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Question: If this will be available
Legal - 37 (92.5%)
Ilegal - 3 (7.5%)
Total Voters: 40

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Author Topic: Legal bitcoin or illegal bitcoin  (Read 6022 times)
OrangeII
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August 23, 2017, 01:40:22 AM
 #21

I do not know, in some countries, the bitcoin becomes legal, and in some cases it becomes illegal. It may depend on its use, as many use illegal bitcoins, and many use them for public use.



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August 23, 2017, 04:51:43 AM
 #22

I do not know, in some countries, the bitcoin becomes legal, and in some cases it becomes illegal. It may depend on its use, as many use illegal bitcoins, and many use them for public use.

Legalizing bitcoin in one country is not that much on impact for me. It only gives the government an options for taxation and regulations and even prone to corruption in the long run. It is better this way that most country is just ignoring bitcoin for now. But in due time I know it will eventually.
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August 23, 2017, 05:59:17 AM
 #23

I'm sure some countries will ban it. But if my country bans it, I will probably tell them "What bitcoin? Oh I lost those in a boating accident!"  Grin
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August 23, 2017, 09:40:25 PM
 #24

I want Bitcoin to be called a clean name, when I drink coffee with my children, I am quick to pay and dream of doing with Bitcoin, but it is very easy to use for illegal purposes, but that does not make it bad.



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August 24, 2017, 07:28:56 AM
 #25

For me, what we do here to collect, get, and store bitcoins is a legal job. Although bitcoin is not yet legal in my country, but the government in my country is not concerned about the existence of bitcoin, since bitcoin has been used in one of the territories in my country and it works well and there is no resistance from the state government and the local government.
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August 24, 2017, 09:46:02 AM
 #26

I've only earn BTCitcoin in a legal way, black hat is not my thing. And in our country bitcoin is not yet approve in law, but bitcoin users are open and no need to hide because the business community support it. We even have our local wallet provider that is connected our earning through banks and remittance centers.
i agree to your answer bitcoin here in philippines is legal but not so popular because they only know how to deposit and to exchange only but i think in the future bitcoin will become popular to people here in the philippines if they learn how to earn

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August 31, 2017, 12:58:25 PM
 #27

In my opinion, Bitcoin should be legal, it can completely replace the FIAT. With the legal Bitcoin, we can go anywhere, buy anything do not need visa, do not need money cash. Very convenient to travel or trade. I firmly believe that Bitcoin will be the common currency of the world in the coming years.
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September 01, 2017, 01:26:10 PM
 #28

Legalizing bitcoin is not any of my problem but the need to study by one government. As long as I believe that what I do is not associated with criminal activity I'm safe. I don't need to wait for a law to tell me what I do is right or wrong. What matter is what you believe in, what matters is what is right and what matters is my family that I've supported through this.
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September 02, 2017, 01:40:33 AM
 #29

Bitcoin is legal or illegal, I do not know. yes may depend on the consideration of its users. Some people recognize Bitcoin entirely as a currency, some only consider it a financial instrument, and some allow it with special warnings, and some also provide legal status by default because there are absolutely no rules made about Bitcoin. Although most of them still enjoy the benefits of bitcoin decentralization, the attitude of government or regulatory bodies against it. remains an important influence, especially for its future sustainability.
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September 02, 2017, 04:31:04 AM
 #30

I think if bitcoin has clear legality it will certainly allow faster bitcoin development because of government support for bitcoin advancement.
But so far it does not become an obstacle to the development of bitcoin of course with the passage of time either the popularity or the legality of bitcoin will be realized.

   
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September 02, 2017, 05:57:05 AM
 #31

bitcoin gives people such a good impact. so, there's no reason to make bitcoin illegal in my country. Well, although I know, there are still some people who use it for their own benefit, and do illegal transactions, but nowadays, bitcoin has more good effects than bad ones. so, of course it's legal.

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September 03, 2017, 09:44:46 AM
 #32

Every thing has a negative or positive effect. As of where we drive them as our wish.  Bitcoin is now most important currency online platform. So there is no reason to mark illegal Bitcoin. It has so more good effect than a bad idea.
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September 06, 2017, 10:26:17 AM
 #33

I think that it dependences on how you use them, but i don't find any harm Grin
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September 06, 2017, 10:55:45 AM
 #34

illegal because it is global and not depend on $
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September 06, 2017, 11:10:26 AM
 #35

 to be  honest it is depend on the way you see
if you government it is illegal

normal person is legal
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September 06, 2017, 11:14:48 AM
 #36

It depends on the country. Some goverment have adopted legislation that makes Bitcoin illegal. In some parts, Bitcoin is legal.
But most of the countries haven't take any action for the bitcoin.

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September 06, 2017, 12:20:06 PM
 #37

I think that most countries will in a near future create legislation on bitcoins. I believe it will be perhaps related to the amount of importance they gain in their economics and their necessity to control the transactions and taxs, mostly when people exchange bitcoins for the using currency and do businesses with it.
In counties where many companies accept BTC as a payment method, governments will definitely have the necessity to legislate.
As to being legal or illegal, just like it happens now with all existent currencies, it depends on whether they are used to legal or illegal transactions and operations. The problem with BTC, I think, is that they are more difficult to track by the authorities, thus of course legislating will always try to reinforce this control.   
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September 17, 2017, 02:49:38 AM
 #38

It depends on the country. Some goverment have adopted legislation that makes Bitcoin illegal. In some parts, Bitcoin is legal.
But most of the countries haven't take any action for the bitcoin.

That's right. It depends on where you are residing if bitcoin is illegal or not. Many people doesn't know bitcoin yet and their government is not yet alerted by the growing community of crypto users in their country thus it doesn't make it legal or illegal but in the context that it is not yet declared illegal in your country means it is presumably legal and if you observe that bitcoin is use freely in your country then it would be good for you.

There are countries that declared bitcoin illegal because they are worried their countrymen would make crypto as a means of doing something illegal like selling drugs, firearms or supporting terrorism and some media outlets reiterate in their viewers that bitcoin is use by people doing something illegal. There are countries that declared the legality of bitcoin and collect taxes to people that have income from it.



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September 17, 2017, 05:51:41 AM
 #39

It will still be a long time before there are major regulations relating to bitcoin. Even the US has auctioned off bitcoin from silk road many times. I do however see judges and cops have a sort of bias against cryptocurrencies, as if they just assume it is used for drugs or something.

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September 17, 2017, 05:58:23 AM
 #40

Buying and selling bitcoin is illegal or so is what I read. Nothing was said against earning bitcoin.

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