Can We Consider Bitcoin To be An Anti-Government? - page 2.

Lorence.xD

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Quote from: CryptoBry on February 09, 2018, 03:17:50 AM

Bitcoin is returning back the power to the people to determine their own financial fate and to make decisions away from the controlling power of the government. It is proposing a decentralized world where power can be distributed and not concentrated on the few or the elites as some would say.

In my own view, Bitcoin is offering an alternative to what the government is providing. And on this ground, many government people are viewing Bitcoin to be an expression of an anti-government movement. This can be the reason why they do not trust Bitcoin and some are out to stifle its growth.

The fact the many governments are afraid of Bitcoin is a manifestation that Bitcoin is successful in getting the attention of the government and many institutional establishments as to the many ills affecting a centralized system which we have known since we were born into this world.

We all know that bitcoin does not require any middleman such as banks in its transactions since it is running through the blockchain. If we are looking at this side we can say that bitcoin is anti-government. But if we look for what bitcoin can do to help people, then it is not anti-government because they helped government in terms of helping people to get their own without lending any of their money to people.

rommelzkie

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Quote from: CryptoBry on February 09, 2018, 03:17:50 AM

Bitcoin is returning back the power to the people to determine their own financial fate and to make decisions away from the controlling power of the government. It is proposing a decentralized world where power can be distributed and not concentrated on the few or the elites as some would say.

In my own view, Bitcoin is offering an alternative to what the government is providing. And on this ground, many government people are viewing Bitcoin to be an expression of an anti-government movement. This can be the reason why they do not trust Bitcoin and some are out to stifle its growth.

The fact the many governments are afraid of Bitcoin is a manifestation that Bitcoin is successful in getting the attention of the government and many institutional establishments as to the many ills affecting a centralized system which we have known since we were born into this world.

bitcoin can be used in any other way and the government can easily use bitcoin anytime they want. they can even manipulate it by just buying all bitcoins.
on which they will not do because if they do the price of BTC will skyrocket.

aintnopassincraze

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You could but do you view banks as anti-people? Again you could view them this way but it won't help your relationship moving forward. Bitcoin can be viewed as this but this isn't the end game it is to thrive for the people. Same with banks it isn't to destroy people (does this indirectly) it is to make profit we just get caught in the way. Same thing for Bitcoin, governments are caught in the way, in no way was Bitcoin created to be "anti-government".

Neljose

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Bitcoin wasn't made to be anti Government. Rather, it was created to move society forward and put an end to the problem of payment across boarders. Its the Government who see Bitcoin as a threat to their reign, and that's why they are trying to frustrate Bitcoin.

Mpamaegbu

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I don't think so and I know that isn't so. Except we want to look at it as anything that liberates the masses is against the government.

In the general perspective we could say it might break the backbone of communism but not capitalism. The truth is that the leaderships of most nations of the world have not really taken out time to under study how Bitcoin works and what constitutes it. The world governments just perceive that since Bitcoin is created to be decentralized and allows the masses an opportunity to make wealth without relying on the government for that it should be tagged anti-government. This the a reason most of them (especially China) ban or strangulate Bitcoin.

Notcalculator

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In it's current state, no. You are right, bitcoin does provide an alternative to something the government provides and that's the monetary system. This is the dream. Decentralized monetary system in which everyone has equal influence. But that's it-- a dream. In reality the technology is not allowing it to progress to that. Although, it's a good start. Nothing disruptive happens overnight. This is a slow process. Maybe in the future it will be anti goverment.

Prodigan786

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Bitcoin is not anti government as you stated it is control back to people . It is not anti government because it allowing people to grow . So country obviously benefited . Because i am paying tax for bitcoin profit . but i would like to say bitcoin consider t o be an anti bankers or as you said against elites.

daniweb

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We shouldn't consider bitcoin an anti-government because it is not. Governments are aware and they know how bitcoin works. It is not illegal

ocid

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Bitcoin was created because of government delays in terms of economic development, especially for small communities covered by regulations made by the government that caused economic growth to be hampered. and now bitcoin has answered all the problems in which the small community can express all economic problems without government intervention that is felt to burden society, especially the small community.

lamadu3

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Quote from: CryptoBry on February 09, 2018, 03:17:50 AM

Bitcoin is returning back the power to the people to determine their own financial fate and to make decisions away from the controlling power of the government. It is proposing a decentralized world where power can be distributed and not concentrated on the few or the elites as some would say.

In my own view, Bitcoin is offering an alternative to what the government is providing. And on this ground, many government people are viewing Bitcoin to be an expression of an anti-government movement. This can be the reason why they do not trust Bitcoin and some are out to stifle its growth.

The fact the many governments are afraid of Bitcoin is a manifestation that Bitcoin is successful in getting the attention of the government and many institutional establishments as to the many ills affecting a centralized system which we have known since we were born into this world.

