Questat
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October 06, 2021, 03:11:14 PM |
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I do not feel the "need", because surely the government will take regulations after that legalization and I do not want government to ever touch, know nor see the Bitcoins I am holding. Making it illegal would just make the usual transactions hard, since I might need other people around me to either trade or pay something to them. That regulation is usually what we think when it was legalized by the government but I hope they will just be fair for the user and implementing rules that both the government and the users/investors will agree. That is somewhat a sort of market adjustment but this is could protect the merchants and once it was legalized, we never know many establishments will start to accept Bitcoin as they know that there is a law that could help them. So definitely, I wanted to be legalized and see our freedom to use whatever we want but it was for legal purposes only.
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Dewi Aries
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October 06, 2021, 03:40:55 PM |
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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.
Already glad bitcoin in my country still not regulated, i mean it not illegal but there are no regulation with it and people still can use it as an assets. There are a lot of local exchanges from centralized until p2p services in my country and bitcoin really have a lot of support. I think i already satisfied with it because to payment, we people still can use fiat without any problem with it.
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noormcs5
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October 06, 2021, 04:40:49 PM |
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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.
I think everyone here on the forum will like to see bitcoin legalized not only in their country but globally. Right now, since its not legal or illegal in my country there is always a fear that government may take any negative decision on bitcoin. This so called "No Status' of bitcoin also discourages people to buy and invest in bitcoin because they are not sure of its future. If bitcoin was legalized, there could have been much more usability and awareness about it among the people.
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perfect999
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October 06, 2021, 08:37:12 PM |
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Legalization in my country will only serve as an advertisement for the nation. We are free to do what ever we want with it with no regulation and possible ban. However due to this, scam is very prone specially to the newbies. Its sad that only few are gaining interest in crypto and they are focusing in other things. If BTC become legal, I hope many of our citizen will be knowledgeable about it.
Currently, many peoples want its become legal in their country, but sadly it's not going to happen just because of corrupt system and too many hurdles which helping authorities to do not legal but still we are able to use this in many ways. If we have this legal in next few months then still it's good because now people's trying to understand and having knowledge about this which is very helpful for community. Now we need to provide some best ways for spreading this easily because for better results we must assure peoples having all information about this.
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Murtaza345
Jr. Member
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October 06, 2021, 09:01:42 PM |
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Yes and of course not only me but oll of my country,s online traders want it. because its will not only give me profit but also its better for country,s economy.Let me explain how it will benefit our country first and big benefit is it the bitcoin traders will pay the tax on every transaction ,and think how Many transaction will be in a single day that's why we all want and its our demand to legalization bitcoin in our country.
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Novice08091
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October 06, 2021, 10:23:56 PM Merited by Symmetrick (1) |
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Yes I will love too but it being ban in my country due to some issues which people using it to laundering money mostly the government in my country was now corrupt using bitcoin for there bad things, now it being but the truth there is that i will be happy if bitcoin can be legally back in my country it will help the economy but the bad people there is the problem using it as there own interest.
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Rengga Jati
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October 06, 2021, 10:38:25 PM |
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-snip-
Bitcoin (and cryptocurrency) is LEGAL in my country, as a commodity asset, to trade or invest. But, cryptocurrency is still not legal as a currency in my country. Moreover, the government said that crypto will not be legal as a currency in my country even 10 years later. Because we have our official currency and it is based on the law and regulation. They said that crypto is difficult to regulate and we cannot regulate, control it, and also has some risks if using them as a legal currency. Well, whatever it is, that's no problem for me personally. As long as they legalize Bitcoin and all cryptos even only as commodity assets, we can still enjoy crypto, by trading or investing in them. And I can also find several legal exchanges in my country under the country's regulation and laws.
