How can my country lose money if I send bitcoins away?

[magritte]

How is it bad for my country if I send my bitcoins to another one without telling them? The amount of money in the economy of my country will remain the same, so I don't see how it can be a lost.

[Yakamoto]

I'm not entirely sure of what you are trying to say.

In essence, no money leaves your country, or at least none of the government-issued fiat money, and as such there is no issue. Using Bitcoin to move money is one of the workarounds for the situation you are describing.

There isn't any reason to tell the government you are transferring money outside of the country, unless it is some sort of law in your country. Unless your country is as poor as can be, there is no issue sending money out of the country (And even then, it is your money, not theirs).

[Anddos]

I don't think bitcoin is your national currency. Thus your country wouldn't lose money. Bitcoin is international. It belongs to everybody and can't be lost. At least that's what I think.

[Pitchblackroom]

It shouldn't make your country poorer. Its when investment in your country goes down if say you invested a lot in your country, then it would become poorer. GDP shouldn't be affected by this at all.

[richardsNY]

I think it's mainly due to the fact that a lot exchanges that operate in a certain country try use bank accounts in countries with less to no restrictions. If you for example deposit $1000 to an exchange located and operated outside your country, then your fiat has officially left your country after a few working days. I think that's the main worry of certain countries.

[yugo23]

How is it bad for my country if I send my bitcoins to another one without telling them? The amount of money in the economy of my country will remain the same, so I don't see how it can be a lost.

Well... No. If you send money away there is less in your economy that's obvious!

[unholycactus]

It's bad for your country if you start using Bitcoin instead of their fiat money. I suppose you could say the "amount of money" stays the same, but that doesn't make much sense.

People using something that is out of control is scary for any government.

[hasiramasenju]

How is it bad for my country if I send my bitcoins to another one without telling them? The amount of money in the economy of my country will remain the same, so I don't see how it can be a lost.

i don't know in which country where you are but i think economy in your country will not be affected if you send your bitcoins to another country without telling them i do say like this because i was send bitcoin to people from other country and it would not affect anything

[The Sceptical Chymist]

My man, don't worry.  If your country's economy has even a modicum of robustness, you sending some bitcoin to another country will have no effect whatsoever.  I could mail a check for a million dollars to some poor goat tender in shitcoinistan (assuming I had the money) and it would make no difference whatsoever.  Now, if everyone in my country did the same then there might be a problem.

TL;DR:  You're not that important.  And I don't mean that to offend you.

[bitbaby]

I don't see how one sending his own money (bitcoin or not) to somewhere else would affect the whole country's economy. If you send it anonymously you don't pay the transaction fee and the tax they impose on it but that's not all a country's economy is depended upon.

[SFR10]

There won't be any loss to your country AFAIK since it's not connected to them and they don't control it nor it circulates in the economy of your country if it just sits on your wallet, however if your in certain countries, you have to pay certain amount of tax from the earned BTCitcoin IIRC so on that case, there might be a slight change of outcome.

[plost24]

if you have buy bitcoin with your own money and send it to other contry the devis price will go down but with a little % one person can make a lot of domage but there is so many that will be bad

[Amph]

unless you're very rich in your country and buy a tons of bitcoin, this is not even remotely a problem

but it's true that bitcoin is sucking money from fiat, so in the future if bitcoin will be adopted on a large scale with an enormous marketcap, some fiat may die or lose their power

[romero121]

Only bitcoin is used in transaction purpose, which has evolved as a alternate currency. There is no economical loss when you transfer money to other because its purely on increasing economy.

[arbitrage]

I doubt that this have some major impact on value on fiat in your country!
Bitcoin is still very young and does not have such power to suck value from fiat,
but if something like this happened believe me many regulations will come, same as for any other gold, silver..

[BeGoods]

How is it bad for my country if I send my bitcoins to another one without telling them? The amount of money in the economy of my country will remain the same, so I don't see how it can be a lost.

it's like you're shopping online or go shopping abroad,
of course a country that you go. will receive the exchange of money you spend in that country. just as you take out bitcoin,
from you buy bitcoin by your money (currency country) and you bitcoin spend in online

[Laosai]

unless you're very rich in your country and buy a tons of bitcoin, this is not even remotely a problem

but it's true that bitcoin is sucking money from fiat, so in the future if bitcoin will be adopted on a large scale with an enormous marketcap, some fiat may die or lose their power

Sending btc to another country is like saying money!

It means there is no difference, you are actually sucking money from your country to another one

[virtualdn]

Btc is not your national currency so nothibg will change actually..

[KiwiParty]

You are referring to the payments balance (here:https://en.wikipedia.org/wiki/Balance_of_payments). It plays together with the gross national income.
If you send BTC to another country, your country will loose wealth.
In case you recieve a certain service for that, this value will be part of the payments balance as well.

As BTC has value, no matter what country accepts them, yes it is that way.
If you send, and recieve nothing, in theory your contry has loss in gross national income,
if...and only if BTC is accounted,
or the BTC is changed into dollars.

[Laosai]

Btc is not your national currency so nothibg will change actually..

Of course it will, btc carries value, if btc leaves the country value leaves it.