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Topic: First Time in Bangladesh - page 2. (Read 652 times)

sr. member
Activity: 1064
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October 29, 2019, 09:23:06 AM
#46
Sorry about your loss mate but most of us have also been scammed before. Also, if you still have evidence about these guys scamming you then i think you can take them on once cryptocurrencies is approved in your country.
It will be hard because our country law is not strict for people.If you have enough money then police will work for you.I just lost all hope.

At least, that is good news for people in Bangladesh. They only need to wait for the confirmation that bitcoin is accepted. I think the government is already seeing the benefits of cryptocurrency for their people, so they are working to legalize blockchain technology. The bank will also support the government if the government wants to make crypto legal. After cryptocurrency becomes legal, I think people don't have to worry about using bitcoin, and they can report if there is an illegal activity for using bitcoin to the government. Maybe you can report your case to them. Who knows, they can help you to arrest the person who scammed you.
Yeah this is good news for Bangladeshi people.Also people will know about blockchain technology.I can not report my case and I already told it.But If government accept bitcoin then it will be easier for us,to cash out my btc to bank.also who arrested for using btc their case will be closed.Also have a plan to open a market in our area where we will sell product for btc Smiley
sr. member
Activity: 1260
Merit: 315
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October 29, 2019, 08:26:47 AM
#45
This was only focused on blockchain technology, maybe this is because of the adaption of China. After stating that they will adopt blockchain technology, no wonder that there are more other countries will do the same. It won't give any effect to the price of bitcoin, but it is still considered to be good news for the crypto world.
sr. member
Activity: 1414
Merit: 283
October 29, 2019, 07:21:27 AM
#44
It is good to see that more and more countries are moving toward the digitization and adapting to the new area, and i feel like that bitcoin has played a big role in promoting and showing that the blockchain technology is a new and revolutionary system that has the potential to change and improve upon many aspects of our lives, even though that this is not a big deal or doesn't have any influence on bitcoin, because as some people mistaken blockchain is not bitcoin, it is still opens up a lot of new windows for crypto related and no crypto projects.
hero member
Activity: 2604
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October 29, 2019, 06:29:32 AM
#43
I just saw a news that yesterday  Brac Bank Talking  about blockchain technology and they also working to legal blockchain technology.Maybe this is the first time any Bank in Bangladesh talking about blockchain.Though few months ago Bangladeshi PM told that blockchain technology will be legal soon.Now just waiting for confirmation that bitcoin (blockchain) is accepted.Because we faced many problem to use btc,even few people arrested.also in 2018 one people scammed me 4-5.5K$ worth of crypto currency.who live in Bangladesh. Even he scammed maybe more than 300k$ from 20-30 peoples.Though i have all kind of proof but i didn’t take any steps because crypto is illegal.I didn't take any steps.because police can arrest me for using bitcoin.

News source:  https://www.thedailystar.net/business/news/pri-brac-bank-workshop-focuses-blockchain-sme-1819279?amp

At least, that is good news for people in Bangladesh. They only need to wait for the confirmation that bitcoin is accepted. I think the government is already seeing the benefits of cryptocurrency for their people, so they are working to legalize blockchain technology. The bank will also support the government if the government wants to make crypto legal. After cryptocurrency becomes legal, I think people don't have to worry about using bitcoin, and they can report if there is an illegal activity for using bitcoin to the government. Maybe you can report your case to them. Who knows, they can help you to arrest the person who scammed you.
sr. member
Activity: 896
Merit: 272
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October 29, 2019, 05:03:48 AM
#42
It's about the blockchain technology itself not cryptocurrency is what they are interested about. They knew blockchain can help them for banking solutions. Even China promotes the use of this technology. I think they are going to create their new blockchain. But no news about removing ban of the country. Hope the government will unban the use of cryptocurrency there. So people will enjoy the benefits of cryptocurrency. Hope they make a big announcement soon.
Lets just stay optimistic regarding on that since they are the only person who can decide for crypto's future in their country, maybe someday they will realize the possible benefits and opportunities that they might get from it. Governments are clever and I know that they will understand how cryptocurrency works and how it can help their economy, they should be thinking about it because it can help their people as well as their country.
jr. member
Activity: 78
Merit: 2
October 29, 2019, 04:40:32 AM
#41
For countries such as Bangladesh, the cryptocurrency may be the salvation.
legendary
Activity: 2282
Merit: 1041
October 29, 2019, 04:36:10 AM
#40