Guys that work in governments are the same plain people as we are. Most of them simply do not know anything about Bitcoin and the benefits that blockchain technologies can bring to their countries. BTC is not an anti-government stuff.

cccarnation

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I don't think bitcoin is anti-government, it does no harm to government institutions. It just ignores governments and their regulation mechanisms cause btc is for people, not for bureaucrats.

talkbitcoin

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No!

because to put simply the government is not just money printing machines. there is a lot of other things that they do and bitcoin is just an optional currency that is not even big enough to want to do anything to the fiat world.

the governments are not afraid of bitcoin. some countries have corrupted government like India and China which are seeing bitcoin as something that is harming their plans. and the rest of the world are afraid of what bitcoin might do to the economy of the country since it is not regulated and is highly volatile. that still doesn't mean they are against it .

xieqieshangu9

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There is no doubt that the bitcoin community is a large number of anarchist fundamentalists, and bitcoin has grown so far that many people are now worth tens of billions of dollars.

These people are free to allocate their own assets, not affected by the government!

So many governments are afraid of BTC and forbid it!

michael shikany

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Yes, as in many Asian countries, most of the power is concentrated in the hands of a few, and the existence of bitcoin is likely to change that.
It may leave the country's residents with uncontrollable economic income, which is a problem that corrupt countries are reluctant to confront.

12tribes

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Not exactly. Bitcoin is a healthy alternative to everyday fiat currencies and offers one the opportunity of making payments even over the weekends when most government offices will not process the business transactions. It is safe, reliable and only requires the internet. It's details may not be manipulated or altered.

Ailmand

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Quote from: CryptoBry on February 09, 2018, 03:17:50 AM

Bitcoin is returning back the power to the people to determine their own financial fate and to make decisions away from the controlling power of the government. It is proposing a decentralized world where power can be distributed and not concentrated on the few or the elites as some would say.

In my own view, Bitcoin is offering an alternative to what the government is providing. And on this ground, many government people are viewing Bitcoin to be an expression of an anti-government movement. This can be the reason why they do not trust Bitcoin and some are out to stifle its growth.

The fact the many governments are afraid of Bitcoin is a manifestation that Bitcoin is successful in getting the attention of the government and many institutional establishments as to the many ills affecting a centralized system which we have known since we were born into this world.

I don't think it is. Although the government are hands-tied with trying to totally eradicate the cryptocurrency market because of the many things that are safely encrypted and comes with the private feature of cryptocurrency transactions, it could still regulate it and try to control it in many different ways for them to exploit and gain control of the profit it commands. There have been many countries that used the cryptocurrency market to actually improve their economies, and it also helped many people gain finances for themselves. How can you consider an industry that helps a lot of people to be anti-government, right?

krishnaverma

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Quote from: CryptoBry on February 09, 2018, 03:17:50 AM

In my own view, Bitcoin is offering an alternative to what the government is providing. And on this ground, many government people are viewing Bitcoin to be an expression of an anti-government movement. This can be the reason why they do not trust Bitcoin and some are out to stifle its growth.

I think we can have both systems running without any conflicts. It is hard for me to understand why the governments are banning crypto in their countries. This should be actually encouraged especially in developing countries where there are less earning opportunities in form of jobs.

avikz

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Quote from: CryptoBry on February 09, 2018, 03:17:50 AM

Bitcoin is returning back the power to the people to determine their own financial fate and to make decisions away from the controlling power of the government. It is proposing a decentralized world where power can be distributed and not concentrated on the few or the elites as some would say.

In my own view, Bitcoin is offering an alternative to what the government is providing. And on this ground, many government people are viewing Bitcoin to be an expression of an anti-government movement. This can be the reason why they do not trust Bitcoin and some are out to stifle its growth.

The fact the many governments are afraid of Bitcoin is a manifestation that Bitcoin is successful in getting the attention of the government and many institutional establishments as to the many ills affecting a centralized system which we have known since we were born into this world.

Bitcoin is not structurally built to be in favor of government. Bitcoin has successfully implemented the idea of decentralization while all governments have a strict centralized policy. So bitcoin's idea is against the centralization policy of the governments around the world. Having said that, bitcoin is not a weapon we should use against government because governments are the supreme power here. We both needs to be accommodating to accept each other.

We can all take an example of Japan. Its government is similar to other governments in the world with a centralized banking system and a centralized economy. But Japan showed us how governments can accommodate de-centralized economy in to a main stream economy. They both can go hand in hand while people get benefited from the bitcoin investment and trading and government can get the taxes. It is a mutually beneficial arrangement and this is the way we all should think. Anti-government movement can't fetch us anything, instead it is wise to have both parties on the same side and make the most out of it.

bug.lady

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As long as you need to exchange bitcoin to fiat in order to make payments (bitcoin is currently considered to be store of value, not a currency) it will not pose any threat to governments. Contrary, governments can profit from it, either by taxing the capital gains on it or maybe less obviously: confiscating bitcoin used in crime and auction it (vide Bulgaria, USA).

Only bitcoin as a currency can provide the alternative to fiat (official currencies) and thus kind-of oppose the government monopoly in this area. Maybe LN will be the answer here.

jpespa

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Bitcoin maybe considered to be an anti-government and indeed it could be a threat to government. Considering that a certain government has been performing badly at economy, they might get afraid that investors who holds good amount of shares would not worry actually to pullout out what they have since they can shift anyway to bitcoin where the tax law can't reach them.

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