Post
Topic
Board Bitcoin Discussion
Re: Why do some government ban bitcoin?
by
BlackBeauty
on 29/01/2018, 21:13:12 UTC
I See topics about banning and I want to ask.

Is botcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Countries with the biggest monetary influence in the world market and forex exchange are not accidentally the countries with the most stable financial and banking system.
These countries see bitcoin and other cryptocurrencies as one of the main threat to their financial and banking system.
Quote
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
It is impossible for them to locate us since Bitcoin wallet contains no real identity and other personal details of the owner.


perfect for hackers to do their bit, steal some money and get away with it. but yes bitcoin is a threat to all centralised monetary systems that's why they hate the whole concept.
I think government doesn't know about bitcoin's benefits because if they know bitcoin can help for those people who cannot manage their budget in salary income so government will never bitcoin, but I know government will accept bitcoin vety soon and maybe they will more improve bitcoin price.