Bangladesh's official position around cryptocurrency ..what you think

[nahidfresh99 465]

Since Bangladesh's use of Bitcoin has been banned, the central bank of Bangladesh has not yet reported anything in this regard. As of 2014, the central bank stated that bitcoin is not a legitimate IT tender of any country. we Can't understand.

And I think other coins, including Bitcoin in Bangladesh, should be validated

[Angelina 64]

My friend you are absolutely right I am a Bangladeshi I do not understand why Bitcoin is illegal in Bangladesh??
Many young people in Bangladesh are interested in working with Bitcoin.

Again some time ago I saw some policemen of Bangladesh catching them working with Bitcoin but for working with Bitcoin there is blame.

[alexisfuentes 2130]

On 11/16/2019 at 4:42 AM, nahidfresh99 said:

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It is ugly that politicians do not understand the advantages of adopting cryptocurrencies. It important that you verify that penalties may result in having bitcoin.

 

[sportlopez9000 232]

I don't support it. But I don't think it's as big as some other countries who say no to bitcoin. For example those who don't like bitcoin: China, Russia, Vietnam. Those three all have very negative view because people want to move money out of those countries. If there is a dictator then he is not bitcoin friendly usually.

[lcm 172]

Those countries banning crypto are just poor minded governments, they haven't realized the power of crypto, and they may know it but prefer to ban for their own interests!

[Jimmy 437]

I heard some news and previous discussion that some country like india and bangladesh was banning cryptocurrency like Bitcoin and that was bad news, I just hope bangladesh governemnt can change the rules and see how strog technology that behind bitcoin and get benefit from there.

[Afrizal rahman 2636]

Yes maybe right. in Bangladesh bitcoin is illegal. it's possible they forbid because there are certain elements. Bangladesh police have even arrested bitcoin users, maybe they are using it for something negative.

[BitMart 326]

Right now Bangladesh is doing very good in technology and progress but main problem is establishment they don't want to give good relief so they are not doing any thing about bitcoin and cryptocurrencies they have to think about this before too late this can create thousands of jobs in IT which is very helpful for economy.

[Emma 611]

On 11/16/2019 at 2:42 PM, nahidfresh99 said:

Since Bangladesh's use of Bitcoin has been banned, the central bank of Bangladesh has not yet reported anything in this regard. As of 2014, the central bank stated that bitcoin is not a legitimate IT tender of any country. we Can't understand.

And I think other coins, including Bitcoin in Bangladesh, should be validated

I am also from.Bangladesh. In my opinion, our Govt. think people can easily lose a lot of money here which will impact on main economical balance.

[pakjobhelp 1585]

This is great logic behind of this statement first of all you know about crypto currency that crypto currency is decentralized currency and no one more country introduce in this the country bank how said this is legalized. Every country has unique currency. This is not country currency.

[Ufra 197]

All the law of the country is under the president. So if a people wants to invest in his country to the bitcoin. He need to contact with his resident of country.

[Akbor 1042]

You are , the Bangladeshi government don't want to legalize btc or any other crypto now but in future when all country will legalize it and use it to make profit then Bangladesh will show positive sense about btc.

[BTC Future 3946]

This is really sad as Bangladesh is an economy with 160 million in population and it is growing in technology terms rapidly. In my opinion they should be promoting the digital revolution instead. I don't exactly understand how their government is thinking but in my view they are missing out on a big chance to create value for their citizens and become a wealthy nation.

[Usman Abdulmumin 354]

I don't believe it's as large as some different nations who state no to bitcoin. For instance the individuals who don't care for bitcoin: China, Russia, Vietnam. Those three all have exceptionally adverse view since individuals need to move cash out of those nations. In the event that there is a tyrant, at that point he isn't bitcoin cordial as a rule.

[Yanadia 1517]

On 1/14/2020 at 7:39 AM, Luv1one said:

they haven't realized the brawn of crypto, and they may go through it but desire to court order for their individual happiness
 

Yes you are right, I don't want to say anything bad about the Bangladesh government but the Bangladesh government should consider the economic situation of its people and acknowledge that cryptocurrency not only enhances the economy but also creates independent people and becomes more educated in  this era digital 

[mani982 286]

Many nations of the world still not able to decide make crypto legal or illegal .In USA institution are investing in bitcoin and crypto .Government did not ban the crypto and bitcoin.It will take some time to Legalize.

[bliznec 22267]

The official position of Bangladesh has an impact on the entire cryptocurrency market. This has a very positive effect on the development of the blockchain. 

[Kawuak 142]

But what is the main reason in which Bangladesh banned Bitcoin or it is because people are say it is not legal currency may be.

[Opinder 1310]

On 11/16/2019 at 2:12 PM, nahidfresh99 said:

Since Bangladesh's use of Bitcoin has been banned, the central bank of Bangladesh has not yet reported anything in this regard. As of 2014, the central bank stated that bitcoin is not a legitimate IT tender of any country. we Can't understand.

And I think other coins, including Bitcoin in Bangladesh, should be validated

Governments only ban crypto if it supports to illegal activities. If it is managed then not only Bangladesh, other countries would also accept it. Because it is good invention of technology.

[Md Yousub Ali 880]

Bangladesh is growing economic country, that's why our central bank should not take any risk like this, because bitcoin isn't stable yet. Until Bangladesh's economy stabled bitcoin should be banned.

This is the reason why Bangladesh banned the bitcoin.

[suzuya 945]

I think they just don't see the good effects of cryptocurrency and also I think they are just afraid of the things that bitcoin is capable of. They should let their people use cryptocurrency because it's for their own good and it will not really affect the government.

[Sid 589]

Maybe in Bangladesh there was a case about bitcoin that made bitcoin banned. In my opinion, Bitcoin should be considered again because there are many benefits that can be provided by bitcoin

[Mahadi hassen 50]

I think cryptocurrency is now renowned in Bangladesh for its people to improve their lives. Because it is more important in the business field. General Chat Chat LoungIt has a very positive impact on the development of blockchain. People can benefit greatly from it.

[Interface User 1070]

Is there any more accurate reasons why the crypto currency like Bitcoin have restrictions in this place? Because I don't understand why this happen. Is there a way to solve this?

[Investors Blog 385]

On 11/16/2019 at 4:42 PM, nahidfresh99 said:

Since Bangladesh's use of Bitcoin has been banned, the central bank of Bangladesh has not yet reported anything in this regard. As of 2014, the central bank stated that bitcoin is not a legitimate IT tender of any country. we Can't understand.

And I think other coins, including Bitcoin in Bangladesh, should be validated

These government entities should check their facts about bitcoin and they are just afraid of something that they cannot control. They want people to stay poor so government can control their well being and the way they live. Bitcoin is the key to all of this, By Banking the Unbank