Why bitcoin is not supported in some countries?

[CheatingBIossom]

bitcoin isn't backed in some nations because of the misunderstanding about cryptocurrency and cryptography. People educated from medias create the worry about bitcoin

[freedomgo]

Bitcoin is not supported in other countries because of misconceptions and it might be a tool to make illegal transactions, such as money laundering, drug trafficking, tax evasion, and illegal payment due to its user are remains anonymous,

It can be use for illegal activities and if they do not have the tools to combat this illegal transaction then there final decision
would be to ban it. Actually they didn't think the positive output in their economy when using bitcoin, if only they will conduct a thorough research
before making a decision to ban bitcoin then they might see the real opportunity of using bitcoin.

[sorrowfulnightcries]

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, maybe their government is afraid of what can happen if bitcoin was used for illegal activities. But, I think that they are already going too far. I mean, some bitcoiners out there were    already rich, but they are not using those to do some illegal activities(buying drugs, etc) instead they are doing it to earn money for themselves and their family. So, I think that instead they ban bitcoins, why don’t the government use it to improve their economy(it could be a great help if they did it right).                                                   
                                                   

[Magkirap]

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 and other cryptocurrencies have potential, good and bad, opportunity and threat. Even though we all can see that bitcoin have great opportunity for the economic status of the country, the government is still more concerned to the potential threat of cryptocurrency in regards to illegal transactions.

[DIMKAZDS]

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 and other cryptocurrencies have potential, good and bad, opportunity and threat. Even though we all can see that bitcoin have great opportunity for the economic status of the country, the government is still more concerned to the potential threat of cryptocurrency in regards to illegal transactions.

Though bitcoin has a very big potential and is the leading cryptocurrency today,it is still not accepted in many countries or nations.Since it is not controlled by any central bank or any government,it can lead to fraud.It requires internet accessibility and knowledge about how to operate it.People in many nations have not even heard about bitcoin.They depend upon fiat currency.Digitization is still a long way to come.Physical money is what people use for day to day purposes.

[hahay]

Probably because the spread of bitcoin is still not comprehensive so bitcoin has not been accepted in many countries, but apart from that, I'm sure everyone in every country know about bitcoin and have used it. Bitcoin is also very anonymous, so transacting using bitcoin is highly suspect to negative things.

[Kurokonobasuke]

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

There are different laws in every country. That's their decision if they will ban Bitcoin together with other cryptocurrency. Maybe it is because they don't believe on the benefits of cyptocurrency and since it is decentralized. it is a victim of misconception and oftenly called as scam or fraud.

[Naoko]

I think that it's not reason that the state doesn't believe in the advantages of the cryptocurrency, but rather the reason that it is decentralized and they will not be able to control it....why don't they come up with 'If you can't win - become a leader'...it would be reasonable

[antelopez]

Because not all countries trust it and some countries just do not want their citizens to be rich other countries have wars like Palestine and Israel they can not do anything about it every country has its own problems.

[taxmanmt5]

Its a big fact of bitcoins.As you know nobody's can control the bitcoin so some people start using for scamming money laundering and drugs. Believe me there's some disadvantage of bitcoins and due to the reputation some countries start banned it. But then the world does not end here. We need to think how can we overcome the disadvantages of bitcoin and use it for good purpose only.

[patz22]

The only thing that comes into my mind that the reason why Bitcoin is not supported in some countries because of the technology that they have: say internet access is not that fast or this was not yet discovered by their people or there's a possibility that their own government blocked this trend to ensure the security risk.

[cikarak]

because this is a new one in the history of human life.

[Habakkuk77]

Some countries don't allow bitcoin because they are afraid,
 because they think that if all people use bitcoin it might affect the government and the society.
Countries do not trust bitcoin because they think it is just an scam and it will lead the people into destruction but it is not true. 

[markdario112616]

There are a lot of reasons why such country doesn't support Bitcoin. As I see it, The people of the Government see that the legality of Bitcoin could be a hindrance for them. Why? Government officials are subject to disclose their assets in public which will be a threat for them. The improper declaration of their assets could cost them there position. Even though, The legalization of Bitcoin should be in favor for them. But not all Government officials are into the cryptocurrencies in which they will set that regulates the transaction of each and every one in that country. Stating that, Those Government officials who are preventing the legality of Bitcoin know the consequences once the law is passed and started to be regulated.

[kafnan]

I am very upset because Bitcoin is not legal in my country.I
want to allways Bitcoin support in my country.I hope One day Bitcoin support my country.

Bitcoin Have many issue for not supporting bitcoin,
cause every country want reputation her country money also her own policies that use. And govt can't take any risk.

[intel86]

perhaps because it makes its citizens lazy to work using muscles and fear more focus in front of the screen to get the money that he thinks bitcoin play easier to achieve success.

[bitfornewbs]

It is hard to trust really for the government with something so trivial and something that they can't regulate in their point of view that’s why some country didn’t support bitcoins. Luckily to other country who were supporting about bitcoin, they really recognizing and legalizing Bitcoin because they see its potential and can truly help them in the financial crisis. I just hope that other countries may see it as well and think about what can bitcoin contribute to their society especially to its country.

[siddu67]

Bitcoin is not supported in some countries the reason bitcoin better for today not for future
if you think why i m says that??
 my opinion,anyone can't say about bitcoin future... or acceptable some country already banded bitcoin.
Is it because bitcoin is risky but not for today
even Some countries declare 6 months jail if her people use bitcoin..it's true news.
 it don't fair for freedom countries .  
from my personal opinion you don't get any clear news about bitcoin future .

[Wyne]

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 other countries because bitcoin cannot controlled by their government.  Instead their people will invest in banks or other tangible business, they will rather invest in bitcoin.  If that happen, the possible income of the government through their tax will decrease.  But putting in jail because of using bitcoin is not fair.  I guess using bitcoin should not be considered as criminal action.  It rather be considered as a tool in helping people to increase their income. I hope those country will see the brighter side of bitcoin.

[Zigzagkuy]

Some countries are afraid of bitcoin  because it will cause some illegal actions such as laundering black money, purchase of drugs and weapons, illegal money transference to foreign countries. Beside that the government will lose taxes from bitcoin transactions because bitcoin is decentralized and is not controlled by financial offices of government.