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Cryptocurrency discussions / Re: The impact of crypto on our lives
« on: Today at 12:13:26 PM »But in reality, even if it is prohibited, residents are still looking for ways to do it. Because I don't think this is a criminal act because it's just investing in crypto. As good citizens we are obliged to obey these rules, but we also have to find a reasonable reason why crypto is not permitted in a country. Because many other countries whose governments have allowed their citizens to invest in cryptoThe state must always be present for its people. Actually why are there still countries that don't accept crypto? Of course there is a reason and those who know, because all authority lies with the government that determines it, there may not be any regulations that can regulate the existence of crypto, so they have to be careful. Indeed, in the future, everyone will not be able to avoid advances in crypto-technology.Actually, I also see why there are still countries that prohibit crypto, even though in several countries the government has started to legalize crypto for investment. The government of the country that prohibits its citizens from investing in crypto should learn more and deepen their knowledge about crypto,Banks can only stop you from buying and selling crypto but once you already have it, they can't stop you from making transactions and crypto payments using it.In general, banks in "crypto-unfriendly" countries may freeze all fiat transactions of users related to crypto, for example, information attached to transactions such as "buy BTC". Users may even face more trouble when their accounts are frozen and investigated for money laundering or using crypto to make payments instead of fiat.
It is a well known fact.
People can still be cautions about involving their bank into any crypto transactions, but once you're on the Internet, you've got nothing to fear.
In such countries, for example Vietnam, holders can sell crypto for fiat through P2P, OTC, and then use fiat to pay bills. Directly using crypto for payment is considered illegal. In many other countries, people can access crypto payment methods, but in essence, their crypto is sold through a third-party service for fiat and then paid with fiat, the seller will receive fiat instead of crypto.
As long as it is not permitted, it is not good to go against the rules set by the government, because at any time you could be caught too.