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Topic: Is owning bitcoin a crime? - page 22. (Read 2048 times)

member
Activity: 756
Merit: 16
We All Can Make It
April 01, 2018, 01:00:40 AM
#76
Since the word Crime is subject to the law of a given territory/organization, so it can be a crime if holding it is considered so where an individual resides.
That's the simplified answer.
sr. member
Activity: 328
Merit: 250
April 01, 2018, 12:56:06 AM
#75
owning bitcoin is not a crime, the crime is if you using bitcoin to scamming people or use bitcoin to do a corruption, and something else that use bitcoin for criminal activity, if you have bitcoin and use it daily to send and receive the bitcoin or make a trading I think its not a crime at all, so use bitcoin wisely
If owning a gun is not a crime, then how can we consider that owning bitcoin is a crime. And if it is so, then why owning Dollar is not a crime which is also a currency. I think that those people who are owning bitcoin are the most lucky people specially those own are owing bitcoin for last few years.
sr. member
Activity: 2296
Merit: 315
SOL.BIOKRIPT.COM
April 01, 2018, 12:55:33 AM
#74
Possesses bitcoin as well as holding a gun  Huh Smiley Huh
http://bitcoinnews.com/cryptocurrencies-gun-crime-canada/


I'm really not interested in this kind of news, this news is constantly being repeated to create fear for all investors. crimes depending on his individual. wherever evil always exists in any form. without exception in crypto currency
newbie
Activity: 294
Merit: 0
April 01, 2018, 12:50:31 AM
#73
I don’t think that owning bitcoin is crime. The article is telling about that crimes are done by using cryptocurrencies. But there is no fault of cryptos own. Some people are using it in wrong way. But imposing some rules and laws, this kind of crimes can be eradicated.
member
Activity: 308
Merit: 21
April 01, 2018, 12:44:44 AM
#72
Possesses bitcoin as well as holding a gun  Huh Smiley Huh
http://bitcoinnews.com/cryptocurrencies-gun-crime-canada/

I don't think that owning a BTC can be compared to a gun possession. You can use BTC both for good and bad purpose just like you can use fiat currency for legal and illegal purpose.
member
Activity: 153
Merit: 10
April 01, 2018, 12:41:36 AM
#71
  It's pretty sad that anyone would put kidde fiddling on the blockchain.  It's even sadder if any governments would attempt to punish all the users of that blockchain for something they have no control over.
newbie
Activity: 154
Merit: 0
April 01, 2018, 12:40:34 AM
#70
It depends on the person for what purpose he used it . Because I don't think that owning bitcoin is a crime  any one can save it now people more concern about it because of its value . I am holding my bitcoin and i know it can return my investment .
newbie
Activity: 126
Merit: 0
April 01, 2018, 12:39:05 AM
#69
Possesses bitcoin as well as holding a gun  Huh Smiley Huh
http://bitcoinnews.com/cryptocurrencies-gun-crime-canada/
For me owning a bitcoin is not a crime it not your are robbery or doing a massacer to other people bitcoin is a work you don't even use guns to work for bitcoin
newbie
Activity: 154
Merit: 0
April 01, 2018, 12:30:08 AM
#68
I do not trust such articles to which you link. this is all one media company to discredit bitcoin

Owning of Bitcoin is to promote oneself to a new technology of currency world and to make people successful in life, if it is a crime I should getting bond and tied here to make me successful also.
newbie
Activity: 286
Merit: 0
April 01, 2018, 12:25:02 AM
#67
Bitcoin is not synonymous with crime, but it is true that many organizations and even governments try to associate crypto with criminalization.
full member
Activity: 616
Merit: 100
April 01, 2018, 12:20:55 AM
#66
owning bitcoin is not a crime, the crime is if you using bitcoin to scamming people or use bitcoin to do a corruption, and something else that use bitcoin for criminal activity, if you have bitcoin and use it daily to send and receive the bitcoin or make a trading I think its not a crime at all, so use bitcoin wisely
newbie
Activity: 224
Merit: 0
April 01, 2018, 12:20:45 AM
#65
It is extremely wrong.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.Overall it is not crime to hold BTC.
sr. member
Activity: 1120
Merit: 272
First 100% Liquid Stablecoin Backed by Gold
April 01, 2018, 12:17:55 AM
#64
Holding a gun? Why do bitcoins kill? Bitcoins are not illegal. Can be abroad because it is illegal and can be complied with. But in countries like the Philippines it is legal and you can freely use it
newbie
Activity: 126
Merit: 0
April 01, 2018, 12:13:26 AM
#63
Possesses bitcoin as well as holding a gun  Huh Smiley Huh
http://bitcoinnews.com/cryptocurrencies-gun-crime-canada/
How come that when you owning a bitcoin is a crime you don't even hurt or bother anyone around you
jr. member
Activity: 154
Merit: 1
The P2P Marketplace For Digital Content
March 31, 2018, 11:47:01 PM
#62
No, not at all. why owning bitcoin is related to crime ?
It is not that we got bitcoin from nowhere, we buy and invest bitcoin with our money, so it is legal.
bitcoin is a long term investment. everyone can earn profit from holding it long term.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
March 31, 2018, 09:23:13 PM
#61
and if we are only owning bitcoin it is not included in a crime because we don't use the bitcoin and only have in our wallet. and I think if we use bitcoin too, it is not a crime and I don't think that the government can check for every their citizen to know which people that have bitcoin in their home. it still far away from the government and they cannot detect who is owning bitcoin in their country.
newbie
Activity: 24
Merit: 0
March 31, 2018, 07:25:21 PM
#60
Someone who has bitcoin is not a crime,it all depends on the person,want to use criminal.want as a business,for example,have a bitcoin only as trading and payment instruments to buy something which is not breaking the law.
member
Activity: 387
Merit: 12
March 31, 2018, 07:24:34 PM
#59
Owing bitcoin is not a crime, Rather It is the matter of proud! But some countries where bitcoin is banned and illegal, I think there owing bitcoin is a crime like Bangladesh. In Bangladesh, if you trade bitcoin and if police would know then they will catch you!! So, owing bitcoin is also a crime in some countries.
hero member
Activity: 2716
Merit: 552
March 31, 2018, 07:16:33 PM
#58
Blackmarket and any other illegal transactions has already existed long before Bitcoin arrives.

Is Bitcoin making it more easier for the drug cartel and crminals to transact because of its anonymity feature?
Yes, these makes everything easy for them. But, the real question is, why did they made a lot of illegal transactions before with the use of fiat currency and traditional banking system when everything was traceable?
That's all because they're are big syndicates that could controls the Government, while the Government controls the economy.

Now, why are the government is putting the blame to cryptocurrency and laballed as a tool for future criminal activities?
Simple, its because government cannot control cryptocurrency specially Bitcoin, and criminals, drug cartels, and syndicates can move and do transactions directly on their own without the protection and help from the government.

If you come to think of it, it doesnt really make any difference.
 
member
Activity: 368
Merit: 18
March 31, 2018, 07:10:55 PM
#57
Possesses bitcoin as well as holding a gun  Huh Smiley Huh
http://bitcoinnews.com/cryptocurrencies-gun-crime-canada/

As long as it is not illegal in your country it is not a crime. Cryptocurrency is considered a monry since it has a value and it can be converted to fiat or used to pay products and services.
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