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Topic: Is it legal to earn and hold bitcoin ? - page 4. (Read 5970 times)

sr. member
Activity: 406
Merit: 250
Exchange the BTC to your currency and use them.

For example in Russian Federation this operation might be a cause of penal persecution.
newbie
Activity: 55
Merit: 0
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. Exchange the BTC to your currency and use them.
sr. member
Activity: 406
Merit: 250
if you sell

You need pay I.V.A. and other taxes
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
Maybe it is counted as an illegal currency because it is not possible to tax all of it. As they are millions of transactions everyday not counting all the different wallet providers. It is unfair for your government as people would likely use btc to not be tax.

I think bitcoin can not be given any tax because bitcoin is anonymous so tertenti transactions of any person can not be seen or in track. so I think if bitcoin illegal because no taxes. then whenever bitcoin will become illegal? I think illegal is the word of the government. they could not do any restrictions on the use of bitcoin

what just not taxes and they can justify bitcoin into illegal activities, it's rational, in my opinions, the government is doubt about bitcoin because they know about the bitcoin system, and very difficult to control it. a various crime in there can make the government to think again about bitcoin.
legendary
Activity: 1330
Merit: 1019
in Italy it's legal, but like every country (i think) if you sell it for € you will need to declare it
Yup. It depends in your country, (or in america, state).
Most of the countries have don't consider bitcoins as something illegal but there are some that has banned bitcoins.
hero member
Activity: 532
Merit: 500
Maybe it is counted as an illegal currency because it is not possible to tax all of it. As they are millions of transactions everyday not counting all the different wallet providers. It is unfair for your government as people would likely use btc to not be tax.

I think bitcoin can not be given any tax because bitcoin is anonymous so tertenti transactions of any person can not be seen or in track. so I think if bitcoin illegal because no taxes. then whenever bitcoin will become illegal? I think illegal is the word of the government. they could not do any restrictions on the use of bitcoin
sr. member
Activity: 247
Merit: 250
in Italy it's legal, but like every country (i think) if you sell it for € you will need to declare it
hero member
Activity: 3094
Merit: 537
Leading Crypto Sports Betting & Casino Platform
Bitcoin not being accepted in your country does not mean it's illegal.
Your country may not just acknowledge its significance yet.
As long as there is no law against using it, you're good.
I think there is no legal or illegal in bitcoin although the government or the country prohibits the use bitcoin. they will not be able to do anything to you. so basically they can not perform any intervention so you're free to use bitcoin, earning or spending bitcoin

lol these men are joking,if you're a citizen of a country then your country make a rules against the thing and consider it as illegal,you'll be forced to obey the rules,the government don't care which kind of creatures you're ,and you still being forced,if you just don't give a shit about the rules and keep breaking it,well you can do it but you'll also taking the risk
hero member
Activity: 490
Merit: 500
Bitcoin not being accepted in your country does not mean it's illegal.
Your country may not just acknowledge its significance yet.
As long as there is no law against using it, you're good.
I think there is no legal or illegal in bitcoin although the government or the country prohibits the use bitcoin. they will not be able to do anything to you. so basically they can not perform any intervention so you're free to use bitcoin, earning or spending bitcoin
hero member
Activity: 966
Merit: 517
Of course, it is okay to earn and hold bitcoins till the price goes higher, then you can sell.
I think they ask is is it legal or not? I think it's easy to collect bitcoin. but that is expected by many people is legalization?
but I do not need it?
well first of all it isnt easy to collect bitcoins to be honest unless you talk about the dust amounts of bitcoin and i think that it is definitely legal to hold your bitcoins because there are no laws about it

I think it is much easy to collect bitcoins if you have some good skills, while for those, who do not have skills and only rely on faucets and other captcha sites, the collecting bitcoin is much harder and they daily spend hours for dust only, try to learn more things about earning online and get more and more skills about that methods, you will find that how much easy is to earn bitcoins.
full member
Activity: 196
Merit: 100
If you really want to use Bitcoin and you don't care about your country rules, well just leave your country and move somewhere else. You have to make your own decision!
can you point out the place or country where bitcoin is legalize. so that i can move there and to hold bitcoin. i think still still no a single country has ye legalize bitcoin. but some countries have a strong response about bitcoin and some are passive. they have not yet  banned bitocin nor legalize it. so what should i do in such condition.
hero member
Activity: 1806
Merit: 672
Maybe it is counted as an illegal currency because it is not possible to tax all of it. As they are millions of transactions everyday not counting all the different wallet providers. It is unfair for your government as people would likely use btc to not be tax.
hero member
Activity: 574
Merit: 500
i suggest you just bypassing the law,there is no sense in doing btc illegal,it is a great thing.
Just be careful,use vpn,tor etc,and they won't find out that u use bitcoin's for payment's,investments or something else Smiley
full member
Activity: 238
Merit: 100
You can always use, hold Bitcoins regardless your government law, simply because Bitcoin is anonymous and you can earn and exchange Bitcoins easily without providing the personal infos or data.
Exactly. Even when you exchange btc to your currency, the account detail you provide is not stored with BTC. The traders may store it for future transactions. Its very safe and secured. Exchanging is not an illegal work.
full member
Activity: 238
Merit: 100
no one can judge you if you want to buy and hold you bitcoin so it is legal you money you can do what ever you want after all that belong to you.
government can,if the government just state bitcoin as illegal and already regulating it,and you're still under government rules and being forced to obey it,they can catch you if you were been known using bitcoin,just be realistic,justifying yourself won't help anything if you're facing government
We do not use BTC in our country. But what i feel is earning btc, exchanging it into my currency and use them for my expense in not an offense right. I use btc in this way for my expense.
legendary
Activity: 1022
Merit: 1003
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If you really want to use Bitcoin and you don't care about your country rules, well just leave your country and move somewhere else. You have to make your own decision!
hero member
Activity: 672
Merit: 500
You can always use, hold Bitcoins regardless your government law, simply because Bitcoin is anonymous and you can earn and exchange Bitcoins easily without providing the personal infos or data.
legendary
Activity: 3052
Merit: 1281
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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 !

If its illegal, holding them will still be illegal. But as long as you are not caught then its up to you. If your country has monitoring technology then you should stop. But if they are not strict and your problem is that you cannot cash out due to its illegal nature then its better for you to keep it. IF you are going to abroad to have a vacation you can convert it to cash and spend a happy vacation.

Pretty much I agree.  Follow your countries law. Be an abiding citizen and don't face the consequences.  Or you can leave your bitcoin in some online wallet where the server isn't located in your country and save your bitcoin there. Don't you ever dare to withdraw it coz it will be a crime LOL.  Just buy items in online store not located in your country. I think that way your safe. Cheesy
sr. member
Activity: 490
Merit: 250
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 !

If your country banned bitcoin, then IMO it's illegal to have bitcoin or even do transaction. If you have bitcoin you can be considered as criminal as bitcoin is banned.
Although bitcoin is anonymous, you should be careful if you want to have bitcoin.
TGD
hero member
Activity: 1288
Merit: 620
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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 !
You dont need to leave bitcoin just earn bitcoin secretly I hope soon bitcoin will be accepted in your country do it legal. They will not know that you earn bitcoin so don't be scared .
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