It can harm a country economy and its national income if it will be a currency of any country. It is because it is decentralized currency and it is difficult to apply tax on it. This is one of the major reasons why government of some countries is in confusion on its legalization status.
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There is a dark use of Bitcoin in some illegal activities like selling of drugs, money laundering etc. So we can’t state that Bitcoin is used in a hygienic way only. The reason behind the dark use of Bitcoin is anonymous transaction which can’t be traced.
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Banks are attacking Bitcoin because they know that a huge amount of people are shifting towards Bitcoin and in the near future it can replace the banking services. Some leaders of banking sector are shown the annoyance and exploitation of BTC and tried to create a negative environment for Bitcoin. After considering the present situation of BTC it is tricky to say that BTC will be legalized in the near future.
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Year 2018 will be very important for crypto health. crypto-market is stable because of the fear among the investors so they had booked their profits. But i think soon them market will break the resistance with full boom so fasten your seat belts to have roller coaster ride in crypto world.
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In my country, Bitcoin is gaining lot of popularity among youth now a days. But, still in my country INDIA most People think it a fraud or fear to invest in it because of its unclear legal status. If it is declared Legal in India, Many player will come out openly and market cap will increase like anything.
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France is going to make BTC or blockchain trading legal because they want to obtain new way of earning income. Bruno Le Mair , the French finance minister, said that it is new way of earning money which is less expensive, safer and transparent mode. By making it legal, new buss. firms will be introduced in France which will increase it nation’s income
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What are the best countries in the world to start and run bitcoin businesses? For example, crypto-equity exchanges, bitcoin gambling, sites like purse.io, etc. Are there any like this that welcome these sort of businesses and can these businesses avoid scrutiny from foreign regulators or do they still have to comply with the regulations affecting their customers? Thanks!
Those countries in which bitcoin are lawful are the best countries to do commerce in bitcoin. It is because they do not have precincts on the BTC transaction so we can do our BTC business straightforwardly as well as liberally. Japan is the one of the finest of such BTC trading country. In other Countries also, Like USA, EU countries, India, Singapore etc are also quite active in BTC business but Law on it is not clear yet so it can be bit risky to run such business in these countries.
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I was thinking of selling my bitcoins for cash. Is it perfectly legal to do so ? Amount is close to 3-4K.
Thanks for reading.
It depends upon that you are from which nation. If you are from that nation where bitcoin is prohibited then it is illegal. If you are from that nation where bitcoin is not prohibited then you can sell it without any problems. We all have to sell our BTC only to those people who are trustworthy because there is a chance of getting fraud with you.
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Hi Bounty Manager,
Please change my ETH address to 0x43897878ACD2b6237634d57b27f5429601db76Cb in your TokenStar Twitter spreadsheet no. 1127. I lost private key so unable to access my wallet. So it would be a great help to me if you update it
Thanks
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Hi Bounty Manager,
Please change my ETH address to 0x43897878ACD2b6237634d57b27f5429601db76Cb in your Abyss Twitter spreadsheet no. 857 and also please update my stakes. I lost private key so unable to access my wallet. So it would be a great help to me if you update it
Thanks
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Hi Bounty Manager,
Please change my ETH address to 0x43897878ACD2b6237634d57b27f5429601db76Cb in your Hackfund Twitter spreadsheet no. 1009. I lost private key so unable to access my wallet. So it would be a great help to me if you update it
Thanks
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Hi Atriz,
Please change my ETH address to 0x43897878ACD2b6237634d57b27f5429601db76Cb in your Bazista Twitter spreadsheet no. 372. I lost private key so unable to access my wallet. So it would be a great help to me if you update it
Thanks
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Hi Atriz,
Please change my ETH address to 0x43897878ACD2b6237634d57b27f5429601db76Cb in your Ice Rock Mining Twitter spreadsheet no. 565. I lost private key so unable to access my wallet. So it would be a great help to me if you update it
Thanks
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Hi Sylon,
Please change my ETH address to 0x43897878ACD2b6237634d57b27f5429601db76Cb in your Cedex Twitter spreadsheet no. 544. I lost private key so unable to access my wallet. So it would be a great help to me if you update it
Thanks
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Hi Bounty Manager,
Please change my ETH address to 0x43897878ACD2b6237634d57b27f5429601db76Cb in your Persona Twitter spreadsheet no. 1024. I lost private key so unable to access my wallet. So it would be a great help to me if you update it
Thanks
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Hi Bounty Manager,
Please change my ETH address to 0x43897878ACD2b6237634d57b27f5429601db76Cb in your GoHelpFund Twitter spreadsheet no. 132. I lost private key so unable to access my wallet. So it would be a great help to me if you update it
Thanks
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Hi Bounty Manager,
Please change my ETH address to 0x43897878ACD2b6237634d57b27f5429601db76Cb in your YourBlock Twitter spreadsheet no. 812. I lost private key so unable to access my wallet. So it would be a great help to me if you update it
Thanks
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Hi Bounty Manager,
Please change my ETH address to 0x43897878ACD2b6237634d57b27f5429601db76Cb in your Realty Coin Twitter spreadsheet no. 332. I lost private key so unable to access my wallet. So it would be a great help to me if you update it
Thanks
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Hi Bounty Manager,
Please change my ETH address to 0x43897878ACD2b6237634d57b27f5429601db76Cb in your DIW Twitter spreadsheet of Week 7,8,9. I lost private key so unable to access my wallet. So it would be a great help to me if you update it
Thanks
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Hi Bounty Manager,
Please change my ETH address to 0x43897878ACD2b6237634d57b27f5429601db76Cb in your Envion Twitter spreadsheet no 2345. I lost private key so unable to access my wallet. So it would be a great help to me if you update it
Please inform me once updated. Thanks
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