Akash1243
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September 13, 2017, 08:18:50 PM |
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There are many reasons why some countries don't support or legalised bitcoins.They can't control bitcoins as bitcoins are decentralised which is kind of threat to the governments and they are afraid that it can increase illegal activities because of bitcoins anonymity nature.Also that many people don't know about it yet bitcoins are still in developing stage and is very volatile and unstable so some governments are trying to stay way from Bitcoins.
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basyang
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September 13, 2017, 10:14:02 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
In my opinion, There has a reason to do not support bitcoin in their own country. It is there Country and it is there law so we need to respect it. I know they are reasons to do it. And we can not blame them to not support bitcoin, Well I think they did not see the importance of bitcoin the way we see it and the opportunity of using bitcoin as a cryptocurrency.
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novhitadaloma
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September 13, 2017, 10:21:50 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
Really it's a very intimidating rule of cryptocurrency users. But it is imposed due to the use of bitcoin misuse, money laundering done by BTC-e, and there are some people who use bitcoin to gamble, buy drugs and other activities that are pornographic.
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Rebisco
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September 13, 2017, 10:32:18 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
I think the bitcoins is not supported in other countries because they know that bitcoin has many disadvantages and also the government of they have are not yet full informed to what is bitcoin.
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nethan1btc
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September 13, 2017, 10:52:47 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
I think the bitcoins is not supported in other countries because they know that bitcoin has many disadvantages and also the government of they have are not yet full informed to what is bitcoin. I think it's probably because of business that's the one of a reason why other nations is not yet supporting bitcoin.And as fas as I know, most countries do not yet have well-defined regulations regarding the use of Bitcoin, so I could not say that Bitcoin is not supported by most countries, nor would it make much sense to say that such countries are supporting the use of the currency.They think bitcoin can affect their business economy, consequently they're doing everything in which bitcoin can't enter to their country.
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Gaff
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September 13, 2017, 11:01:17 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
I think the bitcoins is not supported in other countries because they know that bitcoin has many disadvantages and also the government of they have are not yet full informed to what is bitcoin. I think it's probably because of business that's the one of a reason why other nations is not yet supporting bitcoin.And as fas as I know, most countries do not yet have well-defined regulations regarding the use of Bitcoin, so I could not say that Bitcoin is not supported by most countries, nor would it make much sense to say that such countries are supporting the use of the currency.They think bitcoin can affect their business economy, consequently they're doing everything in which bitcoin can't enter to their country. Yes I agree that some countries were not positive witbmh the visions of bitcoin and it's a conflict to their economic growth. That's the main reason why they're not recognizing nor accepting bitcoin as payments and this currency isn't stable, so the're afraid that it might crash the economy due to bitcoin's price volatility.
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aryaadikariyansyahsuwarto
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This Is Promissing Project
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September 13, 2017, 11:19:47 PM |
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it is true, in certain countries are not allowed to use or do bitcoin transactions, and it is already there are ordered the country, and some even punish if caught doing the transaction. So our attitude adjusts, if indeed our country should not, then we must behave as good citizens, and not violate the rules that have been made by the country
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pancawati77
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September 13, 2017, 11:42:44 PM |
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They do not support the existence of bitcoin as a threat to the financial eye value in government as well as the transactional system openly, but if the tax will be very influential and criminality increases in all forms illegal. On the other hand bitcoin is very useful if used positively.
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jerowacik
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September 13, 2017, 11:49:23 PM |
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it is true, in certain countries are not allowed to use or do bitcoin transactions, and it is already there are ordered the country, and some even punish if caught doing the transaction. So our attitude adjusts, if indeed our country should not, then we must behave as good citizens, and not violate the rules that have been made by the country
bitcoin contains elements of freedom. besides the nature of bitcoin is anonymouse so we are free to use bitcoin, I think that when I can use bitocin for positive action then I have right to use bitcoin. if everything becomes easy with bitcoin then why do not we do it.
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dificanovi
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September 14, 2017, 03:58:11 AM |
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I do not think bitcoin has been received in many countries because they already have official money from their own country. bitcoin is still not recognized, then if one of the countries have inaugurated bitcoin and neighboring countries have not formalize bitcoin it will complicate the process of exchange of bitcoin in neighboring countries, therefore bitcoin has not been accepted in various countries.
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Bagong91
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September 14, 2017, 05:11:14 AM |
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the state has own policies in governing its people, so if there are some countries that imprison someone plays bitcoin it's possible the coutry's policy is like that. if the loss in bussines is normal.
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Japinat
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September 14, 2017, 05:29:03 AM |
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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. As we all know bitcoin is originally created for underground transaction so their government is prohibiting people from using it.
It's their job to prevent money laundering and they have the power to create a policy in order to implement their will, however it's not fair to ban bitcoin if they cannot find a way to stop this kind of illegal activities. Bitcoin can be used for illegal activities but monero is surely the top of it because its transactions are untraceable.
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corroze
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September 14, 2017, 05:34:00 AM |
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each country has a different policy on the regulations applicable to currency legalization, with the legality of bitcoin not yet official as currency in this country, perhaps the government is still studying and considering its performance and the effect that will occur from the legalization of bitcoin
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romeitaly
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September 14, 2017, 05:55:05 AM |
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Maybe some countries doesn't know about bitcoin yet, and some maybe is not open for a change in their country. It all depends on the government of the country you are living in. Let them take their time to understand and know more about bitcoin. Sooner or later maybe these countries that do not support bitcoin will be using and legalizing bitcoins soon.
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Cazkys
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September 15, 2017, 08:57:28 AM |
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My personal opinion about this question about some countries not yet accepting Bitcoin or not yet recognizing Bitcoin is that since what I know is in economic view a governments lifeblood came from taxes and implementing taxes in wages and other goods gives a government funds that they can use for infrastructure or other expenditure. But since Bitcoin as of this time can be mandated or controlled by a government yet means they cant collect any taxes. For me I think that would be one of the main reason for the other countries to not accept Bitcoins.
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Rojectime
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September 16, 2017, 04:35:14 PM |
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A lot of of the purpose as to why some nations don't assist bitcoin is mainly simply because the Federal government fears that they will drop the manage in excess of the cash supply as well as of the financial system. They management every person in the region by manage the income source. and bitcoin tries to crack this handle of the point out.
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Piesel
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September 17, 2017, 06:41:40 AM |
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Bitcoin is not supported by goverment in many countries simply because they want to control the cash and Bitcoin can not be controled because it is decentralized. I do not think that several countries ban Bitcoins and some folks use it even if it is banned in their place. You just require net relationship, so it can be utilised almost just about everywhere.
True. If their citizen use Bitcoin too much, their unit of currency will lose price. There are a lot of reasons that the governments don't accept to use Bitcoin. They even arrest who dare to use Bitcoin in their country. I hope in the future Bitcoin will be supported all country in the world.
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ezajavo
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September 17, 2017, 07:17:19 AM |
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I do not even know if my country supports bitcoin or not lol. because in my country, bitcoin is not popular. only popular among young people, and here the population of old, young is not small. (internet users are also more young people. ) new things that look foreign matter. but as long as it does not harm others, no one forbids. unless it is a gamble. for people who just glance at it will think it's something like "gambling" but they do not know if bitcoin can work like a bank. although I myself prefer banks than bitcoins .. bitcoin needs more advertising.
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untugede
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September 17, 2017, 07:34:49 AM |
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in every country have its own rules there are legalized bitcoin, for example russia and japan they legalize bitcoin, and some also prohibit the use of bitcoin for example China. and many countries are just observing how bitcoin develops
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poetra2501
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September 17, 2017, 07:45:26 AM |
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Bitcoin is not supported by goverment in many countries simply because they want to control the cash and Bitcoin can not be controled because it is decentralized. I do not think that several countries ban Bitcoins and some folks use it even if it is banned in their place. You just require net relationship, so it can be utilised almost just about everywhere.
True. If their citizen use Bitcoin too much, their unit of currency will lose price. There are a lot of reasons that the governments don't accept to use Bitcoin. They even arrest who dare to use Bitcoin in their country. I hope in the future Bitcoin will be supported all country in the world. In fact the Government wants to master and control the Bitcoin, so they can freely set the price as fiat money, but due to Bitcoin is decentralization system so that the Government can not control and set the Bitcoin. For this reason may be that making Government does not support Bitcoin.
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