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Topic: Bitcoin legal and illegal countries (Read 5138 times)

full member
Activity: 391
Merit: 100
SOL.BIOKRIPT.COM
October 06, 2019, 03:20:55 PM
The important is Bitcoin will be more popular if they accept it, even though it will be an legal or illegal in every countries. For now, Bitcoin is very popular and well known all over the world because many people truat it the most and if you have Bitcoins there's a lot of thing you can used, let's assure that sooner every country will legalize Bitcoin.
sr. member
Activity: 1120
Merit: 255
October 06, 2019, 02:49:51 PM
If 7 billions say bitcoin is MONEY and fair then 170 governments are not listening to the world. Fortunately, 10 years of existence is exactly why they can’t stop Bitcoin. By the time government started to care, it was already too late. There were many stories in 2017 about banks trying to do problems with it, I even know a few first hand stories about banks refusing to accept withdrawals. The fact that there isn’t an organization behind it and that Satoshi doesn’t exist is what make it hard for them to fight it. To stop bitcoin all governments on earth would have to agree to collaborate, and it never happened in human history.
member
Activity: 155
Merit: 12
Crypto Mining Hardware for Sale
October 05, 2019, 06:39:27 PM
Bitcoin is becoming popular day by day. Reduce people's interest in easy transactions and price Rise. Some countries questioned the legitimacy and questioned. However, many countries of the world have given legitimacy to Bitcoin. We need to know about this issue for those new people. Those who did not know what to expect and would benefit them. Bitcoin has been given the list of validity and cancellation.

Bitcoin countries to get legitimacy:

Solvenia, Switzerland, Ukraine, Denmark, Estonia, Finland, Iceland, Lithuaia, Norway, Russia, Sweden, Bosia & Herzegivina, Bulgaria, Greece, Italy, Malta, Portugal, Spain, Belgium, France, Ireland, Luxembourg, Netherlands, United Kingdom, Australia, New zealand, Morocco, Nigeria, South Africa, Namibia, Zimbabwe, Canada, United States, Mexico, Nicaragua, Jamaica, Trinidad and Tobago, Argentina, Brazil, Chile, Colombia, Cyprus, Israel, Saudi Arabia, Jordan, Indonesia, Malaysia, Philippines, Singapore, Thailand, Croatia, Czech Republic, Germany, Hungary, Poland, Romania, Slovakia, Vietnam, Lebanon, Turkey, Iran, India, Pakistan, China, HongKong, Japan, South Korea, Tuiwan .


Bitcoin Cancellation Countries:

Algeria
Bolivia
Ecuador
Kyrgyzstan
Bangladesh
Nepal
Cambodia...



Russia is still legal and illegal, government still thinking about how to tax mining and cryptocurrency
legendary
Activity: 2282
Merit: 1023
October 05, 2019, 05:46:54 PM
I don't think of a country where cryptocurrency are legal. Countries live with taxes and can provide social services to citizens.
There are many countries where bitcoin is legal if you are not aware of it including Japan, Switzerland, The Netherlands, The United Kingdom, Germany, Singapore and the list goes on. Every country is sustaining because they are collecting taxes from their citizens and what is wrong in it, if any government is looting you then you can complaint about it.

If they can get tax on bitcoin transfers, you are king in your country
I am not sure what do you mean here  Roll Eyes.
full member
Activity: 332
Merit: 103
October 05, 2019, 03:54:54 PM
It doesn't matter if they make it "illegal" bitcoin was created in such a way that this situation was already planned for.
I am not so sure these countries it is illegal to use them in. I just think they really don't support bitcoin. Making a currency illegal is like so against human rights.
sr. member
Activity: 630
Merit: 265
October 05, 2019, 11:54:33 AM
Bitcoin is becoming popular day by day. Reduce people's interest in easy transactions and price Rise. Some countries questioned the legitimacy and questioned. However, many countries of the world have given legitimacy to Bitcoin. We need to know about this issue for those new people. Those who did not know what to expect and would benefit them. Bitcoin has been given the list of validity and cancellation.

