bitcoin legal vs illegal ??? - page 3.

Amph

legendary

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Quote from: flozanoh on May 26, 2017, 06:38:11 PM

Hello

this is the first time I come here, I don't know much about Bitcoin, do you know where can I fond some information about Bitcoin in Spanish. I'd like to use this system to pay to the users from my webpage www.juegoskids.com. 6 months ago I paid to the users with Paypal, but I'd like to pay with Bitcoin from now on.

probably not regulated like in other country of europe, for european country there is the central bank that decide everything, and besides being exempt from vat they say nothing else

you can go ahead and use without issue, just report your capital gain when you do the claiming every year

flozanoh

newbie

Activity: 2

Merit: 0

Hello

this is the first time I come here, I don't know much about Bitcoin, do you know where can I fond some information about Bitcoin in Spanish. I'd like to use this system to pay to the users from my webpage www.juegoskids.com. 6 months ago I paid to the users with Paypal, but I'd like to pay with Bitcoin from now on.

jasonroy

brand new

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Legal in some countries
this forum is an awesome place to earn money just by placing our views of the mentioned topics but it's really time-consuming task it takes about an hour to reply to at least 5 topics daily so understanding the topic and replying accordingly takes a lot of time. but well for jobless and hopeless guys it's the perfect source of earning. some teens are wasting time by playing addictive games like candy crush andmini militia instead, if they invest those time in this forum then they would definitely earn about $40 monthly

DarkKnight68

member

Activity: 81

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Make Your Passion Your Addiction.

Honestly, I don't see any issues regarding the legality of bitcoin due to the facts given. Is there an actual law (internationally or locally) that provides that a transaction that cannot be traced is illegal??

Please enlighten me if I'm not seeing the point or if I'm wrong thank you.

marketone

legendary

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Merit: 1000

Quote from: zeze18 on April 06, 2017, 11:29:44 PM

I think bitcoin transactions legally or not it does not affect me,
because this salama I've never had trouble in the transaction by using biotcoin

But when government legalized the bitcoin may be rules will change we have to use only address for person because it order to trace it. Right now transactions are taking long but once segwit happens the price of bitcoin will increase more.

kpcian

hero member

Activity: 826

Merit: 529

I think it doesn't matter whether addresses remove or not if anybody wants to create another wallet so that one can easily. nowadays people are interested in using bitcoin because of trackless. so some people really wants to be hidden.
So from my perspective, bitcoin is not illegal, day by day it's getting more powerful and acceptable so many countries already approved as a currency and it's already made its platform as a virtual money.

Yuuto

hero member

Activity: 644

Merit: 501

I have something to say for all those, who want to see the option of varying addresses to the same wallet being removed:

Are you aware that some of the altcoins that have already been created, are 100% anonymous?
It means that you cannot track someones wallet just by having his address number ( like it is in bitcoin, if the option of different addresses to one wallet is enabled ) but you totally can't trace the people.

So if someone really wants to stay anonymous, and he needs to pay for something through the web- why would he use bitcoin?
He can just go for monero, and pay for the stuff with it.

Erasing the varying address option would be a very big mistake, because many of the current bitcoin users would simply leave it, and stick with some others cryptocurrencies, which may provide them privacy.

BigBall

sr. member

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I think that it is good to have multiply adresses because there are many kind of earn money online business for which is good to have more than 1 bitcoin adress so I think that bitcoin is legal with that option.

darkangel11

legendary

Activity: 2478

Merit: 1360

Don't let others control your BTC -> self custody

Quote from: Realtech on April 10, 2017, 04:49:42 PM

yes i agree to that bitcoin is not illegal,just because is not tracable

2 wrong assumptions in such a short sentence.
1. It IS traceable. Not always to your own name, but bitcoins whole history is visible on blockchain. You can find where and when the coins were mined and so on.
If you decide to cash out on an exchange it will also be possible to get your account number and trace it to you
2. Legality has nothing to do with traceability.

Realtech

member

Activity: 117

Merit: 10

yes i agree to that bitcoin is not illegal,just because is not tracable

Ankara

legendary

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Merit: 1000

Should it be illegal to own multiple physical wallets in different locations? If not why should it be illegal to own multiple virtual addresses. That is not even worth considering to why bitcoin should be legal or illegal.

jorneyflair

hero member

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Merit: 500

Quote from: mrcash02 on March 05, 2017, 09:44:02 PM

If people wants to change their address after every transaction it's because they don't want or they can't be tracked. The virtual world is different from the physical, I believe on the internet people have more freedom and privacy to do what they want and as Bitcoin is a decentralized currency and brings a "decentralized" filosofy, I think if this feature would be removed the purpose and filosofy of Bitcoin would be affected, on the another hand it could help law forces to spot thieves.

