How can the government discover I own BTC, let's say I'm from Venezuela where crypto is banned, what they can do to discover and arrest me?

I have a job, and I'm quite tired of working as an employee. I was thinking if I can make my btc earnings a start for a business, what do you think?

Hello, Friends...

I Recently listen about the ICO (Initial Coin Offerings)!But I'm confused, Is it a Right Investment or Not?

Anyone Suggests me!

List of major cities in Philippines with bitcoin ATM installations:

Sa mga naghahanap ng Bitcoin ATM dito sa Pinas ito ang listahan:


1. Sunette towers-Makati City
2. Dominion Pawnshop & Money Changer-Pasay City
3. 2 Dominion Pawnshop & Money Changer-Quezon City
4. PSULIT Money Changer-Quezon City
5. Willyn Villarica Jewelry-Taguig City
6. Monteal Money Changer-Taguig City


Pano magwithdraw ng cash gamit ang Bitcoin ATM

Pangkalahatan

Kapag nagbebenta ka ng bitcoins para sa cash gamit ang Bitcoin ATM, mayroong ilang mga pangkalahatang hakbang na kailangan mong pumunta:

1. Ang hakbang sa pagpapatunay (opsyonal, ngunit normal para sa mga pagpapatakbo ng nagbebenta ay kailangan ng operator na tukuyin ang iyong sarili, gayunpaman ang pamamaraan ng pagkakakilanlan ay maaaring mag-iba para sa iba't ibang mga uri ng makina, o kahit na mga operator na tumatakbo katulad ng mga machine)

2. Magpadala ng bitcoins sa ibinigay ng bitcoin ATM QR code

3. Depende sa mga setting ay agad kang makakakuha ng cash mula sa makina (maaaring itakda para sa mga maliliit na halaga), o bibigyan ka ng redeem code at kailangang maghintay para sa mga pagkumpirma ng transaksyon ng bitcoin (karaniwan nang 1 kumpirmasyon ay ginagamit, ngunit depende sa machine at operator)

Genesis1 machine from Genesis Coin

Genesis1

Ito ay isang dalawang-daan na Bitcoin ATM, na makukuha mo rin sa maraming lokasyon.

Ang nagbebenta ng pamamaraan ng bitcoins sa ganitong uri ng ATM ay maaaring mag-iba habang sinusuportahan ng ATM ang white-label, kaya kung ano ang nakikita mo sa screen ay maaaring naiiba mula sa operator patungo sa operator.

• Choose withdraw cash

• Choose Bitcoin (these machines normally may support other cryptocurrencies)

• Choose amount to withdraw

• Send bitcoins to given address QR code

• Receive cash immediately as bitcoins transaction is propagated on the network

Gayunpaman ang makina mismo ay sumusuporta sa ilang mga verification kabilang ang telepono ng pag-verify at daliri scan, at ang ilang mga operator ay maaaring magkaroon ng mga tampok na ito pinagana, kaya maging handa.

BitAccess

BitAccess

Ang BitAccess ay isa pang popular na Bitcoin ATM, na sumusuporta sa pagbebenta ng mga pagpapatakbo ng bitcoin. Narito ang isang standard na pamamaraan na hiniling mong sundin upang makipagpalitan ng mga bitcoins para sa cash:

• Provide your mobile number

• Enter received verification code

• Choose “Sell bitcoins”

• Enter the amount

• Send bitcoins to given address QR code

• Get cash

• Optionally you can print the receipt for the transaction

General Bytes BATMThree bitcoin ATM

General Bytes
BATMThree

Upang makapagbenta ng mga bitcoin sa makina na ito ay kailangang pumunta sa mga sumusunod na hakbang:

• Choose “Sell bitcoins” option in the menu

• Define amount of transaction to sell (depending on the amount different verification procedures might apply, e.g. no checks, mobile check by SMS, finger print scan, ID doc scan, all this varies from operator to operator and you need to check it before using the machine).

• Then a receipt will be printed, which will contain a bitcoin address whereto particular amount of bitcoins to be sent. Also in the same QR code there is a redeem code add, which will be used later for getting cash from bitcoin ATM.

• So send bitcoins to the given address and wait depending on how many confirmations you are required to wait by operator.

• Then use the machine again, now choose “Redeem ticket” option to start and scan the same QR code from receipt, you will be given cash immediately.

Narito isang example ng resibo na naka-print:

BATMThree redeem
receipt

Source

Ok ok first thing first when your bitcoin wallet gets compromised then your funds was send in different wallet then it is irreversible meaning no return of funds!! so I wanna tell everyone how to protect your bitcoin wallet from such kind of situation.

1st: Protect your GMAIL or EMAIL ACCOUNT
     
       We all know we use GMAIL as our email provider for such accounts like blockchain then we can recover and approve login with email in some wallets, now when your email account was targeted and get compromised then say goodbye to your bitcoin.To secure your bitcoin wallet(ex: blockchain or other) go to your google account settings. and then turn on the 2FA(2nd factor authentication) here is the guide on how to do it: STEP BY STEP GUIDE

2nd: Use your own DEVICE or COMPUTER/PHONE
 
       It's a very bad idea to use someones device(ex:from friend) to make a transaction in your bitcoin wallet why? because first you don't know what is the capability of that person regarding that matters and you don't know if that phone has a lot of malwares and spywares.So we cannot say that you are safe using someones device to make transactions.

3rd: Always backup you PK's or PRIVATE KEYS
         
       This is the most important thing to remember for everyone using your ETH or BTC wallet without backing up your Private keys then you can't recover you wallet in case you forgot your wallet.PK's are very important but there are thing you should do first. Make sure you store your PK backup somewhere that you only know and not from your computer because there are some spyware that might inside of your computer that can steal that file so make sure you back it up print in a paper and hide it to the place where you only know.

4th: Don't open links from malicious emails

      This method was called email phishing where an attacker will send the same email in thousands of random users once the victim will click the link in that email then his or her device was compromised to avoid this please do not click the links included in the email immediately please always have time to check who is the sender of that email and if that email is came from the site where it supposed to came from.

5th: Do not trust PUBLIC WIFI 

      It's quite good to have access with free wifi's but have you think this: IS THIS A SAFE NETWORK? without you knowing maybe some of the people connected to that same network may have idea and skill on how to sniff passwords and credentials this method was so called DNS SPOOFING or SNIFFING if you want to use public wifi then use it not just with your bitcoin transactions.

6th: Do not login on Suspicious links

     This method is called PHISHING where an attacker  will send you a link to login with your bitcoin wallet luring you with the legitimate site example is:
the real site is: https://www.blockchain.info/
the fake site is: http://www.blockchain.ga/

then once you login to the fake site then the hacker or attacker will have now your credentials. Please always check for the green lock on the url bar and the word HTTPS in the link.


so this are some of the way to stop hackers to hack your bitcoin or crypto wallet. If you have other information then you can comment it down and lets help others.

The Philippine government is welcoming nearly a dozen cryptocurrency companies to operate in a special tax-friendly economic zone situated in close proximity to a number of neighboring countries.

According to a Reuters report, the Philippines will legalize the entry of 10 blockchain and cryptocurrency companies to operate in the Cagayan Economic Zone Authority (CEZA), a government-controlled economic zone that is within an hour’s flight away from the likes of Hong Kong, China, and Taiwan.

The government aims to woo cryptocurrency companies to operate out of the economic zone with tax benefits to help generate employment opportunities locally, Cagayan Economic Zone Authority chief Raul Lambino told Reuters.

Notably, the official confirmed that the government will also license – in effect legalize – the cryptocurrency firms in the special zone.


 
The companies will also be allowed to operate exchanges, offer initial coin offerings (ICOs) and engage in cryptocurrency mining within the zone, he added, stating:

We are about to license 10 platforms for cryptocurrency exchange. They are Japanese, Hong Kong, Malaysians, Koreans…They can go into cryptocurrency mining, initial coin offerings, or they can go into exchange.

There is a caveat, however. Any exchange of fiat money into cryptocurrencies or vice-versa should be conducted beyond Philippines’ borders to avoid infringing the country’s laws.

To aid in bringing jobs to those companies, the economic zone’s regulator is also considering establishing a new financial technology university in the economic zone with a specific focus on blockchain technology, Lambino added.


The embracive stance follows newly introduced rules by the CEZA in February which allowed cryptocurrency companies to legally establish offices and facilities in the special zone. To gain a license, companies must invest at least $ 1 million in the zone over two years and pay up to $100,000 in licensing fees.

Meanwhile, in the mainland, the Philippines’ central bank was previously known to be reviewing the applications of a dozen operators vying to register and launch cryptocurrency exchanges in the country as recently as December. It remains to be seen if these operators have since switched tact to register in the economic zone instead.

The Philippines became one of the earliest nations in the world to publish regulations for cryptocurrency exchanges in early 2017. The deputy director of the central bank, appearing in a televised interview in October 2017, lauded the ‘pioneering regulation’ and said bitcoin, as a monetary instrument, is “fast, near real-time and convenient”.

Source:  https://www.ccn.com/philippines-legalizes-cryptocurrency-exchanges-in-economic-zone/

Financial technologies such as bitcoin, P2P lending and crowdfunding are just beginning to take off, and businesses involved in the industry pose little immediate threat to traditional commercial banks. Banks, after all, the country's economic lifeline, so I think the bank is still very important, do you think?