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Author Topic: Is owning bitcoin a crime?  (Read 1971 times)
bitfocus
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April 23, 2018, 07:39:42 AM
 #401

is owning land a crime? - if not, holding Bitcoins is never a crime.
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dubinsky
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April 23, 2018, 07:55:02 AM
 #402

I think having bitcoin is not a criminal offense as long as we do not break the rules and do not use them for illegal activities and criminality.
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April 23, 2018, 08:14:17 AM
 #403

For me, owning a bitcoin isn't like possessing a gun, it's because bitcoin is money and an investment. Bitcoin is very legal here in my country, there is no way holding it can be a crime. 
i think bitcoin is just helping people to change their life if someone is miss using bitcoin so its not a good idea and its not a mistake of bitcoin.
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April 23, 2018, 08:20:54 AM
 #404

I think owning bitcoin isn't that bad as a crime because when you held something or that something you possess of, it depends on you on how it may look to other people, either it may seem to be bad or good. It comes with great responsibility in possessing bitcoin though.
Beldon
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April 23, 2018, 08:25:13 AM
 #405

Possesses bitcoin as well as holding a gun  Huh Smiley Huh
http://bitcoinnews.com/cryptocurrencies-gun-crime-canada/
Not at all. Having Bitcoin is not a crime but a benefit we can get. But it all depends on each person who has it. If he had Bitcoin and used it in crime he would be abusing Bitcoin. And such a thing does not need to be imitated because this will only destroy the popularity of Bitcoin.

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sinta23
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April 23, 2018, 08:33:28 AM
 #406


Owning BTC cannot be compared to owning a weapon, and guns can still be legally held for self protection. BTC isn't harmful to anyone and cant kill either, so holding it isn't as illegal
that btc really will not kill someone if we do not all kinds. so when using btc we also need to be careful to hold it. because btc it is very helpful to us in terms of economy, which currently makes people fret.

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April 23, 2018, 08:38:14 AM
 #407

For me, owning a bitcoin isn't like possessing a gun, it's because bitcoin is money and an investment. Bitcoin is very legal here in my country, there is no way holding it can be a crime. 

In your country where bitcoin is legalized and accepted then it could never be a crime but to other countries who have banned bitcoin, then it is another story. If you were to use bitcoin in those countries and you will be found out by the government then you could probably face some punishment for violating the law.
TIDOVEE
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April 23, 2018, 08:42:25 AM
 #408

To me,Its just like saying is working and earning money a crime?.. The response to your question depends on how you earn the bitcoin.
If it is by hacking peoples account or any dubious way I agree, it is a crime.
But if it is earned by proper process. It is not a crime.
SellBuyAcc
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April 23, 2018, 08:43:08 AM
 #409

It is actually not since bitcoin is never been confirmed as a CRIME to own it.
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April 23, 2018, 08:46:50 AM
 #410

How did you say that holding bitcoin is a crime? Is there's any law about it? Maybe your point is those people doing or wrong use of bitcoin is a crime like they used it for scamming. Holding bitcoin is not a crime.
malbano2099
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April 23, 2018, 08:47:43 AM
 #411

I believe there's nothing wrong when you own bitcoin, it's like you're just owning such money. It becomes wrong when you trade it for a wrong way like illegal transactions. You are the one who are responsible to make it right or nah. And as far as I know, crime starts in your mind.
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April 23, 2018, 08:52:43 AM
 #412

Possesses bitcoin as well as holding a gun  Huh Smiley Huh
http://bitcoinnews.com/cryptocurrencies-gun-crime-canada/

I think that is absurd, bitcoins doesn't even go against current laws much more inflict harm to others. These news somehow gives us idea how bitcoin is getting more and more famous that it is being incorporated to other subjects that should be totally not part of its functions.

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jhache
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April 23, 2018, 08:58:00 AM
 #413

No

/thread
I think this is more than enough to answer OP.

Anything that can be purchased with bitcoin can be purchased using fiat. So now is owning money also a crime? No, cause they are issued by government and since they are issued by them it doesn't matters if one can purchase drugs or anything illegal with them, but since bitcoin isn't controlled by them it is a crime to own it.

mihir2018
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April 23, 2018, 09:08:33 AM
 #414

Being a BTC owner can never be an crime. The owner of such money is not called crime. If a Bitcoin owner use it for any illegal purposes then it will be a crime. As can be the case for money. That is, there is no crime in the ownership of Bitcoin.

Thank You.
superstarbtc
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April 23, 2018, 09:18:07 AM
 #415

owning bitcoin depends on the country u are living at the same time no government or country can determine or ban or stop holding a bitcoin
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April 23, 2018, 09:21:21 AM
 #416

It depends on who is going to judge you. As for me, I don't see anything illegal in owning a bitcoin
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April 23, 2018, 09:29:25 AM
 #417

The news is like a yellow newspaper. possession of certain assets, can not make you a criminal, unless of course the laws of your country do not say that.
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April 23, 2018, 09:34:51 AM
 #418

i think no there are no policy said that owning bitcoin is a crime, there are only on some country that said bitcoin is illegal and its a crime if you owning bitcoin, i think bitcoin is like the investment things, if you said owning bitcoin is a crime i think you san say that owning gold is a crime too because bitcoin and gold has a same function

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PawanAggarwal
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April 23, 2018, 09:35:49 AM
 #419

Owing a bitcoin is not a crime unless it is earned from illegal business. Else, if anybody paid the taxes from the income of bitcoins, then it is not a crime.
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April 23, 2018, 09:38:54 AM
 #420

owning bitcoin itself cannot be a crime unless your country has banned cryptocurrency.
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