Quote from: Wysi on October 28, 2019, 08:31:24 PM

Quote from: iamaruf on October 28, 2019, 07:17:25 PM

I just saw a news that yesterday Brac Bank Talking about blockchain technology and they also working to legal blockchain technology.Maybe this is the first time any Bank in Bangladesh talking about blockchain.Though few months ago Bangladeshi PM told that blockchain technology will be legal soon.Now just waiting for confirmation that bitcoin (blockchain) is accepted.Because we faced many problem to use btc,even few people arrested.also in 2018 one people scammed me 4-5.5K$ worth of crypto currency.who live in Bangladesh. Even he scammed maybe more than 300k$ from 20-30 peoples.Though i have all kind of proof but i didnt take any steps because crypto is illegal.I didn't take any steps.because police can arrest me for using bitcoin.

News source: https://www.thedailystar.net/business/news/pri-brac-bank-workshop-focuses-blockchain-sme-1819279?amp

It will be a great news if Bangladesh lifts the ban on bitcoin because it will be a wild market for bitcoin as most of the people is south Asian nations are well versed with bitcoin and crypto unlike other part of the world and definitely they will contribute in a positive way to the world of crypto but we cannot celebrate just with the news of blockchain legalization by Bangladesh government as they can use it in banking sectors or adopt a centralized crypto such as ripple by still placing the ban on bitcoin, blockchain is a vast technology which crypto uses and other non crypto domains does use blockchain.

Even if the country revokes the ban on bitcoin it's people should also support it instead of scamming or using it for wrong purpose.

Bangladesh is still talking about the possible use of blockchain technology. This has nothing to do with cryptocurrency and bitcoin. Blockchain technology is now recognized as promising and revolutionary by almost all states, because it allows you to safely store and use large databases of various information online. Many states, including India and China, although they recognize blockchain technology, however, prohibit or restrict the use of cryptocurrencies.
Cryptocurrency must be firmly established throughout the world before states like Bangladesh allow people to use it.