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    Author Topic: Bitcoin and cryptocurrency, between legal and illegal in the world?  (Read 735 times)

    • speedy963
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    July 23, 2018, 07:19:03 AM
     #61
    Quote from: stayeduptolate on July 23, 2018, 07:13:11 AM
    Quote from: stewert on July 11, 2018, 09:27:09 AM
    The development of cryptocurrency is better from time to time. In many countries, many have inaugurated crypto currency as a legitimate paying tool. Although there are also countries that openly banned cryptocurrency. This becomes very interesting to be listened to by us. Then, personally, I want to know what you think of all that? Will at any time cryptocurrency be a legal and legal world currency in all countries? Or perhaps during that time, cryptocurrency is strictly prohibited in all countries of the world?
    We all know that all the crypto currencies available in the market are decentralised one as there is no such authentic regulating body who can keep eye over all the transactions and activities taking place with crypto currencies so the topic of your discussion is very much correct that crypto is between being legal and illegal, as with time countries accepting the fate and potential of bitcoin, they are legalising it and those who are afraid of illegal use of bitcoin has banned crypto currencies from their nation.
    so in some instances it is considered and belonged to neutral cases. There are also several countries that arr still not accepting bitcoin and only few are legalizing the usage of crypto in their economy. Here in our country too, it doesn't give much impact about crypto but plenty are longing that it will be legalized and fully accepted soon.

  • setialovers
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    July 23, 2018, 07:41:13 AM
     #62
    Quote from: stewert on July 11, 2018, 09:27:09 AM
    The development of cryptocurrency is better from time to time. In many countries, many have inaugurated crypto currency as a legitimate paying tool. Although there are also countries that openly banned cryptocurrency. This becomes very interesting to be listened to by us. Then, personally, I want to know what you think of all that? Will at any time cryptocurrency be a legal and legal world currency in all countries? Or perhaps during that time, cryptocurrency is strictly prohibited in all countries of the world?

    I am believe most country in the world will regulate cryptocurrency in their country. Cryptocurrency is new bussiness model in digital world right now and government must be following technology advance. Government will regulate cryptocurrency because when crypto growing bigger, government have benefits with more taxes for their budget

  • Ava Duvall
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    July 23, 2018, 07:42:08 AM
     #63
    Quote from: poli_btc on July 11, 2018, 09:47:47 PM
    I think that the crypto currency will not be banned, since the state can not fight it. Most likely, some laws on crypto currency will be adopted, after which it will be legalized in all countries of the world.
    sadly most states can fight it. if the government decides to ban crypto and bitcoin there not much you can do about it. citizens can be vocal and express why they and need crypto, that way the government can look into adopting new laws

  • crpytpublica
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    July 26, 2018, 10:45:05 AM
     #64
    Honestly I do not understand how it still lives, because this currency is not supported by anything (like the same ruble for example). From time to time probably will all resolve, and then when you go in a large washing off funds will begin to ban.
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  • retampan
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    July 26, 2018, 11:48:28 AM
     #65
    I would be thinking if bitcoin is a legal currency that can be proven with the blockchain technology which is a future proof even there is another coin.

  • dmitry6
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    July 26, 2018, 11:59:45 AM
     #66
    Everyone know bitcoin is decentralized currency many countries have been banned because they think bitcoin is harmful for their economy and can be use for illegal activities and many is planing to regulate because they know the importance. but its ban or not banned depend on particular countries ruling peoples and their economy experts but bitcoin is a digital currency than they need to ban first internet.

  • art.vrn
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    July 26, 2018, 12:04:27 PM
     #67
    The government of countries that ban Bitcoin simply do not understand how to use it, and why it is used. I think that in the future all countries will accept Bitcoin, and it will become a world currency.

  • Tylev
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    July 26, 2018, 08:18:27 PM
     #68
    Quote from: stewert on July 11, 2018, 09:27:09 AM
    The development of cryptocurrency is better from time to time. In many countries, many have inaugurated crypto currency as a legitimate paying tool. Although there are also countries that openly banned cryptocurrency. This becomes very interesting to be listened to by us. Then, personally, I want to know what you think of all that? Will at any time cryptocurrency be a legal and legal world currency in all countries? Or perhaps during that time, cryptocurrency is strictly prohibited in all countries of the world?
    One thing is clear - the crypto currency will develop and enter into a person's life under difficult conditions. To all that this is a completely new and previously unprecedented form of digital money, besides, it is not managed by anyone and it can not be fully controlled, and also because of its insecurity, and therefore has high volatility, it causes many problems for the states. Therefore, it is still difficult to predict how quickly the process of legalization will progress.

  • slavasxpu
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    July 30, 2018, 03:27:49 PM
     #69
    It is possible that the third world and CIS countries will ban or try to ban bitcoin or cryptocurrency, but progressive States are unlikely to take such a step.
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  • tegarp90
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    July 30, 2018, 03:29:37 PM
     #70
    Quote from: stewert on July 11, 2018, 09:27:09 AM
    The development of cryptocurrency is better from time to time. In many countries, many have inaugurated crypto currency as a legitimate paying tool. Although there are also countries that openly banned cryptocurrency. This becomes very interesting to be listened to by us. Then, personally, I want to know what you think of all that? Will at any time cryptocurrency be a legal and legal world currency in all countries? Or perhaps during that time, cryptocurrency is strictly prohibited in all countries of the world?

