Topic: Now that BTC is illegal in Thailand, which country will ban BTC next? (Read 3652 times)
August 11, 2013, 03:30:30 PM
US is next
August 11, 2013, 01:12:19 PM
Asian countries are pegged to the dollar (that's how the Americain Empire has been really built according to John Perkins one of the first Economics Hitman recruited by the NSA http://en.wikipedia.org/wiki/Confessions_of_an_Economic_Hit_Man)
So it is understandable that they had been pressure to prevent virtual currency to compete with the dollar there.
So it is understandable that they had been pressure to prevent virtual currency to compete with the dollar there.
August 11, 2013, 03:02:20 AM
August 10, 2013, 11:57:16 PM
US i guess , Bo is a dictator
August 10, 2013, 12:00:38 AM
Believe me that only reason they will accept BTC officialy for is just to rob you (read: taxes on it).
August 08, 2013, 04:09:26 AM
I dont worry much about Thailand,,,,
Bitcoin is legal in Sweden and according to the Swedish SEC (finansinspektionen) it is to be classified as a "means of payment" (i guess currency).
Sweden is a part of the European union and hopefully the EU has reached a consensus on the issue and than Bitcoin is here to stay.
/GoK
Bitcoin is legal in Sweden and according to the Swedish SEC (finansinspektionen) it is to be classified as a "means of payment" (i guess currency).
Sweden is a part of the European union and hopefully the EU has reached a consensus on the issue and than Bitcoin is here to stay.
/GoK
August 08, 2013, 03:45:15 AM
probably usa
August 03, 2013, 12:23:28 AM
I doubt the domino effect would trigger from thailand, lol..
August 02, 2013, 10:49:24 PM
For small countries, bitcoin is a big threat. But for big countries like the US, btc has little impact on the legal tender. So I think there is little policy risk in a short run.
Sure! You can't give much money or much power to someone who can't handle that.
The consequences would be catastrophic.
Anyway, I hope Thailand is the first and the last country where bitcoins are illegal.
Thread title is incorrect. Bitcoin is not illegal in Thailand. It is just a pile of FUD.
August 01, 2013, 11:33:23 AM
For small countries, bitcoin is a big threat. But for big countries like the US, btc has little impact on the legal tender. So I think there is little policy risk in a short run.
Sure! You can't give much money or much power to someone who can't handle that.
The consequences would be catastrophic.
Anyway, I hope Thailand is the first and the last country where bitcoins are illegal.
It is a canard, you don't have to hope Thailand is the "first" one. Haha.
July 31, 2013, 09:06:04 PM
For small countries, bitcoin is a big threat. But for big countries like the US, btc has little impact on the legal tender. So I think there is little policy risk in a short run.
Sure! You can't give much money or much power to someone who can't handle that.
The consequences would be catastrophic.
Anyway, I hope Thailand is the first and the last country where bitcoins are illegal.
July 31, 2013, 04:20:19 PM
do countries use other countries' 'legal' decisions as precedence?
No, most countries don't even care what the UN says much less what some other country sayslol I didn't know soros pwned Asia too at some point
Soros likes to f*ck anything Asian.
July 31, 2013, 09:25:56 AM
For small countries, bitcoin is a big threat. But for big countries like the US, btc has little impact on the legal tender. So I think there is little policy risk in a short run.
do countries use other countries' 'legal' decisions as precedence?
I am not sure about it. One thing is sure that any government does not want to lose their power of issuing currency. Big countries do not have to worry about it now.
Whats needed (IMO) is a Credit system THAT IS TIED TO LIMITED PRECIOUS VALUBLES. If there is no limit on "how much is out there" then eventually majority of currencies will suffer Inflation.
Fuck, a chocolate bar already costs 40% more than what I remember it costing as a kid, And my rent has also gone up $400 since i started living here
While on the other hand, Bitcoin value just keeps going up.
So whats the problem? The Gov's cant Issue bitcoins.
July 31, 2013, 05:25:35 AM
For small countries, bitcoin is a big threat. But for big countries like the US, btc has little impact on the legal tender. So I think there is little policy risk in a short run.
do countries use other countries' 'legal' decisions as precedence?
I am not sure about it. One thing is sure that any government does not want to lose their power of issuing currency. Big countries do not have to worry about it now.
July 31, 2013, 05:21:10 AM
Didn't we already clear this up yesterday?
So much noise, so little signal, i'm slowly dying inside.
So much noise, so little signal, i'm slowly dying inside.
July 31, 2013, 02:30:11 AM
For small countries, bitcoin is a big threat. But for big countries like the US, btc has little impact on the legal tender. So I think there is little policy risk in a short run.
This is a valid point. The float of bitcoin already has surpassed the M0 money supply of many smaller nations ... https://bitcointalksearch.org/topic/parity-watch-whos-next-154954
If I was a central banker for a "Parity Watch" country I would be considering either adopting parallel currency tender laws to encourage bitcoin circulation or banning it altogether (whilst recognising ultimate futility)
... do you see anybody lining up to buy Burkina Faso Burkinabe CFA Francs before bitcoins?
July 30, 2013, 11:01:54 PM
not trying to get them in trouble but I ordered from here a month ago with btc and they still list it...
http://www.siam-secrets-store.com/
so who knows what's really real on the streets over there
http://www.siam-secrets-store.com/
so who knows what's really real on the streets over there
July 30, 2013, 08:15:16 AM
lol I didn't know soros pwned Asia too at some point
Soros likes to f*ck anything Asian.
July 30, 2013, 03:27:24 AM
^lol
July 30, 2013, 03:24:58 AM
Oh my gosh... this is... not... good.
or....true....
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