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Author Topic: Bitcoin will be legally accepted in every country in the next 10 years?  (Read 9926 times)
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June 10, 2019, 01:23:18 PM
 #61

This is what I am expecting but frankly speaking this kind of happenings is very difficult to obtain knowing that every country has it's own policies.

But if it will happen someday then all the crypto supporters will surely evolve to the next levels. Though 10 years is very short time for all the country to accept crypto currency fully and making it legal.

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June 10, 2019, 01:28:17 PM
 #62

It will be great news but how sure are we this is feasible. We are struggling with regulation for now and we are here talking about it been legalised in all countries. For me, if government finds ways to regulate crypto thn 10yrs is too far for me

It's pretty much feasible even though there are several cases against the said Bitcoin. Gradually many other countries have made their intentions know about their national coins creation which directly or indirectly will affect Bitcoin. Remember, Bitcoin is the first and will be respected at the end. According to news, it will take some years to rewrite Bitcoin, until then let wait.

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June 10, 2019, 03:15:59 PM
 #63

Do you think Bitcoin will be legally accepted in every country in the next 10 years? But I think that Bitcoin will be legally accepted in all the countries within the next 10 years. Not sure about the other crypto coins, but everyone has confidence in Bitcoin, so it can be said that Bitcoin will be fully validated in all countries. Bitcoin's popularity and popularity have increased day by day.
The government of many countries are now thinking about the bitcoin. That day is not far away when Bitcoin will be legally acceptable in all countries.

I doubt if it's going to be possible in all countries, there are still countries who will be against Bitcoin it's not about popularity it's about a particular country's system of government, you cannot expect a totally communist country to give its people total freedom to trade and hold cryptocurrency, they are not doing that in some countries.
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June 10, 2019, 03:18:38 PM
 #64

Do you think Bitcoin will be legally accepted in every country in the next 10 years? But I think that Bitcoin will be legally accepted in all the countries within the next 10 years. Not sure about the other crypto coins, but everyone has confidence in Bitcoin, so it can be said that Bitcoin will be fully validated in all countries. Bitcoin's popularity and popularity have increased day by day.
The government of many countries are now thinking about the bitcoin. That day is not far away when Bitcoin will be legally acceptable in all countries.

In 10 years I see a combination of widespread legalization and tolerance or decriminalization. Nations that are hostile to bitcoin will find themselves falling behind economically, affecting the revenues generated by these governments, and they will be forced to introduce legislation welcoming bitcoin, albeit sheepishly. It will be a bitter pill for them but they will have no other choice.
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June 10, 2019, 03:31:25 PM
 #65

I live in Croatia and I'm sure that our authorities will follow rules and regulations from EU.
Tax office has recently provided instructions on how to report and pay crypto income tax what is great step for us.
In their instructions they mentioned the decision of the EU Court about crypto currencies.
It looks like things go well and maybe in ten years Bitcoin will be fully legally accepted in EU.

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June 10, 2019, 03:44:43 PM
 #66

Yeah, the name bitcoin is increasingly dominating the crypto currency world. Bitcoin is increasingly popular and has increasing trust. Public trust in bitcoin from day to day is getting better. This can be seen from the many active bitcoin players that have been increasing rapidly lately. I am sure that in the next ten years, all countries will accept the existence of bitcoin as part of the currency. Bitcoin will complete financial functions that cannot be done with fiat currencies. But I'm not sure that other crypto currencies will also be accepted. What is clear, this bitcoin will be accepted and has a recognized position such as fiat currency.

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June 10, 2019, 05:35:32 PM
 #67

Do you think Bitcoin will be legally accepted in every country in the next 10 years?

it is possible that at least 50 countries legalize bitcoin. The issue of legalization of bitcoin has been dealt with too slow, I would argue that this is being ignored by many governments. Most governments have not banned bitcoin, but also have not legalized bitcoin, so it becomes very complicated to have a large adoption under these conditions of uncertainties



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June 10, 2019, 07:58:10 PM
 #68

In the next 10 years to come btc must have gain greater adoption than it has already gain at present, before now not many people where involved in cryptocurrency but with every passing day more people are coming in to the ecosystem, many online and offline merchants now accept btc for transaction, btc has evolved for the past decades and will continue on that part,
Btc awareness has increase so will it's acceptance, it may not be every country but certainly a greater part of the world would have accepted btc by then.

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June 11, 2019, 11:59:34 PM
 #69

It will be great news but how sure are we this is feasible. We are struggling with regulation for now and we are here talking about it been legalised in all countries. For me, if government finds ways to regulate crypto thn 10yrs is too far for me

Why do you want to regulate something decetralized?

In the next 10 years to come btc must have gain greater adoption than it has already gain at present, before now not many people where involved in cryptocurrency but with every passing day more people are coming in to the ecosystem, many online and offline merchants now accept btc for transaction, btc has evolved for the past decades and will continue on that part,
Btc awareness has increase so will it's acceptance, it may not be every country but certainly a greater part of the world would have accepted btc by then.


