fahad.khan
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December 11, 2017, 03:03:33 PM |
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There are many countries where bitcoin is not legal..Why they don't accept the better technology..I can't understand why they don't accept it??What do you think about this topic, please share..
Because through this trading platform or investment, people throw their money into bitcoin, and that money circulates around the world. When money leaves the country, governments dont like it at all. |
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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spongegar
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December 21, 2017, 03:12:50 AM |
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There are many countries where bitcoin is not legal..Why they don't accept the better technology..I can't understand why they don't accept it??What do you think about this topic, please share..
I don't know if you know this but pretty sure you have seen the replies on this thread and I'm going to say it anyway... Basically it's TAX! These government doesn't want bitcoin because they won't profit from it pure and simple. Outside that, bitcoin is generally anonymous. You won't be able to trace who is funding who. Do with that in mind, terrorism and money laundering could easily be done with this platform |
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posoa
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December 21, 2017, 04:10:45 AM |
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The reasons why government don't accept bitcoin may include no revenue to generate like Tax,Vat,bank charges and others,since it is a digital currency that works with Blockchain Technology, the government will not see the need or benefit involve in accepting Bitcoin, the government may be considering what Economic impact that Bitcoin will generate to countries financial growth and may not really see it in any way. And since the government and the Financial institution really do not understand the ideology behind the Bitcoin, all they could do is not to accept bitcoin.
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football998
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December 21, 2017, 05:48:47 AM |
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There are many countries where bitcoin is not legal..Why they don't accept the better technology..I can't understand why they don't accept it??What do you think about this topic, please share..
they don't accept better technology because it can be harmful to their country . There many bad activity appear if they accept bitcoin EXample : money laundering, gambling ,... |
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imdabest239
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December 21, 2017, 05:51:11 AM |
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Why would they accept it? and what do you mean by "accepting"? You have a bad concept of it, a whole government can not accept bitcoin because they are not selling anything.
The ones who decide if they want to accept bitcoin or not are the stores, not the govs..
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minhnguyen
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December 21, 2017, 05:51:40 AM |
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becu they dont hodl enough yet
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ronandol198
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December 21, 2017, 06:39:20 AM |
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There are many countries where bitcoin is not legal..Why they don't accept the better technology..I can't understand why they don't accept it??What do you think about this topic, please share..
I think accepting bitcoin is a big problem because it will have a huge impact on their country. If they are not sure they can control bitcoin, not accepting bitcoin is a good decision |
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coinSpecter32
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December 21, 2017, 06:41:43 AM |
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The fact that bitcoin is decentralized and not regulated, the government will surely won't allow that. Even now, some countries are doing moves to ban the use of bitcoin to their people.
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Sendah
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December 21, 2017, 11:38:04 AM |
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Its just on my thought, maybe because they don't get tax in bitcoin , well im not sure in that but in my country i know government accept bitcoin because its legal and some store are accept bitcoin as payment.
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ice_man75
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ICEMAN - SMART CONTRACTS DEVELOPER
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December 23, 2017, 04:38:16 PM |
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There are many countries where bitcoin is not legal..Why they don't accept the better technology..I can't understand why they don't accept it??What do you think about this topic, please share..
Bitcoin is decentralised, it has no governing body. It can't be controlled by someone, if the government can not control it they won't accept it. T |
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Daniel91
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December 23, 2017, 04:41:22 PM |
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There are many countries where bitcoin is not legal..Why they don't accept the better technology..I can't understand why they don't accept it??What do you think about this topic, please share..
Bitcoin is decentralised, it has no governing body. It can't be controlled by someone, if the government can not control it they won't accept it. T Yes, it's one possible reason but not only one. What if someone stole your bitcoin? Can you complain to the authorities? Ask for legal protection? Which authorities? There is no country or bank responsible for bitcoin. I think that we may have state crypto currency in the future, controlled by the government. |
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dhiraj0977
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December 23, 2017, 04:42:23 PM |
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Frankly, the reason is they did not accept bitcoin because they have no control at all. They want something that they control...  |
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joebrook
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December 23, 2017, 08:40:02 PM |
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Frankly, the reason is they did not accept bitcoin because they have no control at all. They want something that they control... Most governments have legalised bitcoins in several countries and though they have legalized it, they have issues with its anonymity because of money laundering, tax evasion and terrorism financing. They are looking for ways and means to combat these whiles they accept bitcoins. |
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coinSpecter32
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December 23, 2017, 11:24:40 PM |
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There are some countries who don't accept bitcoins as a currency. Some governments think it will just be used for criminal activities.
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joromz1226
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December 23, 2017, 11:39:41 PM |
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There are many countries where bitcoin is not legal..Why they don't accept the better technology..I can't understand why they don't accept it??What do you think about this topic, please share..
That is because of decentralization why the government in the other country don't accept bitcoin. They knew they had any authority to control anything in bitcoin especially to bitcoin users or bitcoin enthusiast. |
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ArkMage
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December 23, 2017, 11:52:58 PM |
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Every single government is pretty conservative and adopts innovations very slowly, that's why I guess. We'll see some adoption in the near future...
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coinSpecter32
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December 24, 2017, 12:16:37 AM |
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The government wants to control everyone and everything. It is something they can't do in bitcoin, that is why some countries won't allow the use of it.
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reymartH
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December 24, 2017, 12:43:29 AM |
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Other countries concerned with money-laundering and terrorists financing potential of Bitcoin.
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coinSpecter32
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December 24, 2017, 12:46:55 AM |
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Other countries concerned with money-laundering and terrorists financing potential of Bitcoin.
Yes, it is also considered as one of the reason. But one major reason is that the government can't control bitcoin. |
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etron
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December 25, 2017, 03:30:33 PM |
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There are many countries where bitcoin is not legal..Why they don't accept the better technology..I can't understand why they don't accept it??What do you think about this topic, please share..
I think because bitcoin is a digital currency that can not be traced by the government, many gangsters who staged their actions here like (drug smugglers, corruptors and so on). |
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