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Author Topic: Do you want to see Bitcoin legal in your country?  (Read 1470 times)
stadus
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October 11, 2021, 11:43:30 AM
 #141

Of course, I want to see Bitcoin legal in my country. There are huge financial problems & unemployment in my country and Bitcoin will work as relief for these problems. It will provide an opportunity for young and old to do something to improve their economy. And with hard work, study and after getting experience they will able to do much better to run their home economy.
Once bitcoin will become legal in your country, a lot of opportunities will come for the people to help, of course, it could help to reduce unemployment as it will create more job opportunities. Look at El Salvador, they are very supportive of the business in their country and they like them to accept bitcoin, and if that will happen, adoption will increase and the economy will grow.

The positive effect may not be abrupt, but slowly it will grow as adoption increases.

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October 11, 2021, 12:41:23 PM
 #142

In my country Philippines, we are considered as one of the most friendly out there despite that it’s not personally endorsed by the central bank. In other words, it’s neither legal nor illegal and already classified as a security. Unionbank, which is one of the most outstanding banks in the country, has it’s own government-regulated crypto ATM, the first in the history of this country. So far no problems here, it’s just that some Philippine-based banks are anti-crypto like BDO, BPI and RCBC.

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October 11, 2021, 12:53:58 PM
 #143

I don't really care about bitcoin being legal or illegal in my country. The important thing is that we are not prohibited from transacting and investing in bitcoin. I'm actually less optimistic if bitcoin will be legal in our country. What is clear is that there will be many rules that in my opinion reduce the space for bitcoin investors. And our freedom will obviously be limited . So the most important thing for us is not being banned, that's enough.

I think the beautiful thing about bitcoin is that no matter how hard the governments try to stamp it out of existance or regulate it, all attempts have failed and will fail. You can't stop the bitcoin train!

It was time to take the concept of money out of the hands of the corrupt bankers and politicians! And we did so, or at least, Satoshi Nakamoto did. The governments had too much power over us and had to be taken down a peg. Grin

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October 11, 2021, 01:19:05 PM
 #144

Definitely yes. This can give development to both the country and the freedom to work with bitcoin in this country.
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October 11, 2021, 02:27:37 PM
 #145

It depends if the government in the country we live in has thoughts like in El Salvador. But the fact is not, still has the shadow that Bitcoin is a threat to state finances and forces the printing of money to be bigger. I don't care about the country's point of view why they think that way. What I hope is that it is illegal or impossible that there will be a time when the current of technological sophistication requires people to use digital payments as well as other payment alternatives other than CBDC.

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October 11, 2021, 02:52:46 PM
 #146


Of course, I want to see Bitcoin legal in my country. There are huge financial problems & unemployment in my country and Bitcoin will work as relief for these problems. It will provide an opportunity for young and old to do something to improve their economy. And with hard work, study and after getting experience they will able to do much better to run their home economy.
Once bitcoin will become legal in your country, a lot of opportunities will come for the people to help, of course, it could help to reduce unemployment as it will create more job opportunities. Look at El Salvador, they are very supportive of the business in their country and they like them to accept bitcoin, and if that will happen, adoption will increase and the economy will grow.

The positive effect may not be abrupt, but slowly it will grow as adoption increases.

months had past already since the time countries like Panama or Brazil show interest in making BItcoin a legal tender but there are no new updates from thise countries.

it really helps the ammendment when the president has the political will like Bukele. if they don't have it, decisions are affected by influencial people who are against BTC adoption.









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October 11, 2021, 03:28:48 PM
 #147

To be honest i really want Bitcoin adoption in my country Nigeria and this has been the same ideal mindset of the teaming youths, its what we crave for but its unfortunately that our leaders does not see the future we had in it together with us, instead placing a ban, even twitter is currently on ban but we believe that in due time things will come to normalcy.

Bitcoin invention has brought in lots of opportunities to enable the previledge and interested ones to emerge out of the economic melt down and cramps, this could increase the Independency of businesses, organizations and individuals interest and value in financial related service thereby help in the stability of the economy as there will not be hoading, inflation and regulation embargo from constitututed authority (government).

