Government don't accept Bitcoin.

[LittleBitFunny]

Bitcoin is lucky for anyone. The government wants to stop people from using bitcoin just because they don't get any tax from the people.
There are no restrictions on the use of Bitcoin where I live. People are frequently use Bitcoin and they are satisfied.
I think if the government wants the prosperity of his people then they should be informed people about the proper use of Bitcoin.
There is no point in keeping people from using updated technology.

[Vishnu.Reang]

Our country government don't accept bitcoin. If anyone use bitcoin and know it state police Caught him and give punishment. But i like bitcoin. How can i use it? And I want to explain that bitcoin is not bad for me. How can i successfully explain?

As long as you don't use your bank account to trade in cryptocurrency, the government will be unable to find out whether you own any cryptocurrency or not. But then the question comes how can you purchase cryptocurrency, without using your bank account. There are several methods, but they involve additional markup. One method is to use peer-to-peer platforms (where KYC is not required) to exchange gift cards (which you can purchase with your bank account or credit card) for Bitcoin or any other cryptocurrency. Another method is to send funds (in fiat currency) to some intermediary outside your country. He will purchase cryptocurrency and send it back to you.

[bitbit20]

Our country government don't accept bitcoin. If anyone use bitcoin and know it state police Caught him and give punishment. But i like bitcoin. How can i use it? And I want to explain that bitcoin is not bad for me. How can i successfully explain?

Govt won't accept BTC because they think it is illegal. It is used in illegal works by criminal and money launders. They don't allow to use BTC for users by law in that country.

[angrynerd88]

It is true that government which acknowledges this innovation and governments which are still contradicting the selection. One fundamental reason I think is decentralization. There we talked about numerous times in this gathering to why there are still nations wherein cryptos are not being broadly utilized. Decentralization essentially implies exchanges won't be saddled not at all like in fiat monetary forms or fiat based advanced monetary standards. But I think regularization is as of now in advance through the utilize of third party systems tolerating crypto as a mode of installment. In such way, charges will be force to exchanges which can empower other nations to receive this innovation to develop the economy of the country.

[Noctis Connor]

Our country government don't accept bitcoin. If anyone use bitcoin and know it state police Caught him and give punishment. But i like bitcoin. How can i use it? And I want to explain that bitcoin is not bad for me. How can i successfully explain?

As long as you don't use your bank account to trade in cryptocurrency, the government will be unable to find out whether you own any cryptocurrency or not. But then the question comes how can you purchase cryptocurrency, without using your bank account. There are several methods, but they involve additional markup. One method is to use peer-to-peer platforms (where KYC is not required) to exchange gift cards (which you can purchase with your bank account or credit card) for Bitcoin or any other cryptocurrency. Another method is to send funds (in fiat currency) to some intermediary outside your country. He will purchase cryptocurrency and send it back to you.

I am agree with this never use bank to buy or trade into crypto currency unless his government doesn't have control in it because the information can be breach if government known every transaction are being made this can be a security failure for bank. And how can he buy of invest bitcoin if his not going to buy? Is there any payment method can he use to buy some bitcoin? I think every exchange or bitcoin sites now are required verified your credit card information before you buy or invest, I like your idea on buying gift card but if he has friends/family that he can trust to buy bitcoin for him then it can be easy for him to have bitcoins

[Furious 7]

Bitcoin is lucky for anyone. The government wants to stop people from using bitcoin just because they don't get any tax from the people.
There are no restrictions on the use of Bitcoin where I live. People are frequently use Bitcoin and they are satisfied.
I think if the government wants the prosperity of his people then they should be informed people about the proper use of Bitcoin.
There is no point in keeping people from using updated technology.

The government does not have control over bitcoin because this transaction system is decentralized so there is no third party to collect tax fees from users, technology is increasingly developing transactions with bitcoin, the more the number because quickly we can send without problems, therefore the government must be There is a little want to prohibit the use of bitcoin in its area, but it is true that fighting technology cannot be avoided because we can find out that there are very many bitcoin users around the world.

[Wipeout2097]

Official and financial institutions won't exceptionally effectively get into the utilization and acknowledgment of bitcoin. When we conversation almost any government, it anticipate to have the prime control in its control. This implies the financial income based choices, and other major things. Meanwhile it continuously center on long term plans and continuously keeps the individuals beneath its administration and does everything fundamental to its individuals. In the event that bitcoin is acknowledged, naturally the control is with the individuals and for this reason it won't effortlessly acknowledge bitcoin.

[Yamifoud]

Our country government don't accept bitcoin. If anyone use bitcoin and know it state police Caught him and give punishment. But i like bitcoin. How can i use it? And I want to explain that bitcoin is not bad for me. How can i successfully explain?

That was very unfortunate that your leaders never saw the benefits of having Bitcoin. I'm not really judgemental here but your leaders are blind enough to see the things happening around and I am sure that they know already about cryptocurrency and so much for Bitcoin.
Well, I really don't know the reason for it never been said in your post but what I think here is that they are worried for the future and their greedy souls can't make benefits from Bitcoin than having fiat money with them.

[btctaipei]

Let me lay this out for you:

Here in Taiwan, for example if you are with the current political party and knows corrupt official you have no problem transacting, buy, sell, or mine bitcoin (so easy to get taipower to approve power to your mining farm in the country side).

