bitcoin legal or not - page 2. | Bitcointalksearch.org

ven7net

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Quote from: rer@shoy on October 13, 2018, 12:38:08 AM

I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me

To be honest, I believe that it is definitely impossible to answer whether BTC is legal. On the one hand, it is kind of legal, since many countries do not prohibit its use. On the other hand, if we talk about BTC as money, then it is not legal, since there are countries that prohibit the use of surrogate money. Based on this, it is impossible to answer 100% whether BTC is legal or not. The most you can do is find out in the country where you live, how they treat BTC at the legislative level. As far as I know, there are still discussions in the world about what cryptocurrencies are and how to identify them in the world system. Moreover, every time something changes in this regard, which means you need to learn more information.

Schnizel22

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There are some countries that considers Bitcoin as illegal but some are not. Some of it are those superior counries that we know.

biosupdate2020

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Hey internet machine. Is bitcoin legal?
DIng!
https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

Tingtong

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Quote from: rer@shoy on October 13, 2018, 12:38:08 AM

I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me

Have many country started to payment System in bitcoin. I think bitcoin is legal for this county but my county have hard Inhibition for bitcoin. So bitcoin is not legal for my county. If i think about bitcoin, bitcoin is legal for hold world cause it is a online currency.

Argoo

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Quote from: IlliaUA on November 17, 2020, 01:18:59 PM

Quote from: rer@shoy on October 13, 2018, 12:38:08 AM

I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me

You can not worry about legal bitcoin)

Bitcoin will be legal only if the legislators or the government of a particular state formally in law or by-laws determine the status of Bitcoin and other cryptocurrencies, as well as the conditions and procedure for their circulation in the state. If the state has not yet made any decisions on the cryptocurrency, it can still be used until there is a specific prohibition on the part of the authorized state bodies.

freedomgo

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Quote from: franch on November 29, 2020, 02:54:40 PM

This is illegal as a whole, but that doesn't really mean it will be illegal forever, we don't know what will happen here, because that definitely includes the unpredictable future. Frankly i think this is an alternative thing, don't worry too much about it and well if you are not too addicted to bitcoin, do one side of your job.

Illegal or legal, it doesn't change that fact that bitcoin is still very useful.

We don't have a universal law on how to rule bitcoin, some country does not like it while some like it, so it could be illegal to a certain country but it's legal to the others, let's just choose, we are lucky if we are bitcoin enthusiast and we live in a country where the government are supporting bitcoin by regulating it.

franch

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This is illegal as a whole, but that doesn't really mean it will be illegal forever, we don't know what will happen here, because that definitely includes the unpredictable future. Frankly i think this is an alternative thing, don't worry too much about it and well if you are not too addicted to bitcoin, do one side of your job.

hv_

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stuff like this might set it

https://www.fca.org.uk/publication/policy/ps20-10.pdf

https://twitter.com/brian_armstrong/status/1331746226736304129

It s not about plain Bitcoin, but the crypto features built in later ...

Samson123

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The first thing that matters most is that where are you from? Because if you are Indian then for you bitcoin is currently illegal. But in the near future, it will be legal for sure. In some countries like Australia, United States, this digital currency is legal. Some people know it as Crypto and some people know it as Cryptocurrency. We would like to tell all our readers that it is basically a digital asset that is created to use as a medium of exchange. Further, we would like to inform you that it is not authorized by the government of India yet. To know more about cryptos visit..

kaku30

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I am very proud of bitcoin. It is legal in our country.

mou20

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Yes bitcoin is absolutely legal most of the country now

IlliaUA

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Quote from: rer@shoy on October 13, 2018, 12:38:08 AM

I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me

You can not worry about legal bitcoin)

hv_

legendary

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Quote from: ?? on ??

Bitcoin was created to solve the problem of old banking system and centralization. This virtual currency make transaction fast secure and no any third party or government is involve during transaction. In most of the case it has it's advantage more than disadvantage. In some country those advantage are used properly by people and in some country those advantage are use very badly. Due to decentralized currency no any government can track the people and transaction. So this is aloso legal and illegal.

Central bank money competition / and the first working system for electronic micro payments - cause open public ledger to see what is the 'truth' and keep ppl honest

here you go - nothing illegal, also cause it was not sold in an ICO like all the other coins did, that made them securities

and nothing illegal until ppl (soft) forked the protocol playing Satoshi Dev 2.0

Onuohakk

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The legality of bitcoin depends on the country you are from. There are countries bitcoin is not widely accepted for example Asia countries. While in Africa, you trade bitcoin at your own risk. It's only in Europe you can trade bitcoin freely without borders but their government are trying to implement some rules in cryptocurrency

JahriMeayer

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that bassically depends on the govt, under you are from. But Lack of the information you given, can't surely answer your question.you would rather google about it to check more information about your country & bitcoin, read some good articles, so could helps you to understand better about it. the thing is, if you are serious about bitcoin & wanna use it, then govt. can't stop you cause you can use bitcoin whenever wish

PatriciaRaunova

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Quote from: rer@shoy on October 13, 2018, 12:38:08 AM

I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me

legal es , si no no estarían los bancos metidos en esto también...

Por cierto para los entendido : subirá KNC ?? vaya pillada de dedos me pegue....

vlast01

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Quote from: rer@shoy on October 13, 2018, 12:38:08 AM

I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me

Bitcoin are one of digital currency that are under cryptocurrencies, Bitcoin are maybe both Legal and Illegal depending on which country you are in.

mich

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The way to decide this question has always been the same for me its if you cna sell your BITCOIN or other cryptos to a bank for local fiat then YES it is Legal.

Banks will not deal with something they think is Illegal for them.

usekevin

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Quote from: rer@shoy on October 13, 2018, 12:38:08 AM

I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me

Based on the country you belong to.In some country bitcoin was a legal one,in some they won't .You should mention that on OP.Then it will be easy for the people to answer with some ideas.In some country,bitcoin atm all available.In most of country economy was based on bitcoin and cryptocurrency as of now.Investing in bitcoin was became a normal practise.

ichi

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It relies upon your nation. Here in the Philippines, bitcoin is legitimate even the Central bank of the Philippines endorsed it. Be that as it may, they do caution us when we do crypto. No one knows who's behind those screens so we should be cautious each time we do the exchange. I recall it when I watched it on the TV route back 2017 or 2018. That is the reason I began doing crypto around then. Lamentably, my first mission didn't succeed that is the reason I halted and I am here to attempt once more.

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