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Author Topic: Bitcoin will get legitimacy in all countries?  (Read 2862 times)
bucker steemit
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June 07, 2018, 03:43:14 AM
 #301

this is still a conversation in various countries. but some countries have legalized bitcoin.

almaerk08
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June 07, 2018, 03:50:01 AM
 #302

I think it will still take some more time to get legalized. Banks think of it as a big threat which eventually affects bitcoin to get accepted worldwide. I hope someday bitcoin will get legalized in most of the countries because it can change the world's economy.

Yes this is true. The government may legalized bitcoin but not for now. Maybe in the future they will take a lot of time to study and consider legalizing bitcoin. I think if the government of each countries consider legalizing bitcoin, it would be of much help not just to us bitcoiners but to everyone.
Ethan Argu
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June 07, 2018, 04:55:09 AM
 #303

Not at all but many will approve on bitcoin i know its a difficult but many country will realize that it has a good impact of economy if bitcoin will be the use of mode of payment easy to access and avail service and sales. Even you are in work you can buy anything and pay using this bitcoin technology.
 

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Indai24
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June 07, 2018, 04:59:09 AM
 #304

Not at all but many will approve on bitcoin i know its a difficult but many country will realize that it has a good impact of economy if bitcoin will be the use of mode of payment easy to access and avail service and sales. Even you are in work you can buy anything and pay using this bitcoin technology.
 


Let's not think that it's impossible, let's all be hopeful that someday bitcoin will get legitimacy in all countries, I know that this is very possible because now a days many countries already are accepting bitcoin.
Beehives
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June 07, 2018, 05:10:45 AM
 #305

I think it will. France, Japan and other states of US already recognizing BTC.  If powerful countries will legitimatize the BTC or cryptovurrency as a whole there is no reason for the small country to refuse otherwise they will be left behind.

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aryadiningrat123
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June 07, 2018, 05:11:58 AM
 #306

Not a bitcoin that will not be removed in all countries but I'm sure bitcoin will continue to persist in all countries and bitcoin will also be the currency of the country that can be used in our daily lives
kingkongcorp
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June 07, 2018, 05:41:59 AM
 #307

I wonder why bitcoin is too in about in all countries whether bitcoin ever made a case of keriminal or wash people's money so whether bitcoin will not be used again next year
dongyi17
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June 07, 2018, 06:22:01 AM
 #308

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?
Some of other country they used bitcoin as legit currency and used to transaction like payment in their bill, we dont know what happen in the future, hopefully many country accept bitcoin as a legit currency,, Just believe in bitcoin.

Olalomi
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June 07, 2018, 06:30:24 AM
 #309

Not a bitcoin that will not be removed in all countries but I'm sure bitcoin will continue to persist in all countries and bitcoin will also be the currency of the country that can be used in our daily lives

Countries have divergent views  about bitcoin while some countries welcomed the adoption of btc into their economies while others kicked against it because they sees bitcoin as a threat  to their economies due to its decentralization, of course it is not possible for all countries to legitimates bitcoin.
Sevarchik
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June 07, 2018, 06:33:33 AM
 #310

Maybe in the far future. but now all countries has different low's and some of them cant accept btc how legit currency.
I think while early to legitimate btc in all world, price of btc not guaranteed

Big Show
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June 07, 2018, 08:33:51 AM
 #311

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.
Bitfling
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June 07, 2018, 09:10:04 AM
 #312

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 its not true that bitcoin will increasing inflation on country. Bitcoin have different thing on supply with paper money, not like fiat money that always printed, bitcoin only have 21millions supply and no one can control that supply
Rj Manik
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June 07, 2018, 09:18:26 AM
 #313

Every country has some economic rules. If bitcoin wants to get legitimacy in all countries, then Bitcoin will have to follow all the economic rules. We have seen that Bitcoin does not match the economic rules of many countries.The government can not recognize the identities of Bitcoin transactions.It is unlikely that validity is possible.If Bitcoin authorities can reveal the identity of Bitcoin transactions, then Bitcoin may be more likely to get legal
CurrenCyTRR
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June 07, 2018, 09:34:11 AM
 #314

oh, it's unbelievable
Seeker#9
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June 07, 2018, 09:38:56 AM
 #315

Hi guys

Can Crypto get big enough that it would be used to fund political campaigns and totally influence the way we make decisions in broader aspects of government?


That is a big possibilty if a country decided to legalized bitcoin and become one of their legal tender. Once the bitcoin became a widely currency in that country, their politician will also start using it to fund their party or election campaigns. They can also use the bitcoin to influence people, fund rallies and even the lobbyists in congress. And if the government won't impose a regulation on the crypto exchanges that operating in their area, some will use bitcoin illegally like money laundering. That money laundering can also use to fund some politicians and their party organizations.
KID_28
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June 07, 2018, 10:01:01 AM
 #316

It will be legit. It will, but not too soon. New generation government will be enlightened soon and will be willing to accept the technology it offers.
arguelles84
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June 07, 2018, 10:06:49 AM
 #317

The authorities themselves explain such restrictions by the fact that they see in the bitcoin a threat and connect electronic currency with criminal activity. Another reason, which the authorities themselves often do not call, is the desire to create their own crypto currency, which in the future can be called official.
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June 07, 2018, 10:11:32 AM
 #318

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 this will happen as not much country want to deal with anonymous currency which they can't control or have good enough understand about it.
but with just some big countries like Japan, Korea, German, EU this will make huge things for crypto economy.

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June 07, 2018, 10:38:32 AM
 #319

Personally, I have doubts as bitcoin does not have a stable price, it is the decentralized crypto currency of the global digital economy that is not backed by any asset, is not provided with any fiat currency, and does not belong to any state of the world
jayarbillones
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June 07, 2018, 11:03:09 AM
 #320

for me 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,some countries are already adopting the cryptocurrency , but others are still on the observation, but the people are aready joining bitcoin and other cryptos, using it and investing on it even their countries prohibit them from using it.
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