I knew that there are a great many of people in my country use Bitcoin but I dont know whether Bitcoin is legal or not?
I have to say there is no single answer about this question , because of in some countries , it's legal , such as USA . But in some countries , it's forbid to trade them , such as China and I don't know why he has to do that . 
Topic: Is Bitcoin legal? (Read 718 times)
It really depends on the legislation in a specific country and what are the definitions e.g. of a currency and a virtual currency. In general, there is no reason to tell it's illegal if there are no direct legal rules that prohibit it.
I knew that there are a great many of people in my country use Bitcoin but I dont know whether Bitcoin is legal or not?
Bitcoin is legal depending on the country. There are many countries that prohibit bitcoin and you should find out if your country is prohibited from bitcoin. https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory
some people think its legal. some people are not.
so I think its both. you know all of things have a good and a bad side.
so why not btc 😊😆😆
so I think its both. you know all of things have a good and a bad side.
so why not btc 😊😆😆
Its totally depends on your own government if they say its legal then legal no doubt.
Yeah, it is very legal except in some few countries. At this point bitcoin has an ATM, not sure how it works but be rest assured that it would give the money you need if all things be equal.
There is no law banning bitcoin so I can say it is legal. It is because of the false information that people spread that people think it is fake or not legal.
I want to join too early actually still in kedaan was puzzled as between it's illegal or legal, but after I asked a further question-it turns out it's not legal and not a "Backbiting" as well, so it's still in a State of safe
To answer you question, If there is a law punishing a person of using bitcoin, then bitcoin is illegal however if there is no law punishing of using it, therefore bitcoin is legal.
I knew that there are a great many of people in my country use Bitcoin but I dont know whether Bitcoin is legal or not?
That depends on country or ever a region of living in some places in world, unfortunately there are more and more regulations being made about crypto, in future it could be even illegal to use them in some parts of world.
Bitcoin currency is not listed in the banking system and is not related to the government. All exchanges are recorded in a distributed ledger called blockchain.
It depends on where youre living. In some countries, governments do anything to ban crypto, while in others it's totally acceptable to use, trade and own bitcoin/crypto.
I do not see the point of prohibiting bitcoin. The government is going through losing control over the money? Or worry that citizens can get rich, and start living freely? Participation in the state lottery - please, and buy a profitable investment is prohibited? Absurd.
Yeah, because the government always wants to control their people. They cannot control the economy of their people if bitcoin still exist in their country.
Government always want to control their people? I find that notion as funny whenever people in the crypto space use it out of context. I am all for decentralization and taking banks/financial institution as they are just bad. With the current crypto space, the scams, the blatant manipulation, if things stay the same, one would wish for the govt control rather!!
Bitcoin is legal almost everywhere. If it's illegal in your home country just try the next one its not!! lol
I knew that there are a great many of people in my country use Bitcoin but I dont know whether Bitcoin is legal or not?
Bitcoin is legal or not depends on the government where you live. If governments say it's legal, then it's legal. With the many benefits that bitcoin brings, it is difficult for the government to consider bitcoin as illegal. For where I live, bitcoin trading is completely legal.
It is legal in some countries, but some countries don't accept the use of cryptos
Bitcoin is legal in some countries and some countries prohibits it, so it just depends on where you are staying.
Other country other rules, in my country bitcoin is Neutral not illegal or legal, some country legal and illegal. Bitcoin illegal but other people still use bitcoin for payment
I knew that there are a great many of people in my country use Bitcoin but I dont know whether Bitcoin is legal or not?
Bitcoin is legal or not, depending on where you live. Where I live, the investment and use of bitcoin is completely legal and no law regulates it.
I knew that there are a great many of people in my country use Bitcoin but I dont know whether Bitcoin is legal or not?
Bitcoin is.legal some country bt most of the country try to ban bitcoin foreover.Now bitcoin get negative news from different country and organization and some people also hapoy because they hope bitcoin will be zero one day.. Jump to: