Topic: Is Bitcoin Legal? - page 3. (Read 12997 times)

I am not sure, that bitcoin is the same as PayPal. Because We now, that PayPal has own director and this service obeys the laws. The situation is different with Bitcoin, because no one can control the transactions and market cap is growing. That's why government is worried and try to take control.

I think bitcoin is just another form of online payment like PayPal. So bitcoin is completely legal. But the government says bitcoin is illegal. That's what I find very absurd

Bitcoin legal or ilegal it depends upon the country you lives. The government in your country only decides whether it is legal or ilegal. In some countries it is legal but with some rules. So many developing countries now accept bitcoin in their country. But some countries not accepted. Hope in future all countries accept bitcoin as legal. Developing countries are interested in digital currency so it will bring changes in all countries.

Ripple is considered the fastest digital currency. Most often, new crypto currency is a modified Bitcoin code, like Ethereum. The Ripple currency was created from scratch. As customers, venture funds - financial structures, investing money in innovative projects.
The goal pursued by the creators of Ripple is to increase the speed of banking operations, as well as savings in their implementation. On the site of the crypto currency you can find a calculator showing the potential savings of banks. According to him, with the number of transactions of 300 thousand units annually and with a turnover of 5 million dollars, the savings will be $ 3.4 per transaction. Thus, an annual financial structure can save more than one million dollars.
The new currency has been adopted by such large companies as HSBC and Bank of America. Another important difference between the Ripple crypto currency and bitcoin is that it can not be mined. All units of the digital currency have already been generated. They are the property of Ripple Lab. The total amount of digital currency Ripple is 38 billion units. Ripple Lab lists its crypto currency not for empty calculations, as in the case of the same bitcoin, but for processing data from world universities. The share of Ripple in the digital currency market is 5.7%. The unit cost of crypto currency is 18 cents.

It is legal to use bitcoin in the United States, and payments are subject to the same taxes and reporting requirements as any other currency. There is no physical bitcoin currency the way there is a dollar, euro or pound. ... Ledgers known as blockchains are used to keep track of the existence of bitcoin.

according to our knowledge, Bitcoin there are no regulations that are legal by law in some jurisdictions. perhaps, some jurisdictions like Argentina or Russia are severely restricting prohibiting illegal (foreign) currency.

this may be the minimum legal regulations of every person who is involved in money laundering. this is a blessing to them all or of course it is legal, why often troubled with bitcoin currency? just look at the current situation, where you are in a world without cash in your wallet whether only bitcoin currency as a means of exchange of this payment is great.

may be legal, but in some countries the prevailing rules apply, but still know little about it or still think about the dangers also tjey even for some points too, most likely dangerous if we do not get it well. peoples one to make it legal, the govenment is the one who makes it uncertain because it can stop the rebellious insurgency

i'm sure in the future, bitcoin will be something like treasure. really

I love this interactive map. Because this map is very cool and unique. We all can see the legal status of Bitcoin globally. Apparently, a lot of countries are free to use Bitcoin and I hope in the future all countries in the world can use Bitcoin freely. Yes though on the map it is Bitcoin forbidden in my country.

Bitcoin legal or illegal depends on who you ask and the jurisdiction or country where the person in question leave tjat will determine his or her answer on whether Bitcoin is legal or illegal. Bitcoin and other altcoins are all illegal in my country and one cannot use it to purchase an items or pay for services here in my country.

I believe that the legal or illegal thing of Bitcoin is dependent on the rule of one country. Because the governments of many countries have declared Bitcoin as valid and they are used in exchange for the exchange of Bitcoin in all countries. Again, the governments of some countries have declared Bitcoin illegal. So I think the legitimacy or illegality in bitcoin depends on the government or the law of the country.

I think of course it is legal but some countries still do not know it, or still think the danger of the future is also tjey even true for some points as well, or it can also harm us if not use it very well..peoples is something that can make it legal, govenment ie the person who made it inappropriate because it could lead to the cessation of their party rebellion

most likely the legal but basically the current issue of bitcoin is that many countries are unfamiliar with such matters and the reason corrupt State Government agencies are very difficult to be legal because people do not know or are not accustomed to deceptions that do not show willingness to the people. people to accept it.

Bitcoin is not yet legal but the use of Bitcoin is not yet banned and is still fairly free. This map is really cool! From this map, I can see the legal status of Bitcoin in the World like what. But for me, Bitcoin remains legalized.

Of course it is legal in some countries. But some countries don't know a little thing about bitcoin or still thinking that it is scam/ danger. Though in our country it is not legal and it is banned, sometimes we need to break the rules. But i hope that it will be legalize in worldwide and no to corrupt government.

This interactive map is very cool indeed! We all know about the legal status of Bitcoin in the world globally. Apparently, a lot of countries are freeing up the use of Bitcoin in the country. Surely this is very good for the development of Bitcoin in the future.

Ever since the now-defunct Silk Road gained notoriety, regulators have been concerned about Bitcoin’s semi-anonymity and decentralized nature. In the U.S., as well as in other countries, authorities fear that the platform could be used for money laundering and the purchase of illicit goods without being traced. Therefore the point of view of many countries about bitcoin is split. Many countries banned bitcoin but many are legal. n other places around the world, the legality of Bitcoin is viewed differently, but for the most part it remains relatively safe to use as long as it is not tied to illicit purchases or activities.

bitcoin is the fact that I know it's legal not because it does not take a bit and bitcoin has just been using bitcoin's name for a human scam for personal interest but the bitcoin really knows that it's legal.