Post
Topic
Board Bitcoin Discussion
Re: Why do some government ban bitcoin?
by
MS.LAWLIET
on 10/05/2018, 11:41:42 UTC
Government bans bitcoin because it is a big threat for their financial security. government controls the money flow in their country (interest rate etc..). bitcoin is different, no one controls bitcoin no government or group of people. it is purely decentralized. 

Government bans bitcoin because it is decentralized, direct tax cannot be implied and also it gives privacy to the users which makes the transaction private which can be used in illegal things and to avoid that government bans bitcoin.