|
Jendral Istimewa
|
 |
December 15, 2017, 04:09:53 AM |
|
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 also do not know the reason the government forbids. which I know bitcoin is very helpful and bitcoin often provides an opportunity for us all to meet the needs of even bitcoin capable of turning a person into a rich. I think bitcoin is very important in life. |
|
|
|
|
|
|
|
|
|
|
The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
vergel24official
Member
 Offline
Activity: 154
Merit: 16
|
|
December 15, 2017, 04:16:41 AM |
|
Government is not regulating the bitcoin so there's a worry for there people engaging to btc.
|
|
|
|
|
emulsifryer
Member
Offline
Activity: 337
Merit: 10
Bet2dream.com
|
|
December 15, 2017, 04:17:31 AM |
|
because it is out control of central bank and not depeond on $ or gold or oil
Yes government thinks that bitcoin can be popular in the future because of the currency of it become higher. Maybe in the future all the coins are mined already that`s the time gold is no used for us. |
|
|
|
|
Yanisumin
|
|
December 15, 2017, 04:48:32 AM |
|
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.
No, Bitcoin is not bad. There are many causes why Bitcoin is being banned. Governments. The government are the one who are implementing the laws of country so it is expected that even if the people of that country want to have a cryptocurrencies in their country, if their government view cryptocurrencies as a threat then they have no choice but to follow that rule. Banks. Banks has been here hundred of years ago and imagine if that kind of establishment will be erased just because of this cryptocurrencies, they won't let the bank reign end like that. The cryptocurrencies itself. Because cryptocurrencies are not controllable, some are viewing it as a bad medium for currency and some are viewing it as an act of terrorism or a currency that can be use to supply illegal transactions. |
|
|
|
|
dyewic
|
|
December 15, 2017, 05:15:35 AM |
|
The main reason why the bitcoin is banned in some countries is because governments in some countries that the bitcoin have a disadvantages if they will legalize it. For them, bitcoin has bad effects.
On my opinion I think some government's impression about bitcoin is that it's heavily used in money laundering and crimes that's why they ban it. It's not really bitcoin being uncontrollable by banks and the government, but because of it being used in illegal activities more often than cash. And some countries do not allow the use of bitcoin because they have no way of controlling and tracing it, they cannot put any tax on it plus it can be used in illegal activities, they are afraid that their citizen might use it on illegal transaction once they knew about it. But I also agree on your opinion that, the main reason why the bitcoin is banned in some countries is because governments in some countries that the bitcoin have a disadvantages if they will legalize it. For them, bitcoin has bad effects. |
|
|
|
|
|
Tatalk
|
|
December 15, 2017, 09:27:17 AM |
|
Despite of having enormous benefits, government of few countries has banned cryptocurrency, they too have their own reasons for imposing ban on the use of cryptocurrency. Being not under the control of government, government has no control over the BTC and so they cannot say for the tax to cryptocurrency, or for not being under the control of government, BTC could be use for few criminal activities like terrorism, Ransom killing and others also, so also these things put country's security in danger. These might be some reasons that made government to ban cryptocurrency in their currency.
|
|
|
|
claydeey
Member
Offline
Activity: 294
Merit: 10
|
|
December 15, 2017, 09:38:08 AM |
|
Other countries ban bitcoin considering their bank regulatory issues while others restrict the use of bitcoin due money loundering.
|
|
|
|
|
abderrazak belkhir
|
|
December 15, 2017, 10:13:10 AM |
|
Because they think that bitcoin is bad for the economies of governement...auther ban it because bitcoin is under their control
|
|
|
|
|
wolfgang56
Full Member
Offline
Activity: 248
Merit: 100
WWW.BLOCKCHAIN021.COM
|
|
December 15, 2017, 10:18:47 AM |
|
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 don't think that is really the reason why governments ban bitcoins in their country maybe they don't just want to left by bitcoins because if they legalize bitcoin their currency will decrease its production because many people will choose bitcoins over fiat. |
|
|
|
4U
Member
Offline
Activity: 195
Merit: 10
|
|
December 15, 2017, 02:10:37 PM |
|
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.
Governments doesn't allow bitcoin because they are afraid that it would be used by terrorists to conquer them and rule their economy and finances. Bitcoin is not bad, the person who uses it is the problem about how he will use it. I think maybe they think that bitcoin can make some problem for them but it’s not true if bitcoin is really problematic currency then the question is why other countries allow bitcoin in their countries and why some of them make bitcoin legal so I don’t think so that bitcoin can make any problem for them and secondly most countries want to use its people for themselves in order to they work for them and collect tax from them which bitcoin don’t give tax. |
|
|
|
|
scarecrow2096
Newbie
Offline
Activity: 50
Merit: 0
|
|
December 15, 2017, 02:11:50 PM |
|
When you lose over the money people in your country manage... when you cannot see what their doing... yay just the ban hammer appears.
