Post
Topic
Board Bitcoin Discussion
Re: Be careful with your crypto holdings and what you do with it
by
Gladitorcomeback
on 18/06/2024, 08:06:43 UTC
Cam across this news

https://www.bbc.com/news/articles/cn001yr88zgo

So a gentle reminder is to follow law with all your crypto related activities.

We shouldn't link such things with normal Bitcoin activities such as buying and holding or even trading because these things show a negative image of Bitcoin and news outlets want to do that exactly, they are not in favor or Bitcoin or cryptocurrencies or want them to gain popularity and more people start believing in them because they are basically in support of the governments and centralized authorities.

As long as a country doesn't have strict rules and laws against Bitcoin and Bitcoin holders, one should be fine buying and storing Bitcoin as long as they are not doing something illegal with it. If you are found buying and storing Bitcoin normally and have a reasonable amount, you shouldn't be questioned for that if it isn't specifically banned in your country.