Post
Topic
Board Altcoin Discussion
Re: Why Bitcoin is not regulated in some countries?
by
HaXX0R1337
on 02/08/2017, 22:21:56 UTC
Some says, Bitcoin is legal and few says it's not. May I know the reason why it is not legal to use Bitcoin in some countries, for example, in my country, we are not allowed to use Bitcoin to purchase any items or goods. Why they can't legalize it? What was the reason behind it?
You need to have rules and regulations to use something as a currency and if your country does not allow it,there is nothing you could do and from what i understand only a few countries ban bitcoin and it is simply because of ignorance and nothing else,it is a new technology and down the line in coming years they might legalize it.