Topic: Legal bitcoin or illegal bitcoin (Read 6829 times)
Using bitcoin to purchase well-natured goods and services is not illegal. However, those who mine bitcoins and trade them for traditional currency or operate exchanges on which bitcoins are bought and sold are labeled “money transmitters” and could be subject to special laws that govern that type of activity. But for the most part it remains relatively safe to use as long as it is not tied to illicit purchases or activities.Depending on where and how you utilize bitcoin, it is important to remain up-to-date on the latest regulations concerning the digital currency.As laws change across borders, governing bodies and, increasingly, as the platform gains popularity, questions about bitcoin’s legality will continue to be raised.
Legalizing the use of bitcoin and other cryptocurrencies, means putting it under government regulation and subject to tax by means of transactions. But the prospect of banning any cryptocurrencies is always possible when it is not legalize under government law. Other countries like mine allows people to use bitcoin in any online transactions even it is not fully legalize yet while the exchanges here are already under regulation.
bitcoin I think legal, if used for good and not harm others. but it could be illegal if misused for a crime, which would harm others.
I prefer Bitcoin to be legal but but it doesn't matter so much for me 
The thing that matters to me is the money I earn. 
The thing that matters to me is the money I earn. 
Can you guyz vote if what are we doing now is legal or not
Coz these can be a serious like having a marijuana or drugs in our pockets
And if these bitcoin became a currency i think it will be have a tax and
Why do we eager to earn virtual money than real money.. simply because the rate is higher than the real ones and it is easy to earn if i am not mistaken😎
What you guyz think
Newbie
using bitcoin for narcotics will not be serious for those countries that allows the trade of it but for those countries that totally ban the consumption and selling of those drugs i think people using bitcoin for those transactions might have a problem.Coz these can be a serious like having a marijuana or drugs in our pockets
And if these bitcoin became a currency i think it will be have a tax and
Why do we eager to earn virtual money than real money.. simply because the rate is higher than the real ones and it is easy to earn if i am not mistaken😎
What you guyz think
Newbie
currency should't have a tax but a profit should be so converting fiat into bitcoin should not have any tax imposition but only the gains you get from it after converting it again into fiat with a higher price the same concept with alts trading for speculative purposes.
if we use bitcoin in a good ways so its legal, but if we use for bad that is elligal. if we talk about legalization i thnik its depend which country do you live. if you are living in the country which is bitcoin is 100% legal then thats good and expect the tax on it. in my country bitcoin is being recognize not legal but not also illegal.
Bitcoin is one hundred percent legal and free from all kinds of risk or fraudulent scam. The company of bitcoin is recognize by the government so you don’t need to worry about.
Bitcoins may be considered money, but not legal currency.
Can you guyz vote if what are we doing now is legal or not
Coz these can be a serious like having a marijuana or drugs in our pockets
And if these bitcoin became a currency i think it will be have a tax and
Why do we eager to earn virtual money than real money.. simply because the rate is higher than the real ones and it is easy to earn if i am not mistaken😎
What you guyz think
Newbie
Coz these can be a serious like having a marijuana or drugs in our pockets
And if these bitcoin became a currency i think it will be have a tax and
Why do we eager to earn virtual money than real money.. simply because the rate is higher than the real ones and it is easy to earn if i am not mistaken😎
What you guyz think
Newbie
Bitcoin is just a store of value, Altcoins is the real deal here we use bitcoin for transaction that's why it keeps increasing. Governments should legalize bitcoin in some other way. i know there are terrorists or illegal activities are roaming around and they use it as a transaction so they could limit it in the future.
bitcoin is leGAL. I DONT know why in some countries they are claiming that bitcoin is illegal. Whether or not people use Bitcoin as a way to participate in expressly illegal activities doesn't make the digital currency itself illegal. so maybe they just want to control the price of bitcoin.
When Goverments disagree at such a basic level,its usually because they possess only pieces of the overall or they just need this situation for their interests.I think they just need consistent estimation or they don't have relevant approaches.There are also Countries wich are trying to ban bitcoin every year but people in this countries in response to this,trying to contest their interests, wich I think is right approach...So I think desired results only can be achieved by active people. 
