Quote from: 2Pizza410000BTC on Today at 01:01:03 PM

Quote from: Honyek on September 26, 2023, 04:22:31 PM

Bitcoin is a very useful thing to many people. It has provided very good opportunities, job opportunity, trading opportunity and lots more for many people to earn money for their essentials of life. Bitcoin halving is fast approaching, giving many people hope of investment, and making reasonable profit at the end. Yet in some countries it is completely illegal. What will you do if you are a fan of bitcoin but your country did not legalize cryptocurrency?

Bitcoin is completely illegal in the country I live in. Even though Bitcoin is illegal in my country, still I am using Bitcoin very well from my country. I've had no problems with the bitcoin I'm using so far. As Bitcoin is not legal in my country I am converting directly to my local currency using P2P. But always working with caution to keep myself safe. Since Bitcoin is illegal in my country, I think it's best to proceed with caution.

In my country have special viewed with bitcoin although still illegal but government have adopted taxes for all transaction with cryptocurrency for selling or buying with our local exchange market. Positive viewed bitcoin still not legal but government have advantage with highest taxes receiving every years how bitcoin and cryptocurrency transaction up drastically. Selling bitcoin or altcoin assets trough P2P is simple and easily but have lower rate than price directly to your local exchange and trade to local fiat pair. So far fewest country have legalize bitcoin as transaction payment from El Savador and some small countries in African but difficult bigger country give positive way or make bitcoin as legal currency payment transaction.

I am lucky in my country have legal any exchange local currency without have to sell trough P2P in Binance or other exchange, I think if my country make bitcoin legal transaction will be easy for transaction than using fiat currency.