Warnings about buying Bitcoin Legal problems in your country

[Farry 826]

The United States has taken a positive approach to Bitcoin. Meanwhile, it has several government agencies that work to prevent or reduce the use of bitcoin in illegal transactions

[Malik Abi 0]

Bitcoin is not legal in my world, but my government provides protection against scammers ( cyber crime ). They are always ridiculous, and they usually just wait for a response from another government to get policy. There are no taxes, so there is insurance from theft, but they never encourage me to buy anything with bitcoin in person or from an online retailer.

[Rose5 916]

Dear I want to tell to everyone if bitcoin is legal in your country then you can purchase bitcoin and you will earn good profit when you will sell in future and you can invest bitcoin for more earning and this is smart way for good earning. 

[Alish198562 436]

The governments in my country do not attach any importance to cryptocurrencies, but citizens do work in them, and there are no commercial companies that accept cryptocurrencies as a method of payment.  Sadly, I would pay a fee to convert it into paper money in order to buy anything.  I hope the cryptocurrency situation will improve in my country and other restricted countries.

[Crypto Eng. 1142]

Cryptocurrencies are not very popular in my society, due to the difficulty of buying and selling them, the spread of misconceptions about this technology, and the existence of laws that prohibit dealing with them.

[Tomy2 375]

Some countries do not try to give warning about crypto currency they just remove it or banned it completely. This still have nothing to do with people using the currency because some people still go ahead to to buy Bitcoin and use  but knowing the various risk involved

[White3319 463]

In most countries, the use of cryptocurrencies has been banned, but we the people must support it and encourage investment in projects related to cryptocurrencies, as it is of great benefit and also trading with it is very easy and does not require large fees because it is decentralized.

[Ashrafi62 489]

No, my friend.  Bitcoin is very expensive in our country.  It is basically legal in our country.  Everyone wants to earn this bitcoin.  And now bitcoin can be earned with cryptocurrency.  But by following the conditions then bitcoin can be earned.

[galb za 416]

In fact, in my country, no decision has been issued regarding Bitcoin, neither negative nor positive, so we cannot say that it is neither legitimate nor illegal, but rather is not recognized.

[AboQusai 155]

Bitcoin currencies are used in many illegal matters, the most important of which is as a payment method on illegal deep web sites, in addition to the use of cryptocurrencies to evade taxes, and these things stand an obstacle between cryptocurrencies and countries for their adoption and support by governments.

[Alix188 585]

On 10/20/2019 at 12:35 AM, chirinemannai said:

these services do not provide the same level of protection as banks

The use of cryptocurrencies is safer than using fiat currencies, but you must be careful about your currencies and do not leave them on the trading platforms and you must store your private keys in a safe place

[Saleena micky 685]

The United States has taken a positive approach to Bitcoin. Meanwhile, it has several government agencies that work to prevent or reduce the use of bitcoin in illegal transactions.

[sally.azzam 313]

I do not understand how some governments can prohibit the use of cryptocurrencies, is it reasonable that they do not understand that they are able to achieve a lot with cryptocurrencies? I do not think that there is a government that does not understand that, in any case in my country no decision has been issued in this regard, I think that dealing in cryptocurrencies is permissible as long as it is used in legal matters

[Alsh9 1007]

There are still problems in some countries regarding the approval or legality of Bitcoin. I hope that it will be adopted in most countries in the future. I really hope so.

[almayuki9 200]

In my country, the government has not issued official rulings on cryptocurrencies, but I think it is illegal to deal with them, but it is hard for them to track down cryptocurrency users because their transactions are encrypted with blockchain technology.