Topic: is bitcoin legal??? - page 18. (Read 3047 times)
If its illegal maybe the Government will not take this any longer they will do to eliminate bitcoin immediately! But it's because its legal they can't do anything with this and they will only let us do whatever things pertaining in Cryptocurrency esp. in Bitcoin.
In our country, in the southeast asia, bitcoin is neither legal nor illegal. However it is widely accepted even banks are open for transactions.
And our government is now planning to put regulations in place and possible taxation protocol.
Everything about cryptos, especially bitcoin is really great.
And our government is now planning to put regulations in place and possible taxation protocol.
Everything about cryptos, especially bitcoin is really great.
it all depends on the country in which you live. I know some countries have banned bitcoin and some on the contrary encourage bitcoin
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.
Yes, Bitcoin is legal in my country (So far). Let's hope the global economic will not make bitcoin became illegal, because cryptocurrencies help a lot of people, it became easier for us to make a payment and also investment.
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.
Since bitcoin was decentralized, it means it is not illegal because there are some of the country all around the world became regulated which is Bitcoin like in Japan, China, Korea, India and other nations.
Unlike illegal, counterfeit money, which is a blatant example of a "currency" that misrepresents itself as legal tender, Bitcoin is entirely different. Nevertheless, it operates in a seemingly gray area when it comes to regulation.
I think whether bitcoin is legal or not dependent on individual countries because they have their own policy on crypto currency, there are some countries that use bitcoin in the country and of course for the country, bitcoin becomes legal but there are also some countries which prohibits the use of bitcoin so in that country could bitcoin be illegal
yes, it's true that the bitcoin's legality will depend on the policy of a country to be done. and as in my country for now bitcoin is not a legal currency to be able to do transaction activities because for a reason there is already an official fiat currency that can be done for the transaction. but in terms of storing wealth assets with investments in bitcoin there is no prohibition. so I think this is a pretty good policy that exists in my country because even though there is no bitcoin legality in place but on the other hand there is no prohibition on storing wealth assets in the form of bitcoin.
Bitcoin is a technology of digital currency of the future and is used by the world community. So, the legality is returned to each country, whether the country will accept Bitcoin as a transaction tool or not. But there are some countries that use bitcoin as a medium of exchange rather than as a legitimate transaction tool.
I think whether bitcoin is legal or not dependent on individual countries because they have their own policy on crypto currency, there are some countries that use bitcoin in the country and of course for the country, bitcoin becomes legal but there are also some countries which prohibits the use of bitcoin so in that country could bitcoin be illegal
that right the legality of Bitcoin depend on the country where we stay. Bitcoin not regulated yet so government not allowed using Bitcoin to make transaction for good and service.
Many countries legalized btc but the other are not just because maybe the government does not get any taxes came from btc.As we know our government always collecting taxes for each countrymen because we are earning profits and that is a one big reason.
Yes I agree with you. About bitcoin is legal or illegal, it depends on you being a citizen of what country and what you do with bitcoin, whether it is against the law or not. If it violates the law clearly it is illegal. Is there someone who has dual citizenship, where in one bitcoin state is legal, and illegal on the other side? it will be a unique case.
Well this is about nothing. The same thing can be said about cash. And anyway, anything, including plastic cards
bitcoin, the largest of crypto currencies, is not legal in any country at the moment. That's why it's so active already. but you'll see that btc will be legal all over the world.
In some countries bitcoin is not considered as payment gateway but it does not mean that it was illegal.They are strict on implementing rules and regulation regarding bitcoin.as we all know bitcoin can use in other illegal things that's why some countries ban bitcoin.For our country bitcoin is pretty much legal but you need to comply all the requirements if you want business with bitcoin.
It is a matter of who you ask and when. Right now there is a lot of controversy about the legalities of bitcoin, how it should be taxed and if it should or can be legal for gambling. Bitcoin legal it is depends on what country you live in.
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.
In my opinion Bitcoin is legal because there are no laws that says that it is illegal. The best move that a government can do is to regulate the exchange because it is where the can enforce laws if ever they want. It would also be beneficial to all the users if government would regulate exchanges because the can protect users from scams and frauds.Yes its true that bitcoin is legal or not is depending on where we live because not all country state that bitcoin is legal or not.
I dont agree if we say bitcoin is legal without know where we are because if you say bitcoin is legal but you stay in china of course is not true.
Bitcoin are not under controlled by any institutions or any nations therefore it cannot categorised as legal or illegal. We can say it illegal for any person who use them for illegal activity.
Apparently, but the anonymous nature of it's operation is a favorite for criminal activity, it's decentralized and completely new nature may have the authorities stumped for the moment.
Bitcoin is a new technology with great support from people all the world. Different countries have their laws, the issue of Bitcoin legality is dependent on your country and your Bitcoin related activities. There are countries where Bitcoin is considered legal, some countries are still debating about it while some countries considered it illegal.
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