Why not all countries accept bitcoin

[Litsuga 65]

Most countries do not implement it for fear of the new, countries are afraid of the new and how cryptocurrencies are not regulated because they believe that they can be used for evil things against the law

[Mridul Rahman 1058]

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.This currency can't be controlled by Govt.Thats why it is not accepted in some countries.

[Ahrorbek 27]

Most countries do not implement it for fear of the new, countries are afraid of the new and how cryptocurrencies are not regulated because they believe that they can be used for evil things against the law

[ebuald5 14]

It is because the vast majority of countries have their own criteria regarding cryptocurrencies, just like people's thinking, not everyone finds something good in BTC because there is risk and it really is not good for others.

[Wesamqasem 10]

Because it is a decentralized currency and it has no control, so some countries do not accept it

[kenzi 509]

the price will double increase if bitcoin became legal in all countries and some altcoins will increase the price also and when we travel to the other countries we don't need to convert our money to their local money anymore we will only use bitcoin as a payment.

[yasuocum 3]

Thanks for sharing this information. Good luck to you. 

[jone973 2]

China, Kyrgyzstan, Vietnam, Bangladesh, Ecuador. In these states, bitcoin is accepted as a means of payment. But in many states, this cryptocurrency is not very fond of. This dislike stems from the fact that the cryptocurrency itself is anonymous and decentralized. Answering the question about the rejection of cryptocurrency as a means of payment, I think it is a matter of time. One way or another, everyone will have to accept cryptocurrency as a means of payment, since the current monetary system has outlived its usefulness and is bursting at the seams.

[Sakib01 1]

If you see an Indian rupee note where the Govt is promised to pay the holder that amount BTC never.When a situation comes where crypto are used everywhere and there are no other currency used.I know so that the other country doesn't accept BTC.......,,,,....,,,,,.....,,,,,,,...........,,,,,...

[hamdla 2]

Because they afraid crypto replace their currency.

[Mahadi hasan Nayem 31]

There are some rumour that only hacker use bitcoin,and money laundering happening in bitcoin, thats why some country don't accept it still now ! And other reason is government can't get any tex from it that's the main reason some country don't accept it still now

[Badboysamrat 21]

Many countries do not support Bitcoin. Because Bitcoin is a new way to get to the bottom of the problem. Bitcoin is not a paper currency where it does not guarantee that Mount has given you. If you look at an Indian rupee note where the government is promised to pay the same amount, bitcoin is never and it is only increasing the price. Now it can be acceptable in every country, but it is easy to use for illegal purposes and cannot track transactions.  

[haydaryahsi 44]

They are afraid, because Cryptocurrencies are not under the control of any state or interestate laws and rules.

[nikitiy228 65]

Governments of many countries don't like that bitcoin is decentralized, so it is impossible to control it. Also it is often thought that bitcoin it created only to pay for illegal goods in darknet, so it is easier to make it restricted instead of searching decision of the issue.

[udumalai01 35]

coz,bitcoin is anonymos. our classsical banking system tied with fiat currencies.  the banking system adobt the blockchain tech to use , there after make own digital currency to use people, .

[bachir2015 29]

You have the right to many countries that do not accept Bitcoin, and this is due to countries ’fear of investing their citizens in Bitcoin and leaving banks ....

[MrRobotElija 62]

Because:

• They are afraid of what they don't understand
• They can't control it
• they cannot make money on it (unlike banks)
• harder to hide corruption

🤔

[braccovzla 36]

I have been researching on the subject, there are countries that have prohibited the use of cryptocurrencies for various reasons to name a few.Bangladesh prohibits it because according to them it does not adapt to their currency regulation law so its use is classified as a computer crime There is also the case of Egypt, they claim that it is against the law of Islam. It should be noted that other countries such as Venezuela have encouraged the use of cryptocurrencies with the creation of the Petro, I hope I have clarified your doubt a bit with my comment.

[HotRain 14]

Because some countries cannot control the entire cryptocurrency market and there is only one option for them - to prohibit

[Jockera134 41]

Answer on this question very easy, because all countries have their own government and they can't make the same decision or have the same things, that's why all countries will never accept crypto, but all of them probably will 

[jjmorin02 34]

Simple because when a person starts using bitcoin, they become their own bank and no longer depend on this type of financial institution to access their money, and this causes banks to start generating less money, which can affect the economy of a country. Since also through the use of bitcoin no taxes are paid. in addition to the fact that countries would not have any control over the use of bitcoin.

[satella17 65]

On 8/1/2020 at 3:58, Lard79 said:

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?

what happens is that bitcoin was made for illegal things and they still use it for that reason some countries don't use it

[therobert 49]

In my country bitcoin is still not accepted, this is largely due to the fact that very few people have any knowledge of this cryptomone, being even the most famous.

[josbaq 46]

Several governments in the world have banned the use of bitcoin because when transactions are handled digitally and in blockchain, they escape the control of governments and organizations that supervise financial markets and they allege that illegal activities such as money laundering can be carried out. of money, fraudulent operations and scams.

[tanim22 70]

Because Bitcoin and other crypto is decentralize protocol. When someone lost his money or if it stolen by unknown you can't do anything.  Also It is the best way for moey londering and secure the black money. Also don't gave the tax fee to government.