Bitcoin is illegal in some country

[moudazhang]

 :'(Yes, some governments do not recognize bitcoin, but this does not negate the value of it

[Canoppo99]

the use of the cryptocurrency is illegal in some countries and punishable special at MOROCCO (North Africa)

Its because the those government pretend bitcoin as a threat for their national currency, but why many developed countries are accept bitcoin? I think those countries who ban bitcoin must change their regulation.

[hotala]

guys i have question regarding this OP!

for exemple if i live in Morocco, and Crypto is banned,

can i sell my crypto for USD(bank transfert) in exchange website like bitstamp or any other to receive money in bank ? without any problem even if crypto is ban ? or i will be in trouble.

what ban exactly mean in this situation ?

[Ermegay]

Yes some countries are ban on bitcoin like China, Bangladesh, Bolivia, Ecuador, Kyrgyzstan, and Nepal.

[copoyes]

in my country bitcoin still considered illegal and make a ban to make payments using bitcoin, the reason is still I do not know for sure

[Phantomberry]

The number 1 is China but i think it will temporary many chinese love bitcoin and they invest all of their money to bitcoin here in my country bitcoin is recognizes as a legal.

[carrie_white]

the use of the cryptocurrency is illegal in some countries and punishable special at MOROCCO (North Africa)

I think the reason many small countries are banning bitcoin transactions because their country is still very insignificant about bitcoin, so many people in their country who do not understand about bitcoin, so it can be used and used by people who are not responsible, therefore the government decided to ban the bitcoin of their country

[Bitcoinislifer09]

the use of the cryptocurrency is illegal in some countries and punishable special at MOROCCO (North Africa)

Bitcoin is illegal in some country because I think that their government is very strict specially in their security in their country. Like China, Morocco and etc,their government banned bitcoin even if sometimes  they not understand the advantages or good thing in bitcoin.They think that bitcoin will used in crime and in terrorism so they decided to banned the bitcoin in their country.

[Chrisreal]

I think it's because people have used to carry out vices and the untraceable nature it has also proves more points for its rejection in some countries.

[BlackPanda]

That is what is happening right now, we see some countries doing that. Most countries have tremendous fear of Bitcoin, they are afraid of the destruction of the economy when the Bitcoin price declines significantly. I have seen several times that governments are trying to do the regulation, but more countries are still undecided. most big countries are still waiting and trying to see how Bitcoin is developing in the future. Bitcoin is indirectly needed today because this is one form of technological advancement.

[bribed]

Yes, in China, for example, bitcoin is illegal.

Really? what u mean by illegal? If you mean it is not accepted as a payment form than yeah, now worries about that. But if its really illegal it should be a huge concern for the bitcoin community right? As far as I know the majority of miners sits in China, so if its illegal and they stop mining, bitcoin will likely die? Tell me please if I got something wrong here.

[SyGambler]

yeah I was checking some arab bitcoin related facebook pages and found that Morocco has made bitcoin illegal
some of the Moroccans mentioned that using bitcoin can lead the users to jail now in Morocco , so it seems that they are taking it seriously  
we will see how Moroccans will deal with that in the coming days , I'm sure they will figure it out

[Ararbermas]

I think it's because people have used to carry out vices and the untraceable nature it has also proves more points for its rejection in some countries.

do you mean that is the reason why some of the country banned bitcoin because of that reason? Will for me on my own opinion some of the country banned bitcoin because of its bad feedback which is they used bitcoin through bad things which is illegal things such as buying illegal stuff like drugs and etc . And the common reason is they used this currency because it can hide their identity.

[arlinxoha]

Yes. you have said that in some countries Bitcoin is illegal. Bitcoin illegal in my country too. And the government of my country told the people to refrain from using Bitcoin. It means that their money can be trafficked in another country. Even if someone uses Bitcoin to catch him, he or she will be sentenced to 8 years in jail. Actually I think it's their stupidity. I think Bitcoin will not do any harm to us. This will reduce the unemployment of our country, free of poverty.

[Hobo66]

In my country bitcoin is not illegal and it is not known of by allot of person yet.
I heard that bitcoin is banned in Nepal and other countries. I'm really glad it's not in mine.

[100%succes]

Like my country in Indonesia.BTC in indonesia is ilegal
But now there are some place that allow Btc as means of payment in my country

Different countries respond differently to the presence of bitcoin in their country. Bitcoin is considered to facilitate financial transactions. However, transactions with this virtual currency can also raise the risk of money laundering.

[MSdosOutput]

Yes, it is true that in some countries it is illegal. But this is really bad. We believe that within a short time they will realize the benefit of bitcoin and they will allow it.

[jkoin]

the use of the cryptocurrency is illegal in some countries and punishable special at MOROCCO (North Africa)

I think this illegality is a temporary decision of the government and they will also want to bite off their piece from the crypto-pie. And the technologies that are created in the cryptomir will not remain without attention to such states.

[LogitechMouse]

That's a bad news indeed. Why they only see the negative side of bitcoin and can't see the positive side of it. The government can't see that bitcoin can reduce the unemployment problem in their country or probably these governments are pro - banks so they are anti - crypto. I hope the time will come that digital currencies will not be banned in ALL countries around the world.

[f150]

the use of the cryptocurrency is illegal in some countries and punishable special at MOROCCO (North Africa)

In a country where I live bitcoin is not yet legal, but I think if it is legal in banking financial opportunities in my country it is likely to be better. I do not know for what reason they can not accept bitcoin for legal, but bitcoin users in the country where I live grew from time to time even though bitcoin is not legal yet. but I think sooner or later bitcoin will be legally used in the country where I live