Pages:
Author

Topic: If Bitcoin was made illegal by your government would you still use it? - page 10. (Read 16833 times)

legendary
Activity: 1358
Merit: 1014
If you stop using bitcoin because government scares you away from using it, then you are responsible of killing bitcoin. People should stay strong, otherwise you are attacking btc as a side effect.
legendary
Activity: 1638
Merit: 1046
Bitcoin in my country is legal for some product like electricity, phone bill but for other products is prohibited. However, many people use bitcoin for transaction that is not public because it is difficult to trace. In indonesia the legal currency is Rupiah. Using bitcoin for such products is not ilegal but for others I have never tried.

I guess it is not illegal in your country for anything but it is just not accepted for buying those stuff as there are not much places accepting bitcoin in asian countries though there are a lot in european countries.
And i feel no country would ban bitcoin if they come to know about its potential and its use.

Until now, I never find Government passed a law to made bitcoin illegal in their country. There are some regulations about using and tax for bitcoin user but in several country and bitcoin consider as legal thing. In my country states that bitcoin and other virtual currency are not currency or legal payment instrument but we can convert it into fiat money, right? I will still use bitcoin even if it made illegal by gov, but the main problem how to convert it if local exchanger had closed, maybe using another currency to convert my bitcoin.
Many ways to convert it and you can receive it via western union into usd.. and after that you will exchange it again into local currency..
But i think bitcoin should not consider as illegal since we are just use it as alternative currency online..
hero member
Activity: 798
Merit: 506
Bitcoin in my country is legal for some product like electricity, phone bill but for other products is prohibited. However, many people use bitcoin for transaction that is not public because it is difficult to trace. In indonesia the legal currency is Rupiah. Using bitcoin for such products is not ilegal but for others I have never tried.

I guess it is not illegal in your country for anything but it is just not accepted for buying those stuff as there are not much places accepting bitcoin in asian countries though there are a lot in european countries.
And i feel no country would ban bitcoin if they come to know about its potential and its use.

Until now, I never find Government passed a law to made bitcoin illegal in their country. There are some regulations about using and tax for bitcoin user but in several country and bitcoin consider as legal thing. In my country states that bitcoin and other virtual currency are not currency or legal payment instrument but we can convert it into fiat money, right? I will still use bitcoin even if it made illegal by gov, but the main problem how to convert it if local exchanger had closed, maybe using another currency to convert my bitcoin.
hero member
Activity: 910
Merit: 500
Yes.  You can just use vpn or tor powered browser . I know some bitcoin users who still uses bitcoin even tho it is banned from their country.  I think they also use vpn or something.

Well everyone can actually do it. The problem here is that how can you convert your bitcoin earnings into fiat and when you get caught you will surely go to jail which is actually a hell so better safe than sorry.
sr. member
Activity: 812
Merit: 252
Yes.  You can just use vpn or tor powered browser . I know some bitcoin users who still uses bitcoin even tho it is banned from their country.  I think they also use vpn or something.

If my government will ban the Bitcoin and make it illegal I think I will simply try to convert it in fiat currency from my country. For the moment in my Country the Bitcoin will not be banned Smiley

This technology is so amazing and the government should invest time to learn it and adopt policies instead to fight against it.
newbie
Activity: 50
Merit: 0
Yes.  You can just use vpn or tor powered browser . I know some bitcoin users who still uses bitcoin even tho it is banned from their country.  I think they also use vpn or something.
legendary
Activity: 1470
Merit: 1001
Use Coinbase Account almosanywhere with Shift card
Yes like there druggies make new versions that are legal until the law catches up we may need to move to new altcoins or till we get to one that is much harder to tell if used.
hero member
Activity: 1806
Merit: 672
Depending on how hard the government tracks down users I might switch to an altcoin.

NAV can synch and stake over tor so no obvious crypto coin traffic can be seen at ISP. Also has anon transfer so even if government searches blockchain they cannot find out address I sent or received NAV from.

If bitcoin is banned in many countries it will just make that altcoin or an even more secure and secretive one be used.
But isn't that Bitcoin being banned by the majority of the countries affect the other altcoins' price in a bad way? Because Bitcoin was the highest and most valuable cryptocurrency out there. Just by being bitcoin banned don't you think other altcoins will be chase by the government next?  It is a high possibility as it would appear the virtual currency is not in favor with the government.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
If Bitcoin was made illegal by your government and the punishment was very bad, would you still use it, would you still openly support it?


actually i am not so sure Smiley
it would be a bit scary for me to continue using bitcoin for sure. but i think it will surely depend on how hard they hypothetically are going to come down on bitcoin.
sr. member
Activity: 714
Merit: 250
If Bitcoin was made illegal by your government and the punishment was very bad, would you still use it, would you still openly support it?

i think better no , but before it happens goverment have to know about bitcoin and benefit of bitcoin
bitcoin can help many community so not supposed to be came it illegal
hero member
Activity: 3220
Merit: 636
DGbet.fun - Crypto Sportsbook
Yes, off course, i will be used if my government announce, but still now nothing bad things is happening in my country.
But Bitcoin is not a illegal thing and currency, If it is illegal currency, than might be it stop in the started when it come, but now bitcoin has spend many years, so it is a poof that bitcoin is not illegal, also bitcoin give us many facilities and benefits, So i can't understand what's the mean of illegal for bitcoin.   

