Why lot of countries do not allow to use Crpto?

[Pujangga]

Can be said that crypto feature is hated country, crypto presence of course become threat of legal currency because if used massively then people prefer to use crypto while country can not control and get benefit.

[RodeoX]

When you say "a lot" you mean like three, right? What countries do you think are not allowing bitcoin?

[stephanirain]

Lot of countries do not allow to use crypto currencies and they discourage using them. However as far as I feel, trading with crypto is not that harmful for the economy of the country. As an example, if a person has Eth and someone from another country needs to buy Eth, that buyer needs to pay the seller in terms of dollars. Then that seller needs to convert that Dollars to his native currency which means it creates a the demand for the native currency and increase the value of the currency. May be the government is unable to add a tax on such transactions but it is beneficial for the currency used in seller's country.
What do you think about that?

Other countries do not allow to used cryptocurrency because there are people who used it to their illegal activities such as scams and selling drugs, and they are afraid that it would replace fiat currency and banks. But there are now a lot of countries who accepts cryptocurrency especially bitcoin like America and Japan.

[Oliver2]

The value of encryption is still there, but the risk of encryption is very high, and the market value of encryption is very high, but it is unstable. Therefore, if there is a problem, encryption will easily lead to huge losses for investors.

[Silberman]

Governments are afraid of losing the control over financial flows in their countries. Judge for yourself: anonymity, decentralization and free emission. It sounds like a nightmare for the head of any bank or government.

Yes bitcoin is their worst nightmare and the worst part is that it is real, if governments cannot even deal with piracy over the internet, how are they planning to deal with something like bitcoin? The truth is that despite all the posturing they know very well that they cannot do it, so some countries like Japan have took the decision to adopt bitcoin instead and to benefit from it.

[Allura74]

The government is greedy. They want to make money out everything possible. A decentralized currency means they cannot place taxing and controlling rules upon it. Which means they do not get anything in return in allowing it's citizens to use cryptocurrencies. This can hurt the government by providing less service since they cannot maintain it but the government isn't always looking for the good of it's people.

You are spot on. The governments are getting greedier by the day. Only the air we breath and the water we drink are tax free as of now. And I don't know for how long the situation will remain like that. Here in Indonesia, the taxes are crushing the middle-class people.

Well, its obvious that most government doesn't give good image for bitcoin since in the first place they can't take such benefits for income taxation for crypto currency is a decentralized system and if more and more people coming for crypto currency and they will left their corporate job then obviously its a big loses for income tax.

[atetess]

Because they cannot control the crypto, they cannot verified the transactions and the user unlike with the usual currency that they can check the details provided that there are some permission to do it.

[Jose Rizal]

Lot of countries do not allow to use crypto currencies and they discourage using them. However as far as I feel, trading with crypto is not that harmful for the economy of the country. As an example, if a person has Eth and someone from another country needs to buy Eth, that buyer needs to pay the seller in terms of dollars. Then that seller needs to convert that Dollars to his native currency which means it creates a the demand for the native currency and increase the value of the currency. May be the government is unable to add a tax on such transactions but it is beneficial for the currency used in seller's country.
What do you think about that?

It is maybe because of the other sort of factors in which the state needs to consider before allowing such type of currency to be legally used by its people. For some reason, the government wants to have the tax paid by the crypto users for the fact that they are still into earning their income and as a part of that, this will be helpful for the economic state of their country but the problem is, all of us are anonymous in the crypto world and it is hard to determine whether such person is earning crypto or not. Also, the psychological effect on the behavior of people is taking into consideration since corruption and crimes can now be associated with using crypto because of greediness.

[Intensity13.6]

I think other countries not yet ready to adopt the new technology carried by cryptocurrency but i believe soon they will recognized crypto and accept it. Also crypto is decentralized,maybe theyvare just preparing to regulate cryptocurrency before they are going to use it on their country. Every country has a different problems,strategy and plans for the good and  development of their country.

[Angi]

They will not accept bitcoin on their own because others think or they government think that they didn't earn a lot from if because they wan't to control crypto itself by their own so it will gonna be big trouble and lost of money if they will do that.

