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Topic: Why bitcoin is not supported in some countries? - page 112. (Read 98470 times)

legendary
Activity: 966
Merit: 1004
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Yes it is real that bitcoins is not available in some countries in the world,bitcoins will not be available for a particular country when for two reason.Legalization issue and internet connection shortage or no acces into the internet.
sr. member
Activity: 322
Merit: 250
There are so many instances why a certain country is against on bitcoin, maybe it has to deal with their policies, or maybe a negative review from another country that made bitcoin also sounds not good to other country.
member
Activity: 79
Merit: 10
DREAMS ONLINE
I have heard that bitcoin is not supported in some countries. But why ? Is it because bitcoin is risky ? Some countries even declare 6 months jail if her people use bitcoin. Is it fair ? I mined few cryptos and have left mining. It was fun and challenging too. But I never got any clear answer. What does my gpu actually do ? I pay electric bill, my room temperature goes high and I get paid. With actually no skill on pc hardware and software. Whole thing is still pretty unclear to me

It is maybe because those countries feel bitcoin can make their people get away from fiat and stop believing them and accept or use bitcoin more often than fiat if they let them do this, so maybe that is why they just ban it so that they don't have any problems because of it.

After all it is economic policy matter of every country .some contries thinks that if there currency invest in large scale in btc and in future if btcs got in troules ,there may scaring  essue to every country to collapsing  there economic condition.
sr. member
Activity: 574
Merit: 253
I think some country do not allow Bitcoin because they are scared about criminals, high tech criminals that use Bitcoin as their payment method, an uncontrolable way to pay
I think not, but some country is scared because of the bitcoin can beat the legal currency, this is because the bitcoin can be used by a wider (global) while the local currency should be to the exchanger if abroad.
sr. member
Activity: 518
Merit: 250
Yes I agree with that, but bitcoin become legal in some country, for example japan and america. I think it depends on the consideration of the state it self. Actually bitcoin is very useful for us so every country must accept bitcoin.
Yes in some areas they have been legalize it and accepts bitcoins as payment. That would be the reason in some countries they have been prohibited people to earn bitcoins or to surf on the internet it will be one of the major problem in bitcoins.
Well, but I know India, Bangladesh still not support Bitcoin and forbid it. In my country look like too, but they not forbid to use Bitcoin, they just not help about issue Bitcoin when using it
full member
Activity: 199
Merit: 100
Well, recently Israel court rules banks can legally deny service to btc businesses in the country. Israel is literally the bankster capital of the world,why would they allow btc.
hero member
Activity: 826
Merit: 501
Yes I agree with that, but bitcoin become legal in some country, for example japan and america. I think it depends on the consideration of the state it self. Actually bitcoin is very useful for us so every country must accept bitcoin.
Yes in some areas they have been legalize it and accepts bitcoins as payment. That would be the reason in some countries they have been prohibited people to earn bitcoins or to surf on the internet it will be one of the major problem in bitcoins.
sr. member
Activity: 714
Merit: 250
I think some country do not allow Bitcoin because they are scared about criminals, high tech criminals that use Bitcoin as their payment method, an uncontrolable way to pay

Criminals that use bitcoin as their payment? Where will they pay? They are not the one paying, their costumers are. And they get their money by stealing them. If these is the reason why the government do not allow bitcoin, then all country will never be accepting bitcoin because we all know that bitcoin is widely used on the Deep Web.
Yes I agree with that, but bitcoin become legal in some country, for example japan and america. I think it depends on the consideration of the state it self. Actually bitcoin is very useful for us so every country must accept bitcoin.
newbie
Activity: 27
Merit: 0
Bitcoin users face issues with the government in countries with high inflation but not to the extent of fully banning it. I think the support or nonsupport part comes from issuing or not issuing licences for websites that trades cryptocurrencies.
hero member
Activity: 2086
Merit: 501
★Bitvest.io★ Play Plinko or Invest!
I think some country do not allow Bitcoin because they are scared about criminals, high tech criminals that use Bitcoin as their payment method, an uncontrolable way to pay

And they know that they can't control and regulate it. Maybe they really are not ready for Bitcoin and to enter the world of cyber and catch those cybercriminals since it is out of their capabilities unlike Japan who bravely accepts Bitcoin because they know they can effectively regulate it.
sr. member
Activity: 546
Merit: 256
I think some country do not allow Bitcoin because they are scared about criminals, high tech criminals that use Bitcoin as their payment method, an uncontrolable way to pay

Criminals that use bitcoin as their payment? Where will they pay? They are not the one paying, their costumers are. And they get their money by stealing them. If these is the reason why the government do not allow bitcoin, then all country will never be accepting bitcoin because we all know that bitcoin is widely used on the Deep Web.
nod
full member
Activity: 126
Merit: 100
I think some country do not allow Bitcoin because they are scared about criminals, high tech criminals that use Bitcoin as their payment method, an uncontrolable way to pay
sr. member
Activity: 994
Merit: 256
I have heard that bitcoin is not supported in some countries. But why ? Is it because bitcoin is risky ? Some countries even declare 6 months jail if her people use bitcoin. Is it fair ? I mined few cryptos and have left mining. It was fun and challenging too. But I never got any clear answer. What does my gpu actually do ? I pay electric bill, my room temperature goes high and I get paid. With actually no skill on pc hardware and software. Whole thing is still pretty unclear to me
to me bitcoin is not supported other countries the main reason is that they will no knowledge about bitcoin.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
Bitcoin is not supported by other countries because of their certain laws that does not allow the bitcoin in some countries. And some does not have an internet connection that would be able to allow the people into access with bitcoin.

Yet to hear about a country that doesn't not have internet connection.
And if you think about North Korea first it does and second it is only one country.

Who are the rest?

sr. member
Activity: 714
Merit: 250
Bitcoin is not supported by other countries because of their certain laws that does not allow the bitcoin in some countries. And some does not have an internet connection that would be able to allow the people into access with bitcoin.
sr. member
Activity: 272
Merit: 250
Countries all over the world have an ambiguous attitude towards digital crypto-currencies. Some fully support digital money, while others have not yet made a decision regarding such currencies.
For some reason the state forbids the use of bitcoins. Whereas if bitcoin is legalized it will probably provide many benefits and benefits to their community, I hope there will be countries that start allowing bitcoin
full member
Activity: 378
Merit: 111
Based on what i red about bitcoin, why bitcoin is not supported by other countries ? Simply because we have different policies that some government really do not accept bitcoin and don't have any internet connection in some other countries just like in north korea, they don't have any internet connection there because of there behavior.
sr. member
Activity: 994
Merit: 252
In most countries not many people know yet what bitcoin even is. Even here in u.s not everyone knows what bitcoin is.
yes I am agree with you the main reason of the bitcoin is not supported in some countries is that many people have no knowledge that what is bitcoin and how they can use it and so if I have know about bitcoin has to teach other person who can not know about bitcoin I hope that way bitcoin will spread in all countries and I think other reason is that some countries has difficult to manage bitcoin process.
sr. member
Activity: 2156
Merit: 323
As every nation has some different policy to control money laundering or further avoid any suspicious activity that could be hampered those country economy or any crisis. This type of rule, mostly notified third world country which have a poor economy.
hero member
Activity: 1190
Merit: 500
Countries all over the world have an ambiguous attitude towards digital crypto-currencies. Some fully support digital money, while others have not yet made a decision regarding such currencies.
I heard there was a country or some countries began to allow bitcoin to enter and be adopted by people in that country. I hope there are many other countries that will follow the country.
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