I will do the same too because there are a lot of mixing coin services that we can just use to hide the anonymity of our bitcoin transactions.

And bitcoin is digital so if government will declare bitcoin as illegal, then they must have total control in the internet here in my country.

Because a lot of things can be just hide with the help of web.
full member
Activity: 136
Merit: 100
very honestly yes i will still use it as there are still so many other things that are turned as illegal in our country but still we exercise it, for example gambling is totally illegal in our country but still we play it, therefore i can say that even if my government will turn it as illegal still i will out way for using it.
I too will use it. I would either hold and save it to profit out of exchanging into fiats. When the benefits of bitcoins are read, more and more would benefit from it. I am sure on it. Everyone is looking for earning a bit or more every day. So when it is promised to give profit, I am sure each would at least give a try to it. Hope this is accepted by the government soon. 
sr. member
Activity: 378
Merit: 250
very honestly yes i will still use it as there are still so many other things that are turned as illegal in our country but still we exercise it, for example gambling is totally illegal in our country but still we play it, therefore i can say that even if my government will turn it as illegal still i will out way for using it.
legendary
Activity: 1470
Merit: 1001
Use Coinbase Account almosanywhere with Shift card
Depending on how hard the government tracks down users I might switch to an altcoin.

NAV can synch and stake over tor so no obvious crypto coin traffic can be seen at ISP. Also has anon transfer so even if government searches blockchain they cannot find out address I sent or received NAV from.

If bitcoin is banned in many countries it will just make that altcoin or an even more secure and secretive one be used.
hero member
Activity: 1134
Merit: 517

Did you even read? Just because there's a table doesn't mean that it is the list of countries banned bitcoin. If you actually read it, you'll notice that it just says that "status" of bitcoin in those countries. There are countries that has banned bitcoins but bitcoin is still being sold in their country (i.e. Taiwan) . I guess from that we can conclude that even if bitcoin gets banned in your country, you can still actually use it. Most countries just say that it's an unregulated money.
No country is really out to declare that bitcoin is illegal, because they know that would further give credence to it, take a look at what is now going on in China and Russia, instead of going under, bitcoin is now taking center stage in these two countries. The fact, is that the authorities are bothered about the decentralized nature of the cryptocurrencies, because it starves them of the power and control of people's finances, they have been used to and you don't have to be told why that is a source of worry for them.
hero member
Activity: 966
Merit: 506
Yes, off course, i will be used if my government announce, but still now nothing bad things is happening in my country.
But Bitcoin is not a illegal thing and currency, If it is illegal currency, than might be it stop in the started when it come, but now bitcoin has spend many years, so it is a poof that bitcoin is not illegal, also bitcoin give us many facilities and benefits, So i can't understand what's the mean of illegal for bitcoin.   
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
It's a payment system not an addictive drug or a sexual orientation.

If debit cards were illegal would you still use them?  No

If writing checks was illegal would you still write checks?  No

If credit cards were illegal would you still use them?  No

If PayPal was illegal would you still use PayPal?  No


Having your money tied up in an illegal payment system that's subject to government confiscation is beyond stupid. It would be more intelligent to wipe your ass with your money and flush it down the toilet. If you flush your money at least you avoid the prison sentence.
hero member
Activity: 672
Merit: 500
If Bitcoin was made illegal by your government and the punishment was very bad, would you still use it, would you still openly support it?

If Bitcoin Really  Made Illegal By My Government Of India Then I Don't Use It Because I Dont Want to Get Punished For Using Bitcoin And Then I Start Using Other Altcoins If Possible to Use in My Country Because You Only Said About Bitcoin....


Yeah good option dude, it is your way to decide don't use bitcoin anymore after your government made illegal by using bitcoin.
But you forget something about one of bitcoin's features. Bitcoin is an anonymous coin that it is hard to identify the real one who using it .
But i don't know if there is the way to search trace who using it personally.
hero member
Activity: 672
Merit: 503
Would have to be careful with it, or stop using it. But if i had a lot of bitcoin i would just move to a better country that didn't ban it.

Why would you stop using it? if you stop using it then you are falling for their fear and that is what the want, just put fear on people's mind to stop it. Because they can't do nothing else. What are they going to do? they can't stop a decentralized system unless they shut down the internet.
full member
Activity: 210
Merit: 100
Yes i have to recover my losses that i had faced in bitcoin. And also I can't leave bitcoin a at the middle I have to stop my faucets and other free bitcoin earning sources like in eobot because money would still come in my wallet and i could bit use it and it would be waste of money that I don't want.
Pages:
Jump to: