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?
Because they are really afraid how disruptive this technology its.
A disruptive technology is one that displaces an established technology and shakes up the industry or a ground-breaking product that creates a completely new industry.
http://whatis.techtarget.com/definition/disruptive-technologySo by definition, bitcoin and crypto can really change the landscape of a certain country. They think that probably it can replace their traditional system specially banking. So to put a stop on it, some countries ban it. However, there are still nation like Japan who thinks otherwise. They embrace crypto and up to now we haven't heard any negatives coming from them about the drastic effects. So its all bullshit. They just wanted to stop it because they are losing money. When people go to crypto, we eliminated banks in the middle. That's what banks is afraid of. They are losing potential profits because of cryptos.