Topic: Government always hides productive truths from the masses (Read 769 times)

No don't say that discussing about government affairs doesn't help her citizen because one thing you should know is that government starts from you and i and you might be opportune to become a leader tomorrow so discussing about issues that relates to the government will give you a good sense of reasoning if an opportunity comes for you to become part of the arms of government that are concerned in decision making of a country.

However, regardless that government don't mostly make decisions to favour her citizens all the time but it doesn't mean we should completely exonerate ourselves from discussions concerning how the government should be runned. The most problems that is being faced with the government is mainly bribery and corruption otherwise i see no reason why someone who mean well for the development of their country will assume a public office and do things contrary to the original agenda they had in mind or to the campaign promises they made before they were elected.

The government makes policies that are contrary to much better ideas and lies are made only to protect the previous financial system. But in a further capacity they have an obligation to protect and it is a system that does need to be protected. When we understand that money in particular can depreciate then we must find a gap where we think of ways to choose another system. The presence of Bitcoin becomes more useful where people can achieve a stage of financial freedom through investment and it must be run according to the knowledge they have.

Money has an entity so it will be easy to regulate according to what the government expects and maybe money becomes a tool that can be used to regulate many things. When we want to be better in terms of finance, we should have a way to review other systems better and the presence of bitcoin is a solution to many previous fiat currency problems.

Of course, the government must be aware of and prioritize the issue immediately, which if we pay attention to the picture in the field, it is quite concerning if we look at the current condition of the group of people whose economic level is below standard. Yes, they have to fight hard to be able to meet their daily needs for him and his family first.

Conditions and beliefs can change at any time, for those who already understand automatically will switch to that instruments investments where they believe that will provide better and maximum results, but for those who are not ready and lack financial resources, they should not force themselves to enter this instrument in a hurry because it is very fluctuate, but if it is considered safe, then enter and invest according to capital and will. Lastly, in my opinion, there will always be opportunities provided in Crypto investment instruments at all times.

Every decision from people who already know about Bitcoin and have learned a lot about how to invest and others will always be born at the right time and of course they know where to get capital from in order to be able to carry out their own desires based on the knowledge and science they currently have. And for the matter of selling some physical assets just to be able to buy more Bitcoin, I think that is also not a bad decision even though it would be better if they did not sell the assets because they already have them, but they must try another way so that their desires can be fulfilled without selling anything that already exists now.

And they are right to invest in blockchain technology and Bitcoin itself. This is the right purchase, which will still bring profit in a few years, when all crypto becomes in demand around the world. It will become a real alternative to the monetary system. And why not? Our world is very changeable. Everything may not go according to the script.

Yes, anyone who already knows that Bitcoin has very good potential for the future, of course they will learn from experts to be able to utilize the technology to benefit them in the future and with all the convenience they get when investing in Bitcoin, it is not uncommon for us to see those who have a lot of physical assets prefer to sell some of what they have to invest in Bitcoin after they understand that even though there is a risk in investing, they will continue to invest because they have understood the investment well.

The current government has played in their own negotiations, there is no most accurate information about our current government, basically the government needs the community as well as the community needs a government that works for their respective regions, but now the community no longer trusts the government 100% who continuously lie to them, as if they are turning a blind eye to what is happening to all elements of society today, as if it is not their responsibility, so people are constantly trying to support their lives from their hard work so that society does not hope full of government attention.

I want you to know that individuality we are different from one another and how we benefit as a person range from one person to another. There are people through out there entire life racing has been about political movement, it's only when they say bad thing bout to the government they get the chance to make their own money. I mean, look at Biden for instance, he was the vice to Barack Obama and wasn't happy his government, says alot of things about him and was given the job to lead US government, hasn't that benefit him from speaking.

Vice-versa, Trump has been running mouth and wouldn't let everyone rest even when he has been threaten many times with gun shot, he didn't give up. You think if it wasn't going to help him any ways, he was going to be speaking for the people, he wouldn't dare try such but because he want something and the mission is getting to the white house again is the reason why he claimed to be even fighting for Bitcoin but deep down, those things a mere political stunt.

You’ve raised some very valid points, and it’s clear that the lack of early exposure and awareness about Bitcoin and other digital technologies has held back many African nations. It’s unfortunate that governments often try to maintain control by keeping people in the dark about such opportunities, especially with technologies that have the power to provide financial freedom and empowerment.

The beauty of Bitcoin and blockchain technology lies in their decentralized nature, which allows people to have more control over their finances without the heavy influence of intermediaries or centralized authorities. It’s no surprise that governments, feeling threatened by this, have often tried to discredit it.

However, it’s encouraging to see that more individuals are waking up to the reality and potential of digital technology, taking the initiative to learn and invest despite the initial misinformation. As we continue to educate ourselves and others, there’s hope for a future where we can leverage technology for economic growth, self-reliance, and financial independence.

The journey may be long, but the momentum is building, and it's evident that the tide is turning in favor of digital empowerment.

