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Topic: Bangladesh government banned bitcoin ? - page 10. (Read 1514 times)

member
Activity: 224
Merit: 11
It's a recent development and there are many ways to counter that.
newbie
Activity: 35
Merit: 0
This is an old issue and I think they are hunting those people who are using bitcoin and other cryptocurrencies check the article here. But this act can't give big impact to the existence of the bitcoin. I believe that bitcoin will grow and strong in the future .If you are living in Bangladesh better to use a VPN to save your bitcoin or you can exchange it into perfect money and withdraw it in any 3rd party exchange from perfect money.

https://news.bitcoin.com/bangladesh-authorities-hunt-bitcoin-traders/

full member
Activity: 476
Merit: 100
Bangladesh is a country that includes banning the world of cryptocurrency but not necessarily to debate because there are already some countries also banned bitcoin but to this day bitcoin is still in demand all the people in the world including me so any way every country bans bitcoin bitcoin will not die and bitcoin continues growing with global turnaround.
full member
Activity: 266
Merit: 100
Anyone knew about that Huh

Is it true news Huh
why did they do that? Its so sad for the bangladesh people that they cant use bitcoin because of that it so unfair
jr. member
Activity: 322
Merit: 1
Bangladesh central bank warned the people not to trade bitcoin and they will be taking strict actions who are dealing with crypto currencies.They have alerted the foriegn exchange to monitor the people who are doing transactions with crypto currencies including bitcoin and take necessary action.



Actually I don't know about it because I only know that every country accepting bitcoin. Other country didn't accept bitcoin but they didn't banned it because they want only to put a tax on it and not to banned it.


You are right sir.
Thanks for your complement sir..... Smiley
jr. member
Activity: 322
Merit: 1
Anyone knew about that Huh

Is it true news Huh
Yes,this is true news bitcoin banned in the Bangladesh country. Basically some countries government want cost of the dollars. But did not given them bitcoin. Then their do not support them.but already lost of countries accept the bitcoin. I hope bitcoin will going to the over all the world.


Thanks for your complement sir..... Smiley
jr. member
Activity: 322
Merit: 1
I suspect maybe this is related to the law of using bicoin there.
this is normal because some countries apply the same rules.
but after understanding the risks and systems used blockchain technology gradually the government began to provide rules and the public is allowed to use bitcoin.


Thank you sir for your complement...... Smiley
jr. member
Activity: 322
Merit: 1
again like many other countries. its not a law banning it. its a memo/circular that BANKS wont offer trading currencies from BANKS

you wont find a BTM(bitcoin atm) or a bitcoin cashier desk inside a bank branch. because just like toilet roll and baked beans. its not a banks job to offer bitcoin toilet roll or baked beans.

banks are suppose to only handle fiat
this circular is a reminder of fiat laws that banks have to obide by that go back decades/centuries. again this does not ban citizens holding bitcoin or toilet paper. it just reminds banks to not offer a bitcoin trade desk within a bank branch


Thanks for your complement sir.... Smiley
jr. member
Activity: 322
Merit: 1
Yes it is true, but you should not worry too much for it, the bitcoin ban in Bangladesh will not make bitcoin die, and I believe that soon Bangladesh will definitely lift its ban.


Thanks for your complement sir..... Smiley
jr. member
Activity: 322
Merit: 1
This is an old issue and I think they are hunting those people who are using bitcoin and other cryptocurrencies check the article here https://news.bitcoin.com/bangladesh-authorities-hunt-bitcoin-traders/

However, some of my friends from Bangladesh are still accepting bitcoin as payment, but why this news still discussed?

If you are living in Bangladesh better to use a VPN to save your bitcoin or you can exchange it into perfect money and withdraw it in any 3rd party exchange from perfect money.


Thanks for your complement sir..... Smiley Smiley Smiley
member
Activity: 517
Merit: 10
Anyone knew about that Huh

Is it true news Huh
Yes,this is true news bitcoin banned in the Bangladesh country. Basically some countries government want cost of the dollars. But did not given them bitcoin. Then their do not support them.but already lost of countries accept the bitcoin. I hope bitcoin will going to the over all the world.
full member
Activity: 378
Merit: 100
Bangladesh central bank warned the people not to trade bitcoin and they will be taking strict actions who are dealing with crypto currencies.They have alerted the foriegn exchange to monitor the people who are doing transactions with crypto currencies including bitcoin and take necessary action.



Actually I don't know about it because I only know that every country accepting bitcoin. Other country didn't accept bitcoin but they didn't banned it because they want only to put a tax on it and not to banned it.
newbie
Activity: 27
Merit: 0
I did not knew about this, I am not sure that it will affect the prices much. There must be very limited number of investors from that country in my opinion.
member
Activity: 123
Merit: 10
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Yes it is true, but you should not worry too much for it, the bitcoin ban in Bangladesh will not make bitcoin die, and I believe that soon Bangladesh will definitely lift its ban.
yes you right, this act can't give big impact to the existance of the bitcoin. I believe that bitcoin will grow and strong in the future.
member
Activity: 448
Merit: 17
this kind of news is not necessarily true
if Bangladesh does banning bitcoin, it should be more viral than this
it seems that someone is trying to make a hoax news, for the sake of cunning
member
Activity: 218
Merit: 11
This took place long back and the usage is still found over there in an illegal manner. There are cryptocurrency traders who hail to India and other neighboring countries to make use of bitcoin and people who caught using bitcoin were punished severely.
jr. member
Activity: 31
Merit: 1
It's true, being a small nation with a large population, Bangladesh has more than 100 Banks, so if people starts dealing with crypto currencies, Banks will go bankrupt. The current state of Bangladesh is not good, government regulations in dealing with business, not to mention people who have ties with the Government are making millions of dollars. Bangladesh is one of the most corrupt country in the world and Government wants to control everything. We are doomed.
newbie
Activity: 80
Merit: 0
What I know, the first country to ban bitcoin is bangladesh. In September 2014, the Central Bank of Bangladesh released a statement that bitcoin is a currency that does not have a centralized payment system that is potentially harmful to society. The government of Bangladesh even gives a maximum sanction of 12 years in jail for the transactions bitcoin and other digital currencies.
full member
Activity: 714
Merit: 101
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whether the news is true, or just a hoax .. ?? I think we need to trace the truth of the news, do not be used as a reference .. because not necessarily true ..
newbie
Activity: 28
Merit: 0
yes, central bank issues notice banning Bitcoin in Bangladesh. These digital currencies are not authorised by any legal authority of any country and thereby no financial claims can be made against such currencies.
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