Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Domithra on July 16, 2018, 02:32:34 AM

Title: Is it necessary for a country to approve Bitcoin?
Post by: Domithra on July 16, 2018, 02:32:34 AM
There are more people out there wishing to invest in Bitcoin but live in fear, uncertainty and doubts about Bitcoin due to the frequent attacks coming from the banks and governments. Once Bitcoin is approved in a country, a lot of investors in that country calm down and are able to invest under no tension and pressure.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: dominoes on July 16, 2018, 05:59:15 AM
Highly necessary to approve in one particular country that have high and advance technology to manage bitcoin movement very well. The country that doesn't want to have any relation with crypto cannot adopt this system
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Judybrown on July 16, 2018, 11:04:43 PM
If Bitcoin is leagalized by a government, it will encourage more people to invest in it. This will also encourage more people to develop new projects that can help solve problems in the country.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: CryptoZenWorld on July 17, 2018, 01:15:34 AM
Yes, you are right. but still, there will be a risk a little. Every country or almost 50% have to support crypto others the problem with price won't be solved. Also, there should be good rules and regulations for safety.
I like the idea of insurance for the cryptocurrency. what do you think?
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: trofim21 on July 25, 2018, 01:08:58 AM
Of course, this is necessary, everything will be better for everyone, we can buy any goods for bitkoynov, and money will start to drip into the country's capetal
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Alcor on July 28, 2018, 12:22:33 AM
Yes, you are right. but still, there will be a risk a little. Every country or almost 50% have to support crypto others the problem with price won't be solved. Also, there should be good rules and regulations for safety.
I like the idea of insurance for the cryptocurrency. what do you think?
I think that no one will undertake to insure bitcoin. This is too risky investment of funds. Moreover, no one can say exactly what will happen to the bitcoin price in a few years. At the same time, it is aging technically, its functional capabilities are falling compared to the growing similar capabilities of young and promising coins.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Mbah Jenggot on July 28, 2018, 01:29:27 PM
There are more people out there wishing to invest in Bitcoin but live in fear, uncertainty and doubts about Bitcoin due to the frequent attacks coming from the banks and governments. Once Bitcoin is approved in a country, a lot of investors in that country calm down and are able to invest under no tension and pressure.

Yes I agree If the bitcoin will be legalized by government. It is good think for trader and investor.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: therozaq on July 28, 2018, 02:27:11 PM
There are more people out there wishing to invest in Bitcoin but live in fear, uncertainty and doubts about Bitcoin due to the frequent attacks coming from the banks and governments. Once Bitcoin is approved in a country, a lot of investors in that country calm down and are able to invest under no tension and pressure.

Yes, I think The government should approve and legalize bitcoin. Because Bitcoin is  the future currency. It will be needed in the coming future.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: I-Bit on July 28, 2018, 02:48:33 PM

Yes, I think The government should approve and legalize bitcoin. Because Bitcoin is  the future currency. It will be needed in the coming future.

True, approval and legalization for bitcoin are a must.  Many people need it, they invest and trade for it. Government should know about this, it has become a necessity.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: divine75 on July 28, 2018, 03:00:14 PM
There are more people out there wishing to invest in Bitcoin but live in fear, uncertainty and doubts about Bitcoin due to the frequent attacks coming from the banks and governments. Once Bitcoin is approved in a country, a lot of investors in that country calm down and are able to invest under no tension and pressure.

Definetly its yes thats government of every country is in need to approve the bitcoin,in order to make all transaction legall an according to the rules of government,so that  those bad speculation about digital currency thats can used in some illegal activities like money laundering would been pip and to prove that crypto is for the good of economy and not to destroy the economic growth,and by making it regulated maybe the investor would grow.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Breadwinner on July 29, 2018, 01:34:50 AM
A country which will accept cryptocurrency will
1. Have a higher growth in the economy and
2. People will create more jobs for other people to get work to do.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Nur sarimbit on July 29, 2018, 06:30:00 AM
it is very necessary once gan. because with the approval of a country moreover all the countries will give positive value and impact for growth of digital world bitcoin .
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: santawarrior on July 29, 2018, 01:25:29 PM
There are more people out there wishing to invest in Bitcoin but live in fear, uncertainty and doubts about Bitcoin due to the frequent attacks coming from the banks and governments. Once Bitcoin is approved in a country, a lot of investors in that country calm down and are able to invest under no tension and pressure.

