why do governments don't make BTC illegal worldwide ?

[Al the Alpaca]

You are correct bitcoin can influence the bank's framework. However, the issue is even the administrations make the bitcoin illigel around the world. They would not have the capacity to close it completely for a reason of decentralizing ability of it. With the assistance of the innovation on this age. The administration doesn’t have control over all digital currency. the government is still afraid to accept bitcoin to be illegal, because bitcoin prices are so fluctuating that prices can go up or down very quickly. the government does not want to be responsible for public losses.

Yeah i know that bitcoin is now banned in other countries and this is a big breakthrough for bitcoin users and supporters. Bitcoin is known as one of the legal cryptocurrencies in the world  and there's no government that can control of it. Bitcoin is now legal worldwide and they cannot control what's inside of it. The price, the value and the supply and demands are vary time by time and it is a good thing because it is not centralized like fiats. Many users are using it for illegal purposes but it is just like fiats.

[Ronyx]

The government has difficulty controlling bitcoin and also the government has difficulty in applying bitcoin taxes. The government does not endorse bitcoin because bitcoin can endanger fiat currencies. Fiat currencies are under government control and can be very profitable for the government, and the government will not allow fiat currencies to be threatened.

[Gheka]

There are already governments that are branding bitcoin as illegal. But not all especially the modernized and the high technology countries. These modern countries know the value of crypto and how it can help their citizens. This is why many people are investing early because the future is clear that crypto will become very very big in the near future.

Exactly, crypto is becoming a trend in the near future when the development of crypto is too stable and dramatic to many people around the world, especially in developing countries, people know the potential and what crypto can bring, crypto has created a new face for the economy of these countries. The government wants to ban and turn the crypto into an illegal, it is impossible when they will face the power of the people, some governments have lifted the ban, maybe they know everything is too late, the ban is no longer meaningful

[andy_gpu]

You correctly think. Bitcoin is a huge threat to the military and banking system. Governments do not know how to play with it, so it behaves quietly, like a lion on a hunt. I think the result will be visible in the coming year, yet they are developing some kind of regulatory measures.

[miyong]

I'm wondering this because is such a real threat to bank system and we all know how banks and governments are tightly linked !

BTC could make people more autonomous, self-resilient, being their own bank. You can use it like cash, making your transaction almost untraceable (or untraceable using e.g. monero or dash or laundry systems) : this is governments worst nightmare, isn't it ?

Simply because some government still believe in bitcoin and take it as a currency. Some government are open for a new technology change if it is for the better and they see it as a good one.

[Bitcoin_Makers]

Because the state understands what great prospects has a crypto currency. And secondly, it is now impossible to prohibit the crypto currency, since so many people support it throughout the world.

[mr_enoc]

Maybe because some government believes in digital currency.  Other just doing a research before they decide if they are going to take it as legal or illegal in their country.

[Rojer1928]

Hi First of all, forbidding Bitcoin is something a democratic country can not do openly. This will create social unrest.
(Bitcoin is a new technological breakthrough) and not something evil or dangerous - putting Bitcoin on the same level as the drug is very stupid.
Instead of being banned, do not I imagine that bitcoins will be embraced and strictly regulated to eliminate any kind of 'illegal activity

[bananaohnana]

There is no real reason to make it illegal. As for now, it is FAR from being threatening to banks and government. If it were, the government could simply regulate the use of it, instead of banning it completely. Different countries have different views of this, and I doubt the whole world will agree on banning something like this ever.

[Genesis Crypto]

I thing that the biggest reason why governments doesn't make bitcoin illegal is there really isn't anything that is getting violated here. And I think countries still don't see it as something like a threat because not many people know about bitcoin

[Stioned1987]

I dont suppose why,but i experience that they're still not take delivery of it because they see what the absolutely should do about having bitcoin,but as of now many united states was recognizing to apply this bitcoin due to the fact they already see what bitcoin can do and might exchange ,just like price machine or payment technique these are the things that bitcoin has.

[Layers318]

Bitcoin cannot be made illega worldwide because there are still some governments in some countries which understands the real concept of Bitcoin and the benefits it offers the economy of the country. Such countries are positive about the patronage of Bitcoin.

[zalizoll]

Bitcoin is known as one of the official cryptocurrencies in the world and no government can control it. Bitcoin is now legal worldwide and they can not control what is inside. Price, value and supply and demand vary from time to time and that is a good thing because it is not centralized like fiat. Many users use it for illegal purposes but it is just like a fiat.

[Legwist]

Because cryptocurrencies are Decentralised and transactions are nearly impossible to track and bitcoin is very unpredictable for the future and so the government is still thinking about it.

[KriptoA]

because they can not. bitcoin is really hard to control and centralize. Therefore, it will take long time to make bitcoin illegal worldwide

[deejayce48]

A good question. The government can easily ban Bitcoin, that's the only thing they can do since technically speaking, they cannot destroy it totally. But they didn't because I think we all know the answer to this question. The government doesn't ban Bitcoin worldwide in some countries because they are realizing that Bitcoin is an opportunity and not a threat. Banning Bitcoin and other cryptocurrencies would be futile. I think the smarter move would be creating regulations that make a win-win situation for both the government and the technology.

[MidKnight]

Because anyone that can visualize the future can see that bitcoin and altcoins will be the thing of the future. If they manage to stopped it at this  time, it will appear again and stronger than before. So if they made it illegal, they'll just look dumb because they will also just accept it next time.

[Jay51]

Because it is may cause a national currency all over the world they scared of buried so that government support national currency that Cryptocurrency.

[anggada18]

though it is illegal in some countries, for those who adopt it to be different tax advantages. if open will benefit the government.

[Shreek]

because each government is led by a different president, therefore each country has a different economic system as well
if indeed the BTC is considered safe and acceptable to the public without having to consider its negative impact, it is likely BTC can be adopted by the whole government