How can a goverment trace you have BTC?

[BitBite5]

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.

That is not true. The fact that bitcoin is decentralied has nothing to do with identification. It's the question where and what type ot traces do you leave when using bitcoin.
If you are registered at one of exchanges you also have to provide your ID and other personal data and on the request exchanges have to provide these data to law enforcement. Also, there are some tools that enable tracing transactions so don't think that you are completely anonimous.

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[yurekaa]

the government can keep track of local bank account numbers. every time we withdraw assets from the market then the money is transferred to a local bank account so the government can track if we use crypto. or the government will enter the local coin exchange website system so that all users of the website can be known all the personal data information.

[jayco25]

It is not easy to track bitcoin hodlers specially if you keep you btc to safe wallet. The idea of crypto currencies is to keep your asset unanimously.  Unless you send your identity like KYC of some ICO and Exchanges.


#Support Vanig

[ParveZ219]

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?

You are always using the internet which under the view of Government....you dont have any private network...Now if you are using virtual private network or tunnels then if somehow data leak happens then you will lose the game...So be careful,you can use remote desktop connection also for these...

[cryptochain5]

I think the government can keep track of local bank account numbers. every time we withdraw assets from the market then the money is transferred to a local bank account so it can easily be track through that process

[anitaraymonds]

The world is now a global village. Your government can only get through to you by things you bought online and through KYC you did with some ICO projects. Bitcoin can only be decentralized when your transaction is only P2P  that is personalized. If you are living there do not deal with any online with bitcoin. Trade cautiously.

[raske]

if you are selling BTC for cash, man to man, without using ATMs or similar, there is no way to track You

[jcemos9bt]

The government can trace you if you have a BTC or participating in it by going to the various BTC wallet address imputing your email, phone number they will know also by knowing your wallet addresses, Hope you know some country have email address database and all phone numbers database of all their citizens, so if the government want to know if you have BTC they will known.

[marcosfx]

It all depends on the government itself. Is there a structure that keeps track of all these actions? If it does not, then you should not worry. Everything is O.K. If so, then you should think about transactions, addresses, access to the internet, and other minor details. So you can get around or not get caught on hot.

[asus09]

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'm not sure about this, but I think it's going to be very difficult to detect every citizen in the crypto industry. there should be a special team in the form and in content by many IT experts. so that's not easy to my knowledge. even more so if you use a network-like protection. and the strongest factor is that the bitcoin and other crypto have anonymous properties

[Toraokun]

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?

If you connect to internet and you do transaction, trading or investing. They can track your IP from your device who connected to internet. But i don't think they can identification (or maybe they can, but it will be take more time) who use it if you use the net cafe or changing your IP before using your BTC.

[v3liana]

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?

they check your exchange account. Somehow you will need money to buy it, event though you get bitcoin from bounty they will know when you withdraw your money from exchange. So somehow there is a record of your transaction.

[bitfocus]

when any exchange use KYC - that means that user is open to any government tracking.

[Xenrise]

They do have a lot of ways in order to track if the person has a btc. Hacking, and also tracking. I believe there were certain softwares for tracking.

[marcosfx]

Bitcoin is not traced because its users can make it without giving their real name, so I do not think you can catch them how they know you have btc while BTC does not mention the name of the BTC owner.

Then you should think about transactions, addresses, access to the internet, and other minor details. In some countries, the Internet is devoted to greater security and services can make such things happen. So you can not get caught on hot.

[LinAliza]

The government can only track you if your buy or selling your coins with exchangers that requires kyc or identification. It actually depends on you if you want them to trace you and get you caught for disobeying their rules and regulations.

[Totoky]

Government can't trace the owner of bitcoin as this is untraceable and only just the amount of bitcoin can be seen. Just read the whitepaper and you'll see that bitcoin is decentralized and no one have a full control to it. Nothing to be broad about.

[Jedabucol]

If the government discover my own BTC, I say cryptocurrency is banned.

[AlexAtom]

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?

They will know you have bitcoin if you buy bitcoin from the exchange that required your identity to buy.
Many exchanges will require KYC before you can buy cryptocurrency with your fiat money. This is the way they can trace you.

[lopatcoin]

If your walllet doesnt use SSL then your ISP knows it's yours and thus can inform your government.