Post
Topic
Board Bitcoin Discussion
Re: Why bitcoin is not supported in some countries?
by
sam2014
on 07/04/2018, 16:59:41 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
Bitcoin is an open currency built on the law of free market,  it doesn't have restrictions to country,  region or location,  what am trying to say is that bitcoin cannot be restricted from being in a country despite the rules and regulations of the country it can't be fully kicked off,  we all know that China banned bitcoin for months back but bitcoin is still bought in large quantity by the Chinese on peer to peer exchange and also on telegram