If Bitcoin was made illegal by your government would you still use it? - page 9.

dothebeats

legendary

Activity: 3542

Merit: 1352

Quote from: South Park on November 12, 2016, 04:22:28 PM

Although it will pain me to do so I will stop to use bitcoin since I will not want to risk jail time since the jails in my county are really a place you don't want to be in.

Well actually, to be honest with you, I'd rather do the things I know that I'd be happy with even if in the end it means jail time rather be a prisoner on this wide world that I'm "free" but being constantly monitored by the fucked up government. Also, why would I care if they made it as an illegal stuff? I mean, it's just a piece of cryptographical masterpiece lol. They are scared of getting dominated by anarchists believing in decentralization.

charmingfreddie

newbie

Activity: 48

Merit: 0

Quote from: Meuh6879 on October 09, 2016, 01:16:41 PM

gov. is corrupt.
bitcoins are legit.

my official bank "too big to fail/jail" close automaticly account when you transfer more than 1/3 of your salary to an identified SEPA linked to an Bitcoin Exchange.

http://imagize[Suspicious link removed]ageshack.us/a/img924/9479/rhjtiC.jpg

The banks still do not realize the paradigm shift taking place. This anonymous stuff is also headed for a showdown.

South Park

hero member

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I am terrible at Fantasy Football!!!

Although it will pain me to do so I will stop to use bitcoin since I will not want to risk jail time since the jails in my county are really a place you don't want to be in.

kryptqnick

legendary

Activity: 3248

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Join the world-leading crypto sportsbook NOW!

It is sad that people choose 'yes' mostly. For me it is very important to follow the rules government sets, I'm Kantian in this way. Kant said that we mustn't lie or violate the rules even if it seems to be not a big deal, because thus we ruin the basement of all the law system. I know it's already too ruined but I prefer to stick to this rule.

MMA

legendary

Activity: 1134

Merit: 1000

Quote from: equator on November 11, 2016, 09:58:16 AM

Quote from: chixka000 on November 11, 2016, 09:45:53 AM

Quote from: Fatanut on November 08, 2016, 11:07:11 AM

Quote from: chixka000 on November 07, 2016, 10:10:57 AM

Quote from: Sanshipo on November 07, 2016, 08:37:50 AM

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.

I don't think the law about bitcoin will be that strong because in the first place, there's no reason for them to ban bitcoins. If getting caught selling bitcoins would put you in jail, I'm pretty sure exchangers are already gone and people would start doing P2P trading instead. They will just look for a trusted bitcoin buyer/sellers in their area that wouldn't report them to the police.

You are right but the thing here is that base on the current exchanger that i am using. Buying and selling is really not that easy because the certain exchanger is also trying to hold on the local regulations. So if they did able to do it then they surely can monitor your transaction and identity as well. Bitcoin law may be weak but when they attached law from your areas then it could become stronger

It is true that each and every country and state have their own law, and in some country still their is no law but still if you use bitcoin you can show as investment or if you are trading then show as short term profit and show in tax law.

yes i am agree with you that for every country they have their own laws and regulation, and still most of the countries has not yet given any statement about bitcoin that either bitcoin is legal currency or illegal currency, and same is the case in my country. but i am hopeful that very soon my country will accept bitcoin as legal currency

Text

hero member

Activity: 2464

Merit: 594

At this moment, I really don't know why should I do if that happens. I can't decide if I will still continue involve in bitcoin or stop it for the sake to be an abiding citizen. But if the law and penalty is hard like imprisonment I will be forced to stop.

equator

legendary

Activity: 1190

Merit: 1002

Quote from: chixka000 on November 11, 2016, 09:45:53 AM

Quote from: Fatanut on November 08, 2016, 11:07:11 AM

Quote from: chixka000 on November 07, 2016, 10:10:57 AM

Quote from: Sanshipo on November 07, 2016, 08:37:50 AM

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.

I don't think the law about bitcoin will be that strong because in the first place, there's no reason for them to ban bitcoins. If getting caught selling bitcoins would put you in jail, I'm pretty sure exchangers are already gone and people would start doing P2P trading instead. They will just look for a trusted bitcoin buyer/sellers in their area that wouldn't report them to the police.

You are right but the thing here is that base on the current exchanger that i am using. Buying and selling is really not that easy because the certain exchanger is also trying to hold on the local regulations. So if they did able to do it then they surely can monitor your transaction and identity as well. Bitcoin law may be weak but when they attached law from your areas then it could become stronger

It is true that each and every country and state have their own law, and in some country still their is no law but still if you use bitcoin you can show as investment or if you are trading then show as short term profit and show in tax law.

chixka000

hero member

Activity: 910

Merit: 500

Quote from: Fatanut on November 08, 2016, 11:07:11 AM

Quote from: chixka000 on November 07, 2016, 10:10:57 AM

Quote from: Sanshipo on November 07, 2016, 08:37:50 AM

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.

I don't think the law about bitcoin will be that strong because in the first place, there's no reason for them to ban bitcoins. If getting caught selling bitcoins would put you in jail, I'm pretty sure exchangers are already gone and people would start doing P2P trading instead. They will just look for a trusted bitcoin buyer/sellers in their area that wouldn't report them to the police.

You are right but the thing here is that base on the current exchanger that i am using. Buying and selling is really not that easy because the certain exchanger is also trying to hold on the local regulations. So if they did able to do it then they surely can monitor your transaction and identity as well. Bitcoin law may be weak but when they attached law from your areas then it could become stronger

piloder

legendary

Activity: 966

Merit: 1006

I will keep on using and storing my money in bitcoin like normal even if our government banned exchange of bitcoin or use of it. With bitcoin we can always remain anonymous while doing bitcoin transactions so why to worry about getting catched using bitcoin, no government can't just banned or shut down whole bitcoin network like other payment gateways.

ariesjia

sr. member

Activity: 406

Merit: 250

Quote from: rababo on November 10, 2016, 08:51:28 AM

I think I'll leave bitcoin for sure. If bitcoin become illegal then using bitcoin can be considered as a crime and that could put me on jail. I don't wanna take a risk for that. Although it's hard to do, but I have to do it.

Majority of users will prefer to quit bitcoins if Government makes it illegal as people would be scared of using it and may feel threat in using it as it can be treated as an criminal offense but even if it gets banned or become illegal I am sure people will find alternatives to earn them and spend them.

rababo

sr. member

Activity: 490

Merit: 250

I think I'll leave bitcoin for sure. If bitcoin become illegal then using bitcoin can be considered as a crime and that could put me on jail. I don't wanna take a risk for that. Although it's hard to do, but I have to do it.

SamMurphy

member

Activity: 107

Merit: 10

Bitcoin unionhead who's neglecting fiat :)

Bitcoin was designed to be anonymous. So yeah I would still use it. I know it's maybe hard to go but I would still use it.

Catlonid

full member

Activity: 190

Merit: 100

Quote from: madwica on November 08, 2016, 03:58:40 PM

For me i do not used it because illegal thing are not tolerable in my country and i do not want to be in jail i want to work fare and i know that doing good make you happy and avoiding illegal make your life much happier.

I think same with you. illegally is like going to jail because illegal is breaking the law same with you want going to jail. and I think if bitcoin illegal, I will retire with bitcoin.

Victorycoin

hero member

Activity: 1134

Merit: 517

Quote from: chixka000 on November 07, 2016, 10:10:57 AM

Quote from: Sanshipo on November 07, 2016, 08:37:50 AM

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.

You will do well to remember that bitcoin was from the word go, designed for peer 2 peer transactions and that is what gives sleepless nights to the authorities. Nonetheless, one can actually remain anonymous all they like, issues on identity only shows up at the point when one becomes fascinated with moving from bitcoin to the fiats. Good news remains that technology is on the side of anyone looking to take financial chains off their neck, That of course, is a choice, though it is unfortunate, some people are so sold to slavery.

madwica

hero member

Activity: 714

Merit: 531

For me i do not used it because illegal thing are not tolerable in my country and i do not want to be in jail i want to work fare and i know that doing good make you happy and avoiding illegal make your life much happier.

_Miracle

hero member

Activity: 912

Merit: 661

Do due diligence

Quote from: Xenophoto on October 30, 2016, 07:18:03 AM

Quote from: 4x4et on October 29, 2016, 03:53:00 AM

Quote from: _Miracle on October 29, 2016, 03:39:29 AM

https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country

wow..I didn't even know that so many countries banned bitcoin...it's crazy

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.

Also, some of those will change (have changed) over time.
At one point it was a big deal that China had banned bitcoin BUT it is obvious that btc businesses were operating (and thriving) during that time.
I suppose I was always under the impression (as an American) that if you were a Chinese citizen you wouldn't risk going against your government.

RobFre

full member

Activity: 172

Merit: 100

I think it will never become illegal but in that case i would immediately stop using it. Bitcoins are not a big part of my life and the risk of fines or even jail would be too big compared to the gins. However I would keep my private key in some safe place in case of expatriation or changes in the laws.

krishna1

sr. member

Activity: 322

Merit: 250

the first think i think about is how the government will find that i use bitcoin or not. well they can check the ip address lacations this i do not think will let them locate me at a correct place. and the second this is i dont really care about government till i am using btc for my personal use like if i buy an toffie why would gov punish me for it

Fatanut

legendary

Activity: 1008

Merit: 1060

Quote from: chixka000 on November 07, 2016, 10:10:57 AM

Quote from: Sanshipo on November 07, 2016, 08:37:50 AM

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.

I don't think the law about bitcoin will be that strong because in the first place, there's no reason for them to ban bitcoins. If getting caught selling bitcoins would put you in jail, I'm pretty sure exchangers are already gone and people would start doing P2P trading instead. They will just look for a trusted bitcoin buyer/sellers in their area that wouldn't report them to the police.

moriskarlov

sr. member

Activity: 546

Merit: 252

I do not want to break the law. But it is my right to invest my own money in what I want. If this does not bring harm to other people.

Topic: If Bitcoin was made illegal by your government would you still use it? - page 9. (Read 16833 times)