I m from india and unfortunately bitcoin is banned here. but people still use it here. may be if bitcoin was advertised well in here and if many people started using it then the government would approve bitcoin here.
How government do banning bitcoin there? Just block the bitcoin website or forbid you to do transaction with bitcoin? And how could you get access to bitcointalk?
I'm so curious about bitcoin development in other country. But, I think government will never accept bitcoin and if they do, you must pay the tax for that.
transactions are not allowed here by bitcoins. like if we use bitcoin for bank transactions then they will ban our bank account .
Bitcoin is not legal in India so it is not possible to transfer bitcoin directly to your bank account.. u have to use exchange services to transfer bitcoin to your bank ... u can use paypal or wire transfer or unocoin or localbitcoinslocalbitcoins
then don't exchange them, use them directly to buy stuff, use services like all4btc, btc is not really meant to be dumped for everything you want to do with it
any ban is easy avoidable, you need to play your cards well
one thing i want to ask, besides bitcoin they banned all the other crypto as well? and if the answer is yes, how cna they know about future crypto? what if i create a new crypto that they don't know and i use that to buy stuff?
None of cryptos are ban in india, they are just not legal... people can use,do mining,develope their own cryptos on their own risk