Topic: 5 countries that banned bitcoin - page 6. (Read 3393 times)
In general, Japan, Singapore, Britain and Australia are relatively friendly to bitcoin.. But there are also some who think Bitcoin is legal, as long as we use Bitcoin in the right way I'm sure nothing will happen.
Some of these happens as a result of fear and Because of ignorance, many governments tend to pass laws without understanding and to prohibit things that they consider to be a threat. And although they can not prohibit a blockage, they have every chance to prevent citizens from accessing this technology which they consider as best in the interest of their citizens.
The main reason can be that still most of the countries afraid to turn bitoin as legal currency, they still consider bitcoin as threat to their country, but i think that it is not so, bitcoin can only improve the economy of a country, because bitcoin is currently providing such opportunities to people which can increase the financial status of such people. 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.
Yeah, that is correct. Government can ban bitcoin and other cryptocurrency in their country but they cant stop it. Government cant observe what is happening on Internet, so it is one of the problem of the government, how they will be implement their law because Internet is very complex thing on Earth.
It depends on the government's perspective in responding. In fact, no government makes the right decisions at all times. Not too concerned with government decisions. We do not make bitcoin, we benefit from something made by someone super genius. Bitcoin is just an opportunity for us. (For me) Bitcoin is not my life, so, if my country will be banned bitcoin in the future, I consider it a lost opportunity and leave. Thanks #CMIIW
New zealand, China, and the United States, but they are not banned at 100% , it is just a heavy regulation over cryptocurrencies
That relies upon purpose of perspectives of governments. In reality, no legislature is taking right choices in constantly. Couldn't care less a lot about government choices. We didn't make bitcoins, we're getting preferences from something made by somebody super virtuoso. Bitcoins is only an open door for us. (For me) Bitcoins isn't my life, in this way, if my nation would be restricted bitcoins later on, I consider it as a lost opportunity and leave away.
Bitcoin is not legall in those 5 countries still: https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory
So I assume it is not big deal, these are emerging countries that will IMHO addopt it later. No worries guys.
So I assume it is not big deal, these are emerging countries that will IMHO addopt it later. No worries guys.
Not too important countries in the world financial market. The ban of bitcoin by this countries will not affect the market in any way.
it seems you do not have to make a statement about "stop the bitcoin" it will make traders panic and will make the brand will be affected to sell at low prices should you better do not spread the bad news like this.
don't think countries should ban bitcoin because of money laundering. Every existing digital currency has their limit. They may have other reasons in banning bitcoin. I think they haven't seen yet the benefits they can get with digital currency for now.
Whatever a country's policy of bitcoin may be the best for everyone. Regardless of some countries that follow banned bitcoin, hopefully in the future there will be countries that accept and legalize bitcoin so that it will improve the bitcoin market situation. Let's hope for the best.
I think its no longer news countries Banning BTC, The trend has been so rampant with a number of them regulating the Bitcoin usage, i think this is one of the major reasons as to why Bitcoin is struggling in the market. Its unfortunate that such things are still happening but we have to hold on and kee the faith
Hi there edsnow2017! Never thought that there are still countries that ban the utilization of bitcoin besides the good and vast benefit it brings. I think there is some country that is not listed there, some country even prevents to access this forum to protect the citizen from illegal activities bitcoin brings. On the other hand, I hope that those countries could see the positive effects of the technology.
You should respect the decisions of your country, if it is dangerous to your country you should not rule it
Countries that banned bitcoins are mostly underdeveloped and rare people are concerned about this.Also, those countries who prefered to stay away would regret later since the bitcoin has so many advantages.
Hello guys, i request to say don't give negative news that may make men frustrated. Beside of ban news there are also some positive news-https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory that you may circulate for everybody whom found new era in BTC. Negative and positive in everywhere. So as a block chain technology it never be fake BTC. Big big milliners have invested more and more money here. So i think it can not be banned and now its like a research that whole government body is working. 
Well, for the future it could be increased or decreased, I mean that countries that do banning bitcoin, can not be predicted with certainty. What is clear with the existence of this global regulation, will have an impact on the decline in bitcoin value globally, many investors back to sell that makes the market worsening.
Do not care too much about the banning of bitcoins in countries, you will understand because it is something that can easily be exploited
Please don't spread false news and can you tell me where you got that Bangladesh banned cryptos. I am the native Bangladeshi guy and have every single moment news in our country so that's why it's absolutely a false news.
And no surprise all 5 countries are Third World countries, which probably still hanging people... Sorry for people who lives there, but it is how it is, for small pot you get probably 5 year sentence.
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