My country banned bitcoin. What I can do ? - page 13.

boranes

sr. member

Activity: 644

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Quote from: smartemo on July 13, 2018, 07:05:24 AM

My country banned this system because cryptocurrencies have no control by government. I think this system is unique system for all and civilian have control full of freedom.

But why bitcoin is helping economy in many ways, first you pay tax and filling your country's pocket and second when you exchange bitcoin to money you spend that money and again you pay fees.
Without bitcoin you will spend less money and your country will receive less tax, stores will receive less money and it is all connected to each other.
I really don't see any good reason to ban bitcoin.

Bakugan

member

Activity: 260

Merit: 28

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Quote from: Farhan786 on May 20, 2018, 02:30:16 PM

I love bitcoin and cryptocurrencies. I feel more comfortable doing so and will do whatever that I can to support it. Now tell me how can I work with Bitcoin and cryptocurrencies? Although it is illegal in my country.

My country Bangladesh.

Apologies if this is not the right place to discuss.
Thanks in advance.

You need to know the reason why your government banned bitcoin , in that way you will realize what you need to do. Dont you dare disobey the laws in your country ,we all know that its hard to accept but you can think of many ways so that you can be able to work in bitcoin.

cryptoalfs76

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Quote from: Farhan786 on May 20, 2018, 02:30:16 PM

I love bitcoin and cryptocurrencies. I feel more comfortable doing so and will do whatever that I can to support it. Now tell me how can I work with Bitcoin and cryptocurrencies? Although it is illegal in my country.

My country Bangladesh.

Apologies if this is not the right place to discuss.
Thanks in advance.

Definetly in that's situation,its hard to contradict because maybe the government of your country could monitor those who make a law abiding into your country and make you sentence of imprisonment,or maybe they can control the i.p address of your internet connection and make stop or block the connection when you using the internet when you participate in cryptocurrency investment,otherwise this is only speculation,but if you find out thats theres no strict compliance about cryptocurrency in your country,then you must continue to support and goal in digital currency system.

megatrix

member

Activity: 217

Merit: 22

Well I think what you need to do is to know your governmenst's reasons as to why the banned Bitcoin in your country in the first place. Understanding it would help you make your next move, if you are going to stay and abide of course, or you can also move to a different country where in you can free use your Bitcoins. I know that you are thinking of certain ways to still use it even though it is banned in your country but my suggestion is not to, do not dare, disobey your country's law just for the sake of using Bitcoin, don't fight a losing battle, stay safe and move instead.

alkiw21

full member

Activity: 344

Merit: 100

If your country prohibits bitcoin you do not have to worry. You can still store bitcoin and also stick with bitcoin. Because bitcoin will still exist and will not be controlled by anyone. So do not worry if your country prohibits bitcoin. You can still access it I think.

SezerC

member

Activity: 112

Merit: 10

You can do investment or trading with bitcoin in online. When you get profit you can convert in your legal currency

BestW1shes

newbie

Activity: 48

Merit: 0

Use VPN for access to the exchange and trade bitcoin

phosphine

newbie

Activity: 45

Merit: 0

Talk some sense to the authorities but first, listen to their side about why did they banned the bitcoin in your country. After that explain your side, world of cryptcurrency and the compromise.

wallstone

sr. member

Activity: 532

Merit: 250

Quote from: Farhan786 on May 20, 2018, 02:30:16 PM

I love bitcoin and cryptocurrencies. I feel more comfortable doing so and will do whatever that I can to support it. Now tell me how can I work with Bitcoin and cryptocurrencies? Although it is illegal in my country.

My country Bangladesh.

Apologies if this is not the right place to discuss.
Thanks in advance.

If you are country already banned bitcoin the first thing that you need to do is know why they banned it and why they against it. In addition to that, once they banned it you must have alternative way to use your bitcoin and cryptocurrencies. Lastly, you can simply transfer from another country if your country totally banned bitcoin.

cuteness

jr. member

Activity: 204

Merit: 1

follow the law first, and ask for help in cryptolovers there. Then you have a quiet conversation with the government to have a deal with legalize bitcoin.

smartemo

newbie

Activity: 24

Merit: 0

My country banned this system because cryptocurrencies have no control by government. I think this system is unique system for all and civilian have control full of freedom.

BitRentXx

newbie

Activity: 140

Merit: 0

Quote from: Wahyud11 on May 20, 2018, 03:02:21 PM

See why bitcoin is prohibited
if it is prohibited for reasons that could harm the country
then I will abide by the rules of government, but if bitcoin benefit the country but bitcoin is prohibited I clearly disagree

really, there must be a really good reason for that.
because the government can not arbitrarily issue a policy without being based on a strong basis. as long as it does not harm the state it is not necessary to do.

Ryanpaul80

newbie

Activity: 294

Merit: 0

Theres some country prohibits the use of bitcoin because they use it for illegal transactions. If your country banned it, you can wait until your country terminate the banning of bitcoin.

raden1922

jr. member

Activity: 294

Merit: 1

Colletrix-Bridging the Physical and Virtual Worlds

personally I am concerned about banning bitcoin in your country. maybe also other friends also have menglami same thing. I do not think it should be a culprit in jumping deeper bitcoin. be patient, there will be the best way out. Keep the spirit.

cyriljundos

member

Activity: 432

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Bitfresh - iGaming with 90s UI

my opinion about banning my country bitcoin i am pleading in our government that they need to make a bitcoin even for a short while and so they know what bitcoin is really bad or not if they can help them

Harah

newbie

Activity: 37

Merit: 0

I think you need to know and learn the reason why it is banned in your country.And i think you need first to obey in your governments rule.But if you really believe and eager to continue and do bitcoin the safe thing you do is go to the place where bitcoin is very open to all.

Escan0r

member

Activity: 224

Merit: 10

You just hope that the government thwarts the ban on using bitcoin in your country. Because if you still use bitcoin when you already know that your country forbid it you can be in jail. Because there is nothing else you can do, unless you want to move a country that receives bitcoin.

MiukoOk

newbie

Activity: 168

Merit: 0

You should not worry, there are a lot of people who have hired virtual machines to transact BTCs on virtual machines. That is why many people still do not care that their government bans the BTC.

Sijan677

newbie

Activity: 27

Merit: 0

first of all you have to know why your country ban bitcoin then try to avoid them . My opinion is try to use paid vpn where your main ip will be hidden and you fully anonymous. dont't do kyc for any exchange or ico .

bluemoon84

newbie

Activity: 42

Merit: 0

They might restrict it to set laws. If it is for setting laws you should wait till the approval of transaction by following the laws.That is not fair and you shoud just hide them. Don't forget that even the US, at some point in their history, ordered their citizens to give away all their gold to the state. Not much they could do, since it's hard to hide gold, but that is not the same with BTC.

Topic: My country banned bitcoin. What I can do ? - page 13. (Read 4003 times)