Holopopstyir
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November 07, 2017, 09:23:47 AM |
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Bitcoin allows uncontrolled (and tax-free) exchange of significant assets. The state can not tolerate this.
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nurilham
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November 07, 2017, 09:25:11 AM |
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in my country, Bitcoin is not accepted by the government because Bitcoin is considered to threaten the fiat currency rate. but even though the government has banned many Bitcoin seekers.
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Gloiri
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November 07, 2017, 09:26:52 AM |
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Some country's are scared because that there are criminals using bitcoin. This makes some governments take actions fro bitcoin. I understand because so many hackers are using it.
They need to do something about it because they are destroying bitcoin for us all.
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hilda483
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November 07, 2017, 09:28:11 AM |
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in my country, Bitcoin is not accepted by the government because Bitcoin is considered to threaten the fiat currency rate. but even though the government has banned many Bitcoin seekers.
Aside from this Bitcoin involves a high risk as well. Some governments fear of what you said but some just want to protect their citizens and others embrace the crypto coins. |
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kolbalish
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Crypto Article Sharer!!!
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November 07, 2017, 09:35:12 AM |
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Because, The country whose people can't use Btc in their country for their govt.I think that govt is all. If the govt is not interested, the country people will not able to use Bitcoin in their country. I also think that govt of those country probably think Btc as a negative thought. For this,Bitcoin is banned some country
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bodimun2
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November 07, 2017, 09:36:19 AM |
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Bitcoin is the new digital currency,it is always ups and down.bitcoin owner and bitcoin details not known by people.bitcoin scams,gambling also big problem.bitcoin is decentralized currency this is also problem.
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Shiversnow
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November 07, 2017, 09:52:31 AM |
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why some country banned bitcoin?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
Some countries banned bitcoin because they think that the potential threats of crypto currency is heaver than the potential success that their economy can gain from it. They don't want to risks more conventional means for cyber criminals can use in various illegal transactions. Their government has no interest in crypto currency so they just banned it. |
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helars2008
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November 07, 2017, 09:54:46 AM |
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I do believe that the reason why some country banned bitcoin is because of the very reason why bitcoin became popular.
Bitcoin is a deregulated and decentralized form of exchange in which government will surely censor espcially since they want an overall control over their citizens.
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grumpylittlepoodle
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The revolutionary AI gaming ecosystem
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November 07, 2017, 06:31:01 PM |
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why some country banned bitcoin?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
In my opinion, maybe because bitcoin was widely used in their country for illegal activites, such as buying drugs and so on and so forth. I think that they are just doing it so that they can prevent those illegal activities and make their country more organized. But, for me, maybe if they manage it right, maybe they could use it to improve their country instead. Why don't they just use bitcoins to make their economy better. Maybe with right management, they could still use bitcoin while preventing illegal activities. |
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sorrowfulnightcries
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November 07, 2017, 06:51:49 PM |
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why some country banned bitcoin?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
In my point of view, I think that maybe bitcoin was allowed to them before, but there's something bad happened that has a huge impact in their country. I mean, why would they just banned bitcoin without any reason, right ? And I think that maybe allowing bitcoin in their country, makes the value of their currency drop. Because for me, bitcoin is still affected by the law of demand and supply. For example, if many people uses their currency instead of bitcoins, there will be a big chance that value of it will become bigger(law of supply) |
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Julia_bitcoin
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November 08, 2017, 04:05:48 AM |
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because bitcoin, like any other traditional currency, can be used for monetary fraud, in addition, transactions with the crypto currency are speculative, bitcoin creates a threat to the existing financial system
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Al Amin
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November 08, 2017, 04:19:09 AM |
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There may be several reasons why a country forbids bitcoin is because they are difficult or can not manage it. And they are afraid if bitcoin will displace the value of their fiat currency in which fiat money is a history for a country because sometimes in paper money there are images of the nation's fighters or historical places.
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gribble
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November 08, 2017, 04:29:32 AM |
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There may be several reasons why a country forbids bitcoin is because they are difficult or can not manage it. And they are afraid if bitcoin will displace the value of their fiat currency in which fiat money is a history for a country because sometimes in paper money there are images of the nation's fighters or historical places.
Yes, the government of countries can not be regulator of bitcoin and bitcoin be considered not currency the government thinks bitcoin will makes dangerous system of currencies on their countries, but the fuct bitcoin helps the system of currencies for the people around the world, for example bitcoin protects us from the inflation in fiat currencies and it will helps on crisis of economy too. |
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Genosx
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November 08, 2017, 04:30:50 AM |
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Because other countries think that bitcoin is a scam and illegal.
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nandasiri
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November 08, 2017, 04:45:04 AM |
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ripti
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November 09, 2017, 08:02:24 PM |
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They think that if they recognize Bitcoin, then the value of the current currency will be reduced in their country. Maybe they do not know the rules of collecting Tax from Bitcoin.
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Zorbak
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November 09, 2017, 08:02:52 PM |
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The reason it is simple, they have the monoply and they do not want competitors. They are like a mafia who control all and what they do not own, they regulate it. The point is to control it but with bitcoin it is a bit different, so that is why they opposite. Some countries they ban, some they do not and wait to see how it will work the expirement of banning on another countries.
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Fatemablabla
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November 09, 2017, 08:10:54 PM |
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Maybe they think that there is no way to take tax on bitcoin and they are taking it as their competitor.thats why they are doing it
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Mazda17
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November 09, 2017, 11:43:52 PM |
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why some country banned bitcoin?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
It is likely that some countries prohibit the existence of bitcoin because bitcoin has not been formalized by its government so that its people are prohibited from using bitcoin. I think the problem is the government ban so bitcoin is not allowed. |
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daringdiscovered
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November 10, 2017, 12:37:36 AM |
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I think Goverment don't wand loss many money from bitcoins.
No it's not like that, the reason behind this is the usage of bitcoin in illegal activities like buying illegal drugs online, illegal weaponry, and so on. So the Government came up to a solution of banning bitcoin for this kind of activity to stop, but I think it didn't, it just lessen than before. However, each countries that banned bitcoin have different stories, and some are too confidential to be said on public. |
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