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:


Cointelegraph
‘Dealt with firmly’ — Bali governor issues warning to tourists using crypto
The governor of the Indonesian island of Bali has said tourists “will be dealt with firmly” if found to be using crypto for payments, with the ...




