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Topic: Government fears Bitcoin - page 5. (Read 923 times)

member
Activity: 210
Merit: 10
https://eloncity.io/
April 22, 2018, 04:28:11 AM
Yes, I think Governments are afraid to visit the cryptocurrency itself, and that it's decentralized. Gives out there they will be able to lose control over the movement of funds and the welfare of their citizens. And, of course, they're trying to stop it.
hero member
Activity: 1904
Merit: 510
April 22, 2018, 04:13:43 AM


not completely true, some of your opinions i disagree. but any such restrictions are always accompanied by the words of related parties, that bitcoin is a bubble and a ponzi scheme. this is the most efficient benchmark to influence the wider community for the mission to destroy bitcoin. but until now bitcoin has been running for more than a decade. this is a fact
full member
Activity: 406
Merit: 121
April 22, 2018, 03:55:38 AM
Crypto Currency is like a Sun powering up the people all around the globe who wants to change the world who are passionate enough to bring changes.

“It’s the top notch opportunity for reaching to the financial freedom”
That’s the reason some governments don’t approve Bitcoin because they already know the Strength of new decentralised digital currency market,if it goes up then the government will have to come down.

It’s just my opinion about Bitcoin ban
What are your thoughts?

Well without support of governments it will be impossible for bitcoin and any other digital currency to be accepted as mainstream and governments are only banning it because it is too much speculative and it can not be regulated.
newbie
Activity: 95
Merit: 0
April 22, 2018, 03:49:59 AM
The government’s ban will cause the Bitcoin trading platform to close.
However, due to the unique nature of Bitcoin, it provides an excellent channel for officials from various countries to take bribes, launder money, and transfer assets overseas. In particular, under the general trend of official disclosure of property by national officials, Bitcoin provided a very good way of anonymously holding large assets.
From this perspective, there may be officials who actively promote the legalization of bitcoin.
Or incorporated into regulation
full member
Activity: 392
Merit: 100
April 22, 2018, 03:49:45 AM
They fear it because of the risk involved which is anonymous transactions...
sr. member
Activity: 616
Merit: 250
April 22, 2018, 03:49:16 AM
Crypto Currency is like a Sun powering up the people all around the globe who wants to change the world who are passionate enough to bring changes.

“It’s the top notch opportunity for reaching to the financial freedom”
That’s the reason some governments don’t approve Bitcoin because they already know the Strength of new decentralised digital currency market,if it goes up then the government will have to come down.

It’s just my opinion about Bitcoin ban
What are your thoughts?

I think to be afraid not but maybe the government is still confused to publish or formalize bitcoin as a legitimate currency because it requires a fairly difficult process because not everyone knows and knows bitcoin
member
Activity: 534
Merit: 19
April 22, 2018, 03:41:44 AM
Crypto Currency is like a Sun powering up the people all around the globe who wants to change the world who are passionate enough to bring changes.

“It’s the top notch opportunity for reaching to the financial freedom”
That’s the reason some governments don’t approve Bitcoin because they already know the Strength of new decentralised digital currency market,if it goes up then the government will have to come down.

It’s just my opinion about Bitcoin ban
What are your thoughts?

In my own opinion, government fears bitcoin because of it unstable price and tax evasion problem. But I guess governments shall accept it because of its accessibility and easy usage and thats what people wants right now.
member
Activity: 294
Merit: 10
April 22, 2018, 03:33:34 AM
It's a very true that some government fears bitcoin. The truth is that bitcoin will always have its way. Even the government tries to ban bitcoin, many people will surely try another ways to access and mine bitcoin.
newbie
Activity: 224
Merit: 0
April 22, 2018, 02:55:53 AM
Well, in my opinion, they certainly have positive thoughts and perceptions about bitcoin and blockchain. However, they have many problems worrying about it. Tax evasion, crime and security. These are very important issues when comparing the benefits of bitcoin and the balance of the economy. I hope there will be an optimal solution in the future to connect bitcoin and crypto in ecosystems from national governments.
full member
Activity: 728
Merit: 103
April 22, 2018, 02:50:51 AM
Financial freedom is what many of us dream of, especially those that live in countries filled with corruption and embezzlement. Venezuelan's are desperate for a new currency, bitcoin will be big there and perhaps even the petro. Governments will always fear what they cannot control
member
Activity: 336
Merit: 10
April 22, 2018, 02:35:49 AM
The best enemy of the bitcoin is the governement they want to make the bitcoin stop. They will create a news that bitcoin is bad for the user. They can make the user terible. So the weak people scared about the news but the believer still earning.
member
Activity: 238
Merit: 11
April 22, 2018, 02:24:39 AM
The government will sooner or later release its own crypto currency, only with a huge number of restrictions. People will be distrustful of state contracts, and "smart" contracts on banned crypto currency will become the prerogative of the black market.
member
Activity: 406
Merit: 10
April 22, 2018, 01:05:31 AM
Yes. Government fear bitcoin, because they afraid about banking sector and fiat currency.bitcoin is a decentralized currency.people use bitcoin so easily and its transaction system are so smooth.also government have no authority to control bitcoin.
sr. member
Activity: 742
Merit: 253
April 22, 2018, 12:04:10 AM
Yes, of course, government does. At least until they arent able to control everything in crypto... It's a question of the time cos they have started to own it.
slowly the government will begin to control the use of bitcoin and crypto and begin to legalize it. because the government knows if they can control its use it could be one big advantage financially. and can improve revenue for the country. and legalisasipun will benefit many parties
newbie
Activity: 92
Merit: 0
April 21, 2018, 11:51:42 PM
Crypto Currency is like a Sun powering up the people all around the globe who wants to change the world who are passionate enough to bring changes.

“It’s the top notch opportunity for reaching to the financial freedom”
That’s the reason some governments don’t approve Bitcoin because they already know the Strength of new decentralised digital currency market,if it goes up then the government will have to come down.

It’s just my opinion about Bitcoin ban
What are your thoughts?


you are absolutely right, because I think a system that can not be controlled by an agency would threaten the institution itself, especially the financial field would have an impact on the state financial institutions that benefit from its economic monopoly, blockchain (cryptocurrency) free us from the old system that can only utilized by some people ,,, it's time to reach financial freedom
member
Activity: 210
Merit: 15
April 21, 2018, 11:15:57 PM
Crypto Currency is like a Sun powering up the people all around the globe who wants to change the world who are passionate enough to bring changes.

“It’s the top notch opportunity for reaching to the financial freedom”
That’s the reason some governments don’t approve Bitcoin because they already know the Strength of new decentralised digital currency market,if it goes up then the government will have to come down.

It’s just my opinion about Bitcoin ban
What are your thoughts?

Well the industry is growing and governments fear it because they dont have any control over it. They also fear that bitcoin will be used for illegal activities like money laundering, finance terrorist or use to purchase arms and weapons.
newbie
Activity: 182
Merit: 0
April 21, 2018, 11:13:03 PM
I think government does not fear bitcoin. They are just concern about what will be the affect of bitcoin in the country. Many people got scam because of bitcoin and I think they are just also concern to the people.
newbie
Activity: 211
Merit: 0
April 21, 2018, 11:04:42 PM
Bitcoin is hated or feared by the government because its value is easily controlled / manipulated by third parties such as the Mafia, for example: entrepreneurs. Bitcoin will be responsible for changing the way governments try to run the economy, and can even change the way our economy functions by altering basic savings behavior. Governments around the world are afraid every time they are faced with this out-of-control phenomenon that they are worried about because the crypto market does not move naturally.
newbie
Activity: 28
Merit: 0
April 21, 2018, 10:59:55 PM
Maybe the government is afraid of Bitcoin because it is a decentralized digital currency, and no one can control it. That means the government will lose control of people and money, and they do not want it. Borcoin has become a cryptocurrency accepted worldwide as a means of payment, it will reduce the intermediary system resulting in the loss of the rich by stealing money through bank people.


Youre right .. Now i know why Goverment banned in other country
newbie
Activity: 28
Merit: 0
April 21, 2018, 10:56:16 PM
Crypto Currency is like a Sun powering up the people all around the globe who wants to change the world who are passionate enough to bring changes.

“It’s the top notch opportunity for reaching to the financial freedom”
That’s the reason some governments don’t approve Bitcoin because they already know the Strength of new decentralised digital currency market,if it goes up then the government will have to come down.

It’s just my opinion about Bitcoin ban
What are your thoughts?



I like youre opinion .
For me goverment fears bitcoin because people who knows the bitcoin is becoming rich . People who rich didnt not work on goverment . Didnth pay the tax for goverment . Goverment become rich because peoples pay the tax .

Sorry for my english
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