Top 10 Countries in Which Bitcoin is Banned
Countries around the world have a wide ranging view of the digital currency bitcoin or a "virtual currency." Western superpowers like the United States and United Kingdom have shown a positive attitude towards the new technology. Some countries like Canada and Australia are still deliberating on what to do about Bitcoin, legally. And the many others have already made their decision against digital currency as a whole, and bitcoin, in particular, so here we'll list the ten places you'll find the most trouble using bitcoin. Keep in mind not recognizing or supporting the use of bitcoin and....
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Disclaimer: The following op-ed represents the views of the author, and may not necessarily reflect the views of Bitcoinist. Bitcoinist is an advocate of creative and financial freedom alike. While countries under regimes are waking up to the idea of using Bitcoin as a tool for freedom, authoritarian governments that have banned all crypto activity […]
It may not be such a surprise that more technologically advanced nations would be more open to the use of Bitcoin inside their borders, as well as developed countries would accept Bitcoin more than developing countries. Why? Developing countries are still continuing to encourage their own local economies to grow, and do not want Bitcoins or any other types of cryptocurrency not backed by their respective governments to get in the way. This comes after the fact that China, India, and Thailand has discouraged and sometimes outright banned the purchase and selling of Bitcoins to their....
So Senator Manchin has a list of names that he wants to ban Bitcoins, I hope his intentions are well thought out and that this is simply not just someone who doesn't want to the last to benefit from some publicity on the back of the shuttering up of Mt Gox. “I am most concerned that as Bitcoin is inevitably banned in other countries, Americans will be left holding the bag on a valueless currency.” Perhaps before politicians decide to take up a burning torch they would be advised to become familiar with the issues involved. Bitcoin cannot, in fact, be banned, as a matter of fact when we....
Due to the incredible blunder made by Mt. Gox yesterday, we have decided to add Mt. Gox to our list of Banned Bitcoin Services. This means that we warn our readers from using Mt. Gox. They have to come up with a significant apology to the entire Bitcoin community until we will even think about removing them from the list. Some good alternatives for trading Bitcoins are Bitstamp.net and Coinbase. We are not the only ones feeling irritated. Unanticipated bugs don't come with year-old wiki pages fully documenting them. Gox is full of shit: https://t.co/9htPeb6ytM. - AndreasMAntonopoulos....