ı think personally i just thought as long as it's not really prohibited completely in my country, which obviously i will take utilize of that opportunity to gain some profits. But it's not mean aiming to avoid a taxes, i just feel.. i'm already feel benefited by bitcoin, and this is a good opportunity to be taken.
Topic: Not Yet Legal But Not Banned - page 6. (Read 32095 times)
"not yet legal but not banned" is seen in the majority of countries.
in indonesia today bitcoin still not legal as currency for sale and purchase transactions, but hopes in the future bitcoin able to become digital currency used by society in transaction
For people from poor countries, cryptocurrencies are a way to get rich quick.
For people from rich countries - to the above, you can add a way to avoid taxation.
For people from rich countries - to the above, you can add a way to avoid taxation.
I agree with you partly because there are too many complex issues,For example people's knowledge in X country,It may not be as simple as you said,also it would be better to say ,,Cryptocurrencies are new chances to get rich''.Anyway there are too many issues which need very distinctive approaches.So your interpretation is very nice but not as simple in real economy,when there are too many legal barriers from legislative bodies its so hard to talk about luxurious life,in additional problems related to trust,etc..So I just want to say that cases in different countries are individual,therefore very hard to predict something related to this.anyway I agree with you that bitcoin and other cryptocurrencies are the golden opportunities.
people in here are not interested in digital currencies. They do not even know whether or not they exist. That is why I am relieved because bitcoin is still unknown by many people.
Where are you from and what it has with you if people around you do not know about bitcoin? The global situation about crypto is the most important here and as we can see bitcoin wins more and more harts and spreading over the world with pretty fast speed. The only thing you need to care about is what kind of laws your government will accept towards bitcoin and it's regulation. While the government doesn't interested in crypto you can feel free and do with your coins whatever you wish 
Yeah, I also don't care whether or not my community will be interested in bitcoin as long as I can use it globally for investment and soon for utility use. But it will be more good if my community will going to use it because it will be more convenient for us and bitcoin will thrive even more.
Well we all are aware that btc's value will soar beyond the moon if it get's legalized by major economic countries and it will take thr crypto market with it. We can't do anything to make that happen though so yeah i'm focusing as well on my personal crypto journey
Indian government says if you buy bitcoin its your own risk.
I think it is still under development in that certain country, or the government is still studying if bitcoin will bring benefits to the economy of that said country, so it only just stands on neutral ground.
Yes, this is Bitcoin in my country. Not legalized but not prohibited by the Government. Actually prohibited but only forbidden to conduct transactions directly with Bitcoin. If online transactions seem to still be allowed. And for short-term or long-term investment assets are still allowed. So at least I can still use Bitcoin in my own country.
people in here are not interested in digital currencies. They do not even know whether or not they exist. That is why I am relieved because bitcoin is still unknown by many people.
Where are you from and what it has with you if people around you do not know about bitcoin? The global situation about crypto is the most important here and as we can see bitcoin wins more and more harts and spreading over the world with pretty fast speed. The only thing you need to care about is what kind of laws your government will accept towards bitcoin and it's regulation. While the government doesn't interested in crypto you can feel free and do with your coins whatever you wish Yeah, I also don't care whether or not my community will be interested in bitcoin as long as I can use it globally for investment and soon for utility use. But it will be more good if my community will going to use it because it will be more convenient for us and bitcoin will thrive even more.
people in here are not interested in digital currencies. They do not even know whether or not they exist. That is why I am relieved because bitcoin is still unknown by many people.
Where are you from and what it has with you if people around you do not know about bitcoin? The global situation about crypto is the most important here and as we can see bitcoin wins more and more harts and spreading over the world with pretty fast speed. The only thing you need to care about is what kind of laws your government will accept towards bitcoin and it's regulation. While the government doesn't interested in crypto you can feel free and do with your coins whatever you wish
Indeed, Everyone in this world needs money. They did everything that they can to earn for a living. Some of those people made some mistakes in life or shall i say commit a sin in order to live in this world, in other words they broke some rules. Most of them are what we called "scammer". They didn't think of what will happen to their victims. Many scammers are spreading online. They will promise you a good life but in the end it is their life will be good and not yours. In bitcoin, rest assured that YOU will have a better life. They are not yet legal but not banned. Let's just open our mind and eyes for us to see what is good and what is wrong. There were already lots of testimonies on how their lives improved because of bitcoin. You'll just have to trust and rest assured you will not regret it
.
.
For people from poor countries, cryptocurrencies are a way to get rich quick.
For people from rich countries - to the above, you can add a way to avoid taxation.
For people from rich countries - to the above, you can add a way to avoid taxation.
Precisely! Nice point there mate!
With bitcoin, we can already let go of third party interference to our money. There is no need for the government to monitor and tax our hard earned money. Although taxation is very necessary for a nation to thrive, the thought of not having forcibly taxed and only pay some indirect taxes through buying goods and services in the market is quite cool.
For people from poor countries, cryptocurrencies are a way to get rich quick.
For people from rich countries - to the above, you can add a way to avoid taxation.
For people from rich countries - to the above, you can add a way to avoid taxation.
this is the case in digital currencies in all countries. there is no prohibition to use and utilize digital currency to support our financial activities. but we are not given legal certainty and rules about the use of digital currency. so it is very vulnerable to abuse.
An abuser is always there they wait for a perfect time, just like what here our country bitcoin not declared as illegal but it is not legal here.
There are many people adopting bitcoin and some are an abuser recently we have here our country the biggest scam by the pyramiding group who took a money worth of billion in our currency rate.
Just like this activity if government afraid on that they maybe they take an action on bitcoin, banning or prohibited to used people here.
this is the case in digital currencies in all countries. there is no prohibition to use and utilize digital currency to support our financial activities. but we are not given legal certainty and rules about the use of digital currency. so it is very vulnerable to abuse.
yes, this is happening in today's digital currency. who knows when digital money will be legalized by the government. sooner or later the government will use this technology to develop its economy. I expect the government to make quicker decisions about digital currencies.
In addition to being synonymous with illegal activities, cryptocurrency also has not shown a stable character. Soaring and then slumping drastically, then slowly rising again. Only the desperate and ready to lose alone who dare to plunge in the realm of cryptocurrency that is on the wind today.
I think it has pass the banking law in order to withdraw money from the bank...then it is legal. However, the government can make regulations or laws in order to ban the bitcoin system.
people in here are not interested in digital currencies. They do not even know whether or not they exist. That is why I am relieved because bitcoin is still unknown by many people.
I am from India Indian Finance Minister Arun jetly has declared that bitcoin is not illegal in INDIA, You can bear your own risk if you want to hold it so totally responsibilities is your to buy bitcoin.
Jump to: