Post
Topic
Board Bitcoin Discussion
Re: why some country banned bitcoin?
by
mornabo
on 02/11/2017, 05:47:55 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?

why some country banned bitcoin? because maybe it can be use in for declining new currency are terrorist and cyber crimes financing potential, alongside illegal drug traffic and using cryptocurrencies in money-laundering or Ponzi schemes.
yeah arguably bitcoin has a very good feature for secret transactions, the government knows what the consequences if they continue to let bitcoin in circulation there will certainly be many people who will use bitcoin for illegal transactions and make financial crimes, so the government gives a ban to bitcoin, if from side of the government I think that is good government intentions? to avoid increasing crime? but is it there a way out other than ban?