DC Federal Court States That Bitcoin is a Form of Money

Cryptocurrency News & Discussion

The official source for CryptoCurrency News, Discussion & Analysis.
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This subreddit is for users of Bitcoin in Australia.

This subreddit is for users of Bitcoin in Australia.
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Ways To Make Money

This subreddit is a place for people to share ideas about making money- legal or illegal. We are always open to any and all ideas you may have. Don't be shy, great things don't happen without putting minds together!
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Why is bitcoin illegal in Bangladesh?

submitted by Fakewhiteghost to bangladesh [link] [comments]

Is bitcoin illegal in your country?

If not how do you use it?What can you shop with it that ships in european countries
submitted by eonbre to AskEurope [link] [comments]

Is bitcoin illegal in Nepal?[Ask] /r/Bitcoin

Is bitcoin illegal in Nepal?[Ask] /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Is bitcoin illegal in china?

is bitcoin illegal in china?
submitted by Al3ksand3r to Bitcoin [link] [comments]

Is Bitcoin illegal in India ?

submitted by kkin1995 to Bitcoin [link] [comments]

Is Bitcoin Illegal In California?

I read something on reddit a while back they are trying to amendend a law to make Bitcoin illegal in the state of California does that mean Bitcoin is illegal there?
submitted by A1nerd to Bitcoin [link] [comments]

Is bitcoin illegal in china? /r/Bitcoin

Is bitcoin illegal in china? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin mentioned around Reddit: Is bitcoin illegal in your country? /r/AskEurope

Bitcoin mentioned around Reddit: Is bitcoin illegal in your country? /AskEurope submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Where is Bitcoin illegal in world?

What countries declare bitcoin use illegal like Russia and Taiwan?
submitted by P-e-t-a-r to CryptoCurrency [link] [comments]

Is Bitcoin illegal in Thailand? Ed and Ethan’s Daily Bitcoin Update July 30th, 2013

Is Bitcoin illegal in Thailand? Ed and Ethan’s Daily Bitcoin Update July 30th, 2013 submitted by decon210 to Bitcoin [link] [comments]

This Smash Bros Youtuber has been hacked by what I think is one of those illegal bitcoin scammers, this is messed up and YouTube needs to fix this. These people are destroying his years of work. (I'll leave a link to a tweet he made about the situation)

This Smash Bros Youtuber has been hacked by what I think is one of those illegal bitcoin scammers, this is messed up and YouTube needs to fix this. These people are destroying his years of work. (I'll leave a link to a tweet he made about the situation) submitted by Clive69420 to youtube [link] [comments]

Countries are pushing towards going cashless, that means every street drug dealer will end up using bitcoin. Illegal drug market is valued at $360 billion. Bitcoin's market cap would need to double to handle this.

Think about it, digital dollar is coming, other countries are pushing to get rid of cash too. Some of it is to push to get tax money, other reason is to push negative interest rates, among other reasons. There way more black market transactions that just drugs, but drugs alone is valued at $360 billlion. Bitcoin would need to double to handle that. Meaning price will go up at minimum +100%

I know this isn't the best reason for bitcoin to go up, but the underlying economics of it still hold true.
submitted by dancingbearstonks to Bitcoin [link] [comments]

What limits me buying bitcoin legally then selling it at a markup to people without kyc. Is it downright illegal? (USA).

I am verified on several platforms to purchase as much btc as I want, as I have supplied proof of my identity. Many people want to buy anonymously and will pay a premium for that. Can I legally sell them my bitcoin anonymously? I'm guessing, no, being the exchanges can't. If this question is as dumb as I think it might be I am sure it will be quickly weeded out democratically 😄
submitted by samjoe6969 to Bitcoin [link] [comments]

What is an actual, reasonable, and informed perspective on the likelihood and nature of America making Bitcoin, and crypto-currency in general, illegal?

submitted by Liquid_Magic to BitcoinBeginners [link] [comments]

5 Countries Where Bitcoin Is Illegal

5 Countries Where Bitcoin Is Illegal


#Bitcoin #illegal #countries #cryptocurrency #saudiarabia #Nepal #bolvia #algeria #Bangladesh
submitted by Thecoinscapture to u/Thecoinscapture [link] [comments]

Is Russia's proposal for making Bitcoin illegal a big deal?

So I'm sure a lot of you are aware that Russia is proposing a law that makes purchasing Bitcoin illegal, I read the punishment could be 7 years in jail? Seems pretty steep. I have no idea, so could someone more knowledgeable than I explain if this is a big deal? Could they really enforce this? Could other countries do the same? I would assume it would have a profound impact on Bitcoin, but if not could someone explain why?
submitted by HairBones69 to Bitcoin [link] [comments]

Columbia Law Professor writes that Bitcoin's only use is crime and all cryptocurrency should be illegal. These are the academic cronies advising the government and scaring regulators

Columbia Law Professor writes that Bitcoin's only use is crime and all cryptocurrency should be illegal. These are the academic cronies advising the government and scaring regulators submitted by jamesishere to CryptoCurrency [link] [comments]

Does copyrighted material on the Bitcoin block chain mean that downloading the full block chain is technically illegal?

So, as some of you may know you can actually hide messages in the blockchain. However, this also means that you can hide stuff like a copyrighted book in the blockchain. In fact, someone did just that.
Does this mean that a user downloading the blockchain which happens to contain this book is doing something illegal? How does hiding stuff like this on the blockchain work? Would this constitute copyright infringement? Any info on this would be appreciated. :)
submitted by shinyspirtomb to Bitcoin [link] [comments]

Is Mcafee's Ghost cryptocurrency more secure than Bitcoin to buy illegal stuff?

If you don't know what I'm talking about : https://www.ghostbymcafee.com/
I wonder, if it indeed is the stealthiest coin there is, then can (or should) it become the new online black market currency?
submitted by ergosiris to darknet [link] [comments]

Bitcoin replaces fiat money. Bitcoin is untaxable and illegal. Bitcoin is a "bubble" and can be "shut down”… 😵 We’ve taken the time to debunked the most common myths and misconceptions about Bitcoin and other cryptocurrencies. Ready? Let’s get to it! 🤓

Bitcoin replaces fiat money. Bitcoin is untaxable and illegal. Bitcoin is a submitted by Crypterium_app to crypterium_com [link] [comments]

Bitcoin replaces fiat money. Bitcoin is untaxable and illegal. Bitcoin is a "bubble" and can be "shut down”… 😵 We’ve taken the time to debunked the most common myths and misconceptions about Bitcoin and other cryptocurrencies. Ready? Let’s get to it! 🤓

Bitcoin replaces fiat money. Bitcoin is untaxable and illegal. Bitcoin is a submitted by Crypterium_app to Crypterium [link] [comments]

How common do you think bitcoin is for politicians and countries for trading in illegal favors?

How many of the whales do you think are countries exchanging secret favors?
submitted by ShotBot to Bitcoin [link] [comments]

Bitcoin Goes Legit, but What's the Catch? What Is Bitcoin Mining? Twitter Hacked, Bitcoin Secure (And No One Wants ETH) What is Bitcoin Mining? Bitcoin Faucet: Getyourbitcoin - 4 satohis every 5 minutes (Faucetpay)

Bitcoin is easily laundered through unregulated exchanges. Unregulated cryptocurrency exchanges (those without Know-Your-Customer and Anti-Money-Laundering (KYC/AML) procedures, such as identity checks) can also be used to ‘clean’ Bitcoin, even without using a cryptocurrency mixing service beforehand. A US federal court ruled that Bitcoin is a form of “money” covered under the District of Columbia’s (D.C.) Money Transmitter Act. The conclusion is part of a criminal action involving the U.S. versus Larry Dean Harmon, who operated a Bitcoin mixing platform. Some countries have made bitcoin entirely illegal, like India, Bolivia and Ecuador. Some of these same countries have also issued their own digital currencies as well. Other countries, like China, have shifted their view on bitcoin, banning and unbanning the currency in various ways over the last few years. Bitcoin has become a significant issue of contention among regulators, which has led to further confusion among the general public. The question as to whether or not bitcoin is legal or illegal in your jurisdiction must have certainly crossed your mind. In this article, we explore bitcoin and cryptocurrency regulation in Ghana. The article describe Legality of Bitcoin, Bitcoin legal issues and facts Are Bitcoins safe. There is always discussions going on "Is Bitcoin a legal currency"? Since the launch of Bitcoin, people gave mixed responses from everywhere. Tuesday, July 21 2020 Breaking News.

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Bitcoin Goes Legit, but What's the Catch?

Bitcoin has been a subject of scrutiny amid concerns that it can be used for illegal activities. In October 2013 the US FBI shut down the Silk Road online black market and seized 144,000 bitcoins ... Problems of Bitcoin:44% of bitcoins are used for illegal activities: Money laundering, Crime, Financing terrorism, Narcotics and drug, DarkWeb, Buying illegal items and goods, Hacking exchanges, While most illegal activities are committed worldwide using US dollars, Bitcoin is the most secure, first choice of anyone who wants security and ease of use. This bodes well for its eventual ... This means that bitcoin can be traded and sold in India. ... There is a fear that this currency will not be used for selling drugs and illegal arms procurement. Also, there is a fear of cyber ... For more information: https://www.bitcoinmining.com and https://www.weusecoins.com What is Bitcoin Mining? Have you ever wondered how Bitcoin is generated? This short video is an animated ...

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