Legal and illegal. Who makes laws and how makes laws ? Anybody knows.
I am living in democratic country so may be my views might different.
As if people are accepting then why not government accept it. As election took by voting same as there should be voting for bitcoin acceptance and then we shall calculate results.
Topic: Is it legal to earn and hold bitcoin ? - page 2. (Read 5913 times)
it would be legal if you search for it. if you steal course it is illegal, but if you hold bitcoin you have, of course, it's not illegal. how could it be illegal if you store the items you save. other than that bitcoin is not something that is illegal, so it is legal as long as you do not use it for anything illegal
Considering the current legal status of my country with regards to Bitcoin, it is legal for me to earn and hold Bitcoin, considering that I pay the income taxes for the income earned via Bitcoins. I guess the Reserve Bank here had some skeptical notions against Bitcoin usage, but certain law firms have released documents that ensure its legality.
It is the same here in my country. Bitcoin is currently legal but not regulated by the government. Although the site where we are buying and selling bitcoin somehow follow the government law and applying it to their customer by asking our identities or else we are limited only to around 43 usd - 45 usd withdrawal per day.
Considering the current legal status of my country with regards to Bitcoin, it is legal for me to earn and hold Bitcoin, considering that I pay the income taxes for the income earned via Bitcoins. I guess the Reserve Bank here had some skeptical notions against Bitcoin usage, but certain law firms have released documents that ensure its legality.
For OP, yes, it is legal to earn and hold Bitcoin in most countries, however I'm not sure whether or not it is legal in your specific country. Some countries don't allow for Bitcoin to move value out of the country (Iceland is one notable example) but they allow for Bitcoin to exist within its borders, with some restrictions.
Earn, hold and exchange the BTC to your currency and send that to your bank account you have in your country. A lot can be done. Using BTC alone can be illegal. But using your own currency is not. Exchange the BTC to your currency and use them.
I can't think of any instances where the user of Bitcoin at its core is illegal, but I guess it could be a thing.
Earn, hold and exchange the BTC to your currency and send that to your bank account you have in your country. A lot can be done. Using BTC is not an illegal act as like other currencies. Exchange the BTC to your currency and use them.
As long as they dont know that you are holding and earning a bitcoin you dont even need to worry about it , you'll be alright then because I think they don't care to some people that is secretly owning a bitcoin and also they don't even notice if you are doing it unless they have monitored your computer, or your phone and your online activities .
I think, even if those countries do not know OP deviate bitcoin it was still wrong. Because we as citizens must comply with the rules that apply in our country. Moreover, when the country already has laws governing the restrictions on the use bitcoin. Although holding bitcoin is not illegal but according to state regulations in OP country it becomes illegal, friend. So inevitably OP should stop using bitcoin
Apparently, it depends on where you live. Some countries, like North Korea and Russia, aren't so friendly towards Bitcoin. It certainly would be illegal to hold Bitcoin in one of these jurisdictions, under certain circumstances.
It may be true, but I see north korea and Russia does not have a policy that describes the user bitcoin, just that all countries in the world have yet to know closer about bitcoin. So all users of bitcoin anywhere using bitcoin illegal manner, for all countries in the world is not yet legalized bitcoin
As i am from country where bitcoin is stated to be a illegal currency so, its ok to earn form small services and signature campaign here and hold my bitcoins ?
I need some suggestions ?
I love bitcoin and i can't leave it !
I need some suggestions ?
I love bitcoin and i can't leave it !
If your country says that bitcoin or any cryptocurrency are illegal, then you should be careful when do bitcoin-related activities.
Who knows if they track you if you use unsecured connection or declare that you use bitcoin at social media.
I think secured internet connection with VPN or Tor should help it.
In my country, it is neither legal nor illegal and hence it's OK to earn or hold bitcoins. If it's illegal in any country, better exchange the btc earned into local currency and use them for the expense. the government is not going to say anything for using the local currency.
I think some countries have given a straight forward statement about bitcoin some countries diclier it as a legal currency and now working of it to regulate it. while some countries have delear it as illegal currency and they have banned it in their countries. while some countries has yet not given any statement about bitcoin. so those countries who have banned it and consider it as illegal currency then it is illegal to use or hold bitcoin there and those who delea it legal so there it is legal to use or hold bitcoin. I think it is still legal there where the govt has yet not given any statement about bitcoin to hold or use bitcoin.
