Re: The legalization of bitcoin.

I like that idea. haha However i think all land over earth is owned by a government/person, so it's not that easy.

I think the key just gets the blessing and permission from the government. After that happens then bitcoin will grow very fast, many stores and agencies will adopt bitcoin, but to get legalization from the government is not easy, may have to remove the decentralization of bitcoin?

If bitcoin has been legalize, the government will take in full control over tax in bitcoin. The government knows that they are losing taxes in terms of digital currency. Bitcoin will grow fast if it has been legalize but how about the users and earners of bitcoin? Does this thing has a positive result?

Yah I know. If the bitcoin will legalize in all country there is a big possibility that the government will control the bitcoin. The government for sure take full over tax in the bitcoin.

that is not so easy, they should only announce like japan that they have legalize bitcoin and i am sure that there will be no need to have full control over bitcoin and bitcoin will remain in its original form.

It seems to me that the government of Japan will always find a way out of this situation. The point is that the legalization of Bitcoin also involves a number of consequences. I think that many Bitcoin users already know this. I do not know how things will be in Japan, but the fact that the Bitcoin user in other countries will have to pay taxes with the legalization of the crypto currency is a fact. That's just whether we are ready for this?

Paying tax from our earnings in bitcoin is a positive for me because even though there will be a less in our earnings, we can still have a good legalized currency in our country and that is bitcoin which in Japan they can use it to buy things in their country and paying tax is still a good side for me because we can help our country to improve itself by just paying tax.