Bangladesh is also in Asia which blockchain could be adopted widely through the initiative of China and it also involve cryptocurrency not necessarily BTC.
But just when they talk about blockchain, people will also think of BTC. People who doesn't have idea about blockchain will try to search on google and will probably land on bitcoin related website. Nothing on the news that says anything yet but Bangladesh will probably be creating their own coin too.
sr. member
Activity: 658
Merit: 268
bullsvsbears.io
October 29, 2019, 04:08:13 AM
#39
It's good that they are also positive towards blockchain technology. But it's much better if they will include bitcoin in legalization. I mean if governments now are seeing the positive side of bitcoin and planning to utilise it, why not include bitcoin. Bitcoin is a good example of blockchain, why are they so afraid of implementing it? They just have to regulate it.
hero member
Activity: 1302
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October 29, 2019, 03:26:10 AM
#38
I just saw a news that yesterday  Brac Bank Talking  about blockchain technology and they also working to legal blockchain technology.Maybe this is the first time any Bank in Bangladesh talking about blockchain.Though few months ago Bangladeshi PM told that blockchain technology will be legal soon.Now just waiting for confirmation that bitcoin (blockchain) is accepted.
All the countries will be talking about implement blockchain but they will not mention bitcoin or any other crypto for that matter because they are not planning to legalize the entire crypto market but they will be implementing blockchain for the projects they are planning to come up with and the banking industry might be using it but these words does not guarantee that bitcoin will be legalized.
legendary
Activity: 3010
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October 29, 2019, 02:43:29 AM
#37
Don't get too excited. Every time a corporate business or bank pretends to adopt crypto, it's all with a hundred different catches. Just because a state or entity says it'll be Bitcoin friendly doesn't necessarily mean it'll be so.

Of course, the exposure alone can't be bad, and the fact that people don't have to fear using it will be a great thing on its own, but I personally feel that it's when Bitcoin's banned and shelved that people actually find out how to really use it.
sr. member
Activity: 1064
Merit: 265
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October 29, 2019, 02:27:20 AM
#36
who are telling that if Bangladesh accept blockchain technology but there is chance not to accept bitcoin.I can tell you that there is high possibility to accept bitcoin if they accept blockchain technology.I saw few critics interview in tv channel they already told that there is no solid evidence not to accept bitcoin.lets see what happen.
On the other hand, I heard few Ministers (of Bangladesh) are holding around 100BTC (per head). And, they are very bullish on BTC.
I don't know the exact amount but I know that few Ministers holding bitcoin.Even I heard that 27 years old bot holding BTC900 since 2012,who is my elder brother friend.He use it safely he don't talk about this.
sr. member
Activity: 1274
Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
October 29, 2019, 02:25:24 AM
#35
I just saw a news that yesterday  Brac Bank Talking  about blockchain technology and they also working to legal blockchain technology.Maybe this is the first time any Bank in Bangladesh talking about blockchain.Though few months ago Bangladeshi PM told that blockchain technology will be legal soon.Now just waiting for confirmation that bitcoin (blockchain) is accepted.
That's great to hear! Right now i can say i have heard about 10 countries who are opening up to the adoption of blockchain technology and cryptocurrencies which is good for the start. What's is really left is for the big countries like the US, UK to also announce their interest. Just recently China has shown some slight interest which really affected the marekt to some extent.

Because we faced many problem to use btc,even few people arrested.also in 2018 one people scammed me 4-5.5K$ worth of crypto currency.who live in Bangladesh. Even he scammed maybe more than 300k$ from 20-30 peoples.Though i have all kind of proof but i didn’t take any steps because crypto is illegal.I didn't take any steps.because police can arrest me for using bitcoin.
News source:  https://www.thedailystar.net/business/news/pri-brac-bank-workshop-focuses-blockchain-sme-1819279?amp
Sorry about your loss mate but most of us have also been scammed before. Also, if you still have evidence about these guys scamming you then i think you can take them on once cryptocurrencies is approved in your country.
hero member
Activity: 2464
Merit: 550
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October 29, 2019, 12:59:17 AM
#34
I think you should be able to be careful when talking about blcockhain in a country because there are indeed some countries that prohibit the use and distribution of the blockchain, hopefully your losses can be replaced and you can make a lesson.
sr. member
Activity: 1092
Merit: 284
October 29, 2019, 12:57:35 AM
#33
On the other hand, I heard few Ministers (of Bangladesh) are holding around 100BTC (per head). And, they are very bullish on BTC.
Do you have any good sources about this information? If really ministers of Bangladesh is holding that big bitcoin each then we can expect Bangladesh to be one of the many countries who will fully adopt bitcoin if they will push it. 100BTC is pretty big.

It's just a rumor that he doesn't know the certainty, even there is no official news about the ownership of bitcoin by his ministers, after Bangladesh legally formally adopted the blockchain, the ministers might hold even greater numbers.
sr. member
Activity: 1008
Merit: 355
October 29, 2019, 12:41:20 AM
#32

I just saw a news that yesterday  Brac Bank Talking  about blockchain technology and they also working to legal blockchain technology.Maybe this is the first time any Bank in Bangladesh talking about blockchain.Though few months ago Bangladeshi PM told that blockchain technology will be legal soon.Now just waiting for confirmation that bitcoin (blockchain) is accepted.Because we faced many problem to use btc,even few people arrested.also in 2018 one people scammed me 4-5.5K$ worth of crypto currency.who live in Bangladesh. Even he scammed maybe more than 300k$ from 20-30 peoples.Though i have all kind of proof but i didn’t take any steps because crypto is illegal.I didn't take any steps.because police can arrest me for using bitcoin.