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Ziskinberg
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October 06, 2021, 11:00:00 PM |
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Yes and of course not only me but oll of my country,s online traders want it. because its will not only give me profit but also its better for country,s economy.Let me explain how it will benefit our country first and big benefit is it the bitcoin traders will pay the tax on every transaction ,and think how Many transaction will be in a single day that's why we all want and its our demand to legalization bitcoin in our country.
It is not just wanted to earn more profit why we've asked for legalization but it was because we wanted safety and security assurance which the government will be able to protect all declared users and investors like you. Legalization will also enhance our trust and confidence that Bitcoin will have room to consider as another form of payment other than the usual fiat, credit, and debit cards we use before. And lastly, we don't have any fear of using it, unlike the other countries who got in jail using Bitcoin.
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osasshem
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October 06, 2021, 11:00:09 PM |
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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.
Whether Bitcoin or crypto currency ban or not, the use of crypto currency has ever been outside and without the concern of governmental bodies, making it decentralized and which makes it uniques in its form of currency and use. The moment at which it becomes centralized and regulated by the government, it will have to lose most of its features and the monitoring of transactions will be in place. On the bright side, the acceptance of Bitcoin is a very good development because it will totally help the financial status and state of a country(ies). If Bitcoin and all crypto currencies can be monitored and traced from the source to the destination, and the taxation of every transaction is successfully captured for every citizen, then the use of Bitcoin and crypto currency may fade away as it is becoming a native currency. I won't really want it to be legal, but free to be used by anyone anywhere without restrictions of any kind, which was it's initial form of creation.
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Shenzou
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October 06, 2021, 11:14:34 PM |
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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.
In my opinion i feel like bitcoin should just stay the way it is, not having any law that prevent its use, because not only governments will be using it to force investors to pay taxes, but they will be able to track who is using bitcoin in the country an information that otherwise they are not able to have, which makes using crypto as good as having fiat.
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PhucS
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October 07, 2021, 09:17:11 AM |
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Of course, I want Bitcoin to be legalized in my country, and I believe there are many other people who want this to happen as well. There are many people interested in Bitcoin and crypto market in my country. The government still doesn't have any specific legalization laws, but they also don't ban people from using crypto, things are still unclear. Hopefully with the popularity and value of crypto, it will soon be legalized in many countries
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buwaytress
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October 07, 2021, 10:04:39 AM |
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Always a double edged sword, I would say, amd always dependent on the country and context. Definitely would welcome some sort of recognition or at the very least, an indication of tolerance toward crypto.
But all out regulation generally, not going to benefit regular Joes and that's who I and most people are going to remain for the long foreseeable future...
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Rampagoe004
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October 07, 2021, 12:07:15 PM |
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For now giving legality to bitcoin is the right choice, because bitcoin is a very profitable future asset for a country, if we already know the use of crypto of course we really hope our country has legalized bitcoin, because with the legality of the country then we are safer in making investments, and countries that have legalized bitcoin at this time there are no complaints and I am sure they will definitely benefit to add to the country's assets.
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glendall
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October 07, 2021, 12:56:35 PM |
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actually if bitcoin is legal in a country, it will make it more difficult for the owner, there is a lot of tax to be paid from this virtual investment especially the bitcoin value is quite high, (not that I don't obey taxes) because I see sometimes the income tax we pay is not right the target is difficult to explain the state of a country when talking about tax issues The point is I'm better off illegal like this than legal as long as I can make transactions, if I can't make transactions there is still another way, namely using p2p
just my opini about actually if bitcoin is legal in a country, it will make it more difficult for the owner, there is a lot of tax to be paid from this virtual investment especially the bitcoin value is quite high, (not that I don't obey taxes) because I see sometimes the income tax we pay is not right the target is difficult to explain the state of a country when talking about tax issues The point is I'm better off illegal like this than legal as long as I can make transactions, if I can't make transactions there is still another way, namely using p2p
just my opini about bitcoin legalization in my country
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Kong Hey Pakboy
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October 07, 2021, 01:16:13 PM |
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Yes, I mean who doesn't want to? Having a legal status means that you're not to be worried about law because it's on your side and at the same time you're protected since they recognize bitcoin or better yet crypto as a legal thing.
