Why some country banned bitcoin and All Cryptocurrencies?

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Nick 7 months 1 Answer 91 views Introductory 0

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  1. Bitcoin is decentralized and thus these governments cannot control it, the main issue with this is that they cannot tax it effectively. There are also many scams related to bitcoin and especially ICOs, and most of the people try to earn free bitcoin through different scams.Most importantly Bitcoin Transaction does not make any profit to the government.

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