Pages:
Author

Topic: Bitcoin and how it is in different countires (Read 13395 times)

hero member
Activity: 798
Merit: 503
October 30, 2016, 01:38:10 PM
The major reason why I know government will ban Bitcoin will be largely due to their inability to control it and due to the majority of people using it who might not be in the good book of government couple with government not having enough resources to commit for such research to really understand it so they believe its better to ban it all together... Over here government has not even made a definite statement on it which is due largely to the number of people using and I think majorly because they have more mundane things to do rather than focusing on Bitcoin...
hero member
Activity: 532
Merit: 500
Of course it is sad. And I can't understand why is that so. Is it because btc is used often to buy drugs and weapon? But USD is used for it as well. Should we ban it as well? In my country it is just not in the law. Bitcoin is neither illegal nor legal. I am honestly not sure my government knows about such a thing at all.
yes in most of the countries still there is no clear statement about bitcoin that either it is legal or illegal. and that is the reason that people are still using it for different activities. as some people use it as investment while other use it as fiat currency. some people also use it for transaction purpose.
member
Activity: 114
Merit: 10
Many of these countries are not showing that negativity against BTC, China and Russia, The biggest countries taking negative responses to BTC have shown much improvement in their response and attitude to it, These countries are going to allow bitcoin again in the future.
legendary
Activity: 3332
Merit: 1404
Join the world-leading crypto sportsbook NOW!
Of course it is sad. And I can't understand why is that so. Is it because btc is used often to buy drugs and weapon? But USD is used for it as well. Should we ban it as well? In my country it is just not in the law. Bitcoin is neither illegal nor legal. I am honestly not sure my government knows about such a thing at all.
legendary
Activity: 1848
Merit: 1014
Many governments simply do not know what to do with Bitcoins. On the one hand, this new breakthrough technology, it is very convenient, reduces transaction costs, on the other hand the fear that these technologies will begin to use the criminals. But this is almost the same as to prohibit use of cash.
hero member
Activity: 798
Merit: 500
★YoBit.Net★ 350+ Coins Exchange & Dice
in my country bitcoin is not yet regulated. but you can use it as payment processor, no tax becasue not yet regulated.
in other place of my country, some tourism use bitcoin to pay anything, and more merchands avaible, but the volume transaction is still small.
my dream in future the goverment will make a public regulation to bitcoin.

Wow, atleast there is an improvement, look at that, there are already merchants that accept bitcoin in where you live. Sooner or later there will be a widespread about it and some store might start accepting bitcoin too, never mind the government not regulating bitcoin, coz they won't care since they don't have a share on bitcoin.  Cheesy
hero member
Activity: 700
Merit: 501
in my country bitcoin is not yet regulated. but you can use it as payment processor, no tax becasue not yet regulated.
in other place of my country, some tourism use bitcoin to pay anything, and more merchands avaible, but the volume transaction is still small.
my dream in future the goverment will make a public regulation to bitcoin.
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
In my country people happily adopt bitcoin when they learn about it especially when they come to know that the value of this currency increases faster they invest their money and hold them for longer and they also like to earn bitcoins online.

That's the common thing that is happening right now, they are flocking to bitcoin, some of them don't even have a knowledge how it works as long as they see that they could earn money... Maybe that's one that's driving some people to earn bitcoin, poverty...  Smiley
hero member
Activity: 826
Merit: 502
In my country not much people know about bitcoin but there are only some educated people who stay much of their time on internet know about that and they do trade with it and there are some software engineers who are working their hard to promote it in the country.
hero member
Activity: 1050
Merit: 521
In my country people happily adopt bitcoin when they learn about it especially when they come to know that the value of this currency increases faster they invest their money and hold them for longer and they also like to earn bitcoins online.
hero member
Activity: 672
Merit: 500
I feel sad ( Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed) to hear that bitcoin is being banned in countries including
Iceland
Bolivia
Ecuador
Kyrgyzstan
Vietnam
Bitcoin is such a wonderful online tool of this Modern world. Personally, i hope that these bans will be abolished and that everyone can access bitcoin in whatever country they are without any legal offence occurring. What do you guys think? 

