Why not all countries accept bitcoin

[Safaa 401]

 

Because it is a new currency and depends on high technology and some countries cannot take this technology and prefer to work and exchange in traditional ways through the dollar, gold and oil.

 

 

[Rose7755 183]

Actually Anonymous background of bitcoin is the one who pulls it down, a lot of people is hard to acquire or identify what is bitcoin purpose in our society. there is always fear and dread on their mind because of bitcoin negative side. If this continue spreading, bitcoin will not surely recognize by the government.

[Taj93 295]

In some countries, cryptocurrencies have been rejected and every person who deals in them is fined. Perhaps the reason is that cryptocurrencies are decentralized virtual currencies that no one can control, and this is why they fear that they will destroy their country's economy.

[Moudr 513]

Some third world countries did not deal in cryptocurrencies because they do not have a free economy, so they refuse to deal with them. As for the developed countries, they are moving in the direction of dealing in cryptocurrencies, and this is correct.

[Mohamedryad 287]

Because it greatly affects the economies of the countries that reject it and because it is not ready to allow it inside the country because the economy will not bear it in any way

[alisen9506573 194]

I don't know exactly my friend. But I think that countries that do not accept Bitcoin may be because their economy is weak and does not allow development and keeping up with technology. But the field of cryptocurrencies benefits the whole world and will be used by everyone in the near future if they don't use it now... all the best

[Sonii 386]

As we know that it's a digital currency which means that it has not physical appearance... All the paper currencies have the backup value and the government of every country promise to pay such amount in which hands it will be. But the crypto currency has not backup value.. It is not confirmed that either we paid or not that's why some of the countries are not accepting it  

[mhd tello 639]

True words
There are many countries that did not accept cryptocurrencies and were blocked by them
Because they expressed that it would affect its economy
And for you, with the days, it will definitely become the leading currency.

 

[Mira1992 314]

I think that there are some countries that oppose Bitcoin and cryptocurrencies because they are against the interests of these countries due to the inability of these countries to manipulate the cryptocurrencies and control them.

[Miraa 654]

Well many countries are not accepting bitcoin because no one can control it and other cryptocurrencies. We all know how vulnerable the cryptocurrency market and government don't want to take risk because if they accept crypto and prices of it goes down, their economy also goes down.

[mhamdhamdan37 450]

From my point of view, I think that cryptocurrencies will be the new global financial system, and perhaps this may conflict with many countries' interests, so we will find that some countries do not accept cryptocurrencies and impose penalties on those who deal with them.

[Muhammed7 320]

In my opinion, not all countries accepted the Bitcoin currency because it is a volatile currency in their opinion and it is not a central currency, or the reason may be because it does not work in their interests with this currency
But in my opinion, the day will come when all countries will accept it.

[Mohmad22 695]

My dear friend, there are some countries that believe that the encrypted currency system is a gambling system, and this is forbidden for them, and there are countries that believe that the encrypted currency is decentralized and cannot be controlled by security. Some heads of money are therefore prohibited in these countries

[johar12233 310]

Some governments and companies are afraid of cryptocurrencies such as Bitcoin because they are decentralized and cannot impose their authority on them .. I hope that cryptocurrencies will be used in all countries so that they become more widespread and we are able to deal with them better.

[Jamii 608]

I don't know why cryptocurrency is banned is some countries.  So why the not want to use it. But cryptocurrency is more beneficial from those countries which facing unemployment problems and financial problem. So with this the can generate money and can stable thier countries.  So it good if the adopt it and get benefits from cryptocurrency.  So invest in projects of cryptocurrency can be profitable and we can get a chance to stable economy.  So make right decisions about cryptocurrency and must use if the want to progress in country. 

[Ashii 258]

Yes I have also heard that cryptocurreny is banned in most of the countries. Such countries are not willing to accept this digital currency. I think the basic reason is that cryptocurreny is a decentralised currency and it can't be controlled. Might be due to this reason, most of the countries are not willing to accept BTC.

[Kialiyu 535]

How could this be possible, i think if we can observe closely, not all countries accepted the bitcoin for,so until every country accept the bitcoin, before this could become reality, this is my thought on this, thank you so much.

[Alex Fron 602]

Yes my friend, you are right. There are still so many countries that haven't accepted the Bitcoin in for their citizens to use Bitcoin. I don't know the actual reason behind it. But I have read somewhere that the people of that countries still not believe on digital currency because it doesn't have physical existence. They still prefer fiat money because they have the physical existence.

[Farhanmasood 21]

Hello friends cryptocurrencies are not accepted everywhere because they are completely anonymous, a lot of crime passes through them  they are not stable and are manipulated by the so-called whales. Thanks

[Kiondadu 191]

The future might still be bright for the bitcoin to attain this height, but this will be a little bit difficult, because there are some countries that don't even about the bitcoin let alone accepting that, this is my opinion on this. 

[Anower 79]

there's a lot of doubt and issues regarding to the bitcoins that's why not all countries accept bitcoin because the bitcoin is not stabilized coin. in market there's a time that will increase or decrease that coin depending on the market how they hold that. however it was a great and helpful moves when they accepted bitcoin to all countries.

[Issa88 274]

I think the reason is because governments are unable to control Bitcoin and encrypted currencies, or perhaps because of economic reasons, in any case governments must support the encrypted currencies

[Jami ss 843]

Hello my dear friend I want to tell you that because the price of the cryptocurrency is more flexible that's why some countries are not accepted that between this time I'm but I think very soon they will accept the cryptocurrency

[maryrose979 441]

Everyone wants this currency, but many countries prohibit its use. We can think of several reasons, for example, can you know the profits that banks and banks reap monthly, that the use of digital currencies will cancel these profits, but I think that one day these countries will have to recognize digital currencies and the ease of working with them

[Shajada 115]

There are still a number of countries that have not been able to exclude bitcoin because they think bitcoin is just a scam.But hopefully they will understand their mistake soon enough and get bitcoin excluded.