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Author Topic: what will you do if your country bans bitcoins?  (Read 5794 times)
polymerbatt
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November 08, 2017, 10:05:56 AM
 #181

I guess the titles says it all. What will you do if that happens?

Just keep using it secretly and carefully, but before that I will read the law first and what will happen if I got caught using bitcoin in my country. If it's not really big I will keep using it but i'm sure it will not happen in my country because bitcoin is not very popular here.
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November 08, 2017, 10:09:10 AM
 #182

My country, Vietnam, they ban using bitcoin to exchange in life. So we look for foreign trading market to exchange BTC.
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November 08, 2017, 10:09:43 AM
 #183

I guess the titles says it all. What will you do if that happens?

Just keep using it secretly and carefully, but before that I will read the law first and what will happen if I got caught using bitcoin in my country. If it's not really big I will keep using it but i'm sure it will not happen in my country because bitcoin is not very popular here.
Well in case this would happen ofcourse we should read the rules as to be aware of still using bitcoin even already banned. But now in reality, it will not happen banning to use bitcoin because somehow it is already been popular and already use by many.

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November 08, 2017, 10:13:59 AM
 #184

There are to many way how to work with BTC when the coutry bans it. But my first reaction will be WTF, can I leave and go to the other country? What will be next I hope, I will never see.
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November 08, 2017, 10:17:54 AM
 #185

If Any country is going to ban Bitcoin then this situation is likely to happen in most of the cases but the situation can be change depending on the government action.... And if truly happen, there should be a way to fix it that we have not notice

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November 08, 2017, 10:18:06 AM
 #186

There will always be ways around it, depending on your situation. Buying Bitcoin while on holiday is one means.
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November 08, 2017, 10:20:37 AM
 #187

if we really believe in bitcoin, this will make no difference or maybe a good thing for we dont need to care about the price, and when its open, we may be surprised by the price it pumped

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November 08, 2017, 10:21:03 AM
 #188

Just keep using it secretly and carefully, but before that I will read the law first and what will happen if I got caught using bitcoin in my country. If it's not really big I will keep using it but i'm sure it will not happen in my country because bitcoin is not very popular here.
Countries who ban general crypto usage of any sort have no decency to begin with, so you can expect the penalties to be harsh when caught or at least accused of using crypto against the law.

In most cases it's a hefty fine that needs to be paid, which mostly in these countries are amounts people have to work very long for, and I wouldn't be surprised to see authoritative figures even put people in jail.

VPNs are quite a helpful tool to continue using Bitcoin under the radar, which most people are well aware of by now. VPN adoption has been picking up nicely throughout the years due to illegal downloading

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November 08, 2017, 10:23:07 AM
 #189

I guess the titles says it all. What will you do if that happens?

My worst nightmare.  Probably cry a few times and then quit crypto.  Lol, naaah, probably will move to a different country to basically stay in the game. The EU is so much more helpful and active than North America.
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November 08, 2017, 10:29:20 AM
 #190

I guess the titles says it all. What will you do if that happens?
Since bitcoin is keep the users identity anonimous. I think there is no problem to use bitcoin. There are always developers and business enterprises that will help bitcoin users to spend bitcoin. My country still not accept bitcoin as payment metodhe but the government isn't ban bitcoin.

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November 08, 2017, 10:40:52 AM
 #191

if my country forbids bitcoin, I will still look for it and use it to use it can we use it or exchange it in another country. Bitcoin including additional income for us all there must be a net for us to use it. just like drugs alone is clearly banned in any country but see still a lot is not even increasing its kind. So if bitcoin in banned, just relax just think damaged radio talk.

That's a good move don't stop using bitcoin even if your country banning it we can see a solution someday because bitcoin it's a good source of extra income especially to the people that have no work this is what i'm doing if my country banning this bitcoin and take note a lot of country now are accepting/legalizing the bitcoin so don't worry.
To my opinion it is not a good decision. One should respect and follow the laws of the country in which you are living. Being an individual we only think of our personal interest while a government thinks of the state stability and the country progress. There could be a difference of opinion between my and the government planning and thinking. But I still will be following my country laws. If my country bans bitcoin I will not like it but I will follow it. The only thing I will do is that I will keep my bitcoin and will wait for the time that the ban be lifted.



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November 08, 2017, 10:46:14 AM
 #192

if my country forbids bitcoin, I will still look for it and use it to use it can we use it or exchange it in another country. Bitcoin including additional income for us all there must be a net for us to use it. just like drugs alone is clearly banned in any country but see still a lot is not even increasing its kind. So if bitcoin in banned, just relax just think damaged radio talk.

That's a good move don't stop using bitcoin even if your country banning it we can see a solution someday because bitcoin it's a good source of extra income especially to the people that have no work this is what i'm doing if my country banning this bitcoin and take note a lot of country now are accepting/legalizing the bitcoin so don't worry.

For me I will not lose hope and still save my bitcoins, because with bitcoin the future is there always. I am proud to say that it changes lot of things in my life and it helped me out of the debts I had previous years ago. I don't care what's the reasons behind from those government leaders to ban bitcoin, but the most certain with my personal thinking is that bitcoin will not be banned unless people will adopt it eventually on daily lives and more products will be using it. So not impossible for every country to implement bitcoin as sources of profit and will definitely provide online income to less fortunate families particularly in Asia.

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November 08, 2017, 07:02:56 PM
 #193

I will not like to be a part of such situation and I will hope that my country never bans Bitcoin. But in case if my country bans Bitcoin in future then I don't think this ban will have too many impacts on it due to the decentralized nature of Bitcoin. No doubt that i will not be able to convert my BTC's into cash but I will find an alternative to this such as I will send my BTC's to a friend of mine who is living in a country where it is legal to work with Bitcoin. As Bitcoin provides us with the facility of anonymous transactions within or outside the country so this transaction will be safe as government will not be able to track my transaction. I will say him to convert that BTC's into fiat and send me the money in a way which is accepted by the government of my country.
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November 09, 2017, 07:26:01 AM
 #194

I guess the titles says it all. What will you do if that happens?

Just keep using it secretly and carefully, but before that I will read the law first and what will happen if I got caught using bitcoin in my country. If it's not really big I will keep using it but i'm sure it will not happen in my country because bitcoin is not very popular here.
Well in case this would happen ofcourse we should read the rules as to be aware of still using bitcoin even already banned. But now in reality, it will not happen banning to use bitcoin because somehow it is already been popular and already use by many.
not just because of bitcoin getting more and more popular , but it's designed to be decentralized which means no matter what they say what acts to prevent bitcoin usage it's gonna be useless and has no effect to the people who want it. ban bitcoin doesn't mean you can't hold / use bitcoin , it's just give you a useless warning , i mean they ban it but who cares? nothing can regulates what should you do , what/where we should put the money on.

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November 09, 2017, 07:41:10 AM
 #195

Laugh, I guess? It's cute that they are trying but I really don't think they can do anything about it. Our government's website got hacked by a kid and the hackers of my country just makes fun of different government websites and those are all official websites not like an imitation or something. Another thing, a really famous celebrity in my country got her twitter account hacked before November 5 and the hackers just posted something about the "V for Vendetta" movie. It's funny how unsecure and how uneducated people in my country is when it comes to cyber security. Even famous celebrities get hacked and have their nude photos from their personal messages on social media leaked.

Those alone just proves how weak is the cyber army of my country. There are also child pornography and massacre videos from my country that cannot be traced at all. They were traced but only because the uploaders went to the cops and surrendered, not because they traced it from the Internet. I'm pretty confident that if my country bans bitcoins, they might as well just announce to the people to use it because they can't do anything about it anyway. And I know that because common attacks from the Internet can't even be prevented by them.

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November 09, 2017, 07:46:47 AM
 #196

If this bitcoin is ever banned in my country I think you can still transact overseas through online because not all places in the world will ban the bitcoin

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November 09, 2017, 08:01:31 AM
 #197

I guess the titles says it all. What will you do if that happens?

I think I will be moving to a different country then. On a serious note, I believe a lot of people in my country will go on a protest against it. I mean bitcoin has been helping a lot of people in my country, so they cannot easily accept that fact. Including me of course.

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November 09, 2017, 08:03:54 AM
 #198

I guess the titles says it all. What will you do if that happens?

I would be sad of course since I just started investing to bitcoins and it would be a big problem for me and in my investments.  Embarrassed

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November 09, 2017, 08:07:45 AM
 #199

I guess the titles says it all. What will you do if that happens?
It would result ofcourse to difficulties with Bitcoin transactions but if would be still able to use it even in a way that I will be needing to convert ut first, I will still use Bitcoin to earn profit. But if it won't totally be used, I think I will move to altcoins since it's the last option that I can choose in irder to make profit in cryptocurrency.

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November 09, 2017, 08:11:26 AM
 #200

i think a country cannot do so, or the government can't, because it is very difficult to track down bitcoin users, traders or seller alike, and any counrty doesn't' have the jurisdiction over an internet based currency, who will they ban? what company? the whole bitcoin? it is impossible.

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