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Thread: Why haven't governments illegalized bitcoin transactions?

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    Why haven't governments illegalized bitcoin transactions?

    Why haven't governments illegalized bitcoin transactions?

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    Impossible! Almost all countries have accepted Bitcoin as a payment gateway. Some are trying to regulate Bitcoin to be able to protect the user and control the flow.

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    It is not a good idea to raise that kind of topic. We will lose our investment if they would do that.

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    Quote Originally Posted by AbdulShiek View Post
    It is not a good idea to raise that kind of topic. We will lose our investment if they would do that.
    I think this topic is for the awareness campaign. Our government can declare war to digital currencies anytime.

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    That’s to create FUD in the market and if you heard many news about banning bitcoin, I am sure that the government has no final decision about that thing. They know the pros and cons of bitcoin, and the advantages are working well that’s why they can’t fully banned bitcoin, this is what I see regarding the situation.

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    The government is still reviewing Bitcoin regulations. Each country already has a valid currency to use every day. Even if you make a buy and sell transaction using a valid currency, you can be hit by a criminal.

    Like Bitcoin because the system can not be set up and everyone in the world can access it. Of course, the government can not regulate the use of funds from the Blockchain system. Nowadays it is still debated and hopefully in this country Bitcoin is increasingly able to thrive.

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