Topic: Why bitcoins illegal ???? - page 4. (Read 13963 times)
cauz its threatens normal currencys
If bitcoin will begin to displace other currencies, this will not lead to good. All will try to look for ways to control the bitcoin or users will pursue under the law that already exists in some countries.
why bitcoin is still illegal in many countries of world 
Is there any solid reason behind this ??/
Is there any solid reason behind this ??/Its because the government doesn't really support bitcoin and for that they really don't know what bitcoin is same here in my country i earn bitcoin alot but its illegal here and i just spend my bitcoin on steam and load its very sad..
i don't really think that in my country will accept bitcoin because they think that bitcoin has no value to them
All the problems arise not with bitcoin users, and governments of different countries. And it is primarily on the fact that the authorities have no control over Bitcoin and its users. Therefore, no one gives consent to the legalization of bitcoin.
why bitcoin is still illegal in many countries of world Is there any solid reason behind this ??/
Is there any solid reason behind this ??/Its because the government doesn't really support bitcoin and for that they really don't know what bitcoin is same here in my country i earn bitcoin alot but its illegal here and i just spend my bitcoin on steam and load its very sad..
i don't really think that in my country will accept bitcoin because they think that bitcoin has no value to them 
Previously, all the dark trying to withdraw money in offshore areas, but when it came to an end, the big business noticed bitcoin. I think that kind of thing on the one hand use, and on the other a very dangerous game.
why bitcoin is still illegal in many countries of world Is there any solid reason behind this ??/
Is there any solid reason behind this ??/Its because the government doesn't really support bitcoin and for that they really don't know what bitcoin is same here in my country i earn bitcoin alot but its illegal here and i just spend my bitcoin on steam and load its very sad..
i don't really think that in my country will accept bitcoin because they think that bitcoin has no value to them why bitcoin is still illegal in many countries of world Is there any solid reason behind this ??/
Is there any solid reason behind this ??/Its because the government doesn't really support bitcoin and for that they really don't know what bitcoin is same here in my country i earn bitcoin alot but its illegal here and i just spend my bitcoin on steam and load its very sad..
i don't really think that in my country will accept bitcoin because they think that bitcoin has no value to them cause government is not modernized enough to welcome this evolutionary way of exchange. Morever they can't control or regulate its flow and there is no central control system. Afterall missusing this system is much easier.
We cannot blame local governments, we should not blame them, because they are not aware on bitcoins. We must first introduce to them what is bitcoin, and what are the positive effects of bitcoins. We can still be part of it to promote bitcoins, we seldom acknowledge the fault that we are not promoting bitcoins. If we are collaborating bitcoins, then local governments will know what are the benefits of bitcoins.
Nailed it!!
cause government is not modernized enough to welcome this evolutionary way of exchange. Morever they can't control or regulate its flow and there is no central control system. Afterall missusing this system is much easier.
That's a stupid reasoning. When someone uses a currency to buy something illegal, whose fault is that? The currency's? 
It's always the fault of the seller, he procured the illegal goods and offered them for sale. If something is illegal it's the role of the authorities to track the sale and confiscate the goods to take it off the market. What currency is being used is not the problem here, they could even be trading drugs for cinema tickets.
It's always the fault of the seller, he procured the illegal goods and offered them for sale. If something is illegal it's the role of the authorities to track the sale and confiscate the goods to take it off the market. What currency is being used is not the problem here, they could even be trading drugs for cinema tickets.
Exactly. Take the trade of illegal drugs for example. Only a very small part is conducted online. More than 90% of the drug trade is done using physical cash. But I have never heard anyone advocating to ban the physical cash, as it encourages drug trade.
We should consider this kind of transaction, what if drug trades transaction will be on its virtual money. Conducting transactions online cannot determine by authorities. We think that, if bitcoin would be legal, banks and local governments cannot conduct investigation or cannot track the trades or the transaction, unless, bitcoin can make that kind of security
That's a stupid reasoning. When someone uses a currency to buy something illegal, whose fault is that? The currency's?
