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why bitcoin NOT accepted in some countries?
whether bitcoin could threaten paypal , mastercard etc.
Paypal isn't a bank, but its currency has a set value based on the current nation's currency valuation.
Bitcoin is entirely theoretical, its value based only on the value users assign to it.
Some countries ban it as a speculative investment or gambling.
Others ban it because it doesn't have a set value / exchange rate.
You can still get Bitcoin in those nations, and you see it in Greece and Argentina to try to get around currency controls. And those nations don't like it, if not ban it, because they need currency controls to slow down their inflationary cycle.
by Dean Walsh4 years ago
Since we hubbers are making our money here digitally, it would be great if Hubpages could send us payments from the ad program in digital currency using Bitcoin, or even better Ripple.Either of these would have lower...
by Jack Lee6 months ago
The value of Bitcoin, a digital currency, has just passed the $10,000 mark.It has increased in value by 10 folds in just one year...Is this a super bubble or a legitimate investment class?
by Deng Xiang6 years ago
Do you support globalisation? Why or why not?This debate will continue indefinitely, but it is worthwhile to keep in mind how we can make the most out of globalisation and minimise the harmful effects it creates.
by Paula2 years ago
What Countries/Nations should the U.S. STOP sending Money to ASAP! Why?Since we are so deeply in debt and have countless issues to FIX ($$) in our own Country, why don't we simply stop giving money away to foreign...
by Aficionada7 years ago
Hello, Hubbers!Per a forum discussion from a couple of weeks ago, I am opening a proofreading service, aimed primarily towards Hubbers whose first language is not English and who need help with the language in order to...
by mohammad mubeen20 months ago
Why everyone is not a muslim.? A person makes his life better to help others even he is non muslim.
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