We should always remember that the blockchain technology and bitcoin are intertwined or interlinked but they remain to be two separate things. A country or its government can all be open and adopt the blockchain technology but will not allow the entrance of Bitcoin. China is known for this. Of course, a country that is convinced of the benefits of the blockchain maybe easier to convince to also let Bitcoin in either as an asset or a currency. Talking about those scams, it is sad that there are those who are using Bitcoin with their deceitful schemes and at the end partly destroy the good name of Bitcoin as people linked the scams to cryptocurrency. Nevertheless, let's hope and pray that eventually the government of Bangladesh will allow Bitcoin into the country.
copper member
Activity: 57
Merit: 5
October 29, 2019, 12:39:13 AM
#31
On the other hand, I heard few Ministers (of Bangladesh) are holding around 100BTC (per head). And, they are very bullish on BTC.
Do you have any good sources about this information? If really ministers of Bangladesh is holding that big bitcoin each then we can expect Bangladesh to be one of the many countries who will fully adopt bitcoin if they will push it. 100BTC is pretty big.

Hello; not each & every minister (of Bangladesh) holding BTC; I know few names & as well as their department’s name! But I am not interested to share this info publicly! 
copper member
Activity: 57
Merit: 5
October 29, 2019, 12:34:18 AM
#30
On the other hand, I heard few Ministers (of Bangladesh) are holding around 100BTC (per head). And, they are very bullish on BTC.
Seriously? are they using the funds of their people or its their personal money? Well, bitcoin is really good for long term holding. Usually government officials are against bitcoin but right now, most of the country are making their way to support bitcoin. Recently China, now its Bangladesh and hopefully my country will also make a big announcement.

It's as their personal money!
sr. member
Activity: 505
Merit: 250
October 28, 2019, 11:40:41 PM
#30
One by one the government began to look towards this great technology, Blockchain. Previously the Chinese government had also regulated the Blockchain technology system in their government, now Bangladesh government is also following China and I think in the future there will be more countries that will adopt this Blockchain technology.
full member
Activity: 938
Merit: 137
October 28, 2019, 11:40:21 PM
#29
I just saw a news that yesterday  Brac Bank Talking  about blockchain technology and they also working to legal blockchain technology.Maybe this is the first time any Bank in Bangladesh talking about blockchain.Though few months ago Bangladeshi PM told that blockchain technology will be legal soon.Now just waiting for confirmation that bitcoin (blockchain) is accepted.Because we faced many problem to use btc,even few people arrested.also in 2018 one people scammed me 4-5.5K$ worth of crypto currency.who live in Bangladesh. Even he scammed maybe more than 300k$ from 20-30 peoples.Though i have all kind of proof but i didn’t take any steps because crypto is illegal.I didn't take any steps.because police can arrest me for using bitcoin.

News source:  https://www.thedailystar.net/business/news/pri-brac-bank-workshop-focuses-blockchain-sme-1819279?amp

It will be a great news if Bangladesh lifts the ban on bitcoin because it will be a wild market for bitcoin as most of the people is south Asian nations are well versed with bitcoin and crypto unlike other part of the world and definitely they will contribute in a positive way to the world of crypto but we cannot celebrate just with the news of blockchain legalization by Bangladesh government as they can use it in banking sectors or adopt a centralized crypto such as ripple by still placing the ban on bitcoin, blockchain is a vast technology which crypto uses and other non crypto domains does use blockchain.

Even if the country revokes the ban on bitcoin it's people should also support it instead of scamming or using it for wrong purpose.
Bangladesh is still talking about the possible use of blockchain technology. This has nothing to do with cryptocurrency and bitcoin. Blockchain technology is now recognized as promising and revolutionary by almost all states, because it allows you to safely store and use large databases of various information online. Many states, including India and China, although they recognize blockchain technology, however, prohibit or restrict the use of cryptocurrencies.
Cryptocurrency must be firmly established throughout the world before states like Bangladesh allow people to use it.
sr. member
Activity: 756
Merit: 250
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October 28, 2019, 11:23:55 PM
#28
Blockchain technology is indeed very interesting. so do not be surprised if the number of countries that support it is increasing. by using blockchain technology the transaction system will be more transparent, fast, secure and the cost is also cheaper. now many banks are using blockchain technology. I am sure in the future more and more companies or countries will adopt blockchain technology. with the adoption of the blockchain it is likely that Bangladesh will legalize cryptocurrency.
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