Topic: Bangladesh will jail Bitcoin traders? (Read 4080 times)
Lol..there's literally no way they could track the BTC transactions.!! Bangladesh has a lots of problems in itself...no way someone looks into these affairs.!
While most people in Bangladesh are poverty stricken and illiterate, most Americans are similar with regard to their country, the United States of America.
The underlying, basic law in America is common law.
Things that can be done with pure common law by any American who knows:
1. Grow your own weed for your own use without being stopped.
2. Get your weed back from the government at your trial. Also proves you innocence.
3. No more traffic fines if you have not harmed anyone or damaged his property.
4. Hold a judge in contempt if he does not recognize your status under common law.
5. No more school requirements for your kids. If CPS takes them, you get them back.
6. Freedom to do ANYTHING that does not harm someone, damage his property, or break a contract.
The underlying, basic law in America is common law.
Things that can be done with pure common law by any American who knows:
1. Grow your own weed for your own use without being stopped.
2. Get your weed back from the government at your trial. Also proves you innocence.
3. No more traffic fines if you have not harmed anyone or damaged his property.
4. Hold a judge in contempt if he does not recognize your status under common law.
5. No more school requirements for your kids. If CPS takes them, you get them back.
6. Freedom to do ANYTHING that does not harm someone, damage his property, or break a contract.
It's exactly this kind of bullshit that makes sure some poor countries will continue to stay poor.
Funny, like BTC is going to magically solve their problems
You are just angry you are not getting suckers to buy BTC and make you rich.
Wow... Talk about stupidity from Bangladesh's government. One of the countries that could most gain with Bitcoin remittances, says it's ilegal to use it. I wonder if someone within Bangladesh's central bank has a high stake in the remittances businesses.
All central banks fear bitcoin because it has the potential to take all control away from them.
Is bitcoin really capable of toppling the current frequency of a certain country?
those poor poor bitcoiners. they didn't do anything wrong!
poor bitcoiners. should have bought gold
It can't be a coincidence that the countries taking these hostile actions towards Bitcoin are almost all totalitarian regimes that historically enact policies economically harmful to their own citizens.
There is huge contradiction..! As far as I know Payza is authorized payment processor in Bangladesh and most of e-commerce websites accepts Payza there , and payze itself accepts withdrawal in bitcoin, so are they going to ban payza too don't know where they are heading towards .... what a mess..?
The US is not too much far away from that.
Instead of punishment by jail time they make money from early adopter with asset tax on bitcoins.
The US is not too much far away from that.
There is something perverse about the idea of "since bitcoin is not legal, then obviously it is illegal and we will ruin your life if you use it"
No punishment would ever make up for the sick ideas that the 20th century elite managed to impose on humanity.
No punishment would ever make up for the sick ideas that the 20th century elite managed to impose on humanity.
It's exactly this kind of bullshit that makes sure some poor countries will continue to stay poor.
One of the countries that could most gain
When talking about "countries" you always have to distinguish between government/elite and population. Same in the US - doesn't matter what helps the majority. They're not making the decisions.
This is what convinces me that the ruling elite are particularly short-sighted.
Yes, you can be stinking rich by oppressing the masses and keeping them poor. On the other hand, you can not oppress them and be almost as stinking rich while being able to access the output of a much more productive workforce. And not have to worry about revolutions quite as much.
FWIW, the west is the closest to what you described out of nearly any other bloc of civilizations in the history of the world.
I look at voter apathy (in the absence of things like 'one candidate per ballot' or 'vote
- or be dissapeared') as a measure of how good things are.
One of the countries that could most gain
When talking about "countries" you always have to distinguish between government/elite and population. Same in the US - doesn't matter what helps the majority. They're not making the decisions.
This is what convinces me that the ruling elite are particularly short-sighted.
Yes, you can be stinking rich by oppressing the masses and keeping them poor. On the other hand, you can not oppress them and be almost as stinking rich while being able to access the output of a much more productive workforce. And not have to worry about revolutions quite as much.
FWIW, the west is the closest to what you described out of nearly any other bloc of civilizations in the history of the world.
And then they didn't
they don't really know if this is the future of transaction... let them grow up first 
even without the Ban, people here in Bangladesh is pretty restricted in terms of using Bitcoin. Because we don't have any local trading system to accept bitcoin. So what the hell should I do with my bitcoin in Bangladesh. 
Keep it. Use it online. Use it when you're out of country. But if you're really desperate and don't know what the hell you should do with your bitcoins, you can send them to my address below and you need not have to worry about it anymore
One of the countries that could most gain
When talking about "countries" you always have to distinguish between government/elite and population. Same in the US - doesn't matter what helps the majority. They're not making the decisions.
This is what convinces me that the ruling elite are particularly short-sighted.
Yes, you can be stinking rich by oppressing the masses and keeping them poor. On the other hand, you can not oppress them and be almost as stinking rich while being able to access the output of a much more productive workforce. And not have to worry about revolutions quite as much.
Wow... Talk about stupidity from Bangladesh's government. One of the countries that could most gain with Bitcoin remittances, says it's ilegal to use it. I wonder if someone within Bangladesh's central bank has a high stake in the remittances businesses.
All central banks fear bitcoin because it has the potential to take all control away from them.
Have there been any instances of this law being applied to individuals yet?
Frankly, who cares about Bangladesh? Half of them are trying to cross into India, and the other half are fleeing to the Gulf.
Besides, they will never be able to sync their wallets anyway with their dial ups
Bangalesh alone is really not a very big influence on the bitcoin economy. It does however set a potentially bad precedent that other countries could follow that would cause it to be very difficult to use bitcoin (or trade bitcoin) in places of the world that have governments with similar views. Besides, they will never be able to sync their wallets anyway with their dial ups
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