Bitcoin Forum

Despite the massive growth, advancement and advantages of Bitcoin and most crypto currency, why is it hard for most countries to fully accept it is or permit it's exchange?

Because they have their own reason:

1. It's harder for them to tax the money, people have a way to cash out privately which make them can't maximize the tax, unlike stock, ETFs where everything recorded in centralized sites.
2. They're a country where most of the citizen are Muslims, Bitcoin is haram in Islam, hence they ban it.
3. They hate Bitcoin.

There are a few reasons but i think it hasnt been legalized because it is a rather new Asset according to the standard of Worldwide adoption. It has been around for 16 years, A long time but it hasnt proved its stability yet as it had many ups and downs in these years.
 another reason might be POWER, Governments Dont like losing Power and with Bitcoin's Decentralisation they are very likely to lose it as it gives people power in their own hands unlike Fiat Currency.


Your first point is right but i might have to disagree with point 2, and 3. Point.2 I am a muslim and can assure you that it is not haram in islam if you use it for preserving wealth or as an investment but it is when you use it For Gambling or other haram stuff. Point.3 i dont think thats true because no one hates anything that gives them profit or something valuable in return which bitcoin does so hating it is not a reason to not legalize it. It is not the Main reason for not legalizing but they can not like it because it gives them a loss. which discussed in your point 1

Bitcoin is not owned and controlled by governments and central banks and Bitcoin is like a threat in view of governments and central banks. With conflict of interest, it is explainable why they don't like Bitcoin and in many years want to do many attacks in order to kill Bitcoin adoption.

They can not kill Bitcoin and its adoption in 2025 and in the future so they changed from restrictions, bans to accept Bitcoin but enforce more laws, regulations for getting more money from citizens through tax. Taxing on Bitcoin investors, traders is like a most important concern of governments globally nowadays when they know that their governments will be challenged, even collapsed if they ban Bitcoin.

Most countries consider Bitcoin legal or regulated only few have outrightly banned it
The ones that banned it have their reasons like not wanting financial autonomy for their citizens
Terrorism even if Fiat has being funding such before Bitcoin was birthed
Among others.

Like I said before Majority of the world government consider Bitcoin legal and/or well regulated

Except you talking about making a legal tender
Which I believe is too much of a stretch to expect the government to give away their control (Fiat)

It's a very simple answer mate, the government wants to control everything that's within their border, and bitcoin is that one thing they can never control but still to exist till date..

The decentralised nature of bitcoin prevents it from being controlled by the government like they do with fiat and gold. The government literally has been against the whole idea about the new money system since it cannot be duplicated or manipulated.. just few countries have managed to adopt the new system but not completely..

I still disagree, the reason why Bitcoin is haram because people think that as high risk investment, not about the usage. It's also not backed by gold or fiat, which is another reason.

I know there are some people who said Bitcoin is halal and haram, but from what I know, if it's debatable between halal or haram, better to count it as haram instead.

Thanks for this response, i had no idea

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2020/2021 i remembered the ban and restrictions most asian and West African countries placed on Big Crypto Currency exchange company the Likes of Binance and the rest, as a result of that ban BTC reached it major ALH (all time high) which rubbed off on other coins like ethereum and Binance coin. That lead to P2P means of buying coins. This goes to show that Crypto Currency has come to stay

[moderator's note: consecutive posts merged]

Not all countries are yet ready to monitor crypto transactions properly and collect taxes properly, and many are very far-sighted about Bitcoin management due to the weak economy of their country, due to which they do not have the ability to legalize Bitcoin and manage it properly. Bitcoin cannot be bought directly in countries where Bitcoin has not been legalized. When Bitcoin is legalized there, Bitcoin can be bought directly through banks. And at that time, if that country cannot bring Bitcoin transactions under tracking, then a large amount of money can be laundered from that country through Bitcoin. And then that country will collapse economically. Considering these aspects, many countries still do not consider themselves ready to legalize Bitcoin.

I think I will agree with those that suggested that the government are literally the main factor that hinders Bitcoin acceptance in a country. Just like every country, the government are totally in charge. Of course, we hear democracy, or freedom, or whatsoever, but the government always wants to be the boss. Bitcoin is difficult for them to have control over because it literally exceeds a country. It is clearly different from a fiat system where the government can either trigger excess of it, or limit it like what I witnessed in my country in two different occasions.