That the way corruption works, nothing new in the world is used since day 1.
|
|
|
|
|
jhuliacrysty
Newbie
Offline
Activity: 41
Merit: 0
|
|
December 15, 2017, 02:12:03 PM |
|
the government bans for fear of disturbing the stability of currency values in the country, and also fearing the threat of shifting currency in the country, bitcoin is also very difficult to track. so therefore the government sees bitcoin as a dangerous threat.
|
|
|
|
|
Marrionbitcoin
Member
Offline
Activity: 294
Merit: 11
|
|
December 15, 2017, 03:10:53 PM |
|
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.
Bitcoin will never be bad in fact it helps many people to make their lives easier like payment of monthly bills e.g. water, electricity, telephone, etc. without any hassle and no charges. In some country, they don't allow Bitcoin because it is very risky and not yet regulated. Government must implement rules and regulations for the security of Bitcoin traders. Lastly, Bitcoin was created for destruction but for helping out many people, aside for payments but also for investing money to Bitcoin and other Cryptocurrencies to earn additional income. So, don't be afraid to invest and look at the brighter side of it. |
|
|
|
|
|
Edrian
|
|
December 15, 2017, 03:35:48 PM |
|
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.
Is bitcoin really that bad? To banned by other countries?For some country yes bitcoin is bad for their economic system, if people in one country invest in bitcoin and not in bank then it was a huge loss for the profit of a bank because people investments are the fuel for banking system so if that happens the countries economic system is affected. Do the other government in other countries see something bad?Not all government unlike other countries bitcoin is not that papular so the government doesn't care unlike to those other countries that 80% of the people are using bitcoin. Can bitcoin be used to locate us?and see what we are doing? In short a Spyware. Yes, it is possible, but bitcoin user is hard to track because it was anonymous and lack of information about its user, that is why people use bitcoin for their illegal transactions that is related to crime. If the Spyware is the problem then you must be careful change your password every month and install an antivirus to be safe. |
|
|
|
|
|
vainhaver
|
|
December 15, 2017, 03:58:35 PM |
|
Because some say bitcoin is bad no one can track you, bitcoin used to buy drugs and smoke.
bitcoin is great technology and it’s bad to used it for dark things
|
|
|
|
$_Z
Newbie
Offline
Activity: 196
Merit: 0
|
|
December 15, 2017, 06:33:47 PM |
|
Government are clans that agonized sensation to discharge loyalty attainment. And they get lack to share their proficiency along with than anyone. Do you think that blockchain can replace these non in force governments in the sophisticated ?
|
|
|
|
|
|
jsscswan
|
|
December 15, 2017, 06:47:51 PM |
|
I can not explain in detail why some countries ban bitcoins. But I can answer the outline of why some countries ban bitcoin.
The reason;
1. The state worries if bitcoin is abused.
2. The state is not ready with what technology is given bitcoin.
3. The state worries if bitcoin is legalized can be bad for the official currency.
|
|
|
|
skyflakes88
Full Member
Offline
Activity: 124
Merit: 100
▰▰ ARENA SPACE ▰▰
|
|
December 15, 2017, 10:07:19 PM |
|
because they are still discovering how to control it in the market because bitcoin can really cause a disruptive change in the industry and economy also to some criminal activity that some person can take advantage on how good the technology of bitcoin some can abuse it for their own benefit like money laundering and some illegal transactions in the black market
|
|
|
|
Airdrop International
Newbie
Offline
Activity: 14
Merit: 0
|
|
December 15, 2017, 10:15:56 PM |
|
The government know what they know about bitcoin thanks to their " expert " so it's quite normal they can't understand what it is. Moreover the states can think that the bitcoin will limit their power. They can also think that people gonna fraud and don't say to the government all their earnings. Your question is large and i think that there are many reasons and it can be different according to the countries.
|
|
|
|
|
SangkuniBird
Member
Offline
Activity: 108
Merit: 100
|
|
December 15, 2017, 11:03:30 PM |
|
One of the reasons I think is because of its anonymity. Currently, bitcoin has been used in criminal activity and we can not stop it. The problem is that bitcoin transactions in the blockchain are purely anonymous, the government can not trace who's transacting and who's transacting so they can not find criminals so illegal activity will show up in their country.
|
|
|
|
|
|
