Topic: Why bitcoin is not supported in some countries? - page 36. (Read 98470 times)
I think many countries do not like cryptos because of the perception that it makes dodging taxes easier. Aside from that governments are mainly concerned about things like ICOs and cryptos being used for evading capital controls, facilitating money laundering and other crimes.
Bitcoin isn't like the real money, controlled by goverment, large banks, or any organization..
You can access in Bitcoin everywhere in the world by internet. And Bitcoin's price can rise or down incidentally, not based on any rules.
This is the way for Illicit activities such as money laundering, tax evasion..
You can access in Bitcoin everywhere in the world by internet. And Bitcoin's price can rise or down incidentally, not based on any rules.
This is the way for Illicit activities such as money laundering, tax evasion..
I am sure that countries/governments will come up with a solution for that problems. Look at the exchange, they are now abiding the rules given by their central banks, they are now asking documents for verification . Who knows, one day they will again revise their laws so it is flexible enough so they could adopt bitcoin without any problem.
The Government of a country represented the President or Prime Minister. Any President or Prime Minister has the right to decide any matter or issue that developed in her own country. Why does bitcoin is prohibited? They had their own considerations and has consulted with related fields to complete the problem or the issue. We as good citizens, we are obliged to follow
my country is not supporting anything like drugs/bitches
bitcoin is accepted as well in my country so
I think the reason why other country like mine is supporting bitcoin is the idea of bitcoin is really helpful when it comes to earning profit. In fact those unemployed can use or already using bitcoin as they're source of income. So it is very helpful that's why every user of bitcoin in every country supporting it.bitcoin is accepted as well in my country so
Many countries that are concerned about cryptocurrency development especially bitcoin, they think that if bitcoin users continue to increase and the global community continues to emerge then they automatically leave the fiat and prefer the bitcoin.
Bitcoin isn't like the real money, controlled by goverment, large banks, or any organization..
You can access in Bitcoin everywhere in the world by internet. And Bitcoin's price can rise or down incidentally, not based on any rules.
This is the way for Illicit activities such as money laundering, tax evasion..
You can access in Bitcoin everywhere in the world by internet. And Bitcoin's price can rise or down incidentally, not based on any rules.
This is the way for Illicit activities such as money laundering, tax evasion..
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 its own policies and laws. In some countries their economies are so backward that they do not understand bitcoin and believe that bitcoin is a hoax. If you recognize the legitimacy of bitcoin, accept bitcoin transactions. When bitcoin crashes, it will destabilize the country's economy and prevent them from running the country. 
Maybe because other country is so strick in terms of engaging with foreign currency that can also affect their economy. I guess they didn't want to engage their country in crypto because they can control of the currency when it will stabilized in their country they are afraid of they become left behind.
my country is not supporting anything like drugs/bitches
bitcoin is accepted as well in my country so
I think the reason why other country like mine is supporting bitcoin is the idea of bitcoin is really helpful when it comes to earning profit. In fact those unemployed can use or already using bitcoin as they're source of income. So it is very helpful that's why every user of bitcoin in every country supporting it. bitcoin is accepted as well in my country so
Countries differ in regulatory practices. You don't have go against the law else you suffer for it. But now nations are coming up to speed on it. Any country that creates it's own cryptocurrencies is somehow adopting 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
For some reason they do not trust bitcoin. Bitcoin is not supported by other countries because the government cant control it. Some countries want to supervise all business in their entire country. But bitcoin charateristic cannot control or manipulate by government.They say that when you are scammed you cannot put claims to the police because of unknown personalities of user. 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 are so many reasons why they banned bitcoin. But if we are going to look at the general idea it could lead to the main idea, the security of a nation. How? (Terrorism and crimes)When bitcoins are used to finance terrorism and other illegal activities, (Economic security or balance) when bitcoins causes economic disturbance due to hacking, fraud and tax evasions. These are the things they fear about and because bitcoins are privately run they have no hold of the transactions and therefore in their terms needs to regulate it. Maybe they are not looking for more options as bitcoins are easily dismissed when in fact a bitcoin is as good as the real currency. Maybe they need to rethink banning as an immediate solution. 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 the electric bill, my room temperature goes high and I get paid. With actually no skill in pc hardware and software. The whole thing is still pretty unclear to me
There are so many factors why Bitcoin is not supported in some countries. What I know is that there is no government that governs the digital currency, then there is no legal regulation about Bitcoin, then Bitcoin prices are very fluctuating and the most influencing factor that we never know how long Bitcoin survive.
maybe bitcoin is not famous or no one try to introduce in their country. bitcoin is decentralized currency they think bitcoin can be use for illegal transactions and can be use for scamming. bitcoin is not traceable that why they cant trust it very fast.
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
They didn,t support bitcoin because bitcoin is decentralized currency, no one can control it, not even the government. Its anonymous so the government will be having hard time to collect taxes on this. Government rely on taxes they can get some have good intentions on taxes while others corrupt it. If they cant corrupt it better ban it. Anyway its just my thoughts.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
yes I think because bitcoin is too risky and may also be worried about bitcoin will disturb the financial stability of a country.
there may be some countries that have not received bitcoin because they are still afraid of bitcoin because the price can not be controlled and predicted by any party ..
but in Indonesia itself the government is still studying and exploring bitcoin. as well as the results of their studies have had a positive impact on bitcoin and bitcoiners Indonesia .
but in Indonesia itself the government is still studying and exploring bitcoin. as well as the results of their studies have had a positive impact on bitcoin and bitcoiners Indonesia .
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
They didn,t support bitcoin because bitcoin is decentralized currency, no one can control it, not even the government. Its anonymous so the government will be having hard time to collect taxes on this. Government rely on taxes they can get some have good intentions on taxes while others corrupt it. If they cant corrupt it better ban it. Anyway its just my thoughts.
We don't have any idea in the person using bitcoin that prove will put into jail for six months. But no kidding aside the countries who have like that attitude toward bitcoin is one of the dislikers of bitcoin. The country doesn't want the entry of bitcoin coz they look bitcoin as an enemy to their business and to their own people. They have the fellings of anger to bitcoin. Their thinking is one sided, because if they aren't nor why not accepting bitcoin. But some countries supported bitcoin and love the ways of btc in business.
I think bitcoin is not supported in some countries because they don't even know and understand the real bitcoin and they afraid to invest. But there are no reason to feel afraid because bitcoin is the real digital currency that help us a lot and make us rich.
Bitcoin is not supported in some countries because they afraid to lose thier money and dont believe on it. And maybe some of the reasons is until now the existence of bitcoin is still not recognized and the governments hart to trust cause something is trivial and they cant regulate thier point of view.
They think that bitcoin can threaten the economy of the country because everyone is free to have bitcoin and bitcoin can not be controlled, it means that the state can be controlled by major bitcoin owners. Jump to: