A high percentage to go against it and it is already happening.
Banning them in their countries which i dont know what deeper reasons could there be.
Keeping our privacy is what we aee dealing here and they dont want that. Government ID's and other registration stuffs proves it.
They want to tax you to every income you will get and if they cannot get anything from you then you can go to jail.
Topic: Goverments to go AGAINST Bitcoin - page 14. (Read 3232 times)
Is there any chance goverments to go against bitcoin if they see its something against them??
This is not just possible, but inevitable in countries with autocratic governments. Governments which have total control, with no time for niceties such as freedom of the people, will hate being unable to control Bitcoin. At some point, they will begin a crackdown.
Is there any chance goverments to go against bitcoin if they see its something against them??
I dont think governments really want to go against bitcoin, maybe only if they would want to create their own cryptocurrency so they would have to destroy bitcoin or get it to a low price. But this would be pretty hard for them because it is not easy to create a good cryptocurrency that has more advantages than bitcoin and also it is hard to take down bitcoin.Governments can apply taxes for persons who use bitcoin and wouldn't have to worry about creating another cryptocurrency and also taking care of bitcoin. By doing this they would get a pretty big profit because thousands of people use bitcoin and they would all pay taxes.
If they would really want of course they can destroy bitcoin becauss governments have all the power and they can do anything. A simple official law from a single big government like China would be enough to take bitcoin price to half of its value. Think if all governments would accept this law. Then bitcoin would have no value.
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)
Government will definitely fight Bicoin because of the decentralized nature of Bitcoin. Anything that the government will not control they will fight against it. Government are losing taxes in all the transaction that involves bitcoin and they do not like it.
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.
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
Some countries governments may go AGAINST Bitcoin considering the loss of taxation, threat to the governance loosing hold on the country.
May be criminal activities using bitcoins can not be detected due to decentralisation and a law and order of the countries can be affected.
Since every technology has pros and cons like that way different countries may face different challenges to make it legal so can go against it.
May be criminal activities using bitcoins can not be detected due to decentralisation and a law and order of the countries can be affected.
Since every technology has pros and cons like that way different countries may face different challenges to make it legal so can go against it.
So if a goverment goes against bitcoin in a specific play and some1 uses it that means he might face the justice right?
Some countries governments may go AGAINST Bitcoin considering the loss of taxation, threat to the governance loosing hold on the country.
May be criminal activities using bitcoins can not be detected due to decentralisation and a law and order of the countries can be affected.
Since every technology has pros and cons like that way different countries may face different challenges to make it legal so can go against it.
May be criminal activities using bitcoins can not be detected due to decentralisation and a law and order of the countries can be affected.
Since every technology has pros and cons like that way different countries may face different challenges to make it legal so can go against it.
Is there any chance goverments to go against bitcoin if they see its something against them??
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