Quote from: nicster551 on November 01, 2018, 08:23:42 AM

Quote from: becak mesin on November 01, 2018, 12:47:04 AM

There are various reasons and risks from Cryptocurrency including:
1. As in the form of digital assets, it is easily misused for financial system crimes such as money laundering.
2. The absence of a clear system, makes cryptocurrency vulnerable to malfunctions that ultimately harm users.
3. Crypto assets have the potential for financial crime (fraud), security violations and operating failures.

For this reason Cryptocurrency cannot be legally accepted and even banned in some countries. All definitely have strong and wise reasons such for the safety and comfort of the user in the country. Therefore, I think it is time for stakeholders in various countries, especially in countries whereas crypto-capitalexchanges trading ecosystems is high, must think about creating and compiling clear regulations related to cryptocurrency to prevent future potential problems. Because we know Cryptocurrency has become an unavoidable necessity and Crypto is not for us to avoid but must be seen as a potential for benefit and global progress.

Besides of the regulation of Cryptocurrency itself, the main problem is to prevent and avoid irresponsible individuals who have the potential to do other bitcoin or crypto washing, or theft of Cryptocurrency.

I question my self that do we can be free or stay away from fraud?

Bitcoin is not totally ban though, but there are certain countries that bans it from using crypto (if they catch you). Still you can go and use it just don't be caught.

Maybe your country is not aware of Bitcoin already, but you are right you will be caught in these countries, because they think you are the scammer on the network of people. But you can move where you live through Japan or Korea ... that allows you to use bitcoin without being blocked.