As of now no restriction has come from my government so far. I would say it is because of lack of awareness. I think rarely few would know about btc and the users are very less compared to other countries. i wish btc should get spread in my country. More would become wealthy and the country would be at its class.
Apparently, it depends on where you live. Some countries, like North Korea and Russia, aren't so friendly towards Bitcoin. It certainly would be illegal to hold Bitcoin in one of these jurisdictions, under certain circumstances.
Yes its legal here in our country but if you used it in gambling its illegal. But if want it to eatn and hold there is no problem with that. Earn want you want to earn and holding it without worry. So do that nothing to worry because bitcoin is popular in whole world.
I think the legality or the rule on bitcoin will not be so important. because although it banned bitcoin. you can still use bitcoin 
I think some countries have given a straight forward statement about bitcoin some countries diclier it as a legal currency and now working of it to regulate it. while some countries have delear it as illegal currency and they have banned it in their countries. while some countries has yet not given any statement about bitcoin. so those countries who have banned it and consider it as illegal currency then it is illegal to use or hold bitcoin there and those who delea it legal so there it is legal to use or hold bitcoin. I think it is still legal there where the govt has yet not given any statement about bitcoin to hold or use bitcoin.
I think it is legal because we do pay fees when sending bitcoin to another wallet then the fees goes to the maintenance and also they bought the equipments with tax on it so all goes fair. Some say it is illegal because no one regulates it and they have some point on it but who cares as long as my conscience says I'm doing good and not involving with some blackmarket I still use bitcoin 
As i am from country where bitcoin is stated to be a illegal currency so, its ok to earn form small services and signature campaign here and hold my bitcoins ?
I need some suggestions ?
I love bitcoin and i can't leave it !
I need some suggestions ?
I love bitcoin and i can't leave it !
Where you from?
I don't think bitcoin is illegal currency, may be your government not accept it and your country not use the bitcoin in official lever. So it don't mean that you say that bitcoin is illegal currency.
It is online currency, and most of the countries not accept it but instead of this people are using the bitcoin and invest in it.
He's not saying bitcoin is illegal generally. he's talking only about his country. you may don't know but some countries, govt and banks don't like bitcoin much and want that bitcoin should not be used in their county and their peoples.
so OP's simply mean that bitcoin is illegal in his country. but I think OP can still use bitcoin because govt can't really control bitcoin. and can't stop you to use bitcoin.
In OP's case, I would just take the necessary precautions to make sure that your ISP can't see that you're involved with Bitcoin.
Use a VPN to be on the safe side and if you want to 'withdraw' your Bitcoins, just do it via a Bitcoin debit card.
As i am from country where bitcoin is stated to be a illegal currency so, its ok to earn form small services and signature campaign here and hold my bitcoins ?
I need some suggestions ?
I love bitcoin and i can't leave it !
I need some suggestions ?
I love bitcoin and i can't leave it !
Where you from?
I don't think bitcoin is illegal currency, may be your government not accept it and your country not use the bitcoin in official lever. So it don't mean that you say that bitcoin is illegal currency.
It is online currency, and most of the countries not accept it but instead of this people are using the bitcoin and invest in it.
He's not saying bitcoin is illegal generally. he's talking only about his country. you may don't know but some countries, govt and banks don't like bitcoin much and want that bitcoin should not be used in their county and their peoples.
so OP's simply mean that bitcoin is illegal in his country. but I think OP can still use bitcoin because govt can't really control bitcoin. and can't stop you to use bitcoin.
yes it is legal. we can keep as much as bitcoins in our personal wallets just keep your private key safe and no one will interfere in your work no government and no bank.but if you keep holding a lot of bitcoin like about 100Bitcoin for 10Years then it creates a type of market gap and it will effect the price too
Yes its legal here in our country but if you used it in gambling its illegal. But if want it to eatn and hold there is no problem with that. Earn want you want to earn and holding it without worry. So do that nothing to worry because bitcoin is popular in whole world.
I think the legality or the rule on bitcoin will not be so important. because although it banned bitcoin. you can still use bitcoin
Yes its legal here in our country but if you used it in gambling its illegal. But if want it to eatn and hold there is no problem with that. Earn want you want to earn and holding it without worry. So do that nothing to worry because bitcoin is popular in whole world.
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