Why not all countries accept bitcoin

[luxorif 96]

Bitcoin isn't a paper money where it didn't ensured that that mount paid to you. In the event that you see an Indian rupee note where the Govt is guaranteed to pay the holder that sum, yet Bitcoin never and it simply the cost was expanding. 

Presently it tends to be satisfactory in each nation, however it's' anything but difficult to use for unlawful purposes and the exchange can't be followed. For this purpose most Govt s kept it on severe principles and some have restricted.

[Dmitrij14 39]

I think that countries do not want to accept Bitcoin due to its anonymity.  How people pay taxes, such a system can be implemented, but it takes time.  Hopefully, in the future, all countries will allow the use of cryptocurrencies.

[JoyBeaver 56]

Well the answer is quite simple. It's anonymous, and that means it's very difficult to track the transactions. And if you can't track them, how do you put taxes on them? That's right, you can't, and as we all know, governments love to increase their budgets)

[Evgenij413 17]

I dare say that some countries are simply afraid of crowding out their national currency. They are afraid that the authorities will not be able to control money flows in the city or country, because bitcoin is an anonymous cryptocurrency. Also, the authorities are afraid of non-payment of taxes, because the state can not take a tax for sending a transaction to the bitcoin network... I think that's why

[roman20025 42]

I think because banks and gov want to receive tax from all transactions and buys/sells and bitcoin bypass it, and 2nd is a money laundering

[Zeshan Khalid 2577]

Bitcoin can be a danger to many dominant currencies worldwide that's why many nations have their reservations and also its security which is not reliable as compared to other currencies

[nabi_promain2 44]

Most likely, such an attitude towards bitcoin is caused by mistrust of everything new, as well as the complexity of tax accounting when calculating with cryptocurrencies. However, in the near future this mistrust is likely to disappear.

[moeletaly 148]

I think because they want to control their money and Bitcoin isn't under control 

[alperenler58 0]

Thank you for the information

[tunahanataccc 15]

for using btc for money laundering.... 

[Guru2050 8284]

16 hours ago, Anastaisha said:

Hi! not all countries like to accept Bitcoin yet ,

but in the near future i think all countries will accept it Bitcoin is the future of payment and money , and all countries will take the risk of using Bitcoin

 

You are right, Bitcoin and entire Crypto currencies will dominate the fiat currency in nearest future serving as alternative means of making transactions globally and anonymously that's without requiring third parties.

[playman64 11]

There are some flaws which stops governments to adopt bitcoin. 

[Simple94 16]

El 1/8/2020 a las 3:58, Lard79 dijo:

Como sé, no todos los países aceptan bitcoin, ¿alguien sabe por qué, si bitcoin es legal o no, pero de hecho el desarrollo ha aumentado significativamente?

si los países aceptanran bitcoin, su moneda principal bajaría de precio

[Gabomg 54]

I think that it is prohibited because it may go against the laws of each country, it is also because it lends itself to people and companies to evade taxes and every country today works with taxes, also bitcoin and crypto can be used by people to carry out illegal and criminal activities. Bitcoin is money without barriers.

[axelmoore 11]

Because it is decentralized. The country does not approve of it because it carries risks. If a country can't control it, it can't be sure that the local currency won't depreciate.

[ave1ka 8]

Bitcoin is legal. But since it cannot be controlled, some countries impose restrictions on the trade in it. But do not worry, soon the whole world will realize the usefulness of cryptocurrencies and blockchain.

[Ashok Nayak 8]

The Banking sector will affected if bitcoin will regulate by any country and p2p transaction is not profitable for any government. This is the reason why bitcoin not regulate by all countries. 

[Saiferius 20]

Bitcoin is a very unstable currency and very difficult to control. Countries do not accept it because they cannot influence it and they do not benefit from it, I think so

[Sandrajudus 222]

A few countries are wary because of its volatility, decentralized nature, perceived threat to current monetary systems, and links to illicit activities like drug trafficking and money laundering. While bitcoin is welcomed in many parts of the world.And as soon it's possible that all the countries are going to accept bitcoins, because of its trading rates are increasing faster. 

[Numpad 28]

Not many countries accept bitcoin because it cannot be taxed. I don't think that's right because we have to give people all the possibilities of cryptocurrency.

[chinox2020 11]

I have seen this post before, the reason is your fear of your local currency collapse first and also because digital currencies are decentralized and the risk is too high to prevent in some countries. In addition, Bitcoin is not accepted by most countries since it does not cover the tax, they do not have control over cryptocurrencies.

[Banito23 216]

Understanding the simple concept of block chain and ignorance are the mean factor discouraging the acceptance of Bitcoin in some countries. All that is needed, is the creation of more awareness to the world about crypto.

[preialva 3]

In my country, select crypto assets such as: Bitcoin, Ethereum, Bitcoin Cash, Ripple, Litecoin are safely bought and sold, which are the five main crypto assets authorized by the government.

[Miguelpc19 55]

On 1/8/2020 at 4:58 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

2009, when the world opened up to the new digital currency: Bitcoin, launched by Satoshi Nakamoto. To this day, many nations have already opened up to it, although there are some countries in the world where the use of cryptocurrency is still totally prohibited, because cryptocurrencies
the financial regulation of many governments around the world is being tested. In some places in the United States and Europe, you can even now pay for a crypto coffee at the corner coffee shop.

[Kron1749 63]

I live in Russia, and here it is not legal or illegal, because it is not under control. You can but anything with BTC if you will find someone who will sell it for you by BTC or other cryptos. And you know, that's ok for me, no one cares about will I pay by BTC or by rubbles
PS: pls, like my comment