How can a goverment trace you have BTC? - page 9.

Peashooter

sr. member

Activity: 868

Merit: 257

Quote from: LinkinPrak on May 14, 2018, 07:44:42 PM

You have no right to be punished, if you are punished because you have bitcoin, then you should ask them, "If I have bitcoin, what is the negative impact on this country (venezuela)?
surely they will be confused. Is the bitcoin in venezuela banned 100% (although only have it)

Defense your self cause you are not criminal you are only bitcoin user .There's no right to punished you. I think your fellow mens are not open minded in this kind of business.

btcdarkfanboi

newbie

Activity: 76

Merit: 0

no they can't all transaction are anonymous that's why it's a good thing to be decentralized. the only way they can track you is if you put your information in any site like using kyc. But i think banned means it's only prohibited to use it not to hold or have any of crypto

GizmoCoinTEAM

member

Activity: 188

Merit: 10

I think no one can trace you have BTC or other cryptocurrencies. If you keep secret your wallets then police can't arrest you if they check your smartphone too. So, I think you should keep secret your crypto software, you may use incognito mode of a browser, make your browser cookies clear too. Always be careful about it.

Markettoken

newbie

Activity: 84

Merit: 0

I don't really know about that, which I know that the government does have to track for the sake of the country, I'm sure it's very easy

RomanPetrush

full member

Activity: 630

Merit: 123

Join @Bountycloud for the best bounties!

Banks will start to work with crypto. So they will require KYC verification for opening a bank account with crypto. So.. they will track your adress easy.

madlex

jr. member

Activity: 168

Merit: 2

Government can't know if you have Bitcoin or not because your details are not reveals to anyone. This is one of the reason many government of different countries are against it.

mcculum0010

member

Activity: 109

Merit: 10

Quote from: fernandoaleixo on May 14, 2018, 04:05:17 PM

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 don't think this is possible because everybody can use proxy servers and all kinds of anonymizers, so eventually nobody would not know that this is you, I'm thinking that it is possible to be involved.

ATM9807

newbie

Activity: 112

Merit: 0

Without Making any transaction online I dont think that is possible, most online transactions with bitcoin i.e an exchange will ask you to do kyc and that is one of the way government find out about you when they trace it.

ubeng07

full member

Activity: 364

Merit: 100

Quote from: Hasbro27 on August 12, 2018, 01:47:26 PM

the government can't catch you because you have some bitcoin, unless you commit a crime, even though in your country bitcoin is not legal but that is no reason to arrest someone unless you violate the law in your country. I think having bitcoin is not a crime

Well this was true i have never seen that government trace for someone that had been trace on the person who own bitcoin and who are behind that cause you can have the security by your own to made for so how is this possible to be.? Well it may depends on you on how are you going to be more careful on.

denzkilim

full member

Activity: 1218

Merit: 105

Quote from: Rozita on August 12, 2018, 12:58:20 PM

The government can track BTC owners through KYC because at KYC we are asked to state your identity and photos clearly, besides that through government exchanges can also track BTC owners.

But in countries that Bitcoin or the usage of crypto currencies are banned how will people do KYC? lol. They will not track people with KYC bro they'll use a different method of tracking people from their country.

Quote from: anehh on August 12, 2018, 12:43:44 PM

But people can make peer to peer transactions easily. In this way, identities won't be disclosed. The owners of wallets are always unknown. Even if you withdraw your coins from an exchange to your personal wallet, it doesn't mean you are the owner of that wallet. You might pay to another person.

Even without KYC "Know Your Customer" thing, governments can still track a person if he/she is using crypto currencies by data traffic, with this method they can track what website do you browse on your computer or on your mobile devices and if they tracked that you are browsing a wallet website or you are downloading a desktop wallet they might probably detect you that you are using crypto currencies. The government can do anything if they want to because they got all the funds that they needed if they want to trace certain people that are doing illegal activities in their respective countries. Cool

Rojer1928

newbie

Activity: 81

Merit: 0

Bitcoin is decentralized and there is no way possible to track your transactions / info and is easy for the government, but if they hack you, it is a violation of privacy. and you must use VPN and not use the original address.
in that way you are safer and more energetic, you have to use a very good and safe VPN ...

Hasbro27

full member

Activity: 378

Merit: 100

the government can't catch you because you have some bitcoin, unless you commit a crime, even though in your country bitcoin is not legal but that is no reason to arrest someone unless you violate the law in your country. I think having bitcoin is not a crime

Ibrahim1337

newbie

Activity: 21

Merit: 0

you should use vpn and do not use real address.
that way you safe...

rumexx

full member

Activity: 476

Merit: 100

Bitcoin are decentralized and nobody will trace anybody if you deal on P2P. It is only when you buy bitcoin from an exchange where you have done KYC that is when you can be traced through those exchanges because they have your record and proof of address. So try to get your bitcoin through some you know but no KYC involved.

krishnaverma

full member

Activity: 1470

Merit: 108

This can be done with the help of bitcoin exchanges or banks. To buy any crypto, you will have to first add money to the exchange and then buy crypto with it. It is possible to trace this with the help of both the parties involved in the process. Now, some people try to hide origin by routing the money through platforms like skrill.

nangiarushali

copper member

Activity: 257

Merit: 2

Now , the technology have been very much advanced . Just your IP address is enough to know all your online activities.So is the case with Cryptocurrency you own.

Rozita

full member

Activity: 658

Merit: 108

Quote from: anehh on August 12, 2018, 12:43:44 PM

The government can track BTC owners through KYC because at KYC we are asked to state your identity and photos clearly, besides that through government exchanges can also track BTC owners.

But people can make peer to peer transactions easily. In this way, identities won't be disclosed. The owners of wallets are always unknown. Even if you withdraw your coins from an exchange to your personal wallet, it doesn't mean you are the owner of that wallet. You might pay to another person.

CryptoSmile

full member

Activity: 770

Merit: 102

The government will not be able to track down the actual BTC owner, because in the process of making an account or ownership of BTC we do not have to use an actual identity and indeed it is also anonymous.

pedropenduko001

newbie

Activity: 85

Merit: 0

I think we can't be able to track down because of the process of making an account it doesn't need any actual identity and all of transaction are anonymous, unless you show your identity some how like through kyc or something

anehh

sr. member

Activity: 600

Merit: 250

The government can track BTC owners through KYC because at KYC we are asked to state your identity and photos clearly, besides that through government exchanges can also track BTC owners.

Topic: How can a goverment trace you have BTC? - page 9. (Read 4077 times)