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Topic: Bangladesh will jail Bitcoin traders? - page 3. (Read 4063 times)

legendary
Activity: 3906
Merit: 1373
September 18, 2014, 10:23:25 AM
#29
Bangladesh is a common law nation, based on British common law. If the people understood how powerful this is, they could almost outlaw the government. In the event you are interested in how common law can be used over there, look at how Karl Lentz is teaching people to use it in the United Kingdom.

http://www.unkommonlaw.co.uk/

http://www.talkshoe.com/talkshoe/web/talkCast.jsp?masterId=127469&cmd=tc

Many of the Talkshoe recordings are hosted by Bali, from the U.K. I don't know where his family is originally from, but with a name like Bali, might even be Bangladesh.

Smiley
It is, in theory possible to overthrow any government regardless if "the law" allows for this to happen. I would however doubt that they would attempt to overthrow the government of Bangladesh in an attempt to be able to use bitcoin, the benefits are simply not there for the people to try to do that.

The idea isn't to overthrow the government. The idea is to protect yourself from the government.

In English common law, there are basically only 3 things that the government can get you for:
1. If you harm somebody;
2. If you damage his property;
3. Breach of contract.

The government can make all the statutes stick, if you don't fight them on common law grounds. But if you fight them common law, nothing sticks except the above 3.

As a warning to anyone reading this, it is complete nonsense, and has nothing to do with the definition of a common law country.

While it is true that not all common law countries are created equal, English common law is very powerful. There are two parts to it. There's the part that the Crown enjoys, having to do with past rulings, and there is the part that the people can enjoy, if they know about it. It is called Queen's Bench, and used properly, it makes use of the basic 3 parts listed in my first post above.

See what has taken place in England regarding this, within the last couple of years or so. Similar can happen in Bangladesh if the people start to wake up.

http://www.unkommonlaw.co.uk/

http://www.talkshoe.com/talkshoe/web/talkCast.jsp?masterId=127469&cmd=tc

http://www.myprivateaudio.com/Karl-Lentz.html

While not everything in the links is UK, it is all based on the basic kind of law that Bangladesh has. Bangladesh has English common law. The stuff in the links can be used, with a few tweaks, in Bangladesh.

Smiley
sr. member
Activity: 406
Merit: 250
September 18, 2014, 09:54:33 AM
#28
Absolutely amazing what Countries will do to prevent bitcoin being used in their Countries even taking drastic measures like this to prevent it. It's a sorry shame to see that they will go to these lengths to do this however, I see people finding a way around it.
legendary
Activity: 2436
Merit: 1561
September 18, 2014, 09:47:24 AM
#27
1) Sent to jail
2) Cannot access wallet
3) Hodl for 12 years
4) Profit

Lol. But then:

5) another 12 years in jail (for selling/using bitcoins)
sr. member
Activity: 952
Merit: 281
September 18, 2014, 06:58:29 AM
#26
1) Sent to jail
2) Cannot access wallet
3) Hodl for 12 years
4) Profit
member
Activity: 109
Merit: 10
September 18, 2014, 06:51:06 AM
#25
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
newbie
Activity: 21
Merit: 0
September 17, 2014, 08:55:22 AM
#24
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.
legendary
Activity: 2170
Merit: 1427
September 17, 2014, 08:39:04 AM
#23
Who cares about Bangladesh, it's rotten from inside.

Especially third world countries would benefit from allowing Bitcoin.

It can give their "economy" an incredible boost.
legendary
Activity: 1386
Merit: 1016
September 17, 2014, 08:30:02 AM
#22
This country is behind many years comparing to other countries. There is no much internet coverage and many people have no bank accounts. Even they deny the new technology and will fall behind forever.
sr. member
Activity: 476
Merit: 250
September 17, 2014, 08:14:27 AM
#21
Bangladesh is a common law nation, based on British common law. If the people understood how powerful this is, they could almost outlaw the government. In the event you are interested in how common law can be used over there, look at how Karl Lentz is teaching people to use it in the United Kingdom.

http://www.unkommonlaw.co.uk/

http://www.talkshoe.com/talkshoe/web/talkCast.jsp?masterId=127469&cmd=tc

Many of the Talkshoe recordings are hosted by Bali, from the U.K. I don't know where his family is originally from, but with a name like Bali, might even be Bangladesh.

Smiley
It is, in theory possible to overthrow any government regardless if "the law" allows for this to happen. I would however doubt that they would attempt to overthrow the government of Bangladesh in an attempt to be able to use bitcoin, the benefits are simply not there for the people to try to do that.

The idea isn't to overthrow the government. The idea is to protect yourself from the government.

In English common law, there are basically only 3 things that the government can get you for:
1. If you harm somebody;
2. If you damage his property;
3. Breach of contract.

The government can make all the statutes stick, if you don't fight them on common law grounds. But if you fight them common law, nothing sticks except the above 3.