[Nick Abimanyu]

Lot of countries do not allow to use crypto currencies and they discourage using them. However as far as I feel, trading with crypto is not that harmful for the economy of the country. As an example, if a person has Eth and someone from another country needs to buy Eth, that buyer needs to pay the seller in terms of dollars. Then that seller needs to convert that Dollars to his native currency which means it creates a the demand for the native currency and increase the value of the currency. May be the government is unable to add a tax on such transactions but it is beneficial for the currency used in seller's country. 
What do you think about that?

You are right, OP. It's just that the government's way of thinking is so low that they can not get there. If the government's way of thinking can achieve it, many extraordinary things from cryptocurrency, in addition to benefiting its currency, the government can also increase the level of the economy of its citizens to be even better.

[dlhezter]

Lot of countries do not allow to use crypto currencies and they discourage using them. However as far as I feel, trading with crypto is not that harmful for the economy of the country. As an example, if a person has Eth and someone from another country needs to buy Eth, that buyer needs to pay the seller in terms of dollars. Then that seller needs to convert that Dollars to his native currency which means it creates a the demand for the native currency and increase the value of the currency. May be the government is unable to add a tax on such transactions but it is beneficial for the currency used in seller's country.
What do you think about that?

In my own personal opinion, people do not allow cryptocurrency because they think it would ruined or destroy the economy of their country and they are afraid that cryptocurrency could replace fiat currency and banking. But there are still countries who already accepts cryptocurrency in their country and there are no any bad effects to the economy of what so ever.

Yes, some it will be personal matters of the government or they see no control over the digital currency, because of its volatility and fast changing values.

[bsce1-1]

the value of that currency already decreasing due to lot of international trading , after crypto come , people investing that country in bitcoin and save that money thus their funds decreasing . In India they banning crypto for reason - Decrease of rupee price , lots of scam happens , People us bitcoin as illegal trading . if people use bitcoins , its direct loss of government as they are not getting any tax on bitcoin transfers

Why US bans crypto ?
South Korea also banned
  

Without a doubt, it bigly influences the close-by money, in light of the way that our neighborhood cash is controlled by our organization they know how much the demand and moreover the estimation of the remote exchange.Different country has a substitute insight in bitcoin, I assume that was generally government pondering that people may be used bitcoin to have an unlawful trade and easy to make any action illicit of the country. Additionally, the accompanying is they think in like manner that bitcoin may be the huge contender against the banks close later on and they can't control it.

[maculeth]

because crypto is illegal. the government also has not provided any regulation related to crypto. crypto prices are also unstable, thus increasing the risk of loss.

[Sled]

because crypto is illegal. the government also has not provided any regulation related to crypto. crypto prices are also unstable, thus increasing the risk of loss.

Cryptocurrency is not illegal, it is not legal or illegal. It is just in neutral and it depends on the government of a country if they are going to put a category for the cryptocurrency as a illegal or legal and that is their work because they can make an order to prove if bitcoin is illegal or legal. All we can do is to rely on their order or decision.

[Altf4]

This is been the issue that there are lots of countries that does not allow crypto and bitcoin in their state , because they are furious about bitcoin for they wsnt to regulate cryptos whenever they will allow or accept cryptos in their country, so the government and cryptos, I think will come to rerms and conditions is cryptos will be allow to be use.

[Andrea23]

Because the government is greedy. They don't want decentralized currency. It's a lot harder to tax it. And there are major security risks at the moment with crypto currencies. It's easier to just ban it than adapt to it.

[gunungkembar]

I think that's probably because cryptocurrency currencies are so unstable and fluctuating so cryptocurrency has a very high risk that very few accept cryptocurrency.

[olumyd]

The concepts of cryptocurrency are beyond the knowledge of p2p systems. Basically, there are other influential economic parameters that must be considered before nations can even consider or become dependent on cryptocurrencies.

[Raufjoze]

Lot of countries do not allow to use crypto currencies and they discourage using them. However as far as I feel, trading with crypto is not that harmful for the economy of the country. As an example, if a person has Eth and someone from another country needs to buy Eth, that buyer needs to pay the seller in terms of dollars. Then that seller needs to convert that Dollars to his native currency which means it creates a the demand for the native currency and increase the value of the currency. May be the government is unable to add a tax on such transactions but it is beneficial for the currency used in seller's country.
What do you think about that?

does not allow but the government or the state has no rules governing the bitcoin that protects from users crypto currency when making transactions