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Topic: bitcoin legal or not - page 3. (Read 3205 times)

newbie
Activity: 10
Merit: 0
October 02, 2020, 09:11:00 PM
I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me
Well just like every other currency
Bitcoin which is decentralized and not controlled or monitored by any private person or company also have is challenges.
Bitcoin which is just gaining weight in recent time is not accepted by most people and country because it’s concept maybe wasn’t understood by them
member
Activity: 560
Merit: 14
October 02, 2020, 02:20:06 PM
Bitcoin is legal to some countries not all countries. Google will be of help, to help you find out, countries bitcoin is legal to.
Although if you reside in Africa, you gat no problem in trading bitcoin. But you are trading on your own risk cos the government won't be of help if you lose your investment.
As for Asia countries, bitcoin is fully illegal in India
hv_
legendary
Activity: 2506
Merit: 1055
Clean Code and Scale
September 12, 2020, 07:52:18 AM
I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me
Bitcoin is a digital currency. For this reason no government control it. For this in some country Bitcoin is not legal. But in my opinion near in future Bitcoin will be the currency of every digitalized country.

Not a single government alone, rather. But there are ways esp in finance where governments come together

Here is a chance to get Bitcoin clean and safe, but only fully compliant to what Bitcoin must be, was defined and specified
member
Activity: 728
Merit: 11
September 11, 2020, 11:50:54 PM
I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me
Bitcoin is a digital currency. For this reason no government control it. For this in some country Bitcoin is not legal. But in my opinion near in future Bitcoin will be the currency of every digitalized country.
copper member
Activity: 1078
Merit: 0
September 03, 2020, 10:43:36 AM
Whether Bitcoin is illegal or legal will depend on where you are and what country you live in. Cryptocurrency has not yet been legalized in all countries. Moreover, in many countries their products are bought and sold through cryptocurrency. Bitcoin is a digital currency.
hv_
legendary
Activity: 2506
Merit: 1055
Clean Code and Scale
August 30, 2020, 04:46:34 PM
BitCoin legal
Segwit sold under it, not
sr. member
Activity: 534
Merit: 295
August 27, 2020, 08:45:11 AM
I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me