I think even investing in bitcoin may risk their people but i still i believe the goverment will allow their people to invest in bitcoin and to give equal opportunity to other countries to invest.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Guygerdo on July 29, 2018, 11:48:18 PM
Yes, it is very necessary for a country to approve the bitcoin,in order to make all transaction legal and according to the rules of the country ,so that  those bad speculation about digital currency thats can used in some illegal activities like money laundering would been pip and to prove that crypto is for the good of economy and not to destroy the economic growth,and by making it regulated maybe the investor would grow.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: wahyudi on July 30, 2018, 04:50:58 AM
I think it is necessary, because someday bitcoin will work for the state and can be maximally manpatkan.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: eldial on July 30, 2018, 03:38:53 PM
Will it depends in every country can be necessary  to approve bitcoin because all the peoples are not familiar on bitcoin transactions and how it can be handling if it is implemented in every country so it is need a better discussion for the understanding of all community.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Vidaia on July 30, 2018, 06:41:26 PM
is that country well equipped with today's technological advancement, then i will it has to be approved but if not it will be difficult for a country with no crypto related technology to approve it and manage it
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Rivaldi Kunkun on July 30, 2018, 11:41:12 PM
I have the same opinion with you that bitcoin is not quite familiar with every layer of society, only certain people only. Besides its human resource conditions are also not fully adequate, it needs much consideration it should, despite the bitcoin itself has many advantages.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: victorianomojica on August 01, 2018, 08:07:46 AM
In order to make all transaction legall an according to the rules of government,so that  those bad speculation about digital currency thats can used in some illegal activities like money laundering would been pip and to prove that crypto is for the good of economy and not to destroy the economic growth,and by making it regulated maybe the investor would grow.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Jaguar on August 01, 2018, 02:38:30 PM
No doubt the terms and condition will follow once legalizing bitcoin. Government would not let bitcoin come in without any regulation to be followed. Necessary to approve when the people requested too.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Gudang gabah on August 01, 2018, 03:48:53 PM
a country must also approve of its existence bitcoin, because there are many who trade in the trade market, we all have to admit there is bitcoin.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: kevinjulio on August 02, 2018, 04:07:32 AM
I think all countries have discovered the existence of the bitcoin is even some already exists legalizing bitcoin and do deals with it. but some countries still being mediocre is not yet giving the sign to legalize, since some of the aspects that have not been supportive. I hope at least a bitcoin can co-exist near to real money so that life easier.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Quantum X on August 02, 2018, 05:25:54 AM
Even a country will approve bitcoin this can not stop the scary part of bitcoin because of the volatility that it has.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Pabloiscobar on August 02, 2018, 10:59:37 PM
Yes it is necessarry that for a country to approve bitcoin because it is very useful for the people especually to the earners of cryptocurrency that needs a bitcoin approval.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Nanagyasi on August 02, 2018, 11:44:23 PM
It is very necessary for countries especially the developing countries to accept Btc because it can improve their economic status
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Mocosolawatan on August 03, 2018, 01:44:15 AM
it is very necessary once gan. so that bitcoin can be received officially in the country like a paper currency. Thus it will give a positive value to the bitcoin world
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Wong keras on August 03, 2018, 05:21:17 AM
all countries have to approve the existence of bitcoin and also the state must accept bitcoin as work material, because work in bitcoin is good done by many people.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Quantum X on August 03, 2018, 05:50:03 AM
all countries have to approve the existence of bitcoin and also the state must accept bitcoin as work material, because work in bitcoin is good done by many people.
Hopefully things will go on that way easily between bitcoin and government but until now governments around the globe are still struggling to make decentralised under their control.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Ryanpogz on August 03, 2018, 07:31:13 AM
Now this thing is bothering almost everyone who doesn't know much about Bitcoins or Cryptocurrencies. Well let me guide you here. There is a slight difference between being legal and being unregulated. We should start understanding it in a familiar way. So let's take Internet as an example. In India before IT Act 2000 there was no law governing the Cyber acts or crimes but it was still in use. Using internet was not illegal before the Cyber Laws existed. It was just unregulated. Now the same goes for Bitcoins or any other cryptocurrency. It's fair to say that it just lacks laws governing its use. It is not that it's legal or illegal to use,trade in Cryptocurrencies it's just that if someone rips you off while trading in it there is actually no law enforcement to protect you from it.
Talking about some nations that have accepted and legalized the use of Cryptocurrencies like Japan and Russia or talking about some that makes it illegal to transact in Cryptocurrencies like South Korea it's a personal choice of every nation. In India the RBI haven't yet approved the transactions in Bitcoins which just means that your Cryptocurrencies means nothing to the government or the nation and for them it's just a virtual thing yet. It doesn't say that it's illegal to use it or illegal to trade it.
Though you may be convicted if you are earning a profit out of Bitcoins trading and committing a felony of tax evasion. No one needs to worry until they have broke a law and in the case of Bitcoins you can say that there exist no law so it's as simple as it gets. Income tax department of India even checked out the exchanges in India but never did they say that they were making a raid or that it was illegal. They are making sure that if anyone's making money out of it then they better pay taxes. You may also read about use of RippleConnect in banks which is a welcome move by Banks all over the world. So don't confuse between what's illegal and what's unregulated.
Thanks.!!
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Arendra on August 03, 2018, 08:23:14 AM
if in my opinion it is very necessary for developed countries because to manage the movement of bitcoin is very good. but all that is certain there are many risks that will be obtained.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Negan on August 04, 2018, 10:45:15 AM
Yes it is necessarry that for a country to approve bitcoin because it is very useful for the people especually to the earners of cryptocurrency that needs a bitcoin approval.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: dekafee79 on August 04, 2018, 10:57:11 AM
There are more people out there wishing to invest in Bitcoin but live in fear, uncertainty and doubts about Bitcoin due to the frequent attacks coming from the banks and governments. Once Bitcoin is approved in a country, a lot of investors in that country calm down and are able to invest under no tension and pressure.

Yes I think the countries should approve bitcoin. Because bitcoin is digital currency. It is the future currency.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: jumfoih on August 04, 2018, 03:47:09 PM
kalau menurut saya sangatlah berharga untuk menyetujuinya karena mereka bisa berinvestasi dengan mudah dan caranya pun sangatlah mudah.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Huntler1993 on August 05, 2018, 12:54:29 AM
Absolutely in order to make it legit and much acceptable by individual in various countries, people will now trade with confidence and do away with fear and panic.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Keith Midleson on August 05, 2018, 03:54:53 AM
someday there will be a time the country is starting to recognize the benefits that will be obtained in cryptocurrency and bitcoin, so unthinkable to start accepting and approving the bitcoin and start engaging in transactions and businesses. the expectation going forward is going to like it so that the quality of life has also become better.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Redhead5 on August 05, 2018, 02:29:51 PM
Absolutely in order to make it legit and much acceptable by individual in various countries, people will now trade with confidence and do away with fear and panic.

If it is happen that some of the country will approve bitcoin then this is a good ideas so that investors will eager to invest with the feeling of safest investment and dont get dissapointed at all times if it is legally process in lawful ways.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Alcor on October 16, 2020, 08:03:24 AM
There are more people out there wishing to invest in Bitcoin but live in fear, uncertainty and doubts about Bitcoin due to the frequent attacks coming from the banks and governments. Once Bitcoin is approved in a country, a lot of investors in that country calm down and are able to invest under no tension and pressure.
States do not approve of bitcoin and other cryptocurrencies. They either provide for a certain status for cryptocurrency and establish rules for circulation, or prohibit its circulation in society. The establishment of the rules for the circulation of cryptocurrency in the state is called its legalization. The legalization of cryptocurrency is necessary for it to develop and strengthen its infrastructure, without which its full use as a means of payment is impossible.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: rizqillah on October 17, 2020, 03:43:35 AM
There are more people out there wishing to invest in Bitcoin but live in fear, uncertainty and doubts about Bitcoin due to the frequent attacks coming from the banks and governments. Once Bitcoin is approved in a country, a lot of investors in that country calm down and are able to invest under no tension and pressure.

