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Do tell more! I was unaware of any country having officially stated Bitcoin as illegal.
by Frozenlock 14y ago
Do tell more!
I was unaware of any country having officially stated Bitcoin as illegal.
- paulnechifor 14y agoI too don't know of any such country, but he might be living in a country that bans all foreign currency. (That's how it was in communist Romania.)
- ankeshk 14y agoYou can make an argument that Bitcoins is not a foreign currency as it can be mined domestically in your own country.
- jiggy2011 14y agoIn fact, is it even known which country bitcoin originated in?
- eduardordm 14y agoThe law I pasted to some other replies just states that the only currency that can be used for commerce within the country is the national one. Also defines that national currency is the one created and regulated by the central bank.
- n3rdy 14y ago> Do tell more! I was unaware of any country having officially stated Bitcoin as illegal Bitcoin itself may not be illegal, but the encryption schemes may be illegal for private citizens to use in some countries, especially ones that don't want their citizens communicating in secret.
- oleganza 14y agoIn Bitcoin protocol there are no encrypted messages. The only thing that may or may not be encrypted is your own private keys. But it does not concern legislation of encrypted communication because you don't communicate those keys to anyone.