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Topic: Is owning bitcoin a crime? - page 15. (Read 1986 times)

full member
Activity: 294
Merit: 107
April 08, 2018, 02:32:50 PM
Owning Bitcoin is not considered as a crime, at least not yet. There are some countries which already banned using Bitcoin but they are not able if certain citizen owns Bitcoin. Buying Bitcoin there is much more difficult but if you want to invest large amount of money then you should be easily able to visit another country and buy Bitcoin there. This also applies if some major countries banned Bitcoin. How would they determine who is using it? VPN, Tor, mixing service provide quite good level of anonymity which will make it impossible to identify the suspect.
sr. member
Activity: 665
Merit: 250
April 08, 2018, 01:53:36 PM
Possesses bitcoin as well as holding a gun  Huh Smiley Huh
http://bitcoinnews.com/cryptocurrencies-gun-crime-canada/
if so bitcoin falling into the hands of people or groups that are negative or related to the crime of course very dangerous because we also know bitcoin can be accessed by anyone and any faction
member
Activity: 252
Merit: 17
April 08, 2018, 01:39:42 PM
Owning bitcoin is definitely not a crime and will never ever be a crime at all. How come that bitcoin will be a crime when bitcoin is not illegal. We all know that this will only be a crime if you are doing illegal things and yet we all know that bitcoin is legal. Yes some countries banned bitcoin in their country but they are not saying that it is illegal. They are just not allowing bitcoin to run in their countries but they not tag bitcoin or having a bitcoin as an illegal or doing crime.
full member
Activity: 378
Merit: 108
April 06, 2018, 06:51:58 PM
Possesses bitcoin as well as holding a gun  Huh Smiley Huh
http://bitcoinnews.com/cryptocurrencies-gun-crime-canada/

Bitcoin is not a drugs rather is bitcoin a bad thing, evening if bitcoin turn around to be something  ease today, to me I still look it as one of the best way so far in which poverty can be droving away from many country and family, e.g like me bitcoin has really helps my life so it pains me where people classify bitcoin scam or other word.
sr. member
Activity: 1372
Merit: 269
★Bitvest.io★ Play Plinko or Invest!
April 06, 2018, 06:33:44 PM
If the bitcoin is in your own wallet and you make an effort, time and capital just to have it then I don't that you did not commit any crime. But if we steal to others hand their bitcoin, we owning the bitcoin because of theft.
Bitcoin is made for a fast and easy legal transaction but as we can right now, many countries are banning bitcoin because people use it on illegal activities. People have unsatisfactory and greediness that push them to create inhuman activities. The reason behind the ban is not to protect the people from the bad effect that bitcoin may bring but the real reason for me is that, bitcoin will protect to the bad effects that people might bring to it.
sr. member
Activity: 1190
Merit: 250
COMBONetwork
April 06, 2018, 06:18:46 PM
I'm owning bitcoin I do not feel committing a crime as long as people who have bitcoins do not engage in suspicious activities such as illegally selling weapons by using cryptocurrency into their transactions. Those who use the cryptocurrency bitcoin to be their payments for various criminal actions are certainly wrong and have committed a crime.
member
Activity: 224
Merit: 10
April 06, 2018, 06:08:59 PM
Possesses bitcoin as well as holding a gun  Huh Smiley Huh
http://bitcoinnews.com/cryptocurrencies-gun-crime-canada/

Of course not, bitcoin is just a cryptocurrency and you do not need a license to have one. Bitcoin is an asset because you are working for it. There is no law that states that owning bitcoin is a crime.
sr. member
Activity: 574
Merit: 250
April 06, 2018, 06:05:33 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.
hero member
Activity: 826
Merit: 501
April 06, 2018, 07:58:22 AM

Owning BTC cannot be compared to owning a weapon, and guns can still be legally held for self protection. BTC isn't harmful to anyone and cant kill either, so holding it isn't as illegal
Are there any law that prohibits possession or use of bitcoin in your country? As far as I have research, there is none, and there is no single individual penalized in using , accepting or possessing of btc. Bitcoin is not harmful to anyone, remember that it is a currency, and what might be a crime is how and where you are going to use it, the same as for the traditional money.
member
Activity: 238
Merit: 10
April 06, 2018, 07:56:37 AM
I could never think that any currency can be called a crime, but it is used by everyone to whom it does not happen.
member
Activity: 308
Merit: 10
April 06, 2018, 07:47:37 AM
I think that everything is not very nice around the bitcoins then every currency can be carried by hackers or terrorists.
member
Activity: 329
Merit: 11
@japanesehighschoolgirl
April 06, 2018, 07:47:04 AM
At some point, why is having bitcoin called a crime. Bitcoin ownership is not a form of crime. It doesn't even harm any party. But as citizens of a country, we are subject to the prevailing principles of the state. There may be a country that does not allow bitcoin, to the extent that one shouldn't have it.
member
Activity: 252
Merit: 10
April 06, 2018, 07:39:56 AM
Bitcoin is not a weapon, although even if we take the fact that there are hackers who can harm us and our wallets, it is everywhere.
member
Activity: 151
Merit: 10
April 06, 2018, 07:36:22 AM
No, owning bitcoin it's not crime. But use bitoin to do some illegal activity is crime.
It is this principle that things are not good or bad. Only people have good or bad points. Illegal income is definitely not acceptable.
hero member
Activity: 1372
Merit: 503
April 06, 2018, 07:32:28 AM
Possesses bitcoin as well as holding a gun  Huh Smiley Huh
http://bitcoinnews.com/cryptocurrencies-gun-crime-canada/

Well if you are owning bitcoin in a country where bitcoin or any other form of cryptocurrency is banned or forbidden. I think then that would be a crime. However if not then you are not breaking any laws and you are just an ordinary citizen who would want or is a trader in the cryptocurrency market. However I still do think that we can still resolve all of this if we can be able to really ramp up our information drive and be able to remove the stigma surrounding the cryptocurrency market
member
Activity: 238
Merit: 10
April 06, 2018, 07:30:11 AM
 I believe that everyone who participates in bitcoin projects in investments is just an ordinary person who likes it, but it's the same in this world and it happens that even getting carried away and just living there could be found and people who will not benefit everyone for the benefit of society.
member
Activity: 266
Merit: 10
April 06, 2018, 07:22:11 AM
Well, it's too rude that this is scam, for me if you do not know about the block system and just call it a scam it's not to have experience with it.
jr. member
Activity: 123
Merit: 1
BLOCKCHAIN BASED REIT
April 06, 2018, 06:30:43 AM
No, owning bitcoin it's not crime. But use bitoin to do some illegal activity is crime.
member
Activity: 182
Merit: 10
April 06, 2018, 05:43:33 AM
Owning and holding bitcoin is not a crime because it is nothing illegal about it. Governments can ban it but this doesn't make it illegal
newbie
Activity: 93
Merit: 0
April 06, 2018, 05:32:59 AM
No its not a crime.
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