Post
Topic
Board Speculation
Re: If bitcoin will accepted worldwide for legal then price rising $100k??
by
erep
on 18/12/2023, 17:11:25 UTC
I think the problem will even be from the laws and legal force in each country,since the laws are very different in the countries and finding a solution that will suit absolutely everyone will be unrealistic.I think for any user the most important thing is an exchange in two directions, and the laws and loyalty of the state are not so important.
All problems will always have a better solution when everyone is so aware of the laws and regulations in their respective countries, because in all countries there are always exchanges that have permission to operate smoothly enough so that it will not be difficult for those who want to accept Bitcoin like like receiving fiat money in life. So there is no need to worry about laws because when all countries and all people have accepted Bitcoin equally in their lives, of course there will also be special laws against it.
Each country has different legal regulations that regulate cryptocurrency users as a tool for investment and even make bitcoin a legal means of payment, but some countries regulate strict regulations for cryptocurrency or even prohibit it for any purpose of use. However, overall cryptocurrency developments are very positive because relatively all countries have made a positive approach to accepting bitcoin despite implementing strict restrictions so that it does not displace legal currency.

The government has considered regulations to give operational permits to exchanges that have relatively large volumes, they see the high tax revenue side of exchanges so they are implementing new regulations to allow crypto exchange operations even though the regulations are only to regulate asset exchanges and for investment, but this is only initial stage to grow more of the population using bitcoin globally.