kee kee
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April 16, 2018, 03:16:45 PM |
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Bitcoins are not supported by governments in some countries because they want to control the money and Bitcoin can not be controlled because it is decentralized.
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keep bibi
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April 16, 2018, 03:17:03 PM |
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Because bitcoin can be used for illegal activities so some countries have banned it
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maria tugo
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April 16, 2018, 03:17:36 PM |
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The bitcoin ban will only make people interested in it, thus increasing the bitcoin's popularity. Possibly governments are holding a lot of bitcoin
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michael aci
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April 16, 2018, 03:18:01 PM |
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Allowing the use of bitcoin in a country may affect the supply of money as fiat's demand may require more notes that may cause inflation and central bank stress
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wiliam robin
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April 16, 2018, 03:18:25 PM |
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7. Because basically many countries do not understand bitcoin. They only think about the evil that happens if the bitcoin is accepted
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sofia male
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April 16, 2018, 03:18:54 PM |
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I think a country does not accept bitcoin because they think the risk of bitcoin is greater than the benefit. Therefore, they decided not to accept bitcoin, especially for underdeveloped countries
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TomLynch
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April 16, 2018, 03:19:03 PM |
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Because Governments are really concerned about the bitcoin when every one start investing in bitcoin then no one will save their money in banks in the same manner it will create an impact for Government so they do not support.
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lead momo
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April 16, 2018, 03:19:16 PM |
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Bitcoins are not supported in some countries because: they can reduce their profits in the bank
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denden king
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April 16, 2018, 03:19:38 PM |
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Bitcoins are not supported in some countries because: they think bitcoin is illegally abused by criminals
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jame miler
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April 16, 2018, 03:19:57 PM |
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Bitcoins are not supported in some countries because: they can not help their economy
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Fernando miles fm
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April 16, 2018, 03:20:15 PM |
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Currently, bitcoins are more common in gambling and pornography because people want to hide their identities. Due to the problems that can not be tracked, governments do not accept it.
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loong loong
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April 16, 2018, 03:20:37 PM |
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Because bitcoin is decentralized and can not be controlled by the government, bitcoin will never be profitable for the government
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Chard bon
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April 16, 2018, 03:20:51 PM |
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Because bitcoin can cause a lot of trouble if they allow the use of bitcoin
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olaaaaa
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April 16, 2018, 03:21:08 PM |
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Because some countries do not know about bitcoin and do not know how to use bitcoin to boost their economic growth. And maybe they just do not like something they can not control
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Kellerman k
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April 16, 2018, 03:21:25 PM |
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Because the government can not make a profit from bitcoin and can not even calculate taxes because it is decentralized
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dash ha
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April 16, 2018, 03:21:45 PM |
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There are still many countries concerned about the use of bitcoin. They fear that bitcoin may undermine economic stability in their country
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taiwa han
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April 16, 2018, 03:22:09 PM |
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They fear that bitcoin will be mainly used for illegal products such as drugs and money laundering
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Lincoln burrow lb
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April 16, 2018, 03:22:24 PM |
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The common reason countries have banned bitcoins since they can not cope with bitcoin's anonymity
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sofia lisa
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April 16, 2018, 03:22:41 PM |
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These are mainly countries where a very weak economic system. So the government thinks that due to the popularity of bitcoin, the economic situation is getting worse
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fiend91
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April 16, 2018, 03:49:39 PM |
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We known that every country have their own constitution or governance which must be followed by every citizen of those country .it is banned to investigation in other country so bitcoin is not supported in some countries.
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