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Question: If this will be available
Legal - 58 (93.5%)
Ilegal - 4 (6.5%)
Total Voters: 62

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Author Topic: Legal bitcoin or illegal bitcoin  (Read 6530 times)
The BlockRx Project
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January 22, 2018, 08:36:20 PM
 #161

Bitcoins may be considered money, but not legal currency.
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January 24, 2018, 07:12:29 AM
 #162

Bitcoin is one hundred percent legal and free from all kinds of risk or fraudulent scam. The company of bitcoin is recognize by the government so you don’t need to worry about.

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February 12, 2018, 06:45:54 PM
 #163

if we use bitcoin in a good ways so its legal, but if we use for bad that is elligal. if we talk about legalization i thnik its depend which country do you live. if you are living in the country which is bitcoin is 100% legal then thats good and expect the tax on it. in my country bitcoin is being recognize not legal but not also illegal.

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Mobshady24
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February 12, 2018, 07:16:23 PM
 #164

Can you guyz vote if what are we doing now is legal or not
Coz these can be a serious like having a marijuana or drugs in our pockets
 
And if these bitcoin became a currency i think it will be have a tax and
Why do we eager to earn virtual money than real money.. simply because the rate is higher than the real ones and it is easy to earn if i am not mistaken😎

What you guyz think

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using bitcoin for narcotics will not be serious for those countries that allows the trade of it but for those countries that totally ban the consumption and selling of those drugs i think people using bitcoin for those transactions might have a problem.
currency should't have a tax but a profit should be so converting fiat into bitcoin should not have any tax imposition but only the gains you get from it after converting it again into fiat with a higher price the same concept with alts trading for speculative purposes.

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February 12, 2018, 09:04:24 PM
 #165

I prefer Bitcoin to be legal but but it doesn't matter so much for me Smiley The thing that matters to me is the money I earn.  Cool
Pro100Kelin1
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February 12, 2018, 09:54:03 PM
 #166

 In my opinion, bitcoin is the future of currency. It should be legal, it is widely distributed, it is decentralized digital money. Authorities of some countries are afraid that they can lose the power over people and they start thinking the way how to forbid it. A lot of powerful people are trying to persuade the crowd that bitcoin is like a *bubble* and it will disappear soon. But this is only anxiety, I am sure. We live in the Age of New Technologies and the era of bicoin has just begun.
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February 13, 2018, 12:00:35 AM
 #167

bitcoin I think legal, if used for good and not harm others. but it could be illegal if misused for a crime, which would harm others.
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February 13, 2018, 01:20:25 AM
 #168

Legalizing the use of bitcoin and other cryptocurrencies, means putting it under government regulation and subject to tax by means of transactions. But the prospect of banning any cryptocurrencies is always possible when it is not legalize under government law. Other countries like mine allows people to use bitcoin in any online transactions even it is not fully legalize yet while the exchanges here are already under regulation. 

rajshri
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February 13, 2018, 04:04:37 AM
 #169

Using bitcoin to purchase well-natured goods and services is not illegal. However, those who mine bitcoins and trade them for traditional currency or operate exchanges on which bitcoins are bought and sold are labeled “money transmitters” and could be subject to special laws that govern that type of activity. But for the most part it remains relatively safe to use as long as it is not tied to illicit purchases or activities.Depending on where and how you utilize bitcoin, it is important to remain up-to-date on the latest regulations concerning the digital currency.As laws change across borders, governing bodies and, increasingly, as the platform gains popularity, questions about bitcoin’s legality will continue to be raised.
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