Quote from: Aanuoluwatofunmi on Today at 06:52:49 PM

Quote from: Onyeeze on September 02, 2023, 01:31:57 PM

Quote from: Flexystar on September 01, 2023, 11:24:59 AM

The information is so misleading in many ways. Most of these countries still have active users and as stated by few users the countries that you have mentioned like Egypt, India, Russia, Kosovo and turkey are highly active in the crypto currency trading. You really need to verify the source and also verify information from at least different sources or local sources of those countries. The best way to do this is ask the local boards to participate in this voting and ask the actual situation about bitcoin in their countries.

Even though those countries ban bitcoin that doesn't mean that people living the country will not associate with bitcoin, in my country I have not be in the forum when government ban bitcoin and later the formal vice president in Nigerian made an announcement that bitcoin should be restricted not to ban bitcoin, before that time of the announcement people have being using bitcoin to trade and for other things, what I'm saying is that even though government ban bitcoin what remains will still remain in the bitcoin, so what I want us to understand in bitcoin is that Bitcoin for government to ban it, it will not affect the users of bitcoin.

Maybe we should just get the clarification just once and for all, the ban we are talking about is of two types, the one that the government place on the banks from using bitcoin and the one the government enact as law against the people from using bitcoin for any acceptable means of payment, so there could be ba as well as bitcoin being an acceptable means of payment which indicates banks were banned but it's legal to use bitcoin in most applicable countries.

There are countries wherein this blockchain is neutral wherein they are not supporting its usage but are not also restricting people to use it. In these countries, crypto are accepted as a mode of payment but that is dependent with the merchant or service provider whether to accept it or not. However there are countries as well wherein restrictions are heightened or completely illegal such as with China and Bangladesh to name a few as we all know. So if you are living under countries wherein there is a clear and strict prohibition of its usage, then ofcourse it wouldn't be advisable to still engage into it 'coz if anything will happen, your money would be at risk.