How non crypto countries citizens lives?

[Kami505030 1617]

Those countries which has banned crypto currencies are very bad luck and the most bad luck are the people of that countries. But all the people around from all over the world are know the benefit and usefulness of crypto. People know how much we can earn from these currencies. And they are finding different ways to solve the problem.

[Zeshan7736087 287]

There are the problems of regulations of the cryptocurrencies in many countries of the world but Crypto is not considered illegal anywhere. People their use cryptocurrency without any security provided by the state.

[Msh9 84]

An important topic, my friend, I think that the countries that work in this field live a good economic life and develop continuously, while the countries that do not live a coded life live very poor.

[Muhammad zaid 272]

Yes there are many countries in which using crypto is illegal but the people of those country use them and i think this is not wrong this is right they work hard and make money not flirt with others they struggle

[Samotokika 1780]

On 12/24/2020 at 12:18 AM, guatazoo said:

We know thats there have countries which crypto is illegal but their citizens are using it illegal, so how big is case if someone has coughted with cryptocurrencies in countries thats crypto is illegal. 

This is bad luck of those countries which are not using and allowing cryptocurrencies to their citizens because cryptocurrencies are now become very much popular and it has lot of economic profit in it. So people of different countries are finding out different ways to use it.

[zhoutong 2188]

I only know about China that has banned crypto for years now. Those that were using crypto are now using less but the traders have increased and so the volumes have in the hong kong and singapore based exchanges. China is still trying to crackdown the exchanges and have also been blocking bank accounts connected to crypto profits. Even miners are having some problems while they were expected to be allowed to keep their operation. A simple person owning a few cryptocurrencies is not persecuted and can trade too without of course this being legal. But anytime this can change and the government can change stance to become more aggressive anytime.

[Khan 1414]

On 12/24/2020 at 1:13 PM, Ashtoy said:

Crypto currency have widely been considered as an instrument to support  the growth process in developing countries. Non cryptocurrency countries are really lacking behind, and are missing alots of crypto benefits 

Crypto currency is now taking over the online payment system and if the Quantum computer involved into the crypto world then it will be a great evolution for the crypto currency.

[yenniferamos14lsv 45]

For everything there is a time, and soon each country will have the time to decide whether to legalize the use of cryptocurrencies or not, I am sure that cryptocurrencies have users all over the world, for example, I believe that in Russia many exchanges are prohibited , but many users in Russia use cryptocurrencies without inconvenience, it is all a matter of time so that all over the world using and owning cryptocurrencies is something normal, as normal as using a banknote or coin to go buy bread.

[Quickbee 26]

People from countries that have not accepted Cryptocurrency have other means to live. It is quite disappointing to know that some countries have still not accepted Cryptocurrency. Hope things change in the near future.

[Raqeebzy 6456]

On 12/23/2020 at 8:18 PM, guatazoo said:

We know thats there have countries which crypto is illegal but their citizens are using it illegal, so how big is case if someone has coughted with cryptocurrencies in countries thats crypto is illegal. 

If crypto is made illegal in any region/country, automatically it means trading (buying and selling) of it is punishable under the established law. Cryptocurrency exchanges or any type of crypto related company aren't to be operated in such country.

If then by any means at all, any individual or a group of person is found engaging in crypto in that region, then there is every right to punish them with the law accordingly.

[Serbberq 724]

Those that are not in cryptoworld have there ways of earning which they consider it as their way of leaving, but those in cryptoworld can make earning through cryptocurrency and also do another physical work to earn more. 

[cryptovlek 2597]

What is most concerning is the regulators banning some privacy coins recently and this will increase the reasons for countries that have banned all crypto to keep doing that. There should not be a ban in any currency as the money is ours and not the governments. This shouldn't be discussed at all and no government has the right to tell us not to use cryptocurrencies.

[Sykkuno 2887]

It is very sad that still many countries have banned crypto and while most of the world is advancing and giving the populations many options to control their financial life even in these conditions there are countries that don't care a lot, this s how these governments look like, not caring for their citizens well being as they blocked them from the digital wealth.

[ibrahim halil anaç 138]

These countries have very strict rules. The penalty for breaking the law is great. But I do not think that the bans will stop these people if the people dealing with the crypto business in that country are experts in crypto exchanges.

[percare 3192]

On 12/23/2020 at 9:18 PM, guatazoo said:

 crypto is illegal but their citizens are using it illegal,

Since crypto is illegal then any use of crypto by the citizens of that country would be illegal so this was a redundancy.

 

On 12/23/2020 at 9:18 PM, guatazoo said:

so how big is case if someone has coughted with cryptocurrencies in countries thats crypto is illegal. 

How will authorities catch someone using cryptocurrencies in these countries? This is what I wonder. They will try to trap this person to visit a fake shop and pull out his mobile wallet and there will be policemen in disguise waiting for him? This looks very difficult question you put here. If you live in one of these countries you should know that they won't just arrest a single crypto user. The authorities care for big criminals and those that could potentially hold too much in crypto coming from illegal activities.

[bogdanoff 3173]

It is somethign that only these people can answer, but the laws are not the same in all these countries. A ban means you are not allowed to use, but you may be allowed to hold, or you can trade without problems but if there is a withdrawal to banks, then there will be problems. I don't see how the law can make it illegal for people to not be able to use a digital asset. To me it is a bad decision anywhere it was made.

[sinseoul 0]

As you said, there are only some countries that takes cryptocurrency as illegal so I think the consequence are going to vary per country. You can try to search for it, but I'm pretty sure that the consequences aren't going to be the same for each country.

[Poppisnop 428]

I don't this should be an issue for them, but they will always live in fear, of not been caught or penalized, but gradually as the crypto becomes global those countries will have no options but to make it legal so as to improve the countries economic growth.

[Hanbal 359]

On 12/23/2020 at 11:18 AM, guatazoo said:

We know thats there have countries which crypto is illegal but their citizens are using it illegal, so how big is case if someone has coughted with cryptocurrencies in countries thats crypto is illegal. 

It is better to follow the rules of your country if a country banned crypto and eventually some one is caught buying or selling bitcoin no doubt has commited illegal activity because it is agianst the country policy the best is for one should be patient uptill to when their country will finally to adopt it  i am optimistic many country will adopt cryptocurrency in the future because the world is moving into technology.

[Lokeloke 576]

On 1/2/2021 at 7:39 PM, Sykkuno said:

It is very sad that still many countries have banned crypto and while most of the world is advancing and giving the populations many options to control their financial life even in these conditions there are countries that don't care a lot, this s how these governments look like, not caring for their citizens well being as they blocked them from the digital wealth.

Our own Government even decided to be tracking any kind of debit card used to buy cryptocurrency, the person will be brought to justice after he was caught and will serve the assigned penalty

[khan22 3478]

Those peoples whihc don,t know about the crypto market they soon know about this market becasue soon in all over the world crypto market is going to be legal in all over the world and we can make good profit at that time.

[Ameralsamt 2558]

Dear I expect that they do not live in the first place or that they are ignorant people who do not experience digital development and technology, we must send them encryption and motivate and teach them to earn a lot of it, as well as for the prosperity of encryption and cryptocurrencies. 

[Maaz sultan 265]

On 12/24/2020 at 2:02 AM, Anshamaraam said:

I think this is not a big issue for them . They have the ability to make their lives by working offline like trading or business in offline markets between each others. Thanks

I am with you if you have buy any crypto legally with your money and you have money trail then no one can punish any one for own any crypto asset .

[Haley 832]

On 12/24/2020 at 12:18 AM, guatazoo said:

We know thats there have countries which crypto is illegal but their citizens are using it illegal, so how big is case if someone has coughted with cryptocurrencies in countries thats crypto is illegal. 

I think no one dares to use cryptocurrency illegally because it is the violation of rules and everyone know that any country can't bear the violation of its rules. 

[Sykkuno 2887]

7 hours ago, Lokeloke said:

Our own Government even decided to be tracking any kind of debit card used to buy cryptocurrency, the person will be brought to justice after he was caught and will serve the assigned penalty

This is very bad to read, friend. I don't know what advice to give for you, you just keep being safe and have your privacy intact. I hope that times will change and cryptocurrencies will become legal for everyone.