Yes, I think It is true, I agree with you about Many people live in fear, uncertainty and doubts about Bitcoin due to the frequent attacks coming from the banks and governments. Because many countries have against Bitcoin.
Maybe they don't have knowledge about block chain technology , they afraid their own fiat money.
I think it is normal, I believe when all countries  have knowledge about Bitcoin, they will accept bitcoin and addop t the bitcoin technology for their company.
It will happen at the coming future.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: debra on October 17, 2020, 11:52:16 PM
If every country approves Bitcoin and also other cryptocurrencies, it will be a very good news. It means that they will welcome the crypto and this means that many more people in the world will be involved in the cyrpto world.
However, this is the process where we should be aware that some countries may have stricter rules about BTC and crypto and we must cosnider it.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Blaze on October 23, 2020, 10:29:49 AM
If every country approves Bitcoin and also other cryptocurrencies, it will be a very good news. It means that they will welcome the crypto and this means that many more people in the world will be involved in the cyrpto world.
However, this is the process where we should be aware that some countries may have stricter rules about BTC and crypto and we must cosnider it.
I think it must be because every country has its own regulations that maybe they must be obeyed because otherwise it will make many people disappointed because there are still many who cannot accept bitcoin in some countries.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: AllSii on October 23, 2020, 10:50:13 AM
I think it must be because every country has its own regulations that maybe they must be obeyed because otherwise it will make many people disappointed because there are still many who cannot accept bitcoin in some countries.
For bitcoin, it doesn't matter whether the government allows it to be used in the country or not. Bitcoin is decentralized and does not depend on any state.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Senin on October 24, 2020, 08:16:31 PM
I think it must be because every country has its own regulations that maybe they must be obeyed because otherwise it will make many people disappointed because there are still many who cannot accept bitcoin in some countries.
For bitcoin, it doesn't matter whether the government allows it to be used in the country or not. Bitcoin is decentralized and does not depend on any state.
Much depends on how much the national legislation of a particular state will treat cryptocurrency favorably. The state can support a decentralized cryptocurrency, or it can limit its circulation or even prohibit it. If states unite and take measures to ban bitcoin, it will actually become illegal, and then what to do with it? The position of states in relation to cryptocurrency is very important and you should not take it so lightly.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Rafiq on October 24, 2020, 08:24:52 PM
I think if the government of a country legalizes Bitcoin, more people will invest in Bitcoin. Many do not invest in Bitcoin out of fear, uncertainty, panic, they think they can get into legal complications at any time. So legalizing Bitcoin will encourage more people to develop new projects, which in turn will boost the country's economy.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: edmundo on October 26, 2020, 06:05:57 PM
Anyone from anywhere can invest in Bitcoin if they choose to due to its decentralized and lack of centralized control. However, people continue to advocate for its full acceptance by several countries because it will help ensure bitcoin goes mainstream and as such become easier to access and invest in. That's is the major reason why most bitcoin adopters and believers continue to push for its total acceptance.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: IvugeoEvolutionCoin on October 27, 2020, 08:55:15 AM
Anyone from anywhere can invest in Bitcoin if they choose to due to its decentralized and lack of centralized control. However, people continue to advocate for its full acceptance by several countries because it will help ensure bitcoin goes mainstream and as such become easier to access and invest in. That's is the major reason why most bitcoin adopters and believers continue to push for its total acceptance.
maybe it needs to be considered because until now bitcoin is still banned from use in several countries so that it makes many people reluctant to buy bitcoin because when it gets legality its use will increase and will make the price rise.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Altcoin1998$ on October 27, 2020, 09:31:03 AM
Actually poor countries don't accept bitcoin because they don't control bitcoin and others cryptocurrencies. Only developed countries are eligible to accept bitcoin. Japan, USA, Canada, Australia, Estonia, etc countries are worthy to accept. Our Bangladesh almost willing to accept bitcoin.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: lepbagong on October 27, 2020, 11:41:30 AM
Actually poor countries don't accept bitcoin because they don't control bitcoin and others cryptocurrencies. Only developed countries are eligible to accept bitcoin. Japan, USA, Canada, Australia, Estonia, etc countries are worthy to accept. Our Bangladesh almost willing to accept bitcoin.
maybe not from the side of a poor country or not but rather the introduction of the people to previous technological advances. whether they have received advances about technology because it will affect their work where crypto is always in touch with this technology. Even if the country is poor, if they are already literate with technology, there will be no problem and they can follow.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Black ID on October 27, 2020, 12:08:56 PM
I totally agree with this statement. Indeed, the resistance from the government makes bitcoin difficult to accept, so many people avoid it. Fear will of course be present, because investment in bitcoin is indeed very erratic, sometimes the price goes up and suddenly falls.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Legion on October 28, 2020, 09:56:32 AM
Of course, because there are countries that accept bitcoin, it will increase the use of bitcoin and will make it expensive.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: ttcsalam on October 28, 2020, 11:59:49 AM
It could be a good initiative.Recently I noticed cocaine is a new one Introduced the method.They are trying to support it in Bangladesh through PayPal or other means.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: expander on October 28, 2020, 02:11:16 PM
One of the advantages of getting approval for bitcoin is that there is a sense of security. however, we can actually get a sense of security by acting carefully. Although it is difficult for most new people. This is why it is hoped that bitcoin will be accepted by a country for transactions and investments.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: jakasantosa on October 28, 2020, 04:19:40 PM
Although the State and the government have not legalized bitcoin as long as there is a crypto exchange market in that country, a State and the Government do not need to agree on bitcoin is not a problem and is not a very big problem. Because we can invest through these market exchanges.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Jawahara on October 28, 2020, 07:26:28 PM
Acceptability of bitcoin will surely cut cross all country. It is just based on time. This will be smooth and easy as soon as regulation is approved generally.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Bobcrypto on October 28, 2020, 10:27:08 PM
In some countries, Bitcoin is already accepted while some countries are still contemplating or having doubt. I think Bitcoin acceptability world wide is coming up stronger by the day, and soon there will be much more interest from people are the globe. It started as a small community of enthusiast but it will hit moon.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Prime on October 28, 2020, 11:54:50 PM
Actually, if there are many more countries that approve Bitcoin, it will be much better because BTC is acknowledged to be a very good asset for investment and also payment. The rule and regulations may also change if they approve BTC as payment. But I also wonder if they approve BTC, will also they ask for taxes for it?
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: ranaprime on October 29, 2020, 12:00:18 PM
If any one want to invest legally in crypto currency then definitely he needs the approval of his own country to  using crypto currency. Otherwise he or she will be face government punishment due to his allegation. So i think it is necessary to approve bitcoin for trading without any interruption.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: azmirihaque on October 29, 2020, 01:04:02 PM
I think, countries should approve bitcoin. There has a big field for the investors to invest. People have the opportunity to participate in different campaigns by which they can make a alternative source of income. It will help to increase countries revenue and also reduce unemployment.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: vegasus on October 29, 2020, 10:22:34 PM
There must be much consideration of a certain country to accept or deny Bitcoin and other cryptocurrencies. They always say that it is for the sake of a good balanced financial system and also avoids from easy money laundering.
here, actually, it can't be a reason. Every country needs to accept BTC and cryptos because this is the digital era and crypto will become a very good thing to implement. And now, many more countries accept it,
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: gotbounty on October 29, 2020, 11:23:09 PM
Not all countries can easily accept Bitcoin because they have their own regulation. We must realize that Bitcoin is a new technology, so let it be adopted gradually. I think it should take time for Bitcoin to be approved by most countries in the world.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: EthereumDev_ on November 04, 2020, 02:56:45 AM
yes of course that is very important because if many countries accept bitcoin, many will use bitcoin and of course it can give rise to bitcoin prices.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Gubre on November 04, 2020, 03:50:12 AM
It depends upon the result of the scale of the government to its community. If people from a nation couldn't afford the price or even the risk from being involve in bitcoin better not to.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Fenix on November 04, 2020, 06:13:09 AM
States do not approve of cryptocurrency.  They legalize it by establishing general rules for its walking on their territory.  By doing this, they simultaneously take cryptocurrency under their protection, including judicial protection, and protect the rights of participants in the cryptocurrency market.  Without this regulation, the cryptocurrency does not have any legal status, and therefore, when certain disputes arise, it is very difficult to prove your right to cryptocurrency.  Therefore, such legal legalization of cryptocurrency by states is necessary.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Hisbullah on November 04, 2020, 03:54:22 PM
There are more people out there wishing to invest in Bitcoin but live in fear, uncertainty and doubts about Bitcoin due to the frequent attacks coming from the banks and governments. Once Bitcoin is approved in a country, a lot of investors in that country calm down and are able to invest under no tension and pressure.

