Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: bdsharminsoltana on September 29, 2018, 06:57:06 AM

Title: How can a goverment trace you have BTC?
Post by: bdsharminsoltana on September 29, 2018, 06:57:06 AM

How can the government discover I own BTC, let's say I'm from Venezuela where crypto is banned, what they can do to discover and arrest me?

Title: Re: How can a goverment trace you have BTC?
Post by: kamal420 on October 03, 2018, 09:32:51 PM

Bitcoin is sometimes thought of as the prime anonymous cash of the Internet, believed to be as untraceable as an under-the-table payment to a babysitter or a drug dealer. But the dramatic trial of Ross Ulbricht, a 30-year-old man accused of running the contraband Silk Road marketplace, is finally putting those misconceptions to rest.

Title: Re: How can a goverment trace you have BTC?
Post by: Black ID on October 04, 2018, 11:28:22 AM

I know bitcoin cannot be tracked. The government banned the use of bitcoin but they did not openly plot sites related to bitcoin or track who owns bitcoin. I think it's difficult. This means that bitcoin is not completely banned, just a warning not to use bitcoin as payment.