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Questat
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March 19, 2018, 06:18:08 AM |
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every country has different rules and they have full rights about it,and there may be several reasons why they resist bitcoin. and some developed countries accept bitcoin perhaps for reasons of technological development and does not cause harm in their country..
Some which are small countries didn't understand well bitcoin so they will not adopt with it and will advise their people to stay way. However, since bitocin is decentralized and anyone can access, those smart people are starting to make it as their investment. |
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1goldhunter001980
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March 19, 2018, 06:24:14 AM |
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Their countries , their laws. It really depends on your definition for not supported too . If we speak about banning then as far as I know I don't think there is a country that actually banned bitcoin , at least nothing official and If there is then Its related to the banking system with one way or another . If its about the lack of usability in ATMs , local shops then there are plenty of countries and It takes time as some countries have more priorities .
Yeah. I support your idea. Moreover, the bitcoin world is perhaps a rather new world for those countries and that they do not yet have the political capital to push for support. |
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Question123
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March 19, 2018, 06:31:22 AM |
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Other country will not supported bitcoin because they did not control bitcoin and they did not manipulate bitcoin . We know thhe bitcoin is very risky investment so that's why you need to invest you can afford to lose because the price decrease fastly. But if you are lucky possible to get a profit if the price increase. We don't know the reason of other country why they did not accept bitcoin.
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amaydel
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March 19, 2018, 06:33:47 AM |
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Some countries do not accept bitcoin. simple. Because they can not control. If the government can not control bitcoin, they will ban.
Because every county has its own perspective about how bitcoin and cryptocurrencies will affect their economy and the whole nation. Some countries see bitcoin as threat to the national security as it can be use to fund terrorism without being traced. |
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Webberson
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March 19, 2018, 06:42:55 AM |
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The major reason i see why bitcoin is not supported in some countries is the fact that they only see the negative effect it would have on their economy, and also the inability to regulate the digital currency. Disregarding the positive effect it would also bring.
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Kayla
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March 19, 2018, 07:20:21 AM |
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I think so. Though we do not commit a crime and do not harm others. Perhaps the government has certain intentions that could cause harm to the state or its people. There is news explaining about bitcoin abuse like the drug business and financing an organization for criminal acts. In addition the government thinks that no one is responsible for bitcoin transactions. So the government must have a good sense of it.
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ostrovagaly
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March 19, 2018, 09:03:35 AM |
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If you look at the infrastructure of some countries, you can first wish to advance in a variety of economic methods and generally improve the system and then already wish to legalize Bitcoin
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Sum24
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March 19, 2018, 09:18:14 PM |
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Some countries do not accept bitcoin. simple. Because they can not control. If the government can not control bitcoin, they will ban.
Bitcoin is in depend currency no none can control it because it has different situation in several country if they will accept bitcoin hen it is good for their economy, increasing demand of bitcoin is the guaranty for people to get fast profit and save income, if they are bitcoin non supporters so they should each about bitcoin I hope they will start love bitcoin and in this kind of placed bitcoin will grow faster than any other investment, we should profit our economy with the acceptance of bitcoin worldwide currency, fame and popularity of bitcoin will be higher more and more. |
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rainezerr401
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March 19, 2018, 09:39:49 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
The availability of cryptocurrency in the market is always depending on the government who are handling countries rules and regulations. It was very obvious that government is really envy of those people who are earning a huge amount of money from investing on bitcoins. |
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Alexis.Nick
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March 20, 2018, 03:04:06 AM |
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Some countries did not support bitcoin because the people in their country used bitcoin in illegal transactions. I heard about this before that some of the illegal transactions were done by using bitcoin. And if I will be the ruler of one country and I found out that this (bitcoin) is the instrument of the bandits in their illegal trade definitely I will do the same. I will also not support that to cut of the bandits illegal transactions. This is really unfair to the users who are using bitcoin in the right way, but they cannot do anything about it. If the country is the one who don’t support unto something surely the only thing you can do is to accept it.
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tats14
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March 20, 2018, 03:05:44 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
Well for my own opinion, bitcoin is a digital currency that you can able to use in some stores or etc. But not all countries accept bitcoin as a currency and it is not easy at all. |
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fortuneteller
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March 20, 2018, 03:50:15 AM |
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I think its for the reason that some countries treat BTC as a threat to their national security or something that could ruin their economy. as we all know no bank has the control on digital currencies, BTC have been rapidly accepted by people and market. Digital currencies made some business transactions at ease to complete, payments can happen anywhere with anyone. come to think of it, if bad people uses it for unlawful activities such as drug trafficking or money laundering or fraud, this would cause chaos. on the other side BTC is a signature of a growing economy and an easier profitable life. yet it all depends on how a country look at it. as long as it is used for the betterment of the people its fine.
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aoebtc01
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March 20, 2018, 03:53:20 AM |
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Personally, I think we are not that far away from the day goverment will accept Bitcoin as one of assets which is use popular in the world.
Nowaday, more people touch and understand information of Bitcoin, they use it to earn money and hard to leave it... or other way to mean that goverment can't stop it, just accept it only...
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Kunle1christ2
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March 20, 2018, 03:59:06 AM |
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I think many of these countries have not really gotten what bitcoin really is and the good use it can be put to.The fear of the sudden rise n popularity of it is especially being feared by government in my country. They feared the sudden wealth with which its bringing.  |
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quymn9
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March 20, 2018, 04:02:46 AM |
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Because bitcoin's decentralization makes it difficult to control the bitcoin market, and bitcoin is still developing, it is difficult for the state to formulate relevant policies, so all major countries are afraid to introduce Bitcoin at will.
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Markpet01
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March 20, 2018, 04:10:35 AM |
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Why bitcoin is not supported in some countries because it's risky and it doesn't have taxes that why they do not support the bitcoin.
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mix max
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March 20, 2018, 04:13:27 AM |
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Because it is not an easy job to legalise and make a policy for bitcoin. A government will be very hard in controlling bitcoin because the bitcoin cannot be controlled.
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joshua05
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March 20, 2018, 04:24:30 AM |
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In different countries, they have different perceptions on which they view their own basis and calculations. The fact that, they haven't really accepted and supporting bitcoin because of security issues are the ones that are holding them back in having bitcoin. In some countries they are gravitated with negative and closed minds which thinks that maybe, bitcoin and the other cryptocurrencies are a criminal tool. However, we must look on to the brighter side on which bitcoin is gladly accepted by other countries which are really open minded on how bitcoin and this new era of currency made a great mark in this banking industry.
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Birdiebig
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March 20, 2018, 04:31:53 AM |
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The journey brings a technological revolution to break the barriers from the old rules. bitcoin has many doubts about the performance and purpose of its creator. The government is responsible if they support bitcoin for their people. Therefore, there is a reason for them to consider and limit the influence of bitcoin by the rules from centralized management. Bitcoins can affect the economy and trade of some countries. https://coinreport.net/coin-101/accepting-bitcoin/ |
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xk85jq
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March 20, 2018, 04:36:22 AM |
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for me, some country not support bitcoin because the leaders was controlled the economy of his country not the government itself if they accepted bitcoin by not regulate by that cuntry maybe we little effect w the country interm of economy balance. so we need a regulatory body to regulate a law interm of taxation in every country .are you allow bitcoin have taxation?
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