Topic: Is Bitcoin legal (Read 1217 times)
No, Bitcoin is not a criminal tool the criminal you said is on a person not on bitcoin because people nowadays use bitcoin to scam people and use to criminal act.
Bitcoins reside in a legal grey area within the United States. Many of the laws on the books that apply to currencies cannot apply to bitcoin, but there are questions as to whether it may be designated as a security, and hence could be regulated as such.
Yes. Bitcoin is legal. n Bitcoin is becoming very popular.
Is Bitcoin legal?
yes, because bitcoin is not gambling or money laundering is said by the government, bitcoin is an economic activity by selling and buying shares in the form of coins. so, bitcoin can be legal.
yes, because bitcoin is not gambling or money laundering is said by the government, bitcoin is an economic activity by selling and buying shares in the form of coins. so, bitcoin can be legal.
It's not illegal. it depends on how you use it. be responsible.
Yes, majority is using it for legal purposes only. All the transactions can be traced to your bank payments you do to the crypto exchange. Still some people like to associate bitcoins with negative things. Some of the people say that investing in Bitcoins is like gambling but this is not true. If you invest for the long term like say 1 year, you will never be in loss. You can observe this trend for last 8 years. However, some people panic when price drops and thus sell in loss.
Yes of course it is legal because the bitcoin bitcoin is now recognized in the world but it's just that a lot of people who want to drop there are so few countries bitcoin banning bitcoin.
It's not illegal. it depends on how you use it. be responsible.
To the best of my knowledge, Bitcoin has not been made illegal by legislation in most jurisdictions. However, some jurisdictions (such as Argentina and Russia) severely restrict or ban foreign currencies. Other jurisdictions (such as Thailand) may limit the licensing of certain entities such as Bitcoin exchanges.
Regulators from various jurisdictions are taking steps to provide individuals and businesses with rules on how to integrate this new technology with the formal, regulated financial system.
But have you come to think of it... Whether Bitcoin can be used for illegal Activities...
What are some ways you think it can be used for? (illegal Activities) mention some.
it could also be the possibility of bitcoin being used for illegal activities because bitcoin is accessible to anyone anytime and anywhere so we also can not figure out what bitcoin to use, it all depends on the investor the purpose of investing it for what Regulators from various jurisdictions are taking steps to provide individuals and businesses with rules on how to integrate this new technology with the formal, regulated financial system.
But have you come to think of it... Whether Bitcoin can be used for illegal Activities...
What are some ways you think it can be used for? (illegal Activities) mention some.
In my own opinion,bitcoin is not illegal because no one commit if bitcoin of being illegal cause its transaction is plainly legal.It is not engage in prostitution,drugs and other activities or misuse activities.It is also accpeted in many orher country.
As a whole, YES bitcoin is legal. It's not illegal to own in any 1st world country, as something that could get you tossed in jail.
While there are some countries where btc is illegal, to say it is illegal overall would be a slight exaggeration.
While there are some countries where btc is illegal, to say it is illegal overall would be a slight exaggeration.
Bitcoin is legal in many country not in whole world because in other country the suspicions of the goverment bitcoin is a scam.
It seems like a lot of Illegal activities that can use Bitcoin as its transaction tool, such as Drug and Drug Selling, Online Gambling, Prostitution activities and others. and this will be very detrimental, because if this happens it will make the public trust of Bitcoin to be reduced, because the good name bitcoin to be Bad !!
For me it is definitely legal why? Because is a good source of income. I can help my family for our daily lifestyle needed. And i think few countries like
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.bolivia
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.bangladesh
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Because the government disagree
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.bolivia
.kyrgyzstan
.bangladesh
.ecuador
Because the government disagree
I think legal bitcoin. because it is all accepted by the country and paid for bitcoin. Many companies, large corporations invest in bitcoin. Bitcoin helps people get jobs. bitcoin impact on the developed world currency system. so legal bitcoin.
Definitely yes! Just that it has not been accepted in some countries and that does not make it illegal. So, IT IS LEGAL!
Yes bitcoin is legal but in some country they says that bitcoin is illegal because they don't accept crypto. The government treat bitcoin illegaly because they want to own and they want to manage bitcoin.
Many individuals are concerned about the legalities of Bitcoin, however, it is currently legal in all 52 states in the United States of America, although each state has their own policies.
legal for whom? I think that the government does not know what to do with it because they do not know what to bring it to!
Bitcoin is definitely something legal, but like all things it can be to commit non-legal actions. This is one of the reasons why it is not accepted by many countries.
Bitcoin in our county is not ellegal. Some of the bank here is accepting bitcoin. And they have a company that can convert your bitcoins into fiat money.
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