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Author Topic: What you do when someone say bitcoin is illegal thing?  (Read 1124 times)
tegarp90
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July 31, 2018, 05:35:52 PM
 #21

Most of the common people think that bitcoin is used only by hackers and criminals,even one of my friend said that it is used by hackers when I am telling about crypto currency to him.Later I explained what is bitcoin and other crypto currencies but still he confused,he can only get what is bitcoin when he research about himself.

In this situation how can we explain that what is real bitcoin?

We cannot deny that bitcoin is used by many criminals due to bitcoin transaction is almost untrackable.
But there are a lot of positive things about it also

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July 31, 2018, 05:39:41 PM
 #22

Most of the common people think that bitcoin is used only by hackers and criminals,even one of my friend said that it is used by hackers when I am telling about crypto currency to him.Later I explained what is bitcoin and other crypto currencies but still he confused,he can only get what is bitcoin when he research about himself.

In this situation how can we explain that what is real bitcoin?

I always try my best to explain on how Bitcoin is really legit and is not a scam. I understand them because they lack knowledge about Cryptocurrency especially in Bitcoin because of some cases where there are reported Bitcoin scams in the community. But I always tell them that Bitcoin is LEGIT and could really help us make profit and to become a successful trader.
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July 31, 2018, 05:41:17 PM
 #23

Most of the common people think that bitcoin is used only by hackers and criminals,even one of my friend said that it is used by hackers when I am telling about crypto currency to him.Later I explained what is bitcoin and other crypto currencies but still he confused,he can only get what is bitcoin when he research about himself.

In this situation how can we explain that what is real bitcoin?

I really tried them to explain about Bitcoin. Also the way of earning from cryptocurrency and the benefit. This is really secure if you have used in a right way. Still they never agreed. Better ignore them. They might be the looser for sure

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July 31, 2018, 05:43:39 PM
 #24

My mates have asked about Bitcoin and question if I am concerned that I will get in trouble for owing them  Grin
My response is that my bank and exchange would get in trouble too, so NO there is nothing to be concerned about.
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July 31, 2018, 05:46:11 PM
 #25

I would do the same thing which is to explain more information about Bitcoin and if they don't want to listen then it's their loss they don't know what they're going to miss in the next couple of years. I encountered this scenario before with my friend who said Bitcoin was a scam and showed me the video about a ponzi. I explained it to him how it wasn't a scam after that he still kept saying it was a scam. I stopped sharing my Bitcoin thoughts with my friends after that conversation.

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July 31, 2018, 05:54:55 PM
 #26

i take bitcoin as a technology and i am not using it in any illegal works.if people say btc illegal then i can say money is also illegal.bcz with using money people buy illegal things

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July 31, 2018, 06:00:39 PM
 #27

Most of the common people think that bitcoin is used only by hackers and criminals,even one of my friend said that it is used by hackers when I am telling about crypto currency to him.Later I explained what is bitcoin and other crypto currencies but still he confused,he can only get what is bitcoin when he research about himself.

In this situation how can we explain that what is real bitcoin?

We cant do anything other than convincing them...and they are telling all these because of a reason as all the illegal works are done using bitcoins only...As bitcoin is anonymous...so the transaction can not be traced...So they say bitcoin as illegal and we need to make them understand about bitcoin....but they will not believe us as we are just students.
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July 31, 2018, 06:11:20 PM
 #28

It's simple, he will never understand what you tell him, and what you tell him will never be complete information no matter how much you try, so allow him to do what he wants to do, do his own research, then he can decide for himself if crypto is good for him or not.
That is right, he will never understand you that is why we should just let him explore, whenever I am encountering those people what I am usually telling them is that they should discover it themselves or else they are missing the chance.

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July 31, 2018, 06:14:04 PM
 #29

And I try to communicate only with those who understand the value of cryptocurrencies. If someone does not understand this, then why talk to him on this topic and worry?
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July 31, 2018, 06:22:43 PM
 #30

Explaining how bitcoin works and what it offers is an enlightening start especially to
the ones eager to hear and learn. But to the critics and close-minded individuals no
level of persuasion can really gratify their point of view. Bitcoins has pros and cons
and that determines how people perceive and favor them. It's really a matter of
personal opinion and belief.
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July 31, 2018, 06:42:18 PM
 #31

Unfortunately some people still have that opinion and the cause is partialy the very begininig of Bitcoin when it was used for buying goods on illegal markets.
Still many things have changed since then and now it's needed to explain to the people that Bitcoin is not illegal although it's not regulated in every country and that can be legaly used as an investment, asset or payment method. But to fight such prejudice Bitcoin needs better promotion.

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July 31, 2018, 07:27:42 PM
 #32

The people saying that bitcoin is illegal do not understand what butcoin actually is.
They do not have knowledge about cryptocurrency

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July 31, 2018, 07:28:25 PM
 #33

In such a situation where one live with doubters of cryptocurrency, I will advice you to show evidence of bitcoins credibility through money going in and out of the market with coinmarketcap. With that, such people come to believe the market upon seeing the funds invested in crypto projects.
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July 31, 2018, 07:38:54 PM
 #34

Everyone has their own views on this matter. I think if it comes to the government, they may say so for many reasons, and one of them is corrupt officials who don't want transparency in the blockchain.

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July 31, 2018, 07:40:50 PM
 #35

Bitcointalk is like a universal currency. Some countries banned it using their it will illegal. I will shown them and tell them this not a scam or anything
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July 31, 2018, 07:44:33 PM
 #36

What exactly is illegal about it? That it's used by criminals? That's not really a good argument.

You could say that bitcoin is used to fund raise, and is a form of payment to pay for goods and services. Look across the industry and see that there are ton of legitimate businesses that accept bitcoin. Just because there are a few bad actors that use it illegitimately doesn't make the technology inherently bad.
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July 31, 2018, 08:33:45 PM
 #37

Most of the common people think that bitcoin is used only by hackers and criminals,even one of my friend said that it is used by hackers when I am telling about crypto currency to him.Later I explained what is bitcoin and other crypto currencies but still he confused,he can only get what is bitcoin when he research about himself.

In this situation how can we explain that what is real bitcoin?

Bitcoin and crypto-currency is now widely being used as investment instrument, mode of payment, etc. His view of bitcoin and crypto-currency is already outdated. There was a time that is used heavily used in shady websites for illegal transactions, but that is not the only use of it. Feed him with documentaries about bitcoin so he can know better. If he still refuses to acknowledge the value of bitcoin, then give up. You cannot force crypto to anyone.


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July 31, 2018, 08:46:09 PM
 #38

I would tell them to stop listening to mainstream media and television. Start researching online instead. You wont be able to explain bitcoin to someone who already has hes totally wrong but rock solid opinion. Most people doesnt even know what decentralization means. Without that you can hardly explain the core of bitcoin.
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July 31, 2018, 08:52:01 PM
 #39

Are there people still saying that?

Well, i would probably say nothing and leave. Don't like to talk with ignorant people.

 We may have different understanding people who are not aware about Bitcoin, some are no interest, some are not technically inclined to learn, some are just the other side of the coin, they want an easy money but don't want to learn the in's and out of the market, just respect them for nothing we can do if they are not interested in Bitcoin.

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Altf4
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July 31, 2018, 08:59:34 PM
 #40

I should say if it illegal why are so many people are joining and investing in crypto currency, they are feared of other saying that it is scam , if it is illegal the fbi would conduct investigation on this crypto matters which is circulating in the internet , but none cryptocurrency nowadays is in demand and many customers and investors are willing to join and participate in this cryptocurrency.

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