Topic: bitcoin BANNED in bolivia - page 3. (Read 812 times)
Someone update him or her the status of Bitcoin and altcoin in Bolivia since his or her problem was before, I think most of the country now is opening little by little with Bitcoin and that makes me happy to see some people and more people are coming to invest in our crypto world.
maybe later the Bolivians use the overseas Exchange and melt Bitcoin into its Fiat via Exchange Personal.
And that's in my opinion Bolivia State will lose the fee for its own state exchanges as taxes. That's where Bolivia will review to get rid of Bitcoin.
very unfortunate !
And that's in my opinion Bolivia State will lose the fee for its own state exchanges as taxes. That's where Bolivia will review to get rid of Bitcoin.
very unfortunate !
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."
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."
To me, the most scary thing about this is that some cou tries might just be led on by the actions of the other first world countris. While China and some other of the notable countries have been busy in their efforts on banning and completely trying to shut down cryptocurrency in their borders. This is a big change to what we are used to seeing as the third world countries dont even stand a chance as they are just copying or imitating what their actions are setting
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 government or an authorized entity."
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 government or an authorized entity."
One more government that wants to control everything and everybody in their country. No freedom at all.
Does anyone know any up-to-date news on the situation in Bolivia about a bitcoin? Any changes since 2014?
This is very old news, But it is not suitable for Bolivia. Because, the world is moving forward using Bitcoin.
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."
this is old news in 2014, what is the purpose of the author to discuss the old news on this thread and the news is not good for the current bitcoin increase. 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."
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."
So that's why they ban bitcoin because they want to control bitcoin. We can blame them because that is their decision to protect their currency and their people but I think they need to consider the benefit that people will get in bitcoin. 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."
I appreciate the Bolivian government's decision, and I also think that the government is thinking about taxes and everything that works here in cryptocurrency, which means that bitcoins and other cryptoes are free to roam without being processed with the government.
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."
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."
I think that statement is only for payment purpose, and if we trade bitcoin, i think its should be fine. Many central bank in the world ban bitcoin if used for payment purpose but they can not ban if bitcoin used for trading
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."
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."
This ban started 4 years ago...
Is this another reason to stop believing in bitcoin or crypto as a whole? LOL, I always laugh at those news, even those are legitimate news, the effect to the bitcoin community is so small that the price wont even dip more than 10%. If the country state is a huge country with a huge crypto investors like US, China or Japan it could have a huge effect in the price. But until not all country ban bitcoin, the bitcoin will still continue and could even be more prosperous. I think their government just want to create their own coin and stopping current crypto transaction is a beneficial step.
Sad but the authorities want to keep everything under control and cryptocurrencies will be under constant pressure from the government side.
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."
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."
This is one of the gimmicks of government to kill Bitcoin and we hope to see how this will work out. Government want to control bitcoin but it will not work.
I fully respect the decision of the government of Bolivia, and I also think that the government was thinking about the tax and everything that works here in the cryptocurrency, which means that bitcoin and other cryptos are freely roaming around without processing with the government, in simple words the government is not benefiting with the cryptocurrency but only the citizens of Bolivia are benefiting which may be the cause of banning bitcoin there, correct me if I'm wrong though.
I totally agree with your opinion
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."
In many countries, bitcoin is blocked because it can harm the country itself and especially harm this country, because the new cryptocurrency is something Grand and new in the world. 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."
Doesn't surprises me much. Bolivia is another shitty socialist country, like Venezuela. They have till now avoided a Venezuela-style meltdown thanks to the abundant mineral (especially Silver and Copper) and gas resources.
with abundant produce in the country so as not to follow the trend that is popular in the world ,I just know even until now from you sir that the country has a good incomeBOLIVIA
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."
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."
I think this should not be considered "News" since it's already old. This is way back 2014. I feel sorry for people in Bolivia though. Such a shame they are can't use Bitcoin.
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."
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."
Hi there Donotfoolme! It is not new when some of the countries ban bitcoin and other cryptocurrencies. The government always tell that it is illegal because there are numerous cases of fraud or scam that roots from cryptocurrencies. They always tell that they have to do it in order to protect their citizen from financial loss. On the other side, there are countries that want to start their own government controlled island in taihiti which will be a paradise for those who want to live in a technological and environmental friendly area. However, this is still in the process, but I do hope to see its success someday.
Most countries prohibit the use of Bitcoin for exchange or direct selling. So it's not too hard to understand when it's banned in Bolivia. It is difficult for the government to control it at the moment, so they choose to ban it. In addition, it involves too many illegal activities and also reduces the influence of the government and the central bank. So they do not allow it to work
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."
This is true news but I think old news. Because before I read it huge days. Actually this problem Bolivia country government and bank related.check it coindesk more and more information in here. 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."
Jump to: