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Author Topic: Bitcoin will get legitimacy in all countries?  (Read 2862 times)
Piggymonster
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June 20, 2018, 09:18:37 AM
 #601

Just give it more time because some countries are still studying the effects of bitcoin to their economy. Soon, in the near future bitcoin will be legitimized in all country across the world.
kangen riko
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June 20, 2018, 09:24:40 AM
 #602

I think, legalized or not, bitcoin will still be used by many people. Moreover, the illegal bitcoin also does not benefit the bitcoin. Although people can not use their bitcoin in the real world at least they can still spend bitcoin in cyberspace.
justin0062
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June 20, 2018, 09:26:27 AM
 #603

Whether Bitcoin gets legitimacy in all countries is a lit bit hard for anyone to tell but Bitcoin blockchain technology has already achieved what Satoshi had envisioned.Furthermore, If they legalized bitcoin there is a chance that the price will increase day by day and I think it may result to a high income. If all countries start legalize bitcoin I think it is a big achievement in bitcoin community.
Trandlserai
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June 20, 2018, 09:26:42 AM
 #604

which I know for now there is no country that legitimizes freely doing activities, some even try to legitimize but then prohibit buying and selling with bitcoin, but we hope in the future will be able to perform activities freely
Legwist
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June 20, 2018, 09:28:20 AM
 #605

It will be hard for bitcoin to be legalized in all countries, because Bitcoin is hard to control so I think many countries are still not open for it to be legitimate. Therefore, we need to have patience and not expect rapid results in this regard.
prediction on bush
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June 20, 2018, 09:45:18 AM
 #606

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 in the future bitcoin will get the legitimacy in all countries and the country who banned bitcoin they will accept it in the future. And i think itwill take time and a lot of process for bitcoin to become or to achieve legitimacy in all country.
bp124
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June 20, 2018, 09:51:08 AM
 #607

Bitcoin getting the approval and legalization to be used as an accepted mode of making transactions in all countries is a far fetched idea even though that is what the entire crypto community anticipates to happen. But the thing with the legalization of bitcoin in all countries depends on the country's view about the blockchian technology and bitcoin in general. Some countries are embracing whiles others are kicking against it. Whatever happens we hope that the few countries that accept it prosper with it.

Magiklair
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June 20, 2018, 09:52:21 AM
 #608

In recent years, Bitcoin's influence has led to changes in various industries. People started to accept Bitcoin as payment, these are mainly companies that work on the Internet. I think this means that soon it will get legitimacy
peterpeterpeter
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June 20, 2018, 10:42:08 AM
 #609

Wow ..if it is happen.. it is very and I am glad to read this post .
Because like you and majority to this industry will also hoping that it will become legally in all countries..
ribowo76
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June 20, 2018, 10:56:33 AM
 #610

Whatever the condition, I believe. Either sooner or later, bitcoin will be accepted in all countries. And I hope that time will come soon
sheyicrypto
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June 20, 2018, 11:27:13 AM
 #611

yes, it is possible. if the countries has seen the positive effect on other countries that are involved in bitcoin they will be forced to be involved and allow it to flow in such countries
pjr77
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June 20, 2018, 11:50:29 AM
 #612

there are countries that have completely banned bitcoin and all the crypto currency in general. it seems to me that if the governments of the G-8 countries formally adopt the mandatory crypto currency, then the governments of those countries where it is banned will have to obey.
sicnarfwb
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June 20, 2018, 12:21:20 PM
 #613

Well, if talking about legitimacy means to make it legal in their country state. In some instances some country have not yet recognized the inflation of BITCOIN BTC in their economy due to lack of seminars and trainings on how they control the flow chart of BITCOIN BTC thru their market value. But someday, we cant deny that BITCOIN BTC can be legalized in many countries by proper introducing the benefits in the cryptocurrency market competition.
hardtargetbtc002018
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June 20, 2018, 12:24:32 PM
 #614

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 some countries I'm really sure that bitcoin will be legally traded and can be use as payment but for other countries i don't think so because they are really hate bitcoin and they believe its very risky to invest on it.
Traslavin
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June 20, 2018, 12:45:45 PM
 #615

Governments oppose Bitcoin, which is undeniable. Because bitcoin has many potential threats to their economy in many ways, Bitcoin is not legal. What you are aiming for is probably true, but it will probably be in a fairly good time.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 cryptocurrencies are still going through a hard process to become legitimate in many countries. And until now cryptocurrencies was still on due process to  be accepted by the society so it would be hard for the crypto to make it's more reliable source of income since the legitimacy was a huge issue to this.

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kupido14
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June 20, 2018, 11:07:16 PM
 #616

We are all hoping for this to happen but the fact is, it is not that easy to get legitimacy in all countries. There are some contries that already banned the use of bitcoin but we are hoping taht it will be lifted and get the possibility to get a legitimacy in all countries.

doublecoins
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June 20, 2018, 11:49:10 PM
 #617

most of the country is considering to regulate bitcoin and accept bitcoin as asset same as a commodity and they want to use blockchain in the mainstream
bebebs12
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June 20, 2018, 11:51:38 PM
 #618

well i think is not so distant future bitcoin will get authenticity in every one of the nations. Presently days numerous nations prohibited bitcoin as they think it is unsafe for their open. Be that as it may, however they prohibited it, individuals as yet utilizing it. After some time when the entire world will begin cryptographic money then they will likewise make bitcoin lawful in their nations and gradually countries are accepting Bitcoins. It is going to be legalized in all countries in the near future very soon. It is bringing growth and economic stability to all the countries that have adopted it
dexentrali
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June 21, 2018, 12:27:48 AM
 #619

The nature of Bitcoin makes it difficult to regulate and control the transactions that is being made. Bitcoin doesn't have anything backing it and the country cannot take any responsibility for the volatility of the coin.
monacous
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June 21, 2018, 12:31:57 AM
 #620

Governments oppose Bitcoin, which is undeniable. Because bitcoin has many potential threats to their economy in many ways, Bitcoin is not legal. What you are aiming for is probably true, but it will probably be in a fairly good time.
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