Bitcoin going to be illegal? | Bitcointalksearch.org

kenelmark

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Quote from: xenomorphe1 on March 20, 2018, 01:16:39 PM

Does Bitcoin going to be illegal? There is a news in the Guardian:
https://www.theguardian.com/technology/2018/mar/20/child-abuse-imagery-bitcoin-blockchain-illegal-content
Some people want to destroy Bitcoin?

That's gonna happen, dude. because you fail to interpret the article correctly.
It is illegal contents are there on blockchain right now, and that doesn't cause bitcoin being illegal. so many things should illegal if that reason causes bitcoin illegal like youtube or others.

DominRx

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There are 2 variants of events: 1. The authorities will try to ban it, because they will not be able to control bitcoin, 2. The authorities legalize the crypto currency and it will be able to measure the world!

SaShiRaJaVu

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Quote from: Dmitry.Vastov on March 26, 2018, 12:54:08 PM

I think this is very common in our society that if someone is going towards success, then there are millions of people who tries to pull him back and this is with bitcoin also because the popularity of BTC is reaching sky high and the other cryptocurrencies wants to pull it down. Though there is one reason that made bitcoin little weak that there is no governing body otherwise there is no such conditions that it will become illegal because BTC is very sustainable.

I really do not think that anyone is trying to portrait bitcoin in a bad image and wanted to destroy it, if they do the entire market will come down crashing, but the said discovery of photos is not a good news, i have not done any details study or read the said documents to verify their claim, but i do not think these things can put an end to the system.

Dmitry.Vastov

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Quote from: xenomorphe1 on March 20, 2018, 01:16:39 PM

Does Bitcoin going to be illegal? There is a news in the Guardian:
https://www.theguardian.com/technology/2018/mar/20/child-abuse-imagery-bitcoin-blockchain-illegal-content
Some people want to destroy Bitcoin?

I think this is very common in our society that if someone is going towards success, then there are millions of people who tries to pull him back and this is with bitcoin also because the popularity of BTC is reaching sky high and the other cryptocurrencies wants to pull it down. Though there is one reason that made bitcoin little weak that there is no governing body otherwise there is no such conditions that it will become illegal because BTC is very sustainable.

catok broek

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I never think that's gonna happen. Blockchain is a leading technologies nowadays and bitcoin has become very popular. what is the use for any country to ban this kind of technology and destroy bitcoin, even is any one able to?
I think those are just news to aim crypto market for certain purposes.

swissgang

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No bitcoin pose really no risk, and as its ledger public and transactions can be tracked by governments, these transactions for illegal can be caught. It is even easier to catch criminals in public ledger.

Kapyong

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Gday all,

Quote from: xuv500 on March 21, 2018, 02:55:04 PM

Any form of currency will be used for illegal activities and Bitcoin is also a digital currency which may be used for illegal purpose. For a decade illegal activities is happening with fiat and will the government ban fiat? That is impossible because they cannot do that because of practical difficulties. Then why everyone is worried as if only Bitcoin is used for illegal activities I don't understand.

I think you have missed the point -

It is NOT about BTC being used for illegal activities.

The problem is that there is potentially illegal content right there on the blockchain right now.

It's perhaps a bit like fiat currency notes having links to porn printed on them, or even actual porn images.

This will become a HUGE story of FUD about BTC.

Kapyong
Added - the title of the thread is poor, it should be something like :
"FUD over illegal content buried in the blockchain".

cryptohunterSL

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Very few countries have gone as far as to declare bitcoin illegal. That does not, however, mean that bitcoin is "legal tender" - so far, only Japan has gone as far as to give bitcoin that designation. However, just because something isn't legal tender, does not mean that it cannot be used for payment - it just means that there are no protections for either the consumer or the merchant, and that its use as payment is completely discretionary.

shield132

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Metawin.com - Truly the best casino ever

Wouldn't even seriously look at similar threads but now this really dissapoints me. Seems everything is going to be against bitcoin and goverment really wants to stop using of it among people.
Bte why the hell don't they speak about monero and other coins? Bitcoin is decentralized and most known - that's reason, they want to have power on it.

xuv500

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Quote from: xenomorphe1 on March 20, 2018, 01:16:39 PM

Does Bitcoin going to be illegal? There is a news in the Guardian:
https://www.theguardian.com/technology/2018/mar/20/child-abuse-imagery-bitcoin-blockchain-illegal-content
Some people want to destroy Bitcoin?

Any form of currency will be used for illegal activities and Bitcoin is also a digital currency which may be used for illegal purpose. For a decade illegal activities is happening with fiat and will the government ban fiat? That is impossible because they cannot do that because of practical difficulties. Then why everyone is worried as if only Bitcoin is used for illegal activities I don't understand.

GeorgiyBilyk

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no need to panic! bitcoin will soon be legal! I am sure that soon the world will accept it as well as Singapore and in South Korea! Now there is a war between the crypto market and the banking sector! it's the bankers who promote negative news so that people do not invest in the crypto world!

Washball

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First of all, there will be no ban. On the contrary, most countries will accept cryptocurrencies, some already have. The only thing is, there will be some regulation, but that's mostly regarding exchanges, ICO's and money laundering. Of course there are some people who have a high position in the government or in the financial world, who are afraid or jealous of cryptocurrencies and these are the people who try to bring bitcoin down by spreading lots of negative opinions and FUD. But both governments and financial institutions see and acknowledge the advantages of bitcoin and blockchain.

ArnoldChippy

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Quote from: tambok on March 20, 2018, 01:40:19 PM

There are people, organizations, countries will tend to destroy bitcoin, but one thing is for sure, they cannot destroy it unless we will still stick to it no matter what. Don't worry about them let the people behind this handle and just do your part to continue to believe and hold what you have.

Some people may be trying to do so, but i think that it is not possible no one can destroy bitcoin, bitcoin will remain for ever because it has now become the basic need of the people, just like people, there are people who are using bitcoin for most of the purposes for which people are using fiat currency, therefore i think that the use of bitcoin is increasing day by day and now one can so easily destroy bitcoin.

tot-o

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To start with, Bitcoin is not yet formally declared and announced to be legal in some countries but some are accepting the fact that BTC exist and many are using it, some countries are banning it and saying it's illegal in there country but only to that country as long as your country and our's is accepting it then legality is not the min corn en there.

ss890

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Quote from: xenomorphe1 on March 20, 2018, 01:16:39 PM

Does Bitcoin going to be illegal? There is a news in the Guardian:
https://www.theguardian.com/technology/2018/mar/20/child-abuse-imagery-bitcoin-blockchain-illegal-content
Some people want to destroy Bitcoin?

You have no idea how many people are against the bitcoin and mostly these people are coming from the higher posts and people with great authorities. Most of them also include businessman who are jealous of the bitcoin as it making more rich people in the world. Yes, that do happen and it is happening at this very moment. Many of the dumps occur due to such people when they make abusive statement about the bitcoin or blockchain.

And about the article saying things about the child abuse imagery, that seems to me another hoax just to make the blockchain look like very bad in front of the world. However it doesn't seem to me issue as there are no conclusive proofs that has been legally distributed.

mrtryonebiggums

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Revolutionized Rotating Savings & Borrowings

There are more than some people that want to destroy Bitcoin and there are even state sponspored attacks as sad as that is. Most recently the Polish government paid a Youtuber to attack the credibility of Bitcoin. Pretty sad, but this kind of stuff happens and will continue to happen.

MiningBattalion

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Quote from: xenomorphe1 on March 20, 2018, 01:16:39 PM

Does Bitcoin going to be illegal? There is a news in the Guardian:
https://www.theguardian.com/technology/2018/mar/20/child-abuse-imagery-bitcoin-blockchain-illegal-content
Some people want to destroy Bitcoin?

The people who want to destroy will be the government and the person who had affect by bitcoin. Since bitcoin is the decentralised currency, government can't control the growth of bitcoin and as well as investment in bitcoin. Bitcoin will become illegal .

tambok

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There are people, organizations, countries will tend to destroy bitcoin, but one thing is for sure, they cannot destroy it unless we will still stick to it no matter what. Don't worry about them let the people behind this handle and just do your part to continue to believe and hold what you have.

Odora

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I think what they say is illegal is a very harmful thing,
such as drugs, free sex, gambling and killings of protected animals, although in some countries legalize this,

and whether Bitcoin has been very harmful to the state and civilians, many facts that people helped because Bitcoin...

simple999

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the authorities are dumbfounded, and yet they will agree, it's not the first time with good innovations that they first disagree and then worship them)) everything will be but not immediately ...

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