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Author Topic: Bitcoin will get legitimacy in all countries?  (Read 2630 times)
Gummybear67
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June 10, 2018, 09:40:59 AM
 #401

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?
Yes it will never get "ALL" the legitimacy but for sure Bitcoin can still get legitimacy and maybe in the future Bitcoin will get legalized  in all countries because nowadays, bitcoin price are increasing day by day and its nationwide acceptance are growing.
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mitakatu
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June 10, 2018, 09:42:12 AM
 #402


I agree with the BTC or other codes that may affect the economy of a country but I do not believe it will be inflation.
I think if the governments of each country consider legalizing bitcoin, it will help not only us bitcoin but also for everyone.
upinros
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June 10, 2018, 09:56:55 AM
 #403

Yes nothing can stop Bitcoin, here to stay and digital currency is the future. The faster the governments around the world realize that the better for them. The current confidence of Bitcoin will increase. Slowly all the countries that had not previously received Bitcoin, they might soon receive Bitcoin and give legitimacy.
sadsNDJ
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June 10, 2018, 09:59:38 AM
 #404

It depends if that country would allow it. Maybe if lot's of people will push it there might be a probability that it will. You know that some other government in other country are too meticulous.

handsomes
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June 10, 2018, 10:00:04 AM
 #405

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 country bitcoin will get legitimacy because the other country not legally because of the government i think in the future im sure all country will make and legalise the bitcoin.
rhenz01
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June 10, 2018, 10:14:17 AM
 #406

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?

It's really impossible for bitcoin to be legalize in all countries because today there are many countries did support the used of bitcoin in their country, In fact they are expressing in the media their position and banning of bitcoin in their country.
RomertL
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June 10, 2018, 10:24:14 AM
 #407

I do not think that bitcoin will legitimate in all countries. Now a lot of governments prohibit cryptocurrency. And they even do not want to try to regulate it.


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sarul
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June 10, 2018, 10:33:38 AM
 #408

I do not think that bitcoin will legitimate in all countries. Now a lot of governments prohibit cryptocurrency. And they even do not want to try to regulate it.
Yeah I see that, because the impact on their currency is very large, could destroy the price of the currency itself. It can make banks going bankrupt, Better like this, still not banned but not legal.
1goldhunter001980
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June 10, 2018, 10:42:26 AM
 #409

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 not, for some countries maybe yes  but for all countries its very hard considering that every country have different rules and regulation to follow and their of accepting cryptocurrency depends on the status of their economy.
rudito
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June 10, 2018, 10:56:00 AM
 #410

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 believe in the future all countries will be able to accept bitcoin, sooner or later crypto currency will be adopted by many countries, because crypto is the technology of the future and in the future crypto currency will become the global currency.
rawr1620
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June 10, 2018, 10:59:23 AM
 #411

There wont be inflation if it is legalized and will be accepted to be part of their market. Bitcoin will run in their system as anyother currency in which in wont cause inflation.
iamlds08
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June 10, 2018, 11:33:18 AM
 #412

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?

no. we cannot please everybody. it is not that easy. even the ICO's are prohibited in other countries it is because of the negative implication on bitcoin done by the scammers. global legitimacy is not attainable.
mudasarali43
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June 10, 2018, 12:10:22 PM
 #413

Yes of course, The demand is increasing day by day and will get legitimacy in all countries because bitcoin itself prove many things it is best to store it is good to demand and best to use in all around the world you can get everything by using bitcoin technology and these things are increasing in countries day by day,
hibiscus
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June 10, 2018, 12:34:49 PM
 #414

Bitcoin is a major crypto currency which can be operated world wide electronically only. Even though it is a new form of economy which is found suitable to the modern era but it is not legitimate to all counties government such as Russia, China and India etc.It will take time to get approval from the respective  governments .Bitcoins usefulness and its credibility is getting popularized world wide By en counting the features and the suitability of the bitcoin ,possibly it will get the legitimacy from all governments.
Stephen Gornick
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June 10, 2018, 12:38:37 PM
 #415

World wide regulation would bring bitcoin legitimacy and enable it to get deeper into economy and business which would contribute to further growth and expansion.
But I'm not sure that this project of global regulation will be successful because it's hard to expect that all countries would get alligned regarding question of ful regulation.

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puguh212
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June 10, 2018, 12:41:42 PM
 #416

i think not yet, if legitimacy given to bitcoin, whether the government will be responsible for all the problems of bitcoin? I think legitimacy is not bitcoin itself,  but it will have an effect on the real money circulation in that country. as we know, bitcoin prices are very fluctuating, and this is a big problem for every country.
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June 10, 2018, 12:44:03 PM
 #417

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?
It is possible because many people using bitcoin as a main currency. Bitcoin become popular instantly because of high value
rangko
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June 10, 2018, 12:48:47 PM
 #418

In Korea, We are mostly discussing about Crypto currency, Blockchain technology.
There are many companies that want to do ICO, however it is banned in Korea.
So Many organization and companies ask to government, Please make guideline by law.
We(Korea) think, It is great chance to be leader in this industry.
Opinion leaders talk we have to enhance Blockchain Technologies and there are use cases by banks and insurance etc.

tamarindbleu
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June 10, 2018, 12:54:45 PM
 #419

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?
.     With green cannot be legitimate in the whole world because there are governments or countries that bends or believes that bitcoin is harmful in anyway they think because maybe do you think this is a scam or what but the thing that it is not good for anyone
Markmolotok1488
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June 10, 2018, 12:56:13 PM
 #420

World wide regulation would bring bitcoin legitimacy and enable it to get deeper into economy and business which would contribute to further growth and expansion.
But I'm not sure that this project of global regulation will be successful because it's hard to expect that all countries would get alligned regarding question of ful regulation.

I agree with you. I think that the laws adopted will be different in different countries, this can also affect the future fate of bitcoin. I think that it is better for countries to agree on a single concept of law.
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