Why bitcoin is not supported in some countries?

[Sanitough]

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.

The government are not willing for changes yet, most countries who are not into technology will have a slow progress in the economy but I
believe in the future to come they will definitely gonna adopt for this changes and bitcoin will be something that is recognize as one of the
most valuable currency in the world of crypto currencies or decentralization.

[1715223371]

1715223371

[crwth]

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.

The government are not willing for changes yet, most countries who are not into technology will have a slow progress in the economy but I
believe in the future to come they will definitely gonna adopt for this changes and bitcoin will be something that is recognize as one of the
most valuable currency in the world of crypto currencies or decentralization.

That's how they think they are protecting their citizens but they are just stopping the growth and letting the citizens not know what it is about or probably they mock bitcoin and say that it's a bad thing for the people. We probably know a person who doesn't support it or just really negative about improvements.

[yoseph]

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

Actually each country have their own policy maybe the government are concerned will many wiping the money or commonly known as money laundering. fair or not that's what we have to face because until now the existence of bitcoin is still not recognized.

Money laundering is a very serious crime in every country and without doubt, bitcoin is the best way for criminals to launder the money, But these governments should also realise that there are positives when it comes to bitcoins and other cryptocurrencies. They should give it a chance and make their citizens rich or earn some earnings since am sure they are a lot of jobless people in every country.

[tinhyeumaunang]

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 have their own laws, as well as their views on the future path of the country. We can not know what they think, but it is their decision.

[aysg76]

Every country have there laws and there own rules and regulations. Some of them disbelieve in accepting in bitcoins due to its volatile nature and lack of awareness among the people, moreover due to its decentralization property.

[Sarah08]

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

As we all know the bitcoin really will not be available in some other countries because of the some government issues also like the north korea the people in there are dont allowed to access the internrt also there are country that just dont thrust bitcoin.

[loopes]

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

Actually each country have their own policy maybe the government are concerned will many wiping the money or commonly known as money laundering. fair or not that's what we have to face because until now the existence of bitcoin is still not recognized.

Money laundering is a very serious crime in every country and without doubt, bitcoin is the best way for criminals to launder the money, But these governments should also realise that there are positives when it comes to bitcoins and other cryptocurrencies. They should give it a chance and make their citizens rich or earn some earnings since am sure they are a lot of jobless people in every country.

yeah money laundering makes money from illegal activities or results from crimes seems legal. so i have no doubt if bitcoin not supported in some countries who try to reduce money laundry through bitcoin.

[Anyobsss]

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.

bitcoin is banned by some countries like bangladesh,thailand, vietnam and etc.  for the reason that the transaction with bitcoins is anonymous thus, it enables fraud and other criminal activities such as money laundering, drug trafficking, tax evasion and illegal payment. In bangladesh trading in bitcoin and other digital currency is prohibited and if you're caught doing so, the punishment is imprisonment for up to 12 years.

[Nameless27]

Most countries who don't support biction are those who think bitcoin as a risk. They can't really control bitcoin in so many ways other than stopping it. That's a sad truth about bitcoin but things might change depends the clamore of its cetizen of that country.

[nguyen linh]

In some countries, bitcoin is not supported because some people can use Bitcoin as form of laundering. Criminals easily make illegal

[pitiflin]

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 a country's point of view maybe its right for Bitcoin not supported because of the reasons why:-
Anonymity can cause a lot of troubles for a country, any fraud can use Bitcoin for his payment,for example Wannacry Ransomware attacker/s . Price is high ,they seem to get a reasonable profit.
Also people go for mining not because they know about it, they think they can earn money easily. But only experience will make them realise that bitcoin is not everyone's cup of tea.

[Webetcoins]

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.

bitcoin is the digital currency and it is dependent on the internet to be veiled so I think if a country is carrying internet access then it will surely support bitcoin and if the country is not supporting then there could be some reason as they may not have net in their areas or maybe they are afraid of loss but I think they should not be afraid and now thanks to bitcoin that its really beneficial and a lot of countries are accepting it.

[coinluisa]

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

Some countries have own law or bitcoin not legal to there country.  And yes bitcoin is risky that's why some countries not supported bitcoin. There's so many reasons why they not supported bitcoin. And we cannot say what the reason  of some countries why don't they support the bitcoin. I'm glad that bitcoin is legal to my country so i have some extra income because of bitcoin.

[Gaff]

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

Some countries have own law or bitcoin not legal to there country.  And yes bitcoin is risky that's why some countries not supported bitcoin. There's so many reasons why they not supported bitcoin. And we cannot say what the reason  of some countries why don't they support the bitcoin. I'm glad that bitcoin is legal to my country so i have some extra income because of bitcoin.

That's so nice of your country. In my case it's still not legal but we are converting it in our local currency. I just like the thought that it is useful because it varies in its usage like remittance, buying load for phones especially when using an available wallet. It's so handy because it's just through wallet transaction from bitcoin. So maybe someday my country bitcoin will be legalized and rest of the countries.

[PacePay]

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

Some countries have own law or bitcoin not legal to there country.  And yes bitcoin is risky that's why some countries not supported bitcoin. There's so many reasons why they not supported bitcoin. And we cannot say what the reason  of some countries why don't they support the bitcoin. I'm glad that bitcoin is legal to my country so i have some extra income because of bitcoin.

I think these countries do not now about bitcoin or do not have knowledge about to understand and run bitcoin in their countries that is why they cannot and do not support bitcoin in their countries and do not want their citizens to use it. If they will get knowledge then they will know that how much is it beneficial.

[doedz]

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

Some countries have own law or bitcoin not legal to there country.  And yes bitcoin is risky that's why some countries not supported bitcoin. There's so many reasons why they not supported bitcoin. And we cannot say what the reason  of some countries why don't they support the bitcoin. I'm glad that bitcoin is legal to my country so i have some extra income because of bitcoin.

I think these countries do not now about bitcoin or do not have knowledge about to understand and run bitcoin in their countries that is why they cannot and do not support bitcoin in their countries and do not want their citizens to use it. If they will get knowledge then they will know that how much is it beneficial.

Politics could be the reason why the country does not accept Bitcoin. There are many countries that are anti-American and anti-European.
Using American products is considered to support American policy.
It is very likely to happen.

[Watcher12]

Their country decided not to support it and so it goes, we don't know what they had in mind

[pathapoddo]

I don't think so there is any country who has banned bitcoin.yes some.country don't know about bitcoin so mich..even in my country too.....because in my country there is so many people who are out of internet connection. just we know who are in under internet connection..so it can possible that bitcoin is not in many country.

[Bone Collector]

Some countries dont adopt bitcoin because they feel uncomfortable using it. The decentralized thing is one of the main reasons that they allow it to be used by public because they don't have the control over it or they have no laws that regulates it. Some other reasons it could be a device for money laundering.

[s31joemhar]

I think they think bitcoin is a big scam so they not want to accept bitcoin on there country ...