Ninjastic
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Re: Bitcoin Attorney Will Answer All Questions:
by
AttorneyBitcoin
on 29/12/2017, 06:09:56 UTC
Quote from: biskitop on December 28, 2017, 12:08:25 PM
Quote from: AttorneyBitcoin on December 22, 2016, 08:44:55 AM
Dear BTC/Crypto Legal Forum:

As an experienced BTC attorney I'm happy to answer all questions here.

I have noticed some misinformation in some answers here. When it comes to taxes, laws and regulations, guessing or opinions are not helpful and can easily lead to problems. Most solutions to all the questions here can be summed up in a few short answers.

I can only give legal advice to laws in the United States but can discuss other countries in general terms. I've been involved as an attorney and a miner in BTC and Crypto's for 3 years. During that time I have represented many client's involved in our crypto world. Happy Mining!

George D. Greenberg, Esq.
AttorneyBitcoin
Las Vegas, Nevada, U.S.A.
www.attorneybitcoin.com

I want to ask about a speculation, what will happen to bitcoin in my country. If for example bitcoin is closed in my country, maybe bitcoin sale site will be closed for all transactions. But if the bitcoin wallet can still be accessed and still be used to store bitcoin, then where to sell bitcoin I have? Because all this time I use the official sale and sale of bitcoin in my country, so I only know the sale and purchase of bitcoin, that's all.

It's a good question and one that faces people in many countries. When you say Bitcoin "closed" I am going to take that to mean that BTC would be illegal or not allowed in your country. If this was the case then anything you did with BTC in your country would be illegal. It sounds like it is still legal in your country though but you have some insecurities as to what would happen.

You are correct, banks in your country under this fact pattern would not accept deposits that were derived from BTC and this would present a dilemma. Depending upon the amount of BTC your are talking about, if you had a realistic worry that this could happen then you need to explore ways to securely save your BTC until either your country allows it again or you travel to another country that allows BTC in order to exchange for fiat.

Best:

George D. Greenberg, Esq.
www.attorneybitcoin.com