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Author Topic: Bitcoin is now banned in JAMAICA  (Read 759 times)
Hobo66
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February 06, 2018, 12:55:45 AM
Merited by pcfli (1)
 #1

Bitcoin is getting banned in jamaica heard recent news
about this ban, stated by the Bank Of Jamaica avoiding this virtual
currency called bitcoin. if you have anymore news leave in post below.
👍 respect. Smiley

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February 06, 2018, 01:01:44 AM
Merited by pawel7777 (1), Rinsend (1)
 #2

11 times out of 10 a central bank 'banning' Bitcoin truly means 'please be careful. We're not going to cover your arses' when people can be bothered to read the 2-3 actual sentences what they wrote. And rightly so. It's not their problem. I'll wait to be proven wrong. It's what almost every other central bank has done.

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February 06, 2018, 01:33:07 AM
 #3

Bitcoin is getting banned in jamaica heard recent news
about this ban, stated by the Bank Of Jamaica avoiding this virtual
currency called bitcoin. if you have anymore news leave in post below.
👍 respect. Smiley

Another source of information that I used to refer is this

https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

Some peole just use fake news or FUDs so they can buy cheaper
price. But the current trend get's cheaper and cheaper. It's difficult
to prove the original reason though. Anyway, the people I know who
still hodling bitcoin does not anymore care with the news.
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February 06, 2018, 06:58:03 PM
Merited by pcfli (1)
 #4

11 times out of 10 a central bank 'banning' Bitcoin truly means 'please be careful. We're not going to cover your arses' when people can be bothered to read the 2-3 actual sentences what they wrote. And rightly so. It's not their problem. I'll wait to be proven wrong. It's what almost every other central bank has done.
this may indicate that although bitcoin banned by some central banks.
but this will not close access for us to keep using bitcoin.
and for that there is no need to worry about bitcoin banned that is almost very risky happen in some world banks.
a little bit of a concern even though I'm sure bitcoin will never die

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February 06, 2018, 07:01:41 PM
 #5

central banks are always agains bitcoin and crypto .i dont feel worry about this news.bitcoin is one and only.

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February 06, 2018, 07:07:43 PM
 #6

11 times out of 10 a central bank 'banning' Bitcoin truly means 'please be careful. We're not going to cover your arses' when people can be bothered to read the 2-3 actual sentences what they wrote. And rightly so. It's not their problem. I'll wait to be proven wrong. It's what almost every other central bank has done.

Exactly so many news about countries banning bitcoin is just false.



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w5pn73
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February 06, 2018, 07:22:34 PM
Merited by pcfli (1)
 #7

Probably fake news, but who cares it's jamaica this isn't going to matter anyway. And in the long run they will cry when they see the big countries are actually adopting.
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February 06, 2018, 07:25:27 PM
 #8

Who cares
spadormie
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February 06, 2018, 07:30:26 PM
 #9

Bitcoin is getting banned in jamaica heard recent news
about this ban, stated by the Bank Of Jamaica avoiding this virtual
currency called bitcoin. if you have anymore news leave in post below.
👍 respect. Smiley
I don't think this thing makes sense. Does Jamaica count? I mean it is not a big country, but banning of bitcoin only affects big countries such as China, USA and Korea. In which in those country, FUD has risen.


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TheySeeMeHodlingTheyHatin
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February 06, 2018, 07:35:23 PM
 #10

OH NO !!!

what are we gonna do now Huh
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February 06, 2018, 07:43:47 PM
 #11

Bitcoin is getting banned in jamaica heard recent news
...

Care to share your source(s)? Google brings me nothing. You didn't make this up, did you?

Back in August Bank of Jamaica seemed rather positive about cryptocurrencies, so I find it hard to believe.

11 times out of 10 a central bank 'banning' Bitcoin truly means 'please be careful. We're not going to cover your arses' when people can be bothered to read the 2-3 actual sentences what they wrote...

"[insert Country] BANS BITCOIN!" generates more clicks + people like to simplify things.

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February 06, 2018, 07:48:46 PM
 #12

Bitcoin is getting banned in jamaica heard recent news
about this ban, stated by the Bank Of Jamaica avoiding this virtual
currency called bitcoin. if you have anymore news leave in post below.
👍 respect. Smiley

Can you share the official news regarding this Ban? Lots of My Jamaican Friends dont know about it surprisingly
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February 06, 2018, 07:50:45 PM
 #13

not of my interest about Jamaica, it's just a drop in the ocean
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February 06, 2018, 07:51:56 PM
 #14

That is very shocking! Please share your sources because I haven't heard any news on this ban If the ban is true we are in for an uphill battle friends.
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February 06, 2018, 08:00:41 PM
 #15

Here is a complete list of countries where the use of Bitcoin as currency for individual persons is illegal:

Algeria
Bolivia
Ecuador
Kyrgyzstan
Bangladesh
Nepal
Cambodia
Indonesia

and now.. maybe Jamaica


Yeah....


The ONLY significant country with a really negative legal stance today is China. And there is nothing illegal about possessing, buying or using Bitcoin for private persons - as of today only firms are prohibited from interacting with Cryptocurrency.
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February 06, 2018, 08:05:59 PM
 #16

I didn't hear anything. Where does this information come from? I think it's just a lie
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February 06, 2018, 08:06:53 PM
 #17

That is very shocking! Please share your sources because I haven't heard any news on this ban If the ban is true we are in for an uphill battle friends.

The only source is the OP's anus. As ever it's complete bollocks misinterpreted by a pinhead with the reading comprehension of a kitten after a stroke.

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February 06, 2018, 08:09:31 PM
 #18

Going to Jamaica in 2 months - I will have some BTC on my iPhone wallet, I wonder if they'll let me in  Grin
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February 06, 2018, 08:11:45 PM
 #19

Going to Jamaica in 2 months - I will have some BTC on my iPhone wallet, I wonder if they'll let me in  Grin

Looks like you will be in trouble Wink

In all seriousness, the banning talk is more media driven then anything else. The word ban is more of a clickbait then "regulators are looking into managing" type of things.
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February 06, 2018, 08:13:55 PM
 #20

11 times out of 10 a central bank 'banning' Bitcoin truly means 'please be careful. We're not going to cover your arses' when people can be bothered to read the 2-3 actual sentences what they wrote. And rightly so. It's not their problem. I'll wait to be proven wrong. It's what almost every other central bank has done.

You just hit it spot on. Sometimes ago when there was proliferation of ponzi scheme in the country there were several bans by all of the regulatory bodies that have to do with finance but still they were unable to stop any of such movement of money since they can't stop.people from sending money to each other. All of the bans were just for them to say "we are aware of what is going on" and invest at your own risk and eventually when all of the ponzi crashed, no one could hold government or its agencies responsible the same thing going down here.

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