ralle14
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November 27, 2017, 06:35:10 AM Last edit: November 27, 2017, 06:47:45 AM by ralle14 |
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Is Bitcoin gambling is legal?
What do you think? We all know that gambling will never become legal. But as we can see those big casinos in order for them to become legal they are giving taxes to government. But we are talking about bitcoin gambling it's different from gambling (physically). Bitcoin casinos don't need to pay taxes for the government and only a few of them are being regulated. Others already said it multiple times every country has their own set of laws for gambling offline and online. That's the reason why some bitcoin casinos here have more rules than the other and some block users from specific countries while others don't. Lottery is one of the most accepted form of gambling if that is legal then gambling itself should also be legal.
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denny27
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★Bitvest.io★ Play Plinko or Invest!
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November 27, 2017, 07:56:26 AM |
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I don't think legal or illegal would be a problem for gambling addicts, it would be legal and keep doing it all the way that can be to do. However, if in general of course it depends on the views of each country on the using of bitcoin itself in that country and I think it already can be said as legal like as in America. In my place, it's definitely to be said as a illegal activity.
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Aleister Crowley
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November 27, 2017, 09:34:21 AM |
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I don't think legal or illegal would be a problem for gambling addicts, it would be legal and keep doing it all the way that can be to do. However, if in general of course it depends on the views of each country on the using of bitcoin itself in that country and I think it already can be said as legal like as in America. In my place, it's definitely to be said as a illegal activity.
gambling addicts will never care about what happens with gambling ,, whether it is legal or illegal .. because as long as they are happy and benefit from gambling .. they will still assume that gambling is the best way for them to earn an income .. and illegal law made by the state, they would not consider
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boyptc
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November 27, 2017, 10:16:44 AM |
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Is Bitcoin gambling is legal?
I'm in the middle of telling it's legal and illegal. For countries that are aware about bitcoin being used as tool for such activities like gambling, it's up to them if they'll implement bitcoin legality or not. But for countries that there's nothing with bitcoin or it's no recognized, I guess it's not illegal nor legal.
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bncbnc
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November 27, 2017, 10:59:57 AM |
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I don't think legal or illegal would be a problem for gambling addicts, it would be legal and keep doing it all the way that can be to do. However, if in general of course it depends on the views of each country on the using of bitcoin itself in that country and I think it already can be said as legal like as in America. In my place, it's definitely to be said as a illegal activity.
I think it really have big effect, In my area gambling is illegal and if anyone will found as involve in gambling he will certainly be put in jail and will charge for that. In some religions gambling is not legal there gambling is consider as sin and very bad activity, so yo cannot play gambling openly there, you can only play it online but still if you will found as playing gambling you will be charge for that.
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Caladonian
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November 27, 2017, 12:01:47 PM |
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Is Bitcoin gambling is legal?
I'm in the middle of telling it's legal and illegal. For countries that are aware about bitcoin being used as tool for such activities like gambling, it's up to them if they'll implement bitcoin legality or not. But for countries that there's nothing with bitcoin or it's no recognized, I guess it's not illegal nor legal. That's right mate, for those countries who already recognized bitcoin existence they already have the right to implement some rules in accordance to bitcoin gambling as its already on their jurisdiction while for those countries that haven't got any idea about bitcoin there's no way that they can treat it legal or illegal and there's no chance that any rules will be implemented.
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BillCoin
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November 27, 2017, 12:28:22 PM |
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Bitcoin gambling is legal at most of the countries. and let me explain why:
Most of the countries don't mark bitcoin as a currency, so when you gamble bitcoins, you are not actually gamble real money, on the country settings, it is the same as gambling on play money, gambling on play money is legal.
Small amount of countries ( for example, Japan), consider bitcoin as a currency, in such currencies, gambling on bitcoins apply to the regular rules of betting on fiat money. Which means that if fiat gambling in that country is prohibited, also bitcoin gambling will be prohibited.
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Oilacris
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November 27, 2017, 12:32:26 PM |
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Is Bitcoin gambling is legal?
I'm in the middle of telling it's legal and illegal. For countries that are aware about bitcoin being used as tool for such activities like gambling, it's up to them if they'll implement bitcoin legality or not. But for countries that there's nothing with bitcoin or it's no recognized, I guess it's not illegal nor legal. That's right mate, for those countries who already recognized bitcoin existence they already have the right to implement some rules in accordance to bitcoin gambling as its already on their jurisdiction while for those countries that haven't got any idea about bitcoin there's no way that they can treat it legal or illegal and there's no chance that any rules will be implemented. But im sure sooner or later it would really gain traction or attraction of its own government when they saw that it is already getting bigger and bigger which would comes to a point that they would need to impose regulations on it but for now we do know that not all countries or places are aware on bitcoins existence which would result that they dont really bother or care at all.
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Laland
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Bounty manager
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November 27, 2017, 12:54:08 PM |
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Is Bitcoin gambling is legal?
I'm in the middle of telling it's legal and illegal. For countries that are aware about bitcoin being used as tool for such activities like gambling, it's up to them if they'll implement bitcoin legality or not. But for countries that there's nothing with bitcoin or it's no recognized, I guess it's not illegal nor legal. That's right mate, for those countries who already recognized bitcoin existence they already have the right to implement some rules in accordance to bitcoin gambling as its already on their jurisdiction while for those countries that haven't got any idea about bitcoin there's no way that they can treat it legal or illegal and there's no chance that any rules will be implemented. But im sure sooner or later it would really gain traction or attraction of its own government when they saw that it is already getting bigger and bigger which would comes to a point that they would need to impose regulations on it but for now we do know that not all countries or places are aware on bitcoins existence which would result that they dont really bother or care at all. I think government won have any control with this internet gambling. Especially if it supports bitcoin. But now adays it is not easy to attract costumers, because of these scams regarding phishing sites and even fake sites.
