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Author Topic: Your Country and Cryptos  (Read 5277 times)
lenini
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June 12, 2018, 06:42:57 AM
 #521

My country views bitcoin as a monetary surrogate, which does not have a real value. Hence the impossibility of using bitcoin by individuals and legal entities on the territory of the country as a means of payment. This is the official position, and so in the cities there are machines for the exchange of bitcoins, all private transactions, if you want, can be done in any cryptocurrency.
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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zbaharudin
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June 12, 2018, 06:47:39 AM
 #522

Maybe your country is very open on this technology. Our country even forbids buying and selling using Bitcoin, or any crypto.
But I do think that anyway we will need a third party someday, even in cryptocurrency.
Pitparker
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June 12, 2018, 07:00:23 AM
 #523

In my country not so much is interested in crypto. Because it's crypto is still gray in my country, so many people are still affraid and thinking again to join the crypto. So far there has been no significant increase
zacad
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June 12, 2018, 12:24:59 PM
 #524

Your country’s policy is still very good, at least it does not prevent you from trading, and they can fight against fake ICOs. This is a very good thing. The area where I live is terrible. Nobody pays attention to the token market here!

dididou
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June 12, 2018, 12:32:38 PM
 #525

I believe you should be happy to be born in this country! Many countries’ policies have been suppressing the growth of cryptocurrencies. I believe many of them are so, because they affect the interests of certain people and the development of the banking industry. This is a kind of prejudice. I don’t understand cryptocurrencies and I’m very hopeful. Our country has opened this channel to correctly understand and apply blockchain technology.
aldrin6697
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June 12, 2018, 12:36:33 PM
 #526

Philippines is one of those few population who believed in crpto it is still under consideration of our government but still people here make money through crypto i hope someday the rest of the world will also allow.
fiderr95
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June 12, 2018, 12:43:04 PM
 #527

In my country, crypto-currencies have just started to legalize. There is no news in the news about crypto-currencies. But on sites and forums you can see a couple of them. But most people do not even guess that it is possible to easily earn money on a crypto currency.
lkcoindaddy
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June 12, 2018, 12:58:16 PM
 #528

Too bad, my hundred-million-people country is just newbie in terms of awareness level, and yes crypto are collectively known as bitcoin. In my province, I doubt if there are a hundred who knows crypto.
There are times I see news about crypto on mainstream news channel but they are mainly about negative issues - ponzis, scams and the like. But I still treat it as a way to publicize crypto.
jorj_pay_UZ
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June 12, 2018, 09:29:19 PM
 #529

In my country, they decided to impose taxes on miners and people trading in cryptocurrencies. But we have not developed a single mechanism to do this  Roll Eyes They say that the person himself must submit an income Declaration and voluntarily pay taxes. There is no penalty for non-payment. Who in their right mind would pay taxes if they didn't? Grin

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coinholic
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June 12, 2018, 09:50:16 PM
 #530

I'm curious, how big are cryptos in your country? Are they still collectively referred to as bitcoin, or do news reports and local media actually dive into their merit and the difference between coins, projects, companies etc. I'm from Canada and most of the current news is wavering between reports of malware installing mining agents and the Canadian Security Exchange cracking down on ICO sales.
Collectively known as Bitcoin? Yes! Quite funny, but in our country cryptocurrencies are commonly and generally known as Bitcoin. Just like with toothpaste, people here would refer to it as Colgate even if they meant another brand! That's why it's called popularity I guess. Anyways, despite of all the controversies concerning crypto, our government has not made any strong statement or legal actions against it. Setting regulations may be up and coming, but since our Central Bank supports it, we really have nothing to worry about as of this moment.

tiga huruf
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June 12, 2018, 10:29:20 PM
 #531

