Topic: how the development of bitcoin in your country? (Read 3156 times)

Some dude posted about how Bitcoin is seen in Ireland (in their parliament):

'All fine, but what about Ireland? There is no official report on Bitcoin as things stand, but on the 10th December, 2013 Stephen Donnelly, TD directly asked the Minister of Finance, Michael Noonan, about the status of cryptocurrencies. Donnelly inquired about issues around legal tender status and tax evasion. What we learned is that the Central Bank is not in the business of regulating (specifically) Bitcoin and that cryptocurrencies are not legal tender. The specific term used is virtual currencies and so this falls in line with European Union thoughts on the matter. Further, Noonan stressed that, ‘because Bitcoin is a combination of some factors that constitute a commodity and some that constitute a currency, the implications for taxation are varied.’ The specific import of this is that if one is receiving Bitcoins as payment then the same rules as any ‘foreign currency’ apply. The implications for businesses accepting Bitcoin are clear in relation to gains. The response draws heavily on the EU VAT directive on Bitcoin that ‘VAT is generally chargeable on the total consideration for goods and services, including all taxes, commissions, costs and charges…’ There is a brief mention to the potential use of Bitcoin as a means of non-compliance, but this is considered to be quite low for the moment.

However, this is not the only times Bitcoin has emerge as a topic in Seanad or the Dáil. Cáit Keane in the Seanad stressed that ‘Ireland is a high-tech country. It must recognise Bitcoin, use it if there are benefits to doing so and, if possible, regulate it.’ In turn Senator Ivana Bacik has noted, ‘She [Keane] also raised the issue of Bitcoin and the new developments in the US.’ However, this is about as far as the debate ever went. Sometimes Bitcoin gets associated with the dark web. However, there are some misunderstandings about what occurs on the dark web as when Senator Aideen Hayden seemed to think Silk Road allowed child pornography (important as an distinction because an alleged member of the Silk Road team is up for extradition here soon). Broadly, however, the government seems content to allow the regulatory bodies to both take a cautious, long-term approach to the matter as well as being willing to take into account European Union advice.'

http://irishtechnews.net/ITN3/what-is-bitcoin-and-how-might-it-be-regulated/

My country development in bitcoin is really slow, more than half of the citizens dont know what is bitcoin and the government also doesnt really pay attention to bitcoin, so there are no shop accept bitcoin here, no atm for bitcoin

in my country there's very few developments in terms of bitcoin.
I has been growing for some time now and we can even find some shops and hotels that already accept bitcoin.
other than that there is not much going on

The development of bitcoin is matter or developers and have nothing to do with the countries or one country. Even the developers are not all capable to do it. So better to tell how is going the spread or the known of bitcoin in your country. In my country the knowledge must be very few (cannot know for sure because is not mentioned nothing never publicly about it). My friends and my co workers feels bothered from my continues discussions about it and the technology used to create it as well as even all the other digital products born from the same technology. As for banning don't think that it will be. In my country normally is made that which is made at USA and if USA regulated it for sure even here will be regulated. With big probabilities using the same rules like there.

a moment all of the country would accept bitcoin as a valid transaction

Well you can also approach shops and ask them to accept it.
We all have to contribute if we want to make a success out of bitcoin . Try to contact merchants online and offline. Set up a local community etc. etc.
In my country there are some shops that accept bitcoin and i try to visit them as much as i can t make a purchase. To keep it warm.

what country ?

It is very bad for me. It has been years since the last shop that accepted Bitcoin was built. I hope more shops in my country start accepting Bitcoin.

honestly, i dont know hows the development of bitcoin in my country.
but ill try to know about it. and i hope in fact is my country develop bitcoin in a good way 

I tried to spread its awareness by telling it to my friends. Some of my friends played "Hacker Experience" , a game in which users could steal others Bitcoins if they got their public key.

That is common.. the best way is just to tell them what it is, or better yet, purchase something on the internet without going to the bank on paying it and wait til it arrive, if they were amazed, for sure one day, you will catch their attention... 

Most of the People are unaware what Bitcoin is. They would have not heard its name even. Though it is not illegal here, it is not in widespread use.

hopefully more advanced use of bitcoin in your country

People in my country started using bitcoin since then, when i first learned about bitcoin there are already services and merchants in our country that accepts bitcoin.
I tried some o their services, i don't rely to them though but yes. They're great. Just hope bitcoin is staying for good.

In my country no so many people know about bitcoin, or use it.
It's difficult to find even local merchants where we can spend our bitcoins.
Just recently we got first Bitcoin ATM and some media shared news about bitcoin so hopefully this will help spread info about bitcoin.
Most local people are very skeptic about bitcoin but I hope this will change soon.

I have no problem with bit coins in USA but only problem is that is not very well known by large number of people as it should have been acknowledged for its benefits. other than that every thing is fine with bit coins so far here.

in Indonesia the incident

Yeah, its still a long way to go, even in my country very few people have heard about bitcoins, and makes me bit worried as I don't know whether they would start using bitcoins or not.

Here? bad.

People heard bitcoin only because of terrorist that charge 300/400btc or he'll bomb a mall.

It's still a long way to go....

Yeah, that's true and the problem is that people are aware about bitcoins but they are not using it, and the reason is they lack knowledge of how to use bitcoins and what are the benefits of bitcoins.