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Author Topic: Bitcoin and cryptocurrency, between legal and illegal in the world?  (Read 322 times)
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July 14, 2018, 04:45:26 PM
 #21

I think that the crypto currency will not be banned, since the state can not fight it. Most likely, some laws on crypto currency will be adopted, after which it will be legalized in all countries of the world.
Yes, I also think that the government is unlikely to continue to ban Bitcoin in the future. They may issue laws related to Bitcoin and cryptocurrency. I think Bitcoin will one day become legalised all over the world
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July 14, 2018, 05:09:11 PM
 #22

Now these days bitcoin is not legal and illegal because many countries are accepting and many not but most of countries accepting blockchain technology but their rules and policies are different also we can say Many countries governments know the importance of bitcoin and other cryptocurrencies also if some countries make it illegal then then they will be in biggest loss.
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July 14, 2018, 05:37:28 PM
 #23

There are still many countries that are not ready to legalize it because the risks involved have illegal effects (illegal transactions), all countries want to admit it because it is a very profitable future between fellow users and the country, so every country there is a development technology to prevent such abuse, and there are currently some countries trying to legalize Bitcoin, and there will be other steps from different countries for future technology development.

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July 14, 2018, 05:43:38 PM
 #24

Other countries banning crypto because of possible money laundering and purchasing of illegal drugs online. The government is so scared of the potential of the crypto that can be used in a bad way like funding terrorists without any trace. Maybe few years from now, those countries who banned crypto will realized that the blockchain technology has still so much to offer. We will just wait and see what the future may bring when it comes to the development and adoption of crypto worldwide.

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July 14, 2018, 05:46:47 PM
 #25

I think that there are a lot of countries that just want to see it being illegal so it can not stop their government taxes anymore, but i think that it can take some time until we see it legal worldwide, or maybe it will never happen because of the united states

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July 14, 2018, 08:19:38 PM
 #26

I don't think that the restriction over the crypto will be so long. The world is developing day by day. And with the part of development, most of the countries will accept crypto as payment tool and investment tool in coming days.
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July 14, 2018, 09:04:10 PM
 #27

Cryptocurrencies have to face a lot more than this. But it's good as Bitcoin and all the others altcoin and much more beneficial and safer to use than those physical currencies which are basically simple paper and those are treated as gold, banking sectors and government use that to enslave us and keep under the control and whenever they want they can print that money and decrease the value and we have to face those difficulties.


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July 14, 2018, 09:10:42 PM
 #28

Bitcoin may become a form of universal currency but will never replace fiat because governments wont relinquish control of monetary policy or supply and most people have no idea about crypto.

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July 14, 2018, 09:14:48 PM
 #29

I think bitcoin and cryptocurrency will not be banned in the future.because of its wide popularity and circulation in different countries of the world. if this currency had a detrimental effect on the economy, it would have been closed long ago.the countries which have not yet validated the benefits of the cryptocurrency will be valid in phases.expanding business promotion will increase the crypto currency much as it spreads and validity can be found.

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July 14, 2018, 09:15:22 PM
 #30

One day, cryptocurrencies will be used legally without restrictions.
The need for cryptos services will force governments to accept and legalize their use.
It may need some time before seeing this happening.

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July 15, 2018, 04:34:26 AM
 #31

It’s funny how many people want bitcoin to become mainstream but doesn’t want cryptocurrency regulated. And why the hatred towards governments?  Undecided

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July 15, 2018, 04:39:16 AM
 #32

I think that the crypto currency will not be banned, since the state can not fight it. Most likely, some laws on crypto currency will be adopted, after which it will be legalized in all countries of the world.
Yes, I also think that the government is unlikely to continue to ban Bitcoin in the future. They may issue laws related to Bitcoin and cryptocurrency. I think Bitcoin will one day become legalised all over the world

At this moment the system is living in a world where some part are legal and others are illegal. There are already countries that accepts the use of the system but some other countries hasn't learned to accept it yet. The system is operating at different way in the same world and and I hope time will come that it willis be legal all over the world.

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July 15, 2018, 04:41:42 AM
 #33

I think that the crypto currency will not be banned, since the state can not fight it. Most likely, some laws on crypto currency will be adopted, after which it will be legalized in all countries of the world.
Yes, I also think that the government is unlikely to continue to ban Bitcoin in the future. They may issue laws related to Bitcoin and cryptocurrency. I think Bitcoin will one day become legalised all over the world

The system at this moment currently operating at different sides of the world. There's a division between the parts of the world because some countries has already accepted it but others has not. Well for the good cause let's all hope that all over the world the system that we're using be already accepted and get legal.

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July 16, 2018, 09:53:53 AM
 #34

The development of cryptocurrency is better from time to time. In many countries, many have inaugurated crypto currency as a legitimate paying tool. Although there are also countries that openly banned cryptocurrency. This becomes very interesting to be listened to by us. Then, personally, I want to know what you think of all that? Will at any time cryptocurrency be a legal and legal world currency in all countries? Or perhaps during that time, cryptocurrency is strictly prohibited in all countries of the world?
I know that many people consider that Bitcoin and other cryptocurrencies can be used for illegal activities like drugs and weapon dealing, terrorism activities, money laundering, etc. but I guess that depends on a person. A criminal who has that negative mentality is bound to do such illegal acts either with or without crypto currencies. If cryptocurrencies had not been there, that person will find some another way of doing that. So it depends on person.

  

 
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July 16, 2018, 10:04:35 AM
 #35

The future will come where the world has totally shifted to globalization, and in that time cyrptos especially Bitcoin will be widely used and legalized by all countries.And with this the use of cryptos illegally will be reduced as there will be laws already.
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July 16, 2018, 10:04:53 AM
 #36

Anytime decisions and rule implementations can change by the countries that imposed ban to crypto's.

When they see other countries has great benefit from it, they will soon learn that it can also happen and help to boost their entire country's economy.

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July 16, 2018, 10:14:54 AM
 #37

Countries have tried to ban it but then they reverse the decision after realising that it is not possible and also a dumb idea. Blockchain is the future and they will be left behind in the new financial revolution
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July 16, 2018, 06:33:33 PM
 #38

Yes Bitcoin and cryptocurrency are illegal in the world law, because the government can not control it. But in most countries it is legitimate now. I am sure when people of the world fully understand the true meaning of Bitcoin, then it will get legal validity all over the world.
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July 18, 2018, 07:51:57 AM
 #39

People are handling the code is illegal because the government can not control it directly. Currently, more than 18 countries have used legitimate electronic money to make transactions and exchanges.
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July 18, 2018, 12:06:44 PM
 #40

Countries have tried to ban it but then they reverse the decision after realising that it is not possible and also a dumb idea. Blockchain is the future and they will be left behind in the new financial revolution

I don't know of any country that "tried to ban then changed their idea"!
there has been a lot of concerns about bitcoin in all the countries without exception, some people said it should be banned but that doesn't mean they tried banning bitcoin. it just means some people had the idea which was rejected by the lawmaker for many different reasons.

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