Post
Topic
Board Bitcoin Discussion
Re: Cautionary campaign about Bitcoin
by
Ndabagi01
on 11/06/2023, 23:49:16 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.

If your country has banned cryptocurrencies and you continue to acquire and keep more, you have gone against your country's government in your pursuit of financial freedom. This new policies appear to be very serious, and the government intends to take harsh measures against anyone who own cryptocurrency.

The best advice is to stay away from cryptocurrency for the time being in order to avoid confiscating all of your accounts that have previously transacted with cryptocurrency. It is advisable to stop now rather than lose all funds to the government later. Hopefully, your government will recognize bitcoin's significance and allow its use in the country in the near future.