Bitcoin Forum

 I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me

Bitcoin is a digital decentralized currency,in the sense that no government nor Central Bank has any control of its price nor value,and there abounds no regulations whatsoever in the system...

Due to the absence of regulations and it's pseudo-anonymity,its viewed as a scam by most people and nations alike, hence some nations have placed a permanent ban on the currency and stopped every cryptocurrency related activities within their shores.

Other reasons abounds why nations are trying to crack down on the system, as its viewed as a direct threat to Fiat and it's safe, secure, transparent and quick transactions is much more attractive, hence most governments do not want such competition with their national currencies..

Bitcoin definitely is purely Legal ,but due to the aforementioned reasons you'll do well to confirm if it's legal in your Locale ,you could surf the internet for that information ,as I'm not privy to it,i can't really tell you if it is Legal over where you are..

Despite the fact that it's legal,the system is also used for fraudulent activities by scammers so you'll have to be careful on it,
Make sure you keep you private keys "private"
Store investments in reliable exchanges(Beware of fake exchanges)
Beware of phishing SCAM
Always use a reliable bitcoin wallet(Hard wallet)

 :)  :)  for my opinion about bitcoin, just me bitcoin is king of all crypto coin nothing else is similar and it is just alone. sometimes there are people who do not believe in bitcoin and there's also a country where bitcoin is not acceptable in their area, but for me there is no doubt this is one of the best digital currency in the world so it's a bicoin legit for everyone and in our future.

Legal, but taxed in most countries.

What is the bitcoin status in your country? I think if your government is not giving any statement, then you can use bitcoin and you can try to make money from bitcoin. It depends on each country, and I think some of the countries still not allow bitcoin to be used but the other country uses bitcoin for legal. Perhaps, you need to discuss this with your friends from the same city so you can know what the situations in your country.

Hi there!
Bitcoin is legal. That is what I would say.

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As far as i know, in my country it is not legal already but it is operated in selected establishment. Some accept bitcoin as a payments system. So i think it is near to be legal.

Bitcoin is definitely a legal currency,but its legality ultimately depends on your country of origin/residence...
 
Few countries have actually cracked down on the system and stopped all its activities by their citizens and within their jurisdiction

So try finding out if your country is one of them,if not then you're free to start trading on the bitcoin and other crptocurrencies

Good luck

Well, some countries don't accept the use of bitcoin for exchange of goods and services. Meaning in these countries, the use of bitcoin is illegal. But looking at the general scope of the world population, majority of countries use bitcoin and they have not tag bitcoin as illegal. In such countries, Bitcoin can be say to be legal to use, since there are no regulations regarding not to use Bitcoin for transaction.

if you are new to crypto currency, I think bitcoin is a good crypto currency, for legal or not, if in your country legalize bitcoin. that's a good thing

Depends on where you live but most of the countries, its legal.

https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

You should do research on what's the situation of bitcoin on your country so, it will clear your doubts and you can share it to us on what's the current stand of your country.

there are still many countries that have not officially legalized bitcoin but they also do not prohibit the existence of bitcoin at this time, because bitcoin is not a legitimate payment currency in every country so bitcoin always moves freely as an investment tool and stock purchases, the country has no good reason to stop bitcoin and also forbid it

The legality of bitcoin depends in each country. If your country hasn't policy or statement about this currency, you can use it legally.

It’s legal but a lot of illegal things are going on! Most specially scammers all over the crypto world but theres a solution. A project called MyShield an Anti-Scam platform this will give us full confidence in all our online crypto transactions.

Bitcoin like cryptocurrency is legal in most country, only in  many countries are taxed. if you earn it by trading or mining you must pay profit tax but this is not the case in all countries, so you have to find out what the situation is in your country.

There has been a lot of discussion on this topic, maybe you did not find the same topic because there may be many topics discussed in this forum. However, this is good for reminding us of the bitcoin's negligence in each country. Of course, each country has different rules regarding bitcoin, some are legal, some are just suggesting, even there are countries that openly reject bitcoin. Although some country views differ from bitcoin, still any government cannot stop bitcoin.

Well, if you want to know about in bitcoin first you must know its usages and features has too. Then, if you are going to search it on google bitcoin was decentralize system concepts, which the government don't have any authority to control bitcoin because each government of the nation was being categorize in centralization. But, some country like Japan they regulated bitcoin as one of their secondary currency to their nation.

Actually, Bitcoin is not yet fully legal, but some countries have made it legal. In the case of Bitcoin discussion every day it is becoming popular. And the day is not too far when Bitcoin is completely legal. As all of us knows it is, the king of all coins and through this can make life even better.

Hey this question should contain which country you're from, as each country views bitcoins separately some view it as a currency, while some have banned it. While on it's own Bitcoin is neither legal nor illegal, the only thing you should keep in mind are the taxation aspect, your government regulations regarding this, and whether your bank will accept money from exchanges.

My advise is to do a quick google search something like Bitcoins rules in --- country, or taxation of bitcoins in my country you should get your answer there.

On my opinion bitcoin is a generalized type of currency that every nationality in the world may have. It is a private and secured way of storing an amount of money in a simple system of crypto currency. Therefore it must be legalized but limited to those who understands the use of it evidently.

Well crypto currency if it is legal or not will depend on the country in which he is the citizen of as few countries have made it illegal. Only countries which have either made it legal or under review where you can actually trade else you can fall under some of the law of your country and can get prison or penalty as your country law states.

There are several countries that legalize bitcoin, but not all countries can accept bitcoin. Even though it's not legal yet there are countries that allow using bitcoin. Maybe in the coming years other countries can accept bitcoin and legalize it.

bitcoin in my country legalized. in your country legalize? try to find out information? but if you are new to crypto, there are many advantages if you study crypto

Bitcoin legalization status is different now, depending on the decision of each country, where do you live? whether your country legalizes bitcoin, try to discuss in your country's local thread.

Bitcoin is legal in some country but some are prohibited to transact or use bitcoin. You don't need to worry about bitcoin as long as you research and buy only on legit website.

there is no legal official regulation of bitcoin or not, it's just a rule from every country. there are countries that legalize crypto including bitcoin, but there are countries that prohibit. so think and carefully how your country policies before you start bitcoin so you can be more confident.

Your participation really matters. You need to explain what you wish to know exactly. Where are you from? Regulations vary in all nations so does crypto acceptance. Bitcoin is legalized in many nations but is still not accepted in others.

Bitcoin, digital currency, illegal or not, depends on the country's government ?, there are some countries that apply bitcoin / cryptocurrency as an illegal currency traded in that country, depending on where you live. and as I said it also dependson accepting positive or negative governments and bitcoin policies.

Currently, only a few countries are legalizing bitcoin. But in the future, bitcoin can be widely used and legalized globally.

bit coin ıs not legal for now but ıt wıll be, but bıtcoın ıs also legal for now because there ıs no law for it :D

so thıs questıon has no answer so far, goverments tryıng to solve that sıtuatıon, ıts a lıttle bıt hard to solve thıs

If you're asking me if bitcoin is legal or not then all I can tell you is that it depend on what country you are now because some countries had already declared bitcoin as illegal to their country but there are still countries out there who are not against to bitcoin so their people could still use bitcoin freely in trading and as a currency.

Bitcoin is legal or not, all of this depends on each country. Many have relied on the status of bitcoin, this has become commonplace, the growth of bitcoin is so fast that many people do not view the official or not, we certainly are plunging to develop bitcoin that has great potential.

