Some Countries Do not Use Bitcoin as a Legitimate Transaction Tool

in #bitcoin7 years ago (edited)

Reading is a hobby of mine to succeed. Sorry before i have copy paste have people do not need references. Today I read a bit about bitcoin received and which is rejected in the countries of the world. There are some countries that resist bitcoin can be used to make transactions such as the country's currency. There are some countries that reject bitcoin as a currency that can buy any goods, these countries that I quote from the media Kompas.com.

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Photo bya ALAMY
The value of Bitcoin surged at the beginning of 2017

Cheap bit price is cheap. No wonder if there is a dub this year 2017 as follows kriptocurrency. However, in the midst of rising & apos; prestige & quot; bitcoin, arises a million doubts about this digital currency both in terms of security.

The price of digital goods such as bitcoin as a means of payment and legitimate transactions. Here's a list of countries that use digital currencies such as bitcoin as a valid payment and transaction tool:

  1. Nigeria, since 17 January 2017.

  2. China, since January 8, 2017. Reason: will issue its own digital currency.

  3. Colombia, since 31 December 2016. Reason: worry of cryptocurrency fraud.

  4. Taiwan, since November 3, 2015. Reason: bitcoin hacking.

  5. Ecuador, since March 24, 2015. Reason: will issue its own currency.

  6. Bangladesh, since 22 September 2014. Reason: avoid money laundering money.

  7. Kyrgyzstan, since August 4, 2014

  8. Bolivia, since 19 June 2014

  9. Vietnam, since February 28, 2014. Reason: can be used for crime and high risk to investors.

  10. Russia, since February 9, 2014. Reason: bitcoin is used for illegal activities.

  11. Thailand, since July 30, 2013. Bitcoin is not a currency.

  12. Morocco, since November 2017

  13. South Korea, since December 13, 2017. Reason: to control its finances.

  14. Singapore, since 29 September 2017. Reason: there is hostility between financial companies.

  15. Nepal, since 2017

  16. Indonesia, ban applies 2018. Reason: high-risk natural bubbles.

  17. Israel, starting 2018.

Based on data compiled by Kompas.com, there are various reasons from these countries that take advantage of digital currency, especially. The main reason is to resonate those countries with the volatility and uncertainty of digital currencies. In addition, as quoted from bitcoinbans.com, another reason is the fear if the digital currency is used as a payer for terrorism.

Countries like China are also reasoned, the platform of other digital currencies will be its own currency. The strict rule of the state diphtheria also made many digital currency enthusiasts who had to go to jail for being illegal, as in Nepal and Bangladesh.

If you look at Japan, the predicted country is still the top five strong economies in the world until 2032 by the Center for Economic and Business Research (CEBR) based in London, England, the country chose to reconcile with technology.

Instead of limits, Japan embraced technology by providing high protection to its citizens who use digital currencies to transact. Thus Japanese citizens have. Perhaps the way that this Japanese can be imitated. Therefore, the possibility of the state will not be able to develop until the future developments.

Source News Kompas.com Newspaper "
http://amp.kompas.com/ekonomi/read/2017/12/27/070000226/daftar-negara-yang-melarang-the-use-of-money-of-digital-like-bitcoin

How do the opinions of friends in the development bitcoin. I do not think there is a problem for the principle that does not use bad things.

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very good information, with this I can extra science with bitcoin,
now i follow you. Thanks

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Thank you friend ...? I will login to see your post. I have followed you

Awesome, thanks for the information. @suheri

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Perhaps are u on whatsapp or facebook?

why would you ask a question ..? is there something important ..?

Fb : suheriunimal@yahoo.co.id

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