Topic: Are bitcoin investors violators? - page 4. (Read 791 times)

Bad citizens are people who engage in activities that harm and could negatively affect the reputation or the economy of a country. I don't think Bitcoin is causing any harm to the country, so I will not be termed a bad citizen because I own it. Even the people who make the law disobey the law and the ban on Bitcoin was made because of the selfish interest of a few influential people.

Legally I am breaking the law but morally I am not. These politicians don't have any genuine reasons for banning Bitcoin. The reason for this ban is purely for personal gains and not for the good of the people.

Religiously, I am not committing any sin because my religion doesn't forbid investing in Bitcoin or using it as a legal tender. My religion promotes freedom and privacy so the ban on Bitcoin is even against my religious tenets.
Citizens are mandated to obey the law of the nation they are staying in. If Bitcoin is banned in your country, you are obliged not to buy or engage in any Bitcoin transaction.

But you have the option of travelling to a neighbouring country where Bitcoin is legal to engage in Bitcoin transactions and move back to your country. If you take this step you didn't disobey any law since you didn't engage in the activity within the territory of a banned territory.

Nothing is surprising in finding that the citizens of a country are investing in BTC or crypto while it is banned by the government. I have seen many people here in BTT who have exposed that they use BTC or other tokens while their governments have banned them. So, there remains nothing surprising here for me, but for you maybe.
I don't consider myself a bad citizen for disobeying the government, but I have to consider myself. Because disobeying your government is directly equal to crime but a crime in one country is not a crime in another country. Same prostitution, alcohol, etc. is a crime in one country but not in another country.

BTC is the same as that but it is not negatively impacting society like all those bad factors, crypto is banned in my country too but I think my government is not considering it because they are afraid they can't control it, or they don't know how to react with it, how to get benefit from it. Because one time they legalized it and then banned it two times. This means they are uncertain of what crypto is, but if some educated person would teach them then they might consider it to be legal.

No.


You think that being disobedient is somehow a bad thing? If you know anything about history you will see that its often quite the opposite.

Is it that you are misunderstanding the concept of Bitcoin as a whole?
Or you are after laws of centralization?
Do you wants to remain dependent if banks financially?

If no then you need not to depend on government when looking for financial stability.
Bitcoin is decentralized and no one will know if you invest in Bitcoin and no law will work because they will not know if you buy Bitcoin through p2p unless you use exchange and leave your money in exchange.

Never try to think about it but if we give it a proper thought then we will realize that yeah we are disobeying the government and it is almost near to sin, but but, not for every country because many countries don't have any religion so does there citizens, but I am a religious person and the country is religious too, and if I will disobey my country's law then I am doing a sin (maybe or maybe not, because I am not so sure about it) I need facts to agree on it.

But crypto is banned by my country and I think it is not a good decision because they have nothing in their hands against crypto to ban it, State banks have said that in a statement during a court trial on legalizing crypto. But due to political suppression crypto community lost the case and crypto was declared banned. Therefore investing in crypto while the country doesn't allow it without any reason, might not be considered as a sin but a crime, yeah, in the law's eye, we are committing the crime.

Well Bitcoin isn't not banned in my own country, there was a time when it was banned but really, why should I feel bad investing my hard earned money on Bitcoin? It's not even the government that's paying me the money that I use to buy Bitcoin, it's none of their business.

The best thing they can do is block people from accepting Bitcoin as a medium of exchange or making payment in the country, I like Bitcoin because it's a good store of value, not just for making payments only, you are free as a bird mate, do what you feel is right..

But do know that no government want the best for it's people, it will be hard to get you under control if you have your own money and power, you can afford abandoning the country for another, but if you are poor you are simply under the control of your government and trust me, this is what they want.

OP, in your topic did you attest to the fact that you are a violator before asking other members?

Bitcoiners do not care about what the government think or do. Bitcoin has been gaining significant ground even in countries that makes it illegal. I think doing it in an open space or publicly that is what may seem like you violating the laws of the government. But when you keep calm and remain anonymous no one will ever notice or find out you are into Bitcoin. It can be tag as illegality but deep down we know the truth that Bitcoin has no negative effect to the economy of any country.

According to what I know, in most countries there are no clear laws and all accusations are made using anti-money laundering or tax evasion laws, especially if we are talking about amounts exceeding 10k USD.
If your country prohibits Bitcoin, do not sell and adhere to the laws. However, if there are no clear laws, it is better to stay away from trading with large amounts and to be within the circle of those you trust.

Bitcoin isn’t illegal in many countries but what the government are doing is they don’t support it, let’s take a look at the casino industry, many people do not like or support them even in this forum and they do not advertise them but do they stop others from engaging in them No, they believe you bear the risk. If you look at what most countries do they advise people against bitcoin and cryptocurrency at large but that is left for you to take. If you risk it and it turns out bad for you, the government isn’t coming to aid that is just it.

