How can a goverment trace you have BTC?

[jakirdj95]

I think all the information about Bitcoin Holder is included in the Blockquare Leader, and I have actually read an article that if you violate any of the scams or transactions, and if you can do any work with Bitcoin, then Bitcoin will be tracked financially easily, which does any work But it is planned for other times related to police blockbay technology and transactions.If a portion of them gets sent to an exchange or any service which does AML/KYC, those coins can be traced to a person.They will be able to do that because most companies require you to provide KYC documents before allowing you to withdraw your money from their company. There were even a few high profile arrests of criminals a while ago who were using bitcoin for something illegal which eventually caught up with them. Use electronic money, such as Perfect money or other payment systems. I think my thought you understood.something which is dangerous for the country then government have no concern with your property or income of every one so you use your income for the good things and business is not illegal activity.

[1714657604]

1714657604

[1714657604]

1714657604

[1714657604]

1714657604

[nagasaking]

From what I understand, the government will be able to track transactions with BTC that you make when you withdraw them at a payment processing establishment / company in your country. They will be able to do that because most of these companies require you to provide KYC documents before letting you withdraw your money from them.

[Netnox]

Bitcoin is not an anonymous crypto-currency and all the transaction records are available from the Blockchain. So if the government authorities want to trace you, then they can do it without much difficulty.

[smile1218]

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 will reveal your identity to government and submitted all your details to them thats the time they can trace that you have bitcoin and maybe they will subject to tax your bitcoin income if your working and bitcoin as your salary. But for as long you do not reveal your identity the government will never know that you have bitcoin possession because all bitcoin transactions are anonymous.

[cryptocurrencyguru]

bitcoin is untraceable and decentralised no governments can trace bitcoin transactions if the investor u special software it cant be traced but at the same time govt use chain analysis software

[bololord]

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 by the wallet that you used like coinbase? but i dont know if how they will track it maybe when you have a lot of withdrawals but tracking btc to you wallet is not good because thats your money and we need to keep it privavcy.

[BitcoinConte]

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.

[Nicoleaustin86]

It is not easy and the Government can not track the owner of bitcoin and only the number of bitcoins can be seen. The cause of bitcoin is difficult to track, because bitcoin has blockchain technology it has a decentralized system.

[dimbaba]

If you can do any work with Bitcoin, then Bitcoin will be tracked financially easily, which does any work But it is planned for other times related to police blockbay technology and transactions.If a portion of them gets sent to an exchange or any service which does AML/KYC, those coins can be traced to a person. 

[Wild_Potato]

If you can do any work with Bitcoin, then Bitcoin will be tracked financially easily, which does any work But it is planned for other times related to police blockbay technology and transactions.If a portion of them gets sent to an exchange or any service which does AML/KYC, those coins can be traced to a person. 

Can be traced, but will be traced? Not necessarily. They don't freely exchange information with tax services at this point, but they could be doing this sometime soon. If they do give this information to the government, it would probably be only the US IRA. That might be shared with EU countries, UK, CA, NZ, AU, etc. but if you are in an emerging economy they probably wouldn't send that information over. Unless of course, you are a "person of interest".

Everything can be traced nowadays, but there is no time. So just don't be interesting.

[OnceTwiceThird]

My country have upload our identity to get and create bitcoin exchange account, we have give correct information from our identity card and we have take picture with our identity, so far if government have connection with exchange market will know how much bitcoin are saving in our account.

[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?

Bitcoin is not in the hands of Government but the medium of transaction of bitcoin which is the internet is in the hands of Government...So they can easily trace that crypto transaction is going on...and slowly they can trace you if you are making frequent transactions.

[ShannonBake88]

I think they cannot trace you. Nowadays, some peoples developed bitcoin mixer so you can use bitcoin anonymously. If you using bitcoin smart enough, you won't be able to be traced by any peoples in the world.

[Nnedaddy1]

There is no known measure in place to trace ones bitcoin . That is why money launders are having a field day in their activities.

[Ykabir]

The exchange of bitcoins using reliable sources ensures the anonymity of transactions, as long as you carefully use Bitcoin there is a really small and dubious probability that the government or other state-owned organization will be able to sue you for it. it all depends on responsible and clever use of this cryptocurrency which ensures us security.

[burky155]

This is imposibble, you don't have any name, address or telephone number in your Bitcoin wallet. So it is secret, you can use your cryptos anonymously. I think this is the best way to send/recieve option. And i believe that's why the bitcoin so unique and special.

[letzdodiz]

Government wont have the capacity to realize that you have a bitcoin in any of your wallet since bitcoins gives its clients and mysterious exchanges. These secrecy is extremely valuable since it empowers us to escape from the charges that is given by government but on the other hand is being mishandled by a few and utilize it in unlawful ways. Following anything from bitcoin would be extremely hard for the legislature as well as to the general population.

[Diane757Clarke]

Does anyone think that through exchanges between stakeholders, the government can detect? That is still my question.

[microwave]

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?

People arrested with provable caused and I think in your case your government is no longer arrest you because in the first place If your government would conduct strictly prohibited to use bitcoin I think in search engine of google itself doesn't pop up because of totally ban from your government and also you did not open the site that has related to Bitcoin because of their strictly totally ban Am I right Sir?

[umar22pk]

If any government want to trace someone having bitcoin or any other alt coins, then it’s not difficult for them to tracked required person.
They can tracked you by your transaction, they can also access you through KYC, they can get information about you from any exchange where you are trading.