Having a technology that they can not shut down, can not replicate its monetary form like the excessive printing of fiat, can not be seized without the owner's permission if the person practices self custody, clearly looks like a threat to them. The thing is, some government has learnt to live with it, knowing fully well that nothing can be done, but guess what, they still impose KYC/AML policies, so as to put their citizens in check.

It's not that easy to run a nation and and it's not that easy to legalize a currency.
Bitcoin is a decentralized cryptocurrency which makes it hard for governments to control it.
This is why they introduce regulations and policies so that they can control the entities which use bitcoin.
While some have already achieved the regulation many are still hesitant and reluctant to pass those regulations and hence why many counties have not yet legalized bitcoin.

Various governments are still reluctant to recognize Bitcoin, mainly because of tax evasion and being outside the control of the government. When a country legalizes Bitcoin, they must have some plans for it and they must also take steps to ensure that the people of the country do not misuse this opportunity.
Not all countries can afford to take this step and do not know Bitcoin well.

The reasons for not giving legality are -
. Lack of government control.
. Possibility of tax evasion.
. Increased amount of hidden wealth.

What people think does not matter, only the objective truth matters. Bitcoin is a low risk investment. How many decades do need to pass before this nonsense about high risk investment stops?

Easy if you are not corrupt, the more corrupt you are the harder it is to run the nation.

The main reason why many countries are still hesitant is because countries want to be in the full control of the money used in their country, and something like that is not possible with bitcoin. There is also fear of bitcoin being used for illegal activities but that's just a bullshit excuse as some can be said about fiat money.

Despite that, situation is not as grim as your question suggests as here in Europe we are free to buy/sell crypto freely, as long as you pay the taxes (that can be avoided too for now, but not for too long).

There's a very simple reason -

Bitcoin is neither created nor controlled by any specific nation!

A lot of countries do not want to legalize something that is not created by them, especially when it is related to money matter directly. Probably that's one of the reasons these countries are still developing.

If I take an example of my country, Bitcoin is neither banned nor legalized. We are allowed to trade or invest in crypto. But we need to pay 30% tax for every profit we make. That's a kind of a daylight robbery.

It all depends on the mindset of the government.

The reason for not fully accepting or permitting Bitcoin and cryptocurrencies by many countries can be because they challenge control of the government over money, pose risks for money laundering or tax evasion, it is very volatile, and has a tendency of undermining traditional banking systems. Protecting consumers from scams and market crashing, fear of losing monetary policy control when digital currencies take over national currencies, these seem to be the worry of regulators.

According to this map from Wikipedia, Bitcoin is legal in most countries in the world.

https://www.talkimg.com/images/2025/08/15/USgYRq.jpeg
https://en.wikipedia.org/wiki/Legality_of_cryptocurrency_by_country_or_territory

I havent actually counted, but as far as I can tell there are only a handful of countries where Bitcoin is prohibited (either completely or only partially).

The reason is very simple and clear: Bitcoin is decentralized and maintains privacy, something governments reject. It gives you real control over your assets, while governments want your assets to be under their control.

Governments want to control everything and monitor all their citizens' accounts and financial transactions. Therefore, they reject Bitcoin in its decentralized form, accepting it only if it is implemented through centralized platforms that impose KYC and AML restrictions.

What do you mean when you say fully accept Bitcoin?  As far as I look at the data, it contradicts your statement when you say most countries are having a hard time permitting the Bitcoin exchange.  If we look at the article https://blog.sagipl.com/legality-of-cryptocurrency-by-country/, it looks like there is more countries that accept Bitcoin than ban it.  These country as far as I know, accept Bitcoin as a mode of payment, thus the country permits the Bitcoin exchange.

So this is the reason why I asked what you mean by "fully accepting Bitcoin".  If we look at it as being recognized by the government to be used to pay for goods, exchange by people through trading then we can say that most country has it accepted thus contradicting your statement. But if you say it as legal tender, then it is because of the restriction of the country's financial regulations.

