mindrust
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March 31, 2017, 06:05:29 PM |
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Most countries don't even have a clue about what bitcoin is atm. Unless bitcoin starts to harm their economy, tax returns, banks, fiat money etc countries won't give a damn. When bitcoin gets big and starts to harm countries, it will cause problems. We are good for now.
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audaciousbeing
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April 01, 2017, 07:22:54 PM |
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Most countries don't even have a clue about what bitcoin is atm. Unless bitcoin starts to harm their economy, tax returns, banks, fiat money etc countries won't give a damn. When bitcoin gets big and starts to harm countries, it will cause problems. We are good for now.
In addition to bitcoin start hurting the economy, which wont start until large corporations start using bitcoin with large amount of money being moved without authority taking note of such and this is eating deep into the revenue base of the country then the countries will sit up and the moment they realise there is no loop hole to exploit, then they will maintain a position in order of urgency.
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1.btcwonder
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April 05, 2017, 08:18:53 AM |
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the legitimate status of bitcoin differs considerably from nation to nation and it is yet indeterminate because it's legal or illegal status is changing day by day in many countries. While a few countries have expressly permitted its utilization and exchange, others have prohibited or limited it. Similarly, different government offices, divisions, and courts have characterized bitcoins in an unexpected way.
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biskitop
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December 16, 2017, 06:54:04 AM |
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I guess because bitcoin transactions do not go through the bank, because that's what the government can not control whether it's a legitimate or unauthorized transaction.
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bajigur894784
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December 16, 2017, 07:42:19 AM |
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I think bitcoin does not ilegal in rusia, if not mistaken, some time ago I've read an article, inside it in writing .. that the demand for electronic currency in Russia is high, and they believe that it takes a flexible approach to regulate blockchain. By 2018, Russia may legalize bitcoin and other cryptocurrency types.
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Felix1
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December 18, 2017, 03:10:48 PM |
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In markets or countries where Bitcoin would be deemed illegal, it would be just that, illegal. Trading, on-loading/offloading and accepting Bitcoins (as a business/individual) would be restricted. Having said that, it would most likely increase demand and a parallel grey economy that would support all facets of bitcoin trading/buying/selling.
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lili song
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December 19, 2017, 04:19:50 AM |
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Many people said illegal, because their country the government not legalized yet. So for their country bitcoin is illegal. But actually for my country, my government not legalized bitcoin yet. But many people use bitcoin to invest and do transactions. They believe one day (in the future) the government will legalized bitcoin.
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Rajamuda
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December 19, 2017, 09:06:43 AM |
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Many people said illegal, because their country the government not legalized yet. So for their country bitcoin is illegal. But actually for my country, my government not legalized bitcoin yet. But many people use bitcoin to invest and do transactions. They believe one day (in the future) the government will legalized bitcoin.
I'm the one of all that have an thinking like that, all the governments of each countries certainly have a differences of opinion on bitcoin, and I believe in the future about legal or not legal.. it would be more considering by all the countries, it will be a bad news or a good news. As long as the government doesn't really ban us to selling bitcoin to local currency or engage in activities such as investing, trading, seeking for other profits in various ways (except spending it on goods), I think no need if we too focused it must be legal in our country, as a good citizens.. we can only hoping about that and it can be the best for us.
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bitfocus
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December 19, 2017, 09:46:51 AM |
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For some governments like China, but no one can control Bitcoin or Regulate Bitcoin, so whatever they say, Bitcoin will be ruling.
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Vastraint
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December 19, 2017, 12:31:12 PM |
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Wikipedia is always up to date and I believe it's a fact. I also think that Russia doesn't really make bitcoin illegal but they only just regulate bitcoin to avoid money laundering. That was the last update I'm read somewhere here I guess. And so I think this site is legit, so you can exactly see it here. Also let's just hope bitcoins illegality will soon get revoke on some countries in the world. And don't loose hope if this currency, bitcoin, is illegal at your nation, they will soon accept it, believe me!
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Kemarit
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December 20, 2017, 04:33:45 PM |
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Wikipedia is always up to date and I believe it's a fact. I also think that Russia doesn't really make bitcoin illegal but they only just regulate bitcoin to avoid money laundering. That was the last update I'm read somewhere here I guess. And so I think this site is legit, so you can exactly see it here. Also let's just hope bitcoins illegality will soon get revoke on some countries in the world. And don't loose hope if this currency, bitcoin, is illegal at your nation, they will soon accept it, believe me! You people really don't get it as far as Russia is concern. Russia under Putin will not make bitcoin and any crypto legal because they are afraid that when the time comes, bitcoin will ruin their economy because bitcoin is decentralized and can't be control. This is the same instance of China and Russia is also doing the same. They already have their own government back cryptorubbles. And you need to take everything with a grain of salt the news coming from them regarding crypto's because they always contradicts themselves. That alone means that they are not bitcoin friendly. They are just riding on the popularity of it. And as for their own crypto's it won't be successful because of the high taxes that they are imposing. Imagine a ordinary citizens buying it but with a 12% tax?
