Different countries with different constitutions, the government know her people, in a country where fraud is vast, any opportunity may miused for fraud. The government may not be blamed. but individual can apply wisdom if interested.
yes you are right, different countries different laws. like in some part of the eastern, they prohibited citizens to use internet, therefore people doesnt be able to earn bitcoin because government doesnt allow them , and it is not legalize it yet. They are rules in each country we cannot understand it now , but in their citizens in their countries they can understand it why. 
Topic: Why bitcoin is not supported in some countries? - page 116. (Read 98470 times)
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
I would say that it is due to the anonymity of Bitcoin and the fact that it would be hard to regulate it. Russia banned Bitcoin but now they have turned their standing oppositely because they have seen the capabilities, potentials, the benefits it can offer to their country especially with the great impact to their economy or maybe a solution to the problem they have been facing. I wish that those countries who have considered the use of Bitcoin or the entire cryptocurrencies will see the light and not to miss the opportunity, the blessing that are in front of them. 
Different countries with different constitutions, the government know her people, in a country where fraud is vast, any opportunity may miused for fraud. The government may not be blamed. but individual can apply wisdom if interested.
because of anonimity and government fear of people not paying taxes with btc 
The major reason about that is its legality and it's not yet full studied by the government. We can say that it's easy to leagalized bitcoin im country but it's not. It would take many years to fully reviewed its currency and it must have a law and agreement. This is something not easy to do that's why it's not supported in all countries.
Its simple. Different laws for different countries. Many places take it as the future currency, many are confused about it while the rest just dont want to think about it.
Yes its true, different countries, different laws that we need to obey. Sometimes other countries blocks citizens to surf and thats why they cant earn bitcoin as much as they want. We cannot disobey rules because it has a punishment. Those countries fear that Bitcoin will make their economy to go down. Also several taxation problems have been their, as people prefer Bitcoin to escape taxes. Possibly when things go digitalized countries will use Bitcoin's technology to make their own digital currency.
Yeah. In some reason why other countries didn't support bitcoin is they are afraid to become it their literal currency. taxation problems? I agree here because bitcoin will have a big tax if they allow it in their countries. And the last reason that i think is because they didn't believe on it that it can make their country into better. They are thinking that if we say bitcoin its about scam.Taxation is not a matter for countries to reject bitcoin. Bitcoin is a virtual currency too secure, which will make it difficult for government to manage, and most countries are not capable of doing it.
Its simple. Different laws for different countries. Many places take it as the future currency, many are confused about it while the rest just dont want to think about it.
They are afraid that people on a certain country will fully switch to bitcoin and with that thing happen problem will arise regarding on implementing tax and thats the time the government will have a very big problem because most people do already have the control on their money unlike on banks which is regulated by the government.
Exactly they are afraid of getting bitcoin to be the number 1 currency in their country. They doesn't have that faith that bitcoin can change their country in to better. Government didn't trust bitcoin that much because they think that this will be the reason of falling down of their country. Maybe they didn't know yet why bitcoin should be accept in their country. 
Those countries fear that Bitcoin will make their economy to go down. Also several taxation problems have been their, as people prefer Bitcoin to escape taxes. Possibly when things go digitalized countries will use Bitcoin's technology to make their own digital currency.
Yeah. In some reason why other countries didn't support bitcoin is they are afraid to become it their literal currency. taxation problems? I agree here because bitcoin will have a big tax if they allow it in their countries. And the last reason that i think is because they didn't believe on it that it can make their country into better. They are thinking that if we say bitcoin its about scam. There are few countries banned BTC and don't allow their citizens to use it mostly because of the effect on the local currency in exchange for an international one (BTC), Therefore will result in their currency seeing it's actual value compared to other currencies compared to BTC.
This is a major problem in countries, where the national currency is extremely volatile, such as Venezuela and Argentina. Normally, limits are there regarding the conversion of the national currency to other foreign currencies. But in case of Bitcoin, these limits can't be enforced in most cases, due to the transnational nature of BTC.
No matter how much a government dislike bitcoins and make it harder for people to use it or convert it into fiat, still they will not succeed in it 100%. Insipite of all the bans make by the governments, people are still able to use it online . Governments can only discourage the use of bitcoins by giving lots of incentives in local currency transactions but they cant completely ban it.
Indeed, there are some countries that act against bitcoin, ranging from discouraging citizens to declare it outright illegal and from fines to prison time. The reasons vary since these countries mostly doing a monopoly on their local currency's value "china" therefore freely trading it to USD is bad for them, some "pakistan etc..." have strict regulations on international tx's, they can easily control banks but not bitcoin, hence they are against it.
With separate provisions the state has its own law where bitcoin is widely misused for gross transaction purposes such as mapping transactions in a number of countries.
In fact the provisions of the state itself is not to prohibit to use bitcoin because many countries that view bitcoin able to be an alternative transaction tool for doing business, So bitcoin in a country can not be inaugurated.
In fact the provisions of the state itself is not to prohibit to use bitcoin because many countries that view bitcoin able to be an alternative transaction tool for doing business, So bitcoin in a country can not be inaugurated.
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
There is no point wondering if it is fair or not, the most important thing is to always observe the laws in your country if bitcoin is forbidden and the consequences are so bad then it is better that you abstain from holding bitcoin and do something else, it is hard but that is the way it is. There are few countries banned BTC and don't allow their citizens to use it mostly because of the effect on the local currency in exchange for an international one (BTC), Therefore will result in their currency seeing it's actual value compared to other currencies compared to BTC.
There is no any harm to any country to any country currency or economy but it will make the economy of countries more stronger. Some of the countries have banned it because they have doubt that due to its anonymity someone will use that currency for their crimes and the government will not be able to trace them. 
It is probably because of business that's the number one reason why other nations is not supporting bitcoin, They think bitcoin can affect their business economy, consequently they're doing everything in which bitcoin can't enter to their country, maybe it is also a threat for them too
It is not only that
Though exactly that may be particularly true in respect to countries with weak and incompetent governments like that of Venezuela (the country which literally bathes in crude oil). Apart from that, some governments certainly care that their population (which on the whole may be quite prone to various financial schemes and swindles) wouldn't touch Bitcoin. It's certainly not because they are afraid of Bitcoin or anything to that tune, but simply because they don't want their folks to be deceived by the "get rich fast" thing that general public expects to get with Bitcoin ("the bluebird of success")
Now a days the scenario of regretting bitcoin into the country has decreased a lot then the early days. The government fear of various factors starting from the taxation to the economy and other relative factors such as illegal usage and controllability. After Japan's acceptance most countries who were thinking bad of bitcoin and cryptocurrencies have started to create separate teams to analyse how it can be used in a right way to support development.
Why bitcoin is not supported in some countries?
I because the country is afraid of the public knows about the money of the future
Where everyone can use in every country.
I because the country is afraid of the public knows about the money of the future
Where everyone can use in every country.
It is probably because of business that's the number one reason why other nations is not supporting bitcoin, They think bitcoin can affect their business economy, consequently they're doing everything in which bitcoin can't enter to their country, maybe it is also a threat for them too.
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
Every country has their own laws and thoughts.For different reasons, bitcoin is not available in some countries.They argue that due to the lack of legal tools, not real money, the risks, crime syndicates and a bitcoin 's unpredictable future.
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