Yes I think It is really necessary for country to approve bitcoin, because many people doubt and fear to Invest in bitcoin. When the bitcoin is legal and accepted, I think bitcoin will be more stable and more popular than now. I hope bitcoin will be accepted by all countries soon.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: TERMINO on November 04, 2020, 04:38:56 PM
Not necessarily to approve due to valid reasons like what is the economic status of the country and what is the point of view of the citizens. In the country no government means no family. Therefore the family is the one who form government.
The government duty is to help and protect the country by any means even to restrict Bitcoin. The adoption of Bitcoin depends on the economic level of each country.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Blaze on November 04, 2020, 05:28:20 PM
Not necessarily to approve due to valid reasons like what is the economic status of the country and what is the point of view of the citizens. In the country no government means no family. Therefore the family is the one who form government.
The government duty is to help and protect the country by any means even to restrict Bitcoin. The adoption of Bitcoin depends on the economic level of each country.
but when several countries start accepting bitcoin payments, more and more will use bitcoin and of course bitcoin will be accepted anywhere as a legal means of payment and make the price go up.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: syedrasool2011 on November 05, 2020, 12:09:17 PM
Its time to legal btc in all country to much money in bitcoin because any time you can use btc buy and sell corona any time.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: azmirihaque on November 05, 2020, 01:12:43 PM
Bitcoin marker is a potential sector for investment in the modern era. A lot of investors have the opportunity  to make a greater profit by investing their fund. If the government permit bitcoin, many people will be able to invest their fund. Besides it will help to increase the countries revenue and decreased unemployment.  So I think, Countries should permit bitcoin.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Sammy9ce on November 05, 2020, 01:23:19 PM
Is very very necessary I will say... Bitcoin makes investment easier and many transactions can be done without questions  from the bank or gov't.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: trauchot on November 05, 2020, 01:41:26 PM
Many countries do not want to deal with bitcoin and cryptocurrencies in general, and as we know, this is all due to the fact that too much money is laundered through bitcoin and other cryptocurrencies and this money cannot be tracked and it is this problem that prevents many countries from legalizing bitcoin, so I don't even think that most countries will legalize bitcoin anytime soon. But I am sure that many countries would benefit from legalizing bitcoin, so I would want to see all countries legalize bitcoin in the future.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Darryl Gambet on November 05, 2020, 02:04:38 PM
There are more people out there wishing to invest in Bitcoin but live in fear, uncertainty and doubts about Bitcoin due to the frequent attacks coming from the banks and governments. Once Bitcoin is approved in a country, a lot of investors in that country calm down and are able to invest under no tension and pressure.
It is hard to trust bitcoin because it digital currency or it from the internet and we knew that many scammers on the internet. If it approve bybthe government it will attract many investor that will contribute on the countru and its economy
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Methos on November 05, 2020, 02:11:34 PM
Agree to that, cryptocurrency should be legalized already in our countries to easily transact in daily life. But it will be surely hard to implement since majority of people living in a 3rd world country will have hard time understanding this system because they can't properly read or write. Also, it can be a source of corruption since we cannot easily trace the movement of the crypto.

Hoping that in the near future we can legally use the cryptocurrency.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: flyaccount on November 05, 2020, 02:21:45 PM
I totally agree with this statement. where government recognition is essential for peace. If it is official, it will be calmer in investing in bitcoin. And investment in bitcoin is very potential.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: syedrasool2011 on November 08, 2020, 09:38:47 AM
Yes time to approve bitcoin if not that country will cry later now days Bitcoin is to much popular.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: AllSii on November 08, 2020, 03:48:39 PM
Yes I think It is really necessary for country to approve bitcoin, because many people doubt and fear to Invest in bitcoin. When the bitcoin is legal and accepted, I think bitcoin will be more stable and more popular than now. I hope bitcoin will be accepted by all countries soon.
It is not clear why the state itself needs this, so that citizens of the country keep their savings in bitcoins, and not in the national currency.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Tanzeeljaan on November 08, 2020, 08:07:21 PM
In my opinion, Bitcoin is a very strong digital currency that should be legalized all over the world. This will bring a positive changes in the every country. The Economy of every country will be strong when they legalized the Bitcoin.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: pelana vreo on November 08, 2020, 08:18:59 PM
Developing countries will not prohibit the use of bitcoin for investment, but they will prohibit the use of bitcoin as a means of payment, this situation looks good when we have seen Bitcoin recognized as a digital asset that has a value of up $15k to 20k so we don't have to worry about government regulations if they don't prohibit ownership of this digital asset.
Blockchain is a reason why the government and state parliaments still think about Bitcoin because without Bitcoin, we will not see blockchain technology, which in fact several countries have developed this technology in all state asset management systems from agricultural systems, medicine to other things.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: alltalk on November 08, 2020, 10:12:10 PM
I think it is necessary, especially to approve it as a legal digital asset. In my country, Bitcoin is already legal as a digital asset. But Bitcoin isn't approved as a payment tool yet. Our laws don't allow Bitcoin to be the payment tool since only our national currency is eligible for the payment tool. For me, it is no problem as long as we can convert Bitcoin to our national currency. There are already some exchanges as the media to convert Bitcoin to our national currency. I have no difficulties to convert it!
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: MRM on November 08, 2020, 10:34:14 PM
A lot of people in every country want to invest in Bitcoin. So many people are willing to invest but bitcoin is not allowed in those countries. So I think in countries where bitcoin or cryptocurrency is not allowed, if it is allowed, users in those countries can calm down a lot and pay more attention to investment. I think it will be easier to transact from banks if it is approved in countries that do not have approval. So the government of every country has to work to make the transaction easier.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: sky20 on November 09, 2020, 09:24:02 PM
Bitcoin approval is so necessary for bitcoin trader of that country. Bitcoin is the strong digital currency which is used many countries. If any country don't approve bitcoin then no one can use it frequently. Other wise there are some problems to allow bitcoin which is developing country. I think some times it is not necessary to allow bitcoin. 
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Anthony Estiva on November 10, 2020, 03:42:40 AM
I guess it is more likely to be approved in the developed countries. Such as USA, France, UK and whatsoever. For instance, if you can invest then there is a high possibility to extract your spending and asset on your accoubt due to high security of the aforementioned countries funded by their country's department which focuses on digital assets.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Sentinel on November 10, 2020, 07:52:59 AM
In the absence of government approval, investing in bitcoin is indeed very stressful. And this is a challenge for investors. And this is considered an art in investing, because there may indeed be some investors who are looking for it.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: sampoerna on November 10, 2020, 11:28:13 PM
That is how BItcoin exists. Bitcoin is something no very volatile, high of fluctuation, and we may lose much money in it. But on the other hand, do you know why Bitcoin is very worthy to invest in? Because BTC offers a high reputation, value, and also its trust better than other coins. So here, I personally happy about what I decided to enter the Bitcoin world. And about the regulation, yeah, if your country will be more and more developing, why don't we gather to make Bitcoin approved in each country?
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: ranaprime on November 11, 2020, 06:51:34 PM
At this moment i think it is necessary but not the burning questions. Most of the country in the world didn't accept bitcoin but we see that most countries of the people use bitcoin as well as crypto currency with out any interruption. So i think the approval of bitcoin is not necessary.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Master107 on November 11, 2020, 07:17:21 PM
Necessary mate, because the world approach on digital aspect must level up to eliminate traditional way of transactions in the future. Generally speaking once bitcoin was approved, for sure cryptocurrencies are also legal. The country's people can use all cryptocurrencies benefits according to what type of coins he/she's holding.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Methos on November 15, 2020, 04:42:21 PM
There are more people out there wishing to invest in Bitcoin but live in fear, uncertainty and doubts about Bitcoin due to the frequent attacks coming from the banks and governments. Once Bitcoin is approved in a country, a lot of investors in that country calm down and are able to invest under no tension and pressure.

