Ninjastic
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Board Bitcoin Discussion
Re: Is it legal to earn and hold bitcoin ?
by
Leonard2016
on 21/07/2016, 02:59:44 UTC
Quote from: JeffBrad12 on July 21, 2016, 02:40:54 AM
Quote from: Wapinter on July 20, 2016, 09:35:56 PM
Quote from: PokerFace3 on July 02, 2016, 08:10:59 AM
As i am from country where bitcoin is stated to be a illegal currency so, its ok to earn form small services and signature campaign here and hold my bitcoins ?
I need some suggestions ?
I love bitcoin and i can't leave it !
You can hold it on some reliable online wallet but you may face legal problem if you try to cash them into fiat or buy some physical good online.
The best option for you would be hold it online and wait until things change in your country
The best way in my minds using a coin base service and change your BTC into PayPal balance or trying buying PayPal balance with some people in the foreign. you will don't getting a legal problem for doing this way.

it is so much better to either use an exchange and receive it in your bank or if you want the anonymity in this case you should do the trade face to face by receiving cash because paypal is not so different from banks and will record your transactions and also the buyer can charge back and you lose a lot of money.