Is Bitcoin Legal?

[KorakPawon]

bitcoin is legal depending on you, where your country lives, because there are some countries that accept bitcoin there are also those who reject bitcoin.
some countries have already received bitcoin, bitcoin users can use bitcoin for payments such as online payments etc.
but for countries that have not yet received it may also have their own reasons because different countries are different in thought and also different policies.

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[Rockernewf]

Bitcoin is legal and should be legas, just like any other currency in the world.

[fanji]

There are several countries that strongly prohibit bitcoin because the law is unclear, for example Indonesia is my country that is not very supportive of the development of crypto digital (bitcoin) currencies in my country if there is someone who transacts such as buying and selling homes using digital currency bitcoin will be punished I said this was not a lie because it had happened in Bali. because the Indonesian state only allows its citizens to buy houses with rupiah, the rupiah is the Indonesian currency.

[sheenshane]

There are several countries that strongly prohibit bitcoin because the law is unclear, for example Indonesia is my country that is not very supportive of the development of crypto digital (bitcoin) currencies in my country if there is someone who transacts such as buying and selling homes using digital currency bitcoin will be punished I said this was not a lie because it had happened in Bali. because the Indonesian state only allows its citizens to buy houses with rupiah, the rupiah is the Indonesian currency.

I think Indonesia is not that worst in punishment even though I'm not in that country but I heard I already that they strict on cryptocurrency.
Well, as of now this bitcoin (digital money) is not clearly legal to the country, also in my country bitcoin is not stated to our government that it is illegal but they did not prohibit us to use it even there is no implementing law that it is legal.
In this case, each country has a different perspective on bitcoin (cryptocurrency) on how they adopt it into their society.

[Cukfuk]

What is not forbidden is allowed.

[coldplay3r30]

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

bitcoin is legal, I think it happens not in all countries because maybe only those who agree that bitcoin can be used as a legitimate medium of exchange, but it doesn't seem to happen in a country that has not approved bitcoin as a medium of exchange but allows its citizens to own

but only as an investation or assets. because there are still many countries whose financial systems are still traditional. But for a more modern exchange media, it might still wait for the next ten years.

[fargoway]

No, it is not legal (in most countries). But not in a bad sense of this word. Government doesn't want to accept it and that's the only reason why it is illegal. Moreover, Bitcoin was created to be "illegal", uncontrolled and decentralized.

[genuin]

Mostly depends on the country, but generally it's legal.

What's illegal is using it for illegal means, such as money laundering, etc. Just follow the rules/regulations of your country.

Obviously, when using Bitcoin, you have to be a bit more careful (aka watching the news, etc) than when using fiat, as fiat is generally more socially accepted.

generally legal can you mention which countries legalize bitcoin? I think bitcoin still has a lot of studies to be done by each country. You say, in general, legal bitcoin means that 2/3 countries must recognize that bitcoin is legal. Can you prove it? If you can't, then be careful in speaking 

[satana_igor666]

Many countries are afraid to accept it as a currency, since popularity can grow beyond their control.

[Yusuf_Jay]

Well, to my knowledge, Bitcoin is declared illegal in some countries, but it is also legal in the country that has received it. Broadly speaking, I think the legality of bitcoin depends on the law that applies in one country, if in one country bitcoin is accepted and legal, but sometimes it is illegal in other countries.

[Aramazdi]

Depends on where you are from. If you are living in country where no law against bitcoin, then it's legal as simple as that.

it seems not that simple, but there are still many countries that prohibit the circulation of bitcoin but allow citizens to have bitcoin, and the government recognizes in the form of assets. because the government wants to apply taxes to their owners, so the problem can be more complicated.

may want to protect the value of its currency, but on the other hand the government wants to get income from the owners of bitcoin. So I think the bitcoin currency is legal.

[dinhtoan]

Bitcoin còn tùy thuộc vào vùng và quốc gia! Một số quốc gia cấm triệt để Bitcoin!

[saaux]

This is certainly the first entry in the currencies. and it has not violated any law. this is a cryptocurrency project. so it's legally legal. there are only countries that have not yet received it.

[gayletot]

legit bitcoin. and it's not illegal it's part of the crypto. and it is just the basis of people's investment. it is only used for money reserves. because if it is btc it can be used in several bills payment fees.

[Altf4]

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]

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]

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]

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]

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.

[lupeto]

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.