Yes, I think The government should approve and legalize bitcoin. Because Bitcoin is  the future currency. It will be needed in the coming future.

It is not necessary to a government or country to approve the bitcoin because we all have our currency in each country already,  all to be honest we would like make it Atleast a try like a support from our government to implement a certain rules to help us monetize or convert our cryptocurrencies in to commodity.

 
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Vx1 on November 15, 2020, 04:47:12 PM
Bitcoin is a modern payment technology, developed countries should be able to legalize Bitcoin use in their countries.  Thus of course the general public will be calmer using Bitcoin, both for investment and trading.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Review Master on November 15, 2020, 04:56:41 PM
To be honest, it's necessay for a country to approve for modern usages. Even they can regulate bitcoin for controlling the illegal activites because both government and crypto-exchanges can reduce those activites by tracking the transections and freeze those cryptos as there no ways to fully identify those suspects. Also, any country can use lighting network for payment usages.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Riya143 on November 15, 2020, 05:21:22 PM
The development of the country requires the use of modern technology. The use of modern technology will help finance and turn the country into a developed country. This can be done through bitcoin transactions. Bitcoin transactions will spread all over the world and there will be opportunities for transactions in every sector of the country. With the advancement of technology, Bitcoin will expand and the amount of transactions within the country will increase. The governments of different countries will get tax from the transactions. A country's economy will improve. So Bitcoin needs approval.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Tnoy30 on November 15, 2020, 05:42:05 PM
Bitcoin approval will play a huge role in the economy of every country. If approved, the speed of transactions inside the country may increase a lot. As a result, the government will be able to put pressure on the banks to collect taxes. In the current situation of each country, Bitcoin plays a role in the economy. But the governments of some countries do not care about this. But I think bitcoin approval is needed for any country. Bitcoin approval is required to make transactions and business processes easier.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Malam90 on November 16, 2020, 02:19:41 AM
It's not necessary for a country to approve or legalize Bitcoin from the perspective of Government. Basically development of a country depends on the adoption with new technology but this doesn't mean to approve Bitcoin because Government has no control over Bitcoin's transaction, regulation etc. Besides, it is now being used in many illegal ways like money laundering, kidnapping etc. If Government can't control and regulate its transaction, they can't come forward to legalize or approve Bitcoin in a particular country but they can find any alternative method.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: DAMKAR on November 16, 2020, 04:59:39 AM
There are more people out there wishing to invest in Bitcoin but live in fear, uncertainty and doubts about Bitcoin due to the frequent attacks coming from the banks and governments. Once Bitcoin is approved in a country, a lot of investors in that country calm down and are able to invest under no tension and pressure.

Not need, I think It is not necessary for a country to approve bitcoin. For now I see several countries have blocked bitcoin, but not affect bitcoin progress. Because I see bitcoin is still going up and be needed at other countries. They are adopted blockchain technology.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: EthereumDev_ on November 16, 2020, 07:16:17 AM
it should be very important for people to approve bitcoin because until now bitcoin can be used by many people and many countries so they should legalize bitcoin.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: azmirihaque on November 16, 2020, 08:27:02 AM
I think, Countries should permit bitcoin. Bitcoin is one of the potential platform for investment of a country. A lot of investors will be highly benefited if bitcoin gets legality. Countries have a concern for security on it but they can develop a monitoring tools. If monitoring tools are developed, many countries will permit it.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Delgboke on November 16, 2020, 08:53:59 AM
Yea, for me it can be necessary for a country to approve bitcoin depending on who is seating as the president of such country but must be sure to have convinced it's citizens the advantage and disadvantages that follows the digital assets and how they can manage its risk of approving bitcoin as an investment.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Delgboke on November 16, 2020, 08:58:54 AM
Yea, for me it can be necessary for a country to approve bitcoin depending on who is seating as the president of such country but must be sure to have convinced it's citizens the advantage and disadvantages that follows the digital assets and how they can manage its risk of approving bitcoin as an investment.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Fadhilz123 on November 16, 2020, 10:28:09 AM
We live in the country and every country has different policies, and for the country don't approve of bitcoin will make people scared to invest in it, so it is necessary for the country to approve it because it will relieve fear and make people confident to invest in bitcoin
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: cryptopediabd on November 16, 2020, 11:11:39 AM
Actually poor countries don't accept bitcoin because they don't control bitcoin and others cryptocurrencies. Only developed countries are eligible to accept bitcoin. Japan, USA, Canada, Australia, Estonia, etc countries are worthy to accept. Our Bangladesh almost willing to accept bitcoin.
Possibly they do not have information of block chain innovation , they perplexed their possess fiat money. I think it is ordinary, I accept when all nations have information almost Bitcoin, they will acknowledge bitcoin and addopt the bitcoin innovation for their company. It will happen at the coming future.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: cryptopediabd on November 16, 2020, 11:13:31 AM
Possibly i think Bitcoin worthiness world wide is coming up more grounded by the day, and before long there will be much more intrigued from individuals are the globe. It begun as a little community of devotee but it'll hit moon.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: AllSii on November 16, 2020, 12:32:53 PM
Not need, I think It is not necessary for a country to approve bitcoin. For now I see several countries have blocked bitcoin, but not affect bitcoin progress. Because I see bitcoin is still going up and be needed at other countries. They are adopted blockchain technology.
It is better that the government does not seek to regulate cryptocurrency at all. The main thing is that the government did not ban bitcoin.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: sky20 on November 17, 2020, 04:52:33 PM
There are more people out there wishing to invest in Bitcoin but live in fear, uncertainty and doubts about Bitcoin due to the frequent attacks coming from the banks and governments. Once Bitcoin is approved in a country, a lot of investors in that country calm down and are able to invest under no tension and pressure.
Bitcoin is not allowed most of the countries in the world. Why the leading country of the world are not accept bitcoin? What is the reason? I believe that bitcoin or crypto currency is out of control. This is the main reason to avoid bitcoin. If they control it then definitely they accept bitcoin.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Tanimariya on November 17, 2020, 08:02:26 PM
Bitcoin does not wait for permission from any country. Even if the government of a country bans Bitcoin and enforces strict laws, it is not possible to suppress Bitcoin. Because there will be a lot of trade inside that country. The government of any country will not be able to stop the trade of bitcoin. The trade of bitcoin is constantly increasing. If the governments of a country want to tax Bitcoin, then they have to come up with a new plan.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: densus88 on November 18, 2020, 04:30:40 AM
Bitcoin does not wait for permission from any country. Even if the government of a country bans Bitcoin and enforces strict laws, it is not possible to suppress Bitcoin. Because there will be a lot of trade inside that country. The government of any country will not be able to stop the trade of bitcoin. The trade of bitcoin is constantly increasing. If the governments of a country want to tax Bitcoin, then they have to come up with a new plan.

