Is it true, some countries that reject the bitcoin are countries with high levels of corruption? So they consider bitcoin to be a potential money laundering crime, potential illegal transactions, Violate payment system authority and undermine the system of investment activity. While countries that provide support for bitcoin is already included developed countries and has minimal acts of corruption therein. What do you think?
In my own opinion, they are fear from bitcoin because they cannot corrupt if the bitcoin dominates their country. Bitcoin is decentralized and government can't mandate their citizen to give high taxes. They don't hold the money of the people. Banks also be useless and there will be a change in the system of payment and transactions. Bitcoin will be the great enemy of corrupt administration, they just said that bitcoin is illegal to avoid spreading of bitcoin specially, in their country. Unlike in developed countries, citizen's sake always be the first.