123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Legal >> View Article

Bitcoin Regulations

Profile Picture
By Author: Foojack
Total Articles: 1
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Bitcoin allows money to be transfer online quick, secure, and without any third-party. Unlike bank, if you are transferring money to another country a third-party is needed. Bitcoin also helps to reduce the fee paid for the third-party, bitcoin only has a transaction fee which is a lot lower than the fee charged by the third-party. Bitcoin system is entirely peer-to-peer, traders will not get interrupt by any third-party. Bitcoin transfer very fast different from bank need 5 to 10 working days to transfer money from a country to another country.This make the hacker wants to scam you if they know you have bitcoin as it is very valuable. The Investor involves themselves in cryptocurrency due to its decentralize nature and this make scammed scam the investor easily and still will not take any punishment. Written by Bajapai (2019) country such as Russia, China and Vietnam have totally banned the use of Bitcoin. This is resulting of the nature of cryptocurrency which is decentralized can cause many illegal problems such as drug trafficking and illegal transaction. In addition, in 2017, Liang stated that China banned all the “Initial Coin Offering” related cryptocurrency because it is accused that “Initial Coin Offering” is a government unauthorised fundraising campaign. Since the “Initial Coin Offering” does not need to be approval by authority and cannot be controlled by the government.

More About the Author

I am a blogger that write blog about cryptocurrency. This website was build to educate people on crypto scam and manipulations. Don’t waste time sharing your dreams, start learning something new today. Visit my website to know more about crypto trading.

Total Views: 22Word Count: 226See All articles From Author

Add Comment

Legal Articles

1. Arrested During The Holidays: Options For Using Bail Bonds
Author: All out bail bonds

2. 10 Things That You Should Do After You Have Been Involved In A Road Accident
Author: Chris Lucero

3. Delisi Friday – Analyzing Your Marketing Strategies For The Year
Author: Michael Cowen and Delisi Friday

4. The Ins And Outs Of Filing A Workers Compensation Claim
Author: Jassika Rose

5. Top Legal Firms In Delhi
Author: Priyanka Mehta

6. Three Distraction Categories That You Are Likely To Experience When Driving
Author: Chris Lucero

7. How Does A Private Placement Memorandum May Look Like?
Author: securitieslegal

8. New Cdc Director To Target Opioids
Author: Devin Herz

9. Genentech, Roche Holding Accused Of Misrepresenting Amount Of Drug In Vial
Author: Devin Herz

10. Tim Whiting – The Journey Of A Trial Lawyer With Perseverance
Author: Michael Cowen and Tim Whiting

11. Essential Questions To Ask Before Hiring An Appraiser For A Condemnation Case
Author: MR Valuation Consulting

12. Legal Advice For Entrepreneurs
Author: securitieslegal

13. Study Finds Even Amid Cdc Warnings, Teens Are Still Vaping In Record Numbers
Author: Hendy Johnson

14. Fetch Top Legal Advice For Divorce, Family Matters, Estate And Personal Injury
Author: Magner & Hueneke

15. How Free Legal Document Creator Works?
Author: Naseem

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: