Unfortunately, many counties have banned and will be banning the use of crypto currency.
So far, these countries have banned crypto:
Vietnam
Bolivia
Ecuador
Kyrgyzstan
Bangladesh
Nepal
These countries however do not have a major influence on crypto as they are third world countries and most investors/influences come from the West/China.
Do you guys think as it becomes more of a reality that crypto is the future of currencies, more countries will ban the use due to fear of losing control? Do you think as it becomes the normal form of currency, these countries will lift the ban?
What do you think?
I realize that most of the government's banned Bitcoin are in the third world country. Perhaps they could be banned bitcoins because they did not corrupted it. Most of the third world country goverment are corrupt, and maybe they could have banned the bitcoin because they get nothing from it. So, these countries will not lift the ban unless they can get from it.