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Author Topic: Is stealing Bitcoin illegal?  (Read 39470 times)
blackmachinegun
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August 29, 2016, 11:46:28 AM
 #501

Stealing in general is illegal. Bitcoins? Ofcourse. It's a currency. It's stealing money basically.
I think as long bitcoin has no law or rule in any country. bitcoin then when you steal from other people's personal wallet. it included illegal but as long as there is no rule in the legislation about bitcoin. then no one can imprison you
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Noctis Connor
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August 29, 2016, 11:53:02 AM
 #502

Stealing in general is illegal. Bitcoins? Ofcourse. It's a currency. It's stealing money basically.
Only difference is chances of your getting caught is less with Bitcoin.That is why bitcoin should be used with much care a needs to kept safely
OFcourse stealing bitcoin is generaly illegal where, you are stealing someones money , our parents thoughts us not to steal right hehehe so i am agree with mjqlqw , and bitcoin wallet should be used with so much care and it is our reponsibility if you are going to share it to everyone probably we are going to be trick
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August 29, 2016, 12:12:14 PM
 #503

Let's say I generate a new address and by some miracle it has Bitcoin already in it belonging to somebody else. Is it legal to just take it? I understand those odds are very low, no need to lecture me, I'm just interested.

Very silly question Grin I think according to your assumption its not illegal. But a honest guy will not take others bitcoin Kiss
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August 29, 2016, 12:20:46 PM
 #504

Any stealing act for anything to anyone is still illegal wether it is online pr not.All stealing avt is considered a crime as long as you dont have permissions of the real owner

The real owner? Who decides that if it's possible for me to generate the same address? Just because I generated it after shouldn't mean it's illegal. It's not like exploiting an online wallet to steal private keys and drain the accounts.

I feel like you guys are just guessing to be honest, I want to know if it's legal or illegal to take bitcoins out of an address you just generated. Tongue
It is neither legal nor illegal; there are no laws governing this. Furthermore, if there were laws regarding Bitcoin, it would vary from country to country even though Bitcoin is an neutral international currency.

Taking Bitcoin from an address that you generated that already had Bitcoin would be considered immoral and would be highly frowned upon by the Bitcoin community.
as every bitcoin user know is that you can steal someones bitcoins and they cant track it back and that means that you cant be punished by stealing someones bitcoins because they are all illegal so when you get rid of your bitcoins it is just a shame for your self cant do anything about it!
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August 29, 2016, 12:39:48 PM
 #505

This shouldn't even be a question of legal. Legal != right or moral. The fact that the OP even would need to ask this question says a lot about them. I can only hope they don't now or ever have kids. The world is already overflowing with this type of mentality.
yeah this will depend on everyone's individual because although bitcoin has no rules though and there is no legislation to law bitcoin. it does not mean that bitcoin legalized theft. I think it will depend on each person. is it they think that stealing will harm people or not

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August 29, 2016, 12:42:03 PM
 #506

I would hope so  Shocked
After all bitcoin is equal to money. Cause what if someone who ran a ponzi scheme and took in 250 BTC from people. Would that not be seen as a crime? That is theft I would say for sure and maybe even a conviction of fraud directed towards the investors of that scheme.

I dont think stealing bitcoins is illegal because they dont even know what to think about the bitcoin them self is that not illegal i dont think they can track your coins back so if they steal it ylou cant get them back and that is the most reason why people are also using more walllets.
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August 29, 2016, 03:00:08 PM
 #507

I would hope so  Shocked
After all bitcoin is equal to money. Cause what if someone who ran a ponzi scheme and took in 250 BTC from people. Would that not be seen as a crime? That is theft I would say for sure and maybe even a conviction of fraud directed towards the investors of that scheme.

I dont think stealing bitcoins is illegal because they dont even know what to think about the bitcoin them self is that not illegal i dont think they can track your coins back so if they steal it ylou cant get them back and that is the most reason why people are also using more walllets.
of course it is illegal, it is still a property and i think that you might have a lot of trouble with law if you stole some bitcoins from others

 
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Legasean
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August 29, 2016, 03:07:16 PM
 #508

I dont think stealing bitcoins can be seen as illegal because there are allot of activities going aroung with the bitcoin that are also not really legal so i dont know how you can see something as ilegal and legal with the bitcoin.
katrimans
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August 29, 2016, 03:46:38 PM
 #509

I would hope so  Shocked
After all bitcoin is equal to money. Cause what if someone who ran a ponzi scheme and took in 250 BTC from people. Would that not be seen as a crime? That is theft I would say for sure and maybe even a conviction of fraud directed towards the investors of that scheme.

I dont think stealing bitcoins is illegal because they dont even know what to think about the bitcoin them self is that not illegal i dont think they can track your coins back so if they steal it ylou cant get them back and that is the most reason why people are also using more walllets.
Stealing is stealing whether it be bitcoin or anything, and by law, stealing is an illegal or an act of criminality. Even if nobody can actually trace who you are from what you did, it still doesn't mean that you can do it.

