Bitcoin and cryptocurrency, between legal and illegal in the world?

[worle1bm]

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?

The cryptos have become a new issue of concern for major countries these days as popularity,scams,investments,prices all are increseing at an alarming rate for which measures need to be taken.Many countries have make regulations regarding its usage like japan and some have put a ban on its trading declaring it as illegal.Some do not have put a ban neither have made regulations for its use meaning you can work there at your own risk.So the position of cryptos is floating in between and situation is not cleared but in future they will be accepted by each one.

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[Andrew S]

Only some countries do not understand the importance of crypto currency, so they prohibit all operations.

[ubay]

Not all countries forbid the circulation of bitcoin, they only prohibit bitcoin as the official currency but not as a private asset. We just continue to support bitcoin development as much as we can, let the bad news, it will be a waste of time.

[Vanester2014]

In many countries people are treating crypto as illegal as government can't have direct control over it. But, it didn't stop with negativity. Now, there are more than 18 countries which have legalized crypto currency to do transaction and exchange. The number will increase more in future.

True, i think some country banned crypto currency because they cant control it in the first place and they billieve that of they cant control that currency some iligal activities will pump up. Thats why they banned crypto currency to prevent this in the future.

[damrianto]

yes this is a very precise account for bitcoin that is Bitcoin and cryptocurrency, between legal and illegal in the world. because until now the status of bitcoin is not clear pengesahanya by government. so this is like not having the right legal entity to memeliiharanya. this may be the cause of the hackers are nested in bitcoin

[oni4an]

Now is an amazing time when in everyday life comes such a new, revolutionary innovation, as cryptocurrency. I think that it is impossible to hurry up with acceptance of cryptocurrency, because many already today expect from it a miracle, as a fairy unicorn. No. Let the governments in depth study cryptocurrency and make the right decision-to legalize it.

[bitlind]

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?

It is so strange, when something is both allowed and forbidden in the same world, in one hemosphere. Bitcoin creates a thing, that whole world is boiling about right now, so you need to use it.

[shampapk1988]

That's an interesting post. Currently cryptocurrency is all about getting recognised as legal and also getting banned here and there. I think, countries will be needing cryptocurrency to develop, so there would be a time when every country will recognise cryptocurrency.

[Sampson7]

lamentably numerous nations are currently restricted cryptocurrency,they are thinking about crypto as illicit in light of the fact that the administration doesn't have control over it yet there is nothing unlawful about it , it's convention are exceptionally fundamental, in excess of 20 nations has permitted it there must be something gainful about it and it will advance more later on.

[Yazrielle]

They will not facilitate any transaction for it. For individuals, it is neither legal nor illegal and they can hold cryptocurrencies at their own risk. National Assembly of Pakistan can pass law to declare bitcoin legal or illegal in Pakistan, but there is no such news from National Assembly yet.

[Zainal-baguz]

if I think it's official or not according to the government is not important gan. the important thing is not to let the government prohibit people from investing in bitcoin. but in Indonesia although still illegal the government also does not prohibit
which is important not to use to transact real trading in the real world like paper currency.

[aryaadikariyansyahsuwarto]

there are countries that legalize, and there is also a ban .. and my advice, we as bitcoin hunters should be wise in using bitcoin, so it brings a positive impact and eventually bitcoin can run in any country .. !!

[r32godzilla]

Actually many countries earlier took a strong stand against crypto currencies.But later,many of those countries started to realise its true potential and as a new source of taxing opportunity.So they have gradually started to legalize cryptos.

[Prince Malik]

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?

Crypto currencies have been banned by some countries and many countries have regulations to use them and many don't have any laws for using them which doesn't means that is illegal in that country.It depends on each countries and the people who is just ruling the countries maybe the ban can be uplifted in the upcoming years like south Korea did.

I don't think that there is governments will punish you if you use bitcoin...i think the ban is mean that you can't use bitcoin as a method of payment in the country or i'am wrong??

[CCF_news]

I think that it is not very profitable for the official authorities. But banning it is not so easy, because many people already understand that the future will be resisted.

[chaoscoinz]

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?

Sure, in the spirit of optimism, we can only hope the current situation that Bitcoin faces is a temporary one, that may be apart of its growing pangs. With any innovation, the consequences must be weighed and measured scientifically, with those outcomes affecting the foundation of the scene itself. Regulators are passing judgement and the market is lookin a bit shaken up.
      Sometimes we have to destroy just to rebuild again. If Bitcoin isn't dead after all the regulation, one would like to thank it may only grow stronger, however, only time will tell.

[wall101]

They banned it because they have no control over it . but i think in the future more and more countries will legalize it they'll understand someday   

[Darz299]

,the government in the country considers bitcoin and cryptocurrency is illegal,because it's existence has not been recognized by the government in that country. But there are also some countries that accept it as a tool of legitimate transaction.I think as the are and the development  of technology the world of bitcoin  and cryptocurrency will be acceptable to the countries of the world,albeit with the terms and conditions established by government in those countries.

[tanjiran]

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.

[stayeduptolate]

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 all know that all the crypto currencies available in the market are decentralised one as there is no such authentic regulating body who can keep eye over all the transactions and activities taking place with crypto currencies so the topic of your discussion is very much correct that crypto is between being legal and illegal, as with time countries accepting the fate and potential of bitcoin, they are legalising it and those who are afraid of illegal use of bitcoin has banned crypto currencies from their nation.