Bitcoin Forum

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I think the legalization of bitcoin and the crypto-currency market is for sure.
Because more and more countries are accepting bitcoin and crypto-currency markets.

Yeah some of the countries easily accept the cryptocurrency on their market because they already saw what crypto can do to improve their market but at the same time some of the countries got threatened about it. Mostly the banks are the one who hinder the legalization of crypto.

If the development of cryptocurrency in Bangladesh is more advanced and many large companies adopt crypto, I think the Bangladesh government will legalize for some other crypto, and that's very good.

Not only illegal in this country, but also many countries can not accept the BTC, they always find ways to stop the BTC, so the cryptographic market has not really developed in the world. But I find them to have many advantages, although in the payment of goods and services they have many limitations, but in the international payment they are a great tool.

pah you are so naive, west bengal had food riots recently, why should it support the energywaster bitcoin?

I think Bangladesh Government will legalize Bitcoin like any powerful countries like US and Japan. The only government that will try to restrict Bitcoin are those Corrupt countries that don't want their transaction to be available in public.

Its true right now there are many countries are banned bitcoin. They feel bitcoin is an illegal currency. In Bangladesh bitcoin trade is also illegal. But situation is changing. Some countries are accepting bitcoin. So I think Bangladesh also accept bitcoin.

Sad but this is true. But I hope soon bangladesh will learn how effective crypto currency is and will allow in this country. The government need to learn the worth of crypto first.

Not just Bangladesh, there are several other countries where bitcoin is illegal such as Algeria, Bolivia, Nepal and Ecuador.

According to my knowledge Bangladesh government didn't lift the cryptocurrency ban. I am not sure how did Dent and those telecom operators launch cryptocurrency based services as it is still illegal in Bangladesh.  ???

United States as well

If many large corporations in Bangladesh are adopting bitcoin or other crypto, I am sure that cryptocurrency in Bangladesh will grow for the future of crypto in Bangladesh.

By the time the government come into terms with what crypto can do in their economy,  They will legalize the use of cryptocurrency and blockchain technology. Very soon the will feel the pressure and then lift whatever ban on cryptocurrency.                

this is such a great news for bangladeshi people. and these four major Telecommunication company Robi, Grameen phone, Banglalink and Airtel. plays very influencial role in bangladesh by their promotional activities. i believe they will promote crypto currency so beautifully to the people, so people will except it more.

Well,I don't know the reason why it is ellegal in Bangladesh but it is good for me as a user of crypto because here in our country,it is not yet ellegal.So for me, why I am going to problem another country if my country there's no problem on it.

I know that some governments still don't approve the currency but what to do, it is not very important i think today. in the future , gradually, more and more countries will approve it and I am sure that it will win soon

Maybe the government is not aware of that or the officials were bribed this could be the reason.

Bangladesh is also one of the top listed corrupted country so powerful corporates can do anything with the money but bitcoin don't have any central authority to bribe to make it illegal in their country.So bitcoin is still illegal to use there. :o

Not only in Bangladesh but also in many parts of the world still accept electronic money and it is still used. By the same lime bitcoin smoothly. Immediate trading, immediately. Digital forex trading occurs in minutes whether the transaction is halfway around the globe. Especially low cost.

Due to having some transparent issue, Bangladesh Govt. have not approved cryptos. But they are adopting the best invention of the recent technology and from that perspective I think they will develop better system to accept the cryptocurrency.

Yeah, it is true that cryptocurrency is illegal in Bangladesh. But beside this it is a good that Dent token is being used by four big telecommunication companies of Bangladesh which is positive sign towards cryptocurrency I guess. I hope soon more coins will be legalize in Bangladesh and slowly regulations from cryptocurrency will be removed.

Meh, there will always be ways to have access and trade/buy crypto currency. They can only scare people but they cannot stop a totally decentralised system.

I think it is high time the Bangladeshi govt. Legalized Cryptocurrency. I know Bangladesh is a developing country and they are trying to cope with the developed one's. 

Well Bangladesh government are still in doubt in bitcoin I guess thats why they are not legalizing it.Maybe they taught that it may affect their economy such as other countries.Wait till your government embrace the existence of bitcoin.As of now they are restricting it but time will come they will totally accept it because of popularity and the benefits they will get through bitcoin.

I think. if the government of Bangladesh legalizes cryptocurrency of course the country is developing and will reduce the number of unemployed and will help the economy of bangladesh. thanks.

Are telcoms tricked by Dent team?  :)

If dent are able to get into the bangladesh market, then  I think there is no issue for bubbletone's UMT too. The investors from bangladesh should be buying all these tokens by now after all its the only available to them and its cheaper too. Developing countries like them should be more radical to these technologies.

most of the underdevelopment countries have banned cryptocurrency

Its true right now there are many countries are banned bitcoin like Bangladesh. But I think Bangladesh Government will legalize Bitcoin like any powerful countries like US and Japan. In my opinion, if many large corporations in Bangladesh are adopting bitcoin or another crypto then it's true that cryptocurrency in Bangladesh will grow as soon as possible.

Its true its illegal in Bangladesh but the govt. is so conscious about technology and few ays ago a minister was also talking about it and this govt. is smart enough they are thinking about this system mainly they can accept bitcoin based on its profit and facilities. So its high time for BD people to invest money in here.

I think in some countries there are still some who make illegal bitcoin. they do not want to admit it. because it is not the currency of their country. but if they use bitcoin as their means of exchange or make sales for them often do so. since ancient times they have made a currency that they often use in accordance with their respective countries. then in the country they do not use bitcoin or crypto as a means of payment in their country.

most likely there will be more legal tokens. if an existing token can grow and be accepted by a citizen, it is possible that there will be another token released by a company and probably more, a usable token.

Right now, the country is busy with helping the Roringas and there the government is investing a lot of money to help them. They are doing great i must say. However, I think it'll take time to get accepted crypto currency by Bangladesh and whatever you told about dent token. I don't think that's true. I haven't find any valid links for that.

I Am Agree With You.

I haven't received yet this news,but I know it will going to soon. Unfortunately many countries already simply accept it bitcoin.just have them few countries haven't accept yet bitcoin.i hope soon their countries back to the crypto currency legal world.

We could see that most of the smaller economy countries like Bangladesh ban bitcoin.They fear that bitcoin might crush their country's economy.In future,when all the countries start adopting bitcoin,then bangladesh too would have no other way than accepting bitcoin.

very good news from bangladesh. thus bangladesh one step already supports the movement of digital money or crypto. this will make the crypto currency more popular and known to the public. because crypto technology is a good technology to apply. so how about with your country?

You know what that's very sad to here...  Because we all know tha it is very useful now especially today....  We are hoping that Bangladesh and other countries will legalize the uses of cryptocurrency especially bitcoin.... Because it will really help every country not only today but also in the future....  I think Bangladesh will legalize a few altcoin....  And if it happen it will be a good starting point of the era of cryptocurrency.....

Yes ,cryptocurrency is still illegal in bangladesh but not only bangladesh i think most of the countries still illegal in cryptocurrency.but I really believe that one day all countries accept this currency is ligel.

what Bangladesh does may be influenced by India which also forbids crypto, I think India's role in South Asia is still a major factor. Maybe if South Asia will legalize cryptocurrency, India is the country that must do it. after that surely other countries will follow.

Maybe their government was threatened by bitcoin but give it a time, when it will be considered by other countries, they might possibly be open in legalizing bitcoin in their country.

In a statement, the Central Bank of Bangladesh cited concerns about the absence of a central payment system on Bitcoin that could cause people to lose money financially. Furthermore, the legal framework of Bitcoin prohibition is associated with the 1947 Foreign Currency Control Act, and the 2012 Money Laundering and Laundering Act. In fact, Bangladesh explicitly adds that the trading of Bitcoin and other digital currencies could result in sentences of up to 12 years in prison .

Bangladesh is not support bitcoin or cryptocurrency yet. and will not legalize it in near future.
Mostly the countries that legal bitcoin are the countries which have really good technology like japan, russia and other great technology country.
I think most of them (those countries) already know the benefits of bitcoin and know how to make a regulation about bitcoin.

