Crypto-2X
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Crypto is everything!!
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January 20, 2018, 04:14:24 PM |
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Actually the blockchain technology can be use for the illegal activities, which are can't be traced.
So the governments are not like that because of its out of control.
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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swaptaker
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January 20, 2018, 04:15:28 PM |
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Some government ban bitcoin, because of they protect their own currency, that bitcoin will be becoming more popular than their currency, the other reason is their banks will ignore by their people on their country. So if they allowed bitcoin in their country they can't get tax from bitcoin. They could not control anymore if the bitcoin will indemand already, so they will do is to ban bitcoin. Not only for that reason the bitcoin is most stronger currency.
The problem with bans is that unless you solve the underlying issue people are going to keep using that which is banned, if a country is suffering hyperinflation some may decide to use bitcoin to escape this then the government realizes that and bans bitcoin but does nothing to solve the issue of hyperinflation, when the choices you have are to have enough money to eat and the chance to go to jail many people will take the risk and will prefer to keep their bitcoin and have food on their table than to die of starvation. They never want uncontrolled economy and they think citizens will be out of control when they involve in bitcoin and other coins. That's the main reason behind this behivour of the governments. |
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boynamnhi
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January 20, 2018, 04:15:52 PM |
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They can not control them. Bitcoins are traded, making the government unable to control the country's money. And then power is not in their hands. 1 ban until there is a way to control the bitcoin
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Danglen1010
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January 20, 2018, 05:26:48 PM |
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I think some governments banned bitcoin because of its price and it is so in demand the whole world. Also they can't earn taxes from bitcoin that's why they banned it and don't accept it as a currency.
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kolbalish
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Crypto Article Sharer!!!
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January 20, 2018, 05:56:27 PM |
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Some government ban Bitcoin.I think that those government don't know well and thought the economic slowdown for Bitcoin.It is an online based platform where people can work or invest.By doing this,anyone can be benefited by getting money as a profit.
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jikurpa
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January 22, 2018, 03:28:23 AM |
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I See topics about banning and I want to ask.
Is botcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
I think all your questions are answers that I can give is all depends on the person who accesses and invests with the bitcoin it depends on the person's objective to generally I can say bitcoin is good because we can invest and get the financial benefits and advance the economic growth |
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rosalyn07
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January 22, 2018, 03:48:00 AM
Last edit: January 26, 2018, 06:51:15 PM by rosalyn07 |
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The bitcoin are not legal to all country and some government says if people will invest there money on bitcoin it will lost because they think bitcoin are scam thats why bitcoin are not allowed in their country and banned it by the government.
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hghcoin
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January 22, 2018, 08:41:00 AM |
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I See topics about banning and I want to ask.
Is botcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
Take China as an example. Bitcoin does not speak of currency in current China, it does not qualify even as a commodity, the reason is that China itself is a semi-open financial system. If bitcoin circulates in the future as normal commodities while prices remain high and stabilize with mature markets like gold (prices are relatively stable and liquidity is good), then China's financial Control system will disappear. |
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buhuchain
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January 22, 2018, 08:51:00 AM |
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Because bitcoin is fragmented and hard to control, large amounts of bitcoin transactions can cause disruption to the nation's economy, so most governments choose to ban Bitcoin transactions.
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catchemcrypto
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January 22, 2018, 08:53:37 AM |
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My two cents. I believe they (the government of each respective nations) are afraid that bitcoin will threaten and affect the banking industry and the money circulating in their government.
Or maybe they do not fully understand the potential and the benefits of how bitcoin may help their nation.
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logan0312
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January 22, 2018, 08:57:44 AM |
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I think the government that bans bitcoin is a government that sees bitcoin from the downside, as bitcoin is used as a money launderer, marijuana deals, payments for murder services, and the government wants to protect its own official currency.That's why they hate bitcoin. Untill now they have thought that bitcoin was just a gimmick, but they are starting to wake up, and the fear is showing in their eyes
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Hillthy
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January 22, 2018, 09:01:53 AM |
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I think the government that bans bitcoin is a government that sees bitcoin from the downside, as bitcoin is used as a money launderer, marijuana deals, payments for murder services, and the government wants to protect its own official currency.That's why they hate bitcoin. Untill now they have thought that bitcoin was just a gimmick, but they are starting to wake up, and the fear is showing in their eyes
Some countries forbid bitcoin, I think the government fear the economic downturn on the money circulation. E-currency online transactions will replace conventional cash transactions. |
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Logan1978
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January 22, 2018, 09:04:03 AM |
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I think some governments think that Bitcoin will badly affect their economy and fiat currencies, and have many doubts about it as it is a decentralized digital currency not controlled by them, so they try to ban it,I read somewhere that there's a way to trace the ip address used using the transaction history but its not spyware.
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MilkBi
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January 22, 2018, 09:16:27 AM |
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I think some governments have forbidden bitcoin because of its price and it is in demand around the world. In addition, their government can not earn taxes from bitcoin and their country also has the advantage of bitcoin to invest in and consider this a non-taxable purchase.
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Bodiul1975
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January 22, 2018, 09:27:04 AM |
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Some governments prohibit BITKAYAN because the bidders are trading through the government, then the government is able to recover from the revenue tax, and if the BITKENE makes the dollar through NETELLER,SKRILL , PIYA, PAPAL, then through the bank, the government gets revenue tax.
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mangkiko
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January 22, 2018, 09:27:34 AM |
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I think some governments banned bitcoin because of its price and it is so in demand the whole world. Also they can't earn taxes from bitcoin that's why they banned it and don't accept it as a currency.
They will banned bitcoin because it is a big treat in their country and it can ruin their country. Also the currency of the country will get down because of the bitcoin. That's why they need to banned it.
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Creepings
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January 22, 2018, 09:43:13 AM |
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I think some governments have forbidden bitcoin because of its price and it is in demand around the world. In addition, their government can not earn taxes from bitcoin and their country also has the advantage of bitcoin to invest in and consider this a non-taxable purchase.
If this is just the case, I don't know why will country ban digital currencies especially bitcoin since it will be good for the country's economy. But the real reason why the government ban bitcoin is because of it's volatility that is being said that may affect the country's economy. Tax is not a problem since if people in their country widely use bitcoin, they can just add some taxes in the items and it will be good. |
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lampukoe lumo
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January 22, 2018, 09:53:50 AM |
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Perhaps the reason why some countries ban bitcoin in the country it is possible they are afraid bitcoin will Mengantukan currency of his country, and might some countries want to make a coinnya higher quality than bitcoin, and maybe the state is afraid because of the existence of bitcoin,perhaps the government of the world think bitcoin will replace banks.
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awawo
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January 22, 2018, 10:18:17 AM |
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I think the major reasons why some government ban bitcoin is due to the fact that the government think with bitcoin the citizens will one day become financially free and at that the government will loose it legitimacy from the people, and secondly some countries believe that if bitcoin is allowed it can aid corruption and money laundering so they are afraid of the potential and the capability of bitcoin.
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jassanpary
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Arianee:Smart-link Connecting Owners,Assets,Brands
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January 22, 2018, 10:29:48 AM |
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I think some governments think that Bitcoin will badly affect their economy and fiat currencies, and have many doubts about it as it is a decentralized digital currency not controlled by them, so they try to ban it,I read somewhere that there's a way to trace the ip address used using the transaction history but its not spyware.
It is well-known fact that bitcoin is decentralized currency by this governments won't get any type of direct or indirect taxes that could be main reason many countries and the government's apprehension, so that it may destabilize the economy of the country based on these reasons government bans the bitcoin. |
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