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Topic: Legal bitcoin or illegal bitcoin - page 8. (Read 6964 times)

full member
Activity: 120
Merit: 100
August 31, 2017, 07:58:25 AM
#27
In my opinion, Bitcoin should be legal, it can completely replace the FIAT. With the legal Bitcoin, we can go anywhere, buy anything do not need visa, do not need money cash. Very convenient to travel or trade. I firmly believe that Bitcoin will be the common currency of the world in the coming years.
full member
Activity: 294
Merit: 101
Streamity Decentralized cryptocurrency exchange
August 24, 2017, 04:46:02 AM
#26
I've only earn BTCitcoin in a legal way, black hat is not my thing. And in our country bitcoin is not yet approve in law, but bitcoin users are open and no need to hide because the business community support it. We even have our local wallet provider that is connected our earning through banks and remittance centers.
i agree to your answer bitcoin here in philippines is legal but not so popular because they only know how to deposit and to exchange only but i think in the future bitcoin will become popular to people here in the philippines if they learn how to earn
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
August 24, 2017, 02:28:56 AM
#25
For me, what we do here to collect, get, and store bitcoins is a legal job. Although bitcoin is not yet legal in my country, but the government in my country is not concerned about the existence of bitcoin, since bitcoin has been used in one of the territories in my country and it works well and there is no resistance from the state government and the local government.
hero member
Activity: 1400
Merit: 536
August 23, 2017, 04:40:25 PM
#24
I want Bitcoin to be called a clean name, when I drink coffee with my children, I am quick to pay and dream of doing with Bitcoin, but it is very easy to use for illegal purposes, but that does not make it bad.
newbie
Activity: 35
Merit: 0
August 23, 2017, 12:59:17 AM
#23
I'm sure some countries will ban it. But if my country bans it, I will probably tell them "What bitcoin? Oh I lost those in a boating accident!"  Grin
full member
Activity: 140
Merit: 100
August 22, 2017, 11:51:43 PM
#22
I do not know, in some countries, the bitcoin becomes legal, and in some cases it becomes illegal. It may depend on its use, as many use illegal bitcoins, and many use them for public use.

Legalizing bitcoin in one country is not that much on impact for me. It only gives the government an options for taxation and regulations and even prone to corruption in the long run. It is better this way that most country is just ignoring bitcoin for now. But in due time I know it will eventually.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
August 22, 2017, 08:40:22 PM
#21
I do not know, in some countries, the bitcoin becomes legal, and in some cases it becomes illegal. It may depend on its use, as many use illegal bitcoins, and many use them for public use.
newbie
Activity: 5
Merit: 0
August 22, 2017, 03:23:07 AM
#20
Link
legendary
Activity: 1148
Merit: 1048
August 19, 2017, 04:54:08 PM
#19
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

Bitcoin is property, a governmental non consideration at the least and an actually currency at the most. I don't think bitcoin itself can be illegal or legal itself, unless you mean it's prohibited in said area, which is pretty rare. Coins can be tainted, or essentially associated with a known criminal activity. That would make them evidence and subject to confiscation; but the coins themselves are still legal property/tender/whatever. You also would have be Ken no crime if you can demonstrate how you obtained the coins.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
August 18, 2017, 08:34:46 PM
#18
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
There are some countries where Bitcoin is illegal. As I don't know your country. So, it would be tough to tell. You should add one more option in your poll of neither legal nor illegal. Majority of countries don't have any rule on Bitcoin. People can use it without any restrictions. But government or a country as whole doesn't accept it as a legal tender in that country.

i am agree with you, still there is many country is not giving any statement about bitcoin and i think they are waiting for something so they can giving any clarification later. but i think in future, there will be many country will make bitcoin as legal so bitcoin will be free to use in their country. and for people which using bitcoin for illegal, i think the government will make some new rule for this so people can not abuse bitcoin for the illegal activity and if they are caught, they will go to jail.
hero member
Activity: 896
Merit: 521
August 18, 2017, 08:22:51 PM
#17
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
There are some countries where Bitcoin is illegal. As I don't know your country. So, it would be tough to tell. You should add one more option in your poll of neither legal nor illegal. Majority of countries don't have any rule on Bitcoin. People can use it without any restrictions. But government or a country as whole doesn't accept it as a legal tender in that country.
full member
Activity: 182
Merit: 100
August 18, 2017, 10:59:35 AM
#16
BITCOIN is Legal only.

But it is depend upon how you are going to utilize it. every thing has two sides. If good is that for sure Bad will be there also. We no need to panic our self till we use Bitcoin for legal tenders.
full member
Activity: 546
Merit: 100
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August 15, 2017, 09:05:19 PM
#15
I've only earn BTCitcoin in a legal way, black hat is not my thing. And in our country bitcoin is not yet approve in law, but bitcoin users are open and no need to hide because the business community support it. We even have our local wallet provider that is connected our earning through banks and remittance centers.

Yeah the local wallet is our way to earn our bitcoin through the real money, and its legal, because in any transaction there is a deduction, maybe in other country its not approve by law but we do not do anything wrong to say that it is illegal. So as long as we do it in a Good way and don't scam I think it's legal.
sr. member
Activity: 308
Merit: 251
August 13, 2017, 11:08:25 PM
#14
I've only earn BTCitcoin in a legal way, black hat is not my thing. And in our country bitcoin is not yet approve in law, but bitcoin users are open and no need to hide because the business community support it. We even have our local wallet provider that is connected our earning through banks and remittance centers.
sr. member
Activity: 1008
Merit: 355
August 12, 2017, 11:04:37 PM
#13
I have no specific problem here in my country regarding Bitcoin because our government is looking at is as like any foreign money so that exchange and wallet providers have to be registered as foreign remittance business. The government is taxing us per transaction just like foreign exchange but Bitcoin holders are not yet urged to declare their income out of their cryptocurrency holdings.
sr. member
Activity: 1988
Merit: 453
August 07, 2017, 09:13:25 AM
#12
Bitcoin ofcourse is legal, but others use it in illegal ways...they use it to scam others like onpals.. After they collect a lot of money,they will run away and take the money of the crying investors..

The legality of Bitcoin depends on the jurisdiction. In countries such as Singapore, Australia, Japan and South Korea, the currency is 100% legal. However in certain countries such as Thailand and Iceland, it is illegal.
sr. member
Activity: 434
Merit: 250
August 06, 2017, 09:55:44 PM
#11
Bitcoin is built with an innovative system as the first digital currency and has highest value in crypto market of course with the aim of improving the economy of each user, but in fact there are some users who deliberately exploit the weakness of bitcoin for various crimes, perhaps based on these things have Causing an unfavorable government response to bitcoin legality, but currently legal or illegal bitcoins, do not have a big impact on bitcoin progress as well as rising prices.
full member
Activity: 336
Merit: 100
ELYSIAN | Pre-TGE 5.21.2018 | TGE 6.04.2018
August 06, 2017, 08:09:33 PM
#10
Bitcoin ofcourse is legal, but others use it in illegal ways...they use it to scam others like onpals.. After they collect a lot of money,they will run away and take the money of the crying investors..
full member
Activity: 197
Merit: 100
August 06, 2017, 06:50:30 AM
#9
bitcoin is a new invention and cryptography and digital currency. Some Body accept and some body could not accept because some country govt say bitcoin Illegal and bitcoin bad effect for his country and at the some time some country accept and legalize.. some country people can not use bitcoin because it's crime to use it.

So we can not 100% sure is it bitcoin legal or illegal .

We Still Hope bitcoin will legalize for every country .

Thank you
full member
Activity: 158
Merit: 100
3DES - Slicing as fast as possible
August 06, 2017, 02:55:59 AM
#8
It all depends on the jurisdiction. Bitcoin in some countries is already quite legal, but not in others.
But the key point is that all the fiat currencies were initially tied to the state, where they are emitted. With crypto it is different. Therefore, crypto will never be legal everywhere.
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