Re: Using bitcoin for transactions in country where it is illegal.
OP should forget about big purchases like houses and expensive cars because his money comes from an illegal asset in his country. But no one can stop him from paying individuals in bitcoin and receiving goods and services in return. Also, no one can stop him from exchanging his bitcoin to fiat and using the cash however he sees fit.
Of course. Nothing can stop him. But what if he deals with someone who's an undercover cop or government agent? They he'd be "screwed" for good. The risk is simply not worth it. I'm talking about meeting someone physically to make a deal. Online, though, it's another story. If the OP is careful enough not to disclose his personal info, he'll be safe. With Bitcoin adoption rising worldwide, I'm certain countries who once rejected it, will embrace it in the long run. As long as they're able to tax BTC effectively, nothing else matters.
