Post
Topic
Board Bitcoin Discussion
Re: Why in some countries Bitcoin is banned
by
Babayega31
on 29/11/2016, 07:59:23 UTC
Why in some countries Bitcoin is banned is the accepting of Bitcoin by  websites and that are illegal .
The government of the country wants big control of their people money.  If the people change their fiat into bitcoin. The fiat will get extreme inflation and givernment will lose control of theur people money.

Yes, i agree that these government ruling their country will really want control to their people who lives in the country specially when it comes to what a person earns for living. They cannot impose tax with bitcoin thats why they banned this cryptocurrency and this btc threatens them and are afraid to economic fall down due to use of bitcoin which is not true and i believe its just their speculations.