cryptoboss2020 (OP)
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February 12, 2021, 09:54:50 PM |
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Coming legal legit. So what's the next step once the cryptocurrency is legal?
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yohananaomi
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February 13, 2021, 06:01:32 AM |
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It just makes a bigger acknowledgment that eventually it penetrates into visas and masters, on the one hand it might be helped but for me there is nothing special because in fact two systems that are clearly different are better still in their position to support each other, may but legalize payments in a manner Immediately, of course, there are advantages and disadvantages, both for cardholders and for visas and masters. because the calculations are made based on when the transaction was at that time or will indeed be calculated at the end of the bookkeeping, it is certain that it will become a separate polemic later. there will be a sense of loss or gain that occurs after seeing the payment listed on the bill where the price is much different from when making the transaction.
but on the one hand there may be some assistance with visa and master methods, indeed we will see the developments that will occur whether many will use or wait for a more perfect repair, however there must be improvements to be mutually beneficial.
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milani
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February 13, 2021, 04:58:44 PM |
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Coming legal legit. So what's the next step once the cryptocurrency is legal?
First of all it will not be everywhere, because we all know that not all countries are friendly to cryptocurrencies. Another one important point - what to do or what you will be able to do with crypto, everything will depend on the concrete country and its laws and regulations, it will depend on what you will be allowed or not allowed to do. So it is a very wide question, and answers will very individual.
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AakZaki
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February 13, 2021, 05:06:53 PM |
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the next step is how to promote to the public to use cryptrocurrency. This seems difficult because what we know is that using cryptocurency is not as easy as using money. so it needs special training for the community
It is not as difficult as imagined. Introducing cryptocurrency to the public can be as simple as the use of digital money. The most important thing is we have to tell in advance what the advantages and disadvantages of cryptocurrency are, lest cryptocurrency be considered a field of gambling, fraud, ponzi and other negatives. Currently the general public is quite familiar with what bitcoin and cryptocurrency are. Many invest and trade in crypto. It seems that the use of visa and mastercard is not very popular.
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Sterbens
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February 13, 2021, 05:26:51 PM |
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the next step is how to promote to the public to use cryptrocurrency. This seems difficult because what we know is that using cryptocurency is not as easy as using money. so it needs special training for the community
and the knowledge that we have, should be of use and benefit to others who are not familiar with cryptocurrency. we are part of those who have an obligation to spread to anyone, friends, family, neighbors that cryptocurrency is a part of digital development.
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jjdub7
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February 15, 2021, 07:55:17 AM |
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Coming legal legit. So what's the next step once the cryptocurrency is legal?
It is difficult to say what will happen next, as most people see cryptocurrencies as an investment rather than a means of payment. And let's not miss the fact that currently relatively few merchants accept crypto. However, in my opinion, Mastercard lays the foundations for this future.
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Red Pie
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February 15, 2021, 08:03:37 AM |
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this development alone does not mean it will be legal. to be legal it must be regulated as a law. Unless it is legally put on a basis, it will not always be in a quite economic place. If it is fully regulated by law, nobody can hold bitcoin.
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best123
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April 04, 2021, 09:51:31 PM |
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It will then rule the world world of finance. Blockchain technology is far better than centralized financial institutions. It is transparent, fast, immutable, economical etc. If cryptocurrency is adopted by all the countries, we the early adopters will benefit slots because our cryptocurrency assets will greatly appreciate.
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AniviaBtc
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April 05, 2021, 06:22:22 AM |
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Coming legal legit. So what's the next step once the cryptocurrency is legal?
First of all it will not be everywhere, because we all know that not all countries are friendly to cryptocurrencies. Another one important point - what to do or what you will be able to do with crypto, everything will depend on the concrete country and its laws and regulations, it will depend on what you will be allowed or not allowed to do. So it is a very wide question, and answers will very individual. The number 1 enemy of bitcoin is that others are still not believing on its existence in the market. There are still countries who are banning it and thinking that bitcoin doesn't have any value and it is only a tool for scammers to fool people. Regulation will really be the next problem once countries adopted cryptocurrencies in their market. Not all of them are knowledgeable and willing to invest on it so that's also a problem.
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Coinsfera
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April 05, 2021, 06:57:02 AM |
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Coming legal legit. So what's the next step once the cryptocurrency is legal?
