We know Bitcoin is one of the powerful and top coin in marketplace.
But world wide all county are announced its illegal.
I personally think that bitcoin is very help us for paying any payment.
Its has many facility.
But our government are announced its illegal
Some Governments officials think and claim corruptions and criminal activities could increase with Bitcoin use and that is a major issue many countries face at the moment and even these criminal activities using Bitcoin are not done in large scale by criminals up to certain level Bitcoin is used to support such criminal activities
Yeah they say that even though they don't have any evidence to support their rules. I myself haven't heard the news that there are individuals who commit corruption and money laundering by using the help of bitcoin. one of the reasons why the government bans is because they do not benefit from the existence of bitcoin
Yes one of the reasons on why the bitcoin banned is because of they didn't have benefited from it on which they can't control the transactions in bitcoin and also they don't have a power to manipulate the price of it on which only the community can change the price depending on the demand of it in the market.