Post
Topic
Board Bitcoin Discussion
Re: The Bitcoin Cafe
by
Pffrt
on 10/07/2019, 05:54:07 UTC
Why don't you ask him if he is willing to accept bitcoin if the government legalizes it? He is probably saying no to you to avoid getting in trouble.
If cryptocurrency becomes legal, he will be the first one to accept crypto in Bangladesh, I have had talked with him. He is interested to accept Bitcoin but due to the law, he can't.

I think that the reason for governments in this area bans cryptocurrencies is the rampant criminality there.
Governments probably try to regulate criminals and try to close every funnel of funding their illegal activities. They are not opposed to the technological innovation of bitcoin but maybe right now they don't have any other reason to allow it.

If this is indeed the reason it would be unjust. Cash, is as easy for criminals if not easier to use than Bitcoin. At least with Bitcoin you have recorded transactions on a public Blockchain, where as cash goes under the radar, and isn't public knowledge. Plus, cash is already used on the mass for criminals exchanging services, and goods.
Exactly Welsh. You can't imagine how much corruption is going on here. Our country would be more developed if the budget was expensed. Not more than 25% of the budget are expensed. That really sucks.
If Bitcoin is being used, the public blockchain will easily detect the usage of the budget and thus corruption will be decreased.