Post
Topic
Board Bitcoin Discussion
Re: why some country banned bitcoin?
by
usekevin
on 21/10/2017, 18:54:41 UTC
why some country banned bitcoin?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?

I think these countries are banning bitcoin because they can't control it.



The some countries banned bitcoin are bitcoin as a new way to make money for their citizen and only thinking that bitcoin will be like a threat for their economy. because their citizen which is using bitcoin is not paying the tax at all when they use bitcoin except when they sell their bitcoin and send the money to their bank account. maybe they are afraid that if many more people trying to use bitcoin, their fiat can be affect with the bitcoin price and will make the economy of the country will disturbed so only some countries banned bitcoin.


I agree you buddy.Many country start to ban bitcoin in their country because,that will impact in their country economy and make the FIAT value low and even they can replace the FIAT.By thinking all this fact many country start to ban Bitcoin,but bitcoin over come all that one and still shine like a star.