Quote from: btcholder on Today at 09:39:02 PM

Quote from: BlackHatCoiner on Today at 07:55:43 PM

Quote from: WalletPlus on Today at 07:54:49 PM

Quote from: BlackHatCoiner on Today at 07:50:08 PM

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.

In that case, they can only use btc for online transactions like purchase goods/services via online merchants. If they do need their fiat, they need to use a 3rd party that is not controlled by the government, so not remittance centers or banks. But if the government can see their online movements, still not safe for them to use btc. It depends on how deep the government can investigate a person regarding his internet activities. But this is a waste of time considering that progressive countries are openly accepting the use of crypto or bitcoin.