This is the reason why Bitcoin has been locked in several countries.
you mean "banned"?
if yes, then there has not been any new country that banned bitcoin for many years. there is the same handful of countries like Bangladesh that banned bitcoin many years ago and have not changed their stance while the rest of 99% of the world have accepted bitcoin more or less.
And even in Bangladesh where Bitcoin is declared illegal and arrests are made, the people are still pretty much into Bitcoin. Bangladeshis are buying and selling Bitcoin. They are in this forum as well, discussing and talking about Bitcoin, and working for Bitcoin. As a matter of fact,
"The Bitcoin Cafe" is still in Bangladesh serving hot coffee until now (I hope). There you go. There is nothing and no one that can stop Bitcoin.
I agree with you. Although the government banned bitcoin, people in Bangladesh still use it and trade every day, I have a lot of friends in Bangladesh and in their country bitcoin and cryptocurrency are very popular, most people in them know to bitcoin. Government can ban it but they can't stop it thoroughly, there are many different ways people can use and invest in this market.
Well, thanks for confirming. I have also read the same confirmation regarding the old issue of Bitcoin ban in China. That was the time when the issue was hot and then all of a sudden I read of someone who is really there at the heart of the implementation and he/she was saying that the use and trade of Bitcoin is still very much alive in there.
National borders at this point in time of our technological advancement have been made very porous by the internet. The online world has taken down hard walls that used to effectively isolate people from the rest of the world. Bitcoin is one of the technologies that allow people to act and transact as if the world is one single community. Such bans are not anymore effective.
Today, the price of bitcoin is going up and down. Many are saying that the price of Bitcoin cannot reach $ 20,000 now.
That can be the right thing to see. This is the reason why Bitcoin has been locked in several countries. The only way Bitcoin can be priced in its true state is if the countries where Bitcoin is closed are removed. Did I say right?
If we level the playing field, make the rules of the game fair, Bitcoin will definitely win. If we only let each and every citizen of the world freely decide and choose which currency they will use, I am 100% sure fiat will terribly lose.