Cryptocurrency Q&A
Is Bitcoin money legally?
Is Bitcoin money legally?
isabella_bailey_economist
Thu Dec 26 2024
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7 answers
1474
I'm wondering if Bitcoin is considered as legal money. I know it's a digital currency, but I'm not sure if it has the same legal status as traditional currencies.
7 answers
Nicola
Sat Dec 28 2024
This lack of regulation has led to varying degrees of acceptance and legality across different countries.
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amelia_jackson_environmentalist
Sat Dec 28 2024
In many developed nations, such as the United States, Canada, and the United Kingdom, Bitcoin is allowed to be used freely.
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Michele
Sat Dec 28 2024
These countries have taken a relatively permissive stance towards Bitcoin, recognizing its potential as a legitimate form of payment.
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Federica
Sat Dec 28 2024
Bitcoin has emerged as a popular digital currency for purchasing goods and services.
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GyeongjuGloryDays
Sat Dec 28 2024
Conversely, in some countries, including China and Saudi Arabia, the use of Bitcoin is illegal.
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