Quote from: Learn Bitcoin on Today at 04:02:16 AM

Quote from: LDL on Today at 03:45:57 AM

But if Bitcoin was legalized in our country then we could use ATM system like other countries.

We are still a way far from that. I don't think Bangladesh will legalize Bitcoin anytime soon because most ministers and government officials do not understand Bitcoin. Only a few people, like ICT Minister Zunaid Ahmed Palak, understand the concept of Bitcoin, and he spoke a couple of times to think about it. He invited Central Bank of Bangladesh officials to meet to discuss Bitcoin. I don't know if they had an appointment, but I heard nothing positive about it.

Bangladesh usually sees what its neighboring countries are doing and what technology they are using. India already legalized Bitcoin with a 30% tax (Which is ridiculous) on profit. Yet Bangladesh did not think about Bitcoin yet. Maybe we won't be able to see the legalization of Bitcoin in Bangladesh. But good luck to the next generation!

In nations with a more conventional financial mentality, such as Bangladesh, Bitcoin's reputation as a confusing tangle of algorithms and codes may prevent it from gaining widespread adoption. Yes, you're right; Bangladesh is seriously behind in this area. However, this is not always a dead end. Despite early opposition, other countries, like as India, have already approved Bitcoin. The 30% tax is rather high, but at least it's a beginning. Leaders and government officials in Bangladesh should make learning about Bitcoin a priority if they're serious about implementing the technology. They run the danger of impeding both innovation and economic progress if they dont.