Author

Topic: Ban products from countries that ban Bitcoin (Read 136 times)

hero member
Activity: 693
Merit: 500
January 16, 2018, 02:33:16 AM
#7
It's possible?
I make purchases of all the material in the company for which I work and I intend to remove my Indonesian supplier for another.

What you're doing is more accurately called a boycott, and it's completely possible because it's completely your prerogative. I doubt it could gain much traction, but hey, whatever works for you. I personally feel like that's a little bit extreme, as it's going to hurt local businesses who have nothing at all to do with their government's rulings.

On a sidenote, Indonesia did not ban Bitcoins. They banned using Bitcoins for transactions, which basically means you can't pay with it. You can hold it, you can trade it, and you can buy it. You simply cannot use it in place of their currency. You may want to keep your Indonesian supplier for now.
It's possible?
I make purchases of all the material in the company for which I work and I intend to remove my Indonesian supplier for another.

Are you trying to form some kind of boycotting because a certain supplier doesn't accept Bitcoin? I highly doubt that will ever become a reality. Remember that not even a majority of the world is using Bitcoin, and even if the majority was, the seller has no issue accepting any other form of currency as long as they have customers buying. Without buyers, it makes sense to ignore a certain type of currency, but all that matters to the seller is how easy it is to get it converted to whatever kind of currency the seller wants. Bitcoin may not be as easy to get converted to fiat, so the seller decided to not accept it. I don't see any issue in that, especially because he's running a business.

I agree too. Use Love to Combat Fear not Fear/anger/hate etc.
People will eventually see the benefits of it.

A lot of people are already loving the fact that you can transfer funds internationally to anyone in the world through crypto.
This is the most amazing thing ever. No banks. No need for exorbitant fees. No stress or worry wondering if the money has gone through yet.

Almost instantly with XRP, LTC, DASH, STELLAR.

Wise words .... They have given me strong arguments to alleviate my obfuscation. Thanks mates Smiley
hero member
Activity: 1834
Merit: 759
It's possible?
I make purchases of all the material in the company for which I work and I intend to remove my Indonesian supplier for another.

What you're doing is more accurately called a boycott, and it's completely possible because it's completely your prerogative. I doubt it could gain much traction, but hey, whatever works for you. I personally feel like that's a little bit extreme, as it's going to hurt local businesses who have nothing at all to do with their government's rulings.

On a sidenote, Indonesia did not ban Bitcoins. They banned using Bitcoins for transactions, which basically means you can't pay with it. You can hold it, you can trade it, and you can buy it. You simply cannot use it in place of their currency. You may want to keep your Indonesian supplier for now.
newbie
Activity: 67
Merit: 0
I agree too. Use Love to Combat Fear not Fear/anger/hate etc.
People will eventually see the benefits of it.

A lot of people are already loving the fact that you can transfer funds internationally to anyone in the world through crypto.
This is the most amazing thing ever. No banks. No need for exorbitant fees. No stress or worry wondering if the money has gone through yet.

Almost instantly with XRP, LTC, DASH, STELLAR.
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
It's possible?
I make purchases of all the material in the company for which I work and I intend to remove my Indonesian supplier for another.

Are you trying to form some kind of boycotting because a certain supplier doesn't accept Bitcoin? I highly doubt that will ever become a reality. Remember that not even a majority of the world is using Bitcoin, and even if the majority was, the seller has no issue accepting any other form of currency as long as they have customers buying. Without buyers, it makes sense to ignore a certain type of currency, but all that matters to the seller is how easy it is to get it converted to whatever kind of currency the seller wants. Bitcoin may not be as easy to get converted to fiat, so the seller decided to not accept it. I don't see any issue in that, especially because he's running a business.
Agree with you here. The op must have lost his mind to make such a statement. Such behavior would only tend to hurt bitcoin and the crypto world which is not something I actively encourage. The fact as you stated is that majority of the world does not even know much about bitcoin(Forget about using it). It is our job as crypto professionals to help crypto newbies understand how bitcoin and altcoins can serve as great alternatives to FIAT currencies in the modern world today. We need to advertise bitcoin more actively in countries around the world to help people realize the value of this amazing coin.
hero member
Activity: 1372
Merit: 503
It's possible?
I make purchases of all the material in the company for which I work and I intend to remove my Indonesian supplier for another.

Hatred only begets more hatred. If we start boycotting countries or items and produce from those countries that have initially banned bitcoin. Then we are only breeding more animosity and more misunderstanding. What we should do is we can show some consideration and understanding to these cou tries and have them be educated to the possibilities that bitcoin can give
legendary
Activity: 1414
Merit: 1039
It's possible?
I make purchases of all the material in the company for which I work and I intend to remove my Indonesian supplier for another.

Are you trying to form some kind of boycotting because a certain supplier doesn't accept Bitcoin? I highly doubt that will ever become a reality. Remember that not even a majority of the world is using Bitcoin, and even if the majority was, the seller has no issue accepting any other form of currency as long as they have customers buying. Without buyers, it makes sense to ignore a certain type of currency, but all that matters to the seller is how easy it is to get it converted to whatever kind of currency the seller wants. Bitcoin may not be as easy to get converted to fiat, so the seller decided to not accept it. I don't see any issue in that, especially because he's running a business.
hero member
Activity: 693
Merit: 500
It's possible?
I make purchases of all the material in the company for which I work and I intend to remove my Indonesian supplier for another.
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