Post
Topic
Board Bitcoin Discussion
Re: Why bitcoin is not supported in some countries?
by
pmstalk
on 12/06/2017, 06:00:54 UTC
I have heard that bitcoin is not supported in some countries. But why ? Is it because bitcoin is risky ? Some countries even declare 6 months jail if her people use bitcoin. Is it fair ? I mined few cryptos and have left mining. It was fun and challenging too. But I never got any clear answer. What does my gpu actually do ? I pay electric bill, my room temperature goes high and I get paid. With actually no skill on pc hardware and software. Whole thing is still pretty unclear to me

It is maybe because those countries feel bitcoin can make their people get away from fiat and stop believing them and accept or use bitcoin more often than fiat if they let them do this, so maybe that is why they just ban it so that they don't have any problems because of it.

After all it is economic policy matter of every country .some contries thinks that if there currency invest in large scale in btc and in future if btcs got in troules ,there may scaring  essue to every country to collapsing  there economic condition.