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SoulEaterRR
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July 10, 2017, 11:32:15 AM |
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I think many countries are afraid to resolve bitcoin because of the fact that they can be used by all sorts of scammers and then they will not be found. They are worried about the safety of different scammers.
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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bitmanReturns
Newbie
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Activity: 14
Merit: 0
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July 10, 2017, 11:55:02 AM |
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I have heard that bitcoin is not supported in some countries. But why ? Is it because bitcoin is risky ? Some countries even declare 6 months jail if her people use bitcoin. Is it fair ? I mined few cryptos and have left mining. It was fun and challenging too. But I never got any clear answer. What does my gpu actually do ? I pay electric bill, my room temperature goes high and I get paid. With actually no skill on pc hardware and software. Whole thing is still pretty unclear to me
Each country has its own set of rules which we can't interfere or object in. Most of the countries are doubtful about cryptocurrencies since they're worried about money laundering and fraud issues. |
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stompix
Legendary
Offline
Activity: 2884
Merit: 6288
Blackjack.fun
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July 10, 2017, 12:28:39 PM |
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Some countries aren't really supported to bitcoin because some countries are abusing bitcoin they using btc to collect any drugs or they using it in a wrong way of it but the other countries like Japan and south Korea are supporting bitcoin because they know how to handle or they are not abusing bitcoin to use in a bad way, they use it for their good future.
Never heard before of a country using bitcoins to "collect" drugs. How about next time before you post crap here you learn some basics English, read a bit about bitcoin and shut up if you have only stupid things to say. Do you even have a clue what bitcoin is? Or a country? Some countries not supporting because,it is decentralized currency,anyone can send and receive the bitcoins.criminals also can use it for crime.it is very popular and price is also very high.
I think Bitcoin is not recognized officially all over the world so some countries still prohibit Bitcoin in business. To deal with this situation the world government must have a positive view on Bitcoin then Bitcoin can be globalized. The world government should do it? Send them a letter then. The address is something like Balrog Avenue 23, Mordor. I forgot the zip code. |
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senin
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July 26, 2017, 04:37:19 PM |
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I believe that bitcoin is not supported by some countries due to the fact that in these countries there is no necessary level of democracy. Only in those countries where the human and civil rights and freedoms are sufficiently developed the government is afraid to limit the population in using the crypto currency and not support it. In addition, the circulation of crypto-currencies can increase, if desired, the income of banks and other government agencies.
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ProzCoin
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July 26, 2017, 09:15:06 PM |
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The question you asked is wrong the question should have been why some countries don't support bitcoin and about the jail thing yes i have heard few people going behind bars for using bitcoin and this can be as the particular country can't really control of what people are doing so that can be a reason for going behind bars
Poor for them and poor for those who want to use Bitcoin but they can't because of their leaders. I think why some countries don't support bitcoin is they afraid their unit of currency will no longer available if their citizen keep using Bitcoin. I hope in the future Bitcoin will be legalized and more people will start using it. |
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Gummybear67
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July 27, 2017, 04:45:32 AM |
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I think because they're not open to accept what a Bitcoin can do to people and even in its own country, and I think leaders are afraid that if bitcoin became popular theyre not able to control paper money cause people prefer to have bitcoin as currency.
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FlightyPouch
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July 27, 2017, 04:53:55 AM |
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I think because they're not open to accept what a Bitcoin can do to people and even in its own country, and I think leaders are afraid that if bitcoin became popular theyre not able to control paper money cause people prefer to have bitcoin as currency.
They know what a bitcoin can do to their country, don't underestimate people from the government because you don't know what they know and knew. The fact that they don't accept bitcoin is mostly because they are making their country safe, not from bitcoin but because they're internet are in censor. There are countries where people are limited to use the internet thus can't use digital currency such as bitcoin. Let's just respect their decisions because they are the leaders of the country and they don't mean no harm for their land, they are just protecting. |
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Armstand
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July 27, 2017, 05:11:44 AM |
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I think because they're not open to accept what a Bitcoin can do to people and even in its own country, and I think leaders are afraid that if bitcoin became popular theyre not able to control paper money cause people prefer to have bitcoin as currency.
They know what a bitcoin can do to their country, don't underestimate people from the government because you don't know what they know and knew. The fact that they don't accept bitcoin is mostly because they are making their country safe, not from bitcoin but because they're internet are in censor. There are countries where people are limited to use the internet thus can't use digital currency such as bitcoin. Let's just respect their decisions because they are the leaders of the country and they don't mean no harm for their land, they are just protecting. Well,that's maybe right. Since bitcoin is decentralized and they don't have control on it they might scared on what it can do in their government. So us who are capable on doin it legally must not used it for illegal things ,government might kake a move if so. |
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CODE200
Sr. Member
Offline
Activity: 1442
Merit: 308
★Bitvest.io★ Play Plinko or Invest!
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July 27, 2017, 05:26:46 AM |
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I think because they're not open to accept what a Bitcoin can do to people and even in its own country, and I think leaders are afraid that if bitcoin became popular theyre not able to control paper money cause people prefer to have bitcoin as currency.
Usually Government issue is the reason why the bitcoin is not accepted at their country, And somehow I think that after some or more countries will accept bitcoin in their country they may go with the flow and accept the bitcoin too let's just hope for the countries make move for the change. |
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karanggatak
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July 27, 2017, 06:04:25 AM |
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in my country, bitcoin its not valid payment because they have high risk. in here use bitcoin seem like break the law. and our bank wont be commit about that. and maybe the price of bitcoin that fluctuates too.
