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Topic: My country banned bitcoin. What I can do ? - page 38. (Read 3973 times)

newbie
Activity: 123
Merit: 0
You must first find out why it is banned. May be you can still access online exchanges and deal with it without the government knowing. Stop dealing local bitcoin traders and focus on foreign exchanges.
full member
Activity: 618
Merit: 100
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You can still trade and buy bitcoins normal as always. In my country have also banned bitcoin like in your country. But it seems the government does not know we are investing in bitcoins
hero member
Activity: 720
Merit: 500
I can only advise to replace the country and to be engaged in cryptocurrency in her. And in general what measures they undertake to learn that you use cryptocurrency?
sr. member
Activity: 887
Merit: 253
you can use local bitcoin where in your country peoples buy and sell bitcoin it is more secure you can made transaction face to face. your country government will cannot do any thing because didnot know about what you do. in my country government also banned bitcoin but it don't effect on us we are do trade just like before banned we done.
member
Activity: 251
Merit: 10
the truth is that there are always governments that want to intervene in the bitcoin and they are not going to popod because this is not only in a country it is global and nobody will stop working and so many bitcoin and you move out of a country if they do not allow it and many ways to change it internationally you just have to investigate
sr. member
Activity: 2366
Merit: 448
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In my country also forbid bitcoin but not completely and just have to be more careful, especially in investing because if wrong will harm yourself and not abused.
and what I'm doing now is making good use of bitcoin as long as it's not completely forbidden, because bitcoin has helped me a lot and made me better. and I hope bitcoin is acceptable in my country.
newbie
Activity: 154
Merit: 0
in my country it is likewise disallowed this bitcoin, by one means or another I don't have the foggiest idea, yet there are a few causes that our administration states how virtual trade devices, for example, bitcoin high danger of tax evasion and financing psychological warfare .no dependable specialist, no official overseer, no basic resource basic the virtual cost of monetary forms and fluctuating exchanging esteems ​​so defenseless against hazard expansion, "Not just that, BI additionally restricts all administration providers payment frameworks and money related innovation suppliers in Indonesia to process installment exchanges utilizing virtual trade instruments, for example, bitcoins. that is, bitcoin will never again be utilized.
sr. member
Activity: 518
Merit: 250
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.
If this thing happened to your country you free to transfer to another coutries where bitcoin was legal and allow to use. On the other hand, some countries banned bitcoin simply because they can't control or manipulate it. Lastly, I hope this thing won't happen in my country.
member
Activity: 266
Merit: 10
In your country did not prohibit the development of the crypto market, and prohibit the emergence of a new iso! Now, while the crypto market is not controlled, many rogues have appeared from here who want to cheat and steal our money! your state wants to protect you from bad people! Bitcoin and all the crypto market want to start at least somehow regulate, so that there are less scammers! I am sure that many countries and people are actively involved in the development of Blochkchain Technologies! all perfectly understand that this is the future, and that a new information and digital era has come! all those who are against the technology Blocchkayn, these countries will be far behind! many companies that will not use Blochkchayn technology, in 10 years will simply cease to exist! in every country there are companies or people who implement this system! a lot of big German banks do not hide the fact that you can earn good money on the crypto market, so they trade there! International Monetary Bank launched 3 projects - support of African countries with the help of Blochkchain Technologies! and they have repeatedly talked about the introduction of this system, these are very serious people who can change the entire world financial order! In 10 years the world will change very much, thanks to the Blochkchain system, and we are at the very beginning of development! those countries that prohibit the development and promotion of the crypto market will long catch up with other countries! but I'm sure that the legalization of the biktoin will soon be in all cities and all countries!
newbie
Activity: 168
Merit: 0
Maybe the best thing you do go out in your country and come to another country that accepts cryptocurrency freely. That will make sense for you so that you will not always worrying about your coins and business in crypto.



I think that's not fair and you have to hide it. Do not forget that even the US, at some point in their history, ordered its citizens to give all their gold to the country. Not much they can do, because it's hard to hide gold, but it's not the same as BTC.
I believe that bitcoin will eventually get global adoption, and even the countries that ban it now, will change their laws again, once the major developed countries (such as the US, Japan, Britain, etc.) start trading with BTC. Once they do that, you will be able to use your BTC again.
I guess I do not really know what I would do in your situation. If you already have bitcoin, I think your best approach is to put it in a cool wallet and leave it there. Do not sell or give them just because it's illegal.
full member
Activity: 462
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.
Personally you probably can't make global, change a decision you will not succeed anyway but to influence public really, you can certainly deistvuet illegal, but I advise you not to.
member
Activity: 294
Merit: 10
If it does happen to you, you can just move to a country that can accept bitcoin. 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: 285
Merit: 100
it's been a long time that bitcoin is banned in my country but it's all happening and bitcoin is widely recognized by the wider community until many people get bitcoin and the government has issued a ban on bitcoin circulation but this will not stop the bitcoin population which will be increasingly preferred and sought after by all those who have holding it Wink
newbie
Activity: 238
Merit: 0
The government needs more time to set up the law in order to manage cryptocurrency in this country. Because this market is very complex and risky
full member
Activity: 448
Merit: 107
CryptoSport
Did your country also baned Internet?
I live in France and it's hard for me to believe it's possible to ban Bitcoin.
I mean maybe you connot withdraw cash right?

If so, you can PM me, I have tons of solutions !  Cool Cool
newbie
Activity: 192
Merit: 0
Bitcoin is electric money and bitcoin also can not be set by anyone what else the government can not regulate bitcoin. So if in your country you can not use bitcoin, you just stay silent.
full member
Activity: 532
Merit: 101
The best thing that you do just follow the rules of your country. But if you can travel, you can use it in other country. But don't lose hope maybe someday your country will legalize again bitcoin. So keep it for a long time and hold it. You nothing you can do with this decision of your government. Don't worry about it until you have a secured wallet it will not lose its safe.
jr. member
Activity: 280
Merit: 1
nothing can be done. Sit silently and all. I'm only for all countries in the world to prohibit bitcoin. Because there is a massive degradation of people with it
newbie
Activity: 14
Merit: 0
Yes, governments can shut down websites, they can arrest exchange owners, they can make onboarding hell, they can tax it as capital gains. Governments cannot stop an idea whose time has come. There is still great potential for cryptocurrencies to flourish. Crypto will soon be as liquid as paper banknotes today! Need proof? Check Paytomat. It’s a decentralized platform which incentivizes businesses and customers to accept a wide variety of cryptocurrencies, while simultaneously bringing liquidity to those currencies.
legendary
Activity: 2800
Merit: 2472
https://JetCash.com
I haven't read all of this thread,but I did read this article -
https://www.dhakatribune.com/business/banks/2017/12/27/bangladesh-bank-ban-bitcoin/

It appears to be the central bank that has banned Bitcoin, and not the Government. Has anybody clarified this point in the thread?
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