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 this is because the government does not want to lose control over the financial sphere. And bitcoin in this regard is very dangerous, because it is decentralized. It can not be fully controlled, and even the ban can not destroy it. Therefore, the governments of states have every reason to not like bitcoin. 
Topic: Fear of bitcoin - page 8. (Read 1892 times)
Governments don't like bitcoin because it is something they can not control and something they can not ask taxes for it. This is the only reason they are afraid of it
the government afraid if their people use bitcoin as their saving, and make all transaction with bitcoin, so maybe the government afraid of the criminal in this country, and i think for make sure that the citizen is free from scamming in some untrusted website in bitcoin world
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 they envy the success of bitcoin. All the rulers want to promote their national currency, and bitcoin hinders them in this.
Only those who are not knowledgeable about Bitcoin should be afraid of it. Bitcoins are rapidly changing and no one manages to make them feel insecure about bitcoin. But for me, bitcoin is like my daily work. bitcoin is my life. bitcoin help me get rich. I love the bitcoin.
It's good that you are one of a person who truly loves bitcoin. Those who have fears on bitcoin for the reasons of price fluctuates, they may instant lose their money with the dump price. People should understand bitcoin on how it works how people can earned. Before they will invest, they must know bitcoin first. 
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.
There may be a reason for local governments to prohibit people investing in bitcoins, sometimes despite being banned, many are still investing their money on bitcoin, but suppose the government forbids the use of bitcoin, I think there should be a good reason.
fear of bitcoin, because the threat in many of banks in this world because of the digital banking and bitcoin, has a first decentralized peer to peer network payment and the government has a fear because of digital currency they do not have a tax.
Only those who are not knowledgeable about Bitcoin should be afraid of it. Bitcoins are rapidly changing and no one manages to make them feel insecure about bitcoin. But for me, bitcoin is like my daily work. bitcoin is my life. bitcoin help me get rich. I love the bitcoin.
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 dont fully trust social medias especially tradng moneys online because all of us know that its very dangerous trading money online so be careful when trading bitcoin you might get scammed 
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 is because they see bitcoin as a big threat for the physical money which banks had.It is because bitcoin creates and gives much more opportunities for the individuals, than the banks.Maybe it makes them feel that it coule be a reason for the people to choose bitcoin and not for banks.
Decentralization - the issue and turnover of bitcoins is not controlled by one organization, but the crypto currency system itself, which is located on millions of computers around the world.
About 5 minutes is needed in order to create a bitcoin wallet, which will be ready for immediate use. You will not have to ask anything, you do not have to pay a penny. Anonymity and transparency.
Governments are threatened by the success of bitcoin and some consider it a threat to economic development. Their inability to regulate and tax bitcoin makes it even more difficult for countries to embrace its use.
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.
I think it is the fear of being scammed because nowadays people becoming more greedy that's why the number of scammers are getting high as well as the number of afraid bitcoin users. And it is not bitcoin we are talking about. It is the earnings of users thats why we can blame other if there's fear in their mind.
You can always try to ask reliable traders here in this forum in order for you to get a good advice on what coin you should invest in order for you to get profit quickly within just a week or months. We can also be afraid of bitcoins if we invest a huge amount of money then the value drastically decreased but in that time we should hold our coins longer in order not to lose more of your investments and that's how you will learn your own strategy in the market to earn more profit.
they think so much or so little .don't have any idea so they ban
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.
I think it is the fear of being scammed because nowadays people becoming more greedy that's why the number of scammers are getting high as well as the number of afraid bitcoin users. And it is not bitcoin we are talking about. It is the earnings of users thats why we can blame other if there's fear in their mind.
Bitcoin usage is increasing day by day. Many people of the country are being able to become complacent with the use of bitcoin. But in some countries this ban is forbidden. But what is the main reason? If there is a possibility of improving the lives of the country, why can not the country's development be possible? Maybe?
Go through this one.I think the main fear about Bitcoin is it's acceptance.
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 have big impact on monetary system, especially on banking system. so, before they (the governments) have a solution for this threats, or they found the advantage of bitcoin for the monetary system, bitcoin will always considered as threat.
Well if they had good reasons why we dont invest bitcoin then ill follow them but if the reasons they given is just some common bitcoin disadvantages or a false news then why bother listening to the government? If you new that bitcoin is a good thing to invest then dont listen to the other people who's negativity is always present.
because governments want to monopolize their own currency. In my opinion, the government forbids cryptocurrency just for the sake of their own interests
Jump to: