Is it easy to spend btc in your country?

[Becassine]

There are so many different rules in different countries, sometimes even BTC is banned, yet there are still BTC transactions in these countries. How does it work? Is it easy to sell btc in your country, or to buy something with it? What have you bought, for example? Or what are you planning to buy?

[Mia Chloe]

There are so many different rules in different countries, sometimes even BTC is banned, yet there are still BTC transactions in these countries. How does it work? Is it easy to sell btc in your country, or to buy something with it? What have you bought, for example? Or what are you planning to buy?

Depends on what I'm paying for though. Basically most online payments accept it in my region even gadget shops accept it these days just that they are quite few and sometimes for the ones that are relatively small businesses the rates may not be nice.
Well I would prefer more lightning payments though since they are faster and less stressful but I think most small shops and businesses  don't make use of it probably because they feel it's complex to set up.

[Lida93]

Often times I get jealous of those persons whose country government allows for the use of bitcoin in a way that they don't get to go nuctural about using it for buying or selling of any services or product. In my country it's not even actually clear where the government stands about cryptocurrency or bitcoin particularly, and this has made it discouraging for some large  businesses who ordinarily could have involved bitcoin as means of payments for their products and services.

Imagine having to sell your bitcoin through P2P transaction and you'll have to inform the buyer not to involve crypto related words in the bank transaction description to avoid having your money freeze by the bank because as directed by the authority.

[Theupdude]

In My county it is a bit tough but not impossible, there are peer to peer platforms.Like i can sell my Bitcoin from binance to my local bank account. It's very easy and fast.
I Have not bought anything large yet but I am thinking about acquiring some tech goods with bitcoins shortly.

[SmartGold01]

Still possible to sell or trade Bitcoin in my country and buy the problems is when trading Bitcoin we wouldn't involved it on our transaction, and yes there are individuals who accept Bitcoin in our country but not that openly after some strict restrictions and regulations in our country.
Of course P2P trading is the fastest and safest way to trade Bitcoin (buying/selling) any cryptocurrency assets across the country..

[Stalker22]

There are so many different rules in different countries, sometimes even BTC is banned, yet there are still BTC transactions in these countries. How does it work?

Its kinda tricky.  Even if some country tries to ban it, the technology makes stopping all the transactions real hard.  Its similar to trying to prevent people from sharing stuff online - people always find ways around bans, even if those ways arent always straightforward or legal. 

I think governments will struggle to fully control crypto.  But who knows, maybe they will introduce some new regulations, but still, Bitcoiners are a stubborn bunch so doubt theyll give up easy.  Tech always moves faster than bureaucracy. 

[Liliana1304]

It's easy to trade Bitcoin in my country. The government over here aren't as strict as they initially were towards it but I rarely see businesses that accept Bitcoin for payment. Or maybe I haven't asked cause I just conclude that they use fiat for payment.

If I'm to use Bitcoin as a means of payment, I'd love to use it in purchasing a phone.

[Ndabagi01]

There are so many different rules in different countries, sometimes even BTC is banned, yet there are still BTC transactions in these countries. How does it work? Is it easy to sell btc in your country, or to buy something with it? What have you bought, for example? Or what are you planning to buy?

What we simply do is not make mention of bitcoin or cryptocurrencies in transactions when it involves buying and selling through the use of Bitcoin to exchange to fiat. This is done in order for the banks not to clamp on the money or freeze your account for trading cryptocurrencies because the government has given them strict order to take action on those that trade cryptocurrencies. Despite the government showing concerns on cryptocurrency today, the ban is yet to be lift so we trade with caution and not allow the bank to know that we’re exchanging bitcoin for fiat. It would have been more simple if the two parties are ready to accept and accept bitcoin, one can easily bypass the bank but without that happening, you just have to convert to fiat before doing any transaction.

[aylabadia05]

There are so many different rules in different countries, sometimes even BTC is banned, yet there are still BTC transactions in these countries. How does it work? Is it easy to sell btc in your country, or to buy something with it? What have you bought, for example? Or what are you planning to buy?

