What Do You Think About Crypto Currencies Going Illegal World Wide??

[Nersreem 279]

I don't have such thinking about cryptocurrency, with so much hope I believe that cryptocurrency will be legalise around the world. 

[Farsa fat 328]

If some countries impose a ban on cryptocurrencies, then there will always be countries that disagree with these prohibitions. and since crypto has no boundaries, prohibitions will be useless

[Faska fas 307]

I do not think that Crypto Currencies Going Illegal World Wide.There can be some people who might use it in illegal way for their own interest.But it is truth that it is helping the people very much

[Yad hair 358]

Through some country banning crypto currency but till I don't think this will be banned through the whole world. Because crypto currency is our future and it's our future currency

[Jacky clark 368]

In my country Bitcoin is legal and prohibited to use, It's impossible that Bitcoin will banned all over the world. Because a lot of people user of Cryptocurrency and many people help financially because of Bitcoins. Other countries banned Bitcoin or Crypto because they can't handle the power of coins because it will use in illegal activities

[Robert William 590]

I don't think so, most of the people in the bank are also using crypto currencies so i don't think so they will ban crypto currencies world wide. I think crypto currencies will be accepted world wide in the future

[Garion hirao 550]

Crypto currency is illegal in other countries because they seen the badside of it like crypto can be use in illegal activities and they afraid of it because the worst scenario they cant do anything about it

[Wane Rastuar 583]

If bitcoin is declared illegal then the popularity of bitcoin will go down which allows bitcoin prices to go down too. It could be that over time bitcoin will die

[Idaho Bruk 573]

Although cryptocurrencies do not yet have official rules in many countries, cryptocurrencies have been recognized and used by the people. So no one country can prevent the use of cryptocurrencies over the internet

[Roarnoman12 621]

I seriously do not understand why it is illegal in some countries of the world? What is the reason behind that? But yes it is a life changing factor for many people so people will always find a way to work on it.

[Moudr 513]

Thanks for these valuable advice.We must follow a pragmatic, systematic approach to reach a good position here, and we must strive to search for valuable information and sufficient experiences.

[Mohammad2021 139]

Crytocurency currencies are not actually illegal everywhere. They are illegal in some countries and legal in many countries. There are still many countries that were illegal before and they are slowly legalizing them because cryptocurrency legitimacy and cryptocurrency popularity are increasing day by day.  Income is possible so it is gradually being legalized in all countries. Hopefully it is still illegal in all countries. They will make it illegal later.

[Dang3r 103]

The possibility exists, however the path of regulating it is being chosen, lately some countries promote laws to collect taxes on income or promote the adoption of cryptocurrencies, they understand that it is a new stage of the economy and they try to make a profit out of it, a global ban is unlikely, but if it happens then the price will drop sharply and possibly be used only on black markets.

[Roman Wickler 1021]

Yeah cryptocurrency is doing great around the world. It helping alot of jobless people and students. But what you think that uf cryptocurrency be illegal all ove the world wide then there is nothing we can do. But it is not possible either way. This is not control by any government or any person. So don't worry it will never happen. 

[Sayed28 563]

Cryptocurrency is decentralized.So if its illegal then people will not stop using it.But at the same time people have to be aware all the time.So it will be hard for crypto community if its banned world wide.But I think the chance are low.As most of the  world is already adopted it and some are also doing work to adopt this digital form of currency. 

[selfmade 7]

Bitcoin is decentralized, it is like printing money without permission, so it was illegal in the fist place, so bitcoin starts by been illegal it can not start over been illegal, what is happening is many countries are starting to regulate it and more would come.

[Ameralsamt 2558]

Of course, dear, cryptocurrencies are legal and there is nothing illegal in it, but because fraudsters and hackers have illegally attributed cryptocurrencies, their fraudulent operations have really damaged and damaged encryption. 

[JessicaJady 43]

I think the government of all nations will come to understanding the cryptocurrencies importance one day but we need to play an important rules according to the legislation of according country. Bitcoin and cryptocurrencies are doing more than enough and soon it'll be anew trend even in banned nations i guess.

[Lokeloke 576]

On 1/22/2021 at 3:58 AM, Dang3r said:

The possibility exists, however the path of regulating it is being chosen, lately some countries promote laws to collect taxes on income or promote the adoption of cryptocurrencies, they understand that it is a new stage of the economy and they try to make a profit out of it, a global ban is unlikely, but if it happens then the price will drop sharply and possibly be used only on black markets.

But I'm still finding it hard to figure out the way the Government will be charging taxes on cryptocurrencies, not forgetting it's a decentralized currency and nobody has dominance over it. But banning crypto currency will not stop users from using it because it's illegal in most countries and yet People are still using it

[kion 381]

Well, the fact that cryptocurrecy was invented some years ago, so if today it has gone illegal and no country accepted it , then the world would just go back to the paper money we are using now, so I don't think that there would be any problems with crypto going illegal.

[abdullah553 1981]

On 12/12/2019 at 10:45 AM, Sameer said:

Crypto Currencies are doing great world wide. It is helping people to change their life. But sometimes when I think about it what will happenif it goes illegal or ban world wide. Because government has no control on it and they even can't charge tax. Maybe I am just thinking this because I don't have much knowledge but still what will happen it does get illegal world wide? 

I do not think that it is really possible after today for encryption to be illegal, because the work today has become heavily involved in it, and I do not think that it is possible for any country to ban it

[HadiLord 926]

They will not be able to do that, and if they were able to prevent cryptocurrencies from spreading, they would have done so since its emergence, because cryptocurrencies rely on blockchain technology, which is a decentralized technology that no one controls even the one who invented it.

[Dadouasaad123 902]

You are right, but this talk has become in the past, now there are many countries that have recognized Bitcoin, and there have become private shops for sale through Bitcoin, it is spreading a lot, in the end governments will deal with it side by side with their national currencies.

[selfmade 7]

On 1/24/2021 at 9:02 AM, kion said:

Well, the fact that cryptocurrencies was invented some years ago, so if today it has gone illegal and no country accepted it , then the world would just go back to the paper money we are using now, so I don't think that there would be any problems with crypto going illegal.

Imagine how many countries have banned cryptos, but still people are buying and using it in those same countries. In that case I think the banning of crypto worldwide, would not stop people from using bitcoin.

[Ysha5 763]

I think that this matter will cause an imbalance in the system of these currencies, and not all members will be able to return to normal work in this field, so the number of working people will decrease for fear of the consequences.