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Topic: Is owning bitcoin a crime? - page 25. (Read 2025 times)

member
Activity: 238
Merit: 11
March 30, 2018, 05:37:39 AM
#16
Having a lot of money is not a crime. It all depends on how they are earned and for what purpose they are directed.A person who does not have a gun can be a criminal and without it, For example, be a drug dealer or a thief. In some cases, bitcoin can be an instrument in the hands of criminals. But I believe that bitcoin should carry a peaceful mission. And most people have good intentions.
legendary
Activity: 3080
Merit: 1500
March 30, 2018, 05:37:21 AM
#15
Owning bitcoin or any other cryptos is not a crime in Canada. The Canadian government is just worried for the black market trade that is happening through dark web where the medium of payment is crypto currency. That's where the problem is. Even we can't deny the fact that crypto currency is an ideal medium of payment for such illegal trades. That's where the gap exists. Neither the Canadian government nor this article mentioned that owning crypto currency is illegal in Canada. It's the usage of crypto currency to facilitate such illegal trades through dark web. The existence of dark web is the problem for them and it is true for the majority of the countries nowadays. But this gap can be bridged through proper training to the investigating officers. Blindly saying crypto currency is illegal, is not what the article means. So stop panicking!
legendary
Activity: 3248
Merit: 1179
March 30, 2018, 05:36:01 AM
#14
It would mean that this forum is full with hardcore criminals. Thymos would be some like godfather Don Corleone, with all his lieutenants and soldiers, If you wish to join the clan you need to pass  initiation, like to hack some bank or old lady and then you will be able to join us here. What kind of thread this newbies post is sometimes ridiculous. Sometimes I don`t should I laugh or cry, but somethings will never change I guess, they keep coming and there is no cure for that.
copper member
Activity: 364
Merit: 0
March 30, 2018, 05:32:01 AM
#13
Possesses bitcoin as well as holding a gun  Huh Smiley Huh
http://bitcoinnews.com/cryptocurrencies-gun-crime-canada/
Owning bitcoin is not a crime, the crime there occurs when you buy something illegal using bitcoin. The problem here if someone will set up a black market for his contraband and accepts digital currency as payment but i think it is traceable. Not good for illegal activities if this digital currency is traceable.
member
Activity: 126
Merit: 10
March 30, 2018, 05:23:31 AM
#12
I do not trust such articles to which you link. this is all one media company to discredit bitcoin
sr. member
Activity: 630
Merit: 251
March 30, 2018, 05:30:06 AM
#12
Possesses bitcoin as well as holding a gun  Huh Smiley Huh
http://bitcoinnews.com/cryptocurrencies-gun-crime-canada/
Wow, Canada is really making actions do apprehend the criminals and protect the people from crimes. Owning bitcoin is not a crime if you only use it for legal purposes. I can't believe we humans always make a way to make things worst. These people in the deep web abuses technology and only use it for their selfish and dangerous actions. Its up to us whether we use bitcoin for the greater good or the evil.
member
Activity: 266
Merit: 10
March 30, 2018, 05:22:41 AM
#11
haha what the hell is this question?? are you serious? bitcoin is not a crime because you are not committing on any crime in trading even in the bounty task
jr. member
Activity: 180
Merit: 4
March 30, 2018, 05:22:32 AM
#10
Owning bitcoin was a crime? It depend
Depend from where you get that bitcoin, if you get if from sell drugs, gun or something that restricted ofcourse that was a crime you involved with that transaction
But if you only use bitcoin for you to make you rich thats not crime

Agreed. It depends on the person holding a bitcoin. Wether he/she will use it in an illegal transaction. But it doesn't mean that if bitcoin is used for illegal purposes, holding a bitcoin is a crime.
member
Activity: 336
Merit: 10
March 30, 2018, 05:16:30 AM
#9
Owning bitcoin was a crime? It depend
Depend from where you get that bitcoin, if you get if from sell drugs, gun or something that restricted ofcourse that was a crime you involved with that transaction
But if you only use bitcoin for you to make you rich thats not crime
full member
Activity: 1106
Merit: 166
★777Coin.com★ Fun BTC Casino!
March 30, 2018, 05:05:16 AM
#8

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

Yes it is not a crime by owning a bitcoin so I think bitcoin cannot be used as illegal money  ir is only the new of or new method of payment so I think bitcoin has not been used as illegal or holding bitcoins is not illegal .
newbie
Activity: 130
Merit: 0
March 30, 2018, 04:59:48 AM
#7
 
Owning BTC is not a crime at all. in some countries BTC has been banned and is considered illegal while in others its legalized, so it entirely depends on which country one is,
sr. member
Activity: 357
Merit: 250
March 30, 2018, 04:45:01 AM
#6
How can holding a digital currency be a crime !?
NO it's obviously not a crime .
Though it's anonymous and many nations kinda restrict and don't want their public to interact with bitcoins and other crypto currencies directly , holding it wouldn't be considered a crime.
newbie
Activity: 90
Merit: 0
March 30, 2018, 04:42:01 AM
#5
Not where I am from. There is no penalty or punishment for the owing, buying, selling or use of bitcoin so it is not a crime neither is it illegal.
hero member
Activity: 658
Merit: 503
March 30, 2018, 04:16:43 AM
#4

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
legendary
Activity: 2604
Merit: 1036
March 30, 2018, 03:59:21 AM
#3
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.
legendary
Activity: 3556
Merit: 9709
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March 30, 2018, 03:46:26 AM
#2
No

/thread
newbie
Activity: 32
Merit: 0
March 30, 2018, 03:38:07 AM
#1
Possesses bitcoin as well as holding a gun  Huh Smiley Huh
http://bitcoinnews.com/cryptocurrencies-gun-crime-canada/
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