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Topic: is bitcoin legal??? - page 15. (Read 3030 times)

jr. member
Activity: 154
Merit: 2
April 21, 2018, 02:13:45 PM
YES its legal no countries can stop BITCOIN no one can stop BITCOIN . maybe now in other countries they still want bitcoin is illegal but someday they realized bitcoin is the future of us
newbie
Activity: 216
Merit: 0
April 21, 2018, 02:09:45 PM
Bitcoin legal? Of course this speaks to government policy. So it depends on government policy to legalize crypto currency. Because every country has a currency, and bitcoin is the currency used by the world community.
full member
Activity: 728
Merit: 104
April 21, 2018, 02:05:40 PM
Here a lot depends on what you mean by this, because now it's legal to say that it is legal or not very difficult, it seems to me that bitcoin is legal today in some countries, for example, in Germany or in the Czech Republic, but not everyone understands that this is such.
member
Activity: 168
Merit: 11
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April 21, 2018, 01:59:26 PM
Ofcourse Bitcoin is legal and we can use it to buy and sell goods and store of value. In some countries Bitcoin is illegal and take note bitcoin has online 21 million supply that can be mined so if you have atleast 1 bitcoin you're filty rich in the future.
It's hard to predict. in a few year Bitcoin might to become useless cause so many modern cryptocurrencies that even better of Bitcoin
full member
Activity: 966
Merit: 102
April 21, 2018, 01:56:56 PM
bitcoin should be legal in many countries, many countries ban bitcoin and make illegal bitcoin due to regulation in unclear countries and that could inhibit the growth of bitcoin in the country. so I see bitcoin always legal.
newbie
Activity: 27
Merit: 0
April 21, 2018, 01:55:29 PM
That's the reality. While some countries have explicitly allowed and commercially used, others have forbidden or restricted it. Similarly, different government agencies, ministries, and courts have differentiated bitcoin.
newbie
Activity: 88
Merit: 0
April 21, 2018, 01:49:38 PM
In South America, Bitcoin has become the official currency in Venezuela because of high inflation and the collapse of the economy. So the legality of your bitcoin activities will depend on who you are, where you live, and what you are doing with it.
member
Activity: 201
Merit: 10
April 20, 2018, 09:15:36 AM
In some countries like here in Philippines, bitcoin is not legal. The government says in a news that it can cause our country's economy depression since bitcoin does not have any equivalent in Philippine Peso.
newbie
Activity: 24
Merit: 0
April 20, 2018, 08:12:52 AM
Bitcoin is of interest to law enforcement agencies, tax authorities, and legal regulators, all of which are trying to understand how the cryptocurrency fits into existing frameworks. The legality of your bitcoin activities will depend on who you are, where you live, and what you are doing with it.



It depends on where you're living at especially on the how the rules and regulations being implemented in your country. As far as I know the only illegal we can consider if an abusive group of person uses the BTC to scam other people.
member
Activity: 224
Merit: 10
April 20, 2018, 06:35:26 AM
Yes, it depends on where the person lives in. Some countries already declared Bitcoin as a legal currency and others are trying to legalize with discussing Law inforcing agencies how to accept Bitcoin in that countries.
full member
Activity: 364
Merit: 101
April 20, 2018, 03:24:19 AM
Ofcourse Bitcoin is legal and we can use it to buy and sell goods and store of value. In some countries Bitcoin is illegal and take note bitcoin has online 21 million supply that can be mined so if you have atleast 1 bitcoin you're filty rich in the future.
newbie
Activity: 154
Merit: 0
April 20, 2018, 03:21:45 AM
I think it depends on which country you are in.
If you're in a more democratic country, it's legal to hold bitcoin and trade bitcoins most of the time.
If you are in a country that bans bitcoin, you may be arrested.
,,,You're right, it depends on which country that did not allow to legalized the  bitcoin and altcoins. We are hoping for such countries that will allow to legalize it. So that, all people have chance to experience the developments or improvements.
newbie
Activity: 188
Merit: 0
April 20, 2018, 03:02:26 AM
yes I agree if bitcoin legal, it will simplify in terms of transactions in various countries hopefully in the future all transactions receive payment of digital money
member
Activity: 280
Merit: 28
April 20, 2018, 02:55:10 AM
It depends on what country we are considering. To date, there is no single glance at the status of the crypto-currency. So, the United States has a pro-Bitcoin position. The Ministry of Finance considers Bitcoin as a business that provides settlement and cash services to the public, but not as a currency. The Canadian tax agency treats it as a valuable asset. China, Ecuador, Iceland, Indonesia, in their turn, regard the crypto currency as illegal and try to prohibit or restrict its use.
newbie
Activity: 168
Merit: 0
April 20, 2018, 02:41:39 AM
The legal status of bitcoin depends on our country.

If you are in a more democratic country, it is legal to hold bitcoin and trade bitcoins, such as Japan.
newbie
Activity: 197
Merit: 0
April 20, 2018, 02:40:17 AM
Mostly it is, in some countries there are some restrictions like restrictions for trading and mining and etc.
member
Activity: 219
Merit: 10
April 20, 2018, 02:39:10 AM
BitCoin is the most known among the crypto currencies. some countries have accepted crypto legal. perhaps due to the new regulations to be accepted by other countries in the world.
sr. member
Activity: 448
Merit: 250
April 20, 2018, 02:38:53 AM
It depends on which country you live. In my country, Indonesia is neutral as long as it does not harm the country.
newbie
Activity: 231
Merit: 0
April 20, 2018, 02:35:54 AM
Its legal actually but because of nation and government cannot control them then they will make a regulation that bitcoin is illegal. And unfortunately some bad people using bitcoin for their criminal activities.
member
Activity: 155
Merit: 16
April 20, 2018, 02:31:06 AM
It's about as legal as it is to own gold assets, at least in the united states.  I can't see any reason it would ever become illegal, and even if it did there isn't really any way to prevent people from using it. 
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