Bitcoin will get legitimacy in all countries?

[Magkirap]

Yes in near future bitcoin will get legitimacy in all the countries. Now days many countries banned bitcoin as they think it is harmful for their public. But though they banned it, people still using it. After some time when the whole world will start cryptocurrency then they will also make bitcoin legal in their countries.

Actually, many people believes that in the near future bitcoin will get legitimacy in all countries. As of now there are some country started to banned bitcoin and some are started to accept and allow it. In addition to that, I hope in the near future bitcoin will legalized in all countries.

[Karie_Legend]

Hello, from my own perspective, bitcoin have absolutely nothing to do with inflation and it was just a pity that people in government only duel on the disadvantages and less concerned about the advantage that bitcoin and the blockchain technology possess

They are only concerned with profits and away from losses in a country that they occupy at this time.

[cetald]

Bitcoin is unlikely to ever be used as a means of payment. It will certainly always be a tool for the accumulation of capital. And if so, sooner or later bitcoin will be legitimate in all countries.

[zarintasnim]

Bitcoin is the tool of future currency and it will lead world economy. Everyday new nation and new fields are including bitcoin. In modern age people are believe blockchain system. And  bitcoin main based blockchain. In future every country will legalized bitcoin.

[@baracitamon]

For me it's just some countries like USA, Russia, Japan, China that approve bitcoin. Bitcoin can help small low-income countries such as the states of southeast asia and africa as well as the bitcoin of payment functions in a decentralized or transparent manner using blockchain technology. The country is only afraid of money laundering as a crime, so some of the country does not dare to approve it.

Almost as if you are misunderstanding, China has historically been banned by the MOF in all its forms, China and India are the two countries that do not accept the most powerful BTC in the world. Some countries still accept BTC as Japan, Korea etc. Some countries are not interested in BTC in Asia such as Vietnam, Lao, ThaiLan ... etc.

[poisonivy77]

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 personal opinion I think bitcoin will never get all the legitimacy, it will never be acknowledge as universal currency because the government and the authority would diaagree. Fiat is centralized unlike bitcoin which cannot be control of.

[khalis]

In my opinion Bitcoin will not create inflation, because bitcoin is not used as a means of buying and selling but bitcoin is used only as an investment asset and does not harm the government, I am sure a few years later many countries will legalize Bitcoin.

[niz3r_nade]

I think Bitcoin will soon get legalized in all countries. Because Bitcoin Bitcoin prices are increasing day by day and its nationwide acceptance and growth is increasing
. The rate at which the price and demand are increasing. Bitcoin reduces the country's economy and reduces the per capita income and unemployment rate of the people of the country. So it can be taken nationwide.

I really agree with you, I also want the legitimate bitcoin in my country. in my country bitcoin still not legitimate, but the government has begun to draft rules on bitcoin. I hope bitcoin is immediately legal in my country.

[marlonbatotoy]

In my country, I think it's a long journey before the people accept bitcoin because most of people including the government dont know what bitcoin is.. They just keep saying and spreading the word to the other people that bitcoin is just a scam.. And I think that kind of perspective is the people that knows nothing.. And it's so many in my country.

[cryptosharon]

No. I suppose the end of this whole transaction is that some countries wont accept it as a legal tender in thier countries but will allow it to run as other means of running the country as a way of globalisation. It will not but it will be accepted for transactions.

[Dswaggers]

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 own opinion...I think there is a big chance that bicoin get a legitimacy in all country because some big country now getting know better about bitcoin and they already started to accept bitcoin In thier respected country.They think bitcoin can give more inflation and a big help especially in their economics status,and sooner bitcoin will known in all country and this is the way bitcoin formaly  will be legalized...

[Nhor1011]

   There is a lot of factors to consider in making legitimate of bitcoin in all countries. There are still countries did not accept bitcoin because of some reasons and bitcoin is a decentralize digital currency. If one country make bitcoin legitimate it will become centralize which is they can put rules and regulations and we need to be tax. So,it is far to a possibility to get legitimacy of bitcoin in all countries.

[noictib]

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 that bitcoin is going to get restricted by any rule in any country because bitcoin is that powerful technology which is more better than our normal banking system technology , so here surely here priority will be more with the bitcoin then with another technology of the system .
And also here we can see that bitcoin have no limit to use , so even a rule can make a government but they can't stop people to use bitcoin in actual , so here lots of chances are that they will just legalise and make few rules to use bitcoin in some limit with high tax .

[ambisyon]

In my views, I think bitcoin will do no harm to any country that concerns to economy and inflation. With bitcoin, it could help the economic status of a certain country where there is high unemployment rate where in people from that country can have the opportunity to make an income through joining in signature bounty campaign. I think that in the near future bitcoin will be somehow be accepted and legalized into some countries considering the benefits that it can provide to the people.

[FlightyPouch]

No. I suppose the end of this whole transaction is that some countries wont accept it as a legal tender in thier countries but will allow it to run as other means of running the country as a way of globalisation. It will not but it will be accepted for transactions.

A lot of countries banned Bitcoin and since then, I don't think that all of the countries will be able to legalize Bitcoin in their countries. I think if some miracle happened, and Bitcoin was developed in the future, I guess it may happen.

Bitcoin is an asset to people these days that is the reason that it will not happen. Bitcoin is volatile and decentralized that makes it a bit of a knockback to the government but still there are countries that embrace the technology since it can bring a lot of efficiencies on transactions especially online. Using a mobile phone just to pay for something is really efficient.

[DoublerHunter]

No. I suppose the end of this whole transaction is that some countries wont accept it as a legal tender in thier countries but will allow it to run as other means of running the country as a way of globalisation. It will not but it will be accepted for transactions.

A lot of countries banned Bitcoin and since then, I don't think that all of the countries will be able to legalize Bitcoin in their countries. I think if some miracle happened, and Bitcoin was developed in the future, I guess it may happen.

Bitcoin is an asset to people these days that is the reason that it will not happen. Bitcoin is volatile and decentralized that makes it a bit of a knockback to the government but still there are countries that embrace the technology since it can bring a lot of efficiencies on transactions especially online. Using a mobile phone just to pay for something is really efficient.

Those are just orders from the government and when they saw the good side of bitcoin and realize the things that they can benefit from it by legalizing bitcoin then they will just lift the ban order from bitcoin and they will start to legalize it so they will also earn or experience the benefits of having bitcoin in their country as a legalized currency.

[tonyja2017]

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?

That may be true. Because Bitcoin is always manipulated and we will not be able to evaluate the actual value of any altcoin.
But in order for the Crypto market to be legal worldwide, it would have to be taxed and controlled by the SEC. This is the best way for the Crypto market to improve and become a safe and clean market. No longer cheated, no longer being hacked.

[kidoseagle0312]

Bitcoin is not just that well made for the system of the government. Maybe sometime in the future the government will have something to accommodate Bitcoin and it will be legitimate for use in all countries.

[TommyJr]

I think Bitcoin will get this but it will take a some years because they have to change their point of view.

[coinholic]

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?

If you will search on this further, you will come to a conclusion that Bitcoin will not get a 100% legitimacy across all nations. Some have accepted it, some even declared it as an asset. But a number of countries also declared Bitcoin as illegal. The idea of Bitcoin being a world currency like the dollar would most probably remain as a dream due to some complications with world governments.