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Author Topic: Is it legal to earn and hold bitcoin ?  (Read 5913 times)
Badert21
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July 23, 2016, 12:18:03 AM
 #201

As i am from country where bitcoin is stated to be a illegal currency so, its ok to earn form small services and signature campaign here and hold my bitcoins ?
I need some suggestions ?
I love bitcoin and i can't leave it !
You can do everything you want. Governments can't hold bitcoin and its system.. bitcoin is completely anonymous and no one can trace you.
so in short words yes you can earn and you can hold your bitcoin for long time . and your bitcoins will be safe until you protect the private keys. and don't leak them.
Even I am sure that You can't only hold bitcoin and store bitcoin. but you can easily exchange it and convert it to fiat and use it to buy everything you want. just create a paypal or Perfectmoney and contact a trader who can buy your bitcoin.
but stay anonymous for be safe.
The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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betohell
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July 23, 2016, 12:56:16 AM
 #202

I am not sure what is the exact scenario in my country as I have never heard that it is banned or illegal but people are using it and I am using it too as there is no official announcement yet.
yeah i think it's okay to hold and use bitcoin although the country prohibit. they will not be able to do anything to you. they have no evidence

pooya87
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July 23, 2016, 02:59:50 AM
 #203

I am not sure what is the exact scenario in my country as I have never heard that it is banned or illegal but people are using it and I am using it too as there is no official announcement yet.

that's right. many countries have not yet had any stance about bitcoin. and i think it is mostly because bitcoin is not being used that much in many countries.

but one thing is for sure, if you are earning bitcoin through an illegal channel and holding it that is still illegal any place in the world and it doesn't matter what rules they have.

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Superbitzz
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July 23, 2016, 04:08:22 AM
 #204

I am not sure what is the exact scenario in my country as I have never heard that it is banned or illegal but people are using it and I am using it too as there is no official announcement yet.
yeah i think it's okay to hold and use bitcoin although the country prohibit. they will not be able to do anything to you. they have no evidence
yes that is a fact.that if your country allow you hold or do trade in bitcoin then there no problem and if they do not allow you i think then it will be not good in your favour. so be careful then.
blackmachinegun
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July 27, 2016, 02:14:00 AM
 #205

I am not sure what is the exact scenario in my country as I have never heard that it is banned or illegal but people are using it and I am using it too as there is no official announcement yet.
I think you're free to do anything with your bitcoin although states prohibit the use cryptocurrency. bitcoin is anonymous so if you're smart and clean government will not be able to see you. and you can use bitcoin freely. I was using bitcoin despite my country banned bitcoin
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