Most governments recognize the potential of bitcoin as a highly profitable financial technology. However, since there is no official administrator, the government is worried about bitcoin being misused for crimes. So the government provides restrictions, most prohibit the use of bitcoin as a payment system in the country. In addition, most governments also warn that bitcoin is a high-risk investment. Well, as a good society we have to obey the rules of government then we must understand and learn the status of bitcoin law in our country well.
Truly, some countries don’t support bitcoin because they have their own point about it Obviously we can’t deny bitcoin or cryptocurrency can bring a little bit more complication. We all know that bitcoin characterizes its anonymity, so it’s quite hard to control the illegal transaction or some illegal activity related to bitcoin. Besides, if they accept bitcoin, perhaps their citizens will depend much on this virtual currency and forgetting his main job. However, with the profits that bitcoin can bring to our life , i believe bitcoin will be soon encouraged by many countries around the world.
Topic: Bitcoin and cryptocurrency, between legal and illegal in the world? - page 2. (Read 613 times)
August 15, 2018, 08:27:19 AM
August 15, 2018, 08:07:20 AM
No, because the cryptocurrency is just special in that its prohibition is impossible in principle. After all, it can not be removed, and to stop the issue will need to deprive all access to the Internet. The only option to limit their use is to ban them at the state level, but in reality it will not be so easy to implement.
August 14, 2018, 12:33:24 PM
I guess not. What for? Crypto currency is already used in medicine and so on, this is the future of the world.
August 11, 2018, 02:27:06 AM
It has already been banned in a number of countries, we are talking about 3 countries. It is unlikely to be banned, it will take too much time and money, but will control, it is already happening.
August 08, 2018, 07:44:05 PM
Most governments recognize the potential of bitcoin as a highly profitable financial technology. However, since there is no official administrator, the government is worried about bitcoin being misused for crimes. So the government provides restrictions, most prohibit the use of bitcoin as a payment system in the country. In addition, most governments also warn that bitcoin is a high-risk investment. Well, as a good society we have to obey the rules of government then we must understand and learn the status of bitcoin law in our country well.
Truly, some countries don’t support bitcoin because they have their own point about it Obviously we can’t deny bitcoin or cryptocurrency can bring a little bit more complication. We all know that bitcoin characterizes its anonymity, so it’s quite hard to control the illegal transaction or some illegal activity related to bitcoin. Besides, if they accept bitcoin, perhaps their citizens will depend much on this virtual currency and forgetting his main job. However, with the profits that bitcoin can bring to our life , i believe bitcoin will be soon encouraged by many countries around the world. August 08, 2018, 08:08:07 AM
I think not. Cryptocurrency should replace the usual different currencies around the world, in its electronic way. After all, in front of the new century is the era of technology.
August 04, 2018, 03:14:41 PM
Think they will. The state is not profitable for currency transactions to be carried out uncontrollably. Therefore, I am sure that in some countries crypto-currencies will be fought.
July 31, 2018, 08:49:31 PM
Currently, there are not many countries that legalize bitcoin, but one day maybe bitcoin will be legalized by the government, we may need to introduce more ways of using bitcoin and how bitcoin work to the government so that the government legalize bitcoin. Maybe it is not easy but it would not hurt us to try it.
July 30, 2018, 11:58:10 AM
I think bitcoin is legal in most countries right now, so don't worry about it.
Bitcoin and blockchain have attracted the attention of many countries.
Bitcoin and blockchain have attracted the attention of many countries.
July 30, 2018, 11:56:02 AM
The development of cryptocurrency is better from time to time. In many countries, many have inaugurated crypto currency as a legitimate paying tool. Although there are also countries that openly banned cryptocurrency. This becomes very interesting to be listened to by us. Then, personally, I want to know what you think of all that? Will at any time cryptocurrency be a legal and legal world currency in all countries? Or perhaps during that time, cryptocurrency is strictly prohibited in all countries of the world?
It because people can't control cryptocurrency, so many crime used cryptocurrency as a transaction so they can hide their crime.
This is why in many countries bitcoin is banned but some countries are smart enough to see the bitcoin future are legalize bitcoin
July 30, 2018, 11:44:38 AM
Some countries have banned crypto currency because they want to protect the interest of the financial institution regulations because if not used wisely it can be use wrong deeds. Also some countries support crypto currency because this is a new era the new innovation created for the world where we need to absorb its technology to support and aid our financial issues.
July 30, 2018, 11:41:06 AM
Well I think it will be in between this legality and illegality for pretty long time. Because it is not possible to make all understand the worth of bitcoin and crypto to take over the ban. This will happen slowly. Just a matter of time that this will be accepted as a legal one.
As its becoming more and more mainstream, Law enforcement agencies, tax authorities and legal regulator's all over the world are trying to wrap their heads around the concept of cryptocurrency and where exactly does it fit in existing regulations and legal frameworks. The legality of bitcoin depends on who you are, Where you are in the world and what you are doing with it. In many jurisdictions, the authorities are still struggling to understand bitcoin, Many concerned have been raised over its decentralized nature. It seems only natural for governing authorities to be worried about a financial community that can't be fully controlled. 
July 30, 2018, 11:29:37 AM
The development of cryptocurrency is better from time to time. In many countries, many have inaugurated crypto currency as a legitimate paying tool. Although there are also countries that openly banned cryptocurrency. This becomes very interesting to be listened to by us. Then, personally, I want to know what you think of all that? Will at any time cryptocurrency be a legal and legal world currency in all countries? Or perhaps during that time, cryptocurrency is strictly prohibited in all countries of the world?
It because people can't control cryptocurrency, so many crime used cryptocurrency as a transaction so they can hide their crime.
This is why in many countries bitcoin is banned but some countries are smart enough to see the bitcoin future are legalize bitcoin
July 30, 2018, 11:27:49 AM
It is possible that the third world and CIS countries will ban or try to ban bitcoin or cryptocurrency, but progressive States are unlikely to take such a step.
July 26, 2018, 04:18:27 PM
The development of cryptocurrency is better from time to time. In many countries, many have inaugurated crypto currency as a legitimate paying tool. Although there are also countries that openly banned cryptocurrency. This becomes very interesting to be listened to by us. Then, personally, I want to know what you think of all that? Will at any time cryptocurrency be a legal and legal world currency in all countries? Or perhaps during that time, cryptocurrency is strictly prohibited in all countries of the world?
One thing is clear - the crypto currency will develop and enter into a person's life under difficult conditions. To all that this is a completely new and previously unprecedented form of digital money, besides, it is not managed by anyone and it can not be fully controlled, and also because of its insecurity, and therefore has high volatility, it causes many problems for the states. Therefore, it is still difficult to predict how quickly the process of legalization will progress. July 26, 2018, 08:04:27 AM
The government of countries that ban Bitcoin simply do not understand how to use it, and why it is used. I think that in the future all countries will accept Bitcoin, and it will become a world currency.
July 26, 2018, 07:59:45 AM
Everyone know bitcoin is decentralized currency many countries have been banned because they think bitcoin is harmful for their economy and can be use for illegal activities and many is planing to regulate because they know the importance. but its ban or not banned depend on particular countries ruling peoples and their economy experts but bitcoin is a digital currency than they need to ban first internet.
July 26, 2018, 07:48:28 AM
I would be thinking if bitcoin is a legal currency that can be proven with the blockchain technology which is a future proof even there is another coin.
July 26, 2018, 06:45:05 AM
Honestly I do not understand how it still lives, because this currency is not supported by anything (like the same ruble for example). From time to time probably will all resolve, and then when you go in a large washing off funds will begin to ban.
July 23, 2018, 03:42:08 AM
I think that the crypto currency will not be banned, since the state can not fight it. Most likely, some laws on crypto currency will be adopted, after which it will be legalized in all countries of the world.
sadly most states can fight it. if the government decides to ban crypto and bitcoin there not much you can do about it. citizens can be vocal and express why they and need crypto, that way the government can look into adopting new laws Jump to: