Countries Banning Crypto Currencies

[trecore4]

I am 100% sure that major countries will never ban the bitcoin completely or they will have the partial control over it by implementing some laws. But the fact that crypto currencies are booming now a days will be the first thing that will prohibit countries from banning it. In indirect way it is creating lots of employment and helping out the countries economy to grow. In the future many laws will be amended so that bitcoin will get taxed and thus government will also get the help form those funds as part of tax. It will help them grow the nation in better way. An looking at the money that is being invested I’m sure government will benefit a lot form this kind of investment. But this is good opportunity in the countries which are full developed and forward thinking. Thats why the third world countries fall behind in the race and drop projects like this.

[bitkanu]

Unfortunately, many counties have banned and will be banning the use of crypto currency.

So far, these countries have banned crypto:
Vietnam
Bolivia
Ecuador
Kyrgyzstan
Bangladesh
Nepal


These countries however do not have a major influence on crypto as they are third world countries and most investors/influences come from the West/China.

Do you guys think as it becomes more of a reality that crypto is the future of currencies, more countries will ban the use due to fear of losing control? Do you think as it becomes the normal form of currency, these countries will lift the ban?

What do you think?

Using Zimbabwe as a case study as a third world country when their economy collapsed they resorted to bitcoin as their main source of foreign exchange.
https://bitcointalk.org/index.php?topic=2361281.0
I believed most of these countries that has ban bitcoin will lift the ban when their economic policies is being reviewed again because bitcoin has really redefines monetary transfer from one country to another invariably opening up payment of services offered by individuals in those countries.

Most of people in zimbabwe moving out their money from their currency which was having hyper inflation to bitcoin is a way to save their wealth not to protect their own country's economy. at this point,the zimbabwe government just can't handle the economy and well their citizens decide to just let the economy collapse and save their wealth, it's not really a "good case study"

[Jannatul Shefa]

Some countries are banning crypto currencies.Like China,Netherlands banned bitcoin.It's very unfortunate. But developed country USA,Canada didn't banned crypto currencies.So overall it's a positive side for crypto lovers.