They just don't want to. A lot of people still think that cryptocurrency is good for nothing scams due to their volatility and them being issued by non government. Obviously the government would not want to be overshadowed and have other kind of currency, one to be used in transactions and investment purposes, ruling their country.

It will be almost impossible for my country in present time to accept bitcoin as a legal tender or been legalized because is a total decentralized money that can never be controlled by then therefore striping them of their so called power and authority, What gave them the power they are parading now is the ability of them taking charge and making all sensitive financial decisions which will never be possible if reverse was the case.

However,
Most advanced countries has been trying to get use to the system and it was fun all the way but I doubt if my country will ever give it a trial.

It's hard for them because it sounds new. Far from being traditional and that's expected for most countries. But once a leader country starts to do it and with what we're seeing for the USA with Trump's leadership, they've already shown that it's totally fine to adopt and let people exchange on it. Those that are not yet adopting it means that they are not ready, time will come that they'll be the one to announce it once they are in.

The global adoption trend on Bitcoin and cryptocurrencies is very clear and strong so it's hard to not realize it has been happening and growing. The USA. has many advantages in economy, policy, soft power to lead this trend even they are later comer at national and global scale. It's only matter and challenge for them like whether they want to participate in and lead this game, to make a party for them as a global leader, or continue to stay outside.

The Bitcoin Spot ETF approvals in January 2024 is like an official announcement from the USA that they are ready to lead this industry. Bitcoin National Reserve in the USA or other new trends will be led by the USA, it's my belief on what will possible occur in coming years.

The simple answer is probably because of high volatility which can increase investment risks and disrupt economic stability, in addition, the decentralized nature of Bitcoin makes it impossible for governments to control or supervise effectively. The most fundamental reason is that Bitcoin is still considered a threat to fiat, the flexibility that Bitcoin has can change society's overall view of fiat.

Countries are very aware of the power of Bitcoin so they cannot completely ward off its presence, which is why Bitcoin is considered a commodity asset that can be traded on the Exchange. Slowly the government is starting to take steps to regulate, monitor its use and develop clear policies on its use. That's all the government can do because they are well aware that they cannot fully control Bitcoin.

I think that they certainly want to become a world leader in adopting Bitcoin. AFAIK, they are now the country that holds the most Bitcoins in the world excluding the private institutions like MSTR that holds a lot as well. IIRC, it was Bulgaria that held the most Bitcoins not until USA has got those seized Bitcoins from the silk road and other bitcoins that came from their operations to seize them all. The Bitcoin spot etf did really a lot for the Bitcoin adoption in that country and if they did well starting last year, we're just getting started.

Some government are still waiting to see if what they heard about bitcoin is true or false before they can do more research to allow people in their countries to use bitcoin freely, which is part of some of the things that is making them not to legalize bitcoin. Secondly, bitcoin is a decentralized asset that is not control by the government, and government have no authority to control the price of bitcoin which is among the things that is making government not to approve bitcoin legal. Thirdly, some government is afraid of their local currency for bitcoin not to eliminate it from the country, this is another reason why some government don't what to hear anything concerning decentralized currency.  But for those countries that legalized bitcoin, are benefiting from bitcoin because their leaders know important of bitcoin before they took the action to make it legalized for their countries.

Many countries have varied acceptance of Bitcoin, but majority accept it as legal. Not necessarily as a legal tender but as a legally recognized asset or property or whatever. And I guess that's good enough.

There are actually only a few nations that consider Bitcoin illegal. But even in these jurisdictions, I'm sure Bitcoin exists, and the citizens discuss about it, even buy and sell it.

Chinese in mainland China, for example, buy Bitcoin. Little Mouse here, a prominent campaign manager, is from Bangladesh, where Bitcoin is illegal. He's working for Bitcoin.

So, while a few countries aren't accepting Bitcoin because it's beyond their power and control, Bitcoin continues to thrive.

Nah, not all country leaders understand it or see the earning potential it has. Why prefer fiat money? Because it was easy for them to manipulate and have the fullest control over Bitcoin. It is a conflict of interest, and they don't want it to happen.

In fact, some rich countries never support Bitcoin. They even ban it. Whatever their reasons are, legalizing Bitcoin is still a choice of the leaders. We can't urge them, nor can we force them to believe what we see. As I've said, it is going to be a conflict of interest.

