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Author Topic: Bitcoin will be legally accepted in every country in the next 10 years?  (Read 9926 times)
BL46K 7193R (OP)
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June 07, 2019, 06:45:43 PM
 #1

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.
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June 07, 2019, 06:52:17 PM
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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. 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 am quite positive about bitcoin and even some top alts that eventually many countries will be opening up their doors for this new and innovative digital assets to be owned, traded and utilized by the general population. However, we all know the big reality that some countries (example: China, Iraq, North Korea, Russia, MidEast countries and even India) will not easily give up their strong position against cryptocurrency. Will a decade be enough to change their adamant mindset on bitcoin? Let's just hope that it is though I am a little negative on this, to be honest but certainly we can be adding more countries soon that's for sure.

So my next question: What are the things or factors that can possibly convince closed countries to change their stance? And is there anything we can help towards that goal?
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June 07, 2019, 06:57:45 PM
 #3

I'm not sure, for me it's very difficult to imagine all countries accepting BTC without taxing and controlling
If I have to bet, I'll probably bet that most of countries will find a way to ban or to make difficult who have BTC

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June 07, 2019, 07:01:29 PM
 #4

I think that the better question is if Bitcoin will be regulated and how. Even now Bitcoin is not illegal, at least not in majority of countries but there are only few countries who have regulated it within legal framework and defined it. I think this is something that will happen in.almost every country 10 years from now.

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June 07, 2019, 07:13:17 PM
 #5

The sign is very positive, but we can't predict what will happen, all the big companies already set their eyes for crypto, if crypto can be proven giving advantages for people then I think the government will take the right move for adopt crypto, the government will need to improve if most of the countries already accept crypto, maybe 10 years is not enough time for crypto being accepted in all countries, but I think most of the countries will be adopting it
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June 07, 2019, 07:21:24 PM
 #6

'Legally' is somewhat a vague term in today's standards. In the country I'm in for example, bitcoin is accepted by a few retailers and services as if it's a currency but the thing is there are no legal framework whatsoever pertaining to bitcoin and the scope of its use and its limits. Anyone can accept bitcoin anywhere in the world but that doesn't mean it's legal, and perhaps we're a long way from legalizing the said cryptocurrency across the globe knowing that there are still some countries that are still against it. The demand of its usage would be a key factor in getting things prepped up, and that, thankfully, is being done right now.
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June 07, 2019, 08:12:00 PM
 #7

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.

Maybe not in all countries (stupidity still dominates some), but more and more will understand and accept it, and thus bring new sources of wealth to their people.

Even if its not legal in a couple of places, people from there will still transact underground. Bitcoin is unstoppable, as much as the internet, and some even argue more than, because of decentralization and blockchain.

The game is not over, but Bitcoin is winning.

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June 07, 2019, 08:30:23 PM
 #8

It may just happen, and when this happens, be sure it may find a way to being the next world unity currency, and this may as be preparing for the second coming of Jesus Christ. I doubt any country will shy away from accepting the bitcoin few years from now. See bitcoin may have  the backing of powerful forces who are tired of the current fraudulent banking system.
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June 07, 2019, 08:33:43 PM
 #9

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.
It is true that Bitcoin has gained a lot of popularity and a lot of users in the past couple of years, and i am sure that in the next 2 years or so it will get even bigger and a lot of companies will start accepting, but i don't know if all government in the world will ever allow it to become used because it will affect them in a bad way if a lot of people use it, because government hold control of our lives through money and if we use bitcoin than they will lose that control.
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June 07, 2019, 08:40:35 PM
 #10

In the upcoming ten years of time surely there will be big change in the market acceptance of bitcoin. When there is increase in the market acceptance and adoption automatically it'll be recognized globally. Even after such a level of growth it is really hard get legal acceptance for bitcoin on every country. I believe majority of the countries will legalize bitcoin and other cryptocurrencies usage.

