Bitcoin is good and some govrements means that bitcoin is not good for their economy.That countries are ussualy poor countries with weird politician leaders so they refuse bitcoin but there are 2 normal country Sweden an Norway and they are making own cryptocurrency.
That is quite a bold statement don't you think? The government usually Ban bitcoin because it is not issued by them
and the most common reason are it can be used for illegal activities, bitcoin don't have any rules about how to
use it that is why the government is banning bitcoin to prevent illegal activities involving bitcoin.
This is what they tell us and want us to believe
While you are free to believe whatever you like, simple logic, nevertheless, says that these reasons are no more than contrived ones. Really, if Bitcoin is used for illegal activities and governments ban it on this pretext, why don't they ban cash as well, which is by far more widely and safely used for such activities. This reason is laughable. Further, governments don't issue foreign currencies (at least, openly), but they still don't ban them somehow (that would be just outright ridiculous). It should be evident that this reason doesn't stand either
I know!, but it is the most common reason used by the government, but if I were to say my own opinion
why government(including banks) bans bitcoin!?. it's because they are afraid of it, they have no control over it and are worried
about the possible damages it can cause to their economy etc.., plus banks usually involve if bitcoin is being banned.
Please tell me other reasons or your opinion why bitcoin is being banned by the government because if what you say is true then articles about this kind of topic are not trustworthy or the reasons are simply contrived as you say.
I have already explained it a few times
Even if Bitcoin was not in fact conceived by some secret service or agency, it can still be used as a financial weapon by powerful governments (like the US) against unstable governments (like that of Venezuela). It is like spreading a lethal virus which only you have a vaccine against or are immune to. Bitcoin is not dangerous to stronger currencies like the US dollar but it can be deadly to weaker ones. It is like foreign currencies substituting the collapsing local one, but it is more dangerous since the failing government can still control the spread of a foreign currency inside the country through banks (by limiting or prohibiting non-cash transactions with it). This doesn't work with Bitcoin since it is not just a currency but also a payment system in its own right and which defies government control
In cyberspace no one can hear you scream