Quote from: Botnake on April 24, 2017, 04:59:09 AM

Quote from: iv4n on April 24, 2017, 03:20:23 AM

Quote from: crwth on April 24, 2017, 03:10:54 AM

Quote from: thend1949 on April 24, 2017, 03:08:31 AM

Every country has a law and has regulations to be followed.Maybe the one who is leading a country that banned or give punishment if people uses bitcoins dont like or see bitcoins as a threat to his country.

Maybe the leader himself is not open to changes or open to innovations because Bitcoin has changed the way transaction works and how it possibly can change how we transfer money from one place to another.

Bitcoin is threat for current system. Some government's think just about making profit on peoples back, with many taxes high prices they hold their power, and that is how they rule the country. They already know how to control the supply of money in the state, with that they control everything, can you imagine what is bitcoin for them now?
Countries that think about future, and about people are open for bitcoin because bitcoin is future, others that do not support bitcoin are the countries where leader's think just about their well-being.

I don't think it is a threat, the government are still powerful and they can regulate the usages of bitcoin to do it
in legitimate transactions only. If they cannot regulate it, that is the time to ban it, but I'm sure they can regulate it.

There is a profound wisdom

And it says that you should never forbid what you lack the power to prevent. It is attributed to Napoleon Bonaparte, and I guess he certainly knew what he was talking about (as we would say nowadays). If they ban Bitcoin but, nevertheless, still can't prevent people from using it, that will backfire heavily since no one will be giving a fuck in the future about what this particular government says. The only viable way for governments to fight with Bitcoin is to kill it from inside by bribing corrupt miners so that they either prevent any improvements the lack of which will make Bitcoin obsolete over time, or deliver a direct attack against Bitcoin (after they grab enough hash power)