Topic: Is Bitcoin legal - page 10. (Read 1217 times)
then who made use of cash at the very first place, was it considered "illegal" too? that's the core question
You can use Bitcoin as a currency to pay for weapons, drugs, marijuana, human organs and other prohibited items. If you use Bitcoin, they do not need to go through intermediaries and do not worry the government can handle it. Or they can create virtual projects to legitimize their money.
I think yes bitcoin legal, because I dont head something about some laws prohibiting the use of bitcoin is some country or specific place that`s why I say bitcoin is legal.
In term of legality of bitcoin there no one can tell more about it. But the legality of it is depend on the acceptance and interpretation of one state or country. Bitcoin is legalized in Japan and there are rules and regulation about the used of it in this country. In some country bitcoin is totally not accepted and they didn't allow any transaction within.
sometimes I am also confused by the status of bitcoin, legal or illegal because the government in my country prohibits the use of bitcoin as payment but they also can not control and prohibit the use of bitcoin and circulation of bitcoin
Currently bitcoin is still in the speculation of pros and cons in various countries, but I think many citizens use bitcoin and bitcoin legal policy depending on each country, because so far many countries legalize bitcoin and some that do not legalize bitcoin
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.
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.
Bitcoin is legal because it helps people to get out of poverty but the only problem is the government that hindering people from investing on cryptocurrecy, banks also hate bitcoins because most of the people are preferring to place their money on cryptocurrency more than on banks.
Bitcoin is LEGAL when you use/spend it on good purpose, viceversa it will be ILLEGAL when you use it on things which makes Bitcoin ILLEGAL
it is legal i think. because we get bitcoin from our money. we buy it.
but the problem is, the regulations about bitcoin in some countries. some countries consider bitcoin is not a secure system.
but the problem is, the regulations about bitcoin in some countries. some countries consider bitcoin is not a secure system.
As of this moment , it's still legal. And I don't for how long after all the major social platforms have banned crypto ads.
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.
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.
Saying that bitcoin is used for illegal activities is not a reason to ban cryptocurrency because fiat can also be used for illegal activities but why they are not banning fiat ? , there are only people out there who cannot really take advantage of bitcoins and they are envy of other people who are earning cryptocurrency.
Again this has nothing to do with G20. When this picture in Blockchain of the young woman is really child porn, running a full node of Bitcoin is illegal NOW.
I dont no how we can proof
I dont no how we can proof
we have to see G20 conference held in July. Definitely China would not like cryptocurrencies, but i guess others would not promote, but hopefully at least not regulate.
From country member of G-20, 15 of them make crypto trading is legal. But several of them, bitcoin is illegal for payment but not for trading. Doing Illegal activities doesnt related with bitcoin, because its depend on holder using it
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.
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.
I am pretty sure that Bitcoin is legal in some place and also illegal at some. But eventually every people will start to use it someday.
While in Asia, the crypto-currencies are under close scrutiny, Europe is turning into a crypto-empire. The governments of Germany, Switzerland, Denmark, Sweden and the United Kingdom believe in crypto-currencies, realize their importance and, ultimately, their ability to revolutionize the financial system and the work of the authorities.
bitcoin legal policy depends on each country, because so far many countries that legalize bitcoin and some that do not legalize bitcoin. bitcoin is still in the speculation of pros and cons in various countries. but I think many citizens use bitcoin
Yep, it definitely depends on each country ,so we can’t consider it’s legal or illegal . We all know that bitcoin is created by computer technology ,and even it’s still growing and becoming more and more popular all around the world. It gives all people can get approach whover they are. In some countries, cyptocurrency is accepted and it’s considered legal currency ,but some it doesn’t accept and they seem take it as illegal currency because they are afraid of the big impact that crypto take to economy. In any way,bitcoin always keeps developing, and I think almost countries gradually accept bitcoin as legal.I think bitcoin is legal, it depends on which country you are using bitcoin, some countries do not honor bitcoin as legal, they think its a purely scam so they are not convince to use bitcoin and make it legal.
Bitcoin is in the raise of getting popular on more countries
So far i know it is not illegal nor legal. The governement in different countries have not been cleared on their stand on bitcoin. But the citizens are using it many government officials i think even are using bitcoin to hide their iIdentities and financial transactions. The function of cryptocurrency is very visible and rampant ..but so far there is no formalities has made in the mainstream media nor in politics. 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.
In government, bitcoin is not legal because they will never supported of crypto currency but to us that have a huge income of crypto this is legal.No matter happened we fight for crypto currency because this is the best way to make the crypto world would last until the end. 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.
Bitcoin Legality varies from country to country bitcoin legal or illegal depends on which country you are living in now. most of countries it is legal very few countries they banned bitcoin in my country btc and other crypto currency all are legal.
Of course it is legal. As long as you report your earnings and pay the appropriate taxes then you will have no problem.
There is no valid or strong enough reason for declaring bitcoin illegal for daily payments. There are many other ways people are involved in money laundering. So many renowned politicians were exposed for having offshore companies and other such businesses. People are even using cash, dollars etc. for illegal things, smuggling and all that jazz. So the legalization of bitcoin is not going to make things miserable at all. Jump to: