xiguadady
Newbie
Offline
Activity: 41
Merit: 0
|
|
January 17, 2018, 11:30:15 AM |
|
its a threat to them on their governance.but someday bitcoin will change the world like internet do.what we need to do is waiting...
|
|
|
|
HalfDeck
|
|
January 17, 2018, 08:08:27 PM |
|
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
Definetly some other countries not supported bitcoin because for them its not profitable to there country,and cryptocurrency is not taxable so they should not benefited all the profits coming from the crypto,and mostly bitcoin is decentralized and volatile thats why they cannot control the pump and dump of value of cryptocoins,that mostly the reason why they should not supported digital currency into there country. Support cryptocurrency or Bitcoin is very difficult. First of all, if you want to manage the cryptocurrency and tax the crypto user, you need to know the information of all user and the profit of them to calculate the tax. It needs the exchange can provide all information to government and the user also used these exchange + verified KYC.
|
|
|
|
RVA
Newbie
Offline
Activity: 178
Merit: 0
|
|
January 17, 2018, 08:26:40 PM |
|
These countries are afraid that their banking system will begin to fall apart, they can not control bitcoins and this frightens them, for this they need to create their own digital currencies.
|
|
|
|
Hobo66
|
|
January 17, 2018, 08:27:05 PM |
|
Because most government see bitcoin has an ponzi scheme for stealing users money, so they ban the use of bitcoin in various country to prevent their country man from getting involve with bitcoin.
|
|
|
|
xxlouisxx
Member
Offline
Activity: 210
Merit: 10
|
|
January 17, 2018, 08:37:58 PM |
|
Many countries do not support bitcoin. My country is an example. They do not consider bitcoin a commodity. bitcoin is not valid and will be caught if bitcoin transactions. understandable, if a country can not manage bitcoin. They will ban the law
|
|
|
|
dyewic
|
|
January 18, 2018, 05:56:11 AM |
|
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.
On my opinion I think that, there are actualy just a few countries where Bitcoin is actualy supported in legal way. And all others are just tolerating or ignoring it or it's banned. In addition, each country has rules and laws, respectively. There is a consideration that is certainly very important. But I also agree on your opinion that, those countries fear that Bitcoin will make their economy to go down. And also several taxation problems have been their, as people prefer Bitcoin to escape taxes.
|
|
|
|
Djbeats
Newbie
Offline
Activity: 37
Merit: 0
|
|
January 18, 2018, 06:13:08 AM |
|
Why bitcoin is not supported in some countries? But why? In some countries their have a policy because bitcoin is illegal in some countries and many countries banned the bitcoin
|
|
|
|
trickee
Member
Offline
Activity: 168
Merit: 11
|
|
January 18, 2018, 06:35:13 AM |
|
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
maybe it is risky or maybe they thought this is a scam or they thinking that when people know about bitcoin people will going to be lazy because when they joined bitcoin all they have to do is to wait their income so they would be lazy to find a job.Or they do not their neighbors to be rich because they want only be the rich it is unfair.here in my country several times the bitcoin is in News and they are explaining what bitcoin is and bitcoin is not a scam so i think bitcoin is welcome in my country.
|
|
|
|
Cryptron
Newbie
Offline
Activity: 53
Merit: 0
|
|
January 23, 2018, 11:53:47 AM |
|
It is the fact that Bitcoin cant be control or manipulate that why the government cant give a tax to it. Also their are countries that not yet develop in terms of technology like free wifi in public places or stuffs.
|
|
|
|
AltheaHeart14
Jr. Member
Offline
Activity: 76
Merit: 1
|
|
January 24, 2018, 12:11:31 AM |
|
One of the reason why some countries do not supported bitcoin is taxation, the its government has lots of issues regarding hiw to put tax on bitcoin, and it is a bit risky on part the government, because of the bitcoin can be use on dark or illegal transaction, but in the part of butcoin user is a great opportunity and gives income that hopely considered by the government.
|
● ALAX.io | The Blockchain App Store Designed for Gamers █ ██████████ █ TGE 17th Apr █ ██████████ █
|
|
|
dyablo
Member
Offline
Activity: 191
Merit: 10
|
|
January 24, 2018, 01:04:08 AM Last edit: January 24, 2018, 01:19:37 AM by dyablo |
|
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. Another thing why other country do not support bitcoin because their government can't impose taxes from any transaction happens using bitcoin. And also they are afraid that bitcoin can be used to buy illegal products in the blackmarket.
|
|
|
|
ngerok
|
|
January 24, 2018, 01:18:04 AM |
|
Why bitcoin is not supported in some countries? But why? In some countries their have a policy because bitcoin is illegal in some countries and many countries banned the bitcoin
maybe, the country that prohibits Bitcoin is worried if Bitcoin will be used for negative things like funding illegal weapons and money laundering because Bitcoin transactions are very secret. in my country Bitcoin also not yet legal and still under consideration by the government
|
|
|
|
bapetdik
|
|
January 24, 2018, 01:23:00 AM |
|
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
Each country has different policies and regulations. In my country it is now warned that investing in bitcoin is at risk because the price is unstable. Yet many people in my country keep investing on bitcoins. Yes indeed every country has a different principle.
|
|
|
|
Chainblock
|
|
January 24, 2018, 01:23:30 AM |
|
All dark deeds have their share of the banks and the Government, together with the banking system will greatly affect the progress in bitcoin mass. Therefore, the interests of users and countries do not coincide.
|
|
|
|
odakorlina
Member
Offline
Activity: 280
Merit: 10
|
|
January 24, 2018, 01:30:29 AM |
|
Governments of some countries are not supporting bitcoin because of their policy which is meant purposely to to check bitcoin investor or maybe they fear of losing their revenues which they get from taxes. I'm sure the public education about bitcoin will have a positive impact on the economy of a country.
|
|
|
|
yuyuchain
Member
Offline
Activity: 102
Merit: 14
|
|
January 24, 2018, 02:08:33 AM |
|
Because bitcoin is a decentralized digital currency, the government has a hard time controlling it and taxes have not got a good levy rate, so some countries choose to ban Bitcoin.
|
|
|
|
nianshaoqingkuang
Newbie
Offline
Activity: 25
Merit: 0
|
|
January 24, 2018, 02:14:05 AM |
|
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
Very simple, all the governments of the country can not give up the right to coin, the government control the right to coin, in order to grasp the right to speak in the economic field, in order to stable management of the country
|
|
|
|
mkhadazz
|
|
January 24, 2018, 02:20:39 AM |
|
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 may be many reasons given by the country for resisting bitcoin may be the country is afraid of inflation with the country's currency or the country is afraid to launder money for irresponsible people or may also be afraid as a fundraiser for certain people to commit a crime
|
|
|
|
dhrazzen
Member
Offline
Activity: 266
Merit: 10
|
|
January 24, 2018, 11:45:26 AM |
|
Bitcoin is not supported by some countries for some reasonable and acceptable reasons. The laws, rules and the principle of the leader affects why they don't support bitcoin. We all know that bitcoin really help the people but we cannot judge the country who didn't support bitcoin nor ban bitcoin. They also think not just the good side or advantage of bitcoin but also the bad effects or disadvantage it may give to the country.
|
|
|
|
stely
Jr. Member
Offline
Activity: 126
Merit: 1
|
|
January 24, 2018, 11:52:55 AM |
|
some countries think that bitcoin is very risky, difficult to control, and risky when used by irresponsible elements. this is what makes some countries prohibit the circulation of bitcoin
Bitcoin are not accepted by the states because they can not take the taxes on the earned money through a bitcoin.
|
|
|
|
|