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nejibens
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June 29, 2017, 04:21:02 PM |
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Bitcoin is not supported in some countries because the governments try to protect their own currencies, and in addition they have many doubts about the transactions made with bitcoin and crypto currencies.
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Aztek
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June 29, 2017, 04:48:00 PM |
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I think bitcoin is not yet supported or legalize to other countries it is because many people doesn't know the main fact of what bitcoin really is. On other countries where bitcoin has been already legalize they have advertisements that really suits to orient or inform the public of the real fact of what bitcoin really is. But for those countries that doesn't have advertisements like that, people think when they hear about bitcoin is, it is a risky type of cryptocurrency and the assurance of gaining is not sure because they are not properly oriented on this. That is why their government is not yet approving the legalization of bitcoin in their vicinity to protect its people from possible harm that they think bitcoin has. It is all just because they do not know what bitcoin is.
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CarnagexD
Sr. Member
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June 29, 2017, 04:57:25 PM |
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The legalization of bitcoin in other countries depends on their government. Because what their government implies is what the whole country follows. Maybe their government are just thinking of the safety of its people because on some countries where bitcoim is not yet legalize, they don't have proper orientation of what bitcoin is so the government is not yet supportingit to assure the safety of its men from a strange thing in their locality.
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ubitcoin
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June 29, 2017, 07:20:24 PM |
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Bitcoin is not supported in other countries because they protect their own currency. They afraid that their currency is down. The government is fear, they want to protect their own currency.
Totally not agreed with this. Bitcoin is using around the world. It would be it will break many records. But bitcoin is anonymous which will always give opportunities. So if people want to invest they can invest though bitcoin websites and also they can invest with a freedom nobody knows who are investing in bitcoin. So, even governments will not allow, people will use it for sure. |
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PokerFace3
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July 01, 2017, 08:31:41 PM |
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Bitcoin is not supported in some countries because the governments try to protect their own currencies, and in addition they have many doubts about the transactions made with bitcoin and crypto currencies.
No government is like that who are not supported bitcoin. Bitcoin is a crypto currency it is depending on you that you are investing though internet or not. If it is not supported in some countries then there is no education. There is a less experience people with worldwide internet. Such best example “Can you stop air in some countries? Of course no so this is an example of Bitcoin. " |
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stompix
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July 02, 2017, 04:09:19 PM |
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For me in my opinion, maybe some countries do not support BTC because they are afraid of it. They may think of it as a scam. Because not all country leaders are risk takers, all they want for the people of their country is to be safe.
That's pretty much the reason why the Government does not want anyone to use a Currency that they can't easily control. Playing with money from the Government allows the Government to make the price of it to whatever price they want and if they want to ditch that Currency then they could just build a new one while leaving the people that are holding fiat with nothing. And it has been proven in the past that no matter how the government wants to influence the value of their currency in the end the market will choose the right value. Check Venezuela and the two exchange rate there. Official and real. But don;t get that optimistic that they wouldn't try to get your bitcoins either. They did managed to get the gold if the government will be that desperate they will stole your coins too. |
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Skieleton
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July 02, 2017, 07:41:27 PM |
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Bitcoin is not supported in some countries because the governments try to protect their own currencies, and in addition they have many doubts about the transactions made with bitcoin and crypto currencies.
No government is like that who are not supported bitcoin. Bitcoin is a crypto currency it is depending on you that you are investing though internet or not. If it is not supported in some countries then there is no education. There is a less experience people with worldwide internet. Such best example “Can you stop air in some countries? Of course no so this is an example of Bitcoin. " Exactly. How to block something available on the internet? Bitcoin is a virtual currency. For example, collect Ethereum or another good altcoin. |
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TheGodFather
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July 02, 2017, 09:34:23 PM |
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The legalization of bitcoin in other countries depends on their government. Because what their government implies is what the whole country follows. Maybe their government are just thinking of the safety of its people because on some countries where bitcoim is not yet legalize, they don't have proper orientation of what bitcoin is so the government is not yet supportingit to assure the safety of its men from a strange thing in their locality.
People will always like to earn bitcoin know absotely becauass of its pride kept to our mind that we can earn and earn as long as as we can and make it as an investment for the future. It couls be very good and it will be a great pleasure for earning it now and someday we can use it for the future. |
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NEWGOODOUBLE
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July 02, 2017, 10:06:21 PM |
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Bitcoin is not supported in other countries because they protect their own currency. They afraid that their currency is down. The government is fear, they want to protect their own currency.
It may be their reason because the government is afraid of the potential of bitcoin that can take over their own local currency. Let alone bitcoins can not be controlled by their own of course the government will do anything including banning bitcoin to go in order for their local currency to be safe |
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stergium
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July 02, 2017, 10:10:39 PM |
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For me in my opinion, maybe some countries do not support BTC because they are afraid of it. They may think of it as a scam. Because not all country leaders are risk takers, all they want for the people of their country is to be safe.
no I think the only reason can be that they have lack of information about bitcoin. if they study bitcoin know about the importance of bitcoin I am sure that they will also adopt bitcoin. in fact such cases are mostly occur in backward countries where people do not have efficient information about bitcoin, they still need to get good assistant from the people who have good knowledge about bitcoin. |
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revo1044
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July 02, 2017, 10:12:39 PM |
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risk of money laundering, proceeds from or funding of terrorism/crime, fraud
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Pattart
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July 02, 2017, 10:41:27 PM |
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risk of money laundering, proceeds from or funding of terrorism/crime, fraud
That is the most feared by the government of a country, let alone bitcoin decentralization and anonymous. So it makes the criminals the easier it is to act certainly the government is reluctant to let that happen So they do not allow bitcoins in their country |
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Vikingr
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July 02, 2017, 11:45:18 PM |
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Bitcoin is not supported in other countries because they protect their own currency. They afraid that their currency is down. The government is fear, they want to protect their own currency.
No that is not right that they restrict bitcoin because to protect their own currency but the actual reason is that they are of the opinion that with bitcoin some criminals will start their crimes and we will not be able to trace them with their financial activities. |
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stromae
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July 03, 2017, 12:02:55 AM |
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risk of money laundering, proceeds from or funding of terrorism/crime, fraud
This is correct, money laundering and fight against financial crimes are the reasons for banning bitcoin, yet some of the countries ban bitcoin only not to lose tax. This is not fair clearly. To me, bitcoin should ve accessible by anyone in the world. |
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zulkarnaen
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July 03, 2017, 01:41:59 AM |
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Perhaps for that reason they prohibit the use of bitcoin in their country, whereas bitcoin is a digital currency that is not regulated by any state or institution, and should be accessible to anyone through an internet connection.
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BCTalkaccountforsale
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July 03, 2017, 01:47:53 AM |
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my country is not supporting anything like drugs/bitches
bitcoin is accepted as well in my country so
In my country, bitcoin is also considered legal currency but because very few people know and care about it, it is still not recognized and used. I hope everyone will soon realize the benefits of bitcoin so that bitcoin can be used in my country. |
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gribble
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July 03, 2017, 01:52:36 AM |
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Perhaps for that reason they prohibit the use of bitcoin in their country, whereas bitcoin is a digital currency that is not regulated by any state or institution, and should be accessible to anyone through an internet connection.
Yes make in sance, so bitcoins be considered as illegal currency, illegal asset and illegal instrument of investment there are no really rules of bitcoins except the system of bitcoins its self, bitcoins is decentralize that is mean bitcoins is high risk losing value for invest in it, so some countries doesn't support bitcoins for currency, asset and any other related bitcoins. |
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millgates
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July 03, 2017, 03:53:27 AM |
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my country is not supporting anything like drugs/bitches
bitcoin is accepted as well in my country so
In my country, bitcoin is also considered legal currency but because very few people know and care about it, it is still not recognized and used. I hope everyone will soon realize the benefits of bitcoin so that bitcoin can be used in my country. government in my country are not banning bitcoin but they are not legalling bitcoin too. so they will not take any responsibility of any problem related bitcoin. but I agree that if they learn about bitcoin deeply they will easily support bitcoin because it has so many advantage. |
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crwth
Copper Member
Legendary
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Activity: 2758
Merit: 1251
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July 03, 2017, 04:00:10 AM |
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my country is not supporting anything like drugs/bitches
bitcoin is accepted as well in my country so
In my country, bitcoin is also considered legal currency but because very few people know and care about it, it is still not recognized and used. I hope everyone will soon realize the benefits of bitcoin so that bitcoin can be used in my country. government in my country are not banning bitcoin but they are not legalling bitcoin too. so they will not take any responsibility of any problem related bitcoin. but I agree that if they learn about bitcoin deeply they will easily support bitcoin because it has so many advantage. What country are you guys from? I think legalizing Bitcoin would be hard for the government because it's decentralized and probably the responsibility of the government would be higher because they have to monitor the money laundering things that happen. The face of Bitcoin in some places is negative, I hope that Bitcoin would be accepted in some countries that hate it. |
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n0ne
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July 03, 2017, 04:04:20 AM |
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my country is not supporting anything like drugs/bitches
bitcoin is accepted as well in my country so
In my country, bitcoin is also considered legal currency but because very few people know and care about it, it is still not recognized and used. I hope everyone will soon realize the benefits of bitcoin so that bitcoin can be used in my country. government in my country are not banning bitcoin but they are not legalling bitcoin too. so they will not take any responsibility of any problem related bitcoin. but I agree that if they learn about bitcoin deeply they will easily support bitcoin because it has so many advantage. What country are you guys from? I think legalizing Bitcoin would be hard for the government because it's decentralized and probably the responsibility of the government would be higher because they have to monitor the money laundering things that happen. The face of Bitcoin in some places is negative, I hope that Bitcoin would be accepted in some countries that hate it. Though it has got difficulty in implementing bitcoin to be the legalized currency, there are more support getting added to the cryptocurrency world wide. This is just because the Countries at least doesn't oppose bitcoin usage. So when time comes government will realize its need and things happen in a better way. |
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