As a warning to anyone reading this, it is complete nonsense, and has nothing to do with the definition of a common law country.
newbie
Activity: 44
Merit: 0
September 17, 2014, 08:12:11 AM
#20
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.
full member
Activity: 147
Merit: 100
September 17, 2014, 05:17:45 AM
#19
Bitcoin is freedom. You express the value of your hard work, your sweat and effort the way you want to, not because of the mandate of some financial/governmental entity. Thus, it is natural and expected that many governments will fear the onset of a system that allows the citizenry to escape from financial slavery. The slaves are revolting. Bitcoin is a litmus test for showing which governments truly respect the will of the people versus those that seek to keep them financially burdened by a decrepit, inflated, debt based fiat money system.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
September 17, 2014, 01:41:05 AM
#18
those poor poor bitcoiners. they didn't do anything wrong!

hero member
Activity: 658
Merit: 500
September 17, 2014, 01:34:40 AM
#17
Likely some capital control measure but the irony is that the upper class and middle class in Bangladesh already has the means to move their money abroad.

So the end result is this is just a sickening move to deprive people the opportunity to have a bank account (AFAIK - when I used to read about Micro Credit in India, the number one issue they encountered was the fact that almost nobody had a bank account due to banks unwilling to provide that service for the rural poor in the Indian sub-continent.  Bitcoin is a means for these people to finally have a bank account or a near-equivalent).



yeah at what cost?
hero member
Activity: 756
Merit: 506
September 17, 2014, 01:29:05 AM
#16
Likely some capital control measure but the irony is that the upper class and middle class in Bangladesh already has the means to move their money abroad.

So the end result is this is just a sickening move to deprive people the opportunity to have a bank account.

If I recall the main issue they've had with MicroCredit was the fact that practically nobody has access to a bank account in India, due to class and/or caste discrimination.   Bitcoin is finally a means for these people to have a near-equivalent to a bank account but no surprise that the upper class elites are hostile towards Bitcoin.

legendary
Activity: 1344
Merit: 1000
September 17, 2014, 01:09:15 AM
#15
Propaganda
full member
Activity: 363
Merit: 100
SWISSREALCOIN - FIRST REAL ESTATE CRYPTO TOKEN
September 16, 2014, 11:39:42 PM
#14
Can't expect a country like Bangladesh to embrace technology innovation.

Some people prefer to be remain staying in the cave or on the tree. Let them.
legendary
Activity: 3906
Merit: 1373
September 16, 2014, 10:41:54 PM
#13
Bangladesh is a common law nation, based on British common law. If the people understood how powerful this is, they could almost outlaw the government. In the event you are interested in how common law can be used over there, look at how Karl Lentz is teaching people to use it in the United Kingdom.

http://www.unkommonlaw.co.uk/

http://www.talkshoe.com/talkshoe/web/talkCast.jsp?masterId=127469&cmd=tc

Many of the Talkshoe recordings are hosted by Bali, from the U.K. I don't know where his family is originally from, but with a name like Bali, might even be Bangladesh.

Smiley
It is, in theory possible to overthrow any government regardless if "the law" allows for this to happen. I would however doubt that they would attempt to overthrow the government of Bangladesh in an attempt to be able to use bitcoin, the benefits are simply not there for the people to try to do that.

The idea isn't to overthrow the government. The idea is to protect yourself from the government.

In English common law, there are basically only 3 things that the government can get you for:
1. If you harm somebody;
2. If you damage his property;
3. Breach of contract.

The government can make all the statutes stick, if you don't fight them on common law grounds. But if you fight them common law, nothing sticks except the above 3.

Individual use of Bitcoin can't be stopped in a common law country, unless it can be proven that the Bitcoin user has violated one of the 3. And there has to be literal harm to a person shown, or damage to his property. Breach of contract is really damage of property.

Smiley
sr. member
Activity: 280
Merit: 250
time
September 16, 2014, 08:29:35 PM
#12
Serves them right. If they start getting the internet and figuring out how much the clothes they make sell for: the government's fucked.
sr. member
Activity: 476
Merit: 250
September 16, 2014, 08:25:16 PM
#11
Bangladesh is a common law nation, based on British common law. If the people understood how powerful this is, they could almost outlaw the government. In the event you are interested in how common law can be used over there, look at how Karl Lentz is teaching people to use it in the United Kingdom.

http://www.unkommonlaw.co.uk/

http://www.talkshoe.com/talkshoe/web/talkCast.jsp?masterId=127469&cmd=tc

Many of the Talkshoe recordings are hosted by Bali, from the U.K. I don't know where his family is originally from, but with a name like Bali, might even be Bangladesh.

Smiley
It is, in theory possible to overthrow any government regardless if "the law" allows for this to happen. I would however doubt that they would attempt to overthrow the government of Bangladesh in an attempt to be able to use bitcoin, the benefits are simply not there for the people to try to do that.
sr. member
Activity: 406
Merit: 250
AltoCenter.com
September 16, 2014, 02:10:40 AM
#10
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. Angry Angry
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