To make it legal then every cryptocurrency owner has to declare that they have a specified number of cryptocurrencies. Being legal means having lots of regulations over cryptocurrency owners and cryptocurrency exchanges. Governments will not stop chasing cryptocurrencies until they fully control the ecosystem. If we pass this stage then governments may think of acquiring them as valid currencies. We have seen the attempts to adopt cryptocurrency applications by Mastercard and Visa. They have some huge plans about usage of cryptocurrencies. The wild adoption by those companies will increase the adoption.
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CryptocurencyKing
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April 05, 2021, 07:41:14 AM |
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Making cryptocurrency legal isn't going to change much towards the activities of buyers and sellers. It will just openn a medium for another means of payment and encourages people to go cashless. People could actually transact large somes with comfort. The point of sale or purchase machine now is rampant but, not every sales agent has one yet and as such, there is always going to be a fiat cash option available to sort other means that crypto could solve but won't be very convenient considering charge and timing. The world will be a lot more interesting then.
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Kittygalore
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April 05, 2021, 08:06:43 AM |
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I think that the next step when bitcoin becomes legal is going to be a lot of regulations and the price may or may not stabilize but it will still grow but this time it might be faster since the government itself has adopted cryptocurrency.
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maye5104
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April 05, 2021, 09:04:44 AM |
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Maybe cryptos will become something more than worthy but risky investment. We can't say crypto is really legal untill we use it eveyday.
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Pom_bensin
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April 05, 2021, 12:48:49 PM |
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Coming legal legit. So what's the next step once the cryptocurrency is legal?
The prediction after crypto becomes legal is that the commodity and crypto volume will increase. the use of crypto will be higher and also crypto can be one of the good uses in the payment system. so I think crypto in the future will still have the potential to become legal. but when the time is uncertain.
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Cryptoheavy
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April 05, 2021, 03:04:13 PM |
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I just have crypto visa card from ownr. That gives me more than enough in crypto spendings irl
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leea-1334
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April 05, 2021, 03:39:26 PM |
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Making cryptocurrency legal isn't going to change much towards the activities of buyers and sellers. It will just openn a medium for another means of payment and encourages people to go cashless. People could actually transact large somes with comfort. The point of sale or purchase machine now is rampant but, not every sales agent has one yet and as such, there is always going to be a fiat cash option available to sort other means that crypto could solve but won't be very convenient considering charge and timing. The world will be a lot more interesting then.
It will for companies and enterprise though. A lot of companies would just find it easier if things were regulated so they can pay their taxes and do their bank accounts properly. The fact that it is still very vague in a lot of countries means business still cannot fully embrace crypto for fear of legal repercussions later.
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BIT-BENDER
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April 11, 2021, 08:47:22 PM |
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Coming legal legit. So what's the next step once the cryptocurrency is legal?
It was actually legal in my country then some complication, still not clear the reason if it was a complete ban or temporary, but the only difference between the two times was the exchange conversion to Fiat -locally called naira- so I think but would still be the same just a bit more flexible when it crypto-currency is legal. Any other step may be from the government to find more crypto-currency friendly set ups.
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ene1980
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April 11, 2021, 11:49:09 PM |
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Coming legal legit. So what's the next step once the cryptocurrency is legal? As if Visa and Mastercard are government firms accepting them ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) . It is a business decision by these private firms and it is time they incorporate the cryptocurrency market as they do not want any new companies popping up overtaking their monopoly in the business model they created and for the cryptocurrency enthusiast it is a great news as these news will increase the adoption rate.
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MIner1448
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April 12, 2021, 09:06:23 AM |
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Coming legal legit. So what's the next step once the cryptocurrency is legal?
My personal opinion, if it is recognized, then immediately there will be no such interest in society. It is better for her that she remains in the state in which she is now. When the payment system (cards) was invented, there was a lot of hype around this, but then it just became a common thing.
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milani
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April 12, 2021, 11:53:50 AM |
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Coming legal legit. So what's the next step once the cryptocurrency is legal?
First of all it depends on concrete country and their inner policy - what concrete step as for the cryptocurrency they will accept and require from their citizens. But of course the official taxes and declaring will be implemented for crypto and may be some limits or something else. How do you think, what the government is interested mostly in?))) the other thing is what will do crypto holders in the situation with all the government's requirements. And I can assure you that it will not be totally and throughout the world.
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