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Author Topic: Finally Bitcoin is legal in my country 8)  (Read 5501 times)
CryptoBry
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September 11, 2017, 03:37:31 AM
 #41

Probably in the country where i live, bitcoin is not accepted by the government.but there is no prohibition on the use of bitcoin and there are no binding rules for bitcoin at this time. The absolute right is controlled by each individual bitcoin user.

This is quite true with many countries...maybe the governments of these countries have not yet taken the time to analyze and do something with Bitcoin because Bitcoin is still not yet on their radar. here in my country, the government has already ruled that Bitcoin and all of cryptocurrency will be recognized the same as any foreign money under the law on remittance.
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September 11, 2017, 06:11:53 AM
 #42

A latest news about 15 minutes ago I found at the social media with a video at TV direct mobile recorded ( CNBC news )
Thier was clearly mentioned that Bitcoin will be legalized , currently the Bitcoin unregulated and this will take about 6
Months to regulate with the new rules against the Bitcoin to control and stop the missuse in illegal activities .
So why not we should have positive thinking about the Bitcoin that have have good future and support by the many countries .
Share your thoughts about the status of the Bitcoin in your country .
Cheers .

you have not even mentioned the country you are refering to so how do you expect the message to make sense to readers???

please edit and indicate the country ASAP

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Sayrus138
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September 11, 2017, 05:53:08 PM
 #43

Probably in the country where i live, bitcoin is not accepted by the government.but there is no prohibition on the use of bitcoin and there are no binding rules for bitcoin at this time. The absolute right is controlled by each individual bitcoin user.

This is quite true with many countries...maybe the governments of these countries have not yet taken the time to analyze and do something with Bitcoin because Bitcoin is still not yet on their radar. here in my country, the government has already ruled that Bitcoin and all of cryptocurrency will be recognized the same as any foreign money under the law on remittance.

Or like securities with an obligation to pay taxes on profit.
In Russia, people couldn't buy physical gold (only jewelry) to prevent the export of it. They could buy only unallocated accounts in gold\silver etc..
The same thing could be with Bitcoin. The government could forbid use bitcoin or any cryptoccurency as a currency to buy something.  They could ban use cryptocoins for purchases and allows only to use unallocated accounts in BTC.
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September 11, 2017, 08:53:19 PM
 #44

New info from Russia's Central bank
https://www.coindesk.com/russias-central-bank-issues-warning-cryptocurrencies-icos/?sp_url=67i9
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September 12, 2017, 02:23:53 PM
 #45

Great to know that, many countries have started recognizing the bitcoins. But you have not mentioned the name of your country, may I know which country it is ?
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September 13, 2017, 10:16:11 PM
 #46

I'm happy bitcoin will be legal in your country, bitcoin in my country still does not get more attention from the government even though it's been a lot of event and marketing about bitcoin. I'm not sure bitcoin will become legal in my country.
It's just a matter of time, if I guess you are from Indonesia.
I realize the Government will not legalize Bitcoin, because they do not get taxes.
this is a big issue for the Government, because taxes are the main source of development. it may take 3 years the government will legalize bitcoin. just guessing. Grin

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Sayrus138
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September 14, 2017, 04:44:40 PM
 #47

Right now the world is dividing into two parts. Where the Bitcoin is legal where is not. Great to be in a first one part of the world.
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September 14, 2017, 05:33:17 PM
 #48

Right now the world is dividing into two parts. Where the Bitcoin is legal where is not. Great to be in a first one part of the world.

Nope. There is a third category as well. It consists of countries such as India and Russia, where the usage of Bitcoin is neither legal nor illegal. The case with Russia is especially interesting. Some of the government officials are in favor of legalizing Bitcoins, but the vast majority remain opposed to that idea. This puts the Bitcoin-related activity in the grey zone, which is risky for the users.
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September 14, 2017, 06:50:45 PM
 #49

congrats to those, where Bitcoin got legal unfortunately where I live government is a bit slow on these matters but nice thing is we can trade easily here neither the btc is ban nor legalized.  Tongue  Cheesy
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September 15, 2017, 08:52:45 PM
 #50

even if they dont legalize it doesnt matter much right? its not to releated to any country
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October 06, 2017, 08:17:04 AM
 #51

A latest news about 15 minutes ago I found at the social media with a video at TV direct mobile recorded ( CNBC news )
Thier was clearly mentioned that Bitcoin will be legalized , currently the Bitcoin unregulated and this will take about 6
Months to regulate with the new rules against the Bitcoin to control and stop the missuse in illegal activities .
So why not we should have positive thinking about the Bitcoin that have have good future and support by the many countries .
Share your thoughts about the status of the Bitcoin in your country .
Cheers .

