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?
As far as I know, now Vietnam has not banned btc yet. The Government of Vietnam has announced that the ban will be used in 2018, but so far there has been no further announcement of this.
I'm not sure how things were taking place with the banning of bitcoin. Most of the governments focus on making regulated use of bitcoin. Upon that I have a friend from Nepal using bitcoin whom I met on an abroad trip.