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June 07, 2019, 10:24:19 PM
 #11

This might happen because the government will also use it as a means of payment gradually as evidenced by the existence of many countries that approve bitcoin as a digital investment commodity, and this does not rule out the possibility that in the future the government will do the same with bitcoin if used as a means of payment.
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June 07, 2019, 10:31:02 PM
 #12

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.
Legalize in the country about bitcoin or alternative coin iis not easy, government need more knowledge about Cryptocurrency and I think before they legalized the bitcoin there's something that will be considered. It's not just easy its really takes time about that.

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June 07, 2019, 10:31:41 PM
 #13

I think there are some crypto that are used by the public for transactions, trade and investment.  such as BTC, ETH, XRP, TRX, and other coins that have good potential in the market.  but other altcoin is only for trade and investment.

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June 07, 2019, 10:33:14 PM
 #14

surely this can happen. Bitcoin has gained a lot popularity in last 10 years and now all countries are making their mind to regulate it. Slowly but for surely regulations will come.
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June 07, 2019, 10:33:58 PM
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Yes, I have no doubt about it, because although it is true that large institutions tend to be reluctant to change, sooner or later they have to adapt to the new realities, and the incursion of technology into our daily lives is already a fact that can not be stopped. Example of an initial reluctance was Uber in its beginnings, but today no one doubts the great utility offered by its service in the cities in which it operates.

In the case of bitcoin, despite the great reluctance of the central banks, no one has been able to prevent it from permeating the global economy, and the tax authorities have had to adapt to this fact and legislate on it as a preamble to the mass adoption coming.

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June 07, 2019, 10:39:52 PM
 #16

This might happen because the government will also use it as a means of payment gradually as evidenced by the existence of many countries that approve bitcoin as a digital investment commodity, and this does not rule out the possibility that in the future the government will do the same with bitcoin if used as a means of payment.

I guess if the use is as a means of payment, then it can damage the rules of financial and economic benefits of each country. Bitcoin should be accepted as e-currency only and shouldn't disrupt the payment system now. Because not everyone using it while most people are still use real money as payment as it's the easiest now.
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June 07, 2019, 10:54:58 PM
 #17

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.
You cannot always claims a hundred percentage on anything, many countries will have their laws and regulations when it comes to the market and i expect some third world countries banning the entire market altogether and there are dictatorship kind of rulers in some of the middle eastern countries and you never know what kind of rules and regulations they will come up with and there is a possibility that they will ban it altogether.
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June 07, 2019, 11:01:15 PM
 #18

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 some country but I doubt on those country who are making bad decisions agaisnt bitcoin. In India, there a propose law of making you in jail for the next 10years for holding bitcoin or making any transactions using bitcoin.  We have to work on this, keep making good news and develop more coins because of this maybe government will start to see this as a good one.
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June 07, 2019, 11:12:59 PM
 #19

yes they cannot stop the snowball effect, and if they will fight back like china and india which ban crypto then will be huge problem,,,,

but something big will happen, people will not seat quiet, generation Z , china and india and russia and some others dont give a shit about helping people and make freedom and make familys more happy and make bright future for kids and it was and will be in this world they just look on them as some robots under control nothing more,,,,who think its not real is only rich people which are very small % which also some kind of piss of shit they dont care what happen with others....do you know what the salaries in china and russia and india and some other countires and they work all day long .... this things dosent important to them whats important is to ban crypto its fucking joke ,,, unbelievable...


why they ban crypto Huh? its take huge chunk of power from them...smart economist can explain you this i just to lazy now hhhh

now companies will happy to paid by cryptos for products why...the prices of crypto go up compare to money paper

so here you have great hint if it will be accepted ....100% ,,,the only problem is the governments,
lets say you sell televisions i come and pay with dash crypto after some time the price go up....but with money paper there is huge problem.....

why

the prices in supermarkets slowly go up and in other things while dollar lose value and affect other paper money...
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June 07, 2019, 11:14:39 PM
 #20

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.


The quality of this post is reaching new lows. OP is repeating himself and wrote 3 same sentences with the same meaning to make the post look bigger.
Bitcoin's popularity and popularity? Please!

STOP SHITPOSTING

No it won't be legally accepted meaning that it will be a recognized currency that governments will support along their own fiat.
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