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Topic: 5 countries that banned bitcoin - page 21. (Read 3393 times)

jr. member
Activity: 130
Merit: 1
WayMaker Miracle Worker
May 05, 2018, 01:07:01 PM
Those countries that Banned bitcoin funny decision, thant cant work government cant control the system no way for them to penetrate individual account, so sorry for the government, but the people are stee doing Bitcoin you see why they cant deceive the people Never again will the people allow the government to deceive them again.
full member
Activity: 321
Merit: 102
May 04, 2018, 04:55:23 PM
All of those 5 countries look like poor countries and I don't think they have many influences on bitcoin neither on its popularity or its price. A very few people from those countries actually use cryptocurrencies and that's why I say that. Also, I don't think this ban will actually stop people from using cryptocurrencies. Maybe they can't use bitcoin in national shops but they surely can use cryptos for international payments since governments can't check those transactions.
sr. member
Activity: 726
Merit: 251
May 04, 2018, 04:41:27 PM
Some countries prohibit the existence of bitcoin is a tight state of government may want to be the highest point of all financial related exchanges that can create different costs and benefits for the economy. Another factor is the existence of the use of cryptographic money for misguided or false purposes. Cool
newbie
Activity: 98
Merit: 0
May 04, 2018, 11:41:39 AM
according to an article I learned that forbids bitcoin ie
1.Nigeria
2.Taiwan
3.China
4.Colombia
5.Ecuador
The above five countries include countries that prohibit bitcoin and have different reasons.
member
Activity: 143
Merit: 10
May 04, 2018, 11:38:08 AM
just simple to me. The beginning of this thread was written in January.
I reply to this thread, this time, May.
4-month difference. surely you can observe if you observe, anything that happens during that time. I do not really find it difficult for such news, vilifying the other bitcoin and crypto. it is not a problem at all. because I think Bitcoin, in particular, is too strong to be undermined by the political stance of a particular country.
because I am a fool about crypto, I am just a user and not an expert, so I can only see the attitude of developed country governments in the world. advanced in its economy. not very interesting to observe the attitude of a weak economic country.
newbie
Activity: 364
Merit: 0
May 04, 2018, 11:10:19 AM
There are around two hundred countries of the world. The mention five countries like

1.Bangladesh
2.Bolivia
3.Ecuador
4.Kyrgyzstan
5.Nepal

are not so important country of world politics. Though it bring negative impact to the people, I think it will over shortly. And near future many country will well come BTC for its importance. So, hope for the better.
newbie
Activity: 108
Merit: 0
May 04, 2018, 10:57:30 AM
The five countries that banned Bitakenai are:
Bolivia
Bangladesh
Nepal
Morocco
Ecuador

Money laundering, considering the high risk for investors, this country banned bitcoin.
sr. member
Activity: 574
Merit: 250
May 04, 2018, 10:38:32 AM
Thanks to heaven all those countries that banned bitcoin are of little consequence to the global cryptocurrency liquidity or global blockchain industry direction.
full member
Activity: 179
Merit: 100
May 04, 2018, 09:01:28 AM
Countries around the world have a wide ranging view of the digital currency bitcoin or a “virtual currency.” Western superpowers like the United States and United Kingdom have shown a positive attitude towards the new technology. Some countries like Canada and Australia are still deliberating on what to do about Bitcoin, legally. And the many others have already made their decision against digital currency as a whole, and bitcoin, in particular, so here we’ll list the ten places you’ll find the most trouble using bitcoin. Keep in mind not recognizing or supporting the use of bitcoin and banning bitcoin are two different things.
newbie
Activity: 140
Merit: 0
May 04, 2018, 08:24:26 AM
They just not understand about it and they just going to save line because they still doesn't know how to regulated it or making a rule to keeping bitcoin in their track
member
Activity: 266
Merit: 32
May 04, 2018, 08:21:20 AM
Countries can banned BTC/Cryptocurrency but they can't stop it. I believe there are still lot of people doing business in cryptocurrency even though the government banned those things.

How can India be ignored for its actions on Bitcoin. India follows British banking system.
newbie
Activity: 112
Merit: 0
May 04, 2018, 06:28:32 AM
Dictatorship countries will ban crypto because their governments want full control of their people. Thank God I live in a democratic country.
jr. member
Activity: 196
Merit: 1
May 04, 2018, 06:04:58 AM
Mine particular county is not having a real regulations or laws by now, I hope they will accept, not forbit the BTC and Alts.
newbie
Activity: 119
Merit: 0
May 04, 2018, 06:02:30 AM
The  five countries banned the bitcoin are Ecuador, Israel, Bolivia,  Nepal, Bangladesh  and there have othere  country more who banned Bitcoin.
full member
Activity: 504
Merit: 100
May 04, 2018, 05:57:54 AM
I know China banned bitcoins for a couple of reasons including power consumption and economic stability within the country. We can't blame them for taking necessary steps. They only did these things to prevent economic disasters brought upon by mass money laundering.
member
Activity: 238
Merit: 10
May 04, 2018, 05:56:14 AM
I thought that it is some big and influential countries.  Grin And this proves that Europe and America have large views on bitcoin and are not going to give up future profits and advantages...
jr. member
Activity: 179
Merit: 1
May 04, 2018, 05:48:24 AM
In many countries bitcoin is illegal but it does not mean to be proud of it. In many countries, strict rules have been issued against bitcoin.
1.Bangladesh
2.Bolivia
3.Ecuador
4.Kyrgyzstan
5.Nepal
If you use bitcoin in these countries, there is a great punishment.
jr. member
Activity: 420
Merit: 1
May 03, 2018, 04:10:29 PM
I think that the countries that have banned bitcoin are only slowing down in development. Civilized countries develop the crypto industry, introduce the study of crypto currencies in the secondary school curriculum, prepare laws regulating crypto currency, hold forums and conferences with reports.
sr. member
Activity: 1190
Merit: 253
May 03, 2018, 02:47:47 PM
Some will accept it and some don't. That's their prerogative, they have all their reasons why they don't want Bitcoin. Bitcoin is good if we use it properly, it is a solution to most problems of many people that is why people really appreciate it. This is the reason why we need to help and spread the great news about Bitcoin and all the benefits we can get from it.
legendary
Activity: 1120
Merit: 1000
May 03, 2018, 02:46:47 PM
Countries can banned BTC/Cryptocurrency but they can't stop it. I believe there are still lot of people doing business in cryptocurrency even though the government banned those things.
Bitcoin is ban in many country due to some reason. Bitcoin ban in china, Ecuador, North Korea, Bangladesh, Israel  etc. At first Bitcoin ban in china. And at that time it makes big impact on Bitcoin price. China government ban it because it directly affect their own currency which ultimately affect their country economic growth value so their politicians put pressure on government to ban it. Ecuador, North Korea like country also because bitcoin put negative effect on their economy because it s user doesn't pay tax to their government. In country like Israel it is ban because bitcoin associated with many criminal activities.  Kiss
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