Topic: Bitcoin legitimate or illegal? - page 5. (Read 1945 times)
It depends on which country you are speaking, in some countries it is legal, but in most of the nation's it is illegal, again it depends on the decision of the government.
Bitcoin can be legal and illegal. It will always fall to how it is being used. Most of the transaction are legal because it is used to purchase or trade in some products and some services. I can say that those who are in black market have already in the idea of bitcoin transaction for they will not be tracked easily. In some news, bitcoin is used in drug transaction and some were used to pay illegal services such as hired killers.
Why would bitcoin be illigal. It is not a drug or crime. You can use bitcoin from any place at anytime if u have internet. Why anyone can call it illegal ? It is currency not a crime .so I don’t think it is illegal. 
I agree with you . World governments should recognize Bitcoin more positively because Bitcoin is recognized by everyone in the world and will soon reach agreement in the crypto world in the future. I hope Bitcoin will one day be recognized and legalized by the whole world
Bitcoin is legitimate and legal. Money is legal when it is used for legal transactions and it becomes illegal when it is used in anything illegal - BTC is just like your everyday paper money.
Well, it depends on the situation or the usage of it. We as a part of this community, we can use it in a good way for investment but once a person turns away and use it in a bad way now that's what you called illegal. Illegally using of bitcoins are used in crimes. Since bitcoins is open to all , it is prone in everything whether legitimate or illegal.
Why would bitcoin be illigal. It is not a drug or crime. You can use bitcoin from any place at anytime if u have internet. Why anyone can call it illegal ? It is currency not a crime .so I don’t think it is illegal.
Bitcoin is an independent currency what will make it legal or illegal will depend on the person using it like the currency we are currently using some people use it in illegal activities. We cannot prevent those people who uses bitcoin in doing their illegal transactions we cannot help because of the idea that it is very private no one can trace your transactions so it would be easy for anyone to transfer fund to another even corrupt officials can use bitcoin in investing the money they laundered but crypto currencies are made for legal purposes
Man I don't know why governments keep saying this. I guess it's just a convenient excuse? I mean it's basically the go to response of oppresive governments. Remember what Hitler was saying about Jews? The citizens won't care for as long as it's for their own security. Sorry for the drastic comparison.
I won't deny that it's being used for illegal stuff but I feel like the threat is way too overblown. Criminals can just as easily use fiat and they're not sending warnings about that. I'm pretty sure governments that declare it illegal are just clueless as to how to regulate it.
I won't deny that it's being used for illegal stuff but I feel like the threat is way too overblown. Criminals can just as easily use fiat and they're not sending warnings about that. I'm pretty sure governments that declare it illegal are just clueless as to how to regulate it.
Do you know that the existence of Bitcoin has increased crime in some countries in the world? This problem is thrown by the Metropolitan Police of Europe and the United Kingdom. According to them, Bitcoin has played a huge role in their community's growing guilt. They also think that Bitcoin is involved for cybercrime, but how does Bitcoin increase crime work? Why is it being considered illegal in the country?
The existence of bitcoin may increase crime rates throughout the world due to its decentralized nature, being unable to track-down illegal transactions under the dark web but the opportunities it provides to people regardless of their status supersede it. It also depends on the country under their laws and regulations about the prohibition of bitcoins. As you can see, more countries are legalizing it as an alternative payment vis-a-vis countries who ban it due to its effects, both economic and social perspectives. Hopefully, they would see the implications of bitcoin once they accept it as payment.
I think hat if the bitcoin is illegal it should banned in all countries thathaving this forum so that theres no people wi be the victim in this forum.
Do you know that the existence of Bitcoin has increased crime in some countries in the world? This problem is thrown by the Metropolitan Police of Europe and the United Kingdom. According to them, Bitcoin has played a huge role in their community's growing guilt. They also think that Bitcoin is involved for cybercrime, but how does Bitcoin increase crime work? Why is it being considered illegal in the country?
The existence of bitcoin may increase crime rates throughout the world due to its decentralized nature, being unable to track-down illegal transactions under the dark web but the opportunities it provides to people regardless of their status supersede it. It also depends on the country under their laws and regulations about the prohibition of bitcoins. As you can see, more countries are legalizing it as an alternative payment vis-a-vis countries who ban it due to its effects, both economic and social perspectives. Hopefully, they would see the implications of bitcoin once they accept it as payment.
i think this is the subtasnsial issues for us (bitcoiners) to answer, however i didn't enjoy my activity here in the world of crypto without the legality from my country 
Bitcoin is created in good fate. It only turns on the negative side when it is used as a medium for illegal transactions. Some people use it for criminality due to its untraceability, taking advantage of it for personal benefit.
Do you know that the existence of Bitcoin has increased crime in some countries in the world? This problem is thrown by the Metropolitan Police of Europe and the United Kingdom. According to them, Bitcoin has played a huge role in their community's growing guilt. They also think that Bitcoin is involved for cybercrime, but how does Bitcoin increase crime work? Why is it being considered illegal in the country?
I think not only bitcoin but also the altcoins. Many people got scammed. It's very common today like here in this forum there's so many scammer they create coin just to many money. 
bitcoin are not fully legitimate in the worldwide we should know have many's countyr accepting bitcoin to help them to grow the economy of their country and to help the people using bitcoin to earn profits in the way to give job opportuniy using bitcoin as digital cryptocurrency, but hoping the other country not know the importance of bitcoin later on becomes interested and accept bitcoin to help in their country and become legitimate worldwide.
In our country is legal, at least for now, it's even so legal that you don't pay taxes for buying BTC or other currency on atms, gass stations, etc... Now it's allready ethereum on sale on gass stations not just bitcoin. 
Do you know that the existence of Bitcoin has increased crime in some countries in the world? This problem is thrown by the Metropolitan Police of Europe and the United Kingdom. According to them, Bitcoin has played a huge role in their community's growing guilt. They also think that Bitcoin is involved for cybercrime, but how does Bitcoin increase crime work? Why is it being considered illegal in the country?
Bitcoins are not accepted for daily payments at shops, services and banks. But the law does not prohibit bitcoin. Bitcoin has not affected the law yet. You like to participate and invest in bitcoin not up to you. Success or failure in digital currency by you.
It's not illegal as a thing to own per say, for starter it becomes illegal when it's used to purchase items such as drugs and so on, as well as realizing shady transactions. But generally speaking the transaction doesn't even have to include them to be against the law. Bitcoin can be untraceable and that's already an offense, that's why in order to withdraw money made in bitcoin we have to indentify ourselves. It's not illegal unless your actions fall in those kinds of categories.
I do not say it is legal and i do not say it is illegal, government are not announce that digital currency is already adopted in our country but i can say it is legit which everyone can make money and no one are getting scam by this coin. Hoping that soon government will review the background of bitcoin to know the good benefits brings to all people.
as long as there is no prohibition and suggestion using bitcoin it will be better if focus how to get as much bitcoin as possible, because legitimate or illegal depends how we judge and use it to do something
Do you know that the existence of Bitcoin has increased crime in some countries in the world? This problem is thrown by the Metropolitan Police of Europe and the United Kingdom. According to them, Bitcoin has played a huge role in their community's growing guilt. They also think that Bitcoin is involved for cybercrime, but how does Bitcoin increase crime work? Why is it being considered illegal in the country?
Bitcoin is totally legal, but some people are using it for their own satisfaction without thinking the result of their wrong doings by using bitcoins.
Other people are using bitcoins for assasination, buying a lot of illegal firearms and mostly use it to buy drugs. Then those wrong doing that the people have done, bitcoin will be blame for everything that supposedly those idiots should be blame for.
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