If you are not part of the corrupt system then sorry.  Police will come after you and take your wealth away.

Let us know if you have any comments, questions, or concerns.

[Janation]

Our country government don't accept bitcoin. If anyone use bitcoin and know it state police Caught him and give punishment. But i like bitcoin. How can i use it? And I want to explain that bitcoin is not bad for me. How can i successfully explain?

Many governments have already started accepting bitcoin as digital assets. It will take some more years when btc will become global currency.

By some countries maybe.

Most of these countries did legalize cryptocurrencies but I don't think it is accepted as a digital asset because we all know how will they react when it comes to something that people would earn and them not getting any taxes from it. I guess this is just mainly for the protection of the people that would use it in their country.

[shane_gr]

In our country, bitcoin is considered a crime and its miners are dealt with seriously.
I still do not know if this is necessary?

[GbitG]

Our country government don't accept bitcoin. If anyone use bitcoin and know it state police Caught him and give punishment. But i like bitcoin. How can i use it? And I want to explain that bitcoin is not bad for me. How can i successfully explain?

Many governments have already started accepting bitcoin as digital assets. It will take some more years when btc will become global currency.

By some countries maybe.

Most of these countries did legalize cryptocurrencies but I don't think it is accepted as a digital asset because we all know how will they react when it comes to something that people would earn and them not getting any taxes from it. I guess this is just mainly for the protection of the people that would use it in their country.

Now bitcoin is not issue because many governments realizes they cannot stop this just because of this now few are feeling on other side and implementing new laws which are working for many like recently I read in few countries they are taking taxes and KYC policy is also working very stick so from this I am feeling hopefully in near future we will have some good number of countries those will accept this and have some good amount in taxes.

[kotajikikox]

Our country government don't accept bitcoin. If anyone use bitcoin and know it state police Caught him and give punishment. But i like bitcoin. How can i use it? And I want to explain that bitcoin is not bad for me. How can i successfully explain?

You can use Bitcoin only for trading purposes since your country is not accepting this or at least p2p if some people in your place as also having Bitcoin or other crypto n their position.

how can you explain this to those people that banned it?they should have different understanding from yours and doing such is a Nonsense for this time being.

better just do your things and let time dictate on what is the future of Bitcoin in your place but for now just do nothing but accumulate bitcoin.

[Easteregg69]

Stop being a revo and you will have no issues. Spend the money on terror and your head will be chopped of.

BTW. Get out of the limelight and buy some DigiBytes. Less controversial.

[Searing]

I'm not sure when it is going to happen, but I've been in Bitcoin since April 13th, 2013 and I'm sure we will have the usual, about, 35% correction or haircut on something.

My current bet is it will be some 'dubious' 'as long as we are voted out of office anyway' unworkable KYC in and out for BTC/Crytpo exchanges and/or something to do

about private Bitcoin/Crypto wallets that are self-hosted. My 'current' bet for this 35% haircut will be due to this large FOMO pump which also will place such in place,

likely ASAP. So the only question is how high will Bitcoin be when the haircut and 35% correction happens...well, who knows. But it has been a constant of such corrections

on dubious regulations or exchanges crashing or whatever..like the pump ...there will be the dump. But damn, it sure would be nice if it happened at an All-Time-High (ATH)

of like $50,000 USD or some such, huh?

Till then enjoy the ride.

Brad

[Debonaire217]

For the people who rarely hearing about Bitcoin, it is just like a product that they did not know so they would not us it. How could you use something that you do not have any background about it? Would you take the risk of using it? The government should have a deep knowledge about Bitcoin so that they would understand how they can be use it, but for the country which hates the Bitcoin, we cannot pursue everyone to deal with it. Let their government rule their country.

[Swopon]

In my country, BTC is not accepted yet. It is not allowed to use but not so restricted as a crime. But if any occurrence happens is harmful to the country then maybe restrictions will apply by the government. I think that in my country BTC will be allowed a little far. Because, BTC is already allowed in the maximum country and wish it will become a legal, first currency in the world.

[DarkDays]

There's. no point pondering about something that will eventually happen. Bitcoin is playing a too major field in order for it to
1) not get noticed and
2) not be introduced by governments at some point.

On that 2nd point, while it may take some time to come up with the regulations at the end of the day in a democratic governments can't do much is the population wants to use BTC. They can't control the people in that way anymore, and so larger adoption even by governments is inevitable.

[militiariko]

Our country government don't accept bitcoin. If anyone use bitcoin and know it state police Caught him and give punishment. But i like bitcoin. How can i use it? And I want to explain that bitcoin is not bad for me. How can i successfully explain?

I do not think it is okay to disobey government laws. THE restrictions means that firms, shops, eateries, etc would be unable to set up a payment solution using crypto currencies. If you cannot exchange bitcoin with fellow citizen; i think you should be able to buy for the long term. Bitcoin will end up being accepted everywhere. Get as much satoshis as you can.

[chanler]

Even in my country, bitcoin is not yet accepted as a legal currency but if the people know that you are using bitcoin, you will not be in prison nor investigated by the government.

The situation in his country may be different in your country. In your country, Bitcoin seems not allowed for payment purposes only, but you can use it for a digital asset. This situation is the same as in my country, Bitcoin isn't fully prohibited but has limitation to use. While in the OP country, Bitcoin is probably fully prohibited to use. Both for payment tools and digital assets as well.