bitcoin is a crypto currency, so even if your country prohibits crypto, I'm sure your country won't be able to catch you, because you won't know you have crypto at this time. so just relax don't be afraid!
It really does not matter if he has or has not crypto at any particular moment. If the use of crypto is prohibited and they have the CCTV footage or IP addresses linking him to a transaction or possessing of crypto at any particular time, he may be subjected to those unfair laws anyway. So it is better to be safe than sorry. Be careful man. 
Topic: How can a goverment trace you have BTC? - page 4. (Read 4077 times)
bitcoin is a crypto currency, so even if your country prohibits crypto, I'm sure your country won't be able to catch you, because you won't know you have crypto at this time. so just relax don't be afraid!
Maybe the government can request data from local crypto Exchangers in their country. Of course, the government must have the right to access it.
Even though bitcoin is a decentralized system but still at this time holders are traceable if they will convert their bitcoin into fiat since the wallet like coins.ph in the Philippines is authenticated and have standard KYC but if only there are lot of establishment accept bitcoin then I think there is no need to convert bitcoin and directly use it and in that way government can't trace that we have bitcoin. 
Maybe the government can request data from local crypto Exchangers in their country. Of course, the government must have the right to access it.
the government will not be able to track it because it has been properly stored using a wallet made by famous people and the government can only trace the smallest part of this we must be careful.
It will be difficult to trace that you have bitcoin because there is no identity of the owner of the bitcoin address. and that is why the government is against bitcoin because of its anonimyty
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?
There is a possibility that government can trace your BTC if ever they will enter your wallet. But I do not think it will happen because if they make that, they violate your rights to property. However, I don't think they can trace your BTC because transaction in a blockchain is anonymous and no one can detect where your transaction goes on.
I don't think these will be possible with your cryptocurrency wallet since you did not submit any identification while you created it but the use of cryptocurrency exchanges can make this possible because so many of the exchanges require you to fulfill KYC before you can use them.
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 first thing that came up to my mind is when government will accept Bitcoin for every person would be dedicated some kind of Bitcoin wallet personal, and everybody will know that this wallet is yours. 
actually who is trading with bitcoin can be known only with a set of computer equipment and software, they can also be traced whether they are carrying out joint transactions or individual transactions, including whether using a pseudonym or real name.
The bitcoin system is not managed by the central government, but can be tracked by the government who participates in transactions in bitcoin.
The bitcoin system is not managed by the central government, but can be tracked by the government who participates in transactions in bitcoin.
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?
Government can trace your bitcoin if you had submitted your personal details to the government and stating that you owned bitcoin. With that declaration the government may impose taxes for every transactions that we are about to make.
I think government can't trace you, because it is a digital currency. That's why many bad people used in eligal transaction, it is an anonymous.
It is difficult to trace that you have a bitcoin. Unless government can discover or make a machine than can detect bitcoin or bitcoin detector.
This is why bitcoin isn't exactly "decentralized" unless these companies are gone. We are in need of them, at the moment.
For us to be actually "anonymous", there are only two ways. One is to have a new website where people just do P2P transactions that has a large community and scams are being moderated. Second, commodities are finally being sold in exchange of bitcoins so you don't have to exchange your bitcoins into fiat before you can use it.
The government simply track our bitcoin wallet and if we register our account when entering or verifying with our original address and photo because bitcoin with Blockchain technology has a decentralized system. there is a lot of ways that they can track especially if you put your address or your profile, just hide your identity bitcoin is decentralized so they can't track your transactions.
I think it depends how you put informations about yourself, there is a lot of ways that they can track especially if you put your address or your profile, just hide your identity bitcoin is decentralized so they can't track your transactions. But i will give you an example bitcoin wallet is pseudo-anonymous, not anonymous.
If Alice sends a transaction to Bob, and Bob knows Alice was the sender, then Bob will also be able to see all transactions that Alice makes from her wallet. That's my point so it depends to you now, on what will you do if that's the case.
If Alice sends a transaction to Bob, and Bob knows Alice was the sender, then Bob will also be able to see all transactions that Alice makes from her wallet. That's my point so it depends to you now, on what will you do if that's the case.
Once the weak hands are gone and that newbies are not investing anymore because they are afraid, real investors who know Bitcoin will get to have a huge advantage. They can invest their entire fortune into BTC and hold until it finally returns to a bullish trend, but the fact is that very few people want to risk absolutely all of their money like that. A lot of the people that sell Bitcoin now are simply selling their weekly/daily earnings whilst you can be sure they still have a fair stash of it locked away for a rainy day.
If government know about your bitcoin address then they can check easily only your all transaction of bitcoin transfer by the blockchain.info, but they can not do any thing with the account address. And with the bitcoin wallet address they can not identify the name of owner, because bitcoin address does not mention any name,address, or country of owner.
I think the only way is to track the IP address behind every bitcoin transaction. As far as I know bitcoin does not protect the user's IP address. This can be linked to the user's transaction in real time
I don't government can trace peoples who have Btc even if they send payment they can't really trace you cause one of the features of BTC is to have an anonymous transactions this is one of the reason why many businessman wants bitcoin cause they can literally send payments overseas in very fast time and with no tax.
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?
Government identified the user if they totally manipulated of exchanges and wallet providers in every country. If not don't you worry they do not arrest you and you are frelly to use.
Well, in fact, bitcoin is anonymous ... you can not say that it's 100 percent, but with a huge probability no one will track you down. But generally there are currencies that are much better suited for anonymous payments. For example, a monero, it will be much safer in your situation, when the country has forbidden the credit. So think about it.
This is easy because they can track you in the withdrawal of money you make with the country's bank.
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