Why not all countries accept bitcoin

[AmjadBydn 0]

I think the answer to this question is simple. Because simply the encrypted currencies will negatively affect the economies of countries! Because citizens will exchange their official currency in digital currencies, which leads to the devaluation of the official currency!

[Shorif4455 0]

Each country has their thoughts and recognition decisions and recognitions of their own thoughts and recognitions.

[Mercello Blyat 21]

While Bitcoin is welcomed in many parts of the world, 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.

[Jmax555 6]

On 1/8/2020 at 4:26 PM, Soaib khan said:

in my country crypto currencies is illegal and most of peoples not known about crypto. crypto currencies banned in many country because crypto not traceable or government not control.

Now some countries think bitcoin is risky.because,bitcoin price some times up and some times down.bitcoin is not stable coin.that's why many countries not apcet bitcoin.   

[nickoman987 1040]

It seems to me that this is due to the fact that not all countries understand the advantages of cryptocurrency. I think that soon all countries will accept cryptocurrency and make it legal. Any state can simply tax the income from cryptocurrencies and thereby greatly increase its budget, some pluses.

[Raqeebzy 6456]

Every country be capable of not say we will accept Bitcoin, for the reason that they are consider Bitcoin container dominent their Fiat and preserve foundation flowing jurisdiction of rule over fiat and every banks which comes under direction container free profits therefore that a quantity of countries not compliant Bitcoin

Every country be capable of not say we will accept Bitcoin, for the reason that they are consider Bitcoin container dominent their Fiat and preserve foundation flowing jurisdiction of rule over fiat and every banks which comes under direction container free profits therefore that a quantity of countries not compliant Bitcoin

[andrehol 16294]

Settlements in a currency other than national lead to a decrease in economic indicators. With the help of cryptocurrencies, it is easier to launder money or take out capital abroad. Banks will not receive interest, and payment operators a commission. In general, there are quite a lot of risks, so some countries completely or partially prohibit cryptocurrencies.

[Joni888 23]

Because every one knows that bitcoin and cryptocurrency and also other online money use for illegal purposes and activities, so many countries are not allowe to bitcoins. 

[Riazkhan 1]

Because there givernment is not able to give fees online and mostly their economical condition will down due to people caming each other .Thanks for being here

[Irungu 4299]

well there is something countries dont do , they dont like getting into something they cannot control and there are so many people who are getting themselves into this mess so its important that we keep that in mind that working in crypto world people must be able to control the coin to avoid manipulation from outside thats the only idea we can work  with

[Joni888 23]

My country is also not accept bitcoin currency because cryptocrurrency and bitcoin use for illegal activities so many countries no allow to every one digital money. 

[Tahsinul12 71]

At the very beginning i want to tell that Bitcoin's security services is now quite strong..but if i talk about the past it was not that much strong fron that time because of this reason many country banned bitcoin and made it as illegal trading

[XMan07 6]

Among countries to have banned bitcoin in the past are Bangladesh, Bolivia, Ecuador, and Kyrgyzstan. The bans seem to have had little effect on the global bitcoin network. “These countries are of little consequence to the global cryptocurrency liquidity or global blockchain industry direction,” explained Strajnar.

[Forhad77 1]

Almost every country has its own ideas and acceptances. On the basis of which they try to make decisions and the country bans it.  I think it could be a threat to the economy there. That's why it's banned.

[Hashirali 15]

Yes on the movement many government are not accepting bitcoin or other Crypto currency. Even in some countries its totally banned you can not do a transaction in it. I thought in futures its change and every single government accept it

[a2alikhasan 13]

All countries aren't accepting bitcoin because of its risky features. By this way money laundering is possible. 

[RanaCaptcha7 11]

Currently we've few properly blockchain in crypto world and about fastest is as on seach its Ripple BitcoinCash Litecoin Dash and Ethereum all are going suitable for his or her clients for relaxed and fastest transactions in case you want to now that is fastest from these then Ripple is one among most fastest blockchain currently 1700+ TPS on common.

[Hashirali 15]

I can't understand the reason  why many government are not accepting Crypto and bitcoin. I think all coin should accept it and adopt it without hesitation

[thomsong 5]

When i be aware of, there were lands consent to bitcoin, actually just about anyone be aware of as to why, when bitcoin is normally allowed by the law or possibly not likely, , in basic fact all the production comes with more than doubled

[Jmax555 6]

On 1/12/2020 at 1:40 PM, Akasshh said:

Well everything has a good effect and a bad effect and in this case  some of the government think that when they allow bitcoin trading some rules will not be followed or cannot get all kind of taxes from the people who earns or loss and or cannot take a look on who is trading ,to whom and where the money is sent ,they are not able to make a proper look 

Yeah mate your thinking is very positive and i think many countries government think bitcoin is risky coin.that's they always feel afraid to apcet bitcoin.       

[Iqrashafique 23]

Some countries are unaware of this digital currency and are scared about their own currency and progress, they don't think at higher and wider range and they think that they became victim to this digital world and lose their prosperity

[Dj abol 10]

Due to the price of Bitcoin in the market, it seems that Bitcoin users can make a lot of money in a very short time. But I think all the countries that accept it,
It is true that some countries do not allow Bitcoin to be used there

[saimoooop 3]

digital currencies restricted in numerous nations in light of the fact that crypto not discernible or government not control.

[AzazelLoL 0]

It depends on their laws.many countries dont accept this because they think cryptocurrency as their threat and that doesnot fulfill the law on the government.but i think it is going to fix soon, anyway I think this is not going to hold for a long time. Thank you.

[Khalid Khan 24]

Actually everyone accepts the bitcoin but the government of a particular nation restricts it don’t know the proper reason but it restricts the bitcoin not only bitcoin all the digital currencies as it is not allowed to use I don’t know the particular reason why it is so but it is restricted in most of the countries like India and all.