People use more wallets for security reasons and for other reasons as well, not just to get away from stealing because obviously, it's not that easy to crack open your wallet unless you generally give away too much information about it.
Chennai
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August 29, 2016, 04:02:33 PM
 #510

I dont think stealing bitcoins can be seen as illegal because there are allot of activities going aroung with the bitcoin that are also not really legal so i dont know how you can see something as ilegal and legal with the bitcoin.
Stealing is an illegal act dude. One works hard and earns the bitcoins, but the other takes away the money from the one who earned. Really unbearable dude. This is not a good act. Stealing of anything is illegal. It can be any currency or a valuable thing. Lets not encourage this using any source like our bitcoinforum.
jaesonma
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August 29, 2016, 04:14:28 PM
 #511

btc is defined as money in many countries, at least it is a digital good, anyone who steals your earphone is illegal, therefore stealing btc is also illegal.
Joel_Jantsen
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August 29, 2016, 05:45:30 PM
 #512

btc is defined as money in many countries, at least it is a digital good, anyone who steals your earphone is illegal, therefore stealing btc is also illegal.
Use better real life implications ,man! I get your point but stealing bitcoins is governed by a different set of protocols than that of stealing a earphone.Stealing bitcoins is linked to more of a Cyber Crime rather than a asset theft.I'm sure they'd have different laws or depending on the jurisdiction.

I dont think stealing bitcoins can be seen as illegal because there are allot of activities going aroung with the bitcoin that are also not really legal so i dont know how you can see something as ilegal and legal with the bitcoin.
Well mister,investing in a ponzi is not considered as illegal since they're not "moving" your coins out of your wallet to theirs neither forcing you to invest,its completely your decision.What can the government do if you fall for money doubling schemes?
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August 29, 2016, 05:50:51 PM
 #513

I think bitcoin is considered legal tender in some countries, in others its recognized as an asset... anyway, the case is, yes its very illegal to steal bitcoin, the problem is, its very hard to caught crypto thefts.
ajun96
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August 29, 2016, 10:37:05 PM
 #514

Stealing in general is illegal. Bitcoins? Ofcourse. It's a currency. It's stealing money basically.
I think regardless bitcoin is a currency or not. but whatever you stole from others is despicable and illegal act and I believe every country has laws to steal activities. surely you will be in jail when you steal something like bitcoin?
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August 30, 2016, 02:13:18 AM
 #515

Legal and Moral are two different kind of words. Some even use lawyers to bend around the laws, but are they moral? Of course not. Moral is what you know is fair for them or what is right to do. There are even laws that make bad things unpunished, for example if you are married , you are not valid for rape charges, so are these moral?
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August 30, 2016, 02:46:25 AM
 #516

I think bitcoin is considered legal tender in some countries, in others its recognized as an asset... anyway, the case is, yes its very illegal to steal bitcoin, the problem is, its very hard to caught crypto thefts.


Most of the countries still doesn't recognize bitcoin at all. So, they don't have regarding about this kind of act. But if we are going to see it lightly, it is really an illegal thing if someone is going to do it. And of course if you don't want to happen it to you, then don't do it to others. As karma is really always there.

Agree, if you intend to report about the stolen bitcoin incident in your country and  it doesnt heared about bitcoin then for sure  its still be useless but  in  just commonsense stealing to someone is illegal even  no one sees you but you already  create a crime. True, karma is real.

dearbesz1219
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August 30, 2016, 03:44:44 AM
 #517

Let's say I generate a new address and by some miracle it has Bitcoin already in it belonging to somebody else. Is it legal to just take it? I understand those odds are very low, no need to lecture me, I'm just interested.

We know that any illegal act is a kind of bad habit whether intentional or unintentional. But in your case you didn't expect that things will happen to you. So the question is how are you going to turn it back? Besides its not your fault its just sent to the address you generated.
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August 30, 2016, 03:50:05 AM
 #518

It could never happen in your entire lifetime so don't worry about it. Now if you intentionally stole some bitcoins by hacking someone's computer or stealing a phone then yes it's illegal.

True, you cannot give any reason about that if you really intentionally plan to steal it. neither hacking  someone's computer, whether it is an online or offline transaction.
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August 30, 2016, 03:55:55 AM
 #519

Legal and Moral are two different kind of words. Some even use lawyers to bend around the laws, but are they moral? Of course not. Moral is what you know is fair for them or what is right to do. There are even laws that make bad things unpunished, for example if you are married , you are not valid for rape charges, so are these moral?

Okay that awakens me.  Going back to the topic, if you are not aware that you steal it then it would be legal.  Since you are not bothered with what you have and do not think that you stole something.  But if you are a righteous one or someone that values morality then what happened is an illegal thing.  Having already bitcoins on the wallet that he/she generated.  

If you are married and then you wanted to do some sensual things with your partner but refuses it, yeah maybe it is not valid.  But I heard of some cases that were filed on court.  Wink
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August 30, 2016, 05:53:53 AM
 #520

Let's say I generate a new address and by some miracle it has Bitcoin already in it belonging to somebody else. Is it legal to just take it? I understand those odds are very low, no need to lecture me, I'm just interested.

We know that any illegal act is a kind of bad habit whether intentional or unintentional. But in your case you didn't expect that things will happen to you. So the question is how are you going to turn it back? Besides its not your fault its just sent to the address you generated.

Intentional or  not its the same thing if you intend to get those bitcoin or not. Same as you said  if he intend to   give back that coins to the real owner but the big question is how? since you dont even know whos the owner that  you accidentally generated by you. FOr sure you would keep those coins and thats stealing in any sense.

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