Bitcoin is not to banned or rejected

[bitvelk]

It is unlikely that those countries that have banned bitcoin are guided by these principles that you have written. I still believe that the government has its own interests in banning bitcoin, as the development of a decentralized currency is not beneficial for them.

[Glutius]

I think that many countries will eventually accept bitcoin, because it is increasingly distributed among people, and the government simply will not be able to ignore the interests of the majority of citizens. And as for fraud with bitcoin-it's just skepticism.

[Lorin]

One of the reason why government banned bitcoin in some countries because of the usage of it in some criminalities. We know that bitcoin is digital currency  and it was transact through internet without third party thats why its easy to use for illegal. But despite  of it  more people are getting involve into bitcoin because they kniw how btc is helpful.

[SistaFista]

There are various reasons and risks from Cryptocurrency including:
1. As in the form of digital assets, it is easily misused for financial system crimes such as money laundering.
2. The absence of a clear system, makes cryptocurrency vulnerable to malfunctions that ultimately harm users.
3. Crypto assets have the potential for financial crime (fraud), security violations and operating failures.

       For this reason Cryptocurrency cannot be legally accepted and even banned in some countries. All definitely have strong and wise reasons such for the safety and comfort of the user in the country. Therefore, I think it is time for stakeholders in various countries, especially in countries whereas crypto-capitalexchanges trading ecosystems is high, must think about creating and compiling clear regulations related to cryptocurrency to prevent future potential problems. Because we know Cryptocurrency has become an unavoidable necessity and Crypto is not for us to avoid but must be seen as a potential for benefit and global progress.

       Besides of the regulation of Cryptocurrency itself, the main problem is to prevent and avoid irresponsible individuals who have the potential to do other bitcoin or crypto washing, or theft of Cryptocurrency.

I question my self that do we can be free or stay away from fraud?

Bitcoin is not accepted by every countries in the world because there are peoples who using bitcoin for bad purpose.
And we can't know who using bitcoin with a wrong way unless we know the address owner.
Fraudsters and scammers take advantage of crypto because of it.

[zhanyiguai261315]

The main reason why BTC is banned is that it is difficult to supervise BTC!
With the development of blockchain technology, the supervision of BTC will certainly become easier!
By this time, all countries in the world will be open to BTC!

[LastHope99]

The main reason why BTC is banned is that it is difficult to supervise BTC!
With the development of blockchain technology, the supervision of BTC will certainly become easier!
By this time, all countries in the world will be open to BTC!

Absolutely correct. Btc will go mainstream once it can be fully controlled. No other way.

[Lammie]

We already see it being slowly controlled by asian governments. I'm very skeptical at this moment.

[zeingrind777]

The main reason why BTC is banned is that it is difficult to supervise BTC!
With the development of blockchain technology, the supervision of BTC will certainly become easier!
By this time, all countries in the world will be open to BTC!

Absolutely correct. Btc will go mainstream once it can be fully controlled. No other way.

If Bitcoin is fully controlled, then Bitcoin will lose its decentralized nature. Meanwhile, Bitcoin was created as a decentralized currency and transparency. Why do we use Bitcoin if the government and state fully control Bitcoin? it is no different from fiat money and banks

[oceantiger]

The issue is a bit dicey because anything done to put control on crypto will surely negate the fundamental of bitcoin which is decentralized and this is what makes bitcoin what it is. Taking away decentralization from bitcoin will make it be nothing. So what are we going to do in this situation? I think the best option if possible was for the people to follow the guidelines on usage of bitcoin which was merely for P2P transactions. Everybody sticking to the good use of bitcoin and not exploiting the evil usage of bitcoin.(money laundry, funding of terror and drugging)

[DaWidyaa]

I think if bitcoin is used correctly it will be beneficial for you, when you hear from people that bitcoin is harming maybe they are in the wrong group in using bitcoin.

[manfredmann]

Freeing from fraud? It will never happened. Let me remind you that the population of the whole world is 6.5 Billion people and each of them has different characteristics. Fraud will never get away especially to the third world country. Getting in jailed is an easy part compared to looking for money to buy food. So, with the poverty people resort to doing fraud. You can even sense that here in the forum especially in marketplace that there are many fraud users out there. And we can't do anything about it because it is already there and it will be so hard to remove the fraud in that section.

[BagzMM]

Bitcoin is known worldwide for it is uses blockchain technology. Maybe some countries banned bitcoin but try to look at those countries who adopted bitcoin, their economy has stabilized.

[sublime5447]

It seems countries that reject Bitcoin are not more than countries support it, it's only a matter of time until they make a decision to follow other countries because inevitably they have to be part of the change if they don't want to be left behind by other countries.

[ellehcar]

      For this reason Cryptocurrency cannot be legally accepted and even banned in some countries. All definitely have strong and wise reasons such for the safety and comfort of the user in the country. Therefore, I think it is time for stakeholders in various countries, especially in countries whereas crypto-capitalexchanges trading ecosystems is high, must think about creating and compiling clear regulations related to cryptocurrency to prevent future potential problems.

Anything in this world involves risks. Even just crossing the road, there is risks accustomed with. If our forefathers looked at and dealt with these negatives negatively, we would not have seen progress now. Even in any financial institution, these negative reasons are present, but why did they manage to go mainstream? It's because they looked at its benefits rather than its downsides, which is obviously weightier than the latter. Yeah, I also believe that to clear all the doubts about crypto, it must be regulated by the government, so as to avoid abuse also. Through that, it will reach its full potential. That is probably the only thing that's left undone for it to be widely adopted.

[izanagi narukami]

My government can do anything include banning crypto for their good.
We as civilian can't do nothing against their decision because in other side, government want to protect their people from harm because as we know that crypto trading consider as risky investment.

As long as I'm aware the risk, I still can trade but with my own risk !

[kram31]

Bitcoin will be banned if all country will agree on one decision.
But if there will be one alone who will stand in favor of BTC then it is not possible.
There are so many country seeing that Bitcoin is one of the answer of against poverty.
BITCOIN will never be banned. it will be regulated though.

[MAJICOIN]

Bitcoin is decentralized currency so it can not be rejected by any third party and it is free form political interference so it can be said that it no one can bane bitcoin it is free and it will free from third parties, bitcoin is good to buy now at low prices and keep it for trade in future now many businesses in the crypto are using crypto as money for buying and selling and this will make a new world which will rely on bitcoin and crypto but still it takes time to implement every where for use.

[hanifhadzar]

There are various reasons and risks from Cryptocurrency including:
1. As in the form of digital assets, it is easily misused for financial system crimes such as money laundering.
2. The absence of a clear system, makes cryptocurrency vulnerable to malfunctions that ultimately harm users.
3. Crypto assets have the potential for financial crime (fraud), security violations and operating failures.

       For this reason Cryptocurrency cannot be legally accepted and even banned in some countries. All definitely have strong and wise reasons such for the safety and comfort of the user in the country. Therefore, I think it is time for stakeholders in various countries, especially in countries whereas crypto-capitalexchanges trading ecosystems is high, must think about creating and compiling clear regulations related to cryptocurrency to prevent future potential problems. Because we know Cryptocurrency has become an unavoidable necessity and Crypto is not for us to avoid but must be seen as a potential for benefit and global progress.

       Besides of the regulation of Cryptocurrency itself, the main problem is to prevent and avoid irresponsible individuals who have the potential to do other bitcoin or crypto washing, or theft of Cryptocurrency.

I question my self that do we can be free or stay away from fraud?

From the first launching of Bitcoin is a digital asset that has no physical form and the crime of using Bitcoin has long happened because of its anonymity, but that only a few people do it, but it continues to be exaggerated with the aim of dropping Bitcoin. But you don't worry! as long as the ICO project is still crowded by investors and Bitcoin is still valuable, that means Bitcoin and crypto are useful in everyday life.

[brooklynian]

Let us desist from ascribing all forms of negatively to cryptocurrency. If a government chooses to prohibit it, it is often out of hatred for decentralization. There are a lot more scams associated with the fiat currencies that are well regulated. Some very good countries are already promoting cryptocurrency.

[Joeyvicky]

All these points seem to be an allegations against bitccoin aside that before bitcoin people were still using national currencies in commiting crimes and as far as something is good it definitely has people toshow some bad aspect of it and to us we know bitcoin can not be rejected or banned and even some countries which turn it banned them will soon appreciate it essence in life.