How does discussing Government matters help you in person? Apart from knowing what is going on in the country and being updated on what one should be looking out for in the present ruling. Nothing is interesting and beneficial when talking about government affairs and my reason stands on the fact that nothing can be done about the problems we the citizens are facing, we know the solution but we cant do anything since we are not i power. And we the citizens if allowing being a president for just one day, those who care more about the government will even do worse.

Its always easy talking about government affairs and it's funny how some citizens will say that if they were in the position they would do this and that. Thats a bullshit. It seems everyone is blinded by personal ambition which is greed. That is why I cant be seen not in public or private discussing government affairs.

From the stigma, society can now judge what the government is doing to the people and it is clear, even though many are disappointed, the lower class people need attention regarding their life needs, and society trusts crypto more than leaders who don't care anymore.

Just like us, at first we didn't know that BTC would reach a price of tens of thousands of dollars or that not many of them knew about the great potential behind the technology that exists in BTC. But, I believe that now quite a lot of investors who have money and funds visit experts in the field of BTC investment to start fully consulting and learning a lot how they can also store their money in BTC safely and comfortably.

Investment expectations are always born when the invested assets are attractive and provide profits and are comfortable, without much intervention so that it is risky for himself and his funds. Perhaps, previously it was still comfortable if they put their money into the instrument government notes but after learning it was just a waste of time and had to be prepared with all the consequences of the examination, let alone working on the physics project.

While OP is true, most African governments were very late to embrace Bitcoin and other cryptocurrencies. However, the situation has clearly started to change of late. Crypto usage is increasing in countries such as Nigeria, Kenya, and South Africa, with increased usage for remittances and peer-to-peer transactions. Most of these adoptions have been fuelled by the underdeveloped financial infrastructure and the dire need to have more adequate and accessible means of payment. This is because, for instance, 57% of Sub-Saharan Africa's population is unbanked; crypto-and mainly Bitcoin-is a real alternative for attaining financial inclusion.

But it is not all a question of opposition by government. Most of these countries are still cagey because of the volatile nature of crypto and the attendant risks. For instance, the Central Bank of Kenya warned against Bitcoin, citing its speculative value. In spite of that, its value went through the roof, with local currencies like the Kenyan Shilling losing their value. While it would seem that governments delayed the adoption, this was more about concerns with regulation rather than deliberate sabotage.

With this, we increasingly see more stablecoins and a deeper exploration of blockchain systems, especially in South Africa, where even studies are being conducted on stablecoins for their benefits in boosting digital payments. This could mean that very soon, crypto will be way more integrated into the mainstream financial systems.

It's the duty and responsibility of the government to maintain peace and order in the society and this extend to keeping secret, confidential or sweeping under the carpet certain informations that can cause public outrage and social disorderliness and chaos in society. However, government do take the advantage to manipulate our perception about any idea or information base on how it suites their interest about it. Any form of an idea like bitcoin that will liberate the citizens from the complete reliance on the government  they quick frown at it because they understand it threatens their stronghold on the citizens. And when they can't find ways to hide the idea they'll use the condemnation mechanism to attack it. It's for the citizens to create a culture of doing a private digging on things the government comes publicly to condemn as not all are in the citizens best interest but a way of control mechanism.

That's a real fact. Once depended so much on the failed governments, there'd be no other choice than taking decisions on your own, make research and discover what feels right the government had hide secretly for the people.
Indeed the rate of crypto adoptors at now has been impressive but would had been more than as it's if we earlier learnt realistically about digital technology talk more of entrusting our funds in the internet.
The government actually knew how good it was but has always filled us with lies and we believed because we trusted them of being our guardian leaders but not until it's made obvious that they're all just about selfish interests not to reveal the independent cryptocurrencies provide us the citizens.

The government cannot give a knowledge they do not have, although, they do hide the truth from her citizens, yet, it's also the obligation of any being with a brain and time to research for themselves whatever thing that interests them. Africans have a lot trust for their government such that most people wait for their orders before they could do anything on their own.

However, since the people are beginning to discover the truth, and the few youths who moved ahead to venture into crypto, not minding what the government says, now reaping the fruit of their labor, a lot more eyes are being opened to see what's real. 

I agree with you. Even in my country, there are those who have not cared about Bitcoin since the beginning, and even now my country has not legalized Bitcoin. I think if we look back there will definitely be regrets for not investing when Bitcoin was first launched but what can we do, because we live in a country and sometimes without information we can only surrender to the situation.

You do not have to "trust" them, but you do have to follow their instructions, because governments instructions are basically laws, and if you do not follow the law, the ending isn't so great. Obviously it is not going to be so simple, some people will have some issues about it, but we just need to make sure that we are aware that we are not going against the government neither.

You are right that, even if we dislike the government and hate what they are doing, we just have to accept the fact and just move on with it and there isn't really anything that will take that much time, we shouldn't really see that as an issue, we should just keep remembering that government has the power over us, and no matter what we do, only thing we can do is vote them out, that's it.

It's truly disheartening to about the challenges and misinformation that nation are facing regarding to digital technology and cryptocurrency like Bitcoin. It's unfortunate that some governments have not prioritized educating their citizens about these advancements, leading to missed opportunities and a lack of understanding. The technology world is evolving and there is a shift from analog to digital technology which is indeed a significant transformation and it is understandable how the lack of proper education and infrastructure can create hinderance to embracing these changes. It's crucial for governments to empower their citizens with knowledge and resources to align with the digital world effectively.

