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Topic: Continue believing in Bitcoin when the government says not to? (Read 472 times)

hero member
Activity: 1190
Merit: 534
We must understand that governments will always look for the extreme control on most of the things and if cryptocurrencies are acting against that motive then governments will label it as dangerous. It's not against government but it's the subject matter of centralisation vs decentralization. We are the group of people who believe decentralization has more benefits as compared to that of centralisation. That's the reason why we believe in Bitcoin irrespective of the government's warning.
member
Activity: 182
Merit: 12
If your life has been changed by bitcoin overtime, no matter what the government tell you,it wont matter at all. government is just trying to steal the people's trust to bitcoin which will be more beneficial to them in the future. once they can regulate bitcoin, they will use it to their own advantage since most of the government are just after the power and money.
jr. member
Activity: 118
Merit: 2
I think if bitcoin is banned I probably still believe in bitcoin. Bitcoin's profits bring so many people, but it's not good for the government. Perhaps the government wants people not to be financially free because it affects the government's profits.
full member
Activity: 308
Merit: 128
there are foreign govenrations that can not handle the bitcoin so they do not want it in their country and think they will not earn it if they can not handle it and another is not as tax bitcoin so they just do not want bitcoin and want to ban their country

Actually, whatever damage the government will do they can not prevent the person to use Bitcoin, Bitcoin is really a big help for everyone  even an ordinary people could get involved with kind of technology, and just accept the fact that because of Bitcoin lots of people have already change their life, so government difficult to stop Bitcoin.
newbie
Activity: 81
Merit: 0
Yes I will because bitcoin is my life and because of bitcoin my life have been changed a lot. This wil alwys be my life changer forever
sr. member
Activity: 574
Merit: 250
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It is highly dependent on your part. If you want so, then, go and use bitcoin and continue to believe in this coin. And also cryptocurrencies. Me, I intend to still follow bitcoin in order for me to get more profit. I have 3 balls that are iron to hodl. Smiley
member
Activity: 633
Merit: 14
Perhaps the government forbids bitcoin because many are abusing this vitality money as a crime. In addition the negative effects of bitcoin on the government will be reduced its bank users, if at any time all using bitcoin may bank will go bankrupt. Believing in bitcoin is my way of life as long as it does not harm the government Wink
newbie
Activity: 47
Merit: 0
Government only says not to trust Bitcoin because they want us to support banks. As we can see some Government are against bitcoin,  because Bitcoin is starting to envade other country's banks now. No matter what they say to destroy bitcoin's image. Its too late for then to turn our heads away from bitcoin now because we already proved that bitcoin is a good benefit. Government can't be able to do anything to stop Bitcoin's prevalence, bitcoin is unstoppable as it look forward to be the future Currency.

I think I will continue to believe you bitcoin, and I think the Chinese government is precisely the government in the world should not suppress bitcoin! As we all know, China is a strictly foreign exchange control country, and the RMB is facing considerable devaluation pressure. Ordinary people exchange only 50,000 US dollars per year amount, forcing many people to think of other tricks in the hands of the yuan into dollars. Among them, bitcoin is a very good way to trade the foreign exchange. Now many people mention that the first thing they should think about when trading large foreign exchange is through bitcoin. At first glance, this does indeed require a hole in exchange controls. However, carefully scrutinize the purpose of the central bank's foreign exchange controls. Actually, it does not mean that you will not allow you to change the U.S. dollar. Instead, you will not let you find it for the U.S. dollar and consume its foreign exchange reserves!
sr. member
Activity: 602
Merit: 327
Politeness: 1227: - 0 / +1
Government only says not to trust Bitcoin because they want us to support banks. As we can see some Government are against bitcoin,  because Bitcoin is starting to envade other country's banks now. No matter what they say to destroy bitcoin's image. Its too late for then to turn our heads away from bitcoin now because we already proved that bitcoin is a good benefit. Government can't be able to do anything to stop Bitcoin's prevalence, bitcoin is unstoppable as it look forward to be the future Currency.
newbie
Activity: 140
Merit: 0
I don't believe in the government's ban on bitcoin, I don't believe it, when the financial crisis comes, the government, the bank can't help you.

I only believe in bitcoin because it's safe. It won't depreciate because of inflation, and it has high investment value.
member
Activity: 602
Merit: 10
The main reason to believing on bitcoin is limited supply and its impossible to add supply even market demand increasing. The different with fiat money, central bank and goverment control their supply and always print money from a think air.
newbie
Activity: 27
Merit: 0
Yes I'll continue believing in Bitcoin when the government says not to because some of government officials are a stockholders of banks. Some banks says that we need to stop believing in bitcoin because that is risky or whatever that's not good for Bitcoin. For my opinion they only says that because if we will support and stay believing in bitcoin all of the banks will bankrupts. Banks that want to stop or to kill Bitcoin.
full member
Activity: 280
Merit: 100
The value in bitcoin is that it is decentralized and censorship-resistant. Thus, the fact that some governments are hostile to it is irrelevant. No one can stop bitcoin.
I agree with you. Government officials have nothing to do in Bitcoin. Thus, I will continue to believe in bitcoin even though the government says no.
you believe in btc because there are few countries ban btc now, if most countries in the world ban btc or announce btc is illegal, then little people will believe in, it all depands on which and how many countries say no
full member
Activity: 420
Merit: 102
The value in bitcoin is that it is decentralized and censorship-resistant. Thus, the fact that some governments are hostile to it is irrelevant. No one can stop bitcoin.
I agree with you. Government officials have nothing to do in Bitcoin. Thus, I will continue to believe in bitcoin even though the government says no.
sr. member
Activity: 854
Merit: 281
The value in bitcoin is that it is decentralized and censorship-resistant. Thus, the fact that some governments are hostile to it is irrelevant. No one can stop bitcoin.
member
Activity: 210
Merit: 10
Yes of course! government are bunch of people who are all corrupt especially when it comes to money. Bitcoin are involving with a big amount of money, millions and billions of it. I won't follow the government when it comes to bitcoin. They don't really care about people having big earnings and financial freedom from doing bitcoin. They also don't study what is bitcoin all about. They just want people to pay taxes and bitcoin don't have tax.
sr. member
Activity: 630
Merit: 250
After last years record of bitcoin, it came in the bright light an more and more people got introduced to cryptocurrencies in general. But after that the government officials and banks started to convince people to avoid indulging in the cryptocurrency world, be it any virtual currency.
A lot of banks have stopped purchase of any cryptocurrency through their cards and some trading sited have also warned users to withdraw all your money from trading and put a hault on any trading activity. They say as cryptocurrencies are highly volatile, one could go in great debt as reaching unprecedented heights is not promised to anyone.
What are the legit and massive reason one should truly keep believing in bitcoin and cryptocurrencies other than it being anonymous and it lets people have control over their money?!

I still believe in bitcoin and I really hope that the government will open their eyes to the new technology which will bring a new hope for every people in the world. maybe it still too far for us to see bitcoin is accepting in many countries but believe me, we still have much time to see this and bitcoin itself is still new and need to maintain and fixed if there is a problem. I think the government still learning about this technology and we could still use bitcoin until now.

We mean the users will believe bitcoin because we know how bitcoin will help to improve our financial system. but I think our governament will never open their eyes until they find out how to collect tax from BTC users. They will never entertain their people to use this technology because it will affect their country economy.
newbie
Activity: 240
Merit: 0
don't confuse warnings with full on opposition.

it is logical to give warnings about cryptocurrencies and encourage people to invest more responsibly. all the countries have already given such warnings because people have been getting reckless and were taking huge risks, for example using their credit cards and maxing them out to buy bitcoin.

but going against bitcoin, banning it,... and generally any FUD is a different story. it is not something you should follow. you should stop believing in your government if they do something like that, and maybe they need to be changed if they are setting laws that are against what you believe in...

Indeed the government wants us to be responsible in investing. The government just want us to be cautious in every dollar we invest because fraudulent schemes are just waiting for their victims. This is not only in the form of Bitcoin but even in fiat.

In the other hand, Banning bitcoin would mean the government and banks are threatened. With bitcoin, the banks are no longer needed because it is designed using a peer to peer transactions.
hero member
Activity: 1610
Merit: 507
After last years record of bitcoin, it came in the bright light an more and more people got introduced to cryptocurrencies in general. But after that the government officials and banks started to convince people to avoid indulging in the cryptocurrency world, be it any virtual currency.
A lot of banks have stopped purchase of any cryptocurrency through their cards and some trading sited have also warned users to withdraw all your money from trading and put a hault on any trading activity. They say as cryptocurrencies are highly volatile, one could go in great debt as reaching unprecedented heights is not promised to anyone.
What are the legit and massive reason one should truly keep believing in bitcoin and cryptocurrencies other than it being anonymous and it lets people have control over their money?!

I still believe in bitcoin and I really hope that the government will open their eyes to the new technology which will bring a new hope for every people in the world. maybe it still too far for us to see bitcoin is accepting in many countries but believe me, we still have much time to see this and bitcoin itself is still new and need to maintain and fixed if there is a problem. I think the government still learning about this technology and we could still use bitcoin until now.
copper member
Activity: 882
Merit: 110
With cryptocurrencies, if all merchants start to adopt these payment system, we could buy almost anything around the world with so much ease. Without the need to have a bank account. Without someone eyeing on you. This is the freedom that i want to believe in.
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