not all governments in the world today hate developments that have entered the digital world including crypto, but they usually have to study first and prepare regulations that can keep the country from being caught off guard by this update. at least the government should be able to know well in case of unwanted misuse.
like it or not, the government must immediately accept the reforms that occur otherwise it will be left behind by other countries. there will always be benefits to be drawn from such reforms in the interests of the government. not all will result in harm to the government.
Topic: Bitcoin and her sisters: Why do most governments hate her? (Read 440 times)
I will speak based on the attitude of the government in my country, in my country the government controls everything, it controls how much money the opposition parties have, and at the time of elections the opposition parties do not have the money to campaign. Now let's imagine that an opposition party gets 100.00$ and invests in bitcoin and months later this value becomes 10 times more and they take this money to fund the election campaign, the chances of this opposition party winning the elections are high. so bitcoin is something dangerous in certain countries where the political system is to control people
Yes, anyone can make digital or crypto currencies. The circulation method and everything is predetermined. In a decentralized network, everyone involved is her guarantor.
Now if a government make these kind of coins, it is very highly likely going to be a centralized coin. In this case the government will control the supply and be the guarantor. This gives the government the power to control everything. But in case of bitcoin and most alt coins being decentralized, the government has no power over it. Hence they hate those decentralized coins.
bitcoin has become a decentralized coin that will not be fully regulated by the government. This is why Bitcoin is able to survive despite inflation, because Bitcoin will not be regulated by anyone. They can only manipulate it but it won't affect 100%.Now if a government make these kind of coins, it is very highly likely going to be a centralized coin. In this case the government will control the supply and be the guarantor. This gives the government the power to control everything. But in case of bitcoin and most alt coins being decentralized, the government has no power over it. Hence they hate those decentralized coins.
When governments start issuing or building their own coin that sits on top of a cryptocurrency platform, it will become a fully regulated coin, but so far no country has started building their own coin. Because the government doesn't want to get involved and they only provide regulations on the use of cryptocurrencies.
Can anyone make digital coins? I don't know. What's its circulation mechanism? And who's her guarantor? I don't know.
That's how a pedestrian says on a street in Cairo, echoing questions that many might think of. But what if governments make these coins? The verse may turn.
In general, most countries in the world deal with popular digital currencies, such as Bitcoin and Ethereum.
https://www.nwscoin.com/2022/03/bitcoin-and-her-sisters-why-do-most.html
Yes, anyone can make digital or crypto currencies. The circulation method and everything is predetermined. In a decentralized network, everyone involved is her guarantor. That's how a pedestrian says on a street in Cairo, echoing questions that many might think of. But what if governments make these coins? The verse may turn.
In general, most countries in the world deal with popular digital currencies, such as Bitcoin and Ethereum.
https://www.nwscoin.com/2022/03/bitcoin-and-her-sisters-why-do-most.html
Now if a government make these kind of coins, it is very highly likely going to be a centralized coin. In this case the government will control the supply and be the guarantor. This gives the government the power to control everything. But in case of bitcoin and most alt coins being decentralized, the government has no power over it. Hence they hate those decentralized coins.
The government is just too afraid that more and more people will commit crimes through cryptocurrencies, in fact without cryptocurrencies criminals still happen.
As you said the government should also create their own coins because now the era is all digital. If any government created their own coin then those coins could be sold out in the crypto market.
Criminals first choice is still fiat no matter how anonymous and secure crypto is. So we can't say that due to this reason government is not in favour of crypto.
Moreover there are centralized crypto like xrp, usdt and more that are under control of centralized institutes like banks. The point is centralized cryptocurrencies are just digital tokens not part of decentralized cryptocurrency family whose foundation were laid by Satoshi.
I do not want to look at this as hate but ideally all our governments are based on control.... If a government can not be in charge of something then its not in their best interest as they can not really monitor it, and bitcoin being a decentralized asset does not sit well with our governments either but because people have the most interest lets just say they have turned a blind eye on it.
