Because many countries don't have yet any rules to control bitcoins.
They are cared of laundering money, terorist financing, no taxes and etc...
sooner or later, the Bitcoin will be considered as legalization.
Topic: Why bitcoins illegal ???? - page 7. (Read 13983 times)
bitcoin is not illegal but some ppl use it in criminal activity
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
Plus, it can be hard to trace many transactions and implementing taxes can be near impossible not unless you can really be so honest with your dealings online.
Although Bitcoin transactions are hard to trace, once you convert your coins to fiat it becomes easier for the government to track you (that is, unless you are exchanging for physical cash). So honesty doesn't matter.
Yes.. physical cash is difficult to track. But then, in order to exchange your coins for physical cash, you'll be engaging in some form of communication (emails, phone calls.etc). These communications can be tracked.
Plus, it can be hard to trace many transactions and implementing taxes can be near impossible not unless you can really be so honest with your dealings online.
Although Bitcoin transactions are hard to trace, once you convert your coins to fiat it becomes easier for the government to track you (that is, unless you are exchanging for physical cash). So honesty doesn't matter.
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.
It is banned in and deemed illegal in some countries because it is prone to tax evasion, money laundering and it can be used in illegal and illicit activities without being known. Aside from that it is also a threat to banking system and cannot be regulated and controlled by the government.
With these reasons some countries just banned bitcoins also as a means to cmake tax collection efficient and to close any possible gateway for illegal transactions to occur.
With these reasons some countries just banned bitcoins also as a means to cmake tax collection efficient and to close any possible gateway for illegal transactions to occur.
No one said it was illegal. But no one has admitted it. At present, it is just a mathematical and financial theory conjecture experiment, if after the function and use it if changed, violated the national currency interest, there may be ruled illegal.
Plus, it can be hard to trace many transactions and implementing taxes can be near impossible not unless you can really be so honest with your dealings online.
Although Bitcoin transactions are hard to trace, once you convert your coins to fiat it becomes easier for the government to track you (that is, unless you are exchanging for physical cash). So honesty doesn't matter.
They mainly get banned because of the lack of controll by the government, also cannot be taxed.. so it's not that good in the governments eyes.
Only the legal business can add the popularity of bitcoin and the main thing that no accepted.
Despite all the possibilities for search and identification of persons using Bitcoin illegal schemes, these opportunities have yet to learn how to use. Technical competence and understanding of the cryptocurrency in law enforcement is not yet at a level that will effectively deal with the new risks. 
Bitcoin can be illegal or sometimes not encourage in some countries because they see the digital coin as a threat as it is something they can not control partially or completely. Plus, it can be hard to trace many transactions and implementing taxes can be near impossible not unless you can really be so honest with your dealings online.
I agree. Taxes is the most important thing, but there is also the question of who and what provides value in cryptocurrency? What if tomorrow will no longer buy such as bitcoin? Where you will get to the rest of him?
Bitcoin can be illegal or sometimes not encourage in some countries because they see the digital coin as a threat as it is something they can not control partially or completely. Plus, it can be hard to trace many transactions and implementing taxes can be near impossible not unless you can really be so honest with your dealings online.
I agree. Taxes is the most important thing, but there is also the question of who and what provides value in cryptocurrency? What if tomorrow will no longer buy such as bitcoin? Where you will get to the rest of him?Yes, you are asking the right questions. But I believe that cryptocurrency no longer be able to depreciate the reason that the game has already invested a lot of money. Bitcoin now "ensure" these investments and expensive equipment for mining
Bitcoin can be illegal or sometimes not encourage in some countries because they see the digital coin as a threat as it is something they can not control partially or completely. Plus, it can be hard to trace many transactions and implementing taxes can be near impossible not unless you can really be so honest with your dealings online.
I agree. Taxes is the most important thing, but there is also the question of who and what provides value in cryptocurrency? What if tomorrow will no longer buy such as bitcoin? Where you will get to the rest of him?Yes, you are asking the right questions. But I believe that cryptocurrency no longer be able to depreciate the reason that the game has already invested a lot of money. Bitcoin now "ensure" these investments and expensive equipment for mining
Only the legal business can add the popularity of bitcoin and the main thing that no accepted.
Bitcoin can be illegal or sometimes not encourage in some countries because they see the digital coin as a threat as it is something they can not control partially or completely. Plus, it can be hard to trace many transactions and implementing taxes can be near impossible not unless you can really be so honest with your dealings online.
I agree. Taxes is the most important thing, but there is also the question of who and what provides value in cryptocurrency? What if tomorrow will no longer buy such as bitcoin? Where you will get to the rest of him? 
Bitcoin can be illegal or sometimes not encourage in some countries because they see the digital coin as a threat as it is something they can not control partially or completely. Plus, it can be hard to trace many transactions and implementing taxes can be near impossible not unless you can really be so honest with your dealings online.
Experts tracked story addresses the transaction and concluded that the first two phases of network development in the area was dominated by transactions of mining and illegal activities.
there are some country that do accept bitcoin as legal currency in their country and before now there have a means of mining it using their computer maybe with the use of soft as we all know bitcoin is a digital currency.
Because the government can't control bitcoin, so the government make it illegal, because some of the user used it to buy illegal things such as drugs and weapons, and with bitcoin it is hard to trace down who bought the items, so the simple solution from government is ban the coin
It is not possible to ban the crypto-currency. The internet users are always one step ahead of the government. The law enforcement authorities may be able to detain a few people who are not that good with technology. But they will never be able to arrest the experienced users.
The exchanges can't be banned. These are online websites, which can be operated from anywhere in the world (even behind a VPN). If China or Russia bans the exchanges, then they can easily shift their operations to some other country, such as Taiwan.
Because the government can't control bitcoin, so the government make it illegal, because some of the user used it to buy illegal things such as drugs and weapons, and with bitcoin it is hard to trace down who bought the items, so the simple solution from government is ban the coin
It is not possible to ban the crypto-currency. The internet users are always one step ahead of the government. The law enforcement authorities may be able to detain a few people who are not that good with technology. But they will never be able to arrest the experienced users.
The exchanges can't be banned. These are online websites, which can be operated from anywhere in the world (even behind a VPN). If China or Russia bans the exchanges, then they can easily shift their operations to some other country, such as Taiwan.
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