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Author Topic: Will bitcoin in Southeast Asia be legal?  (Read 4539 times)
Babyrica0226
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September 30, 2018, 10:43:33 PM
 #541

Because to my knowledge there are several countries in southeast asia that have not legalized bitcoin. And what is our endeavor for bitcoin in southeast asia to be legal like any other country (which has legalized bitcoin).
Will the impact be positive or negative?

We if you don't know the impact and did not get the catch of Bitcoin, for sure it will be a negative but if you know the positive way of course! immediately, you will do something to adopt and apply it into your life. Nowadays, most of the Asian countries are now being aware of crypto currency and Bitcoin, like China, Vietnam, Indonesia, India, Hongkong, Singapore, Philippines, Japan and Korea had their own exchange and some are also have a bitcoin mining farm like in China as well, which is shows that Bitcoin or crypto becoming really popular in the entire world.
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Yadamosan
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October 01, 2018, 12:33:22 AM
 #542

Maybe in some countries in southeast asia will legalized bitcoin, but in some other won't. Because in the philippines it's legal and they had a wallet called coins.ph, but in the other countries I don't know what will happen on them, they result will be on their government.
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October 01, 2018, 01:54:47 AM
 #543

well, in most nations nowdays bitcoins are getting more and more popular and their growth are getting more and more supporters. what i have watched in youtube that theres a growing number of users of bitcoins in south east asia. so yeah we might see some changes
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October 01, 2018, 02:45:54 AM
 #544

Not only Southeast Asia but I think bitcoin will soon legalized all over world. Bitcoin now gained popularity and I think this prediction will happen soon
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October 01, 2018, 02:49:59 AM
 #545

If you live in Singapore, you can freely own and use cryptocurrency. To get permission from all countries in the SEA, I think it only needs to wait. Cryptocurrency can be legal but can not be separated from government control to avoid volatility that often harms the owner
Ethan Argu
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October 01, 2018, 03:59:49 AM
 #546

It has a big effect in southeast asia because we all know that countries in this continent are known in tourism.
There are many tourist attraction in this place. Eastern people are easy to access if they have bitcoin they can book flights and hotels in vacation. Many people jobless will have a job. Because of the tourism .

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October 01, 2018, 04:14:46 AM
 #547

I think that it will be legalized in southeast area. Bitcoin is the best crypto currency. It's also the most oldest one. On the other hand if a survey is conducted then it will be at the top undoubtedly. So, I think it's people's demand that Bitcoin should be legalized in this region.

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October 01, 2018, 06:46:08 AM
 #548

There is so much good entrepreneur in southeast asia, if bitcoin approved in their country, it's something good for cryptocurrency world

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October 01, 2018, 07:01:25 AM
 #549

I'm from Vietnam-a country in Southeast Asia. Currently the BTC is not banned in Vietnam, only when you use the BTC for payment, purchase and sale of new merchandise is prohibited.
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October 02, 2018, 12:25:12 AM
 #550

Because to my knowledge there are several countries in southeast asia that have not legalized bitcoin. And what is our endeavor for bitcoin in southeast asia to be legal like any other country (which has legalized bitcoin).
Will the impact be positive or negative?
maybe in the foreseeable future it may become legal in southeast asia. maybe it will take a while. The impact can be negative or positive.
satria2
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October 02, 2018, 12:26:51 AM
 #551

Because to my knowledge there are several countries in southeast asia that have not legalized bitcoin. And what is our endeavor for bitcoin in southeast asia to be legal like any other country (which has legalized bitcoin).
Will the impact be positive or negative?
maybe in the foreseeable future it may become legal in southeast asia. maybe it will take a while. The impact can be negative or positive.

No one can make sure that happens because some countries still have long thoughts that Bitcoin will produce for their country.
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October 02, 2018, 02:30:57 AM
 #552

I think so because bitcoin is worldwide so southeast Asia will follow it. My country is on southeast asia too and now the people here now aware about it and the blockchain now being growing up on the community.
Not all countries in Southeast Asia support bitcoin. There are several countries that prohibit the use of bitcoin, for various reasons. But I believe, someday all countries in Southeast Asia will legalize bitcoin, because bitcoin as a global currency must be legalized. If not, it will not get added value from bitcoin for the progress of the country
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October 02, 2018, 07:17:53 AM
 #553

bitcoin demand in Asia is also very high so I'm sure bitcoin can be used frequently and become legal in Asia besides that I see the circulation of bitcoin in Asia has a very good development
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October 03, 2018, 09:28:32 AM
 #554

Because to my knowledge there are several countries in southeast asia that have not legalized bitcoin. And what is our endeavor for bitcoin in southeast asia to be legal like any other country (which has legalized bitcoin).
Will the impact be positive or negative?

I think if bitcoin is legalized in Southeast Asia it can improve the level of welfare of the country. Why? because the value of bitcoin that is higher than the dollar can help countries in Southeast Asia whose currencies are below the dollar.
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October 03, 2018, 08:49:26 PM
 #555

Bitcoin has much more positive aspects than negative ones. This technology is unique and fully corresponds to the modern high-tech world. Therefore, sooner or later each country will use cryptocurrency. Maybe not even bitcoin, but it will definitely happen.

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October 03, 2018, 08:57:28 PM
 #556

I think that will happen. Perhaps not every country will decide to use bitcoin, but when this trend will be more actively spread around the world, the rest will simply have no choice. So it's all a matter of time.

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Glutius
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October 03, 2018, 09:11:00 PM
 #557

Bitcoin is not really accepted and understood by every government. And I still do not understand what the reason is - the real distrust of the cryptocurrency or just fear of the authorities that it can disrupt the entrenched order and yt unprofitable for the government itself. I hope that over time they will understand that it will only improve life in the country, and not conversely, and accept bitcoin.


Nolan786
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October 06, 2018, 09:39:39 AM
 #558

Authorities may reconsider their decisions in a positive way. Bitcoin continues to evolve and improve, so over time, the government may decide to adopt it. Although it is not legalized in many parts of Asia, Crypto money is higher than some countries developed and coded. In general, we may not see a jump from government to legalize or regularize Crypto space. It is not in our hands but it will happen in any way. It is possible in some countries in Southeast Asia to legalize bitcoin, but in others it is not. What I have watched in youtube has a growing number of bitcoin users in Southeast Asia. Yes, we can see some changes. Bitcoin has now become popular and I think this prediction will soon happen
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October 06, 2018, 10:00:46 AM
 #559

in Southeast Asia it has its own mode and security, so it is very safe, different from other countries that are still illegal, but illegally it cannot be set

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October 06, 2018, 10:25:27 AM
 #560

It is not legalized in all countries in Southeast Asia. In some countries like Vietnam using bitcoin has been banned. Some other small countries are still discussing the legalization of bitcoin. Bitcoin is still in the process of developing and expanding the market in some countries. I hope in the near future all countries in Southeast Asia will accept bitcoin.

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