If bitcoin will accepted worldwide for legal then price rising $100k??

[nimogsm]

First you have to explain in detail the meaning of BTC being legally accepted, accepted as an investment vehicle or as a means of payment? If it is accepted as an investment vehicle or digital asset, maybe this makes sense and in the future there will be regulations governing this issue. but if it is accepted as a means of payment, this seems impossible because it is impossible for there to be any other legal means of payment other than fiat currency.

I think the problem will even be from the laws and legal force in each country,since the laws are very different in the countries and finding a solution that will suit absolutely everyone will be unrealistic.I think for any user the most important thing is an exchange in two directions, and the laws and loyalty of the state are not so important.

[1715524185]

1715524185

[bestcoins1]

I think the problem will even be from the laws and legal force in each country,since the laws are very different in the countries and finding a solution that will suit absolutely everyone will be unrealistic.I think for any user the most important thing is an exchange in two directions, and the laws and loyalty of the state are not so important.

All problems will always have a better solution when everyone is so aware of the laws and regulations in their respective countries, because in all countries there are always exchanges that have permission to operate smoothly enough so that it will not be difficult for those who want to accept Bitcoin like like receiving fiat money in life. So there is no need to worry about laws because when all countries and all people have accepted Bitcoin equally in their lives, of course there will also be special laws against it.

[erep]

I think the problem will even be from the laws and legal force in each country,since the laws are very different in the countries and finding a solution that will suit absolutely everyone will be unrealistic.I think for any user the most important thing is an exchange in two directions, and the laws and loyalty of the state are not so important.

All problems will always have a better solution when everyone is so aware of the laws and regulations in their respective countries, because in all countries there are always exchanges that have permission to operate smoothly enough so that it will not be difficult for those who want to accept Bitcoin like like receiving fiat money in life. So there is no need to worry about laws because when all countries and all people have accepted Bitcoin equally in their lives, of course there will also be special laws against it.

Each country has different legal regulations that regulate cryptocurrency users as a tool for investment and even make bitcoin a legal means of payment, but some countries regulate strict regulations for cryptocurrency or even prohibit it for any purpose of use. However, overall cryptocurrency developments are very positive because relatively all countries have made a positive approach to accepting bitcoin despite implementing strict restrictions so that it does not displace legal currency.

The government has considered regulations to give operational permits to exchanges that have relatively large volumes, they see the high tax revenue side of exchanges so they are implementing new regulations to allow crypto exchange operations even though the regulations are only to regulate asset exchanges and for investment, but this is only initial stage to grow more of the population using bitcoin globally.

[flyingcarpet]

I think the problem will even be from the laws and legal force in each country,since the laws are very different in the countries and finding a solution that will suit absolutely everyone will be unrealistic.I think for any user the most important thing is an exchange in two directions, and the laws and loyalty of the state are not so important.

All problems will always have a better solution when everyone is so aware of the laws and regulations in their respective countries, because in all countries there are always exchanges that have permission to operate smoothly enough so that it will not be difficult for those who want to accept Bitcoin like like receiving fiat money in life. So there is no need to worry about laws because when all countries and all people have accepted Bitcoin equally in their lives, of course there will also be special laws against it.

Each country has different legal regulations that regulate cryptocurrency users as a tool for investment and even make bitcoin a legal means of payment, but some countries regulate strict regulations for cryptocurrency or even prohibit it for any purpose of use. However, overall cryptocurrency developments are very positive because relatively all countries have made a positive approach to accepting bitcoin despite implementing strict restrictions so that it does not displace legal currency.

The government has considered regulations to give operational permits to exchanges that have relatively large volumes, they see the high tax revenue side of exchanges so they are implementing new regulations to allow crypto exchange operations even though the regulations are only to regulate asset exchanges and for investment, but this is only initial stage to grow more of the population using bitcoin globally.

We always have to be careful about the laws, so things that are allowed now might not be allowed in the future, which could prevent a lot of things. So it's always more beneficial and future-oriented to develop things within the law and spread them to users without ignoring the law.

As Bitcoin develops and the number of users increases, governments will not remain indifferent. They will make laws or decisions about Bitcoin, which will accelerate Bitcoin development. The problem is that not every country will take the same decisions. But I think most of them will have a positive attitude.

