Why bitcoin is not supported in some countries?

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rajasobdar
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Pakistan

#22815

21 Feb 2018, 12:28

I have heard that bitcoin is not supported in some countries. But why ? Is it because bitcoin is risky ? Some countries even declare 6 months jail if her people use bitcoin. Is it fair ? I mined few cryptos and have left mining. It was fun and challenging too. But I never got any clear answer. What does my gpu actually do ? I pay electric bill, my room temperature goes high and I get paid. With actually no skill on pc hardware and software. Whole thing is still pretty unclear to me


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busines786
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#22826

21 Feb 2018, 12:38

bitcoin is not regulated by the countries . it must be regulated and about all the records must be regulated by the goverment. but it is very difficult process. so thats why some countries not supported .

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rajasobdar
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#22828

21 Feb 2018, 12:40

Yes dear you are right
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0naimhossain
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#22829

21 Feb 2018, 12:41

yes, you are right. same to here in Bangladesh .
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rajasobdar
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#22833

21 Feb 2018, 12:42

yeah dear i told that same thing
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shahidulJehan
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#22860

21 Feb 2018, 12:57

Its nor really risky.Everything has a negative & positive side.Its all upto u that how u take this...if u use it for negative role then that will do very harmfull effect & if u do it positively then it will b like heaven...

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rajasobdar
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#22873

21 Feb 2018, 13:06

hahaha yeah but now a days many criminals are using bitcoin in illegal ways
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sariful14
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Bangladesh

#23386

22 Feb 2018, 04:24

There is no central authority in bitcoin. No one control this. It looks like gambling. Being anonymous in nature, money laundering may increase using btc. According to the central bank of Bangladesh, these are the reasons behind banning it in Bangladesh.

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abdullah2034
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#23390

22 Feb 2018, 04:47

because it may be risky.

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hridoy57
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#23422

22 Feb 2018, 06:12

Bitcoin also not supported in our country and its clearly illegal because of terrorism... thats why government ban it in our country,,,
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GalawangHudas
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#23455

22 Feb 2018, 07:11

I have heard that bitcoin is not supported in some countries. But why ? Is it because bitcoin is risky ? Some countries even declare 6 months jail if her people use bitcoin. Is it fair ?. Maybe it's because most people on other countries consider bitcoin as scam and they think that bitcoin is all about any other illegal activities. But governments have their own reason.

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