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Topic: My country banned bitcoin. What I can do ? - page 47. (Read 4006 times)

newbie
Activity: 196
Merit: 0
You must know the governing rules of your country why they make it illegal and know the pros and cons, cons might help you decide what you hould do in your bitcoins.
newbie
Activity: 98
Merit: 0
You should know why it was banned in the first place and try to abide by it because the government sets certain laws in order to keep peace maybe they banned it because they see a threat that could harm the country.
newbie
Activity: 224
Merit: 0
Try to know the regulations of the bitcoin in your country. If it is fully illegal and bitcoin is banned there then, just stop doing bitcoin for your ownsake.
I think there are some does and donts that your government made about bitcoin.
member
Activity: 224
Merit: 10
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 suggest you still go with trading, and investing. Just continue earning profit and put it all in your wallet. Then if you have enough, you can move to other country and there you can encash your money. But should be in little amount.
newbie
Activity: 84
Merit: 0
Do not mention bitcoin or any cryptocurrency when transferring bank
newbie
Activity: 100
Merit: 0
Sorry to hear that. Hope the whole world can apply digital currency to their domestic law so that we can no longer experience such problems. You can keep them in the hard wallet like electroneum for future use. Things can change.
newbie
Activity: 112
Merit: 0
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 think this is not a good idea for bitcoin to banned, the government should let their people to decide the choice of investment they want to improve their lives.
newbie
Activity: 3
Merit: 0
If you really want to invest in cryptocurrencies besides it's been banned in your country then you should ask one of your trustworthy friend living in another country to invest in them on your behalf. Apart from investing if you are looking to advertise your business in a crypto-based advertising platform then Adconity may best suit your needs as it provides different options for advertisers and publishers with competitive pricing options. Visit the website for more info: https://adconity.com/
member
Activity: 154
Merit: 12
I locked up for a long time, continue to use. I'm keen on these useless politicians. They want to control everything and steal my money. I do not trust my government even more than bitcoin!
full member
Activity: 602
Merit: 111
I have heard that in Bangladesh you even can appear in the jail for the use of crypto currencies and this law is not new, as I heard such lows have place to work from 2013-2014 year, so, I wander why you ask about crypto using only now?  
The law in Bangladesh is really rough, I wouldn't risk on your place. You have two opportunities or to forget about cryptos or organize a front which will fight against such rules, by protesting on the street or signing of different petitions and so on.
Protesting against them wont work because the cryoto currency users are very few so it may not get enough attention and will results in punishment for js,so we have to hold our bitcoins that already bought because in future the chance of changing their status on bitcoin is high.
full member
Activity: 658
Merit: 152
I have heard that in Bangladesh you even can appear in the jail for the use of crypto currencies and this law is not new, as I heard such lows have place to work from 2013-2014 year, so, I wander why you ask about crypto using only now?  
The law in Bangladesh is really rough, I wouldn't risk on your place. You have two opportunities or to forget about cryptos or organize a front which will fight against such rules, by protesting on the street or signing of different petitions and so on.
newbie
Activity: 125
Merit: 0
this is not a good news for Bangladesh people,who love crypto currency.what are the reasons for this band?hold your bitcoin for long time,you can make good profit
member
Activity: 420
Merit: 10
Most of country banned bitcoin and say it illegal is Capitalism country, in my opinion they scared with this technology because if everyone used it they couldn't control society anymore
member
Activity: 1232
Merit: 12
Don't worry, many options exchanges that provide deposit and withdraw USD menu, as long as you have a bank account that can receive USD from various countries then we can benefit from bitcoin.
full member
Activity: 1218
Merit: 112
Bitcoin is anonymous, so government banning it wouldn't create any problem for you, as bitcoin has nothing to do with the government. You can carry on your bitcoin related activities as usual.
member
Activity: 686
Merit: 39
Bitcoin is decentralized so you shouldn't be bothered by your government's restriction. As long as there's internet access, bitcoin won't be stopped by anybody. There are many ways to redeem your bitcoin into your fiat. For example, trade your bitcoin to dollar and use skrill to redeem to your local bank.
full member
Activity: 438
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.
You better talk to your Government Official why they ban the bitcoin in your country and explain them what are the benefits of using bitcoin and what are the risk of it so they would familiar on how the bitcoin work for it.
member
Activity: 336
Merit: 12
Maybe your Country received a lot of negative feedback about Bitcoin and they were just protecting every citizen in it. Maybe they have strong evidence about the illegal activities or transactions on Bitcoin and they just don't your Country to get involved. and for whatever reason your Country has, you can do nothing about it but to abide.and hope that someday they don't ban the Bitcoin anymore.
full member
Activity: 266
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.
if your country banned bitcoin that would be bad for you but if you are really desperate to use bitcoin you can use vpn where it can chnge your ip address in different country
newbie
Activity: 112
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.
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