Quote from: 0Pirats0 on November 02, 2017, 07:51:55 AM

Quote from: rajuahmed763 on October 19, 2017, 02:26:17 PM

why some country banned bitcoin?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?

And you think it's normal when there is a certain force in the country that can not be controlled in any way and one day the whole economy of the country may collapse and lead to the devaluation of the national currency. Therefore, the government decides simply, we can not take control, it means we just have to ban it, it's just as simple.

Just because the decision is simple it doesn't mean that it will be effective. They can try to ban Bitcoin but if they don't do anything to prevent their local currency from devaluation, they won't be able to stop Bitcoin. Bitcoin can be stopped only via economic means by making national currencies competitive with it. If they fail, people will use bitcoins, dollars or whatever, but they won't be using what the government calls money while it is no longer money, just useless paper.