Quote from: CoinsInvest9 on August 08, 2018, 11:44:05 PM

Quote from: tanjiran on July 21, 2018, 11:22:15 PM

Most governments recognize the potential of bitcoin as a highly profitable financial technology. However, since there is no official administrator, the government is worried about bitcoin being misused for crimes. So the government provides restrictions, most prohibit the use of bitcoin as a payment system in the country. In addition, most governments also warn that bitcoin is a high-risk investment. Well, as a good society we have to obey the rules of government then we must understand and learn the status of bitcoin law in our country well.

Truly, some countries dont support bitcoin because they have their own point about it Obviously we cant deny bitcoin or cryptocurrency can bring a little bit more complication. We all know that bitcoin characterizes its anonymity, so its quite hard to control the illegal transaction or some illegal activity related to bitcoin. Besides, if they accept bitcoin, perhaps their citizens will depend much on this virtual currency and forgetting his main job. However, with the profits that bitcoin can bring to our life , i believe bitcoin will be soon encouraged by many countries around the world.

We are wanting for crypto to be acceptable in every country so we must obey the government and help them to control the increase of crime and illegal transactions. We are benefitting from crypto and we have to discipline our self for it not to put away from us and become an opportunity for everyone.