Why not all countries accept bitcoin

[Xsimple 441]

Well most of country have their own perception just like people mind set not everyone find good in bitcoin because their is risk in bitcoin and it is really not good for other.

[Cryptominded 704]

8 hours ago, Yachuu said:

The reason why some of the countries out there don't accept bitcoin because the value of it is still unstable and uncontrollable that is why they don't accept it.

Yes currently Bitcoin is very unstable and it is hard to use such money as a store of value. However it is hoped that by the time there are more institutional investors/traders and merchants accepting Bitcoin, then the price would likely stabilize.

[fahima 25]

Because some people of other country are really like use the paper money and some people in other country do not believe in bitcoin...  control of government over fiat and all banks which comes under government can loose profits...the risk is too high for that to be prevented in some countries.

[shafi123 187]

We know that is is a digital currency in which trade online or inetrnet base. So all work on the electronic media. And some country think that are the sacmme.

[Mikeeee 220]

On 1/8/2020 at 5:58 PM, Lard79 said:

As I know, not all countries accept bitcoin, does anyone know why, whether bitcoin is legal or not, but in fact the development has increased significantly

In my country its no legal or illegal to earn bitcoin and the government didn't care if many people wants to have one as long as its not used for illegal transactions. 

I think that bitcoin is not been legalize on our country due to the fact that up until now our country is facing many problem so maybe after solving all that problem they can check if its right to legalize the bitcoin for good. 

[Sagor 500]

On 1/29/2020 at 4:26 PM, Jumail jone said:

Because not all countries accept Bitcoin. The reason is that it will not run in all countries.

Mainly btc has no fixed price. the fluctuate all the time. if any time the price go down and the the economy will go down. i think thats why crypto is not accepted by all.

[Nayan deka 317]

Many countries doesn't allow Bitcoins transaction because of security issues and economic issues. Because in Bitcoins exchange there are scammers available in internet so citizens will face huge loss also this bitcoin is heavily used by Hackers and dark web, so i think is why its banned in many countries. Forgive me if i said anything bad as i am a beginner still.

[Rstunirk 151]

Bitcoin does not time-honored by a good number of the countries since it does not covers the tax, they don't hold the have a hold over over crypto. And too what time a spot comes somewhere crypto are used all over the place and in attendance are no other currency used.

[BitMart 326]

This is really sad part of this crypto world as many countries still don't like this and not allowing as they are not understanding fundamentals of this and trying to put peoples on behind the wall which is very bad but they cannot do this for long time as peoples are still trying their ways and have good things around them in near future its more difficult for them to stop this all.

[Sid 589]

Because the government must research first about bitcoin, whether it is suitable with the conditions and conditions in the country. Each country has different conditions, therefore not all countries respond to bitcoin positively.

[Lunaa 238]

I think it's because some country feel a bit of threatened by bitcoin, especially the banking system. They feel like bitcoin could be uses in so many dangerous things and cannot be traced.

[Win 1015]

I think they just so scared yo the fact that they will not fully control it.in every country they want to control what ever investment bussiness and i considered cryoto currency as a business.and one more thing is that they are closed minded when it come to crypto 

[Ali_hmwi 966]

They need of their own money to be in the market for the country if people go to cryptocorancy now alot of country's money will go down i think that...

[Fattkidd 1852]

On 1/8/2020 at 5:58 PM, Lard79 said:

As I know, not all countries accept bitcoin, does anyone know why, whether bitcoin is legal or not, but in fact the development has increased significantly

Not Bitcoin but Cryptocurrency Some country are Afraid of cryptocurrency which they think will be a Threat for them because they cannot controls the market and how cryptocurrency work that why its illegal in some country.

[MohammadMohsin 569]

Not all countries accept cryptocurrencies. Because it effects their fiat currencies. If someone invests in cryptocurrencies. And they get profit the government has to pay the price. So that's why it's not allowed in few countries. 

[Hanan951 841]

2 hours ago, Ali_hmwi said:

They need of their own money to be in the market for the country if people go to cryptocorancy now alot of country's money will go down i think that...

Yes I am with this idea, but they can do their own coin, always can be a solution for any problem. But it need the bug country to accept it first....

[thiscomm 306]

On 1/8/2020 at 4:58 PM, Lard79 said:

As I know, not all countries accept bitcoin, does anyone know why, whether bitcoin is legal or not, but in fact the development has increased significantly

I think bitcoin is still illegal for some countries in the world. You know that bitcoin is a crypto under the blockchain system which of course transactions carried out will be safely stored in the blockchain ledger. this is a benchmark for several large countries because this will be a dangerous threat if the blockchain system is used by people less responsible for conducting transactions from illicit businesses.

[Rickso 768]

On 1/8/2020 at 10:58 AM, Lard79 said:

As I know, not all countries accept bitcoin, does anyone know why, whether bitcoin is legal or not, but in fact the development has increased significantly

maybe because those countries are afraid from the bitcoin power, and since they can't control him they decide to directly ban bitcoin. it is a drastic solution but, for them, is the only way to prevent future economic problem

[dewita 12]

Every country has different rules, it doesn't mean that all countries respond positively to Bitcoin.
 

[Muhammad atif iqbal 569]

 The cryptocurrencies are not legalised in different countries and the government should not control the cryptocurrency that's why they banned in their countries as the passage of time the use of digital currencies has been increased i think in future it can be centralised because there is a great potential to grow in future and it will replace the Fiat currency

[Winwill 10]

Cryptocurrencies like Bitcoin are not under Government control and so naturally they don't get benefit from it.Taxes are the main criteria on which the working of a country and Govt depends. Many countries do not accept Bitcoin in day to day transactions for fear of losing the value of their own financial system! Hopefully things will settle soon with the introduction of local national currencies.

[Mom0 222]

Because many countries is still fair about cryptocurrency that cryptocurrency is going to bring their natural economical system which is totally a false matter in my opinion but there was also some rumours that cryptocurrencies using for tourist activities that's why Government are not approving it.

[knezulc 82]

On 1/8/2020 at 10:58 AM, Lard79 said:

As I know, not all countries accept bitcoin, does anyone know why, whether bitcoin is legal or not, but in fact the development has increased significantly

It is only question of time when most countries will suport crypto.

[cryptousd20 141]

Countries do not accept Bitcoin because they are afraid of their money from theft or the devaluation of their currency so that they are afraid of encryption and they do not want to support it yet nor were they wrong

[Hicham Zgtoul 0]

Galaxy Digital CEO Mike Novogratz told a roomful of financial advisors to prepare for XRP to have another lackluster year.