In general, answering the topic title is easy on the condition that you do not directly buy something with Bitcoin but change it into fiat. The way to sell Bitcoin/IDR, then we withdraw IDR to an ATM/bank.

For me who lives in Indonesia, Bitcoin is not allowed as a legal tender like fiat currency. It is not allowed as a legal tender, we still use Bitcoin as a commodity asset.
Easy to sell Bitcoin? Not complicated. We can deposit fiat money to an exchange registered with the government to buy Bitcoin, but we cannot buy something with it because as I explained above it is not allowed as a legal tender.

[peter0425]

There are so many different rules in different countries, sometimes even BTC is banned, yet there are still BTC transactions in these countries.

Bitcoin is not banned in my country but it is not explicitly legal if that makes sense. There kind of is like a gray area when it comes to cryptocurrency because while there are a lot of people in my country that knows about bitcoin there are still a lot of people who have no idea about it so it does not pose a discussion in the senate or just in the government in general. Binance is however banned in my country but cryptocurrency is not afaik.

How does it work? Is it easy to sell btc in your country, or to buy something with it? What have you bought, for example? Or what are you planning to buy?

If you are asking about whether there are people publicly selling goods and services and offering bitcoin as payment the answer is no. But if it is online transactions for example peer to peer then it is not such a challenge. But you will not find average shops in my country offering bitcoin though there is an option of online payment.

[Orpichukwu]

There are so many different rules in different countries, sometimes even BTC is banned, yet there are still BTC transactions in these countries. How does it work? Is it easy to sell btc in your country, or to buy something with it? What have you bought, for example? Or what are you planning to buy?

To what length do you think the power of P2P trade can go? All that they need to do is locate an exchange that can serve as a third party or escrow for themselves and get their trade going anonymously for exchanges which don't offer KYC before they can be used, or the best possible way, which is not the safest, is to trade with one another. You send to me. I pay either with cash or wire transfer with a payment description with anything that doesn't have to do with crypto.

[Josefjix]

If you are asking about whether there are people publicly selling goods and services and offering bitcoin as payment the answer is no. But if it is online transactions for example peer to peer then it is not such a challenge. But you will not find average shops in my country offering bitcoin though there is an option of online payment.

This is how the business in crypto is exactly in my country, crypto transactions like buying and getting involve in crypto via bank interaction is stopped in my country, so users can only run p2p trades off a centralized exchange to their bank account, but sender must be careful not to include any crypto related words in the transaction description to avoid been traced and get arrested.

Some years back, the citizen can purchase crypto via bank debit cards to their wallet, the same thing to cashing out automatically to bank account without any p2p payment method until the sudden ban happened. This lets every users stare clear from running business with crypto for buying and selling of goods and services.

[EL MOHA]

It's easy to trade Bitcoin in my country. The government over here aren't as strict as they initially were towards it but I rarely see businesses that accept Bitcoin for payment. Or maybe I haven't asked cause I just conclude that they use fiat for payment.

If I'm to use Bitcoin as a means of payment, I'd love to use it in purchasing a phone.

I see your country as Nigeria and I can say that it is not easy to trade bitcoin as we you put it out, yes bitcoin isn’t that outrightly banned but it is not that legal too so the transactions are discreet as no transactions should be spotted by commercial banks and that’s why exchanges P2P are the easiest way to make this transactions but if a bank spot it they freeze such account of the users. This is part of the reasons why you hardly see businesses openly offering bitcoin payment services here except online businesses which aren’t even Nigeria based businesses.

You can definitely get to buy a phone with bitcoin but it might be an online service.

[The Cryptovator]

Bitcoin isn't legal in my country, but still we are using it. Technically, the government won't prevent Bitcoin transactions anyway, so they can't ban Bitcoin, actually. They could just announce it as illegal from their end. It's easy to convert Bitcoin to USDT, and there is a huge demand for USDT in my country for various reasons. We can sell our BTC P2P trading as well from the exchange out of local traders.

In our country there are a lot of trusted local traders who will take your BTC and send you funds in your local banks. Also, we can use various crypto cards to use our Bitcoin. Even I have withdrawn funds from the local ATM through crypto cards. So we are freely using Bitcoin.

[bitzizzix]

I tend to see Bitcoin transactions as fast and easy to complete, but unfortunately Bitcoin transactions can only be used by individuals and online retailers who can accept Bitcoin as an agreed payment alternative.

And in my country, Bitcoin cannot be used as legal tender and can only be used as a form of investment or trade and only fiat can be used as legal tender, so if you want to use it, I have to convert it and besides that it can only be used in the way I said above.

[Odusko]

P2p only, and that is done via under strict guidance since all form of cryptocurrency transactions is term illegal by the brainless Central Bank of my country who's officials are rope in wide range of corruption cases against them, so for anyone to buy and sell Bitcoin, it have to be done through the use of p2p methods, there have been some arrest on few Bitcoin user's, so we are all hiding under the privacy and decentralized nature f Bitcoin to carry out most of our Bitcoin transactions.

[Raflesia]

In my country, although until now bitcoin is still used as a commodity not for legal tender but bitcoin is still supported by the government so it is still very easy to sell bitcoin and buy bitcoin because there are still many local exchanges or large exchanges that are still running so this allows me to continue to maximize the purchases I make.

Currently there is still nothing I can be proud of but there is indeed a desire for myself to buy a house when I try to sell my bitcoin later, my goal for the time being is only that because it can be one of the benchmarks that I want to do right now. Having a house from bitcoin even though I have to let go of ownership I think it is not a bad thing because after all this is also a means to support what I want to aim for in the life I am currently living.

[finaleshot2016]

There are so many different rules in different countries, sometimes even BTC is banned, yet there are still BTC transactions in these countries. How does it work? Is it easy to sell btc in your country, or to buy something with it? What have you bought, for example? Or what are you planning to buy?

Here in my country, there's few things that can be bought by BTC. Also, majority of us wants to hold BTC then exchange to fiat to maximize the profit since usd conversion is pretty high right now due to inflation so yeah, I don't have any things that has been bought by BTC but maybe in the future?

I just save my BTC and doesn't sold any single BTC right now, if the narrative digital gold still continues, I won't sell anything.

[freedomgo]

There are so many different rules in different countries, sometimes even BTC is banned, yet there are still BTC transactions in these countries. How does it work? Is it easy to sell btc in your country, or to buy something with it? What have you bought, for example? Or what are you planning to buy?

It’s easy to buy and sell BTC here in our country, but spending it,  that’s a headache.
Maybe it’s the same in most parts of the world too. Sure, some places accept Bitcoin, but it’s still very different compared to using a digital wallet backed by fiat as it’s just easier and sometimes even free.

Honestly, I think we’ve already achieved the best we can expect when Bitcoin got regulated and local exchanges started operating here.

We can’t expect much more. At this point, Bitcoin is really more of an investment rather than a utility.

[Bd officer]

There are so many different rules in different countries, sometimes even BTC is banned, yet there are still BTC transactions in these countries. How does it work? Is it easy to sell btc in your country, or to buy something with it? What have you bought, for example? Or what are you planning to buy?

Bitcoin is illegal in our country, if someone invests in Bitcoin and if the administration finds out, action will be taken against him. Despite Bitcoin being illegal in our country, many people have invested secretly, I myself have also invested in Bitcoin. Now how to sell Bitcoin, Bitcoin can be easily sold through P2P trading on various exchanges. Since Bitcoin is illegal in our country, you cannot buy anything with Bitcoin. So I do not plan to buy anything with Bitcoin. If Bitcoin is legal in our country in the future, then maybe it will be possible to make payments through Bitcoin.