Quote from: AniviaBtc on Today at 04:24:58 AM

Quote from: avikz on August 16, 2021, 06:59:14 PM

Quote from: Rockstarguy on August 16, 2021, 06:53:31 PM

Right now in some of the countries Bitcoin is been banned or restricted, when I think of it I do not blame the government why Bitcoin or cryptocurrencies is been restricted because they do not know the value or importance of Bitcoin. Some government officials have never done any transactions, I mean to buy or invest to Bitcoin or to use Bitcoin as a means to acquire goods and services.

It is only government to blame for banning bitcoin and other cryptos. Because it all depends on the mindset of the leadership. If you see examples of progressive countries like US or Japan, they are the first ones to adopt the usage of cryptos. Now take an example of regressive leadership like India or Bangladesh, they are seeing it as a threat! So it all depends on the mindset of the leadership on how they want to provide financial freedom to their citizens. It doesn't depend on whether the officials have used it or not! It doesn't have any impact on the policy decisions!

Also the excuses that most of the governments who are scared to engage in cryptocurrency that I know is that, they are having a problem regulating it in their country.

Hoping that governments like India and Bangladesh will spend their time studying why bitcoin and other cryptocurrency matters in the economy and in the society.

Not all of us are given an opportunity to invest and benefit cryptocurrencies in them market and economy.

Actually, if the government introduced bitcoin earlier, then I think the community will benefit and in the end the country will also benefit, considering the potential that exists in bitcoin will certainly make the people prosperous. but indeed there are many factors that the government has considered so that it has not been able to legalize it, but we hope that soon there will be a bright spot