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.
Oh come on buddy what are you thinking ? Get hidden in the crowd, lolz we are not in the Bollywood movies were we can do anything that we want. The real fact is that we cant do anything like that as the transactions needs to get started somewhere and I think its first place is always banks! Also what do you think how will you get the money back in your accounts? It has to come form where and that will be obviously traceable. If we do find out some ways then government will notice that too as these things cant be hidden from them. As they say, they are everywhere.
But yes I did like the idea of this one .. .
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- online sellers: localbitcoins, paxful
- online forums: Currency exchange