Bitcoin Forum

why bitcoin is still illegal in many countries of world ??? Is there any solid reason behind this ??/

Because governments don't like it. They don't like it because they can't control the money flow when people use bitcoins. They can control banks, airports, your house... But nobody will notice if a tiny usb stick holds thousands of bitcoins.

because of it no control of government country and not taxation pay to government .
so usually they ban it . also there is privacy through which no one can find how much the user saved btc at his wallet .

For the same reason online poker is
still ilegal in many countries!
Not open minded people  ;D

Yes in some countries bitcoin is illegal and in some countries there is no specific law made for the regulation of bitcoin.
Those government made bitcoin illegal in their country because they are not able to control this bitcoin currency as bitcoin is decentralised and they cannot track how much bitcoin a person is holding in his/her wallet.

What do you mean by it is illegal?  I am from a third world country but we uses bitcoin.  I do not know if it is legal or illegal all I know is that the bitcoin wallet in our country allows deposit through banks and 711 stores and some cash remittances.  They even ask every person to validate their accounts through Id verification and phone verification.  They deactivated accounts which engage into gambling as they say that it is not registered into some government organization or something like that. 

If a government can't control and tax it to make a profit for themselves they don't wan't it.  Greed drives Governments.

Can someone here name those countries where Bitcoin is illegal? I would like to know that. I know that Bitcoin is not very well accepted in some countries by governement but I don't know in which countries is actually banned by law.

I don't think that Bitcoin is illegal in many countries in the world.
In fact, Bitcoin is still not regulated by the law in many countries in the world.
Governments really adapt very slowly to the new reality and Bitcoin is already here, reality and new future of the money.
Don't worry, nobody can stop progress and Bitcoin will be fully accepted everywhere, soon or later.

Bitcoin is legal because it's not a big deal yet, it's not impacting or imposing upon local fiat currencies, and (most importantly) it has legitimate value in the world!

In the end, the government can't control what I offer you for services you offer me - it's called trading/bartering. Of course it would take more creativity to make the exchange happen, but it could still happen.

Here's a resource on the legality of bitcoin by country: https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country (https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country)

governments want to control people so they want to control ongoing cash flow. For that reason, goverments dont want to legitimize bitcoin usage in trades. Bitcoin flow cant be controled offically at this moment but something will be different in the future ..who knows..

Cause they don't like it,the freedom it gives you,the endless possibilities.
That's to say I really don't find it is reasonable for the people because they deserve to use BTC and have the freedom to choose their currency.
Hope more people realize this

well that's because they can't get anything from it. bitcoin can't be taxed or is not being taxed yet. well it really depends on which country you're in I don't think there are a lot of countries that bans bitcoin

I think bitcoin is not illegal in other country almost all are accepting bitcoin to use..
Because its just a alternative money online that you can use to pay or to buy service online.. also in gambling but its not the case..

Bitcoin is illegal?


Those law makers are changing their minds so much that they might be really light headed. Maybe they could do the same with drugs, ban then unban ban then unban.

What are they doing?

Its illegal, but it can be legal if they really wanted it to be...

Like pass the damn ETF and it can be considered as a security in the traditional stock market... like its been forever..

Bitcoin is still young currency and many goverments still don't know much about it. They are thinking that bitcoin can be used for illegal activities or avoid pay taxes. And also goverments are in side of banks, legalization of bitcoin can affect banks negative and goverments no need it.

Illegal in many countries? It's a minority. Bitcoin is legal in most countries of the world. You need to go to some countries in the former USSR for bitcoin to be illegal.
Governments are cautious about it in the western world, but it's not illegal. The usual arguments are terrorist, crime, money laundering.

Before all the "get rich quick" guys came to the bitcoin space, it was a very political movement.
You need to go back in time to when bitcoin was first created.

June 2011:

That was the general view. I'm skeptical if it does reduce a governments power:

https://images.duckduckgo.com/iu/?u=https%3A%2F%2Fimgs.xkcd.com%2Fcomics%2Fsecurity.png&f=1

in my country bitcoin is not illlegal system, it's depending about for what you use bitcoin, if you using bitcoin for illegal activity you will be a fugitive, bitcoin is like normal currency

i think bitcoin is not illegal . but some persons are using bitcoin for illegal purpose so to get control over the floq of illegal activities some of the countries have banned the use of bitcoin in there countries . overall bitcoin is safe and pure legal .

There is a board about bitcoin legality. https://bitcointalk.org/index.php?board=74.0 (https://bitcointalk.org/index.php?board=74.0)
Initially governments were very cautious about it (political program of early users) but as it can bring money into their country they turn more positive towards it.

i think bitcoin is not illegal but use of bitcoin in sime countries is illegal because many people using bitcoin as criminal activities .
further more i will say there is no legit way which proves bitcoin as illegal .
it is a better way for worldwide payment but still some people uses it as only for earning purpose .

in my opinion there is no solid reasons to say bitcoin as illegal . because in reality it is not illegal but it is a way to make payment from any part of world to any part with independently .
i hope no one will say it as illegal or it is uses for illegal activity .
all over i will say bitcoin is a gift of god .

i had also read this thread @virtualx . here in this Board only few countries had banned the bitcoin but many of countries are looking to declare as a real currency . my country also is in this list to declare btc as safe and legal to use .

Like everybody here saying, the government could not control it and they would not benefit.  But I do not think so, here in our country it is like legal because we can buy or deposit our money through bank and then it will be deposited to our bitcoin wallet and then you can exchange it into bitcoins.  The government still benefit from it through taxes that banks remittance center, those stores that were partner of bitcoin wallet through tax.

Because the system doesn't yet have a proper mechanism for dealing with it. The fact that Bitcoin is used worldwide makes it harder for individual countries to set up laws to control it. And since countries can't control users outside of their borders, it is easier for them to just ban their own people from using it.

In theory it was not controllable by government. This was several years ago in 2011. In practice people use it to buy products which are taxed by the governments and exchange through banks. In the end a government still benefits from bitcoin and the benefits outweigh the negatives.

It's easy to create a law but a law is obsolete if they cannot enforce it. Usually law makers have zero knowledge of technology.

i think country will not give any statement about illegal or legal of bitcoin, but maybe they will only said that every people which used and play with bitcoin will have their responsibilities, so if anything happen, don't blame other people which don't used or playing with bitcoin. i don't know if there was any statement about illegal or not about bitcoin in many countries.

Bitcoin can't be illegal because most countries, governments or state laws don't even recognize Bitcoin as money, currency or financial assets.
In my country, for example, nobody recognize bitcoin.
Even if I want, there is no way to report earnings from bitcoin to the tax authorities.
I can only report earnings if I sell Bitcoin and exchange to other, ''hard'' currency. :)

I believe that the more the government will delve into bitcoints, the worse it will operate the system. Introduce some restrictions, taxes, etc.

because every state has their rules and regulation and they have their own policies, if you going to start a business or going to do investment in a state you have to get permission from government and after that you can exercise such kind of activities. as bitcoin is still not recognize by any start or got permission form any state therefore it is still consider it as illegal.

Nobody forbids use bitcoints. Just as long as their status is undefined. The government for the first time confronted with the phenomenon. Now senior officials think what to do with bitcoints

Using the money the government regulates the economy through taxes ensures the existence of the state. Bitcoin prevents and so its use will be prosecuted.

And how do you administer bitcoin? If he gets wide distribution, it is possible to destroy the whole world.

Bitcoin will always be banned. Who controls the money, rules the world. I think the Americans will not allow a large spread of Bitcoin.

Bitcoin has circulated only on the Internet. It is difficult to deny. And walk in all countries, only the national currency. And no country will not allow the circulation of other currencies.

Bitcoin was still illegal to some country, because its not recognize by the government constitution of law and they will not allow bitcoin to be a legal currency. Because  in each country has only one recognized currency which represent to every countries identity.. Bitcoin don't have own country identity. Just like peso it represent the Philippines, YEN represent the country of japan. And other currency represents their country. But unfortunately Bitcoin don't have. I think this is one of the reason why some other countries bitcoin is still illegal.

Any currency backed by state assets. What is behind the Bitcoin? Nobody knows. Therefore, he will never get the status of legal currency.

Bitcoin can break the monopoly of the dollar so America will never allow its recognition. And not only America had no interest in it.

And how it generally can be accepted as a currency if it cannot be kept in hand? And indeed what he achieved? There is not currency!

What will you do if Bitcoin collapses? Someone to claim? I am also against the recognition of unsubstantiated money

Bitcoin is a way to stay away from the banks, and of course government don't like that. Government like the idea to control our moneys and that's why some countries make bitcoin illegal.

Rather than the dollar for example is different from bitcoin? What difference in what currency to make money? The main thing that they could easily spend and the exchange rate was stable. In all this, bitcoin loses.

Why banks must accept bitcoin? It is possible to earn only on the Internet and spend there. Is it full payment?

I also agree. Let those who propose to accept bitcoin will show you an example and sell your property for bitcoins. But we'll see.

It will have all the time and it can be done. But Bitcoin is not ready for such

Bitcoin is illegal because the people who say what is legal have expressed that Bitcoin is illegal. But, Bitcoin is NOT unlawful.

Legal people are not any different than other people. In many cases, they are the worst kind of evil people. Make your own legalism if you want. Make your statement that Bitcoin is legal. Get your friends and neighbors to make the statement with you. Make legal Bitcoin strong in your area.

Just one thing. You need to stop partaking of the government. You need to NOT be a citizen of any government that says that Bitcoin is illegal. If you don't, you contradict yourself. If you contradict yourself, you will fail.

8)

Bitcoin will never be legal. You sell your house for bitcoins? This will get you the answer to the problem of legalizing bitcoin.

Interesting question.
In my opinion, because we are competition to the banks and they don't like us.
Also, government don't like us because of anonymity on Internet.
They can't control Bitcoin, and can't force us to pay taxes, report it as income etc.
Nobody is owner of Bitcoin, and nobody can control bitcoin.
Because of this reason, I don't really think that Bitcoin will be accepted by any official institution in the world.

Maybe bitcoin was invented to undermine the economy of underdeveloped countries? After all, not the stability of their currencies makes people to look for earnings in other currencies.

Because Bitcoin is the tool for normal people to stand up against hard-core capitalism and capriciousness of the central banks world wide.
There is an elite that is fearing the potential of Bitcoin for the masses.

What is the potential? How many people have bitcoin and what it can buy? The role of bitcoin are overblown.

No, it's simply a transfer of money without third party  :D  The idea that it can take down central banks is a joke, banks and government are intertwined.
 

I can't understand, and who is stopping you to earn money online in dollars? Why bitcoin? Although I don't know how the Internet money.

At least in Russia the bitcoin and not go but the earnings in the Internet is not controlled. Will earn in other currencies. What's the problem?

I don't really believe in the theory of world conspiracy, but I think that bitcoin is some sort of Scam on a global scale. To store their savings is very dangerous.

I was quite happy with the dollar. Can not understand that you are not satisfied. If you want to buy such a car for bitcoins,then buy,but who you sell it?

Where do you store your savings?

I keep the dollars in the Bank. Then buy a property and rent it. Have on hand lots of money is not always appropriate.

The legalization of bitcoin does not benefit anyone. I think that even those who use it. Who and what will provide the currency?

What the Internet can ban bitcoin? I think the Internet can be everything. How can they tax it if it is not recognized?

Who wants to share their influence. The monetary unit allows any state to exercise control over the economy. They are already competing with the dollar, and then there's bitcoin.

Bitcoin is illegal in some countries because of some reasons. First of all, The governments don't like it. They see it as a threat against banks and fiat but not that big of a threat for now that's why they leave it alone for now. They also think that bitcoin = drug money many thinks that way because of media saying bad things about bitcoin. Finally, it is illegal in some countries because it tolerates cybercrime since the one using it is anonymous making it easy for him/her to buy drugs etc. on the deepweb that the police don't like.

Bitcoin is still illegal in some countries because government don't like it. They don't like it because of some reasons. First of all, bitcoin gives anonymity to it's user. It also gives users the chance to evade tax because of the anonymity it gives. Because of anonymity too it can be easily used for crimes and illegal transaction thats why they dont like it.

bitocin is illegal for some countries , as they consider it as illegal currency but still most of the people have no statement about bitcoin therefore bitcoin is not illegal for them.

bitcoin not ilegal
but much country not yet regulated this bitcoin

There are only few country that considered bitcoin as illegal and most countries does not implemented a law for bitcoin yet , like in a certain country from asia . It is not yet accepted in many stores or etc and it is not yet accepted by the government only some private sectors are working with bitcoin but it doesn't mean that it is illegal .

for some country the reasons why they are considering bitcoin as illegal or why they are not yet accepting it , maybe because of it's anonymity or they are thinking of it's use for some illegal transactions . and other reason is that they can never get the control of it's production of course they looking for tax i guess just like what the government are doing with our money .

There is nothing illegal with Bitcoin at all and even the price is not stable, i can make some money just by investing.

The government is abusing the power of fiat. They don't want people to wake up and know that fact so they ban Bitcoins in their country. That would make people that already knows about Bitcoin to stop talking about it since it's illegal. If he's going to open it as a topic, most people would look at him as criminal or some sort of hackers.

To be honest, even if Bitcoins get illegalized somewhere in this world, people would still be able to use it since the Bitcoin network is decentralized.

Such decentralization does not happen. Someone manages them anyway. And I highly doubt that he will be able to compete with the dollar.

I also think that Bitcoin can not compete with the dollar. He's just an alternative currency, and will never become mainstream. No it does not prohibit, but will not make the official currency

Bitcoin can go to the Internet among advanced users, but the spread it receives. May soon disappear altogether.

I also wouldn't be surprised if tomorrow bitcoin will disappear. He has no future and therefore no one will ever legalize.

Bitcoin is a big Scam which will affect everyone. Then let's see what will say those who wanted him to legalize.

because not yet regulated, only several country is regulated
not owner, founder satoshi nakamoto anonymous

im never hear any country ban bitcoin, and i think it's ust not yet regulated.
in my country bitcoin is not a legal currency and not a illegal activity too. it's seem only not a legal payment processor, but you still can use it.

Corrupt governments hate something that they have no control of.. therefore it's easy for them just to ban it.

In my country too, no one forbids the circulation of bitcoin. Just nobody wants it. Its circulation on the Internet will not solve the problem.

Why deal with bitcoin? Enough not to help it spread and he lost. Bitcoin is a fake and very soon people will understand it.

I guess, they're reason is if they cannot make money its illegal, since money controls people. and they cannot control how bitcoins works, they dislike how the monetary system works, 

Bitcoin don't really needs in some countries where they don't accept it just because they their goverments don't wants to have another currencies to be use dollars is already okay for them if bitcoin will unban in some of countries like russia then it will be good as well bitcoin will be more stronger and more reliable in the future.

Russia is one of the first wants to introduce criminal responsibility for the execution of the cryptocurrency. The ruble has always been called "wooden". No one appreciates that. As soon as you can earn currency, people will do it. Russia's economy is already falling, and in this case will in General collapse.

because the government can't control  it.

That's for sure. The government is afraid that cryptocurrency negative impact on the economy as a whole. Therefore, in many countries of Bitcoin illegal

Perhaps the price will be strengthened further, but only on condition that bitcoin will be outlawed. His popularity will only grow in the more civilized countries, and in other possible price will be much higher.

It is now much more interested in bitcoin started because it can use or have already done so, in illegal and unlawful projects, so anything is possible.

Perhaps still quite early to say a total ban on the trade market bitcoin currency and recognition cryptocurrency general. The fact that this market is still very young, and bitcoin not become so popular that it began to be considered with larger assets. I think that is still to come and bitcoin legalization will come soon.

Actually not a lot of work needed to recognize bitcoin as waltzes and legalize it, to start power really want to have control over cryptocurrency and admission to all financial transactions. This may be the first condition.

It is legal, even Russian government admits it is legal now. Where is illegal?

i think because the government is not yet informed about the online virtual currency. maybe if someone can explain about this it will be legalized in your country. just hope that anyone will defend the side of the virtual currency in your country. or if not you can trade secretly from your country to another to have an extra income.

The government somehow believe the income of its citizens and their. And therefore, they do not want to share with anyone. Therefore, never recognize bitcoin.

I think that America is not beneficial to accept bitcoin. She will do everything to in the world no country did not. Why the dollar competitor to bitcoin.

First of it's very hard for a government to controll the use of Bitcoin so in democatic countries it's almost irrelevant whether it's legal or not. In the non-democratic countries the situation is different though: a neighbor might snitch on you and your place would be searched by the police, your computer confiscated and then even you never used Bitcoins they will "prove" that you were using them and put you in jail.

Why be put in jail? I think that such reprisals will not be. Just bitcoin will not be recognized. And if they want to ban bitcoin there is nothing difficult in it is not.

Most of the government officials are corrupt and secretly stealing the people's money and I think this is also the one of the reason why do they ban and set bitcoin as illegal because they can't steal people's bitcoin. The other reason might be because they found bitcoin was hard to manage and they don't get what it bitcoin really all about, and the other thing is because in some country, bitcoin is the most payment that is required to buy drugs online to stay anonymously to the public, that's why the government get rid of it before it get worst.

If you allow bitcoin, the economy of weak countries can collapse. Why work for not a stable currency if there is a bitcoin? The world will be chaos.

Yeah same here in my country that most of them and governments are corrupt but we have new elected president and hope those corruption will gone..
And if bitcoin will be connected in government i think that it can affect the price movement of the price because its government do like our fiat..

There will be chaos if the government will take proper laws regarding cryptocurrency. This allows you to control cryptocurrency. And benefit from this and get people and government

It is because bitcoin creates by binary program only. It is not totally illegal it is half legal because it is created by satoshi nakamoto. It is also for good money transaction in the internet which you can get bitcoin over the faucet and forum or given to you by your campaign if you have.

Bitcoin in my country is not prohibited. The government did not take a position on this issue. Probably afraid to make a decision

BTC is not illegal at all. As the government has not allowed it, people thinking its illegal. But think once: " has the government banned or restricted all countries from using BTC?

the government does not like the fact that it can not control cryptocurrency. But it can not ban Bitcoin, because it will cause strong public resentment. Therefore, the government issues laws that control this type of currency

Until not be accepted by the relevant law which prohibits, Bitcoin is not considered illegal. In my country there is no such prohibition. So I freely use Bitcoins

many had a misconception about Bitcoin. many believe that they are used in illegal operations. This is all due to the fact that little information about cryptocurrency.

Bitcoin in my country is not prohibited. I was allowed to freely use this cryptocurrency. Taxes I did not pay for its use

And that is why the government do not allow bitcoin to serve as alternative financial system because they cannot be able to manage its production and also they cannot be able to order a tax to every users .

and prohibit the government can no longer cryptocurrency. This will cause strong protests from many users. But the government really wants to control this sphere of life

But of countries in developing countries cannot allowing this because they cannot control this and worry about use of this money can flow very quickly and they cannot manage to control this in developed countries they are allowing and most of peoples using this without any worry

What government ever wonder what the citizens think? No one will listen. Just ban and all. What will you do? The protests dispersed, and users not so much.

And why is it legalized? Bitcoin is used by a very few people. Why make him walk? Money is the economy and no one wants to destroy it.

In order for countries to recognize bitcoin currency, you must first enable the government to monitor users and take taxes from them. This is perhaps the best answers.

The government will be punished for any reason, and if bitcoin will be outlawed, no rallies will not help. It already has jurisdiction, sweaty that the state in money matters, it is all very quickly.

Just think, when the government made it possible to receive money person and do not take interest from him? I think as soon as the time comes for the legalization of the power to quickly come up with methods for paying taxes.

here also in Philippines, bitcoins was not considering illegal, some store nor remittances also selling bitcoins proving that bitcoins is not illegal, i think others was thinking about it because bitcoins doesnt requires you to pay even a single cents for tax. bitcoins are still not regulated by the Bangko Sentral ng Pilipinas (PSP) and they issue a statement on risks associated with bitcoin trading and usage.

Don't know where you are based, but you definitely should reconsider to make sure that you understand where you stand taxation-wise. The fact that you do not pay taxes does not necessarily mean that you do not have to.

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.

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?

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  ;) 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 :)

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.

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.

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.

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.

Where are bitcoins illegal? China?


Edit Nope.

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.

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.

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.

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.

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.

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.

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

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.

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.

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.

Well, let's start with the fact that China considers Taiwan its territory. As for bitcoin it seems to me that it is the work of the global stock speculators and very soon they will cease to exist.

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.

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?

Only the legal business can add the popularity of bitcoin and the main thing that no accepted.

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

anonymous transactions, lack of control by any regulators, the absence of any security given algorithmically limited emission, inability to cancel the transaction, all of which can have an impact if you use bitcoin illegally.

For example using a means of payment without necessarily identifying the members of the operation, rredstva of crime translating into such transactions to make easier. Also on hand to criminals irreversibility of committed transactions and block any transaction, even if we know exactly what this purse belongs to the perpetrator.

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.

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.

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. 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.

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.

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.

Since you made bitcoin transactions, I don't think it would be easier for the government to track you if you exchange it for physical cash. Unless you did illegal activities and someone reported you, that is the time, government will focus on you and will find way to track you.

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.

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

bitcoin is not illegal but some ppl use it in criminal activity

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.

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.

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.

Don't forget, people fear what they don't understand.

I guess it was not included. Because if bitcoin is legal or illegal is automatically definitely people, especially the government will know about bitcoin so they can declare bitcoin is legal or illegal. So I think the fear of what is not understood is not included in one of the factors why bitcoin be illegal.

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.

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.

There were several court decisions worldwide where featured Bitcoin as payment for drugs. Thus using bitcoin can pay for all criminal transactions. But the court did not find evidence against bitcoin.

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.

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.

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

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.

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

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

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%.

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.

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

I'm really not sure as well what "illegal" means here as I haven't yet heard of any country banning the use of bitcoin, or cryptocurrencies in general. Yes it is widely used in online gambling and casinos which is illegal in some countries, but the use of crypto isn't confined to that only. There are other use bitcoins that would make it easier for online transactions over long distances like for money transfers and online payments.

I am really not aware to some countries banning bitcoin but as long as I am concerned I think It's because of its illegal application that   results to Illegal actions Like buying Drugs , pornography and many othere Illegal activities that requires payment , It's because bitcoin stays anonymous and can't track the user behind that address/transaction.

They say that kind of "Illegal" in their own minds. It can be "Illegal" because of the use of virtual money in gambling and casinos. There are other use of bitcoins, like money transfers, yet, we cannot assure or it can be legal for others who do not know where does the bitcoin came from. So some countries cannot trust bitcoin, because of securities, and can depreciate money or can make their own money.

Yes, we cannot track bitcoin address/transactions, we cannot see where our "Virtual Money" will go, what if there are illegal transactions? What if hackers do illegal transactions? We cannot track their transactions, can do some illegal activities like hacking bitcoin accounts, and do some illegal things that involve money.

In that case, gambling can be termed as illegal, and not Bitcoins. Online gambling is prohibited in most of the countries, and in some countries it is a criminal offense. But then, even credit cards and PayPal can be used for online gambling.

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. 

The first step is to ban bitcoin opponents cryptocurrency looking for reasons. And the first thing to which they pay attention to it on the illegal use of bitcoin. This should be avoided if we hotit good future for cryptocurrency.

The answer to why bitcoin is illegal is because it has not be legalised by those countries you are making reference to. For countries that are quiet, its then assumed to be illegal since it's not legal and to those who are outrightly saying it is, they have their reasons but I am sure its not unconnected to the fact that they are unable to control the flow bitcoin transactions.

You can not mix with products that bitcoin is against the law. These are the same drugs or weapons. In one of the States has been litigation over payment for drugs via bitcoin.

Already, many countries are trying to start controlling financial transactions bitcoin its citizens. But this can not yet do. But if you trace and link criminal activities and money transfers via cryptocurrency it is very bad.

Charge users in a variety of possible fraud has a specific purpose, but what people do not use bitcoin clean at hand, it has already been proved. It is necessary to clean its ranks.

You do not even need to be engaged in illegal activities, and if the country or the government conceived to punish for non-payment of tax, the user bitcoin is outlawed and punished. It is illegal bitcoin.

in some country there are no laws to use of bitcoin transactions and government can't control  it

The best answer is the government is not ready to formalize bitcoin, they still worry that bitcoin could disrupt the circulation of fiat.

Why could disrupt fiat currencies?

Because legalized something must have accurate data and details of its users. If this can't be resolved, majority of people will move to bitcoin, and enthusiasts fiat is much reduced. It would be a national disaster. Anonymity is very taboo for a country, because it means the state can't keep track of all activities.

There are only two options for thgovernment:

- Think hard to mastering bitcoin technology (in collaboration with blockchain / create own crypto technology such as Japanese)

- Don't care about bitcoin

We see that China is still a problem with bitcoin until now.

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

Bitcoin is not illegal in some context but for it to used without fear of legal punishment, it will needs some legal binding. Most illegal use are on anonymous browsers, through darknet sites and purchase illegal goods such as guns, drugs etc. Such portray the bad use and if such transactions are caught they should be punished.

Bitcoin illegal only from the state government rules only, proof of Bitcoin could be used in the countries that indeed such rules. Bitcoin is not shaped the same as conventional money is there, therefore no one will be able to stop Bitcoin for use during the country's still no internet connection.
The government with the rules is not wrong to issue a policy like that, maybe they are worried because Bitcoin yet familiar and still many people who still do not know and understand Bitcoin is also a way to use it.

That is the main reason the government can't control bitcoin transaction, they don't still know how to hold those things that is why some countries just banned it. Other countries like here in our country allows bitcoin although not yet legal but they are studying it now on how to legalize this matter. I am glad that my country is open minded with this matter.

Regulations in some countries is actually not a whole bitcoin use regulations, but the use bitcoin as legal tender. So bitcoin can still be used but is limited and only for certain things in my opinion. And you are right that many government issued a policy that's because bitcoin is still questionable in terms of security and profit. But I'm sure sooner or later bitcoin will begin to attract many countries to start using it.

I doubt that ever country in the world recognizes the cryptocurrency. I don't see any sense in it. In any country there is a national Bank that regulates the monetary policy of the state. Why lose this control?

Government insist to present the bitcoin as they can't get any tax from it unlike in the foreign exchange, they collect tax from the online wallet like paypal, neteller, and etc. As time goes by, bitcoin shall be recoginize as the most reliable transaction method online. Goevernment's abused in giving tax for transaction must be stopped. Bitcoin, will set us free from that, bitcoin should be recognized by all of people.

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.

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.

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.

That's a stupid reasoning. When someone uses a currency to buy something illegal, whose fault is that? The currency's? ;D
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

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.

Nailed it!!

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.

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 :'(

Bitcoin has a value. However, in your case, it doesn't have a value only in your country, not in gobally. Hence, you can convert it into fiat any time you want giving it a value. If you want to convert it, just sell it to other people in other country like Nigeria, so that you can be able to convert it into dollar via paypal, neteller or etc. Sooner, it'll be accepted in all countries.

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.

Today in some countries bitcoin legally use, and some is quietly looking at it. But there are those who have already equated with bitcoin transaction to the crime. One must be careful with these things.

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.

The thing is that in bitcoin are a lot of money, and the popularity of the temptation to use bitcoin attracts more and more people and businesses. And the result is that the state loses revenue in its budget. This is the two by two.

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.

cauz its threatens normal currencys

Bitcoin will never be able to displace the generally accepted currency in the world. Now look at the distribution of bitcoin. It is insignificant even among people who spend a lot of time in the network.

Never say "never". Because you don't know what holds out in the future.

Also, you can't say that the Bitcoin user-base is insignificant. We are more than one million, and growing steadily (after a brief period of stagnation). Some of the fiat currencies don't have that many users.

To ensure that the currency had some perspective should be her turn. How much you can earn bitcoins? To change dollars into bitcoins, why? The same can be purchased without the extra exchange.

Of course, you can buy all of bitcoin, but the only question is where? Not so well developed business in order to offer products for bitcoin. Besides cryptocurrency not everywhere it has a legal status.

To speak now about the future of bitcoin too soon. At the moment I can say that in this scenario bitcoin have any prospects that I can see. Especially that question of cash circulation of bitcoin is not even discussed.

bitcoin future is quite promising. I think that the price for today although it has not a stable performance, but still its level does not drop to the critical.

Bitcoin itself isn't illegal but how you use it that matters the most.

Some countries have already taken measures for possible blocking of cryptocurrency. Until we see an active struggle with this phenomenon but this is for the reason that the speed of cryptocurrency is very small and does not pose a threat to the economy.

Bitcoin can be use in black market you can use it to pay anything you want online,
And it is hard to trace and also it has no tax so many country is really against it.

Yes many country will always be against it but for looking at bitcoins it looks like people will continue using it for many years.

Possibly will but it depends on how is the demand for bitcoins. Who can predict what the rate of bitcoin will be in a year? And the demand for it. Tell me what you can buy with bitcoin what not to buy for the dollars? Besides, I don't know people who have a lot of them.

Bitcoin can actually exist for many years, but if they are on the black market for bitcoin sell illegal things that can very seriously hurt bitcoin.

That's right, because the surcharges have even greater opportunities than bitcoin, although some also bitcoin can act for the asset and vehicle storage savings without state control.

I do not know many countries that consider Bitcoin illegal, where did you get this information? Even China, which has a very authoritarian government, does not consider Bitcoin as an illegal currency, despite imposing a series of restrictions.

When giving examples, that countries such as Ukraine and Russia for example in different ways relate to cryptocurrency. Despite the fact that Ukraine has not officially recognized bitcoin, bitcoin some banks engaged successfully, and Russia all have imposed restrictions and thus legally.

There are several countries around the world, where trade or even possession of Bitcoins are illegal. Examples are Thailand and Iceland. You can check the map below, to find out the legal status (green = legal, red = illegal):

http://btcgeek.com/wp-content/uploads/2014/01/Bitlegal.jpg

All in all bitcoins will be used by every individual for his safety and security government can't do anything about it. Bitcoin is same as torrent downloading as many countries are against the torrent but still people use it.

Bitcoin is the only currency free from the control of banks, governments and tax collectors, the parasites don't like that you give nothing to them

Because Governments like to control us like zombies.

The Governments is everywhere.
It is all around us.
Even now, in this room.
You can see it when you look out your window or when you turn on your television.
You can feel it when you go to work... when you go to church... when you pay your taxes.
It is the world that has been pulled over your eyes to blind you from the truth.

That you are a slave.
Like everyone else you were born into bondage.
Into a prison that you cannot taste or see or touch.
A prison for your mind.

 ;D ;D ;D

The reason behind this is they don't want their economics will be encountered with bitcoin , goverments wanting to banned bitcoin for life because they believed that this coin will scam people in the end. Also goverments don't want other currency to be use on their countries.

The prohibition of bitcoins by some states is a problem of those states. Bitcoin is a legal system. States illegally define everything they can not control.
But the bitcoin can not be removed from the ban.

maybe its because bitcoin is not accepted by many country, i think the other reason is the government can not make profit for using bitcoin and if they want to get profit, they should make regulation for accepting bitcoin and they should make their currencies so they can push people to using their currency too.

Bitcoin can't be banned. That is the problem. It is not a physical asset, and therefore the government can't prevent its entry or exit from their jurisdiction. Also, unless the coins are converted to fiat, the authorities can't track them.

Yeah. That's why the states do not like bitcoin. Because they can not get tax from the money earned with bitcoin. Only when they are converted into cash and transferred to the bank account.

But in the future we can use bitcoin without converting it to money. Then they will not be able to follow in any way.

This is just one of the reasons. Another reason is that the government does not control the number of bitcoins in circulation and cannot use the issue to manage the economy of the state. Additionally, bitcoin is a direct competitor to the dollar, and who let it? But there is good news. Until they do not consider bitcoin a currency, the taxes he no need to pay.

because bitcoin might be considered a gamble, but they do not know that bitcoin is a livelihood to make money by not gambling or stealing.

But in the future I think that the states will go to a system like bitcoin. They will create a system in which Bitcoin will become centralized and controlled.
Especially the blockchain technology is being examined by the finance sector. States can do something like this because of its fast and secure nature.

bitcoin not ilegal but not yet regulation

Even if you use Bitcoins directly (for supermarket purchases, utility bills, buying gasoline.etc), it can be taxed. The government can just ask the retail chain to impose a surcharge on the Bitcoin payments. So if you are paying with BTC, there will be a 2% or 3% surcharge, and this amount will go to the government as tax.

In any case, the 2-3% is less than to pay the taxes in full. I am sure that the government while turning a blind eye is not the use of bitcoins because the volume of use as not affect the economy. While using bitcoins is profitable only to the exchangers.

Bitcoin is not illegal in countries which it is being recognized. Government's bank is making now a move to start accepting bitcoin as a currency. We know they are interested just for the tax, on the other hand they can also help this to develop for the sake of all sectors and make it successful with their connections.

I disagree with you. In addition to taxes the government is able to manage the monetary policy of the state. This allows you to fight inflation and in time to withdraw from circulation the extra money. In addition, when recession can make the issue. How to do it with bitcoin? No States are not interested in bitcoin even if they would pay taxes.

In the future if we can use our bitcoin without converting it to money the government will also adopt to the situation. Taxes will still be placed and taxation on cryptocurrency will also upgrade. Let us not underestimate the governments authority and resources since they are capable of many things including monitoring every transactions on your secret wallet.

If your country recognize bitcoin it will never be illegal it will be always legal specially to those users there are countries that dont recognize bitcoin where they accused bitcoin as ditigal scam investment online but here in my country they already accept bitcoin and yet we are happy earning and saving coins.

Tell me what country you live in? If it is not a secret. I have not heard that anywhere in the world to officially recognize bitcoin. It seems to me that he still has no official status currency. What Bank will officially open an account in bitcoin? Only the Internet resources that are not state facilities.

Interesting point dude.
Some governments and countries recognize Bitcoin but they make a regulations that they will benefit it like inputting taxes from exchanges.

In such countries, there are a variety of taxes. The exchanges have to pay corporate taxes on their profits. The users have to pay VAT on their Bitcoin purchases, and capital gains tax on their profits. The employees of the exchanges have to pay income tax on their salaries, and the company will have to pay labor tax and the social security for the employees.

that's right they are panning to put taxes with exchange so they can benefits with btc, might be much better instead of banning bitcoin we should be happy if government will place some actions to make some earnings too like taxing local exchange in our respective countries in this way adoption or recognizing bitcoin will be much possible in every nations.

They can tax when they control their bitcoin earnings. For example, a supermarket has to mention how much it sells. The arrival price of the products and the selling prices of the products are certain. He has to show his earning correctly. It has to show how much sales are done with bitcoin.
When all this information is given, he will have to pay the necessary taxes.

So someone who opens a business has to pay his tax.

That depends on the government. If they think that the benefits (tax revenue, reduction of crime.etc) will be more than the drawbacks (tax evasion, dark markets.etc), then they will legalize and regulate the Bitcoins.

Yeah i think there are already some countries in asia that's looking into and making studies on how to make bitcoin beneficial both to the government and its citizens. I've read that in the philippines, the central bank there is already finding ways to legalize bitcoin. I think we're niw in an age when digital currency would be introduced and more country would implement its use, nit just bitcoin but digital currency in general. We may have more people engaging in trading alt coins as well as investing bitcoin for long term. Btc may be illegal in some countries but as more and more people are using it, these countries may have to give in and legalize bitcoin

I guess if you have someone happened to legalize bitcoin, it would be a very good example for all other countries.

If the question of legalization of bitcoin will be very serious, the authorities will have to find ways, and users will have to pay taxes.

If bitcoin will be used in unlawful transactions, the major governments will be forced to either make all for the ban.

If a majority of the coins are used for illegal transactions, then I will agree. But if just 1% or 2% of the total coins in circulation are used for illegal purposes, will you support the ban on bitcoin? It is not fair.

Some logic in those words is still there. The fact is that if the authorities still decide to make bitcoin legal, it will happen only when it finds the ability to control all financial transactions and that all users report their income and taxes paid. Therefore, if the users agree on legalization, we should be ready to control.

bitcoin has no central government so any of gov department cant track the transaction so some of the contry still bann for the bitcoin use ::)

If the use of bitcoins will have to pay taxes and all transactions will lose the anonymity that bitcoin will be the same currency as everyone else. Why would it then need? I think it will be the end of bitcoin.

Just I wrote a comment to a thread where users are hoping that bitcoin will save the world. But I want to say that if bitcoin will be drawn into illegal transactions, it is very much hurt bitcoin.

in my country bitcoin is accept in some place only but government is scare about illegal activity or to cover illegal activity
sample has been proof like they use bitcoin to do drug transaction and firearm

It is good to let the government decide whether they can use the bitcoin or not. We should let them first use the bitcoins, because we cannot use them illegally. We cannot assure that bitcoin will last because it includes money, we know how important the bitcoin is. Government must implement bitcoin first, before we gonna buy or we gonna use bitcoins. Instead of using bitcoin, we should know what will be the advantages and disadvantages of it.

The governments (especially those in the third world) don't know much about the advantages of Bitcoin. What little information they get is from the highly biased mainstream media. It is our responsibility to educate these people about Bitcoin.

It is used on some illegal activities and the Government do not know anything about it because they cant track the transactions of Bitcoin. Although some country still accept bitcoin without thinking this.
If you think of it, Bitcoin really favor the users, than the Government. Bitcoin is free and you can really do anything with it, that is freedom for you, though that is the reason why some government are minimizing the use of these digital currencies.

Bitcoin does not have a central government but everything is transparent when it comes to bitcoin as you can check each and every transaction in the blockchain. So it is basically not a untraceable currency like you think it is.Why government are not approving is a different debate altogether as they might be learning about it.

While not illegal here the states I do notice that even recent media reports about Bitcoin talk about it being used for illegal purposes.  Lately this seems to be the news :

Bitcoin hit a new record high
Bitcoin is a digital currency that can be used for anonymous drug purchasing.


Forget all the regular day to day stuff the bulk of bitcoin transactions account for, let's focus on the few instances of bad.

Bitcoin may not be 100% anonymous, but it is quite difficult to trace the transactions back to a particular individual. I am not saying that it is not possible (for example a few users traced back the Sheep Marketplace thief), but it takes a lot of effort and time.

In another country they use funny money painted mostly in green, to purchase firearms in a drugstore!
Maybe the fundamental problem is hypocrisy, not currency.

It was banned, because they can not control. To prohibit such a currency is meaningless. It can not be taken or proved that it is someone's. It is also pointless to officially recognize such a currency.

Why is anything illegal? Normally because the government has made a law that should in principle protect the citizens or the stability of the society that they have been trusted to govern.  Moving massive economic value out of the country, has a destabilizing effect on the economy, at least in theory. And bitcoin is considered one such threat.

I think that buying illegal goods with the help of bitcoin, is not a reason to prohibit crypto currency. Drugs and dollars are buying, but the dollar today is very well in the currency market.