Of course, I agree with you, Bitcoin does not wait for permission from any country. Bitcoin will go strong. Because bitcoin is the  future currency. No countries can refuse this technology. I believe cryptocurrencies will more popular than now.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Noverteno on November 18, 2020, 06:15:18 AM
Bitcoin does not wait for permission from any country. Even if the government of a country bans Bitcoin and enforces strict laws, it is not possible to suppress Bitcoin. Because there will be a lot of trade inside that country. The government of any country will not be able to stop the trade of bitcoin. The trade of bitcoin is constantly increasing. If the governments of a country want to tax Bitcoin, then they have to come up with a new plan.

Of course, I agree with you, Bitcoin does not wait for permission from any country. Bitcoin will go strong. Because bitcoin is the  future currency. No countries can refuse this technology. I believe cryptocurrencies will more popular than now.
Bitcoin and other cryptocurrencies do not so much need government approval as they need to be recognized as part of the financial system of society and establish general rules for circulation and regulation.  Without this, decentralized cryptocurrency will not be able to develop as a means of payment.  It should always be remembered that, if the state so desires, by uniting, they can drive the cryptocurrency underground, establishing criminal liability for its use.  Then after a while we will simply forget what a cryptocurrency is.  When the cryptocurrency begins to gain weight, the attitude of states towards it may still change.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: vaysar on November 18, 2020, 08:41:32 AM
There is a need to somehow legitimize cryptocurrencies, this process has already gained momentum, and this needs to be legalized. Here, each country goes its own way, but over time it will have to develop an international position on the functioning of the crypto market.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: AllSii on November 18, 2020, 05:04:34 PM
Bitcoin and other cryptocurrencies do not so much need government approval as they need to be recognized as part of the financial system of society and establish general rules for circulation and regulation.  Without this, decentralized cryptocurrency will not be able to develop as a means of payment.  It should always be remembered that, if the state so desires, by uniting, they can drive the cryptocurrency underground, establishing criminal liability for its use.  Then after a while we will simply forget what a cryptocurrency is.  When the cryptocurrency begins to gain weight, the attitude of states towards it may still change.
I agree with your opinion. The government can ban bitcoin in the country, but this will lead to nothing. Bitcoin does not need such permissions, because it is decentralized.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: doc on November 18, 2020, 07:27:47 PM
There are more people out there wishing to invest in Bitcoin but live in fear, uncertainty and doubts about Bitcoin due to the frequent attacks coming from the banks and governments. Once Bitcoin is approved in a country, a lot of investors in that country calm down and are able to invest under no tension and pressure.

If the country approve bitcoin , I think we will see the good condition for bitcoin. Bitcoin will be more popular. I also think many investors will start ato Invest more on bitcoin. For now, bitcoin still has blocked at several countries.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Quart on November 18, 2020, 11:55:03 PM
I think it is necessary because the business of Bitcoin trading or investment will create a place for new jobs. So, then many people can have jobs, even just side jobs. If we see the potential in crypto investment or trading, it is very profitable. Why don't to try having Bitcoin in a country.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Coin63@ on November 19, 2020, 01:30:31 AM
Some development countries already accepted bitcoin and using their daily purposes. But some developing countries trying to accept bitcoin but some technical and governmental issue obstacles the road to approve. But day by day bitcoin and others cryptocurrencies popularity increasing.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Malam90 on November 19, 2020, 02:12:41 AM
It's not necessary to approve Bitcoin for a country as it is decentralized and government has no control over it. But no country can avoid it because of its widespread use and popularity. Besides this, blockchain technology is the best modern technology in many sectors specially in financial world. Every country is adopting with blockchain technology rapidly for taking best facilities of it. Already many developed countries approve Bitcoin, some countries either accept or reject situation. Maximum developing countries are far away from approve for its internal some policies and techniques. I hope in the near future they will approve.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: lepbagong on November 19, 2020, 02:20:41 AM
Some development countries already accepted bitcoin and using their daily purposes. But some developing countries trying to accept bitcoin but some technical and governmental issue obstacles the road to approve. But day by day bitcoin and others cryptocurrencies popularity increasing.
In terms of popularity, almost all countries already know about crypto and bitcoin, as well as the general public who have heard of it even though they may not know the details. what do you say the reality that happens to bitcoin where there are already those who use it but there are still those who prohibit it. It does need continuous information and its usefulness, especially during this pandemic, the information should be reported intensively.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Astra on November 19, 2020, 08:19:03 AM
Not need, I think It is not necessary for a country to approve bitcoin. For now I see several countries have blocked bitcoin, but not affect bitcoin progress. Because I see bitcoin is still going up and be needed at other countries. They are adopted blockchain technology.
It is better that the government does not seek to regulate cryptocurrency at all. The main thing is that the government did not ban bitcoin.
The need to approve a cryptocurrency is simply a misnomer.  No state has ever approved and will not approve of the existence of cryptocurrency.  States legalize it by determining its legal status and establishing general rules for walking in society.  This is necessary for the protection and development of cryptocurrency.
When an exchange or platform is hacked,  think about law enforcement. However, they cannot interfere in relations that are not regulated by the rule of law.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: bayiajaib on November 19, 2020, 02:35:44 PM
If the country approves bitcoin , I think It will be good condition for bitcoin. But Bitcoin also isnot  need the approval of the country. Many countries also banned bitcoin , But bitcoin still exist and more popular now.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: shadowdio on November 19, 2020, 05:24:43 PM
Yep it is necessary to legal to use bitcoin or any cryptos for a country so that people will confident to use bitcoin, not thinking illegal but people should have knowledge about crypto because there are some disadvantages.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: franch on November 19, 2020, 07:03:50 PM
If a country's government legalizes Bitcoin, more people will invest in Bitcoin. Many do not invest in Bitcoin because of fear, uncertainty, and panic, thinking that they can go into legal difficulties whenever they want. So the legalization of Bitcoin will encourage more people to develop new projects, which will definitely boost the country's economy.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Carbitcoin on November 19, 2020, 07:24:52 PM
In many countries, cryptocurrency is prohibited and all illegal actions with currency can be punished according to the law. It is these actions of governments that scare many people and alienate them from the cryptocurrency market. In addition, the government prohibits cryptocurrency, and accordingly conducts Anti-cryptocurrency policy and thereby spreads negative information, which also scares people away. Legalization and support of cryptocurrency by the government is required in any case.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: EthereumDev_ on November 20, 2020, 04:15:39 AM
accepting bitcoin is actually not a very important problem because with bitcoin you can make transactions easier and of course it will have a good effect on the price of bitcoin because it can increase the use of bitcoin.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Doctor on November 20, 2020, 09:31:59 AM
There are more people out there wishing to invest in Bitcoin but live in fear, uncertainty and doubts about Bitcoin due to the frequent attacks coming from the banks and governments. Once Bitcoin is approved in a country, a lot of investors in that country calm down and are able to invest under no tension and pressure.