Also, it was believed by some countries with the mentality that Cryptocurrency is one of the criminality elements to increase cyber crime and social vices as several people have been scammed through the platforms and of which the main intent for Bitcoin is decentralization and currency exchange with ease at a faster speed incurring low transaction fee.
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October 11, 2021, 06:46:29 PM
 #148

Well, in our country, Crypto is somehow in the middle. It's not that literally legal but at the same time is not illegal. Our Government has just released a statement to be cautious in transacting Bitcoin/Crypto, by just that they are implying that we can freely trade but there's no actual law somehow to protect and regulate the latter. In addition, they also said that they will not recognize Bitcoin as a currency but not prohibiting to use.
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October 11, 2021, 06:52:31 PM
 #149

Yes I really want Bitcoin to be legalize in my country because of the trust I have in cryptocurrency, Bitcoin has been the main token in crypto that influence and control other altcoins so if it's legal in my country I will be very happy.

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October 11, 2021, 07:16:57 PM
 #150

Bitcoin is still legal in many countries and illegal in many countries. Do you want, Bitcoin to be legal in your country? 
Do you feel the need to legalize Bitcoin in your country?
Are your ideas about Bitcoin positive or negative?
What is your personal opinion about this?
What do you think, if bitcoin is legalized in your country, the country will be improved or will be damaged?
I definitely want Bitcoin to be legal in my country, and I feel the need to make Bitcoin legal in my country.

Of course, Bitcoin should be legal in all countries. Why wouldn't it be? After all, it is banned only by totalitarian countries that fear that they will lose control over their citizens finances.
Bitoin is financial freedom for many people, and governments of many countries do not want their citizens to have too many options. Fortunately, technology is moving forward every day and legal regulations related to crypto will have to follow.

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October 11, 2021, 07:41:46 PM
 #151

Well it will really be a very good development if bitcoin is fully legalize in almost all countries in the world. Though my if my country legalize bitcoin, it will have a very huge impact in crypto in general this because many people willing to trade bitcoin and also involve in cryptocurrencies will have the zeal to dot with passion. So it will be a plus if bitcoin is legalize in my country and many people will be encouraged to learn more about bitcoin.

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October 11, 2021, 08:27:49 PM
 #152

Bitcoin is not legalized in my country. But if the government can make it legalized in the country, it will improve the economy the covid-19 virus has collapsed during the pandemic. It will reduce the number of unemployment in the country, if the government can make it legalized.
Many companies are waiting for the government to legalized bitcoin in the country for them to start  using it to improve their resources in the community. It will be a welcome development to the citizens in the country, if the government can make it legalized in the country. Many businesses will improve and many citizens will beginning to improve in the societies, if bitcoin is finally legalized in the country.

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October 12, 2021, 07:38:44 AM
 #153

I don't want bitcoin legal in my country because there are many factors to think about what if the currency in my country dies and there is no price, for example, to buy one pen, I have to bring a lot of money and those who hold bitcoins will be taxed the more you hold bitcoin, the more taxes you have to spend. I am very comfortable in my country even though it is not legalized at least my assets are not taxed and I am still free and not penalized.

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October 12, 2021, 10:16:15 AM
Last edit: October 13, 2021, 05:30:26 AM by ifarted
 #154

Other countries are banned but in my country, bitcoin and crypto are neither legal nor illegal. So far bitcoin has given a lot of impacts on the society and improvement of our economy which is a good thing. People who are unemployed, a student, a person who wasn't able to get college degree and those that needed money for livelihood will be given a chance to earn through crypto. Bitcoin has given us a lot of opportunities.

That is why i'm glad and thankful that bitcoin is not banned in my country. It truly helps us a lot.

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October 12, 2021, 10:30:43 AM
 #155

Bitcoin is still legal in many countries and illegal in many countries. Do you want, Bitcoin to be legal in your country? 
Do you feel the need to legalize Bitcoin in your country?
Are your ideas about Bitcoin positive or negative?
What is your personal opinion about this?
What do you think, if bitcoin is legalized in your country, the country will be improved or will be damaged?
I definitely want Bitcoin to be legal in my country, and I feel the need to make Bitcoin legal in my country.
the question is this , Does anyone of us don't want this to happen? knowing that we are all aspiring here to find bitcoin being legally adopted and used.
there are only one country now that has this completely legalization but i know that my country is now also looking at this also.
there have a politicians that pushing this though not adoption but completely legalized.

