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How acceptable is Bitcoin in your country?

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Well my country is legal to use cryptos, nothings problem.. I can pay the bills using cryptos, but sad to say, cryptos is not known yet in my country.. Hope the cryptos will be popular in the future in my country.  


 

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On ‎1‎/‎10‎/‎2020 at 2:35 PM, Bantay116 said:

Bitcoin is not widely accepted in our country because not everyone here in my country knows Bitcoin and others have no  any idea what bitcoin really is and others say it is a scam.

In my country no one say that it scam but all know about btc is much profitable as it is not allowed to use leagaly so people cant use it all place.

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2 hours ago, Akbor said:

In my country no one say that it scam but all know about btc is much profitable as it is not allowed to use leagaly so people cant use it all place.

i think no one can called btc as scam. this is the best coin in the market now. now people are investing on btc and the price already started increasing.

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On 10/7/2019 at 12:57 AM, cryptokram said:

Is bitcoin legal to use in your country?

If then, how you use this in your life? do you pay your bills with it?

Can you use it as a payment on stores?

 Bitcoin is the most valued crypto currency but most of the countries have banned bitcoin because of its price fluctuations. And government is getting loss from Bitcoins so in my country bitcoin is not legalized properly. 

 

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Bitcoin is not legal in my country cryptocurrencies are decentralized currencies it was not acceptable in my countryiI buy Bitcoin on different kinds of online exchange like yobit and binance exchange i convert my bitcoin in usd on yobit exchange and transfer my balance into perfect money. perfect money is available in my country where i can transfer my balance into my local bank other than this we can buy and sell bitcoin with online exchanger 

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In my country, bitcoin has not been legalized and is prohibited from being used as a means of payment. So we cannot buy anything using bitcoin. But there is no prohibition on using bitcoin as an asset to be traded 👍


 

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I think Bitcoin is not known to many in my country. Because some people know Bitcoin and only use it to convert to local currency. The currency is very expensive. Its price goes down many times. In the future, many good things can happen with this bitcoin

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In my country there are a lot of people dont know any thing about BTC ! and I think if they know about it they will go to invest their money with BTC ! I am going to invite them to this forum to make them know about BTC ! 😉 

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No in it is not acceptable in my country but its exchange into many other currencies by legal way will be accepted. From my wallet i pay bills and many other bills. But bit coin not accepted on the store.

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On 10/7/2019 at 3:12 AM, cryptokram said:

Is bitcoin legal to use in your country?

If then, how you use this in your life? do you pay your bills with it?

Can you use it as a payment on stores?

In our country the bitcoin is not legal to use in every transaction thats why we need to convert it and process it in banks that abligating all of the bitcoin holder to pay the transaction fee.

We are not allow to pay all the store with bitcoin that's why we needed to convert it to have physical money to pay. 

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In my country there is not much sensitivity about the use of cryptocurrencies including bitcoin. Anyone can use bitcoin but using it for illegal activities is prohibited. There is no restriction against mining too but if people use public electricity to mine they have to pay the penalty. Unfortunately, the number of shops which accept bitcoin here is very low and you can't use it as a direct payment method. Whenever I need money, I convert bitcoin to my local currency to pay for bills.

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I don’t know if it is legal or not because very few people in my country work in this field, but there are people I can sell these coins and take for them my currency that I can use in my daily life


 

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On 11/15/2019 at 8:15 PM, Zentoly said:

And also in my country government close all the trading exchanges and do not know that why some of the country  governments are not like the blockchain technology and i think they are not know the advantages of blockchain technology.

We can moreover practice it to all comers at anytime we neediness it and additionally hopefulness that the rule wouldn't produce approximately moves to eradicate Bitcoin in our country
 

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Bitcoin is legal in my country and a lot of people use it for trading. However the government has started to create laws that obligate us to pay taxes for profit made from cryptocurrencies 

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In our country, any type of crypto currency as well as bitcoin is declared to be illegal. But the government is taking initiatives on legalizing it

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On 06.10.2019 at 22:12, cryptokram said:

Is bitcoin legal to use in your country?

If then, how you use this in your life? do you pay your bills with it?

Can you use it as a payment on stores?

I have a quistion about that actually..because i have no idea..about who i have to ask ..where i find the rul information..for me ..i have no wallet yet...but i will create..

On 06.10.2019 at 22:12, cryptokram said:

Is bitcoin legal to use in your country?

If then, how you use this in your life? do you pay your bills with it?

Can you use it as a payment on stores?

I have a quistion about that actually..because i have no idea..about who i have to ask ..where i find the rul information..for me ..i have no wallet yet...but i will create..

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The people in my country does not know the cryptocurrencies, and if I talk to them about them, they are surprised and hardly believe in them or believe in their existence.

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On 10/7/2019 at 3:12 AM, cryptokram said:

Is bitcoin legal to use in your country?

If then, how you use this in your life? do you pay your bills with it?

Can you use it as a payment on stores?

Bitcoin is not yet legal in our country but what is good is that we can use it freely and we even have a local exchange. 

 

Which means there is a big chance that bitcoin will be legalize in the future as right now exchanging crypto to fiat and vice versa is very easy in our country as we already have a local exchange. 

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bitcoin is still not legal to make payments in my country, not only bitcoin, even USD or other currencies are not permitted. and that's fair enough in my opinion, as long as other currencies are not allowed, it doesn't matter if bitcoin isn't allowed either, but sooner or later bitcoin will be accepted, I'm sure of that.


 

 

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At this time in my country bitcoin cannot be used fully for everyday purposes. but some countries have adopted bitcoin to reduce unemployment and improve individual economics. maybe this is a matter of time and blockchain technology that is still under development.

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In my country many transactions are made in BITCOIN, it is more reliable than the local currency that is heavily debated, to pay with cryptocurrencies in a very good option in my country.

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Unfortunately very few countries in my country know Bitcoin and there are many difficulties in using Bitcoin due to the ban laws

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On 10/7/2019 at 3:12 AM, cryptokram said:

Is bitcoin legal to use in your country?

If then, how you use this in your life? do you pay your bills with it?

Can you use it as a payment on stores?

Bitcoin is not that legal in my country because government in my country don't really care about it. We can use bitcoin freely in our country and i'm using it in my life to help myself to be rich. I'm not paying bills with bitcoin because i don't like to use it that way. 

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Not in my country. In India, the government is as against crypto as a mongoose is against snakes. It is amazing for a government which shouts of digital India, every time, is so against something that is truly digital called cryptocurrency. They had  plans of arresting people dealing with crypto and putting a huge fine on them, but Supreme Court put a stay on that. It is horrible to be in crypto if you are in India. 

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