Post
Topic
Board Bitcoin Discussion
Re: Dealing with cryptocurrency (in my country) isn't easy as I thought
by
teosanru
on 05/10/2019, 17:19:43 UTC
Today, while I was surfing through the forum, I came across a post in which someone complained about bitcointalk.org not loading in Turkey. Under his post were several replies that explained that the site happens to be blocked by some internet service providers (which is sad).
A few days ago, I made a post in which I asked "What have you done to promote the Blockchain technology & cryptocurrencies?".
I went through several replies which were pleasing and supportive to the Blockchain technology. Amongst them, someone said that he wore bitcoin shirts around (an ideology I really admire). Another said that he created a facebook page (also interesting).
Just recently, I saw a complain from someone in my country. According to the screenshot which contained a mail from his bank, it said that his bank account has been frozen because they found out that it has something to do with virtual trading (cryptocurrency). Not only was I surprised, I was provoked. You know, one of my plans was to buy numerous Bitcoin and Ethereum polo shirt and wear them (to help promote). However, as it stands right now, I'm afraid I can't do that because I could be held as a user of cryptocurrency. Though this isn't any easy, I'll still keep trying what I can to spread the word. The Blockchain technology gospel must be heard!!!
Sad to know this. Most of the criticism against cryptocurrencies is coming from developing countries which feel like Crypto is something which is leaking out money from the economy therefore constituting to money laundering. I still consider that concerns of any governments around the world are Genuine. Why would any government official want to lose his control by advocating the concept of decentralization. Moreover these officials have to answer to majority Public which in any country is still against such virtual currencies due to huge volatility. Moreover no matter how much we argue tax evasion does takes place with help of cryptos even if we say it is right for you but harmful for the whole macroeconomic concept of the country. I am not saying I am against cryptocurrencies but just keeping the point of almost any government around the world. Bangladesh has banned cryptocurrencies for the very same reason too.