1, fil is just a data storage technology, and the fil coins generated by it are legal in nature and will definitely be recognized by the state.

2. As the underlying technology of the Internet, the main function of IPFS is decentralized distributed storage, which is more efficient, safer, more private, more permanent and lower in cost than the traditional centralized storage HTTP protocol that has been used for more than 20 years. Because of these characteristics, it is only a matter of time before IPFS fills and replaces HTTP protocol.

1. In essence, IPFS/Filecoin is legal. IPFS, which is a file transfer protocol. In essence, as a transmission technology, IPFS is legal. After all, there is nothing illegal about this technology, just to help us transfer files more safely and quickly. IPFS, what it wants to do is to replace HTTP and become the underlying network transmission protocol in the new era. So since HTTP can be widely accepted (legal), IPFS should be legal as an alternative or upgrade.

2. Functionally, IPFS/Filecoin is legal. In other words, IPFS is a transport protocol. Functionally, it can realize: fast file transfer, safe file storage, file tampering prevention, data value protection, etc., which means that IPFS itself is not only legal, but also it can prevent illegal things from happening. Like hackers stealing data. In IPFS, file storage is local storage; IPFS uses fragmentation technology, and files are fragmented and encrypted for storage. In this way, we can successfully protect our files from hackers. With such a function, can we say that IPFS is illegal?

3. As far as mining is concerned, IPFS/Filecoin is legal. For most investors, whether IPFS/Filecoin mining is legal or not is the key point.

Facts have proved that mining itself is legal as long as it is compliant and the procedures are complete. China previously banned foreign exchange trading, but not mining. By the end of 20021,the ban had been lifted and the country was issuing its own sovereign currency DCEP. Therefore, there is no need to worry too much about this policy risk, just worry about whether the IPFS/ Ferrocoyne mining company you choose is legal. Secondly, the Ministry of Industry and Information Technology and Shenzhen also organized an IPFS technical seminar. As far as IPFS/Filecoin Mining Company is concerned, it is legal in itself.