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Why bitcoin not legal every country


Ali saher

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Posted

Bitcoin is legal in every country. Yes government can ban its use and all, but you really can not ban the software. Anyone can run a node and use Bitcoin.

Posted

The reason behind it is that countries want to take control of inflation and interest rates. Everything on the economy are related to political issues and the existence of that country.

Posted
21 hours ago, MarkC said:

Bitcoin is legal in every country. Yes government can ban its use and all, but you really can not ban the software. Anyone can run a node and use Bitcoin.

Hahhh?? Ofcourse not...bitcoin not allow on every country..and the reason is if govt accepted it then a lot of scam happen in a country which is bad..moreover if bitcoin become famous in a country then their national currency demand low down...infect btc has scam site that make all govt afraid

Posted

So to me am going to take a very different stand, when you look at the countries where there is a lot of illegal stuff going on, there is a lot of regulations and restrictions when it come to handling of money , its very important to really be sure of what the country you are in , some countries will not get the pass of bitcoin because of how they have been standing tough, say we have coutries with a lot of Terorrism and there are others with high rate of Violence, so this would be restricted to avoid having a route to make business transaction of maybe illegal fire arms and so on

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