Tigerheart3026
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November 17, 2021, 12:02:32 PM |
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for the quite popularity in the world wide, many countries are going on the way of legalizing as like as bitcoin has legal tender in el salvador in this year. government of my country is still really confused about btc legitimacy, so i do not think btc will be legal in my country anytime soon. btw expecting within last few years.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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bosede1
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November 17, 2021, 02:07:29 PM |
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I really want Bitcoin to be legal in my country(Nigeria). I don't see anything harmful about introducing it to the economy in anyway but the positive aspect. The government should even start from lifting the ban placed on its trade, this will be a good way to start
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Farma
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November 17, 2021, 04:20:39 PM |
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Bitcoin is legal already in my country although it is only allowed to be a digital asset for now. All business and activities related to Bitcoin are allowed, except using Bitcoin as a payment tool. Someday, I expect to see Bitcoin can be a payment tool as well in my country. I think it is possible if Bitcoin has been already an international payment tool. So, our government probably considers accepting it as a payment tool because it becomes an urgent need. Let's hope it really happens!! it's a very good support from the government if they legalize bitcoin. in my own country, bitcoin is legal as an investment tool if the commodity is clear. however, there are so many regulations in my country that push bitcoin, or cryptocurrencies in a negative way. in fact, many think crypto is a bad thing without them learning it first. however, this is still better than seeing bitcoin or crypto banned in my country.
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Falconer
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November 17, 2021, 04:37:07 PM |
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it's a very good support from the government if they legalize bitcoin. in my own country, bitcoin is legal as an investment tool if the commodity is clear. however, there are so many regulations in my country that push bitcoin, or cryptocurrencies in a negative way. in fact, many think crypto is a bad thing without them learning it first. however, this is still better than seeing bitcoin or crypto banned in my country. In Indonesia, the government has legalized crypto as a digital asset that can only be used for investment and trading need. I think you are Indonesian too and about this legality I also want to convey that Indonesia and its government prohibit crypto being used as legal tender, I think you have known this for a long time. So far I am haven't seen any sign that the Indonesian government want to change the regulation of crypto to this day and it is still illegal to use it as a currency. I haven't heard much pressure from some government agencies and bank to legalize crypto as a currency and this will probably last a long time without much change. But of course its legality as a digital asset has brought many profit to its users.
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StarKay
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November 17, 2021, 09:03:05 PM |
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I don't want the government to interfere with Bitcoin in any way, being legal or illegal means that the government has a level of control which is against the whole concept of decentralisation. Government should not control every aspect of our lives so I would not want them to legislate on Bitcoin.
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Rengga Jati
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November 17, 2021, 09:39:38 PM |
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I don't want the government to interfere with Bitcoin in any way, being legal or illegal means that the government has a level of control which is against the whole concept of decentralisation. Government should not control every aspect of our lives so I would not want them to legislate on Bitcoin.
But sometimes, we cannot be separated from the government rules when we are living in a country. Although we actually can do this with or without the rules because we can still approach Bitcoin. However, if a country really bans Bitcoin and other cryptocurrencies, it will really make the citizens have some limitations or feel so difficult to interact with crypto. In Indonesia, the government has legalized crypto as a digital asset that can only be used for investment and trading need. I think you are Indonesian too and about this legality I also want to convey that Indonesia and its government prohibit crypto being used as legal tender, I think you have known this for a long time. Yes exactly, and this has been on a rule in the country. Crypto is legal as a commodity asset, but not legal as a currency. We can still do investment and trading based on our own risks and that is why we must be more careful, smarter, and also wiser when going to invest or trade cryptocurrency. Although there is a bad issue right now about the statement from one of MUI branch in our country, but it seems that the statement still becomes a debate.
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Issa56
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November 17, 2021, 09:57:16 PM |
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I believe almost everybody will want bitcoin to be legalize in there country, actually lots of people are still against bitcoin which they don't believe in bitcoin and even government don't really believe in bitcoin because it is decentralized they dont have any control over it but to me the best thing that will happen to me now is legalizing bitcoin.
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imteaz
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November 18, 2021, 12:52:12 AM |
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It's big legal battle against the big bank and institution as well govt. But We all know that Bitcoin will come as winner soon or later, it could be 5 years or 10 years. Even though most of the countries bitcoin not legal but it's not illegal also kind of grey area.
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diahsw
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November 18, 2021, 03:20:59 AM |
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we are the same, because in my country bitcoin or crypto money is not legal. we are like rats who always hide to get. In fact, in my opinion, if my country accepts and approves bitcoin, it will have a positive impact on the trade sector, let alone export and import. But it can't be helped, we as good citizens must obey the existing regulations.
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deadmousehat
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November 18, 2021, 08:42:13 AM |
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there are already several countries that have legalized bitcoin and until now my country has not legalized bitcoin. i don't really care if bitcoin is legal or illegal in my country. Even with this situation, I am quite comfortable because I use bitcoin not for transactions but for investment.
