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Author Topic: Why bitcoins illegal ????  (Read 13899 times)
pinoycash
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October 21, 2016, 10:44:27 AM
 #81

bitocin is illegal for some countries , as they consider it as illegal currency but still most of the people have no statement about bitcoin therefore bitcoin is not illegal for them.

I guess, they're reason is if they cannot make money its illegal, since money controls people. and they cannot control how bitcoins works, they dislike how the monetary system works, 


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October 21, 2016, 12:18:23 PM
 #82

why bitcoin is still illegal in many countries of world Huh Is there any solid reason behind this ??/
Bitcoin don't really needs in some countries where they don't accept it just because they their goverments don't wants to have another currencies to be use dollars is already okay for them if bitcoin will unban in some of countries like russia then it will be good as well bitcoin will be more stronger and more reliable in the future.

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October 21, 2016, 12:38:52 PM
 #83

why bitcoin is still illegal in many countries of world Huh Is there any solid reason behind this ??/
Bitcoin don't really needs in some countries where they don't accept it just because they their goverments don't wants to have another currencies to be use dollars is already okay for them if bitcoin will unban in some of countries like russia then it will be good as well bitcoin will be more stronger and more reliable in the future.
Russia is one of the first wants to introduce criminal responsibility for the execution of the cryptocurrency. The ruble has always been called "wooden". No one appreciates that. As soon as you can earn currency, people will do it. Russia's economy is already falling, and in this case will in General collapse.
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October 21, 2016, 01:01:53 PM
 #84

because the government can't control  it.
onelove2111
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October 23, 2016, 03:44:30 PM
 #85

because the government can't control  it.

That's for sure. The government is afraid that cryptocurrency negative impact on the economy as a whole. Therefore, in many countries of Bitcoin illegal
olyaru
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October 28, 2016, 04:52:16 PM
 #86

Perhaps the price will be strengthened further, but only on condition that bitcoin will be outlawed. His popularity will only grow in the more civilized countries, and in other possible price will be much higher.
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October 28, 2016, 04:56:32 PM
 #87

because the government can't control  it.
It is now much more interested in bitcoin started because it can use or have already done so, in illegal and unlawful projects, so anything is possible.
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October 29, 2016, 04:41:46 AM
 #88

Perhaps still quite early to say a total ban on the trade market bitcoin currency and recognition cryptocurrency general. The fact that this market is still very young, and bitcoin not become so popular that it began to be considered with larger assets. I think that is still to come and bitcoin legalization will come soon.

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coszy
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October 29, 2016, 04:46:35 AM
 #89

Perhaps still quite early to say a total ban on the trade market bitcoin currency and recognition cryptocurrency general. The fact that this market is still very young, and bitcoin not become so popular that it began to be considered with larger assets. I think that is still to come and bitcoin legalization will come soon.
Actually not a lot of work needed to recognize bitcoin as waltzes and legalize it, to start power really want to have control over cryptocurrency and admission to all financial transactions. This may be the first condition.
derekis126
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October 29, 2016, 05:59:47 AM
 #90

It is legal, even Russian government admits it is legal now. Where is illegal?
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October 29, 2016, 06:58:08 AM
 #91

i think because the government is not yet informed about the online virtual currency. maybe if someone can explain about this it will be legalized in your country. just hope that anyone will defend the side of the virtual currency in your country. or if not you can trade secretly from your country to another to have an extra income.

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October 29, 2016, 02:50:34 PM
 #92

The government somehow believe the income of its citizens and their. And therefore, they do not want to share with anyone. Therefore, never recognize bitcoin.
PetroffVany
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October 29, 2016, 09:54:41 PM
 #93

I think that America is not beneficial to accept bitcoin. She will do everything to in the world no country did not. Why the dollar competitor to bitcoin.
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October 30, 2016, 09:04:21 AM
 #94

First of it's very hard for a government to controll the use of Bitcoin so in democatic countries it's almost irrelevant whether it's legal or not. In the non-democratic countries the situation is different though: a neighbor might snitch on you and your place would be searched by the police, your computer confiscated and then even you never used Bitcoins they will "prove" that you were using them and put you in jail.

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October 30, 2016, 11:24:10 AM
 #95

Why be put in jail? I think that such reprisals will not be. Just bitcoin will not be recognized. And if they want to ban bitcoin there is nothing difficult in it is not.
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October 30, 2016, 11:57:52 AM
 #96

Most of the government officials are corrupt and secretly stealing the people's money and I think this is also the one of the reason why do they ban and set bitcoin as illegal because they can't steal people's bitcoin. The other reason might be because they found bitcoin was hard to manage and they don't get what it bitcoin really all about, and the other thing is because in some country, bitcoin is the most payment that is required to buy drugs online to stay anonymously to the public, that's why the government get rid of it before it get worst.
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October 30, 2016, 05:43:08 PM
 #97

If you allow bitcoin, the economy of weak countries can collapse. Why work for not a stable currency if there is a bitcoin? The world will be chaos.
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October 30, 2016, 06:08:47 PM
 #98

Most of the government officials are corrupt and secretly stealing the people's money and I think this is also the one of the reason why do they ban and set bitcoin as illegal because they can't steal people's bitcoin. The other reason might be because they found bitcoin was hard to manage and they don't get what it bitcoin really all about, and the other thing is because in some country, bitcoin is the most payment that is required to buy drugs online to stay anonymously to the public, that's why the government get rid of it before it get worst.
Yeah same here in my country that most of them and governments are corrupt but we have new elected president and hope those corruption will gone..
And if bitcoin will be connected in government i think that it can affect the price movement of the price because its government do like our fiat..
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October 30, 2016, 06:09:07 PM
 #99

If you allow bitcoin, the economy of weak countries can collapse. Why work for not a stable currency if there is a bitcoin? The world will be chaos.

There will be chaos if the government will take proper laws regarding cryptocurrency. This allows you to control cryptocurrency. And benefit from this and get people and government
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October 31, 2016, 11:27:06 AM
 #100

If you allow bitcoin, the economy of weak countries can collapse. Why work for not a stable currency if there is a bitcoin? The world will be chaos.

There will be chaos if the government will take proper laws regarding cryptocurrency. This allows you to control cryptocurrency. And benefit from this and get people and government

It is because bitcoin creates by binary program only. It is not totally illegal it is half legal because it is created by satoshi nakamoto. It is also for good money transaction in the internet which you can get bitcoin over the faucet and forum or given to you by your campaign if you have.
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