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Topic: is bitcoin legal??? - page 19. (Read 3047 times)

newbie
Activity: 126
Merit: 0
April 05, 2018, 12:18:18 AM
It is true that bitcoin in Indonesia still can not legalize it, But we must think positive we should advance for the progress of bitcoin, for the brighter future
member
Activity: 627
Merit: 14
Crypto Article Sharer!!!
April 04, 2018, 10:33:05 PM
Of course, Bitcoin is legal but there are many person here who use this to do many illegal work.Actually,those person is harmful for our society as well as country.But Bitcoin is good for many reasons and also legal in its own way.People make this complicated by abusing this.
jr. member
Activity: 78
Merit: 1
April 04, 2018, 10:31:14 PM
In my personal view I would call bitcoin a legal thing. However, there are some countries that consider bitcoin as an illegal thing and there are some states also that free bitcoins are used. I think this is very dependent on ourselves, bitcoin is still in development and is currently still divided into two sides of legal and illegal
member
Activity: 224
Merit: 10
Streamity Decentralized cryptocurrency exchange
April 04, 2018, 10:21:12 PM
Bitcoin is legal, you are not tied to some criminal activities by using bitcoin, the governement is just taking you away from wrong investments and getting scammed because you cannot get anyone that has scammed you because of the privacy offered by crypto.
full member
Activity: 966
Merit: 102
April 04, 2018, 10:21:04 PM
bitcoin is currently in doubtful stage, because in any case there is a legalized country and does not legalize bitcoin. this becomes controversial because bitcoin prices will go up and down and can not stabilize.
jr. member
Activity: 154
Merit: 1
The P2P Marketplace For Digital Content
April 04, 2018, 10:17:11 PM
for some countries, it considered illegal. but i don't know what is the reason. for that.
what i know, bitcoin is a decentralized cryptocurrency. maybe because some peoples use bitcoin for bad intention.
member
Activity: 201
Merit: 10
April 04, 2018, 08:29:15 PM
In some countries, bitcoin is illegal since it is not a fiat money and not the official currency that a country uses.
full member
Activity: 195
Merit: 103
April 04, 2018, 07:59:15 PM
There are countries that banned bitcoin. But in our country bitcoin is accepted as payments and also you can withdraw in banks using bitcoin. Each country has its own regulation and law for bitcoin. Use bitcoin for good not for you own interest and addictions.
member
Activity: 294
Merit: 11
April 04, 2018, 07:51:28 PM
in general I think bitcoin can be accepted by various parties as a means of exchange or investment product because it is not harmful so I think that legality is only to how a country make its regulation and allow real bitcoin traded in the country
newbie
Activity: 112
Merit: 0
April 04, 2018, 07:20:03 PM
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 illegal bitcoin so it's still impossible to talk about legality, taxes and so on. but i enjoy all that there is a bit of profit in my bitcoin country yet been legalized so no deductions for taxes.
I agree with you about the advantages of bitcoin banned in a country, so it is not tax deductible, but we can not use bitcoin for shopping online.
newbie
Activity: 124
Merit: 0
April 04, 2018, 12:58:31 AM
Its not legal yet but they are not illegal. Bitcoin is free, stand on its own and not under controlled. We don't need bitcoin to be legal, you can see there is a lot of transaction has been done.
newbie
Activity: 19
Merit: 0
April 04, 2018, 12:44:33 AM
It depends on which country you're  living. Some countries it's legal, and some are blocking it. I'm  lucky that in my country it's legal.
newbie
Activity: 126
Merit: 0
April 04, 2018, 12:30:06 AM
In cyber bitcoin is legal. But in the real world it depends on which country. In China bitcoin has been banned by the government, meaning bitcoin is illegal in China. In my country, bitcoin and other crypto coins are still gray. There is no firm rule about it. But it does not seem to matter as long as it does not use bitcoin to shop (as a direct exchange tool, replacing the official currency of the state)
full member
Activity: 450
Merit: 101
April 04, 2018, 12:24:50 AM
The question is really very controversial. Since different countries have different laws. However, if at the next G20 summit they decide to regulate Btc together, there will be more clarity in this matter.
copper member
Activity: 16
Merit: 0
April 04, 2018, 12:16:51 AM
Yes.
newbie
Activity: 140
Merit: 0
April 04, 2018, 12:14:56 AM
Yeah bitcoin is legal since it is the top most leading cryptocurrency in the earth. Due to its value and risky transaction, some countries are referring bitcoin as illegal, banned and low trust issue.
newbie
Activity: 317
Merit: 0
April 04, 2018, 12:11:41 AM
maybe if it all does not restrict ownership and the workers cryptocurrency then I agree that we are not in the limit and only apply the law and taxes of ownership just how much.
full member
Activity: 658
Merit: 101
April 04, 2018, 12:07:09 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.
its true bitcoin not legal in every country and it depends on what country you are in. In indonesia its illegal to do transaction with bitcoin but we do still able to buy bitcoin freely. I think world wide regulation that would happen on june will make bitcoin legal cause there will be regulation and taxation. I believe this will make bitcoin and cryptocurrency legal
newbie
Activity: 29
Merit: 0
April 03, 2018, 11:58:21 PM
Depends on which country you are staying. Each country has its own regulation and law for bitcoin and other cyrptocurrencies.
newbie
Activity: 73
Merit: 0
April 03, 2018, 11:52:52 PM
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 illegal bitcoin so it's still impossible to talk about legality, taxes and so on. but i enjoy all that there is a bit of profit in my bitcoin country yet been legalized so no deductions for taxes.
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