Post
Topic
Board Bitcoin Discussion
Re: Why do some government ban bitcoin?
by
Rony321
on 24/12/2017, 16:37:53 UTC
The reason it is banned by the government is that all the government wants that any business or capital which means income tax is taxed. If a business does not pay taxes to the government, then the government excludes that business. Since Bitcoin does not pay taxes to the government, it is not normal to give up. Although in some countries Bitcoin is allowing the government but there is no acceptance of Bitcoin in our country.