Quote from: magz on October 27, 2017, 06:37:19 PM

Quote from: bajing on December 20, 2016, 02:29:37 PM

Quote from: malekbaba on December 20, 2016, 02:22:20 PM

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

Actually each country have their own policy maybe the government are concerned will many wiping the money or commonly known as money laundering. fair or not that's what we have to face because until now the existence of bitcoin is still not recognized.

Right. Each country have their own policy. For them, Bitcoin will be use for money laundering or for buying illegal things that is why they do not allow or do not support buying Bitcoin.

And for the government, Bitcoin is a tool to help the business tax evasion. You can see with the function of Bitcoin supply, it can helps the Bitcoin user anonymous their total money or personal income, so how to the government know that amount and tax the Bitcoin user?