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Author Topic: My country banned bitcoin. What I can do ?  (Read 3956 times)
dongyi17
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June 13, 2018, 05:14:30 PM
 #341

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.
The Government of your country have law and they follow and create that law, its better to follow that laws, If many people in your country shout that the bitcoin is good for the country in legal base or court, hopefully your Government hear your petition.

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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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Jet Cash
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June 13, 2018, 05:21:41 PM
 #342

I haven't read all of this thread,but I did read this article -
https://www.dhakatribune.com/business/banks/2017/12/27/bangladesh-bank-ban-bitcoin/

It appears to be the central bank that has banned Bitcoin, and not the Government. Has anybody clarified this point in the thread?

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Kristina_2805
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June 13, 2018, 05:25:17 PM
 #343

Yes, governments can shut down websites, they can arrest exchange owners, they can make onboarding hell, they can tax it as capital gains. Governments cannot stop an idea whose time has come. There is still great potential for cryptocurrencies to flourish. Crypto will soon be as liquid as paper banknotes today! Need proof? Check Paytomat. It’s a decentralized platform which incentivizes businesses and customers to accept a wide variety of cryptocurrencies, while simultaneously bringing liquidity to those currencies.
Antonina
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June 13, 2018, 05:34:11 PM
 #344

nothing can be done. Sit silently and all. I'm only for all countries in the world to prohibit bitcoin. Because there is a massive degradation of people with it
Noilee
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June 13, 2018, 05:37:25 PM
 #345

The best thing that you do just follow the rules of your country. But if you can travel, you can use it in other country. But don't lose hope maybe someday your country will legalize again bitcoin. So keep it for a long time and hold it. You nothing you can do with this decision of your government. Don't worry about it until you have a secured wallet it will not lose its safe.
domerosan10
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June 13, 2018, 05:45:26 PM
 #346

Bitcoin is electric money and bitcoin also can not be set by anyone what else the government can not regulate bitcoin. So if in your country you can not use bitcoin, you just stay silent.
Corsicoin
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June 13, 2018, 06:00:07 PM
 #347

Did your country also baned Internet?
I live in France and it's hard for me to believe it's possible to ban Bitcoin.
I mean maybe you connot withdraw cash right?

If so, you can PM me, I have tons of solutions !  Cool Cool

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June 13, 2018, 06:12:28 PM
 #348

The government needs more time to set up the law in order to manage cryptocurrency in this country. Because this market is very complex and risky
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June 13, 2018, 06:28:14 PM
 #349

it's been a long time that bitcoin is banned in my country but it's all happening and bitcoin is widely recognized by the wider community until many people get bitcoin and the government has issued a ban on bitcoin circulation but this will not stop the bitcoin population which will be increasingly preferred and sought after by all those who have holding it Wink
Sandijoee
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June 13, 2018, 06:31:42 PM
 #350

If it does happen to you, you can just move to a country that can accept bitcoin. Because if you want to get a big profit, I think dar bitcoin we can profit enough. And you can change your life if you use bitcoin in a country that already received bitcoin or live a new activity in another country.
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June 13, 2018, 06:35:01 PM
 #351

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.
Personally you probably can't make global, change a decision you will not succeed anyway but to influence public really, you can certainly deistvuet illegal, but I advise you not to.
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June 13, 2018, 06:35:51 PM
 #352

Maybe the best thing you do go out in your country and come to another country that accepts cryptocurrency freely. That will make sense for you so that you will not always worrying about your coins and business in crypto.



