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Author Topic: Is Bitcoin legal worldwide?  (Read 1979 times)
IAMHardCoin299
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October 19, 2017, 12:09:31 PM
Last edit: October 19, 2017, 02:39:22 PM by IAMHardCoin299
 #21

Some country not legal bitcoin , like china.
If china create some ICO , its will ilegal.
Because the goverment make a statement Bitcoin is ilegal on their country.
But in my country , bitcoin its neutral , because the goverment not create a statement about legality of bitcoin , maybe on the future my country will make bitcoin as legal payment
gmf1000
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October 19, 2017, 03:53:28 PM
 #22

I am very new to this and would like to know more about bitcoin. My very first concern is this internet currency bitcoin is legally approved worldwide?


Most country doesn't have any regulation for BTC... So it is possible to use BTC for transaction and investment nowadays..

Some country not legal bitcoin , like china.
If china create some ICO , its will ilegal.
Because the goverment make a statement Bitcoin is ilegal on their country.
But in my country , bitcoin its neutral , because the goverment not create a statement about legality of bitcoin , maybe on the future my country will make bitcoin as legal payment

Yup, but some like China, had regulation that banned ICO in their country ~

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October 20, 2017, 12:17:04 AM
 #23

as long as i know, bitcoin has not been legalized in many countries. Just as Indonesia still has not legalized bitcoin as a legitimate currency, from Bank Indonesia issued its official statement as follows: "People are encouraged to be cautious about Bitcoin and other virtual currencies All risks associated with the ownership / use of Bitcoin are borne solely. by Bitcoun and the virtual owner / currency user, "Peter wrote in a press release released on Thursday (6/2/2014). But in Bali there are already restaurants and hotels that accept payments using bitcoin.

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btcmayumana
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October 20, 2017, 12:31:41 AM
 #24

Bitcoins still developing in widely promotes. Discussing about legal or not. Its back to how government accepting other alternative digital currency to  implementation in their people finance.
But yes some countries been banned bitcoins affect worried about its progress rapid.
JaredStein
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October 20, 2017, 10:04:58 PM
 #25

Bitcoin is legal wherever people have it. No one can do anything to stop peers from transacting on a global network that doesn't require anyone's permission to join.
waniowski
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October 29, 2017, 02:18:59 PM
 #26

Poland is free of restriction so far
yet with the present government we have nothing is certain..

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cavaBcoin
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October 29, 2017, 03:45:18 PM
 #27

Bitcoin now is not legal worldwide, some countries still is banned bitcoin like Taiwan, china but in my country bitcoin is legal
spinach98
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October 30, 2017, 02:32:13 AM
 #28

I am very new to this and would like to know more about bitcoin. My very first concern is this internet currency bitcoin is legally approved worldwide?



Bitcoin is not legal worldwide but we are hoping that those country that say no to bitcoin will realize its importance.There are countries that say no to bitcoin like
-Iceland
-Vietnam
-Bolivia
-Kyrgyzstan
-Ecuador
-Russia
-China.
Some people say its bad but we find it really helpful because here we can earn and its really a good help to us.
Deathgamer
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October 30, 2017, 02:40:03 AM
 #29

I am very new to this and would like to know more about bitcoin. My very first concern is this internet currency bitcoin is legally approved worldwide?


This internet currency which is Bitcoin is not legal worldwide and we are hoping that those country that say no to bitcoin will realize the importance of bitcoin.The countries that say no to bitcoin are countries like Iceland,Vietnam,Bolivia,Kyrgyzstan,Ecuador,Russia and China but we really hope that all the country will make bitcoin legal because   
Report to moderator  it is really a good help to us financially.
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xCRYPTO
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October 30, 2017, 02:57:18 AM
 #30

I am very new to this and would like to know more about bitcoin. My very first concern is this internet currency bitcoin is legally approved worldwide?

My answer is not all countries but someday one by one will adopt bitcoin and approve.
Generation to generation would know what bitcoin is.
Anonaneadone
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October 30, 2017, 07:33:48 AM
 #31

some of the countries that feel the good presence of bitcoin their country makes it legal. but some of the countries are lost their mind because they do not know the benifits of this so they ban the bitcoin. but in my country is still pending if they want to legal this bitcoin. not all country is approved with this.

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October 30, 2017, 07:49:12 AM
 #32

First of all I want to say that no one can "ban" bitcoin or other crypto currencies. The government can ban buying, selling or making any other actions with bitcoin, but not bitcoin itself!

These days many countries are afraid of crypto currencies and of amounts of money which are unregulated. Governments want to control all of those things, so their first reaction is to restrict different actions connected with crypto currencies. In my opinion: their second step would be taking cryptos under control and allowing all actions only under their control. Governments want to get money from it.
ltcatcher88
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October 30, 2017, 08:09:09 AM
 #33

Some countries have strict policy about the bitcoin existance in financial system (especially Asia countries). Overall, different countries goverment has some doubts and fears about the bitcoing being too powerfull to "own" or "subdue" by them. Thy want to regulate everything by themselves. Undecided
cryptocurious18
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October 30, 2017, 09:28:58 AM
 #34

there is a lot of places where its not legal. there are a lot of places where people not believe in bitcoin and Onlion transaction they believe in cash money so they prefer cash money

most countries have policy regarding bitcoin and crypto-currencies, some countries like canada usa japan Australia and many more they believe and legal in this country..
skba
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October 30, 2017, 03:42:38 PM
 #35

I am very new to this and would like to know more about bitcoin. My very first concern is this internet currency bitcoin is legally approved worldwide?
No.not yet bitcoin legal worldwide.A lot of country consider bitcoin illegal.here you can found some information about it: https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory
Aristus
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November 09, 2017, 05:44:33 PM
 #36

No! And I think as long as government in other countries gain no profit from it for themselves they would stand as walls against bitcoin. But seeing the progress of crypto world is actually undeniably unstapable.
Eleven86
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November 09, 2017, 07:19:50 PM
 #37

No bitcoin is not legal in worlwide.Many countries such as USA,JAPAN,KOREA are banned bitcoin.But some countries they accepted bitcoin and other cryptocurrencies.
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November 09, 2017, 07:22:52 PM
 #38

Bitcoin is globally legal. Bitcoin use many part of the world. They buy food Air Ticket food online shopping gift card. Some country band bitcoin for their own government order.  

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November 09, 2017, 07:37:42 PM
 #39

it is Depend on country law but all can use bitcoin (no ID need) only important if you want to exchange bitcoin to cash
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November 10, 2017, 05:07:28 AM
 #40

I am very new to this and would like to know more about bitcoin. My very first concern is this internet currency bitcoin is legally approved worldwide?

It is approved by satisfied USERS worldwide. That is all you need to know. Everybody else is envious of Bitcoin.

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