Post
Topic
Board Bitcoin Discussion
Re: Why in some countries Bitcoin is banned
by
harizen
on 01/12/2015, 16:07:47 UTC
Countries can do whatever they want. If they want to ban Bitcoin, they can. Some countries just don't like the idea of Bitcoin.

There you go. You got it.

Yes some countries don't like the idea of how bitcoin works and the system revolves around it.

Government can't gained from anonymous transaction. No tax involved which government of course doesnt like. We all know that good country has a good service which all come from tax. Include also if people will use money transfer bitcoin in country to country. It will less the GDP of one country as bitcoin will not be counted as part of the remittance. But you know, it has a solution if the whole world will adapt bitcoin. Proposals I think will be made by proper brainstorming to address this hole.