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Topic: 5 countries that banned bitcoin - page 37. (Read 3401 times)

legendary
Activity: 2912
Merit: 6403
Blackjack.fun
January 26, 2018, 06:24:52 AM
#2
First, this one shitty title.
You have "BITCOIN HAS BEEN BANNED!" as a title and in your posts you start with "COUNTRIES THAT BANNED BITCOIN".
And it's all in CAPS which is annoying as hell, if you want to scream that much open the window and do it.
What you've done here is trying to get visitors to your topic (for what reason..I can only guess....)

But everything you wrote it's already old news..
https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

The wiki page is pretty up to date so you can check there what country has "banned" bitcoin.
Because in the case of Nepal, bitcoin has not been banned but declared illegal as a method of payment.

https://sanzeevdahal.com.np/bitcoin-banned-in-nepal/
Quote
All wallets site, Mining sites, ICO, HYIP, faucets all sort of bitcoin-related websites are still working in Nepal. So it’s not totally banned but illegal to buy bitcoin.

Also:
Quote
Be due to fear,ignorance and protectionism, governments have a tendency to legislate against perceived threats

If governments would have a tendency to act like that against bitcoin, we would have 90 countries "banning" bitcoin and 5 accepting it instead of the opposite.
Besides, I've always said that people are ruled by the ones they deserve, if you are ruled by some idiots signing stupid laws ...guess what.
jr. member
Activity: 70
Merit: 4
January 26, 2018, 05:38:21 AM
#1
COUNTRIES THAT BANNED BITCOIN

Before we start to our topic this I want to tell that some of you might know about this but I just wanna share this to those who are not.

                Several people believe that bitcoin was a blessing and it was an opportunity
for everyone but not everyone shares the sentiment. From central banks and other finance company, Bitcoin's list of detractors runs for a very long time and gone so deep.But most of the government around the world seeks for the regulation of bitcoin.

                Be due to fear,ignorance and protectionism, governments have a tendency to legislate against perceived threats.Countries such as japan protects its citizens to have free trade of the digital currency.But unfortunately not all countries embracing the change of our technology.In some cases citizens have had their assets seized,accounts got frozen and have been locked up, Government can't stop the blockchain from propagating, but they can stop their people in having access to it.

STOP THE BITCOIN!!

               Like banning drugs,alcohol and other stuffs banning bitcoin sounds nonsensical and unforceable.That's the exact case in five countries:

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

It was recently reported in https://news.bitcoin.com/bitcoin-illegal-in-nepal-police-arrest-seven-individuals-for-trading-operations/
that there were dozens of bitcoin and crypto enthusiasts get imprison seemingly guilty of little more than operating a small-scale bitcoin exchange.

Meanwhile Ecuador has outlawed bitcoin, nit because they opposed this crypto but because they want to regulate and control it and tether it with the Ecuadorian dollar.An Electronic money designed to operate ad support monetary scheme dollarization.Completing the naughty list of countries that have banned bitcoin is Kyrgyzstan, a tiny landlocked state in Central Asia,
And Bangladesh banned bitcoin, it was 2014 where Bangladesh bank stated that anyone that will be caught using such online currency could be jailed mostly because it's about "MONEY LAUNDERING".


this was already an old news for updated list

https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory


so what do you think? will your country will ban the use of bitcoin?
do you know other countries that ban the bitcoins?
Please share it and tell to everyone Smiley
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