Is it necessary for a country to approve Bitcoin?

[Gubre]

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.

[Fenix]

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.

[Hisbullah]

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.

[TERMINO]

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.

[Blaze]

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.

[syedrasool2011]

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.

[azmirihaque]

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.

[Sammy9ce]

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.

[trauchot]

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.

[Darryl Gambet]

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

[Methos]

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.

[flyaccount]

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.

[syedrasool2011]

Yes time to approve bitcoin if not that country will cry later now days Bitcoin is to much popular.

[AllSii]

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.

[Tanzeeljaan]

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.