Topic: Goverments to go AGAINST Bitcoin - page 4. (Read 3207 times)
Yes there is a probability of that happening in our present time. Banks are somehow related to the government and when time comes that bitcoin affects banking it will affect economy also.
For me, yes the government is against to bitcoin if bitcoin’s capability is disobeying their jurisdiction. Bitcoin’s ability is so fascinating you can’t detect who is the person behind of it, what are they doing on that, what they are buying and many more. That is some reason why bitcoin is getting a ban in some countries. Also, bitcoin is tax less and can’t control the central bank. 
Government have the power to oppose bitcoin, but I tell you that the decentralization of bitcoin and it's anonymous has made it difficult to anyone including the government to fight it. To stop bitcoin is to stop the internet, as long as there is internet there will be bitcoin. If the government can not stop internet they not stop bitcoin. All they can do is to stop the exchanges from operating. But as long as bitcoin be traded with other things we will always have ways out.
Ye ye. I guess goverments will have to go along with bitcoin and crypto currency, its the future of everything .
I am happy that bitcoin is decentralized because if the government involves in bitcoin then may the investment ratio will decrease.
Im sure you agree tho that they goin to apply taxes soon cuz as more as it gets more popular the more money they will lose. Right? So they gota fix that cuz we all know goverments want to control our money .
Government have the power to oppose bitcoin, but I tell you that the decentralization of bitcoin and it's anonymous has made it difficult to anyone including the government to fight it. To stop bitcoin is to stop the internet, as long as there is internet there will be bitcoin. If the government can not stop internet they not stop bitcoin. All they can do is to stop the exchanges from operating. But as long as bitcoin be traded with other things we will always have ways out.
Ye ye. I guess goverments will have to go along with bitcoin and crypto currency, its the future of everything .
I am happy that bitcoin is decentralized because if the government involves in bitcoin then may the investment ratio will decrease.
Government have the power to oppose bitcoin, but I tell you that the decentralization of bitcoin and it's anonymous has made it difficult to anyone including the government to fight it. To stop bitcoin is to stop the internet, as long as there is internet there will be bitcoin. If the government can not stop internet they not stop bitcoin. All they can do is to stop the exchanges from operating. But as long as bitcoin be traded with other things we will always have ways out.
Ye ye. I guess goverments will have to go along with bitcoin and crypto currency, its the future of everything .
Government have the power to oppose bitcoin, but I tell you that the decentralization of bitcoin and it's anonymous has made it difficult to anyone including the government to fight it. To stop bitcoin is to stop the internet, as long as there is internet there will be bitcoin. If the government can not stop internet they not stop bitcoin. All they can do is to stop the exchanges from operating. But as long as bitcoin be traded with other things we will always have ways out.
We can't talk about "gouvernements" as a block, as every country has differents laws
A gouvernement can go against something only if there are laws that allow it!
In some part of the world, the main problem will be taxation, so probably once they will find a way to tax any income in BTC, they will be very happy, and that's all
A gouvernement can go against something only if there are laws that allow it!
In some part of the world, the main problem will be taxation, so probably once they will find a way to tax any income in BTC, they will be very happy, and that's all
Goverment sure go against bitcoin
First goverment can't take tax from bitcoin
Second goverment can't control it
Third goverment will lose their currency
and so more
Right now as i know china and vietnamese have some rules against bitcoin
First goverment can't take tax from bitcoin
Second goverment can't control it
Third goverment will lose their currency
and so more
Right now as i know china and vietnamese have some rules against bitcoin
yes they are going against bitcoin, where i live there is 3 country in north africa that did declare a law against bitcoin and crypto coins in general.
but that didn't hold anyone from trading and dealing with bitcoin
but that didn't hold anyone from trading and dealing with bitcoin
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..
Well Bitcoin is traceable so i dont think they would do ane illegal actions with bitcoin...
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..
Although bitcoins are becoming more and more popular in the world, most countries do not accept bitcoins in exchange. Bitcoin is anonymous so transactions can not be tracked, which makes government difficult to manage and collect taxes. I think that in the future when the government can manage bitcoin, bitcoin will be recognized around the world.
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.
Yes, bitcoin also include the technology which has pros and cons.
Aonothet reason also government against bitcoin because government only think about negative side of bitcoin.
For example, the high fluctuatition of bitcoin has made a lot lost of the citizents in some country and government mark bitcoin as dangerous investment and they will try to against bitcoin.
A lot of governments are doing this case for now. They're trying to ban Bitcoin in their country to be able to control people living in their country. Bitcoin is not easy to control even US, country has most modern technology still can't control Bitcoin totally so I think there are no country can do it. When they can't control Bitcoin and can't get taxes from Bitcoin income, they'll find the way to ban it, it's the best option for them .
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I think that governments are not ready to like bitcoin for now, they can't accept what bitcoin can do than their fiat and that's really awkward for them. And maybe they are against to bitcoin but many people are trusting to bitcoin and they can't change the faith of peoples who trusted bitcoin.
I do suspect they will struggle to deal with the reality however I don't think they have enough power (I may be naive here) to simply destroy the network by grabbing bitcoins and selling them to crash the market. We all know two thirds of bitcoins are being held and not moved therefore since only one third of the bitcoins are out there is that enough to crash the market? I am no good at math and would actually like to know the answer because then maybe I would actually fear them a little bit for what they could do. Although that is what they could do, I highly doubt they will do it big difference.
I think the government is not against Bitcoin, because if it's against Bitcoin it's gone for a long time. On the other hand, Bitcoin made the government lose control of its currency and sovereignty. Bitcoin helps people to trade worldwide without any contract or agreement between countries.
Many countries which allowed bitcoin as a legal currency now deciding to ban or regulate bitcoins. Bitcoin is a decentralised peer to peer exchange currency. So it is difficult for the government to keep control over its transactions. All bitcoin transactions get recorded in a public ledger called blockchain so no one can break or trace it, as a result government cannot impose tax on it. Indonesia recently put a complete ban on bitcoin by giving reason that bitcoin is creating a threat to their fiat currency. Australia is banning/ regulating bitcoin because, bitcoin is getting used in drug trafficking and terrorist activities.
here in my country, dont know bitcoin too well. they always thinks that bitcoin is a scam, many tv networks here already created a news that bitcoin is not true and dont trust it, thats why many of my friends warn me about this one because of that fake news and im so pissed off because of that.In some countries, governments are officially oppose bitcoin usage. Some of the countries are more free for bitcoin usage. They can totally ban bitcoin, this is not possible.
It is no surprise that our government banned bitcoins. Although bitcoin has many benefits and helps people make a lot of money but bitcoin is a digital money, it's transactions are made through the internet, so the government can not collect taxes, the development of bitcoin has an impact to the benefit of traditional bank.
Many countries which allowed bitcoin as a legal currency now deciding to ban or regulate bitcoins. Bitcoin is a decentralised peer to peer exchange currency. So it is difficult for the government to keep control over its transactions. All bitcoin transactions get recorded in a public ledger called blockchain so no one can break or trace it, as a result government cannot impose tax on it. Indonesia recently put a complete ban on bitcoin by giving reason that bitcoin is creating a threat to their fiat currency. Australia is banning/ regulating bitcoin because, bitcoin is getting used in drug trafficking and terrorist activities.
here in my country, dont know bitcoin too well. they always thinks that bitcoin is a scam, many tv networks here already created a news that bitcoin is not true and dont trust it, thats why many of my friends warn me about this one because of that fake news and im so pissed off because of that. Jump to: