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The ip address would not stop the users to continue trading the cryptocurrency in the area. They would use the VPN to eliminate all potential traces.They are truly serious about eliminating the use of it ,I think instead of stressing themselves to track certain ip address ,they could take another step by making strict laws regarding it ,but the route that they are taking towards crypto currency is not favourable
Do you know one interesting thing about technology as China is working tirelessly to prevent cryptocurrency transactions it is possible some Techi guys also working round the clock to come up with softwares that will make it very difficult for the country or the government to track transactions online.The ip address would not stop the users to continue trading the cryptocurrency in the area. They would use the VPN to eliminate all potential traces.
The problem with vpn I that some exchange platform don't allow the use of it ,and they could ban your account immediately you are caught using it to login into the exchange platformThe ip address would not stop the users to continue trading the cryptocurrency in the area. They would use the VPN to eliminate all potential traces.
It is not really a big challenge because the citizens won't go near such Exchange platforms to avoid being ban and loosing their funds.The problem with vpn I that some exchange platform don't allow the use of it ,and they could ban your account immediately you are caught using it to login into the exchange platform
Then they would find it hard to easily convert the cryptocurrency to flat currency , because many exchange platform dosent support the existence of VPNIt is not really a big challenge because the citizens won't go near such Exchange platforms to avoid being ban and loosing their funds.
It's the best way to avoid unnecessary sanctions is to stop all cryptocurrency activities if it's prohibited in your country as this could make you lose your funds.The problem with vpn I that some exchange platform don't allow the use of it ,and they could ban your account immediately you are caught using it to login into the exchange platform
Or better still if you have a trusted friend abroad ,you could give him your account to help you continue trading ,or you leave the country I thinkIt's the best way to avoid unnecessary sanctions is to stop all cryptocurrency activities if it's prohibited in your country as this could make you lose your funds.
That's on the extreme. There are countless online investments you could engage in aside cryptocurrency. Forex is also a good way to make money online.Or better still if you have a trusted friend abroad ,you could give him your account to help you continue trading ,or you leave the country I think
Yeah but we should also note that it is not every trader that love forex , most prefer crypto as they can hold and it's more volatile and profitable on a long term compared to forexThat's on the extreme. There are countless online investments you could engage in aside cryptocurrency. Forex is also a good way to make money online.
It's also important not to forget that the volatility of cryptocurrency makes it very risky when compared with forex. If you are well informed around forex, it's a good way to make cool money.Yeah but we should also note that it is not every trader that love forex , most prefer crypto as they can hold and it's more volatile and profitable on a long term compared to forex
They already knew it would be difficult to get their citizens to stop mining and using cryptocurrency completely. Its possible to achieve this but this would take their country far behind.It is an indication that all the measures will be put in place to stop the Citizens from engaging in cryptocurrency activities is not working and that is why they are going much deeper let's see how the outcome face will be.
Yeah it's very risky ,what is more profitable have great risk attached ,that is why before investing in cryptocurrency the person needs to have the necessary idea firstIt's also important not to forget that the volatility of cryptocurrency makes it very risky when compared with forex. If you are well informed around forex, it's a good way to make cool money.
I think it is even better they allow their citizens to use cryptocurrencies on their own risk instead of spending resources to ban what is difficult to ban.They already knew it would be difficult to get their citizens to stop mining and using cryptocurrency completely. Its possible to achieve this but this would take their country far behind.
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