guojii
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March 30, 2018, 03:43:30 AM |
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The appearance of a new thing is a blank in the laws of each country. They need a lot of time to study the risks. After fully understanding, they will be sure that if you say support or not, the current attitude will not be counted. Bright, except Japan
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Xavierfr12
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March 30, 2018, 06:35:08 AM |
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i think because of their bank is not counted the bitcoin cash and their bank is going to low budget or their government is no trust to bitcoin.
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Cointertrade
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March 30, 2018, 06:42:02 AM |
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Those countries fear that Bitcoin will make their economy to go down. Also several taxation problems have been their, as people prefer Bitcoin to escape taxes. Possibly when things go digitalized countries will use Bitcoin's technology to make their own digital currency.
i really dont know the real and the exact reason why other country dont support bitcoin maybe because i think they know that bitcoin is a scam but they dont know what bitcoin can give and what opportunity given to the country but rather they dont know what was bitcoin all about and maybe also they are following their laws. |
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collins3
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March 30, 2018, 06:48:41 AM |
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As far as I know, some countries have policies that encourage the development of Bitcoin as a policy promoting the economy. But there are also some countries with strict regulations that prohibit Bitcoin as social vices of drugs and alcohol. Countries also banned Bitcoin because uncertainty about the risks, Bitcoin non-governmental nature ... and another reason is that the government has not levied Bitcoin.
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jepoyr1
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March 30, 2018, 07:13:12 AM |
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This is probably the most controversial issue with bitcoin, the fact it isn't regulated and anonymous this leads to significant regulating issues with countries trying to have complete control on the Tx's in their countries like India and Russia/China.
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Chooroz
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March 30, 2018, 07:41:51 AM |
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This is probably the most controversial issue with bitcoin, the fact it isn't regulated and anonymous this leads to significant regulating issues with countries trying to have complete control on the Tx's in their countries like India and Russia/China.
I think some countries is still not supporting bitcoin because they dont want that bitcoin is will be used by all people on there country, and for me some countries dont want that bitcoin will replace the physical money in the future that's why bitcoin was not supported by some countries. |
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fonenumba
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March 30, 2018, 07:43:45 AM |
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Because some countrys still thinking that bitcoin is bubble and use only for selling drugs and weapos or terrorysm financing , but soon they will see how new countrys accept cryptocurrency and bitcoin and will let the same things in nearest future.
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Joylee
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March 30, 2018, 07:44:52 AM |
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It is probably because of business that's the number one reason why other nations is not supporting bitcoin, They think bitcoin can affect their business economy, consequently, they're doing everything in which bitcoin can't enter to their country, maybe it is also a threat for them too.
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pleght
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March 30, 2018, 08:34:58 AM |
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Bitcoin is not good for the country's economies. For this reason some countries do not support bitcoin. They are afraid of bitcoin.But I think this is a very normal thing, and I think this is going to happen.
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Danish Mohiuddin
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March 30, 2018, 08:37:48 AM |
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Countries feels their legitimacy to rule over the people will be lost if they promote Bitcoin as an legal method that's why they get bothered on hearing about Bitcoin adoption in their country.
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Coins and Hardwork
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March 30, 2018, 08:40:08 AM |
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Because some countrys still thinking that bitcoin is bubble and use only for selling drugs and weapos or terrorysm financing , but soon they will see how new countrys accept cryptocurrency and bitcoin and will let the same things in nearest future.
It is either they ban Bitcoin or they regulate it. In our country, Bitcoin is being regulated and I think that is great since there are a lot of people that are taking advantage of it since we are a third world country. But I don't think that they will regret their decision since have a point of banning it and I we are lucky that our government regulated and not banned it. |
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juliopirlo
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March 30, 2018, 03:08:22 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
From some sources in the media it appears that this ban is due to government concerns in some countries will tax fraud, worry about Cryptocurrency fraud, bitcoin hacking and avoid money laundering. digital currency tension becomes a crucial point of global demand for digital currency transparency . |
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Cheenguboc143
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March 30, 2018, 03:25:14 PM |
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Because of the bitcoin's legality to other countries ,the issue of no protections for either the consumer or the merchant, and that its use as payment is completely discretionary.some countries believes that cryptocurrencies are not yet mature enough for regulation ( although with bitcoin almost 10 years old, one is left wondering when we will know it has reached sufficient maturity).
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popoyuyun
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April 01, 2018, 02:33:28 PM |
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It's because the government doesn't want to have a thing in their country that they themselves can't even control it. Because of the decentralization of Bitcoin that's why some governments do not agree for that currency to be used in their country, it's just too risky for them.
However, there are still some governments that know about the important of this currency. Because even tho if they do not support Bitcoin now people would still use it in some way, cuz nothing can stop people to keep using it..
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turbanto
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April 01, 2018, 06:09:02 PM |
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Yes, some countries have imposed a ban on cryptocurrency, and some impose restrictions. this is from the fact that countries can not control the cryptocurrency and try to stop illegal transactions
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Ianhadi
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April 01, 2018, 06:27:08 PM |
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I really do not know what is the possible reason why bitcoin has not been supported in some countries, but perhaps of course because government decentralization can not enforce taxes on it, I think that is a common reason and public opinion, given when there are almost similar questions like this.
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play1ife
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April 01, 2018, 06:32:29 PM |
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Yeah, Bitcoin is not supported in many countries. Many people even do not understand what Bitcoin and blockchain technology is.
So Bitcoin will take time to be adopted worldwide.
And of course money laundering, criminal use are some of the reasons why some countries do not support bitcoins.
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Kaan53
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April 01, 2018, 06:36:00 PM |
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Why Bitcoin is not supported in some countries because Bitcoini thinks it is a hoax and I think people are being scammed.
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Titanos
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April 01, 2018, 06:45:41 PM |
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It really sucks but i don't know how the government can catch you using Bitcoin or other cryptocurrency.
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CoinboyBebop
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April 01, 2018, 06:55:34 PM |
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The problem is that the most countrys that are not supporting cryptocurrencies or even bann them are mostly 3rd world countrys. So these gouverments has not the technical know how, to know what cryptocurrencies is. So they just hear some bad things about, they are mostly not open for new technologies, and before the people will use them, they just bann it. But countrys with insecure currencies could get the most profit from crpytocurrencies. But they dont want to do researches about.
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