National leaders can think of what they can do and get benefit within their time in charge of decision-making positions or national leadership. That's all, they mostly don't mind what will happen after their Presidency is over, for example.

This mindset leads them to presidency approach, what to do within 4 or 5 years for one term, or doubled time for two terms. They know that it's more easily to do many things with central banks and fiat currencies, while with Bitcoin, they know that it exceeds their controls and maybe they will not get any benefit so they skip it. In addition, there are many barriers for them to pass any national bill with big changes like this under true democracy if their citizens have yet truly wanted to have national policy change.

The government is concerned about its inability to have full control over Bitcoin. Many countries that have banned or restricted Bitcoin claim that it is used for money laundering and terrorist financing, which is not the case.

But since Trump assumed office as president, there has been a slight change in the negative perception of some governments. There has been a right in flexible crypto policies and the drive to use Bitcoin as a reserve currency.

I suppose that this is connected with the fact that it contradicts the interests of the current governments and deprives them of control over financial flows. By allowing citizens to freely use bitcoin, i.e. an uncontrolled financial system, the means of control over citizens are lost, and therefore, power is lost. Also, in this case, the incoming taxes will fall, because traditional money will be used less. The same thing happens with exchangers. As soon as the governments prepare the legislative base (how much and for what to pay taxes), then exchangers will be allowed for use, but of course, these will be exchangers controlled by the governments and exchange will be possible only in similar exchangers. That is, as soon as the governments decide how to regulate this niche, then such actions will be allowed.

Government also wants to be in charge of their investment, and Bitcoin can not be controlled by any government. Its so hard for them to invest in it, secondly, because of greed they won't  want to invest in a bitcoin that they wont be part of the benefit, probably before the profit of bitcoin investment their administration would have gone out of office.

Government decision not to involve in bitcoin investment is a personal reason and not for the benefit of their country, they make up excuses that bitcoin is use for fraud  and other related offence. But themselves uses fiat to embezzle their countries treasury. I do not take any Government reasons for not investing in Bitcoin seriously. The good news is that by the time they would like to invest bitcoin, price has gone double.  

Believe me when I say that even the government in most of the countries that has failed to make Bitcoin a legal tender wants to invest in Bitcoin because even them have seen Bitcoin's potential but unfortunately they won't be able to be in control of running it like the way they control fiat currency. They know that they will lose control over monetary policy and regulations so they rather not legalize it so they will keep being in control, and the other reason why they have not legalized it could also be because of lack of proper understanding of the potentials of Bitcoin.  But the major reason why they don't want to legalize Bitcoin is because they know that they won't be able to control Bitcoin.

You should know it’s just because bitcoin is not benefiting the government, and thats the reason why they are just against bitcoin. The government wants a currency that they can control, since they can’t control bitcoin, that’s the reason why they are against bitcoin, but they are in control of fiat currency, and thats the reason why the government do make everyone feel like  bitcoin is bad, and it’s used for illegal things alone, and fiat currency is the only clean currency.

The government cant control bitcoin, they can’t monitor people’s weather, and that’s what the government doesn’t want, they want to be in control of everything, they want to monitor what their citizens worth, but it doesn’t make sense, and with bitcoin, the government cant track their citizens wealth, and that’s the reason why they are against bitcoin.

Because governments cannot afford to give up their full control over people, over their money. That’s why they keep on attacking bitcoin and discourage people not to deal with it, otherwise they will be going against the government’s rule and policies. And people just seem to fall on their trap, believing that what is government telling them is what’s best for them. When in reality, the government does not think about the people, but they think on their own pockets and bank account’s welfare.

I have this thinking that these countries have not yet understood completely the potentials of bitcoin and how it can be useful for individual’s economic welfare. So let’s just wait for the right timing to come, and for sure if majority of the countries will adapt bitcoin, then the rest will eventually follow.

After all, bitcoin is bitcoin. It’s staying for good and it will continue to grow and prosper in time, as long as people allow it to do so. It only needs time and a little bit of mass education, that is if the government is open to do it.

it simple, just because its a decentralized financial system that can not be manipulated like fiat, that's why they dont want to accept it. government of every country want to have total control of all monetary movement both in and out of the country, now bitcoin now prove to be a bridge against their monetary control since it can go and come without their notice or even without their awareness. so the see it as a threat that's why they find it hard to accept it fully the labeled it a "gate way to fraud and embezzlement of fund". apart from this option i pointed out, i dont see a tangible reason government of many country will not accept bitcoin in full.

