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Topic: Why bitcoin is not supported in some countries? - page 23. (Read 98470 times)
most countries conduct a closed political and economic system in order not to introduce economic and political chaos among people, to protect them from modern tendencies and to maintain the established rules. Unfortunately, sometimes we can not influence this situation. the only way out is to look for partners in other countries for the most difficult financial transactions or to move to another country (
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Because the decentralization of Bitcoin makes it difficult to control, and the country is most afraid of the economic system is not controlled, so that the national economy is easy to chaos, so many countries, especially big countries, are afraid to accept Bitcoin.
perhaps this is a remarkable question, myself would be interested to know that, although I understand a certain part of it. perhaps its legality has caused it to be some countries prohibit. Bitcoin is a virtual currency, but it has great value. Therefore, these countries wanted to profit by it, in contrast, when a country does not want to be influenced by Bitcoin, they will ban it
There are actualy only a couple of nations where Bitcoin is actualy upheld in legitimate way. All others are simply enduring or overlooking it or it's prohibited. The reason is most likely on the grounds that there is stil predominant reasoning that Bitcoin is something associated with illicit exercises or tax avoidance, or the state of mind is that Bitcoin is threath to money related framework or the essentially simply don't recognize what to do with it.
in my country the use of bitcoin has been banned because it is feared will abanyak harming people who use it so that the country's economy could be threatened, but not by mining. mining is still allowed in my country
Perhaps the government's view that forbidding cryptocurrency is always negative because it could have an impact on the uncontrolled entry and exit money in the bank and it could also buy something illegal in the country.
But, unlike the Japanese who think this is a new technology that can make it easier for us to transact and not difficult to bring money in the pocket to pay for something.
But, unlike the Japanese who think this is a new technology that can make it easier for us to transact and not difficult to bring money in the pocket to pay for something.
It's not supported beucase many socialist, social democrats or "state capitalist" countries cannot tolerate a hurricane currency like Bitcoin so they use any kinda dismantle stuff to don't even let Bitcoin fall into the common ears and in the mouth of people, most it's because they fear that people will let the official coin to get a better one, so, they use this kinda machinism.. like russia, some african countries, Venezuela, (and why not US) so that's it
In some other country, bitcoin is not legal payment. Bitcoin can be used for cost of crime, drug, money laundry, and keeping the legal currency in a country.
Always exit 2 opinions: positive and negative.
If you worry about risky, can't accept that lose your money when invest. You won't supported in Bitcoin.
If you worry about risky, can't accept that lose your money when invest. You won't supported in Bitcoin.
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
Bitcoin & other strong crypto threaten the banks and this impact the economi of government
Some countries not supported bitcoin because they think that bitcoin economic threats, we all know that bicoin use the concept of decentralization that many contrary to state policy.
It depends on the country what are their standard in conformity and deviance.
Because bitcoin could break their laws. Because bitcoin can cause a lot of trouble if they allow bitcoin to use. Bitcoin can use for crimes like money laundering, scamming or even use for ransom. Have you heard about ransom ware? As technology is evolving. Crime is also evolving. And its bad if terrorist use bitcoin for buying equipments to make terror to people
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 a lot of reason why some countries are banning bitcoin or not accepting bitcoin. They might see it as a threat to the economy because we know that bitcoin is really uncontrollably.
Their are many reason why most of some countries are not supported in bitcoin because the goverment officials say that it will use in some illegal activities like money laundering and some drug lords and they did not get even any taxes from bitcoin.
The answer is often very easy.
No one start it!
Just do it. Not make anything illegal. Clean business.
Inform the crowd. Give wallet apps. Help by installing and setup. Sell and buy coins. Attract business and vendors to accept bitcoins as payment.
No one start it!
Just do it. Not make anything illegal. Clean business.
Inform the crowd. Give wallet apps. Help by installing and setup. Sell and buy coins. Attract business and vendors to accept bitcoins as payment.
They not supporting bitcoin because there's a lot of scam in world bitcoin or meybe they didn't manipulate or control bitcoin currency in their country.
Governments of those countries trying to save their taxes, banks and also just scared of cryptocurrencies. As usual people who rules in those countries are old.
since its esteem is high and it makes the nation not bolster bitcoin and there are nations that can not acknowledge cash online as in creating nations and little nations that difficult to achieve the web and it makes it troublesome for nations to help bitcoin
I think the reason why some countries doesn't support bitcoin is because they cannot even get taxes on it.
They don't even get a benefits on it. Their government can't implement a law in putting tax in cryptocurrency because of its being volatile in the market.
They don't even get a benefits on it. Their government can't implement a law in putting tax in cryptocurrency because of its being volatile in the market.
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