Topic: My country banned bitcoin. What I can do ? - page 15. (Read 4003 times)
I think there's nothing wrong with saving a bit of bitcoin or other cryto because now it's a good price to buy, even though your country is currently illegally bitcoin, but it's possible if more and more countries are using bitcoin, maybe your country will also legalize bitcoin
my country forbids the use of bitcoin, I can not do anything because I am only the people who cannot have power, I prefer to keep trading by paying attention to what effect may appear after government banning bitcoin, but this can also be a thing good if we want to buy, because when the government to ban it there will be a correction of price reduction
In my country, The central bank and monetary authority have announced that bitcoin is ilegal payment instrument. People can buy and hold bitcoin but any risks that may occur will be their own responsibility. Bitcoin is high risk and high profit and it is not regulated by the government. So in this case people must be carefully in joining this bitcoin business or projects. And the government start to arrange regulation about bitcoin and any crypto. Its all about tax.
Government has an important role in economic progress, in case you have nothing wrong, you have to adapt because you do not have the policy and authority to legalize bitcoin.
Immigration can be your way out.
Immigration can be your way out.
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.
My country Bangladesh.
Apologies if this is not the right place to discuss.
Thanks in advance.
I think you should study first why is it illegal then find a site commonly an underground that moderate these Cryptos continuously.
just relax in my country bitcoin still illegal too, because the price is too high to make the government do not accept bitcoin, because it is feared weaken the selling price of my own country currency,
but gradually the government has begun to respond positively to bitcoin because it greatly reduces unemployment in my country. so stay calm all need a process
but gradually the government has begun to respond positively to bitcoin because it greatly reduces unemployment in my country. so stay calm all need a process
I am sure this ban was temporary.
Because price of btc now low, need to wait now.
tomorow when price going up ban also will be canceled
Because price of btc now low, need to wait now.
tomorow when price going up ban also will be canceled
Yes, it is possible. But some countries have seriously decided to get rid of cryptocurrency and do everything to carry out their plan. On this, perhaps, some countries will never change their decision to abolish the cryptocurrency.
you are lucky if the country that you had been living for are making special treat on this currency and never be taking to banned it for , on the other hand as you are experiencing other treat on it you have to be more careful and think other way just to continue for you of using this currency.
This is the same story of my country too.. If you wanna invest in crypto you can use many crypto exchanges which are providing service without restrictions. Like binance you can trade in binance without any restrictions as much as i know.
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.
Suppose from today the government declares Bitcoins as illegal in your country then any kinds of exchange of Bitcoin become illegal. All trading platform and companies have to be shut down within given time by the government.My country Bangladesh.
Apologies if this is not the right place to discuss.
Thanks in advance.
But before taking any legal step towards banning bitcoin. The government will definitely consider the loss of investor and companies. To recover the loss, the government will provide some ultimatum to trading companies to return users investment and make an exit from the market.
https://www.reddit.com/r/BitcoinBeginners/comments/7t5asg/what_will_happen_if_your_country_bans_bitcoin/#thing_t1_dta43d9
Nothing you can do but just wait till the ban is lifted. But you can still use your coins for online transaction. you can;t use it in shops in your country. And no merchants are allowed in your country,. The use of your btc will only just be limited.
And how about moving to another country? Then it will be possible to use Bitcoin without restrictions.
I am sure this ban was temporary.
Because price of btc now low, need to wait now.
tomorow when price going up ban also will be canceled
Because price of btc now low, need to wait now.
tomorow when price going up ban also will be canceled
Yes, it is possible. But some countries have seriously decided to get rid of cryptocurrency and do everything to carry out their plan. On this, perhaps, some countries will never change their decision to abolish the cryptocurrency.
I think that this is a temporary phenomenon, because now every state is thinking how to work properly with this market, since this is a new turn of the era, and to think of the right settlement it takes time, I think that literally in the near future the government will change its opinion
sometimes countries is so strict on bitcoin because of a lot of scammers take advantage and cheat the people by implementing the ponzi schemes to cheat innocent people that's why sometimes countries ban bitcoin or ban usage of selling or buying strictly to avoid anti money laundering else people cheat and scam a lot of money to government also.
For me, its better to follow the law of your country, so maybe its good to sell your bitcoin and convert it to real money and build your own business in real world and stop dreaming to support crypto currency anymore, if dont want to put in the jail, but its depends in your decision its only my opinion.
You can move to a country that allows bitcoin and cryptocurrency you can work with bitcoin and you can also work on your place but you have to hide using
Hello my friend, if you are really attached to Bitcoin and not bad at making money, then there is a way to move to another country, where the state effectively supports this policy and the development of this infostructure
you can exchange from any other country
I think you can still earn btc secretly just by trading anonymously which is by not doing KYC and transfer your profits only in your offline or online wallet or the hardware one. You don't have to exchange it at this moment and just keep saving a lot of them. Once you are satisfied with the value, go to a country where bitcoin is legal and encash all of it in one time.
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.
I am sad that bitcoin was banned in your country but I think you can still continue to work with bitcoin as long as you are careful and you can transfer your btc in another wallet. I am glad that our government did not do it but for sure we will always make ways to still be here and support bitcoin. My country Bangladesh.
Apologies if this is not the right place to discuss.
Thanks in advance.
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