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Topic: My country banned bitcoin. What I can do ? - page 25. (Read 3994 times)

newbie
Activity: 48
Merit: 0
if the disadvantage for the government of your country should be obeyed but you can to move to another country that legalize bitcoin
And how practical is that? Do you think that immigrating to another country is that easy? And there is no guarantee that this new country will not ban Bitcoin sometime in the future.

Actually it's pretty easy if you have a lot of money either in crypto or in fiat. Money buys everything you need so crypto could be your way out of the country if that's your goal.

Lol you don't need to leave your country because of it? of course you will have more expenses because it is lol. in fact, even if the state forbids bitcoin, you can still use it, because bitcoin undercover, my own country forbids it but I'm still free to use it, all we have to do is wait and hope the government change the rules

I agree, there is no need to leave the country, just use VPN and wait for your country to adopt laws that allow the use of crypto. It'll happen in the future, just wait for it.
As a runaway myself, I would suggest opposite. Run while you can. Countries like that never give you easy way to breath. While Crypto is one thing, there mostly are more stupid laws like this. You can't be free... Well in my country anyway...
sr. member
Activity: 1162
Merit: 268
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I read some news about these ones a while ago. Sadly for investors and users of bitcoin in Bangladesh will be arrested by Bangladesh Financial Intelligence Unit (BFIU). I think this may be connected to Major banks panicking in that country.

Credits to this article. http://bitcoinist.com/bitcoin-users-hunted-police-bangladesh/
newbie
Activity: 1
Merit: 0
Now that your country has banned bitcoin, you cannot invest in it. You may challenge the decision in court and see if you can get this ban lifted.
newbie
Activity: 490
Merit: 0
Many country banned bitcoin but those country people use in other way,so if you want you can also use bitcoin in other way.
full member
Activity: 616
Merit: 100
its depends on you, are you want to follow the rules about bitcoin banned, and sell all your bitcoin and cryptocurrencies or you will against the law and you still use bitcoin and other cryptocurrencies with some risk that will make you have a problem with your law in the country.for unblock the bitcoin site its very possible right now
newbie
Activity: 154
Merit: 0
Where I live is not prohibited bitcoin so I have the legal right to join them and I can free the transaction as well as I can do more for bitcoin to you if your country banned you Bitcoin trading
newbie
Activity: 107
Merit: 0
That is quite tough and if I was in your situation right I would be asking the same questions like you do. First of all the best thing to do is observe how this banned affects the bitcoin community in your country. You can talk to some people in your country about the situation so you can cope with this big change.
newbie
Activity: 98
Merit: 0
I think you should be naturalized in another country kkkk  Grin Grin
newbie
Activity: 81
Merit: 0
The best thing that you do just follow the rules of your country. Because if you want to get a big profit, I think dar bitcoin we can profit enough. And you can change your life if you use bitcoin in a country that already received bitcoin or live a new activity in another country.
full member
Activity: 588
Merit: 100
Well to me I think if you have enough Bitcoins that is worth much then you should move to a country that accepts Bitcoin and withdraw when you want to. You cam also contact a friend or find one who's in a country that hasn't banned BTC and liaise with him whenever you want to perform transactions
full member
Activity: 644
Merit: 100
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.

Well if this your case, there has many ways if you really want to continue working in bitcoin according to @G2z_Riya you can move to other country that legalize bitcoin or allowed to do a bitcoin process or find a trusted friend to help you in your scenario. What if you can not move to other country because your work is in bangladesh, your family is there, you grew up there and you can not find a trusted friend to help you. well, in my opinion I suggest to stop meanwhile. Why? Because its really hard to resist the government and if you insist your working in bitcoin you can violates the law and they punish you if they found out. For sure, you have a work there or find a work to support your needs while the government of bangladesh still banned bitcoin.
full member
Activity: 322
Merit: 100
If that's the case what you can do is move to a country that provides the legal acceptance of bitcoin. Or else find trusted friends around the world and make your needs fulfilled through them as your country won't accept any kind of transaction happening related to bitcoin.

I think this is the easiest way to have a new life in crypto, just make sure that the country you are going with is not prohibiting bitcoin as a threat to their government, I suggest you choose Japan, since bitcoin is not prohibited in that country,  start a new life if you want bitcoin that much then you should move from country to another country for your heart desires.
newbie
Activity: 182
Merit: 0
In worst case, you will have still backup way to withdraw your investment by sending your cryptocurrency to your friend or relative, who is in crypto currency allowed country.And the government can not block the Crypto website as a whole.
newbie
Activity: 98
Merit: 0
if the disadvantage for the government of your country should be obeyed but you can to move to another country that legalize bitcoin
And how practical is that? Do you think that immigrating to another country is that easy? And there is no guarantee that this new country will not ban Bitcoin sometime in the future.

Actually it's pretty easy if you have a lot of money either in crypto or in fiat. Money buys everything you need so crypto could be your way out of the country if that's your goal.

Lol you don't need to leave your country because of it? of course you will have more expenses because it is lol. in fact, even if the state forbids bitcoin, you can still use it, because bitcoin undercover, my own country forbids it but I'm still free to use it, all we have to do is wait and hope the government change the rules

I agree, there is no need to leave the country, just use VPN and wait for your country to adopt laws that allow the use of crypto. It'll happen in the future, just wait for it.
newbie
Activity: 95
Merit: 0
what can I do if my country forbids bitcoin, let alone they make criminal rules for those who violate. plus can not do anything if it happens.
full member
Activity: 448
Merit: 100
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I m also from Bangladesh. So I don't face any bigger problem for that reason. I use bitcoin by transferring to our national currency. So you should also try this. Best of luck.
full member
Activity: 406
Merit: 100
If the government has banned the existence of bitcoin would make someone become afraid when investing so the problem is very detrimental and one's economy becomes weakened but you can ask the help of friends from other countries to invest especially those who already accept the existence of bitcoin.
hero member
Activity: 1526
Merit: 501
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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 leave this country, I'm sure it's been written about this many times, but this is really the only way out.
Lol you don't need to leave your country because of it? of course you will have more expenses because it is lol. in fact, even if the state forbids bitcoin, you can still use it, because bitcoin undercover, my own country forbids it but I'm still free to use it, all we have to do is wait and hope the government change the rules
Exactly, leaving the country is a too crazy thinking, that is unnecessary when the ban only provides a theoretical and legal value, it is not realistic, this ban is almost meaningless to bitcoin users like us, the government can not manage the entire bitcoin system, they can not know what our actions are related to bitcoin. As long as we do not touch sensitive words and act too publicly about bitcoin, we will definitely be safe during our work with bitcoin, Bitcoin overtakes conventional rules, legal barriers can not prevent us from coming to bitcoin
newbie
Activity: 31
Merit: 0
I love Bitcoin and invest in crypto. I hope that my government does not prohibit Bitcoin
jr. member
Activity: 232
Merit: 1
I am also worried because here in India the indian government are also planned to ban the crypto but nothing is final but people are already selling their crypto in cheap rate because of fear.
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