Topic: How can a goverment trace you have BTC? - page 21. (Read 4077 times)
The government can track your wallet, determine your IP address, and then you will be able to find you by knowing your location and your identity. This requires a certain amount of time and technology. If you are just an ordinary transaction, the government has no reason to ask you for trouble, but if it is illegal illegal transactions, the government will certainly trace it.
the goverment can't trace your bitcoin except you use an exchange that requires identity verification like kyc, they can track your bitcoin
Bitcoin transactions and identity are all anonymous. The government can trace you if you use a local wallet to transfer or transact money within the local sovereignity. so it's very hard to find who is the owner of bitcoin. because bitcoin has an anonymous nature.
Why are you so worried about that? if you have not did anything wrong, then there is nothing that you need to be worried about this, because they are not going to trace a dummie. So better to be quiet about this situation, if you are innocent, of course.
How can the government discover I own BTC, let's say I'm from Venezuela where crypto is banned, what they can do to discover and arrest me?
I dont think its that simple for them to find you out, the whole concept of bitcoin is focusing on decentrilization, meaning there is no middle men to record your identity in your transactions, bitcoin provides anonymity of each users, cracking it down is very impossible
If government is not able to track bitcoin then the government has no basis to legalize the cryptocurrency. They are not allowing this is one of the reason. One can track through KYC norms and details can be taken from exchanges.
How can the government discover I own BTC, let's say I'm from Venezuela where crypto is banned, what they can do to discover and arrest me?
Yeah maybe they will know you have btc but they can never know your identity. The good thing about bitcoin is you can stay anonymous just be careful of exposing your identity when handling bitcoin though.
Bitcoin ownership can not be checked by anyone as long as you keep it a secret.Many way they can know about bitcoin transaction but government still banned bitcoin.So, there is a high guarantee that the govenrnment cannot trace all of us Bitcoin users.
How can the government discover I own BTC, let's say I'm from Venezuela where crypto is banned, what they can do to discover and arrest me?
The only way they can make a connection with you is through the exchange, because if you deposit fiat money than the exchange knows it's you, and can give those info to the government. Otherwise a only crypto exchange has no way to know who you are. 
Perhaps the government can track BTC when banks use btc as proof of their transactions may be new government can track the existence of btc maybe that's the only way to be able to track the existence of btc
I dont think so. because we know everyone can create as many addresses as they want in their wallet right?. so even though the government knows one's address they have. but they will not be able to trace at another address because bitcoin is anonymous.
There are a lot of ways that the government can trace you if you have BTC because the government has almost have all the resources. If they are really eager to trace you if you have BTC they will go with the government agencies which are searching or responsible with the modernization or with the technologies. We all know the BTC is connected with the internet which we can say that it can be easily trace especially if we have a weak protection with our accounts in the web. Well if your government allows you to use BTC you don’t need to worry of it because BTC is not an illegal thing.
How can the government discover I own BTC, let's say I'm from Venezuela where crypto is banned, what they can do to discover and arrest me?
By tracking some bitcoin addresses that are still active in their country it's easy. Because now it's easy to track IPs someone is who used bitcoins. And in the end you will be caught because you also already know that bitcoin is banned in your country.
The government can now track down bitcoin users by looking at KYC data from an exchanger, but that's a difficult thing to do because the exchangers are very strict about maintaining the privacy of their users.
first and foremost, the Bitcoin is a decentralize which also has a peer to peer transactions. Unless you say it yourself to the crowd that you are a Bitcoin user.
Prevent selling your Bitcoins locally (Inside your country), and use anonymous exchangers to sell them.
If you need Cash, you have to exchange to another online currency so you can sell it locally if you want, or using MoneyGram etc.
If you need Cash, you have to exchange to another online currency so you can sell it locally if you want, or using MoneyGram etc.
How can the government discover I own BTC, let's say I'm from Venezuela where crypto is banned, what they can do to discover and arrest me?
How can bitcoin be traced? Bitcoin's privacy properties are a kind of paradox: Every Bitcoin transaction that occurs in the entire payment network is recorded in the "blockchain," Bitcoin's decentralized mechanism for tracking who has what coins when, and preventing fraud and counterfeiting. Can you be taxed in bitcoin? Bitcoin Are Not Money for Tax Purposes. Although Bitcoin can be used like money, they are not considered to be money (legal tender) by the IRS or any other country. Instead, they are personal property, much like gold or corporate stock. ... IRS Form 8949 is used to report capital losses and capital gains. So dont worry if government traced you.
I think the government may find that you have Bitcoin or not. We will use our PC whenever we will make Bitcoin's transition. And the government can trace us from the IP address of our PC.
Bitcoin uses cryptographic technology and this makes it near impossible to track its tracks. Bitcoin wallets are not tied to the identity of anybody neither is it tied to a particluar location. So this alone will guarantee maximum anonymity and more privacy.
Algernatively, you can move to coins that have more privacy like Dash, Verge, Monero, Pivx etc. These coins guarantee more privacy and they are not traceable.
Algernatively, you can move to coins that have more privacy like Dash, Verge, Monero, Pivx etc. These coins guarantee more privacy and they are not traceable.
Maybe it is very impossible for me if the government can track btc because bitcoin can not leave a trace a bit so I think it is very impossible for the government to track btc even bitcoin diguankan by banks and banks also store evidence of transactions because btc will not be able to in track with anything
How can the government discover I own BTC, let's say I'm from Venezuela where crypto is banned, what they can do to discover and arrest me?
By tracking some bitcoin addresses that are still active in their country it's easy. Because now it's easy to track IPs someone is who used bitcoins. And in the end you will be caught because you also already know that bitcoin is banned in your country.
IPs address can be tracked by government and our bitcoin transaction can be trace. And if government can not identify the owner, government can make regulation to their citizen to report their ownership.
Government have power on our life and if used for illegal activity its very easy for government to track it down
How can the government discover I own BTC, let's say I'm from Venezuela where crypto is banned, what they can do to discover and arrest me?
By tracking some bitcoin addresses that are still active in their country it's easy. Because now it's easy to track IPs someone is who used bitcoins. And in the end you will be caught because you also already know that bitcoin is banned in your country.
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