Is owning money a crime? Because money facilitates the trading of such illegal things, too. If/when Bitcoin is regulated in your country of residence and you are obligated by law to declare any possession of Bitcoin but you haven't done so, then owning Bitcoin might be illegal.

Not where I am from. There is no penalty or punishment for the owing, buying, selling or use of bitcoin so it is not a crime neither is it illegal.

 
Owning BTC is not a crime at all. in some countries BTC has been banned and is considered illegal while in others its legalized, so it entirely depends on which country one is,

Owning bitcoin was a crime? It depend
Depend from where you get that bitcoin, if you get if from sell drugs, gun or something that restricted ofcourse that was a crime you involved with that transaction
But if you only use bitcoin for you to make you rich thats not crime

haha what the hell is this question?? are you serious? bitcoin is not a crime because you are not committing on any crime in trading even in the bounty task

Owning bitcoin is not a crime, the crime there occurs when you buy something illegal using bitcoin. The problem here if someone will set up a black market for his contraband and accepts digital currency as payment but i think it is traceable. Not good for illegal activities if this digital currency is traceable.

Owning bitcoin or any other cryptos is not a crime in Canada. The Canadian government is just worried for the black market trade that is happening through dark web where the medium of payment is crypto currency. That's where the problem is. Even we can't deny the fact that crypto currency is an ideal medium of payment for such illegal trades. That's where the gap exists. Neither the Canadian government nor this article mentioned that owning crypto currency is illegal in Canada. It's the usage of crypto currency to facilitate such illegal trades through dark web. The existence of dark web is the problem for them and it is true for the majority of the countries nowadays. But this gap can be bridged through proper training to the investigating officers. Blindly saying crypto currency is illegal, is not what the article means. So stop panicking!

It depend on the country. For example, in Russia owning bitcoin is not a crime, but if you try to pay in bitcoins this is a serious crime. If you change BTC for fiat and do not pay taxes - this is a crime.

I don't think that owning bitcoin is a crime but maybe in a country that doesn't allow bitcoin, it will be a crime. but I don't see that if we own bitcoin, we can break any law. and if you are afraid to own bitcoin then you can sell your bitcoin and get the money and get out from bitcoin without any plan to come back in bitcoin world again.