Post
Topic
Board Bitcoin Discussion
Re: Why do some government ban bitcoin?
by
agus_purno
on 22/01/2018, 17:02:21 UTC
Government banned (or not supporting) bitcoin because

1. They dont gain tax from bitcoin.
2. Its decentralized, they cant control it.
3. Its not a secure investment.
You are right if the government can not control the price of very free bitcoin or depends on market demand then the nature of decentralization that makes the government can not do anything against bitcoin then the government does not like if everything without tax.