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

[alisen9506573 194]

My dear friend. Cryptocurrencies have become a monetary system for most developed countries and the field of cryptocurrencies is decentralized and there are many people who use cryptocurrency as a means of fraud in order to make money only and this subject must be resolved 

[Vola1s 727]

Cryptocurrency will not be illegal worldwide, only a few countries prohibit it. Until now many have taken advantage of the sale of cryptocurrency by imposing taxes, in fact crypto sales tax can help the state treasury, in terms of cryptocurrency there is actually nothing to lose because not only crypto users benefit but countries that legalize cryptocurrency also get income.

[Zulqar1122 98]

Well some cryptocurrencies are going illegal because most of the countries are not aware about the importance of the cryptocurrency in true sense and that is the reason.

[Sonii 386]

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? 

No my friend it will not becomes illegal in all the world.. The world is getting benefits from it so its a great opportunity for all the world to get benefits from here.. As everyone know that crypto currency is being popular all over the world day by day so its impossible to get banned it in whole of the world.. Although some countries are there in the world where crypto currency is banned but we hope that they will soon get it legal to there national level and will get benefits from it. 

[White3319 463]

It is possible that cryptocurrencies are considered illegal in some countries, but they gain the confidence of many people as a result of the low taxes on them due to their being decentralized and not controlled by governments.

[Merry Cherry 670]

According to my opinion it is still illegal in my countries but many of the cities claimed it is legal. Those countries who accepted the cryptocurrency has the great future. Goverment still discuss about the crypto. 

[Alish198562 436]

I do not think that they can prohibit cryptocurrencies, companies and merchants can be prevented from dealing in cryptocurrencies and considering them as a means of payment, because in prohibited countries, people work with currencies according to you and convert them to their local currencies, taking advantage of it is decentralized, so no one can know your identity.

[Wael154 1134]

 

Illegal global crypto currency is nothing, many people are using it illegally, investing their black money in cryptocurrency, I think the World Bank will tackle them by a system and legitimize the crypto currency.

[Mira1992 314]

I think that after the impressive success that cryptocurrencies have achieved in recent years and their support by many large companies such as Tesla, Amazon and others, I do not think that they will be banned in the end.

[yahyazaki 322]

Cryptocurrencies going illegal will be really disastrous to its users because a lot of people are now depending on it as their major source of income permanently it is really not going to be a good thing to experience and I hope it does not happen.

[Kialiyu 535]

Although there are some countries of the world that banned the use of cryptocurrencies, but not all, so i case this happened, then it's will bring more boredom to the financial sector of the world, so the cryptocurrency has so many advantages in the world, thanks.

[ammarkhkkh 753]

I believe that dealing in cryptocurrencies will become legal in the future all over the world, many governments have passed laws that legalize dealing in cryptocurrencies due to the need for them and because of the wide spread.