Post
Topic
Board Bitcoin Discussion
Re: Why bitcoin is not supported in some countries?
by
electronix11
on 02/03/2018, 05:22:47 UTC
I have heard that bitcoin is not supported in some countries. But why ? Is it because bitcoin is risky ? Some countries even declare 6 months jail if her people use bitcoin. Is it fair ? I mined few cryptos and have left mining. It was fun and challenging too. But I never got any clear answer. What does my gpu actually do ? I pay electric bill, my room temperature goes high and I get paid. With actually no skill on pc hardware and software. Whole thing is still pretty unclear to me

I think it is its decentralization is what it makes bitcoin unacceptable to some country, most believe that it is not profitable in nice manner hence they call it illegal or a scam. Unlike fiat which is centralized