Can't be caught, can't be touched. A thing that can only be seen virtually. And that is cryptocurrency. Although cryptocurrency is currently popular all over the world including Asia, its future is still bleak in some countries like Bangladesh. The reason why almost all types of cryptocurrencies including bitcoin are banned in Bangladesh is the lack of proper concept, ignorance or lack of knowledge in cryptocurrency. It is a little difficult for them to believe in such a virtual coin. Although currently valid in all the neighboring countries of Bangladesh including India, Pakistan, Sri Lanka.
Paypal is now a state-of-the-art wallet with thousands of people involved in e-commerce. But Paypal has not come to Bangladesh yet. The idea of the Bangladesh government is that money will be smuggled to Bangladesh through these cryptocurrencies and Paypal. The law of Bangladesh clearly states that cryptocurrency is completely illegal in Bangladesh.
The Bangladesh government has said that since no one can keep a record of cryptocurrency transactions and who will keep money where it is so safe to keep money? Of course terrorists and corrupt people. Those who hide illegal assets will use this cryptocurrency. And if they want, they can easily smuggle this money to other countries. These cryptocurrencies will promote the illegal activities of terrorists.
However, many famous in Bangladesh have condemned such comments. They said that those who use the bank have to face many problems even if they go to withdraw money from the bank. Many times their debit cards fall victim to fraud. Banks are robbed by terrorists. Sometimes the money of the bank is looted through the bank officials. But cryptocurrency is a virtual coin in which you can save your money in 100% secure condition. You have to pay a lot more to withdraw money from the bank. But you don't have to pay extra to use cryptocurrency as a charge. Many people in our country buy and save dollars thinking that the dollar will rise. And when the dollar price rises, you will make a profit by selling it. Cryptocurrency is just like that. However, the value of any cryptocurrency fluctuates much more than the dollar As a result, many are able to make a lot of money.
We hope that the people of our country will understand the value of cryptocurrency very soon and that it will be covered by our market as well as the salary of the job. There is no doubt that cryptocurrency will play an important role in the future. Thank you for reading.
Very interresant article, really well written. Yes, it is a pity that crypto, although it is probably the currency of the future, still has a shadowy existence in so many countries... But even these countries are still waking up.