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Author Topic: Bitcoin Foundation's first Asian affiliate crushed!  (Read 2534 times)
BTCIndia
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September 16, 2014, 05:08:19 AM
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Bangladesh much hyped by Bitcoin Foundation as first affiliate in Asia is crushed by its central bank. How is Bitcoin foundation planning to  back those limited enthusiast/network(er)/publicity agents?

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http://www.telegraph.co.uk/finance/currency/11097208/Why-Bangladesh-will-jail-Bitcoin-traders.html

He's Nick Sazbo from Washington. I've my answer. Or Hal? :O
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The Bitcoin Co-op
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September 16, 2014, 06:06:01 AM
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Bangladesh much hyped by Bitcoin Foundation as first affiliate in Asia is crushed by its central bank. How is Bitcoin foundation planning to  back those limited enthusiast/network(er)/publicity agents?

 Grin

http://www.telegraph.co.uk/finance/currency/11097208/Why-Bangladesh-will-jail-Bitcoin-traders.html

If they banned Bitcoin in Canada, the Co-op would keep doing what we're doing until literally forced to stop. I don't think the Foundation's Bangladeshi affiliate can be counted out, either. You can get away with a surprising number of things in South Asia if you have more money than the local police, which most bitcoiners do.

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September 16, 2014, 06:13:38 AM
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 Bitcoin Foundation, what had it done from inception to the present?

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September 16, 2014, 06:26:18 AM
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There's another thread opened on this subject: https://bitcointalk.org/index.php?topic=783949.0
Quoting the same article.

BTCIndia
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September 16, 2014, 01:23:29 PM
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Bitcoin Foundation, what had it done from inception to the present?

Its not what they've done so far. Question is- what they plan to do now? How are they going to help affiliate?

Believe it or not! Bitcoin Foundation is representative of Bitcoin. Not to us, but to general public. Okay?


He's Nick Sazbo from Washington. I've my answer. Or Hal? :O
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September 16, 2014, 01:34:07 PM
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Maybe Bitcoin's benefits over traditional currencies never come into the spotlight... The only things ever getting the spotlight are the bad parts of Bitcoin.

givemoney.to/avrecea
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September 17, 2014, 01:17:14 PM
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On the plus side their tech laws can a mess and many ignore them from what Ive heard.
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September 17, 2014, 02:00:19 PM
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This is how you protect the consumers.
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September 17, 2014, 02:16:11 PM
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Bitcoin Foundation, what had it done from inception to the present?

Its not what they've done so far. Question is- what they plan to do now? How are they going to help affiliate?

Believe it or not! Bitcoin Foundation is representative of Bitcoin. Not to us, but to general public. Okay?



Unfortunately not everyone lives in a free place. I know it is being looked at, but options inside of Bangladesh may be quite limited. It's not like the foundations have any leverage over the government there. Hopefully they will see other countries benefiting from bitcoin and change their mind.
As far as what the foundation does, this might help. https://bitcoinfoundation.org/

There are far too many efforts to go into here.

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf

Free bitcoin in AFRICA - https://bitcointalk.org/index.php?topic=2710325.msg27720734
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September 17, 2014, 02:22:18 PM
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Just because something's illegal doesn't make an organization trying to further its cause is illegal as they aren't necessarily engaging in illegal activities. In most places where piracy is illegal, Pirate Parties are still tolerated. -And the same goes for Gay Rights organizations or certain drug decriminalization organizations. ... Assuming Bangladesh isn't banning pro-crypto speech and associations - I don't know too much about how they operate...
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September 21, 2014, 06:54:36 PM
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How is this anything but bad news for Bitcoin? Or do you seriously believe the majority of normal law abiding citizens would be willing to risk 12 years in jail under money laundering charges just so they could use Bitcoin?
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September 22, 2014, 05:53:17 AM
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xapo's bitcoin debit card user not affected  Tongue
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