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Author Topic: Bitcoin Legal Issues  (Read 4412 times)
dpcj (OP)
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June 18, 2016, 07:24:43 AM
 #1

Bitcoin Legal Issues is an important concern in relation to international financial law. Bitcoin is doing well but there are many legal questions need to be analysed in relation to Bitcoin and its standing point as Digital Financial Service. Bitcoin is an Electronic Cash System providing digital financial services globally but there are many speculations and wrong definitions are floating in the Internet. Many governments and bankers as well as public are cofused of legal definition, what Bitcoin is ?  >>
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June 18, 2016, 07:54:08 AM
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Bitcoin Legal Issues is an important concern in relation to international financial law.

Prove it. Extraordinary claims require extraordinary evidence.

Vires in numeris
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June 18, 2016, 07:54:52 AM
 #3

Bitcoin Legal Issues is an important concern in relation to international financial law. Bitcoin is doing well but there are many legal questions need to be analysed in relation to Bitcoin and its standing point as Digital Financial Service. Bitcoin is an Electronic Cash System providing digital financial services globally but there are many speculations and wrong definitions are floating in the Internet. Many governments and bankers as well as public are cofused of legal definition, what Bitcoin is ?  >>
All they have to do is call Marco Santori.  He is a lawyer who knows all about this shit.  

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dpcj (OP)
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June 18, 2016, 10:15:24 AM
 #4

Bitcoin Legal Issues is an important concern in relation to international financial law.

Prove it. Extraordinary claims require extraordinary evidence.

Extra ordinary claim may be require extraordinary evidence but a genuine claim does require genuine evidence which is legit.
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June 18, 2016, 10:26:38 AM
 #5

We will have precedents set in different countries.
If governments don't legislate, the courts will express their views when Bitcoin is mentioned in cases.
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June 18, 2016, 12:58:43 PM
 #6

Bitcoin Legal Issues is an important concern in relation to international financial law. Bitcoin is doing well but there are many legal questions need to be analysed in relation to Bitcoin and its standing point as Digital Financial Service. Bitcoin is an Electronic Cash System providing digital financial services globally but there are many speculations and wrong definitions are floating in the Internet. Many governments and bankers as well as public are cofused of legal definition, what Bitcoin is ? >>
Bitcoin is a future of human. No one can defined bitcoin is legal or ilegal. only 3rd can called bitcoin is ilegal because bitcoin become a threads for some parties.

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June 18, 2016, 06:58:07 PM
 #7

We will have precedents set in different countries.
If governments don't legislate, the courts will express their views when Bitcoin is mentioned in cases.
Yes, maybe bitcoin related legal concerns are among the arising concerns in digital economy related issues but like eCommerce as long as governments do not legislate some rules then courts will make decision and legislation may take a long time, for example for crowdfunding which has many fans in digital environment the laws were legislated by increasing size of market. You may see this:
https://www.fca.org.uk/static/documents/crowdfunding-review.pdf

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July 04, 2016, 10:24:50 PM
 #8

More than likely it won't be of much concern to Everyone until it reaches alarmingly larger value and media starts addressing BTC more in depth worldwide and more often.
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July 10, 2016, 08:27:20 PM
 #9

More than likely it won't be of much concern to Everyone until it reaches alarmingly larger value and media starts addressing BTC more in depth worldwide and more often.
why should media highlight the issue as they have no interest in bitocin. and they have no benefit from it directly. you know that our media is not free and they are in the influence of powerful people and even under the control of government.
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July 11, 2016, 05:15:38 PM
 #10

yes it is a fact. there must be so many issues related to legalization of bitcoin. i think the one may be that what will be the effect of bitcoin on the local currency. and reaction of financial conditions of the country. what about the taxes and so many other issues.
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July 22, 2016, 12:00:02 PM
 #11

yes in these days the most important and big issue related to bitcoin is that of bitcoin legalization. I think most of the people have now thinking about this and they are going to take a final action about this.
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July 25, 2016, 02:34:26 PM
 #12

Bitcoin Legal Issues is an important concern in relation to international financial law.

Prove it. Extraordinary claims require extraordinary evidence.

Fuck the bullshit. I like that, carry on.
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July 26, 2016, 11:42:19 AM
 #13

yes in these days the most important and big issue related to bitcoin is that of bitcoin legalization. I think most of the people have now thinking about this and they are going to take a final action about this.


If bitcoin is legalized, they might make it mandatory for all users to identify themselves then it will not be so anonymous anymore. That will make it less fun.
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July 28, 2016, 12:57:17 AM
 #14

yes in these days the most important and big issue related to bitcoin is that of bitcoin legalization. I think most of the people have now thinking about this and they are going to take a final action about this.


If bitcoin is legalized, they might make it mandatory for all users to identify themselves then it will not be so anonymous anymore. That will make it less fun.

I suspect that a lot of people will challenge such legislation in courts.
Some might just decide to ignore it and not comply.
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July 28, 2016, 09:45:32 AM
 #15

i think the main issue of the bitcoin is to legalize it and that is the most difficult process for the government. if this issued solve we will see bitcoin at a very high rate then.
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July 28, 2016, 08:24:58 PM
 #16

Bitcoin Legal Issues is an important concern in relation to international financial law. Bitcoin is doing well but there are many legal questions need to be analysed in relation to Bitcoin and its standing point as Digital Financial Service. Bitcoin is an Electronic Cash System providing digital financial services globally but there are many speculations and wrong definitions are floating in the Internet. Many governments and bankers as well as public are cofused of legal definition, what Bitcoin is ?  >>

Each Government want control their own coutry by make every thing running within a legal book.
Bitcoin is the thing nobody can control. Therefore, some of them want get rid of , some of them still want make profits then they a involving

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July 28, 2016, 10:29:36 PM
 #17

Well, in the long run we want to move toward regulating and taxing Bitcoin. That is the only way which can push cryptocurrency toward mainstream.
While I don't necessary agree with some amazingly unwise  harsh legislation (for example I think BitLicense it a bit too much).
At the same time I am happy because it indicates that cryptocurrencies are boldly moving towards financial industry acceptance.


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July 31, 2016, 09:52:33 PM
 #18

i think now it has become the common issue of about all the countries of the world, some people that some countries have legalize bitcoin but i do not think there still there any official conformation on media or in news paper, on other side some have consider it as illegal, i think that is also not a correct information i think still no a single country has given any statement about bitcoin that either they accept it or not, but some countries most be thinking about this, and hope that soon they will declare it as a legal currency.
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August 02, 2016, 08:34:21 AM
 #19

This is very interesting. Internet evolve much faster than the outside world and it can't keep up with its rules.
Bitcoins can't be controlled so they will become illegal or they'll be put in high disregard in some ways. I think this because the trend of the world is to dominate and control everything, so why its behavior towards bitcoin should be different?
We are speaking about money so we are speaking of power too.
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August 23, 2016, 06:52:39 PM
 #20

yes in these days the most important and big issue related to bitcoin is that of bitcoin legalization. I think most of the people have now thinking about this and they are going to take a final action about this.


If bitcoin is legalized, they might make it mandatory for all users to identify themselves then it will not be so anonymous anymore. That will make it less fun.
yes it is right and that is beauty of bitcoin that their community can interact with each other but still do not know about one another, so if the state are going to legalize it their first demand from the people will be to identify themselves. but hope that this will not effect the bitcoin too much.
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