Some countries have banned crypto, because the government does not really know how to handle this new technology. They're afraid to lose control over the financial system. But now they see It's not a threat, they will give up and silently accept cryptocurrencies.

The government of Bangladesh is not accepting bitcoin as valid coins. But in my opinion, Bitcoin is very important for developing countries like Bangladesh. But it is expected that bitcoin will be valid in Bangladesh. What do you like for the kids?

As I see Bangladesh government want to encourage people to used their own crypto currency but I'm not sure about Dent tokens is made in Bangladesh but that is a good sign that Bangladesh accept one of the cyrpto and time will tell if the government want to accept other crypto I think they will put a regulation on that.

Yes bitcoin is still not legalized in Bangladesh, but not just Bangladesh. There are still many countries that have not legalized bitcoin yet. As in my country, bitcoin is currently not legalized but not legalized. We'll see that in the future I'm sure bitcoin will be legalized.

Maybe if they want to growth their economy I think they should legalize bitcoin now,  because bitcoin was necessary for others coin I think, it just not enough when you have another coin in your but not bitcoin.

Yes.I Saw a News That Cryptocurrency is still illegal in Bangladesh

I don't know, because I am not a citizen of bangladesh. moreover I think bangladesh not too have a big impact on the development of crypto. does not intend to excommunicate. but it is a fact, and I am glad if bangladesh has a role and legalize for the next few years, so there are many countries that welcome bitcoin and crypto to be legal. and this will affect other countries especially in asia

I would be very supportive if bangladesh segere legalize Bitcoin, so that Bitcoin Users there can progress. and surely this will be very good news.

Not sure about the governments activity, because Bangladesh government is the one which imposed a ban upon bitcoin usage blindly without making any serious discussion or study about the good it can bring to the country. They just analyzed the negative effects that were possible and made the ban. Maybe this will change in the future and dent into usage for telecommunication needs in a legal manner can be a initiation for taking back of the ban.

If some big companies in bangladesh have started using cryptocurrency, then surely there will be many other big companies that will use cryptocurrency. This can make the bangladesh government will legalize many other cryptocurrencies.

Not just banks though media too can hinder the legalization or implementing bitcoin or different alt coins accross the crypto world.

And yes it is true it can be a big help for a country lile bangladesh and i hope that in my state , the gov will implement the bitcoin and other coins.

Long live bitcoin though sooner or later government will starting to implement it and banks and medias cant stop it.

Actually Bangladesh is now doing very good in all the sectors especially in the technology. The government is trying to make it digital and they are on the way. In previous the technological advancement was poor but now it has become strong. So we can hope that it will now legalize bitcoin as it has resources now to transact bitcoin.

I agree. I think that if giant companies use cryptocurrency in Bangladesh, maybe their govenment will soon realize the importance of making the cryptocurrencies legal in their country.

Crypto currencies are illegal in this country but they authorized Dent token to operate in the country so meaning their policy has exception that maybe there are some requirements that need to be accomplish so that a crypto currency can be exempted in banning like its should have a feasible commodity to be accepted like Telecommunications which is really very important to economy for every nation.

it only needs time for bitcoin to be legal. time will tell :)

I know that other countries and most governments still do not agree with the bitcoin money and therefore many countries have banned the bitcoin. But no matter what happens this is not very important, I think now. and in the future, it gradually rises and more and more with other countries will definitely approve it and I'm sure that btcoin is growing. it will win as soon as bitcoin is now a popular one.

 ;) ;) The government of Bangladesh does not understand anything stupid. But I can not say anything correctly.  ;) ;)

Bangladesh is the one that made the decision of banning bitcoin fearing its growth. In reality people from the country still continue to use it through different other ways possible. Quite often people of Bangladesh were arrested for the use of bitcoin and were punished severely. This needs to change as the future is completely focused on the digital growth.

It's not easy to allow a coin publicly in a country

Well, I think that issue about lagalization of cryptocurrency will still depend on their Government. If they allow Dent token to somehow operate maybe the government are already in the process accepting cryptocurrency. Just wait and I think the government needs time to fully understand digital currency, all it's importance, advantage and disadvantages of it and maybe then they will have  a final decision about cryptocurrency.

In near future it may happen. I'm not sure.  Recently I heard that btc and cryptocurrency is not legal in Bangladesh. If  big companies in Bangladesh will strats using the cryptocurreny then there will be a chance to legalize.

Yes it is true that Bitcoin is still banned in Bangladesh. There are many such countries that Bitcoin is still banned in those countries. The Government of Bangladesh still thinks that it is used only as an immoral act and as the tool of terrorists. But I think it will be valid when the government can fully understand the benefits of Bitcoin.

You should have a link to support this because if not this is just uncertainty.

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Notably, the use of any crypto currency in Bangladesh is prohibited by the government and they didn't acknowledge any of those. Since government warn its people from transacting bitcoin or other altcoins as it may harm them and potential danger since it's transacted through online and government didn't issue this nor not a legal tender.

So I'm actually confuse on how Dent became a utility token as it will surely contradict on what their law had stated.

The sooner or later Bangladesh Government will legalize Bitcoin as more than 200k people are involved in Bitcoin and cryptocurrencies. The present situation---- police is searching the Bitcoin traders to put into the jail.

why is the Bangladesh government not so consistent to legalize cryptocurrency they should have to legalize because some tokens have been used to pay goods. the Bangladesh government should realize how valuable cryptocurrency to society and also economic development in Bangladesh.

What is the scope of this ban? So crypto money exchanges were banned? If there is a crypto-money transaction, I think there is no problem. By taking DENT you can transfer money to any exchange and you can do the trade there. Then it is possible to withdraw money again as DENT when requested. If I don't get it wrong!

Some countries see bitcoin as legitimate and they accept bitcoin trade but still some countries see bitcoin as illegal and they are forbidden to trade bitcoin.

We will start seeing the legalisation of crypto coins soon across the globe as more and more countries are accepting btc as an alternate mode of currency. The time is not far when we will see no cash and completely we all will depend on digital payments only. The more the technology is being advanced the more we can see the growth of the financial sector soon. Let's hope for the best.

But lets accept the reality that slow moving countries are not aware of what cryptocurrency can benefits them and they have no idea how great this community is so they are only looking for negatives and not in positive sidrs,and besides corrupt governments will surely hate us because they know that decentralization of cryptocurrencies will end up their bad doings and will bring them all down from illegal activities they use to do

There is no such thing as legalisation of the crypto. There is either tender of it that can be passed or banned within the country. Bangla has just banish the idea of using the crypto currencies and thus it doesnt mean people can not buy or sell the crypto currency. They still can use it on their own risk and only thing they cant do is, go and ask bank to transfer the fund to a crypto related to account or buy the crypto openly with their accounts. They can surely go ahead and do such trades over sites like peer-to-peer trisector and use it. Dent is network which is allowing them to buy the tokens but surely this is against the ETH pair or BTC but not the fiat itself.

I think, if the use is not banned, the government has legal it, it's just not officially.
because if a country prohibits Bitcoin then the use or transaction of using Bitcoin is not permitted and will even be punished.
I think Bangladesh will legalize cryptocurrency.

At the beginning of the month the Bangladesh government had inaugurated that Bitcoin and cryptocurrency were banned, even the government hunted Bitcoin traders.
and now the use of Bitcoin is not punished, it looks like the Bangladesh government will legalize Bitcoin and follow other countries that have legalized Bitcoin. Maybe the thought of the Bangladesh government has been opened , because Bitcoin can flatten the world economy.

DENT android app already very famous in Bangladesh because anyone can buy easily mobile data pack by Dent coin. Best app ever i always buy big data plan by dent. Still there are no coins legalized in Bangladesh i think. Because crypto is illegal by government.

Yes, just DENT app is officially approved and just you capable to buy mobile data pack not other anything can't do it. But cryptocurrencies is officially banned i think you don't know about this. It's quite popular because buying data pack very cheap price also many advantages extra coin earning by referring your friend.