The company and Management of bitcoin is a legal company. So all means of transactions they have are recognize by the government.
You are one hundred percent rest assured that your investment is in the good hands. It is great since it will build some trust to the public when they are getting engage in bitcoin.
You are one hundred percent rest assured that your investment is in the good hands. It is great since it will build some trust to the public when they are getting engage in bitcoin.
Of course legal and illegal bitcoin depends on how to use it, if anyone says that illegal bitcoin may be caused by people using bitcoin for crime transactions. But in general bitcoin is used for business purposes because bitcoin is very useful if we have knowledge about the use of bitcoin well.
I agree with your opinion bitcoin directly make it easier for people in investing their money different opinions with people who misinterpret because do not know kegunaanya and minimal knowledge. conclusion with this market we can know the activity of world transaction through purchasing bitcoin. thanks
bitcoin is leGAL. I DONT know why in some countries they are claiming that bitcoin is illegal. Whether or not people use Bitcoin as a way to participate in expressly illegal activities doesn't make the digital currency itself illegal. so maybe they just want to control the price of bitcoin.
The people or some opinions that say illegal.. indeed is so very annoying to us who are already a lot benefited by bitcoin and still doing a smelled positively related with bitcoin and there's no intention to harming the others people.But still, the governments still have an thoughts of things that could be have an adverse effects on the country due of course everyone who lives in this world is not just a kindly people only, still many criminal brains / the crimes.
bitcoin is leGAL. I DONT know why in some countries they are claiming that bitcoin is illegal. Whether or not people use Bitcoin as a way to participate in expressly illegal activities doesn't make the digital currency itself illegal. so maybe they just want to control the price of bitcoin.
Bitcoin is usally used for illegal activities as it is anonymous but some people use it legally. The banking world says it is 100% illegal as bitcoin hurts banks, they use excuses like 'it is used for drugs" etc. But some online businesses accept bitcoin as a payment.
For me legal bitcoin is the best choice because this is a bit more regular work when bitcoin is legal. And to make us feel like a noble work, we will not be afraid of any goverment if it's legal. A lot of today's country is a legal bitcoin.
For me the term legal and illegal is not appropriate unless government will declare it which among the two term for them is acceptable. If government gives no response with this we cannot called it legal or illegal but an anonymous source of income for all who participating here.
one should agree with this opinion and emphasize that the lack of legal regulation of bitcoin puts it outside the law and creates uncertainty in the functioning of both financial transactions and business as a whole.
If I am going to pick legal, the government intervenes in bitcoin, thus will take a percentage and I do not like sharing. If I am going to pick illegal, I cannot use bitcoin. I can use it in a secret way. Therefore, I am picking neither legal nor illegal. Neutralism is the best option for me.
In my country, bitcoin is not even mentioned by the government. Perhaps, because it is still unknown by most of people. That is why I like my country when it comes to the use of bitcoin.
In my country, bitcoin is not even mentioned by the government. Perhaps, because it is still unknown by most of people. That is why I like my country when it comes to the use of bitcoin.
I will say its legal cause I use it in every good form I can use my normal country's currency. Bitcoin is said or looked at as illegal because most people use it for illegal activities, but if we all use it for every legal reasons, then the illegal part will be looked out.
You have a point. The legality of bitcoin depends on the person who use it and depends on how to use it.
the evidence even though it does not say legal they also do not say if bitcoin is illegal, meaning bitcoin is legal
Bitcoin being legal or not legal has basically no direct importance. People wrongly assume that if Bitcoin isn't legal in their country, that it automatically means that they don't have to pay tax over their profits and holdings.Point is that you will still have to pay tax over everything you hold and gain. In most cases there is a separate section that you can fit Bitcoin in when you fill in your tax reports, which is something people seem to ignore.
It's just common sense because the value of your Bitcoin and other crypto holdings is part of your total wealth. If people think there is no need to pay tax over their coins, they are obviously wrong on that.
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