Topic: Fear of bitcoin - page 10. (Read 1892 times)
I don't have any fear for btc because cryptos are our future (if btc fail then some other advanced coins will show up). Biggest problem are fudsters like professor Kenet Rogof (Hardward professor who claims that btc will drop to 100$ in the next ten years). He is only finding the bond of btc with money laundry and avoiding tax (overall illegal transactions). Universities need more intelligent people for sure.
For everyone else, as of 2015, banks are starting to fear bitcoin for the right reasons. Big consulting firms like KPMG, Accenture, and Deloitte have started scaring the banks with stories of Kodak, Polaroid, and the record industry, that the banks are starting to be very, very worried that their business model is obsolete.
Every government of the world are just concerned about their citizen. Buying Bitcoin is not undoable, or replayable just incase we made a mistake. Instead every people should be responsible enough to control their self in greediness when buying crypto. I feel so pity to those who borrow, put their houses to mortgages just to buy Bitcoin at $19k.
Why are some governments so keen to prove that bitcoin is dangerous. Recently, the Indian government sent notifications to the citizens that they should not invest in bitcoin.
Facebook is spread by scammers and uses bitcoin to scam them,
so be it bitcoin for someone else's work.
so be it bitcoin for someone else's work.
we are not afraid of this bitcoin that helps us,but I'm also afraid of bitcoin here, especially those scams would not have been there anymore if it was so frightening.
Why are some governments so keen to prove that bitcoin is dangerous. Recently, the Indian government sent notifications to the citizens that they should not invest in bitcoin.
Because government got used to control financial system and it is normal. Bitcoin and other cryptocurrencies for the first time created a situation when it's impossible to control all operations. Nowadays it is a huge sector of economy with enormous capitalization and it's still not under control
Bitcoin is a digital crypto currency. The whole world has accepted Bitcoin Without some countries. All countries are moving forward in using Bitcoin and their economic growth is going on.
Some countries are getting frightened using Bitcoin. My own opinion is that this is their misconception and it's their wrong decision.
Some countries are getting frightened using Bitcoin. My own opinion is that this is their misconception and it's their wrong decision.
Many government in different country banned bitcoin, and also many country accepted bitcoin in different selling platform. When i didnt know about bitcoin i thought it is a scam and illegal. But now im here and earning and hasnt fear of it. It must explain bitcoin properly so they can understand.
Why are some governments so keen to prove that bitcoin is dangerous. Recently, the Indian government sent notifications to the citizens that they should not invest in bitcoin.
The thing is that bitcoin is a decentralized crypto currency. Bitcoin can not be controlled and monitored by the state, so they are against it.
Because of scammers that initiate that gathers groups of people to invest but just runs away with their money. These people give cryptocurrency a bad name. You don't have to gather a lot of people for it since you can just invest yourself. Too bad it's a domino effect.
Why are some governments so keen to prove that bitcoin is dangerous. Recently, the Indian government sent notifications to the citizens that they should not invest in bitcoin.
That’s because to implement the ban of bitcoin they have to ensure that they tie up the loose ends and one of the things they have to do that is to ensure that the citizenry that they have moreover the people of the country they are governing yields and understoods their regulations. tHat is why they are sending that notification as a reminder to their public that cryptocurrency is unlawful in their borders and that is a crime against them thus reinfocring the ban of bitcoin to them
Why are some governments so keen to prove that bitcoin is dangerous. Recently, the Indian government sent notifications to the citizens that they should not invest in bitcoin.
Well my fear in bitcoin is stopping this wonderful oppurtunity and scam my joining campaign so that my fear im bitcoin, but bitcoin is my greatest and help oppurtunity Why are some governments so keen to prove that bitcoin is dangerous. Recently, the Indian government sent notifications to the citizens that they should not invest in bitcoin.
Some government are afraid that bitcoin will ruin there their countries regulation. Bitcoin claims that “It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen.” That lack of central authority is the primary reason governments are afraid of the cryptocurrency.
Government also afraid that they will use bitcoin in crime. Drug trafficking, prostitution, terrorism, money laundering, tax evasion and other illegal and subversive activity all benefit from the ability to move money in untraceable ways. But if government will only understand the ways of bitcoin trader and understand more for sure all their worries have solutions.
Some government think bitcoin is scheme or illegal, because bitcoin is decentralized and they don't have power to control it. The government fear that people will no longer patronize their own currency and start to evade taxes since bitcoin is tax free. That's why some country banned it.
Bitcoin is very changing the lives of people and even more so can change all the usual economic way of the state. Moreover, bitcoin cannot be controlled by the government, and the state cannot afford it because of security. I understand this fear of bitcoin that way.
Bitcoin can change the life of different people for better or for worst, cryptocurrency can be used by anyone just like terrorist but then, they should not ban bitcoins because it is helping people a lot to sustain their daily needs.
Why are some governments so keen to prove that bitcoin is dangerous. Recently, the Indian government sent notifications to the citizens that they should not invest in bitcoin.
Other countries fear. Because they fear that one day, no one will invest in their country. They are afraid that one day the investors will be down in their country. Bitcoin is very changing the lives of people and even more so can change all the usual economic way of the state. Moreover, bitcoin cannot be controlled by the government, and the state cannot afford it because of security. I understand this fear of bitcoin that way.
Fear and love have no effect. We are afraid of bitcoin because it has no control. It will fall below our bottom line at any time. But love of bitcoin can solve a lot of our troubles, at least for the most part. The government is just trying to protect its people from being scammed. In some countries despite the warnings from the government to citizens not to invest in Ponzi they went ahead to invest which many people later regretted their action, so the government is afraid that its people may be scammed as a result they are protecting the interest of her people.
Bitcoin is not a scam and governments are just corrupted that's why they are banning cryptocurrencies in other countries, another thing is that, government is also afraid of losing people to work on their companies.
Many countries are afraid of bitcoin maybe it is because of their lack of knowledge about it and also the capability of their technology to handle such cryptocurrencies like bitcoin. We all know that bitcoin is very powerful and it can rule a certain country and without proper knowledge and capability to handle bitcoin, it may also lead to different glitches in a country's currency field. There should be an advanced technology for a country so that they can mobilize the flow of bitcoin and they can make different transactions smooth.
if I'm not afraid gan. precisely I am happy with the presence of bitcoin so I can invest in bitcoin .
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