Post
Topic
Board Bitcoin Discussion
Re: why some country banned bitcoin?
by
Digitalbitcoin
on 30/11/2017, 12:14:09 UTC
why some country banned bitcoin?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
Well I think may the these countries want to use their people to work for them in order to get tax from them I think they are worry about it that when they let free bitcoin in their countries so all the people will move toward bitcoin and they will start to get their money from bitcoin so I think that can be a reason which is a wrong decision by them.

because they don't know how to demand taxes from this, and still fear for the economy of the country

Yes its for sure that many undeveloped countries are still not aware about potential of Bitcoin.

Already whole world might have aware about Bitcoin Because its been since from 2009. But still government not allowing it. But soon every country will accept it. Because this is the future.

Government must have to be prepare to find appropriate solutions by implementing bitcoin and other altcoins for taxation.