bitcoin BANNED in bolivia | Bitcointalksearch.org

Akiko

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Quote from: Df9898 on June 30, 2018, 04:08:57 AM

its a bad idea to ban bitcoin in bolivia because bitcoin have high value and banned made bolivia economics weakness.

I think you did not know that it's already happened, as far as I know it in the 2014.
Actually it's an old news and as far as I know they ban in Bolivia because the government are can not control it, correct me if I'm wrong.

Df9898

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its a bad idea to ban bitcoin in bolivia because bitcoin have high value and banned made bolivia economics weakness.

ir.yance

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Quote from: Donotfoolme on May 10, 2018, 07:08:06 AM

BOLIVIA

the central bank of bolivia,el banco central de bolivia said in a statement:

"it is illegal to use any currency that is not issued and controlled by a goverment or an authorized entity."

yes I think that is indeed happening in 2014, now we are already in 2018 I think residents in BOLIVIA still make money from working on bitcoin.
I think this news is outdated, presumably at this time some people in the country are making money by trading and investing in bitcoin.

AVAMONEY

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I think that the prohibition of bitcoin and Crypto as a whole in a country like Bolivia should not have a big impact on the market. Although in Bolivia Bitcoin is banned, but the public interest there is still very high for playing Bitcoin. they must have a way to keep playing Bitcoin and Getting money from Bitcoin. And we hope, there is no longer a country that prohibits Bitcoin, let Bitcoin quickly grow and its value can be high again, even higher than the end of 2017 yesterday.

coinwizard_

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Most Advanced Crypto Exchange on the Blockchain

Bolivia is a liberal country so it would surprise most of us if they really did ban bitcoin and other cryptocurrencies. It's not like they have an extensive economy to protect, maybe it's to block drug traders from laundering money

Hidden

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no problem bolivia banned bitcoin because bolivia is not one of the countries with the use of bitcoin is great there are many other countries that use bitcoin as a means of payment legitimate

Findingnemo

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Quote from: AllenTurner on June 17, 2018, 12:25:33 AM

I don't agree with this because i think today or tomorrow they must accept this.

Yes don’t make any thought before they choose which is right because if a country does not accept a currency it is due to some economical reason otherwise there is no offence will be there for them .

AllenTurner

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I don't agree with this because i think today or tomorrow they must accept this.

adamlillian

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Quote from: Donotfoolme on May 10, 2018, 07:08:06 AM

BOLIVIA

the central bank of bolivia,el banco central de bolivia said in a statement:

"it is illegal to use any currency that is not issued and controlled by a goverment or an authorized entity."

At present, Bitcoin is considered an illegal currency, it is reasonable. Because it is not protected by the government, there is no guarantee of safe transactions. It is a distinct and unacceptable component of the world.
Anyway, I still believe in the future of Cryptocurrency. Because it can change the whole world by the excellent Blockchain technology.

stayeduptolate

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Quote from: Donotfoolme on May 10, 2018, 07:08:06 AM

BOLIVIA

the central bank of bolivia,el banco central de bolivia said in a statement:

"it is illegal to use any currency that is not issued and controlled by a goverment or an authorized entity."

Bitcoin the most utilised and most sustainable crypto currency among all and there are even few countries that has legalised bitcoin even like japan South Korea Florida etc and has been using bitcoin for daily base transactions but still there are several countries for that bitcoin is still a concept and they consider bitcoin a myth and a kind of Ponzi scheme and the Bolivia is one of them for them bitcoin is still a illegal currency and we have to create awareness among them for this

louis sean

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This is not new and not surprising news. Bolivia has recently banned bitcoin, then again allowed its use. The country is not constant in its decisions.

Hua cuong

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Literally nobody cares about tiny countries that have no effect on the world, they make these statements as if they will have any effect on the bitcoin industry. Because we are all expecting all bitcoin because we all know that it knows it is true that anybody is trying to keep us going it must be because it is the poverty problem.

bauntyshark

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Not a wise decision from their side. And we can do nothing but how to take. Very bad that the local government cuts the opportunities for the citizens

ShadowBits

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Quote from: Donotfoolme on May 10, 2018, 07:08:06 AM

BOLIVIA

the central bank of bolivia,el banco central de bolivia said in a statement:

"it is illegal to use any currency that is not issued and controlled by a goverment or an authorized entity."

They are going to enable it again once all of this is going up. They are obviously doing some FUD to make the prices go down! It is so obvious.

StuartJonson

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They banned it but i think they should judge a little before take this strong step.

ivanst776

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Quote from: Nick Abimanyu on May 31, 2018, 05:09:50 PM

Quote from: Donotfoolme on May 10, 2018, 07:08:06 AM

"it is illegal to use any currency that is not issued and controlled by a goverment or an authorized entity."

This is true, this is the basic principle of each country about its mass production. Although the use of Bitcoin is prohibited as a means of payment in BOLIVIA, this isn't necessarily can turn off the interests of its citizens against this digital currency and they can still perform its action by investing in the internet. In the internet era, their investors guaranteed will not find any meaningful constraints to deposit the check or withdraw funds online in global scope.

Soon everyone will change their minds and decision. Bitcoin can't be control by any government and that is what designed for.
It is time to have the peoples demand and voice with currency. This is not what they wanted. but soon they will just join.
They want to stop people investing their money in something the government does not have access or even can't monitor them.

Dmitry.Vastov

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Quote from: Donotfoolme on May 10, 2018, 07:08:06 AM

BOLIVIA

the central bank of bolivia,el banco central de bolivia said in a statement:

"it is illegal to use any currency that is not issued and controlled by a goverment or an authorized entity."

Like bolevia there are many other countries who thinks the same regarding crypto currencies like Bangladesh, karyzikstan, Nepal and somewhere in India also. These are the countries who consider bitcoin a fraud, a Ponzi scheme, a means by which many illegal activities has been carried out like selling drugs, explosives, money laundering etc and because of this only they have fear that introduction of bitcoin can bring all these activities to their nation also but for their kind attention, I would like to say that all these activities can be controlled of bitcoin will be legalised.

Sobol101

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Quote from: Donotfoolme on May 10, 2018, 07:08:06 AM

BOLIVIA

the central bank of bolivia,el banco central de bolivia said in a statement:

"it is illegal to use any currency that is not issued and controlled by a goverment or an authorized entity."

Sad but the authorities want to keep everything under control and cryptocurrencies will be under constant pressure from the government side.

Washball

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First crypto index traded as a token!

Bitcoin banned in Bolivia, doesn't mean a thing to the rest of the world. It concerns only the population in this third world country and probably it only affects just a small number of people who are involved in cryptocurrencies and can afford bitcoin. And these people do not give up just because authorities have banned bitcoin.

bachus

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Sad to hear, I`m interested, why all the countries could not gather together and develop a unite overall worldwide decision!

Topic: bitcoin BANNED in bolivia (Read 760 times)