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Author Topic: My country banned bitcoin. What I can do ?  (Read 3956 times)
JoctanJoramGar1
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May 21, 2018, 07:13:17 PM
 #81

It all depends on how severely the punishment is in your country. If you can go to jail for using bitcoin, then you need to leave the country. If the penalty is less serious then you need to use VPN or a proxy to work with Bitcoin
Skieleton
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May 21, 2018, 07:23:10 PM
 #82

I love bitcoin and cryptocurrencies. I feel more comfortable doing so and will do whatever that I can to support it. Now tell me how can I work with Bitcoin and cryptocurrencies? Although it is illegal in my country.

My country Bangladesh.

Apologies if this is not the right place to discuss.
Thanks in advance.
Use VPN and there will be no problem. There is always a way out of the situation. Only problematic can be exchange for cash.
investorck
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May 21, 2018, 07:27:18 PM
 #83

The best thing to do is to comply with the Government authorities. They could potentially use violence to make you comply so I advise you to come to terms with them. I believe with time, they will unban it.
bitcoinVPSD
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May 21, 2018, 07:29:35 PM
 #84

Maybe you and I are really alike. My country has banned the payment by bitcoin. But that does not forbid me with  bitcoin. Now I can buy and hold them and sell them at high value for profit. You can study the law at your country  carefully to be able to continue with bitcoin.

bdfoysalhossain
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May 21, 2018, 07:39:58 PM
 #85

It's really unfortunate.
I do not really know what you do in this situation.
In my opinion, you keep your BTC hold on now. Because I believe that Bitcoin will finally accept globally.
dark1234
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May 21, 2018, 07:43:37 PM
 #86

The best thing to do is to comply with the Government authorities. They could potentially use violence to make you comply so I advise you to come to terms with them. I believe with time, they will unban it.
I agree with you as a good citizen, we must follow the rules and policies issued by the government because the government has a reason to behave like that and I hope Bangladesh immediately revoke the ban on bitcoin in the country

nits12
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May 21, 2018, 07:44:57 PM
 #87

Happy to invest in bitcoin

but If a country banned to bitcoin then the reason behind it is that it does not follow the rules of government. Bitcoin is not a bad thing, it is very good to invest in it. To run a bitcoin in any country, the laws and regulations of that country should follow.
Coinlover9
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May 21, 2018, 07:48:28 PM
 #88

Is the ban permanent or are they waiting for regulations
Mazda17
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May 21, 2018, 07:57:01 PM
 #89

If that's the case what you can do is move to a country that provides the legal acceptance of bitcoin. Or else find trusted friends around the world and make your needs fulfilled through them as your country won't accept any kind of transaction happening related to bitcoin.
Good opinion and I agree with your opinion.
we have to find a legal state of bitcoin so we are more comfortable to transact but at least we should find a close friend to relate about bitcoin so we can do it calmly.
tayecrypto
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May 21, 2018, 07:57:58 PM
 #90

If you make income on crypto only... Then I will advice you to migrate to another country that the government does not ban the crypt and start a new life there...Governments are doing every thing to just bring Down crypt.. Which is Never possible for them to do.
dbutp
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May 21, 2018, 08:50:50 PM
 #91

I like bitcoin but in my country, the government prohibits bitcoin. Bitcoin is not used in everyday transactions. I can only invest in bitcoin on the internet.

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yvuj101
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May 21, 2018, 08:54:26 PM
 #92

A government within a particular country will ban an existing asset because of something that asset is doing that this same government sees it as a threat to them. This can also apply to bitcoin. I am very much sure that once the government bans bitcoin, they will put certain policies in place to check the activities of those law breakers. Bitcoin and other cryptocurrency usage or mining being illegal in your country comes with punishment once you are found as a culprit. I will advise that, you can still work and earn bitcoin and other cryptocurrency in your country but you should not do any transaction in your country. It will be better you transfer all your cryptocurrency to a trustworthy friend in another country which accepts bitcoin so that he or she can sell them for you.

Bitcoin has nice reputation I will continue to promote until my own country acknowledge Bitcoin.
peymanrmi
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May 21, 2018, 09:16:53 PM
 #93

If your Country bans Bitcoin, transfer your Bitcoin to a wallet of a foreign country. If you want to cash in, then use third-party services
Bitcoin is like Torrent, peer to peer and you can’t block it. If you have access to the internet, You can use Bitcoin anytime, anywhere!
just with calm continue your activities Grin
kimaru
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May 21, 2018, 09:18:48 PM
 #94

i think most country can ban it but they can stop an idea whose time has come
LuciferEveningStar
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May 21, 2018, 09:20:04 PM
 #95

I love bitcoin and cryptocurrencies. I feel more comfortable doing so and will do whatever that I can to support it. Now tell me how can I work with Bitcoin and cryptocurrencies? Although it is illegal in my country.

My country Bangladesh.

Apologies if this is not the right place to discuss.
Thanks in advance.

There's nothing you can do actually, it only means that you are very unfortunate because there are a lot of people today who are earning a huge amount of profit in cryptocurrency and demand for the government that they should legalize bitcoins on your area.
GeorgiyBilyk
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May 21, 2018, 09:49:26 PM
 #96

I love bitcoin and cryptocurrencies. I feel more comfortable doing so and will do whatever that I can to support it. Now tell me how can I work with Bitcoin and cryptocurrencies? Although it is illegal in my country.

My country Bangladesh.

Apologies if this is not the right place to discuss.
Thanks in advance.


do not worry! I honestly do not fully understand how you can ban what is not forbidden!)))) I think that the situation will soon change, more and more countries and people are opening their doors to the crypto market !!! Soros also said recently that this is evil! in the end, he created a new direction for investing in bitcoin! wait a little bit and soon everything will change!)))

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mrtryonebiggums
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May 21, 2018, 09:58:29 PM
 #97

That is pretty cool you want to participate in cryptos despite the fact it is illegal in your country. First and foremost your safety is everything and I would advise getting a VPN and running it all day every day. I would also make sure I am logged onto that before doing anything crypto related. If you still feel unsecure use TOR or the dark web to keep yourself hidden.

Lady Ong
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May 21, 2018, 09:59:38 PM
 #98

You can use VPN to cover up your location and that will do the trick...
7788bitcoin
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May 21, 2018, 10:04:25 PM
 #99

I love bitcoin and cryptocurrencies. I feel more comfortable doing so and will do whatever that I can to support it. Now tell me how can I work with Bitcoin and cryptocurrencies? Although it is illegal in my country.
If you are interested in investing in bitcoin, you can still invest now with over the counter and the government cannot restrict you from doing that, the only thing the government like to do is to restrict the flow of fiat currency to bitcoin and there are other ways to overcome that restrictions.
Rage
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May 21, 2018, 10:10:34 PM
 #100

just don't do nothing, there is nothing that you can do at all..
A few months ago, i had a friend living on china, and bitcoin was "banned" in there, but everything was as normal as it has always been.

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