why some country still not legalized bitcoin ?

[lenovo16]

I seen some big country started to legalized bitcoin like japan, but i seen some country was ban bitcoin too just like what i hear about south korean and issues about russian will ban bitcoin in next month.
But why they ban bitcoin and some country still not make bitcoin legal in that country ?

Maybe some country who banned bitcoin, are those country who experience a bad effect in their economy. So to avoid more problem they decide to stop bitcoin in their country. And for those who not yet legalize bitcoin are maybe country that doesn't notice the existence of Bitcoin in the digital currency.

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[sandy14350]

because they fear the lose of their financial authority power on fiat currency... already many countries fearing losing of taxes and anti money laundering and terrorists activities been funded by crypto.. but the block chain technology is above all the things.. one or the other day .. all countries shall accept crypto currency

[traderethereum]

I seen some big country started to legalized bitcoin like japan, but i seen some country was ban bitcoin too just like what i hear about south korean and issues about russian will ban bitcoin in next month.
But why they ban bitcoin and some country still not make bitcoin legal in that country ?

maybe the government is too afraid that they can not control crypto currency when become bigger than today and maybe they don't learn the point important from crypto currency. i think the other country is still waiting what will happen next with crypto currency and once crypto currency become famous among them, then they will realize and i hope that there are many country will make bitcoin legal to that country so their citizen can trying to get additional income to solve their economic problem.

[malikusama]

I seen some big country started to legalized bitcoin like japan, but i seen some country was ban bitcoin too just like what i hear about south korean and issues about russian will ban bitcoin in next month.
But why they ban bitcoin and some country still not make bitcoin legal in that country ?

Because many of the countries are still unaware of its importance or may be their government are afraid of its illegal use and its growing popularity. Another fact is that mostly underdeveloped countries are facing lack of basic needs for their people like water, health and education, so it will be difficult for them to prioritize this thing over those.

[chidrawarster]

The main reason for not legalizing is that those countries have their prior importance to the local currency initially. Secondly, its not so easy for making bitcoin legal as the governments have to consult various sectors of business such as financial institutions, industrial sectors, fmcg markets, infrastructure markets & many more sectors etc. Many countries actually think that cryptocurrencies are basically being used for terrorist & money laundering activities as there the bitcoin is decentralized & nobody to control the transactions nor its limit. Many countries have to come on one platform to actually analyse the pros and cons to make it legal & also look at various aspects without creating any financial loss in the near future.

[Mandoy]

I seen some big country started to legalized bitcoin like japan, but i seen some country was ban bitcoin too just like what i hear about south korean and issues about russian will ban bitcoin in next month.
But why they ban bitcoin and some country still not make bitcoin legal in that country ?

When we talk about legalizing a certain currency aside from the legal tender in a country there are many things to consider. Failure to look on those important factors may lead to economic breakdown if not regulated. Thus, before a country decides to accept any currency there must be a thorough study. After the findings and evaluations will be placed on the table the lawmakers will still undergo some intense debate as to accept such currency or not.

[Kakmakr]

Governments have a lot of hidden agendas for banning Bitcoin and other Crypto currencies :

China = Wants to stop capital flight and protect the value of their local currency.
Russia = Wants to push their own Crypto currency and eliminate the competition from other Crypto currencies.
South Korea = They want full control < rumours were doing the rounds that bitcoin was hacked in South Korea to fund North Korea>

So it is not always the same reasons for Bitcoin being banned. The political instability contribute to the banning of technologies that might be used to bypass controls within the political environment.

[rodel caling]

you can't force the country to legalized bitcoin fast the government officals of some country need to learn how to help in the community if the bitcoin comes legality and how protect the interest of the country to adopt bitcoin as legel but i believe after sutdy and discussion of the government officials about the importance of bitcoin have a possibility to be leget.

[Passive Coin]

Why you need to legalize Bitcoin?
There are many things that are not legalized like sex, but people are doing it.  
Do you think sex should be legalized, at all?
After Bitcoin, we need hundreds of laws passed to legalize Litecoin, Ethereum and all thousands of coins that come to the market.
People are "educated" by this idiotic media that if gov. do not legalize something it should not exist.

Do we need to legalize saying "thank you" to each other? Do we?

[hessanseen]

I think, within a short period of time. There must be some countries with relevant policies. Restrict bitcoin. However, in the long run, bitcoin ecosystem is the future trend, I believe that one day bitcoin will become the world currency.

[DoublerHunter]

Some of the country didn't legalized bitcoin because they are still not sure about the legitness of bitcoin and also the profitability of bitcoin because it is volatile and it is hard for them to earn money so if you are a government official of a country and you are concerned about the money of your people then you will not legalized bitcoin that fast because you need to make things sure before trying it.

[Haynes]

I seen some big country started to legalized bitcoin like japan, but i seen some country was ban bitcoin too just like what i hear about south korean and issues about russian will ban bitcoin in next month.
But why they ban bitcoin and some country still not make bitcoin legal in that country ?

my opinion, a country that forbids bitcoin maybe they are more concerned with losses resulting from bitcoin such as falling prices of paper money or even because bitcoin does not use state tax so unprofitable for the country then the country prohibits the existence of bitcoin.

[ajiejot]

It's so simple, because government in some countries are only just protecting they're own national currency.

Exactly! Because of corrupts governments, they want the TAX from people. Why they not want to be more time saving for paying transactions? They don't have mind in their people, how the people can live happily and easily with bitcoin. They just want more money from people or from the tax they collected to the people.

[paolo099]

some country? bitcoin isn't legalized in some country because legalize it would mean regulated.
Most of the country right now are just ignoring it, some are keeping eyes open on it and some others want to ban it before it can become a problem for the country/government.
My homecountry for example is too ignorant to understand what's behind so right now there is a bid indifference about BTC, a government watching/taking care of BTC is not a good news (regulation, laws, taxes and so on).

[Drnice]

I seen some big country started to legalized bitcoin like japan, but i seen some country was ban bitcoin too just like what i hear about south korean and issues about russian will ban bitcoin in next month.
But why they ban bitcoin and some country still not make bitcoin legal in that country ?

my opinion, a country that forbids bitcoin maybe they are more concerned with losses resulting from bitcoin such as falling prices of paper money or even because bitcoin does not use state tax so unprofitable for the country then the country prohibits the existence of bitcoin.

How I see this is that, countries that are not accepting bitcoin in their country legal is because of their own currency, if they accept bitcoin, it might reduce their currency value. It is also a way of fraud acts taking place in the country.

[Granslam]

I seen some big country started to legalized bitcoin like japan, but i seen some country was ban bitcoin too just like what i hear about south korean and issues about russian will ban bitcoin in next month.
But why they ban bitcoin and some country still not make bitcoin legal in that country ?

I dont think so maybe they hate bitcoin? Or they think that bitcoin is only a fraud LOL  like china-  and i think many countries did not accept bitcoin is becuase bitcoin can't control by the goverment so i think that is the one main reason.

[amacar2]

I seen some big country started to legalized bitcoin like japan, but i seen some country was ban bitcoin too just like what i hear about south korean and issues about russian will ban bitcoin in next month.
But why they ban bitcoin and some country still not make bitcoin legal in that country ?

- Russia banning bitcoin might be only another FUD
- China have only closed bitcoin trading platform they haven't banned bitcoin.
- Yes some countries have banned bitcoin or claim it as illegal items because they are afraid of bitcoin taking over their current currupt financial system.

[salinizm]

I seen some big country started to legalized bitcoin like japan, but i seen some country was ban bitcoin too just like what i hear about south korean and issues about russian will ban bitcoin in next month.
But why they ban bitcoin and some country still not make bitcoin legal in that country ?

Some countiries do not legalize bitcoin because they cannot easily trace bitcoin transactions and they think that bitcoin is used by some terrorist organizations for their horrible attacks . That's why, governments ban bitcoin.

[jerowacik]

I seen some big country started to legalized bitcoin like japan, but i seen some country was ban bitcoin too just like what i hear about south korean and issues about russian will ban bitcoin in next month.
But why they ban bitcoin and some country still not make bitcoin legal in that country ?

Adopting bitcoin systems is not an easy task. some countries that have made the decision of they have done some analysis and research on bitcoin. such as the japanese state that has legalized bitcoin and there are some countries in Latin America that prohibit bitcoin. it is their decision to assume that bitcoin has advantages and disadvantages that have been analyzed in accordance with the conditions of the country. for countries that still have not determined their attitude means they are still doing the analysis and still think bitcoin has not had a significant impact. this impact is both negative and positive, so they are still normal and still can not do anything about bitcoin regulation.

[pooya87]

I seen some big country started to legalized bitcoin like japan, but i seen some country was ban bitcoin too just like what i hear about south korean and issues about russian will ban bitcoin in next month.
But why they ban bitcoin and some country still not make bitcoin legal in that country ?

i don't know what is going on with Korea, they just complained about the ICO situation like many others as far as i can tell. and it is a valid concern too.
and as for Russia, they never banned or plan to ban anything so far. they have been talking about a lot of things though. and talk is not action yet. there is also talk of legalizing bitcoin exactly like Japan. but again that also is talk. empty words.