Post
Topic
Board Bitcoin Discussion
Re: Despite the growth of bitcoin why haven't it been legalized by many nations?
by
EstherBtc
on 15/08/2025, 18:12:26 UTC
Despite the massive growth, advancement and advantages of Bitcoin and most crypto currency, why is it hard for most countries to full accept it is or permit it's exchange?
Bitcoin is not owned and controlled by governments and central banks and Bitcoin is like a threat in view of governments and central banks. With conflict of interest, it is explainable why they don't like Bitcoin and in many years want to do many attacks in order to kill Bitcoin adoption.

They can not kill Bitcoin and its adoption in 2025 and in the future so they changed from restrictions, bans to accept Bitcoin but enforce more laws, regulations for getting more money from citizens through tax. Taxing on Bitcoin investors, traders is like a most important concern of governments globally nowadays when they know that their governments will be challenged, even collapsed if they ban Bitcoin.
202//2021 i remembered the ban and restrictions most asian and West African countries placed on Big Crypto Currency exchange company the Likes of Binance and the rest, as a result of that ban BTC reached it major ALH (all time high) which rubbed off on other coins like ethereum and Binance coin. That lead to P2P means of buying coins. This goes to show that Crypto Currency has come to stay