these countries are just denying their country from the modern development of internet and online business, If they will not allow their nation for bitcoin then they will not be able to do any online deal as in the near future everyone is going to adopt bitcoin for their use.
but as still in most of the countries the government have not yet given any statement about bitcoin therefore all the people of these countries are using bitcoin in the same way as there is no banned on bitcoin there, and still there no tax on bitcoin.
Here in my country the adoption is increasing and there is no tax. government still not give any statement about bitcoin or even in news.. but i think bitcoin will be more popular that can also attract government to give statement for bitcoin to accept bitcoin locally.. someday it will be happen..
The governments of developed countries are already involved in bitcoin and they are giving different statements about bitcoin but the governments of underdeveloped countries are busy in the development of their country so they do not find any time for bitcoin and the people of that nations are free with their decisions about bitcoin.
sr. member
Activity: 281
Merit: 250
It is indeed a sad news, bitcoin supposed to be a freedom currency that can be used without the control of the government, however some selfish person used it illegally and breaking the country laws, that is why some of the country forbid it, if we can increase the bitcoin reputation i think it will wonderful to be able to use bitcoin everywhere
no i do not think that it is a bad news that it is not under the control of government actually it is a universal currency and therefore it cannot be under the control of any country
yes that is right to say that bitocin is a universal currency and is decentralize, therefore is is not under the control of any state or country. and that is the beauty of bitcoin that it has the same value in all over the world.
yes that is true that bitcoin is a universal currency and people from all over the world using it with same value everywhere, but still in different countries the behavior of the people is totally different with bitcoin, as some people thing it as just the wastage of time, while in other areas where there is some knowledge about bitcoin, they are considering bitcoin as one of he most import part of their lives.
sr. member
Activity: 252
Merit: 250
Are there some ways to come over the ban and use bitcoin no matter the interdict?
to me bitcoin is not yet banned by any country there fore people are simply using it, but if any country bane bitcoin then people will find way how to use it even banned in by the state, but i think still not a single country is feeling the need to find alternate way of using bitcoin.
full member
Activity: 210
Merit: 100
It is indeed a sad news, bitcoin supposed to be a freedom currency that can be used without the control of the government, however some selfish person used it illegally and breaking the country laws, that is why some of the country forbid it, if we can increase the bitcoin reputation i think it will wonderful to be able to use bitcoin everywhere
no i do not think that it is a bad news that it is not under the control of government actually it is a universal currency and therefore it cannot be under the control of any country
yes that is right to say that bitocin is a universal currency and is decentralize, therefore is is not under the control of any state or country. and that is the beauty of bitcoin that it has the same value in all over the world.
yes that is right that bitcoin is not under the control of any person or state as it is a universal currency having same value every where and is almost accepted by people in all the countries of the world.
sr. member
Activity: 252
Merit: 250
It is indeed a sad news, bitcoin supposed to be a freedom currency that can be used without the control of the government, however some selfish person used it illegally and breaking the country laws, that is why some of the country forbid it, if we can increase the bitcoin reputation i think it will wonderful to be able to use bitcoin everywhere
no i do not think that it is a bad news that it is not under the control of government actually it is a universal currency and therefore it cannot be under the control of any country
yes that is right to say that bitocin is a universal currency and is decentralize, therefore is is not under the control of any state or country. and that is the beauty of bitcoin that it has the same value in all over the world.
member
Activity: 79
Merit: 10
It is indeed a sad news, bitcoin supposed to be a freedom currency that can be used without the control of the government, however some selfish person used it illegally and breaking the country laws, that is why some of the country forbid it, if we can increase the bitcoin reputation i think it will wonderful to be able to use bitcoin everywhere
no i do not think that it is a bad news that it is not under the control of government actually it is a universal currency and therefore it cannot be under the control of any country
legendary
Activity: 1666
Merit: 1001
It is indeed a sad news, bitcoin supposed to be a freedom currency that can be used without the control of the government, however some selfish person used it illegally and breaking the country laws, that is why some of the country forbid it, if we can increase the bitcoin reputation i think it will wonderful to be able to use bitcoin everywhere
member
Activity: 68
Merit: 10
i think in most of the countries bitcoin has the same value, on other side as most of the countries has not yet consider bitcoin as legal  currency therefore i think bitcoin is still same everywhere.
legendary
Activity: 1302
Merit: 1027
In india still their is no conclusion on Bitcoin, as some time we have got news of arresting the person for using bitcoin , but that was for illegal use. but still we cannot use but we are converting it to fiat currency.
hero member
Activity: 658
Merit: 500
In my country it is not banned and I can easily use bitcoin in my country and can exchange it to any currency which I want and the government is also neutral to this currency and do not harm us for using it.
Pages:
Jump to: