Topic: is bitcoin legal??? - page 3. (Read 2987 times)
A few countries are legal to define bitcoin, mainly small countries, which may be for the economic consideration of the country, because the introduction of the legal policy of bitcoin can move some encrypted currency exchanges to their countries, which will bring a lot of tax benefits.
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.
Well it all depends on the way the mindset of a person, my country is including a country that prohibits the bitcoin in making a means of payment. But they do not prohibit the existence of bitcoin. I think this they can not just forbid it because there are so many people feel very helped by bitcoin. And yeah, the possibility of the government is just scared people do not pay taxes, etc.
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.
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.
Different countries have laws about it and it will make the different conditions for it.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 the country. In my country, the government fully accepted and legalize bitcoin as currency. There are now many stores and businesses that are now accepting bitcoin as money.
every country have their own legality regarding cryptocurrencies only in Japan it is legal tender rest all country formed bitcoin legality only for the sake of collecting tax
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
Legal or not Bitcoin depends on where you live in which country. Currently, there are countries that legalize Bitcoin and there are also countries that prohibit the use of Bitcoin. I think Bitcoin is mostly used for positive things, but I am still confused as to why many countries are banning Bitcoin for money laundering/corruption. Bitcoin transactions can be traced in detail. It is the fear that causes a country to ban Bitcoin. While in fact Bitcoin is a very good digital currency and has the leading technology.
In general, most countries in the world have not yet expressed their position on the legitimacy of Bitcoin. Global regulators have not yet fully understood the emerging industry of cryptocurrency. This is also the main reason why many countries have not commented on the legitimacy of Bitcoin. Over time, some countries that are still waiting to see their changes may eventually determine their position and set rules that either endorse bitcoin use or declare bitcoin transactions illegal. The climbing Bitcoin popularity index continues to exceed expectations. However, not all countries view this cryptocurrency in a positive light
thats true and maybe they are still wondering how bitcoin works and why bitcoin is very volatile, but the good thing for some countries is they are not banning the transactions.
As far as some countries are concern i will say yes it is legal while some countries are sitting on the fence few countries have embraced it of which others will also accept it they don't seems to have a choice.
Though bitcoin is not fully supported by the BSP I could say that it still legal in our country. Because it is being allowed and continue to be use by many people.
Yes, bitcoin is not supported by the BSP but many people who invested and trusted on it. So for me its legal in our country though there are some countries that prohibited bitcoin but most of the country allows it. If people will always supported, trusting and invested bitcoin then bitcoin will have a strong foundation.
what countries have restrictions on using it? i mean, is it considered as an outlaw somewhere?
I know somewhere about five countries where crypto-currencies are outlawed, but this does not stop investors from feeling calm and taking them to Fiat through other countries, although the costs are great. But soon everyone will understand that the ban is useless and it is better to accept them than to forbid it. 
As far as some countries are concern i will say yes it is legal while some countries are sitting on the fence few countries have embraced it of which others will also accept it they don't seems to have a choice.
Though bitcoin is not fully supported by the BSP I could say that it still legal in our country. Because it is being allowed and continue to be use by many people.
In general, most countries in the world have not yet expressed their position on the legitimacy of Bitcoin. Global regulators have not yet fully understood the emerging industry of cryptocurrency. This is also the main reason why many countries have not commented on the legitimacy of Bitcoin. Over time, some countries that are still waiting to see their changes may eventually determine their position and set rules that either endorse bitcoin use or declare bitcoin transactions illegal. The climbing Bitcoin popularity index continues to exceed expectations. However, not all countries view this cryptocurrency in a positive light
yeah of course is it ! bitcoin is legal and I don't see any reason why they have to make it banned or illegal in some countries because the bitcoin is only doing good and ive benefit to us. maybe they banned or make it illegal in the some countries because they don't have enough power to control it. and maybe because it is untraceable
In general, most countries in the world have not yet expressed their position on the legitimacy of Bitcoin. Global regulators have not yet fully understood the emerging industry of cryptocurrency. This is also the main reason why many countries have not commented on the legitimacy of Bitcoin. Over time, some countries that are still waiting to see their changes may eventually determine their position and set rules that either endorse bitcoin use or declare bitcoin transactions illegal. The climbing Bitcoin popularity index continues to exceed expectations. However, not all countries view this cryptocurrency in a positive light
If we talk about the legitimacy of bitcoin it depends very much on which country we are. Some countries have legalized it, and some have banned it. Especially in my country, the government does not ban bitcoin or the Cryptocurrency, and it is illegal. That is, there is no legal requirement for bitcoin.
Yes bitcoin is legal unless your country will strictly prohibited bitcoin and ban the bitcoin.
Demographic is very complicated, for example in my country in southeast asia. the state rejects crypto currency because its transaction model is not centralized. but with the ripple coin it could be an option because of its centralized system model. even ripple for now has been working with several banks in several countries.
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, the state wants to make atk cryptocurrency to bring them profit,for this purpose, various taxes on krpitvoalyuty are introduced,I think this is inevitable
theres a lot of countries bitcoin is legal because of there technology to manage new currencies. and the other countries said that bitcoin is ilegal coz of there technology can not manage or to handdle the new currencies.
I see no reason to abandon the cryptocurrency to those countries where everything is safe and without it. But those countries that impose taxes on people and other delights of life - they really do not want to legalize cryptocurrencies.
Jump to: