Does how you use a Bitcoin define what it is for legal purposes?

[ProfessionalGoogler]

The global legal problem surrounding Bitcoin amazes me.

All the confusion..

Could it really be every Bitcoin transaction needs to be defined differently for legal and tax purposes?

Can it be that in certain cases Bitcoin is a currency while in others property?

Many "features" exist in Bitcoin that allow progression such as this.

The internet was full of "features" that was not being utilized until many years down the road..

Are we really utilizing Bitcoin to the max? Has development on core functions come to a stop?

In the end, we are just constantly redefining 1s and 0s?

[mobnepal]

Regarding few of your question,
Bitcoin can't be optimized only to include tax in every transaction however exchangers in every country can take tax out of exchange according to their government rule.

Utilizing maximum out of bitcoin is still now done, its better to say blockchain and decentralized tech have lots of potential but bitcoin can't alone show all of those capabilities.

[Boosterious]

The global legal problem surrounding Bitcoin amazes me.

All the confusion..

Could it really be every Bitcoin transaction needs to be defined differently for legal and tax purposes?

Can it be that in certain cases Bitcoin is a currency while in others property?

Many "features" exist in Bitcoin that allow progression such as this.

The internet was full of "features" that was not being utilized until many years down the road..

Are we really utilizing Bitcoin to the max? Has development on core functions come to a stop?

In the end, we are just constantly redefining 1s and 0s?

personally i'm using bitcoin for legal purpose,always. and i think we can't do many things for bitcoin,just legal and illegal purpose,making illegal transaction with bitcoin just will make bitcoin have bad popularity for newbie and people who want know about bitcoin.

[dearbesz]

well for me of course im using bitcoins of mine a nice way and legal purpose,
im using for my savings, expenses in my daily life, and also use it for bills of payments.
im not using it for illegal purposes.

[DannyHamilton]

If you are ProfessionalGoogler, then I'm surprised you weren't able to use the Google search engine to find answers to these questions yourself.

Could it really be every Bitcoin transaction needs to be defined differently for legal and tax purposes?

Governments decide based on laws how they want to treat something for legal and tax purposes.  Since many governments haven't yet created bitcoin (or cryptocurrency) specific laws, each agency needed to decide for themselves how bitcoin fit into the existing law structures.

Can it be that in certain cases Bitcoin is a currency while in others property?

That's how various U.S. agencies have decided to treat it.

Many "features" exist in Bitcoin that allow progression such as this.

Such as?

The internet was full of "features" that was not being utilized until many years down the road..

I'm not sure that is was, and you've offered no examples.  Even if it were so, the fact that the internet experienced something has nothing to do with whether or not the bitcoin would experience anything similar.

Are we really utilizing Bitcoin to the max?

No.  Bitcoin is still in its infancy.  It is a protocol without much infrastructure yet.

Has development on core functions come to a stop?

Apparently not:

• 2015-02-16 Version 0.10.0 released
• 2015-04-27 Version 0.10.1 released
• 2015-05-19 Version 0.10.2 released
• 2015-07-12 Version 0.11.0 released
• 2015-10-14 Version 0.10.3 released
• 2015-10-15 Version 0.11.1 released
• 2015-11-13 Version 0.11.2 released
• 2016-02-23 Version 0.12.0 released
• 2016-04-15 Version 0.12.1 released

In the end, we are just constantly redefining 1s and 0s?

No, we are creating new concepts and then using a language of 1s and 0s to represent those concepts.