Why bitcoin is not supported in some countries?

[Sanitough]

Money laundering, criminal use are some of the reasons why some countries do not support bitcoins.
I think it is silly, though, to show a lack of support for bitcoins.

i think support bitcoin is much more better and i think its not the mistake of bitcoin who says that people using bitcoin as criminals or money laundering , we know that bitcoin have a lot of advantages so we should support bitcoin because bitcoin give us a lot of profit.

We consider bitcoin as money, so as a money it can also be used for criminal activities and I know bitcoin was used for
such in the black market or in the deep/dark web. Now, it is the government function to ensure these illegal activities will be
prevented or if now be stopped.

[scorge]

Because its a new tech  with a new implication. They make their law to protect their currency or anything that may affect them. But i believe once big country already use it, and the application of btc is found in everyday's necessity they will open up and adopt it too. Maybe not all of them but some for sure.

[krankNL]

Because its a new tech  with a new implication. They make their law to protect their currency or anything that may affect them. But i believe once big country already use it, and the application of btc is found in everyday's necessity they will open up and adopt it too. Maybe not all of them but some for sure.

Some governments in Africa are very conservative. In south america too. They don't let people to have their economic freedom by using crypto currencies and they ban it. Simply.

[BeGoods]

Money laundering, criminal use are some of the reasons why some countries do not support bitcoins.
I think it is silly, though, to show a lack of support for bitcoins.

i think support bitcoin is much more better and i think its not the mistake of bitcoin who says that people using bitcoin as criminals or money laundering , we know that bitcoin have a lot of advantages so we should support bitcoin because bitcoin give us a lot of profit.

I think the government also knows that bitcoin also has advantages and advantages that can be gained by many people. But the government will also consider the risks. If they see the risk is too great and detrimental to the state. Of course they will ban bitcoin.

[Mike Mayor]

Money laundering, criminal use are some of the reasons why some countries do not support bitcoins.
I think it is silly, though, to show a lack of support for bitcoins.

i think support bitcoin is much more better and i think its not the mistake of bitcoin who says that people using bitcoin as criminals or money laundering , we know that bitcoin have a lot of advantages so we should support bitcoin because bitcoin give us a lot of profit.

I think the government also knows that bitcoin also has advantages and advantages that can be gained by many people. But the government will also consider the risks. If they see the risk is too great and detrimental to the state. Of course they will ban bitcoin.

I think it's just places like China and communist places like north Korea where they want to control people so a tool of freedom is a big no from them.  Maybe other governments have fear their currency will no longer be used in favour of crypto currency ? I think this is a very real possibility.

[BeGoods]

It's true that Bitkoin isn't supported in some countries. In my opinion, this is due to the fact that their economy is simply not ready for such significant changes.

Yeah for now bitcoin can not be implemented in a country's economic system. Certainly the reason is because bitcoin is anonymous and decentralized. But it may be that a time of regulation has its own strategy for bitcoin to be applied in their country

[chaser15]

It's true that Bitkoin isn't supported in some countries. In my opinion, this is due to the fact that their economy is simply not ready for such significant changes.

Yeah for now bitcoin can not be implemented in a country's economic system. Certainly the reason is because bitcoin is anonymous and decentralized. But it may be that a time of regulation has its own strategy for bitcoin to be applied in their country

Yes it can and the best proof to that are those country who already legalized bitcoin. Once it was became legalized, it's now part of one country's economic system meaning will run like a normal currency.

Prior to the approval, countries that legalized bitcoin already know that bitcoin is somehow can be used on anonymity as it was a decentralized currency that's why there are terms about it so that people can used bitcoin without worrying they will be punish by the law.

[bitbunnny]

Some countries still have wrong opinion about the Bitcoin, they think it's crrated for illegal activities and that can be dangerous for their citizens or economy. So they think they could do something with bans or similar. But this is very wrong and doesn't lead to improvement. We should work on education on raising awareness about positive impacts of Bitcoin.

[NEWGOODOUBLE]

Money laundering, criminal use are some of the reasons why some countries do not support bitcoins.
I think it is silly, though, to show a lack of support for bitcoins.

i think support bitcoin is much more better and i think its not the mistake of bitcoin who says that people using bitcoin as criminals or money laundering , we know that bitcoin have a lot of advantages so we should support bitcoin because bitcoin give us a lot of profit.

Yeah we all know that bitcoin also provides benefits for many people because it provides financial benefits for its users. But if the risks of adopting bitcoin can increase crime and crime in a country. Of course the government will not want it

[millgates]

Some countries still have wrong opinion about the Bitcoin, they think it's crrated for illegal activities and that can be dangerous for their citizens or economy. So they think they could do something with bans or similar. But this is very wrong and doesn't lead to improvement. We should work on education on raising awareness about positive impacts of Bitcoin.

