Why in some countries Bitcoin is banned is the accepting of Bitcoin by websites and that are illegal .
Nahhh, it's not really banned, it's just not recommended as an a mode of payment, because we all know that until now, bitcoin is not legalize by many countries. But not totally banned.
Well, Russia did really ban bitcoins in their country. It's not just that bitcoin is not recommended as a mode of payment but it actually received a law of ban.
However, I heard there were calls for reconsideration about this. I wonder how did this/is this going.
The time when Russia did that they had big problems, because like China, bitcoin was used to flow money out of the country.
Which is stupid, since they can't regulate bitcoin.
The deputy chairman of the Duma committee on security and anti-corruption, Andrei Lugovoi said that the decision on whether to ban Bitcoin or not, should be based on academics rather than politicians:
"Russia is currently faced with a choice: what - permissive or prohibitive - the way to go. And the choice has to be made not on the basis of short-term political decisions, and on the basis of a careful analysis of the problem. And it is very important help of the scientific community "in this issue
"Without public cryptocurrency" blokcheyn "does not work. The obvious conclusion - that the ban turnover cryptocurrency can inhibit the development of "blokchain" technologically throw Russia back years "
"At the state level, to determine the technology itself and ban Bitcoin, as it is in Russia is done - it's all sheer nonsense. I can any citizen of our country or the United States to negotiate the sale of their apartments for 10 kisses, and no I will not prohibit the use of this" cryptocurrency "it will definitely be confirmed currency"
- Marinichev said.
According to him, the authorities must do everything to facilitate the development of blokchain technology in Russia, only in this case Russia does not lag behind the advanced countries, and get the proper effect of technology in business.