Most of the governments? Excuse me but so far we see only a few countries (maybe 3-4 or 5) thinking not to ban cryptocurrencies but to regulate.
China has stopped ICO and not Bitcoin: yes and I think it's good, honestly, most ICOs are crappy. So in the end, it helps cryptocurrencies to not get the cryptos tarnished by a bad reputation
Topic: Can we all please accept.. - page 20. (Read 2164 times)
It is a true fact that some countries and their governments are trying to ban bitcoins in their region.China has stopped ICO and not bitcoins there are lot of people who does mining in china .My dear friend as far as my knowledge i never came across a news that India is banning crypto may be you are stuck with the wrong info . I have lot of Indian friends and so far i never across a news stating that their government is banning bitcoins infact the government is only going to bring in some kind of tax for the once who has gained fortune out of bitcoins. I even came to know that Reliance is going to introduce their own digital coins so i don't think that India will ban bitcoins as it will only help in developing the economy of that country.If the people of that country become rich from bitcoins it will naturally contribute to the development of their region as the once who get profit will normally cash out the amount and will be transacting it to their banks so it is easy for the government to impose tax for the once who get unexpected wealth above their annual income so they are normally liable to pay tax if the amount is high.
People just can't simply accept the fact that their country bans bitcoin and they cant earn profit with some crypto. Some faucet and site did not accept Proxy servers or VPN so they have to face the reality that their government was not open to possibilities and opportunities in the world of cryptocurrency.
Almost all governors against crypto for tax and other reasons. they want control people.
Accept the fact that most of governments will oppose crypto currency. Obviously there are some countries who have decided to embrace the future, but let's face it, most of governments will stand against. Who likes their currency to be weaken? Every time a stupid country opposes bitcoin, there is so much fud and a great price drop.
China bans mining
South Korea will not ban crypto but obviously does not welcome it
India banning crypto
I fully expected this resistance from governments.
Don't be surprised if more countries come out against bitcoin
China bans mining
South Korea will not ban crypto but obviously does not welcome it
India banning crypto
I fully expected this resistance from governments.
Don't be surprised if more countries come out against bitcoin
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