is bitcoin legal???

[btcefeyigit399]

BitCoin is the largest and most recognized of the crypto currencies. perhaps not currently accepted by all states, but very recently cryptographic currencies will be used by everyone and will be universal.

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[cheeseandcrackers]

It's about as legal as it is to own gold assets, at least in the united states.  I can't see any reason it would ever become illegal, and even if it did there isn't really any way to prevent people from using it. 

[MudahDanHemat]

Its legal actually but because of nation and government cannot control them then they will make a regulation that bitcoin is illegal. And unfortunately some bad people using bitcoin for their criminal activities.

[franss]

It depends on which country you live. In my country, Indonesia is neutral as long as it does not harm the country.

[torukmakto]

BitCoin is the most known among the crypto currencies. some countries have accepted crypto legal. perhaps due to the new regulations to be accepted by other countries in the world.

[dreadfullICO]

Mostly it is, in some countries there are some restrictions like restrictions for trading and mining and etc.

[zhangxie29152784]

The legal status of bitcoin depends on our country.

If you are in a more democratic country, it is legal to hold bitcoin and trade bitcoins, such as Japan.

[Kate Beckett]

It depends on what country we are considering. To date, there is no single glance at the status of the crypto-currency. So, the United States has a pro-Bitcoin position. The Ministry of Finance considers Bitcoin as a business that provides settlement and cash services to the public, but not as a currency. The Canadian tax agency treats it as a valuable asset. China, Ecuador, Iceland, Indonesia, in their turn, regard the crypto currency as illegal and try to prohibit or restrict its use.

[rindaman]

yes I agree if bitcoin legal, it will simplify in terms of transactions in various countries hopefully in the future all transactions receive payment of digital money

[Elips1]

I think it depends on which country you are in.
If you're in a more democratic country, it's legal to hold bitcoin and trade bitcoins most of the time.
If you are in a country that bans bitcoin, you may be arrested.

,,,You're right, it depends on which country that did not allow to legalized the  bitcoin and altcoins. We are hoping for such countries that will allow to legalize it. So that, all people have chance to experience the developments or improvements.

[raven.tiu17]

Ofcourse Bitcoin is legal and we can use it to buy and sell goods and store of value. In some countries Bitcoin is illegal and take note bitcoin has online 21 million supply that can be mined so if you have atleast 1 bitcoin you're filty rich in the future.

[Bill_Cipher]

Yes, it depends on where the person lives in. Some countries already declared Bitcoin as a legal currency and others are trying to legalize with discussing Law inforcing agencies how to accept Bitcoin in that countries.

[dennis047]

Bitcoin is of interest to law enforcement agencies, tax authorities, and legal regulators, all of which are trying to understand how the cryptocurrency fits into existing frameworks. The legality of your bitcoin activities will depend on who you are, where you live, and what you are doing with it.

It depends on where you're living at especially on the how the rules and regulations being implemented in your country. As far as I know the only illegal we can consider if an abusive group of person uses the BTC to scam other people.

[danielnamit]

In some countries like here in Philippines, bitcoin is not legal. The government says in a news that it can cause our country's economy depression since bitcoin does not have any equivalent in Philippine Peso.

[ciara123]

In South America, Bitcoin has become the official currency in Venezuela because of high inflation and the collapse of the economy. So the legality of your bitcoin activities will depend on who you are, where you live, and what you are doing with it.

[ethan oliver]

That's the reality. While some countries have explicitly allowed and commercially used, others have forbidden or restricted it. Similarly, different government agencies, ministries, and courts have differentiated bitcoin.

[john_nautica]

bitcoin should be legal in many countries, many countries ban bitcoin and make illegal bitcoin due to regulation in unclear countries and that could inhibit the growth of bitcoin in the country. so I see bitcoin always legal.

[muhdatha]

Ofcourse Bitcoin is legal and we can use it to buy and sell goods and store of value. In some countries Bitcoin is illegal and take note bitcoin has online 21 million supply that can be mined so if you have atleast 1 bitcoin you're filty rich in the future.

It's hard to predict. in a few year Bitcoin might to become useless cause so many modern cryptocurrencies that even better of Bitcoin

[valek.bruno]

Here a lot depends on what you mean by this, because now it's legal to say that it is legal or not very difficult, it seems to me that bitcoin is legal today in some countries, for example, in Germany or in the Czech Republic, but not everyone understands that this is such.

[Nexjr14]

Bitcoin legal? Of course this speaks to government policy. So it depends on government policy to legalize crypto currency. Because every country has a currency, and bitcoin is the currency used by the world community.