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eann014
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November 27, 2017, 03:08:11 PM |
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Is Bitcoin gambling is legal?
Every form of gambling whether its illegal or not it is always depend on what country you are. If you live in country that gambling is illegal, automatic that even if that is online, bitcoin gambling is already illegal.
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mondobitcoin
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November 27, 2017, 04:35:23 PM |
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In many countries there isn't a regulamentation for bitcoin, so we can't considere it illegal I think that when it happen (if) the governments and financial institute can only tax them, but not close
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kodes88
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November 27, 2017, 04:43:31 PM |
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I don't think legal or illegal would be a problem for gambling addicts, it would be legal and keep doing it all the way that can be to do. However, if in general of course it depends on the views of each country on the using of bitcoin itself in that country and I think it already can be said as legal like as in America. In my place, it's definitely to be said as a illegal activity.
If gambling addicts know that gambling is illegal but they're still gambling, maybe they do not think it's a problem, but they stay in trouble. It's just a way of not thinking about it at all. But not thinking about that a problem does not mean they are not problematic. They just do not want to give a headache. Though the problem is like a time bomb, it will explode someday without us preparing everything.
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gilangIDR
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November 27, 2017, 05:28:20 PM |
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Do my place all things related to the gambling game is an illegal thing. But there are still so many people who try to play gambling. Actually in this era of technology bitcoin has helped the development of gambling, with the bitcoin then we can see the number of online casinos that have sprung up. Characteristics possessed by bitcoin has made the gamblers play comfortably. They do not worry when all the transactions they do because everything is not possible to be tracked by the police.
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dmamigo
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November 27, 2017, 05:36:54 PM |
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In our country, even though Casinos and gambling houses are not allowed at all the places, but online gambling seems to be getting accepted and government haven't opposed. Also Bitcoin is also neither illegal nor legal, so as of now Bitcoin Gambling seems to be fine. Till cryptocurrencies and gambling is allowed, I believe no issues will be there legally.
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sukamasoto
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Black Panther
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November 27, 2017, 06:00:57 PM |
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In our country, even though Casinos and gambling houses are not allowed at all the places, but online gambling seems to be getting accepted and government haven't opposed. Also Bitcoin is also neither illegal nor legal, so as of now Bitcoin Gambling seems to be fine. Till cryptocurrencies and gambling is allowed, I believe no issues will be there legally.
IMO bitcoin as gambling transaction is different things and can't be compare with fiat since bitcoin still have no regulation except your government already legalize bitcoin just like China. Overall , bitcoin gambling is legal as long as it not cause any major problem !
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bhadz
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November 27, 2017, 06:19:11 PM |
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Is Bitcoin gambling is legal?
In my country there's nothing wrong if you'll gamble with bitcoin. No laws about it but if you'll use bitcoin for something illegal that can put the life of others in danger and threats the government you'll be in jail if the authorities will find it out. But for countries that bitcoin is ban and gambling is banned too, it's obvious.
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Aamir1
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November 27, 2017, 06:52:34 PM |
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It depends on both, your country and the legality of Bitcoin. Some countries do not allow the people to gamble and some of them do. Now if your country doesn't prohibit gambling then it is probably legal. But now it also depends if your country has any rules against Bitcoin too or not. If there is no such rule in your country which stops anyone from gambling but Bitcoin is banned in the country then i guess it would be illegal as you are using an illegal currency for gambling. If the authorities find out what you are doing, you might have to face problems. If Bitcoin is neither legal nor illegal in your country then you are free to do it ofcourse.
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megynacuna
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November 27, 2017, 07:30:39 PM |
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Is Bitcoin gambling is legal?
In my country there's nothing wrong if you'll gamble with bitcoin. No laws about it but if you'll use bitcoin for something illegal that can put the life of others in danger and threats the government you'll be in jail if the authorities will find it out. But for countries that bitcoin is ban and gambling is banned too, it's obvious. There is actually nothing wrong with it globally unless they want to tell us that gambling in itself be it fiat based or cryptocurrency based is illegal. I gamble comfortably with Bitcoin and other alts in my country and I guess it's the same everywhere without restrictions especially if we are not interfering with their local exchanges by withdrawing our win coins in their fiats.
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olubams
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November 27, 2017, 09:00:59 PM |
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It depends on both, your country and the legality of Bitcoin. Some countries do not allow the people to gamble and some of them do. Now if your country doesn't prohibit gambling then it is probably legal. But now it also depends if your country has any rules against Bitcoin too or not. If there is no such rule in your country which stops anyone from gambling but Bitcoin is banned in the country then i guess it would be illegal as you are using an illegal currency for gambling. If the authorities find out what you are doing, you might have to face problems. If Bitcoin is neither legal nor illegal in your country then you are free to do it ofcourse.
Countries in the middle east to the best of my knowledge because of the way they are being ruled through various Islamic injunctions, there is no justification whatsoever for gambling whether fiat or btc. But for my country gambling on its own is legal so far you can meet the terms and condition among which the most important one is 18 years the moment that is settled, you are good to go without any limitation. With bitcoin coming to the mainstream, the law is still silent as to which direction we want to go.
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batang_bitcoin
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November 27, 2017, 09:18:49 PM |
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Gambling is whether online or not as long as the government is strict and has a mandatory rule of law about declaring it as illegal, whether you gamble at your own home or with fake money gambling is illegal. That's the logic that I can think for now but very few countries declaring bitcoin gambling is illegal but there's a lot of it that has a law about gambling as illegal thing or even a type of crime.
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Rent this sig space so that BTC goes to $100k.
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