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?
Yes its true that many countries banned crypto and I think bitcoin also face such an incident but its also fact that bitcoin is not like other crypto because only two countries have banned bitcoin and the rest of every countries have accepted bitcoin and some of them make it legal so I think bitcoin is reliable safe and sound and acceptable to world.