Wow, you literally just placed a gender on some digutal assets. 😅. This hate that you are talking about has been going in ever sincr I can remember and has already been talked about dozens of times here. And the anwers we get are almost the same every time. Which is greed, selfishness and control. And now op, I am telling you, unless bitcoin gets fully regulated, this hate will never disappear which will implicate other altcoins as well which us Ethereum and the others.
The government will always hate what they can’t control, they would want to be in control of everything. And if they are not in control of anything, they would try to stop it, which is what they have been attempting to do for long now since Bitcoin was created. And they also believe that Bitcoin is a bad currency that is being used for illicit activities (a lot of people have been made to believe such).
And apart from that, they also believe that Bitcoin mining is harmful to the environment, because of how the PoW works. Some cryptocurrencies has been switching to PoS because of that, we don’t know if that would be the case with Bitcoin.
And apart from that, they also believe that Bitcoin mining is harmful to the environment, because of how the PoW works. Some cryptocurrencies has been switching to PoS because of that, we don’t know if that would be the case with Bitcoin.
BTC mining is harmful for the environment but factories established in regime of every government that is polluting air and water 24/7 have nothing to do with environment. It's just hypocrisy nothing else.
I do agree with the fact that governments of all big powers are against btc since they can't control it. Currencies like XRP, BNB, USDT which are centralized have zero opposition from governments.
This opposition is not limited to btc, if you are journalist and speak against government you will face same opposition as btc is facing since its inception.
Can anyone make digital coins? I don't know. What's its circulation mechanism? And who's her guarantor? I don't know.
That's how a pedestrian says on a street in Cairo, echoing questions that many might think of. But what if governments make these coins? The verse may turn.
In general, most countries in the world deal with popular digital currencies, such as Bitcoin and Ethereum.
https://www.nwscoin.com/2022/03/bitcoin-and-her-sisters-why-do-most.html
That's how a pedestrian says on a street in Cairo, echoing questions that many might think of. But what if governments make these coins? The verse may turn.
In general, most countries in the world deal with popular digital currencies, such as Bitcoin and Ethereum.
https://www.nwscoin.com/2022/03/bitcoin-and-her-sisters-why-do-most.html
It such person is in his right senses then he should be able to see one or two people to help him out in giving a substantial information/education on what bitcoin is and has come to offer, dont be surprised that the far you go the more you see and having heightest qualification in education or any professional relevant bodies doesn't mean you have known it all, knowledge is a continues learning, such individual need to know that bitcoin offers freedom and independencey on government and its respective financial regulated bodies, one can make transaction in it simplicity, reliability, fast and in a well securr d platform other than the traditional fiat system and very soon the metaverse technology will begin unfolding.
The government will always hate what they can’t control, they would want to be in control of everything. And if they are not in control of anything, they would try to stop it, which is what they have been attempting to do for long now since Bitcoin was created. And they also believe that Bitcoin is a bad currency that is being used for illicit activities (a lot of people have been made to believe such).
And apart from that, they also believe that Bitcoin mining is harmful to the environment, because of how the PoW works. Some cryptocurrencies has been switching to PoS because of that, we don’t know if that would be the case with Bitcoin.
And apart from that, they also believe that Bitcoin mining is harmful to the environment, because of how the PoW works. Some cryptocurrencies has been switching to PoS because of that, we don’t know if that would be the case with Bitcoin.
The real reasons why governments hate crypto like bitcoin because they cannot make enough money by collecting taxes. Since it is decentralized, means no one owns and controlled. If there is no demand for their currency and people are hypothetically buying crypto then those governments/countries will go bankrupt.
I will agree with your argument there because we understand that if the government wasn't against Bitcoin in most countries, most if not all will have their funds in crypto assets instead of fiat banks however we can also note that because most of our daily needs still cannot be bought directly with BTCs we might still end up using Fiat currencies in most cases. 
Can anyone make digital coins? I don't know. What's its circulation mechanism? And who's her guarantor? I don't know.