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ropyu1978
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November 18, 2021, 10:45:01 AM |
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Of course we all also hope that how bitcoin can be legal in my country and can be shown publicly that bitcoin is a crypto-based investment so that there will no longer be negative opinions about bitcoin if bitcoin has become legal in a country, but for now we haven't been able to see the widespread adoption of bitcoin because bitcoin is still not legalized in my country
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BuNga_cute
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November 18, 2021, 11:25:21 AM |
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Of course we all also hope that how bitcoin can be legal in my country and can be shown publicly that bitcoin is a crypto-based investment so that there will no longer be negative opinions about bitcoin if bitcoin has become legal in a country, but for now we haven't been able to see the widespread adoption of bitcoin because bitcoin is still not legalized in my country
I'm sure every member of this forum who invests in Bitcoin would want Bitcoin to be legal in their country, because by being legal in our respective countries, we can be more calm and proud to use Bitcoin. But I am grateful that my country has legalized Bitcoin, even if it is only as a digital asset. Unfortunately in my country even though Bitcoin is legal as a digital asset, there are still some people who view Bitcoin negatively. I still really hope my country can legalize Bitcoin entirely, so that I can use Bitcoin as a means of payment. I don't know which country you are from, but I hope your country's government can change its mind and legalize Bitcoin. As more and more countries legalize Bitcoin, there will be massive adoption and it will happen in the future. Now the development of Bitcoin is quite rapid, there are countries that have legalized Bitcoin as a legal tender, hopefully many other countries soon follow to legalize Bitcoin as a legal tender too.
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Luzin
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November 18, 2021, 12:09:52 PM |
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I'm sure every member of this forum who invests in Bitcoin would want Bitcoin to be legal in their country, because by being legal in our respective countries, we can be more calm and proud to use Bitcoin.
My country grants Crypto legal permission only as an asset, not as a means of payment. That alone has made me very happy. I am very confused if my country will ban all crypto-related activities. My country making it legal within commodity limits has provided enough room for traders to improve their financial. I didn't expect more, the space given in my country was already huge. But if later they will legalize of course I would be happy, maybe legal as a means of payment but there will be even stricter regulations if that happens.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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haasanjui
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November 18, 2021, 05:36:43 PM |
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Every succesful country people wanna see Bitcoin legal in there country. It is new and digital currency and educated people know that and they are giving priority to it.
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taufik123
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November 18, 2021, 06:46:29 PM |
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Every succesful country people wanna see Bitcoin legal in there country. It is new and digital currency and educated people know that and they are giving priority to it.
Bitcoin or cryptocurrency in a country may have legalized it. But the meaning of legal in crypto will not be completely legal. Because some developing countries only legalize crypto only as a commodity asset and are not allowed as legal tender like FIAT. Countries that actually legalize Crypto or bitcoin are starting to adopt and provide bitcoin payment options for transactions made in their country. An example is El Salvador. Legal does not mean free, there will definitely be restrictions and some adjusting rules.
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Slow death
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November 18, 2021, 08:11:11 PM |
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for the quite popularity in the world wide, many countries are going on the way of legalizing as like as bitcoin has legal tender in el salvador in this year. government of my country is still really confused about btc legitimacy, so i do not think btc will be legal in my country anytime soon. btw expecting within last few years. The countries that legalized bitcoin are few, I've only seen El salvador and japan if I remember correctly, other countries are neutral and some have banned bitcoin so it's normal that in your country they still haven't legalized bitcoin, I think when countries like them US legalize bitcoin so all other countries started to follow the same path. other countries are just watching the steps the big countries will take in relation to cryptocurrencies
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Murtaza345
Jr. Member
Offline
Activity: 546
Merit: 1
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November 18, 2021, 09:45:03 PM |
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Of course, because it is necessary to legalization of bitcoin in my country,and I know one day my country must legalizebut I want it to be as soon as possible.and this will be good thing for my country ,not only for my country but All world Will get benifit by bitcoin because the bitcoin will be second popular currency.
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Mahanton
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November 18, 2021, 09:59:42 PM |
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Of course, because it is necessary to legalization of bitcoin in my country,and I know one day my country must legalizebut I want it to be as soon as possible.and this will be good thing for my country ,not only for my country but All world Will get benifit by bitcoin because the bitcoin will be second popular currency.
It would be such a great convenience if we do see that crypto is legal on the country on where we do live in.You wouldnt really be that mindful or would be hesitated when dealing with crypto if you do know that is legalized on your country which means you could freely make out some engagement without minding about bans and prohibitions but well this is something that cant be possible on any country because government itself would be the ones who do make out such decisions and for now the only thing we could do is to wait up until that happens but actually we could still make out some engagement because not all had made out their decision yet.
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Ryker1
Sr. Member
Offline
Activity: 1918
Merit: 442
Eloncoin.org - Mars, here we come!
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November 18, 2021, 10:21:47 PM |
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Of course, because it is necessary to legalization of bitcoin in my country,and I know one day my country must legalizebut I want it to be as soon as possible.and this will be good thing for my country ,not only for my country but All world Will get benifit by bitcoin because the bitcoin will be second popular currency.
Well on my side, I don't want legalization but I like my country towards crypto or bitcoin treatment --they don't want to legalize it but they quite keep not telling to these people. Besides, they acknowledge that bitcoin is an alternative payment system and also it has a high risk upon investing in it. Because when we are talking about legalization, they have full control of your asset, you are enforced to pay tax, and others that make the crypto becomes legal.
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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TheNineClub
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November 18, 2021, 10:47:31 PM |
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It's not just about it being legal, it's about it being recognized. Losing its stigma and being recognized as a solid investment and a great idea, and will in turn prompt the government to make withdrawing BTC easier and safer. It's not illegal in my country, it's just discouraged, and that is a huge issue on its own.
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