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seattlenonsmoker
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February 22, 2018, 07:59:27 AM |
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At the moment, the most important problem of our country is that crypto-economy is not regulated in any way. The state does not receive taxes, and this is a big problem. that's why none of the crypto currency is allowed in our country
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The block chain is the main innovation of Bitcoin. It is the
first distributed timestamping system.
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deviltasha
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Activity: 308
Merit: 2
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February 22, 2018, 08:04:05 AM |
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It depends on economics, some countries cannot afford legality of bitcoin and some large scale tradings, they loose income and it is bed for currency.
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doloresdeleon07
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Activity: 70
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February 22, 2018, 08:59:02 AM |
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Bitcoin is not supported in some countries probably because their government is worried that it can be used for laundering, tax evasion or any other illegal purposes, we all know they cannot monitor Bitcoin. Countries with capability to at least monitor Bitcoin are a little more relax and liberal about Bitcoin, they know that if someone use it for illegal purposes thy can prosecute them.
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Amelial
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Activity: 160
Merit: 0
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February 22, 2018, 12:04:42 PM |
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Bcos they are afraid if btc is more popular than theie money also afraid their legal bank can be.died..
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kuncimobil
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Activity: 350
Merit: 12
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February 22, 2018, 01:33:11 PM |
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Bitcoin is not supported by the government because the government has not been able to accept bitcoin as a legitimate currency and can be used as a payment, they consider bitcoin to have a big risk and can make users lose their money
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mir1127
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February 22, 2018, 04:45:05 PM |
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sergeykravcov177
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Activity: 266
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February 22, 2018, 05:22:58 PM |
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Not all countries in our time are developed to such heights, even in terms of the Internet. And there is still time to strive for.
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Udrujec
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Activity: 308
Merit: 12
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February 22, 2018, 09:25:28 PM |
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Due to the fact that not every country agrees with the concept of bitcoin-decentralization, anonymity, etc. Because of this, there are gaps with regulation or a complete ban.
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Jeremiesaranza
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Activity: 252
Merit: 101
EMMARES – Email as you know it, will never be the
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February 22, 2018, 09:42:13 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
Bitcoin but supported in some countries because they don't want to die their money and they live respect their paper money |
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rampage101
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Activity: 182
Merit: 10
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February 22, 2018, 09:44:32 PM |
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This is due to the technical support of each country and its inhabitants, and the policy of the state itself. Every government wants to control as much as possible what is happening in their territory, including the money turnover. But with bitcoin this is impossible, so he and the resisted.
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White32
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Activity: 146
Merit: 10
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February 23, 2018, 01:41:33 AM |
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Bitcoin is not supported in some countries because they afraid to lose thier money and dont believe on it. And maybe some of the reasons is until now the existence of bitcoin is still not recognized and the governments hart to trust cause something is trivial and they cant regulate thier point of view.
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Jembut Ireng
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February 23, 2018, 02:03:51 AM |
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Bitcoin is not supported in some countries because they afraid to lose thier money and dont believe on it. And maybe some of the reasons is until now the existence of bitcoin is still not recognized and the governments hart to trust cause something is trivial and they cant regulate thier point of view.
They think that bitcoin can threaten the economy of the country because everyone is free to have bitcoin and bitcoin can not be controlled, it means that the state can be controlled by major bitcoin owners. |
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milandres0207
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February 23, 2018, 02:08:46 AM |
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I think bitcoin is not supported in some countries because they don't even know and understand the real bitcoin and they afraid to invest. But there are no reason to feel afraid because bitcoin is the real digital currency that help us a lot and make us rich.
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nebuch
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Activity: 588
Merit: 11
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February 23, 2018, 02:16:40 AM |
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We don't have any idea in the person using bitcoin that prove will put into jail for six months. But no kidding aside the countries who have like that attitude toward bitcoin is one of the dislikers of bitcoin. The country doesn't want the entry of bitcoin coz they look bitcoin as an enemy to their business and to their own people. They have the fellings of anger to bitcoin. Their thinking is one sided, because if they aren't nor why not accepting bitcoin. But some countries supported bitcoin and love the ways of btc in business.
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sicnarfkswiss
Jr. Member
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Activity: 84
Merit: 5
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February 23, 2018, 02:18:05 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
They didn,t support bitcoin because bitcoin is decentralized currency, no one can control it, not even the government. Its anonymous so the government will be having hard time to collect taxes on this. Government rely on taxes they can get some have good intentions on taxes while others corrupt it. If they cant corrupt it better ban it. Anyway its just my thoughts. |
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Indah_twin
Jr. Member
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Activity: 135
Merit: 3
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February 23, 2018, 02:23:33 AM |
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there may be some countries that have not received bitcoin because they are still afraid of bitcoin because the price can not be controlled and predicted by any party ..
but in Indonesia itself the government is still studying and exploring bitcoin. as well as the results of their studies have had a positive impact on bitcoin and bitcoiners Indonesia .
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mcconah
Jr. Member
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Activity: 187
Merit: 2
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February 23, 2018, 02:59:22 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
yes I think because bitcoin is too risky and may also be worried about bitcoin will disturb the financial stability of a country. |
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Sir Paijoe
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February 23, 2018, 03:01:13 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
They didn,t support bitcoin because bitcoin is decentralized currency, no one can control it, not even the government. Its anonymous so the government will be having hard time to collect taxes on this. Government rely on taxes they can get some have good intentions on taxes while others corrupt it. If they cant corrupt it better ban it. Anyway its just my thoughts. The main problem of bitcoin in addition to decentralization is anonymous, of course the government would not like that bitcoin used by anonymous so that it can be used for money laundering crime, besides bitcoin can only be used on the internet network, so if the government legalize bitcoin then must provide infrastructure that supports internet . |
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Theo222
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February 23, 2018, 03:16:05 AM |
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maybe bitcoin is not famous or no one try to introduce in their country. bitcoin is decentralized currency they think bitcoin can be use for illegal transactions and can be use for scamming. bitcoin is not traceable that why they cant trust it very fast.
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markosimic
Newbie
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Activity: 141
Merit: 0
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February 23, 2018, 05:04:50 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 the electric bill, my room temperature goes high and I get paid. With actually no skill in pc hardware and software. The whole thing is still pretty unclear to me
There are so many factors why Bitcoin is not supported in some countries. What I know is that there is no government that governs the digital currency, then there is no legal regulation about Bitcoin, then Bitcoin prices are very fluctuating and the most influencing factor that we never know how long Bitcoin survive. |
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