A few days ago, it was learned that El Salvador has set Bitcoin as legal tender, China has banned mining, and India has also stated that it has banned cryptocurrency by legislation. Recently, the German Fund Positioning Act allows investment in cryptocurrency, but in the past few days, I have seen a lot of discussions about whether Bitcoin is legal. What should I do if Bitcoin is prohibited in my country/region? If mining is prohibited, do I need to switch to a place that recognizes Bitcoin to continue mining?
What usually happens when you decide to break the law in your country? Will the police come to arrest you, confiscate your stuff and have the courts sentence you jail? Or will they knock on your door and demand a bribe or just straight up steal your stuff to give to their friends? It seems foolish to continue mining it any jurisdiction where the government has clearly banned it and the consequences should be obvious. The world has existed long before cryptocurrency came along, so it is not exactly required to function in daily life, you may simply need to move into a different profession if you want to stay in countries where it is no longer allowed - these are things that only you can decide.