Topic: why some country banned bitcoin? - page 35. (Read 10264 times)
At present, bitcoin is popular, many people know about bitcoin and it's benefits but in some countries, the government has banned bitcoin because the bitcoin activities are thanks to the internet and it is completely free, The government can not impose taxes on it.
why some country banned bitcoin?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
We all know that Bitcoin is not yet legalized to many countries. Maybe that is one of the reasons why they have banned BTC. Also, some people make use BTC as a means of doing bad deeds.
Bitcoin is not yet legalized to many countries because government is uncontrollable it and bitcoin transactions can not be read by the system which will be milk to do the illegal work like : not paying taxes, money laundering, bribery... government of many countries afraid bitcoin is financial bubble and it can make harm to people in their country if bubble bitcoin is broken
Some countries ban bitcoin because they do not control it and have no influence on far, in fact they are afraid of him
because it is hide your id , out of control and many use it in bad things
why some country banned bitcoin?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
Because the authorities of such countries want to manage the bitcoins and get profit from it. To tax. But they will not succeed, because decentralization and legalization will defeat corruption and power. is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
Actually there are many reasons for countrys band bitcoin. In any country currency fixed by it central bank thinking about the surrounding of its country. If extra currency flow in economoy its effects in total economy and general public suffer for it. Bad people can easily do their work when they have extra large amount of money. Bitcoin is that money that people earn from another country and as a result government can not understand how much money is coming form abroad and government are free from tax also. In this way there are many reasons for banned bitcoin.
I actually understand why some country banned or either regulate bitcoin, and it because bitcoin also cannot protect itself from opportunist people who used it's capabilities to make illegal activities. So a country may see it as threat, or a poison on their economy which will continue to grow if they don't eliminate it immediately. But let's just hope another solution would be implemented without ending on being banned.
Bitcoin is utilized as a part of each nation yet there are a few nations which has prohibited Bitcoin briefly because of a few reasons yet don't stress soon they will begin Bitcoin in those nations in light of the fact that Bitcoin is a productive cryprocurrency you can do anything you need and bitcoins will never hurts different monetary standards so I trust that soon nations like China will revive Bitcoin in their nations. 
why some country banned bitcoin?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
We all know that Bitcoin is not yet legalized to many countries. Maybe that is one of the reasons why they have banned BTC. Also, some people make use BTC as a means of doing bad deeds.
I actually understand why some country banned or either regulate bitcoin, and it because bitcoin also cannot protect itself from opportunist people who used it's capabilities to make illegal activities. So a country may see it as threat, or a poison on their economy which will continue to grow if they don't eliminate it immediately. But let's just hope another solution would be implemented without ending on being banned.
There are so many countries who banned bitcoin by certain reasons due to their internal policies they banned for a short period of time. As the times goes the value are going to high the bitcoin is growing currency the country like china banned this currency because they don’t want to accept other country currencies but they are now accepting bitcoin.
why some country banned bitcoin?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
The reason behind why other country has band the bitcoin or crypto currency is all because in terms of thier economy states that maybe the currency price of bitcoin was higher that thier own currencies or maybe its lower than todays currency. It is all base on thier economy of a one country to recognized or baned it. is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
why some country banned bitcoin?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
The government of that country seeing bitcoin as a threat to their economy but they are not looking to the bright side of the bitcoin as whole. That country are satisfied to their countries economy without the help of crypto currency.
Countries who banned bitcoin is because for their protectionism, they fear because it affect their currencies, economy and businessess.
It is possible that governments and banks lose their power. They consider bitcoin as illegal operations because this might be used with illegal activities or crimes.
It is possible that governments and banks lose their power. They consider bitcoin as illegal operations because this might be used with illegal activities or crimes.
i guest why many country Banned bitcoin because bitcoin no one can control that, That's why u can use in Bad and Good way thats my 1 reasons
2nd against in Bank,.
3rd no tax against in paper money
2nd against in Bank,.
3rd no tax against in paper money
maybe some countries are afraid if many of their citizens use bitcoin then their country's currency becomes down
why some country banned bitcoin?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
It is true that bitcoin is an international cryptocurrency but many countries don't accept it because they are so afraid. They are afraid that the terrorists will use it as a way of getting there people harmed. With this they are also afraid of innovation and rise of economy. is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
The tax , you absolutely correct for this , we do not need to send the tax if we are going to send money or wanna pay something but with other currency . These countries want to use their people to work for themin order to get tax from them so i think they worry that when they let free bitcoin in their countries so all people will move toward bitcoin and get their money from bitcoin .
Because some country afraid of bitcoin. They don't wan to lose control of money therefore they banned but I think bitcoin in the future will unstoppable.
why some country banned bitcoin?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
Because they don't receive any taxes.some country thinks that people will avoid bank and they will use bitcoin for money.Also some country thinks btc only use for crime thats why they don't support btc. My country not support cryptocurrency is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
even many of them never ever reported their monthly earning to the government because afraid of being taxed. just if people could work together with the government, I think that bitcoin's recognizition in your country will not be impossible, only if the problem is about taxation.
why some country banned bitcoin?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
Because they don't receive any taxes.some country thinks that people will avoid bank and they will use bitcoin for money.Also some country thinks btc only use for crime thats why they don't support btc. My country not support cryptocurrency is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
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