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October 12, 2021, 12:43:38 PM
 #156

I don't really care if they will legalize Bitcoin here in our country or not.
If it will be legalized then well and good but if the opposite will happen, still its ok because there are many ways to have access to crypto.

TBH, our country isn't doing that much when it comes to crypto. They are allowing us to use it but they are spreading awareness against scams and prevention from hacking which is really a good thing if you will ask me. To answer your question, I don't want Bitcoin to get legalized or the opposite here in our country Cheesy.

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October 12, 2021, 12:50:15 PM
 #157

Bitcoin is still legal in many countries and illegal in many countries. Do you want, Bitcoin to be legal in your country? 
Do you feel the need to legalize Bitcoin in your country?
Are your ideas about Bitcoin positive or negative?
What is your personal opinion about this?
What do you think, if bitcoin is legalized in your country, the country will be improved or will be damaged?
I definitely want Bitcoin to be legal in my country, and I feel the need to make Bitcoin legal in my country.

Thankfully, bitcoin is still not criminalized in most countries. While some countries seem ready to start embracing it, others are showing resistance. In Europe, even though the European Central Bank, has sent out a few alerts regarding cryptocurrencies, we still have financial freedom and there is no regulation in place. In my country only now the government is starting to be aware of this new technology, but up until now, no stifling laws have been passed. I hope it stays that way.
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October 12, 2021, 01:19:30 PM
 #158

Bitcoin is still legal in many countries and illegal in many countries. Do you want, Bitcoin to be legal in your country? 
Do you feel the need to legalize Bitcoin in your country?
Are your ideas about Bitcoin positive or negative?
What is your personal opinion about this?
What do you think, if bitcoin is legalized in your country, the country will be improved or will be damaged?
I definitely want Bitcoin to be legal in my country, and I feel the need to make Bitcoin legal in my country.

Thankfully, bitcoin is still not criminalized in most countries. While some countries seem ready to start embracing it, others are showing resistance. In Europe, even though the European Central Bank, has sent out a few alerts regarding cryptocurrencies, we still have financial freedom and there is no regulation in place. In my country only now the government is starting to be aware of this new technology, but up until now, no stifling laws have been passed. I hope it stays that way.

Only few have legalized crypto but most of them are simply unable to understand crypto and hence they are not clear whether they should allow crypto or ban it. They are just silence in this matter.  The government officials think that if they allow crypto, they wont be able to control the money flow. This lack of understanding is a big hurdle in legalizing crypto.

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October 12, 2021, 03:53:51 PM
 #159

Bitcoin is still legal in many countries and illegal in many countries. Do you want, Bitcoin to be legal in your country? 
Do you feel the need to legalize Bitcoin in your country?
Are your ideas about Bitcoin positive or negative?
What is your personal opinion about this?
What do you think, if bitcoin is legalized in your country, the country will be improved or will be damaged?
I definitely want Bitcoin to be legal in my country, and I feel the need to make Bitcoin legal in my country.

Thankfully, bitcoin is still not criminalized in most countries. While some countries seem ready to start embracing it, others are showing resistance. In Europe, even though the European Central Bank, has sent out a few alerts regarding cryptocurrencies, we still have financial freedom and there is no regulation in place. In my country only now the government is starting to be aware of this new technology, but up until now, no stifling laws have been passed. I hope it stays that way.

Its only a matter of time, until the question of whether it should be legal or not is out of the hands of the government, I would say.

It all just depends on the rate of adoption. If everyone decides to end the corrupt fiat system and go towards the new money, aka bitcoin, then how is the government going to stop everyone?

Bitcoin is coming, whether the government wants it or not.

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October 13, 2021, 04:33:57 AM
 #160

Other countries are banned but in my country, bitcoin and crypto are neither legal nor illegal. So far bitcoin has given a lot of impacts on the society and improvement of our economy which is a good thing. People who are unemployed, a student, a person who wasn't able to get college degree and those that needed money for livelihood will be given a chance to earn through crypto. Bitcoin has given us a lot of opportunities.

That is why i'm glad and thankful that bitcoin are not banned in my country. It truly helps us a lot.

I agree with you, despite the fact that Bitcoin is illegal in my country, it has had a great impact on the development of my country's economy, which is a good thing. I love Bitcoin. I want Bitcoin to be legal in my country as well as in other countries.

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