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Author Topic: First Time in Bangladesh  (Read 341 times)
iamaruf
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November 03, 2019, 05:16:34 PM
 #61

This ia nothing beneficial to the bitcoin. Using blockchain technology has nothing to do with bitcoin. Blockchain is just a technology. Many banks or others will use it sooner or later but legalism of bitcoin is something else. I don't know much about the cryptocurrency laws on bitcoin, but in general, it seems suncontinental people are having worse time with bitcoin.
Exactly. I was going to ask if he's referring to use of the technology (Blockchain) or the use of crypto (Bitcoin). Banks will definitely adopt this technology. Some are currently working on their blockchain. Eventually one way or the other they will definitely adopt the use of bitcoin and other cryptocurrency.
In this article they talked about cryptography. Maybe there is high possibility to accept bitcoin. If you read this article you will find it.hope bitcoin will be accepted soon and maybe they are going to create own currency.     

 
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November 08, 2019, 07:08:01 PM
 #62

I just saw a news that yesterday  Brac Bank Talking  about blockchain technology and they also working to legal blockchain technology.Maybe this is the first time any Bank in Bangladesh talking about blockchain.Though few months ago Bangladeshi PM told that blockchain technology will be legal soon.Now just waiting for confirmation that bitcoin (blockchain) is accepted.Because we faced many problem to use btc,even few people arrested.also in 2018 one people scammed me 4-5.5K$ worth of crypto currency.who live in Bangladesh. Even he scammed maybe more than 300k$ from 20-30 peoples.Though i have all kind of proof but i didn’t take any steps because crypto is illegal.I didn't take any steps.because police can arrest me for using bitcoin.

News source:  https://www.thedailystar.net/business/news/pri-brac-bank-workshop-focuses-blockchain-sme-1819279?amp

BTC is an open secret in Bangladesh. people are trading,buy-selling openly in Bangladesh. Many sellers used crypto to their main payment method. Our Pm told that crypto will be legal soon. But don't forget we live in a country called Bangladesh. Anything can happen in this country. After PM announced it will take minimum 5 years to legal BTC.
And cyber police caught many crypto users this new is rubbish. The real news is cyber police arrested only scammers after complaining about scams.
But we always pray that Bangladesh will announce legalcy of BTC soon.
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November 08, 2019, 10:10:37 PM
 #63

not just in your country like that, in my country and in other countries there may also be. because bitcoin and the government are difficult to find harmony, and I think it is difficult to make bitcoin legal under current conditions, which is where bitcoin is used for many criminal transactions ......

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November 09, 2019, 12:38:32 AM
 #64

not just in your country like that, in my country and in other countries there may also be. because bitcoin and the government are difficult to find harmony, and I think it is difficult to make bitcoin legal under current conditions, which is where bitcoin is used for many criminal transactions ......

basically bitcoin and other cryptocurrencies just need to be transparent in their transactions especially in building relationships with the government. In our country, bitcoin and other crypto are legal, the reason is that we are responsibly utilizing bitcoin and other cryptocurrencies to make efficient transactions. We openly discuss the advantages and disadvantages of it so we can work things out with the government. Most of the time, what we just need is to become a good member of the community, obey rules and regulations that the government is promoting, so in the latter time, if we want to propose a technology, they will surely put their time and trust to it.

 
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November 09, 2019, 03:41:49 PM
 #65

not just in your country like that, in my country and in other countries there may also be. because bitcoin and the government are difficult to find harmony, and I think it is difficult to make bitcoin legal under current conditions, which is where bitcoin is used for many criminal transactions ......

basically bitcoin and other cryptocurrencies just need to be transparent in their transactions especially in building relationships with the government. In our country, bitcoin and other crypto are legal, the reason is that we are responsibly utilizing bitcoin and other cryptocurrencies to make efficient transactions. We openly discuss the advantages and disadvantages of it so we can work things out with the government. Most of the time, what we just need is to become a good member of the community, obey rules and regulations that the government is promoting, so in the latter time, if we want to propose a technology, they will surely put their time and trust to it.

Actually, Bitcoin has been transparent, here in our country, the adoption is getting brighter and brighter, we even have here government official who is going to launch his own coin, it means, our government are seeing the potential of crypto here in our country. Let us be patient if our country is not yet ready to adopt this changes, let's give them time to do their part to make study about it as this is their obligation to protect their citizens and how they are going to regulate it. Be patient and it will be worth it, just like we have right now.

 
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November 09, 2019, 04:22:54 PM
 #66

not just in your country like that, in my country and in other countries there may also be. because bitcoin and the government are difficult to find harmony, and I think it is difficult to make bitcoin legal under current conditions, which is where bitcoin is used for many criminal transactions ......

basically bitcoin and other cryptocurrencies just need to be transparent in their transactions especially in building relationships with the government. In our country, bitcoin and other crypto are legal, the reason is that we are responsibly utilizing bitcoin and other cryptocurrencies to make efficient transactions. We openly discuss the advantages and disadvantages of it so we can work things out with the government. Most of the time, what we just need is to become a good member of the community, obey rules and regulations that the government is promoting, so in the latter time, if we want to propose a technology, they will surely put their time and trust to it.

Actually, Bitcoin has been transparent, here in our country, the adoption is getting brighter and brighter, we even have here government official who is going to launch his own coin, it means, our government are seeing the potential of crypto here in our country. Let us be patient if our country is not yet ready to adopt this changes, let's give them time to do their part to make study about it as this is their obligation to protect their citizens and how they are going to regulate it. Be patient and it will be worth it, just like we have right now.

Yes there are various aspects which a country would think before accepting or adopting bitcoin due to their own internal security and policies wherein we cannot rush or blame them. One thing which we have noticed this year is that more countries have shown interest in crypto this year and again I don't think all of them will for for crypto rather they will have their own centralized digital currency.

 
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November 09, 2019, 04:30:02 PM
 #67

not just in your country like that, in my country and in other countries there may also be. because bitcoin and the government are difficult to find harmony, and I think it is difficult to make bitcoin legal under current conditions, which is where bitcoin is used for many criminal transactions ......
This is the reasons why government are still in doubt on accepting bitcoin and make it legal, they can’t control it and it will be hard to monitor your transactions. Many countries are now accepting bitcoin and support blockchain, but most of the developing country are still not doing any action to secure at least a good technology. One day, Bangladesh will support bitcoin, and I’m confident it will happen.

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