How can a goverment trace you have BTC?

[jayveerastrullo]

Government does not have the capability or power enough to trace your account. If you read the terms and conditions it says that your btc is private that no one can check your balance aside from yourself. But if it is a national emergency where yoy used bitcoin to scam other people with huge amount then they can have some action like checking your activities.

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[adejoke444]

This is not easy to track or trace but i believe some countries with high technology will be able to trace their citizens activities online...

[duc4487]

As bitcoin is a decentralize currency and the trading form is quite different, it seems like people who owns bitcoin are anonymous to the government, the only to track it down is through the currency platform, but unless the owner of coin provide their information, it is hard to track

[Mozi moon]

Bitcoin or any other cryptocurrencies are online, even wallets are.  No one even the government would know about your account unless you reveal it.  So it is better to take good care of your accounts to protect it

[franciscoDC]

I think by the TX hash of your transaction, they will know you if they want so as for sure do not put you strong identity in public even basic identity and it will remain anonymous if no one can know your identity.

[sitnibtc]

i don't think it is possible to be tracked. nobody can track you unless you reveal yourself

[silviyako]

they cant. it's part of the anonimity of bitcoin. unless you reveal yourself, that the only way they would know

[Juggy777]

Well they cannot trace it, so far there's no way to trace it that's why everyone loves bitcoins lol. Governments can try scaring you but fact is they cant do anything there's no way to catch you. However that said if you openly display your coins that can create a issue for you. So remember never tell people that you do trade in bitcoins for your own safety.

[allthebitandbobs]

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?

when u cash out that is when u have to be very careful .Most exchanges require ids and such when u cash out bitcoin .Maybe set up a bank account in a foreign  county next time your on hoidays .When u what to cash out just tell the person to deposit into that bank account

[Heidim]

Here in my country I think they will work with our two exchanges and the banks. The banks can track the funds to our exchanges and then when you sell off for some profit or just sell you get your funds in your bank account. At the end of the year you have to declare income and so they will find you. 

[andy_gpu]

If you did not transfer your private keys to the state, it seems to me no way of knowing.

[ansarose1]

In my own idea, the government knows and traces you if you have btc is by signing up in some online wallet address, here in our country we use coins.ph, upon signing up you will give your true identity with an id picture and selfie verification, in that case the goverment really knows you are in a btc.

[arlington]

if you are registered on a centralized exchange with your passport and other legal documents of your country and if you login to sell or buy from those exchanges, you would expose yourself as one example.

[Lucifers]

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?

of course with ip from your computer the government knows it. because the increasingly sophisticated era of ip tracking is now very easy if you want to learn it. especially if your government insists on banning bitcoin in your country.

[sammyp]

Government can relate a particular wallet to the amount of bitcoin being held by the owner but it will be very difficult to identify the owner. Bitcoin wallets are free and easy to create this one person can own a number of them. Government will be aware of the existence of a wallet but not who owns the wallet.

[hollowdoor]

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?

of course with ip from your computer the government knows it. because the increasingly sophisticated era of ip tracking is now very easy if you want to learn it. especially if your government insists on banning bitcoin in your country.

There is no way mate govt will not know about if you buy bitcoin or other crypto currency. If they have news from other persons then they can trace you down with IP address.

[miyat23]

Government can trace you if you reveal your true identity like photo, address and different important informations related to you through KYC, mostly ask in participating on airdrops and bounty, but if you are earning bitcoin through exchanges, I think they can't trace you. Just avoid the exchanges asking for KYC and authentication. Since bitcoin transaction are anonymous, no one know you are a bitcoin holder unless you reveal.

[Deathgamer]

Well if youll just earning bitcoin from trading and signature campaigns I dont think government can trace that you have BTC because you did not show your identity the reason why it is safe to investors and government cant trace it.

[Tommy len]

As far as I know given my not so wide knowledge here in the crypto currency community, there no way that the government will be able to trace a certain people if he or she is having a Bitcoin. Because first and foremost, the Bitcoin is a decentralize which also has a peer to peer transactions. Unless you say it yourself to the crowd that you are a Bitcoin user.

[xvids]

I think the government couldn't really track you down unless you are using a Bitcoin wallet which needs an I.D or KYC to be used.
And the government couldn't know it unless you would say it out loud that you are a Bitcoin owner or earner.