Is it legal to earn and hold bitcoin ?

[RoommateAgreement]

I can not say if the bitcoin is legal to earn or to hold.. but i heard that many people are using bitcoin for illegal activities..
But for me its legal to use but don't use in illegal activity such as buy weapon and drugs online using bitcoin..

if you want to use bitcoin for something illegal then it doesn't matter what laws say about bitcoin itself because even if using bitcoin is legal, you are doing something illegal becaus the act is so.

[ning_chang]

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 !

What country is that? For me. My suggestion you don't need to surrender your bitcoin. Because you can get and earn with bitcoin so.? That is very hard for me to surrender my bitcoin if that is my situation. Don't leave that bitcoin. Because no one knows that you used a bitcoin. Do not say anything that you used a Bitcoin their country. Keep secret what you are. Be anonymous. 😉 Because Bitcoin is the best earning a real money.

[davis196]

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 !

Want suggestions?Never provide ID verification when you are trading or to verify your wallet.

I`m not sure that this will keep you safe,but nobody is 100% safe.

The sad true is that btc isn`t 100% anonymous...

[quentincole32]

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 !

i believe in some country bitcoin is illegal,or maybe banned,or maybe cannot used as payment,but its will not make us stop or make bitcoin can't develop in this world,i believe some years enough for bitcoin to more popular.

[giggidy23]

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 !

1. Never ask strangers from the internet for legal advice.
2. No, it's probably not legal, but without knowing which country you're from, it's hard to tell.
3. You'll probably be fine unless you run around in I <3 BTC T-shirts, and stopping people in the street to sell them your bitcoins.
4. Feel free to ignore (2) & (3), because (1)

[angaper]

It is true that some countries have banned or restricted the use of bitcoin, but fortunately the internet technology does not know frontiers and there is no way to prevent us from use bitcoins my friend, and this is precisely one of the most important advantages of cryptocurrencies, so continue using bitcoins and forget your concerns on this matter.

[The Sceptical Chymist]

OP, how are the prisons in your country?   Take that into account when deciding on whether to do illegal shit.  If you're going to end up with a big black rattlesnake up your ass, with the video up on dailymotion...well, is that worth it?  Any cuntry that would ban bitcoin likely wants such pleasures for its citizens.

[Hazir]

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 !

1. Never ask strangers from the internet for legal advice.
2. No, it's probably not legal, but without knowing which country you're from, it's hard to tell.
3. You'll probably be fine unless you run around in I <3 BTC T-shirts, and stopping people in the street to sell them your bitcoins.
4. Feel free to ignore (2) & (3), because (1)

About this I <3 BTC T-shirts - I want to share interesting story.
I heard some guy complained that customs official at some English airport searched for bitcoins in his luggage and asked him: "Where did you put them? What?! The bitcoin! Where is it?!"
I don't think that custom official had any idea what bitcoin looks like. And all of that because he was wearing some bitcoin t-shirt or something.

[sana54210]

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 !

As of right now, there are only a limited number of countries that has set bitcoins as 'illegal' materials to be held. I'm not too sure which countries they are and I'm a little too lazy to search it up but google it up and it'll be right at the front.

[kryptqnick]

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 !

The legality of BTC differs from country to country. You can check some details here https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country, I guess, because I suppose its only only a question of legality but also a level of illegality differs.
E.g.: Bangladesh - anybody caught using the virtual currency could be jailed; as for Cyprus - The use of bitcoins is not regulated there

[GreenBits]

If the amount of income derived would be greater than the cost of penalty (including civil fines and the opportunity cost of jail), go for it. Otherwise, not worth it, from an organizational standpoint.

[Cresciuanto]

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 !

The legality of BTC differs from country to country. You can check some details here https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country, I guess, because I suppose its only only a question of legality but also a level of illegality differs.
E.g.: Bangladesh - anybody caught using the virtual currency could be jailed; as for Cyprus - The use of bitcoins is not regulated there

but i think still there is not a single country who have announced that they have legalize bitocin. because after legalization of bitcion there will be tax income tax withholding tax and so many other taxes you have to pay. in my county still the government has yet not given an statement on bitocin currency. so we have a dowel situation about its legal and illegal.

[romero121]

No country had given legal authority to earn and hold bitcoin. Few countries had made strong regulations against bitcoin, so those country government has the authority to stop the bitcoin use of people if I causes negative impact on country's economy.

[langedwig]

Earn, hold and exchange the BTC to your currency and send that to your bank account you have in your country. A lot can be done. Using BTC alone can be illegal. But using your own currency is not. Exchange the BTC to your currency and use them.

[devil11]

Earn, hold and exchange the BTC to your currency and send that to your bank account you have in your country. A lot can be done. Using BTC alone can be illegal. But using your own currency is not. Exchange the BTC to your currency and use them.

It will not be illegal if your country or those whom with you are trading accepts bitcoin. Exchange it into your currency will be more safest than using it in real. I think one's should convert it into his local currency and trade it safely. But if he want to trade outside, then use bitcoins. It is legal.

[wikenpp]

Earn, hold and exchange the BTC to your currency and send that to your bank account you have in your country. A lot can be done. Using BTC alone can be illegal. But using your own currency is not. Exchange the BTC to your currency and use them.

As far I know there is no country where bitcoin is illegal.
Russia did try to ban Bitcoin some months ago, but i heard they got resistance and postponed the law. The same happened in Bangladesh and China. But so far their are no concrete laws to make it possible for civilians to go to jail.

[bitbunnny]

Earn, hold and exchange the BTC to your currency and send that to your bank account you have in your country. A lot can be done. Using BTC alone can be illegal. But using your own currency is not. Exchange the BTC to your currency and use them.

As far I know there is no country where bitcoin is illegal.
Russia did try to ban Bitcoin some months ago, but i heard they got resistance and postponed the law. The same happened in Bangladesh and China. But so far their are no concrete laws to make it possible for civilians to go to jail.

Maybe the law isn't such that people who have Bitcoins could be put to the jail but maybe they coud be punished in another way, with some fines or something else. But this is realy bad and is violation of human rights, freedom of economy and markets. Bitcoin and other virtual currencies are the future no governement can't escape that.

[dragonusa9]

i think that still legal, because this is not only adult can earn and hold it
even a teenager can do it the same of adult, and there's no age or hold restriction to use bitcoin right? and using bitcoin isn't a crime except how you earn the bitcoin

[erikalui]

In my country, it is neither legal nor illegal and hence it's OK to earn or hold bitcoins. If it's illegal in your country, you could face a legal issue if your bank traces that you are conducting bitcoin related transactions and they would seize your funds.

[socks435]

Earn, hold and exchange the BTC to your currency and send that to your bank account you have in your country. A lot can be done. Using BTC alone can be illegal. But using your own currency is not. Exchange the BTC to your currency and use them.

As far I know there is no country where bitcoin is illegal.
Russia did try to ban Bitcoin some months ago, but i heard they got resistance and postponed the law. The same happened in Bangladesh and China. But so far their are no concrete laws to make it possible for civilians to go to jail.

Yeah some countries are bitcoin is illegal because bitcoin still anonymous and many people are still using bitcoin in many illegal like buy guns and drugs online using bitcoin,.