Quote from: cybersofts on October 10, 2017, 10:48:53 PM

Quote from: MadGamer on December 20, 2016, 02:29:10 PM

Quote from: bajing on December 20, 2016, 02:29:37 PM

Quote from: malekbaba on December 20, 2016, 02:22:20 PM

I have heard that bitcoin is not supported in some countries. But why ? Is it because bitcoin is risky ? Some countries even declare 6 months jail if her people use bitcoin. Is it fair ? I mined few cryptos and have left mining. It was fun and challenging too. But I never got any clear answer. What does my gpu actually do ? I pay electric bill, my room temperature goes high and I get paid. With actually no skill on pc hardware and software. Whole thing is still pretty unclear to me

Actually each country have their own policy maybe the government are concerned will many wiping the money or commonly known as money laundering. fair or not that's what we have to face because until now the existence of bitcoin is still not recognized.

Their countries , their laws. It really depends on your definition for not supported too . If we speak about banning then as far as I know I don't think there is a country that actually banned bitcoin , at least nothing official and If there is then Its related to the banking system with one way or another . If its about the lack of usability in ATMs , local shops then there are plenty of countries and It takes time as some countries have more priorities .

Yes, every country has their own laws and practice. So, if some country from the 3rd world struck a law for banning people from using bitcoin that is their own problem not yours. The way i see it, is the lack of good understanding of what is bitcoin and how it works. When people are lazy to go and learn about something new and listen to the media i think they will only understand the negative side of that very thing. I believe that was what happened there.

I agree with you if bitcoin was shown through media that it was good i think a lot of people would have invested earlier in bitcoin just because of the media and the most of the countries do not even know about bitcoin.

Naruil

Posts

Merits