Bitcoin adaption in Turkey

[Litzki1990]

We have to use virtual exchange to buy and sell other currencies including Bitcoin but there are physical shops in Turkey to buy and sell other digital currencies including Bitcoin which is really a joy for Turkish people. Never imagined to see such a physical crypto exchange in Turkey. However, this is good news for crypto people. Since the owner of this physical exchange thought differently and built a physical exchange in Turkey, I believe he will have more success if he can keep his physical crypto exchange. This physical crypto exchange in Turkey will be the center of attraction for most crypto currency users.

But using a physical exchange takes away our privacy, and most bitcoin investors are very concerned about privacy. Even the fact that we use KYC on centralized exchanges makes many people afraid and strongly oppose it. So I don't really know if this is a good thing or not, because as long as you go directly to the physical exchange to buy and sell, it will be much easier for the police or others to track you down. So it can be said that the appearance of these physical shops is not necessarily good news, and not everyone likes it, especially those who value privacy.

Since such a physical exchange has been built in Turkey, I assume that some person or organization may have built such a physical exchange in their country after overcoming all the legal complications. If Bitcoin were illegal in Turkey, the administration would never have allowed such a physical exchange to be built. Since the administration has allowed such physical exchanges to be built, I don't think trading on these exchanges will cause harassment to a user. Besides physical exchange every use has digital exchange if a person feels that physical exchange will not be right for him then he can use digital exchange. However, since such exchanges have been created with the permission of the administration, the transaction should not be a big problem.

[1715377421]

1715377421

[Bitcoin_people]

What we see here is that it is a crypto exchange shop, where various crypto currencies including Bitcoin are exchanged. However, Turkish people will benefit a lot from exchanging bitcoins here and it is a very good initiative. But this goal is not bad, but no goods are sold here, only virtual currencies are exchanged for local currency. If you want to buy goods with bitcoins, you must go to a store that accepts bitcoins. But in my country bitcoin is a legal offense for which bitcoins are not accepted anywhere, and there are no crypto exchanges and stores.

[EFS]

What we see here is that it is a crypto exchange shop, where various crypto currencies including Bitcoin are exchanged. However, Turkish people will benefit a lot from exchanging bitcoins here and it is a very good initiative. But this goal is not bad, but no goods are sold here, only virtual currencies are exchanged for local currency. If you want to buy goods with bitcoins, you must go to a store that accepts bitcoins. But in my country bitcoin is a legal offense for which bitcoins are not accepted anywhere, and there are no crypto exchanges and stores.

Turkish people already use big exchanges such as TRBinance and BTCTürk and deposit/withdraw/trade with low fees. Why would anybody want to use these shops and pay high fees? These are built for tourists.
Exchanging any amount of coins you want in a foreign country for the local currency without having to answer to anyone attracts many tourists. They don't mind paying 5-10% commission, unlike local people.

[legendbtc]

We have to use virtual exchange to buy and sell other currencies including Bitcoin but there are physical shops in Turkey to buy and sell other digital currencies including Bitcoin which is really a joy for Turkish people. Never imagined to see such a physical crypto exchange in Turkey. However, this is good news for crypto people. Since the owner of this physical exchange thought differently and built a physical exchange in Turkey, I believe he will have more success if he can keep his physical crypto exchange. This physical crypto exchange in Turkey will be the center of attraction for most crypto currency users.

But using a physical exchange takes away our privacy, and most bitcoin investors are very concerned about privacy. Even the fact that we use KYC on centralized exchanges makes many people afraid and strongly oppose it. So I don't really know if this is a good thing or not, because as long as you go directly to the physical exchange to buy and sell, it will be much easier for the police or others to track you down. So it can be said that the appearance of these physical shops is not necessarily good news, and not everyone likes it, especially those who value privacy.

Since such a physical exchange has been built in Turkey, I assume that some person or organization may have built such a physical exchange in their country after overcoming all the legal complications. If Bitcoin were illegal in Turkey, the administration would never have allowed such a physical exchange to be built. Since the administration has allowed such physical exchanges to be built, I don't think trading on these exchanges will cause harassment to a user. Besides physical exchange every use has digital exchange if a person feels that physical exchange will not be right for him then he can use digital exchange. However, since such exchanges have been created with the permission of the administration, the transaction should not be a big problem.

Maybe there will be no trouble when we exchange bitcoins at those physical exchanges but the problem is that our privacy will not be private anymore. We will never know what governments will do with cryptocurrencies in the future. They can accept it, or ban it at any time they feel it is disadvantageous for them. So let's not be subjective that if they legalize it, we will be safe when openly using bitcoin. Personally, I would never trade bitcoins in public places even if bitcoins were legal in my country.

[Blitzboy]

We have to use virtual exchange to buy and sell other currencies including Bitcoin but there are physical shops in Turkey to buy and sell other digital currencies including Bitcoin which is really a joy for Turkish people. Never imagined to see such a physical crypto exchange in Turkey. However, this is good news for crypto people. Since the owner of this physical exchange thought differently and built a physical exchange in Turkey, I believe he will have more success if he can keep his physical crypto exchange. This physical crypto exchange in Turkey will be the center of attraction for most crypto currency users.

But using a physical exchange takes away our privacy, and most bitcoin investors are very concerned about privacy. Even the fact that we use KYC on centralized exchanges makes many people afraid and strongly oppose it. So I don't really know if this is a good thing or not, because as long as you go directly to the physical exchange to buy and sell, it will be much easier for the police or others to track you down. So it can be said that the appearance of these physical shops is not necessarily good news, and not everyone likes it, especially those who value privacy.

Since such a physical exchange has been built in Turkey, I assume that some person or organization may have built such a physical exchange in their country after overcoming all the legal complications. If Bitcoin were illegal in Turkey, the administration would never have allowed such a physical exchange to be built. Since the administration has allowed such physical exchanges to be built, I don't think trading on these exchanges will cause harassment to a user. Besides physical exchange every use has digital exchange if a person feels that physical exchange will not be right for him then he can use digital exchange. However, since such exchanges have been created with the permission of the administration, the transaction should not be a big problem.

Creating a Bitcoin market in Turkey shows the government's progress. Does it look good? Obtaining legal approval demonstrates positive user acceptance. You're right about digital vs. physical commerce. Users desire choices, therefore flexibility is key. Physical exchanges can comfort some crypto enthusiasts.

This move is the start of a trend. Could other countries do the same thing, maybe by tweaking their laws to make the world a better place for crypto? This could change everything, letting more people accept digital currencies and use them in regular banking. It feels like we're seeing the start of a big change in the way the world's finances work. And hey, users shouldn't have to deal with too much trouble as long as these trades follow the law. You know how important it is to find that perfect balance?

[BitcoinsGreat]

Creating a Bitcoin market in Turkey shows the government's progress. Does it look good? Obtaining legal approval demonstrates positive user acceptance. You're right about digital vs. physical commerce. Users desire choices, therefore flexibility is key. Physical exchanges can comfort some crypto enthusiasts.

This move is the start of a trend. Could other countries do the same thing, maybe by tweaking their laws to make the world a better place for crypto? This could change everything, letting more people accept digital currencies and use them in regular banking. It feels like we're seeing the start of a big change in the way the world's finances work. And hey, users shouldn't have to deal with too much trouble as long as these trades follow the law. You know how important it is to find that perfect balance?

Isn't it the same in Dubai too as they are also crypto-friendly country? I think you will find these crypto exchanges working openly where there are no restrictions in using the crypto and also where the crypto is made legal in the countries. Although not many countries support bitcoin and cryptocurrencies but where these are supported, these physical exchanges can be found there.