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

[el-Muhammady 718]

Crypto currency is good but crypto currency is illegitimate to advantage in lots of country as a result it's even now cannot be measured as the emperor of the planet currency market.but in only some years it will be lawful to each and every one countries in the world.
 

[Nurul Huda 944]

On 12/12/2019 at 5:11 PM, Migo said:

I think every thing new on the web will face the consequences of bitcoin now, but in the future the governments will understand how bitcoin is important in the online life 

Most likely every new thing on the website will face the consequences of bitcoin at this time because they lack understanding about bitcoin so bitcoin is still illegal in the country, but I am sure in the future the government will soon understand about bitcoin in online life even bitcoin can provide huge benefits to everyone.

[CryptoMaxim 2372]

To become a bitcoin millionaire, I believe it is necessary not to spend profits from the cryptocurrency and keep it. But life flows and there is always a need for money and have to exchange crypto coins

[Naga 1250]

On 12/12/2019 at 7:20 PM, Sourovdeb890 said:

Because cryptocurrency is considered illegal in many countries around the world, the reason is that they can't keep any records of them and they can't find any records of where they are trading and they can't track, so I think these things bring this cryptocurrency into a system. Validation should be given.

well beside the illegal buying of things and even the use for human trafficking it can also be used to avoid taxes and thats the one thing that government will not tolerate.

[andrehol 16294]

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.

[BitMart 326]

If we have any law like this then surely I will feel now we are in stone age because now crypto in blood of millions in this community on other hand I feel this is not possible to ban cryptoworld but we can face some serious troubles or restrictions from few countries as they want to bring this all in frame for checking all data and transactions if this is going on then surely we have to coopreate them.

[Oxygen 1004]

On 12/12/2019 at 1:45 PM, 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? 

it could not be possible that bitcoin or crypto could illegal all over the world. actually it will effect positively in newt few years to the world's economy.

[nicolas1234789 2566]

Become illegal because bitcoin can't control by anyone, second thing is can give negative impact into currency. Last reason, government can't track bitcoin transaction. So far only that thing can make something illegal. If happen in my country I should  try anther way to get survive again.

[dinabolt 514]

When government say illegal there's nothing we can do because all activity with bitcoin can bring us into prison. Bitcoin will gonna but maybe still exist in black market, who knows?. Let's stay positive with bitcoin and never give to convince government to accept bitcoin to fixing economy problems.

[Wijayafajar06 274]

Yes, this is very unfortunate for the government because the government cannot control and impose a tax on it, but it is very fortunate for ordinary people because they can change their lives through Crypto.

Yes, this is very unfortunate for the government because the government cannot control and impose a tax on it, but it is very fortunate for ordinary people because they can change their lives through Crypto.

[topuvk 1]

many countries have already legalized bitcoin and we are seeing bitcoin ATMs.  Crypto is also accepted as a payment method on various sites.I think Bitcoin will be accepted in many countries around the world,

[febriyana 934]

I think that is possible every country taking action to make cryptocurrency as illegal because they need protect their fiat. Cryptocurrency time to time will going used worldwide beside fiat currency. Where we know fiat have a big problem. Where it is have unlimited supply, fully controlled, and have inflation. Some country also get bankrupt because using fiat. Let's look in the future, hope cryptocurrency will get fully adoption.

[Aereen 456]

I guess cryptocurrency would not be illegal world wide, for as we know, there are several countries that ban the use and transactions of cryptocurrencies, this action would pertain to how the government is trying to protect the people from probable fraud that the cryptoworld has. 

[DavCrypto 298]

In order for virtual virtual currencies to be considered cash - in the sense that they were described as money - it was necessary to study the extent to which these currencies are considered money or not and the availability of financial controls for legal money in virtual currencies represented in acceptance.

[MCSGlegend 2210]

I think that those who earn on cryptocurrencies will go to the bottom so that they are not discovered, and the exchanges will be banned, there will be few of them, but I think it is unlikely that this will happen, just introduce a tax and that's all.

[Heroshema 0]

Maybe it will be legal thing but not in thus age .. as you know the biggest countrys will destroy ther economy if they allow people to own crypto currencies 

[rchres 414]

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.

[Maaz sultan 265]

I think crypto currencies are legal because we pays fee on our money which transfer from youbit to perfect money and then perfect money to our banks .

[Sourav43 106]

Crypto currency can never be invalid. Some unscrupulous traders invest illegally with crypto currency. For them, crypto currency is illegal in some countries.

[Hatred 1388]

33 minutes ago, Cryptojubayer said:

I think there is a huge chance to be legal crypto in worldwide.Because it's getting popularity by its features.

Yes, and that's what we are all waiting for. That bitcoin will eventually be legal in all parts of the world. If that happens, then our comrades in cryptoworld will not hide anymore and will be free to use cryptocurrency when they want.

[Mozie 19]

Well you have to remember that bitcoin is considered competition to the current system. That system is the control of the central bank. The central bank controls money and with that comes a lot of power. I don’t think they like the idea of “made up currency” they claim bitcoin is. Which of funny because they print money out of thin air all the time, at least there is a limited amount of bitcoin. So they don’t like the fact someone else took their scam and made it better. They will definitely continue to try and stop bitcoin, and these people are very powerful. Any negative feedback about bitcoin normally comes from these banks. The banks have been causing problems, wars, poverty while benefiting just a select greedy few. Bitcoin would help many countries economically while allowing them to free themselves from the chains of the central bank. Especially countries in Africa , places like Libya could benefit exponentially.

Edited January 17, 2020 by Mozie

[Tajio 19]

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 hrlping the people very much

[Gg233 1061]

That’s will gonna happens many people will go against that and it cost a lot of loss to everyone because there are so much investment in crypto currency now.

[mani982 286]

I do not think so that bitcoin or crypto officially become illegal because this is the modern era of new technology and many big country are making decision to make it legal and implement tax system on crypto.

[thiscomm 306]

On 12/12/2019 at 3:45 PM, 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?

no, because some countries have legalized the presence of crypto in their countries. maybe this is just a problem where the country where you don't fully understand the benefits when they use crypto as a transaction tool.