Can you guyz vote if what are we doing now is legal or not
Coz these can be a serious like having a marijuana or drugs in our pockets
And if these bitcoin became a currency i think it will be have a tax and
Why do we eager to earn virtual money than real money.. simply because the rate is higher than the real ones and it is easy to earn if i am not mistaken😎
What you guyz think
Newbie
It depends on what country you are on because some country make it illegal but some country it is legal like in the Philippines where Bitcoin is legal and the exchanges are regulated by Banko Sentral ng Pilipinas and investment are highly warned by the BSP.
Bitcoin now are not totally legal in the Philippines, maybe this coin in this country was followed the rules and regulations of this nation to avoid banning of crypto currency. As per BSP since bitcoin was followed the AML together with KYC they allowed this coin to continue their transactions in the Philippines. In addition they believe that this coin were not used in evil, also they trust Filipino's that they cannot abused this coin for personal interest.
Hope our president never get mad on what bitcoin is and how it works and make snap decision about banning they don't know how bitcoins help their countrymen well in daily living.