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Topic: What you do when someone say bitcoin is illegal thing? - page 21. (Read 1917 times)

newbie
Activity: 210
Merit: 0
I once was in this kind of situation and I tried as much I can to convince the person about the legality of bitcoin but he proved to be difficult, at that point I have to refer him to make research about crypto currencies and blockchain as well, which he did and came back to me for more directives.
copper member
Activity: 336
Merit: 1
This is ridiculous to say the least.
The people saying that bitcoin is illegal do not understand what butcoin actually is.
They do not have knowledge about cryptocurrency ....so they term it illegal or scam.
sr. member
Activity: 1148
Merit: 300
When they say this you immediately know they have never really researched bitcoin, but it's not worth my time to keep trying to educate people who seemingly know "all about it" already.
Yes i believe on  that maybe they don't really even know what is bitcoin yet. If bitcoin is eligal we cannot maybe used it for payment. Maybe bitcoin will also banned in all countries, but it is not and I think only few countries banned bitcoin. Bitcoin is not eligal but I think it depends upon the government and their decision about crypto.
legendary
Activity: 3052
Merit: 1273
Things are needed to be seen from 2 sides: Good and bad.
It's people's way of thinking and their nature that we need to deal with, while making such individuals understand that everything in this world has a disadvantage too, because nothing comes without challenges. Hackers and criminals using Bitcoins for their false motives is one side of the picture, whereas the good here is that: Bitcoin has eradicated the boundaries between people at a global level giving them the opportunity to freely send/exchange money from one place to another anywhere in the world at a cost of a small chocolate bar. It consists of a technology we call as blockchain which is completely immutable and transparent that makes it one of its own kind of an invention. As well, Bitcoin is such an asset that gives so positive returns where your money makes more money if it's in BTC.
hero member
Activity: 782
Merit: 500
When they say this you immediately know they have never really researched bitcoin, but it's not worth my time to keep trying to educate people who seemingly know "all about it" already.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
unfortunately there is lots of FUD that has misled many people but i still don't believe that the majority of people in the world think that way. i believe that most people already know that bitcoin is not "illegal" or "used by hackers",... but the reason why they are not still getting involved with it is the volatility, the FUD about it "ending bad" and things like that, and the thought that bitcoin is complicated.

you usually can't change the opinion of those who think negative.
Most of the people in the world just repeating the rumors what they have heard but still they refuse to accept when we are explaining to them.But still the bitcoin is not familiar to the world only about 20% of the world population might heard about it.

If we can't change their opinion then the rumors will spread all over the world soon and it might kill the crypto currencies as well.
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
I would say "bitcoin isn't anonymous, but only pseudonymous which makes anyone who use Bitcoin could be tracked easily. Furthermore, there are services such as https://www.chainalysis.com/ which used by government to track Bitcoiner and that's why criminal don't use Bitcoin"

But usually i try to change the topic since majority won't believe what i say and choose to believe what media/government said.
newbie
Activity: 209
Merit: 0
I always said no to them that bitcoin is legal and explain to them what bitcoin really entails and tell them to also invest in cryto currency
member
Activity: 476
Merit: 12
If you want to explain bitcoin to someone just tell the person that bitcoin have the same characteristics and function like our fiat currency. It can be use for payment of goods and services. The only difference is that it cannot be seen physically.
member
Activity: 322
Merit: 12
Make your friend understand that with every  currency there are pros and cons. Bitcoin is decentralized and ensures anonymity of holders.  Because of this  anonymity hackers prefer using this to their own advantage. But that is not the aim of bitcoin. The aim if bitcoin is to ensure true decentralization, safe and secure transactions, relatively lower fees per each transaction and so on. The merits far outweigh the demerits.
legendary
Activity: 1862
Merit: 1015
yes, I must explain the fact because the disadvantage of bitcoin is it can be use for criminal attempt like corruptor.
That's why my government against cryptocurrency.

The greater the risk, you can also obtain the greater profit , that's on bitcoin !
newbie
Activity: 83
Merit: 0
I will explane to them that this bitcoin we can trust it this is not illegal many peoples now are joining here because they trust and this is a asset we can asure our future hear you need to know about this bitcoin before you judge.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
unfortunately there is lots of FUD that has misled many people but i still don't believe that the majority of people in the world think that way. i believe that most people already know that bitcoin is not "illegal" or "used by hackers",... but the reason why they are not still getting involved with it is the volatility, the FUD about it "ending bad" and things like that, and the thought that bitcoin is complicated.

you usually can't change the opinion of those who think negative.
newbie
Activity: 70
Merit: 0
I will not believe   because bitcoin is a  decentralised currency. It cannot be made illlegal by any governing authority.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
Most of the common people think that bitcoin is used only by hackers and criminals,even one of my friend said that it is used by hackers when I am telling about crypto currency to him.Later I explained what is bitcoin and other crypto currencies but still he confused,he can only get what is bitcoin when he research about himself.

In this situation how can we explain that what is real bitcoin?
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