The misinformation surrounding Bitcoin are common especially when governments restrict and spread false narratives concerning bitcoin. It's important for individuals to seek out reliable sources of information and educate themselves about these technologies to align with the global change in the tech world. Despite the setbacks it is never too late to learn about and invest in cryptocurrencies like Bitcoin.

Even if you don't like the actions of the government, you have to trust the government and follow their instructions. You have to go according to the budget they make. When the government adds extra VAT on something, you have to accept it because you cannot go against it and reduce the VAT. Many activities of the government may feel bad to you or go against your will but you must accept them. You must take into account some of the points you made here on the subject of Bitcoin Validation. For example, the economic conditions of all countries are not the same. There are many developing countries whose economic conditions are weak and the governments of those countries certainly do not want to stop domestic transactions through banks because when domestic transactions through banks are stopped, they will suffer a lot economically. Considering these aspects, we cannot say that the government always takes bad decisions.

There are governments that even with the support of their citizens, they still don't do well. But I agree that not all information should be spread to the public especially if they are classified and need to remain censored.

It's just sad to see that many governments are like that, they hide their incompetence through making another noise so that the attention of people will go there instead of backlashing their incompetence.

Well, this is a politics game and most of them knows how to play the game.

It isnt really shocking that there would really be those individuals who would really be that totally despise the government on which it isnt really just that right on having such approach on which you've said that there might be some mistakes but not all government would really be something like this. It would really be normal that there would really be some classified informations which arent supposed to be shared up into its citizens or into the masses to avoid some panic or whatever their plans would be because we dont know on what are the plans or they do know on what they are doing. Somehow, with those other non good
behavior and doings with other government in some parts of the world then you cant really be able to blame out people on why they would really be having that kind of hesitance.

So instead on making yourself that being too worrying or get stressed on whatever they could potentially do then it would be best that you should be focusing on the things that you are doing.
Dont mind about government and dont mind other people. Truth might be hidden up but sooner or later it would really be exposed if ever there would be informations or things
that been hidden upon.

But, I think he is already frustrated and that this is why he is here with this thread. Each of us has things that we prefer to keep as secret and so as the governments. There are still things that they care to tell us and ask our opinion if it's good to do or not, so I won't attacked them right away. That's harsh if you will say that governments don't always do the right things and if they do, then they won't sit any longer on their position because they are only ruining the country or its economy. Again they are only a human like us and they can make a mistake too sometimes. Governments don't intimidate the poor but in fact they like helping them the most.

Would highly agree on governments being self-serving and corrupt to the point that they'd keep shit away from the people even when it's supposed to make lives better and easier. However, isn't Africa already a little bit more crypto-friendly so to speak? I mean I have friends and acquaintances living in the South Africa who got jobs and had their lives practically set from cryptocurrency investments, and while yes, banks and governments in some parts of the continent are adamant about banning cryptocurrencies entirely, for the whole rest the continent's pretty much crypto friendly and are becoming even more by the day.

So yeah, I completely agree with you, just don't see why you'd think Africans are crypto-ignorant when they've been at the forefront of most cryptocurrency movements as of late.

Op really need to get use to it because if he don't the government will frustrate him. However the truth is that governments will not tell us the truth on about the things they do, because they don't do the right things always.. most of the things they do are not good, because they uses their power to intimidate the poor.

The government cannot be too open to the public neither will they be that lenient by sharing some sensitive information to the public, we should go by the way of their leadership, since we believe in their competencies and make use of that in voting them into power, all that is required is for us to render a supportive hands towards every developments they are giving to the people.

The reason why people are always talking about the government is that they are tired and they won’t stop talking until the government have satisfy the needs of the people. And this have started for a very long time now and I don’t think it will end anytime soon, because currently they spend money during elections so they will want to make back the money they have spent through their corrupt practices. The people they are called to serve they no longer care about how people feel all they want now how they can satisfy their self. Greed haven driven them to engage in corrupt practice. People are tired that is why they are accepting it. It’s like people don’t longer have choices. And any form of protest will lead to government using the police and the rest to intimidate does that are trying to fight for the right thing. It will eventually get to a point people will disregard the kind of behavior that the government is portraying.

Why should people not spend time arguing or debating about government matters? Are those bodies not in power to serve their citizens and not the other way around? No doubt,  corruption is at the height of it, but still, we shouldn't be entirely quiet and accept things the way they leave them to be.
 
Discussion about such matters brings about exposure, and it helps most times too to prepare the minds of the people about what they are to face, or better yet, iron out ways to tackle the government to do the right thing.

Yes, the government may not be transparent to us but with the help of social media, slowly we began to understand what we ought to know that the government may hide from us. Because I believe the government should be more open and honest to its citizens, otherwise it will lost its essence as the governing body of the nation, state and community.

However, when it comes to bitcoin, the fact that they don’t see it as pro-government, then they won’t acknowledge its true potentials that could bring success to a lot of people. Thats why people should not totally rely on what the government says, instead they should be more resourceful in finding answers that would serve as the key to their life’s success and financial stability.

If you want to be happy in life and don't want to be disappointed, don't depend on anybody including the government. some people have it in their mind that their government is owing them a lot of things like funds, good education, infrastructures and jobs. Yes, it's actually the duty of the government to provide for the citizens all of the above mentioned. But still, the way government are behaving and depriving us of a lot of real facts and our rights are being denied of, one should not deeply depend on these bodies called government. If not you end up being disappointed and depressed. Your government will tell you that they are trying by all means to make sure you people as their citizens are living a very standard living. They will tell you that they know of the kind of hardship you are going through and that they are doing everything possible to alleviate these suffering. But all these things they are telling you are nothing but lies, because they continue promising you with fake promises and you will see them and their family and friends living a very expensive life and you and your family are just getting more poorer. They will make sure they don't give you any access to any opportunity that will make you live the life equal to their own living standard.

I agree with you but let's put this to considerations that bitcoin as a new developed digital currency even though it has been introduced for over a decade now, lack of education has been a loophole that the masses get losts in the digital worlds and the government with their aimlessness to bring development in the societies has acted as the bridge making it uneasy for citizens to be suitable in the crypto industries coupled with the fact that the government has made cryptocurrencies seem an illegal technology to the little mindedness of the uneducated citizens.
Although I foremost channelled this effect of the African government because they always considers their self Interest before considering the masses.
That's unlike some developed countries that the governments are willing to welcome and harbour any development with the potentials to bring good wills to the society at large.
Perhaps the displacement of the government is extremely discouraging for vulnerables and uneducated to be adoptive to crypto investments.
So likely, there could be some basic facts such selfish governments wouldn't want us to know about.

Not all countries or governments tell everything to their subjects, because if the government knows something that is not good, they will keep it a secret from their subjects to keep them calm. Because when they say negative things that can cause concern or fear, that's a big mess.

As much as possible, if there is something bad happening that their constituents should not know about, they will immediately find a solution, and when it is resolved,
they might as well tell the real story.

If I may even check believing and depending on the government news and promises to be a reality is not far from a man who is putting his egg in one basket, and egg is fragile which human life is meant to be for government in disposing information, and promises but the government has made it look like rock and have even make the citizens to remove trust in them based on how they circulate fake information to the people and make unfulfilled promises.

Government has this as strategy to hold the citizens hostage because Bitcoin and crypto currency can not be a threat to the government just that they want to be in control to the system just as everything the is been regulated by the government since crypto currency has not keep such standard where the government has full control it's now a thing to puzzle and raise some fake alarm and warning to distract the attention of citizens who find it more favorable or preferable.
Secondly in most if the banking system which the government has taken full control has it way if disappointing the citizens where many are withdrawing their trust and this serve as threat as given full attention to crypto may take away the citizens trust in them and financial control by the government.

I don't think the government is responsible for making people to know about cryptocurrency late. Do you know even till this time their are people who still don't believe in bitcoin (cryptocurrency). I can I agree that the government is been responsible for making people not to have access to cryptocurrency.  Their are people that are free to have cryptocurrency but because of ignorance they prefer to go for other investment instead of cryptocurrency.

We don't need to depend on government to know the truth, if you depend on government to know things you will never get to know any thing. One of the ways to be powerful is to have knowledge,  when their is knowledge it is impossible for government to take advantage of you from doing the right things .

I'm not of doubt to your view but if the government has wanted to tax the crypto holders as an avenue to utilize the revenues for economy and Infrastructures, then they should had made it clear and contributes to the valuability of the crypto system in order to enable citizens to comfortably rest upon their crypto investments.
They government want to control the financial digital system with a default claim of being an anti corruption so that it's not abuse but unfortunately they're the once doing the worse fraudulence but being covered with their authoritative blankets power of governance. They really don't care that much but to extort from citizens.

The easiest answer to this is that the government does not want the performance built hard by them not to be followed by its citizens who now know the direction of security and switch to a new one, namely BTC, meaning that their citizens are considered to participate in undermining the financial system and weakening their role in it.

Because we know that the Bitcoin blockchain network is very helpful in simplifying operations between individuals with various elements as well as being able to streamline in terms of transactions and this is considered to eliminate many points that are considered beneficial to the government in terms of cash receipts for the country, the government should be soft also in reading it because human nature is increasingly chased more and more run and avoid. Isn't it??

I think they are capable of saying some truth but not a lot of times. Obviously those under complete control of their government, do not even expect for them to say anything true because they will always twist it to their advantage.

For some democratic countries, it’s not all truth as well. When distributing knowledge and information, they have to consider the reaction of the people too.  They need to be trusted and liked by the public and they will not risk that to say the truth
We are close, probably. If some countries being interested in making btc a legal tender or etf btc is to count by.

Every country's government tells the truth to their constituent citizens, not just 100%, because they also consider something that they know their citizens can worry about. And there are also other officers who do bad things that they don't tell people because they know they can be fired in no time.

And until now, many countries are still against Bitcoin or cryptocurrency, so nobody knows when they will recognize it as an alternative solution to the financial problems that all
countries around the world are facing.

Issues such as being uncontrollable or unmanageable, blaming illegal activities or causing harm to the economy or the environment, ... are all just ways to justify behavior. Opposition to bitcoin. But in some ways, that is also part of the development process with bitcoin, which is inherently perfect on its own, but with prejudice, opponents always find all kinds of different tricks to manipulate information. The government's support/opposition to bitcoin has specific effects but I also believe that it is natural, like there is no specific reason for bitcoin to appear because we can describe it with thousands of people. Thousands of different stories, as long as we find something through bitcoin, not someone leading us to bitcoin.

Those governments that are doing well today, saw the seriousness of BTC among their youths that draw the government attention to adopt BTC, and it has open so many ways for their people to enjoy, and they are enjoying the benefit of BTC.

Government cannot stop you not to have access to BTC news or other books that related to BTC to acquire the knowledge, which I have seen many people in Africa they are doing well with BTC despite BTC is not adopted in their country.

It happened to many people, before they later understood BTC, even me, I knew BTC some years ago through one of my childhood friend that base in abroad, but I thought he is trying to initiate me to scam currency, but I did everything in 2020 to know that BTC can solve so many things from someone life.

Everyone wants to be something social but no one really ready to work for it and that shows why anyone that can influence in anyway they want and make us to believe anything that will be benefit for them. Making money is the only choice we have to move up the ladder but isn't really possible for everyone so they accepted it and living until it ends one day. Obviously not everyone can be rich but we can have freedom to some level and that's what decentralisation offers us with our money.

While the government doesn't want you to know what you should know, you owe it to yourself to make sure you research the most relevant technology. We are in a digital world, and no matter where you are located, as long as there is an internet connection in that country, you can browse for the information you are looking for, and you will properly understand and learn the information that is being passed. 

The government can cease to bring some relevant tech information to the public, but those details are not restricted on the internet. Search about Bitcoin online, and you will find different articles to read. Some people did not get on time with Bitcoin because there was no one to properly teach them. I heard about Bitcoin quite earlier but was not interested because I lacked proper knowledge and no one to actually convince me to invest, but today there are more people talking about it all day on social media. 

Basically you do not have to join them, but you do not have to be against them neither. There are billions of people in the world who wake up everyday, go to work, sleep and repeat that action until they retire, most of them do not even retire all that well neither.

I think it is quite easy to figure out what you need to do, it is clear that we are going to end up with a lot of trouble, and that means we are going to end up with good results eventually, it shouldn't really be all that hard. This means that we are going to get some results which would be ordinary, a life that would be ordinary, but you would live like most others and wouldn't really want anything more, it would be basically what everyone else has in the end as well.

It's funny how we got to grow up after being brainwashed by many of these institutions and policies for years without knowing and anyone who gets to speak up many of the times, becomes the enemy of the state mostly when they have no money or influence.

The truth is always skewed and it has lead countries to invade as well as even individuals with power to go to war because they have the means and want to prove a point.

Cryptocurrency no matter how much the government wants to control it or try to get citizens not to invest in it, is a way out to freedom from government's control for many of us who have had an opportunity to be hooked up to the blockchain and understand how it is beneficial to us and our dreams of independence and financial freedom.

That’s an interesting observation.

When something is beneficial, even if it is not morally right, people will still accept it and do it. Money can bribe anyone into shutting their mouths and keeping their eyes closed. Meanwhile the poor keeps getting poorer because the corrupt people are making their lives harder for them. Of course they are going to complain because they know that they deserve better but are not getting it.

Yes of course there's no option than getting use to it. If you can't beat them then you'd have to join them else toudtbe thrown overboard.
They says money rules and money stop nonsenses and once you've this money, you'd want to live your own world and just forget about the prioritizing a fortune from the government. Maybe that seems why the poor laments more having all sorts of economy blames on the governments. Like once anyone makes this money, they're probably shutting their mouths up of minding their businesses.
This made it be that crying out loud is for the poor and doing your own thing underground is for the rich.
Sentiments and segregations everywhere.

Definitely they have tried everything to control it but couldn’t succeed so right now some of the countries government are bent on reducing the adoption rate and thereby banning its activities. This method to me just like the Nigeria government restricting P2P is simply a waste of time and resources. They can just simply regulate the exchanges to even get something off this.

As for Nigeria government tagging crypto P2P manipulating the Naira currency I would say they are just looking for a thing to blame and nothing more. They should just focus on how to grow the economy through producing goods and exporting them

I know something about government lies and I can even list a few of them.

When I started getting into bitcoin in 2014 the government discouraged any involvement. The official stance was that if you run a company dabbling in bitcoin, you're most likely a scammer. They wouldn't shut you down but make your life miserable by issuing warnings, putting you on lists of dangerous companies and so on, all to protect investors. They'd make it hard for people to buy crypto by asking banks not to process transactions. They'd issue a lot of different opinions about tax laws regarding bitcoin, for instance the chief of one tax office would say something and 6 months later his superior would say that the guy was wrong and you should file this or that. At first they said it was intellectual property, then a collectible, then a stock, then finally a commodity.
Anyway, years later when most companies shut down or moved and people had to switch banks for the third time because this would not allow you to send money to an exchange an another would tell you there's a limit for crypto transactions, the government said that since you guys have so much money from bitcoin it's time to share all that and we want 20% so finally, after 10 years we have real tax guidelines for you.

