Wardtr (OP)
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November 20, 2017, 10:13:44 PM |
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the use of the cryptocurrency is illegal in some countries and punishable special at MOROCCO (North Africa)
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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slyfox
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November 20, 2017, 11:07:08 PM |
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the use of the cryptocurrency is illegal in some countries and punishable special at MOROCCO (North Africa)
It is to be expected, so one of the most important things is to always monitor your local news about anything related to crypto, in my country there is not going to be a ban but a new law is going to come to regulate it and I’m fine with that. |
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John Langut
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November 20, 2017, 11:10:09 PM |
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Punishable in Morocco? What kind of punishment are we talking about? I wonder why they do not embrace it.
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squatz1
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November 20, 2017, 11:22:17 PM |
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Well I mean, is something like this all that surprising? In smaller countries, where they're already ridden with corrupution and the governments trying to squeeze as much as they can out of people. Do you think they're going to allow for a decentralized currency to come in as a way to hide money from the government? No, they're obviously not going to leave any power to anyone else. Because if they do, that'll lead them down a long line of them probably losing their position for being too WEAK.
There's a lot of money to be made in centralized banking, especially for governments and banks, teehee.
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Katabiamorambe
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November 20, 2017, 11:24:36 PM |
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He is legal only in Japan. The rest of the countries are not very positive about it
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natalie99mon
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November 20, 2017, 11:28:42 PM |
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Like my country in Indonesia.BTC in indonesia is ilegal
But now there are some place that allow Btc as means of payment in my country
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krivov
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November 20, 2017, 11:36:35 PM |
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What do you mean when say 'illegal'? That you can't pay?
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Hanablue
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November 21, 2017, 12:00:34 AM |
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I never knew its punishable in Morocco, are you sure about that?
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barefield22
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November 21, 2017, 12:01:41 AM |
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Why is it illegal? Maybe, there is lack of democracy in these countries?
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audrey12
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November 21, 2017, 12:06:25 AM |
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I don't bitcoin will be forever illegal in this countries maybe their government don't see yet the good things of bitcoin and what they only knew is the use of it in illegal activities. I hope soon this issue will be resolve because it is not good for bitcoin market to have those negative feedback and it may kill the bitcoin community if many countries will do the same
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AmXProX
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November 21, 2017, 12:30:55 AM |
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We can't blame other country's government if they would consider the use of bitcoin illegal because bitcoin is a threat on the current fiat system and might replace it in the future and since it is decentralized government don't have a control on it, that makes them against bitcoin.
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junoreactor
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November 21, 2017, 12:59:25 AM |
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He is legal only in Japan. The rest of the countries are not very positive about it
Hi Katabiamorambe. Please inform yourself before posting this. In a lot of countries, Bitcoin has no official status but is not declared illegal, and more and more countries are Bitcoin friendly (see South Korea, Singapore, Australia). What wikipedia says > https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory |
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fiulpro
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November 21, 2017, 01:10:29 AM |
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Yes it is in some countries because ... Well more or so bitcoins are causing problems for government in some countries..its.. really something that one can't ignore.. 90% ICO'S are fake and a scam..
People are using bitcoins for illegal purposes now.. for trading cocaine and other drugs..
People are.. Hiding their assets to.. get saved from taxes in countries where bitcoins are.. Not..taxable.
Considering all these things.. bitcoins is banned in many countries and its not something new.. and its usage is illegal..
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Pinkris128
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November 21, 2017, 01:13:04 AM |
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the use of the cryptocurrency is illegal in some countries and punishable special at MOROCCO (North Africa)
Yes indeed there are some countries in the world that bitcoin and other cryptocurrencies are banned or illegal. It depends to the government of a certain country because they have the power to ban or legalize bitcoin in their country. But for me, if a country doesnt ban bitcoin, it will help their economy to grow and develop more. |
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Fujiati
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November 21, 2017, 01:29:43 AM |
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the use of the cryptocurrency is illegal in some countries and punishable special at MOROCCO (North Africa)
in this world there are countries that legalize bitcoin and some are baned bitcoin, all depend on the government in the country, the presence of bitcoin would have a negative impact and positive impact |
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aray80
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November 21, 2017, 01:46:15 AM |
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Possible Government has not found the good things of Bitcoin to be the legal means of pay ment in those Countries...
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Janation
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November 21, 2017, 02:00:49 AM |
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I think you need to reconstruct your post because it is misleading, countries is not banned by other countries because they can't go to that country, maybe it is the people you are talking about? or bitcoin. Please clear it out. the use of the cryptocurrency is illegal in some countries and punishable special at MOROCCO (North Africa)
There is a lot of countries that banned bitcoin and obviously if it is banned you are punished for using it. Still there are some people who uses bitcoin despite of being banned to their country. I don't know the reason they banned bitcoin but I know for some reason that they do not want crypto currency circulating into their country. We can't do something to this matter, bitcoin is not a currency that will bring down economy but it also helps, I do not know why do they need to ban this currency because this is really helping people and the country. |
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Kaller
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November 21, 2017, 02:08:24 AM |
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Yes bitcoin can be deemed illegal by whatever nation or state but that is there choice and it is not a good one. The reason for that is because they are segregating themselves from the rest of the world. BTC can be used all over the world and if you try and make people scared of it or regulate it and tax it then people aren't going to want to build anything there. People can still get away with using it though, that doesn't matter.
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ZenaXF
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November 21, 2017, 02:14:31 AM |
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Yes, in China, for example, bitcoin is illegal.  |
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