Post
Topic
Board Bitcoin Discussion
Re: Cautionary campaign about Bitcoin
by
teosanru
on 11/06/2023, 21:36:51 UTC
Already everything bitcoin related is banned in our country still we are using bitcoin but recently government of our country may be more strict about using bitcoin. NAGAD, the popular mobile banking service of our country, is currently conducting a cautionary campaign in various ways to transact through Bitcoin in our country. They are using social media and leaflets as part of the campaign. Since we are involved with Bitcoin, these things seem scary to us. I already have some investment in Bitcoin and I am thinking of investing some more but at this time news like this is making me weak mentally.  
I don't know what we should do at this point.
Bangladesh has strict ban on virtual currencies. They don't have a separate law on this but these things are covered under the Money laundering act itself so anyone involved in transacting in cryptos can be very well charged under money Laundering laws and sent to Jail. I feel to some extent it's scary to keep bitcoin while your government has clearly banned it. I would atleast try to keep it in places where they can't be attached to my identity.