Topic: Fear of bitcoin - page 14. (Read 1894 times)
To me the more fear about Bitcoin is it's value. The price of bitcion is not stable. So today it may have 16000$ but who knows tommorow it may be 1600$ . It's value increase or decrease such a rate that it is not possible to tell the value of next day. Again in some countries or rather in many countries Bitcoin is forbidden. You may earn Bitcoin but you must convert it to dollar. In total to me this are the main bindings in Bitcoin. Also it's hard to convert Bitcoin to flat maone sometimes.
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 Bitcoin has a high level of evaporation, it can reach many zeros, but it can also become zero at any time. Many criminals use it as an economical source of criminal activity, making it more difficult for states to fight crime and terrorism. 
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.
Mainly, bitcoin has been tackled this way to some countries not just India, thus, JAPAN IS THE SOURCE! the source of successful crypto's! We can see that japan has been very productive to these kind of stuffs and there no way to guess that bitcoin is dangerous! I guess its danger to the people whos got their minds closed to these kind of internet banking. their issue is the trust and security.
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.
I think the Government in some countries is afraid of Bitcoin for fear that Bitcoin is deceiving the people who use it. The government does not want to take a greater risk. So to prevent it all the Government finally forbid. Sometimes I do not understand why the Government thinks like this, whereas what we feel Bitcoin very profitable. 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.
It's just a politics. If bitcoin is not rumored to be a negative thing, it is likely that many people will invest or store their wealth in bitcoin, and that it will threaten banks or local investments in the country.
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 existence of bitcoin is prohibited in a country there must be a strong and clear reason for the government to protect its citizens from something negativ, but I do not think we should be afraid of bitcoin when we use bitcoin with positive things that I think will be okay, as long as it does not harm the local government , or violate the rules.
Fear comes from the unknown. Nowdays people start to talk about btc and crypto in general but only get media type of info. Wich in most cases is negative....
Its a duty for us to promote crypto in a good way. As a way of payment not only a way of beeing like cowboys of stock markets.
Its a duty for us to promote crypto in a good way. As a way of payment not only a way of beeing like cowboys of stock markets.
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.
Probably a lot of negative news about bitcoin, for example, is used as an illegal transaction or a means for crime, because we know by ourselves that bitcoin is not bound by any country, and anyone can be involved in bitcoin world. As a bitcoiner, of course I am disappointed with the actions of some countries that prohibit the circulation of bitcoin, at least they can see the positive side, that bitcoin has good prospects for a country's economic growth.
They are just FUD to keep the market low so they can go in to bitcoin and profit. Or, they can be legit and really wanted to protect their people from being scammed. Either way, it's quite normal.
now there is a huge amount of earnings on the crypto currency. Who earns how? Share your experience
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.
Indian government is just a concern to their citizens because they don't want them to lose a huge amount of money just because of investing. The reason they come up with that perception was because of the sudden drop-in value of bitcoin. Bitcoin isn't dangerous, it's the method or process that people did. The government of India only warns their citizen for the sake of an individual, but the decision is up to them.But if you look at how countries which is anti bitcoin or crypto's like China, for them it if so disruptive but on the other hand, if they would just look at it, their citizens are the one benefiting from the crypto boom, its either to made tons of money or lost a lot.
So for me, its really up to us, how we handle our investments and no government should interfere with that. If we lost, then so be if, we didn't done our homework and research. Its all our fault. I don't like government interfering, and saying that they are going to protect their citizens. Its total bullshit. They are just using it as an excuse to really curb out crypto.
For many here bitcoin and other cryptocurrencies are very well known fact but for huge number of people this is still completely new technology and something they have never faced before.
And the well known thing is that people always fear new things they don't have any exeprience with. Many still think this is some kind of scam scheeme that will not last long and they don't believe it has future.
The reason for that is lack of eduaction and information about bitcoin and that should be improved then also the attitude toward bitcoin will change.
Some also fear because bitcoin isn't regulated in majority of countries so people think that with dealing with bitcoin they will performe something illegal.
And the well known thing is that people always fear new things they don't have any exeprience with. Many still think this is some kind of scam scheeme that will not last long and they don't believe it has future.
The reason for that is lack of eduaction and information about bitcoin and that should be improved then also the attitude toward bitcoin will change.
Some also fear because bitcoin isn't regulated in majority of countries so people think that with dealing with bitcoin they will performe something illegal.
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.
Governments have no control over bitcoin, so they cannot say to their citizens that it is safe, and government will be able to protect them in case of anything.
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.
I think some governments around the world are afraid of bitcoin because they fear that their people are harmed by crypto currency. during this time crypto currency often experience up and down, what else at the beginning of this year bitcoin has a very drastic price decline so that many investors are harmed.
Ofc every government is scared cuz of bitcoin, just think how many ppl knows about btc at the moment plus as I can see btc is growing up and looking at the money which we are using every day are dropping
There is nothing in this world which you can get without taking risk in your lives. You have to think out of the box and plan the things, only then you will be able to stand out of the crowd and can then manage to make some good amount of money as well. Investing in bitcoin is no doubt risky thing to do but the profit which you can then have by taking this risk is very much huge. So you need to go for it. 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.
Bitcoin is freedom and it's a threaten to all goverment because they want to put everything under their controls so it's normal when they want to keep their residents away from it. 
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.
We have been living on an economic-politic system based on slavery from the last 3000 years. India is one of the most important producers of cheap-workers. The money is based on a global system, and, in short, it is in the hands of a few.
But, what happens if suddenly a new kind of money rises and it is in the hands of the people??
Precisely that: they are those who are used to have control of the money, they have lived sooo nicely from the last decades, even centuries. Now, people have created one money system they cannot control. And, maybe, a new kind of richness they cannot control.
The world is changing. Those who don't want to change their status in the pyramid, of course, are scared.
And they should.
because of the fact that btc does not work then btc is still in the market because we are tired and we go to the pc or laptop to earn money they are afraid they may not notice so they make a way to discredit btc
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.
Government only warned us not to invest bitcoin maybe because some countries bitcoin is not yet legalized or approved to be their legal currency but i think it's just normal to warned us by our government because it is their responsibilty to protect the people in any form like Scam or loosing their money from investing in wrong investment.But it's up to us if we stop using or investing bitcoin or not.
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.
Maybe just because bitcoin is a cryptocurrency it means it is volatile . The value may rise to the peak and suddenly it go down to the bottom . Maybe just a to warning to be careful especially if you are just investing to a person or group of people maybe they will scam you. Bitcoin has its name alreadg and the price maybe ups and downs but bitcoin for sure is a good investment. Just don't invest anything you can't affors to lose.
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