Bitcoin will get legitimacy in all countries?

[alihassan99]

governments have to take some steps to make it legal in a country.. otherwise they cant even stop it ....

[TobyToby6000]

I think bitcoin legitimacy depends on it's demand ,popularity,raising rate and the way of using it.These countries have centralized economies and they are used to control or monitor their currency to rein inflation and other  monetary matters.

[angeltee]

Bitcoin will definitely not be legitimate in all the countries not because bitcoin is not a good currency but because it is decentralised and cannot be taxed.

[inv_ker]

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 bitcoin will be recognized worldwide I think that would be the best thing that would happen to bitcoin. It feels like it is gonna be a world domination not to rule but to help people especially thise who are in needs.

[Getmon]

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?

The answer is right there in your subject. Bitcoin will get the legitimacy in all countries. It may take a while but it will surely happen. Look at those countries that started to be inimical to the idea and principles of Bitcoin and crypto. They are slowly getting into and accepting it. Sooner or later, the whole world will be adopting the use of Bitcoin. We can see developments. Bitcoin ATMs, for example, are now reaching the farthest countries.

[Brrobbins]

The base of bitcoin-investors has changed, it has evolved and incorporated new layers of society. It is possible that very soon all the countries will join

[tebzzz]

The base of bitcoin-investors has changed, it has evolved and incorporated new layers of society. It is possible that very soon all the countries will join

that is what is expected, because this is a technology that continues to grow certainly all countries will follow this development, but for now it is not yet done. does not rule out the possibility of the next few years all countries have legalized bitcoin in the country.

[nory51]

I don't think bitcoin will get legitimacy in all of the countries. Some countries will always have reservations of Bitcoin. It will take a miracle to convince those countries of Bitcoin.

[m.mendoza]

possible, because the current beliefs bitcoin will increase.
slowly all countries that previously did not accept bitcoin, they may soon be admitting bitcoin and give legitimacy. 

These countries have centralized economies and they are used to control or monitor their currency to rein inflation and other  monetary matters. Most countries are still analyzing ways to properly regulate the the cryptocurrency. Overall, bitcoin remains in a grey area as the technological leap has left lawmakers far behind.

[Trangngu]

In some countries it is welcome and regarded as a method of payment. For example in the US but it is also banned in Korea

[BennyK]

I believe in this prediction that Bitcoin will eventually gain the acceptance of all countries or will spearhead a coin which will gain such acceptance. It will take quite a good number of years to achieve this as countries will eventually get to understand the significance of Bitcoin and Blockchain technology. Anyway, at that time when Bitcoin will receive a global acceptance, the value will be incredibly huge due to its limited supply.

[Dmitry.Vastov]

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 this is the only question that every bitcoiner could ask now a days because bitcoin has been going into controversy because of it’s legalisation only that whether to legalise it or not because of several illegal uses of bitcoin but countries need to understand the real fate of bitcoin that after its legalisation all these issues will be sorted and then no future illegal use of bitcoin will remain, though bitcoin has a lot of worth in it but still its legitimacy across the whole world is still a question.

[zxcv cool]

This is impossible. It is known that countries such as China and the Philippines do not support the BTC. They believe that the BTC is a fraud and will swindle investors out of their money.

[Eric Medeiross]

Some countries have accepted Bitcoin. They have come up with real laws to regulate Bitcoin trading. The first country to fully accept Bitcoin is Japan. Starting from April 1, Bitcoin is considered a legal payment method in Japan. Moreover, some organizations recognize it as currency. The laws governing banking transactions have not changed, but they are also being considered to make Bitcoin even usable in everyday life. However, not all countries accept the suitability of bitcoin.

[BETAWI]

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 it is unlikely that bitcoin would be acceptable to all countries. if acceptable, would require a long process. can not be controlled because the bitcoin is decentralized.

[Jamjamz30]

I think someday bitcoin can get legitimate. Its just right now countries are not ready for bitcoin and the system are just a hassle for them to handle. Unless there's some easy way for the government to handle bitcoin, bitcoin can become legitimate. Also add to the factor that bitcoin is quite unpredictable and volatile and the government can't just jump into high risks.

[Rebecca Bragaa]

Some countries completely forbid Bitcoin.
They claim it is very close to a currency. One noteworthy example is Iceland, which has the largest Bitcoin digging industry in the world, but people are not allowed to buy Bitcoin.

[Merjay18]

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 it is unlikely that bitcoin would be acceptable to all countries. if acceptable, would require a long process. can not be controlled because the bitcoin is decentralized.

Yes, there are still countries that bitcis not legal and some even banned bitcoins. If this will be implemented the process was too long and it needs many deliberation and meetings because each countries have different standing about bitcoin.

[sri.bima]

Possibly yes, for developing countries that need taxes to build their country. Bitcoin is too expensive and manifests itself as a financial bubble, which is very risky to invest in it from citizens in any state. Therefore, crypto currency for the country is not a very good phenomenon.

[Ahmed4200]

The unusual increase in purchasing power is called inflation. For example, a product is stable but its price has increased abnormally, it is called inflation. Is it possible ?? Now it is said that it has validity in many different countries of the world, including several countries of America, Europe, Africa continent. So they did not think of inflation ?? So, they do not understand the country financing ??