That's how a pedestrian says on a street in Cairo, echoing questions that many might think of. But what if governments make these coins? The verse may turn.
In general, most countries in the world deal with popular digital currencies, such as Bitcoin and Ethereum.
https://www.nwscoin.com/2022/03/bitcoin-and-her-sisters-why-do-most.html
That's how a pedestrian says on a street in Cairo, echoing questions that many might think of. But what if governments make these coins? The verse may turn.
In general, most countries in the world deal with popular digital currencies, such as Bitcoin and Ethereum.
https://www.nwscoin.com/2022/03/bitcoin-and-her-sisters-why-do-most.html
As a government you would also hate things that you can't control. That's the simplest explanation why governments hate digital currencies decentralized in nature. They can't control its creation, its circulation, its usage and moreover they can't track the transactions. So there's no way for the government to love such a technology that takes back the power from their hand and gives it to their citizens. It's no fun for the government and especially the central banks.
The real reasons why governments hate crypto like bitcoin because they cannot make enough money by collecting taxes.
(...)
You got a point here, this can be considered one of many reasons. The power of decentralization will eliminate the third party because what we are right now for example is the traditional banking, here are the banks and governments. It is also one of many reasons why Bitcoin is created, to be your own bank.(...)
So, it shouldn’t really be that much of a problem right? But the government would always want everything to benefit, and with the level of misconception that they are having about Bitcoin, it’s part of the reasons why they are always acting against cryptocurrency.
The real reasons why governments hate crypto like bitcoin because they cannot make enough money by collecting taxes. Since it is decentralized, means no one owns and controlled. If there is no demand for their currency and people are hypothetically buying crypto then those governments/countries will go bankrupt.
Banks have setup huge customer satisfaction base and they are running the monetary system of the country so it could never go bankrupt easily if we look at the big picture.The people are getting interested in crypto like bitcoin but that does not dilute the use of Fiat as you still need it to buy them and the whole payment system of country works on it as it is legal tender and you can't survive without it.So the use could be affected but fiat will remain here for long term.
Some governments hate cryptocurrencies, and some governments support them. Major countries generally resist cryptocurrencies because they want to issue their own national digital currency. There was a lot of money laundering through cryptocurrencies before, and the government didn't want to see that.
Bitcoin has grown up to now, and the government has been unable to "kill" it. Cryptocurrencies can only be banned over and over again.
Bitcoin has grown up to now, and the government has been unable to "kill" it. Cryptocurrencies can only be banned over and over again.
Can anyone make digital coins? I don't know. What's its circulation mechanism? And who's her guarantor? I don't know.
That's how a pedestrian says on a street in Cairo, echoing questions that many might think of. But what if governments make these coins? The verse may turn.
In general, most countries in the world deal with popular digital currencies, such as Bitcoin and Ethereum.
https://www.nwscoin.com/2022/03/bitcoin-and-her-sisters-why-do-most.html
are you promoting that Site? because checking all your post? everything is just a shared article and from that same site posting over and over.That's how a pedestrian says on a street in Cairo, echoing questions that many might think of. But what if governments make these coins? The verse may turn.
In general, most countries in the world deal with popular digital currencies, such as Bitcoin and Ethereum.
https://www.nwscoin.com/2022/03/bitcoin-and-her-sisters-why-do-most.html
Am not sure what is your main intention here but what i see is that you are just promoting the site and nothing more.
and also for all the thread you created? never that once you come back and post again in that same thread.
The real reasons why governments hate crypto like bitcoin because they cannot make enough money by collecting taxes.
(...)
You got a point here, this can be considered one of many reasons. The power of decentralization will eliminate the third party because what we are right now for example is the traditional banking, here are the banks and governments. It is also one of many reasons why Bitcoin is created, to be your own bank.(...)
There are facts we should take into account, if the government had been able to get their dirty hands on half of Bitcoin's circulating supply, it would have been another story we would be hearing on the news today, but Satoshi was for the people and for the people, and they are not happy about that.
We don't know how certain bitcoin and decentralization will be in the future, but one thing is sure, we will get bitcoin into every home, and many trillions will be injected from their useless fiat to give bitcoin more value than it has ever had.
We don't know how certain bitcoin and decentralization will be in the future, but one thing is sure, we will get bitcoin into every home, and many trillions will be injected from their useless fiat to give bitcoin more value than it has ever had.
First of all, I am sure that it is about decentralization and centralization.
You know, government will love something centralized that they can control and amange. But it will be different from Bitcoin in which is decentralized.
So, the government may use this issue to influence that decentralization means that they have no guarantee or even will not take responsible if something happen. Andworse, they make certain FUD about the danger of something decentralized, moroever not real and we cannot hold by hands.
This is the most thing that I haveheard so far.
You know, government will love something centralized that they can control and amange. But it will be different from Bitcoin in which is decentralized.
So, the government may use this issue to influence that decentralization means that they have no guarantee or even will not take responsible if something happen. Andworse, they make certain FUD about the danger of something decentralized, moroever not real and we cannot hold by hands.
This is the most thing that I haveheard so far.
In general, most countries in the world deal with popular digital currencies, such as Bitcoin and Ethereum.
You do good there are still people who hate you, what's more you do bad more people hate you, that's the meaning of world life, the core of the problem is (Lust).Bitcoin & Ethereum are coins that are liked by many people, both from the low class to the classy class, Bitcoin & ethereum, no matter what tribe or nation they come from, both always make people happy in general from an economic point of view, no wonder negative and hateful news always appear for both of them, those who hate Bitcoin & Ethereum not from their heart but from their mouth, in essence they don't hate Bitcoin & Ethereum, but they hate themselves from a greed point of view.
The real reasons why governments hate crypto like bitcoin because they cannot make enough money by collecting taxes. Since it is decentralized, means no one owns and controlled. If there is no demand for their currency and people are hypothetically buying crypto then those governments/countries will go bankrupt.
Who says they can't do that? Income taxes are quite high in some countries, but regardless of that percentage, anyone who buys or sells cryptocurrencies through centralized exchanges has made KYC and will sooner or later come under the radar of the tax administration. See the example of Turkey where cryptocurrency trading is allowed but banned as a means of payment, which means that one of the reasons why Bitcoin exists is disabled by ordinary law.
This does not mean that person A cannot send BTC to person B, but it does mean that no legal entity may sell goods or charge for services in any cryptocurrency. Every government has a number of mechanisms in place to regulate the way cryptocurrencies are used, the only question is to what extent they want to use those mechanisms.
Can anyone make digital coins? I don't know. What's its circulation mechanism? And who's her guarantor? I don't know.
That's how a pedestrian says on a street in Cairo, echoing questions that many might think of. But what if governments make these coins? The verse may turn.
In general, most countries in the world deal with popular digital currencies, such as Bitcoin and Ethereum.
https://www.nwscoin.com/2022/03/bitcoin-and-her-sisters-why-do-most.html
That's how a pedestrian says on a street in Cairo, echoing questions that many might think of. But what if governments make these coins? The verse may turn.
In general, most countries in the world deal with popular digital currencies, such as Bitcoin and Ethereum.
https://www.nwscoin.com/2022/03/bitcoin-and-her-sisters-why-do-most.html
To answer your first question, yes - almost anyone with an internet connection and the ability to do a bit of reading can make a cryptocoin. Will it be any good? Probably not because there are already thousands and unless it has a very unique selling point (aka something original behind it) then it's unlikely to break into a big market. Central banks most definitely have a lot more power to launch, maintain and publicize any stablecoin that they choose to release so we're likely to see this happening in future. It looks like many countries around the world are investigating this, even China who have been a bit wary about the idea. I think the wasteful energy side of crypto is the biggest let down for it right now, when many people who will never have any need to use crypto are seeing record energy bills in most countries it is getting hard to defend it and politicians will find it an easy target to conserve energy.
The real reasons why governments hate crypto like bitcoin because they cannot make enough money by collecting taxes.
(...)
You got a point here, this can be considered one of many reasons. The power of decentralization will eliminate the third party because what we are right now for example is the traditional banking, here are the banks and governments. It is also one of many reasons why Bitcoin is created, to be your own bank. (...)
Government not only hates bitcoin but any other thing which according to them is not in their favour like you are spitting some reality over their works they will restrict you to do so.Same is the case with bitcoin as taking ownership from them and dividing them to one's who hold them is definitely against their power monopoly so they hate it.But the fact is they can't stop it from growing ignoring the fact how much they try.
Moreover governments don't hate centralized crypto exchanges that do kyc and are under the government control. The hate is only towards decentralized bitcoin which they can't control. So we can easily conclude that since governments can't control the decentralized bitcoin they are banning it.
But we have to admit that despite all opposition from governments world wide, bitcoin as grown enormously in last 10 years from almost 0 dollars to 65k$.
Government not only hates bitcoin but any other thing which according to them is not in their favour like you are spitting some reality over their works they will restrict you to do so.Same is the case with bitcoin as taking ownership from them and dividing them to one's who hold them is definitely against their power monopoly so they hate it.But the fact is they can't stop it from growing ignoring the fact how much they try.
Bitcoin lovers don't like fiat and banks because we don't have full control over our assets, our assets are managed and monitored by the government.
On the contrary, the government hates bitcoin because they cannot control it. If people use bitcoin then they will lose control of their economy and influence the power of government. So they will ban or find a way to manage bitcoin in some way that will benefit them.
On the contrary, the government hates bitcoin because they cannot control it. If people use bitcoin then they will lose control of their economy and influence the power of government. So they will ban or find a way to manage bitcoin in some way that will benefit them.
Decentralized cryptocurrencies made it possible for common people to have access to profitable investments and dollar currency (stable coin) for a fair price, overcoming the necessity of banks and traditional exchange offices for such purposes.
And that is a big issue for governments, because banks are their partners, and with access to dollar currency for a decent price, many people can exchange their national currencies into the foreign currency, what isn't interesting for the local economy.
At same time, governments don't want to exclude the possibility of taking advantage of crypto universe when following closely where people's money is coming from and going to. CBDCs are powerful tools to fight money laundry and track money from illegal sources. That means the government can watch it more efficiently and raise their income from taxes and seizing criminals' funds.
And that is a big issue for governments, because banks are their partners, and with access to dollar currency for a decent price, many people can exchange their national currencies into the foreign currency, what isn't interesting for the local economy.
At same time, governments don't want to exclude the possibility of taking advantage of crypto universe when following closely where people's money is coming from and going to. CBDCs are powerful tools to fight money laundry and track money from illegal sources. That means the government can watch it more efficiently and raise their income from taxes and seizing criminals' funds.
Can anyone make digital coins? I don't know. What's its circulation mechanism? And who's her guarantor? I don't know.
That's how a pedestrian says on a street in Cairo, echoing questions that many might think of. But what if governments make these coins? The verse may turn.
In general, most countries in the world deal with popular digital currencies, such as Bitcoin and Ethereum.
https://www.nwscoin.com/2022/03/bitcoin-and-her-sisters-why-do-most.html
That's how a pedestrian says on a street in Cairo, echoing questions that many might think of. But what if governments make these coins? The verse may turn.
In general, most countries in the world deal with popular digital currencies, such as Bitcoin and Ethereum.
https://www.nwscoin.com/2022/03/bitcoin-and-her-sisters-why-do-most.html
Bitcoin and his queen had good start from the beginning.Whenever their was a increase in bitcoin price, the same was reflected in Ethereum all the time. When a new people get into the crypto currency, their first choice will be the bitcoin and second choice is Ethereum. So they are called as a King and Queen of Crypto.When their was huge variation in the price of altcoin other then, this two. Then they may get some attention.
Can anyone make digital coins?
