How can I survive in a place where BTC is restricted?

[cheezcarls]

I know that there will always be loopholes for people who are citizens of those anti-crypto countries. They can be creative or thinking outside of the box, but it’ll be tougher for them to live a crypto life in an anti-crypto country like the ones you have mentioned. I can’t imagine myself living in those countries, but thank God I am in one of the crypto friendliest countries in the world.

[Kimonoe]

I know that there will always be loopholes for people who are citizens of those anti-crypto countries. They can be creative or thinking outside of the box, but it’ll be tougher for them to live a crypto life in an anti-crypto country like the ones you have mentioned. I can’t imagine myself living in those countries, but thank God I am in one of the crypto friendliest countries in the world.

although there is a way but at least this can hinder the development of technology in the country. and I see cryptocurrencies open up a lot of jobs, so this can be used to prosper the people. actually the best thing is to provide an understanding of crypto to the public, so that they are not wrong in investing. There are many ways that are misunderstood about crypto investing today, so that they are actually harming themselves

[Minecache]

Until now my country is still banned cryptocurrencies, many sites related to cryptocurrencies such as coinbase, binance, huobi and so on cannot be accessed via the website, but I have been active in cryptocurrencies since 2015, many things we can do even though we get restricted.

They can't ban it outright, as long as your device has an internet connection then you can use bitcoins through various services, VPN is possibly one of the solutions that I see people using the most.

The only restriction that I see in countries that ban bitcoin is that it cannot be converted to fiat, we cannot directly trade on centralized exchanges for bank transfers, we can use P2P to exchange but we should be really careful otherwise it will be very easy to detect.

[Sir Legend]

What the state can do is ban sites that are usually related to cryptocurrencies such as exchanges, market analysis and so on, but the government will not be able to ban all sites, including many applications on android, at first I was worried because my government has also massively banned exchange sites, but now I can access it easily via apps like binance, trustwallet and so on.

[Cryptock]

What the state can do is ban sites that are usually related to cryptocurrencies such as exchanges, market analysis and so on, but the government will not be able to ban all sites, including many applications on android, at first I was worried because my government has also massively banned exchange sites, but now I can access it easily via apps like binance, trustwallet and so on.

If bitcoin is ban in your region. Than you should check from other crypto user how they withdraw their money.
There are regional forums too at bitcoin where people discusses their regional issues and you can discuss yours and get to know more local gamblors.
Good luck \

[Furious 7]

What the state can do is ban sites that are usually related to cryptocurrencies such as exchanges, market analysis and so on, but the government will not be able to ban all sites, including many applications on android, at first I was worried because my government has also massively banned exchange sites, but now I can access it easily via apps like binance, trustwallet and so on.

Well things like this can still happen and indeed when I say restrictions are indeed in the country I live in, it's like that even for Binance we can only open in the Application but cannot open on the Website because there is already a ban there due to some cases with Stupid investment in several trading sites that made almost all trading sites banned in my country. but as you said there is always a way to minimize things like this so that indeed things like this will still continue even if the government prohibits it.

[Iadegbola34]

We need to consider how stringent the restrictions are. If it's a total ban of cryptocurrency, then you're better off not trying to break the rules because you might end up facing a very hard punishment. But if it's just a limitation on local crypto exchange or banks restrictions on crypto activities then you can always use your decentralised exchange and P2P services for your native fiat currency.

[Cryptock]

We need to consider how stringent the restrictions are. If it's a total ban of cryptocurrency, then you're better off not trying to break the rules because you might end up facing a very hard punishment. But if it's just a limitation on local crypto exchange or banks restrictions on crypto activities then you can always use your decentralised exchange and P2P services for your native fiat currency.

There are different forums on the bitcoin talk too. You can check how the locals are dealing with the situation if there are any in BTC.
Otherwise check out from locals how they do it. Think hard about it and get the work done.

[jrrsparkles]

If BTC is illegal in your country and you're still using it means your are breaking the laws and also you can be charged for criminal activities. However bitcoin is not something like fiat so we don't have our names liked to the bitcoins until we buy from exchange we completed the KYC so you are going to be in need of no KYC p2p platform to crypto <=> fiat conversion and that's it, you will never be in the radar.

