Re: How to deal with India and countries that ban Crypto currencies
Stop amplifying things, The real news is Your bank will not allow you to buy bitcoins anymore
It is planned by governments to try to regulate the Bitcoin and at least limit the entry of large capital funds.
For you, this regulation will not affect you very much unless you intend to invest in large amounts(more than 10 Bitcoins).
you can use some temporary solutions:
So we can use bank accounts for buying less that 10BTC?It is planned by governments to try to regulate the Bitcoin and at least limit the entry of large capital funds.
For you, this regulation will not affect you very much unless you intend to invest in large amounts(more than 10 Bitcoins).
you can use some temporary solutions:
- online sellers: localbitcoins, paxful
- online forums: Currency exchange
But even governments trying to control the bitcoin trading it is impossible to stop it completely and in country like India no way,surely crypto trades will happen even if the government ban it.And no one can find us though because it has 132 Million population so we don't get caught in that crowd.
Don't you mean 1.324 Billion!? That will make it even more difficult for the Indian government to find out who is trading BTC under their noses!