Is Bitcoin legal?

[Wiseman]

Yes, this is a problem and therefore cryptocurrencies will not be able to develop as much, or as quickly as they should, we still use exchangers and legalize money as needed, and naturally everyone who knows and uses cryptocurrency understands what taxes are and does not want to pay them.

That's right, Cryptocurrency is very difficult to use as payment in various places like what you are experiencing. Do you see the price of USDT which has a stable movement, it looks like there is potential to be used on all platforms throughout the world, USDT circulation is also very large so in my opinion USDT should could be an alternative payment using cryptocurrency technology.

Must,) this is the universal desire of all cryptans))
I understand you that this would be very convenient, I am of course for it, but many are against it, speaking about many, I am talking about states, they don’t want people to use money as they want, they want to control not only people but also their money, Although I I think that they have lost this control a long time ago, it’s just not very convenient for us to constantly change cryptocurrency to exchangers (of which there are thousands), plus people change it to each other on their own, but it’s okay, you can still use cryptocurrency as you want.

[yohananaomi]

If the government is tolerant enough with crypto, it means that in the future crypto will get regulations that support it. the government should legalize crypto because it will be needed in the future. I am very happy if a country starts supporting crypto, it means that the government is willing to be invited to think forward.

Crypto development continues to grow, and every country inevitably has to adapt to this situation and must be able to accept that crypto is part of inevitable progress. I think that gradually many countries will not be able to avoid accepting crypto, so that one day they will be very open to legalizing crypto.
I agree with you, that a country that supports crypto is a government that can create the future to be more advanced.

Every government should think about the progress and future of a technology such as cryptocurrency, because in the future technology will continue to develop. Let's try to remember back when Bitcoin was first launched, there were lots of people who refused. And now many countries allow Bitcoin as an investment.

It must be acknowledged that, like it or not, every government has to think about that, because technological developments cannot be avoided by anyone, otherwise they will be left alone because they cannot adapt to the circumstances.
It's true, if we look back to when Bitcoin first started to grow, many were skeptical about the developments taking place with Bitcoin, but as time went by, Bitcoin has begun to be accepted by many countries, and has become a very popular alternative investment today.

[MRY]

It must be acknowledged that, like it or not, every government has to think about that, because technological developments cannot be avoided by anyone, otherwise they will be left alone because they cannot adapt to the circumstances.
It's true, if we look back to when Bitcoin first started to grow, many were skeptical about the developments taking place with Bitcoin, but as time went by, Bitcoin has begun to be accepted by many countries, and has become a very popular alternative investment today.

So far only 2 countries accept Bitcoin payments. Everyone is afraid of Bitcoin because price movements are very volatile so many governments have taken policies not to accept payments or transactions using Bitcoin. It feels like Bitcoin will never be accepted in many countries because the available supply is also an important influence.

[yohananaomi]

Yes, this is a problem and therefore cryptocurrencies will not be able to develop as much, or as quickly as they should, we still use exchangers and legalize money as needed, and naturally everyone who knows and uses cryptocurrency understands what taxes are and does not want to pay them.

That's right, Cryptocurrency is very difficult to use as payment in various places like what you are experiencing. Do you see the price of USDT which has a stable movement, it looks like there is potential to be used on all platforms throughout the world, USDT circulation is also very large so in my opinion USDT should could be an alternative payment using cryptocurrency technology.

There is still a problem if crypto is forced to be used as legal payment in various places, because of its rapid nature of change. I agree with you that perhaps USDT will be more feasible and can be used because of the stability it has, so that it can be used as a transaction tool that can support everything we do. There will not be a very significant difference with any transactions that will occur later. With sufficient availability and still using crypto-technology, of course. Of it can be accommodated in the future. We just have to wait for that.

[yohananaomi]

It must be acknowledged that, like it or not, every government has to think about that, because technological developments cannot be avoided by anyone, otherwise they will be left alone because they cannot adapt to the circumstances.
It's true, if we look back to when Bitcoin first started to grow, many were skeptical about the developments taking place with Bitcoin, but as time went by, Bitcoin has begun to be accepted by many countries, and has become a very popular alternative investment today.

So far only 2 countries accept Bitcoin payments. Everyone is afraid of Bitcoin because price movements are very volatile so many governments have taken policies not to accept payments or transactions using Bitcoin. It feels like Bitcoin will never be accepted in many countries because the available supply is also an important influence.

Very fast movements will certainly affect every payment that is not appropriate, and no one wants to suffer a loss from every transaction they make. If it goes up, they will certainly benefit. What if Then it goes down? Then the losses clearly haunt everyone who wants to accept the transaction. You are right in saying that the supply is also very limited and, of course, this is not ideal for use. A decent one is something like USDT which is always stable, and the supply is also very large.

[DAMKAR]

So far only 2 countries accept Bitcoin payments. Everyone is afraid of Bitcoin because price movements are very volatile so many governments have taken policies not to accept payments or transactions using Bitcoin. It feels like Bitcoin will never be accepted in many countries because the available supply is also an important influence.

Very fast movements will certainly affect every payment that is not appropriate, and no one wants to suffer a loss from every transaction they make. If it goes up, they will certainly benefit. What if Then it goes down? Then the losses clearly haunt everyone who wants to accept the transaction. You are right in saying that the supply is also very limited and, of course, this is not ideal for use. A decent one is something like USDT which is always stable, and the supply is also very large.
[/quote]
Perhaps this consideration is why Bitcoin has not been accepted as a payment method in many countries, because it is unstable and of course very volatile. You are right, the most suitable as a means of payment is USDT:

[pacar_tiri]

Very fast movements will certainly affect every payment that is not appropriate, and no one wants to suffer a loss from every transaction they make. If it goes up, they will certainly benefit. What if Then it goes down? Then the losses clearly haunt everyone who wants to accept the transaction. You are right in saying that the supply is also very limited and, of course, this is not ideal for use. A decent one is something like USDT which is always stable, and the supply is also very large.

Unfortunately, if Bitcoin is used as a transaction, the sending process will take a very long time, so we have to continue using USDT, but we also need to pay attention that the USDT network used must be BSC or a network that has high transaction speeds and fairly cheap transaction fees. So that in this way the transaction does not harm both parties.

[Mr. Magkaisa]

       -  You said it was legal, in terms of what? legal as a currency? because the only one I know that did this is the country of El Salvador, and in another way of being legal, it is not legal in terms of payment, but rather legal in terms of payment. This is the only thing I know.

But most countries have made bitcoin or other cryptocurrency legal so that it can be used in legal trading companies such as stocks and others. Overall, bitcoin is legal in other countries as a legal currency, and the majority of others are legal to use in trading.

Source:

Bitcoin is legal? https://www.investopedia.com/ask/answers/121515/bitcoin-legal-us.asp
Countries where bitcoin legally accepted in terms of payments: https://b2binpay.com/en/countries-which-allow-cryptocurrency-as-legal-payment-method/