Author

Topic: Legality of distributing bitcoin paper wallets with money in them (Read 1931 times)

legendary
Activity: 2590
Merit: 3008
Welt Am Draht
How mass is mass? If it's a bunch of geezers on the upper floor of a pub then no one's going to care. If you're giving it out to every single citizen then here might be some research needed.
sr. member
Activity: 290
Merit: 250
What's the difference between visa/mastercard gift cards sold in stores vs selling paper wallet containing bitcoins in store?

Edit: I know the cc gift cards dont require any registration so it's basicallly Anonymous
hero member
Activity: 812
Merit: 1000
I don't think it would be illegal, does UK government recognizes bitcoin as a form of currency? And are you to declare it and pay tax on it? If yes then you might be asked from where you acquired bitcoins which you're distributing, if not then they're just coupons which may/may-not hold any value.
sr. member
Activity: 290
Merit: 250
I had this idea in mind for a while because it would be similar to a visa gift card at this point.
hero member
Activity: 699
Merit: 500
Does anyone have any idea about the legality of mass distributing Bitcoins, in the UK, similar to the form of fiat notes?
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