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Author Topic: world without bitcoins......!!!1  (Read 20293 times)
rajmagar
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July 29, 2016, 05:39:55 PM
 #1

In the rapid development progress of bitcoins, there has been countries where bitcoins are banned like China ,Bolivia ,Bangladesh and others.......... Since bitcoins are not in the hands of government , many countries have banned it and are in the phase on banning bitcoins............ So what should be done? What should be said to the governements?Huh?
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July 29, 2016, 11:11:31 PM
 #2

In the rapid development progress of bitcoins, there has been countries where bitcoins are banned like China ,Bolivia ,Bangladesh and others.......... Since bitcoins are not in the hands of government , many countries have banned it and are in the phase on banning bitcoins............ So what should be done? What should be said to the governements?Huh?
I would like to set somet facts straight here. Because you don't really know what you are talking about:

1. In Bangladesh, Bolivia and Thailand bitcoin is really banned. Bangladesh is the worst place for BTC so far: because "anybody caught using Bitcoin could be jailed under the country's strict anti-money laundering laws"
I am not really familiar if they are really executing this law.

- Bitcoin is banned only if countries which are weak and insignificant from the global point of view economy or either afraid that their own national currency is too weak to compete with cryptocurrency (Bolivia, Bangladesh). Or they banned BTC based on totally idiotic claims and fake prejudice (Bangladesh). Some countries (Thailand) actually start to change their approach towards BTC - http://www.coindesk.com/bank-thailand-says-bitcoin-illegal-warns-use/

2. Bitcoin HAS NEVER been banned in China. This is a lie and total misconception. Chinese government financial institution can't use Bitcoin - that is all. Furthermore China is basically controlling bitcoin mining.



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July 30, 2016, 08:44:13 AM
 #3

In the rapid development progress of bitcoins, there has been countries where bitcoins are banned like China ,Bolivia ,Bangladesh and others.......... Since bitcoins are not in the hands of government , many countries have banned it and are in the phase on banning bitcoins............ So what should be done? What should be said to the governements?Huh?

You should move over to the China board to see that bitcoin is flourishing there.
In fact, the largest bitcoin exchanges by volume are in China.
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July 30, 2016, 09:07:27 AM
 #4

bitcoin and government i don't know why but seems they are cannot walking together because some government hate bitcoin and bitcoiners but if we see the countries around the world there is only a small part who banned bitcoin and the rest is accept bitcoin even though some of them not admit bitcoin as the currency but using bitcoin not an illegal actions such as in my country and as of my thought if government can't control bitcoiners they will not admit 100% bitcoin

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July 30, 2016, 09:16:39 AM
 #5

Governments need to control all things in world if they can't control it they will try to ban it. In the start of Bitcoins most people never expected it will become this huge. Countries are also based on paying taxes and most Bitcoin users don't pay taxes over the Bitcoins they earned. Why you think there are that many Bitcoin gambling websites nowadays they don't pay taxes.

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July 30, 2016, 10:56:32 AM
 #6

Bitcoin is not banned in China. They have forbidden its use as a medium of exchange. In late 2013 the first Chinese companies were starting to accept it for services. That's when they rolled in and said it could only be used to collect 'like stamps'.

They've got track record with this. Q coin, which is online play money and not crypto, was a huge deal in China until the government did the same thing.

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July 31, 2016, 05:08:51 PM
 #7

In the rapid development progress of bitcoins, there has been countries where bitcoins are banned like China ,Bolivia ,Bangladesh and others.......... Since bitcoins are not in the hands of government , many countries have banned it and are in the phase on banning bitcoins............ So what should be done? What should be said to the governements?Huh?
I would like to set somet facts straight here. Because you don't really know what you are talking about:

1. In Bangladesh, Bolivia and Thailand bitcoin is really banned. Bangladesh is the worst place for BTC so far: because "anybody caught using Bitcoin could be jailed under the country's strict anti-money laundering laws"
I am not really familiar if they are really executing this law.

- Bitcoin is banned only if countries which are weak and insignificant from the global point of view economy or either afraid that their own national currency is too weak to compete with cryptocurrency (Bolivia, Bangladesh). Or they banned BTC based on totally idiotic claims and fake prejudice (Bangladesh). Some countries (Thailand) actually start to change their approach towards BTC - http://www.coindesk.com/bank-thailand-says-bitcoin-illegal-warns-use/

2. Bitcoin HAS NEVER been banned in China. This is a lie and total misconception. Chinese government financial institution can't use Bitcoin - that is all. Furthermore China is basically controlling bitcoin mining.



I think in Bangladesh, it is also not banned because Payza is from Bangladesh and they are openly using bitcoin for depositing and withdrawal of funds in or out of Payza, I think nowadays there is no any country where people will not use Bitcoin,people all over the world from every corner is using bitcoin and they are free in that way.

