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Topic: Goverments to go AGAINST Bitcoin - page 9. (Read 3231 times)

member
Activity: 196
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November 26, 2017, 08:37:20 AM
Some countries are opposed to bitcoin because their country's inflation is so high that if they do not ban it, their country's paper money will become worthless.
member
Activity: 145
Merit: 10
November 26, 2017, 08:36:53 AM
Is there any chance goverments to go against bitcoin if they see its something against them??
No because I think it may also be useful for governments if they also use crypto currencies like bitcoin.But only flaw of using bitcoin is  it's anonymity nature so all governments may think twice and they can enter into this..
member
Activity: 85
Merit: 10
November 26, 2017, 08:28:24 AM
Most countries in the world do not accept bitcoin. Due to the bitcoin's security, governments are worried about the use of bitcoin for malicious purposes and the government can not levy taxes from bitcoin transactions.
full member
Activity: 336
Merit: 100
November 26, 2017, 08:21:03 AM
I think this does not happen, if the government bans the bitcoin, it is not profitable. Currently, in countries with high population density, the unemployment rate is rising. Bitcoin is a good solution to tackle unemployment. Therefore, the government can not ban bitcoin
newbie
Activity: 40
Merit: 0
November 26, 2017, 08:20:40 AM
In the short term yes. They want to ban cryptocurrencies to see how to counter illegal trading within the network which gonna be really difficult. But eventually once cryptocurrency is going bigger, the government will lift the ban definitely.
sr. member
Activity: 635
Merit: 251
November 26, 2017, 08:00:43 AM
Is there any chance goverments to go against bitcoin if they see its something against them??

Wwll I think that the only problem would be that bitcoin might be something they would be having a hard time regulating but I dont they they would be able to shut it altogether. WOth how the public and cou tries depend on it there would be an uproar.

They can't do anything about the network or about people using it (yet..), but they can make it hard for people to cash out.
hero member
Activity: 1372
Merit: 503
November 26, 2017, 07:55:14 AM
Is there any chance goverments to go against bitcoin if they see its something against them??

Wwll I think that the only problem would be that bitcoin might be something they would be having a hard time regulating but I dont they they would be able to shut it altogether. WOth how the public and cou tries depend on it there would be an uproar.
sr. member
Activity: 658
Merit: 274
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November 26, 2017, 07:53:14 AM
This is a quiet funny question. Kidding aside I don't see that the Government will go against bitcoin because they are the one who made bitcoin legal in their own country. Lets make it specific, as Bitcoin became a tool for such things that the people affects badly or the entire country affects badly it is possible that the Government will stand against bitcoin, but lets be realistic ain't no such thing reason for the Government to go against bitcoin or to banned bitcoin because bitcoin isn't as bad as we think nor dangerous but rather it helps a lot of people especially the technology literate, and for some reason bitcoin is a quiet a good part time job.
member
Activity: 392
Merit: 11
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November 26, 2017, 07:50:50 AM
Some countries are against Bitcoin. We all know that there so much tax that they can't imposed here in bitcoin that should benefit each countries. There are a lot of investors here in bitcoin today instead doing business and pay taxes.
hero member
Activity: 597
Merit: 504
November 26, 2017, 07:39:49 AM
Is there any chance goverments to go against bitcoin if they see its something against them??

China has already banned cryptocoin trading and the cryptos market only grew after that. So there is not a goverment large enough to stop crypto's.

Cryptocoins will always have places to take hold and grow even if let's say EU, USA, Russia and already China banned crypto's.

There will always be places in the World who value FREEDOM and FREE MARKETS.

Those entities holding the most power right now, EU, USA, Russia will eventually ban all crypto's and try to destroy them throum QUANTUM COMPUTING.

Thank God for QRL as that day is approacing sooner than you think.
newbie
Activity: 315
Merit: 0
November 26, 2017, 07:32:53 AM
#99
I think government not to go against bitcoin.Because government rules and regulation depands on banking sector.If government will decided tax and revenue are increases then government has taken new rules for bitcoin.
member
Activity: 266
Merit: 13
November 26, 2017, 07:16:15 AM
#98
We all know that gorvernments and the banks are linked to each other. So if bitcoin rises up and rule over the banks, government will surely take control and make a move to go against bitcoin.
full member
Activity: 182
Merit: 100
November 26, 2017, 07:14:09 AM
#97
Since China banned ICO's and closed down some of its crypto currency exchanges, the question of "Ultimate Ban of Bitcoin" is there in the mind of most of the crypto investors. Can governments or international government organizations implement their own centralized crypto currencies and ban the mining or ownership of open decentralized ones like Bitcoin and Litecoin? Answer to this question is crystal clear and straight forward. Yes, they can. But the unanswered part of the question is, how effectively they can destroy Bitcoin.
sr. member
Activity: 1414
Merit: 283
November 26, 2017, 07:13:17 AM
#96
Is there any chance goverments to go against bitcoin if they see its something against them??
At first when bitcoin was released, when it was only used by a couple of people bitcoin did not prove to be a problem for goverments so thye ddin't pay attention to it, a few years later it started gaining more popularity and had its price going up, they just ignored it because econnemist thought that it is just a buble and soon it will drop down, but now with so many people using it and earning thaousands of dollars from its rise, they are faced with tow options either they accept it as a payment method or ban it and piss of a lot of people, either way they are unable to controll it or prevent the users from trading with it because bitcoin is uncontrolled by any one and it provieds complete discreat for the ones who use it, so the point is it does not matter wether goverments ban it or not people are still going to use it, accepting it will make it more popular, and banning it will not affect its users very much.
sr. member
Activity: 630
Merit: 256
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November 26, 2017, 07:03:48 AM
#95
Earlies bitcoins scope was limited to developed economies. Along with its price its popularity started increasing. Now Bitcoin is becoming more and more popular a in developing countries. Many bitcoin exchanges started their operations in developing countries as well as in African countries. Due to bitcoins decentralised and autonomous nature it is difficult to trace the bitcoin user. Due to this function illegal activists started using bitcoin as a medium of exchange. So governments like China,Japan, Indonesia, Australia have decided to ban and regulate bitcoin in their region. They will allow bitcoins functioning only after some regulations.
full member
Activity: 224
Merit: 121
November 26, 2017, 06:35:22 AM
#94
Not all government are againts bitcoin because it was supported by our country but they cannot imposed tax on it because it was a digital country and no authority to put rules or law by it.It is a virtual currency that can only control by us and no third party will allow to control our transactions.
full member
Activity: 230
Merit: 108
November 26, 2017, 06:25:22 AM
#93
u know if government against bitcoin ...its very hard to us..to earn money without tax..many government very strick about tax..i hope my government understand  us bitcoin
full member
Activity: 145
Merit: 100
November 26, 2017, 06:23:04 AM
#92
Governments haven't anything to cry about when talking about bitcoin at the moment except that criminals use it to lay low and the radars and it may had made an easier way for corruption funding and "under the table" deals . Yet if there's anything that might push governments to go against bitcoin is making it taxable so they can get their share from it yet this is a very difficult task since tracking bitcoin holders is technically impossible because bitcoin's concept was clearly set up to be incompatible with any government .
hero member
Activity: 1176
Merit: 509
November 26, 2017, 06:18:14 AM
#91
Is there any chance goverments to go against bitcoin if they see its something against them??

Actually, some government is against Bitcoin. They are against it because they cannot earn from it. As we all know, Bitcoin is decentralized. Therefore, it cannot be taxed by the government. Aside from that, it has strong anonymity so it is sometimes being use for illegal activities and terrorism. I just hope that someday, the countries that are against Bitcoin will eventually see its importance.
full member
Activity: 264
Merit: 102
November 26, 2017, 05:25:22 AM
#90
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

But there are countries already that go against it because it's hard to them to regulate it and they think that bitcoin wouldn't be a help to their country's economy since there are people who choose to invest in it and not to those businesses that pays tax.
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