Bitcoin legit or not

[Obi theo]

I can't believe this is still a conversation in the forum, it really bad that a bitcoiner is bring such conversation , this should be a conversation for people outside the forum am in shock honestly .

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[cydrix]

Its time to hear if bitcoin is legit or not!!
Someone with good and legit reputation need say here if bitcoin is secure safe and legit!!


We Trust USA dollar because its Federal reserve are legit guys!!

So is bitcoin good or not?

Someone like donald Trump should if its legit

I don't think someone can actually say it is legit or not because not only but so many people have profited and benefited on bitcoin in so many ways that you can imagine. I mean not all people might like this currency but bitcoin isn't built for everyone. The target of bitcoin's purpose lies in the anonymity of it's user so don't lump us bitcoiners to all of you so please don't raise substantial matter if it's legit or not bitcoin doesn't care nor you haters.

[conected]

many say bitcoin is not legal but I see there are increasingly lopsided issues about bitcoin there are countries that ban bitcoin but the more people who want to invest bitcoin bitcoin is amazing no one can control bitcoin is free running alone.

- That proves that people like bitcoin in the fact that it's not legal when its value will be stretched indefinitely without being slowed down due to strict government rules but in return, this too lax rule makes the problem of fraud or investor traps very easy, there are many cases of loss and cannot be blamed on anyone or require responsibility from a fixed party, almost everyone has to manage their own accounts, instead of putting full trust in someone. The illegality of bitcoin has always had such losses but today, the government is building networks in bitcoin, it is very likely that they will proceed with the most optimal regulation.

[wxxyrqa]

Its time to hear if bitcoin is legit or not!!
Someone with good and legit reputation need say here if bitcoin is secure safe and legit!!


We Trust USA dollar because its Federal reserve are legit guys!!

So is bitcoin good or not?

Someone like donald Trump should if its legit

I don't think someone can actually say it is legit or not because not only but so many people have profited and benefited on bitcoin in so many ways that you can imagine. I mean not all people might like this currency but bitcoin isn't built for everyone. The target of bitcoin's purpose lies in the anonymity of it's user so don't lump us bitcoiners to all of you so please don't raise substantial matter if it's legit or not bitcoin doesn't care nor you haters.

Of course, any object, such as a kitchen knife, can be found to be illegal. But first of all, it all depends on how the knife is used, for cooking or for criminal activity. The situation is the same with bitcoin. The government can make any decisions and laws, recognizing everything that they do not want to be illegal, but today the authorities no longer have the ability to destroy the cryptocurrency or prohibit its use.

[DarkDays]

There is no doubt about Bitcoin not being legit. The only reason people spread these bad rumours about Bitcoin being a scam is either because they don't understand it themselves or because they want to put you off from joining in the rally. 

To realise that BTC is as real as it can be you only need to look around to see how many legit companies are now endorsing crypto to the point where they invest millions. I say that's a fact you can't ignore.

[mezzaluna]

Its time to hear if bitcoin is legit or not!!
Someone with good and legit reputation need say here if bitcoin is secure safe and legit!!


We Trust USA dollar because its Federal reserve are legit guys!!

So is bitcoin good or not?

Someone like donald Trump should if its legit

I don't think there is any doubt as to whether Bitcoin is legit or not. And in general, I think Bitcoin can be much more trusted than the Federal Reserve. The Federal Reserve print dollars every day without any liquidity behind them, and the dollar will continue to depreciate.

Its also weird to ask for a person to promote Bitcoin when its already the number 1 Cryptocurrency internationally. Donald Trump does not even have a clue if Bitcoin exists since he is always focused on doing things with fast outputs. Bitcoin is already legit because its already being used when buying cars and its also widely used in most transactions that would happen digitally. The Bitcoin adoption rate is very fast right now since most companies are starting to see its benefits and we can really see a world with Cryptocurrencies in it.

[TribalBob]

legitimate bitcoin why wait for trump to have it?  Should Trump announce that he owns Bitcoin?  I don't think it has to be because of wealth, not to be published, it's okay if bitcoin can become fiat money, at least some people already support the existence of bitcoin

[Nightz]

Its time to hear if bitcoin is legit or not!!
Someone with good and legit reputation need say here if bitcoin is secure safe and legit!!


We Trust USA dollar because its Federal reserve are legit guys!!

So is bitcoin good or not?

Someone like donald Trump should if its legit

Is Elon Musk does enough to call as legit and have a good reputation? then in that case Bitcoin is legit as he once mentioned it before on his tweeter and he's now venturing with it along with a couple of large institutions. Besides, there's a lot of people who can be called living proof as they use Bitcoin on their investment and different legit transactions. If it is fake it wouldn't survive for too long and institutions will not waste their time and money on it.

I wouldn't say Musk makes Bitcoin legit or not with his posts or words. The question is wrong anyway whether it is legit or not. Bitcoin is here and it can't be stopped. Why shouldn't it be legit to send some data around in a decentralized network? Take tulips for example: if people start exchanging tulips because they value them, would you also ask whether tulips are legit or not?

Bitcoin is code and the code is legit. Bitcoin can be abused, true, but so can a knife be abused! I can even kill you with a chair, but that doesn't make the chair illegitimate. Or just take email: is email legit? Very similar to Bitcoin, you use it to transfer information from A to B. Could it be abused? Hell ya! But is it illegitimate? You can abuse it to plan bad things or transfer illegal documents as much as you can use Bitcoin for certain criminal things.

Bitcoin is a technical mirage and here to stay!

[mikeauerbach]

Its time to hear if bitcoin is legit or not!! Someone with good and legit reputation need say here if bitcoin is secure safe and legit!

Isn't Bitcoin white paper enough to make sure that it's worthy and reliable?

We Trust USA dollar because its Federal reserve are legit guys!!

Hah, do you trust the dollar?

[elisabetheva]

Bitcoin permission has been officially introduced in some countries, while others see that Bitcoin can be used, but there are parliamentary restrictions.  Again in some countries the central bank and the government work completely against Bitcoin.  My neighboring country has given permission to use bitcoin but my country has not given permission for bitcoin till date.

each country will apply according to the interests that will be obtained and the effect that might happen to the country by providing certainty by accepting bitcoin as a trading currency just like any other. but some countries still take into account the pros and cons because misuse of bitcoin can occur so that strict rules are needed so that the state is not harmed. so each country will determine the readiness of all of them before making sure to accept bitcoins. although it is clear that bitcoin is actually very profitable, the state must be able to confidently be able to overcome something that might later be impacted by the acceptance of bitcoin.

So it is not surprising that there are still many countries that still cannot accept or accept part of it and do not recognize it as a legal medium of exchange, but do not prohibit trade and others from being carried out, but when it is to be used as payment, the state does not recognize it and must first change to fiat.

[Daniwahyu007]

each country has its own policy on cryptocurrencies. maybe every country is afraid that it will be used as a means of illegal payment and buying and selling of weapons

[Sihab76]

Bitcoin is legal in all countries that have allowed Bitcoin.  Again, the use of Bitcoin is completely illegal in all the countries that have not given permission for Bitcoin.  I live in a country where Bitcoin has been declared completely illegal by Central Banking and the government.

[corel]

Its time to hear if bitcoin is legit or not!!
Someone with good and legit reputation need say here if bitcoin is secure safe and legit!!


We Trust USA dollar because its Federal reserve are legit guys!!

So is bit[Suspicious link removed]d or not?

Someone like donald Trump should if its legit

Bitcoin is absolutely legit among 99% of sane peoples except for a bunch of FED masons

[Haryourmie]

With he way bitcoin is moving recently if you still belief that bitcoin is fake you are on a long thing. Join the train now before it's too late

[giantrobot]

Its time to hear if bitcoin is legit or not!!
Someone with good and legit reputation need say here if bitcoin is secure safe and legit!!


We Trust USA dollar because its Federal reserve are legit guys!!

So is bitcoin good or not?

Someone like donald Trump should if its legit

Is Bitcoin question legal? Come now yet have a satisfactory answer. Some countries still ban bitcoin they think Bitcoin is virtual money. So many people feel afraid of investing Bitcoin. There are also many countries that accept Bitcoin as India, Japan, Korea and America. And watch Bitcoin as payment method.

[posi]

If you ask bitcoin is legal or not, most people will definitely answer legitimate. because the proof is that everyone has invested in bitcoin and has exchanged it for fiat, bitcoin is also legal for transactions, trading and investment, although many want to drop bitcoin I'm sure it's getting bitcoin dropped bitcoin is growing.

Despite the genuine of Bitcoin, its potentials, and its price stance when it total lockdown which captivated a lot of institutional investors which are currently the major investors we have in the market.
 Bitcoin can still be legit and so not, why? Legit is everything that's conforming to the government rules so if a government of a country is against crypto technically crypto is not legit in that country.

[worldofcoins]

There are numerous advantages of cryptographic money; however, we can't dodge some negative realities.
It all relies upon us; Bitcoin can be utilized lawfully and illicitly.
For instance, it is lawful to exchange with bitcoins and make additional advantages; on the other hand, crooks used to purchase unlawful things like weapons, drugs, etc.
The biggest disadvantage is you can not reach that person who's using it.

[DanWalker]

I think the problem here is with your definition of 'legal'. If you mean 'legal' as legal to own, then bitcoin is legal because no one or country forbids anyone from owning bitcoin even those for whom it may not be accepted for payment. So don't compare that joke with our beloved BTC. If he doesn't want to buy it, then no one can ask his permission to make Bitcoin legal. sure that BTC is legal and recognized by everyone, what are you thinking about legal BTC? legal or not?

[Mr.sprin]

until now bitcoin is still illegal in various countries only a few countries have legalized bitcoin but even so in countries that prohibit bitcoin there has been no arrest or hunting of people who hold bitcoins, meaning that even though they are prohibited, there are no sanctions against people who hold bitcoins.

[ifarted]

Bitcoin is a digital money. I'm still learning and new to cryptocurrencies but i believe that bitcoin is legit. You can invest and make profits. It can benefit you and has made a big impact on the community especially to those people who are unemployed.

Although there many scammers out there who causes you to lose all of your assets, you can always avoid it by being careful, knowledgeable in marketing and having good skills and strategies.