Such as Russia and China that banned Bitcoin?
Because it is human nature to rebal against tyranny, yes the dictator my win in the short term, but long term liberty will reign..........
Topic: How bitcoin success the most in banned countries ? - page 2. (Read 1099 times)
Because it is human nature to rebal against tyranny, yes the dictator my win in the short term, but long term liberty will reign..........
Putin has been saying that he would put people involved in cryptocurriencies in jail:
http://cointelegraph.com/news/115472/russias-minfin-wants-to-jail-bitcoin-users-for-4-years
Of course it's not working since the russian users are only growing ass seen in exchange volume.
http://cointelegraph.com/news/115472/russias-minfin-wants-to-jail-bitcoin-users-for-4-years
Of course it's not working since the russian users are only growing ass seen in exchange volume.
i think its because of the fact that its more interesting to use it when its banned
Bans are unsexy. It's far more PC and a lot easier to simply strangle fiat gateways or lumber them with onerous regulation.
as Amph said
normal everyday people CAN and DO trade bitcoins.. but its the central banks that CANNOT THEMSELVES use bitcoin as a financial product for their internal investments. which is logical and i think the correct thing for governments to do. as we dont want banks hoarding all the coins..
normal everyday people CAN and DO trade bitcoins.. but its the central banks that CANNOT THEMSELVES use bitcoin as a financial product for their internal investments. which is logical and i think the correct thing for governments to do. as we dont want banks hoarding all the coins..
it's not banned in china "Trading or mining in bitcoin is not illegal for common citizens."
https://www.cryptocoinsnews.com/top-10-countries-bitcoin-banned/
https://www.cryptocoinsnews.com/top-10-countries-bitcoin-banned/
I don't think Bitcoin is banned in either of these countries. But if either country did ban Bitcoin, it wouldn't stop people in that country from owning bitcoin, it would only limit people's ability to convert bitcoin into their currency (in Russia or China) or deposit bitcoin into their currency through their domestic banks.
I don"t agree. When countries ban bitcoin , botcoin"s rate goes down.
When bitcoin goes down less people use it.
I don't think Bitcoin is banned in either of these countries. But if either country did ban Bitcoin, it wouldn't stop people in that country from owning bitcoin, it would only limit people's ability to convert bitcoin into their currency (in Russia or China) or deposit bitcoin into their currency through their domestic banks.
Such as Russia and China that banned Bitcoin?
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