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Author Topic: Why Bitcoin is not regulated in some countries?  (Read 1248 times)
MacRohard
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August 26, 2017, 01:36:09 PM
 #41

Each country has it own currency and in some country that have an economy unstable, they don’t allow bitcoin trades, bitcoin can influence to their currency

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The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
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August 26, 2017, 09:02:20 PM
 #42

Crypto-currency has become more and more active in recent years and enters our life, bringing to it diversity and considerable relief in financial settlements. This is a completely new digital technology that is not clear to all governments. Therefore, some of them are cautious and distrustful. This is the right of every state and its government. No one has the right to interfere in the internal affairs of the state, including the circulation of currencies inside it and the regulation of financial payments. Therefore, it is the right of every state to recognize or not recognize the crypto currency in its territory. At the same time, due to the peculiarities of the crypto currency, such as anonymity, governments are not in a position to control it. This is also one of the important reasons why governments are wary of the digital currency. More confidently refer to it in industrially developed countries, where they are not afraid to introduce advanced technologies. Indicative in this regard is the government of Japan, where they recognized the Crypto currency, introduced a minimum tax on income from it for citizens and quickly develops a network for providing services with calculations in the crypto currency. For some other states it will take some time before they understand the benefits in recognizing the crypto currency and the inevitability of its wide distribution around the world.

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August 26, 2017, 09:19:03 PM
 #43

Crypto-currency has become more and more active in recent years and enters our life, bringing to it diversity and considerable relief in financial settlements. This is a completely new digital technology that is not clear to all governments. Therefore, some of them are cautious and distrustful. This is the right of every state and its government. No one has the right to interfere in the internal affairs of the state, including the circulation of currencies inside it and the regulation of financial payments. Therefore, it is the right of every state to recognize or not recognize the crypto currency in its territory. At the same time, due to the peculiarities of the crypto currency, such as anonymity, governments are not in a position to control it. This is also one of the important reasons why governments are wary of the digital currency. More confidently refer to it in industrially developed countries, where they are not afraid to introduce advanced technologies. Indicative in this regard is the government of Japan, where they recognized the Crypto currency, introduced a minimum tax on income from it for citizens and quickly develops a network for providing services with calculations in the crypto currency. For some other states it will take some time before they understand the benefits in recognizing the crypto currency and the inevitability of its wide distribution around the world.
Crypto currency will rule the world! Smiley (Do you actually know, why it is called like that? Huh)

Hey, I'm searching for an Ethereum iOS wallet, which can create multiple addresses. Do you know one, that supports this?  Wink
Jingjing12345
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August 28, 2017, 07:43:37 AM
 #44

Some says, Bitcoin is legal and few says it's not. May I know the reason why it is not legal to use Bitcoin in some countries, for example, in my country, we are not allowed to use Bitcoin to purchase any items or goods. Why they can't legalize it? What was the reason behind it?

I think it is because other countries that don't want to legalize it is because the government can't control it like they want it to be. Bitcoin is decentralized so no one can manipulate it. Or maybe they have rules that is contrast with the cryptocurrency.

C
Finally C is!!!
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