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Author Topic: [2015-05-27] CCN: Top 10 Countries in Which Bitcoin is Banned  (Read 539 times)
bryant.coleman
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May 27, 2015, 04:21:18 PM
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https://www.cryptocoinsnews.com/top-10-countries-bitcoin-banned/

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Countries around the world have a wide ranging view of the digital currency bitcoin or a “virtual currency.” Western superpowers like the United States and United Kingdom have shown a positive attitude towards the new technology. Some countries like Canada and Australia are still deliberating on what to do about Bitcoin, legally. And the many others have already made their decision against digital currency as a whole, and bitcoin, in particular, so here we’ll list the ten places you’ll find the most trouble using bitcoin. Keep in mind not recognizing or supporting the use of bitcoin and banning bitcoin are two different things. This article focuses on those who ban bitcoin legally, or in practice.

Surprised by the Bitcoin ban in countries such as Sweden and Iceland. I was thinking that these countries were more "progressive". On the other hand, the bans in India and China are hardly surprising.  Grin
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IDKwhatimdoing
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May 27, 2015, 07:56:44 PM
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band are made, but people keep using the currency!!!! the power of bitcoin Grin

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May 27, 2015, 07:59:45 PM
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band are made, but people keep using the currency!!!! the power of bitcoin Grin
Amen. The reason the list is surprising is because most of the bans are utterly ignored. It is also hard to use the word "ban" so broadly. Some of those countries have restrictions, but not outright bans. 

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May 27, 2015, 08:34:25 PM
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Its not surprising to see bans.  I would think that the banking industry would be dead set against cryptos.  Of course they could always join the party but interestingly they seem to choose opposition in stead.  If they joined the party everyone would benefit even themselves. 
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May 27, 2015, 09:03:48 PM
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Surprised by the Bitcoin ban in countries such as Sweden and Iceland. I was thinking that these countries were more "progressive". On the other hand, the bans in India and China are hardly surprising.  Grin

They have to force their citizens to use money that they can create more of in order to pay for all of that so-called "progress".

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May 28, 2015, 12:40:53 AM
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Surprised by the Bitcoin ban in countries such as Sweden and Iceland. I was thinking that these countries were more "progressive". On the other hand, the bans in India and China are hardly surprising.  Grin

Badly researched article. Bitcoin is not banned in India.
The article includes India just to get to a list of 10 countries.  Tongue

bryant.coleman
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May 28, 2015, 08:41:19 AM
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Badly researched article. Bitcoin is not banned in India.
The article includes India just to get to a list of 10 countries.  Tongue

Have you read the article?

I have been to India, and I know what is going on there. There is no de jure Bitcoin ban as such, but there is a de facto ban on all Bitcoin-related businesses. Almost all the Bitcoin-based business ventures operating in India has either closed down, or are planning to close as a result of this. As mentioned in the article, an example is BTCXIndia.
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