Topic: Why do some government ban bitcoin? - page 7. (Read 12625 times)
Bitcoin has law and administration in almost all countries, because the government has announced a ban on the Bitcoin because they claim that this bitcoin is illegal by the government or by extinction of bitcoin, we will lose this bitcoin because of its own because there are many countries The government does not support this bitcoin. This means the government will understand that these coins are very important to us. I would say one thing I want the government to legalize this bitcoin.Because many people with Bitcoin claim their future.
Bitcoin is banned by governments for many reasons: it is a tool often used for criminal activities, it is a tool that is out of currency and financial control, it is a tool used for tax evasion, it is a form of investment that does not protect investors.
For me some goverment ban bitcoin because they are afraid that the best cryptocurrency bitcoin is we will affect there economy, and i think some goverment ban bitcoin because they dont want bitcoin to became the future currency in the future. I See topics about banning and I want to ask.
Is botcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
The government is unable to control bitcoin because it is anonymous. Many criminals use bitcoin to commit crimes, which poses some hidden dangers to national security, and can also affect the country's economy, so these governments prohibit bitcoin. Is botcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
I believe in bitcoin. It is traditional usd in cryptocurrency and it will be used for a very long time. Government is afraid of it because we won't pay taxes. 
I See topics about banning and I want to ask.
Is botcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
Each country has its own choice. They worry that bitcoin will affect their domestic economic situation, so they choose to ban bitcoin, and we will respect the country's choice. In the future, I think these countries will accept bitcoin again. Is botcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
I See topics about banning and I want to ask.
Is botcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
Is botcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
I think that government choose to ban bitcoin because they believe that bitcoin isn't a fair thing to their economy because it doesn't have any tax. Many people are earning a high profit yet they didn't paying some tax for it. So that the government want to ban that because they cannot believe people are earning high amount of money without paying any taxes
The people who knows about blockchain technology in depth and who understands it in a correct way don't care about Govt bans.
The government will ban bitcoin because those people who are working in the bank they are thinking that theres possiblity that our money can replace the bitcoin, it is not impossible to happen. Because the bitcoin is legal in other country but i dont know if the bitcoin are allowed in other country coz of following their laws or they wanted to respect their routine everyday...
I See topics about banning and I want to ask.
Is botcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
BTC is that type of currency where there is no governing body over it and it itself regulates it's transactions and because of no controlling authority over it, some social deflauters tries to misuse it and uses BTC for the illegal activities like terrorism and bribe killing and many more and this is the reason why government has banned cryptocurrency and even they are demotivating people not to use it because they could not put their national security in risk but as soon as BTC will be centralized, this issue will be sorted and then everyone can use BTC without any risk. Is botcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
The government is afraid of bitcoin because it is decentralized and hard to manipulate. They can't control bitcoin and they are having a hard time taxing it. Government hates it when they are losing tax money. Some corrupt government can't find a way to manipulate it that is why they just ban it.
The government is concerned that virtual money may be abused for money laundering purposes, many of the other ill-fated uses of crime, which have a major impact on domestic banking and finance, and the bursting of the bubble.
Maybe because the government thinks that bitcoin is a scam and they scared to their subordinate's condition. They wanted to research hardly before it will be legal.
I See topics about banning and I want to ask.
Is botcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
i think its good a bad thing and everything about bitcoin it depends its user if good intentions in investment result is good too, but for now government in my country still prohibit bitcoin in direct transaction and bitcoin still not fully legal for currency applicable at moment this Is botcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
I See topics about banning and I want to ask.
Is botcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
Bitcoin is not bad or illegal. Bitcoin is something that gives us profit because it is an investment or an asset. Other countries banned bitcoin because they see bitcoin as an competitor and a threat to them. Bitcoin is decentralized and you can have a financial freedom and investment freedom thats why governments are afraid of it.Is botcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
The price of bitcoin itself can't be controlled by the government
And also transaction of bitcoin is anonym, sometimes it can be used for illegal transaction or fraud
I See topics about banning and I want to ask.
Is botcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
Is botcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
Bitcoin is not bad or illegal. Bitcoin is something that gives us profit because it is an investment or an asset. Other countries banned bitcoin because they see bitcoin as an competitor and a threat to them. Bitcoin is decentralized and you can have a financial freedom and investment freedom thats why governments are afraid of it.
Bitcoin is banned by governments for many reasons: it is a tool often used for criminal activities, it is a tool that is out of currency and financial control, it is a tool used for tax evasion, it is a form of investment that does not protect investors.
Is like the problem with China and other countries now, Bitcoin could be used for other purposes (meaning not legals ones) this generates the banning from some governments
They always trying to protect themselves from economy problems that bitcoin can make. Taxes, transactions and many other stuff that bitcoin can offer user taking people back from banks.
I think bitcoin is banned by some countries to prevent money laundering and to protect its people from the practice of scam
Due to its anonymity, there are many idividuals or group of people that intends to use Bitcoin for illegal purposes and activities. Almost every country has an Anti-Money Laundering act, this is to prevent and avoid fundings of terrorists, syndicates and the like. Its one of the loopholes that the government see with Bitcoin. And one of the main reason why the general public is still hesitant to accept this digital currency. No traces from where it came, no identification of the sender and receiver, and no details of the transaction.
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