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Author Topic: i heard bitcoin illegal in Taiwan...why?  (Read 12614 times)
asraaf8687
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June 04, 2018, 09:47:11 PM
 #141

we have never heard the news. we think that many countries like bitcoin currency are not yet legal, this is why bitcoin still has not increased the higher value. but if they review more countries or stores accept the currency bitcoin, maybe most bitcoin for the country will receive bitcoin currency is a legal status ..

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asraaf8687
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June 04, 2018, 11:50:03 PM
 #142

we have never heard the news. we think that many countries like bitcoin currency are not yet legal, this is why bitcoin still has not increased the higher value. but if they review more countries or stores accept the currency bitcoin, maybe most bitcoin for the country will receive bitcoin currency is a legal status ..
many countries impose different laws and regulations in their respective countries, thus maintaining the practice of the Bitcoin currency. So far not have a country that prohibits the currency whose name is bitcoin. if you can use bitcoin currency, buy or hold. They just do not want to understand to use as a means of payment in a transaction.

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June 06, 2018, 06:24:42 PM
 #143

I try not to ask "why". If bitcoin is banned in any country, you can always find another jurisdiction. In addition, it is easy, given the anonymity of the bitcoin network.

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June 09, 2018, 02:13:04 PM
 #144

Yes i also heard the news that usage of bitcoin is ilegal in Taiwan. They want to avoid the people using bitcoin for illegal purpose. Because bitcoin is the easy way to earn money easily. This is now normal that countries ilegalizing bitcoin. But at the same time many countries now accept bitcoin as legal in their country. But they announced some rules and regulations to use bitcoin. Because in future the digital currency will be accept by all countries. So in future Taiwan also reconsider its decision and accept bitcoin as legal.

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June 09, 2018, 03:18:37 PM
 #145

 I think, Taiwan government wants to control on their currency but they can not control bitcoin users. That's way i hope one day government can be roll back order against bitcoin and would be accepted as a legal digital currency.
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June 09, 2018, 03:56:30 PM
 #146

Bitcoin being a decentralized currency....some countries define it as illegal because they feel that it will create a economic imbalance in their ...
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June 12, 2018, 12:50:37 PM
 #147

Maybe because that country sees bitcoin or cryptpcurrency on a different perspective as a thing which cannot helps them prosper so thats why their government illegalize it. I believe they did not ban it in purpose and they are the one who should convinced by those cryptocurrency supporting countries to change their minds.

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June 12, 2018, 07:02:15 PM
 #148

Bitcoin is facing many hardships in Asia. First in China and Indian, and now in Taiwan? And what is your source? I have never heard of it banning bitcoin. But if that is true, then they have dont the wrong choice. Many countries are banning bitcoin and many are accepting it which is I reckon to be the right thing to do.

Added to that, perhaps the government considered it to be a threat to it because people would stop relying on banks. So I think that's why they banned bitcoin



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June 14, 2018, 11:26:09 AM
 #149

Yes this is true in Taiwan bitcoin would be announced as illegal. The Taiwan government wants their people to avoid illegal activities using bitcoin. If bitcoin is legal then people wont go to banks they just invest in bitcoin they can easily make more profit in a short period. If it happens this is a great loss to the country's economic growth. So they banned bitcoin in their country. Not only taiwan now so many countries annouced bitcoin as illegal. But at the same time many countries accept bitcoin as legal with some rules and regulations.


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July 02, 2018, 11:22:17 AM
 #150

The real reason for Bitcoin's ban in the country is to put pressure on the people of Taiwan, which begins to show increasing interest in buying and even paying for services and accounts using crypto currency

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August 12, 2018, 07:32:25 PM
 #151

I don't see any news someone was arrested because of a Bitcoin transaction in Taiwan, the report you've heard perhaps about someone that was suspected of having Bitcoin on his possession and trying to cash it out and people are doubting that he has a lot of money now but they know that a person has no job at all... many cases happen this day everywhere...

Others think that he is doing something illegal...

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