What will happen if the government know bitcoin in your country?

[SoundChariGrabs]

I have no idea. I will not be going to use it because what is the need to take risk? Better to have precaution

[charlemagne_15]

I think they will ban bitcoin because of the fearful that may affect of the economics of my country but i disagree there opinion because working bitcoin is very helpful for me especially the support financial.

My country is already aware of bitcoin. As a matter of fact, there is a lot of news about it. The first news that flash was they explain what bitcoin is, the mechanics, and how it can help us. Thay also held a seminar regarding this eith some bitcoin expert. The government of us is studying the bitcoin right now whether to embrace it or not because of there were also a bad and negative news about bitcoin. Bit I guess they are planning to ban it due to the reports of people who were involve here that was scammed by others.

[Dr.Osh]

actually, the government has learned about bitcoin in my country. but, I think they have not been too focused on this. well, there may be other bigger things to watch out for. I am sure, the government will support this performance.

[Iblis 02]

Not prohibit but regulate to better maintain the security of the people while maintaining economic stability in a country because every rule made must have a good idea and as ordinary people we can only comply with all existing regulations.

[T-Bag]

Using bitcoin as a point of sale transaction token in Bali (Indonesia) is illegal, as per regulatory action taken by policymakers in the region back in December 2017. Shortly after the regulatory action was put in place, however, police on the island went undercover to investigate reports of businesses still accepting bitcoin as a payment method.

The results of this undercover operation led to only two businesses being uncovered as still accepting bitcoin, with a further 44 (with operations ranging from car rental to jewelry and more) having just recently stopped.