Topic: My country banned bitcoin. What I can do ? - page 52. (Read 3973 times)
It all depends on how severely the punishment is in your country. If you can go to jail for using bitcoin, then you need to leave the country. If the penalty is less serious then you need to use VPN or a proxy to work with Bitcoin
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.
Well, thats bad news sir. You have no choice but to abide by your laws. But, if you have strategies to continue using bitcoin then i suggest you do it with necessary precautions and do it discreetly.
If its a serious offense in your country then i only hope for the best and goodluck to you sir.
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 can use virtual private network which will get another countries ip address so that you can go on with your business. My country Bangladesh.
Apologies if this is not the right place to discuss.
Thanks in advance.
there is nothing you can do if the government forbids you to use bitcoin, but you do not worry about it you can use bitcoin even though it's illegal that you can still use bitcoin and the government will not catch you just because you use bitcoin
In this matter it is hard to say something that base only on my own understanding. However sometimes it is good and can possibly will become helpful if we say our ideas to other. As for now, glad to know you still active in bitcoin despite of your present situation. Well, you should always keep watch maybe one day it will not be banned anymore. There should have valid reasons why it was done. Maybe the reason is not just for the good of one but pretty sure it is for all.
You can ban your country to return the favor. If you have enough wealth already just leave the country. When enough people leave with money, they'll realize the mistake they have made.
Just slap them in the face with your coins. That's the only language the government understands.
Just slap them in the face with your coins. That's the only language the government understands.
You have followign options:
1) Use websites like local bitcoins where you can buy and sell worldwide using PayPal.
2) Consider moving to another country.
1) Use websites like local bitcoins where you can buy and sell worldwide using PayPal.
2) Consider moving to another country.
I think you can still enjoy, use, and get bitcoin even though the government in our country rejects bitcoin. We can make bitcoin as an asset and hold bitcoin, until bitcoin is received in your country. What we do is stay patient and continue to support bitcoin and spread positive things about bitcoin in people around us.
Sorry to hear that. Did they ban just Bitcoin or cryptocurrency in general???
Bitcoin is very popularity in the world, i dont think so it can be banned but the times come it be banned i can do is to apologized about the issue regarding into the government.
Oh man, it would be worst for you to, I can't imagine if my country would do as your country did, but I think you need move from your country if you have a big assets on bitcoin already, I mean I'm not sure is that work or no but just try it. Well, you never try you never know, goodluck out there.
If your country ban it and you want to quit then just sell your Bitcoin in other country.
Find a legit person to make transaction or at least find a mid man to handle it.
Find a legit person to make transaction or at least find a mid man to handle it.
You didn't give much information about the country and how exactly is it banned. Is it completely illegal so you are not allowed even to hold Bitcoin or maybe illegal is only exchanging or using it for some businesses? Is using Bitcoin punished in some way or not?
Anyhow you still have the choice. You have to avoid banks in your country if you exchange Bitcoin and don't deal or pay with it on any domestic web sites and services. But internet has no boundaries and it can't be fuly controled and monitored so you can use Bitcoins outside your country.
Anyhow you still have the choice. You have to avoid banks in your country if you exchange Bitcoin and don't deal or pay with it on any domestic web sites and services. But internet has no boundaries and it can't be fuly controled and monitored so you can use Bitcoins outside your country.
I overheard some time ago that India ban Cryptocurrency in general, but I think that must be a misconception from the side of their Government.
When they banned them all have their causes. They always think that BTC always brings bad things to their country. I am also a member living in a country that does not accept BTC, but this does not affect my passion. I still earn income from BTC, I do not need to hold the BTC for any purpose other than make a profit.
you should know the real reason why bitcoin is banned because bitcoin is a very good digital currency and I am sad if your country prohibits the circulation of bitcoin. you better keep trading bitcoin or have bitcoin for your savings in the future.
If you still hold some bitcoins then you should probably convert into some other altcoins like ETH or LTC whichever you think has the larger potential .
You should also check through your sources that is using bitcoins banned or just mining and converting it into fiat via banks . Like most of us think that bitcoins are banned for using in china but actually only banks and institute are banned of using others are free to use , the only restriction for common people in china is of mining and converting it into fiat .
Or you can just wait for the government to change their mind son bitcoins ban.
You should also check through your sources that is using bitcoins banned or just mining and converting it into fiat via banks . Like most of us think that bitcoins are banned for using in china but actually only banks and institute are banned of using others are free to use , the only restriction for common people in china is of mining and converting it into fiat .
Or you can just wait for the government to change their mind son bitcoins ban.
In my opinion, you should follow the law.
So, bitcoin is usually on other servers, outside of our countries.
So, if you have something outside of your country, nobody can sax that you break the law.
Your country law can be applied only in your country.
Also, if you don't cash out btc in your country, you didn't break law.
It's my understanding.
So, bitcoin is usually on other servers, outside of our countries.
So, if you have something outside of your country, nobody can sax that you break the law.
Your country law can be applied only in your country.
Also, if you don't cash out btc in your country, you didn't break law.
It's my understanding.
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.
Apologies if this is not the right place to discuss.
Thanks in advance.
Just follow the law then if you really want to continue bitcoining then migrate to the other country,or Just hold your bitcoin maybe your government will change their mind if they truly see what can bitcoin bring in your country but for now just follow the rules. Apologies if this is not the right place to discuss.
Thanks in advance.
You can still use bitcoin without cashing them, your country has banned crypto trading but when the BTC is in air no body can claim you for illegal stuffs. Stuffs will go illegal when you will convert this Crypto to your fiat.
in my opinion, if the state prohibits bitcoin activity then they will give us rules about bitcoin and we should not break the rules because it will harm ourselves. it all depends on you willing to break or not to violate.
Jump to: