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Author Topic: bitcoin legal or not  (Read 3275 times)
PatriciaRaunova
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October 27, 2020, 06:28:40 PM
 #201

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

legal es , si no no estarían los bancos metidos en esto también...

Por cierto para los entendido : subirá KNC ?? vaya  pillada de dedos me pegue....
JahriMeayer
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October 30, 2020, 08:38:37 PM
 #202

that bassically depends on the govt, under you are from. But Lack of the information you given, can't surely answer your question.you would rather google about it to check more information about your country & bitcoin, read some good articles, so could helps you to understand better about it. the thing is, if you are serious about bitcoin & wanna use it, then govt. can't stop you cause you can use bitcoin whenever wish

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November 16, 2020, 09:57:42 AM
 #203

The legality of bitcoin depends on the country you are from. There are countries bitcoin is not widely accepted for example Asia countries. While in Africa, you trade bitcoin at your own risk. It's only in Europe you can trade bitcoin freely without borders but their government are trying to implement some rules in cryptocurrency

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November 17, 2020, 07:18:08 AM
 #204

Bitcoin was created to solve the problem of old banking system and centralization. This virtual currency make transaction fast secure and no any third party or government is involve during transaction. In most of the case it has it's advantage more than disadvantage. In some country those advantage are used properly by people and in some country those advantage are use very badly. Due to decentralized currency no any government can track the people and transaction. So this is aloso legal and illegal.

Central bank money competition / and the first working system for electronic micro payments - cause open public ledger to see what is the 'truth' and keep ppl honest

here you go - nothing illegal, also cause it was not sold in an ICO like all the other coins did, that made them securities

and nothing illegal until ppl (soft) forked the protocol playing Satoshi Dev 2.0

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November 17, 2020, 06:18:59 PM
 #205

I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me
You can not worry about legal bitcoin)
mou20
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November 20, 2020, 06:34:33 PM
 #206

Yes bitcoin is absolutely legal most of the country now
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November 22, 2020, 12:19:25 AM
 #207

I am very proud of bitcoin. It is legal in our country.
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November 26, 2020, 08:02:04 AM
 #208

The first thing that matters most is that where are you from? Because if you are Indian then for you bitcoin is currently illegal. But in the near future, it will be legal for sure. In some countries like Australia, United States, this digital currency is legal. Some people know it as Crypto and some people know it as Cryptocurrency. We would like to tell all our readers that it is basically a digital asset that is created to use as a medium of exchange. Further, we would like to inform you that it is not authorized by the government of India yet. To know more about cryptos visit..
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November 26, 2020, 02:45:57 PM
 #209

stuff like this might set it

https://www.fca.org.uk/publication/policy/ps20-10.pdf


https://twitter.com/brian_armstrong/status/1331746226736304129

It s not about plain Bitcoin, but the crypto features built in later ...


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franch
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November 29, 2020, 07:54:40 PM
 #210

This is illegal as a whole, but that doesn't really mean it will be illegal forever, we don't know what will happen here, because that definitely includes the unpredictable future. Frankly i think this is an alternative thing, don't worry too much about it and well if you are not too addicted to bitcoin, do one side of your job.
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December 01, 2020, 01:11:15 PM
 #211

This is illegal as a whole, but that doesn't really mean it will be illegal forever, we don't know what will happen here, because that definitely includes the unpredictable future. Frankly i think this is an alternative thing, don't worry too much about it and well if you are not too addicted to bitcoin, do one side of your job.

Illegal or legal, it doesn't change that fact that bitcoin is still very useful.

We don't have a universal law on how to rule bitcoin, some country does not like it while some like it, so it could be illegal to a certain country but it's legal to the others, let's just choose, we are lucky if we are bitcoin enthusiast and we live in a country where the government are supporting bitcoin by regulating it.

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December 01, 2020, 05:17:49 PM
 #212

I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me
You can not worry about legal bitcoin)
Bitcoin will be legal only if the legislators or the government of a particular state formally in law or by-laws determine the status of Bitcoin and other cryptocurrencies, as well as the conditions and procedure for their circulation in the state.  If the state has not yet made any decisions on the cryptocurrency, it can still be used until there is a specific prohibition on the part of the authorized state bodies.

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December 05, 2020, 05:41:14 AM
 #213

I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me
Have many country started to payment System in bitcoin. I think bitcoin is legal for this county but my county have hard Inhibition for bitcoin. So bitcoin is not legal for my county. If i think about bitcoin, bitcoin is legal for hold world cause it is a online currency.

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December 05, 2020, 11:42:40 PM
 #214

Hey internet machine. Is bitcoin legal?
DIng!
https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory
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December 20, 2020, 02:43:54 PM
 #215

There are some countries that considers Bitcoin as illegal but some are not. Some of it are those superior counries that we know.
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December 20, 2020, 05:39:32 PM
 #216

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

To be honest, I believe that it is definitely impossible to answer whether BTC is legal. On the one hand, it is kind of legal, since many countries do not prohibit its use. On the other hand, if we talk about BTC as money, then it is not legal, since there are countries that prohibit the use of surrogate money. Based on this, it is impossible to answer 100% whether BTC is legal or not. The most you can do is find out in the country where you live, how they treat BTC at the legislative level. As far as I know, there are still discussions in the world about what cryptocurrencies are and how to identify them in the world system. Moreover, every time something changes in this regard, which means you need to learn more information.
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December 26, 2020, 11:48:51 AM
 #217

It depend on your perception. In my case bitcoin is not legal nor illegal because if it do the government will going after those people who had bitcoin holdings but they weren't. In some cases, other countries like China are banning  bitcoin but as reported they had own one of the largest bitcoin mining. Well, other government had expressing to adapt bitcoin as a digital currency like countries whom friendly with bitcoin like Canada, Japan and other countries.
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January 09, 2021, 01:45:32 PM
 #218

The lawfulness of bitcoin relies upon the nation you are from. There are nations bitcoin isn't generally acknowledged for instance Asia nations. While in Africa, you exchange bitcoin at your own danger. It's just in Europe you can exchange bitcoin unreservedly without borders however their administration is attempting to execute a few standards in digital currency.

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January 11, 2021, 11:16:18 AM
 #219

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

It depends on your country because there are countries where bitcoin is legal but there are also countries that are not legalized but they allow the community to use it as a means of payment and as an alternative source of income.

If it is illegal in your country, unfortunately, you can not use it freely because the authorities will arrest you.

It's not an alternative source of income because bitcoin is just a currency, or a payment system, what give you the income is your labor, the exact job your do or when you are trading and you are profitable. I only believe it as an alternative currency but not an alternative source of income.

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January 12, 2021, 07:07:44 AM
 #220

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

Better if you just mention here of which country you are belong then we could all help you easily to find out if Bitcoin is legal or illegal in your place because every country has different regulations regarding the legality of Bitcoins. Most of the countries are declared Bitcoin is legal to use which is you can find out here https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory
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