Many countries are trying to stop bitcoin trading and they have banned cryptocurrency from the country. But why they are doing like this? Where people are going to rich by Bitcoin, They are getting huge benefit by its. Then why government trying to pull down Bitcoin? What is the main reason? Please share your thought.
Thank You
That's because each country has its own currency and crypto currency is something new that its regulation has not yet been set by the Government. I think the countries that banned bitcoin it is just fear bitcoin will overwhelm the country currency circulation and reduced revenue from taxes.