Where do you live ? bitcoin is legal in some countries, especially developed countries, and is illegal in several countries, especially China and other Asia. this must refer to one country object, there is a lot of discussion about this. the most important thing is when you want to find knowledge through reading in various sources to be insightful, now the rest you can discuss it.

The growth of bitcoin and the legality of bitcoin have something in similar. If a certain government accept crypto as legal there will be a growing interest among people to get into it and try it out for the risk takers. Similarly there will be a boost in the local trading of coins and there will be a pump in the market. This will also be associated with some increase in frequency of scams using crypto and FUD news from shady agencies.

To know more about the legality of bitcoin based on countries check here:
https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

Definitely legal for me but few countries don't accept yet ,their want to use Exchanger in this opportunity.but I know Bitcoin is the legal some development countries and many countries day to day trying to accept bitcoin service provider. Especially in my opinion will few days later Bitcoin going to good currency in every countries.

It cannot be termed as legal or illegal at this moment. Most of the countries dont have any rules or regulations on crypto yet and still thinking on what can be done. Some countries have started making applications on blockchain which see bitcoin as a future of currency.

in my country it's not legal what about your country, legality is depending on where you live, so that's just an easy answer to your question now

There is no legal arrangement in many countries yet. However, many countries have started to show their attitude.

In my opinion, all depends on how the rules in a country are made for Bitcoin, if in a country or government we don't issue any statement about Bitcoin, it means we can use it, but if our country issues a statement or a ban on Bitcoin it is forbidden use it.

if you are in a country that has legalized bitcoin as a valid currency, of course, your bitcoin is legal in my country, bitcoin is still prohibited from conducting transactions directly because bitcoin has not been fully recognized by the government as the current currency

Bitcoin is purely LEGAL, however, there are countries that have not yet legalized cryptocurrency and if Bitcoin is not legal in your country I think you should stop, you are using BTC in a counry that is illegal, which means you can get arrested.

bitcoin is actually a legal thing because bitcoin is used as a medium of exchange in cyberspace, but there are some people who use the anonymous nature of BTC to do something illegal like money laundering, drug trafficking, as well as human trafficking. actually is the same as money which is legal, but there are also some people who use it for illegal things

I do not even know how this will affect the bitcoin exchange rate, if only for it virtual assets derivatives without 100% security did not begin to rivet. Will it depend on that?

Bitcoin is a major discovery in the current financial sector.At present, governments of many counties have declared it valid and they are using it for their financial transactions.It is not legal in our country at present, but now it is going to become lawful now,and one day it will be declared legal of our country,not much at that time.

Bitcoin is legit when country accept it already for making transaction. It is not good for the country that never recognize bitcoin because that will make you go in prison. Bitcoin is legit and many are benefitted from it as you work for it or even investment. You can exchange it in many currency and even used for paying in stores more faster and many opportunity.

In some countries Bitcoin has become a legal payment instrument, and in some countries Bitcoin is banned. As far as I know, there are three state attitudes regarding the legality of Bitcoin. first, a country accepts Bitcoin as a legal payment instrument. here everyone can use Bitcoin directly. Secondly, a country's Neutral Attitude towards Bitcoin, meaning that the State does not prohibit its people from playing Bitcoin and also does not recommend it, meaning it is up to each individual. And the third is, the State prohibits Bitcoin, here every activity related to Bitcoin is not permitted by the government.

Bitcoin is a digital cryptocurrency. It is legally developed to enhance peer to peer transactions without interfere of any third parties with less fees, safer and quick. Govt of different countries considers Bitcoin either legal or illegal depending on their mentality and people's behavior of that country.

Bitcoin is totally legal in most of the country all over the world, but there are some countries that bitcoin is illegal, Such as China, Ecuador, Bolivia, and Morocco, there are several cases sentence those people that used bitcoin to these restricted countries.

Well, it depends on each country actually, some country actually has banned bitcoin and also some of their bank nation also said that bitcoin was an unvalid payment tools like my country has. But after all, as long as their hasn't block bitcoin I think its alright.

Its system is legal but there are lots of country dont accept this system especially to those country who is  the goverment is the cebter of their community , goverment are against to this system because for them it was a big barrier for them.

::). This is like asking whether it's legal to have gay sex or not in your country. Well how do we know. It all depends on the laws of your specific country, so either google that or ask someone in the know in your country (law enforcement or whoever). Bitcoin is legal in most places but there are a few places where it's strictly illegal.

I found this article which may help you https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp

But I have not checked the veracity of any of the information so take that into consideration.

It is legal but you need to know in county  are approve the bitcoin. So many county are not approve the bitcoin those county are not allow this. I know some county are inlegal bitcoin ( bangladesh,soudi arabia etc ) they are not approve bitcoin in they county.

In some countries there are those who have legalized the use of bitcoin, but there are also countries that do not legalize the use of bitcoin.
From which country are you from?
Because the country that legalizes the use of bitcoin, I consider it a country that has technological development.

It depends on where country you are. The status legal or illegal are different in certain countries. There's a country who is fully legalized bitcoin, there's country who is totally banned it, and some countries which is not legalized crypto but it's also not banned there. You can read or search to know which country who legalized or banned it.

bitcoin is a currency that is not centralized, bitcoin is not regulated by any party, then what makes this bitcoin illegal? of course bitcoin is a legal digital currency, which is not regulated, and even banks cannot declare bitcoin as an illegal currency because they do not hold it and arrange it

It is legal, but to some countries it's not and you have to really know what country you are in.

Try visiting this website for more info:
https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

It depends on the country where you live. Few countries do accept bitcoin and others do not. But just look at good things you can take from bitcoin and other crypto currencies. We have huge number of bitcoin users from varies countries. Either their country do accept bitcoin or not the citizens do accept it and find ways to multiple bitcoin and other altcoins. Just derive the positive points from what you know. Make it as a practice. My nation has not yet revealed if it accepts bitcoin or denies. But there are secrets revealed that my country is planning to come up with its own crypto currency. They have named as well. I am happy to see my government being open to new era and technologies.

Bitcoin is legal or not it purely depends on the government of your country. Many countries now accepted bitcoin as legal due its growth and profit. Many countries not accepted because people use it for illegal purpose.

For the first, bitcoin is a technology. But now it is new currency - digital or cryptocurrency with lot of speculations.

bitcoin is not legal, there are really countries that have bitcoin and many invest in it. I do not see anything bad on bitcoin and in cryptocurrency. the other countries are still confused and confident so they have not allowed the country to enter into the crypto.

This is a very good response, listen to this!

In depends on where country you are live in, because bitcoin hasn't accepted in the whole world. In US it's legal, whereas some countries in Asia mostly banned it. Find out how the status of bitcoin in your own country, whether it is legal or illegal to assure you about your question. It's beneficial and increase your understanding and your knowledge plus experience. You should be directly involved in investing, do it, and try to start from the smallest investment before you regret.

..as far as i know,,Bitcoin is the mother of all cryptocurrency..Bitcoin is a decentralized digital currency that no one owned and govern by the government..the legality of bitcoub depends upon on how you will going to use it..I can assure you that Bitcoin is not a scam..it is not fake nor illegal..if you are still having a double mind about tge legality of bitcoin,,please do a background incestigations and research to find our more what does Bitcoin really is.