I think yes,
In my opinion I see bitcoin have blocked at several countries, so It is necessary for a country to approve bitcoin. We can use bitcoin for payment transaction and Investment, It is more secure and usable if the countries accept bitcoin.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: jakasantosa on November 20, 2020, 09:42:21 AM
Actually there are many ways to invest in bitcoin even though you are in fear. the point of fear is that someone is not sure if bitcoin investment will benefit. therefore, before investing in bitcoin, you should learn about the advantages and disadvantages of bitcoin. If you already know about bitcoin, you can overcome your fear in many ways.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: dodok on November 20, 2020, 09:55:01 AM
yes, I agree with your opinion, with the approval of bitcoin in a country it will attract investors to be able to invest in that country and that is very beneficial for countries that have approved the existence of bitcoin.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Carbitcoin on November 20, 2020, 05:43:42 PM
accepting bitcoin is actually not a very important problem because with bitcoin you can make transactions easier and of course it will have a good effect on the price of bitcoin because it can increase the use of bitcoin.
today we do not think about the problem of legalization, because the regulatory authorities have not yet approached us. we can sit comfortably at home and trade cryptocurrency at the computer, receiving additional income. But as soon as they pay attention to us, we will have very huge problems, including tax evasion. This is a very sensitive question and you need to approach this topic very carefully. But as soon as the time comes, this issue will be very important for all of us.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Kiritod on November 20, 2020, 05:54:41 PM
All up to the country.

I believe every country already have e-payment, because they need to protect the customer using cryptocurrency & bitcoin have a high volatility. Some country can limited cryptocurrency to be used as a payment method but not limited as investment purpose.

The customer need some protection, their fund not decrease.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: masudginanjar on November 22, 2020, 09:45:38 AM
It is necessary, because from the exchange transaction tax there can be income for the country.
But on the condition that a centralized local exchange must be given permission to operate in that country, if it is not permitted then Bitcoin will not rotate in that country.

No, if the country is in a state of conflict, like in the future there will be buying of weapons using Bitcoin and that is very dangerous.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Muneeb22 on November 22, 2020, 02:32:32 PM
In so many countries peoples will use the BTC and also other crypto coins and the approve of the Bitcoin is not important but in so many that is block but the peoples will use that becasue the transaction fee is low and just the banks create these problems now, when the crypto is going to be legal that time no one can make any action on it.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Hamida on November 22, 2020, 04:00:30 PM
No, bitcoin doesn't need approval from country. Bitcoin will go on and more be needed at teh future.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: kent47400 on December 12, 2020, 07:44:13 PM
I don't think it's necessary because the country doesn't need Bitcoin.
The state only needs a tax on Bitcoin trading.
Therefore, the state cannot legalize Bitcoin arbitrarily because Bitcoin cannot be regulated.

So the state needs to accept Bitcoin which the country needs is a tax on the results of trading Bitcoin on a centralized exchange.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Paglamon on December 12, 2020, 10:40:07 PM
Bitcoin does not wait for approval from any country. Bitcoin is much more popular all over the world. So I think no country's government can control bitcoin. Bitcoin does not depend on the approval of any country's government.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: yemight62 on December 12, 2020, 11:37:58 PM
There are more people out there wishing to invest in Bitcoin but live in fear, uncertainty and doubts about Bitcoin due to the frequent attacks coming from the banks and governments. Once Bitcoin is approved in a country, a lot of investors in that country calm down and are able to invest under no tension and pressure.
It's clear and simple. If a country or nation does not want something, it means it's restricted and it's operations is a no go area for such place.  The same thing applicable to BTC and other cryptocurrencies. BINANCE announced lately that it will be closing it's operation in some countries, this is because those countries does not obviously support cryptocurrency.  So it's very important government support it
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Casual on December 13, 2020, 02:44:16 AM
In countries where Bitcoin is not polite, there is a lot of fear in investing in Bitcoin. And there are some countries where Bitcoin has legitimacy where people definitely start investing.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Emircan on December 13, 2020, 07:41:24 AM
In countries where Bitcoin is not polite, there is a lot of fear in investing in Bitcoin. And there are some countries where Bitcoin has legitimacy where people definitely start investing.
In my opinion, which countries accept BTC, their country is very developed because BTC is an opportunity to help them increase their asset value as well as increase their income ability to help them develop the country as well as the economy. And the countries they do not accept, they are still afraid and not willing to accept, their country will go backwards compared to the future that is developing very quickly.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Senin on December 13, 2020, 08:20:33 AM
Bitcoin does not wait for approval from any country. Bitcoin is much more popular all over the world. So I think no country's government can control bitcoin. Bitcoin does not depend on the approval of any country's government.
This is a fairly common misconception.  Decentralized cryptocurrency is in dire need of legalization by states by establishing its legal status and conditions of circulation in society.  If this does not happen, then you should not even hope that bitcoin and other cryptocurrencies will be massively used as a means of payment.  You can always keep it in your wallet, send to each other, but if it is not widely used as a means of payment, then its popularity will fall over time.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: msz900 on December 27, 2020, 04:21:43 AM
Bitcoin approval is good for any country's economy because if they make the crypto currency legal then any person who can afford the mining can get some of the cryptos and can earn some money.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Malam90 on December 27, 2020, 04:27:59 AM
It is not necessary for a country to approve Bitcoin but to cope with the present world, approval of Bitcoin is a country can play a vital role or their own digital currency as it is now a hot demand to most of the countries. Considering all aspects, approval of Bitcoin is a demand of time. Or, the countries can develop their own digital currency.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: XM8 on December 27, 2020, 04:54:43 AM
You are absolutely right because it is very important for very country to approve cryptocurrency.It is make a country modern.But some countries have effected had results.Many countries economy rate is very poor so that ware not control their economy rate .It make pressure on his country.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Pheonyx on December 27, 2020, 07:31:45 PM
I think even a government will approve bitcoin it will not remove the fear because it does not mean bitcoin is risk free. Aside from this the psychological effect when the market is  bad could lead anyone to panic and sale their bitcoin.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: anshor1 on December 27, 2020, 09:32:10 PM
There are more people out there wishing to invest in Bitcoin but live in fear, uncertainty and doubts about Bitcoin due to the frequent attacks coming from the banks and governments. Once Bitcoin is approved in a country, a lot of investors in that country calm down and are able to invest under no tension and pressure.

