Bangladesh Government Comparing Gaming with Gambling and Cryptocurrency

[STT]

This is the behaviour that lends a premium to crypto and those already as holders within BTC because freedom is not free within many countries of the world.   I can sympathise with the logical process of Bangladesh government so long as they mean to go down the road of a communist era type authoritarian rule over its people deciding which is left and which is right and how every action should be, like a puppet they would like the define the world for their people perhaps.   Its a horrible way to run a country and the whole nation will be poorer struggling to react in any natural process but it wont the first or last time its attempted if that is what they mean to do.

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[imstillthebest]

they think that video games are simillar to gambling sites because both are addictive and people usually spend thier money to buy games from those said platforms and the games were expensive too on those sources but still its ours  money not them  .

you can transfer on other bank , not all banks will have a rule like that but check thier rules first and try the banks that are less strict .

[Salauddin1994]

The reason the Bangladesh government compares gaming to gambling and cryptocurrency is that gaming games are very expensive and in many countries they are considered illegal. No one can play them independently due to lack of legitimacy and the government does not get any money from now on. It has nothing to do with the bank so the government compares it to crypto. Although expensive everyone is willing to play as they please.

[semobo]

Games are created with the intention of making people get addicted to it then only they can make money out of it and most of the modern day games are making profits from in app purchases which maybe against in some country that is why they banned gaming along with gambling.Pick the leader who is enough to understand what it is really meant for if you want to enjoy it.

[Yatsan]

That was pretty odd to think that you can no longer use cashless transactions through your debit/credit cards to purchase video games online just because your government was thinking that such games found to be purchased online are accused to be crypto or gambling games. Beforehand, they must inform the public about such thing before doing the blocking of cashless transactions on purchasing video games online for many people specifically gamers are depending on cashless transactions specially at times like this that gaming stores are temporarily closed for they are located at malls and only essential stores intended for basic needs are operational.

They must have learn about differentiating crypto/gambling games from the typical video games because some video games or mostly can be bought or purchased online and such purchase is in need of money which basically cannot be considered as gambling because it is a payment for transactions and not a bet to be able to play the game. Before doing such thing they must have first clearly classified or distinct the different between crypto/gambling games and video games because many are entertaining themselves this quarantine through playing games to make themselves busy and to lessen the boredom brought by the lockdown.

[pixie85]

Games are created with the intention of making people get addicted to it then only they can make money out of it and most of the modern day games are making profits from in app purchases which maybe against in some country that is why they banned gaming along with gambling.Pick the leader who is enough to understand what it is really meant for if you want to enjoy it.

It should be the choice of the user if he wants to get addicted to a game or not. Subscription-based games like WoW or Eve can be addictive but they can also be the source of entertainment and even allow people to meet new friends and build relations.

You can never stop people from becoming addicts. If they won't fall victim to computer games, casinos, oinline trading, they will become alcoholics or something else. This is pointless.

[peterpanda]

I am sure that this country is lacking cryptocurrency regulation and that its people are vulnerable to losing money investing in the cryptocurrency market. Just like in my own country, a lot of people have filed complaints against scam crypto projects over the past year. They have lost a lot of money and they don't know how to get their money back by going to court but in the end, they still can't get their money because the law in our country doesn't have specific regulations yet. crypto.

Your idea is correct that most of the people of BD are not well known about crypto currency and gambling. People of BD are losing money on these and that's why government is not accepting crypto currency and gambling.

[thesmallgod]

The government through the central bank needs a financial analyst to explain to them in detail what this is. I am very sure they are trying to de-associate their financial system from any services that can indirectly be used with crypto. Here in my country, you cannot even use debit cards to buy anything from site that is international. They regulated international services that can be accessed through the card.

[btc_angela]

The government through the central bank needs a financial analyst to explain to them in detail what this is. I am very sure they are trying to de-associate their financial system from any services that can indirectly be used with crypto. Here in my country, you cannot even use debit cards to buy anything from site that is international. They regulated international services that can be accessed through the card.

You mean to get a independent third party to help explain in detail what crypto is? I doubt that they will listen though, its seems that Bangladesh government has already close their minds and shutting everything crypto related so I don't think this will work. It's just hard for us if our government does not support the growth and don't realised the potentials that they gain in this will just open their eyes and look for the benefits instead of shunning it.

[goldade]

The bank's policy prohibits the use of credit cards for crypto use. This is bad for the crypto world. At this stage of crypto growth, policies like this inhibit mass adoption which is very much needed for crypto.
It is expedient that the government of this country realizes the importance of crypto and make amendments to policies like this

[iv4n]

The bank's policy prohibits the use of credit cards for crypto use. This is bad for the crypto world. At this stage of crypto growth, policies like this inhibit mass adoption which is very much needed for crypto.
It is expedient that the government of this country realizes the importance of crypto and make amendments to policies like this

It's not that bad, they just closed one door, there're many other doors to be used. People will find another way to buy and cash out, just with bank it's much easier of course, it's why we still use them.
Banks have their own rules, and banks make mistakes. I can't say what's the problem here, OP should go to the bank and clear things, it's why I do when I have a problem with them, and I had problems with banks, liek each of us had at least once probably. It can be a mistake by some employe, it can be anything stupid, and if it is it will be solved, but if the bank have a new rule than it's on you to still use them or to simply find another bank that suits your needs.

[pragna]

Bangladesh Bank just blocked credit, debit and prepaid card purchase / transaction on various video game websites like Steam, Origin, Blizzard and many other third party video games website. According to them, this order came from Bangladesh Bank itself because they think these sites are gambling / cryptocurrency websites LOOOOL. What kind of fucktards are running this country who can't distinguish video game websites from gambling websites ??

Those of us who have credit, debit, prepaid cards originated in Bangladesh, we're basically fucked. Today I tried to buy a game from steam and saw my card isn't working.

#Digital_Bangladesh

This is the mail I got from my bank today.

This is totally funny matter to me actually. . I think Bangladesh governments IT sector people or policy maker men could not understand what they are doing or going to do. Many govt banned crypto currency but they did not banned debit or credit card to buy games. Yes there are some gaming sites who accepting BTC but how they connect debit or credit card that are not really realizable to me. Actually as cryptocurrency is illegal to Bangladesh so nobody saying about it because people thinking if they say anything about it police or crime unit will capt them. I think it will needed more time for Bangladesh govt or central bank.

thanks.

[el kaka22]

I feel like the overreaction from some backwards country is not really that shocking. Bangladesh is not a place that you imagine when you imagine a beautiful country, I can name probably 100 other countries that I would rather be in before I name Bangladesh, but that is what happens when you have an ignorant public plurality with crooked politicians who want to make sure that they have the control by basically ignoring all the human rights and sensible and logical movements.

So, I would say the best case right now for Bangladesh would be to leave the nation, go away somewhere else if you have a slight brain, there is no reason to really stay in a nation just because you were born there, if you were born in a horrible place, just run away, I am sure you can find at least one place you can work and live.

[Cratoon]

It's a shame that some governments take issue with someone's own money management