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 think more countries will ban bitcoin and the other that already did that will not lift the ban, beacause of one word "tax". Countries or the govenment cannot tax bitcoin so banning it would be a logical or something.
Because it is unfair to some bussiness man that are paying taxes who's already rich and getting much more while other low class to middle class people suffer more dificult life. And i think cyptocurrency is really the future but modification will be made and government will put a grip on it.