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Topic: BTC in your country - page 7. (Read 44521 times)

full member
Activity: 210
Merit: 100
October 22, 2015, 04:04:07 AM
In South Korea, unfortunately, only some people know about Bitcoins.

are you south korean?how about legalize bitcoin there?
newbie
Activity: 38
Merit: 0
October 21, 2015, 08:30:48 PM
In South Korea, unfortunately, only some people know about Bitcoins.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
October 21, 2015, 02:15:27 PM
It will help the OFW for sending money here but it will not count to the remittances that our country is receiving since it's not regulated and no taxes will get from it. If that happens the PhP value against USDollar will became much lower resulting to high prices that we need to spend when importing basic needs like gasoline in the world market. We bitcoiners will take benefits here but of course we don't want our country to suffer like that and soon we will affected too that's why PH must think up a resolution to this to make bitcoin regulated. Tax are welcome as long as bitcoin is regulated.

Yup, but seeing that most politicians are only in it for the money, sometimes paying taxes is kinda lazy to do since ir ends up only in their pockets. Bitcoin could probably help OFWs to send money without paying much for money transfer services, although it will hurt our GNP so hard if in case all OFWs will use bitcoin for remittances as it will not account for our country's GNP. We're not yet ready for that in a wide scale remittances using bitcoins.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
October 21, 2015, 01:56:18 PM
Anyways bitcoin popularity here on our country is growing so I can see a big future with bitcoin here despite of the warnings gave by our central bank and some medias

Damn are they. They just looking in the negative side of bitcoin. Didn't they know it just like fiat currency that faces negative traits too. They just have to make to make some deep talks about that and cover those negative that will happen or likely, give bitcoin the same security measures like our fiat currency.

But the good thing here, Bitcoin has no tax so I think it's on the side it's better that our Central Bank didn't prioritizing bitcoin.

Yeah indeed man, they can't see the brighter side of bitcoin which can be used as a money remittance alternative with less fees ,smooth and fast transactions, and very convenient. It would be very helpful to a lot of OFWs when sending money to their loved ones without charging a high fee and instantly.

I guess banks were kinda afraid to bitcoin replacing them one day Grin

It will help the OFW for sending money here but it will not count to the remittances that our country is receiving since it's not regulated and no taxes will get from it. If that happens the PhP value against USDollar will became much lower resulting to high prices that we need to spend when importing basic needs like gasoline in the world market. We bitcoiners will take benefits here but of course we don't want our country to suffer like that and soon we will affected too that's why PH must think up a resolution to this to make bitcoin regulated. Tax are welcome as long as bitcoin is regulated.
sr. member
Activity: 462
Merit: 250
October 21, 2015, 10:48:04 AM
Anyways bitcoin popularity here on our country is growing so I can see a big future with bitcoin here despite of the warnings gave by our central bank and some medias

Damn are they. They just looking in the negative side of bitcoin. Didn't they know it just like fiat currency that faces negative traits too. They just have to make to make some deep talks about that and cover those negative that will happen or likely, give bitcoin the same security measures like our fiat currency.

But the good thing here, Bitcoin has no tax so I think it's on the side it's better that our Central Bank didn't prioritizing bitcoin.

Yeah indeed man, they can't see the brighter side of bitcoin which can be used as a money remittance alternative with less fees ,smooth and fast transactions, and very convenient. It would be very helpful to a lot of OFWs when sending money to their loved ones without charging a high fee and instantly.

I guess banks were kinda afraid to bitcoin replacing them one day Grin
hero member
Activity: 672
Merit: 503
October 21, 2015, 10:42:52 AM
Bitcoin is not to much emerged in my country which is india... But well i am trying to spread it as to give a secured and private environment of money transactions

ya it is because in india still bitcoin is not legal and they are implementing some laws on user who are using bitcoins, so their is still more time for india to accept bitcoin and cryptocurrency. still the government is in doubt
If indian government announced bitcoin as a legal currency, India might be getting worse then now by corruption. Already we're facing a lot of problems because of black money.

Well, you are not seeing all the possibilities. Since Bitcoin is has a public ledger, a system for public money could be coded. Like a sidechain for the goverment where everything in seen in public, so none of that money can go anywhere without being traced. Thats what they should do. But of course they will not because corruption is way easier with cash.

Of course as long as people can find ways to not pay taxes they will do it, specially when they are poor and need as much money as possible.
full member
Activity: 210
Merit: 100
October 21, 2015, 10:04:20 AM
Hi!  Smiley
How BTC bitcoin developed in your country? Are there many people in your real life that you know that use BTC ?
more popular than 2010,and many more transcation. good amount of bitcoin and unfortunately not legalize by govenoor.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
October 21, 2015, 09:52:26 AM
Anyways bitcoin popularity here on our country is growing so I can see a big future with bitcoin here despite of the warnings gave by our central bank and some medias

Damn are they. They just looking in the negative side of bitcoin. Didn't they know it just like fiat currency that faces negative traits too. They just have to make to make some deep talks about that and cover those negative that will happen or likely, give bitcoin the same security measures like our fiat currency.

But the good thing here, Bitcoin has no tax so I think it's on the side it's better that our Central Bank didn't prioritizing bitcoin.
sr. member
Activity: 462
Merit: 250
October 21, 2015, 09:41:38 AM
Hi!  Smiley
How BTC bitcoin developed in your country? Are there many people in your real life that you know that use BTC ?

nice question,bitcoin on my country are illegal,and we just trade to our currency before we use it on real life.

Didn't know that bitcoin is even illegal in some country  Undecided Good thing you can still manage to earn and turn your BTC into cash despite of the laws on your country regarding to legality of bitcoin. May I know from what country you're from?

Anyways bitcoin popularity here on our country is growing so I can see a big future with bitcoin here despite of the warnings gave by our central bank and some medias
hero member
Activity: 691
Merit: 569
October 21, 2015, 08:55:48 AM
Bitcoin is not to much emerged in my country which is india... But well i am trying to spread it as to give a secured and private environment of money transactions

ya it is because in india still bitcoin is not legal and they are implementing some laws on user who are using bitcoins, so their is still more time for india to accept bitcoin and cryptocurrency. still the government is in doubt
If indian government announced bitcoin as a legal currency, India might be getting worse then now by corruption. Already we're facing a lot of problems because of black money.

I disagree ! With blockchain foresincs... you have have a better chance to trace the money. With black money flowing in cash there is now way to trace it. Its better to legalize it rather than ignore it  or ban it... in which case things will go underground, which is more dangerous.
sr. member
Activity: 490
Merit: 255
October 21, 2015, 08:48:13 AM
Hi!  Smiley
How BTC bitcoin developed in your country? Are there many people in your real life that you know that use BTC ?

nice question,bitcoin on my country are illegal,and we just trade to our currency before we use it on real life.

Bitcoin to fiat exchanges only need government approval or need license kind of things. But no one can stop using bitcoin for a service or a product. So, legal issues will be vanished away in near future. Bitcoin can be used in any country regardless of any government policies as long as not touching with fiats.
but bitcoin is only depending on fiat money, and how you will use your coins if you can't exchange it into your own currency? don't say that you will bought stuffs or items in some site that accepted bitcoin, because company that accept bitcoin can't exchange their coins into fiat money too.
legendary
Activity: 1386
Merit: 1058
October 21, 2015, 05:43:20 AM
Hi!  Smiley
How BTC bitcoin developed in your country? Are there many people in your real life that you know that use BTC ?

nice question,bitcoin on my country are illegal,and we just trade to our currency before we use it on real life.

Bitcoin to fiat exchanges only need government approval or need license kind of things. But no one can stop using bitcoin for a service or a product. So, legal issues will be vanished away in near future. Bitcoin can be used in any country regardless of any government policies as long as not touching with fiats.
full member
Activity: 210
Merit: 100
October 20, 2015, 07:00:32 PM
Hi!  Smiley
How BTC bitcoin developed in your country? Are there many people in your real life that you know that use BTC ?

nice question,bitcoin on my country are illegal,and we just trade to our currency before we use it on real life.
hero member
Activity: 812
Merit: 500
October 20, 2015, 05:27:02 PM
I am from Spain and currently living in Colombia.

In Spain I only know about two friends that really know Bitcoin and use it, however everyone I ask has at least heard about them and say "it is risky". Only know about a guy in Colombia who have heard of it, no users that I know.


I have many friends in Latin America through facebook and most of them never hear about this bitcoin some still don't want to talk about this as they believe its scam and will burst very soon
hero member
Activity: 770
Merit: 500
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
October 20, 2015, 05:11:53 PM
I am from Spain and currently living in Colombia.

In Spain I only know about two friends that really know Bitcoin and use it, however everyone I ask has at least heard about them and say "it is risky". Only know about a guy in Colombia who have heard of it, no users that I know.

legendary
Activity: 896
Merit: 1000
October 20, 2015, 04:13:34 PM
unfortunately bitcoin in my country is not used a lot i mean we dont have any shops which would accept it we surely need more education about btc here

education starts by yourself. you can explain them everything in detail regarding bitcoin and how it exactly works. members of the bitcoin community are here to help right?
sr. member
Activity: 406
Merit: 250
October 20, 2015, 02:36:07 PM
unfortunately bitcoin in my country is not used a lot i mean we dont have any shops which would accept it we surely need more education about btc here
hero member
Activity: 812
Merit: 500
October 20, 2015, 02:07:45 PM
Bitcoin is not to much emerged in my country which is india... But well i am trying to spread it as to give a secured and private environment of money transactions

ya it is because in india still bitcoin is not legal and they are implementing some laws on user who are using bitcoins, so their is still more time for india to accept bitcoin and cryptocurrency. still the government is in doubt
If indian government announced bitcoin as a legal currency, India might be getting worse then now by corruption. Already we're facing a lot of problems because of black money.
Its really bad face of developing countries just because of this many developing countries avoiding this because they now its could be very helpful for black marketers and corrupt peoples
hero member
Activity: 770
Merit: 500
October 20, 2015, 10:43:31 AM
Bitcoin is not to much emerged in my country which is india... But well i am trying to spread it as to give a secured and private environment of money transactions

ya it is because in india still bitcoin is not legal and they are implementing some laws on user who are using bitcoins, so their is still more time for india to accept bitcoin and cryptocurrency. still the government is in doubt
If indian government announced bitcoin as a legal currency, India might be getting worse then now by corruption. Already we're facing a lot of problems because of black money.
hero member
Activity: 994
Merit: 1000
PUGG.io
October 20, 2015, 06:17:13 AM
Bitcoin is not to much emerged in my country which is india... But well i am trying to spread it as to give a secured and private environment of money transactions

ya it is because in india still bitcoin is not legal and they are implementing some laws on user who are using bitcoins, so their is still more time for india to accept bitcoin and cryptocurrency. still the government is in doubt
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