Bitcoin is not the only one banned in other country but the cryptocurrency itself... Some government banned it because it is decentralized... It needs a legalization before it some country banned it... Some people also used it in illegal purpose though
for us it is useful but if it contributes to the world problems we cant change their decision... And also there a lots of related scam happening here.... As a crypto user we've get affected by this because... Like what happened in China where the government banned the use of cryptocurrency and any related website used by some ICO...
Topic: why bitcoin is banned by the government (Read 2037 times)
is not that bitcoin able to change the state of its users which effects also on the state of the country's economy, why even banned hemzzz 
Bitcoin ban in many country due to its decentralised nature 
. Because of this no government can control it production and distribution. Many other factors like criminal activity. Bitcoin support many criminal activity like kidnapping, murdering, childprongraphy, Anti money laundering etc. And it is also use for different online scams. And those criminal activity are done with the help of Bitcoins untraceable money transaction facility. Bitcoin users doesn't pay tax to their government and this thing affect their country financial and economy growth. So these are the some reason behind government ban bitcoin
Bitcoin cannot be banned easily in the ultimate sense as it resembles the character of a ballon, pushing it down on one side and it grows on the other side. I think that the government just wants to study the income and outcome of what Bitcoin will be before making a decision but it has already been used worldwide for swift transactions without 3rd party.
is not that bitcoin able to change the state of its users which effects also on the state of the country's economy, why even banned hemzzz
They may want to ban it, but it is nearly impossible to carry on effective measures to implement that decision. In essence, they just don´t like people with too much economic freedom.
The main reason why Bitcoin is banned by the Government may be a threat to the economic turnaround of a country. And for example will be very influential on financial system and finance in a country will weaken. As a result there will be a negative problem that will divide the economy of a country.
Governments all over the world are attempting to ban bitcoin in one form or another, but they're finding it almost impossible to slow enthusiasm.
The real reason why our Governments are not making Bitcoin a legal mode of Payments and settlements! - Understanding the pain of governments ! and how can they overcome it!
The real reason why our Governments are not making Bitcoin a legal mode of Payments and settlements! - Understanding the pain of governments ! and how can they overcome it!
There are many reasons why government banned bitcoin, and for me the dominant reason about this is that banks fear bitcoin, we all knoe that banks has huge amount on tax for our government thats why they are making way to avoid negative scenario another one is that bitcoin is an electronic money so this one will not usable for all and I am sure that government does not like that.
is not that bitcoin able to change the state of its users which effects also on the state of the country's economy, why even banned hemzzz
Bitcoin may be a threat for a country, government has no full control over it and the only way they could do is to regulate it. Bitcoin might be use for illegal transaction, through this people may do anything they want anonymously with intervention of anyone even the Government. Bitcoin has decentralized feature and government has nothing to do with it.
it' right. the government has no full control over bitcoin and bitcoin might be use for illegal transaction. every government has own currency, they want their currency exist too.
Simply for reason that the government have no control over the bitcoin activities ,the government can not benefits the bitcoins because they can not monitor what wad going in this organization thay is why government banned the bitcoin.
Bitcoin is known by some of the government illegal. I am not saying that all of them are saying that bitcoin is not legal. But some of them that's why they are banning it to their country and they are not seeing the future of the country if they have innovated technology with bitcoin.
Government and central bank ban bitcoin because they cant control it. As we know, bitcoin supply can not be change and central bank always want to control money supply.
Bitcoin is known by some of the government illegal. I am not saying that all of them are saying that bitcoin is not legal. But some of them that's why they are banning it to their country and they are not seeing the future of the country if they have innovated technology with bitcoin.
The government doesn't want to have an distraction for their leadership in their country because if they will let a currency that is decentralized to take over their country then they will be on a risky situation because the people will not use the fiat more often
I think the only reason why government doesn't recognize bitcoin is because it is a decentralized form of monetary system and its hard for them to interfere, so the only they can attack bitcoin is by making block propaganda to distroy the image of bitcoin but banning is very hard for them to do.
The government doesn't want to have an distraction for their leadership in their country because if they will let a currency that is decentralized to take over their country then they will be on a risky situation because the people will not use the fiat more often
I think the only reason why government doesn't recognize bitcoin is because it is a decentralized form of monetary system and its hard for them to interfere, so the only they can attack bitcoin is by making block propaganda to distroy the image of bitcoin but banning is very hard for them to do. 
The governments ban bitcoin since there are perceived threats such as
1.domestic policy
2.tax compliance
3.monetary supply controls
4.special interests
1.domestic policy
2.tax compliance
3.monetary supply controls
4.special interests
Bitcoin prohibited by the government may be caused by the very fluctuating bitcoin price and the security is very vulnerable for the retas by the irresponsible parties therefore the government is afraid of losses that will be borne by the community and again bitcoin in banned For fear of not applying the currency which has been used by the country
Bitcoin is banned by some government because their are so many risk involved. And bitcoin is technical.
There are very few countries which have banned Bitcoin. The major reasons are that Bitcoin is decentralized which will snatch the power of financial control from government and give it to the public. Further, Bitcoin can be used for many illegal purposes like terrorism, money laundering and tax evasions. Also, cyber crimes have increased due to cryptocurrencies.
is not that bitcoin able to change the state of its users which effects also on the state of the country's economy, why even banned hemzzz
The only government who will going to that only is the country who doesn't know everything about the deepest content of bitcoin like its features. And what it can give in the future. If this is not really good(bitcoin) why other country like Japan government decided to regulate bitcoin to their nation? its just an example
is not that bitcoin able to change the state of its users which effects also on the state of the country's economy, why even banned hemzzz
I guess bitcoin is banned by some of the government in the world because it seems that they have nothing to claim into it they don't even handle it. No control in short meaning to say if the government have nothing to do in something or in bitcoin they will ban it. 
the government forbids bitcoin because they fear bitcoin will be used for crime and bitcoin can make its users lose money and they can not do anything and can not control bitcoin
That’s because bitcoin’s purpose is misunderstood by these countries who feel like their countries security is put in danger and that bitcoin has believed to cripple their economy. This is one of the reasons why realizing bitcoin’s purpose is hard to put it into reality.
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