Topic: How to deal with India and countries that ban Crypto currencies - page 3. (Read 483 times)
i think tne crpto currencies isnot ban
To be honest but most of them don't want to migrate to another country for the sake of using bitcoin,so is there any other loopholes to still use bitcoin in the banned countries?
Find a trader in your locale and do face to face transactions is one way but it is not possible for everyone to do because India is a big populated country.
Or you can ask one of your trusted person like family or friend to sell and buy bitcoin for you in their country and then move that funds to your wallet this is an easy way and you no need to fly to another country for exchanging bitcoin.
the first thing to do is to take it up with the congress or the equivalent in your country and complain about the wrong decision they have made and voice your disagreement with the new law, unless you live in a dictatorship that is the way to go 
and then if you live in a country with a corrupted government that is trying to screw you (like India) then you continue using bitcoin and give them a middle finger for miserably trying and failing to prevent the escape from their tyranny...
by the way bitcoin is not banned in India yet. but it may be in the future.
and then if you live in a country with a corrupted government that is trying to screw you (like India) then you continue using bitcoin and give them a middle finger for miserably trying and failing to prevent the escape from their tyranny...
by the way bitcoin is not banned in India yet. but it may be in the future.
To be honest but most of them don't want to migrate to another country for the sake of using bitcoin,so is there any other loopholes to still use bitcoin in the banned countries?
Just use localbitcoins and find some reliable trader with whom you can trade bitcoin for local fiat but be careful when choosing your trading partner some from cop might also try to lure you for face to face transaction.Or just fly out of your country like me and enjoy direct exchange of your coin for dollar.
To be honest but most of them don't want to migrate to another country for the sake of using bitcoin,so is there any other loopholes to still use bitcoin in the banned countries?
And as far as I know bitcoin is not banned in India,RBI just released an statement says that stop dealing with the cryptos because in any circumstances but still the status of bitcoin is neutral we can buy and sell the bitcoins in LBC.
And as far as I know bitcoin is not banned in India,RBI just released an statement says that stop dealing with the cryptos because in any circumstances but still the status of bitcoin is neutral we can buy and sell the bitcoins in LBC.
We all know that Bitcoin and other crypto currencies are borderless and also decentralized. When countries ban Bitcoin, they push the technology into the dark underbelly of the black markets and they even increase adoption.
Now we already determined that the Bitcoin technology is borderless and unstoppable, so the next logical thing you should do is to take this technology to the next step in it's evolution.
When some control freaks in NY introduced the controversial BitLicense, people who apposed it, simply relocated their business to Bitcoin-friendly states and continued as usual.
If you are a Bitcoin user and you are not allowed to spend your coins, then move those bitcoins to a country where they are welcome. Take that well deserved holiday of a life time in another Bitcoin friendly country.
You can still receive bitcoins as payment for services, but you cannot convert it to fiat or convert fiat to Bitcoin. 
The governments that ban Bitcoin, should not receive the benefits of this technology. Make sure your bitcoins goes towards the Bitcoin friendly countries that deserve your support. Let them miss out on the taxes and the new job opportunities and the tourism income.
----===== Strength in Numbers =====----
Now we already determined that the Bitcoin technology is borderless and unstoppable, so the next logical thing you should do is to take this technology to the next step in it's evolution.
When some control freaks in NY introduced the controversial BitLicense, people who apposed it, simply relocated their business to Bitcoin-friendly states and continued as usual.
If you are a Bitcoin user and you are not allowed to spend your coins, then move those bitcoins to a country where they are welcome. Take that well deserved holiday of a life time in another Bitcoin friendly country.
You can still receive bitcoins as payment for services, but you cannot convert it to fiat or convert fiat to Bitcoin.
The governments that ban Bitcoin, should not receive the benefits of this technology. Make sure your bitcoins goes towards the Bitcoin friendly countries that deserve your support. Let them miss out on the taxes and the new job opportunities and the tourism income.
----===== Strength in Numbers =====----
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