Today, bitcoin is gaining momentum at high speed. But at the same time, there remain many questions from states that are not sure about the security of operations with cryptocurrencies. The faster Bitcoin develops, the more questions will arise from financial regulators around the world. The introduction of new, rigid rules and restrictions, as a response to the growth in the volume of transactions with cryptocurrencies.

Bitcoin is legal all the way and adapted by many users as well as governments nowadays. If you are really into bitcoin and crypto currency it's best to DYOR in order for you to learn all about crypto currency and bitcoin. Bitcoin is a breakthrough technology that already written in the human history and well supported by the communities all over the globe. So, it's never too late to put invest on bitcoin because everyday is always a good opportunities for crypto currency.

As long as our government will not make some move or pass a law to  make bitcoin illegal. Then it is legal. As of now my country is don't about bitcoin. And let us do bitcoin. So i think it is purely legal here in our country.

 
According to the U.S. Treasury Department’s Financial Crimes Enforcement Network, as of 2013, using bitcoin to purchase well-natured goods and services is not illegal. However, those who mine bitcoins and trade them for traditional currency or operate exchanges on which bitcoins are bought and sold are labeled “money transmitters” and could be subject to special laws that govern that type of activity. To date, those laws have rarely, if ever, been enforced to crackdown against bitcoin use.

Which county are you in now? It depends where and how you use Bitcoin.  Check your country regulations about Bitcoin, because in other country they banned Btc and other countries are becoming the Bitcoin hub. I am very fortunate that I live in a country very open to idea of blockchain as long will not use it for illegal activities.

Bitcoin is legal in some country but some are prohibited to transact or use bitcoin. You don't need to worry about bitcoin as long as you research and buy only on legit website.

Whether legal or not legal abroad, those who do not want to know bitcoin can not stop it, they can not do it because I'm sure bitcoin can not be removed from the currency. and with so many of its investors it can not be thrown away by the countries of the many banks that many are in this country, in my country there are many investors and bitcoin users.

In each country, it has its own policies, especially in finance, and bitcoin is one of the pros and cons in each country, anonymous ownership makes the government lose track of it, but this makes many countries that do not bother, so in this case the government do not prohibit and also do not allow. All risks in bitcoin are left to the holder.

My government against crypto but I'm still able to use it with my own risk so it means that if I got scam because of bitcoin, my police can't help me because there is no regulation for it.

Personally, I believe bitcoin in legal way because it's just like gold , an asset for future investment !

In my opinion, It depends on your country if they declared that bitcoin is banned or not. If your country do not have any statement that is banned then it means that its not yet legal and not banned just continue what you are doing because Government letting you to do it. Many people are relying to cryptocurrency and they will do anything to work for it and as long as the government do not have any side comment for it just continue.

there are countries where bitcoin is not legal, as much as cryptocurrency does not want and banks are more likely to block crypto in countries where bitcoin is not yet accepted.

..Bitcoin is legal..it is the mother of all cryptocurrencies..in some other countries,,they treat Bitcoin as an asset,as a mode of payment..there is nothing wrong in Bitcoin..actually,,if you do believe in it,,it will give you a better life in the future..on the other side,,the thing that makes Bitcoin illegal is that,people use it in a wrong way..that is why many speculations arises that leads to negative trust in the part of Bitcoin..

Bitcoin is legal or not, it depends upon the country which you resides. Many countries now legalized bitcoin in their country. At the same time few countries banned bitcoin in their country. In my country bitcoin is neither legal nor illegal people use bitcoin as normal. So government not give any information about butcoin  then there is no objection to use bitcoin.

At this time, bitcoin isn't accepted as a legal currency by government , To become of official currency , we need to make them more perfect in the eye of government  ;D, some regulation need to be undertook

Bitcoin is legal or not depends on the country, where you live and how the government responds to bitcoin. In my country I forbid but I am still learning about this, but the government does not forbid its people to learn bitcoin, so many people still play in bitcoin at their own risk, whatever happens, the law cannot help.

The legality of bitcoin depends on who you are, and what you’re doing with it.

There are three main categories of bitcoin stakeholder. Someone may fall under more than one of these categories, and each category has its own legal considerations.

Bitcoin is not legal in all countries of the world. there are still countries that do not want bitcoin and crypto. I think the first reason is because of the banks of different countries because we know they are related to the currency so they block bitcoin in their country.

Indeed, each country has its own policy, this depends on the country. So not all countries accept with all reasons, but many countries accept it so that they are free to develop crypto.

I just wonder for governments that have received cryptocurrency, are they responsible for all the negative things experienced by most users such their asset were stolen? cause till now I haven't found an information that publishes about the issue.

Also agree with you, there was no bitcoin function that is contrary to government regulations. Bitcoin is like a gold or a digital currency that is not dangerous and there is no negative function that will have a big impact on someone who has used it or against a government that adopted it.

the latest news comes from China which considers bitcoin not illegal and allows it to become a means of payment. This is good news because they can bring many Asian countries to respond to the same, especially India and South Korea. I have strong speculation that in the end many countries will understand and cannot refuse it again.

I think some of the countries still not allow bitcoin to be used but the other country uses bitcoin for legal. Perhaps, you need to discuss this with your friends from the same city so you can know what the situations in your country.

Only few countries fully legalized bitcoin like Japan but others allowed their people to buy and sell bitcoins without being legalizing it. Some governments may finally allow cryptocurrencies in their countries if a court ruling favors owning virtual currencies. China is reportedly easing its restrictions on bitcoin transaction when one of their court ruled in favor of bitcoin. Chinese citizens and merchants have the right to trade and own cryptocurrencies, according to a verdict reached in their arbitration court.

of course the answer is very different depending on where we are in the country, but of course in terms of legal bitcoin it does not violate the laws of any country so that it can be legally certain. Don't we fear the rules that apply throughout the country because in the future the world will experience a transition period in the payment system.

Bitcoin made its first appearance in 2009 and immediately begun a new disruptive revolution with an era of cryptocurrency. Digital currency allows users to remain anonymous when executing transactions. In addition to being a decentralized cryptocurrency with no central authority detached from any government, so users wants it's be legal, but without KYC. Goverments don't want to lose control of money.

It depends on the country where we live. And those who have adapted bitcoin or have grown to next level suppporting its citizens become more independent and wealthier.

Actually, legalization of Bitcoin in every country has not yet done, although some countries now are quite enough into this crypto they didn't put any law regarding Bitcoin and other cryptos, just like here our country bitcoin is not illegal to use but also it is not announced that it is legal. Because legalization of Bitcoin is the impossible thing to happen.

the status of bitcoin in my country is very frustrating, the state prohibits the use of bitcoin as a medium of exchange but still allows the community to have bitcoin as an asset, but the enthusiasm of the community is very high so indeed the state should review their attitude towards bitcoin.

It depends on the country which you live. In many countries now bitcoin is legal at the same time few countries banned. In my country it is either legal nor illegal, the reserve bank announced to stop the transaction made for bitcoin. But still traders are using the bitcoin, in future there is a chance for all countries adapt bitcoin and the growth of the economy will be improve.

Exactly, it will depend on which country you are. Not all country Bitcoin is going legal some countries banning bitcoin and some are didn't put any law or rules and regulation regarding Bitcoin. Just like here in our country Bitcoin has not yet announced that it is legal but also government didn't announce it is illegal and prohibited to use. Indeed, we are freely used Bitcoin here.

Guys there's google to find your and ask your problem there for free like this one.
Almost every country has it's own rules so i consider if you do ask someone from your country to know the basic rules or laws about of owning bitcoin.
https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

You just need to find it there if you don't know it yet, google is quite useful in almost everything that you don't know yet.
Almost newbies doesn't find google as an interesting answer to their questions.

Hi,

In srilanka some banks interrupting their services towards BTC investment. Some platforms are also banned due to their regulations. Is that legal?
What are the alternative methods to prevent this incident?

Seeing that you are posting in the local board of India I will assume that you are from that country, Cryptocurrency in general in your country has a special case. The RBI has not totally ruled that it is illegal but they said that accepting cryptocurrencie as payment is illegal yet they can be traded legally from cryptocurrency to another cryptocurrency. The funny thing here is that they are also trying to shut down your cryptocurrency exchanges  by prohibiting banks of accepting transactions from them. Asked your local board as they could definitely fill you in with your situation.

Ya it is true that in India bitcoin and cryptocurrency trading and using with bank is banned and who ever are trading their bank accounts are blocked. RBI have given strict instructions to bank to close the account who are dealing in cryptocurrency. Even exchanges have stopped the fiat currency trading and some exchanges have shifted their working office to abroad where cryptocurrency is legal.

Their is a legal war going between cryptocurrency exchange and RBI in regards to legalize bitcoin as it the right of the people to chose which is good or bad for them and government cannot force them to stop using it. As India is a democracy country every Indian citizen have their own rights to do anything until it is not illegal or scamming others.

It's the prerogative of the government to decide what is good for s their citizens, in case of bitcoin I think their government officials must weight things according to it's usefulness and benefits against its negative aspects without bias.

It is legal..except the people in your community chooses not to use it...government cannot decide for us what to use as currency! And decide and government support it and collect tax on it!

Well, I think you are really new in crypto world. Actually, The legalization of bitcoin is depend on your country, I hope before you enter in crypto currency you do some research of it. Some country banned using crypto and sometimes they has a regulation, if you caught using bitcoin you will be putted in jail. However, there has also a country that bitcoin is not legal but it is not banned.

the status of bitcoin is still not yet widely determined about its legality, but as long as our country only prohibits using bitcoin for buying and selling transactions of goods, bitcoin is still categorized as legal goods even though its status as assets or goods is like property, so bitcoin is not a prohibited item and only as a virtual currency or future money.

in countries that do not recognize bitcoin usually only prohibits bitcoin from being used to transact or to buy goods, but we can still do treding and we can still buy bitcoin even though as a future asset, we can still buy and sell bitcoin because of its bitcoin global and online so we just have to buy in a country that does legalize bitcoin, because we no longer need to use the services of a conventional bank or a state bank.

That's natural, as it helps to get profit. If it were different, this would be strange  ??? ??? ???

not all countries that reject bitcoin position ownership of bitcoin is illegal, because many countries that reject bitcoin still consider ownership of bitcoin to be categorized as an asset and the state imposes taxes on owners, so its status is legal, almost most countries consider bitcoin not to violate the law.

I dare say bitcoin is legal, because until now it has not been found that bitcoin violates the law, which violates the law is the use of bitcoin to pay for illegal goods and bitcoin is used for money laundering for criminals, but bitcoin is only a currency, where may the currency violate the law ? obviously bitcoin is legal ...

There are several countries that legalize bitcoin, but not all countries can accept bitcoin. Even though it's not legal yet there are countries that allow using bitcoin. Maybe in the coming years other countries can accept bitcoin and legalize it.

 bitcoin is legal but few countries are not expecting this coin
and where are you from

like China, the Chinese government has not legalized crypto but there seems to be signs that Crypto will be legalized in China. I hope this really happens so that crypto will increase and add to the list of more advanced countries legalizing crypto.

As far as I know, not all of countries, some of them legalized bitcoin, some don't, and the rest don't legalized it nor banned bitcoin. But, yes. when it's legal, taxes are there to be paid, since the regulator needs money too.  :P
So, if people wondering whether bitcoin legal or illegal, it depends on where she/he is, isn't it? So, it's important to find out the status in your own country.

Bitcoin is a digital decentralized currency,in the sense that no government nor Central Bank has any control of its price nor value,and there abounds no regulations whatsoever in the system...

bitcoin is fully legal

Bitcoin is actually legal, in some countries it is already viewed as a legal program that produces money. Unfortunately, some country look at it differently. In different places far and wide, the legality of Bitcoin is seen in an unexpected way, yet generally it remains moderately safe to use as long as it isn't attached to illegal buys or exercises. Numerous nations have issued explanations showing that bitcoin and other computerized monetary standards are not managed and don't exist as formally authorized monetary forms: a status that could put clients in danger yet would not make them abuse any laws. Bitcoin is through and through unlawful in a few nations, for example, Iceland.

Contingent upon where and how you use bitcoin, it is vital to stay cutting-edge on the most recent controls concerning the advanced money. As laws change crosswise over fringes, overseeing bodies and, progressively, as the stage picks up fame, inquiries regarding bitcoin's lawfulness will keep on being raised.

bitcoin is fully legal but some country's are having  tax that all  you can invest easily and it is write time

to buy the bitcoin the bit coin price is low 

you can buy the coin and hold the price is increase soon

You don't need to ask it here because it will takes time before you satisfied the best answer but if you will use the Google then not only the legality will be easily address but also your some questions will be answered directly like how Bitcoin will work. Legality of Bitcoin will depend upon the nation so try to google it to see the stance of every country towards Bitcoin.

Bitcoin is not legally accepted around the world so there is a problem with its legalities. Still the governments are discussing about it and since it is a global system so it could take time before we know if bitcoin is fit to implement or not. It will depend on the outcome of every countries acceptance of bitcoin around the world.

the original plan was created as bitcoin as the future currency, but many people today are starting to change the bitcoin function from a currency to a commodity, which is nothing but to trade, not to make a payment, so let's change the method now our view of bitcoin, namely as a means of payment, many countries have facilitated bitcoin users as a payment tool, but bitcoin owners who don't understand things like this, basically bitcoin is only digital money so it doesn't violate any law, so bitcoin is legal .

Yah...bitcoin is legal to use in the future digital currency. If one country is successful in crypto then another country will accept the bitcoin legally. I hope the bitcoin will be legal in all countries. Because of its most popular crypto coin in the world. www.cbanx.com is one of the best crypto exchange platform.

legal or not, this will not be a problem in trading, as long as bitcoin does not violate the law, so we are still free to trade bitcoin over an internet connection, because on the internet there will be no borders, so that usually makes it a problem if we exchange bitcoin, and we transfer into a local bank this can be a problem, because usually a large amount raises the suspicion of law enforcement.

it depends on the common will expressed in a parliament, in a respective country,

there might be indeed authoritarian societies, or urban societies that oppose bitcoin

my opinion the bit coin is full legal and almost  it recived world wide   

but some contry are not accsept bitcoin   

 

bitcoin before being exchanged for fiat currencies in the digital world, or the internet world is a borderless world, we can be sure we can trade without using our home country, so everything in cyberspace is legal, but after we exchange bitcoin into the country of origin of the currency we, this is what starts making bitcoin traders start to intersect with the systems of each user's country, but as long as we trade in the virtual world as long as it's legal, bitcoin is not touched by any law.

the question is legal in which country? , if we see globally bitcoin is legal, so ownership is not a legal problem, but about its use in different countries, some countries facilitate users of bitcoin to be used as a tool for exchanging goods, but in some countries it prohibits bitcoin from being used as payment tools, so Bitcoin's original status is legal. but what distinguishes the use of different status, depending on what we use in which country.

In what country are you living at mate? Legalization of bitcoin and other cryptocurrencies are depends on the country youre living at. Some countries have a total ban on bitcoin and some multiply its opportunities. You can check your local implementation to see whether your country belongs to the good one or to another.

Bitcoin legal or not it totally depends upon the country which you live. Because many countries now banned  bitcoin, at the same time some countries allowed bitcoin for their people with some limitations. In few countries bitcoin is either legal nor illegal but people used bitcoin and traders also done trading. So in your country it is legal means then you use it there is no issues in that.

Here in my country is not stating that bitcoin is illegal. So i am considering it that bitcoin is legal here. But the government is always warns us to take care always because they say that we might lose our money in some ways.

In which country you are living after knowing only can tell whether it is legal or illegal to use bitcoin, as each country have taken steps to make it legal and not legal. Some country have even banned and usage is totally illegal to use it.

It should be legal everywhere, but because the negative side is still too visible.. it is as if it's prohibited and dangerous because it will pose a certain risk in the efforts made. Actually, everything can turn out to be more positive if indeed it's more supported and more accepted in various countries.

This will depend of country you belong as not all countries are the same stand regarding Bitcoin existence. There are some countries legalized it, some are not and the others are neutral like here in my country in which Bitcoin is not legal but not ban therefore we could join Bitcoin investment without tax.Just try to search of your nation stand on Bitcoin and hope that it was belong to the majorities who support Bitcoin.

Actually what you are asking from what side is Botcoin is legal or not, if in terms of government and religion it can be different even in one country but broadly speaking it can be said that as long as the state permits transactions it can be said to be legal other than countries that do not Bitcoin is and does not recognize legally but there are those who do not admit to still allowing transactions other than not being used as primary transactions such as legitimate currencies.

Bitcoin's status is different in different countries. Somewhere you can appear in a jail due to crypto trading and there are countries who close their eyes on crypto at all or even support its usage.

What country you belong as it each country has different approach regarding Bitcoin existence? Try to see it here  https://www.newsbtc.com/is-bitcoin-legal/ the status of Bitcoin in your country to ensure that you will not encounter any legal problem in the future once you join the Bitcoin market for investment.

You should mention your exact locations because people wondering from what country do you come from because from your locations it can be determine whether bitcoin legal or illegal in your country and if you come from the countries which allowed their citizen to use bitcoin then you can start to use bitcoin not against the law

It's unlegal as a whole but that doesn't mean it will indeed be unlegal forever, we are here do not know what will happens next, because this includes the future that cannot be predicted with certainty. Which clearly I think it's an alternative thing, do not too worrying about that, and it's good if you don't too dependent on bitcoin, make it's a side of your job

Bitcoin is not a country specific currency because no one can ban it . no country can ban the internet  . sure they can a certain site that is related to crypto and bitcoin but we can still access those sites using a little trick  .

bitcoin is legal because its only a currency and it does help people to live more easier  .   its not a kind of drug that can harm people .  its not also a criminal that scam people .  

Bitcoin is legal in those countries where it is not explicitly prohibited by specific regulations. As a general rule, any business activity is allowed if there is no special prohibition regarding it. National laws may contain other features of the application of this general rule. In any case, everyone should be interested in and know the current laws of their state.

Perhaps you should tell us from what country you from since theres a different laws worldwide in regards to cryptocurrency,and sad to say most of the governments has been hard to crypto specially for the number one coin,because they believe this is some kind of scam or being abused by criminals,though in my region this is not an issue since we can legally use this in anything we wanted as long as not in illegal activities

Good thing to know if OP research on google if their country restricted or not in cryptocurrency especially the main coins(bitcoin).
But as of now, we do not consider Bitcoin is legal since most likely governments worldwide are not friendly on Bitcoin, they are afraid that Bitcoin will be their next big competitor when it comes financial savings and probably at that time Banks will bankrupt.
That's why we are waiting for those implementations, the ETF, and BAKKT to make Bitcoin looks like having legitimately and have mass adoptions.

Actually no one can answer you unless you tell me from what country you from?

Because this depends if from where you are residing,just like us in our area when crypto is legal and we can do anything using cryptocurrency

But theres alot of places where bitcoin are banned and considered illegal,i hope your country is not one of those

Bitcoin is legal in a number of countries such as Russia, South Korea, the United States and a number of other countries, and it is said that Southeast Asian countries have not legalized crypto including my country that has not legalized Bitcoin or has not been legalized. but Bitcoin is also not rejected.
the conclusion is that Bicoin is legal or not, depending on the policies of each country.

Yeah every country certainly has their own government and they have their own rules for determining the attitude of cryptocurrency, sometimes the progress of a country can affect legal or not for Bitcon, in many developed countries technology is certainly very acceptable to develop such as United States, bitcoin is given regulation and legalized there

in some countries bitcoin is legalized and some other countries prohibit it. there are also some countries that have not yet determined their response. does not mean it is prohibited. my country still hasn't determined its response. so I'm still free to use it. each country has its own rules mate

some countries are bitcoin is legal  but  some countries hide transaction because that countries are not legalized the bit coin

It's natural. but over time I'm sure every country will receive technological developments from bitcoin. because in fact each country
will not be able to stem the development of technology. they will certainly accept and legalize it.

For sure they will because time after time bitcoin is getting popular and this popularity is telling governments to try figuring out if they are missing something for not accepting or adopting blockchain and ofcourse bitcoin
Huh?who told you that bitcoin can be a dependable for living?this is currency and not a job lol,ee need to work to live and we can just use bitcoin or hold but dont expect this will bring you to life

Thats right, maybe the government will lose a big chance if the refuse to legalize bitcoin and crypto. the key is mass adoption.
the government will not allow all people to use crypto without rules. regulation will definitely be made in the future

Maybe it would be better if you really have to join and ask a forum in your country about the legal or not. because it is clear that all countries will have very different interests and rules and are determined separately, not necessarily the same as in your country.
But if seen from its development, almost many countries have legalized it. There are some that are not legalized to be used as legal tender, but for other transactions it is permitted. so that you don't get into trouble it's better not to hesitate to ask questions in forums in your country. so you can follow with no fear.

..according to the dictionary, Bitcoin is a digital currency in which a record of transactions is maintained and new units of currency are generated by the computational solution of mathematical problems, and which operates independently of a central bank.

..thus, Bitcoin was invented by an unknown person or group of people using the name Satoshi Nakamoto and released as open-source software in 2009. Bitcoins are created as a reward for a process known as mining.

..the inventions of Bitcoins gives oppurtunity to many people to gain wealth because Bitcoin have reach its peak..in my humbly opinion, Bitcoin is legal,many countries accepted bitcoin as mode of transactions,and they do legalized Bitcoin and threated it as an asset..for me, the thing that making Bitcoin as illegeal is that many other people uses Bitcoin in a wrong way,,thus they uses Bitcoin to cover the illegal activities they are doing, they are also uses bitcoin for personal interest in deceiving people in order to steal some other's bitcoin,,this is the cause why some other people threated bitcoin as illegal..but overall,,for me,,Bitcoin is Legal.

I agree with the above opinion, it is better for you to enter a forum in your home country and ask about legal or not in the forum. because we can ensure that it is more actual than you requested here in general. because each country's criteria are clearly different, but broadly by looking at its development, it can be ascertained that many countries legalize bitcoin, because we know that this development is indeed very advanced, bitcoin is clear and certain has been known in many countries and it is appropriate that the state must follow about developments about bitcoin things, if not left behind by technological developments by other countries.

cryptocurrencies are not officially fixed by law, but in some countries it is allowed to use them as a means of payment for goods or services. It all depends on the country.

Food delivery service When Hungry accepts cryptocurrency as payment for goods  https://ico.when-hungry.menu/

Bitcoin is a digital currency that can conduct transactions between countries, both in countries that legalize bitcoin and those that prohibit bitcoin. The system being carried out is peer to peer and decentralized, so that even though being in a country that prohibits bitcoin transactions can still be done because everything happens online.
In developed countries bitcoin is legal, but in many countries that are still poor bitcoin is illegal. So that bitcoin users are divided in some established countries, because the community and its equipment are adequate. In poor countries it is considered illegal for fear of disrupting financial transactions because bitcoin cannot be monitored.

Bitcoin is legal or not, it depends upon the country which you resides. In some countries they announced bitcoin is legal, at the same time in few countries they banned. It is decided by the government of the country. It was legal in many countries, if it is legal means then the economic growth of the country will be good. So check whether it is legal or not in your country then use the bitcoin.

Bitcoin is a digital currency that is decentralized and does not have centralized storage so that bitcoin is not managed by any person or government. So that to find out whether legal or not depends on each government in a country. Because to say bitcoin is legal or not depends on each government and certainly every country has a different policy. There are countries that ban bitcoin for certain reasons but there are also countries that allow bitcoin. Even though there are still countries that ban bitcoin, I am sure that in the future all countries will legalize bitcoin because in the future digital currencies cannot be rejected and continue to grow so that all countries must adjust.

Actually bitcoin is not legal in many countries, few countries only now accept bitcoin as legal. It depe ds upon the government of the countries which you live. In your country bitcoin is legal means then you can use it otherwise it is illegal. In your country bitcoin is banned means it is not legal, but in future other countrie will also have more chance to accept bitcoin as legal in their country.

Bitcoin has become a much debated currency, besides its very volatile price, many countries also say that bitcoin is illegal. However, in developed countries Bitcoin is declared legal.
From this, what is a concern is where you are, whether it is a country that prohibits or allows bitcoin to be used, it will greatly affect bitcoin, both for trade and investment.

Well, look how your country refers to the cryptocurrency, in some countries it is prohibited, about my I can say I live in Belarus and it is allowed just do not need to pay taxes until 2021

all depends on the policy in our country of residence because not all countries prohibit and vice versa because bitcoin is one of the transaction tools that the government cannot interfere in managing as a currency and I live in Indonesia here bitcoin is not legal but the government does not prohibit us from doing transaction and develop cryptocurrency

Bitcoin and another cryptocurrency are now in varying degrees legal in one hundred and eleven states. This is already a rather impressive figure. Bitcoin is illegal when its circulation is directly prohibited by the state. There are about a dozen of such states. If we compare the number of states where the cryptocurrency is legalized against those where it is prohibited so far, the situation looks pretty optimistic.

While some countries are still banning cryptocurrencies, other regions building a legal ground for it. Currently, the 5th AML Directive by the European Parliament is going into force soon. It will prompt the European-based companies that deal with cryptocurrencies (e.g., brokerages, exchanges, etc.) to do more extensive due diligence on their customers, as well as avail of blockchain forensic tools to monitor transactions for possible illicit activities.

Even though regulations of certain level exist now, the new directive will tighten the current legal environment at the expense of crypto-related companies, providing more trust and stability to crypto economies and promoting transparency in crypto space. Most likely, bans will eventually be lifted and some degree of regulations will be applied instead. (more here: https://blog.coingate.com/2019/02/aml-compliance-bitcoin-adoption/) Hopefully, it will be done without interfering with technological progress and helping to accelerate adoption of digital assets both in terms of investment, business and regular use, just like it is done now.

In some countries, for example, in Japan, cryptocurrency is recognized as a financial asset. At the same time, electronic money is not considered legal tender, but is considered as a means of exchange.

Биткoин caмaя чтo ни ecть лeгaльнaя вoлютa!

Try to make a research first if your government allows buying and selling cryptocurrencies. If there are bitcoin exchanges operating in your locality and stores that accept bitcoin as method of payment then cryptocurrencies are allowed in your country. Some countries did not legalized or banned bitcoin but their citizens are still free to use it in any transactions. The legality of bitcoin depends on which country you currently residing and as of now, there are only few countries that banned cryptocurrencies.

Few countries only gave legal ban for using bitcoin but others are really open to the market or stay unknown about it clearly. So most of the countries left it in the hand of users, if they believe that bitcoin have worth they can use it.
If they are converting it for fiat cash that time some mentioned charges are there need to pay as taxation as per your government's law. So before use BTC you may need to sneak more about that.  ;)

I think Bitcoin is not legit in some countries but in some countries, Bitcoin is legit and use for all purchases. Also, there are lots of legit Bitcoin mining website and with the help of that website, you can earn free bitcoin. There is some legit website like Multimining.website (https://multimining.website/). In countries like U.S.A, Canada, Australia, China and Russia you can purchase any product with the help of Bitcoin.

What you say does happen at this time, many policies of a country do it differently. some legitimize crypto to be used as a tool for transactions, some also do not recognize it as a legitimate payment instrument, but may only be a means of exchange, and some do not recognize it at all. stay back to each country treats.

For me it's legal, that's my observation on most countries that are regulating it and legalizing it.
In our country bitcoin is legal, I should know because my bank is crypto friendly as they partner with our local exchange to give an ease in crypto transaction.

The legality or illegality of Bitcoin is very simple to decipher. To countries that find the use or mining of Bitcoin offensive and banned it, it's illegal but to countries which haven't made any incriminating statement banning Bitcoin it isn't illegal. Let's take my country for example, the government is playing dumb and acting like it doesn't know about the existence of Bitcoin after alerting the citizenry of the risk of investing in it in 2016 but didn't outlaw it. What that meant was that the citizens could invest and trade it but at their own risk. It isn't illegal with this. It's been three years since then and those in my country are reaping the dividends of Bitcoin.

Whether bitcoin is legal or not depends on your jurisdiction.

While some countries like Finland, Cyprus or Australia are really open to Bitcoin, some other countries like Vietnam, China or Columbia are totally against them.

There is very interesting article about this topic. Check it here:
https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp (https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp)

Not all banks are crypto friendly . Bitcoin/cryptos might be already legal on your country and the govt's already accepted and legalize it but still not all banks are going  to show their support because some banks still thinks that bitcoin is not good for thier business since we all know that bitcoin is also a currency and can also be a store of value better than banks  and better than a local currency.

As far as I know, Bangladesh is reckoned to be hostile to bitcoin as well

I think that every country will not be the same and have its own ways that might be different, because in any case the priority of the interests of a country's authority is determined by themselves to be able to accept and determine bitcoin.

That's right what you say, that legitimate bitcoin is based on that country in regulating bitcoin. because many countries have advanced and legalized bitcoin and can be used as legitimate transactions. but not a few countries still have not accepted and prohibited as legitimate transactions. so that you do not become confused you better enter the forum in your country and can ask there about bitcoin and the policies that have been made.

At the present time Bitcoin is not yet recognized in some countries, but there are still countries that allow it but are not widely available.

In my country it's already recognize, but speaking of adoption, the adoption is still very low.
I would be happy if bitcoin will be acceptable in stores and shops in our country but now, it's not happening yet, but I'm really optimistic in the long run there will be good progress as I know this is a better payment method compared to what is popular now which is centralized.

Legal or not Bitcoin.
Depending on the state regulations that are used there are some countries that legalize and not.
As in my country, bitcoin is not legalized for banking transactions. but may be used as long as it is not for local sales and purchases in my country

   In my place bitcoin doesn't have any official status yet.
Everything which is not illegal seemed legal, right? That's my current position.
   I do not use this crypto for payments here, but all online services works fine.

most of what you experience with bitcoin seems almost to occur in most developing countries. does not prohibit any transaction but is not permitted as a legitimate payment transaction tool. it still takes time to be able to adapt to the development of advanced crypto.

Bitcoin legality depends the country you are from. This is the eleventh year of bitcoin existence. Since then popularity of bitcoin has been spreading across the globe up till now. Thousands of people has been accepting it as a currency, they are using it to carryout different transaction

Bitcoins' legality depends on the government of the country. Some of the countries have supported bitcoin where bitcoin is completely legal there and oppositely there are some of the countries that have not been supporting cryptocurrency are the countries where bitcoin is illegal. But nowadays more countries have started implementing cryptocurrency to a better ecosystem.

This is the best answer so far, though you shouldn't worry about the legality if you are living in a free country because most free government doesn't have that much qualms and most of them hasn't noticed it yet and I think that it is a good thing. The only problem that you will face when you are doing business with bitcoin is that you either do a money laundering and that is about anything that can be implicate on you because most of the authorities are not yet creating a policy to regulate bitcoin so we are in the safe side right now.

Legal in some countries and nor legal many countries. Actually bitcoin is a digital currency for me even with legal or not legal depends on there countries government. Unfortunately, government, bank nobody can't maintain bitcoin so for that many countries government do not accept yet legally.

Hi, Bitcoin is legal. But what is the best way to mine or make money by Bitcoin? Is orbitnetwork a good legal and profitable to invest or start other plans on that?

legal, but every country has different laws.


whether you will enter the world of crypto??

For now bitcoin is still not recognized by some countries but most countries have used bitcoin as a legal and real measurement tool as a safe transaction

in my own country Indonesia bitcoin is not legal yet but there are so many people using bitcoin, it has arrived in cities and villages and not many people buy and sell bitcoin

It depends on your country. Here in the Philippines, bitcoin is legal even the Central bank of the Philippines approved it. But they do warned use when we do crypto. No ones know who's behind those screen so we must be careful every time we do transaction. I remember it when I watched it on the television way back 2017 or 2018. That's why I started doing crypto that time. Unfortunately, my first campaign did not succeed that's why I stopped and I am here to try again.

Actually it depends on "you belong from which country".  Due to you haven't mentioned your country, it's not possible to give you correct answer cause legality is different from one country to another. You had better visit "Wikipedia" to check legality & illegality of bitcoin

In my opinion, there will be very big problems with the legalization of cryptocurrency in totalitarian countries, where governments, with the support of the head of state, will prevent the introduction of cryptocurrency. In such states, the government always wants to control the cash flows of its citizens, while the cryptocurrency will be a real threat to the national currency, which the government always uses for its manipulations, increasing the volume of paper notes. At the same time, the government always justifies its actions by the fact that it is trying to fight the illegal turnover of prohibited funds, which may be bought or sold by someone using cryptocurrency. But it seems to me that the main thing is that Bitcoin is recognized in all countries as a digital asset, with appropriate legislation that regulates the turnover of cryptocurrency funds, and people themselves decide whether to use cryptocurrency or not.

you can even be executed in some places

Bitcoin is legal depending on the country you are from. Although there are countries that doesn't accept bitcoin as a currency.
Legality of bitcoin is not general accepted globally, search on Google to know whether bitcoin is legal or illegal in your own country

legal or not bitcoin depends on the policy of the government of a country, but for now some countries have legalized bitcoin with the terms and conditions that apply in that country, if in the world of bitcoin transactions it has been widely used.

Legality of bitcoin definitely depend on what country we are living, while there are some countries which are not regulating bitcoin yet, so we might call it illegal also. However, IMO, in general bitcoin is legal since the market has grown enough and a lot of money are involve in this market already, eventually, it will be legal in most countries, that's how I think on its future.

Nowadays, people can buy goods and services directly with Bitcoin, in online retail stores, or by using gift cards purchased with Bitcoin. As digital currencies are traded on exchanges, companies invest millions of dollars in virtual projects linked to the currency. However, with all this commercial activity around cryptocurrencies, there is still no uniform international law to regulate it.

BitCoin legal
Segwit sold under it, not

Whether Bitcoin is illegal or legal will depend on where you are and what country you live in. Cryptocurrency has not yet been legalized in all countries. Moreover, in many countries their products are bought and sold through cryptocurrency. Bitcoin is a digital currency.

Bitcoin is a digital currency. For this reason no government control it. For this in some country Bitcoin is not legal. But in my opinion near in future Bitcoin will be the currency of every digitalized country.

Not a single government alone, rather. But there are ways esp in finance where governments come together

Here is a chance to get Bitcoin clean and safe, but only fully compliant to what Bitcoin must be, was defined and specified

Bitcoin is legal to some countries not all countries. Google will be of help, to help you find out, countries bitcoin is legal to.
Although if you reside in Africa, you gat no problem in trading bitcoin. But you are trading on your own risk cos the government won't be of help if you lose your investment.
As for Asia countries, bitcoin is fully illegal in India

Well just like every other currency
Bitcoin which is decentralized and not controlled or monitored by any private person or company also have is challenges.
Bitcoin which is just gaining weight in recent time is not accepted by most people and country because it’s concept maybe wasn’t understood by them

It relies upon your nation. Here in the Philippines, bitcoin is legitimate even the Central bank of the Philippines endorsed it. Be that as it may, they do caution us when we do crypto. No one knows who's behind those screens so we should be cautious each time we do the exchange. I recall it when I watched it on the TV route back 2017 or 2018. That is the reason I began doing crypto around then. Lamentably, my first mission didn't succeed that is the reason I halted and I am here to attempt once more.

Based on the country you belong to.In some country bitcoin was a legal one,in some they won't .You should mention that on OP.Then it will be easy for the people to answer with some ideas.In some country,bitcoin atm all available.In most of country economy was based on bitcoin and cryptocurrency as of now.Investing in bitcoin was became a normal practise.

The way to decide this question has always been the same for me its if you cna sell your BITCOIN or other cryptos to a bank for local fiat then YES it is Legal.

Banks will not deal with something they think is Illegal for them.

Bitcoin are one of digital currency that are under cryptocurrencies, Bitcoin are maybe both Legal and Illegal depending on which country you are in.

legal es , si no no estarían los bancos metidos en esto también...

Por cierto para los entendido : subirá KNC ?? vaya  pillada de dedos me pegue....

that bassically depends on the govt, under you are from. But Lack of the information you given, can't surely answer your question.you would rather google about it to check more information about your country & bitcoin, read some good articles, so could helps you to understand better about it. the thing is, if you are serious about bitcoin & wanna use it, then govt. can't stop you cause you can use bitcoin whenever wish

The legality of bitcoin depends on the country you are from. There are countries bitcoin is not widely accepted for example Asia countries. While in Africa, you trade bitcoin at your own risk. It's only in Europe you can trade bitcoin freely without borders but their government are trying to implement some rules in cryptocurrency

Central bank money competition / and the first working system for electronic micro payments - cause open public ledger to see what is the 'truth' and keep ppl honest

here you go - nothing illegal, also cause it was not sold in an ICO like all the other coins did, that made them securities

and nothing illegal until ppl (soft) forked the protocol playing Satoshi Dev 2.0

You can not worry about legal bitcoin)

Yes bitcoin is absolutely legal most of the country now

I am very proud of bitcoin. It is legal in our country.

The first thing that matters most is that where are you from? Because if you are Indian then for you bitcoin is currently illegal. But in the near future, it will be legal for sure. In some countries like Australia, United States, this digital currency is legal. Some people know it as Crypto and some people know it as Cryptocurrency. We would like to tell all our readers that it is basically a digital asset that is created to use as a medium of exchange. Further, we would like to inform you that it is not authorized by the government of India yet. To know more about cryptos visit (https://cointocurrency.com/)..

stuff like this might set it

https://www.fca.org.uk/publication/policy/ps20-10.pdf


https://twitter.com/brian_armstrong/status/1331746226736304129

It s not about plain Bitcoin, but the crypto features built in later ...

This is illegal as a whole, but that doesn't really mean it will be illegal forever, we don't know what will happen here, because that definitely includes the unpredictable future. Frankly i think this is an alternative thing, don't worry too much about it and well if you are not too addicted to bitcoin, do one side of your job.

Illegal or legal, it doesn't change that fact that bitcoin is still very useful.

We don't have a universal law on how to rule bitcoin, some country does not like it while some like it, so it could be illegal to a certain country but it's legal to the others, let's just choose, we are lucky if we are bitcoin enthusiast and we live in a country where the government are supporting bitcoin by regulating it.

Bitcoin will be legal only if the legislators or the government of a particular state formally in law or by-laws determine the status of Bitcoin and other cryptocurrencies, as well as the conditions and procedure for their circulation in the state.  If the state has not yet made any decisions on the cryptocurrency, it can still be used until there is a specific prohibition on the part of the authorized state bodies.

Have many country started to payment System in bitcoin. I think bitcoin is legal for this county but my county have hard Inhibition for bitcoin. So bitcoin is not legal for my county. If i think about bitcoin, bitcoin is legal for hold world cause it is a online currency.

Hey internet machine. Is bitcoin legal?
DIng!
https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

There are some countries that considers Bitcoin as illegal but some are not. Some of it are those superior counries that we know.

To be honest, I believe that it is definitely impossible to answer whether BTC is legal. On the one hand, it is kind of legal, since many countries do not prohibit its use. On the other hand, if we talk about BTC as money, then it is not legal, since there are countries that prohibit the use of surrogate money. Based on this, it is impossible to answer 100% whether BTC is legal or not. The most you can do is find out in the country where you live, how they treat BTC at the legislative level. As far as I know, there are still discussions in the world about what cryptocurrencies are and how to identify them in the world system. Moreover, every time something changes in this regard, which means you need to learn more information.

It depend on your perception. In my case bitcoin is not legal nor illegal because if it do the government will going after those people who had bitcoin holdings but they weren't. In some cases, other countries like China are banning  bitcoin but as reported they had own one of the largest bitcoin mining. Well, other government had expressing to adapt bitcoin as a digital currency like countries whom friendly with bitcoin like Canada, Japan and other countries.

The lawfulness of bitcoin relies upon the nation you are from. There are nations bitcoin isn't generally acknowledged for instance Asia nations. While in Africa, you exchange bitcoin at your own danger. It's just in Europe you can exchange bitcoin unreservedly without borders however their administration is attempting to execute a few standards in digital currency.

It's not an alternative source of income because bitcoin is just a currency, or a payment system, what give you the income is your labor, the exact job your do or when you are trading and you are profitable. I only believe it as an alternative currency but not an alternative source of income.

Better if you just mention here of which country you are belong then we could all help you easily to find out if Bitcoin is legal or illegal in your place because every country has different regulations regarding the legality of Bitcoins. Most of the countries are declared Bitcoin is legal to use which is you can find out here https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

Bitcoin is legal where the state at the level of legislation has fixed and explained what it is and how. If you live in North Korea, it will most likely be banned. Although it may be vice versa. In our time, it is difficult to guess where the legalization will be, and where, on the contrary, will tighten all the screws and it will become gloomy and dark. One day the cryptocurrency market will stabilize and take shape in the same way as all the markets where a person played a role. Regulation will grow. - in my opinion.

Does it really matter? The most important issue here is the fact that we are in control and not the government. In the world filled with rules set by governments that are trying to control everything, bitcoin is a way to run free and get away from their prying eyes.

 It depends on wher your country, If it is legal in your country you can use it freely and legal for you

It depends on the country in which you live, there are barriers to the use of bitcoin. As in the place where I live, nothing is controlled freely, but because it is new, there won't be many parties to guarantee the benefits for everyone to use together.

It Depends on where you live if your country not ban BTC you can use it freely and legal for you.

Ban incoming ?

https://www.theblockcrypto.com/linked/97992/weibo-suspends-huobi-okex-binance

If in my opinion bitcoin is legal and returns to the regulations of each country, why do I say that because some countries do not legalize bitcoin in the form of payment

It is very easy to find out if you read the legislation in your country on the topic of taxes and in general aimed at regulating cryptocurrency. You can write a simple query on a search engine like google and ask the same question there. You will receive all articles and answers at once and find the answer to the question. If you do not trust search engines for some reason - just get the advice of a qualified lawyer - even though it will cost money.

The bitcoin is classified as a virtual, safe and reliable currency since it is managed by each person without restrictions, of how much they must buy or sell unlike a bank in the country, they only have to secure it very well with a good password, In such In any case, you must see the positive side that at any time you can become a millionaire, if you put the money in a bank it could be many years and you have not obtained the profit you expected.

It is strange that this topic still provokes such discussions. Everything always depends strictly on one factor - the jurisdiction where you are engaged in cryptocurrency. If this is China, this is one thing, if Russia is another, USA is the third. Everywhere there is different legislation, different approaches from the state and tax authorities. So why then ask such an abstract question to which each of the citizens of these countries will answer in his own way and will be right?

Bitcoin is currently booming, the market has been thriving,  cryptocurrency are legal anyone can buy,sell or trade.

Why do they ask?
Because these days it seems far too many people do not know how to think and formulate a proper question to do an internet search using a search engine. They just want a binary yes or no to questions that any person with even just a little life experience should know must include "it all depends on..." The question rates right up there with "Is Bitcoin still profitable?..."

Right word , others dont know about bitcoin and they are only know by searching in internet. I thought you are right about the question " Is Bitcoin still profitable?.." and that is all depends the market. Bitcoin can be legal or ilegal depends to all users and the reason what if bitcoin created is to spread this crypto as a profitable asset but it depends like you said.

bitcoin is legal in western and european countries and tax should be paid incase of asian countries some  of the countries banned it and some of are not aware of it and some countries had made rules and regulations to trade or invest in it