Fear of bitcoin - page 27. | Bitcointalksearch.org

zenrol28

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Quote from: projectshivom on December 30, 2017, 06:30:29 AM

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.

If that's true, well the people still have their choice if they'll invest in bitcoin despite of the high risk involved. Since some governments still don't know how to deal with cryptocurrency, they're giving warnings regarding investment with bitcoin. Until they come up with a bill pertaining to cryptocurrency regulations.

BitcoinHodler

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HODLing is an art, not just a word...

because bitcoin being decentralized and out of their reach and control is ruining all of the plans that they had been running. bitcoin is giving the people an option to get out of the control of the government and the evil banking system of India and they don't want to let it happen.

and the funny thing is that the more they talk negative about bitcoin and increase their threats, the more people go and invest in bitcoin in India. if you check the price of bitcoin there you can see it is ridiculously higher. the other day it nearly reached $20,000

soon we will have bitcoin whales coming from India alone.

felipe04

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This is money so you can control everything if you have money you can use money to have power,i think also they banned bitcoin in their country because it's not good in their economy like in china that leave crypto this year and it's give crypto so much impact in price like it down by 20%,we know china in good to do a business so think why they leave crypto because they can't earn here in crypto that's all.

Shu1llerr

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bad my head))) I just forgot. if specifically about India, then they have a lot of стразов about money population. if you know, it is in India a lot of cash that are not subject to taxes. a lot forged money. and I think the government of India very scared that money turnover quite will come out of their control. therefore complicate the situation in the country.

Quote from: projectshivom on December 30, 2017, 06:30:29 AM

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.

Tambu

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Quote from: projectshivom on December 30, 2017, 06:30:29 AM

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 doesn’t poses danger but the market of it does.
It’s a work of a government to discredit the bitcoin to protect it economy.
Can you imagine if the population turn to bitcoin, the national currency will be affected since the bitcoin is a dollar market. And its market place is the world. You can trade wherever you are.
This a big lost of taxes anyway.

Shu1llerr

newbie

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because each government shave two things. the first - the absence of opportunities to regulate money turnover. this is a problem for the state, money Institute of one of the most important for the formation of cash relationships within the state. the second - fear the use of technology blockchain. this is a real danger, because many things in the state will be without fraud. possibility of corruption - is that what are in the power of

Hellobx

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The Experience Layer of the Decentralized Internet

Because they think it's a ponzi scheme, or that it might affect their country's economic development, many countries have banned bitcoin trading, but it's a silly idea.

Kryptcoin

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They fear bitcoin because it is a threat to the banking system. BTW, Bitcoin is not for the feint of heart.

projectshivom

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A New Era in Genomics

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.

Topic: Fear of bitcoin - page 27. (Read 1892 times)