Topic: Goverments to go AGAINST Bitcoin - page 12. (Read 3212 times)
Being of a decentralized bitcoin no bodies behind this that you can blame, so maybe there's a point that government trying to against bitcoin but they nothing to do just to accept. Besides bitcoin help people to support their financial problem and also help the economical growth of our country. Lately here our country announced by our local media on august 21,2017 that bitcoin recognized and regulate by our central bank virtual currency exchanges.
There's a chance of course, but most governments probably don't honestly care as long as they can collect whatever taxes they want when bitcoin/altcoins are transferred to fiat. At the worst, I feel that they might try to somehow tax bitcoins/altcoins.
Governments can't do much to stop cryptocurrencies at the moment. In most western countries there would be massive protests and the people would not allow it.
They will not ban it, they will regulate it to make it safe (and taxable
)
They will not ban it, they will regulate it to make it safe (and taxable
) 
Is there any chance goverments to go against bitcoin if they see its something against them??
Most likely yes! Government will not support bitcoin directly because it is against their centralization policy. Government wants to control every kind of money circulation in their country. However, bitcoin is against that idea of centralization. So this is against the government policy. Bitcoin circulation can't be controlled by any government which is again against their idea. So it is least likely a government will support bitcoin. Not every government is progressive like Japan.
Now that im thinking about that. What about drug lords? Its something against them. If like in 20-30 years Printed money are not existed. And everything is digital. Then i guess they wont be able to exchange drugs and money. The only they gonna do it its like ex change based on value. like 1kg cocaine for a car.(example)
Is there any chance goverments to go against bitcoin if they see its something against them??
Governments certainly can go against bitcoin and can ban exchanges from accepting fiat currency to but BTC or other altcoins. A lot of countries are coming around to making bitcoin legal though. Depending on what country you are in it varies greatly.
China seems to ban and unban bitcoin a lot, which i think is very comical. They can't exactly ban someone from it if that person is using a VPN and goes around firewalls. It would be really hard for an exchange to operate legally though in many countries, as the burden is very great on licensing.
Yes governments can go against bitcoin in fact right now mang of them are in that position they just can't go over because of the increasing demand in bitcoin and tge fact that there are some countries supporting bitcoin. Another thing is that I think government are still looking for the solutions so they can take the control over bitcoin transactions within their area covered which is up to this time is unresolved but just in case surely government if they can't control bitcoin they may probably banned it
Of course governments are going to go against Bitcoin. It goes against everything the powers that be have built. Sure there are a majority of people that aren't part of what really goes on behind the scenes and they have families so eventually you will see people start to leave the old system and enter the new system which is much safer and built on a universally immutable ledger.
Not all governments are getting hated to bitcoin, in fact they just push their people to be a part of this largest and fastest growing investment just like in Japan, Vietnam. Though some countries are keep silent towards on this but I think they are just supporting this because bitcoin is really a big help for their people in terms of financial. And they realized also that bitcoin will have a huge potential to help their economy and it will make a big changes in our life as we go through it.
Is there any chance goverments to go against bitcoin if they see its something against them??
Government will not allow to use bitcoin because it is decentralized and they cannot use their power to control the transaction of bitcoin.
Governments are already trying to find ways to tax bitcoins, so you can say this is already happening.
Try yes and try a lot of governments already put bans on bitcoin because of this. They realize it is a very threat to the establishment they have reign over and this worries governments. Rightfully so bitcoin is a revolution it
will go on with or without them, but I love to see the governments squirm in their pants hehe.
[/quote]
If they go against bitcoin and succeed to end it. That means blockchain is gona end too?
will go on with or without them, but I love to see the governments squirm in their pants hehe.
[/quote]
If they go against bitcoin and succeed to end it. That means blockchain is gona end too?
Is there any chance goverments to go against bitcoin if they see its something against them??
Try yes and try a lot of governments already put bans on bitcoin because of this. They realize it is a very threat to the establishment they have reign over and this worries governments. Rightfully so bitcoin is a revolution it
will go on with or without them, but I love to see the governments squirm in their pants hehe.
Goverments are against bitcoin already
I think the government will not against bitcoin
even, there is the possibility of the government to support it, because if they resist, they have a narrow mindset
Bitcoin change people economy while government can't
even, there is the possibility of the government to support it, because if they resist, they have a narrow mindset
Bitcoin change people economy while government can't
But government has the final decision to ban bitcoin if they want and people can't do anything about it. So Yes, government can go against bitcoin if they want to. But there's always two opposing side, there will be government that will totally put the hammer ban while there are nation which are bitcoin friendly like Japan. We can't blame though those nations that will go against bitcoin, they not just have a narrow mindset, but they don't understand what's the effect of bitcoin to their community. All they know is that bitcoin is being used for illegal activity. Bitcoin has a lot of positive things that can really bring good results to their economy.
Governments are not going to go against Bitcoin. Well, maybe BTC yes, however they will not go against cryptocurrencies. Instead they will embrace crypto and try to centralize it so they can tax their citizens.
If you can make billions of dollars with a new thing, You don't need to go against it, How many of normal individuals are benefiting from bitcoin and other crypto currencies? If we are free to trade and mine these coins and to earn money, Do you think governments would sit aside and let us have everything? This is now a battle between countries, More bitcoin they have and hold, More money they can make.
Well my thought was if goverments see that its ruining their system and its something against their rich well, I dont think they gonna let it pass easy.
If you can make billions of dollars with a new thing, You don't need to go against it, How many of normal individuals are benefiting from bitcoin and other crypto currencies? If we are free to trade and mine these coins and to earn money, Do you think governments would sit aside and let us have everything? This is now a battle between countries, More bitcoin they have and hold, More money they can make.
Whatever happens, I do not think banks like crypto's, and since banks are closely related to the fovernments, it's still complicated for states to accept openly and without regulating cryptos, no? 
[/quote]
Well im really curius how they gona react when they see that crypto its making them lose money.
[/quote]
Well im really curius how they gona react when they see that crypto its making them lose money.
Is there any chance goverments to go against bitcoin if they see its something against them??
Whatever happens, I do not think banks like crypto's, and since banks are closely related to the fovernments, it's still complicated for states to accept openly and without regulating cryptos, no?
In order for the government to go against Bitcoin they will have to ban the whole internet of the country. There are already countries who banned bitcoin other than china, so this is just a normal event on the cryptocurrency world. Also there are some countries already who trusted bitcoin and make it one of their currency, and one of them is Japan, so rest assured, bitcoin will still live and will keeping booming as always and will sooner lead to revolutionary period throughout the world industry. Other factors the government can use to go against BTC is to Ban mining, ICO, Ban exchanges
etc.
etc.
Maybe it can be possible if you're living in a communist country but if you're not and your in a democratic country, the government will give you freedom with bitcoin to have your independent ways of earning money. I believed that in a country with wide acceptance of bitcoin it will make their economy progressive.
Jump to: