fly99
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June 04, 2018, 07:34:38 AM |
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I think that most countries in the world may not legalize bitcoin. Once the legalization of bitcoin, it will have a great impact on the finances of those countries. At present, human society cannot yet be completely decentralized.
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rosechoco
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June 04, 2018, 07:39:08 AM |
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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.
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sulec70
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June 04, 2018, 07:46:24 AM |
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We need and call for global regulations to support bitcoin grows globally and formally. Under these global regulations, BItcoin will get adoption from all countries and of course by people in those countries. Automatically, bitcoin will get legitimacy from the government of countries in the world. But we still need long time to realize this because some countries today still ban bitcoin. People still need to promote bitcoin and make sure that bitcoin brings more benefits than risks or disadvantages to people.
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hotimbineh
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June 04, 2018, 07:49:39 AM |
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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.
until now many countries are not ready to accept bitcoin because it is difficult to control unlike money making many countries choose neutral but not demanding the possibility in the future bitcoin will be accepted by many countries when many crypto projects run synergies with the world economy
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taeewo
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June 04, 2018, 07:52:09 AM |
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It will only be if the anonymity transactions of it is reduced as some countries fear its citizens might be using it for illegal transactions and promoting whats the government dont like..
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Hopeful2017
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June 04, 2018, 07:52:24 AM |
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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 has no direct effect on one's economy unless all people are already doing bitcoin and investing in it rather than in banks. Bitcoin's acceptance will be just depend on how every government sees and accept its ideas.
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queenlaurel
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June 04, 2018, 12:59:38 PM |
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It's not a sure fact yet that Bitcoin will get legalised in a countries. Bitcoin still has not gained the solid ground in most countries as a currency or more of transaction. It will also take a lot of convincing and work for those countries who have already banned Bitcoin to lift the ban. It's a sure thing we hope for in the future.
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Kotone
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June 04, 2018, 01:03:48 PM |
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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 is actually the vollective dream of the whole of the cryptocurrency users in the world. If bitcoin gets legitimized into one country where it is wifely recognized to be on par with their physical currency then I think that, that would be the turning point, the fulcrum in which things would be able to get up and be better. We only need one country, that one chance and I think it is very possible considering how far we all have gone
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The KGB
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June 04, 2018, 01:12:00 PM |
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In fact, there are a lot of countries banning bitcooin at the moment, and that is one of the main r easons of why there are a lot of people worried about this situation.
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DAVETUN
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June 04, 2018, 01:50:33 PM |
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Yes sure Bitcoin will be approve globally and become a legitimate currency globally if there can be a means through which there can be transparency and government can have access to currency transaction taking place in there country globally.
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Nosequired
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June 04, 2018, 02:02:40 PM |
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Yes, I expect this to happen. I just read another post about some countries paying their employees in bitcoin. If this is already happening it seems like a good indicator that it will spread worldwide.
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semobo
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June 04, 2018, 02:13:21 PM |
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I think that most countries in the world may not legalize bitcoin. Once the legalization of bitcoin, it will have a great impact on the finances of those countries. At present, human society cannot yet be completely decentralized.
They have no other choices if the people adopted to the crypto currency system so they need to regulate the crypto currencies as soon as possible to make more revenues.
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lelahkenabanned
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June 04, 2018, 02:27:25 PM |
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to be able to get bititonin legitimacy takes some time to be used for all countries because for now bitcoin is still a problem in every country so it is still difficult to use in various countries.
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Xxmodded
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June 04, 2018, 02:31:57 PM |
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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 you are too inconsequential. bitcoin is not dangerous specifically for any country that prohibits it. but rather for the prevention of things that are abused by irresponsible people. such as terrorist financing, money laundering, drugs and scams.
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DropBombzENT
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June 04, 2018, 02:37:15 PM |
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There are many countries where bitcoin is banned. This is usually a country of southeastern Asia
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Roomshambles
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June 04, 2018, 02:41:19 PM |
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If bitcoin enters into a state without regulation by government, it is likely to inflate in that country. But if bitcoin wants to get legitimacy from a country, then bitcoin should be ready to adjust to the rules and economic conditions in that country.
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Arrazi1507
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June 04, 2018, 02:55:08 PM |
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yes, bitcoin will gain legitimacy in all countries. Although the state forbids the use of bitcoins, many people still use bitcoins.
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Holapola
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June 04, 2018, 03:04:39 PM |
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I think that this is relevant for technological and rich countries. Currency and technology is an expensive entertainment. Not all countries can afford it.
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hammo
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June 04, 2018, 03:05:46 PM |
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i think near future will not probably. but when governments seen and understand what bitcoin is, it is possible.
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digroske
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June 04, 2018, 03:05:54 PM |
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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 the legitimacy of bitcoin will come sooner or later. But the governments of many countries will resist this process, since bitcoin is not under their control. And this is an endless struggle for power and influence. Indeed, many states are not very friendly with regard to bitcoins and generally crypto currency, because they are uncontrolled and allow almost uncontrolled withdrawal of currency from the country. Therefore, the crypto currency for the state is not evaluated ambiguously.
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