[Cryptock]

If BTC is illegal in your country and you're still using it means your are breaking the laws and also you can be charged for criminal activities. However bitcoin is not something like fiat so we don't have our names liked to the bitcoins until we buy from exchange we completed the KYC so you are going to be in need of no KYC p2p platform to crypto <=> fiat conversion and that's it, you will never be in the radar.

Well said - the finest way is to find the solution or switch to the local businesses.
I am not sure if at this time people are still investing in crypto - keeping in consideration the inflation around the globe.

[romero121]

If BTC is illegal in your country and you're still using it means your are breaking the laws and also you can be charged for criminal activities. However bitcoin is not something like fiat so we don't have our names linked to the bitcoins until we buy from exchange we completed the KYC so you are going to be in need of no KYC p2p platform to crypto <=> fiat conversion and that's it, you will never be in the radar.

People all around the world continue to use bitcoin. Governments weren't able to make a perfect infrastructure to tax cryptocurrencies. If not, by now majority of the countries would've announced officially that bitcoin is legal within the country. See, the above post shows how a user can make use of bitcoin when the government is watching you. However there is acceptance of bitcoin happening in a slower phase as countries that are against bitcoin in the past are legalizing the usage.

[Sang Prabu]

If you can still use huobii or binance on a smartphone then you can receive money from exchanges, I once withdrawing USDT from the 2 exchanges and about 4 working days I receive in the account, the boundaries from the country will not be able to stop the creative cryptocurrencies community and of course more strong.

[minime0105]

If you can still use huobii or binance on a smartphone then you can receive money from exchanges, I once withdrawing USDT from the 2 exchanges and about 4 working days I receive in the account, the boundaries from the country will not be able to stop the creative cryptocurrencies community and of course more strong.

there's no place you will stay across the world but you will not have access of cryptocurrency in your exchange or wallet, only thing government can restrict you for is only not to use cryptocurrency to purchase anything or exchange of any physical transaction around the country that bitcoin is not legalised and if cryptocurrency is bum in such country there is another method of assessing a glitter currency wallet if binance is not having the network of cryptocurrency to be visible so you can support your site with a VPN in order to access cryptocurrency no country you cannot have where to buy or peer to peer cryptocurrency transaction.

[Nrcewker]

If BTC is illegal in your country and you're still using it means your are breaking the laws and also you can be charged for criminal activities. However bitcoin is not something like fiat so we don't have our names liked to the bitcoins until we buy from exchange we completed the KYC so you are going to be in need of no KYC p2p platform to crypto <=> fiat conversion and that's it, you will never be in the radar.

Bitcoins are decentralised in nature and for that reason no government can control the Bitcoins.
So if the OP or anyone is holding some Bitcoins, then no one can never know.
So if also BTC is banned in his country, then no problem, he can buy or sell Bitcoins through Peer to Peer deals or he can buy Bitcoins from here in the forum.
The only impact that he will be facing if Bitcoins are ban, is that he can’t use exchanges in his country, as they might have certain laws for that specific country.
Rest everything is normal like always.

[Kadal Ijo]

I am always worried that if my country takes aggressive action by closing cryptocurrencies, even though we hold the private key but we will encounter many difficulties, especially if I want to receive money from cryptocurrencies transactions, the easiest way is to make credit cards so it is easier for transactions at cryptocurrencies.

[Cryptock]

I am always worried that if my country takes aggressive action by closing cryptocurrencies, even though we hold the private key but we will encounter many difficulties, especially if I want to receive money from cryptocurrencies transactions, the easiest way is to make credit cards so it is easier for transactions at cryptocurrencies.

the best way is to keep withdrawing your money time to time and invest in some secure local businesses. My friend was doing good in cypto - but his wallet got hacked and he was so upset. But then he started withdrawing money and invested in some local property - he is happy with his decision after a big loss.

[coupable]

I entered the crypto field relatively early in 2014 and I live in a country where it is not even possible to own international payment cards, which was difficult for workers in the freelance sector on the Internet to get their salaries, so Bitcoin was the best solution for them, and it made it easier for them that they could make money if they could convince their employers to pay their salaries in Bitcoin. They have been wonderful days.

To this day, international banking services are still prohibited, as is crypto. Despite that, an important market is growing in this field despite all the restrictions and ban, besides promises of legal adoption.
Living in a country that prohibits Bitcoin trading is not impossible, but you just have to find a market that works in this field and it definitely exists.

[Naficopa]

While there are countries who have embraced or tolerated BTC since it's emergence in 2008, there seem to be some who are adamant about it because of its high volatility rate and the ability to conduct nefarious activities with it.
 In September 2021, El Salvador became the first country to not just embrace it, but also to use it as a legal tender and where were followed by Central African Republic in April 2022. It would seem that these countries have seen the light(BTC), in this case and have held firmly.
 Despite it's controversial emergence, it has managed to gain a kind of positive publicity. Countries who are strongly against it and have moved for it's ban in their nations are;

Algeria
They passed into law in 2014 and making illegal the use, buying and selling or holding of crypto currency
Bolivia
 Bolivia Central Bank passed the law of the total ban of the use of crypto currency in 2014
China
 On Sept 24, the Bureau of the People's Financial Consumer Rights Bank of China outrightly banned the use of BTC. https://en.m.wikipedia.org/wiki/Legality_of_cryptocurrency_by_country_or_territory
 There are many more countries who have taken this step. My question now is, how do citizens who have BTC and reside in areas that are not crypto friendly cope?

 

Taking about Chinese - they are very particular about their laws. Even after so many years -Chinese and JApanese -  they don't like coping Americans. Although they have difficulty eating with chopsticks but they don't do it. Even they have their own social media and their local language phone. So i am not sure if they will go against their country laws.

[Shasha80]

I am always worried that if my country takes aggressive action by closing cryptocurrencies, even though we hold the private key but we will encounter many difficulties, especially if I want to receive money from cryptocurrencies transactions, the easiest way is to make credit cards so it is easier for transactions at cryptocurrencies.

Indeed, most governments do not support Bitcoin and also the government usually only legalizes Bitcoin as an investment. It is very rare for a country
to dare to legalize bitcoin as a legal tender. Even some countries prohibit the use of Bitcoin, and there are also countries that are trying to make
Bitcoin die, this initially made me worried the development of Bitcoin would stop. Because it turns out that the government is negative and
aggressive towards Bitcoin. But my guess is wrong, Bitcoin is more powerful than I imagined. Bitcoin turned out to be growing quite rapidly
in a decade, even the popularity of Bitcoin continues to increase every year. Just imagine Bitcoin managed to reach a price above $60k last year,
meaning that Bitcoin is trusted by many people, even though it is not supported by the government and is hated by the government. This means
that if anyone lives in a country where Bitcoin is banned, there's no need to worry. I believe there is always a way to be able to use Bitcoin.
In the end I believe countries that ban Bitcoin will change their minds, after realizing the benefits of Bitcoin.

[tygeade]

I am always worried that if my country takes aggressive action by closing cryptocurrencies, even though we hold the private key but we will encounter many difficulties, especially if I want to receive money from cryptocurrencies transactions, the easiest way is to make credit cards so it is easier for transactions at cryptocurrencies.

the best way is to keep withdrawing your money time to time and invest in some secure local businesses. My friend was doing good in cypto - but his wallet got hacked and he was so upset. But then he started withdrawing money and invested in some local property - he is happy with his decision after a big loss.

Just because your friend invested into bitcoin and got hacked, doesn't mean that bitcoin is a bad decision to go on. Plus, just because he invested into some local places, doesn't mean that it would be smart for them neither. Sure there could be some situations where you may get hacked and nobody denies that, but YOU are the one that is getting hacked in that situation, hence the problem is not in the nature of bitcoin, it is in the nature of people, who get hacked.

I have been here for nearly 10 years now, never got hacked, not because I am so careful or anything, but none of my coins are in places that could be hacked hence even if someone literally got my phone and my pc, they still wouldn't get a dime out of me.