In my opinion it was caused by two reason.

1. The country is too scared to accept anything that's out of the ordinary and some of the countries out there are so afraid of accepting crypto, this can only be solved when developed nations are all accepting crypto and legalizing it, right now we're on that track.

2. The country itself is afraid that the crypto market will cannibalize their already small and vulnerable markets, this mainly come from weakest nation where economy isn't that strong. They are afraid that the money will all go to crypto knowing how popular crypto is even as an ETF it's record breaker.

I can tell you something from my country's experience but consider that this might be very unique to my country. When I was at University, most of my lecturers were also working for the government in top positions. I was the only student in my university who knew Bitcoin, blockchain and cryptocurrencies very well, so lecturers really liked me, especialyl this one woman who was a very high ranking in the government and I had a small discussion with her. She told me that they don't accept or ban Bitcoin because if they do this, then people will have to pay taxes and since my country is a poor country, they decided to not touch this topic and let people earn cryptocurrencies without paying taxes. Since crypto wasn't a hot topic back then, they didn't touch it.

I'm sorry but are you a Muslim? If you are not then I am sure A Muslim would know better. But if you are a Muslim and don't have knowledge about this matter I suggest you reading this article.
https://www.blossomfinance.com/faq/is-bitcoin-halal
And this
https://www.blossomfinance.com/posts/is-bitcoin-halal-or-haram-a-shariah-analysis

Bitcoin and crypto are two different things. Bitcoin is money and a monetary protocol, while crypto includes platforms for issuing tokens, utility tokens, and many other things that are not directly related to money. Bitcoin is distinct from all of that.

Bitcoin represents the separation of money from the state and the abolition of central banks and their monopoly over issuing money. States do not want to give up this mechanism because it allows them to constantly and easily create money out of nothing. By controlling money and holding a monopoly over it, they have power over people and can finance regimes.

It takes a gradual intricate process for full execution, as we've seen, few countries are already tilting Towards that area. In the not so distant future, we could see a lot of countries adopt the Hybrid system; Bitcoin alongside flat currency.

Well because some opposed to it. They cant control it since bitcoin is a full decentralized. Ofcourse some from the Govt wanted it taxed but some users hate to be under surveillance too from them and thats what Satoshi goal not to be underwhelmed by the Politicians. He makes bitcoin for everyone and no one should take advantage of it.

Bitcoin network is decentralized and can not controlled, manipulated by any single person, mining pool, miner, government so it is very strongly unaffected by governments globally. Governments as we know in long history of human civilization have never been agreed with each other in any issue so it's unrealistic to ask all governments globally agree to make Bitcoin legal in their nations and over the world.

The good news is Bitcoin Legality Map has turned greener over years.
https://newhedge.io/terminal/bitcoin/legality-map

Aside from wanting control, one reason I feel the government don't want to legalise bitcoin is the impact it will have on their local currency. They feel if bitcoin is made a legal tender, the demand for the local currency will drop, thereby causing the value of the currency to drop.
This may not be the case in every country, but in a country like the US, which depends on the increase in demand for the dollar, having a superior currency as legal tender might not be something they would like.
Since they can't make it legal tender and they can't make it illegal because people have rights, they will use other systemic means to be against it so its adoption doing affect the dollar that much.

Bureaucrats must be busy with another matters, so Bitcoin legalization remains in second plan. Personally, I see new regulations are being implemented slowly, one at a time in my country. It's a step to step legalization, which isn't positive for adopters in anyways, as it just mean extra fees, difficult and more restrictions to Bitcoin services. Moreover, such regulations are being implemented without warnings from the media, so once you check you can't access a service or platform anymore...

Be thankful if Bitcoin isn't legalized, neither regulated in anyways where you live. The best time to use Bitcoin was ten years ago and before, when governments weren't concerned and didn't have any clue about its existence.

It is all about the government, and the cause is usually a lack of knowledge about current developments (especially technology), or a reluctance to learn or embrace technology (technophobia). For example, I feel that the government in my country is filled with people who are not very tech-savvy, and even Bitcoin in Indonesia has faced obstacles from the government. I learned this based on the story of the creator of the first crypto exchange in Indonesia, once he was visited by the government about his company and asked to explain it, including what Bitcoin is. Fortunately, Bitcoin was eventually accepted in Indonesia, even though it is considered a tradable crypto asset and not a medium of exchange or a legal tender. So, I think that is one reason why Bitcoin is difficult to fully accept in one country, and perhaps this is also the case in other countries.

However, I believe it is only a matter of time; time will tell. Just like other technological revolutions, such as the car when it was first created, I am sure it faced many challenges, and eventually became global, so I am confident Bitcoin will also be like that.


Well, I think the OP needs to realize that from the image above, it can be said that Bitcoin is starting to be accepted worldwide, but its acceptance is still limited. So, as I said, Bitcoin will eventually be fully accepted worldwide, and again, it is only a matter of time.

Lol, it is somehow funny to think how Bitcoin, which is under the umbrella of cryptocurrency not be crypto?  If you want to make a statement about Bitcoin being different from other cryptocurrency, you can just use the word altcoins (alternative coins) to set a difference between Bitcoin and other cryptocurrencies. 

Thera are also other cryptocurrency that has almost the same infrastructure like Bitcoin because these altcoins are forks of Bitcoin.


Aren't you exaggerating Bitcoin?  I can't find anywhere on the whitepaper that tells Bitcoin is the separation of money from the state, and abolition of central banks... You sounds great but not 100% i factual.

Back to the topic,  if we look back at the replies, some replies point to an article link that tells Bitcoin is legal to most of the nations and there are far fewer countries that are hostile to Bitcoin.  Many country have no problem accepting Bitcoin as a mode of payment, being traded on an exchange, or being invested by investors; in fact, some companies even set up spot ETF, while other companies are actively accumulating Bitcoin.

Because Bitcoin isn't purely used as a currency. It was primarily being used as an investment.

Any investment is always tagged at risk in any country. And the fact that it's volatile makes it riskier.

Just enjoy, at least, that most countries accept bitcoin even though not tagged as a legal tender.

There are plenty of reasons why most of countries in the world still not dare to legalized bitcoin and these are for examples such as high of volatility, anonymity and uncertain international regulation which these are the current condition of bitcoin and these things too makes the countries doubt they can control bitcoin but some countries including my country are starting to pay attention to the development of crytocurrency especially bitcoin

Finally those countries have decide to make cryptocurrency as the commodities or as investment tools which equal to gold and this condition makes people can bought bitcoin without against the law but to make bitcoin as the currencies i think it's quite hard because the countries are more likely to trust their native currencies

Some government want to be sure with the decentralized asset before they can make it legal in their country, you know that if the government rush to make bitcoin legal and something happen in the future, that will make majority of people that invested all their funds in bitcoin and bitcoin disappear years later, I think you know what will happen to the government officials that introduced it before government make it legal, they will pay those funds back to the people that invested the funds in bitcoin and still spend years in prison for fraudulent case which is a dangerous case any politicians or government officials will not like to involve, We don't have to blame the government that have not make bitcoin legal yet, I know in the nearest future, they will definitely make bitcoin legal to give their citizens access to bitcoin anytime or any day.

Yes we all know that Bitcoin is different from other cryptocurrencies which is separate from governments and banks. But other crypto projects have different purposes and they are used for various things like running apps or creating tokens but Bitcoin main goal is decentralization with fixed supply. So this is direct challenge to governments which have historically controlled money supply to maintain power and fund their activities. With taking this power away Bitcoin aims to create financial system based on decentralized freedom other than centralized control.

Bitcoin is decentralized, which is why governments had a negative attitude towards Bitcoin from the beginning. But when they realized that they could not restrict it in any way, they started adopting it.

For some reasons, governments cannot be willing to accept Bitcoin. Normally, central banks can printing money according to their needs. But in the case of Bitcoin, that is not possible because they cannot control Bitcoin.