Bitcoin countries to get legitimacy:

Solvenia, Switzerland, Ukraine, Denmark, Estonia, Finland, Iceland, Lithuaia, Norway, Russia, Sweden, Bosia & Herzegivina, Bulgaria, Greece, Italy, Malta, Portugal, Spain, Belgium, France, Ireland, Luxembourg, Netherlands, United Kingdom, Australia, New zealand, Morocco, Nigeria, South Africa, Namibia, Zimbabwe, Canada, United States, Mexico, Nicaragua, Jamaica, Trinidad and Tobago, Argentina, Brazil, Chile, Colombia, Cyprus, Israel, Saudi Arabia, Jordan, Indonesia, Malaysia, Philippines, Singapore, Thailand, Croatia, Czech Republic, Germany, Hungary, Poland, Romania, Slovakia, Vietnam, Lebanon, Turkey, Iran, India, Pakistan, China, HongKong, Japan, South Korea, Tuiwan .


Bitcoin Cancellation Countries:

Algeria
Bolivia
Ecuador
Kyrgyzstan
Bangladesh
Nepal
Cambodia...


There are really a lot of countries who restricted bitcoin and other cryptocurrencies because they assume that it is all a fraud or a scam, that is why a lot of people don't beliebe that investing in bitcoin and cryptocurrency is not that profitable. But they are all wrong because investing in bitcoin and in crypto can help the economy of a country to be better like it can decrease unemployed people for them to provide their basic needs. A lot of country also legalized bitcoin because they saw that bitcoin and other cryptocurrencies is really helpful for every individuals.
sr. member
Activity: 938
Merit: 250
October 05, 2019, 04:08:44 AM
in my country, crypto legal but you can buy or sell wit crypto. so it just investation.
i dont know what if all country legalize bitcoin, i think it will be same like now, i mean every time life will be more advance, but can we make something new it happen? or its just be cryptocurrency? need same though and cooperation with other country to realize what we need
full member
Activity: 952
Merit: 104
October 03, 2019, 07:12:39 PM
In the country where I live including the State of law, bitcoin is in a legal or illegal position because everyone can still use bitcoin for investment, trading or other things, but I have not found bitcoin to be used as a sale or purchase transaction or other. transaction. payment and if I want to buy goods, I have to exchange bitcoin for real money to be able to use any payment or purchase.
so for me to be legal or illegal there is no problem, and as long as I can use bitcoin I will use it well and what I worry about is not being allowed to use bitcoin in total.


Definitely your right mate, even bitcoin is legal or illegal people can invest and have an right to have own bitcoin or crypto currency because digital,currency is anonymous ownership as decentralized currency use by new technology and because of the new technology bitcoin users increase day by day because of the he
P of the new technology system internet news and medias.
member
Activity: 728
Merit: 10
October 03, 2019, 07:01:11 PM
Bitcoin is becoming popular day by day. Reduce people's interest in easy transactions and price Rise. Some countries questioned the legitimacy and questioned. However, many countries of the world have given legitimacy to Bitcoin. We need to know about this issue for those new people. Those who did not know what to expect and would benefit them. Bitcoin has been given the list of validity and cancellation.

Bitcoin countries to get legitimacy:

Solvenia, Switzerland, Ukraine, Denmark, Estonia, Finland, Iceland, Lithuaia, Norway, Russia, Sweden, Bosia & Herzegivina, Bulgaria, Greece, Italy, Malta, Portugal, Spain, Belgium, France, Ireland, Luxembourg, Netherlands, United Kingdom, Australia, New zealand, Morocco, Nigeria, South Africa, Namibia, Zimbabwe, Canada, United States, Mexico, Nicaragua, Jamaica, Trinidad and Tobago, Argentina, Brazil, Chile, Colombia, Cyprus, Israel, Saudi Arabia, Jordan, Indonesia, Malaysia, Philippines, Singapore, Thailand, Croatia, Czech Republic, Germany, Hungary, Poland, Romania, Slovakia, Vietnam, Lebanon, Turkey, Iran, India, Pakistan, China, HongKong, Japan, South Korea, Tuiwan .