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August 01, 2016, 06:19:25 PM
 #8

In the rapid development progress of bitcoins, there has been countries where bitcoins are banned like China ,Bolivia ,Bangladesh and others.......... Since bitcoins are not in the hands of government , many countries have banned it and are in the phase on banning bitcoins............ So what should be done? What should be said to the governements?Huh?
sorry to say but bitcoin is not banned in china nor in Bangladesh, i think in the world the most of the users of bitcoin are in china, Bangladesh also have a good number of bitcoin user, and similarly in all over the world the users of the world are too  much, therefore we cannot even think without bitcoin, it has now become one of the most essential part o four life, an
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August 01, 2016, 06:24:54 PM
 #9

Without bitcoin world will be more bad because then transactions will be more slowler anf more expensive for everybody so it is better to keept bitcoin crypticurrency alive forever.
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August 01, 2016, 06:32:10 PM
 #10

I thought that bitcoin is not banned in any countries. also i thought china is one of the biggest bitcoin farm why they are banned bitcoin in their place..
Its weird..
Same i will happen if bitcoin is nothing instead the other altcoin right now are we holding right now instead of bitcoin..


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August 01, 2016, 06:37:11 PM
 #11

there are some countrys who think if they accept bitcoins then they are taking help from other countrys and hence it is hurting their little ego. they should be teach that everyone is free to use it and it is not controlled by any givernment
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August 02, 2016, 03:30:56 AM
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Governments all over the world will ultimately accept bitcoins, it's just a matter of time.

Just wait and see.
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August 02, 2016, 06:56:17 AM
 #13

In the rapid development progress of bitcoins, there has been countries where bitcoins are banned like China ,Bolivia ,Bangladesh and others.......... Since bitcoins are not in the hands of government , many countries have banned it and are in the phase on banning bitcoins............ So what should be done? What should be said to the governements?Huh?
in my opinion, the government should not ban the bitcoin because a lot of people are using this to earn money . this can also help the unemployed people and this can be a part time job for those employed people. actually, they should thank the creators because many of us are having a a money because of bitcoins so they should not ban it. they should consider everyone.
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August 02, 2016, 07:07:01 AM
 #14

In the rapid development progress of bitcoins, there has been countries where bitcoins are banned like China ,Bolivia ,Bangladesh and others.......... Since bitcoins are not in the hands of government , many countries have banned it and are in the phase on banning bitcoins............ So what should be done? What should be said to the governements?Huh?

china with the largest mining factory in the world are not banned bitcoin, otherwise mining hardware will not growth as fast as now. i do not know about bolivia and bangladesh, i mean maybe bitcoin doesn't have to be accepted by countries but i am sure that in the next, government will realize that there are unit (bitcoin) that can be used by all country without we have to go in money exchanger in every country.

i think government should be wise to see about bitcoin, and they can learn what is bitcoin, why bitcoin can be growth like now, what factor behind bitcoin and etc. the wise government and good government must take a concern about bitcoin and can see the future of that country.

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August 02, 2016, 12:32:04 PM
 #15

I think now in this time when everyone involved for online business in bitcoin, it is impossible to leave the world free of bitcoin, with that a lot of people will remain jobless.
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August 06, 2016, 10:06:15 PM
 #16

Bitcoins is a curency that is use online to protect peoples wallets.

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August 07, 2016, 05:55:01 AM
 #17

In the rapid development progress of bitcoins, there has been countries where bitcoins are banned like China ,Bolivia ,Bangladesh and others.......... Since bitcoins are not in the hands of government , many countries have banned it and are in the phase on banning bitcoins............ So what should be done? What should be said to the governements?Huh?

Hey smart guy, how about you walk up to the god dam rulers of those countries and conduct a peace treaty with them and your precious bitcoin Maybe you could give them a whole bitcoin. Once the governments realize how much power bitcoin has they might legalize it.... or of course throw you in jail for stepping out of line.

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[/center]
Daneric
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August 07, 2016, 06:11:06 AM
 #18

As long as I have known bitcoin, I don't remember hearing anybody banning bitcoin in China. Some governments like mine have even announced publicly that they don't recognize bitcoin as a form of currency. This doesn't mean that it is banned but it is only that they can not be used officially as a form of currency. In fact you will find that bitcoin is used more in those countries which do not recognize it.
razor5cl
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August 07, 2016, 12:25:34 PM
 #19

I don't really understand how you could ban bitcoin. Is it feasible practically? Surely it would be quite simple to hide your bitcoin transactions using mixers, VPNs/Tor etc?

bostiog1
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August 12, 2016, 11:20:14 AM
 #20

Bitcoin is accepted in most countries except a few. smaller countries with small economies that can not compete with Bitcoin. In a few years it will be in everyone Bitcoin
 Wink

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