I am pretty sure all countries at least have somewhere you can spend bitcoins at. Even thrid world countries are adopting it and it can be used for certain things. This is the power of bitcoin, anyone from anywhere can utilize the power of the blockchain even if they live in the middle of nowhere. (so long as they have internet)

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June 12, 2019, 06:12:39 AM
 #70

It has long been necessary to come to an agreement that cryptocurrencies should be given official status. Because it makes no sense to stop the process of creating new settlement systems that is already running. Yes, now few are ready to buy cryptocurrency. But people's interest is growing, needs too. If the British government is ready to come to a legislative settlement of this issue, then other European countries may soon follow their example.
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June 12, 2019, 06:17:50 AM
 #71

10 the magic number, who will be presenting bitcoin for its legalisation and as far as I can tell not all countries are in support of this crypto technology, some country has given its decision to jail citizens upto 10years in jail and if others are thinking in these lines not all countries will be in support.

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June 12, 2019, 06:18:57 AM
 #72

there are so many cool projects appearing, ready to help those who wish to master cryptocurrency investments, for example taklimakan. And this is logical, because since there is a tendency of growth in the number of people interested in cryptocurrency, then new platforms appear for this request. Such facts cannot be ignored by the government, and quite soon all countries will give cryptocurrency legal status.
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June 12, 2019, 06:25:52 AM
 #73

It is difficult to give a certain status to cryptocurrencies, when even Bitcoin developers are unknown. Perhaps that's why they are pulling with the solution. But after Microsoft announced that they are planning to do a project that helps with the launch of blockchain projects, it is likely that Europe and the United States will support this initiative and take part in the regulatory process.
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June 12, 2019, 06:37:34 AM
 #74

Since cryptocurrencies are decentralized, even their creators do not have full control over them. On the stock exchange, we see how easily price can be manipulated, which led to last year's Bitcoin collapse. But now there are more and more offers of security tokens that are practically liquid to securities, this should strengthen the market and open the door to establish rules that should be followed to preserve investors' guarantees.
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June 12, 2019, 06:54:13 AM
 #75

OP, there is no way Bitcoin will be recognized in every country of the world. This isn't possible even in the next 200 years. To start with, the British Pound Sterling (the highest fiat) isn't even recognized in every country, let alone Bitcoin with all its attendant and confusing technology.

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June 12, 2019, 06:55:49 AM
 #76

Governments are pulling the regulation of cryptocurrency for so long, because it has no restrictions. No one will tell you, you cannot invest in your low credit status. No, everyone is equal here. And it is this that stops the structure of power, because they are afraid to completely lose control over the circulation of funds.
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June 12, 2019, 07:06:32 AM
 #77

Do you think Bitcoin will be legally accepted in every country in the next 10 years? But I think that Bitcoin will be legally accepted in all the countries within the next 10 years. Not sure about the other crypto coins, but everyone has confidence in Bitcoin, so it can be said that Bitcoin will be fully validated in all countries. Bitcoin's popularity and popularity have increased day by day.
The government of many countries are now thinking about the bitcoin. That day is not far away when Bitcoin will be legally acceptable in all countries.
Based on what facts are you assuming that the government will accept bitcoin or other crypto currencies within the next 10 years? Yeah, the government is showing some interested on "blockchain" technology, but this does not mean that they will start accepting or consider bitcoin as a legal tender. They might start making their own currency using the technology which might not be decentralized like bitcoin and most of the crypto currencies.

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June 12, 2019, 01:16:56 PM
 #78

Do you think Bitcoin will be legally accepted in every country in the next 10 years? But I think that Bitcoin will be legally accepted in all the countries within the next 10 years. Not sure about the other crypto coins, but everyone has confidence in Bitcoin, so it can be said that Bitcoin will be fully validated in all countries. Bitcoin's popularity and popularity have increased day by day.
The government of many countries are now thinking about the bitcoin. That day is not far away when Bitcoin will be legally acceptable in all countries.

i'm pretty sure Bitcoin will be accepted in every country in the next 10 years or at least 20 years
but i'm curious when that happens, is Bitcoin ready to handle transactions from all countries?

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June 12, 2019, 02:59:41 PM
 #79

This is more like wishful thinking , there are a lot of countries which are not even able to use electronic payments like PayPal in our times.
I think that countries which will be able to make appropriate laws and framework for crypto currencies will be those who will legally acept btc payments but there most certainly will be countries in 10 years , which will not allow it.

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June 12, 2019, 03:16:20 PM
 #80

I don`t think so, Bitcoin is tax free and if it will gonna be accepted or become legal in every country, then surely it will get taxed which contradicts it`s decentralization. Though there will always be positive and negative effect of legalizing bitcoin in every country, but surely government will control it.
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