Bitcoin Cancellation Countries:

Algeria
Bolivia
Ecuador
Kyrgyzstan
Bangladesh
Nepal
Cambodia...



from all countries that have legitimacy with a fairly rapid development are malta, indonesia, russia, singapore, vietnam, japan, and also english.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
October 03, 2019, 12:09:38 AM
It is difficult to distinguish what is legal and illegal without clear regulations, for example in my country you can own bitcoin but using it to pay is illegal. The government will also not solve bitcoin dispute fraud issues because there are no regulations, and most people think it is a scam.
Which is a good point. There's countries who don't have a difinite stand regarding to this matter, you can use the coin without any restrictions but in terms of government regulations there's no statement that being provided if how the government treat this crypto currency.
There's always good and bad sides of this industry, you need to have your own understanding from how the government treated the system.
sr. member
Activity: 938
Merit: 251
October 02, 2019, 01:26:33 PM
Maybe you get wrong source information about legal country for bitcoin, all of your statement about legal country above is not true, so far only Japan, Philippines have make bitcoin become legal transaction and India have banned and blacklist bitcoin not only for selling but also as investment assets.
hero member
Activity: 2590
Merit: 644
October 02, 2019, 11:06:45 AM
It is just sad knowing a lot of countries banned bitcoin. Although it was indeed a great opportunity for the individual, and for country itself as well. Well, bitcoin is a big risk on the other but a big opportunity has a big risk as well, we should sacrifice in order to gain back. I just wondering what made them block this great opportunity besides from the risk of losing money, and as well the unwell purpose of use.

^ Probably they will realize soon how bitcoin useful in economic growth and also how useful the system behind on this bitcoin or in crypto in general. Probably it is because there are some countries who that don't trust bitcoin and other cryptocurrencies the reason why some countries don't allow or banning bitcoin it just because they believe that it is a threat to the government and also some people use it in their illegal transactions most especially in the dark web( which government afraid of).
full member
Activity: 1456
Merit: 148
October 02, 2019, 06:53:49 AM
When my country legal bitcoin? so far I am glad with my country still allowed bitcoin as investment or using for trading way but not legal become payment transaction only, by the way I want to travel to other country have legal bitcoin as Bolivia, Japan and other country.
For you to travel out of your country which doesn't called bitcoin illegal may just be a waste if resources, if you ask me.
My own country has not place bitcoin as illegal, so, I still go about my usual ways in doing transaction. Although the government here has not legalize bitcoin but still yet not illegal, I think there will be no need to find refuge else where in order to spend my starch of cryptocurrency.
member
Activity: 476
Merit: 10
October 01, 2019, 07:21:05 PM
By reading the data you provide that Bitcoin is indeed a trend. We know that this Bitcoin can give people a lot of work that is capable of generating great profits. Especially in today's digital era, many people would prefer it to work online. Bitcoin is an excellent choice in developing your business world.

Bitcoin will definitely add to the industry quality. Governments should be able to manage Bitcoin so that it will attract more investors. And hope that the whole world can develop Bitcoin.
hero member
Activity: 991
Merit: 500
October 01, 2019, 01:01:23 AM
Well this really sucks, digital currency is sure for the next generation the government need to come forward and take initial steps to make it legal, yes a lot of country are still not accepting crypto currency as a legal one but they should have some rules and regulations like do's and don't. If this works well and good people will cope according to the instruction.


Especially in some big populated countries like India where the crowd is in big numbers if they start accepting crypto the value coins will sky rocket again.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
October 01, 2019, 12:10:58 AM
Bitcoin is becoming popular day by day. Reduce people's interest in easy transactions and price Rise. Some countries questioned the legitimacy and questioned. However, many countries of the world have given legitimacy to Bitcoin. We need to know about this issue for those new people. Those who did not know what to expect and would benefit them. Bitcoin has been given the list of validity and cancellation.

