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Author Topic: Bitcoin legal and illegal countries  (Read 5122 times)
Fredomago
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October 03, 2019, 04:09:38 AM
 #241

It is difficult to distinguish what is legal and illegal without clear regulations, for example in my country you can own bitcoin but using it to pay is illegal. The government will also not solve bitcoin dispute fraud issues because there are no regulations, and most people think it is a scam.
Which is a good point. There's countries who don't have a difinite stand regarding to this matter, you can use the coin without any restrictions but in terms of government regulations there's no statement that being provided if how the government treat this crypto currency.
There's always good and bad sides of this industry, you need to have your own understanding from how the government treated the system.

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October 03, 2019, 11:01:11 PM
 #242

Bitcoin is becoming popular day by day. Reduce people's interest in easy transactions and price Rise. Some countries questioned the legitimacy and questioned. However, many countries of the world have given legitimacy to Bitcoin. We need to know about this issue for those new people. Those who did not know what to expect and would benefit them. Bitcoin has been given the list of validity and cancellation.

Bitcoin countries to get legitimacy:

Solvenia, Switzerland, Ukraine, Denmark, Estonia, Finland, Iceland, Lithuaia, Norway, Russia, Sweden, Bosia & Herzegivina, Bulgaria, Greece, Italy, Malta, Portugal, Spain, Belgium, France, Ireland, Luxembourg, Netherlands, United Kingdom, Australia, New zealand, Morocco, Nigeria, South Africa, Namibia, Zimbabwe, Canada, United States, Mexico, Nicaragua, Jamaica, Trinidad and Tobago, Argentina, Brazil, Chile, Colombia, Cyprus, Israel, Saudi Arabia, Jordan, Indonesia, Malaysia, Philippines, Singapore, Thailand, Croatia, Czech Republic, Germany, Hungary, Poland, Romania, Slovakia, Vietnam, Lebanon, Turkey, Iran, India, Pakistan, China, HongKong, Japan, South Korea, Tuiwan .


Bitcoin Cancellation Countries:

Algeria
Bolivia
Ecuador
Kyrgyzstan
Bangladesh
Nepal
Cambodia...



from all countries that have legitimacy with a fairly rapid development are malta, indonesia, russia, singapore, vietnam, japan, and also english.
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October 03, 2019, 11:12:39 PM
 #243

In the country where I live including the State of law, bitcoin is in a legal or illegal position because everyone can still use bitcoin for investment, trading or other things, but I have not found bitcoin to be used as a sale or purchase transaction or other. transaction. payment and if I want to buy goods, I have to exchange bitcoin for real money to be able to use any payment or purchase.
so for me to be legal or illegal there is no problem, and as long as I can use bitcoin I will use it well and what I worry about is not being allowed to use bitcoin in total.


Definitely your right mate, even bitcoin is legal or illegal people can invest and have an right to have own bitcoin or crypto currency because digital,currency is anonymous ownership as decentralized currency use by new technology and because of the new technology bitcoin users increase day by day because of the he
P of the new technology system internet news and medias.
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October 05, 2019, 08:08:44 AM
 #244

in my country, crypto legal but you can buy or sell wit crypto. so it just investation.
i dont know what if all country legalize bitcoin, i think it will be same like now, i mean every time life will be more advance, but can we make something new it happen? or its just be cryptocurrency? need same though and cooperation with other country to realize what we need

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October 05, 2019, 03:54:33 PM
 #245

Bitcoin is becoming popular day by day. Reduce people's interest in easy transactions and price Rise. Some countries questioned the legitimacy and questioned. However, many countries of the world have given legitimacy to Bitcoin. We need to know about this issue for those new people. Those who did not know what to expect and would benefit them. Bitcoin has been given the list of validity and cancellation.

Bitcoin countries to get legitimacy:

Solvenia, Switzerland, Ukraine, Denmark, Estonia, Finland, Iceland, Lithuaia, Norway, Russia, Sweden, Bosia & Herzegivina, Bulgaria, Greece, Italy, Malta, Portugal, Spain, Belgium, France, Ireland, Luxembourg, Netherlands, United Kingdom, Australia, New zealand, Morocco, Nigeria, South Africa, Namibia, Zimbabwe, Canada, United States, Mexico, Nicaragua, Jamaica, Trinidad and Tobago, Argentina, Brazil, Chile, Colombia, Cyprus, Israel, Saudi Arabia, Jordan, Indonesia, Malaysia, Philippines, Singapore, Thailand, Croatia, Czech Republic, Germany, Hungary, Poland, Romania, Slovakia, Vietnam, Lebanon, Turkey, Iran, India, Pakistan, China, HongKong, Japan, South Korea, Tuiwan .


