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Topic: Bitcoin legitimate or illegal? - page 8. (Read 1945 times)

full member
Activity: 196
Merit: 102
October 31, 2017, 06:28:14 AM
#6
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?
To our knowledge, Bitcoin has not been declared illegal in most countries. Although there are some countries (such as Argentina and Russia) that strictly prohibit foreign currency. Other countries (such as Thailand) restrict certain currency identity permits such as Bitcoin exchange.
full member
Activity: 434
Merit: 101
October 31, 2017, 06:27:14 AM
#5
Maybe some think that it is illegal because they have questions that where this currency came from. It is different from those currency we have in every country bitcoin is for the WORLD that regulates the digital world transactions. Having questions on it's legality when it comes on how the people will use it or where they earned it. Here in forum it's absolutely legit because we know how we earn it and we hardwork for it.
hero member
Activity: 641
Merit: 505
October 31, 2017, 06:18:04 AM
#4
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 idea of bitcoin is very good bad if we use this in illegal doing it will ban and bad images in our society. Bitcoin is very helpful to the other people( who are involved) because it gives income when they trade, invest, mining, joining to campaign and etc.,but it this will be use in illegal it will crash and stop by the government.
full member
Activity: 140
Merit: 100
October 31, 2017, 06:16:03 AM
#3
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?
Does bitcoin legitimate or illegal depends on who is holding it and use it to do something.  Grin Grin Grin Grin
sr. member
Activity: 519
Merit: 250
October 31, 2017, 06:14:25 AM
#2
Bitcoin is legitimately legal in fair use but when criminals are using it to transfer the money untraceable then that will fall into illegal. That is why some Countries are making strict regulations and laws for exchange operators as what happened today when you register through exchange sites, we cannot widthraw our money easily without giving them our full identity.
member
Activity: 206
Merit: 10
October 31, 2017, 06:06:47 AM
#1
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?
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