Why do some government ban bitcoin?

[OPRick]

Because you can not steal bitcoins through emissions and inflation. For these purposes, only fiat money is good.

[Fasdartin]

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.  

Why government does not allowed bitcoin ?simply it is because the bitcoin ia decentralize and no one can control it. Some government does not allowed it because they cant manipulate the bitcoin.plus the bitcoin can make the currency destroy if the bitcoin will ignore in their country im sure the bitcoi will fast spread

They not allowed bitcoin because they cannot control it. Since it is decentralize no one can control bitcoin even the government. Also because of its disadvantages of bitcoin so it is the reason why some government banned it. Like it can use in crime and illegal transaction,  and all bad things can do in internet because of it anonymity of virtual currency.

[randythered]

Most governments probably ban bitcoin for one of two reasons, either to stop people from avoiding taxes or because they fear that it may undermine their own currency. I do not really see any reason for them to ban bitcoin aside of these two.

[Pay4youractivity]

Because you can not steal bitcoins through emissions and inflation. For these purposes, only fiat money is good.

And it is difficult to track the movement of capital for the removal of taxes.

[Melit02]

Governments ban bitcoin because they don't what bitcoin can really do in our individual life. Bitcoin can sustain our daily needs and help us in our financial problem. If Bitcoin declare a legal and people who transact here need to pay tax so the economy will be better because of the money they will get.

[camsss]

Some government banned bitcoin because they see it as a negative thing. Some of them think that it is just a scam. They thought that it is just a waste of time and it is just a nonsense thing. Another one is because, they are afraid because they see bitcoin as a threat to banking.

[ardhigalau]

I think the government banned bitcoin for fear the country's currency threatened to be abandoned by the user, but all returned to its users.

[ROB18]

Since bitcoin system or the crypto currency is something very hard to control since it is independent. I guess government dont what something that they have less control, that is why they are banning it. We cant blame them for that, because they exist to control the economy.

[214missy]

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.  

Actually I dont see any problem with bitcoin. So it is also a question for me that why some country banned bitcoin in their place. And then after some reading and research I found out that they are banning bitcoin, because it gives some threat to their economy. So in order to handle this kind of issues they just banned bitcoin in their country.

[fianaindriati]

I think the government banned bitcoin for fear the country's currency threatened to be abandoned by the user, but all returned to its users.

as it is also certain, because the bitcoin is almost a lot of people who know it. because like that then the government is very vigilant with the bitcoin which increasingly day increasingly derastis. let alone the risk of bitcoin is also high. maybe that's what the government thinks, so do not approve of circulating bitcoin.

[krky]

Well we can't blame them, after all its a conflict of interest, Bitcoin is decentralized and there is no way that Government would allow something they can't control, other one is Government is receiving tons of money from different banks, so to protect their interest banning is one of their options.

[Lang09]

Like China, the government there banned bitcoin because the Central Bank has the greatest percentage of contribution in there government through their taxes. The Central Bank has announced that they dont allow the Bitcoin in their country because they think that it can down there economy without knowing to whom taxes will be get by.

[ennovy22]

This is only from my own perception:
a.) It's because they don't want to have rivals in comes to a currency. You can't control every transactions. Cryptocurrency will be a threat to our government. And also they can't put tax because the users are all anonymous.
b.) Increasing number of crimes and illegal doing because of bitcoin. They use bitcoin to buy online drugs and illegal firearms.
c.) Used in Deepweb, paying bitcoins to enter some live killings etc.

[BitNotByte]

government sees bitcoin as a threat to banking community, or maybe they're afraid that it will replace banking process which they don't want to happen in the near future. my opinion only

[markgayamo]

In my opinion I think in some countries they ban bitcoin because, it can affects the government in different kinds of transactions legal or illegal transactions. And it can also affects the current currency and banking of the country.

[bitcoinhunter1221]

Some government on orher countries ban bitcoin because we all know that the government and the banks are linked to each other. So the government ban bitcoin because they are afraid that cyptocurrency would rule over tha banks.

[josgandosbro]

there are several reasons why the government forbids bitcoin in some countries. one such as bitcoin could be part of the country's economy, the government may be afraid of bitcoin arrivals in their country and do not want to be taken over by bitcoin

[ShiroThe5th]

i think because bitcoin can change the currency of their countries money. im just guessing. 

[conceivedspoon2]

It is basically because its operations threatens the economy of many nations. Because bitcoin doesn't tax and government generates income through tax s they do not want the existence of any currency or program that will interrupt their operations. And the control of bitcoin is not in the hand of any country or body(ies) so, nations do not like what they cannot control.

[InnMind.com]

Governments want to protect their citizens from scam, cyber fraud and illegal activities. Besides, they want to control the market but don't know how yet.