Topic: Bangladesh government banned bitcoin ? - page 3. (Read 1514 times)
While some countries are inclined to stay in and create the best conditions for bitcoin activities, there are those who are trying to limit bitcon activity.
Anyone knew about that 
Is it true news
Is it true news
Its another sad news for me. Bangladesh banned bitcoin and the government has a regulation about it. According to what I read, they have a law that if they knew someone who uses bitcoin they will hunt it and put it on jail. Well, that is their regulation and we are not allowed yo break it unless we want to go on jail. Let's respect their decision and continue to promote the positive effect of bitcoin despite of this things.
Many governments are afraid of cryptocurrencies and prohibit them because they know they are losing monetary control, however, these restrictions are temporary, because in the end, cryptocurrencies will replace conventional money.
yes,Bangladesh government banned bitcoin & if anyone use bitcoin then he will be arrested by police. but still many young people's used bitcoin so hidely. day by day bitcoin hyip in Bangladesh is too much good. I think government change the rules for bitcoin users
thanks
thanks
This is now an old issue and heard police arrested some bitcoin holder wherever they find people exchanging bitcoin.But people are still using and exchanging bitcoin,people just need to be careful,otherwise no worries!!
Yeah, it's a very shocking incident for all the crypto dealers. Bangladesh government should good use of its huge population by granting bitcoin transaction which can lead to developing its economy level but Alas! They banned it, instead of accepting bitcoin.
It is a pity that the government of this country acts according to its incomprehensible logic, banning cryptocurrency. I do not think that this poses any threat to the country's economy. The authorities are simply afraid of the new, unexplored technology and are too conservative to allow this technology to develop.
Most emerging country still afraid on bitcoin and cryptocurrency. If they adapting bitcoin system and allowing their cryptocurrency payment in their country, i am believe it will rise their economic. Tourist will come more and people get an opportunity make extra income in this market
I don't think that we have some facts to back up your claim because bitcoin or crypto is still very young and only few countries have adopted it so we don't have a sample data to really conclude that it will help the economic or financial status of any countries.
Anyone knew about that
Is it true news
Is it true news
This is concluded in which Bangladesh really banned the use of Bitcoin and other crypto currencies in the country. We can't blame this country if they are too blind to see the benefits of adapting Bitcoin. Hopefully they will change their stand in the future specially if the countries who supported Bitcoin are enjoying prosperity. https://www.thedailystar.net/law-our-rights/law-analysis/bitcoin-legality-in-bangladesh-bank-1602583
It is a pity that the government of this country acts according to its incomprehensible logic, banning cryptocurrency. I do not think that this poses any threat to the country's economy. The authorities are simply afraid of the new, unexplored technology and are too conservative to allow this technology to develop.
Most emerging country still afraid on bitcoin and cryptocurrency. If they adapting bitcoin system and allowing their cryptocurrency payment in their country, i am believe it will rise their economic. Tourist will come more and people get an opportunity make extra income in this market
It is a pity that the government of this country acts according to its incomprehensible logic, banning cryptocurrency. I do not think that this poses any threat to the country's economy. The authorities are simply afraid of the new, unexplored technology and are too conservative to allow this technology to develop.
It is a pity that the government of Bangladesh does not see the positive sides of bitcoin and decided to ban it. I do not think that is appropriate, given the rapid pace of development in the world. I hope that over time the authorities will change their decision to a positive one.
They are not actually totally banning bitcoin but only limiting their people to use it because of the hacking and other improper use of bitcoin. Bangladesh is on of the 3rd world country where bitcoin might help them to improve their status but sad to know that there are people using it to outweigh or scam others.
The ban on the use of crypto or bitcoin currencies carried out by the Bangladesh government will not have an impact on the continuity of bitcoin, I see that only a small percentage of the population of Bangladesh uses bitcoin, and is not part of a large country which when the government prohibits the use of bitcoin, will be able to give an impact negative for bitcoin. Over time, there will also be a change of government, my hope that later when there is a new government in Bangladesh, the government will support the use of crypto or bitcoin currencies in Bangladesh.
when I see news like this I just think some countries government are selfish and do not want to see there citizen successful. A poor country like bangladesh with low standard of living is still banning cryptocurrency which has put a smile on peoples faces. This might dash the hope of people getting money to feed their family. Ones they start strict regulation mostly on local exchangers, it will very difficult to trade crypto even if you are using vpn because most people will probably sell their coin for fiat.
It seems that there is no effect with the development of bitcoin on the news, and until now Bitcoin still continues to expand and even expand. The Bangladesh government has not been able to accept bitcoin because technology and thought that is not able to control the development of the times, and the free market cannot be applied by them. But there is no need to be discouraged, this will definitely improve and will accept it. Waiting for time, surely they will realize the benefits of bitcoin and internet technology.
Nothing effect if Bangladesh government banned bitcoin because member bitcoin is not come from bangladesh, we are really afraid when we found great and higher country like Japan, South Korea and Indonesia have banned using bitcoin transaction for their people.
Well, most people in bangladesh are poor in their economy, most of them are ignorant without the knowledge of the benefits of blockchain techonogy so its government does not accept bitcoin. They do not know exactly, bitcoin is a digital currency that highlights all the benefits.
It would be too hard to do a blanket ban on Bitcoin because too many people have access to means in order to purchase or sell it and I believe Bitcoin is way too BIG now to ban and many governments and big banks now will be using the blockchain technology to improve their services, so if Bangladesh decides to stay behind, as a country it will lose out a lot in the new innovative technology that is driving this 4th Industrial revolution. I am hopeful that they will become less strict but money laundering and tax evasion is always an issue, thus they are being cautious I guess until they can fully regulate Cryptocurrency and Bitcoin.
Just wait for the need flood and they ask for international aid. If offers are made in bitcoin i bet the law will be changed very quickly.
I see no reason to do this. most likely the government just wants to earn bitcoin too, that's why it did
I'm not surprised to read that a country prohibits the use of bitcoin in its country, with the aim of protecting its citizens from heavy losses because bitcoin has large fluctuations, in addition to avoiding illegal and criminal cases, due to anonymous bitcoin ownership. Jump to: