Metall303
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Oikos.cash | Decentralized Finance on Tron
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August 20, 2018, 09:54:48 AM |
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The government will not be able to check your presence of crypto currency. But there may be problems when exchanging for fiat money. If the crypto currency is prohibited by law, then read the law.
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"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
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delphic
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August 20, 2018, 10:18:28 AM |
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I think that you can catch the owner of bitcoin only if he tries to sell it by hand or cash.In other cases, it is almost impossible.I do not understand why cryptography can be banned?This direction should be developed, not banned.
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Laura45Banks
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August 20, 2018, 10:55:40 AM |
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Those countries with good network security, I think not too hard to test for prohibited transactions.
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maminelly
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August 20, 2018, 11:00:33 AM |
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if you want to find you in bitcoin, the government simply track your bitcoin wallet and if you register your account when entering or verifying with your original address and photo, because bitchin with Blockchain technology has a decentralized system....
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sacred32700
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August 20, 2018, 11:07:05 AM |
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Usually the government has a access to all of the computer and data from over the world they get the highest rank persons about technology to know and identify the person they want to know and also to observe they can also trace your I.P Address if they want to know something to you.
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ammo121810
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August 20, 2018, 11:24:10 AM |
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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?
Government can trace your bitcoin if you had submitted your personal details to the government and stating that you owned bitcoin. With that declaration the government may impose taxes for every transactions that we are about to make. |
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Ekimzjames20
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Merit: 10
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August 20, 2018, 11:53:09 AM |
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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?
Government can trace your bitcoin if you had submitted your personal details to the government and stating that you owned bitcoin. With that declaration the government may impose taxes for every transactions that we are about to make. I think government can't trace you, because it is a digital currency. That's why many bad people used in eligal transaction, it is an anonymous. |
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Btcmicel
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August 20, 2018, 12:02:15 PM |
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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?
Government can trace your bitcoin if you had submitted your personal details to the government and stating that you owned bitcoin. With that declaration the government may impose taxes for every transactions that we are about to make. I think government can't trace you, because it is a digital currency. That's why many bad people used in eligal transaction, it is an anonymous. It is difficult to trace that you have a bitcoin. Unless government can discover or make a machine than can detect bitcoin or bitcoin detector. |
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Experia
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August 20, 2018, 12:18:44 PM |
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that is the reason why government against with cryptocurrency because the fraud and money laundering might be the major problem in the future that is why they want to regulate it for security purposes.
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osmo
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August 20, 2018, 12:37:09 PM |
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it's very easy to track your bitcoin transactions but if you use KYC when buying bitcoin, but if the purchase is peer to peer it will be difficult to track because there is no identity of the owner of the bitcooin address wallet
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KseniaLard
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August 20, 2018, 12:50:47 PM |
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Yes, guys, the government will be able to track transactions with BTC that you do when you cash it in processing payments in your country. They will be able to do this because most of these companies require that you be the data file itself before allowing you to withdraw your money from them. This is one of Bitkoin's good characteristics - his decentralization.
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hacsoi2799
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August 20, 2018, 02:00:05 PM |
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The block chaining technology can protect you when you invest in bitcoin, but it can not protect you when you exchange bitcoins with the trader because the government may be tracking your wallet. Be careful boys.
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SeVenlast
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● KEEP CALM & HODL ●
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August 20, 2018, 02:22:58 PM |
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This is easy because they can track you in the withdrawal of money you make with the country's bank.
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HeXecutor
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August 20, 2018, 02:34:27 PM |
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Well, in fact, bitcoin is anonymous ... you can not say that it's 100 percent, but with a huge probability no one will track you down. But generally there are currencies that are much better suited for anonymous payments. For example, a monero, it will be much safer in your situation, when the country has forbidden the credit. So think about it.
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boksoon
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August 20, 2018, 02:41:28 PM |
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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?
Government identified the user if they totally manipulated of exchanges and wallet providers in every country. If not don't you worry they do not arrest you and you are frelly to use. |
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cardo
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August 20, 2018, 02:44:34 PM |
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I don't government can trace peoples who have Btc even if they send payment they can't really trace you cause one of the features of BTC is to have an anonymous transactions this is one of the reason why many businessman wants bitcoin cause they can literally send payments overseas in very fast time and with no tax.
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itzura
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August 20, 2018, 02:51:16 PM |
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I think the only way is to track the IP address behind every bitcoin transaction. As far as I know bitcoin does not protect the user's IP address. This can be linked to the user's transaction in real time
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gulshan1
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August 20, 2018, 03:12:49 PM |
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If government know about your bitcoin address then they can check easily only your all transaction of bitcoin transfer by the blockchain.info, but they can not do any thing with the account address. And with the bitcoin wallet address they can not identify the name of owner, because bitcoin address does not mention any name,address, or country of owner.
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Starmoon86
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August 20, 2018, 03:29:29 PM |
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Once the weak hands are gone and that newbies are not investing anymore because they are afraid, real investors who know Bitcoin will get to have a huge advantage. They can invest their entire fortune into BTC and hold until it finally returns to a bullish trend, but the fact is that very few people want to risk absolutely all of their money like that. A lot of the people that sell Bitcoin now are simply selling their weekly/daily earnings whilst you can be sure they still have a fair stash of it locked away for a rainy day.
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pangitkaayo
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August 20, 2018, 03:29:59 PM |
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I think it depends how you put informations about yourself, there is a lot of ways that they can track especially if you put your address or your profile, just hide your identity bitcoin is decentralized so they can't track your transactions. But i will give you an example bitcoin wallet is pseudo-anonymous, not anonymous.
If Alice sends a transaction to Bob, and Bob knows Alice was the sender, then Bob will also be able to see all transactions that Alice makes from her wallet. That's my point so it depends to you now, on what will you do if that's the case.
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