Bitcoin cash is one of the best crypto-currency all over the world. The purpose of Bitcoin cash is spread it every corner of the world. So, everyone can make their business life too easy. There is a lot of risk of using real cash. But bitcoin cash is safe for use. Because of its security. But,
Why the hell am I arrested?
Yeah, It's my guilty to holding and buying bitcoin cash illegally. But now it’s bad work to buy that crypto-currency here?
Because Bitcoin cash or Bitcoin is banned in our country. Frankly saying using crypto-currency is banned in our country.
You can ask me, why Bitcoin banned in your country? When this electronic coin is most popular all around the world?
Yeah, there are several reasons for banned bitcoin cash in our country. I'm showing you some bad sides of Bitcoin cash.
Bitcoin cash can be a way to money laundering.
Bitcoin cash can be a way to terrorist works.
Can occur hugh cheating on buying that crypto-currency.
Casino play.
Tax Evasion.
Corruption. Etc
Money Laundering
Money laundering is one of the most cause of banned bitcoin or bitcoin cash in our country. Our government thought that anyone can easily pass our money to another country through this cryptocurrency. When money laundering is a major problem in our country.
Terrorist work
In every country many terrorism work done by lots of terrorists they kidnap people, they ask for money. But now in the present time, they do not take that money in real cash. Because, before there was a lot of risk-taking money in real for terrorist, there is a chance to catch But not they ask money through bitcoin cash or Bitcoin. Because in every transaction of bitcoin never show any users name or any identity. So It's a very clever idea to make money via bitcoin cash or any cryptocurrency
Cheating on buying crypto-currency
I have heard a case about stealing money when someone asks for buying bitcoin. The fake author takes him all money, and they cheated him. So there is a lot of case like this. So the government though that, some people will randomly cheat they will goor selling cryptocurrency.
Tax evasion
Tex evasion is a major problem in every country. There are lots of of of of of billion-doa ad dollar radar men who always search the option to evaluate the Tax. Bitcoin or bitcoin cash is one of the best ways to store all of the money in a little space. And no one will aware of your money. The government will never find your money. Because It’s impossible to see anyone’s money instead of the owner. So It's a pretty clever idea to evasion the tax.
Casino Play
The casino is another game banned in our country. Only the way of casino millions of dollar transaction each other with cheap fees. But it's against our country rules. So our government banned cryptocurrency and casino too.
How I arrest?
I had some bitcoin cash or BCH in my wallet. Due to pumping up the value of bitcoin cash I though I can sell my all bitcoin cash in our any bank, though there is a lot of YouTuber in our country who sell their dollar in the the the bank. So I thought I also can sell my BCH in a bank. It's a safe way to sell BCH in a bank. But I didn’t know that Bitcoin or any crypto-currency banned in our country. So I went to them and ask about selling bitcoin. After hearing that, I have bitcoin, and it's illegal to keep bitcoin here, they seized my all bitcoin. Around 30$ worth bitcoin cash. After then they called the police station and the police came and arrest me for keeping bitcoin. After 1 day they free me.
They how should I sell my bitcoin cash?
After searching on youtube. I find a video, where they give me full instractions on how to withdraw or sell bitcoin cash in our country. So I deed a very unexpected work to went a bank for selling bitcoin. Haha. I hope our country will remove banned on bitcoin or bitcoin cash very quickly.
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You say that you got arrested. Are you writing this post from the jail?