[tbterryboy]

Each country has different legal regulations that regulate cryptocurrency users as a tool for investment and even make bitcoin a legal means of payment, but some countries regulate strict regulations for cryptocurrency or even prohibit it for any purpose of use. However, overall cryptocurrency developments are very positive because relatively all countries have made a positive approach to accepting bitcoin despite implementing strict restrictions so that it does not displace legal currency.

The government has considered regulations to give operational permits to exchanges that have relatively large volumes, they see the high tax revenue side of exchanges so they are implementing new regulations to allow crypto exchange operations even though the regulations are only to regulate asset exchanges and for investment, but this is only initial stage to grow more of the population using bitcoin globally.

It looks like there aren't that many nations who are totally against it, the only one that is sort of known is China, because they can't control it, but if what happened to Russia ends up happening to China (sanctions) then I bet that they will try to use crypto and will enjoy it as well.

I get that some people may not prefer that, like dictator in China would not want something like that and will try his hardest to get rid of sanctions, but meanwhile they have one they will use bitcoin without a doubt, to be fair they will do whatever in their power to not do that. That's what the Russia vs Ukraine war helped with the world, if it had any type of benefit at all, it was all showing the world we will not stand down if our enemies started to attack our friends.

[YUriy1991]

If btc is legally accepted in all countries then huge number of investors will increase. and the use of btc in various fields will increase.

what is your opinion about this?

In general, if we invest with BTC, we can make a lot of money quickly but provided that it is properly managed. Yes, a good understanding from you. I think that's exactly right and that's how it will happen if it goes according to plan and what we will see will always happen always Buy, sell, send and receive bitcoin.

Essence If more people use it and for this reason the price increases but must remember to Bitcoin prices are highly dependent on several factors such as market volatility, international prices and supply levels.

[bitterguy28]

If btc is legally accepted in all countries then huge number of investors will increase. and the use of btc in various fields will increase.

what is your opinion about this?

For a while , you don't have to look at that perspective that the world is accepting bitcoin but still you can expect bitcoin reaching that price value , maybe not this Halving( if there are lots of hindrances) but in the next halving even without that acceptance mate.
which I mean we are not expecting that to come anytime soon or will never forever because each countries has their views and target for their people , but the price of bitcoin will always seek for higher positioning each 4 years cycle so look at the bright side.

[Reatim]

If btc is legally accepted in all countries then huge number of investors will increase. and the use of btc in various fields will increase.

what is your opinion about this?

That should be a big movement for every government but I am certain this will not come sooner because there are even other countries that has Banning  rules against bitcoin as they are questioning the capability and the decentralization of the coin in which did not goes towards their policy and targets.

First you have to explain in detail the meaning of BTC being legally accepted, accepted as an investment vehicle or as a means of payment? If it is accepted as an investment vehicle or digital asset, maybe this makes sense and in the future there will be regulations governing this issue. but if it is accepted as a means of payment, this seems impossible because it is impossible for there to be any other legal means of payment other than fiat currency.

I believe that once Bitcoin is accepted as investment materials then being accepted as payment will follow because it is not for government to decide who will accept bitcoin but it is from the business sectors(or some government transactions of course)

[danadc]

What I believe is something very possible, so let's imagine that bitcoin is accepted worldwide as another currency, no, it will not be worth 100 thousand USD, I think the value would be incalculable, because only the fact that they use it as a currency to pay anything without taxes, without persecution on the part of the governments, because that can reduce a price without exaggeration of $1Million, because people are like that, they all act on the safe side, and when they are told that something is safe, they all pounce on it, like this That wouldn't be bad, I know it's an exaggerated figure, but you have to see what the people are like, everyone will want to have Bitocin and the wealthiest will buy everything they can just to show it off.

I can't buy 1 bitcoin because the truth is it's money I don't have, my job doesn't give me enough for that, but when I can I buy a little at a time, it's insignificant, in fact I know how much I buy, well it's a shame, but that's how little by little it becomes It fills the glass, from gothic to gothic.

[Fatunad]

I think the problem will even be from the laws and legal force in each country,since the laws are very different in the countries and finding a solution that will suit absolutely everyone will be unrealistic.I think for any user the most important thing is an exchange in two directions, and the laws and loyalty of the state are not so important.

All problems will always have a better solution when everyone is so aware of the laws and regulations in their respective countries, because in all countries there are always exchanges that have permission to operate smoothly enough so that it will not be difficult for those who want to accept Bitcoin like like receiving fiat money in life. So there is no need to worry about laws because when all countries and all people have accepted Bitcoin equally in their lives, of course there will also be special laws against it.

Each country has different legal regulations that regulate cryptocurrency users as a tool for investment and even make bitcoin a legal means of payment, but some countries regulate strict regulations for cryptocurrency or even prohibit it for any purpose of use. However, overall cryptocurrency developments are very positive because relatively all countries have made a positive approach to accepting bitcoin despite implementing strict restrictions so that it does not displace legal currency.

The government has considered regulations to give operational permits to exchanges that have relatively large volumes, they see the high tax revenue side of exchanges so they are implementing new regulations to allow crypto exchange operations even though the regulations are only to regulate asset exchanges and for investment, but this is only initial stage to grow more of the population using bitcoin globally.

We always have to be careful about the laws, so things that are allowed now might not be allowed in the future, which could prevent a lot of things. So it's always more beneficial and future-oriented to develop things within the law and spread them to users without ignoring the law.

As Bitcoin develops and the number of users increases, governments will not remain indifferent. They will make laws or decisions about Bitcoin, which will accelerate Bitcoin development. The problem is that not every country will take the same decisions. But I think most of them will have a positive attitude.

Changes is something inevitable specially if government would really be able to see that they arent been able to control it already then it would really be always the subject for regulation or those laws that would be imposed or would really be that integrated and there's no way on avoiding with that and this is something that would really be inevitably happen when government would really be starting up to have those
intervention. Speaking about $100k then it would really be just that small if we do consider the current % of the population who do knows about Bitcoin existence or to those people whose aware about
cryptocurrencies existence.

When we do able to hit up on the situation on which the adoption and recognition rate wouldreally be hitting up 100% and majority of countries would be accepting or legalizing Bitcoin
then we wont really be just that able to see 100k but it would be even more. This is why lots of people who do consider it out as a good investment specially for long term,
but somehow you should not forget in speaking about the risks involved since we dont really know on what would actually happen in the future.

[GeorgeJohn]

If btc is legally accepted in all countries then huge number of investors will increase. and the use of btc in various fields will increase.

what is your opinion about this?

It's obvious that if bitcoin should be accepted as a legal tender it will be increasing every day by day and more investors will come in, so therefore I believe that bitcoin adoption worldwide will make bitcoin price to continue to escalating in price, so bitcoin will have alot of valuable regards for people who devalue bitcoin, so bitcoin should be one of the major challenges government have now and they can not allow bitcoin to be generally accepted

[bhadz]

It's obvious that if bitcoin should be accepted as a legal tender it will be increasing every day by day and more investors will come in, so therefore I believe that bitcoin adoption worldwide will make bitcoin price to continue to escalating in price,

Yeah, it is obvious because demand of its usage will increase and that means more liquidity in the market and more people will buy Bitcoin so simply the demand of it comes with an increase on its price.

so bitcoin will have alot of valuable regards for people who devalue bitcoin, so bitcoin should be one of the major challenges government have now and they can not allow bitcoin to be generally accepted

It varies as per these governments have their own ways of dealing Bitcoin. Some don't really like it as it's said that it's used by criminals as if cash isn't. But that depends with the consensus per government.

[oktana]

I personally believe that if Bitcoin was to be accepted by any country that its value will be way more than $100k. I mean look at where we are today: with all the restrictions, countries that are against Bitcoin, and all, yet we’ve still be able to hit $60k. In fact $100k is quite an understatement because the kind of traffic we would see would be really massive. Well, let’s get back to reality because that’s not happening; all the countries cannot have that same mentality at the same time. 

[AnonBitCoiner]

Yeah, it is obvious because demand of its usage will increase and that means more liquidity in the market and more people will buy Bitcoin so simply the demand of it comes with an increase on its price.

Actually the overall price Fluctuations is due to supply and demand when there are large number of people buying bitcoin then price rise but when large number of individuals decide to sell their asset then it adversely effect the price of bitcoin. Previously people were not ready to buy bitcoin but now if they heard about halving so they are buying more bitcoin as a consequence of which the price of bitcoin get bigger and they will now buy bitcoin at larger price as compared to those who have bought bitcoin in 2022.

It varies as per these governments have their own ways of dealing Bitcoin. Some don't really like it as it's said that it's used by criminals as if cash isn't. But that depends with the consensus per government.

Some Government has stopped the use of bitcoin as they assume that it is used for illegal activities so if bitcoin transaction become banned then illegal activities will also be easily removed from one country. Without doubt it can be says that all people are not using it for illegal activities but few are doing it which put bad image on others too. May be there comes a time when each and every country start accepting bitcoin but till the date it is not an acceptable currency all over the world.

[Nrcewker]

First you have to explain in detail the meaning of BTC being legally accepted, accepted as an investment vehicle or as a means of payment? If it is accepted as an investment vehicle or digital asset, maybe this makes sense and in the future there will be regulations governing this issue. but if it is accepted as a means of payment, this seems impossible because it is impossible for there to be any other legal means of payment other than fiat currency.

Bitcoins cannot be officially accepted as a mode of payment. This is because Bitcoins are limited or fixed in number. Hence this can consider as a finite asset. Yes you can trade the coins for something in return, but cannot use it as a mode of payment.
Now regarding OP’s concern, he is asking if it’s legalised as an asset, and have governments support, then what will be the scenario? According to me, it will lead to increase in demand to buy the coins and hence the price will go up.

[cakravothy]

If btc is legally accepted in all countries then huge number of investors will increase. and the use of btc in various fields will increase.

what is your opinion about this?

It is highly imposible that all countries will adopt bitcoin as legal tender.
because every country already has a legal tender in the form of currency that is used as a means of payment.
If bitcoin is used as a legal tender, it can kill the country's local currency.

[bangjoe]

If btc is legally accepted in all countries then huge number of investors will increase. and the use of btc in various fields will increase.

what is your opinion about this?

It is highly imposible that all countries will adopt bitcoin as legal tender.
because every country already has a legal tender in the form of currency that is used as a means of payment.
If bitcoin is used as a legal tender, it can kill the country's local currency.

Yes, you are right, it is very unlikely that BTC will become a legal means of payment in all countries on this earth, including in my country, as mandated by the country's constitution that no other currency can be used as a medium of exchange other than the rupiah. Therefore, all types of currency other than rupiah are prohibited from being used, even if someone forces them to do so, they will be punished according to the regulations in my country.

but if it is intended for countries that do not have a strict constitutional message like in my country, it might happen, to be honest, this will be a big spike, but I really doubt that gas fees will be expensive and transaction congestion on the BTC network itself, so it won't would work effectively if only 50% of world transactions today used bitcoin.

[yohananaomi]

I personally believe that if Bitcoin was to be accepted by any country that its value will be way more than $100k. I mean look at where we are today: with all the restrictions, countries that are against Bitcoin, and all, yet we’ve still be able to hit $60k. In fact $100k is quite an understatement because the kind of traffic we would see would be really massive. Well, let’s get back to reality because that’s not happening; all the countries cannot have that same mentality at the same time. 

You are right,  right now there are still restrictions from several countries, but Bitcoin is still able to move and continue to increase. Since the beginning of the year, it has been seen that Bitcoin is moving better.With a situation like the current one, it is certain that Bitcoin will be able to reach $100K, especially since the whole world has decided to legally accept it as a valid transaction tool. Of course, more and more people will use it, and Bitcoin turnover will be higher, resulting in the value of Bitcoin continuing to increase due to high demand.Hopefully, Bitcoin will become a legal tool that can be used like the US dollar because it is simpler and there is no intervention.

[Alpha Marine]

Bitcoin being legal globally will increase its price over 100k. Over even 500k. With the restrictions and hindrances Bitcoin is facing currency, they price is over $40k so imagine when it would be legal and acceptable everywhere.

Demand for Bitcoin increases the price so imagine if the demand for Bitcoin increases by a thousand percent. Lol. The price might even go above a million dollars.

I don't really think about things like this because it's kind of irrelevant. It's irrelevant because it's not going to happen. A few countries can make Bitcoin legal tender, but the whole world would never accept it.

[Xxmodded]

Talking possibility bitcoin will raise to $100k if accept as worldwide legal currency payment transaction likeyly not diffiuclt yet. Bitcoin has potential raise to higher price if many country not giants with Bitcoin as payment digital in the future.
But each country have own rule about legalize or not bitcoin as currency payment transaction because they still not believe with bitcoin impact in the future.
Personally wish bitcoin will get positive respond from all countries around the world and make bitcoin easily raise to $100k.