Bali & Bitcoin
..it has been a couple of days here while I have not noticed any “Bitcoin accepted here” sign.
Looking into it a bit deeper and see that this totally banned here - meaning the payments and the sanctions are quite serious for both sides - high fines, jail, business closure, deportation, etc.
Well, this is not worthy the risk of any sides and considering every state would do the same - bitcoin has a serious problem.
How do you feel this threat and do you know about some nice overview of these restrictions in particular countries?
Additional source of my info:
https://cointelegraph.com/news/bali-governor-warns-on-crypto-payments
jakub / Jakub
npub13j…mjdyg
2023-11-17 12:32:24
Author Public Key
npub13j597uazlhja75k3y4dlumfk4dzpu9c8srtfg5trsqhzryqe2gsshmjdygPublished at
2023-11-17 12:32:24Event JSON
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"pubkey": "8ca85f73a2fde5df52d1255bfe6d36ab441e170780d6945163802e2190195221",
"created_at": 1700224344,
"kind": 1,
"tags": [],
"content": "Bali \u0026 Bitcoin\n..it has been a couple of days here while I have not noticed any “Bitcoin accepted here” sign.\n\nLooking into it a bit deeper and see that this totally banned here - meaning the payments and the sanctions are quite serious for both sides - high fines, jail, business closure, deportation, etc. \nWell, this is not worthy the risk of any sides and considering every state would do the same - bitcoin has a serious problem.\n\nHow do you feel this threat and do you know about some nice overview of these restrictions in particular countries?\n\nAdditional source of my info:\nhttps://cointelegraph.com/news/bali-governor-warns-on-crypto-payments\n",
"sig": "a2ca86f8283923c28971dbf6d4c01521cbc38fc8ceccd7554c93479c1af80763ec900368458d9820f035c608f4e6629c9586a7ba9bc2e59225396fc8a8357bbd"
}