The bad news about bitcoin was influenced people acceptance of bitcoin. Probably if we use bitcoin in positive way more than the negative, it could make people believe that bitcoin is good technology that can help our lives.

[Clavulanic]

Some countries still have wrong opinion about the Bitcoin, they think it's crrated for illegal activities and that can be dangerous for their citizens or economy. So they think they could do something with bans or similar. But this is very wrong and doesn't lead to improvement. We should work on education on raising awareness about positive impacts of Bitcoin.

The bad news about bitcoin was influenced people acceptance of bitcoin. Probably if we use bitcoin in positive way more than the negative, it could make people believe that bitcoin is good technology that can help our lives.

Yes that's a certain idea that we should believe bitcoin will make our lives better because of the investments we have. Those bad news from unreliable media who keeps pushing minds of people being poisoned from their negativities,.doing something to take down digital currency economy. Actually those countries government who doesn't support bitcoin is practically a greed leaders to their country, and they always wanted all just for themselves not thinking the freedom of people for their personal finances to grow; taxes that controls bitcoin will not be transparent to the government. That mind set from those leader will not bring effective economy progress if they continues to remain hesitant to develop digital currency adoption, and yet bitcoin is a developing currency which could possibly improve the lives of the people as well as the economy.

[mornabo]

Money laundering, criminal use are some of the reasons why some countries do not support bitcoins.
I think it is silly, though, to show a lack of support for bitcoins.

i think support bitcoin is much more better and i think its not the mistake of bitcoin who says that people using bitcoin as criminals or money laundering , we know that bitcoin have a lot of advantages so we should support bitcoin because bitcoin give us a lot of profit.

You know that bitcoin has a decentralized and anonymous nature. And it can help criminals in doing criminal things that would harm a country. Although bitcoin has its advantages but if the government gets a loss of course the government will ban bitcoin

[Kotone]

You know that bitcoin has a decentralized and anonymous nature. And it can help criminals in doing criminal things that would harm a country. Although bitcoin has its advantages but if the government gets a loss of course the government will ban bitcoin

I think it should be one of the things thats why government dont want to all citizens to use it. Because they think that people only using in for criminal things and when they want to cauht them they wil hardly to do it. Because bitcoin is anonymous they cant easily track the transactions i think it is one of the reasons.

[Beparanf]

You know that bitcoin has a decentralized and anonymous nature. And it can help criminals in doing criminal things that would harm a country. Although bitcoin has its advantages but if the government gets a loss of course the government will ban bitcoin

I think it should be one of the things thats why government dont want to all citizens to use it. Because they think that people only using in for criminal things and when they want to cauht them they wil hardly to do it. Because bitcoin is anonymous they cant easily track the transactions i think it is one of the reasons.

Bitcoin is for the benefits of everyone ,to help us financially and to keep our tract in our transactions easily, its just that in some countries it was abused and they just want to use it to do illegal things which makes the government implement the banning.

[Cofee.BLUE]

It is because of their government that keeps them away in using bitcoin. We can't do anything about that issue because their government  have already implemented law for this. It might be unfair for somebody because they don't have the freedom to do what they want. Maybe it is just a way of their government of to protect its people because we all know that there are rumors of using technology in crime and corruption.

[TitanGEL]

It is because of their government that keeps them away in using bitcoin. We can't do anything about that issue because their government  have already implemented law for this. It might be unfair for somebody because they don't have the freedom to do what they want. Maybe it is just a way of their government of to protect its people because we all know that there are rumors of using technology in crime and corruption.

Yeah you have a point. I think also the government have wrong information about the bitcoin, they don't know what is the importance of having a bitcoin. I hope in the near future the bitcoin will accept and be legalized by all of the government.

[taliwang]

Because not yet. Or maeby because people views about bitcoin differ. That's why bitcoin has not been accepted i....

[V1saya]

We don't care if these countries won't support bitcoin for as long as they won't prohibit it. More countries and legally accepting bitcoin like Japan, Philippines, India and more to come. Blockchain is the future and these countries will copy it soon.

[erickkyut]

I think bitcoin is not supported in some countries because people educated from medias create the fear about bitcoin

I think it is not because media creates the fear about bitcoin but because media doesn't have any news about bitcoin. Some countries lack knowledge about it and once they gain some information about Bitcoin, I think they will also adapt it.

[Astvile]

Yeah the info you heard is right,bitcoins not being supported by the government of a country is normal,ofcourse a common issue in a government not supporting a local cryptocurrency that is not regulated by anyone,legality issue is the most common thing