Goverments to go AGAINST Bitcoin - page 2.

GeorgeEden

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Patience and knowledge are gold.

Quote from: rog1121 on January 03, 2018, 03:21:07 AM

Quote from: hujanderas on November 27, 2017, 11:38:49 PM

the government may be heading to block Bitcoin given the loss of tax regulations, a threat to governmental negligence against the country. bitcoin can not be detected because decentralization and state laws and regulations can be affected.
Because every technology has its pros and cons, different countries may face the challenge of making it legal so they can deal with it.

There are many reason, but I think the reason is simple. People that are making investment and making trade in bitcoin are free of the government while other people are paying their tax to government which are making trade in fait money and making investment in fait money.

Yeah i guess there are pros and cons tho they cant fight bitcoin or blockchain more specific so they will have to go with the flow of the river so i guess they will just get along with it as we all did.

rog1121

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Quote from: hujanderas on November 27, 2017, 11:38:49 PM

the government may be heading to block Bitcoin given the loss of tax regulations, a threat to governmental negligence against the country. bitcoin can not be detected because decentralization and state laws and regulations can be affected.
Because every technology has its pros and cons, different countries may face the challenge of making it legal so they can deal with it.

There are many reason, but I think the reason is simple. People that are making investment and making trade in bitcoin are free of the government while other people are paying their tax to government which are making trade in fait money and making investment in fait money.

leopard2

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Quote from: RomanPetrush on December 25, 2017, 09:23:32 AM

The government will find the way how to control the crypto by the exchanges. European Union already made the decision that all the EU exchanges should open the list of their clients to the government, that means, you trully can hide yourself.

That is true. Buying from an exchange, while leaving personal information that can be traced back to you, means that you just borrow BTC instead of owning them.

Same is true for gold of course.

Government filth has never hesitated to steal from people to finance their evil, lazy asses. It has been like this for millenia...

missyqt29

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Quote from: GeorgeEden on November 24, 2017, 01:09:25 PM

Is there any chance goverments to go against bitcoin if they see its something against them??

This issue is becoming more real as there are some limitations that one government can do to implement againts the use of bitcoin or any other cryptocurrency. There are unfortunately some news out there that says cryptocurrencies increased the online criminality rate. The government found it with great concern that it can banned establishments in the country to stop accepting bitcoin.

kokoko77

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I think the government will be against bitcoin. If it used in criminal ways, governments will need to block it. But BTC clean from to crime then governments will not go against bitcoin.

chidrawarster

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Let me inform that every country has got their own vision, own regulations and own challenges to make BTC legal, There are so many factors to be considered before legalizing the coin and bring on the usage in the economy as well. Pros and cons will also be seen and negotiated well before taking any big decision and proceeding to make it legal. Presently , because of its decentralized nature, many are scared to even go with it . But i see BTC is such a thing which can change the economy of a country if legalized.

sharted

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Bitcoin is the money laundering,many had get double or triple of money from this bitcoin.To get so you need to do some investing in bitcoin.It may be of any ratio,you can buy any ratio of bitcoin.Based on the ratio you inverse in bitcoin,that much profit you will return to your pocket.So try to inverse of maximum percentage in bitcoin to get huge profit.

Nevis

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Yes. They can go against it if they want to or if the situation arises and they need to take action.
Bitcoin is like an enemy to a country. It disturbs their economic balance and the more people who use it, the more likely it will go out of control in government perspectives. Also, there's a thing about its security being anonymous, leading to more and more people doing illegal transactions easily with the use of this digital currency. Other countries solution was to make the use of bitcoin illegal or restricted. This is their way of taking control the overall happenings in their country.

But I have heard that many countries are starting to accept and embrace bitcoin.
Anyways, I am just glad that our country is still not taking actions involving cryptocurrencies.

Timeme

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Because some government money laundering and the problem of inflation have to prohibit the currency, this is normal, but the government of a country is completely limited currency, history there have been a stupid country: China.

