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Legality of bitcoin depends in our countries and a lot of country nowadays seek bitcoin as a threat to the cash flow system. But a lot of country as well are fine with this since they are okay with the opportunity of cryptocurrency.
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For me, the big problems of bitcoin are first is being prone to scammers. Second is being hard to understand and learn.
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Asian countries want to pay tax to the countries. But as every one knows Bitcoin transaction has no such type of technology like fiat currencies.
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Whatever you gain from Bitcoin is not stored in any of the government records so if you are not declaring that into your income you should not have any problems.
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For me, yes its a legal. There is nothing wrong if you want to sell your bitcoin to cash.
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For me, i think it depends on the government of our any country if they will make the bitcoin illegal or not.
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Why hasn't any government stopped bitcoin? For me maybe they dont know about bitcoin thats why.
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Yes, i agree with this. This is the gteat way to describe the current state of bitcoin here in our country: not yet legal but not banned.
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Well, the problem about bitcoin is no other than is when will be dump. I believe all of us will have a problem when the of bitcoin is super low. We dont want to know that bitcoin is low price. We want the higher price.
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It is nice to hear that bitcoin will be legal incsome country. It is good news also for us to know bitcoin is legal in some country so you and the other people can use bitcoin for free and without worried.
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For me, I think bitcoin will not ruin a country. Because, a lot country is willing to accept bitcoin and investments.
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For me, i think it depends on what country you live in. I'm from Philippines so basically were paying tax for transaction fees.
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It is not true, in fact Asia is one of the biggest supporters and investors of bitcoin since all Asians love to invest in bitcoin and start with some innovation. Bitcoin and other cryptocurrencies are not been fully implemented into the legal framework in many countries in Asia.
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