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Author Topic: My country banned bitcoin. What I can do ?  (Read 3987 times)
4rzun4
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June 06, 2018, 05:38:20 AM
 #241

If indeed in your country has issued a rule of law regarding the prohibition of the use bitcoin, then I think as a good citizen and obedient to the rule of law you must obey the rules that have been issued by that your country .But if you do feel very necessary and very loving bitcoin so you have to keep using bitcoin, it is your right, but of course the rule of law if it is violated and is known to violate the law of your country regarding the use of bitcoin, then you should be ready to face the legal consequences. Or you should move to a country that legalizes the use of bitcoin if you really love bitcoin, faithful and fighting for bitcoin. That opinion I have hopefully can help you, because in the end the last decision in your own hand.
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June 06, 2018, 05:39:06 AM
 #242

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.
I think your transactions will be safe and will not be affected too much. You can contact some sites to receive electronic money transactions. They will help you convert from coin to cash.
My country banned Cryptocurrency but I still make money from the daily market. The transactions are anonymous and the government can not control us.

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ruthbabe
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June 06, 2018, 06:11:30 AM
 #243

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.

Yes, I know that cryptocurrency use in Bangladesh is illegal and/or prohibited thus anyone caught using it could be jailed under the country's strict anti-money laundering laws. But still, its usage and crypto trading remains unabated despite the prohibition there are news reports that say bitcoins are being traded in Bangladesh through banks, and other methods of mobile banking and this one is an example, https://localbitcoins.com/country/BD


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June 06, 2018, 06:13:20 AM
 #244

you can do investment or trading with bitcoin in online. When you get profit you can convert in your legal currency.
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June 06, 2018, 06:19:58 AM
 #245

My country ban bitcoin but all activities of the individual are normal. If you don't have to set up a cryptocurrency company, there is nothing to be afraid of when you want to do something.
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June 06, 2018, 06:22:42 AM
 #246

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.
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June 06, 2018, 06:25:25 AM
 #247

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.



Actually if Government will give an ultimatum and totally ban of bitcoin using the article number which is ordered  and regulated by the court even in the Bank connected by bitcoin and any agencies that has operated using bitcoin is totally closure? we have nothing to do that sir we will will wait until the government  has amended to the circular number of article blablalbla to open and available again to use bitcoin in your country. that's the big problem because I know that you have a Bitcoin Stock in your wallet.  

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June 06, 2018, 06:31:28 AM
 #248

As long as you can still access the exchange site and this forum need not worry too much. You just need to be quiet and do what you normally do on bitcoins. Unless the government in your country closes and block all bitcoin-related access then it seems you can not do anything.
OriginTrain
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June 06, 2018, 06:52:38 AM
 #249

The beauty of blockchain is that it cannot be banned. So in essence, nothing to worry about.
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June 06, 2018, 07:07:07 AM
 #250

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.

You should not worry about banning bitcoins in your country where there are still places where you can buy bitcoin if your child is using them so you can buy it if it's not where.



Apologies if this is not the right place to discuss.
Thanks in advance.
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June 06, 2018, 07:13:26 AM
 #251

As long as you can still access the exchange site and this forum need not worry too much. You just need to be quiet and do what you normally do on bitcoins. Unless the government in your country closes and block all bitcoin-related access then it seems you can not do anything.

this is the important thing that we should know because if his government banned the sites then you cannot work in the cryptocurrency. but I think his government doesn't want to block all internet access because this will makes many people become angry. you could still save your bitcoin in your personal wallet but maybe you need to find a help from the other when you want to withdraw the bitcoin.

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ThunderCatSteve
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June 06, 2018, 07:13:48 AM
 #252

As long as you can still access the exchange site and this forum need not worry too much. You just need to be quiet and do what you normally do on bitcoins. Unless the government in your country closes and block all bitcoin-related access then it seems you can not do anything.

this is the important thing that we should know because if his government banned the sites then you cannot work in the cryptocurrency. but I think his government doesn't want to block all internet access because this will makes many people become angry. you could still save your bitcoin in your personal wallet but maybe you need to find a help from the other when you want to withdraw the bitcoin.

If you have ever invested in any crypto then this is because you have seen an ad or a banner or something in the internet about that ICO or another crypto then this is because you saw something. Banning cryptocurrency ads and in social media is not a good thing, how will people get informed now if they spent most of the time in social media?
I think China and other countries is censoring Cryptocurrency Ads on Search Engines and Social Media because Mark Zuckerberg has started banning too into the Facebook but nobody can stop cryptos.
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June 06, 2018, 07:15:24 AM
 #253

Do what is best for you and can give happiness to you and your family. Does your country can meet your financial needs and meet the needs of your family, I'm sure your answer would not. For that if you love bitcoin and you think bitcoin can give happiness for you and can meet the needs of your family life in financial matters, then I think you continue what you have done and focus in seeking profit through bitcoin for your future and your family.

Domino68
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June 06, 2018, 07:20:10 AM
 #254

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.
BarbieCasino
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June 06, 2018, 07:29:55 AM
 #255

My country ban bitcoin but all activities of the individual are normal. If you don't have to set up a cryptocurrency company, there is nothing to be afraid of when you want to do something.
thieir are so many countries who banned bitcoin just like your country but that countries are undeveloped countries they don't have advanced technology for identify the crypto traders that's why no one afraid from legalize the crypto currency because crypto currency have anonymous  transaction.

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June 06, 2018, 07:58:28 AM
Last edit: June 06, 2018, 08:45:41 AM by fritzvillarin
 #256

I remember my sister  back in 2015 she is working abroad. There is no local exchanges where she could buy bitcoin and she is only  noobs in crypto before. She is  using some exchanger to transfer money from her bank to neteller or perfect money. Then she will use bestchange.com find good exchanger where she could change her perfect money to BTC.
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June 06, 2018, 08:04:04 AM
 #257

You better contact with the govt authority to know the reason clearly. They might restrict it to set laws. If it is for setting laws you should wait till the approval of transaction by following the laws.

As if government will listen to a single person or entity. The people of that country must be united so that their government will think it twice to their decision and they may come up with the solution better than banning cryptocurrency.

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June 08, 2018, 06:19:02 AM
 #258

Who did'nt knows bitcoin? Bitcoin is very popularity in the world, i dont think so it can be banned but the times come it be banned i can do is to apologized about the issue regarding into the government.
When they banned them all have their causes. They always think that BTC always brings bad things to their country. I am also a member living in a country that does not accept BTC, but this does not affect my passion. I still earn income from BTC, I do not need to hold the BTC for any purpose other than make a profit.
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June 08, 2018, 06:26:49 AM
 #259

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.
if the state and government forbid we can not do anything, in my country the government has not fully legalized bitcoin but prohibits to do bitcoin transactions directly

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June 08, 2018, 06:28:47 AM
 #260

I do not know what you can do right now if your country ban bitcoin I don't know how is the limitation to access cryptocurrency. But I hope soon your country will unban bitcoin or cryptocurrency because it's not good to the citizens of your country because mostly for sure they earn money because of the bitcoin.
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