Quote from: zhekinsp on January 21, 2018, 09:00:04 AM

Quote from: Paditani on January 18, 2018, 11:42:28 AM

In some Asian countries bitcoin is very influential for people to invest. why it is still illegal for a particular country. to be more clear and can be received by the government like where?

It is based on the rulers of that countries,some leaders will take citizens benefit in their mind and allow bitcoin usage in their countries but some countries like China which only take care of the govenrment's income so they don't want bitcoin on their countries because bitcoin usage leads to no taxes for the governments.I think only China is totally against crypto currency but other countries are trying to implement taxes on bitcoin usages.

Its not the leadership actually but kind of government, if you are living in a democratic government were the platform is free enterprise most likely bitcoin is not illegal because the business is ownership by private entities in which the capitalization is own by private individuals and Bitcoin is considered a new business innovation and should be developed so that patrons is well protected against scam. While socialist or communist country like China is different because business is ownership by the government it would go against bitcoin because of the anonymity and decentralized nature of BTC, that would contradict government policy.