First Time in Bangladesh - page 4. | Bitcointalksearch.org

Wysi

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Quote from: iamaruf on October 28, 2019, 02:17:25 PM

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.

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Blockchain technology is a platform which can be modified to support various systems utilized in different ways. This is something every country should be interested in integrating.
It's only a matter of time before it becomes legal in most of the countries in which it is banned, in order for these nations to avoid being left behind.

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Quote from: iamaruf on October 28, 2019, 02:17:25 PM

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

India is old school and up to now has been taking extreme measures in dealing with cryptocurrency. Cryptocurrency give those who are poverty stricken a second chance especially those who depend on the Crypto bounties to make income just to survive. What nay seem like peanuts to some, may feed a whole family within an impoverished country. It is good to see people in India taking the high road to get regulations pushed so that the law becomes easier to navigate. Some countries aren't as quick to reach a compromise.
I think fear and uncertainty is what drives governments into throwing ban hammers at crypto being it's easy to outlaw it and then figure out the details then to just let things be. It is stifling to creativity and hurts the peoples pockets. Hopefully governments work with the people to make guidance much clearer.

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Quote from: iamaruf on October 28, 2019, 02:17:25 PM

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

Bangladesh and other developing countries have really stepped up in recent years, and when big countries like China and the US are left without any room to grow, they've turned to cryptocurrencies and blockchain technology while Bangladesh still doesn't feel a need for blockchain technology and is still focusing on technical development.

Scams happen no matter what, it's likely that they would have been able to scam someone else if crypto didn't exist and they would have gone about it another way. It's just the payment method, that is crypto-currency.

Quote from: RapTarX on October 28, 2019, 02:36:54 PM

This ia nothing beneficial to the bitcoin. Using blockchain technology has nothing to do with bitcoin. Blockchain is just a technology. Many banks or others will use it sooner or later but legalism of bitcoin is something else. I don't know much about the cryptocurrency laws on bitcoin, but in general, it seems suncontinental people are having worse time with bitcoin.

It's true, but no country has yet condemned bitcoin but adopted blockchain technology, Bangladesh could try and risk it, I'm personally very interested in what happens.

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On the other hand, I heard few Ministers (of Bangladesh) are holding around 100BTC (per head). And, they are very bullish on BTC.

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This ia nothing beneficial to the bitcoin. Using blockchain technology has nothing to do with bitcoin. Blockchain is just a technology. Many banks or others will use it sooner or later but legalism of bitcoin is something else. I don't know much about the cryptocurrency laws on bitcoin, but in general, it seems suncontinental people are having worse time with bitcoin.

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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

Topic: First Time in Bangladesh - page 4. (Read 652 times)