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Topic: Bitcoin and how it is in different countires - page 3. (Read 13264 times)

hero member
Activity: 994
Merit: 544
September 08, 2016, 08:14:57 AM
#88
Thank God my country is not on the list.  Yeah, why would they ban bitcoins, it can help in some other ways especially with their people if they want to have an additional income.  If I would be in that country I think I could use some trick for me to be able to access links to bitcoins.  It so sad to hear that there are countries who are not into some technological changes.
hero member
Activity: 686
Merit: 500
September 07, 2016, 03:08:16 PM
#87
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.
full member
Activity: 175
Merit: 100
September 06, 2016, 06:40:13 PM
#86
People have been saying it is a global currency so it should not differ from country too country just in how you exchange it to your local currency if you choose to do that instead of keeping it.
If you do then it does not change in the slightest. Smiley
sr. member
Activity: 252
Merit: 250
September 06, 2016, 06:37:03 PM
#85
different countries have their own law and regulation therefore they have thier own law about bitcon. but some countries are still there who have not yet given any statement about bitcoin.
yes it is a fact that different countries have their own rules and regulation they will be thinking about bitcoin in different ways, in my country the government has yet not taken any step about bitcoin and it is because that here a very little number of people know about bitcoin therefore the government is still not taking any step about bitcoin.
full member
Activity: 196
Merit: 100
September 06, 2016, 02:13:13 PM
#84
If bitcoin is proved to be useful and successful in other countries. The government which ban the bitcoin will legalize it and its people will benefit from it.
Yeah right if more people will use bitcoin and it will legal in every each country the price of bitcoin too will increase more.
For now we are just few and i think we are just 5% using bitcoin.. because they are still afraid to use bitcoin because of many scam allert..
but i think the main reason behind the fact is that most of the people have still no idea about bitcoin in my country still there are so many people who do not hear the name of bitcoin, they need proper guidance and briefing about bitcoin.
sr. member
Activity: 308
Merit: 250
September 04, 2016, 04:44:13 PM
#83
If bitcoin is proved to be useful and successful in other countries. The government which ban the bitcoin will legalize it and its people will benefit from it.
Yeah right if more people will use bitcoin and it will legal in every each country the price of bitcoin too will increase more.
For now we are just few and i think we are just 5% using bitcoin.. because they are still afraid to use bitcoin because of many scam allert..
but i think the main reason of less investors of bitcoin is the awareness, they need awareness about bitcoin and hope that will start taking interest in bitcoin, still there are more than 80 % people who even do not know about bitcoin then why wil they take interest in bitcoin.
legendary
Activity: 1092
Merit: 1000
GATCOIN : The New Currency Of Digital Marketing
September 02, 2016, 04:26:09 PM
#82
i would continue to use bitcoin if i were there, i would simply avoid to exchange it for fiat, after all is the final target of bitcoin
And how would you consolidate it in your accounts? I mean how would you show your earnings from bitcoin in your tax documents?

Unless it is substantial, you can always spend your bitcoins (although this technically results in a tax liability).
And buy it back with tax paid fiat.
If it is not substantial,why take risk andd use bitcoin in illegal way.It wont be easy to conceal your usage of bitcoin from authorities.I think the best option would be either move to country where bitcoin is legal or keep your coins in cold storage
legendary
Activity: 1582
Merit: 1064
i would continue to use bitcoin if i were there, i would simply avoid to exchange it for fiat, after all is the final target of bitcoin
And how would you consolidate it in your accounts? I mean how would you show your earnings from bitcoin in your tax documents?

Unless it is substantial, you can always spend your bitcoins (although this technically results in a tax liability).
And buy it back with tax paid fiat.
newbie
Activity: 8
Merit: 0
every country has their own polices and law they have their own strategies about bitcoin.
full member
Activity: 238
Merit: 100
Bitcoin banned by gov on that list country but it still many people on that country using bitcoin.
Whatever you do to ban bitcoin, bitcoin never die.

