coolbird22
Recruit
Is it still banned ? If so, is there a workaround ? Apart from Paypal, what are the other ways to receive money ?
Hate to say this but freedom from fiat money is not possible (unless your paying in gold or barter only). both bitcoin and real currency derive their value from a 'virtual' source. for currency the backing comes from the government. that's why currency notes have a 'i promise to pay the bearer...' part signed by the appropriate official.The whole benefit about freedom from Govt controller fiat money rests on this point.
I will answer what I had in mind, but before that: can you tell why would you be interested in BitCoin?Hate to say this but freedom from fiat money is not possible (unless your paying in gold or barter only). both bitcoin and real currency derive their value from a 'virtual' source. for currency the backing comes from the government. that's why currency notes have a 'i promise to pay the bearer...' part signed by the appropriate official.
For bitcoin it comes from it's perceived value to the individual. this value is either in the form of anonymity, country neutral currency or future value on an exchange (i.e. it's value in fiat currency).