Post
Topic
Board Bitcoin Discussion
Re: Why bitcoin is not supported in some countries?
by
Gutierez
on 09/01/2017, 11:52:24 UTC
Some countries are afraid of bitcoin  because it will cause some illegal actions such as laundering black money, purchase of drugs and weapons, illegal money transference to foreign countries. Beside that the government will lose taxes from bitcoin transactions because bitcoin is decentralized and is not controlled by financial offices of government.