Bitcoin in legal sense - page 2. | Bitcointalksearch.org

bubblebit

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Quote from: coin revolution on January 05, 2017, 03:45:39 PM

Hi,

Are there countries that accept bitcoin as a real currency?
Do states have legal regulations related to bitcoin?

Thanks

It’s almost a year that OP have asked this questions and all of the sudden come to alive. I can’t stop myself from replying for the things that have happened to bitcoin since then. Bitcoin is now more than ever near to mainstream status, the legality of bitcoin is starting to make one by one on each country, it’s uses and adaptation to our society is getting bigger and the numbers/popularity of it is now widespread.

This is bitcoin now, it might be regulated for some state but I think bitcoin is in the best position now. And I know what coming years it will be much better.

sukamasoto

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Quote from: erdinger45 on October 27, 2017, 12:49:50 PM

I am living in Turkey, Istanbul. In my country, there have not legal regulation related bitcoin yet. Bitcoin is like a baby for my country. The legislator has not a lot of knowledge about bitcoin. And the people have not knowledge enough about bitcoin. I think, it will be done over time..

It's lucky for you because my government still not legalized bitcoin yet mostly because bitcoin can be use for corruptor or other money laundry activity.

Meanwhile other country start to use bitcoin as daily transaction such as Japan and it's proven that using bitcoin will make a transaction more easy than using fiat

Proton2233

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Quote from: erdinger45 on October 27, 2017, 12:49:50 PM

I am living in Turkey, Istanbul. In my country, there have not legal regulation related bitcoin yet. Bitcoin is like a baby for my country. The legislator has not a lot of knowledge about bitcoin. And the people have not knowledge enough about bitcoin. I think, it will be done over time..

So be happy with it. Until the state reaches into bitcoin we can feel freedom. As soon as the government will be able to regulate bitcoin it can become unusable. For this reason, I do not share the views of those who want to legalize cryptocurrency. I like bitcoin as it is and I don't want to change anything.

Ccexicocartel

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Every country is different. It seems like some companies in countries that have it legal won't work with you on that basis. got this experience from quickbooks recently

erdinger45

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I am living in Turkey, Istanbul. In my country, there have not legal regulation related bitcoin yet. Bitcoin is like a baby for my country. The legislator has not a lot of knowledge about bitcoin. And the people have not knowledge enough about bitcoin. I think, it will be done over time..

zulkarnaen

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there are many chances that government will accept bitcoin but if government is willing to follow rules which currently apply in bitcoin, such as taxes, for example, during Bitcoin is not ordered to pay tax on their income, if government took over management of bitcoin so will be many new regulations on bitcoin

rvrl_23

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Quote from: coin revolution on January 05, 2017, 03:45:39 PM

Hi,

Are there countries that accept bitcoin as a real currency?
Do states have legal regulations related to bitcoin?

Thanks

No coutry, not that I know off accepts bitcoin as real currency, although it has a regulations, The Central Bank of the Philippines (BSP) release a circular
it says that the (BSP) will not endorse bitcoin as currency, although considering the benifits of bitcoins they will allow it

mkmdoc

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There are many chances government will accept bitcoin but with lot of limitation and regulations should be changed before accepting it. Because bitcoin is global currency they not consider lot of evaluation about accepting it and not accepting it. Bu these things will take lot of time to get the right decision from the government.

Gloiri

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Well no there's no country in the world who accept bitcoin real Currency. but we can't say. it can never happen since bitcoin is raising in our community so maybe in future most country accept bitcoin

Tyrantt

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Quote from: coin revolution on January 05, 2017, 03:45:39 PM

Hi,

Are there countries that accept bitcoin as a real currency?
Do states have legal regulations related to bitcoin?

Thanks

as much as I've heard so far, Australia is the only country that recognizes bitcoin as a currency so far, tho I might be wrong.

So far I'm still waiting to see what are my countrys, Serbia, views on bitcoin. No one has said anything about it here.

coin revolution

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Quote from: btcdiggingmaster on January 23, 2017, 01:41:37 AM

Quote from: coin revolution on January 22, 2017, 07:15:00 AM

Quote from: Slark on January 18, 2017, 09:50:33 AM

A year ago there was a news floating around that new micro nation called Liberland emerged in Europe. Apparently founder of Liberland is a libertarian and accepted Bitcoin as national currency.
I am not sure how legality of such small nation can be confirmed by international law, but this is the only case I know of bitcoin being accepted as legal tender.

News: https://www.cryptocoinsnews.com/welcome-liberland-bitcoin-national-currency/

I have never heard of this country before. Thank you for sharing. He took a libertarian step in the name of the country.
As all the bitcoin lovers we can go to Liberland and live

There are many countries like liberland but these countries are not published like liberland, many countries are still treating bitcoin as one commodity. So people are still in confusion with the high price we need educate them what are benefits they are going to get by using it.

