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Many countries and governments have banned their citizens from using bitcoin
Because of the constant volatility in prices and instability
Because of the heavy attack from countries, this has negatively affected currency prices
Since the beginning of this year there has been a decline in electronic currencies, especially bitcoin
But if we notice we will find this decline is very limited
Did not drop by too large
But was associated in a narrow range
But some countries have restricted the currency
Such as China, India and Pakistan
Who imposed restrictions on the use of these currencies
There are countries that have been barred from dealing with them and considered them illegal
Bolivia, Ecuador, Bangladesh and Algeria
Bolivia
Since El Banco Central de Bolivia decided in 2014 to ban all currency not issued or regulated by the government, the Bolivian authorities have shown that they mean business. In May 2017, they arrested 60 digital currency investors and released a statement with a gentle reminder (in all caps) that the trade and use of virtual currencies are illegal, proceeding to allege that the arrestees had been propagating a pyramid scheme. They really do not want people to use Bitcoin.
Nevertheless, many people have joined this coin
What is the future of this currency?
Will be a bubble and explode in everyone who uses it
Or will be recognized by States and become an official currency
Source
World and bitcoin