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Author Topic: My country banned bitcoin. What I can do ?  (Read 3956 times)
waroenkshisha
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July 30, 2018, 11:49:45 PM
 #1021

In some country you will face it (butcoin prohibited), but i think no need to worry or panic, because so many ways to do to withdraw bitcoin for example : you can withdraw the bitcoin into USD first after that withdraw the money through paypal. What i know paypal is legal in all country right? Or you can withdraw bitcoin by western union. So the Conclusion, no need to worry or panic about this issue.

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LigwagGanern
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July 30, 2018, 11:53:23 PM
 #1022

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 bitcoin was banned in your country you need to find other ways to earn more bitcoin. Even it is banned in your country you can still use bitcoin because it is prohibited by the use of payment. Make sure that you can convert your bitcoin into fiat money.
Sand King
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July 30, 2018, 11:57:10 PM
 #1023

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.
For me it is really dissapoiting that your country banned bitcoin because bitcoin and other cryptocurrency is a good investment but now the only thing i can advice to you is to wait until your country makes bitcoin legal again and then now you should find where to invest your money.

yohananaomi
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July 30, 2018, 11:57:22 PM
 #1024

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 cant provide the figure of the countries that banned bitcoin but i think only few are not accepting because most of the countries are supported on using it.

it seems our colleagues from bangladesh want help asking how to work with bitcoin and cryptocurrency instead of asking for other lights.
I have not known how, hopefully many other colleagues will help you.

osmo
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July 31, 2018, 12:17:33 AM
 #1025

your country may ban bictcoin only temporarily, if more and more countries have legalized bitcoin then your country will legalize it also in the future, as a good citizen you have to follow government regulation of your country, if you violate maybe you will be punished, more you wait your country legalize bitcoin, hopefully your country soon legalize bitcoin

_navoj
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July 31, 2018, 01:38:29 AM
 #1026

If you really love bitcoin, move to a place where it is legal. Then you can continue and work on your passion.
princeyeboah
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July 31, 2018, 01:41:35 AM
 #1027

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.
You can move out of your country if Bitcoin was much lucrative for you and you love it as you claim. If not, then you can use escrow market which may come with a few extra charges to trade with your Bitcoin in Bangladesh.

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July 31, 2018, 01:43:02 AM
 #1028

You cannot do anything because it is the decision of the government
elwiswoodie
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July 31, 2018, 01:48:07 AM
 #1029

Bitcoin is decentralized, how can the government know that we have Bitcoin?
is not there still a gap of every rule made by the government?
or maybe you can try using a VPN to access your wallet
KrishaBitcoin
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July 31, 2018, 01:51:05 AM
 #1030

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 your country blocks all the entry point of Bitcoin internet like the sites , local exchanges and the banks then sad to say that you could not join this investments except if you could use VPN that could avoid these blocking but if the law of the banning is so harsh like the consequence is improsonment or anything that may harm you then better do not join this investment anymore or you may leave the country.

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kingofworld92
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July 31, 2018, 02:07:42 AM
 #1031

the government only can ban bitcoin, they can not destroy it. Therefore, it still acts, do not worry
nealdlover
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July 31, 2018, 05:12:05 AM
 #1032

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.
Your country banned from entering the Crypto market is just wanting the people not to influence too much to the traders and you. Besides, you should continue your work and do not give up on it. The government can not do anything for us because it is an anonymous market.
CryptoSmile
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July 31, 2018, 05:18:28 AM
 #1033

If your country prohibits bitcoin, then you should not use bitcoin. Because if there is a ban it means there will be legal sanctions for those who violate the ban, but if you are prepared with risk, it is your choice. I think in addition to bitcoin, there are many other investments that can benefit you, you have to make other investments that are not prohibited by your country. Maybe that's the best I think, for you to do.
Tinker18
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July 31, 2018, 06:18:31 AM
 #1034

 I think in the event that I don't utilize bitcoin in wrong path at that point there is no issue by any stretch of the imagination. Additionally the principal world nation like Japan, Germany, Korea, UK
bangkecol
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July 31, 2018, 06:23:51 AM
 #1035

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 it's fine if you work or run a business through online, this does not violate the rules set by a country unless you start a business in your own country with a bitcoin payment system, maybe this will be a problem.
casternetwork
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July 31, 2018, 06:26:13 AM
 #1036

If your country bans Bitcoin, I think the simplest solution is to negotiate with the Bitcoin government. In the past, my country had a group of people who offered to negotiate with the government about the benefits of Bitcoin and then the government in my country lifted the Bitcoin ban.

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Mao siro
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July 31, 2018, 06:29:34 AM
 #1037

Theres some country prohibits the use of bitcoin because they use it for illegal transactions. If your country banned it, you can wait until your country terminate the banning of bitcoin. Or you can go outside country and live there where bitcoin is legal.
bagaiskwpps212
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July 31, 2018, 06:40:19 AM
 #1038

I really do not understand why Bitcoin is banned in some countries. However, in your own country, if you still have a passion for using BTC, use a safe electronic wallet and store them. And you should have faith, I think Bitcoin will be legal in every country and have a place in the electronics market.
Charles_Summers
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July 31, 2018, 06:47:47 AM
 #1039

I totally understand your circumstances. Not from experience though. It is really great that you love and understand the concept of cryptocurrency. Especially coming from a country like Bangladesh. Unfortunately, I will advise that while you still live there, you should abide by the rules. Even if you disagree with your government's decision, it is right to abide by the Law. So, really, I don't see much that you can do. You can hope anyway that the verdict is reversed or reviewed. And this I suspect might happen in the future. In other news, you could consider migrating. Not for the sole purpose of trading or investing in cryptocurrency, of course Grin
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July 31, 2018, 07:25:36 AM
 #1040

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 your country has declared  totally ban with all cyptocurrency you have nothing to do that sir all you have to do is to follow the rules and regulation to your government to avoid bringing you in jail because of that violation.
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