That is a huge wall of text and it was very hard to understand your point. If it is that Africa was behind in the cryptocurrency game and that was partly due to government suppression, that is true. You also have to consider that governments all around the world, but particularly those in Africa, want as much visibility of the incomes of their citizens as possible with the aim to tax them. From those taxes they can develop countries further, but unfortunately this can be abused by corrupt politicians for the wrong purposes. Not only that, it gives those same officials the power to manipulate and suppress dissent by targeting funds held in local banks. This is yet another reason they try to control or even block cryptocurrency transactions.

Bitcoin is not really liked by governments which love to be in charge.
Bitcoin is popular with government who like reality. That total control is impossible to archive.
And of course some of the sanctioned countries love crypto too.

Agreed with your statement but I would rather say let's not keep us occupied or think a lot of those things which government tries to hide from us because there are lot of secrets which cannot be revealed to general public and it won't make any difference in general public's life of they knew those secrets. I understand there are things which they hide for their own benefit but not everything falls in this category.

Believe me if there were ways for government to have a total dominance of bitcoin they could had done it long ago and currently bitcoin seems to be threat to them because they can't have full control over it and are looking for way to narrow people down towards the full adoption of cryptocurrency. I can still remember how Nigerian Government are fighting seriously to make sure to eliminate most of the p2p platform that enable the trade of NGN saying those platform are the causes of NGN/$ manipulation causing the sudden surge of price, saying the economy is dying. I was like how could a dying economy focuses their problems to exchange instead of the government to sit up and work out the economy of the country yet they are looking for whom to apportioned the blame.

Get used to it my guy, the government will always hide things to their people, either for the safety of the people or their own but the truth is that they're going to be hiding it mostly for their own interests and to protect those interests, either you start the change or do nothing and just talk about it, uncover the stuff through investigation, pretty sure that with enough money, you can get an insider that would leak you all the information that you need to know and then spread it to the world.

We cannot be exposed to everything happening in the country, there are certain limit to how we hear about those things and the level of information's that got across to us, we cannot have the heart of taking in some things if we are aware of how they were being run, the government also have their own way of holding privacy and information within their settings which is hidden to the public, as long as they are doing the right thing with their leadership power.

How old you're? do you have kids?

I don't understand why you blame the decision maker i.e. the government when they're the last one who can choose yes or no.

If you're a father, would you let your kids know about everything without any secret? I believe you will protect your kids and try to not make your kids know about "bad thing".

Government here is same, if they're talk about Bitcoin as early as possible, they're somewhat like promoting Bitcoin and at that time Bitcoin wasn't been trusted by a lot people. Government can't freely promoting anything because it will affect the country.

The government, through their established systems, has always tried to maintain control over everything and everyone. Most sectors, like the educational sector, banking sector, entertainment and media, etc., are fashioned for that purpose, so anything or anyone that they cannot control becomes a threat to them.

Their deceit was more effective before than now. People are wiser due to better information that can be accessed through the internet and they now realize that not all government decisions are in their favor; some policies and government decisions are meant to limit citizens.

This is a major reason people have taken to self-education: they are aware that the government does not want you to know everything or something that will make you begin to challenge and doubt them. Also, the reason people are taking to cryptocurrency is to limit the financial control the government has over them.

I don't agree, especially when it comes to those years when few talked about BTC considering that it was practically worthless. It wasn't until 2013 that Bitcoin somehow gained attention when it first reached the price of $1000, and it wasn't until the end of 2017 that it started to enter the mainstream.


Stories of millions of lost BTC are just speculations because no one has ever proven it. If someone concluded that x million BTC was lost because they didn't move from an address for x years, then that doesn't make any sense. I have coins that haven't moved for almost 10 years, but that doesn't mean they're lost because I have private keys with which I can send them to anyone at any time.

Why do we spend so much time discussing matters that have to do with the government? The government and its subsequent board of members are people with one goal which is greed. Everything they do is for their benefits, these concern involves the world in general and not a specific continent.

Most of people heard about Bitcoin in 2009, 2010 or one or two years later, easily thought it is a joke, it was created for fun, it will die.

That explains why there are potentially millions of bitcoin lost because early adopters did not care too much about their bitcoins that were easily mined with laptops or bought with very cheap prices. Who spend money to buy bitcoin with prices in cents possibly did care more about their investment and had less probability to lose their wallets, bitcoins.

People who tried and mined Bitcoin in early years have high chances to lose their wallets and bitcoins because they only tried for fun.

I will just ask the question "Is there any point in crying over spilled milk?"

You can blame your government, bad luck, lack of infrastructure or whatever, but you still have to ask yourself if you or anyone else who heard about something called Bitcoin during 2009/2010 really understood what it was really about? I first heard about Bitcoin in 2011, but only after a few years did I realize that there was something serious about it, and I can't blame anyone but myself for that.

It's no secret that most governments in the world don't have a positive opinion of Bitcoin, but that ultimately doesn't matter because Satoshi didn't ask your government for permission to invent and launch Bitcoin - just like you or anyone else didn't have to believe what the government was telling you.

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I will repeat the question one more time, where do you get information about the number of BTC in circulation that is less than the actual number by even 1 million BTC?

Of course a lot are being hidden from the citizens by the government. While I'd be pushed to say, the governments acts unprofessional with their governing system in the Sense that they don't consider the opinions of the masses before taking drastic actions, they're always preferred to feed the public with whatever pleases them.
You can imagine me as an individual coming from the far side way in Africa is aware that a whole global financial institution as bitcoin has a total of 21 million of bitcoin created and the developer has in time made it clear that it was for a course of scarcity so that it can be valuable and controls the global economy inflations.
This was just understood, it's also informed that over 18.8 million of bitcoin has been mined which can be tracked in the bitcoin blockchain.
Oh yes this is a transparent financial policies which interestingly, the upcoming generations can as well be liable to be educated and explain in history about the financial digital network unlike the fiats in my own country which I don't know total number of fiat being printed, how the money is being splited and how the government keep up to date to replace the warned ad displaced monies from the central banks.

I can state about the history about a global unified currency as bitcoin but just right by my door I can't tell about how my countries money is being managed and how they're being splited for utilizations.
That practically proves that there're series of things the government doesn't want us to knows.
We as the citizens might not be demanded an extreme transparencies but to some points, we deserve to know about the needful for history sake.

The good thing about internet and technology is it has increased literacy and political education. People are more aware than anytime in history. The corruption had always been rampant but now it's more talked about. The problem is the politician have no morals to change even if people know they are corrupt. The general people have to take corruption as a normal part of politicians as they have no choice.
The BrainDrain happening in developing world are mostly due to stupid laws and regulations. The government knows it but are reluctant to make a change. They are more focused on sucking in every bit of money from the general people now than to think about improving the economy in long term.

OP, the truth is that some part of the world have moved on with the mentality that Bitcoin has come to stay what most countries are looking at is the way to get more tax from Bitcoin activity in their country but African country are still confused on what to do to this effect, hunting exchange companies does not change the fact that most African currenciy does not have value and Bitcoin or other cryptocurency is not the cause for declination of most African countries currency, the oliticians are busy chasing shadow when they know what to do in other ro solve this problem once and for all, the fight against Bitcoin can not be won by the government that why the intelligent leaders has chosen to embrace the tax syastem instead of fruatrating the innovation.

The problem with Africa is that we have leaders who knows the problem of their individual countries but chose to tackle it in a wrong way, Is it not obvious that Africans problem presently is bad leadership, the failure of our leaders to initiate  a process that can stand as a hedge against inflation, it is very shameful that some countries are busy welcoming imo innovations and also modifying them as case may be while some fellows are idle fighting a technology that would have been helped to a certain level if it was allowed to be adopted freely by the citizens.

This thing you just said is the current problem Bitcoin and other cryptocurrencies are facing in my country (Nigeria). Our government believes that crypto is one of the major reasons why the country economy is crashing and also the local currency (Naira), which is a lie because I see no way where bitcoin will affect the economy of a country. They even went so far as to ban Binance from p2p with Nigerians, so the main reason why the government is still against crypto is still the fact that once they accept it, their local currency will be affected because of the freedom bitcoin as a currency is going to give.

and they will not get control over the citizens funds again; furthermore, the only thing that will make the government  accept crypto is if they can have control over their transactions, and this is not the reason why Bitcoin was created; in fact, cryptocurrency in general, so since it was created to be an alternative currency, I think it will be even better if the government does not have a hand in bitcoin to avoid tarnishing the image and normal function of how it is supposed to.

Most governments paid no mind to Bitcoin early on. It was just another social experiment which will fizzle out in time. Anyone who didn't invest at that time either didn't have the information or were skeptical about the network.

When the price started to go higher and the community grew, more attention was paid to it and the fud started; calling it a bubble which would soon burst taking your hard earned money along with it. Anyone who was convinced by this without doing their research shouldn't be holding Bitcoin.

The government can withhold information about the existence of aliens or cure for cancer but a decentralized network with a public white paper is not in hiding, you're just not interested enough to do your research.

OP, this is a long write up with Plethora of discussion within it. I agree with you to some extent about the fact that the African people at some point have been disenfranchised from setting information that has been going on, on the global stage. innovation and technological advancement most times comes to Africa at a later stage, however some people would say it is better late than never.  The present sanctions most government especially in Africa are throwing on cryptocurrency is basically because of the fact that they find it extremely difficult for them to use their Central Banks to control cryptocurrency, hence they decided to bring up this ideas of subtle policies that try to hinder the free flow or growth of cryptocurrency in some countries.
In as much as the government still try to hinder some of the activities of crypto enthusias, there has been a lot of African youths that have over the years built their own knowledge on cryptocurrency and other Innovations in technological advancement without the help of government. So i believe with time the knowledge so far acquired by this African youths will saturate across sub-saharan Africa.

