Topic: Why bitcoins illegal ???? - page 6. (Read 13933 times)
It is not that kind of "Illegal" we are saying, it is because, some other people does not know about the bitcoin. Other people treat it as illegal, because they do not know about the bitcoin, but for us, who are using bitcoin, we all know how to use it as legal thing. They do not know how to handle bitcoin, so they know that it is illegal
Becaue goverment does'nt see the positive outcome of bitcoin yet. And besides for that they know that they are not capable for controlling bitcoin money.
Governments are made from people and people tend to corrupt. As there will be money and government there will be a constant corruption, manipulation and scamming of society by powers above society.
Bitcoin gives society a freedom from people corruption in government.
And we will never have a government without corruption until money exist.
Becaue goverment does'nt see the positive outcome of bitcoin yet. And besides for that they know that they are not capable for controlling bitcoin money.
That is unfortunate, because the usage of Bitcoin can result in a lot of positive things, especially in the third world nations. Remittance is one of the sectors in which Bitcoin can do wonders. Imagine the third world workers paying just 0.1% or 0.2% to send their remittance payments, instead of the usual 10% or 15%.
Becaue goverment does'nt see the positive outcome of bitcoin yet. And besides for that they know that they are not capable for controlling bitcoin money.
anonymity,tax evasion and the government can't control it maybe that's just the reasons that I see why bitcoin is considered illegal,
I think that we are all aware that bitcoin is being used in the dark net to buy some illegal stuff and to pay for what ever they want
I think that we are all aware that bitcoin is being used in the dark net to buy some illegal stuff and to pay for what ever they want
maybe because our government cant take control on it and it does not have tax,
and it's anonymity other's could buy something in the black market and the terrorist could use it against them,
and also other's use it to earn online and they don't have to pay some tax
and it's anonymity other's could buy something in the black market and the terrorist could use it against them,
and also other's use it to earn online and they don't have to pay some tax
I think that the bitcoin is considered illegal because it is government of the countries that it wants to put his in the head of people because they are afraid of the fame of the bitcoins and that their money depreciate in the face of this virtual money.
bitcoin is a trading media out of goverment controll, maybe they kinda have worries about it. even some peoples use it to buy some stuffs illegally. i think some goverments have to splay their theirselves into internet deeper, in order to avoid those misconception
An interesting question is why some governments refuse to accept bitcoin currency. And the answer is a very idle, it's illegal income citizens, which is nowhere to be fixed. Thus citizens evade taxes. So the answer is simple.
Could you define the term illegal income?
IMO, illegal income is profiting from illegal activities such as the sale of banned narcotics and unauthorized firearms. If we earn Bitcoins from legal activities such as trading, then it can't be termed as illegal income.
One context of illegal income is one where it can't be charged with tax accordingly. Illegal in a sense that it is not "legal" and "acknowledged" in that country.
An interesting question is why some governments refuse to accept bitcoin currency. And the answer is a very idle, it's illegal income citizens, which is nowhere to be fixed. Thus citizens evade taxes. So the answer is simple.
Could you define the term illegal income?
IMO, illegal income is profiting from illegal activities such as the sale of banned narcotics and unauthorized firearms. If we earn Bitcoins from legal activities such as trading, then it can't be termed as illegal income.
An interesting question is why some governments refuse to accept bitcoin currency. And the answer is a very idle, it's illegal income citizens, which is nowhere to be fixed. Thus citizens evade taxes. So the answer is simple.
If it is massive, the Government may be interested in bitcoin, and I do not think that it will benefit cryptocurrency. Although they were always looking for, and will be looking for how to make users and their revenues controlled. 
An interesting question is why some governments refuse to accept bitcoin currency. And the answer is a very idle, it's illegal income citizens, which is nowhere to be fixed. Thus citizens evade taxes. So the answer is simple.
Perhaps the main reason why bitcoin illegal in some countries because of security problems and bitcoin widely used for negative activities. Many countries declares illegal because it is less secure so it can not be legalized because it would be detrimental. In addition, many countries who were thinking bitcoin as drug dealing, money laundering, etc. It will make people more able freely to crime, so many countries are declares bitcoin illegal. Maybe it was the cause of many countries declares bitcoin illegal, ie because of the trust factor.
Don't forget, people fear what they don't understand.
Recently read a very important information, but do not know how to treat it. Good or bad. Bitcoin interested business leaders. And I think that it is only because of the fact that invest their money in bitcoin and thus hide their income.
i think bitcoin is not illegal,,but some ppl use it in illegal,criminal activities 
If the government of a country, and the police will suspect that some crimes are using bitcoin, it is a very bad way to be displayed on cryptocurrency.
i think bitcoin is not illegal,,but some ppl use it in illegal,criminal activities
Perhaps the main reason why bitcoin illegal in some countries because of security problems and bitcoin widely used for negative activities. Many countries declares illegal because it is less secure so it can not be legalized because it would be detrimental. In addition, many countries who were thinking bitcoin as drug dealing, money laundering, etc. It will make people more able freely to crime, so many countries are declares bitcoin illegal. Maybe it was the cause of many countries declares bitcoin illegal, ie because of the trust factor.
Don't forget, people fear what they don't understand.
Perhaps the main reason why bitcoin illegal in some countries because of security problems and bitcoin widely used for negative activities. Many countries declares illegal because it is less secure so it can not be legalized because it would be detrimental. In addition, many countries who were thinking bitcoin as drug dealing, money laundering, etc. It will make people more able freely to crime, so many countries are declares bitcoin illegal. Maybe it was the cause of many countries declares bitcoin illegal, ie because of the trust factor.
Don't forget, people fear what they don't understand.
No one said it was illegal. But no one has admitted it.
You are wrong. Some countries, such as Switzerland and Singapore have legalized Bitcoin, and have even introduced laws aimed at its regulation. On the other hand, only a few countries (such as Vietnam and Iceland) have banned it explicitly.
Most of the governments have already come to terms that bitcoin is here to stay, so even if they wanted to ban it in some way they eventually though better of it. Yet there are governments that are either still getting the whole idea wrong or are just too stupid to accept the facts
Can't brand them as stupid. They are not legalizing it, as Bitcoin will be difficult to control. You can't call them stupid for doing that. A few of the countries have realized the potential of Bitcoin. Good for them.
Perhaps the main reason why bitcoin illegal in some countries because of security problems and bitcoin widely used for negative activities. Many countries declares illegal because it is less secure so it can not be legalized because it would be detrimental. In addition, many countries who were thinking bitcoin as drug dealing, money laundering, etc. It will make people more able freely to crime, so many countries are declares bitcoin illegal. Maybe it was the cause of many countries declares bitcoin illegal, ie because of the trust factor.
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