upyem2k
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April 04, 2018, 05:16:51 PM |
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I think the government do not support bitcoin because it is seen as a threat to the banking industry. If you look at bitcoin transactions, tracing of receipts and payment may be somehow difficult or even impossible.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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zdrmay
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April 04, 2018, 05:17:39 PM |
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Because the government is afraid that the economy will collapse, people will become richer. Full decentralization and so on. The question is certainly controversial, since on the other hand some kind of control of the financial system in the country is needed. But I'm for bitcoin. After all, he has many advantages, which do not see power.
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Ris88
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April 04, 2018, 05:23:36 PM |
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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.
as far as I know the bitcoin is not as bad as what is said by various people, indeed first not know bitcoin sometimes our thinking is negative, if already start it will be positive. Most people or groups of government who do not know more about the meaning of bitcoin, than most people only hit the negative side without realizing that bitcoin has almost spread to the entire world government, there's just someone who does not like the existence of bitcoin, which may of the bitcoin competitors themselves ... |
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ilonamihaly
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April 04, 2018, 05:25:50 PM |
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Because the government can not control bitcoin, worrying that bitcoin can undermine the economy. And bitcoin is anonymous, Bitcoin is exploited by criminals and the government can not track it.
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wilsonwilly1
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April 04, 2018, 05:45:11 PM |
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I do not know why the government refused to use bitcoin and prohibited its citizens from using it because the use of bitcoin had been used before in illegal activities discovered by the authorities and they feared that their citizens would have the idea of using it for the same purpose. is not it better to use bitcoin for a country's economic growth?
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GoodLuck2
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April 04, 2018, 08:42:05 PM |
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I do not know why the government refused to use bitcoin and prohibited its citizens from using it because the use of bitcoin had been used before in illegal activities discovered by the authorities and they feared that their citizens would have the idea of using it for the same purpose. is not it better to use bitcoin for a country's economic growth?
You are right but who should tell them bitcoin is the best platform for both currency and investing wise.But people are using to convert their black money to White by using bitcoin and many people in my country did that so in order to minimize the effects of frauds government is banning Bitcoin and all the other famous altcoins. But eventually they have to surrender themselves infront of bitcoin as it is future. |
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laayouni aymen
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April 04, 2018, 08:49:38 PM |
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Because they see that bitcoin IS a ponzze schèmes and sôme see that it IS uses for washing money or some juste for controling the money cause some use or to buy weapon
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jeanpadel14
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April 04, 2018, 08:55:47 PM |
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Reason is simple, when our government looks at bitcoins, they are incapable of tracing any person or company holding responsibility for Bitcoin not only in their jurisdiction, but in the entire planet!Governments are not able to tract payments in bitcoins as anybody with out a proper identification can open up an account and make the transaction. Even though exchanges are collecting KFC from their customers, it is possible to do transactions with out using ID card issued by .it becomes very much difficult for governments to audit transactions, and perform their obligations .
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Joemzz31
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April 04, 2018, 09:42:26 PM |
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I think the reason about this is some government does not like bitcoin or they not believe in the capabilities of the company, its quite sad before the intention of bitcoin really good but other people don’t appreciated it.
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DPrillio
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April 04, 2018, 09:53:01 PM |
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Reason is simple, when our government looks at bitcoins, they are incapable of tracing any person or company holding responsibility for Bitcoin not only in their jurisdiction, but in the entire planet!Governments are not able to tract payments in bitcoins as anybody with out a proper identification can open up an account and make the transaction. Even though exchanges are collecting KFC from their customers, it is possible to do transactions with out using ID card issued by .it becomes very much difficult for governments to audit transactions, and perform their obligations .
Yes, its something like that. The popularity of bitcoin make some noise on the entire world making more and more people working for it and some are leaving their corporate job and resulting for massive cutting of income tax, as we know that bitcoin is a decentralized system making no one can interfere even government, i think that is one reason of why government doesn't like bitcoin. |
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vnnbot
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April 04, 2018, 11:16:00 PM |
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Bitcoin ban some government because every government has won rule to control their economic condition. But they have no control of bitcoin and it use. Bitcoin user dose not pay tax for this. Some country ban bitcoin to save their economic strategy.
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kyucryp
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CAT.EX Exchange
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April 05, 2018, 03:54:21 AM |
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the government forbids bitcoin because they are afraid bitcoin will grow rapidly and can not be controlled and many investors prefer bitcoin than bank products. banks can be controlled by bitcoin while open source bitcoin is not controlled by anyone. and the government is afraid of anonymous bitcoin transactions can be used for crime.
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Requim
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April 05, 2018, 04:01:27 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 can’t blame the government if they are just thinking about the cons and effects of what may happen to the country that they are taking care of if bitcoin was to be implemented. There is also the fact that some government do not want their people to earn because it may upset the balance of society that they have already established for years. |
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morrisby25
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April 06, 2018, 05:01:41 AM |
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Since it has no formal premise and administrative expert, bitcoin is inclined to be abused for illicit exchanges, tax evasion, and financing of psychological warfare. There it is confirmed that all exchanges led in every nation are required to utilize their particular money. The flow of bitcoin is additionally illicit on the grounds that it isn't reachable by the Central Bank. This could possibly prompt markup esteems. Along these lines, the exchange of theoretical virtual money esteems. Not just damage the general public later, such exchanges can likewise disturb the steadiness of the state budgetary framework.
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anahawjeff21
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April 06, 2018, 06:10:54 AM |
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Maybe because some people used bitcoin in illegal transactions, it's easy to buy drugs or unlicensed firearms, and the government don't have idea because, because they regulate the flow of bitcoin.
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Aandosq1
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April 06, 2018, 06:15:54 AM |
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may not be prohibited, currently has not found the right time for in some countries related to bitcoin legalization. but I am still optimistic in the future bitcoin will be accepted and not prohibited.
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Nimbusrf
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April 06, 2018, 06:24:01 AM |
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The state is trying to prohibit bitcount because it is unprofitable to keep them, nobody pays for it and no one sees it
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jeepuerit
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April 06, 2018, 06:35:18 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.
government bans Bitcoin because most countries or other governments do not like Bitcoin because they know that people are getting stuck in their jobs because they start earning Bitcoin. |
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LETme
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April 06, 2018, 06:51:43 AM |
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Because government think there are many users of bitcoin that used to scam other people so they alarm people not get into it and some people used bitcoin for buying drugs and other bad things so bitcoin get banned in a country and lastly because government want to control bitcoin but they do not know how to that so it end up banning.
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poisonivy77
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April 06, 2018, 06:58:27 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 the reason why government banned bitcoin in some country is because they think bitcoin would be a threat to the current currency and could bank crupt the banks. |
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