My country banned bitcoin. What I can do ? - page 32.

virendarnagpal

member

Activity: 672

Merit: 12

Quote from: jpaul on May 20, 2018, 06:08:20 PM

Its unfortunate that your country has banned BTC, all is however not lost, there are a number of Bitcoin friendly countries you can consider moving to, Countries like japan, USA,Denmark There is litte or nothing you can do about the ban by your country but you can definately decide on which direction you'd like to go

Is it so easy that any one can shift to any other country? and that too from a country like Bangladesh where you will not have to do any efforts finding terrorists. And terror supporters you can find any where in such countries; and you are suggesting him to shift to country like Japan Grin

lol
But this is practical suggestion that if in case he goes to some bitcoin accepting country on tourist visa for tour; then he me spend it there instead of spending his fiat.

Cherylstar86

sr. member

Activity: 1484

Merit: 253

Well, on my opinion on that situation is to continue work here in crypto currency community and just be attentive on your surroundings since bitcoin banned on your place. As you will able to continue, I believe there are some alternative ways to access your bitcoin account as long as internet connection is still exist and for sure you can access your wallet and may able to send in different redemption outlets throughout the world.

Mikasa77

member

Activity: 140

Merit: 10

Quote from: Farhan786 on May 20, 2018, 03:30:16 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.

For me it is safe if you keep it a secret because there is no chance that the government will notice you unless if they track your account in bitcoin and if there a chance that the government will track every users of the bitcoin in your country. If you don't tell to others that you use bitcoin there is no chance that they will know that you use bitcoin.

$$$sparkles$$$

member

Activity: 350

Merit: 10

Quote from: Farhan786 on May 20, 2018, 03:30:16 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.

Just out of curiosity, what are the restrictions imposed by governments in a country that banned crypto just like yours? I mean, are exchanges like Bittrex, KuCoin, Liqui, Stex and wallets like MEW and Mycelium inaccessible? Coz if not, I have a pretty good idea what you can do...

longwintershere

jr. member

Activity: 224

Merit: 1

“Revolutionizing Brokerage of Personal Data”

Quote from: mware on June 19, 2018, 07:09:01 AM

Then it would be illegal to use or spend them or convert them into cash, in that country. however, it wouldn’t necessarily be illegal to fly to another country and convert the Bitcoins into cash while there or you can send your cryptocurrency to your friend or relative, who is in crypto currency allowed country then simply get your money via paypal

he can still keep using bitcoin, all he needs to be careful with is to convert it to fiat. I simply wouldn't do that at all unless it becomes legal again, which will happen sooner or later

ntodntodan69

newbie

Activity: 294

Merit: 0

Quote from: Farhan786 on May 20, 2018, 03:30:16 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.

my country has also banned bitcoin. but I am not too confused by the rules. I keep doing my work on crypto currency either by doing trade or doing bounty. because I do not have to use bitcoin as a means of payment directly

mware

full member

Activity: 390

Merit: 100

Then it would be illegal to use or spend them or convert them into cash, in that country. however, it wouldn’t necessarily be illegal to fly to another country and convert the Bitcoins into cash while there or you can send your cryptocurrency to your friend or relative, who is in crypto currency allowed country then simply get your money via paypal

Respawn80

newbie

Activity: 19

Merit: 0

Change your country Grin

ubay

full member

Activity: 728

Merit: 101

Do not worry because almost all countries forbid the circulation of bitcoin, in my country too. But I still use bitcoin everyday without worry, provided you are wise in using bitcoin then all will be fine.

Singwala

sr. member

Activity: 462

Merit: 260

If the use of bitcoins in your country is illegal it is difficult. But you can still use bitcoins even if it is illegal in your country because no one knows it. All you have to do is be careful of people who know what you are doing. Because they can report to the police. And if you want it to be replaced by fiat money you can still get through p2p. But be careful of the people you are dealing with because they can scam you.

cryptoasis

newbie

Activity: 161

Merit: 0

My suggestion is to keep your BTC in secure cold wallet and wait. One day countries will no longer ban the bitcoin, they will be compel to remove restrictions as the mass adoption will increase. Otherwise, you can still trade them on exchanges so that you can otherwise increase your BTC amount and Hodl. Let's say you are forced to HODL. Its a good thing.

campusnet

member

Activity: 481

Merit: 11

Quote from: TheKeyLongThumbI on June 18, 2018, 11:09:22 PM

As a normal citizen of your country, you cannot really do anything. But if you manage your own group and recruit others that strongly believe in the power of the blockchain tech then I suppose that you are going to have a bigger chance to change your government's perspective on it to become more positive.

the great community's role is indeed important to convince the government in developing this technology. if all that is met and the development of blockchain technology in the country continues to grow rapidly and many companies are using it I am sure the government will also consider it.

TheKeyLongThumbI

full member

Activity: 448

Merit: 100

As a normal citizen of your country, you cannot really do anything. But if you manage your own group and recruit others that strongly believe in the power of the blockchain tech then I suppose that you are going to have a bigger chance to change your government's perspective on it to become more positive.

jpespa

member

Activity: 294

Merit: 17

Maybe bitcoin is prone to criminal activities in your country and the government assumed it so they banned it. Well if it's the decision of the government then we can't anything about it but to abide by it because you might get punished if you got caught still using bitcoin when they already treat it as illegal.

andika2018

member

Activity: 700

Merit: 10

Many countries ban bitcoin and their peoples still able to trade and invest on bitcoin. I think you can do that too. We just hold bitcoin as long term investment and store our bitcoin in our wallet. Just waiting government issuing regulation because i am believe in the future, all country will issuing regulation

ngamuk tok

newbie

Activity: 126

Merit: 0

Do you care about government bans? You can still access the internet, which means you can still access your bitcoin. You do not have to show the government that you have bitcoins and as long as you do not make mistakes, I think the government has no right to know all your assets.

Paniudto

newbie

Activity: 93

Merit: 0

Quote from: KevinChangOfficium on June 18, 2018, 05:59:19 PM

Move to another country until u have time bro

Good suggestion bro but i think it would entail much money if you move to another country. It would be better to follow your country's law and hope that their decision on banning bitcoin will not last forever.

lifetimebitcoins

newbie

Activity: 210

Merit: 0

no country can ban internet likewise we can access bitcoin and cryptocurrency through vpn u can access to vpn and access the cryptocurrency and spread the vpn logic among ur friends

Louvre

newbie

Activity: 28

Merit: 0

You have to leave the country. If you are poor dont leave the country. but you can use VPN or a proxy when making transaction in bitcoin or crypto. Or ask your friend from other country to do transaction for you.

wahyu.prist

newbie

Activity: 165

Merit: 0

First of all you should know the reason why your country forbids bitcoin in boxing places, and avoid doing that, in my opinion do not think that government or anyone can prevent or ban people using bitcoin, so it is useless to try and ban it. Thanks

Topic: My country banned bitcoin. What I can do ? - page 32. (Read 3973 times)