is bitcoin legal??? - page 23. | Bitcointalksearch.org

popolite11

sr. member

Activity: 882

Merit: 250

Quote from: Rayver26 on March 19, 2018, 05:53:07 AM

For me it is legal. Because now you can use bitcoin for transactions, buying things online and sending money to love ones. Although some countries did not allow since they have their own crypto currency. And it is very popular now and many peope are using it.

Depending on the country, of course. In most countries BTC hasn’t been fully included to legal framework and all regulatory schemes, but still it is legal. Or just not regulated - but that does not mean illegal, does it?

MaryConwell

newbie

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Some countries of late have banned bitcoin in light that it could lead to money laundering. However, a majority of laws don’t necessarily pertain to cryptocurrencies by its very definition and if you aren’t breaking the law, it isn’t illegal.

Onur_luna

newbie

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There is a reason why you should not be legal. the shopping mall will come alive and only be used by BTC. Cool

btcefeyigit39

newbie

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This is actually the case because of all the current troubles. the government can not make new arrangements in the crypto money market, this market is illegal.

ViceKing

newbie

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yes, it is real bitcoin is legal. I believe most of us really not care about legal or not, as long profitable they will take the chance..This affects all cryptocurrencies, but especially bitcoin, given its market leadership and integration into the global startup ecosystem.bitcoin is godfather. Roll Eyes

lance04

full member

Activity: 462

Merit: 112

Yes, that is right the company and management of bitcoin is legal company because they have comply in the requirements that imposed by the national government.
Therefore they have a license to operate which all transactions, negotiations and partnership or collaboration they have are bless by the government.

GreedIsNotBad

newbie

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Quote

is bitcoin legal???

To know for sure, go to the police and tell them you own some bitcoin. If it is illegal they will put charges and if it is not the won't. This way you will know 100% if it legal or not in your region.

Rayver26

newbie

Activity: 266

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For me it is legal. Because now you can use bitcoin for transactions, buying things online and sending money to love ones. Although some countries did not allow since they have their own crypto currency. And it is very popular now and many peope are using it.

yomarve

jr. member

Activity: 196

Merit: 6

https://cryptotvplus.com

The existing regulations in each individual countries will determine the legality of bitcoin. Some states hasn't banned it but they do issue warning to protect their citizens. These warnings I think we're as a result of the significant increase in Ponzis in 2017.

mia khalifa

full member

Activity: 476

Merit: 100

Quote from: Phebz on February 07, 2018, 11:49:12 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.

of course bitcoin is very legal because it has been proven in a country that has a very advanced financial condition bitcoin has become a legal means of payment and can be used to buy anything for example america, china and japan have received bitcoin for its payment method.

gabum19

jr. member

Activity: 224

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It is legal for other countries. It depends on the levels of goverment and by the law. It also depends of the citizen if they respects it the way we want it.

arunakiran

jr. member

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I think it depends on which country you are in. Most of the countries till now not legalized to trade cryptocurrencies. Even any country not officially announced it is legal to trade.

katixrecamara

newbie

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Quote from: Phebz on February 07, 2018, 11:49:12 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.

bitcoin is accepted and recognized on different levels in each country globally.
Many have legalized it, others have accepted and regulated it, taxation imposed. Others have just started taking steps in regulating it, while others were only recognized on a citizen level but not by government.
Other governments have banned bitcoin before, but have now welcomed it.
check this link https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp

cp3mc

newbie

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Bitcoin is legal and it's should be legalized in every country to make payment and service very switchable to avoid long cue and traffic in banking.

dalesotpi

newbie

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Yeps! Bitcoin is accepted at different levels in each country. Others only citizens knew of it and uses it and government did not recognize it, other countries regulations have not been imposed and so is taxation, others have banned it totally, while others have legalized its existence.
And so in many countries bitcoin can be used as payment for buying stuffs.

Rlyn

member

Activity: 203

Merit: 10

well i think some country legalize the bitcoin because nowadays bitcoin is used mostly in paying bills. but some country doesn't recognized yet the presence of bitcoin so surely it is not yet legal around the world

serkhio

member

Activity: 154

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It depends on the government. But now no government acknowledged it nor banned it. Later the bitcoin may become the currency like US dollor but also likely to be zero.

WorkingDead84

newbie

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It is legal only in the countries that allowed it to be legal, I mean such as France, Germany, Israel, Italy, Japan, South Korea, etc. But many others banned the bitcoin without a good reason for this...

Jcag07

newbie

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Quote from: feelideb on February 08, 2018, 04:13:06 AM

If there is consensus on a particular asset as a mean of payment by large group of people spread across a country and the world such asset like bitcoin become legal for those that uses it. Bitcoin is a legal and the government all over the world knows it.

There are some countries that bitcoin is a legal currency but in the philippines bitcoin is not totally legal because our government doesnt even know about this. But when the time comes that they know about bitcoin, they might put tax on it.

evader11

full member

Activity: 434

Merit: 100

Hexhash.xyz

In my country in the philippines where i live bitcoin is not legalized. We know that every country have a different policy in terms of rules and regulation. I believe that it will become a legal in the right need. They just need time talk and to do about bitcoin. Just wait the announcement and stay tuned about it.

Topic: is bitcoin legal??? - page 23. (Read 3030 times)