This is another clear indication of the fear the governments have concerning cryptocurrency. Cryptocurrency is gradually winning the war because it gives financial power back to the people and the governments fear that ones this power is taking from them and given back to the people by crypto, the may lose control over the people which is not the case.
Taxing individual Bitcoin or crypto transactions can pose some difficulties hence if tax implementation is one of their cases, then they should target the exchanges where every trader ends up finally - here each trader will pay tax indirectly through the transaction fees.
Topic: A Bill to Ban Buying All Cryptocurrencies - page 2. (Read 612 times)
The Government
gang·ster
/ˈɡaNGstər/
noun
noun: gangster; plural noun: gangsters
a member of a gang of violent criminals
Most of the police force and military:
thug
/THəɡ/
noun
noun: thug; plural noun: thugs; noun: Thug
a violent person, especially a criminal.
"he was attacked by a gang of thugs"
synonyms: ruffian, hoodlum, bully boy, bully
I KNOW A LOT OF YOU ARE GOOD PEOPLE, YOU ARE JUST UNAWARE AND YOUR COMMANDING OFFICERS EN$LAVE YOU!
mob·ster
/ˈmäbstər/
nouninformal
noun: mobster; plural noun: mobsters
a member of a group of violent criminals; a gangster.
Both of you:
bully:
/ˈbo͝olē/
noun
noun: bully; plural noun: bullies
a person who habitually seeks to harm or intimidate those whom they perceive as vulnerable.
"you mustn't give in to the village bully"
seek to harm, intimidate, or coerce (someone perceived as vulnerable).
gang·ster
/ˈɡaNGstər/
noun
noun: gangster; plural noun: gangsters
a member of a gang of violent criminals
Most of the police force and military:
thug
/THəɡ/
noun
noun: thug; plural noun: thugs; noun: Thug
a violent person, especially a criminal.
"he was attacked by a gang of thugs"
synonyms: ruffian, hoodlum, bully boy, bully
I KNOW A LOT OF YOU ARE GOOD PEOPLE, YOU ARE JUST UNAWARE AND YOUR COMMANDING OFFICERS EN$LAVE YOU!
mob·ster
/ˈmäbstər/
nouninformal
noun: mobster; plural noun: mobsters
a member of a group of violent criminals; a gangster.
Both of you:
bully:
/ˈbo͝olē/
noun
noun: bully; plural noun: bullies
a person who habitually seeks to harm or intimidate those whom they perceive as vulnerable.
"you mustn't give in to the village bully"
seek to harm, intimidate, or coerce (someone perceived as vulnerable).
If USA will ban BTC, there will be no BTC. USA is the biggest market.
This has to be the dumbest post I have read on here in awhile. IF ALL FIAT DIED, THERE WOULD STILL BE BTC!
oh btw Mr. Sherman
YOU GOING TO BAN GOLD AGAIN TO? FFS!
I am going to ban hammer all of your kind from my universe very soon.
This move will give bad effect to people and if the government still wants to do that, then they need to be careful with the people because many people will protest it to any level.
If USA will ban BTC, there will be no BTC. USA is the biggest market.
I am not sure in what world you are living, let us assume that the US government will come up with a regulation that trading bitcoin and conducting bitcoin is illegal, businesses will shift to other countries where it is legal to conduct business and people will still keep on trading, you cannot shut anything down completely, that was a hypothetical situation, US is just one country and the entire world does not revolve along one country.
btw this is actually good news, the faster they ban fiat trading into bitcoin, the faster bitcoin can serve it`s purpose, also they won`t be able to trade their own b.s. money supply for it ^_^
Can we make a bill to outlaw fiat?
This will further put US on a step backward in crypto world. There's really not going to be much impact in pricing if this scales through in the end but I don't see an end of this decentralized economy just yet.
a lot of are power comes from forcing people to use out b.s. money supply.
Ok, I am thinking the peaceful option I have proposed is about to go out the window.
You traders ready to trade time for bitcoin?
You traders ready to trade time for bitcoin?
They stand no chance. Tried to ban Alcohol, didn't work, imagine banning a digital good this time.
More and more privacy oriented features are being built to protect from exactly this kind of hostile behaviour.
More and more privacy oriented features are being built to protect from exactly this kind of hostile behaviour.
That is true, but they don't think that people now become smart and people want to learn new thing that will help them to solve their problem.
I guess that will not give a bad effect to people and if the government still wants to do that, then they need to be careful with the people power
But soon, the government will realize the benefits of cryptocurrency, and in the end, the governments will approve the cryptocurrency.
All governments approving crypto? I don't think that will ever happen. Some governments will support crypto while some will always oppose it which is not such a big deal since you cannot ban crypto completely.I guess that will not give a bad effect to people and if the government still wants to do that, then they need to be careful with the people power
But soon, the government will realize the benefits of cryptocurrency, and in the end, the governments will approve the cryptocurrency.
There is a chance for all government to approving crypto especially if they can realize what is special from crypto and how they can take the advantages from the crypto.
They are scared of crypto taking over traditional currency and tax payment.
They cannot just accept the fact that cryptocurrency had given financial freedom to people, and that the government it self cannot take advantage of it since it is decentralized and not controlled by anyone. Of course, the government is threatened that people will take their power as the government if people will continue to support crypto.
That is going to fail so hard. How exactly do they intend to enforce such a law ?
Well we have to thank Congressman Sherman, because after making that statement, bitcoin goes and break $6300 barrier. . It also goes to show that they that are very threaten by this so called crypto and the only way to stop them is to ban it, but you see resistance is futile because this revolution is gaining grounds.
. It also goes to show that they that are very threaten by this so called crypto and the only way to stop them is to ban it, but you see resistance is futile because this revolution is gaining grounds.
It's this same scared of crypto hullabaloo. The OGs are still confused as to why the new generation doesn't wanna give up cryptos. No matter what they do we're still surviving. May be they've forgotten that what doesn't kill you makes you stronger.
They are scared of crypto taking over traditional currency and tax payment.
They cannot just accept the fact that cryptocurrency had given financial freedom to people, and that the government it self cannot take advantage of it since it is decentralized and not controlled by anyone. Of course, the government is threatened that people will take their power as the government if people will continue to support crypto.Getting tax from crypto is difficult to implement though. Bit complicated but they can always devise a system on how to extract their share. Crypto users will not gonna like this, obviously. But for now, let's enjoy the moment.
If USA will ban BTC, there will be no BTC. USA is the biggest market.
That is true, but they don't think that people now become smart and people want to learn new thing that will help them to solve their problem.
I guess that will not give a bad effect to people and if the government still wants to do that, then they need to be careful with the people power
But soon, the government will realize the benefits of cryptocurrency, and in the end, the governments will approve the cryptocurrency.
All governments approving crypto? I don't think that will ever happen. Some governments will support crypto while some will always oppose it which is not such a big deal since you cannot ban crypto completely.I guess that will not give a bad effect to people and if the government still wants to do that, then they need to be careful with the people power
But soon, the government will realize the benefits of cryptocurrency, and in the end, the governments will approve the cryptocurrency.
Do you think this is the first time someone proposed such a useless bill op? Its pointless driving attention towards such pointless negative news.
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