True but if governments declare that using bitcoins is illegal in a nation then it becomes hard for people to accept/spend/trade it easily and thus the adoption will be less in those countries.
yes the governments have full authority to take a decision about an issue and if they stop people from using a particular site or currency like bitcoin then the people of that country may not be able to use it. i think in most of the countries the government has yet not taken any step about  bitcoin that is way  people are using it freely.
sr. member
Activity: 308
Merit: 250
In my country not much people are aware with it and some of the people who are the online traders or online earners use this currency without any problem, and the government also do not interfere in it so we are free with the use of bitcoin.
your government do not interfere because most of the people do not know about bitcoin, they are not effecting the fiat currency of your country a lot. therefore your government is not taking any action about this, same is the case in my country, our government also yet not given any statement about bitcoin therefore we are also using it free minded.
sr. member
Activity: 281
Merit: 250


i would continue to use bitcoin if i were there, i would simply avoid to exchange it for fiat, after all is the final target of bitcoin

And how would you consolidate it in your accounts? I mean how would you show your earnings from bitcoin in your tax documents?
to me i still never get such a huge amount from bitcoin for which i can pay tax, i think i am earning some amount from bitcoin which can only assist me in controlling my daily expenses.
full member
Activity: 238
Merit: 100
In my country not much people are aware with it and some of the people who are the online traders or online earners use this currency without any problem, and the government also do not interfere in it so we are free with the use of bitcoin.
i think it is our duty to introduce bitcoin to other our friends and relatives, i think if most of the people will start using bitcoin then the government will also start thinking about bitcoin.
sr. member
Activity: 252
Merit: 250
In my country not much people are aware with it and some of the people who are the online traders or online earners use this currency without any problem, and the government also do not interfere in it so we are free with the use of bitcoin.
i think most of the people are facing such kind of issues. actually still majority of the people have no idea about bitcoin, most of the people not yet hear its name, i think we need to introduce bitcoin in our area and specially to educated people who can get easy access to bitcoin because they have good knowledge about computer and internet, to me as soon as more people will get awareness about bitcoin we will fell the change about bitcoin and hope a time will come when we will be able to use bitcoin just like fiat currency.
legendary
Activity: 1092
Merit: 1000
GATCOIN : The New Currency Of Digital Marketing


i would continue to use bitcoin if i were there, i would simply avoid to exchange it for fiat, after all is the final target of bitcoin

And how would you consolidate it in your accounts? I mean how would you show your earnings from bitcoin in your tax documents?
hero member
Activity: 746
Merit: 509
TIME and WAVE COINs TO REMEMBER
it is hard to block bitcoin and other altscoin form these countries also i am sure many users from those countries joining this world every day do you know why because it is open peer to peer system so no regulation at all will affect this system.
member
Activity: 112
Merit: 10
How soon will disappear these prohibitions. In vietnam from what I understand going to trade with Bitcoin
full member
Activity: 210
Merit: 100
In my country not much people are aware with it and some of the people who are the online traders or online earners use this currency without any problem, and the government also do not interfere in it so we are free with the use of bitcoin.
yes that is the situation in most of the countries, i think most of the countries have their own thinking and policy about bitcoin, they are taking bitcoin differently, some people have consider it as a legal currency, while some have consider it as illegal while some have not given any statement about bitcoin, therefore in such state the people are free to use bitcoin but the government departments will still not accept bitcoin from the people.
full member
Activity: 124
Merit: 100
different countries have their own law and regulation therefore they have thier own law about bitcon. but some countries are still there who have not yet given any statement about bitcoin.
hero member
Activity: 1232
Merit: 669
In My country Venezuela is little inestable, but more people start using bitcoin everyday because they want to avoid the currency politics.

Some miners has been arrested and some others still operating, the goverment don't want people using but if you dont talk to much you can have little amouts for making business.

Quizás quisiste decir: algunos venezolanos piden préstamos en bitcoin para sus negocios por lo que es realmente incierta la realidad
some Venezuelans borrow in bitcoin for business so it is really uncertain reality.

still it is not fully clarified the legality of bitcoin although knowing the government is likely this situation will change
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