Anyone can create digital currency but the person must have good cryptography knowledge and the coin must create with a good concept and fundamental purpose with good community support or else the coin will die before it was created.And who's her guarantor? I don't know.
Community enthusiasm is the guarantor every crypto need to prosper.legendary
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Can anyone make digital coins? I don't know. What's its circulation mechanism? And who's her guarantor? I don't know.
That's how a pedestrian says on a street in Cairo, echoing questions that many might think of. But what if governments make these coins? The verse may turn.
In general, most countries in the world deal with popular digital currencies, such as Bitcoin and Ethereum.
https://www.nwscoin.com/2022/03/bitcoin-and-her-sisters-why-do-most.html
It is commonly said that people hate what they don't or can't understand. That's how a pedestrian says on a street in Cairo, echoing questions that many might think of. But what if governments make these coins? The verse may turn.
In general, most countries in the world deal with popular digital currencies, such as Bitcoin and Ethereum.
https://www.nwscoin.com/2022/03/bitcoin-and-her-sisters-why-do-most.html
Government hate bitcoin and cryptocurrencies in general for several reasons, and to mention a few - :
- They hate it cus they dont understand it
- They hate it cus they can't control it
- And because they can't control it, it is a bit hard for them to figure out a way to effectively regulate and tax crypto holders, so they hate it
- To them, bitcoin and cryptocurrencies in general is a threat to that which they control and have power over, and that is banks and paper money(fiat), so because they can't have power over bitcoin and it's supply, they hate it for being a threat to that which they have power over
The above and many more are the reasons why government hate bitcoin, but you what,? There hate can not change what has been ordained to be, for what must be must be, no man can stop it.
That’s the thing, we don’t want Government to control our assets and tax whatever the heck amount they want every year. That’s why we are in the universe of crypto right now. You me or someone else on this forum is just here because they are on the same page as bitcoin is or Mr. Satoshi ever though of. We can not forget the very first principle behind the creation of crypto currencies, -> self control, no involvement of banks, unlimited transactions and 24*7 running market. With the public ledger the security of data and it’s integrity is always an added advantage. I’m sure this is why most of the government hate crypto.
Reasons they might hate it:
- They cannot control it
- They think this might give people more power
- This might give people a whole deal of freedom, to fund a whole revolution as seen in history
- They need them to make investments in their country so that they can get their profits
- They think this might cause increase in the illegal activities as well
All of these things are quite absurd and the government wants absolute control many times therefore at the end of the day I don't think it's a big deal since they cannot ban it 100%
- They cannot control it
- They think this might give people more power
- This might give people a whole deal of freedom, to fund a whole revolution as seen in history
- They need them to make investments in their country so that they can get their profits
- They think this might cause increase in the illegal activities as well
All of these things are quite absurd and the government wants absolute control many times therefore at the end of the day I don't think it's a big deal since they cannot ban it 100%
if the government has its own coin , they will control everything when the price goes up and when the price goes down and of course the people will always experience material / financial losses , and only benefit the government . I think it's enough that the government regulates taxes, not crypto too
If that so, no one will gonna try to trade on that coin, it will be pushed down and become shit coin later on. Government-related coin should always be backed/pegged digitally of its local currency or CBDC nothing else coz what I said will happen.I don't think the government hate crypto or btc per say, they just don't like the simple fact that this particular technology is out their control, government is all about control and anything outside that jurisdiction is not acceptable to them
That's why they hate it coz its already widely used a currency, millions or billions of USD transfers done everyday yet they can't do something to control it or to monitor it and make profit/tax of it. 
Anyone can make it for sure.
Even you're not a developer but you have money, you can have your own token and you just have to pay the developer to make it and maintain it. And that's why many projects are just coming out of nowhere because of how convenient it is to make.
The government has already the CBDC and that's not the same as the usual cryptocurrencies that we know.
Even you're not a developer but you have money, you can have your own token and you just have to pay the developer to make it and maintain it. And that's why many projects are just coming out of nowhere because of how convenient it is to make.