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GatotKaca
Sr. Member
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Seabet.io | Crypto-Casino
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October 07, 2021, 01:32:13 PM |
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Yes, I mean who doesn't want to? Having a legal status means that you're not to be worried about law because it's on your side and at the same time you're protected since they recognize bitcoin or better yet crypto as a legal thing.
because the legalization of bitcoin in all countries means it will help the growth of the crypto market as a whole. although currently, all countries can access crypto and bitcoin, in reality, several governments block crypto and its use. the effect may not be that big, but after all, some people who do benefit from the crypto industry will become victims. the government must think about how the best regulations will protect the interests of the country as well as its population.
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ethereumhunter
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October 07, 2021, 01:34:44 PM |
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For now giving legality to bitcoin is the right choice, because bitcoin is a very profitable future asset for a country, if we already know the use of crypto of course we really hope our country has legalized bitcoin, because with the legality of the country then we are safer in making investments, and countries that have legalized bitcoin at this time there are no complaints and I am sure they will definitely benefit to add to the country's assets.
But it is not easy for the government to giving legality to bitcoin because they can not control bitcoin. Maybe they need more time to learn about what benefits bitcoin has to their country and maybe they need to read about what their people want from bitcoin. I think it needs more discussion to all government officials to know that bitcoin can give benefits to their country. Having legality in a country really means for bitcoin, especially for the people because they will feel safe using bitcoin.
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dothebeats
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October 07, 2021, 02:35:22 PM |
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Of course, since the legal status of bitcoin and crypto in my country will certainly bring about adoption and awareness about the existence and the utility of cryptocurrencies. It will be a long and winding journey towards legalization but we'll get there, slowly but surely. Right now, the government is already assessing and conducting researches on cryptocurrencies, though they still warn the masses to stay vigilant and exercise due diligence when it comes to cryptocurrencies. It's a small step, at least they are already aware of bitcoin and crypto, but it's still a long way to go.
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Luzin
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October 07, 2021, 02:53:58 PM |
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It's a small step, at least they are already aware of bitcoin and crypto, but it's still a long way to go.
Yes, of course, because big changes start from small things. Some people in my country are starting to shift their views from stocks to crypto. They are attracted by the value of bitcoin which has increased so much. Giving space to crypto players in my country is open and regulated, only used as an asset not for payments. At least this is better because it is very visible that the government is supportive about crypto. Seeing that, I am very happy, especially if later crypto can be used as a means of payment, it is very extraordinary.
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Shasha80
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October 07, 2021, 03:08:09 PM |
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For now giving legality to bitcoin is the right choice, because bitcoin is a very profitable future asset for a country, if we already know the use of crypto of course we really hope our country has legalized bitcoin, because with the legality of the country then we are safer in making investments, and countries that have legalized bitcoin at this time there are no complaints and I am sure they will definitely benefit to add to the country's assets.
But it is not easy for the government to giving legality to bitcoin because they can not control bitcoin. Maybe they need more time to learn about what benefits bitcoin has to their country and maybe they need to read about what their people want from bitcoin. I think it needs more discussion to all government officials to know that bitcoin can give benefits to their country. Having legality in a country really means for bitcoin, especially for the people because they will feel safe using bitcoin. It does take time for the government to consider legalizing Bitcoin or not, because Bitcoin is a new technology that must be learned first. So it makes a lot of sense if there are countries that accept Bitcoin in a gradual way, meaning that the country's government only allows Bitcoin as a digital asset and prohibits using it as payment. Because the government needs careful consideration and also wants to monitor first the impact that Bitcoin has on society. But I believe the countries that legalize Bitcoin will continue to grow, if our country of residence has not legalized Bitcoin, we just need to be patient. Because in the future there is a possibility that Bitcoin can be accepted by the majority of countries in the world.
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