Why not all countries accept bitcoin

[Haseweleh 29]

i don't know but and maybe crypto to many people using for mony laundry in goverment but i don't know this just my opinion .. crypto is fast safe to money people to hide the aset in crypto and to for transfer is fast this is just maybe

[valvaltv 252]

Because the legal turnover of money brings profit to the state treasury. If everyone starts using Bitcoin or other cryptocurrencies in all their daily spending, then no one will pay taxes on the sale of goods or services. Also, governments of countries cannot print bitcoin as they print currency.

[corrtutby 21]

Because governments don't know what to do with it. Its decentralized nature makes it difficult to control. I think that many countries want to watch what happens in jurisdictions where it's accepted and only then will move to accept it some or other way.

[Alex_Man 68]

Hi all

firs of all,  need to understand that crypto like bitcoin doesn’t regularity, it’a just impossible.

secondly, it’s not necessary for money of digital world, it’a shall be easy p2p pay for food, clothes and etc.

 

but truly, the government of a lot of countries just haven’t idea how to do it, it’a too newest for him)

 

push❤️, and I will too🙂

 

[Gabriels100 157]

From my point of view it is due to politics, the socio-economic environment, uncertainty, the poor knowledge on the subject generates fear, but more than anything it is misinformation. That is what I think.

[Mdavlat 25]

Because Bitcoin is decentralized currency. Governments cant control it. And it have a lot of risks to use it. And people can prefer Bitcoin to national currency. That is why countris are not accepting BTC.

[hansf9 27]

Governments are trying to apart their people from cryptocurencies but people using it more and more. Though it is decentralized and anonymous,,government can't track their people who is using crypto currencies and can do nothing hihihi

Edited October 5, 2020 by hansf9

[federicol17 29]

Well I think there are some countries that are not ready to enter the crypto world, there are many people who still do not finish explaining what they are and they do not seem interested in internalizing the issue. Besides the fact of being something completely decentralized and this leaves many people uncomfortable.

[Cryptonix 135]

Unlike the usual banking and electronic payment systems, cryptocurrency accounts do not require personal data and are not linked to a specific person. Anyone can open a bitcoin address at any time without specifying their full name, passport details, phone number, or any other information that is usually requested from financial institutions.

[Essaouira20 210]

I know in Marocco cryptocurrency is forbidden. 

[luthfi_2a 110]

Bitcoin cannot be banned. If a country has enough people that value financial sovereignty and consider privacy as their right, it will take nothing short of a fascist dictator to stop people from running their bitcoin nodes.

[Onur0808 10]

I think this is because there is not enough infrastructure to monitor it. Cryptos can also be used for many illegal payments.

[crypto1ife 55]

On 08.01.2020 at 16:58, 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

They do not accept Bitcoin because they are afraid of the future of their financial systems. They are just trying to do anything to hold Bitcoin's spreading around the world. It's so silly but it's true. Those who are a little bit smarter try to accept bitcoin or even control it lol. But the truth is no one can stop crypto) It's here and it's here forever.

[keanux 48]

Because bitcoin is not beneficial to any country in our world, because it is decentralized, you cannot fully monitor and fully control it, give people bitcoin as an official currency, and you will no longer be able to control the flow of money in the state.

[cryptoali01 2]

my countries ben in crypto. but some peopel trading in bitcoin useing other countries ip adress.

[Imranhossain50 1]

In my country crypto is not banned for a single time...

Every country should give permission to use cryptocurrency

[robik963 10]

Each country has its own rules for bitcoins. There are some countries that ban it because they fear it is being abused by their people in criminal sphere, coz it hard to track transactions. Bitcoin is not full legal, but some countries have taken the risk to make it legal, or dont interfere in his work
 

[Hasan211 65]

Countries that have banned Bitcoin

Bolivia. Bolivia has once again reaffirmed its reluctance to allow the use of cryptocurrencies in the country due to recent criminal practices carried out by some inhabitants.

Bangladesh.

Iran.

Nepal.

Denmark.

Ecuador.

[Alpinist 19]

Bitcoin has a lot of advantages before banks. Because we can send our money in BTC to any place anonymous. Governments cant control Bitcoin. That is why they are not accepting it. But perhaps, BTC will be leagl in the future.

Edited October 5, 2020 by Alpinist

[ponijandu 0]

All countries not accept bitcoin. Many countries ban bitcoin. They aee afraid of the use of bitcoin as black money. But i think it should be accepted worldwide. These are digital assets.

[Hihtekk02 11]

this is because bitcoin now can disrupt economy system of any government and it is a very strange for them that some people who just sit at home and earn money like billioners or something 

[Matias1209 84]

El 1/8/2020 a las 4:58, 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?

This is a very interesting topic, but what makes a country a “friend” of cryptocurrencies? "Friend" might be a somewhat vague term, but appropriate when compared to some of the other countries that have a different stance on cryptocurrencies. In a country “friendly” to cryptocurrencies, regulations have generally been implemented that regulate cryptocurrencies, usually their taxation and what they should be used for. There are also events associated with cryptocurrencies and important establishments that accept payments in cryptocurrencies. Generally, a crypto-friendly country will be innovative and forward-thinking. It will implement regulations of mutual benefit for companies that adopt the use of blockchain technology (Yobit).

Edited October 5, 2020 by Matias1209

[IvanVynyavsky 79]

as far as I know, in many countries there are no clear laws regarding cryptocurrency. I know not so long ago in Russia that it was banned. As for me it is a little absurd and not reasonable. I believe in the big future of cryptocurrency and that its legalization will go only in plus for the country as a whole

[famudjr 3]

16 minutes ago, Hihtekk02 said:

this is because bitcoin now can disrupt economy system of any government and it is a very strange for them that some people who just sit at home and earn money like billioners or something 

cryptocurrencies are liberating

24 minutes ago, _pashapasha_ said:

I believe we were getting tracked the moment KYC started , it's hard to find any wallet or even a good exchange platform trusted enough do need some of the documents enlisted by the government itself , all these documents are now connected digitally and stored such that in seconds a person can be tracked.

I do believe this won't be the last straw , many more regulations will come in the way. It's not just the US , but many countries , India is thinking of banning the cryptocurrencies again. The condition is worse in many other countries.

But the regulations are mostly for the benefit of the people not entirely negative. But now we do have options to secure our privacy , if government is taking a step forward , so are the people.

I believe in the power of self-regulation in cryptocurrencies

[Chief executive officer band 681]

for the reason that the authorized income of change brings profit to the magnificence treasury. If each one starts by means of Bitcoin or other cryptocurrencies in the entire their day after day spending, it follows that no one will recompense taxes on the trade of cargo or services. Also, governments of countries cannot make bitcoin as they duplication currency💹.