ho it is really. if bit coins are legal that's really good matter. i have to go that country and stay few years their. mostly up to now in any country they did not declare bit coins are legal. so it is impossible to start it. so nothing to worry about this issue.
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October 06, 2017, 03:12:56 PM
 #52

In tunisia bitcoin and any foreign currency illegal Undecided Undecided Undecided
savushkinTA
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October 06, 2017, 03:20:26 PM
 #53

Bitcoin will never become legal in my country. Welcome to Belarus
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October 06, 2017, 05:15:13 PM
 #54

Bitcoin will never become legal in my country. Welcome to Belarus
Who knows maybe it will be leagalized in your country soon.Because bitcoin was leagalized in my country just one month before.
Even if it was not legalized also no problem for using in any countries because it doesn't depend on any country.
So keep earning bitcoins,soon you gonna need thise for your future lifestyle.

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October 06, 2017, 05:37:36 PM
 #55

Hi! The title of the thread seems to be misleading but that is a great news if indeed it is true! Imagine having Bitcoins freely flowing worldwide? What a feat! Nonetheless, I agree that governments must ensure the same is regulated so as to protect the people. It cannot just be allowed to keep flowing in and out without prescribing certain rules and regulations for it will definitely be used by criminals as a medium to proliferate their illegal causes. 
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October 06, 2017, 07:23:36 PM
 #56

A latest news about 15 minutes ago I found at the social media with a video at TV direct mobile recorded ( CNBC news )
Thier was clearly mentioned that Bitcoin will be legalized , currently the Bitcoin unregulated and this will take about 6
Months to regulate with the new rules against the Bitcoin to control and stop the missuse in illegal activities .
So why not we should have positive thinking about the Bitcoin that have have good future and support by the many countries .
Share your thoughts about the status of the Bitcoin in your country .
Cheers .


good news for you and good luck in your business.


hope to make safe way to exchange bitcoin to cash (bank trans) and start some services (selling / buying hardware things )
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October 06, 2017, 10:00:28 PM
 #57

even if they dont legalize it doesnt matter much right? its not to releated to any country
It is as you said, legalization or not, Bitcoin is here to stay and will without fail, keep breaking even more barriers. As far as Bitcoin is concerned, legalization is not absolutely necessary, though when it is, it becomes easier for high networth individuals as well as corporate institutions to bring in their money with some level of assurance and expectation. These increase in demand of Bitcoin is actually what is the impressive value of Bitcoin.
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October 07, 2017, 08:45:36 AM
 #58

Good to hear that, Smiley sounds very good news to known.. i so expect in my country also can really legalize the use of bitcoin officially and recognized the government. The government in my country seems still to have taken a neutral stance on bitcoin. Banks in my country explain that bitcoin is neither a currency nor a payment's tool was legitimate, but it doesn't say that a digital currency (bitcoin) is illegal. And in my country just give a warned.. the country will not to be responsible or defence the risks that if bitcoin users got a problems on bitcoin transactions, (it's a risk for bitcoin users).

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October 07, 2017, 09:29:33 AM
 #59

I don't understand why you're happy. Your government States that after 6 months, for the fact that they recognize that your use of bitcoin and for that you have to pay them money in taxes. I think we should not pay attention to the government. I am opposed to the legalization of bitcoin.
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October 08, 2017, 04:51:11 AM
 #60

A latest news about 15 minutes ago I found at the social media with a video at TV direct mobile recorded ( CNBC news )
Thier was clearly mentioned that Bitcoin will be legalized , currently the Bitcoin unregulated and this will take about 6
Months to regulate with the new rules against the Bitcoin to control and stop the missuse in illegal activities .
So why not we should have positive thinking about the Bitcoin that have have good future and support by the many countries .
Share your thoughts about the status of the Bitcoin in your country .
Cheers .

What you have failed to do is to mention the country so it can be verified. The legality of bitcoin is something that will come sooner or later but what matters is what are the underlying effects that will come with that legalization as it relates to the freedom bitcoin is promising everyone. That is a question I would want answers to because government all over the world will not do anything without their own interest being protected.
Exactly even I read the thread three times did not find his country name. I have not heard of any big country recently legalizing bitcoin. Most of the countries have an absolutely unregulated behaviour towards all the cryptocurrency.
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