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Author Topic: BTC in your country  (Read 44522 times)
afriezalie
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May 15, 2015, 11:03:53 AM
 #61

In my country, bitcoin isn't popular but it's still allowed in my country although there aren't any local store accept bitcoin as payment method Grin
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May 15, 2015, 03:56:03 PM
 #62

I just know maybe 3 or 4 friends (in real life) that using Bitcoin, I think my other friends even don't know what is Bitcoin.
And in my country, I think there is more people that using Bitcoin. Bitcoin is keep growing in my country, although the government is doesn't care about it. But that's why Bitcoin is keep growing in my country, because the government doesn't intervene.

faucet used to be profitable
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May 15, 2015, 04:04:06 PM
 #63

afaik btc atm will have biometric id in the US,  no thank you

Really? That would be too invasive in terms of identification if you would ask me. Even banks here in my country doesn't implement that. Huh

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Bitcoin_BOy$
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May 15, 2015, 04:28:52 PM
 #64

Hi , I live in Africa in the North .  for me i don't think anyone in my country knows bitcoin better than me , and theirs a little number of persons who know even about it , and maybe just 1/1000 of
those who knows it use it in real life . and i have just one friend who use it to buy domains
and some stuffs online .

Bitcoin Boy .
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May 15, 2015, 04:33:22 PM
 #65

Nice to meet another SEA user at Bitcointalk. Hmm.. if the country you live in have several ATMs, why only 1% of the population know Bitcoin? I'm thinking that they might know Bitcoin but they just dont use it.

Nice to meet you too.  Grin

The percentage who might have heard about Bitcoin might be higher. But I am certain that less than 1% knows for sure what Bitcoin exactly is, and what are its advantages. There is a lot of negative propaganda going on currently. It is very difficult to counter all that.

I wonder which part of South East Asia do you live in.. In my country, people know about Bitcoin but they just dont use it. Mostly because they are afraid of the high risk in Bitcoin.

Yup I think in my country hardly anyone knows about bitcoin honestly speaking very few people knows about bitcoin but i doubt whether they have used bitcoins anywhere or not I haven't seen any ATM's yet in my country which makes me feel sad so need to wait for the right time.

I wish to see Bitcoin ATM worldwide. Hopefully your country will have one or two in the next few years.

So sad! This profile does not appear as the #1 result (on anonymous) Google searches anymore.

Time to be active on the crypto forums again? Proud to be one of the few Legendary members of the Sparkie Red Dot!

Gonna put this on my resume if I ever join a cryptocurrency/blockchain industry!
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May 15, 2015, 04:41:51 PM
 #66

In my country, bitcoin isn't popular but it's still allowed in my country although there aren't any local store accept bitcoin as payment method Grin

For now it wont be so popular because there are only few people that know what bitcoin is and for local store to accept bitcoin for now is to impossible because they dont even know what it is and how to use this bitcoin. Just wait for the mainstream time, after that people will start to collecting it and also the price will going up too
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May 15, 2015, 05:05:37 PM
 #67

In my country bitcoins are not legal and also many people dont know about it,its like out of 1000 only 1 person knows about bitcoin... also when i talk about bitcoins with other people they just dont understand Sad

umaOuma
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May 15, 2015, 05:37:02 PM
 #68

In my country, bitcoin isn't popular but it's still allowed in my country although there aren't any local store accept bitcoin as payment method Grin

For now it wont be so popular because there are only few people that know what bitcoin is and for local store to accept bitcoin for now is to impossible because they dont even know what it is and how to use this bitcoin. Just wait for the mainstream time, after that people will start to collecting it and also the price will going up too

Very rightly said same is the case in  my country hardly few people knows about it and even if they know they haven't used it anytime so it will take time that people start using it and accepting it and shopkeepers are not aware of the bitcoin so we can't accept that they accept bitcoin as a mode of payment.
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May 15, 2015, 06:53:36 PM
 #69

afaik btc atm will have biometric id in the US,  no thank you

Really? That would be too invasive in terms of identification if you would ask me. Even banks here in my country doesn't implement that. Huh

Certain ones do ask for palm prints and face scans. You also need to give phone numbers, ID and probably your first born child too.

You need to choose carefully as there are much more anonymous ones too. It's up to the owner and what machine they're running.
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May 15, 2015, 07:07:37 PM
 #70

afaik btc atm will have biometric id in the US,  no thank you

Really? That would be too invasive in terms of identification if you would ask me. Even banks here in my country doesn't implement that. Huh

Certain ones do ask for palm prints and face scans. You also need to give phone numbers, ID and probably your first born child too.

You need to choose carefully as there are much more anonymous ones too. It's up to the owner and what machine they're running.

With the above methods of identification you've just stated, we're lucky that banks here don't implement those. Only a scan of 2 valid IDs and proof of billing among others are the only requirement for you to start a transaction with the banks. Some banks on other countries are just too damn invasive. I can't live with that, honestly.

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gentlemand
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May 15, 2015, 07:18:06 PM
 #71


With the above methods of identification you've just stated, we're lucky that banks here don't implement those. Only a scan of 2 valid IDs and proof of billing among others are the only requirement for you to start a transaction with the banks. Some banks on other countries are just too damn invasive. I can't live with that, honestly.

Yup. It's madness. At one point a few people reported that Bitstamp were asking to see peoples' tax records.

All I need to do in the UK to buy or sell a few billion in shares is prove where I live and sometimes photo ID.
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May 15, 2015, 07:59:21 PM
 #72

Rarely someone would have heard about the bitcoin i guess in my country. Some of the highly qualified professionals working with some reputed IT Organisations are also not aware about the bitcoin or how can it be used that makes me little bit worried.
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May 15, 2015, 09:09:38 PM
 #73

Rarely someone would have heard about the bitcoin i guess in my country. Some of the highly qualified professionals working with some reputed IT Organisations are also not aware about the bitcoin or how can it be used that makes me little bit worried.

right hardly anyone knows about it so how can expect that shopkeepers merchants retailers will start accepting bitcoin as a mode of payment i believe it will take a long period of time for the people to get aware about the concept of bitcoin and implementing it in a real world.
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May 15, 2015, 11:27:22 PM
 #74

its developed very fine I even have a bitcoin atm in my town.
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May 15, 2015, 11:34:14 PM
 #75

Hi!  Smiley
How BTC bitcoin developed in your country? Are there many people in your real life that you know that use BTC ?

Bitcoin is coming a long well in the country I live, it seems the UK govt is going to accept Bitcoin and regulate to make safer for big companies and banks to get invoved. London capital of finance and more than likely will be the central hub for bitcoin. There are not actually many people in my life that I know of who use bitcoin there are some that know of bitcoin but they stopped using it a year or two ago. It will get there oneday when we all know someone who is using it.
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May 16, 2015, 01:34:13 AM
 #76

BTC in my place is not banned yet, however the government doesn't courage us to use it, either. However most of the residents in my city don't trust in bitcoin, maybe due to many scams about bitcoin here (e.g. some lose millions in those scams).

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May 16, 2015, 07:21:07 AM
 #77

BTC in my place is not banned yet, however the government doesn't courage us to use it, either. However most of the residents in my city don't trust in bitcoin, maybe due to many scams about bitcoin here (e.g. some lose millions in those scams).

That's the sad part. Even those guys who don't know a great deal about Bitcoin has read about all those robberies and scams, such as the Mt Gox scandal and the Sheep Marketplace robbery. Most of them will regard Bitcoin as an extremely high-risk investment, although ideally, it should be used as a currency which is immune to inflation.
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May 16, 2015, 10:26:00 AM
 #78

BTC in my place is not banned yet, however the government doesn't courage us to use it, either. However most of the residents in my city don't trust in bitcoin, maybe due to many scams about bitcoin here (e.g. some lose millions in those scams).

That's the sad part. Even those guys who don't know a great deal about Bitcoin has read about all those robberies and scams, such as the Mt Gox scandal and the Sheep Marketplace robbery. Most of them will regard Bitcoin as an extremely high-risk investment, although ideally, it should be used as a currency which is immune to inflation.

But in every single case it was because they were relinquishing control of their private keys to unqualified or untrustworthy morons.

I seriously doubt most people are bright or bothered enough to make that conclusion for themselves. If they can't then it's best that they stay away anyway.
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May 16, 2015, 10:34:31 AM
 #79


With the above methods of identification you've just stated, we're lucky that banks here don't implement those. Only a scan of 2 valid IDs and proof of billing among others are the only requirement for you to start a transaction with the banks. Some banks on other countries are just too damn invasive. I can't live with that, honestly.

Yup. It's madness. At one point a few people reported that Bitstamp were asking to see peoples' tax records.

All I need to do in the UK to buy or sell a few billion in shares is prove where I live and sometimes photo ID.

Same thing here in the Philippines. You only need a scanned valid ID and recent pictures of yours and you probably can do a million dollars worth of spending or buying stocks etc. However, as easy as the methods are in the beginning, it will begin to creep you out because apparently, a million dollar purchase here in our country rings a bell to our tax department. Sad Tax tax tax.

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May 16, 2015, 11:19:28 AM
 #80


Same thing here in the Philippines. You only need a scanned valid ID and recent pictures of yours and you probably can do a million dollars worth of spending or buying stocks etc. However, as easy as the methods are in the beginning, it will begin to creep you out because apparently, a million dollar purchase here in our country rings a bell to our tax department. Sad Tax tax tax.

I'd fully expect to be paying tax on whatever. It's the silliness surrounding access to certain markets that irks.

What I wouldn't accept is showing Bitstamp, a bunch of anonymous Slovenians who are 'based' in a post box on an industrial estate in the UK, financial details that no other company would ever dare ask for, especially when it's for the honour of selling a couple of hundred dollars' worth of coins.

I don't think they're doing it any more but they can permanently kiss my posterior anyway.
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