Renampun
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December 14, 2020, 04:01:38 PM |
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There are many countries where bitcoin is not accepted legally, so how do you use bitcoin in that country? Usually if you raise the level of bitcoin use in that country then you may get into legal trouble. So how do you use your earned bitcoin in that country.
since my country prohibits its citizens from selling, buying with Bitcoin, I exchange my Bitcoin for fiat... I exchange from Bitcoin to fiat to get money and so I can cover day-to-day fees. Bitcoin really helps my family's economy.
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Rasel5209
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December 16, 2020, 09:39:48 AM |
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There are many countries where bitcoin is not accepted legally, so how do you use bitcoin in that country? Usually if you raise the level of bitcoin use in that country then you may get into legal trouble. So how do you use your earned bitcoin in that country.
You need to contact your country local government and deceive about bitcoin. Our country don't accept bitcoin but i can sell it mny way for cash. Have many facebook page for bitcoin buy sell.
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jademaxsuy
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December 16, 2020, 10:02:54 AM |
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If it is illegal in your country then pretty sure it can't be used as a digital currency for no one will going to accept bitcoin. However, one could still own bitcoin by holding it as an asset and that is the good thing about bitcoin. No lt even a country banning bitcoin could be able to deteect you especially if you will going to store it offline. These asset can be definitely converted to fiat and can be send to any banka for withdrawal and still government could not found this out.
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Debonaire217
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December 16, 2020, 10:13:43 AM |
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The best way I can use my bitcoins is not to promote it as I need to follow the jurisdiction of the country. What I will do is just to use Bitcoins along with the others that already use them. There's no way that we can induce market adoption if the government itself doesn't want it. But since it was not acknowledged, it was nothing for the government, as if I was holding a worthless digital currency for them but for me, it will be valuable in years. I might be grateful as I will not be convinced to sell my BTC until such time that the government finds its purpose and value. I could be one of the early adopter to that country perhaps, one of the richest cryptocurrency holders.
In short, I will just use my BTC to transact with those who use it.
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Twinkledoe
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December 16, 2020, 11:48:29 AM |
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There are many countries where bitcoin is not accepted legally, so how do you use bitcoin in that country? Usually if you raise the level of bitcoin use in that country then you may get into legal trouble. So how do you use your earned bitcoin in that country.
You need to contact your country local government and deceive about bitcoin. Our country don't accept bitcoin but i can sell it mny way for cash. Have many facebook page for bitcoin buy sell. Yes, you can do the local p2p trading or use platforms like Binance P2P in order to convert your crypto to fiat. Because once you converted it to your fiat, then you can pretty much do anything with your money. Don't force yourself finding a merchant that will accept bitcoin as you are just wasting your time if you are living in a country where btc is not legal.
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Kong Hey Pakboy
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December 29, 2020, 07:23:51 PM |
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There are many countries where bitcoin is not accepted legally, so how do you use bitcoin in that country? Usually if you raise the level of bitcoin use in that country then you may get into legal trouble. So how do you use your earned bitcoin in that country.
Trade in exchange then convert into fiat to withdraw in selected remittance center or sometimes I used it to pay or electric and water bills and buy loads. Bitcoin is very useful to us even not yet fully accepted but we are free to use it. I believe other countries will also allow their community to use bitcoin and other digital currency with freedom. Same here. I also used my bitcoins to pay bills, buy prepaid loads, and gaming pins using our local crypto wallet. It is why bitcoin is very useful to me in my country because I can also transfer it in my bank account and remittances if I would like to sell out my bitcoins or convert it into fiat to use it in my necessities.
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Prince Malik
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December 29, 2020, 07:24:01 PM |
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For now, I simply trade them on an exchange an convert it to fiat. But trust me, maybe in 10 years time, they'll be more use case for bitcoin. BTW, there are online stores that actually accept bitcoin as a means of payment ( see here). So you don't really have to make use of it in a physical store. However, it's only a matter of time. You are right and i believe that by the way we will be able to spend bitcoin to buy our daily stuffs but im not really sure if this can happened all over the world...as you now there is many countries where governements dont care about bitcoin at all
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cr1776
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December 29, 2020, 09:09:13 PM |
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There are many countries where bitcoin is not accepted legally, so how do you use bitcoin in that country? Usually if you raise the level of bitcoin use in that country then you may get into legal trouble. So how do you use your earned bitcoin in that country.
Save it and keep it to protect yourself from the control freaks running that country. That would be my advice. Just don't spend it if it will get you in legal trouble, but it will give you an escape route if the statists in charge there clamp down further on people's freedoms.
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samputin
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December 30, 2020, 11:14:22 AM |
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~
Save it and keep it to protect yourself from the control freaks running that country. That would be my advice. Just don't spend it if it will get you in legal trouble, but it will give you an escape route if the statists in charge there clamp down further on people's freedoms. Good advice. And in addition to that, once you feel like you have saved enough, then maybe you can travel and go to a country where bitcoin is allowed and then utilize it for any purpose which accepts bitcoin as a mode of payment. Book and pay your stay in a hotel; buy goods and other merchandise; pay your bills. There are actually many things you can do with bitcoin. You just find the place where you can use them the way you want. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Coinsfera
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December 30, 2020, 11:35:15 AM |
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By searching, you can find that enough online stores are open to paying with BTC. Such as video game sites, app, and gift stores. The travel and food sectors also belong to this list. You can further spend your BTC to help people in need on the different charity websites available today.
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Bitcoin577
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December 30, 2020, 11:47:20 AM |
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Regret my country didn't accept bitcoin as a payment system but thanks God there are many online store who convert it to local currency I often use online exchange website . these website charges some fee and give you payment in local currency which is very easy and secure. Another good system is binance peer to peer system where we can easily sell our bitcoin and receive payment in local currency.
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Wipeout2097
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December 30, 2020, 08:25:44 PM |
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Numerous nations still have a few exceptionally cruel laws when it comes to bitcoin, I truly think this around the alter, it appears we are as of now within the following bull run and on the off chance that it is as enormous as numerous individuals guess at that point we are bound to see an incredible growth that's planning to bring bitcoin once once more to the center of the discourse of the leaders of the world, bitcoin cannot be overlooked any longer and bitcoin cannot be banned they need to acknowledge the reality that this modern coin exists and they will need to acknowledge it whether they accept or ignore.
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ninabobo
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December 31, 2020, 03:18:43 PM |
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Utilizing bitcoin is anything but a serious deal. In my nation, I favor utilizing exchanging stages and PayPal. The greater part of the bitcoin use from wallet goes towards betting and for long haul holding. Upon this, I don't feel any intricacies on utilizing bitcoin. As I have simple admittance to purchasing bitcoin in return for PayPal a similar sum can be moved to the ledger for different utilizations.
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Axelseseclevz
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December 31, 2020, 05:17:27 PM |
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In our country, we can use bitcoin freely even it is not yet fully accepted of our government. In your case, much better to keep your bitcoin safely in your wallet, don't use it to avoid any problem in your place instead just wait that one day your government will acknowledge cryptocurrency and allow the community there to use bitcoin.
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Little Mouse
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December 31, 2020, 05:51:17 PM |
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In my country, bitcoin is illegal and there's no direct way like banking to buy sell cryptocurrency. Like many other users, I also have faced a lot of troubles at the beginning but at this moment, it has been easy to buy/sell bitcoin. I have built my local community, in fact, I have built an environment of buyers and sellers. There's no way to spend the BTC directly, we sell to local users and spend fiat. Now, Kucoin and Binance also have p2p trading for Bangladesh which made bitcoin trading more easier.
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finaleshot2016
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December 31, 2020, 07:26:29 PM |
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There is much use of bitcoin even it's ban in your country such as international transactions.
There are plenty of platforms nowadays that accept bitcoin as a transaction payment method so you can use that there. There's no much difference between a country that bans bitcoin and a country that doesn't have any support from any community or the government. Some people are just selling it at a high price and convert it into fiat, how? there are many ways and existing platforms that can be used.
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robertjack
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January 01, 2021, 08:56:58 AM |
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There are many countries where bitcoin is not accepted legally, so how do you use bitcoin in that country? Usually if you raise the level of bitcoin use in that country then you may get into legal trouble. So how do you use your earned bitcoin in that country.
hi there! Bitcoin is a Digital currency. Now a days, bitcoin can be used in many different ways.There are now a lot of bussinesses accepting bitcoin payments in several countries. some stores are giving reward, if you pay them in bitcoin. so now pay in bitcoin and enjoy your reward. happy new year!
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Crptomagma
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January 01, 2021, 02:12:27 PM |
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It’s unfortunate that some countries in the world are still considering and fighting against bitcoin technology and in such case I would advise the bitcoin enthusiasts in such country keep his/her bitcoin application and wallet in well secured device where he/has had only the private key to such storage so to avoid being sucked by the unfavorable government policy for bitcoin enthusiasts.
And it’s better to easily convert your Crypto into fiat to avoid the legal charges for bitcoin.
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GeorgeJohn
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January 01, 2021, 02:30:06 PM |
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There are many countries where bitcoin is not accepted legally, so how do you use bitcoin in that country? Usually if you raise the level of bitcoin use in that country then you may get into legal trouble. So how do you use your earned bitcoin in that country.
Since they have not legalized or adopt bitcoin in such country, I think the best option is to transact in secret in order to create firm and also make bitcoin popular, because I tried to understand that bitcoin is dominating all over the world and is no longer difficult to create bitcoin awareness in a country that does not accept bitcoin.
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3meek
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January 23, 2021, 05:30:52 PM |
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I used to hold bitcoin for long haul speculation and sell them when the cost goes up. Government as of now against it and capturing individuals who are utilizing it, that is the reason I can not spend it somewhere nor I can buy anything from any online store. I likewise spend it on betting sites to make it twofold and store them in my wallet. I wish the government lift the ban and let their people utilize it online as well.
I don't know what government you're talking about, but most countries in the world do not ban bitcoins... And some websites have long been allowed to use bitcoin and other cryptocurrencies... If we talk about the states - I think that very soon they will be more friendly to cryptocurrencies! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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