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Author Topic: bitcoin legal or not  (Read 3275 times)
kikukk
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July 22, 2020, 02:38:34 PM
 #181

For now bitcoin is still not recognized by some countries but most countries have used bitcoin as a legal and real measurement tool as a safe transaction
amiraja2
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July 22, 2020, 02:43:14 PM
 #182

in my own country Indonesia bitcoin is not legal yet but there are so many people using bitcoin, it has arrived in cities and villages and not many people buy and sell bitcoin

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July 28, 2020, 05:41:24 PM
 #183

It depends on your country. Here in the Philippines, bitcoin is legal even the Central bank of the Philippines approved it. But they do warned use when we do crypto. No ones know who's behind those screen so we must be careful every time we do transaction. I remember it when I watched it on the television way back 2017 or 2018. That's why I started doing crypto that time. Unfortunately, my first campaign did not succeed that's why I stopped and I am here to try again.
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July 31, 2020, 07:31:39 PM
 #184

Actually it depends on "you belong from which country".  Due to you haven't mentioned your country, it's not possible to give you correct answer cause legality is different from one country to another. You had better visit "Wikipedia" to check legality & illegality of bitcoin
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August 07, 2020, 01:00:36 PM
 #185

Actually it depends on "you belong from which country".  Due to you haven't mentioned your country, it's not possible to give you correct answer cause legality is different from one country to another. You had better visit "Wikipedia" to check legality & illegality of bitcoin
In my opinion, there will be very big problems with the legalization of cryptocurrency in totalitarian countries, where governments, with the support of the head of state, will prevent the introduction of cryptocurrency. In such states, the government always wants to control the cash flows of its citizens, while the cryptocurrency will be a real threat to the national currency, which the government always uses for its manipulations, increasing the volume of paper notes. At the same time, the government always justifies its actions by the fact that it is trying to fight the illegal turnover of prohibited funds, which may be bought or sold by someone using cryptocurrency. But it seems to me that the main thing is that Bitcoin is recognized in all countries as a digital asset, with appropriate legislation that regulates the turnover of cryptocurrency funds, and people themselves decide whether to use cryptocurrency or not.
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August 19, 2020, 04:47:09 PM
 #186

Yes,Bitcoin is the legal crypto currency for world wide.It's used not only some country It's word wide uses.Most country uses bitcoin.Crypoto currancy Main coin is bitcoin.Crypto currancy first used or market come Bitcoin.Day by day this currancy used to grow.This coin world wide food platform.Normal man to government used this currancy.Alredy this currancy world wide popular.Most people love this currancy.some country illegal bitcoin.but most country legal bitcoin & user government.
Bitcoin is the best legal coin.I hope all country legal this coin for future.So I there for this coin price is a lot.
you can even be executed in some places
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August 20, 2020, 07:45:48 AM
 #187

Bitcoin is legal depending on the country you are from. Although there are countries that doesn't accept bitcoin as a currency.
Legality of bitcoin is not general accepted globally, search on Google to know whether bitcoin is legal or illegal in your own country
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August 25, 2020, 01:16:45 PM
 #188

I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me
legal or not bitcoin depends on the policy of the government of a country, but for now some countries have legalized bitcoin with the terms and conditions that apply in that country, if in the world of bitcoin transactions it has been widely used.
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August 27, 2020, 08:27:13 AM
 #189

I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me
legal or not bitcoin depends on the policy of the government of a country, but for now some countries have legalized bitcoin with the terms and conditions that apply in that country, if in the world of bitcoin transactions it has been widely used.
Legality of bitcoin definitely depend on what country we are living, while there are some countries which are not regulating bitcoin yet, so we might call it illegal also. However, IMO, in general bitcoin is legal since the market has grown enough and a lot of money are involve in this market already, eventually, it will be legal in most countries, that's how I think on its future.

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Salamstar
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August 27, 2020, 12:45:11 PM
 #190

I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me

Nowadays, people can buy goods and services directly with Bitcoin, in online retail stores, or by using gift cards purchased with Bitcoin. As digital currencies are traded on exchanges, companies invest millions of dollars in virtual projects linked to the currency. However, with all this commercial activity around cryptocurrencies, there is still no uniform international law to regulate it.
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August 30, 2020, 08:46:34 PM
 #191

BitCoin legal
Segwit sold under it, not

Carpe diem  -  understand the White Paper and mine honest.
Fix real world issues: Check out b-vote.com
The simple way is the genius way - Satoshi's Rules: humana veris _
Oppo57
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September 03, 2020, 02:43:36 PM
 #192

Whether Bitcoin is illegal or legal will depend on where you are and what country you live in. Cryptocurrency has not yet been legalized in all countries. Moreover, in many countries their products are bought and sold through cryptocurrency. Bitcoin is a digital currency.

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September 12, 2020, 03:50:54 AM
 #193

I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me
Bitcoin is a digital currency. For this reason no government control it. For this in some country Bitcoin is not legal. But in my opinion near in future Bitcoin will be the currency of every digitalized country.

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September 12, 2020, 11:52:18 AM
 #194

I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me
Bitcoin is a digital currency. For this reason no government control it. For this in some country Bitcoin is not legal. But in my opinion near in future Bitcoin will be the currency of every digitalized country.

Not a single government alone, rather. But there are ways esp in finance where governments come together

Here is a chance to get Bitcoin clean and safe, but only fully compliant to what Bitcoin must be, was defined and specified

Carpe diem  -  understand the White Paper and mine honest.
Fix real world issues: Check out b-vote.com
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Upgate
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October 02, 2020, 06:20:06 PM
 #195

Bitcoin is legal to some countries not all countries. Google will be of help, to help you find out, countries bitcoin is legal to.
Although if you reside in Africa, you gat no problem in trading bitcoin. But you are trading on your own risk cos the government won't be of help if you lose your investment.
As for Asia countries, bitcoin is fully illegal in India
Celebrityfarmer
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October 03, 2020, 01:11:00 AM
 #196

I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me
Well just like every other currency
Bitcoin which is decentralized and not controlled or monitored by any private person or company also have is challenges.
Bitcoin which is just gaining weight in recent time is not accepted by most people and country because it’s concept maybe wasn’t understood by them
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October 05, 2020, 05:03:46 AM
 #197

It relies upon your nation. Here in the Philippines, bitcoin is legitimate even the Central bank of the Philippines endorsed it. Be that as it may, they do caution us when we do crypto. No one knows who's behind those screens so we should be cautious each time we do the exchange. I recall it when I watched it on the TV route back 2017 or 2018. That is the reason I began doing crypto around then. Lamentably, my first mission didn't succeed that is the reason I halted and I am here to attempt once more.
usekevin
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October 12, 2020, 01:36:03 PM
 #198

I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me
Based on the country you belong to.In some country bitcoin was a legal one,in some they won't .You should mention that on OP.Then it will be easy for the people to answer with some ideas.In some country,bitcoin atm all available.In most of country economy was based on bitcoin and cryptocurrency as of now.Investing in bitcoin was became a normal practise.

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October 13, 2020, 05:56:40 AM
 #199

The way to decide this question has always been the same for me its if you cna sell your BITCOIN or other cryptos to a bank for local fiat then YES it is Legal.

Banks will not deal with something they think is Illegal for them.

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October 23, 2020, 11:16:59 AM
 #200

I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me
Bitcoin are one of digital currency that are under cryptocurrencies, Bitcoin are maybe both Legal and Illegal depending on which country you are in.

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