Quote from: reck1ess on September 24, 2018, 06:02:46 PM

Quote from: avikz on September 24, 2018, 10:40:21 AM

The list of also available in wikipedia so don't want to talk about the list, but I want to point out that how the mentality of a government can ruin a nation and at the same time can set forward for prosperity.

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Legal and regulated countries:
France
Chile
Brazil
Denmark
Malaysia
Poland
Switzerland
Italy
Denmark
Turkey
Japan
Ireland
Venezuela
Hungary
Malaysia
Mexico
Ukraine.

As you can see a majority of the countries in this list are considered as the first world country. They have a progressive mentality and that is directly reflecting in their GDP or financial prowess. Now look at the second list.

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China
Egyot
Morocco
Iran
Taiwan
Nepal
Indonesia
Pakistan
Columbia
Bolivia
Algeria
India

You will also see some financial superpowers in this list but the majority of them are still considered as a third world country with no significant GDP contribution. Also majority of the countries in the second list are the lowest scorer of "Human Development index". So there is no holistic growth due to the backward thinking governments. India needs a special mention here because a major percent of wealth is controlled by only 0.9% of the citizens and 72% of Indians are still falls below the poverty line! They fear the opportunities while opportunity comes knocking at the door!

I didn't knew that India banned bitcoin or they make bitcoin illegal on their country since i knew many Indian people who uses this cryptocurrency. Well this is a very informative thread. Good job.

Prohibited doesn't mean that every person in the country cannot use bitcoin, mainly used for investment or trading place, but for a 100% to be use as payment system in that country there no one will use bitcoin cause it will be seen by the government. However, to be used as a trading place or investing place, both were very easy to did, a platform that is connected to the internet network, everyone can access it. There are many ways to keep bitcoin users in use, I actually live in a country that bans bitcoin, but til now I still use it.