Why bitcoins illegal ???? - page 8. | Bitcointalksearch.org

Esphere.in

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Quote from: Sithara007 on December 04, 2016, 09:03:55 AM

Quote from: machinek20 on December 04, 2016, 03:28:51 AM

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.

How about the possibility of banning exchanges ,how would the users cope up with that idea.if a government decides to ban crypto exchanges then they can definitely stop the process and that is a possibility in the future because bitcoin could be seen as a parallel currency which would harm a countries economy.

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Quote from: machinek20 on December 04, 2016, 03:28:51 AM

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.

zero1ten

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If a government says bitcoin is illegal then there is definitely a secret agenda behind it, the most obvious reason will be, is that they are just afraid to lose control of the money system in their country, and it can result to losing control of its own people.

machinek20

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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

ivan.daineko23

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The Chinese authorities have banned the use of any virtual currency to pay for the real goods and services in order to protect its financial system. Likewise, they want to go to Thailand. Every year there are more and more evidence that Bitcoin becomes an outlaw.

WarThunder

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Today, for the Bitcoin began to make a big deal to buy the company, for example, casino SatoshiDice (also accept Bitcoin rate) was sold for 126,315 Bitcoins, seriously discussed the sale of land, some even sell a property for Bitcoin. And thanks to Bitcoin no taxes and no control.

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Quote from: ZlaiaZaia on December 03, 2016, 02:30:42 PM

Characteristics and properties of Bitcoin, transaction anonymity, lack of control by any regulators, the absence of any security given algorithmically limited emission, inability to cancel the transaction, can be used even for trafficking and other crimes.

criminals is very beneficial irreversibility of committed transactions and block any transaction, even if we know exactly what this purse belongs to the perpetrator. But if only the negative thinking, then nothing happens.

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Quote from: ndnh on November 27, 2016, 07:14:30 AM

Quote from: innocentbee on September 08, 2016, 12:58:15 AM

why bitcoin is still illegal in many countries of world Huh

Is there any solid reason behind this ??/

Where are bitcoins illegal? China?

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Quote

While private parties can hold and trade bitcoins in China, regulation prohibits financial firms like banks from doing the same.

In the first place there are questions of illegal transactions, tax evasion, money laundering, proceeds of crime. In fact, using the means of payment without necessarily identifying the members of the operation, these operations easier to perform.

ZlaiaZaia

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Characteristics and properties of Bitcoin, transaction anonymity, lack of control by any regulators, the absence of any security given algorithmically limited emission, inability to cancel the transaction, can be used even for trafficking and other crimes.

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Quote from: ndnh on November 27, 2016, 07:14:30 AM

Quote from: innocentbee on September 08, 2016, 12:58:15 AM

why bitcoin is still illegal in many countries of world Huh

Is there any solid reason behind this ??/

Where are bitcoins illegal? China?

Try this:

http://bitlegal.io/

There is a map in that website, which classifies the legality of Bitcoin by country. But remember that it is not the latest one. For example, although the situation in the US is given as "Permissive", some of the states (such as New York) are actually very hostile to Bitcoin.

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Quote from: innocentbee on September 08, 2016, 12:58:15 AM

why bitcoin is still illegal in many countries of world Huh

Is there any solid reason behind this ??/

Where are bitcoins illegal? China?

Edit Nope.

Quote

While private parties can hold and trade bitcoins in China, regulation prohibits financial firms like banks from doing the same.

youdacapt

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Most countries say no to legalize bitcoin, but they didn't close their eyes. But I'm sure it's only a matter of time, certainly all developed countries are preparing a draft of the validity of bitcoin, developing countries will follow.

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Quote from: innocentbee on September 08, 2016, 12:58:15 AM

why bitcoin is still illegal in many countries of world Huh

Is there any solid reason behind this ??/

The main reason why it is illegal in other countries is because they cab not control it. We all know that bitcoin is the mode of payment in dark market. It can be use neither legally nor legally, it depends on the people on how would they use it. In my opinion, the vision of bitcoin is good.

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Quote from: Clement Kaliyar on November 25, 2016, 05:47:42 PM

Quote from: kwuccduck on November 25, 2016, 05:07:38 PM

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.

During the initial phase of bitcoin everybody could mine from their home computer and that is not a surprising discovery Wink

but how do you determine that it is used for illegal activities ,have you got any proof for these claims or simply phrasing to get a pop or quoting any article you are planning to publish

Of course it would be good to discuss the real article, with links to originalnos but anything can happen. I've read about the interest of the Interpol to bitcoin th fact that they even collected Concilia on this occasion. But I do not remember where it is seen.

Jonar21

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All understand and are aware that Bitcoin is an anonymous currency. So really use Bitcoin to criminal activity is likely, and it seems to me that many of the criminals have been using advanced bitcoin for their actions. After all, the authorities can not trace the sender until he opens.

Clement Kaliyar

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Quote from: kwuccduck on November 25, 2016, 05:07:38 PM

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.

During the initial phase of bitcoin everybody could mine from their home computer and that is not a surprising discovery Wink

but how do you determine that it is used for illegal activities ,have you got any proof for these claims or simply phrasing to get a pop or quoting any article you are planning to publish

kwuccduck

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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.

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Quote from: tripplewarz on November 25, 2016, 04:24:05 PM

Recent concerns about the use of Bitcoins to perform illegal transactions at the moment exaggerated. With the economy growing like Bitcoin illegal transactions will become smaller

Why do you think that bitcoin is growing along with the growth of the economy. World economies have not is growing. That is why is now so intensified protests. This begs the question, why is the bitcoin?

tripplewarz

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Recent concerns about the use of Bitcoins to perform illegal transactions at the moment exaggerated. With the economy growing like Bitcoin illegal transactions will become smaller

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Quote from: pyata4ok on November 25, 2016, 03:04:46 PM

About illegal use bitcoin can already forget. Bitcoin as a distributed payment system in its development passed through three stages of growth, and at the moment its economy is primarily determined by the "legitimate payments, commerce and services."

What are you writing? Where in the world bitcoin uses a legal? Yes, as long as no criminal prosecution for its use, but the first attempts have already been made. For example in Russia.

Topic: Why bitcoins illegal ???? - page 8. (Read 13933 times)