Perhaps one reason is because the state is banning bitcoin they are afraid bitcoin will be according to the state money,and maybe bitcoin will be detrimental to the bank.
Digital money is referred to as a derivative of the monetary system of fiat purely because based on the ledger of the financial system with the support of information technology (IT). Because of that, digital money is feared to bring the instability of the financial system is large and injustice.
Topic: Why bitcoin is not supported in some countries? - page 33. (Read 98470 times)
I think this is a matter of time, if users continue to increase then there is no power for any country to banned bitcoin, sooner or later all countries will receive bitcoin, but the main problem at this time is the bitcoin price is still cheap and marketcap is still small.
Its not an easy way to legalized and to give permission for bitcoin and cryptocurrency. Government sees that too risky to invest in cryptocurrency and if they make it legal in non educated society it will be a boomerang for government. When people start losing their money they will blame the government.
Due to a high technique nowadays, some countries do not support bitcoin only because they think it is a BIG SCAM. Our generation today we have a knowledgeable people that could start or make their way into the so called BUSINESS but it is only a business reversible to the true meaning of business which only aim to gain profit and money at all cost without hesitation to the rules and laws of their countries as long as they are capable of hiding the reality of their intentions.
Given anti-money laundering (AML) and know your customer (KYC) concerns, some countries are taking steps that they believe will disrupt any potential illegal activities such as tax evasion, scams, money laundering, etc. Will they succeed is still open for question.
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I'm sure that the main reason for bitcoin is not supported in some countries is because bitcoins can not be controlled, if bitcoins can not be controlled it will be harmful to the state economy because everyone can make the country's economy chaotic.
Actually there are several reasons why some countries don't support Bitcoin. It is a high risk business. Besides that governments in those countries are afraid of being used by criminal.It can be used to buy drug, weapon, terrorist funding, money laundry even it can affect stability of the local currency.Because Bitcoin operates on decentralized system, the governments can not controll fully. They only can monitor the negative impacts that may happen any time to protect people interest. Government only declares that any risk incurred in this bitcoin activity will be their responsibility.
Bitcoin doesn't like by other countries because it is so expensive. I think this is the main reason why especially to the poor country. They doesn't have an ability to buy bitcoin because it is expensive. The budget for the people, infrastructure, and more is not enough then buy bitcoin. Not practical way to support bitcoin.
Because the legal situations and governments rules.
Governments are usually not bitcoin friendly because they can not control it since bitcoin is untraceable. Also they fear that people will stop paying taxes
The main reason for bitcoin not supported in some countries besides being un-controlled is anonymous, with anonymous features of course to make everyone free to divert money to bitcoin that can be used by corruptors to save their money so that the country difficult to track down the corruptors. 
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. The whole thing is still pretty unclear to me
No one can't say an exact reason for it. But I think one of the main reason is....,Banks are the pillars of the countries financial stability. They afraid bitcoin will affect the banking sector of their countries.Another one is high use of cryptos for criminal and illegal activities.
Some countries don’t support bitcoin because of there jurisdictions, laws or they want to create there own cryptocurrency. We all know that bitcoin’s capability is superb that you can use it to transact money anonymously and fast compared to other transaction sites. Also, we all know that bitcoin comes to many issues that are saying they use bitcoin to buy some drugs or do their illegal activities like scam or fraud. Maybe that is the main reason why some countries are banning bitcoin, or they don’t want to support it. But the primary reason for me why some state doesn’t help bitcoin because they don’t have the full power to control bitcoin or another cryptocurrency or they see bitcoin as a big treat to there economic and financial plan.
In different countries Bitcoin is classified in different ways - as virtual currency, money surrogate, intangible value, virtual goods and the like. The world has not developed a single legal status of the crypto currency, because of this some countries do not support it.
Governments are usually not bitcoin friendly because they can not control it since bitcoin is untraceable. Also they fear that people will stop paying taxes
Well... its not a surprise that is happening. Some countries are not in support of the system because of some proposed negative vibes the media has pushed out there. ANd maybe some countries feel it will crumble their national currencies by people disregarding the fiat system. Bitcoin is a stress free medium of transacting that if other countries know about it, they will definitely be jumping on it.
Now Bitcoin does not have a certain legal status. The definition of this status is complicated by the lack of a consolidated approach to the classification of Bitcoin and regulation of transactions with it in the world.
I think that maybe their government is trying to monopolize the access of bitcoin in their country by their authorities.
Every countries have different policy. There is also a question of Money laundering.
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 think , they are afraid that everybody will be using of it. They are not ready yet to accept Bitcoin because, they are just thinking on their side , your cash, how they Will know your assets and your investment. Where they get enough tax to support their government. If they just only know and understand that it really Help People’s life the way they live then they might push everybody to join in Bitcoin. Government could not Help the people enough for living because of high price of commodities with low salaries and yet people struggled enough just to have a better life. They are considered as selfish and Unfair government to Its people.
Some countries want to have full control of institutions and finances. But the meaning of bitcoin is precisely that it can not be controlled by someone
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