Bitcoin Cancellation Countries:

Algeria
Bolivia
Ecuador
Kyrgyzstan
Bangladesh
Nepal
Cambodia...


There are really a lot of countries who restricted bitcoin and other cryptocurrencies because they assume that it is all a fraud or a scam, that is why a lot of people don't beliebe that investing in bitcoin and cryptocurrency is not that profitable. But they are all wrong because investing in bitcoin and in crypto can help the economy of a country to be better like it can decrease unemployed people for them to provide their basic needs. A lot of country also legalized bitcoin because they saw that bitcoin and other cryptocurrencies is really helpful for every individuals.
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October 05, 2019, 07:54:54 PM
 #246

It doesn't matter if they make it "illegal" bitcoin was created in such a way that this situation was already planned for.
I am not so sure these countries it is illegal to use them in. I just think they really don't support bitcoin. Making a currency illegal is like so against human rights.
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October 05, 2019, 09:46:54 PM
 #247

I don't think of a country where cryptocurrency are legal. Countries live with taxes and can provide social services to citizens.
There are many countries where bitcoin is legal if you are not aware of it including Japan, Switzerland, The Netherlands, The United Kingdom, Germany, Singapore and the list goes on. Every country is sustaining because they are collecting taxes from their citizens and what is wrong in it, if any government is looting you then you can complaint about it.

If they can get tax on bitcoin transfers, you are king in your country
I am not sure what do you mean here  Roll Eyes.
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October 05, 2019, 10:39:27 PM
 #248

Bitcoin is becoming popular day by day. Reduce people's interest in easy transactions and price Rise. Some countries questioned the legitimacy and questioned. However, many countries of the world have given legitimacy to Bitcoin. We need to know about this issue for those new people. Those who did not know what to expect and would benefit them. Bitcoin has been given the list of validity and cancellation.

Bitcoin countries to get legitimacy:

Solvenia, Switzerland, Ukraine, Denmark, Estonia, Finland, Iceland, Lithuaia, Norway, Russia, Sweden, Bosia & Herzegivina, Bulgaria, Greece, Italy, Malta, Portugal, Spain, Belgium, France, Ireland, Luxembourg, Netherlands, United Kingdom, Australia, New zealand, Morocco, Nigeria, South Africa, Namibia, Zimbabwe, Canada, United States, Mexico, Nicaragua, Jamaica, Trinidad and Tobago, Argentina, Brazil, Chile, Colombia, Cyprus, Israel, Saudi Arabia, Jordan, Indonesia, Malaysia, Philippines, Singapore, Thailand, Croatia, Czech Republic, Germany, Hungary, Poland, Romania, Slovakia, Vietnam, Lebanon, Turkey, Iran, India, Pakistan, China, HongKong, Japan, South Korea, Tuiwan .


Bitcoin Cancellation Countries:

Algeria
Bolivia
Ecuador
Kyrgyzstan
Bangladesh
Nepal
Cambodia...



Russia is still legal and illegal, government still thinking about how to tax mining and cryptocurrency

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October 06, 2019, 06:49:51 PM
 #249

If 7 billions say bitcoin is MONEY and fair then 170 governments are not listening to the world. Fortunately, 10 years of existence is exactly why they can’t stop Bitcoin. By the time government started to care, it was already too late. There were many stories in 2017 about banks trying to do problems with it, I even know a few first hand stories about banks refusing to accept withdrawals. The fact that there isn’t an organization behind it and that Satoshi doesn’t exist is what make it hard for them to fight it. To stop bitcoin all governments on earth would have to agree to collaborate, and it never happened in human history.
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October 06, 2019, 07:20:55 PM
 #250

The important is Bitcoin will be more popular if they accept it, even though it will be an legal or illegal in every countries. For now, Bitcoin is very popular and well known all over the world because many people truat it the most and if you have Bitcoins there's a lot of thing you can used, let's assure that sooner every country will legalize Bitcoin.

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