Government ban cryptocurrency in our country beacose they know what happened in inside our country. The main reason or ban crypto money laundering. I belong from Bangladesh and you all know what is the financial issue of Bangladesh and what happening in this country. If cryptocurrency legal in Bangladesh then the money launderar will use the source for laundering. That's the main reason of ban cryptocurrency ban in our country...


There are many countries in the world where crypto is not legalized at all.  This is a stupid act. Our country is no different.  In our country too ,if caught by the administration regarding illegal crypto transactions, it is charged as a heinous crime like money laundering.  Those who are associated with the crypto market are basically acting like thieves because there is no sympathy for our country's legitimacy.  Because they know that they can be punished if they are caught by the administration.  For this reason, those who know from the family what kind of punishment can be if they are caught from being connected with the crypto market.  Because of this, they get away from work causing many family problems.  But who will convince them that crypto can bring a bright future.  There are many countries in the world that have complete legitimacy on crypto and there are many from those countries who are successfully making a living from crypto.  Our country's crypto legalization is a dream of lakhs of money.

Governments ban Bitcoin due to concerns about its impact on the financial system, potential for illegal activities, loss of tax revenue, and volatility. However, enforcing such bans is often difficult and can have unintended consequences. As Bitcoin continues to gain popularity and support from individuals and businesses, it remains to be seen how governments will navigate the challenges and opportunities presented by this emerging digital currency.

This topic might be redundant but reasons may vary depending on countries implementing strict regulations to cryptocurrency specifically Bitcoin. We all know that there will always be pro's and con's regarding this issue but it is still up to us on how we are going to deal with cryptocurrencies even though things go against the tides.

If there are countries that hate Bitcoin, it's because they see that they can't get any benefit from it. And if they say that bitcoin is not real, that is their assumption. Those people are considered to be highly educated, but they do not understand the deep concept of Bitcoin.

It's good that only the simple ones studied; they understood the simple context or concept of Bitcoin. For me, it is true that bitcoin is not a physical currency, but whale investors have given it a value in which it is not real money but can be exchanged for real money. It's just common sense; if it's really fake, I hope it's not included in the stock market or forex trading because it's all fiat currencies. Think about that: is it right or not?

Just as you have mentioned or said rather, the countries that banned bitcoin did so for several reasons, but for me, what I have always believed is that, the government will always hate what they cant conquer, and try to destroy that which they do not understand that seem like a threat to them and their centralized financial system.

Former European central bank President once said bitcoin is not real, he also said he is against bitcoin, so many people saying there own opinion towards bitcoin. But have you ever thought why?, from my own point of view

• Bitcoin and cryptocurrency are banned in most countries, China, Russia and many more. Because the government is afraid of bitcoin
• knowing that bitcoin is a decentralize currency, the government cannot control and monitor your funds.
• As bitcoin continues to grow most people continue to adopt bitcoin as there currency, the increase population of bitcoin has become global, business owners, traders, now use bitcoin so the government is scared of loosing there value of money. The more people use bitcoin in saving there money the more the government loose control of there currency.
• they see bitcoin and other cryptocurrency as not trustworthy, as the value changes.

   Countries ban bitcoin for different reasons, some, the government (president) didn't even know anything about crypto but the financial advisers gave the wrong information or they advise the government wrongly on cryptocurrency.
If the financial advisers gave the right information on cryptocurrency many countries would have adopted bitcoin in their countries. Some of them were trying to prevent their citizens from internet fraudstars and scammers probably because of the previous experienced in the country.