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Mantisa83
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December 20, 2017, 05:51:43 PM |
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Wikipedia is always up to date and I believe it's a fact. I also think that Russia doesn't really make bitcoin illegal but they only just regulate bitcoin to avoid money laundering. That was the last update I'm read somewhere here I guess. And so I think this site is legit, so you can exactly see it here. Also let's just hope bitcoins illegality will soon get revoke on some countries in the world. And don't loose hope if this currency, bitcoin, is illegal at your nation, they will soon accept it, believe me! You people really don't get it as far as Russia is concern. Russia under Putin will not make bitcoin and any crypto legal because they are afraid that when the time comes, bitcoin will ruin their economy because bitcoin is decentralized and can't be control. This is the same instance of China and Russia is also doing the same. They already have their own government back cryptorubbles. And you need to take everything with a grain of salt the news coming from them regarding crypto's because they always contradicts themselves. That alone means that they are not bitcoin friendly. They are just riding on the popularity of it. And as for their own crypto's it won't be successful because of the high taxes that they are imposing. Imagine a ordinary citizens buying it but with a 12% tax? Unfortunately, I agree with you. The Russian president and the authorities will not allow the free purchase and sale of crypto currency. Bitcoin will be taxed.
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Saif Mughal
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December 22, 2017, 11:06:52 AM |
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BTH is illegal in five countries that would i know rest of them is unkind
1 Russia 2 Korea 3 United Arab emirates 4 turkey 5 Iran
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Lasvista
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February 18, 2018, 10:26:31 AM |
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Hello !
I know for example that in Russia, Bitcoin is now considered as illegal since few months.
And I just want to know if someone can give me (give me a website link) where is an exhaustive country-list about whether this money is legal or not ? I did not find it on Internet ...
Thanks in advance !
There are countries that been illegal , or disagree on the bitcoin , and to be honest I'm doing some basic search about it feel free to look at the link , the information that I got is from cnn news. I'm hoping that it would help , feel free to look at it. Link: https://www.ccn.com/top-10-countries-bitcoin-banned/
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aliceakaj
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February 18, 2018, 08:48:47 PM |
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In maghreb.
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Seeker#9
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February 20, 2018, 03:02:25 AM |
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According to some online reports, bitcoin is not illegal in Russia but using it as payment is still illegal. Bitcoin transaction are still not allowed because the Russian government fears that cryptocurrencies may be use by some elements to fund terrorism and other ilegal activities that might their economy and national security. The latest news is there is a pending bill that seek to regulate cryptocurrency exchanges, restrict crypto mining and penalizing coin payments.
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Budugbass
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February 20, 2018, 06:15:06 AM |
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I guess because bitcoin transactions do not go through the bank, because that's what the government can not control whether it's a legitimate or unauthorized transaction.
And wherever the countries that still thinks it's illegal, it is only a concern that has a negative impact on the country and its citizens, in a various forms which indeed the advantages of bitcoin can be exploited for a negatively things. In addition, the governments is still not deepening about the technology related on bitcoin and other things that must be deepened to be able/that can indeed to advance the country.
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mharz
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February 20, 2018, 10:34:29 AM |
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I guess because bitcoin transactions do not go through the bank, because that's what the government can not control whether it's a legitimate or unauthorized transaction.
And wherever the countries that still thinks it's illegal, it is only a concern that has a negative impact on the country and its citizens, in a various forms which indeed the advantages of bitcoin can be exploited for a negatively things. In addition, the governments is still not deepening about the technology related on bitcoin and other things that must be deepened to be able/that can indeed to advance the country. Yeah your right, in any country bitcoin was not yet legal. All crypto currencies in different parts of the world were not yet given authorization to used as regular currency. However I believe that some of this day bitcoin will lead of legalization but it takes a lot of consequences before it happen.
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DU18
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February 20, 2018, 01:08:42 PM |
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Hello !
I know for example that in Russia, Bitcoin is now considered as illegal since few months.
And I just want to know if someone can give me (give me a website link) where is an exhaustive country-list about whether this money is legal or not ? I did not find it on Internet ...
Thanks in advance !
I know that Bangladesh government has also banned bitcoin for money laundering.In 2012 month of September Bangladesh bank ruled that if anybody found using bitcoin he/she will be sent to jail for 12 months.Also I heard India has banned bitcoin.for long time although they made it legal on this year.Also Kenya banned bitcoin couple of year's ago.
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