Well, if the countries approve bitcoin, I think It is good for investors there. Because I see at several countries have blocked bitcoin. Bitcoin is the future technology, No reason to against this technology, they should accept this technology.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Ricky on December 29, 2020, 02:24:00 AM
I think it is very important for a country to legalize Bitcoin. My idea is that if cryptocurrency is legalized, any country will move forward economically. It will be possible to complete digital transactions in any country through this cryptocurrency. So I think cryptocurrency should be legalized in all countries around the world.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Amaraly on December 29, 2020, 04:45:22 AM
need all countries of the world to accept bitcoin but very difficult because they fear bitcoin will affect their country's currency. Bitcoins are perfect for tax evasion or stealth bets. These transactions are not detected in undeveloped countries
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Zulema on December 29, 2020, 06:30:13 AM
Yes, it is difficult for a country to accept bitcoin for a lot of reasons. If accept bitcoin always has 2 the face is growed the country's economy will grow and easily evade taxes and underground transactions
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Sterling on December 29, 2020, 07:18:21 AM
There are more people out there wishing to invest in Bitcoin but live in fear, uncertainty and doubts about Bitcoin due to the frequent attacks coming from the banks and governments. Once Bitcoin is approved in a country, a lot of investors in that country calm down and are able to invest under no tension and pressure.
yes a lot of countries are banning bitcoin but I believe with modern development bitcoin is coming closer to everyone and no one can stop it. The future is wide open for cryptocurrencies
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Sierra on December 29, 2020, 07:43:32 AM
Yes, if countries accept bitcoin then it is a step or a step because bitcoin should only have documentation because it is not highly stable so it is difficult to accept
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: gqinyot on December 29, 2020, 07:44:58 AM
In my opinion, accepting as a casino is okay if the currency works in parallel with their currency, it is very difficult because it is not as stable as the current currencies.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Riktakhanom on December 29, 2020, 07:54:12 AM
Bitcoin approval will improve their country and increase the demand for bitcoin but it has a long time to come bitcoin is not stable and no one can drive it on its own. Everyone can increase their demand by accepting Bitcoin.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Malam90 on December 29, 2020, 08:29:03 AM
In my opinion, accepting as a ((casino)) is okay if the currency works in parallel with their currency, it is very difficult because it is not as stable as the current currencies.

Bitcoin isn't stable like stable coins. So, every country has own thinking about Bitcoin adoption. Some countries still very aggressive mode on Bitcoin approval, but maximum countries are now liberal. It depends of the financial policy of a certain country. Approval is only possible when they make special act on it for the user of Bitcoin.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Rowan on December 29, 2020, 09:34:31 AM
Yes, countries around the world are hesitant to accept bitcoin because it has two advantages and disadvantages but developed countries will lead the way in accepting bitcoin.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Quantum X on December 29, 2020, 05:56:20 PM
Yes, if countries accept bitcoin then it is a step or a step because bitcoin should only have documentation because it is not highly stable so it is difficult to accept
I'm not really sure what you want to say here mate. Is it okay to elaborate more your opinion?
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: mlawson71 on December 29, 2020, 07:09:52 PM
I'm a little confused as well, I confess.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: anobtc on December 30, 2020, 04:29:50 AM
Nearly all countries have yet to legalize bitcoin, however we can see the number of people interested and investing in BTC still increasing day by day. And because of my decentralized and anonymous nature, I think it doesn't matter if a country accepts BTC or not.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Magepai on December 30, 2020, 06:40:22 AM
We have seen in almost all countries but Bitcoin is not legal tender. In fact, many countries are investing in Bitcoin despite its lack of legitimacy. Everyone is seeing that investing in this is going to be very profitable which is why we can see that the investors are increasing day by day.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Wedhus Balap on December 31, 2020, 12:08:07 PM
It needs to be understood that in any investment world nothing can promise 100% security and returns. Even though the system is unlikely, there is a potential risk. It is reasonable. Even if there is doubt, fear and uncertainty, it is not just a matter of regulation within a country. But it is also important to study a system in detail and thoroughly
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: ttcsalam on December 31, 2020, 12:22:03 PM
There are more people out there wishing to invest in Bitcoin but live in fear, uncertainty and doubts about Bitcoin due to the frequent attacks coming from the banks and governments. Once Bitcoin is approved in a country, a lot of investors in that country calm down and are able to invest under no tension and pressure.
I agree.Of course, now it needs to be officially approved in any country.Because it has been able to meet the needs of all types of human transactions in a pandemic situation.It will be good for any country if it does everything legally as it is.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: msz900 on January 01, 2021, 04:23:53 AM
I'm a little confused as well, I confess.

Crypto adoption is necessary in terms of technology and the other thing is that I think the crypto era is too short and will disappear soon, so we have to take the benefit from it before it vanished.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: monig18 on January 01, 2021, 05:32:45 AM
It is not necessary for a Country to approve Bitcoin.Every country has its own right to accept it or not.
For acceptance there is a difficulty in Bitcoin itself because it is not stable.Due to its unstability Country avoid to accept it.When It will stable countries will use to adopt it.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Quantum X on January 01, 2021, 06:37:56 AM
It is not necessary for a Country to approve Bitcoin.Every country has its own right to accept it or not.
For acceptance there is a difficulty in Bitcoin itself because it is not stable.Due to its unstability Country avoid to accept it.When It will stable countries will use to adopt it.
Bitcoin will never the stable.If the price of bitcoin will someday be stable it could be the main part for it's downfall because whales will surely find another to fill their hungry pockets.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: tervel on January 01, 2021, 06:44:02 AM
The current distributed nature of all crypto-currency is probably a threat on how banking system operates. current banking system usually is a centralized system, where all trust is placed on the banking institution.The widespread adoption of cryptocurrencies by citizens pose a threat for banks and governments.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Malam90 on January 01, 2021, 07:07:25 AM
It is not necessary for a Country to approve Bitcoin.Every country has its own right to accept it or not.
For acceptance there is a difficulty in Bitcoin itself because it is not stable.Due to its unstability Country avoid to accept it.When It will stable countries will use to adopt it.

Although it isn't necessary for a country to approve Bitcoin but we can't drop its importance in the upcoming future when majority of the countries, sectors and organizations will accept and use Bitcoin for daily different purposes. Already started its more and more acceptance and approval. Bitcoin won't be stable for its natural reason. We have to think its lower supply and rapid increasing demand almost every day.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: de_prof on January 01, 2021, 08:27:03 AM
There are more people out there wishing to invest in Bitcoin but live in fear, uncertainty and doubts about Bitcoin due to the frequent attacks coming from the banks and governments. Once Bitcoin is approved in a country, a lot of investors in that country calm down and are able to invest under no tension and pressure.

I think if the country approve bitcoin, It will have good impact. Many investors will confident to invest in bitcoin because the government accepted bitcoin. I think We will see it at the coming future. Hopefully.
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: yemight62 on January 02, 2021, 03:31:31 PM
There are more people out there wishing to invest in Bitcoin but live in fear, uncertainty and doubts about Bitcoin due to the frequent attacks coming from the banks and governments. Once Bitcoin is approved in a country, a lot of investors in that country calm down and are able to invest under no tension and pressure.

Well, if the countries approve bitcoin, I think It is good for investors there. Because I see at several countries have blocked bitcoin. Bitcoin is the future technology, No reason to against this technology, they should accept this technology.
I think most countries fears its operation because of its transparency and it's not easily traceable to any user or individual. Most countries know this will give no room for corruption or any dubious secretive transaction
Title: Re: Is it necessary for a country to approve Bitcoin?
Post by: Malam90 on January 02, 2021, 04:03:54 PM
This topic has been locked now as it is more than 2 years old topic. We need to create new topic and reply there.