Bitcoin countries to get legitimacy:

Solvenia, Switzerland, Ukraine, Denmark, Estonia, Finland, Iceland, Lithuaia, Norway, Russia, Sweden, Bosia & Herzegivina, Bulgaria, Greece, Italy, Malta, Portugal, Spain, Belgium, France, Ireland, Luxembourg, Netherlands, United Kingdom, Australia, New zealand, Morocco, Nigeria, South Africa, Namibia, Zimbabwe, Canada, United States, Mexico, Nicaragua, Jamaica, Trinidad and Tobago, Argentina, Brazil, Chile, Colombia, Cyprus, Israel, Saudi Arabia, Jordan, Indonesia, Malaysia, Philippines, Singapore, Thailand, Croatia, Czech Republic, Germany, Hungary, Poland, Romania, Slovakia, Vietnam, Lebanon, Turkey, Iran, India, Pakistan, China, HongKong, Japan, South Korea, Tuiwan .


Bitcoin Cancellation Countries:

Algeria
Bolivia
Ecuador
Kyrgyzstan
Bangladesh
Nepal
Cambodia...


Any update about these countries status?i have a friends in some part of several countries mentioned and I am encouraging them to study and consider investing in cryptocurrency but the problem is the legitimacy of their places so updates from this is much appreciated

In my country Nigeria, there has been a massive upsurge in the knowledge and usage of crypto and this is as a result of platforms like this that promote and give a depth of understanding of crypto. People fear what they don't understand. The more the decimation of information, the lesser the fear of the unknown. I really believe it would soon be legalised in Nigeria because it is being embraced by a great number of the  populace.
There are some thread here in forum that talks about the Nigerian population for crypto investing is growing continuously,maybe that’s because of the government stands about this market
sr. member
Activity: 910
Merit: 251
September 30, 2019, 11:55:25 PM
Actually it is very difficult for every country to legalize bitcoin as a means of payment, and these countries do not want to destroy their currencies that they have long applied

I hate this kind of thinking to be honest. The Government should be the one who is flexible or open minded when it comes to new things in the modern world, but what's happening for most of the Government is they are doubting bitcoin even though they don't know the whole story about it. First impressions are always wrong, so I'm always wondering when will be the time where all of the Government will have the same mindset like Japan and other countries who legalized bitcoin and implemented it to be use in every day living.


Government here in our country in narrowminded to ignore such gorgeous inventions like Bitcoin. It is sad, how government concluded already that cryptocurrency is not safe because of the majority saying it is just a scam, I pity their poor souls and small brains.

Today many more countries are not yet open-minded and ready to accept the bitcoin and cryptosystem, as they are still closed. Even if the country recognizes blockchain technology maybe the time will come when they will also realize that blockchain technology will be of great help to every government in the country. Thank goodness I even accept the country where I own Bitcoin and crypto.
hero member
Activity: 700
Merit: 500
September 30, 2019, 10:43:21 PM
In my country Nigeria, there has been a massive upsurge in the knowledge and usage of crypto and this is as a result of platforms like this that promote and give a depth of understanding of crypto. People fear what they don't understand. The more the decimation of information, the lesser the fear of the unknown. I really believe it would soon be legalised in Nigeria because it is being embraced by a great number of the  populace.

Yes that's because most Nigerians these days are scammers. They can't resist scammer game, and they need that big point at their nefarious activities. It's all right, well, not really but the current politicians lack competence to stop it so it is what it is.
sr. member
Activity: 530
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
September 30, 2019, 06:21:54 PM
they can try to illegally eyes Bitcoin, but they will never succeed. The technology doesn't allow for it to be blocked or banned. Anyone can download a crypto wallet on their phone, and start buying and selling Bitcoin. Yes it may be more difficult in some countries, but where there's a will there's a way.
newbie
Activity: 28
Merit: 2
September 30, 2019, 03:41:51 PM
In my country Nigeria, there has been a massive upsurge in the knowledge and usage of crypto and this is as a result of platforms like this that promote and give a depth of understanding of crypto. People fear what they don't understand. The more the decimation of information, the lesser the fear of the unknown. I really believe it would soon be legalised in Nigeria because it is being embraced by a great number of the  populace.
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