I will give example of Nigeria since it’s your country too, the government frowns at bitcoin but didn’t ban it that is why you see people publicly going about saying they are into it. In a country like China where it was once banned you could see the government coming after everything related to it even mining. In this kind of country you can also invest because it is your money but you can’t publicize it or advocate because it is against the law and doing that makes you a law breaker. so there is difference

Let me answer your question from a personal perspective.

I live in a community where we have a lot of seafood like fish, oysters, periwinkle, and lots of valuable seafood that are in abundance here. But the issue is that the leaders in my locality don't allow people to harvest the see food for the purpose of selling them and this is because they don't even know the value of those see food. they will even harvest those see food that if you sell it in the urban areas, the price will be enough to feed a whole household for the week and they will just eat it up just a day.

Because I know the value of these product and I know the market I can sell them to make money, I still go out and harvest it and sell it and make a huge money out of it. And here is the striking thing I discovered as I continued harvesting the oyster, I discovered that the more I harvested them, the more they produce fresh and quality oyster while the once left without harvesting becomes old and dies off with time. When some persons in the locality interacted with me and I told them how much I make from the sells of tye oyster, their thought process change and some of them have even joined me.

What I'm trying to say in essence is that, that a country bans the use of a particular thing doesn't make the thing bad or illegal, as long as you know that what you are doing isn't illegal and won't harm anyone in the process, then I don't see anything that is wrong with it.

The issue is that most of the government that band and kicks against Bitcoin adoption are just afraid of accepting a system that they won't be in control of.

Some world maps for Bitcoiners (Legality maps).

Very little countries in which Bitcoin is considered illegal and governments in those countries have to ask themselves a serious question. Are they good governments when they are going oppositely with a common trend globally?

Because their opposite regulations than most of rest countries globally, is harmful for their citizens. They are bad governments compare to governments in other countries, in most of the world.

Who cares if you're a "bad citizen", "disobeying the government" or "committing the sin of direct disobedience" if you're just owning something that is definitely in no way unethical/immoral?

Ya'll need to stop licking the boots of your governments.

My government didn't ban Bitcoin and I obviously don't care what laws do other countries have since they don't apply to me. But if my country outlawed Bitcoin, I still wouldn't care. I'm guided by my moral principles and not the laws, if I don't agree with a law then it must be a stupid law.

If your country is among those who are not bitcoin-lovers and have banded anything that has to do with bitcoin, you yourselves don't need to be in this forum for the first place, and secondly, if you have any of those who their country has banned bitcoin in their side and are still buying and investing in them, that's their own choice and believe, and if you are so much concern about what it, you can be the persecutor and charge them for their crime, or better still, take them to the law i for enforcement agent and see where the case will lead to
 
Manche countries might not be supporters of bitcoin, but they are banning their citizens from investing in it. Their citizens are allowed to take the risk on their own and the governments have nothing to do with it. And if you are from the country that doesn't want you to get involved with bitcoin and you are a lover of bitcoin, you can either leave the country and stay where you are allowed to do what you want, and when you relocate, are you still falling under the law of your country that deny you the access to own a bitcoin? 

This is so wrong.

If you think that you are not wrong, name the countries bitcoin is not legal and let us discuss about it and you will see how you are very wrong. Bitcoin is illegal in just few countries.

I am quite sure that you will not have up to 15 countries among the 195 countries in the world.

Nope. If it's about Bitcoin then I am not disobeying them because I am in a country where it is completely legal and free, so I have no problem thinking about that.

Since there is no restriction, therefore that I am not breaking the law and I am not a violator per se.

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I have a question for you OP, you may or may not answer it. If someone from a country that has restricted Bitcoin and he's a member of the forum and had an account, is he a violator already since he's on a Bitcoin forum? The government will have an approach towards it for sure.

And who says Government right about everything?

Back in the day when Governments looked at slave trade and slavery as something very normal. Would have imagined that they believe it was right and trying to resist slavery was a crime and punishable? Today, the historical resistors of slavery and looked at as heroes.  Now, relate that to the use of Bitcoin today, and you will have the answer.

Hey OP, have you heard of civil disobedience? According to Britannica, civil disobedience is the refusal to obey the demands or commands of a government or occupying power without resorting to violence or active measures of opposition. Why is the government telling me not to buy Bitcoin when I know that Bitcoin represents freedom, and holding onto their fiat is economic and financial bondage? I want to be free, and because I don't want to resort to violence, I simply disobey them.

Well, no one be will answer this question and why would anyone admit they are involved in illegal practices as per their government norms? Majority of countries have not banned Bitcoin and it's neither legal nor illegal and some countries don't have problems with it unless it affects their citizens in a negative way like some major scams or terror funding or money laundering. I don't think we should term people of committing sins just because they are going against their government when government just wants to control your financial freedom.

Are these questions you expect people to answer on a public forum?

- Jay -