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Leonard2016
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September 30, 2016, 05:05:40 AM
 #261

I think it is banned in bangladesh, but not in our India.
Italy government has decided to levy taxes on bitcoin earnings thus making bitcoin legal.
I hope in next 5 years, most countries will accept bitcoin as legal.
By next five years, i hope almost 70 percent of business organisations would accept bitcoin as payment.
yeah it is actually banned in some countries unfortunately and it is really bad because it grows slower

Indeed, it is banned in some countries but it is not a hindrance. There still who is collecting bitcoin there and sold in some exchanges. Like also in Chine, gthere even bitcoin mining there. Only the government is against it, since they cant taxed from it but they cant stop it from people using it.

most of the time when government bans bitcoin it means that services can no longer accept bitcoin, there will be no shop that accepts bitcoin but they can never tell people not to buy, earn, hold bitcoin. they can do whatever they want easily because it is decentralized bitcoin Cheesy


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September 30, 2016, 12:21:57 PM
 #262

I am in one of the least accepted countries worldwide with plenty of economical restrictions and punishments on it and I can use bitcoin normally with no restrictions so that probably answers the question, Few countries did ban there citizens from using Bitcoin but I doubt they can enforce that.

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October 02, 2016, 06:14:13 PM
 #263

I am in one of the least accepted countries worldwide with plenty of economical restrictions and punishments on it and I can use bitcoin normally with no restrictions so that probably answers the question, Few countries did ban there citizens from using Bitcoin but I doubt they can enforce that.
The fact you can use doesnt mean you wont have a punishement for using or have bitcoin, each country is reacting different over the bitcoin,   i believe they will tax it and the problem or issue around bitcoin being ilegal will end on those moment.
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October 02, 2016, 07:27:17 PM
 #264

I am in one of the least accepted countries worldwide with plenty of economical restrictions and punishments on it and I can use bitcoin normally with no restrictions so that probably answers the question, Few countries did ban there citizens from using Bitcoin but I doubt they can enforce that.
The fact you can use doesnt mean you wont have a punishement for using or have bitcoin, each country is reacting different over the bitcoin,   i believe they will tax it and the problem or issue around bitcoin being ilegal will end on those moment.

I agree but if there is no cyber law in his country then he is logically safe from all punishment.  Legal matters are applied thru context.  anyway i still agree that the propagation of bitcoin depends on how each country react to this.  If the country allow an open market that includes bitcoin can be use as means of currency or asset, then bitcoin will most probably flourish in that country.

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October 02, 2016, 07:43:14 PM
 #265

I think that as bitcoin starts to be used by more people, some of these countries that are banning it will start to accept it. They are seeing only the negatives and don't fully appreciate all of the positives to it yet.

 
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October 02, 2016, 11:44:24 PM
 #266

I think it is banned in bangladesh, but not in our India.
Italy government has decided to levy taxes on bitcoin earnings thus making bitcoin legal.
I hope in next 5 years, most countries will accept bitcoin as legal.
By next five years, i hope almost 70 percent of business organisations would accept bitcoin as payment.
yeah it is actually banned in some countries unfortunately and it is really bad because it grows slower

Indeed, it is banned in some countries but it is not a hindrance. There still who is collecting bitcoin there and sold in some exchanges. Like also in Chine, gthere even bitcoin mining there. Only the government is against it, since they cant taxed from it but they cant stop it from people using it.

most of the time when government bans bitcoin it means that services can no longer accept bitcoin, there will be no shop that accepts bitcoin but they can never tell people not to buy, earn, hold bitcoin. they can do whatever they want easily because it is decentralized bitcoin Cheesy

but  they still can earn bitcoin and no one will know that he is using bitcoin or not and if he need he can use his bitcoins for buying  online services and he also can top up his mobile phone with bitcoin and the services will pay the companies in fiat.
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October 03, 2016, 12:51:45 AM
 #267

I think it is banned in bangladesh, but not in our India.
Italy government has decided to levy taxes on bitcoin earnings thus making bitcoin legal.
I hope in next 5 years, most countries will accept bitcoin as legal.
By next five years, i hope almost 70 percent of business organisations would accept bitcoin as payment.
yeah it is actually banned in some countries unfortunately and it is really bad because it grows slower

Indeed, it is banned in some countries but it is not a hindrance. There still who is collecting bitcoin there and sold in some exchanges. Like also in Chine, gthere even bitcoin mining there. Only the government is against it, since they cant taxed from it but they cant stop it from people using it.

most of the time when government bans bitcoin it means that services can no longer accept bitcoin, there will be no shop that accepts bitcoin but they can never tell people not to buy, earn, hold bitcoin. they can do whatever they want easily because it is decentralized bitcoin Cheesy

but  they still can earn bitcoin and no one will know that he is using bitcoin or not and if he need he can use his bitcoins for buying  online services and he also can top up his mobile phone with bitcoin and the services will pay the companies in fiat.
Countries in the general dont know how to act at bitcoin, some try to ban like Russia made, then they see people interested just raised by doing those, and they now allow people to earn and have bitcoins, atleast i believe i had read this sometime ago. Make something forbidden will make the reverse intention into the people minds, bitcoin has conquet its space and there is nothing to be done besides accept it.
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October 03, 2016, 01:32:54 AM
 #268

I think that as bitcoin starts to be used by more people, some of these countries that are banning it will start to accept it. They are seeing only the negatives and don't fully appreciate all of the positives to it yet.
yeah I can see a lot of people began to keen to use bitcoin, there are many of my friends are starting to use bitcoin. let's hope the government sees this and think positive about bitcoin.
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October 03, 2016, 02:35:43 AM
 #269

Are there countries that do not accept Bitcoin? I mean no idea regarding it. What do you think will happen to Bitcoin 5years from now? I'm not asking you to be a psychic to see the future. I'm asking about your idea about Bitcoin's future. TIA!
Maybe there arw some countries dont accept bitcoin but i dont know what country specifically. In my opinion, i think it is very progressive and it will improve more in the future  Smiley
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October 03, 2016, 03:24:03 AM
 #270

Are there countries that do not accept Bitcoin? I mean no idea regarding it. What do you think will happen to Bitcoin 5years from now? I'm not asking you to be a psychic to see the future. I'm asking about your idea about Bitcoin's future. TIA!
Maybe there arw some countries dont accept bitcoin but i dont know what country specifically. In my opinion, i think it is very progressive and it will improve more in the future  Smiley

I think some other countries did not introduce bitcoin yet. Somehow other countries
improves bitcoin literally. Because bitcoin introduce already, and other countries
developed bitcoin ATM. Likewise this have been popular were users already
earn profit by using bitcoin.
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October 04, 2016, 11:18:15 PM
 #271

Are there countries that do not accept Bitcoin? I mean no idea regarding it. What do you think will happen to Bitcoin 5years from now? I'm not asking you to be a psychic to see the future. I'm asking about your idea about Bitcoin's future. TIA!
Maybe there arw some countries dont accept bitcoin but i dont know what country specifically. In my opinion, i think it is very progressive and it will improve more in the future  Smiley

I think some other countries did not introduce bitcoin yet. Somehow other countries
improves bitcoin literally. Because bitcoin introduce already, and other countries
developed bitcoin ATM. Likewise this have been popular were users already
earn profit by using bitcoin.

Here in our country, bitcoin is not popular nor been endorsed by the government but there are already bitcoin ATM. our bitcoin wallet provider also allows us to cash out our bitcoin on some money remittance centers and some bank ATM's.
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October 04, 2016, 11:28:54 PM
 #272

I am in one of the least accepted countries worldwide with plenty of economical restrictions and punishments on it and I can use bitcoin normally with no restrictions so that probably answers the question, Few countries did ban there citizens from using Bitcoin but I doubt they can enforce that.
Is some countries dont accept bitcoin?? i think there aee plenty countries that not really uses bitcoin and bitcoin is so much restriction that can probably citizens be jailed from using bitcoin or buying bitcoin from the exchange bitcoin is very illegal to them and i dont know really why.

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October 04, 2016, 11:33:15 PM
 #273

I think it is banned in bangladesh, but not in our India.
Italy government has decided to levy taxes on bitcoin earnings thus making bitcoin legal.
I hope in next 5 years, most countries will accept bitcoin as legal.
By next five years, i hope almost 70 percent of business organisations would accept bitcoin as payment.
yeah it is actually banned in some countries unfortunately and it is really bad because it grows slower

Indeed, it is banned in some countries but it is not a hindrance. There still who is collecting bitcoin there and sold in some exchanges. Like also in Chine, gthere even bitcoin mining there. Only the government is against it, since they cant taxed from it but they cant stop it from people using it.

most of the time when government bans bitcoin it means that services can no longer accept bitcoin, there will be no shop that accepts bitcoin but they can never tell people not to buy, earn, hold bitcoin. they can do whatever they want easily because it is decentralized bitcoin Cheesy
thats true, it would be terrible if governments banned bitcoin because the price would go straight down

 
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October 05, 2016, 01:48:10 PM
 #274

Are there countries that do not accept Bitcoin? I mean no idea regarding it. What do you think will happen to Bitcoin 5years from now? I'm not asking you to be a psychic to see the future. I'm asking about your idea about Bitcoin's future. TIA!
Bitcoin is worldwide and everybody can make use of it you only need to have access to the internet and you are good to go. That is what is handy about Bitcoin.
No matter what country you live in you can make use of it.


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October 05, 2016, 02:16:17 PM
 #275

Off course is the bitcoin going world wide i dont think there would be lot of peopel interested into some cryptocurrency that is not world wide the bitcoin is world wide because it has to be.
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October 05, 2016, 02:42:44 PM
 #276

Are there countries that do not accept Bitcoin? I mean no idea regarding it. What do you think will happen to Bitcoin 5years from now? I'm not asking you to be a psychic to see the future. I'm asking about your idea about Bitcoin's future. TIA!
Bitcoin is worldwide and everybody can make use of it you only need to have access to the internet and you are good to go. That is what is handy about Bitcoin.
No matter what country you live in you can make use of it.

You can but still through cash. You can carry it in different countries in the world but you will still have to look for something like banks that accepts it to cash it out. That will be the harder part.
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October 05, 2016, 02:47:31 PM
 #277

Are there countries that do not accept Bitcoin? I mean no idea regarding it. What do you think will happen to Bitcoin 5years from now? I'm not asking you to be a psychic to see the future. I'm asking about your idea about Bitcoin's future. TIA!
Bitcoin is worldwide and everybody can make use of it you only need to have access to the internet and you are good to go. That is what is handy about Bitcoin.
No matter what country you live in you can make use of it.

You can but still through cash. You can carry it in different countries in the world but you will still have to look for something like banks that accepts it to cash it out. That will be the harder part.
Might be that looking harder now, but what bitcoin gets more infrastructure for spending and more people are adopting, we no more need to worry about carrying bitcoin to different countries and spending there. Once bitcoin go main stream of adoption, it will be the right choice while traveling new places.
I believe now itself, we will be doing the same by carrying a bitcoin debit cards.
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October 08, 2016, 03:00:32 PM
 #278

Are there countries that do not accept Bitcoin? I mean no idea regarding it. What do you think will happen to Bitcoin 5years from now? I'm not asking you to be a psychic to see the future. I'm asking about your idea about Bitcoin's future. TIA!
Maybe there arw some countries dont accept bitcoin but i dont know what country specifically. In my opinion, i think it is very progressive and it will improve more in the future  Smiley

I think some other countries did not introduce bitcoin yet. Somehow other countries
improves bitcoin literally. Because bitcoin introduce already, and other countries
developed bitcoin ATM. Likewise this have been popular were users already
earn profit by using bitcoin.

Here in our country, bitcoin is not popular nor been endorsed by the government but there are already bitcoin ATM. our bitcoin wallet provider also allows us to cash out our bitcoin on some money remittance centers and some bank ATM's.
I agree to you mate, here in our country bitcoin is not that really popular comparing to another countries. But nothing to worry there many money remittances permits us to cash out our bitcoin  Smiley
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October 08, 2016, 03:30:33 PM
 #279

Are there countries that do not accept Bitcoin? I mean no idea regarding it. What do you think will happen to Bitcoin 5years from now? I'm not asking you to be a psychic to see the future. I'm asking about your idea about Bitcoin's future. TIA!
Maybe there arw some countries dont accept bitcoin but i dont know what country specifically. In my opinion, i think it is very progressive and it will improve more in the future  Smiley

I think some other countries did not introduce bitcoin yet. Somehow other countries
improves bitcoin literally. Because bitcoin introduce already, and other countries
developed bitcoin ATM. Likewise this have been popular were users already
earn profit by using bitcoin.

Here in our country, bitcoin is not popular nor been endorsed by the government but there are already bitcoin ATM. our bitcoin wallet provider also allows us to cash out our bitcoin on some money remittance centers and some bank ATM's.
I agree to you mate, here in our country bitcoin is not that really popular comparing to another countries. But nothing to worry there many money remittances permits us to cash out our bitcoin  Smiley

It is still the majority of a number of countries problem. There are less users that is why it is slowly adapting. But as long as it moves it is still a good sign for a greater future.

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October 09, 2016, 12:35:35 AM
 #280

Are there countries that do not accept Bitcoin? I mean no idea regarding it. What do you think will happen to Bitcoin 5years from now? I'm not asking you to be a psychic to see the future. I'm asking about your idea about Bitcoin's future. TIA!
Maybe there arw some countries dont accept bitcoin but i dont know what country specifically. In my opinion, i think it is very progressive and it will improve more in the future  Smiley

I think some other countries did not introduce bitcoin yet. Somehow other countries
improves bitcoin literally. Because bitcoin introduce already, and other countries
developed bitcoin ATM. Likewise this have been popular were users already
earn profit by using bitcoin.

Here in our country, bitcoin is not popular nor been endorsed by the government but there are already bitcoin ATM. our bitcoin wallet provider also allows us to cash out our bitcoin on some money remittance centers and some bank ATM's.
I agree to you mate, here in our country bitcoin is not that really popular comparing to another countries. But nothing to worry there many money remittances permits us to cash out our bitcoin  Smiley

It is still the majority of a number of countries problem. There are less users that is why it is slowly adapting. But as long as it moves it is still a good sign for a greater future.

We should just advertise more the Bitcoin industry so that it will be easily known worldwide. Not just to our family but also to our friends and the neighborhood. We should keep on talking positive things about Bitcoin.
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