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Topic: Countries Banning Crypto Currencies - page 4. (Read 1163 times)

full member
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Merit: 107
November 11, 2017, 05:19:32 AM
#3
It is unfortunate that this countries are also third world countries it hinder their people to make more cash flow. It really does not make any sense why countries are afraid of bitcoin. I understand nepals decision because they are not a technological country they want to preserve their country culturaly,  but others like vietnam which is one of the fastest developing country, there is no sense on banning crypto.
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Activity: 390
Merit: 163
November 11, 2017, 05:10:35 AM
#2
As bitcoin becomes more and more mainstream I believe these countries will lift the ban, especially if their economy in said country is collapsing.
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Tontogether | Save Smart & Win Big
November 11, 2017, 05:03:18 AM
#1
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?
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