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Topic: Is owning bitcoin a crime? - page 14. (Read 1984 times)

member
Activity: 140
Merit: 13
April 21, 2018, 04:16:31 PM
No, having bitcoin is not a crime, bitcoin is a crypto currency and having a currency is not a crime. I can not see in terms of what bitcoin is called a crime.
newbie
Activity: 83
Merit: 0
April 21, 2018, 04:16:06 PM
Gun kills bitcoin don't. There might be an idea around this post that they equate bitcoin with a hand gun. It is not just to say that a person had made a crime for possessing bitcoin.
member
Activity: 280
Merit: 15
BookiePro.Fun - The World's Betting Exchange
April 21, 2018, 03:22:47 PM
Why would we even consider owning Bitcoin as something illegal? Because it brings more freedom and anonymity. That's ridiculous. Some governments are doing their best to discourage people from buying and using Bitcoin but fortunately their efforts are vain. Young people understand why they should use cryptocurrencies. Let's hope that they will be adapted soon. Some countries have already banned Bitcoin and people still use it because it is impossible to track them.
newbie
Activity: 184
Merit: 0
April 21, 2018, 03:19:40 PM
Not sure, but that's not the purpose we're here for - in the crypto market. There is not any information available on that. But if bitcoin is used in a bad way, it will be unchanging in nature and character.
jr. member
Activity: 194
Merit: 2
April 21, 2018, 03:12:23 PM
No. Buying and selling has been made illegal in some countries but possessing one is not.
newbie
Activity: 112
Merit: 0
April 21, 2018, 03:03:44 PM
I don't think so. Who ever said it, he has no clue about bitcoin or any other crypto currency. Really? Like owming a gun? Even a gun can have a license to carry, bitcoin don't have a license to have. So having a money is a crime also 'coz bitcoin can be converted to money right?

I dont think holding or owning a btc can be compared to owning a gun or is committing a crime. BTC is a digital currency, it is money, so why is it a crime? Owning BTC is not a crime and  will never be a crime.
full member
Activity: 196
Merit: 100
Personal Text: Pre-sale - March 18
April 21, 2018, 02:58:11 PM
It depends on the law in your residency country. I don't think owning Bitcoin is a crime, at least for now.
member
Activity: 298
Merit: 11
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
April 21, 2018, 02:47:55 PM
I don't think so. Who ever said it, he has no clue about bitcoin or any other crypto currency. Really? Like owming a gun? Even a gun can have a license to carry, bitcoin don't have a license to have. So having a money is a crime also 'coz bitcoin can be converted to money right?
member
Activity: 224
Merit: 10
April 21, 2018, 02:40:33 PM
Holding BTC is no crime. It may be misconception among many people. It is assets and can be hold, only it's malicious use is crime. People are using BTC currency in illegal trading.
newbie
Activity: 196
Merit: 0
April 21, 2018, 02:37:36 PM
Well its not crime to hold bitcoin, Its like holding a foreign currency in your country, which I know is not a crime
member
Activity: 238
Merit: 10
dApps Development Automation Platform
April 19, 2018, 08:17:58 AM
Possesses bitcoin as well as holding a gun  Huh Smiley Huh
http://bitcoinnews.com/cryptocurrencies-gun-crime-canada/

No, although some countries prohibits or do not support doing transactions with it. There are no laws yet states that possesion of bitcoin is against the law, and I don't see it to be written anytime soon.

Because if they do, they are like stopping a river flow with paper barriers with bitcoin's innovation.
legendary
Activity: 1330
Merit: 1003
April 19, 2018, 08:10:26 AM
It's never a crime unless your government banned it and using it is prohibited. It's made to make our transactions convenient so there's really no legit reason that owning bitcoin is a crime.
Yea you're right. Unless there is some kind of punishment or penalty for the using, buying or selling of bitcoin then you are not committing a crime by owning bitcoin. Just because bitcoin hasn't been declared legal does not mean that it is illegal. Without a ban or prohibition being put in place then there is no problem with you owning or using bitcoins no matter how many.
full member
Activity: 532
Merit: 100
April 09, 2018, 04:03:59 AM
It's never a crime unless your government banned it and using it is prohibited. It's made to make our transactions convenient so there's really no legit reason that owning bitcoin is a crime.
hero member
Activity: 766
Merit: 509
April 08, 2018, 03:55:38 PM
LOL, why the hell would it be a crime?

Please, can you try to re-read what you are writing before posting? Came on guys, it is not so difficult to do so!

It would be a crime to do illegal activities with bitcoin, or with "money" everything that you do that is illegal is considered as a crime.
member
Activity: 80
Merit: 10
April 08, 2018, 03:47:21 PM
Owning bitcoin  can't be a crime.  Those some countries are against it because  they really  need time to study  how it works and the technology behind it. Since bitcoin doesn't pose threat in any way so it can't be crime
Exactly, owning Bitcoin can't be considered as a crime because it actually didn't effect to anyone else like drugs or weeds, it's harmless and it's totally useful.
But if you're holding Bitcoins in the country that put it in the prohibition so it's totally a crime because you're against your goverment and they will put you in jail because of that.

If you read the news then you are right, the G20 summit was held and it was said that the Crypto currency is not a monetary means, which means that it is not forbidden to own, print (get)
member
Activity: 330
Merit: 12
April 08, 2018, 03:45:01 PM
Owning bitcoin  can't be a crime.  Those some countries are against it because  they really  need time to study  how it works and the technology behind it. Since bitcoin doesn't pose threat in any way so it can't be crime
Exactly, owning Bitcoin can't be considered as a crime because it actually didn't effect to anyone else like drugs or weeds, it's harmless and it's totally useful.
But if you're holding Bitcoins in the country that put it in the prohibition so it's totally a crime because you're against your goverment and they will put you in jail because of that.
full member
Activity: 490
Merit: 110
April 08, 2018, 03:14:24 PM
Possesses bitcoin as well as holding a gun  Huh Smiley Huh
http://bitcoinnews.com/cryptocurrencies-gun-crime-canada/

it always vary to different countries due to different rules and regulations. maybe it is a big threat for them that is why they have strict policies regarding bitcoin. it is always depend on how you use it whether it is a gun or a bitcoin.
sr. member
Activity: 658
Merit: 253
April 08, 2018, 03:04:05 PM
It depends on the country you are a citizen of, depends on the government and their views and foresight in this area, but I believe that those who go the way of the ban will lose.
hero member
Activity: 743
Merit: 500
April 08, 2018, 02:43:49 PM
Owning bitcoin is not a crime and it is all yours you decide what to do with it, so you make choice if it is for term or short time invest.
having bitcoin also is some of the best thing that we can have for cause we are owning the thing that a lot of people here in crypto are wanted to have for so better to be more good of making decision when you have that for better to take this in a long term investment.
member
Activity: 285
Merit: 11
quarkchain.io
April 08, 2018, 02:38:06 PM
Owning bitcoin  can't be a crime.  Those some countries are against it because  they really  need time to study  how it works and the technology behind it. Since bitcoin doesn't pose threat in any way so it can't be crime
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