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?
these countries mentioned above are countries that suffering poverty so instead of investing in bitcoin, they decided to ban this bitcoin to avoid of losing more currency that can cause a heavy poverty to them, so i think if they study and got more focus in this bitcoin their economy becomes more stable and get out in the effects of this global poverty.