Post
Topic
Board Bitcoin Discussion

Re: Is it easy to spend btc in your country?
by
melinoe
on 28/04/2025, 12:15:54 UTC

There are so many different rules in different countries, sometimes even BTC is banned, yet there are still BTC transactions in these countries. How does it work? Is it easy to sell btc in your country, or to buy something with it? What have you bought, for example? Or what are you planning to buy?
Crypto has become one of the legal investment instruments in my country. Someone can make crypto transactions but most of them are through CEX. But BTC is still illegal as a means of exchange. And most people in my country still don't know about crypto. So in general BTC is still not possible to make transactions because almost everything like food, groceries, clothing or automotive does not have a payment option with BTC. But if you want to use BTC you can easily exchange it for FIAT. Even though the exchange is in large amounts like around $ 10,000 you have to wait up to a day for verification by the Bank. But if we talk about the community then I am grateful that I have a crypto community where we can make transactions with USDT or BTC. My friend once bought a car using BTC in 2023. And he bought it from a friend in the same community.

Yep, it's non-official as for now, but who knows, maybe there will be time when we will have BTC as a real payment options for bigger purchases, that would be wonderful due to such capabilities being exactly for what BTC was created for - to be an alternative.