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1  Bitcoin / Legal / Re: Bitcoin longevity on: August 06, 2018, 03:06:54 PM
Bitcoin has long life ,nowadays bitcoins are taking much popularity and people are taking intrest in it
That's why we can say bitcoin longavity is on the peak
2  Bitcoin / Legal / Re: Report: India showing signs it may legalize cryptocurrency payments on: August 04, 2018, 12:59:52 PM
Indian government showing signs it may legalize cryptocruncy reason behind this if government wants to ban it than it can take fue days to take this decision but government is taking too much time to delclare it legal or illegal .so,  chances are increased that it will be legal after some time
3  Bitcoin / Legal / Re: General use of bitcoin as a legal currency on: August 04, 2018, 12:53:00 PM
It is difficult to use bitcoin as general and legal currency
Because in general and legal currency
Price of currency is fixed there will be no change in values of currency. But in case of bitcoin prices are not stable and change again and again that's why it is difficult to do genral use of bitcoins
4  Bitcoin / Legal / Re: Will Bitcoin will be declare as legal or not ? on: August 04, 2018, 12:45:27 PM
Yes,  bitcoins will be declare as legal
But matter of fact is that it can take time government is seeing all the pros and cons of making bitcoin legal.
After some research government can declare it a legal activity
5  Bitcoin / Bitcoin Discussion / Re: Do you think Bitcoin can ruin a Country? on: August 01, 2018, 06:33:45 PM
Yes bitcoin can ruin any country.  Because there is no concept of taxation.  If there will be good taxation policy than any country can make growth instead of going ruin it will make development in particular country.
6  Bitcoin / Legal / Re: Is it legal to sell bitcoin for cash ? on: July 31, 2018, 01:23:37 PM
Sale of bitcoin in cash can be legal affair if anybody disclose his or her income to government and pays income tax regularly.  Then it will be legal transaction 
7  Bitcoin / Legal / Re: Not Declaring Bitcoin Income on: July 30, 2018, 01:11:23 PM
People should declare bitcoin income because it can be traced when we convert into the currency. When you transfer your income  into bank accounts  income tax officer can make some questions about this income  so it's right to disclose income of bitcoin.
8  Bitcoin / Legal / Re: Government on legalising bitcoins on: July 28, 2018, 06:41:42 PM
There are many countries who already declared bitcoin s legal.  And some countries are planning to do this  legal.
Because it can increase the income of government . When bitcoins will be legal in Any country government can impose taxes on that income  . It will definitely increase the income of government. And scope of bitcoins is very  high
9  Bitcoin / Legal / Re: India and Bitcoinsg on: July 25, 2018, 10:00:14 AM
Indian government did not accept bitcoin as legal affair
There are discussion continued that to accept bitcoins or  reject bitcoins
After a strong discussion it will be accepted as legal affair and future is very bright for bitcoin
10  Bitcoin / Legal / Re: Bitcoin tax question on: July 23, 2018, 08:23:31 PM
Tax is integral part of government income.  We should pay taxes on bitcoins income. When we start to pay taxes on bitcoins itwill help government to create better life style of local peoples. My suggestions in this we have to pay taxes on bitcoins income
11  Bitcoin / Legal / Re: Should we pay taxes on Bitcoin? on: July 21, 2018, 05:45:48 PM
We should pay taxes on bitcoins.  Because it  will help us to increase our income without any problem and without any fear of government agencies to take any action about our  income and government will also declare it legal and the value of bitcoin will increase. People will take more interest in using bitcoin
12  Bitcoin / Bitcoin Discussion / Re: Future of Bitcoin in India on: July 20, 2018, 01:57:53 PM
Bitcoin can be the future of India. There can be some rules and regulations and it can take some time.
Nowadays, Indian government declare it illegal but after some time it can be legal and after making some new amendments and new laws it will be finally boom up and the future of bitcoin will be good
13  Bitcoin / Legal / Re: why bitcoin illegal in asia? on: July 14, 2018, 04:50:15 PM
There are many countries in asia where bitcoin is illegal because of the  lack of knowledge and people are corrupt. They didn't want to pay taxes on their income and in some countries there are fear of terrorism that's why government did not declare it legal
14  Bitcoin / Legal / Re: KYC and AML Compliance can help cryptocurrencies to earn legitimacy on: July 13, 2018, 04:14:51 PM
Kyc can be a important move towards making bitcoin legal .
Through it bitcoin user will be secure and they didn't not have any fear of any (legal)  government issue.  It can be the legendary step. P
15  Bitcoin / Bitcoin Discussion / Re: Bitcoin ban in india on: July 11, 2018, 02:05:47 PM
Many countries adopt bitcoin
In India government did not banned crypto cruncy but just taking some decisions should we adopt bit coins or not. 
After some time it will be openly launch in Indian market
16  Bitcoin / Legal / Re: Is Bitcoin Legal?Wa on: July 10, 2018, 05:43:22 AM
Yes bitcoin may be legal  , if anybody use it in legalWay.  If we pay taxes on our income from bitcoin  that will be legal.  If anybody did not pays taxes than income  from  whichever thing will be illegal.
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