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Author Topic: Why some little country don't accept bitcoin?  (Read 5013 times)
Lintel
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October 22, 2017, 09:15:54 AM
 #241

just confusion why some little country reject bitcoin?

I don' t have any idea but maybe because it is not popular yet in their country or they just don't know the benefits of bitcoin to the people. I came also from.a small country but bitcoin is legal and we can use it in some shop  througj our wallet. And more and more people is joining now in.my country.

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Mame
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October 22, 2017, 09:24:47 AM
 #242

just confusion why some little country reject bitcoin?



It is just that they are not aware of bitcoin yet, but through social media like facebook, twitter and instragram bitcoin is slowly being known to other countries and for sure they can easily adopt to the technology of digital currency.

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October 22, 2017, 09:25:12 AM
 #243

just confusion why some little country reject bitcoin?

There are many factors that make other countries that bitcoins or any digital currencies not being accepted. Internet stability and adoptation towards cryto are factors that governments will consider this. Because the only thing that runs this technology is through internet but sadly in poor countries can't afford this thing.

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October 22, 2017, 01:21:06 PM
 #244

Small countries can be in bitcoin about unknown., And a variety of small countries their country money values as they bitcoin accept that do not. Because bitcoin the world no.1 currency.

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October 22, 2017, 01:24:34 PM
 #245

There are many reasons behind this. Primary reason is that their understanding of the crypto world and bitcoin is limited in many ways. Another reason is that many people fear the crypto world due to the unstable volatility on a regular basis.
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October 22, 2017, 01:32:59 PM
 #246

just confusion why some little country reject bitcoin?

I think the reason why some country rejects bitcoin is that they lack the knowledge and idea how bitcoin works well you cant blame them its only natural for some country to avoid things that they dont know. They think Bitcoin is a scam. They just protecting there people on taking some risk in turning money to bitcoin. So lets make Bitcoin more famous so its good reputation will last long so that other country will accept it.

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October 23, 2017, 09:27:59 AM
 #247

I don't know about it what's wrong why don't accept. I think they don't want to come digital currency. they fear hacking system. my country don't accept bitcoin cause our country leader don't know about bitcoin and her ptofitable way.

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October 23, 2017, 09:49:18 AM
 #248

which countries are rejecting BTC?
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October 23, 2017, 10:08:28 AM
 #249

which countries are rejecting BTC?
Eg Russia. Government doesnt know how regulate bitcoin, ang how get income tax. Moreover, bitcoin is not stub currency, and nobody doesnt want be responsible, when bitcoin collapses

yojodojo21
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October 23, 2017, 10:17:26 AM
 #250

You must be specific Sir, there are countries which are considered into three distinction.
The first, second and third world country,
Little country belongs to the third world country.
Basically, they are not rejecting bitcoin, the reason is they cannot support it. It depends on the value of their own currency (Fiat).
We all know that the Leading country that accept bitcoin is known as Rich Country.
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October 23, 2017, 10:19:39 AM
 #251

Some People and also countires think that bitcoin is scam that is why they do not want to
invest in it.

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October 23, 2017, 10:20:07 AM
 #252

just confusion why some little country reject bitcoin?


Base on my searching on the internet some countries like are still deliberating on what to do about Bitcoin, legally. And the many others have already made their decision against digital currency as a whole, and bitcoin, in particular, so here we’ll list the ten places you’ll find the most trouble using bitcoin.
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October 23, 2017, 10:21:16 AM
 #253

just confusion why some little country reject bitcoin?


It might be because that they mght not have the capacoty to accept bitcoin yet on a lage scale and also applying bitcoin tk a cou try means a great overhaul and they moght not have the resources required to push through it. It must also be noted that while little countries have potential they lack the technologies to do so.

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pimvinken
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October 23, 2017, 10:26:29 AM
 #254

first, bitcoin can be use for trading, transactions without throught banks, so the government can not control bitcoin, second, the government worry about bitcoin can be use illegally by bad people, so they still not accept bitcoin now.

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October 23, 2017, 10:31:03 AM
 #255

one of the biggest reasons may be because it does not believe in one of these digital currencies that is caused not to have real data so like that other countries that do not support the existence of bitcoin and in outline for me bitcoin is one technology that ensures the best quality advanced technological developments, the more advanced also the economists who already understand it..

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October 23, 2017, 10:43:03 AM
 #256

it could be that the country does not know and know what the bitcoin functions are and the country has not introduced bitcoin, and legalized bitcoin officially in the region.

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October 23, 2017, 10:58:06 AM
 #257

it could be that the country does not know and know what the bitcoin functions are and the country has not introduced bitcoin, and legalized bitcoin officially in the region.


One of the reason why some country don't accept bitcoin because they are lack of knowledge on bitcoin, internet capalities and stability to fast track. Acceptance and adoptation towards cryptocurrenc. Maybe bitcoin is still lacking of marketing and promotion.

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October 23, 2017, 11:06:44 AM
 #258

just confusion why some little country reject bitcoin?


I think because some small country doesn't like to invest their money online, they taught it was only a scam. They prefer to do business in their community. Some other reason maybe they have no enough knowledge about bitcoin because they are not spending time on social media.

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October 23, 2017, 12:57:59 PM
 #259

Probably because a small country does not have a supportive facility for receiving bitcoins, or it could be because they are worried about bitcoin being misused.

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October 23, 2017, 01:15:00 PM
 #260

just confusion why some little country reject bitcoin?


Probably because they don't see bitcoin contributing to their economy which is really disappointing thing a one person think what bitcoin is, that this is useless. China has been rumored banning bitcoin because they want to maintain their system and that is to maintain the sources how does their people earn knowing that bitcoin has lots anonymity feature in which it doesn't allow you to give your personal details which is good but they take it negative and decided to banned bitcoin.

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