Topic: Bitcoin is now banned in JAMAICA - page 4. (Read 1022 times)
Thats very surprising to me. I always find it strange when countries that could do with a capital infused in to their system straight up reject cryptocurrency. I can only imagine it is pressure from central banks or plain ignorance. One of the two
Bitcoin is getting banned in jamaica heard recent news
about this ban, stated by the Bank Of Jamaica avoiding this virtual
currency called bitcoin. if you have anymore news leave in post below.
👍 respect.
about this ban, stated by the Bank Of Jamaica avoiding this virtual
currency called bitcoin. if you have anymore news leave in post below.
👍 respect.
I think it is not a new thing that bank doesn't allowed cryptocurrency.
crypto can disrupt existing bank system in every countries. only a few bank accept crypto.
Yeah, This banning is not new and it already in a lot of banks all over the globe but still, bitcoin is unstoppable and will continue to grow. There is only one thing about Bitcoin or other forms of crypto currencies why majority of the banks in the world would not accept it because of its volatile nature, It can easily go sky high and it can easily go down in a matter of minutes. Banks are afraid to lose a lot of profit if they will accept this kind of currency and that is why they are against crypto currencies. Even Bitcoin has this kind of flaws it is still one of the best technologies ever created for the sake of our monetary and payment system.
If it is real than it is very bad, one more country trying to stop digital development of the world.
If it is true then it will not affect bitcoin too much. Jamaica is a small country. there are not too many people who enjoy the electronic industry, the price of Bitcoin does not affect too heavy. So we do not have to worry too much about this fact.
If it is real than it is very bad, one more country trying to stop digital development of the world.
Maybe fake news, but who cares it JAMAICA, this will not be a problem. And in the long run, it can show that although Bitcoin is banned by some central banks. but this will not close access for you to keep using Bitcoin. and for that there is no need to worry about Bitcoin being banned which is almost very risky in some World Bank. a bit of a concern though I'm sure Bitcoin will never die.
Every country have their own reasons for regulating activities that for any reason they consider a threat their national economy. this is a blow to the Bitcoin community as Jamaica may have had good potential investors, i however dont think the banning will affect The BTC value if the country's economic strength is anything to go by
I think if more and more country are banning bitcoin then it would not be good for the price of bitcoin, because banning bitcoin in a specific counrty is a big loss of bitcoin investors and the reason why bitcoin price is rising. We hope that other country will have other ways to make bitcoin safe and secured that can't be also use to illegal activities so that it would be tolerated and accepted to most of the country.
This is a bad news for everyone. It will affect the psychology of investors. The bitcoin market will shrink. Bitcoin investors in jamaica will go bankrupt. I think the jamaican government was wrong when it banned bitcoin. It can affect the jamaican economy, especially the national currency system.
I don't why there are countries that are banning bitcoin because it doesn't make sense for a country to ban bitcoin since bitcoin is just here for become an option to be a payment method and if the governments are afraid of being into trouble because of anonymity of bitcoin then they can do regulation and not ban it because it is nonsense.
each country has its own rules and can be bitcoin is considered a threat. such as bitcoin as a case of money laundering and drug transactions. this makes bad bitcoin so bad
Even though Jamaica has announced that it prohibits citizens from holding bitcoin, I think no one will pay attention to this news. Jamaica’s influence on Bitcoin is almost zero and nobody cares. The most influential countries for Bitcoin are China, Japan, South Korea, the United States, and Germany. Influence represents the right to speak. As long as these countries are friendly to Bitcoin, Bitcoin will continue to develop.
I don't why there are countries that are banning bitcoin because it doesn't make sense for a country to ban bitcoin since bitcoin is just here for become an option to be a payment method and if the governments are afraid of being into trouble because of anonymity of bitcoin then they can do regulation and not ban it because it is nonsense.
why did jamaica banned bitcoin , they must sell weeds for bitcoin and sell music for bitcoins and for crypto currency too
Bitcoin is getting banned in jamaica heard recent news
about this ban, stated by the Bank Of Jamaica avoiding this virtual
currency called bitcoin. if you have anymore news leave in post below.
👍 respect.
about this ban, stated by the Bank Of Jamaica avoiding this virtual
currency called bitcoin. if you have anymore news leave in post below.
👍 respect.
I think it is not a new thing that bank doesn't allowed cryptocurrency.
crypto can disrupt existing bank system in every countries. only a few bank accept crypto.
Central banks of some countries have recently closed Bitcoin. Now the news is banned by Jamaica's Kendriya Bank and it has been banned. But I think it will not create such a big impact. This is not a center in Jamaica, but it is nit in their world.
Besides Jamaica is a small island. I mean, Jamaica is a free country, they can do everything they want. Nevertheless, regret is to show that the use of a country will be reduced. Which will affect the Bitcoin community.
Besides Jamaica is a small island. I mean, Jamaica is a free country, they can do everything they want. Nevertheless, regret is to show that the use of a country will be reduced. Which will affect the Bitcoin community.
It's very sad to hear this type of news....but this is the truth. Some county will accept it like Japan,South Korea and other will banned it like Pakistan Jamaica....But eventually the Bitcoin will be widely accepted as the day passes and more and more public get attached to it's distruptive technology....So it's not a worry if some small county banned it...they will regret at some point
Bitcoin is getting banned in jamaica heard recent news
about this ban, stated by the Bank Of Jamaica avoiding this virtual
currency called bitcoin. if you have anymore news leave in post below.
👍 respect.
Well a lot of banks does not accept bitcoin but i think that it would not stop its people from using bitcoin. Anyways, bitcoin will not die if Bank of Jamaica really do ban bitcoin from their country. about this ban, stated by the Bank Of Jamaica avoiding this virtual
currency called bitcoin. if you have anymore news leave in post below.
👍 respect.
I don't think this is a big problem. i think if china or USA prohibiting bitcoin circulation that make big problem. actually, bitcoin is not a risk if we can predict bitcoin prices, like trading normally.
What you say is true, if China or the United States forbid it will certainly be so all the prices in the market are definitely down. And reduces investor.
I don't think this is a big problem. i think if china or USA prohibiting bitcoin circulation that make big problem. actually, bitcoin is not a risk if we can predict bitcoin prices, like trading normally.
Bitcoin is getting banned in jamaica heard recent news
about this ban, stated by the Bank Of Jamaica avoiding this virtual
currency called bitcoin. if you have anymore news leave in post below.
👍 respect.
I think the ban is very strange .. maybe the government in jamaica do not know if bitcoin every year pay taxes to the country and in my opinion that is a good thing for jamaica country. about this ban, stated by the Bank Of Jamaica avoiding this virtual
currency called bitcoin. if you have anymore news leave in post below.
👍 respect.
Story for the gods, all the central bank can do in the country is to hold any transaction having a description of bitcoin or crypto currency in it. Bitcoin is anonymous and cannot be banned by a government or any Central Bank, bitcoin don't care about what anyone says or even think. They are only trying to create FUD in other to cause panic sell which will enable them buy as many coin as possible.
Jump to: