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Topic: Is owning bitcoin a crime? - page 21. (Read 2048 times)

newbie
Activity: 194
Merit: 0
April 01, 2018, 09:36:09 AM
#96
It's not. You have no power about what people will do when you buy Bitcoin from them. A lot of banks are financing gun industries with money that comes from their investors, is that also a crime? No, of  course. It's just an ethical problem, you can't do anything, just relax and enjoy your coins
jr. member
Activity: 353
Merit: 4
April 01, 2018, 09:33:02 AM
#95
Possesses bitcoin as well as holding a gun  Huh Smiley Huh
http://bitcoinnews.com/cryptocurrencies-gun-crime-canada/

Bitcoin is the currency of crypto and bitcoin is not a medicine, so bitcoin ownership is not a crime. Bitcoin is like real money, and it's not true to say it's a crime.
sr. member
Activity: 518
Merit: 250
April 01, 2018, 09:26:10 AM
#94
Today in.my country, Indonesia; people can become btc owner. People and private entity, private organization or private company can do transaction using btc. People can invest in btc and join any kind of btc activities.The central bank as monetary authority only declared that bitcoin was not a legal payment instrument. People must be responsible themselves upon all risks that may incurred in their involving in bitcoin.So it is not a crime.
newbie
Activity: 91
Merit: 0
April 01, 2018, 09:24:30 AM
#93
Possesses bitcoin as well as holding a gun  Huh Smiley Huh
http://bitcoinnews.com/cryptocurrencies-gun-crime-canada/

No, I think owning bitcoin is a currency trader. maybe
legendary
Activity: 1092
Merit: 1001
April 01, 2018, 09:22:43 AM
#92
If it was ilegal, don't you think that you would be on jail right now?

Please little boy, think before talking.

Anyway, if you sell drugs, or something ilegal, it is obvious that you are gonna be on jail if you use bitcoin for doing such things.

jr. member
Activity: 122
Merit: 1
The Pure Proof-of-Tansaction [POT]
April 01, 2018, 09:20:51 AM
#91
Owning bitcoin is not a crime, there is no any ordinance or law against it, But it is a crime when bitcoin user make use of it in illegal ways like scamming.
member
Activity: 196
Merit: 10
April 01, 2018, 09:15:02 AM
#90
The BTC in Japan and Korea is legal and protected by law, but the BTC in China is not recognized by the government.

full member
Activity: 560
Merit: 111
April 01, 2018, 09:02:08 AM
#89
Quote
   
Is owning bitcoin a crime?
   
Is owning some password a crime?
newbie
Activity: 240
Merit: 0
April 01, 2018, 08:59:53 AM
#88
Possesses bitcoin as well as holding a gun  Huh Smiley Huh
http://bitcoinnews.com/cryptocurrencies-gun-crime-canada/
Owning bitcoin is not a crime because it is not stated on the Law. But I agree that bitcoin can be used for money laundering. However, this also happened to fiat. Thus, this issue is not a new scenario. Even owning a gun isn't illegal as long as we comply what is required by the government and we used it in a proper way. So basically let's not blame it to Bitcoin, we should take responsibility in using these blessing and resources.
jr. member
Activity: 132
Merit: 1
April 01, 2018, 05:24:51 AM
#87
Is owning money a crime? Because money facilitates the trading of such illegal things, too. If/when Bitcoin is regulated in your country of residence and you are obligated by law to declare any possession of Bitcoin but you haven't done so, then owning Bitcoin might be illegal.

Completely agree. Cash and banks are also used by criminals and corrupt people. In fact, they must be having more money in banks that normal working people with jobs or small businesses. Will you stop touching cash as well. I was reading a thread here were a news was reported that some university is doing research and will reveal the source of coins in wallets of all people and how many have coins which are hacked. Waste of time in my opinion.
sr. member
Activity: 476
Merit: 250
April 01, 2018, 04:49:43 AM
#86
Possesses bitcoin as well as holding a gun  Huh Smiley Huh
http://bitcoinnews.com/cryptocurrencies-gun-crime-canada/
I think owning Bitcoin isn't a crime. because Bitcoin is payment tools isn't a drug.
crime or not of Bitcoin depends on the person who uses it.
member
Activity: 154
Merit: 10
April 01, 2018, 04:47:29 AM
#85
I dont think owning btc is a crime,Is owning your fruits of hard work is a crime?I dont think so,no has the right to compare my btc owning in a crime because I work hard to gain it sleepless nights and pateint in waiting are me tools to have my coins.So owning btc cant never be compared in a crime.For my own oppinion.
newbie
Activity: 102
Merit: 0
April 01, 2018, 04:11:01 AM
#84
No owning bitcoin is not a crime. You cannot get arrested for owning or using bitcoin. There is no law against it. You can rest easy.
full member
Activity: 373
Merit: 100
April 01, 2018, 03:52:54 AM
#83

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
You have a point. I think bitcoin is not illegal because it isn't against the law. It is also not for negative purposes or transaction. And it is open for all, for those who want to engage in this business.
full member
Activity: 434
Merit: 104
April 01, 2018, 03:47:02 AM
#82
No, because bitcoin has been made for everyone and every persons has a different personality I think it depends on a person how do they used their bitcoin but for sure some of the users want to earn money that's why they enter to the bitcoin world and the other used bitcoin for their evil doing like selling drugs, scamming people and etc. but owning bitcoin is not crime.
member
Activity: 196
Merit: 10
April 01, 2018, 03:37:21 AM
#81
Possesses bitcoin as well as holding a gun  Huh Smiley Huh
http://bitcoinnews.com/cryptocurrencies-gun-crime-canada/
big No bitcoin is not owning a gut bitcoin is owning a money for us and also bitcoin is a great crypto currency to give a chance in everyone life to be well and better.
jr. member
Activity: 168
Merit: 5
Now You Can Be The Bookmaker!
April 01, 2018, 03:34:59 AM
#80
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. What crime will occur if a person is just using the coins to buy something not even illegal online? I think there must be some big points for such a declaration.
full member
Activity: 430
Merit: 100
April 01, 2018, 03:28:20 AM
#79
Owning a bitcoin is not a crime. Are you using your bitcoin in an illegal way? I think not. Are you using bitcoin to take advantage to others or to scam? No. So how come it will be illegal, like using a no license gun. I use bitcoin for a long time and I don't see any bad about it. Please, stop this news.
newbie
Activity: 112
Merit: 0
April 01, 2018, 03:17:39 AM
#78
First of i am ask you owning money & owning gold is a crime? holding any digital currency its not be a crime. people are holding it for profit people always try to buy it in a reasonable price and try to save it for future.
jr. member
Activity: 182
Merit: 2
dApps Development Automation Platform
April 01, 2018, 01:04:22 AM
#77
Possesses bitcoin as well as holding a gun  Huh Smiley Huh
http://bitcoinnews.com/cryptocurrencies-gun-crime-canada/

Definitely no, even that of gun. If your gun has license, why would it be illegal. Even in Bitcoin, if you acquired it through your hardwork and your money, it is not illegal. Unless, your country banned bitcoin, which make your bitcoin illegal one.
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