking for how this problem can be happened, but what I get is that bitcoin does not cause inflation for a country, even more bitcoin can help every country to avoid inflation, every society can use bitcoin as an investment place, as we know how to avoid inflation is by investment.

[boblets243]

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 don’t think Bitcoin will cause inflation to a certain country. Currently, when we want to spend our Bitcoins, we first convert it to our local money. So, we still use our local money to trade for goods and services. And since we have an extra money, our purchasing power increased. The increase of purchasing power will not result to inflation either. My country acknowlege the presence of bitcoin and the government is still working on regulating Bitcoin. This is I think a win-win situation.

[seamukred]

I think that in 5-6 years bitcoin will be legalized in most developed countries. The process of legalizing bitcoin has already begun and it will continue. Those countries that do not allow bitcoin risk falling behind in economic development. Japan has long legalized bitcoin. This is an advanced country, and we must take an example from it.

[Sandus_Cryptolover]

Most of those countries only fear lossing Monopoly of the economy by the so called government. As the technology improves and more useful projects coming on board, countries will have no.choice than to key into Cryptocurrency as a whole.

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?