Nowadays, people can buy goods and services directly with Bitcoin, in online retail stores, or by using gift cards purchased with Bitcoin. As digital currencies are traded on exchanges, companies invest millions of dollars in virtual projects linked to the currency. However, with all this commercial activity around cryptocurrencies, there is still no uniform international law to regulate it.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
August 27, 2020, 04:27:13 AM
I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me
legal or not bitcoin depends on the policy of the government of a country, but for now some countries have legalized bitcoin with the terms and conditions that apply in that country, if in the world of bitcoin transactions it has been widely used.
Legality of bitcoin definitely depend on what country we are living, while there are some countries which are not regulating bitcoin yet, so we might call it illegal also. However, IMO, in general bitcoin is legal since the market has grown enough and a lot of money are involve in this market already, eventually, it will be legal in most countries, that's how I think on its future.
full member
Activity: 658
Merit: 100
Eloncoin.org - Mars, here we come!
August 25, 2020, 09:16:45 AM
I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me
legal or not bitcoin depends on the policy of the government of a country, but for now some countries have legalized bitcoin with the terms and conditions that apply in that country, if in the world of bitcoin transactions it has been widely used.
member
Activity: 560
Merit: 14
August 20, 2020, 03:45:48 AM
Bitcoin is legal depending on the country you are from. Although there are countries that doesn't accept bitcoin as a currency.
Legality of bitcoin is not general accepted globally, search on Google to know whether bitcoin is legal or illegal in your own country
newbie
Activity: 10
Merit: 0
August 19, 2020, 12:47:09 PM
Yes,Bitcoin is the legal crypto currency for world wide.It's used not only some country It's word wide uses.Most country uses bitcoin.Crypoto currancy Main coin is bitcoin.Crypto currancy first used or market come Bitcoin.Day by day this currancy used to grow.This coin world wide food platform.Normal man to government used this currancy.Alredy this currancy world wide popular.Most people love this currancy.some country illegal bitcoin.but most country legal bitcoin & user government.
Bitcoin is the best legal coin.I hope all country legal this coin for future.So I there for this coin price is a lot.
you can even be executed in some places
full member
Activity: 1316
Merit: 108
August 07, 2020, 09:00:36 AM
Actually it depends on "you belong from which country".  Due to you haven't mentioned your country, it's not possible to give you correct answer cause legality is different from one country to another. You had better visit "Wikipedia" to check legality & illegality of bitcoin
In my opinion, there will be very big problems with the legalization of cryptocurrency in totalitarian countries, where governments, with the support of the head of state, will prevent the introduction of cryptocurrency. In such states, the government always wants to control the cash flows of its citizens, while the cryptocurrency will be a real threat to the national currency, which the government always uses for its manipulations, increasing the volume of paper notes. At the same time, the government always justifies its actions by the fact that it is trying to fight the illegal turnover of prohibited funds, which may be bought or sold by someone using cryptocurrency. But it seems to me that the main thing is that Bitcoin is recognized in all countries as a digital asset, with appropriate legislation that regulates the turnover of cryptocurrency funds, and people themselves decide whether to use cryptocurrency or not.
full member
Activity: 709
Merit: 100
Chainjoes.com
July 31, 2020, 03:31:39 PM
Actually it depends on "you belong from which country".  Due to you haven't mentioned your country, it's not possible to give you correct answer cause legality is different from one country to another. You had better visit "Wikipedia" to check legality & illegality of bitcoin
newbie
Activity: 88
Merit: 0
July 28, 2020, 01:41:24 PM
It depends on your country. Here in the Philippines, bitcoin is legal even the Central bank of the Philippines approved it. But they do warned use when we do crypto. No ones know who's behind those screen so we must be careful every time we do transaction. I remember it when I watched it on the television way back 2017 or 2018. That's why I started doing crypto that time. Unfortunately, my first campaign did not succeed that's why I stopped and I am here to try again.
sr. member
Activity: 780
Merit: 251
July 22, 2020, 10:43:14 AM
in my own country Indonesia bitcoin is not legal yet but there are so many people using bitcoin, it has arrived in cities and villages and not many people buy and sell bitcoin

full member
Activity: 1148
Merit: 104
July 22, 2020, 10:38:34 AM
For now bitcoin is still not recognized by some countries but most countries have used bitcoin as a legal and real measurement tool as a safe transaction
newbie
Activity: 5
Merit: 0
July 18, 2020, 09:47:33 AM


legal, but every country has different laws.


whether you will enter the world of crypto??
newbie
Activity: 1
Merit: 0
June 29, 2020, 02:19:07 AM
Hi, Bitcoin is legal. But what is the best way to mine or make money by Bitcoin? Is orbitnetwork a good legal and profitable to invest or start other plans on that?
member
Activity: 811
Merit: 20
Chainjoes.com
June 27, 2020, 03:04:37 PM
Legal in some countries and nor legal many countries. Actually bitcoin is a digital currency for me even with legal or not legal depends on there countries government. Unfortunately, government, bank nobody can't maintain bitcoin so for that many countries government do not accept yet legally.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
June 12, 2020, 12:06:43 AM
Bitcoins' legality depends on the government of the country. Some of the countries have supported bitcoin where bitcoin is completely legal there and oppositely there are some of the countries that have not been supporting cryptocurrency are the countries where bitcoin is illegal. But nowadays more countries have started implementing cryptocurrency to a better ecosystem.
This is the best answer so far, though you shouldn't worry about the legality if you are living in a free country because most free government doesn't have that much qualms and most of them hasn't noticed it yet and I think that it is a good thing. The only problem that you will face when you are doing business with bitcoin is that you either do a money laundering and that is about anything that can be implicate on you because most of the authorities are not yet creating a policy to regulate bitcoin so we are in the safe side right now.
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