Not really that into having that 100% transparency or whatever government been doing. There's always those things that they would really be hiding nto the masses on which it would really be something
that not shocking nor surprising. Government would really be sticking into those things on which they do believe that it is really that on their liking and if ever it turns out to be a shit decision
or thing then they would definitely be hiding it to the citizens to avoid conflicts and bashes and this is something that we hould accept about the reality of it.
Its true that it would really be better that you shouldnt really be that making yourself that too relying on what government is really that on their plays.
Better to mind on your own and hover yourself which would really be into those things that could benefit you out.

All this cryptocurrency causes fiat currency Manipulation claims by the government is lies to me. The government cannot control the bitcoin network and as such they frown towards it. The government themselves know that the paper money for the fiat currency isn’t something for the future but rather digital currency like bitcoin but since they cannot control it, they are now prioritizing the CDBC, which clearly shows that digit asset or currency is the future.

A little correction I don’t think it’s ok to call Satoshi a person, he could be an entity who knows

Even today,there're still truth,information that still remains unknown to us as citizens and individuals.One of the biggest mistakes to make in life is to depend wholly and lay so much trust on the government.
I think its okay for the government to be transparent with the public,and at the same time act otherwise.

So many governments around the world have considered bitcoin as a currency that'll disrupt economic and financial activities of the government,and that's why there's why there's the clash.
To me I think bicoin and cryptocurrencies will continue to be viewed with distrust by governmental authorities until the governments can more effectively monitor and control them.

Most nations especially in Africa lately adopted the modern digital technological, Previously we've been in the primitive and analog system and due to the hardship and lack of standard education, we've been trying to remain ignorant over Internet facilities and its networking was untrust due to underdevelopments.
The mentality was being too poor that our government could always convince us with lies and formalities just so that we don't get to know about the advents of the modern reality world which we're in today.
The impacts of the government towards us was that we don't need to know the truth so that we don't have them questioned, they refused to comply with infrastructures to enhance and build our mental faculties because they're afraid that we might be some kind greater than they may be and that seems as threats to them.
The late enlightenments to the modern and digital world we lives today has caused us setback from venturing into the digital technology systems that's how we've also missed the opportunities to adopt in investing in the BITCOIN when it was earlier introduced. Then we had no knowledge of it and the government fed us with lies that the BITCOIN CRYPTO DIGITAL FINANCIAL TECHNOLOGY was a scam and as then, we strongly believed that the government got our back.

I can categorically say it that we all have that thought about "How possible can a currency be on visual system but can't be physically felt or hold as the fiats"?. We were mislead and wrongly influenced by the government that bitcoin developers were just in to steal our money with the digital financial technology format.
It was further a big doubt when the government was not in support of the bitcoin which we formally believed that the government was much knowledgeable than the masses but not knowing the government was specifically against it because it was a decentralized and non custodial financial system that they can not be politicized with their influence of authorities.
We actually thought the government has our back not knowing they were only being self centered for selfish interests.

If we watch today, individuals has been much creative enough to initiate variety of digital technologies, creativities and entrepreneurships with the potentials of enhancing infrastructures and contributing to both individual and national economy growths.
Time goes as we steps on engaging in discoveries, taking challenges with our unusuals factorizing on meeting with greater opportunities which at most privilege opportunities are of technologies as the world also advances with economy impacts.
Remorsefully, it's worth revealing that the government has been behind back hiding the necessities from us and we were being fooled with all that insights about bitcoin and the reasons why we were being deprived from learning about the new era ecosystem and adapting to the digital and technological world.

However, we've personally gone a long way of investing on ourselves intellectually and otherwise in discovering of new opportunities for greater incomes which the tasks of struggles has as much had us the morale to to ignore the government, move on to life in giving those areas which the government has sabotaged and criticized trial and behold, BITCOIN was one of a great event which the government never wanted us to know the true being of its development on how it could serve as alternative means to facilitate on making payments which is far better than the banking financial system that's centralized under their control and also the fact that it could enhance interpersonal financial upgrade which means it could as well serve as investment purposes with the potentials to enrichments.
The government never gave a damn about us as much as they feel unsafe if the masses could be confident, intellectually morals and self reliance to themselves.
It's obvious that the government is being jealous with the digital technology because the masses are comfortable with it due to the fact that BITCOIN is a self moderating digital assets by which numerous individuals do have their funds saved in the digital system productively holding for source of income as investment.
The governments now fights bitcoin and the cryptocurrencies in general because it's a decentralized non custodial digit system.
Since they failed in twisting the minds of the public that bitcoin was fake and scamming scheme, they've diverted to other dimension just to hinder the bitcoin investors and those vendors accepting bitcoin for payments with a allegedly claims that bitcoin is affecting the economy growth by having effect on the devaluing of the fiat.

I actually came up with this thread after I've put to considerations in researching why most of bitcoin Investors expresses their regrets of coming late to the bitcoin industry was because of the lies laideby our governments and also why the government is being against the non custodian financial system as bitcoin and the cryptocurrencies at large is because the government have in plan to economically imprison the people in the future but was unfortunate for them that one single individual known to be Satoshi Nakamoto came to deliver the world from such disasterous plans of the government to take control over treasures of the people.