Bitcoin uses blockchain technology to make transactions. Users can make transactions without banks, which is why governments lose financial control over those users. After all the positive side is that governments have now created a positive attitude towards Bitcoin.

The second point isn't entirely true because I live in a predominantly Muslim country, but Bitcoin is still legal to use as an investment asset, except for its use as a legal tender, and perhaps most countries also prohibit its use directly as a legal tender. There are certainly reasons why most countries ban Bitcoin, but so far, many countries have begun to open up to Bitcoin, resulting in its widespread adoption. Taxes can even be deducted directly on exchanges when converting Bitcoin to local currency when cashing out.

you're correct since bitcoin is not owned nor control by the government and central bank so they see it as a threat, and for many years now the government had tried several times to eliminate bitcoin still dey didn't succeed. Let me be Frank here using my country for example, In my country anything that can't be controlled by the government of my country they don't put interest in that thing. Although bitcoin and other cryptocurrencies are legal in my country, but with some restrictions and  only the citizens in my country are making use of them, while the government of my country is not interested in them including bitcoin.

Why? Because most countries want control/power above all else. They're afraid people are going to use Bitcoin more than Fiat, effectively "stripping" them from such power. Bitcoin is decentralized, which means more power to the people. Therefore, it's in governments best interests to limit its dominance by regulating it or making it illegal. El Salvador was the only exception, because it's a developing country without a Fiat currency of its own (it relies on the USD). The rest will continue to introduce roadblocks (obstacles) to force people to use Fiat more thoroughly. There's nothing we can do to change this.

At least, BTC does its job well by being an alternative to Fiat. As long as you're able to obtain true financial freedom with it, nothing else matters.

Because they don't have knowledge and afraid with its volatility. That's it that officials have negative thinking is just hook by the old system and don't want to put an effort to learn lot of things about Bitcoin.


They can and there are lots of ways to do it, they can impose a mandatory taxation on those local platforms they are operating if they really want to do it.


It's debatable and its not been said that Bitcoin is haram, I have lots of muslim friends using Bitcoin. No definitive consencus about this matter.

Also Dubai a majority muslim nation is Bitcoin friendly city, lots of people out there are using Bitcoin so this is proof that actually Bitcoin is fine to be used by people in that religion.


Yeah this is accurate since maybe their own interest like businesses on which they are benefiting a lot is badly hit by Bitcoin and they can manipulate people mind because Bitcoin somehow offers freedom.

It is unable to grow in some countries because it is not in their interest for people to have a stable financial life, They want them to be in debt so they can be slaves With Bitcoin, slavery ends, Basically the fault lies with governments that still have many closed minds.

Those government are wrong though, but the people can't do anything because those kind of government's are authoritative. And with that, they don't want to have their people getting rich or have the means because of Bitcoin. It's crazy but the only way for them is to get out of that government. But if they can't then they simply has to be very careful if they want to buy and accumulate Bitcoin.

Maybe it's a risk that everyone can take so that they can't get out of poverty and have the financial freedom that they once dreaming of. Countries who doesn't want to legalized or at least recognized Bitcoin will be left out.

Well most of politician only serve their political and business interest. Usually they don't want people to get educated on something that can enrich their life that's why usually they hate those things that can possibly uplift because maybe they will lose control of those people and they cannot do those manipulative act they usually do to their people.

But what good thing now that there are also governments from some parts of the world are now considering Bitcoin as a good asset. This adaption is now slowly spreading and good thing US under Trump is joining the good cause to introduce Bitcoin to became a great asset to use or invest by people globally.

For sure those bad sentiments and controlling acts will be stop then we see Bitcoin succeed in future if more politician will adapt it also those close minded and manipulative ones will be eliminated on their seats.

Looking at global data, only a few countries have completely banned Bitcoin, while most allow it. This means the majority of countries have legalized Bitcoin, but its use is generally limited to investment and trading. As for legal tender, only El Salvador has officially made Bitcoin legal tender.

The main reason why most countries, despite legalizing Bitcoin, restrict its use to trade and investment is that they don’t want it to become widely adopted for everyday transactions. Such adoption could undermine their national currencies and make it harder for governments to track and tax financial activities.

..All the while when fiat is the thing that is used for said shady financial activities more than anything, the catch is that it is controlled by them, unlike BTC.