Topic: My country banned bitcoin. What I can do ? - page 5. (Read 4003 times)
In some country you will face it (butcoin prohibited), but i think no need to worry or panic, because so many ways to do to withdraw bitcoin for example : you can withdraw the bitcoin into USD first after that withdraw the money through paypal. What i know paypal is legal in all country right? Or you can withdraw bitcoin by western union. So the Conclusion, no need to worry or panic about this issue.
You can search for more ways to earn in bitcoin because even if thet already banned it you can still trade but need to learn on how to convert your btc into fiat.
You should learn the legal status of bitcoin in your country and what is prohibited. Most countries that ban bitcoin usually prohibit their use as a means of payment. If in your country like that too, then you should be grateful because there are still many activities you can do to get profit from cryptocurrency, that is trading, mining, etc.
My country also does not legalize crypto but I still can still invest because the web concerned with cryptocurrency is not blocked. Is the condition in your country the same as my country? If the web crypto is not blocked I think it's not an obstacle for us to invest, we just have to adjust every purchase by redeeming crypto into the national currency.
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 cant provide the figure of the countries that banned bitcoin but i think only few are not accepting because most of the countries are supported on using it.
Weird question. And what can you do?)
The most logical option would be to move to a country where business with crypto-currencies is fine. Well, of course this is the case if you plan on doing it seriously. Here in Belarus for example, there is an ideal legislation for dealing with cases involving crypto-currencies.
And if not, then relax and look for another way to make money
The most logical option would be to move to a country where business with crypto-currencies is fine. Well, of course this is the case if you plan on doing it seriously. Here in Belarus for example, there is an ideal legislation for dealing with cases involving crypto-currencies.
And if not, then relax and look for another way to make money
i think that you have only two options, and that are that you should wait for the time when your country release ban from bitcoin, which is hopefully going to happen very soon and second is that you should change your country and should visit such places where you do not have any restriction about bitcoin or any other altcoin you just nee to wait.
You can move out and migrate to other country like Binance did there head office is in Malta and the blockchain status their is very appreciated.
I would love to stay and live. If there's an opportunity.
I would love to stay and live. If there's an opportunity.
I think if your country banned traffic or Bitcoin trading. If you are brave, you can override market managers, talk to big investors to talk to them.
I think the biggest problem is that adoptation will take much longer and goverments usually do not cancel their previous decisions.
I really hope to see some progress in this relationship, in my country as well. There are a lot of different places in Europe that accept bitcoin as a payment method, not my country thought.
I really hope to see some progress in this relationship, in my country as well. There are a lot of different places in Europe that accept bitcoin as a payment method, not my country thought.
o worries mate, a number of countries have actually banned BTC, but that doesn't mean that its the end of the road, you can still be active and chose other cryptos from the wide variety there is in the market, the other option is you moving to countries where BTC IS LEGAL, THERE ARE A NUMBER OF SUCH STATES, JUST chose where you will be most comfortable and continue your Bitcoin journey
no problem bangladesh people still can participate in ICO invesment crypto,if you still using bitcoin it maybe have huge risk for you
Simply flew to another country where bitcoin is legal 
. If bitcoin is banned in your country go against the govt file a petision against govt in supreme court. I think most of the major exchages and major crypto holding persons in bangladesh will do this
. If bitcoin is banned in your country go against the govt file a petision against govt in supreme court. I think most of the major exchages and major crypto holding persons in bangladesh will do this
A lot of countries ban bitcoin, especially the ones in Asia.
They just dont have enough power in IT technologies (and security) or knowledge to control bitcoin.
I dont think there are boundaries in the crypto world. People in those countries are still able to buy. Some ways are using VPN, asking for friends from other countries or using deep web.
It is hard but there are always ways out there.
They just dont have enough power in IT technologies (and security) or knowledge to control bitcoin.
I dont think there are boundaries in the crypto world. People in those countries are still able to buy. Some ways are using VPN, asking for friends from other countries or using deep web.
It is hard but there are always ways out there.
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.
First, this is definitely a great place to discuss such scenario, it is really made for such topic. Well I guess this limitation of bitcoin in certain country is just a for a minimum time since later on they could probably understand its benefit for their countrymen.
contact the government authority why & what's the main reason? because using bitcoin is very supportive and helpful to know anything which is in your mind.
maybe you should follow the rules of your country, so that you can not commit any crime or violation and its for your own safety. that's the only thing i can advise you my friend, but we will wait for some members here that are experiencing this type of question or problem.
Yeah , you should because if you don't follow the rules , they could put you in jail for doing that and i think they won't be afraid anything when doing that for sure because they're afraid more about Bitcoin then put one of their resident in jail.
just be cool if your country prohibits circulation and bitcoin use then you can play quietly without your knowledge of your country, you can access with VPN and some other proxy to still keep trading.
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.
Wait for the ban to be uplifted. I'm pretty sure they'll eventually lift the ban because the government would totally agree to have a bargain with bitcoin users in the country but only under the regulation of the government. They'll probably have stable pricing and taxes.
maybe you should follow the rules of your country, so that you can not commit any crime or violation and its for your own safety. that's the only thing i can advise you my friend, but we will wait for some members here that are experiencing this type of question or problem.
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