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Finestream
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July 27, 2017, 07:03:41 AM |
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in my country, bitcoin its not valid payment because they have high risk. in here use bitcoin seem like break the law. and our bank wont be commit about that. and maybe the price of bitcoin that fluctuates too.
Well, too bad for you as you live in a country which is against decentralization but don't think of that so much because time will come they will eventually adopt as big countries are already starting to adopt. Maybe at first glance they will not be convince but it will be a wake up call for them when they see countries who adopt with bitcoin has improved their economy. |
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ivrynx
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July 28, 2017, 11:17:52 PM |
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i think they have no access to bitcoin, and one reason is that governments have their own banks and the bank itself is a big business, if they let bitcoin in without them regulating it, they will loose a lot of money, but in the future i see that bitcoin will be accepted as payment and by banks, since we need to accept the fact that we are advancing in technology and bitcoin is the future.
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cipotok
Newbie
Offline
Activity: 29
Merit: 0
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July 29, 2017, 08:08:48 AM |
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Why bitcoin is not supported in some countries
Maybe some countries forbid the play bitcoin karna be afraid of the impact of the success of bitcoin change the lives of many people, because if it is adept at playing bitcoin of course to get bitcoin will be easier ....
So create a country that prohibits people playing bitcoin it's time you give kebebesan to your community determine what they like .....
Remember the freedom of having a society in a country ...
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genocide
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July 29, 2017, 10:58:19 AM |
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I have heard that bitcoin is not supported in some countries. But why ? Is it because bitcoin is risky ? Some countries even declare 6 months jail if her people use bitcoin. Is it fair ? I mined few cryptos and have left mining. It was fun and challenging too. But I never got any clear answer. What does my gpu actually do ? I pay electric bill, my room temperature goes high and I get paid. With actually no skill on pc hardware and software. Whole thing is still pretty unclear to me
Bitcoin is not supported in some countries maybe because they do not have the proper technology to do so. There is no support being received especially in poor countries since there aint much profitable business there. Other countries prohibit the use of bitcoin due to taxation issues, because a lot of people use bitcoin transactions to escape tax payment. It mainly depends probably on the country's laws and rules that's why the use of bitcoin cannot be legalized. |
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boris singer
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July 29, 2017, 11:36:18 AM |
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Why bitcoin is not supported in some countries
Maybe some countries forbid the play bitcoin karna be afraid of the impact of the success of bitcoin change the lives of many people, because if it is adept at playing bitcoin of course to get bitcoin will be easier ....
So create a country that prohibits people playing bitcoin it's time you give kebebesan to your community determine what they like .....
Remember the freedom of having a society in a country ...
They forbid the use of bitcoin because they are unable to make any regulation about bitcoin, which is common in third world countries. They must follow what the majority of developed countries do after that then they do comparative study, the process will happen very long. The fact that bitcoin is prohibited is the original nature of bitcoin itself that opposes the central economy civilization. This is a difficult thing and still not fully accepted. |
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Botnake
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July 29, 2017, 11:57:51 AM |
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I have heard that bitcoin is not supported in some countries. But why ? Is it because bitcoin is risky ? Some countries even declare 6 months jail if her people use bitcoin. Is it fair ? I mined few cryptos and have left mining. It was fun and challenging too. But I never got any clear answer. What does my gpu actually do ? I pay electric bill, my room temperature goes high and I get paid. With actually no skill on pc hardware and software. Whole thing is still pretty unclear to me
Bitcoin is not supported in some countries maybe because they do not have the proper technology to do so. There is no support being received especially in poor countries since there aint much profitable business there. Other countries prohibit the use of bitcoin due to taxation issues, because a lot of people use bitcoin transactions to escape tax payment. It mainly depends probably on the country's laws and rules that's why the use of bitcoin cannot be legalized. The progress will not happen overnight, what is more important now is slowly we see the progress that we are looking for. Of course big countries do normally start to adopt and small countries will erase all their doubts and eventually adopt as well. |
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131tc01n
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July 29, 2017, 12:22:19 PM |
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In my area the bitcoin has not been unveiled. But I have never heard of punishment for bitcoin users. So we do not need to worry, use before it is prohibited.
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linkme
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July 29, 2017, 12:26:11 PM |
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I have heard that bitcoin is not supported in some countries. But why ? Is it because bitcoin is risky ? Some countries even declare 6 months jail if her people use bitcoin. Is it fair ? I mined few cryptos and have left mining. It was fun and challenging too. But I never got any clear answer. What does my gpu actually do ? I pay electric bill, my room temperature goes high and I get paid. With actually no skill on pc hardware and software. Whole thing is still pretty unclear to me
"People scare of what they don't understand", the governments do not fully understand Bitcoin and can not find a way out to control it so that they do have not supported Bitcoin yet, I think they will work more on it to make Bitcoin legal in their countries. |
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kuyaJ
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July 29, 2017, 12:30:47 PM |
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Maybe they have some reason or belief about bitcoin. Maybe they not know or they didn't believe that bitcoin can improve their country. China is one of the country that illegalize bitcoin.
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Gabrieelle
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July 29, 2017, 12:37:31 PM |
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I guess some countries doesn't have enough access on it. It is not the whole population of one country that uses bitcoin maybe just half or just a little that is why they don't support it. Maybe they think it is a threat to banking business but all in all I guess it depends on what kind of government they're in.
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