Topic: bitcoin BANNED in bolivia - page 7. (Read 818 times)
well, its an old news but really sad for Bolivian bitcoin lovers.
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 they use for illegal activities.I hope Bolivia will revert its decision in the future as bitcoin continues to prosper in the rest of 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."
this is going to happen more and more
oh no... game over then
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 guess the central bank of bolivia is not comfortable to works with bitcoin.The real treat is losing power to print money.Specially in a country where the vast majority are very poor. 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."
Wasn't this very very old news though?
https://www.coindesk.com/bolivias-central-bank-bans-bitcoin-digital-currencies/
https://www.coindesk.com/bolivias-central-bank-bans-bitcoin-digital-currencies/
I know Bolivia but I never thought that they are a player in the cryptocurrency, but anyway it will not hard the industry or will it have an effect on the price of Bitcoin, compare to China and India where their people and some companies are very much involved in the cryptocurrency.
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 the first time I have ever heard of this news but as I read down, I learned that this news is very old. Central banks are always against cryptocurrencies since they are mainly connected to the government. Thanks for sharing this news by the way and I think this might not affect bitcoin at all. It is because all I am caring about is the price of bitcoin and the time that it will reach 15000 USD. 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 news was about month ago i think.
And i read a news about it that the bolivia government doubts bitcoin and think bitcoin as an illegal currency so they decided to ban it.
This may affect the bitcoin price. Hmmmmm
And i read a news about it that the bolivia government doubts bitcoin and think bitcoin as an illegal currency so they decided to ban it.
This may affect the bitcoin price. Hmmmmm
this news has not been spread long, maybe you just know too late. any country that forbids bitcoin has the right of the bag for the reason that they have
I never heard of that country. this not affect the situation because Bolivia is only one of the small country in the world not having so many investor with them, they will be forgotten anyway.
I heard this news before. Bolivia banned bitcoin because they think bitcoin is a illegal currency because it is not controlled by government or central bank. It’s not a good news for crypto market.
It is true and most countries have declared like a bolivia, and they think all should be with the government's permission, but I do not think they can stop the development of bitcoin.
As I can remember, that is a very old news. There are many countries where cryptocurrency is banned from using. Bolivia is one of them.
I think the news is pretty old. Bolivia Central Bank has banned bitcoin back in 2014. But as of current situation of bitcoin I hope they will rethink their opinion and will take some positive initiative. 
Wasn't this very very old news though?
https://www.coindesk.com/bolivias-central-bank-bans-bitcoin-digital-currencies/
https://www.coindesk.com/bolivias-central-bank-bans-bitcoin-digital-currencies/
Yes it is a very old news and if I remember it correct it was done last 2014. I dont know why the author posted this topic possibly he have its own reasons why. Anyway to refresh us with this topic last May 2014, the declaration was made by the government including the central bank of bolivia to ban bitcoin and cryptocurrency since it is not controlled by the government. The problem is the other countries on South America such a Brazil and Argentina were permissive to cryptocurrency. If we look at it it was only Bolivia among all the countries who banned bitcoin and the rest were permissive.
I guess we should already lock this topic since it is very old.
A news is old because you have read it before but not to someone who just reading it. In between 2014 when the news broke and now, a lot of people have joined the crypto industry and where not opportune to have read the news at the time. I joined in 2016 and this would be the first time I will be reading on the forum concerning the stand of Bolivia against bitcoin and it has even been inexistence since 4 years ago.
I would really want to know how effective the ban has been and if the people engaged in bitcoin then or those who joined in that part of the world have been stopped totally because it seems most the countries that don't have the technical capacity to implement their laws against bitcoin are only doing it to make a statement and not really backed by any action.
its an old news but no one really care about centralized banks and goverement in algeria its banned and you can get in jail but we keep trading they cant stop us
When I see news like this I start usually thinking about that contry which banned crypto... It's always a small one. Moreover, I think small countries gotta allow crypto to escalate their economics...
Wasn't this very very old news though?
https://www.coindesk.com/bolivias-central-bank-bans-bitcoin-digital-currencies/
https://www.coindesk.com/bolivias-central-bank-bans-bitcoin-digital-currencies/
Lol spreading the old news trying to trick people and panic to sell there hodlings because of that okd news some weak hands already nervous. Maybe you just want to buy bitcoin in a low price LOL
Is this true? do you have links to reliable news, so we can read?
if this is really very unfortunate, bad news continues to hit bitcoin, this greatly affects the market price of bitcoin. what I fear is that this will be followed by other countries.
if this is really very unfortunate, bad news continues to hit bitcoin, this greatly affects the market price of bitcoin. what I fear is that this will be followed by other countries.
Perhaps they are planning to copy their neighbour and create a state backed crypto currency. Venezuela has oil so they have a good marketing angle to encourage investors. However bolivia doesn't have such a major resource to sell so perhaps they're just worried that their own currency will be abandoned.
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