Post
Topic
Board Bitcoin Discussion
Re: Why bitcoin is not supported in some countries?
by
Jeremycoin
on 21/12/2017, 17:35:40 UTC
I have heard that bitcoin is not supported in some countries. But why ? Is it because bitcoin is risky ? Some countries even declare 6 months jail if her people use bitcoin. Is it fair ? I mined few cryptos and have left mining. It was fun and challenging too. But I never got any clear answer. What does my gpu actually do ? I pay electric bill, my room temperature goes high and I get paid. With actually no skill on pc hardware and software. Whole thing is still pretty unclear to me
Actually each country have their own policy maybe the government are concerned will many wiping the money or commonly known as money laundering. fair or not that's what we have to face because until now the existence of bitcoin is still not recognized.
yes thats right,government are responsible to their countrymen and their countrymen must obey the policy.no government that would allow something like crypto to make mistakes using crypto wrongly so its better to prevent it from the start .

I don't agree with this kind of opinion, giving a strict rule on cryptocurrency doesn't seem like preventing anything it's even the worst way to do it.
Don't you know that Bitcoin is actually similar with the Internet, both do change the way we do things as the Internet changes the way we give information so does Bitcoin change the way we send money. So as you can see, the Internet goes well without any prohibition from the government. And when they really do prohibit the use of it things get really messy.
The point is, both these things are really powerful. So instead of prohibiting the people to use it why don't they (the government) make another rule which has to makes more sense to educate their people to get ready for using these things.