bitcoin legal vs illegal ???

[carlfebz2]

The key problem is that bitcoin is a huge and better competitor for the fiat money system of the banks who owns the governments. In many cases the total debt of a country is similiar to what this country has paid as interest for money they have borrowed from the private banks. In other words, if governments wouldn't borrow money for interest from banks, then the total debt of a country could be zero and there would be much more money available for the people.

So if a country declares bitcoin as illegal, then because it's a dangerous system for their money printing system and not because you have the option to use it anonymous. And as several countries already declared it as legal confirms that the possible anonymous use of bitcoin is irrelevant for this decision.

This is true on which there would be always a friction among two things and this is why banking system do really see bitcoin as a competition but yet some wont really bother at all because they know that people or community would still able to stick on traditional ways that they know specially if its backed by the government.Come to think off that most people would really always rely on those things that being legalized or backed by them.

[jungwong]

Bitcoin is NOT currency and never will be. Can you buy stuff with it - yes. Is it legal -yes, who can forbid to sell something in exchange of anything?

[chineseprancing]

That's why my government still not legalize bitcoin yet as I know bitcoin untracable and it become the advantage for corruptor which my people are against with them.
Although bitcoin still not legalize yet but I still can use bitcoin with my own risk !

Lots of people are not responsible for using bitcoin. they use bitcoin for a crime. I also use bitcoin at this time and in my country there has been no legal or illegal action of bitcoin. it all depends on yourself, because I'm sure when we use bitcoin well then we will produce good thing and when we use bitcoin for negative actions then I am sure bad thing will happen. indeed it will not happen at this time, but it is all because we get the results of what we have done.

Actually bitcoin or any crypto currencies are not legal in our country, but it is also not illegal because even crypto currency in our country are not covered by the government, they can also followed to the rules and regulations of our country. So meaning to say using bitcoin or any other altcoins it is not prohibited to used.

Definitely our country are very thankful to the crypto currencies because using of this currency some jobless in our nation were got work thru help of them.

[Lancusters]

That's why my government still not legalize bitcoin yet as I know bitcoin untracable and it become the advantage for corruptor which my people are against with them.
Although bitcoin still not legalize yet but I still can use bitcoin with my own risk !

Lots of people are not responsible for using bitcoin. they use bitcoin for a crime. I also use bitcoin at this time and in my country there has been no legal or illegal action of bitcoin. it all depends on yourself, because I'm sure when we use bitcoin well then we will produce good thing and when we use bitcoin for negative actions then I am sure bad thing will happen. indeed it will not happen at this time, but it is all because we get the results of what we have done.

Actually bitcoin or any crypto currencies are not legal in our country, but it is also not illegal because even crypto currency in our country are not covered by the government, they can also followed to the rules and regulations of our country. So meaning to say using bitcoin or any other altcoins it is not prohibited to used.

Definitely our country are very thankful to the crypto currencies because using of this currency some jobless in our nation were got work thru help of them.

If the unemployed get a job using bitcoin it means that they have a good education. I guess we can't call them unemployed in the classical sense. They just don't agree with the wages they offer and do not want to work. Bitcoin now can really bring a good profit. The state can not compete and therefore will apply repressive measures to the users of bitcoin.