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Author Topic: Bitcoin and cryptocurrency, between legal and illegal in the world?  (Read 322 times)
CoinsInvest9
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August 08, 2018, 11:44:05 PM
 #81

Most governments recognize the potential of bitcoin as a highly profitable financial technology. However, since there is no official administrator, the government is worried about bitcoin being misused for crimes. So the government provides restrictions, most prohibit the use of bitcoin as a payment system in the country. In addition, most governments also warn that bitcoin is a high-risk investment. Well, as a good society we have to obey the rules of government then we must understand and learn the status of bitcoin law in our country well.
Truly, some countries don’t support bitcoin because they have their own point about it Obviously we can’t deny bitcoin or cryptocurrency can bring a little bit more complication. We all know that bitcoin characterizes its anonymity, so it’s quite hard to control the illegal transaction or some illegal activity related to bitcoin. Besides, if they accept bitcoin, perhaps their citizens will depend much on this virtual currency and forgetting his main job. However, with the profits that bitcoin can bring to our life , i believe  bitcoin will be soon encouraged by many countries around the world.

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August 11, 2018, 06:27:06 AM
 #82

It has already been banned in a number of countries, we are talking about 3 countries. It is unlikely to be banned, it will take too much time and money, but will control, it is already happening.
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August 14, 2018, 04:33:24 PM
 #83

I guess not. What for? Crypto currency is already used in medicine and so on, this is the future of the world.
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August 15, 2018, 12:07:20 PM
 #84

No, because the cryptocurrency is just special in that its prohibition is impossible in principle. After all, it can not be removed, and to stop the issue will need to deprive all access to the Internet. The only option to limit their use is to ban them at the state level, but in reality it will not be so easy to implement.
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August 15, 2018, 12:27:19 PM
 #85

Most governments recognize the potential of bitcoin as a highly profitable financial technology. However, since there is no official administrator, the government is worried about bitcoin being misused for crimes. So the government provides restrictions, most prohibit the use of bitcoin as a payment system in the country. In addition, most governments also warn that bitcoin is a high-risk investment. Well, as a good society we have to obey the rules of government then we must understand and learn the status of bitcoin law in our country well.
Truly, some countries don’t support bitcoin because they have their own point about it Obviously we can’t deny bitcoin or cryptocurrency can bring a little bit more complication. We all know that bitcoin characterizes its anonymity, so it’s quite hard to control the illegal transaction or some illegal activity related to bitcoin. Besides, if they accept bitcoin, perhaps their citizens will depend much on this virtual currency and forgetting his main job. However, with the profits that bitcoin can bring to our life , i believe  bitcoin will be soon encouraged by many countries around the world.
We are wanting for crypto to be acceptable in every country so we must obey the government and help them to control the increase of crime and illegal transactions. We are benefitting from crypto and we have to discipline our self for it not to put away from us and become an opportunity for everyone.

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August 15, 2018, 12:37:35 PM
 #86

Btc must remain legal...no other way for the modern society. Authorities can't stop it; only manipulations possible now.
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August 15, 2018, 01:20:43 PM
 #87

in all things i think there are the pros team and the contra teams, bitcoin have the pros team that will support bitcoin and want to make a changes, and contra to bitcoin that dont want bitcoin and they want to make bitcoin dissapear, so it will be you choices, are you pros or cons to bitcoin

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August 15, 2018, 03:03:32 PM
 #88

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?
We can not force a country to accept or legalize bitcoin or other cryptocurrency, because they have different regulation and rrule regarding to crypto. They just not realize the benefit of crypto in general. Or mayber they're still not ready with the new technology that crypto's bring.


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Dmitry.Vastov
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August 17, 2018, 08:26:47 AM
 #89

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?
No crypto currency is illegal in the world, there is a huge difference between the term decentralisation and being illegal, bitcoin is decentralised crypto currency not illegal, we all know that bitcoin has been through many ups and downs and there is a huge controversy regarding the legalisation of bitcoin in every nation and there are few countries who has legalised bitcoin and now they are very happy with their decision even and I am sure that bitcoin will definitely be get centralised all over the world

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Indrawan77
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August 17, 2018, 08:43:40 AM
 #90

The legality of bitcoin actually depend on how the government point of view, many countries rejected the idea because it is decentralised and often being used for criminal things, but if the government want yo look deeper crypto currencies is a very useful tool for future, it can make life easier when you want to do transaction globally, for now we can only wait for the government observations

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August 17, 2018, 11:38:54 AM
 #91

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?
One of the most amazing things is that some of the countries are staying passive towards Bitcoin, and they are acting like it is not the case in the world. Or like it is not something serious to be a thread.

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August 17, 2018, 09:01:48 PM
 #92

They won't. This is the future of the world. Soon the whole industry will switch to cryptocurrency. How can the future be forbidden?
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August 17, 2018, 09:21:13 PM
 #93

Well, in a sense, it really is. However, this is also quite individual ... for example there is a certain number of countries where any activity related to crypto-currencies is a violation of the law. However, there are also countries that absolutely do not deal with the issue of regulating crypto-currencies at all.
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August 17, 2018, 11:58:48 PM
 #94

On this issue, you can discuss an unlimited amount of time as in some countries are very happy cryptocurrency and in some it is generally prohibited.
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August 18, 2018, 12:10:14 PM
 #95

I don't think there is any big reason to declared bitcoin illegal rather there are a lot fo reason to make it legal because it is popular and many people start depending on it.
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August 18, 2018, 12:17:40 PM
 #96


cryptocurrency is a modern technology, cryptocurrency can be used as a solution for world finance
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August 18, 2018, 12:18:57 PM
 #97

I think bitcoin cannot be fully accepted by all countries, many governments consider bitcoin as a threat as their national currency, this is undeniable because with the dominance of bitcoin in a country will rival the value of the prevailing currency. But it would be unfortunate if bitcoin is not acceptable.
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August 18, 2018, 12:23:11 PM
 #98

Recognition bitcoin is a matter of time. The main problem is the country's inability to regulate bitcoin, and therefore have its share of transactions. In addition, it will become impossible to combat money laundering and other fraud in the sphere of finance. But I do not think that the government has the right to forbid me to have bitcoin as a citizen with a clear conscience.

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August 18, 2018, 01:52:07 PM
 #99

 In my opinion, crypto currency is banned in some countries. Because the haven't realized its importance. Hopefully they will understand very soon.On the other hand, some countries accept bitcoin legaly in the world.  Smiley 
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August 18, 2018, 02:03:50 PM
 #100

that's true, because every country in every corner of the world, there are countries that legalize bitcoin and some countries don't accept bitcoin in their country. because they have their own reasons for bitcoin.
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