I'm curious, how big are cryptos in your country? Are they still collectively referred to as bitcoin, or do news reports and local media actually dive into their merit and the difference between coins, projects, companies etc. I'm from Canada and most of the current news is wavering between reports of malware installing mining agents and the Canadian Security Exchange cracking down on ICO sales.
Your country's appreciation of crypto is great. different from my country that has not legalized bitcoin and other cryptocurrency. my country still thinks cryptocurrencies are negative because many cases of illegal goods transactions use cryptocurrency.
Iyanuisaiah
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June 12, 2018, 10:37:51 PM
 #532

Many countries behave almost identically in relation to cryptocurrencies. First, they try to ban, then they try to regulate, and as a result they create their own national cryptocurrencies. As for me, this is just a news throw, which they do to manipulate the market. Yet understand that cryptocurrency is no longer the future, but the present! And this technology every day is increasingly being implemented in various fields of activity. So we're on the right track!
bennysax
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June 12, 2018, 10:48:43 PM
 #533

I'm a Nigerian. Crypto is been seriously embraced here in Nigeria by the average Nigerians who are hustling to make hands meet even though Nigerian government have tried to all they can to discourage Nigerians from investing in it. The more they discourage the people, the more we embrace crypto. Crypto all the way!
jackjones53
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June 12, 2018, 11:55:15 PM
 #534

In I can say that I was lucky, because there are no limits to crypto currency! I can trade on the exchange, invest in ICO projects and this happens without income tax! In my opinion this is a great time to make money!
banhtrnag9999
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June 13, 2018, 10:56:30 AM
 #535

Everyone in my country only knows Bitcoin's name.They saw  Bitcoin's name is in the news. Everyone is afraid to enter the crypto market  because not know anything
setancredit3
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June 13, 2018, 11:03:53 AM
 #536

In my country, the Crypto currency is just beginning to be popular right now, but my country does not accept the presence of Bitcoin, as far as I know, ICO is being set up to set up terminals for exchange and purchase of crypto currency, as well as many politicians who redeem in large volumes of currency Crypto And this is already a small step to use more crypto-currency for the future.
recidivist228
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June 13, 2018, 11:10:09 AM
 #537

Thanks to the opening of the office and the bank account in Malta, crypto-exchange Binion plans to start trading for Fiat and the first currency, which promises to add even before the end of 2018 will be the euro.
It was also announced the addition of other fiat currencies, but there are no details yet.

In general, how quickly Binance became the stock exchange number 1, of course it's impressive.

BNB tokens also reached historic highs.
By the way, I can not help wondering how it is convenient for business to attract money using crypto currency. They released tokens, no obligations to investors, no profit, just develop a business, and people will happily buy tokens in the hope of further price growth. And if something went wrong, and the price will collapse, again - no problems, obligations and reports. I do not think that this situation will last forever, but, for now, the issuers of the stock market bite their elbows with envy.
Et Hereum
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June 13, 2018, 03:02:47 PM
 #538

The crypto money world is having lively days. At the moment our country has not legalized it, but it will certainly regulate it in the future. The crypt will know all yesterday in the future.
pujumba
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June 13, 2018, 06:53:21 PM
 #539

It seems in the united states that most people are just interested in collecting Bitcoin and Ethereum right now. Not many people are paying attention to all of the altcoins due to SEC regulations coming.

eugenefonts
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June 14, 2018, 07:00:33 AM
 #540

I'm curious, how big are cryptos in your country? Are they still collectively referred to as bitcoin, or do news reports and local media actually dive into their merit and the difference between coins, projects, companies etc. I'm from Canada and most of the current news is wavering between reports of malware installing mining agents and the Canadian Security Exchange cracking down on ICO sales.

Im from the Philippines, crypto its not very popular here yet, but everyday its growing. But one big news in our country is one bank is planning to use crypto especially ETHEREUM. They are planning to use it at remitance center every where in the philippines and this is a very nice step to get aware of filipinos that, there is called thing blockchain  and cryptocurrency . There is bad news also that our media release that we should be careful because BITCOIN is scam and many scamers are using the crypto to take advantage the newbie of crypto.
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