It's always the fault of the seller, he procured the illegal goods and offered them for sale. If something is illegal it's the role of the authorities to track the sale and confiscate the goods to take it off the market. What currency is being used is not the problem here, they could even be trading drugs for cinema tickets.
It's always the fault of the seller, he procured the illegal goods and offered them for sale. If something is illegal it's the role of the authorities to track the sale and confiscate the goods to take it off the market. What currency is being used is not the problem here, they could even be trading drugs for cinema tickets.
Exactly. Take the trade of illegal drugs for example. Only a very small part is conducted online. More than 90% of the drug trade is done using physical cash. But I have never heard anyone advocating to ban the physical cash, as it encourages drug trade.
Some people thinks bitcoin is illegal because it is use in buying drugs and connected to black market just simple as that. So we should not follow what they are doing because that is very bad even knowing we have the freedom on how to use our coins which is wrong.
That's a stupid reasoning. When someone uses a currency to buy something illegal, whose fault is that? The currency's? It's always the fault of the seller, he procured the illegal goods and offered them for sale. If something is illegal it's the role of the authorities to track the sale and confiscate the goods to take it off the market. What currency is being used is not the problem here, they could even be trading drugs for cinema tickets.
The issue of illegality of bitcoin is mostly out of ignorance to some people especially in countries where government has not taken a position concerning bitcoin backed with a particular law. And the reason why people chose such position is because of not only the negative tings that bitcoin is being used for which no one can do but the fact that they cannot be traced by regulatory agencies which is one step ahead that fiat has gotten.
Some people thinks bitcoin is illegal because it is use in buying drugs and connected to black market just simple as that. So we should not follow what they are doing because that is very bad even knowing we have the freedom on how to use our coins which is wrong.
for some country they are considering bitcoin as illegal because they dont seek research about this crypto currencies. they think that its illegal because it is not yet officially introduced to their country.
Some third world countries have banned Bitcoin. Vietnam is a perfect example. They don't understand the technology behind Bitcoin, and therefore they don't know about the advantages which Bitcoin offers.
I refuse to pay tax on my Bitcoin holdings. I have checked the website of the Income Tax Department in my country, and Bitcoin is not mentioned anywhere. It is not even given whether Bitcoin must be considered as a currency, or as an investment. Therefore, I am not going to pay the tax.
This could not be illegal should be. Bitcoin is just a virtual money, why we should pay our taxes because of bitcoins. We think that bitcoin is illegal, but no, because bitcoin is a virtual money that created a money. We cannot consider bitcoin as be taxable money. Bitcoin value have a lot of difference on our paper money. Investors invest their altcoin through paper money.
for some country they are considering bitcoin as illegal because they dont seek research about this crypto currencies. they think that its illegal because it is not yet officially introduced to their country.
Some third world countries have banned Bitcoin. Vietnam is a perfect example. They don't understand the technology behind Bitcoin, and therefore they don't know about the advantages which Bitcoin offers.
I refuse to pay tax on my Bitcoin holdings. I have checked the website of the Income Tax Department in my country, and Bitcoin is not mentioned anywhere. It is not even given whether Bitcoin must be considered as a currency, or as an investment. Therefore, I am not going to pay the tax.
in some country there are no laws to use of bitcoin transactions and government can't control it
I think its not just some countries though. Most countries i think are overlooking bitcoin and are not yet at the point where they want to legalize or ban btc. I'm sure governments are awaren of it but i think it not affecting their markets that much thatbit needs a lot of attention
in some country there are no laws to use of bitcoin transactions and government can't control it
I think its not just some countries though. Most countries i think are overlooking bitcoin and are not yet at the point where they want to legalize or ban btc. I'm sure governments are awaren of it but i think it not affecting their markets that much thatbit needs a lot of attention
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