What other countries are like Liberland? Liberland is a newly established country.
Do countries like Liberland have bitcoins as their official currency?

btcdiggingmaster

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Quote from: coin revolution on January 22, 2017, 07:15:00 AM

Quote from: Slark on January 18, 2017, 09:50:33 AM

A year ago there was a news floating around that new micro nation called Liberland emerged in Europe. Apparently founder of Liberland is a libertarian and accepted Bitcoin as national currency.
I am not sure how legality of such small nation can be confirmed by international law, but this is the only case I know of bitcoin being accepted as legal tender.

News: https://www.cryptocoinsnews.com/welcome-liberland-bitcoin-national-currency/

I have never heard of this country before. Thank you for sharing. He took a libertarian step in the name of the country.
As all the bitcoin lovers we can go to Liberland and live

There are many countries like liberland but these countries are not published like liberland, many countries are still treating bitcoin as one commodity. So people are still in confusion with the high price we need educate them what are benefits they are going to get by using it.

coin revolution

member

Activity: 112

Merit: 10

Quote from: Slark on January 18, 2017, 09:50:33 AM

A year ago there was a news floating around that new micro nation called Liberland emerged in Europe. Apparently founder of Liberland is a libertarian and accepted Bitcoin as national currency.
I am not sure how legality of such small nation can be confirmed by international law, but this is the only case I know of bitcoin being accepted as legal tender.

News: https://www.cryptocoinsnews.com/welcome-liberland-bitcoin-national-currency/

I have never heard of this country before. Thank you for sharing. He took a libertarian step in the name of the country.
As all the bitcoin lovers we can go to Liberland and live

coin revolution

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Activity: 112

Merit: 10

Quote from: botany on January 08, 2017, 08:04:42 PM

Quote from: coin revolution on January 05, 2017, 03:45:39 PM

Hi,

Are there countries that accept bitcoin as a real currency?
Do states have legal regulations related to bitcoin?

Thanks

For tax purposes, bitcoin will be classified by different countries in different ways.
The US government considers it as property.
You can start looking at the wikipedia article here and then investigate further.
https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country

When I look at the list, I see that every country has a different approach to bitcoin. I do not think the countries are fully aware of bitcoin. Except for some developed countries, there is no exact clarity. Bitcoin does not need governments though. States will continue to exist even if they not accept it.

Amph

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Quote from: legendbtc on January 20, 2017, 07:21:54 AM

Bitcoin is block chain technology where many countries supporting block chain technology but not bitcoin, even though it is completely digital currency, it is not like fiat currency because many people can create fake currency with fiat but it is not possible with bitcoin.

they are only supporting a centralized version of the blockchain, it's not so different than many scamcoin with high dev fee from miners or high premine

i highly doubt there will be even one country that will support the real bitcoin blockchain, or any decentralized one

adzino

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Quote from: deadsilent on January 17, 2017, 12:55:15 AM

AFAiK. Theres no country has been treating bitcoin as a currency. Thats one of the topic bout bitcoin that being debated recently. Some country treats bitcoin as a property. But it doesnt matter how they treat bitcoin. Its just for legal purpose or taxation purpose. It doesn't really affect the value of it. But for me, its both currency and property.

Some countries do treat bitcoin as a currency/money but not legal currency such as Argentina. Japan also recognizes all digital currency as a form of money.
Whereas other countries either discourages the use of bitcoin but has no form of regulation.

legendbtc

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Bitcoin is block chain technology where many countries supporting block chain technology but not bitcoin, even though it is completely digital currency, it is not like fiat currency because many people can create fake currency with fiat but it is not possible with bitcoin.

digaran

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🖤😏

Good thing about bitcoin it needs no legal oversight and it's lawless as it is trustless, just think about it no matter where you are in the world you can access to your funds only if you have access to internet connection. no country should ever recognize bitcoin as a currency and even write laws about it. I'm talking about bitcoin itself not people using it and how they using it.
Imagine that you could buy bitcoin in your country though after finding a seller and then going in another country and find a buyer, now lets see if any government will be able to stop you

and if you are worried about tracking issues you could use a mixer service to cover your tracks.

Btc_1856

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I hope only some countries are supporting for bitcoin but not completely legalized in their country, even in many people have started exchanges bitcoin with fiat currency but even governments have not stopped any thing till now.

Slark

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A year ago there was a news floating around that new micro nation called Liberland emerged in Europe. Apparently founder of Liberland is a libertarian and accepted Bitcoin as national currency.
I am not sure how legality of such small nation can be confirmed by international law, but this is the only case I know of bitcoin being accepted as legal tender.

News: https://www.cryptocoinsnews.com/welcome-liberland-bitcoin-national-currency/

Topic: Bitcoin in legal sense - page 2. (Read 4551 times)