I think that's not fair and you have to hide it. Do not forget that even the US, at some point in their history, ordered its citizens to give all their gold to the country. Not much they can do, because it's hard to hide gold, but it's not the same as BTC.
I believe that bitcoin will eventually get global adoption, and even the countries that ban it now, will change their laws again, once the major developed countries (such as the US, Japan, Britain, etc.) start trading with BTC. Once they do that, you will be able to use your BTC again.
I guess I do not really know what I would do in your situation. If you already have bitcoin, I think your best approach is to put it in a cool wallet and leave it there. Do not sell or give them just because it's illegal.
sergeykravcov177
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June 13, 2018, 06:40:07 PM
Merited by sashulya7979 (2)
 #353

In your country did not prohibit the development of the crypto market, and prohibit the emergence of a new iso! Now, while the crypto market is not controlled, many rogues have appeared from here who want to cheat and steal our money! your state wants to protect you from bad people! Bitcoin and all the crypto market want to start at least somehow regulate, so that there are less scammers! I am sure that many countries and people are actively involved in the development of Blochkchain Technologies! all perfectly understand that this is the future, and that a new information and digital era has come! all those who are against the technology Blocchkayn, these countries will be far behind! many companies that will not use Blochkchayn technology, in 10 years will simply cease to exist! in every country there are companies or people who implement this system! a lot of big German banks do not hide the fact that you can earn good money on the crypto market, so they trade there! International Monetary Bank launched 3 projects - support of African countries with the help of Blochkchain Technologies! and they have repeatedly talked about the introduction of this system, these are very serious people who can change the entire world financial order! In 10 years the world will change very much, thanks to the Blochkchain system, and we are at the very beginning of development! those countries that prohibit the development and promotion of the crypto market will long catch up with other countries! but I'm sure that the legalization of the biktoin will soon be in all cities and all countries!
Larva14
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June 13, 2018, 06:47:06 PM
 #354

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.
If this thing happened to your country you free to transfer to another coutries where bitcoin was legal and allow to use. On the other hand, some countries banned bitcoin simply because they can't control or manipulate it. Lastly, I hope this thing won't happen in my country.
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June 13, 2018, 06:54:52 PM
 #355

in my country it is likewise disallowed this bitcoin, by one means or another I don't have the foggiest idea, yet there are a few causes that our administration states how virtual trade devices, for example, bitcoin high danger of tax evasion and financing psychological warfare .no dependable specialist, no official overseer, no basic resource basic the virtual cost of monetary forms and fluctuating exchanging esteems ​​so defenseless against hazard expansion, "Not just that, BI additionally restricts all administration providers payment frameworks and money related innovation suppliers in Indonesia to process installment exchanges utilizing virtual trade instruments, for example, bitcoins. that is, bitcoin will never again be utilized.
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June 13, 2018, 06:55:33 PM
 #356

In my country also forbid bitcoin but not completely and just have to be more careful, especially in investing because if wrong will harm yourself and not abused.
and what I'm doing now is making good use of bitcoin as long as it's not completely forbidden, because bitcoin has helped me a lot and made me better. and I hope bitcoin is acceptable in my country.

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jeffer8035
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June 13, 2018, 07:01:08 PM
 #357

the truth is that there are always governments that want to intervene in the bitcoin and they are not going to popod because this is not only in a country it is global and nobody will stop working and so many bitcoin and you move out of a country if they do not allow it and many ways to change it internationally you just have to investigate

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June 13, 2018, 07:22:41 PM
 #358

you can use local bitcoin where in your country peoples buy and sell bitcoin it is more secure you can made transaction face to face. your country government will cannot do any thing because didnot know about what you do. in my country government also banned bitcoin but it don't effect on us we are do trade just like before banned we done.
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June 13, 2018, 07:29:29 PM
 #359

I can only advise to replace the country and to be engaged in cryptocurrency in her. And in general what measures they undertake to learn that you use cryptocurrency?

Any posts from me that were posted in Russian were NOT from me. A cykablyat obtained my forum login details when they were leaked, I was inactive from the forum at that time.
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June 13, 2018, 07:30:14 PM
 #360

You can still trade and buy bitcoins normal as always. In my country have also banned bitcoin like in your country. But it seems the government does not know we are investing in bitcoins

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