Post
Topic
Board Legal
Re: Will Bitcoin will be declare as legal or not ?
by
mrcash02
on 05/06/2017, 19:11:08 UTC
If the government is against the black money the easier solution is to regulate BTC, because if they ban it, people will continue using Bitcoins and government won't have control over it, regulating can make things easier to manage for the government, what doesn't mean it will be better for ordinary people using Bitcoin for honest purposes.
Yes , totally true , This will be the solution for use .
Because at the one side we can't exit from the Bitcoin but also at the second side we have the responsibility to not to violate the law of taxation , so regulation is better option and then we will be able to use Bitcoin legally .

But you know to use Bitcoin legally can be worse, right? You will need to pay higher fees than you pay now to transfer money, and maybe there will be extra fees when buying stuff in your country. You would need to spend more Bitcoins to buy less things, it's not a very good deal, only for the government of course.