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Topic: Bitcoin and how it is in different countires - page 6. (Read 13264 times)

hero member
Activity: 798
Merit: 1000
November 24, 2015, 02:28:08 PM
#28
Well these are not big countries and i don't think that will impact the price.
But the popularity is being decreased year by year(by banning in these countries)
So this is not good for the community and @Snorek i don't think government will implement bitcoin.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
November 24, 2015, 05:34:00 AM
#27
It's sad that it's banned in some countries. It's because of criminals abusing and misusing bitcoin that they are banned

i don't this is the reason, cirminal use more the local fiat currency than bitcoin, i think it's because the governement don't know how to deal with bitcoin, so the simply way is to ban it for the moment, but they can always change their mind in the future

Yes exactly this! They are just short-sighted and they don't see and understand big picture. All of these bans are also happening on the suggestions of few people that don't have a clue what the Bitcoin is, so called experts.

It's just a matter of time until they don't unban it in my opinion!
legendary
Activity: 1848
Merit: 1000
November 24, 2015, 03:40:39 AM
#26
Yeah I think it is more to do with the local governments perhaps not understanding it fully and not being able to control it, it will happen at some point but for now let them do what they need to Smiley
legendary
Activity: 3248
Merit: 1070
November 24, 2015, 03:34:15 AM
#25
It's sad that it's banned in some countries. It's because of criminals abusing and misusing bitcoin that they are banned

i don't think this is the reason, cirminal use more the local fiat currency than bitcoin, i think it's because the governement don't know how to deal with bitcoin, so the simply way is to ban it for the moment, but they can always change their mind in the future
full member
Activity: 182
Merit: 100
Pollak
November 23, 2015, 04:49:15 AM
#24
It's sad that it's banned in some countries. It's because of criminals abusing and misusing bitcoin that they are banned
member
Activity: 98
Merit: 10
November 23, 2015, 04:47:03 AM
#23
yes ! it is true that bitcoins is banned in some countries due to illegal use of bitcoins . because using bitcoins many terrorist missuses the bitcoins for weapons contract that is bad.
but , i think in the future there will be some limitation on the bitcoin user. that will tends to increase the use of bitcoins.
full member
Activity: 224
Merit: 100
November 22, 2015, 07:33:30 AM
#22
I don't think every country will be able to ban Bitcoin, they can make it illegal, therefore they can charge you for criminal activities.

The reason why it's banned or made illegal in certain countries is because the government don't have any control over it.
full member
Activity: 199
Merit: 100
in the end, you only find the beginning
November 05, 2015, 06:14:47 AM
#21
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.
It will be quite opposite, if bitcoin will be successful, governments will see BTC as a threat to their own controlled currency.
And will try to ban, regulate or convince people that bitcoin is not trustworthy to invest in.

Well it can be the opposite or not, im not saying that they will try to win in some way with it, ofc that they will try to do that, thats his "style of life", but what will happen if bitcoin is big enough to don't let them do it and people choose to work with bitcoin instead of his own currency money?

Obviously this is a perfect scenario, but don't forget that is a possible scenario and the more that they wait to adopt it, bitcoin become more stronger.
legendary
Activity: 1400
Merit: 1001
November 04, 2015, 07:50:21 PM
#20
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.
It will be quite opposite, if bitcoin will be successful, governments will see BTC as a threat to their own controlled currency.
And will try to ban, regulate or convince people that bitcoin is not trustworthy to invest in.
newbie
Activity: 37
Merit: 0
November 04, 2015, 02:32:21 PM
#19
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.
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
November 04, 2015, 07:33:43 AM
#18
I think they banned it because they may have misunderstood how blockchain and bitcoin works or they have no any idea about all of this. There are lots of countries like mine Nepal where i think only 0.001% people know the word bitcoin. So if more people know how blockchain technology works in future, these restrictions will be removed.
Do you think governments would ban Bitcoin because of misunderstanding about the system? They have lots of resources to refer from. Bitcoin is banned mostly due to the fact that government want to establish a control over their citizen and prevent them using it for unlawful purposes.
full member
Activity: 199
Merit: 100
in the end, you only find the beginning
November 04, 2015, 06:01:08 AM
#17
legendary
Activity: 994
Merit: 1000
November 04, 2015, 05:55:57 AM
#16
I think they banned it because they may have misunderstood how blockchain and bitcoin works or they have no any idea about all of this. There are lots of countries like mine Nepal where i think only 0.001% people know the word bitcoin. So if more people know how blockchain technology works in future, these restrictions will be removed.
full member
Activity: 140
Merit: 100
November 04, 2015, 05:43:37 AM
#15
Don't worry those countries are pretty much irrelevant sh*tholes.  Once they see that everybody else is using bitcoin they will change their mind.
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
November 04, 2015, 05:22:25 AM
#14
sr. member
Activity: 448
Merit: 250
Craig Wright is scammer.
November 04, 2015, 05:15:56 AM
#13
There are still proxies.People will still access it.I don't think any country has legalized any cryptocurrency.So a ban won't matter much.
legendary
Activity: 1184
Merit: 1013
November 04, 2015, 05:11:05 AM
#12
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
November 04, 2015, 05:10:46 AM
#11
There is no effective way to ban Bitcoin completely. It could scare off potential investors and the general public and brick and motar buisnesses would not deal with it. But it is still an effective way to transfer money and use online. Users can still transfer money to another person from another country and trade Bitcoins with them.
full member
Activity: 224
Merit: 100
November 04, 2015, 05:07:22 AM
#10
Sad to hear regarding about this thread, so many countries banned because of using bitcoin that can't be taxed by the government. What a lame! The government itself is afraid for sure to be defeated by a virtual currency.  Cool
sr. member
Activity: 574
Merit: 250
November 04, 2015, 04:56:24 AM
#9
In some of these countries ban is only nominal. And you still can trade without problems.
For example trading bitcoins in Vietnam is still unrestricted by law, and two largest bitcoin markets in Vietnam - VBTC and Bitcoin Vietnam are working without being restricted.



I'm starting to think these newbie accounts are just here to spread FUD and drama over bitcoins. They are either people who missed the train and want the price to go down so they can buy in again, or members of r/buttcoin.
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