    It because people can't control cryptocurrency, so many crime used cryptocurrency as a transaction so they can hide their crime.
    This is why in many countries bitcoin is banned but some countries are smart enough to see the bitcoin future are legalize bitcoin

  • fredo123
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    July 30, 2018, 03:41:06 PM
     #71
    Quote from: cryptojackny on July 13, 2018, 07:06:49 PM
    Well I think it will be in between this legality and illegality for pretty long time. Because it is not possible to make all understand the worth of bitcoin and crypto to take over the ban. This will happen slowly. Just a matter of time that this will be accepted as a legal one.
    As its becoming more and more mainstream, Law enforcement agencies, tax authorities and legal regulator's all over the world are trying to wrap their heads around the concept of cryptocurrency and where exactly does it fit in existing regulations and legal frameworks. The legality of bitcoin depends on who you are, Where you are in the world and what you are doing with it. In many jurisdictions, the authorities are still struggling to understand bitcoin, Many concerned have been raised over its decentralized nature. It seems only natural for governing authorities to be worried about a financial community that can't be fully controlled.

  • mrphilippine
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    July 30, 2018, 03:44:38 PM
     #72
    Some countries have banned crypto currency because they want to protect the interest of the financial institution regulations because if not used wisely it can be use wrong deeds. Also some countries support crypto currency because this is a new era the new innovation created for the world where we need to absorb its technology to support and aid our financial issues.

  • Gotumoot
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    July 30, 2018, 03:56:02 PM
     #73
    Quote from: tegarp90 on July 30, 2018, 03:29:37 PM
    Quote from: stewert on July 11, 2018, 09:27:09 AM
    The development of cryptocurrency is better from time to time. In many countries, many have inaugurated crypto currency as a legitimate paying tool. Although there are also countries that openly banned cryptocurrency. This becomes very interesting to be listened to by us. Then, personally, I want to know what you think of all that? Will at any time cryptocurrency be a legal and legal world currency in all countries? Or perhaps during that time, cryptocurrency is strictly prohibited in all countries of the world?

    It because people can't control cryptocurrency, so many crime used cryptocurrency as a transaction so they can hide their crime.
    This is why in many countries bitcoin is banned but some countries are smart enough to see the bitcoin future are legalize bitcoin
    We do have different point of views on bitcoin, some used it on good things, and some used it on bad things. Its just depends on what will you do, but the outcome depends on what will you do. Just like countries governments, as what we can see, other countries are accepting bitcoin and we see that because of bitcoin, the countries legalizing bitcoin are becoming more richer and advanced.

  • Lemer
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    July 30, 2018, 03:58:10 PM
     #74
    I think bitcoin is legal in most countries right now, so don't worry about it.
    Bitcoin and blockchain have attracted the attention of many countries. Grin

  • MTNAX
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    August 01, 2018, 12:49:31 AM
     #75
    Currently, there are not many countries that legalize bitcoin, but one day maybe bitcoin will be legalized by the government, we may need to introduce more ways of using bitcoin and how bitcoin work to the government so that the government legalize bitcoin. Maybe it is not easy but it would not hurt us to try it.

  • freshbcash
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    August 04, 2018, 07:14:41 PM
     #76
    Think they will. The state is not profitable for currency transactions to be carried out uncontrollably. Therefore, I am sure that in some countries crypto-currencies will be fought.

  • mooen
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    August 08, 2018, 12:08:07 PM
     #77
    I think not. Cryptocurrency should replace the usual different currencies around the world, in its electronic way. After all, in front of the new century is the era of technology.

  • CoinsInvest9
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    August 08, 2018, 11:44:05 PM
     #78
    Quote from: tanjiran on July 21, 2018, 11:22:15 PM
    Most governments recognize the potential of bitcoin as a highly profitable financial technology. However, since there is no official administrator, the government is worried about bitcoin being misused for crimes. So the government provides restrictions, most prohibit the use of bitcoin as a payment system in the country. In addition, most governments also warn that bitcoin is a high-risk investment. Well, as a good society we have to obey the rules of government then we must understand and learn the status of bitcoin law in our country well.
    Truly, some countries don’t support bitcoin because they have their own point about it Obviously we can’t deny bitcoin or cryptocurrency can bring a little bit more complication. We all know that bitcoin characterizes its anonymity, so it’s quite hard to control the illegal transaction or some illegal activity related to bitcoin. Besides, if they accept bitcoin, perhaps their citizens will depend much on this virtual currency and forgetting his main job. However, with the profits that bitcoin can bring to our life , i believe  bitcoin will be soon encouraged by many countries around the world.
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  • cryptobiolog
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    August 11, 2018, 06:27:06 AM
     #79
    It has already been banned in a number of countries, we are talking about 3 countries. It is unlikely to be banned, it will take too much time and money, but will control, it is already happening.

  • earn20
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    August 14, 2018, 04:33:24 PM
     #80
    I guess not. What for? Crypto currency is already used in medicine and so on, this is the future of the world.
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