Thats it, I cannot understand why would anyone want to remove the option of changing deposit address for example, every hour.
If someone want to stay private in the Internet, then why you guys are against it?

Decentralization means it is not controlled by the goverments but they could track every transaction and list them to specific address and the address would be listed to the real person.

Leave it like it is, if this option will be removed, many people will go for altcoins.

darkangel11

legendary

Activity: 2478

Merit: 1360

Don't let others control your BTC -> self custody

Quote from: zeze18 on April 06, 2017, 11:29:44 PM

I think bitcoin transactions legally or not it does not affect me,
because this salama I've never had trouble in the transaction by using biotcoin

Are you using google translate to write posts? If you do, at least try to check if all of your original text got properly translated and not converted to something else Roll Eyes

You owe us this much.

If it becomes illegal in Indonesia I'm quite sure it will affect you.

audaciousbeing

hero member

Activity: 1330

Merit: 569

The issue about the legality of bitcoin is still a dicey one in most countries of the world and the issue of the multiple addresses in my own opinion, does not affect legality in any way because even in the Fiat world that depends on the banking system. After all, I have seen individuals having several bank accounts in a bank or several banks but connected through verification process and this has not stopped the legality of Fiat.

zeze18

sr. member

Activity: 938

Merit: 256

I think bitcoin transactions legally or not it does not affect me,
because this salama I've never had trouble in the transaction by using biotcoin

Hazir

legendary

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Merit: 1005

★Nitrogensports.eu★

- storing bitcoin is free, but sending transaction is not. You will have to pay the fee, that is a toll for using BTC network.
- what is wrong with multiple bitcoin address being available for everyone, it only increase our privacy
- you are talking about HD wallets which generate wallet for every transaction, you don't like it, use Bitcoin Core

olubams

hero member

Activity: 798

Merit: 503

The first thing we need to identify is what is the basis of the multiple addresses because sometimes when determining the legality of an action, the intent is allowed to take precedence over the action itself and in this case this is what I see. So, I dont see that as a reason to determine the legality of a transaction and moreover the change in address is an optional thing so you have the option to decide whether to use it or not...

1.btcwonder

newbie

Activity: 42

Merit: 0

It dependent on what you’re undertaking with it. The legitimateness of your bitcoin exercises will rely on upon your identity, where you live, and what you are doing with it.The legal status of Bitcoin exchange is very misty and it varies from country to country. Some countries prohibit the exchange of Bitcoins but on the other side, some countries give a legal or not too heavily regulated viewpoint to Bitcoins. the
legitimate status of bitcoin differs considerably from nation to nation and it is yet indeterminate because it's legal or illegal status is changing day by day in many countries.

Proficient

newbie

Activity: 14

Merit: 0

Quote from: Amph on March 07, 2017, 02:01:26 AM

it doesn't make sense to remove it, because i can simply create another wallet if i want more anonimity, and creating another wallet is more anonymous than making more address with the same wallet

not to mention it also lower your average transaction size, it's a win win situation, for everyone using bitcoin

True, and all that making people keep the same address would do is either to create new wallets or to just move to a more anonymous cryptocurrency, like cloakcoin which some people seem to like.

Countries will decide whether Bitcoin should be legal or not partially based on their commitment to privacy, but ultimately no one can entirely ban something on the Internet unless they entirely remove the conventional Internet for their own purposes (e.g. North Korea's intranet), and by compromising its principles Bitcoin would leave itself vulnerable because if a government decided to ban it, people would find it much harder to hide their use.

SHAWN-MIDWAYS

hero member

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Quote from: pawanjain on March 05, 2017, 10:29:38 AM

At one side we are saying every transaction in the Bitcoin is free to see by anyone ( which is really a thing which increases our trust , faith in the Bitcoin )

The public ledger(blockchain) is not only a matter of trust, its also more the skeleton of bitcoins functionality.

Quote

but opposite of this
most of the wallets have the service of multiple address like mysellium which has a property of change address after every transaction .
And also blockchain whose address per hours per minute changes .

Do you think guys that to make Bitcoin more legal the option of varying address should be removed from the Bitcoin network and make it tracebale at every point .

I don't think its legality standing in the way of having multiple addresses but on a hodlers point of view having multiple addresses allows tracking your savings towards your goals and allows spending funds on everyday necessities without tempering with your hodl. So scraping the dynamic address generation is a NO for me!

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