is this true? Wow i didnt even know that Bolivia banned crypto currencies. May I know where you get this news from or can you link me the news?
Yes, it's really 100% true news I ensure you.Bolivia banned Bitcoin & cryptocurrency.The government announced in 2017 I think this problem is created with central bank.You want to know details in here https://www.coindesk.com/bolivias-central-bank-bans-bitcoin-digital-currencies/ 
Topic: bitcoin BANNED in bolivia - page 4. (Read 760 times)
This is old news you don't know.I think it's last year news because something i remember this news check this article: https://chesatochi.com/bolivia-ban-bitcoin/ i hope everything is clear about this matter and never mind if some countries banning Bitcoin or other crypto currencies that means BTC is not damage of those isolated incidents.
is this true? Wow i didnt even know that Bolivia banned crypto currencies. May I know where you get this news from or can you link me the news?
Yes Bolivia has banned the use of Bitcoin long ago. I do not think that it will throw a burden on the price of cryptocurrency. Because Bolivia cryptocurrency is not the largest market in the world. So I think it will be very costly to the price. The government of Bolivia does not benefit much from it, but it is the people of the country. So I think the government is banning it by thinking of its own interests.
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 income
This is old news, but Bolivia at the same time barely has the infrastructure to deal with drug dealers, I doubt they have the infracstructure to keep an eye on "bad BTC holder criminals".
The only reason why a government would ban any crypto currency is because it doesn't want its citizens to progress in live. Governments can only govern people who needs them and once people start to realize we don't really need governments then the power will shift towards the people. We have moving towards and era where decentralization will liberate us from the shackles of poverty and governments don't want that. Well I say tough luck. All they can do at this time is to embrace crypto currencies because its not going anywhere.
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.
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 an old news already. It was already reported way back 2014(Im not sure correct me if I'm right). I remembered when I first heard of it. I think the government was foolish because there reason for banning it because it is uncontrollable. but anyway let's just hope for the best and for consideration. 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."
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what are the reasons
The Bolivia government and other Southern America countries i.e Bangladesh, Ecuador, Kyrgyzstan, and Nepal don't like bitcoin from the get go because they see it as a threat but the reason why the Bolivia government put a total banned on Bitcoin was because a certain investment scam occurred where investors were promised 300% profits within 60 days. 
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."
Then let them be. As soon as crypto currency and blockchain technology will rise, they will going to use it again somehow.
it was not a good decision i think because it is the future currency.
I hope Bolivia will not regret their decision about this.
they are not aware of what bitcoin and cryptocurrency can give to those people who dont have job but computers and internet.
those who are just at home with kids.
i hope soon they will reverse their decision.
they are not aware of what bitcoin and cryptocurrency can give to those people who dont have job but computers and internet.
those who are just at home with kids.
i hope soon they will reverse their decision.
"If a law is unjust, a man is not only right to disobey it, he is obligated to do so."
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."
I think this statement of Bolivia government is misunderstood . The government of Bolivia clearly stating that it is illegal to use any currency that is not issued and controlled by government, it means that people in Bolivia will not use crypto currencies at domestic sites of Bolivia, it doesn’t mean that they could not international exchanges for buying bitcoin , bitcoin is decentralised crypto currency and no country could ban it internationally so owning bitcoin is still legal in 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."
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."
Perhaps in the Bolivian there were not so many big ICOs that could affect the bitcoin’s price when it’s blocked by the government. Dissimilar to the complete banning in India and China which greatly affected the bitcoin’s price at that time. ICOs in China and India may be so large that it can affect bitcoin’s price when banned completely by the government.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 a sad news. However, this will not have much affect on the prices as the place has got very less investors.
Bolivia became the fourth country to completely prohibit bitcoin and crypto-currency, where you can go to jail.
In addition, such countries are Bangladesh, Nepal and Algeria.
In addition, such countries are Bangladesh, Nepal and Algeria.
Some countries have bitcoin banned due to some reasons. With all due respect to them they just did what they believe is good for the country and there people. We should understand and respect the laws and constitution of other countries like Bolivia.
what are the reasons
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 a very old news and this is 2018 already why we have to discuss that past.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."
And BOLIVIA banned bitcoin in 2014 and it has no effect on the current bitcoin price. What is even more frightening if a big country bans bitcoin completely and it could affect the bitcoin’s price then it would be a big news that create panic, like some time ago china banned all the ICOs and it made bitcoin’s price drop drastically for 2-3 months, which was not a very good news.
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