Post
Topic
Board Beginners & Help
Re: What it actually meant by Ban?
by
EdenHazard
on 11/06/2018, 08:42:17 UTC
Can someone be punished or sent to jail just by holding bitcoin in banned country?
This case depends on the decision of a country, if they (government) consider everything about bitcoin is something that is illegal then inevitably bitcoin users in the country must accept the consequences. Bitcoin is indeed freely owned by everyone, but users should be aware of where they live, there is a government that will manage all the life of a person.
What will happen in case of trading bitcoin in country where bitcoin is banned?
In fact, there are some countries that prohibit the use of bitcoin only as a payment system. Some countries allow bitcoin users to trade with their records (the government) does not have the authority to manage and be responsible for any risks to be faced.