Seems there will be some long explanation... :)
All their legislations on that topic is based on a false assumption that people who use BTC, XMR or whatever independent crypto for some insane reason have to exchange them to some official currency to use it. All that legislations are about official exchanges and other stuff that should provide info to the gevernment about all your transactions and demant ID from users.
Just imagine that you choose gold pieces as your currency. But for some insane reason (say, government prohibited direct exchange of gold to goods and vice versa), instead of direct exchange of gold pieces to goods or services you ordered to go to the bank to exchange them to some fiat and back and allowed to do it only after complete identification.
In reality, obviously, you don't need any exchanges to use your independent currency, be it gold, independent crypto or any other shit. You take your BTC and transfer them directly to owner of goods you need. Without any exchanges, government, whatever. From your address to seller address. Like with gold pieces, from your pocket to seller pocket. Or vice versa - you receive currency to your own pocket/address and do not exchange it to some state shit at all. You don't need any third-party to do it.
It is insane, how people could not get a simple fact - you absolutely don't have any need to exchange your independent currency on any exchanges to some other currency.
From the beginning and step by step.
- You create your own wallet for gold/silver/BTC/whatever in your own jacket/computer/whatever.
- You do some job or trade some goods and get payment in gold/BTC into your own wallet.
- You spend that money from your own wallet to pay for some job/goods directly, without any exchange to official currency, just like you directly received payments into your wallet.
- You safely use your BTC/gold/whatever without any control of any government.
One could say, that nearby grocery does not accept BTC/gold directly and demand ID or payment through some official exchange/payment system. Talk to grocery owner. I'm shure he is not happy with government controlling every single penny he earned working hard in his grocery. With high probability he will eventually gladly agree to receive direct payments in independent currency without notifying state about it.
There is no way government could control direct transactions of gold/BTC/whatever, they could only issue a prohibiting legislations, nothing more. And if you know that they couldn't detect that your private wallet belongs to you, could not detect that you take out gold/BTC/whatever from your wallet and transfer it to similar private wallet of another person government don't know about, than there is no any sane reason to obey their helpless legislations at all.
Don't obey any government legislations that prohibit owning, private exchange and trading in independent currencies. Don't show them your pockets, say by playing stupid games on exchanges. And that's all.
I don't care who and for what reason created independent p2p crypto. You could safely use them ignoring any laws, and that's all. Just like government agency created Internet - you could use easily and safely it to do things that government don't like and have no any problems. All you need to stay safe is just a little sensible precautions, nothing more.
Jusk like you don't show your pocket with gold to the government, don't show them your BTC wallet/addresses. Is it something hard to understand or what? Or trading on all that shitty and completely unnecessary Binance/Coinbase/whatever centralized and controlled trading platforms is some kind of heavy obsession?
During a years of BTC use and mining (when it was possible to mine them on regular PC at the very beginning) I never used any third-party services to exchange BTC to fiat and back. Never. It is not needed at all to use them as currency. I receive them for some jobs and goods, I spend them for some services and goods too. No problems at all. No state agency know that I'm doing it and so, obviously, could not control it.
Don't account state currency as a ultimate thing you have to use, accept and pay with. You don't. State currency is just a same thing as a loaf of bread or a spare part for your car, with one exception - you don't need it. And even if you want it, what stops you to buy it with your crypto, just like you bought that spare part, transferring money from your own private wallet to another person private wallet in exchange to some units of state currency? Who and how could track, prevent or count that transaction? Even if some questions will be arised, what prevent seller and you to say, that seller paid you in state currency for a good advice, some help in garage or lawn mowing without disclosing any crypto transactions?
You don't have to exchange dollar bills on some excahnges or show your ID when buying goods with dollar bills yet. Barely you will use ID or third-party exchanges if you will do your trade in gold pieces. So, why do you think it is necessary and unavoidable if you doing your trade with BTC?
Sometimes I getting an impression, that nearly all people who talk for or against independent crypto somehow suppose that crypto is what they see on their accounts at centralised exchanges they use to play stupid trading games in hope to get rich, not the p2p network, private nodes, private wallets and real principles of work. So, when that shitty crypto exchange that have really nothing to do with crypto system itself began to demand ID or whatever info, they suddenly began to think that "government control their crypto". That is not true. Government gaining control over your account on crypto excahnge where "your" crypto is even not yours at all, since you don't control your account wallet that belongs to a crypto excahnge. This is lunacy, especially taking in account that you don't need any crypto exchange at all to use crypto as currency. Install Bitcoin Core (the only official opensource and free bitcoin software) on your own computer, rise p2p connection to the network, create private wallet with some addresses nobody know about and you are completely independent from the government with your currency, until government completely shut down all Internet which is, at current point, completely unacceptable for government, since they actively use Internet for their propaganda and all that stuff.
Seems there will be some long explanation... :)
All their legislations on that topic is based on a false assumption that people who use BTC, XMR or whatever independent crypto for some insane reason have to exchange them to some official currency to use it. All that legislations are about official exchanges and other stuff that should provide info to the gevernment about all your transactions and demant ID from users.
Just imagine that you choose gold pieces as your currency. But for some insane reason (say, government prohibited direct exchange of gold to goods and vice versa), instead of direct exchange of gold pieces to goods or services you ordered to go to the bank to exchange them to some fiat and back and allowed to do it only after complete identification.
In reality, obviously, you don't need any exchanges to use your independent currency, be it gold, independent crypto or any other shit. You take your BTC and transfer them directly to owner of goods you need. Without any exchanges, government, whatever. From your address to seller address. Like with gold pieces, from your pocket to seller pocket. Or vice versa - you receive currency to your own pocket/address and do not exchange it to some state shit at all. You don't need any third-party to do it.
It is insane, how people could not get a simple fact - you absolutely don't have any need to exchange your independent currency on any exchanges to some other currency.
From the beginning and step by step.
- You create your own wallet for gold/silver/BTC/whatever in your own jacket/computer/whatever.
- You do some job or trade some goods and get payment in gold/BTC into your own wallet.
- You spend that money from your own wallet to pay for some job/goods directly, without any exchange to official currency, just like you directly received payments into your wallet.
- You safely use your BTC/gold/whatever without any control of any government.
One could say, that nearby grocery does not accept BTC/gold directly and demand ID or payment through some official exchange/payment system. Talk to grocery owner. I'm shure he is not happy with government controlling every single penny he earned working hard in his grocery. With high probability he will eventually gladly agree to receive direct payments in independent currency without notifying state about it.
There is no way government could control direct transactions of gold/BTC/whatever, they could only issue a prohibiting legislations, nothing more. And if you know that they couldn't detect that your private wallet belongs to you, could not detect that you take out gold/BTC/whatever from your wallet and transfer it to similar private wallet of another person government don't know about, than there is no any sane reason to obey their helpless legislations at all.
Don't obey any government legislations that prohibit owning, private exchange and trading in independent currencies. Don't show them your pockets, say by playing stupid games on exchanges. And that's all.
I don't care who and for what reason created independent p2p crypto. You could safely use them ignoring any laws, and that's all. Just like government agency created Internet - you could use easily and safely it to do things that government don't like and have no any problems. All you need to stay safe is just a little sensible precautions, nothing more.
Jusk like you don't show your pocket with gold to the government, don't show it your BTC wallet/addresses. Is it something hard to understand or what? Or trading on all that shitty and completely unnecessary Binance/Coinbase/whatever centralized and controlled trading platforms is some kind of heavy obsession?
During a years of BTC use and mining (whet it was possible to min them on PC at the very beginning) I never used any third-party services to exchange BTC to fiat and back. Never. It is not needed at all to use them as currency. I receive them for some jobs and goods, I spend them for some services and goods too. No problems at all. No state agency know that I'm doing it.
Don't account state currency as a ultimate thing you have to use, accept and pay with. You don't. State currency is just a same thing as a loaf of bread or a spare part for your car, with one exception - you don't need it. And even if you want it, what stops you to buy it with your crypto, just like you bought that spare part, transferring money from your own private wallet to another person private wallet in exchange to some units of state currency? Who and how could track, prevent or count that transaction? Even if some questions will be arised, what prevent seller and you to say, that seller paid you in state currency for a good advice, some help in garage or lawn mowing without disclosing any crypto transactions?
You don't have to exchange dollar bills on some excahnges or show your ID when buying goods with dollar bills. Barely you will use ID or third-party exchanges if you will trade in gold pieces. So, why do you think it is necessary and unavoidable if you doing your trade with BTC?
Sometimes I getting an impression, that nearly all people who talk for or against independent crypto somehow suppose that crypto is what they see on their accounts at centralised exchanges they use to play stupid trading games in hope to get rich, not the p2p network, private nodes, private wallets and real principles of work. So, when that shitty crypto exchange that have really nothing to do with crypto system itself began to demand ID or whatever info, they suddenly began to think that "government control their crypto". That is not true. Government gaining control over your account on crypto excahnge where "your" crypto is even not yours at all, since you don't control your account wallet that belongs to a crypto excahnge. This is lunacy, especially taking in account that you don't need any crypto exchange at all to use crypto as currency. Install Bitcoin Core (the only official opensource and free bitcoin software) on your own computer, rise p2p connection to the network, create private wallet with some addresses nobody know about and you are completely independent from the government with your currency, until government completely shut down all Internet which is, at current point, completely unacceptable for government, since they actively use Internet for their propaganda and all that stuff.