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Author Topic: Is Bitcoin Legal?  (Read 4302 times)
CryptoPravda
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August 17, 2018, 05:50:47 AM
 #281

In many countries they do not yet know what to do with bitcoin. Everything which is not forbidden is allowed.

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Altf4
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August 18, 2018, 09:42:35 AM
 #282

Bitcoin in the digital world or in the cryptoworld in which it is circulating is legal but in the outside world there are many countries that do not recognized it so it is illegal, but some countries are adopting cryptocurrency then it us now legit, so far not all countries in the world are not convinced by bitcoin and cryptocurrency.

vessing
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August 18, 2018, 01:54:50 PM
 #283

The legality of Bitcoin is a contentious issue for law enforcement and law enforcement, as they are targeted at the digital currency in an attempt to control its use. Bitcoin is still at the initial stage of development, and many legal bodies are trying to resolve the crypto currency, not to mention the adoption of laws around it.
KenChanYu
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August 18, 2018, 11:47:02 PM
 #284

The legality of Bitcoin is a contentious issue for law enforcement and law enforcement, as they are targeted at the digital currency in an attempt to control its use. Bitcoin is still at the initial stage of development, and many legal bodies are trying to resolve the crypto currency, not to mention the adoption of laws around it.

It remains a confidential thing about it and we really don't know how the law enforcement could control bitcoin's legality. The initial development is our future towards price to gain at better value, and for now there's no certain approved rules that bitcoin was totally covered of. Nor legal nor illegal, bitcoin is always a decentralized body which was separated from centralized fiat currency.

jenongs
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August 19, 2018, 06:50:36 AM
 #285

bitcoin's legality depends on the work system itself, basically from what category we will choose in each category has its own legal legality.
Girlsbit
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August 19, 2018, 07:16:43 AM
 #286

And how can they decide whether bitcoin is legal or not.  They did not create it, they do not regulate it and do not influence it in any way.
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August 19, 2018, 08:09:07 AM
 #287

Yes, the legality of bitcoin depends on who you are, what you do with it. and also where you are bearsal, because even though bitcoin has been declared legal in some countries, but, some countries openly prohibit it and make bitcoin illegal.
Aramazdi
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August 21, 2018, 03:20:58 AM
 #288

It is legal. There are other countries who uses it already as their daily transaction purposes and in my country although not everyone knows about it but we have bitcoin atm here
in our country bitcoin is still prohibited from being used directly, but the public is still allowed to own but the government considers it as a deposit and not as a medium of direct exchange

indeed the government is a difficult choice to prohibit or allow, because there are still many criminals who have the potential to use digital currency to store or transact directly, because government technology cannot support or supervise digital money transfers.
canej
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August 28, 2018, 11:51:44 AM
 #289

Everything depends on the country. In some countries, crypto-currencies are legalized, somewhere prohibited. However, there are countries that have not yet legislated their attitude to crypto-currencies.

Sayma83
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September 01, 2018, 02:33:03 AM
 #290

I think bitcoin legal.many others country bitcoin accept.they think bitcoin best coin & bitcoin all world charging.because my government bitcoin not accept & my country bitcoin illegal.I hope Hurry up cryptocurrency will be my country legal.bitcoin online income way.so I think my government bitcoin can be validated.

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Saveplus
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September 02, 2018, 04:35:30 AM
 #291

For me bitcoin legal,but it is based in the country of how they treat it and if they support it as a digital currency.The only why they say its not legal because it was decentralization no government can ruled it out but definitely its not illegal for everybody.
Girlsbit
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September 02, 2018, 11:53:40 AM
 #292

Now I can not say that bitcoin is a legitimate currency, although in some countries it is legitimate.
btcdevil
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September 02, 2018, 12:15:05 PM
 #293

In my country Bitcoin is Illegal and usage is not allowed but then also it can be used as investment option and the users is whole responsible for what ever problem comes in dealing with it. So we can only convert to fiat currency and use it.

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Kris34
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September 02, 2018, 12:17:01 PM
 #294

And why it is not legal. Why such thoughts. Many countries have legalized bitcoin. And gradually other countries come to this.
yamete kudasai
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September 02, 2018, 03:29:05 PM
 #295

Depends on where you are from . If you are living in country where no law against bitcoin then it is free to use bitcoin if its not then don't access it .

myCworld
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September 02, 2018, 05:15:44 PM
 #296

I don't see a reason why BTC wouldn't be legal as it is only another way of payment. Don't you agree?
kerremy
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September 02, 2018, 06:40:25 PM
 #297

The legality of bitcoin depends on who you are, and what you’re doing with it.

There are three main categories of bitcoin stakeholder. Someone may fall under more than one of these categories, and each category has its own legal considerations.

Yeah, the question surrounding the relationship between Bitcoin and the law really depends on how the digital currency is being used. 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.
romarry
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September 03, 2018, 07:26:01 AM
 #298

Well, the legality of Bitcoin is different in several countries in the world. Also, at present, many policymakers in the world have known about digital currencies like Bitcoin, but many of them have not made legal rules regarding it.
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