Post
Topic
Board Bitcoin Discussion
Re: [Legality of bitcoin] Can a country really control the use of bitcoin?
by
btcholder
on 20/04/2020, 21:39:02 UTC
Places like Egypt, Morocco or Algeria have set bitcoin use, illegal. What exactly stops people that live there to do bitcoin transactions since no one controls the network? And yes, without "cutting" their internet connection.

Prison time or even worst stuff, I don't know how fuck up the law is in those countries. I mean you can keep it underground but again it is a risk.

Why exactly is it risky? How will they watch you doin' it?

BTC illegal means you can't use btc for anything (goods or other stuff which you need for daily life). Then what can you do with btc..? In that case you have to exchange your btc with that currency which is legal in your country. And for that case you have to choose  bank or other currency system which controlled by your government. And you'll got catch if you didn't proof your transaction source properly. Well it's a long calculation but still have a possibility. But it's true that if your transaction is not a big amount then you don't need to worry about it.