billykannithi
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April 08, 2018, 07:45:01 PM |
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Owning bitcoin can't be a crime. Those some countries are against it because they really need time to study how it works and the technology behind it. Since bitcoin doesn't pose threat in any way so it can't be crime
Exactly, owning Bitcoin can't be considered as a crime because it actually didn't effect to anyone else like drugs or weeds, it's harmless and it's totally useful. But if you're holding Bitcoins in the country that put it in the prohibition so it's totally a crime because you're against your goverment and they will put you in jail because of that. |
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BitcoinBoster
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April 08, 2018, 07:47:21 PM |
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Owning bitcoin can't be a crime. Those some countries are against it because they really need time to study how it works and the technology behind it. Since bitcoin doesn't pose threat in any way so it can't be crime
Exactly, owning Bitcoin can't be considered as a crime because it actually didn't effect to anyone else like drugs or weeds, it's harmless and it's totally useful. But if you're holding Bitcoins in the country that put it in the prohibition so it's totally a crime because you're against your goverment and they will put you in jail because of that. If you read the news then you are right, the G20 summit was held and it was said that the Crypto currency is not a monetary means, which means that it is not forbidden to own, print (get) |
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MiningSensei
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April 08, 2018, 07:55:38 PM |
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LOL, why the hell would it be a crime?
Please, can you try to re-read what you are writing before posting? Came on guys, it is not so difficult to do so!
It would be a crime to do illegal activities with bitcoin, or with "money" everything that you do that is illegal is considered as a crime.
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Arkham Knight
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April 09, 2018, 08:03:59 AM |
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It's never a crime unless your government banned it and using it is prohibited. It's made to make our transactions convenient so there's really no legit reason that owning bitcoin is a crime.
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Razick
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April 19, 2018, 12:10:26 PM |
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It's never a crime unless your government banned it and using it is prohibited. It's made to make our transactions convenient so there's really no legit reason that owning bitcoin is a crime.
Yea you're right. Unless there is some kind of punishment or penalty for the using, buying or selling of bitcoin then you are not committing a crime by owning bitcoin. Just because bitcoin hasn't been declared legal does not mean that it is illegal. Without a ban or prohibition being put in place then there is no problem with you owning or using bitcoins no matter how many. |
ACCOUNT RECOVERED 4/27/2020. Account was previously hacked sometime in 2017. Posts between 12/31/2016 and 4/27/2020 are NOT LEGITIMATE.
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Betheng10
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April 19, 2018, 12:17:58 PM |
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No, although some countries prohibits or do not support doing transactions with it. There are no laws yet states that possesion of bitcoin is against the law, and I don't see it to be written anytime soon. Because if they do, they are like stopping a river flow with paper barriers with bitcoin's innovation. |
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Chopmoney
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April 21, 2018, 06:37:36 PM |
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Well its not crime to hold bitcoin, Its like holding a foreign currency in your country, which I know is not a crime
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Bitexpert2017
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April 21, 2018, 06:40:33 PM |
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Holding BTC is no crime. It may be misconception among many people. It is assets and can be hold, only it's malicious use is crime. People are using BTC currency in illegal trading.
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Torbeks
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April 21, 2018, 06:47:55 PM |
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I don't think so. Who ever said it, he has no clue about bitcoin or any other crypto currency. Really? Like owming a gun? Even a gun can have a license to carry, bitcoin don't have a license to have. So having a money is a crime also 'coz bitcoin can be converted to money right?
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﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏ ☆═══━┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈━═══☆ ≈ WORLD POWER PRODUCTION ≈ █ █ █ |
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Fancyax
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April 21, 2018, 06:58:11 PM |
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It depends on the law in your residency country. I don't think owning Bitcoin is a crime, at least for now.
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almaerk08
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April 21, 2018, 07:03:44 PM |
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I don't think so. Who ever said it, he has no clue about bitcoin or any other crypto currency. Really? Like owming a gun? Even a gun can have a license to carry, bitcoin don't have a license to have. So having a money is a crime also 'coz bitcoin can be converted to money right?
I dont think holding or owning a btc can be compared to owning a gun or is committing a crime. BTC is a digital currency, it is money, so why is it a crime? Owning BTC is not a crime and will never be a crime. |
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DonnieMitchel
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April 21, 2018, 07:12:23 PM |
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No. Buying and selling has been made illegal in some countries but possessing one is not.
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loraalbert
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April 21, 2018, 07:19:40 PM |
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Not sure, but that's not the purpose we're here for - in the crypto market. There is not any information available on that. But if bitcoin is used in a bad way, it will be unchanging in nature and character.
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BelieveInBTC
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April 21, 2018, 07:22:47 PM |
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Why would we even consider owning Bitcoin as something illegal? Because it brings more freedom and anonymity. That's ridiculous. Some governments are doing their best to discourage people from buying and using Bitcoin but fortunately their efforts are vain. Young people understand why they should use cryptocurrencies. Let's hope that they will be adapted soon. Some countries have already banned Bitcoin and people still use it because it is impossible to track them.
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MorganFreemanBeard
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April 21, 2018, 08:16:06 PM |
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Gun kills bitcoin don't. There might be an idea around this post that they equate bitcoin with a hand gun. It is not just to say that a person had made a crime for possessing bitcoin.
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kingofrogues07
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April 21, 2018, 08:16:31 PM |
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No, having bitcoin is not a crime, bitcoin is a crypto currency and having a currency is not a crime. I can not see in terms of what bitcoin is called a crime.
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BlackSeaConqueror
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April 21, 2018, 08:16:56 PM |
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No, not at all. why owning bitcoin is related to crime ?
It is not that we got bitcoin from nowhere, we buy and invest bitcoin with our money, so it is legal.
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WesternCowboyBibop
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April 21, 2018, 08:17:24 PM |
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No!owning or holding a bitcoin is not a crime. It is only like on how you own and hold your money. It is not a crime until the government make and intent any law to prohivite to own and hold a bitcoin like in other asian country
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LetsTalkMoneyxD
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April 21, 2018, 08:18:02 PM |
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No, and why would it be. If holding bitcoin would be a crime then holding money would also be a crime since, bitcoin functions as a money as a money also.
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acheampong64
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April 21, 2018, 08:26:49 PM |
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Nope, I'm not sure that it's a crime to possess BTC. Even in countries where bans are there, they ban trading, ICOs or any form of exchanging BTC but hardly will they criminalize having it. Anyways each jurisdiction has its own rules so you should check with your country's state first
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