Indrawan77

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Yeah, I think it is possible that government going to against bitcoin, because bitcoin does not give any advantage for them, no income tax and more money laundry, if the government don't have any solutions to those matters then the best option they got is to go against bitcoin and the easiest way is ban bitcoin, if the government see the whole picture then bitcoin could be something useful on the future

RomanPetrush

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The government will find the way how to control the crypto by the exchanges. European Union already made the decision that all the EU exchanges should open the list of their clients to the government, that means, you trully can hide yourself.

Dmitry.Vastov

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Although bitcoin is a good advance thing but it also has some disadvantage and other issues due to which it is declared as illegal in some counties. Bitcoin is world first Decentralized digital currency that means it doesn't under control of government and it is one kind of digital money so people who earn bitcoin doesn't pay tax to the government. So its effects more or less a country economy. Many illegal money transaction done by bitcoin and these transaction can't be trace because of bitcoin policy. Due this many other criminal activities done. So above these makes government disinterested at bitcoin and go against it.

iamlds08

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Quote from: GeorgeEden on November 24, 2017, 01:09:25 PM

Is there any chance goverments to go against bitcoin if they see its something against them??

as what is happening, government and countries are now embracing the power of blockchain like venezuela and israel.

sheryl26

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Quote from: GeorgeEden on November 24, 2017, 01:09:25 PM

Is there any chance goverments to go against bitcoin if they see its something against them??

Yes there are as a matter of fact there are a government that banned bitcoins because they are against it. And that government js of course the Chinese governmenti do not know the exact reasons why do they banned bitcoins but of course the main reason of it is they do not want it and in order to stop it they need to banned it to prevent their prime but look what happen after that, the bitcoins still rises even if the chinese are not there it means that even if the government tries to ban it, it depends to the poeple if that would be destroyed.

Juzion

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no problem if they go against it. But its transaction may get harder like in initial days [2013]... Wink

Sorliand

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Quote from: GeorgeEden on November 24, 2017, 01:09:25 PM

Is there any chance goverments to go against bitcoin if they see its something against them??

some government only be silent againest bitcoin and others against it like russia

in future all governments will be against bitcoin after that all will accept it

Btcjunpitz18

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Quote from: Rafiqul on December 25, 2017, 12:31:41 AM

Bitcoin is a decentralized currency. Any goverments can not control it. Goverments always want to control on money circulation. If they do not control money circulation they will lose tax. So i think goverments are not ready to like bitcoin for now.

Yeah you are right, the government can not control bitcoin or against it because we all know the people is behind bitcoin. Think of it, people having taxed from the goods that they have buy and the money is came from bitcoin. Bitcoin is helping people for earning digital money.

Rafiqul

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www.cd3d.app

Bitcoin is a decentralized currency. Any goverments can not control it. Goverments always want to control on money circulation. If they do not control money circulation they will lose tax. So i think goverments are not ready to like bitcoin for now.

Wyne

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Quote from: GeorgeEden on November 24, 2017, 01:09:25 PM

Is there any chance goverments to go against bitcoin if they see its something against them??

Technology has a pros and cons. The government may love it or go against it. There are chances that the government will go against bitcoin because of the following reasons: (1) It can be an investment place for money laundering or corruptions of public officials (2) earnings gain from bitcoin investment do not have tax (3) government cannot control the bitcoin currency and its market value. On the other hand, The government will love it because of the chance of additional income it gives to its people.

bitcoindoor

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Any form of currency that isn't issued by the 'status quo' its an enemy, Therefor, will be vilified, sabotaged or right out banned. Lots of people think that turn in off the internet is the only option but here is a simpler one; They can just prohibit banks from sending or receiving money that interacts with cryptocurrencies. A bit of draconian measure but quite an option.

Topic: Goverments to go AGAINST Bitcoin - page 2. (Read 3207 times)