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Topic: Goverments to go AGAINST Bitcoin - page 3. (Read 3207 times)

jr. member
Activity: 196
Merit: 1
December 25, 2017, 12:21:28 AM
Is there any chance goverments to go against bitcoin if they see its something against them??

Come to think of it, there is definitely a chance that the government could do that. As for the reason om why they'd do that, I could not think of any yet. Still, that doesn't guarantee that they might dp that in the future because we all know that the governments all over the world are kind of secretive and we can't actually predict when will it happen.
as long as there is nothing wrong to have this currency i think that government will never do that cause we all know that this is really helpful so why they gonna do that thing for. if this may happen i think it may depends on the country that everyone of us live for.


Probably, the government will go against bitcoin due to the reason of taxes. Aside taxes from the people, the government will find a way to how to earn taxes from digital money. For now, maybe the government is eyeing for what bitcoin can do for there people and the economy.
hero member
Activity: 1302
Merit: 577
avatar and signature space for rent !!!
December 25, 2017, 12:12:19 AM
Is there any chance goverments to go against bitcoin if they see its something against them??

Come to think of it, there is definitely a chance that the government could do that. As for the reason om why they'd do that, I could not think of any yet. Still, that doesn't guarantee that they might dp that in the future because we all know that the governments all over the world are kind of secretive and we can't actually predict when will it happen.
as long as there is nothing wrong to have this currency i think that government will never do that cause we all know that this is really helpful so why they gonna do that thing for. if this may happen i think it may depends on the country that everyone of us live for.
member
Activity: 364
Merit: 17
December 25, 2017, 12:10:29 AM
In my opinion. The government will fight bitcoin, if the government feels bitcoin will have a negative impact on the economy of their country. And if that bitcoin benefits one country, then bitcoin will be legalized in that country.
full member
Activity: 644
Merit: 100
December 25, 2017, 12:03:50 AM
The government's action against bitcoin is one of the government's efforts to maintain the country's currency exchange rate, this is done because they fear that bitcoin is used as a medium of exchange, then the country's currency exchange rate will weaken and even an economic crisis can occur the government has a mindset like that, but if the government can make regulations that regulate the tax on each bitcoin transaction or other crypto currency then it is not impossible that the country will go forward because it gets a lot of tax from each transaction.
full member
Activity: 462
Merit: 100
December 24, 2017, 11:58:50 PM
Is there any chance goverments to go against bitcoin if they see its something against them??

Come to think of it, there is definitely a chance that the government could do that. As for the reason om why they'd do that, I could not think of any yet. Still, that doesn't guarantee that they might dp that in the future because we all know that the governments all over the world are kind of secretive and we can't actually predict when will it happen.
full member
Activity: 966
Merit: 104
December 24, 2017, 11:52:36 PM
Bitkoyn has such characteristics that over time, states can go against it and limit its circulation. The last sharp rise in the cost of bitcoins to $ 20,000 and then its similar sharp drop in price by 40 percent has shocked many states. High volatility bitkojona and last display of it as a financial bubble has frightened many. It is not by chance that it was during these days that the Kuwaiti authorities decided to completely prohibit the crypto currency in this country.
jr. member
Activity: 224
Merit: 3
December 24, 2017, 11:43:01 PM
Is there any chance goverments to go against bitcoin if they see its something against them??
I dont think the country will go against btc. Bitcoim when in cash it has already taxed. In my country it’s  12%
full member
Activity: 266
Merit: 102
December 24, 2017, 11:40:05 PM
Maybe governments to go against bitcoin if they country got corrupted through bitcoin because we all know that bitcoin was decentralized and don't have tax payment. But more governments was accepted bitcoin because it gives support to the people and they everyday living. We don't have power against to the laws of governments who hate the bitcoin because we are also the followers under their management.
member
Activity: 406
Merit: 10
December 24, 2017, 11:35:23 PM
Bitcoin is a digital currency.day by day it's popularity are rising and banks client are decreasing.most of the government are approval Bitcoin.
jr. member
Activity: 110
Merit: 1
December 24, 2017, 11:21:02 PM
the possibility of the government not supporting bitcoin because the government does not get tax from bitcoin
there are some countries that support some that prohibit
member
Activity: 224
Merit: 11
December 24, 2017, 11:03:03 PM
It depends on every country. Some country allowed bitcoin, some country are not because there are some corrupt politicians that don't want bitcoin, because in bitcoin there is no tax or it is decentralized.
member
Activity: 909
Merit: 17
www.cd3d.app
December 24, 2017, 10:59:26 PM
    Government will not support bitcoin because bitcoin is decentralized and it is against the low of government which is centralized. Government can't collect tax in bitcoin, they can't force people to pay a tax.
sr. member
Activity: 490
Merit: 250
December 24, 2017, 10:44:20 PM
Is there any chance goverments to go against bitcoin if they see its something against them??
Some government may go against it if they see a threat in their economy. In my country the Philippines, our government has made an initiative through the Banko Sentral ng Pilipinas to regulate bitcoins.
full member
Activity: 182
Merit: 100
December 24, 2017, 10:39:42 PM
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.
the government will not easily ban the bitcoin because people themselves choose bitcoin to be a tool of transactions and of course people will prefer the convenience provided by technology so that will complicate the ban. so I think the government should take part in providing bitcoin security so as not to be abused.
full member
Activity: 316
Merit: 100
December 24, 2017, 10:13:37 PM
The government has now openly banned bitcoin, in some major countries especially. But that does not make bitcoin enthusiasts less, it makes the demand increases.
hero member
Activity: 1190
Merit: 568
Sovryn - Brings DeFi to Bitcoin
December 24, 2017, 02:21:31 PM
as long as bitcoin user didnt abuse and affect to the goverment they cant against instead they support bitcoin. i think some goverment use bitcoin also because this is not traceble for they illegal activity..
Maybe because they know they cannot control to those people who used it to not use bitcoin in crime or illegal transaction. But as long as we do nothing that cannot harm to many people, maybe our government will be support us to use then they will not ban it.
hero member
Activity: 686
Merit: 502
December 24, 2017, 02:04:25 PM
In my opinion, banks are never going to be against bitcoin, they will only try to create their own cryptocurrency, those are only my thoughs of course, but this can really happen. Maybe they will try to create their own crypto instead of using bitcoin or be against it.

Banks and governments are the first enemies of bitcoin. The currency loans take away their power, influence ordinary people and money. They will destroy bitcoin in every possible way.
full member
Activity: 151
Merit: 100
December 24, 2017, 11:42:23 AM
In my opinion, banks are never going to be against bitcoin, they will only try to create their own cryptocurrency, those are only my thoughs of course, but this can really happen. Maybe they will try to create their own crypto instead of using bitcoin or be against it.
member
Activity: 322
Merit: 10
December 24, 2017, 11:38:28 AM
In my country which is the philippines our goverment is against bitcoin its because bitcoin has no tax and its really a threat to their governance and also a big loss to their income.They also say that they are against of bitcoin because it is being use by terrorist and druglords in their illegal transaction and they cant track it.
full member
Activity: 163
Merit: 100
December 24, 2017, 11:27:36 AM
Not all are against bitcoin, many countries have adopted bitcoin and allow it to be used in everyday life. Also, many countries do not accept bitcoin and the government is against bitcoin. In my country, the government does not accept bitcoin and will ban it in 2018.
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