The government has already the CBDC and that's not the same as the usual cryptocurrencies that we know.
I don't think the government hate crypto or btc per say, they just don't like the simple fact that this particular technology is out their control, government is all about control and anything outside that jurisdiction is not acceptable to them, reason why they have been against it for so long, and if what the op is implying is true, then how come the government are not very friendly with crypto? i doubt this tech was made by them, their attitude towards it is enough to clear that doubt.
...But what if governments make these coins? The verse may turn.
if the government has its own coin , they will control everything when the price goes up and when the price goes down
I kind of get what you mean, but I also do not. With enough monetary resources or influence, the government can control the price of any asset. See Russian sanctions, or check out what the United States has done in the past three years to hide the inevitable hyperinflation. They are already controlling prices, it is just more evident in some areas than it is in others. China has influenced Bitcoin's price multiple times. Musk has influenced Bitcoin and Dogecoin's. You do not need to be in control of the coin, you only need to have enough influence and power.When we say the government would be in control of everything, we usually say that because with a CBDC you have no more privacy, no more financial freedom, no more control. They can freeze, seize, move, receive and send your funds or even close down your access to finance. Bitcoin allows you to be financially free by eliminating all these issues and giving you the handle.
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Regards,
PrivacyG
as we know every government hates crypto because crypto is decentralized and cannot be controlled for sure.
if the government has its own coin , they will control everything when the price goes up and when the price goes down and of course the people will always experience material / financial losses , and only benefit the government . I think it's enough that the government regulates taxes, not crypto too
if the government has its own coin , they will control everything when the price goes up and when the price goes down and of course the people will always experience material / financial losses , and only benefit the government . I think it's enough that the government regulates taxes, not crypto too
The system that is different from what is expected is still an obstacle for them. besides that it is difficult to control can also be one of the strong factors there.
Actually most of them are probably just buying time because the longer I see more and more people are here and not even a few countries are starting to recognize
Actually most of them are probably just buying time because the longer I see more and more people are here and not even a few countries are starting to recognize
I think the government hate crypto because it is decentralized and they couldn't control it.
When you will to control the finance of a nation, you will be able to control them. But if you can not control their finance system then they will not care about your existence which means governments are less powerful.If you look at world politics then you will understand why the nations do not want to mess with USA LOL
Can anyone make digital coins? I don't know. What's its circulation mechanism? And who's her guarantor? I don't know.
That's how a pedestrian says on a street in Cairo, echoing questions that many might think of. But what if governments make these coins? The verse may turn.
In general, most countries in the world deal with popular digital currencies, such as Bitcoin and Ethereum.
https://www.nwscoin.com/2022/03/bitcoin-and-her-sisters-why-do-most.html
I think the government hate crypto because it is decentralized and they couldn't control it.That's how a pedestrian says on a street in Cairo, echoing questions that many might think of. But what if governments make these coins? The verse may turn.
In general, most countries in the world deal with popular digital currencies, such as Bitcoin and Ethereum.
https://www.nwscoin.com/2022/03/bitcoin-and-her-sisters-why-do-most.html
Why would the government create a decentralized crypto? They wouldn't gain anything from it unless they would be whales that could control the flow or events.
Can anyone make digital coins? I don't know. What's its circulation mechanism? And who's her guarantor? I don't know.
That's how a pedestrian says on a street in Cairo, echoing questions that many might think of. But what if governments make these coins? The verse may turn.
In general, most countries in the world deal with popular digital currencies, such as Bitcoin and Ethereum.
https://www.nwscoin.com/2022/03/bitcoin-and-her-sisters-why-do-most.html
That's how a pedestrian says on a street in Cairo, echoing questions that many might think of. But what if governments make these coins? The verse may turn.
In general, most countries in the world deal with popular digital currencies, such as Bitcoin and Ethereum.
https://www.nwscoin.com/2022/03/bitcoin-and-her-sisters-why-do-most.html
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