Topic: Do you really think U.S. government worries about drugs? - page 2. (Read 280 times)
U.S are supportive to cryptocurrency that’s why bitcoin is legal on their country. Its true that bitcoin can be use on illegal things like drugs and terrorism, it just like they want to prevent it. Bitcoin are being used actively in U.S actually a lot of investors are depending on the laws to support bitcoin coming from U.S. They benefit and earn alot from bitcoin thru taxes, regulations should clearly done for them.
United States government has always been against using bitcoin. What is the reason?
They say bitcoin is used for illegal transactions. What do they mean by illegal transaction? Do you think they mean buying and selling drugs?
They say bitcoin is used for illegal transactions. What do they mean by illegal transaction? Do you think they mean buying and selling drugs?
I disagree that US is always against Bitcoin, the wrong picture was created when they react on Libra, and by saying some thing about this project they also need to mention Bitcoin as most powerful cryptocurrency.
Maybe you're referring to recently statement given by Brad Sherman, US Congressman who is saying that Libra will be "tool for drug dealers" and that cryptocurrency should be prohibited as it only serve for illegal activities. Even though President Trump himself says something similar, I doubt they can stop cryptocurrency to continue to thrive and conquer more and more markets.
You should know that the US has the highest number of crypto ATMs in world, and that Coinbase is US company - so crypto is very strong in that country. US is just want to keep US dollar as main reserve currency, and they been losing in that field for some time. Anything what constitutes a threat to that goal including Bitcoin is susceptible to attack, and this also include China&Russia which are an obvious example how sanctions and trade war can be used to achieve their own goals.
Drug is something that is just a threat on paper, you can buy it same as firearm at every corner, and it is almost like a constitutional right in US.
They want to have some share of every current transaction this is how I see it, so when they cannot get it done, instead of other countries are making some profits on it they want it to be banned to stop the circulation on their country and somehow minimize some new investors that want to buy bitcoins.
But bitcoin is now the popular investment in the whole wide world even the volatility can be brutal sometimes the enthusiast's investors don't really dare about that. most of them believe in the 1 Million dollars price so even if they only have 1 bitcoin they continue to hold it.
But bitcoin is now the popular investment in the whole wide world even the volatility can be brutal sometimes the enthusiast's investors don't really dare about that. most of them believe in the 1 Million dollars price so even if they only have 1 bitcoin they continue to hold it.
United States government has always been against using bitcoin. What is the reason?
They say bitcoin is used for illegal transactions. What do they mean by illegal transaction? Do you think they mean buying and selling drugs?
I don't think they worry about this. We all know drugs are easily bought using fiat.
Not only US government is trying to stop drug selling but also other countries are doing their best to bring a solution. If those countries law makers think that bitcoin will increase drug dealings than i am not gonna agree with them. If you want to make a better change on this ground than obviously you have to follow proper way to get best results. Lets think there is no bitcoin in the world then how those drug dealers are continuing their transactions everyday. They are using mulitple payment option for their deals otherwise it was impossible to run their businesses. They say bitcoin is used for illegal transactions. What do they mean by illegal transaction? Do you think they mean buying and selling drugs?
I don't think they worry about this. We all know drugs are easily bought using fiat.
Its urgent to find the source of drug and destroy them first. Without reducing its production and import you will not be able to find a proper solution just by creating laws to freeze bitcoin transactions.
United States government has always been against using bitcoin. What is the reason?
They say bitcoin is used for illegal transactions. What do they mean by illegal transaction? Do you think they mean buying and selling drugs?
I don't think they worry about this. We all know drugs are easily bought using fiat.
United States want to control every transaction. United States imposes sanctions against every country they want. Bitcoin is decentralized and anonymous and people and other governments can use bitcoin without any permission by United States. That's why they are against bitcoin.
They say bitcoin is used for illegal transactions. What do they mean by illegal transaction? Do you think they mean buying and selling drugs?
I don't think they worry about this. We all know drugs are easily bought using fiat.
United States want to control every transaction. United States imposes sanctions against every country they want. Bitcoin is decentralized and anonymous and people and other governments can use bitcoin without any permission by United States. That's why they are against bitcoin.
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