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Author Topic: Is it necessary for a country to approve Bitcoin?  (Read 18572 times)

Offline Negan

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Re: Is it necessary for a country to approve Bitcoin?
« Reply #30 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.

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Re: Is it necessary for a country to approve Bitcoin?
« Reply #30 on: August 04, 2018, 10:45:15 AM »

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Re: Is it necessary for a country to approve Bitcoin?
« Reply #31 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.

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Re: Is it necessary for a country to approve Bitcoin?
« Reply #32 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.

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Re: Is it necessary for a country to approve Bitcoin?
« Reply #33 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.

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Re: Is it necessary for a country to approve Bitcoin?
« Reply #34 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.

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Re: Is it necessary for a country to approve Bitcoin?
« Reply #35 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.
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Offline Alcor

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Re: Is it necessary for a country to approve Bitcoin?
« Reply #36 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.

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Re: Is it necessary for a country to approve Bitcoin?
« Reply #36 on: October 16, 2020, 08:03:24 AM »


Offline rizqillah

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Re: Is it necessary for a country to approve Bitcoin?
« Reply #37 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.

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Re: Is it necessary for a country to approve Bitcoin?
« Reply #38 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.
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Re: Is it necessary for a country to approve Bitcoin?
« Reply #39 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.

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Re: Is it necessary for a country to approve Bitcoin?
« Reply #40 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.

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Re: Is it necessary for a country to approve Bitcoin?
« Reply #41 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.

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Re: Is it necessary for a country to approve Bitcoin?
« Reply #42 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.
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Re: Is it necessary for a country to approve Bitcoin?
« Reply #43 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.
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Re: Is it necessary for a country to approve Bitcoin?
« Reply #44 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.

 

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