Is owning bitcoin a crime? - page 7.

billykannithi

member

Activity: 330

Merit: 12

Quote from: Cloak1 on April 22, 2018, 02:14:31 PM

It is not crime to own or hold bitcoin. Bitcoin is currently being treated as software hence no regulations.It is when you try to use those bitcoins to buy some illegal stuff for example drugs etc, then it is considered illegal or crime.

Yes, a currency isn't a crime because actually it didn't harm anyone and they were born not for that reason also.
People just use them to do the illegal things or the harm things to others then you're accusing it's a crime ?
No i don't think it will work that way.

Cloak1

sr. member

Activity: 623

Merit: 251

It is not crime to own or hold bitcoin. Bitcoin is currently being treated as software hence no regulations.It is when you try to use those bitcoins to buy some illegal stuff for example drugs etc, then it is considered illegal or crime.

Apes

sr. member

Activity: 1316

Merit: 257

Having bitcoin is not a crime and bitcoin is not criminal .. and actually bitcoin can help for those who use it and make life better because it can help in economy and finance .. and i do not agree with those who have bitcoin in say crime and bitcoin is currency online it and make money and we get it is not free and there is a way to work and get paid with bitcoin or buy it to invest ..

pri3oner

full member

Activity: 504

Merit: 100

Bitgesell (BGL) Decentralized Cryptocurrency!

This question is such a rave Cheesy

How can public assets be a crime while the majority of the World currently has been using it for years?
Anyway, it can be that if u are living in "especial" place with its own rules and laws but the rest of the World hasnt gone crazy yet.

barsametu01

newbie

Activity: 238

Merit: 0

ok now if i ask you Is owning money & gold a crime so its clear it is not a crime by owning a bitcoin . It depends on the person who hold it and the country that he lived in. Many country btc have legality very few country they dont have permission for btc transcation .

zhopas

full member

Activity: 323

Merit: 100

Every illegal doings can we call as a crime because first of all it is wrong and it may infringe on human rights or lose the privacy of something that is important. Owning bitcoin is not a crime unless you earn it or you got it in a wrong way especially today that many people are being aggressive when it comes to money and they are become more interested to it where they can even commit a crime just to have it. There's nothing wrong in owning bitcoin especially when you worked for it.

POM

sr. member

Activity: 547

Merit: 254

What!? Of course not! In fact it’s a complete nonsense. I can’t tell why people are thinking like that but anyways.. The interest in bitcoin and crypto is increasing day by day, the effect of these strange thoughts will decrease with time.

darth_cryptorider

member

Activity: 470

Merit: 16

What a nonsense, how own bitcoin can be a crime. If bitcoin equal to money so it's looks like own a money its a crime? In which world we live?

tansoft64

sr. member

Activity: 532

Merit: 253

Owning a bitcoin is not a crime, infact if you have it you have the opportunity to change your life forever and become rich. Bitcoin can be used in crimes because it is also a currency online.

ThePunisher49X

member

Activity: 340

Merit: 15

It must be a crime in some parts of the world because I have heard at the airports they have seized ledger and trezor wallets if they see them on your person during the check stop before getting to go on to your flight.
I believe the place was somewhere in south east asia where they have banned bitcoins use there.

Javed zaman

newbie

Activity: 50

Merit: 0

No, there is no crime crime in owing bitcoin and moreover it is not illegal.

Pujangga

member

Activity: 1078

Merit: 12

Of course not, there is no good reason to say that bitcoin is a kiminal, bitcoin is a legal thing that will make the future better and the country should immediately legalize bitcoin.

SaiWAFU

jr. member

Activity: 193

Merit: 1

Quote from: threesome333 on March 30, 2018, 02:38:07 AM

Possesses bitcoin as well as holding a gun Huh

http://bitcoinnews.com/cryptocurrencies-gun-crime-canada/

No. There are no laws yet states that acquiring and possesion of bitcoin is a crime. Canada simply wanted to eliminate all possible loop holes that criminals can use for their transaction, which is bitcoin btw.

guon

newbie

Activity: 14

Merit: 0

Yeah, but it used to be 99,99% for crime, besides the pizza.

Now it's the other way around.

Articles are stuck in the past.

Indra32

newbie

Activity: 182

Merit: 0

Quote from: olegblinov86 on April 21, 2018, 06:01:28 PM

I still think bitcoin binding to criminals is just nonsense. Bitcoin was invented not for the development of crime, but to improve our lives.

I think If / when Bitcoin is set in your country of residence and you are required by law to declare Bitcoin ownership but you have not done so, then having Bitcoin may be illegal.
Is having money is a crime? Because money also facilitates the trade of such illegal goods.

Rizqi

member

Activity: 294

Merit: 10

Freedom

Quote from: threesome333 on March 30, 2018, 02:38:07 AM

Possesses bitcoin as well as holding a gun Huh

http://bitcoinnews.com/cryptocurrencies-gun-crime-canada/

1. having bitcoin is indeed a crime for citizens whose country prohibits bitcoin from entering the country, depending on location
2. bitcoin this is a tool, whose name tool anyone can wear it, in use for what? much to be discussed in this case that is known in making bad, who knows made with various methods done by bitcoin users,

so we see where it stands, and that's a good, bad fact depending on you, and I remind you to use bitcoin wisely...

budz0425

full member

Activity: 504

Merit: 101

Quote from: Oto3 on April 22, 2018, 11:14:12 AM

I think the possession of bitcoin is not a crime, bitcoin is a valuable asset to be used, owned and purchased. If you use bitcoin for criminal purposes like, money laundering, using bitcoin for terrorist purposes, that's a crime.

Owning a bitcoin is not a crime for most countries, it may depend on the regulation of each country, but here in our country we are free for as long as we will not scam people and we are not obliged to pay taxes with it too.

Aryadwipanggah

member

Activity: 350

Merit: 13

I think having bitcoin is not a crime, because to date in my country on its special there are no rules that prohibit to have bitcoin so I think as long as it does not violate government regulations have bitcoin is not a crime

Houseman

member

Activity: 156

Merit: 10

Huh, i don't think that owning a bitcoin will be a crime. Bitcoin is just a type of investment online that has it value. Thus people will buy it.

Oto3

member

Activity: 195

Merit: 10

I think the possession of bitcoin is not a crime, bitcoin is a valuable asset to be used, owned and purchased. If you use bitcoin for criminal purposes like, money laundering, using bitcoin for terrorist purposes, that's a crime.

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