Topic: why some country banned bitcoin? - page 43. (Read 10262 times)
I think because bitcoin is being known and spreading all around the world, people wanted it badly in the fact that they do all just for bitcoin, probably yes because it is a big opportunity. And the demand is getting high but the tax is very low and sometimes niether all has no tax, tjatd why government is not gaining and earning money.
why some country banned bitcoin?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
And you think it's normal when there is a certain force in the country that can not be controlled in any way and one day the whole economy of the country may collapse and lead to the devaluation of the national currency. Therefore, the government decides simply, we can not take control, it means we just have to ban it, it's just as simple.is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
Just because the decision is simple it doesn't mean that it will be effective. They can try to ban Bitcoin but if they don't do anything to prevent their local currency from devaluation, they won't be able to stop Bitcoin. Bitcoin can be stopped only via economic means by making national currencies competitive with it. If they fail, people will use bitcoins, dollars or whatever, but they won't be using what the government calls money while it is no longer money, just useless paper.
Bitcoin has not been validated in many countries of the world. They have the proper backing. Because they think that transaction by bitcoin anonymous the real owner of this transaction is not know. They again acknowledge and agree that bitcoin is one.
Some county bannned bitcoin because There are have a won ruls of his country. They thing that if bitcoin login our country it will be more harmful for our country so those country banned bitcoin, Actually they don't know what result of bitcoin and they're don't know about bitcoin so they don't understan and banned 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?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
Maybe because cryptocurrency earning is not taxed and they can't do something about it, they want to get tax from their people and they don't want them to earn money through cryptocurrency. However, it's their loss because they don't see the potential and convenience of having cryptocurrency.
Because Bitcoin has an anonymous letter, the state is not well managed, so that illegal elements can engage in criminal activities, and Bitcoin is not subject to state control, easily destroys a country's economy. 
i think because they're overuse a bitcoin and can affect the goverment because it easy to earn job i think anyone can learn it without having job
why some country banned bitcoin?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
And you think it's normal when there is a certain force in the country that can not be controlled in any way and one day the whole economy of the country may collapse and lead to the devaluation of the national currency. Therefore, the government decides simply, we can not take control, it means we just have to ban it, it's just as simple. is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
To my point of view Some countries have banned the use of bitcoins as the Government or the central banking system has no control over the bitcoin network. Countries like Bolivia, Bangladesh, Ecuador and Kyrgyzsstan have banned the use of bitcoin in their country, Bangladesh banned bitcoins as a part of anti money laundering affect, Money laundering and other criminal activities are in existence even before the advent of bitcoin and blockchain technology, the fact is that those Government's are scared of the new technology as it might tend to lose their power of controlling people's money if all are using this technology. In two to three year's time bitcoin technology will be accepted by all the countries due to growth potential in the crypto market.
Well it's been said that a lot of online scammers used bitcoin as a tool to finance their activities
That is not a valid reason, according to me. Even more scammers use fiat currencies such as the United States Dollar and United Kingdom Pound for their activities. Does that mean that we should ban these currencies as well? I don't think so.
Many countries banned bitcoins. because they think there local currency will be fall down ans there is no charge any transgression. thank you.
Because Bitcoin competes with the local currency, or it is hard to track and tax bitcoin transactions
why some country banned bitcoin?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
Some country banned bitcoin is because they believe that bitcoin is only fraud so that's why many goverment hate bitcoins and because of bitcoin many scammer people enter in bitcoin to scam other people who investing here in bitcoin , goverments hate that so that's why many goverments banned bitcoin. is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
Bitcoin is a decentralized currency which can,t be control and this give,s them concern when it comes to Taxation and that,s why they decide to ban 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?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
why some country banned bitcoin? because maybe it can be use in for declining new currency are terrorist and cyber crimes financing potential, alongside illegal drug traffic and using cryptocurrencies in money-laundering or Ponzi schemes.
why some country banned bitcoin?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
I dont really gets when some countries and government banned the bitcoin. It do nothing harm on them in fact this is a good benefit. The only reason i think why they banned the bitcoin because in the Metropolitan police the bitcoin is within in the bad and crime activities to other world this is the only reason i think 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?
I dont really gets when some countries and government banned the bitcoin. It do nothing harm on them in fact this is a good benefit. The only reason i think why they banned the bitcoin because in the Metropolitan police the bitcoin is within in the bad and crime activities to other world this is the only reason i think 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?
Why they ban it? Bitcoin is a decentralized stuff which means it cant be taxed and also if their citizens would able to know about bitcoin then tendency on hiding their assets on crypto form would possibly happen which they would really have a hard time on tracing up knowing bitcoin is an anonymous stuff too and also they do believe that it can really increase criminality on their place.is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
It is true. the government will not be able to control bitcoin. so the government is worried about criminal acts that use bitcoin, such as drug trafficking, illegal weapons, etc.
Yes, bitcoin is banned some countries.There is so many cause.But I can tell some. First one the government of the country think that the cyber crime is increasing by bitcoin.The criminal buy their weapons by bitcoin. That is most important cause. Another is the tax. People earn by bitcoin so the government will not earn tax.That's why bitcoin is banning.I think these are the cause.But there will be some other cause also.
The central bank of Bolivia issued a resolution banning bitcoin in 2014.Not regulated,according to a 2014 statement by a central bank of Brazil concerning cryptocurrencies.There is no regulation on the use of Bitcoins.
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