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Topic: is bitcoin legal??? - page 29. (Read 3047 times)

newbie
Activity: 84
Merit: 0
March 08, 2018, 02:29:21 PM
It is not banned at least. I think more governments will legislate it as the companies start accepting bitcoins as peyments. E.g. Far Eastern Air, Taiwan's Far Eastern Air, has announced the adoption of bitcoins as payment for tickets and other services
member
Activity: 434
Merit: 10
March 08, 2018, 02:16:13 PM
In some countries, bitcoin is legal. some countries are also reviewing regulations but have not been deemed illegal. we can still for investment but not for a day-to-day exchange like buying something with bitcoin, must be in the currency of the country
newbie
Activity: 46
Merit: 0
March 08, 2018, 02:11:34 PM
Legality of bitcoin depends on your location or your county. As we all know, there are many countries that banned bitcoin. You are lucky enough if it's not banned in your country.
newbie
Activity: 67
Merit: 0
March 08, 2018, 01:13:20 PM
bitcoin is already a reality and it is already legal all leading States have recognized it as a commodity other property
member
Activity: 364
Merit: 10
https://bvo.trybravo.com/
March 08, 2018, 01:08:56 PM
It is not yet regulated in many countries. The governments think how to get a control over bitcoin and how to squeeze taxes out of you.
full member
Activity: 462
Merit: 112
March 08, 2018, 01:05:24 PM
Yes bitcon is legal. Its just not regulated by the government because of its being volatile in the market but government knows about bitcoin.
They just let the programmers to build blockchain to form new cryptocurrency.
jr. member
Activity: 272
Merit: 1
"simply getting the job done"
March 06, 2018, 11:01:02 AM
If there is any other words that fits better than legal, I would have love to include it. Looking at what the ideas the coin seeks to launch into our mindsets, all I can hold on to all this years is that Blockchain technology as a whole only seeks to make life better and easier for everyone all. Why I think Btc and other altcoins are facing oppositions is because everything that will eventually turns out good will at the initial stages seems to not work out. But I know, this is something that everyone will embrace sooner or later.
full member
Activity: 392
Merit: 100
March 06, 2018, 10:52:38 AM
It's legal only in countries that allowed it to be legal, i mean thats like France, Germany, Israel, Italy, Japan, South Korea and etc, but many others banned bitcoin without good reason of that                  
newbie
Activity: 171
Merit: 0
March 05, 2018, 12:31:08 PM
In some countries bitcoin is considered a crypto currency as a payment system. In another, as a monetary unit. In Japan, bitcoin is a legitimate means of payment.
member
Activity: 532
Merit: 18
Bitcoin lover!
March 05, 2018, 12:30:37 PM
In most countries, there is a rule that everything that is not prohibited by law is allowed. Therefore, if bitcoin is not regulated by the state and not banned, then it is legal and it can be legally used. True, state and judicial bodies will treat the crypto-currency differently, given the absence of direct regulation.
full member
Activity: 254
Merit: 100
March 05, 2018, 12:27:42 PM
Some counties like China try to prohibit and reject cryptocurrencies. USA try to control this sector. Japan introduce high taxes. Russia and Ukraine thinking how introduce taxes or prohibit cryprocurrencies
member
Activity: 243
Merit: 10
March 05, 2018, 12:13:52 PM
In my opinion, bitcoin has not been open to legality in almost all countries
and each country has a different habit with bitcoin
they can not prohibit the existence of other bitcoins and cryptoes,
jr. member
Activity: 188
Merit: 2
★━ Z-POP DREAM ━★
March 05, 2018, 11:59:29 AM
bitcoin is already a currency , and each country is engaged in the problem of regulation of legislation , so cryptocurrency is a fact
member
Activity: 238
Merit: 10
“The Future of Security Tokens”
March 05, 2018, 11:56:41 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.

I don't see any reason for it to be non-legal. If banks and goverments can't force us to pay for what we get in crypto-sphere - it doesn't mean that is illegal. I think that's a prior right of human being to be free to use any kind of crypto-coins.
jr. member
Activity: 84
Merit: 4
Cryptocurrency Wallet - Denaro.io
March 05, 2018, 11:31:15 AM
Bitcoin is legal in many countries. I can say more. Most countries allow you to legally create a private currency. I can write 10 dollars on paper in marker and claim it as money. It will have no value but it's still technically money.

Doesn't they arrest you as a swindler if you claim anything for a piece of paper with $10 written on it? Bet they will.
newbie
Activity: 61
Merit: 0
March 05, 2018, 11:24:33 AM
So go on the street and make an statement, it is the Future ot everything, the cryptocurrencies i mean. If you want to be part ot that future and change something, so do it! A lot of people don't like Bitcoin because they don't understand it and don't know how to work with it, or could fail their business,  but if they think smart and try to understand it, could change their line of work for good.
member
Activity: 364
Merit: 10
March 05, 2018, 11:19:35 AM
Legality Bitcoin depends on the country in which you live. But, even if Germany recently recognized Bitcoin, then I think many countries also recognize it.
jr. member
Activity: 200
Merit: 1
March 05, 2018, 11:15:07 AM
The legality on Bitcoin and other crypto currencies depends on where you are and what you wish to do with it. Governments of the world over are trying to get to grips with its risks and rewards, playing the game between consumer protection, anti-criminal activity and encouraging innovation. The risks for Governments can vary, most emerging markets are either heavily anti or pro the use of digital currencies such as Bitcoin but in general western economies are using soft touch principle based regulation to encourage innovation.

In summary, bitcoin is not legal until the government of each country declare it to be.  However, with way things are going, many government of different countries will still join the existing ones to declare it legal.
copper member
Activity: 140
Merit: 0
March 05, 2018, 10:58:11 AM
Any way you can buy tokens by bitcoin. I bought utility tokens from Rd Lanterns ICO and  holding REDL in personal wallet https://wallet.red-lanterns.com/user/register/
member
Activity: 238
Merit: 10
“The Future of Security Tokens”
March 05, 2018, 10:14:43 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.
Bit coin maybe not legal as a tool of payment but bitcoin legal as an investment because many people would like to put their money on it. And then bitcoin as we know in korea,japan, and America bitcoin was legal because they take the taxes from the trading company.so legal or not legal its depends the government regulation on the country.
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