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Author Topic: Is Bitcoin Legal?  (Read 4098 times)
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January 13, 2018, 05:24:37 PM
 #141

здравствуйте расскажите про правовые перспективы в российской федерации? что будет полсе принятия закона по майнингу?BTCBTCBTC

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January 13, 2018, 06:19:47 PM
 #142

Until now bitcoin are not totally legal but it is also not illegal, maybe it was lack of paper who supports to the legality of this crypto in each nation. But I was not lose hope that someday this coin will accept by the government of each country to the whole world. Because digital currencies is more easier to used compared in any other money or currency that circulate in the whole world.
I don't know if any country would agree with that since Bitcoin is being made to fight the centralized system of the government. Exchanges now are supported by the banks and government and a lot of these exchanges are asking for personal information of the users. It will affect the anonymity of every users since the government is making a move to let everyone to know their identity because Bitcoin is so mainstream in ponzi scheme and scams.

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January 13, 2018, 06:21:06 PM
 #143

Bitcoin is unregulated, but govts can have it banned from businesses in that way, businesses cannot accept Bitcoin as payment.
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January 14, 2018, 03:40:31 AM
 #144

Bitcoin is legal if you know what services and what tools to use on the network

Yes or NO
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January 14, 2018, 07:02:37 AM
 #145

Though the regulatory bodies are seriously worried about bitcoin because of the high volatility index it has possessed in the last few years since it was implemented into the digital world as a digital coin for transaction, also been confirmed that some people use it as an alternative money laundering technics. Nevertheless, bitcoin is very much legal irrespective of your location and the regulatory bodies involved. In US bitcoin is properly regulated.
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January 16, 2018, 12:21:08 AM
 #146

It depends on where you are and how you use it..  in terms of where you are you should know if bitcoin was legal in your country. Usage of bitCoin it is really up to you if you will use it on legal matters
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January 16, 2018, 12:49:29 AM
 #147

Bitcoin is naturally legal. For me, it become illegal if used as a method to fund any crime.  It is kind of hard to emagine how to identify specific people here and how to locate them if the authority want to catch some.

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January 16, 2018, 01:38:30 AM
 #148

Bitcoin is unregulated, but govts can have it banned from businesses in that way, businesses cannot accept Bitcoin as payment.

Depends on your place, in my place people can easily use bitcoin and also some businesses already accepting it. I think in the right time bitcoin will be accepted in so many countries and people will enjoy the benefit of it. Its legal here and hope this thing will happen in the future.

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January 16, 2018, 06:20:39 AM
 #149

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.

It also depends on which country you live in. China and France are creating quite the stir with their wanting to ban Bitcoin and crackdown on other cryptocurrencies.

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March 04, 2018, 12:12:27 PM
 #150

Well its legal though for some countries , but still there is some countries that still not implementing bitcoin. They see bitcoin as a threat on their economy. Until now bitcoin is still ilegal on some part of asia.

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March 04, 2018, 04:19:36 PM
 #151

The legality of Bitcoin and other crypto currency depends on who you ask and from which country the person who you asked live. That is the only condition or way in which you will get to know as to whether Bitcoin is legal or illegal.
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March 05, 2018, 06:49:33 PM
 #152

If talking about the legality of bitcoin. Then, the legal status of bitcoin depends on the applicable law of bitcoin and cryptocurrency in various countries. If you are in a country that has been regulating bitcoin, then the bitcoin status is legal. However, if you are in a country that forbids bitcoin, then, bitcoin is illegal.

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March 06, 2018, 09:01:17 PM
 #153

Very few countries have gone as far as to declare bitcoin illegal. That does not, however, mean that bitcoin is "legal tender" - so far, only Japan has gone as far as to give bitcoin that designation. However, just because something isn't legal tender, does not mean that it cannot be used for payment - it just means that there are no protections for either the consumer or the merchant, and that its use as payment is completely discretionary.
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March 06, 2018, 10:11:08 PM
 #154

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.
Not all countries legalize bitcoin that is why until now bitcoin transaction is not regulated by the government.

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March 07, 2018, 07:41:10 AM
 #155

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.
If in my country Bitcoin is not yet legalized, but the Government in my country still allow its citizens to have Bitcoin and only prohibit it to be used as a transaction tool. So Bitcoin is still legit in my country.

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March 07, 2018, 01:53:43 PM
 #156

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.
yes...it is based in our category that if our government will agree for bitcoin then that's the time that bitcoin will become legal,and all of us we must support bitcoin for good.there are so many people who trust bitcoin and we have to tell them to trust bitcoin and we have to support it.

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March 07, 2018, 02:08:19 PM
 #157

Bitcoin is legal if you know what services and what tools to use on the network. If you use exchanges like Coinbase and you gave up a lot of personal information then Bitcoin may not be legal for you.
Every day, Bitcoin respondents in the world are also actively using or checking their Bitcoin (52.9 percent). Very few rarely check his Bitcoin (18.8 percent). Although quite a few believe and use Bitcoin, this currency has not gained recognition and permission from other countries. If Bitcoin gets permission, an estimated 88.8 percent of respondents will buy more Bitcoin

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March 07, 2018, 02:19:34 PM
 #158

each country say that bitcoin is illegal for transaction, but they ignore  if bitcoin use for investation Wink
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March 07, 2018, 03:03:24 PM
 #159

The question of whether bitcoin is legal or not legal depends on who ask and the country you are trying to refer the issue of legality to , and that is the way will get the answer whether bitcoin is legal or illegal. 

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March 07, 2018, 03:05:06 PM
 #160

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.
If in my country Bitcoin is not yet legalized, but the Government in my country still allow its citizens to have Bitcoin and only prohibit it to be used as a transaction tool. So Bitcoin is still legit in my country.
Here it is considered legal because there is no regulation stating that it is illegal, so we are free to do what we want for as long as we are not fooling people to do investment in it, or to make an investment scam because we do have law regulated for the protection of everyone especially investors.
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