Topic: Government trying to stop bitcoin, what I see - page 8. (Read 1661 times)
The government may ban Bitcoin in their country, but they can not ban their people from participating in Bitcoin. In my country, the act of issuing, providing, using illegal means of payment (including Bitcoin and other similar virtual currency) is considered illegal and may be prosecuted. But let's look at how we stay active and more and more people know about Bitcoin. This world is growing by technology and Cryptocurrency is an example.
There are some countries that don't like the idea of allowing a decentralized cryptocurrencies because they are not yet prepared for it. These countries are mostly in the third world where their economy is not yet stable. Other kind of government that doesn't are socialist type like China and they instead support any coins that are created by them. But not all governments are against bitcoin because some of them have already legalized it.
Here is what I see each time the government tries to stop or control bitcoin-
Bitcoin is designed to be censorship resistant, peer-to-peer payment system designed to remove the control by centralized institutions like banks . When bitcoin eventually achieve mass adoption, it will not really be much of an issue if some Governments place a ban on it within their countries.
Bitcoin is designed to be censorship resistant, peer-to-peer payment system designed to remove the control by centralized institutions like banks . When bitcoin eventually achieve mass adoption, it will not really be much of an issue if some Governments place a ban on it within their countries.
That is not a surprise and they are trying to do that through media and many sources most of the time but what they haven't understand that how can they control a decentralized currency. Because if they wants to stop a fiat currency or a social media site they can just take down there system through politics or lows but for bitcoin the core network is not centralized to any organization or a group of people so they can make bitcoin holders to fear and sell there assets or make some local restrictions but other than that nothing can be done until we have faith in it and that is the most important fact that can decide the bitcoins future
This pic is ban on bitcoin, most of the govt have already ban bitcoin but this is not making it unpopular among the common people rather people are heavily buying bitcoin at this price, within one year bitcoin may see the new height and govts may see one anothers months open with surprise, if some technology is giving common people another reason to live why govts are against it and that too when these govts have not done anything exceptional about the common people, what is wrong with bitcoin, ahh pls do not talk me about money laundering, I can only accept it if it did not exist before bitcoin.
I think it's true Buying Drugs with Bitcoin. And for this reason Bitcoin has been banned in our country.
I think it's something bad people do. so it happen Government trying to stop bitcoin.
I think it's something bad people do. so it happen Government trying to stop bitcoin.
i think some country governments trying to stop bitcoin.not all country in the world. because they know bitcoin don't control possible by government . but we are hoped that bitcoin will be more stronger in future.
We can say with confidence that bitcoin will take its place in the economy, but now while Fiat time, and so the authorities are trying to extend this time.
The authorities want to stop the bitcoin, because she wants to control him. This is already an old story. Nothing in them will not work out.
Yes, other country trying to stop the bitcoin. Because bitcoin is an individual thing to earn money and also it has no taxes. And government cant control how bitcoin flows. So the only think that they can do, is to stop it buy using their position.
It is true that some governments are protesting against BTC. They are doing so as BTC is independent and no one can control it. Yes it is true that its use may be regulated, but controlling it is totally different thing.
I'm not sure what the government is doing is right or wrong but I think there must be a reason for the government to do so.
yes you are right there are so many governments from various countries who want to try to stop the circulation of bitcoin and try to break down the price of bitcoin and of course it will be very difficult because the demand for bticoin will be higher and the government will definitely fail to bring down the price of bitcoin.
Every governments has the right on what to provide for their people,and if they see a threat to their people then they will stop this from happening
This is a sad part because these governments dont see the positivity about the cryptocurrency and all they saw is the bad side,they dont even see the benefits from the adaption of this great coin
This is a sad part because these governments dont see the positivity about the cryptocurrency and all they saw is the bad side,they dont even see the benefits from the adaption of this great coin
If even goverments want to stop Bitcoin, then they get it badly. States recognize Bitcoin and this is of great importance. I think in the future goverments will use Bitcoin.
all possibilities can occur and no one can know for certain in my country cryptocurrency has not been recognized as an official currency that can be used in a real economic system today even banning transactions directly using cryptocurrency
If even goverments want to stop Bitcoin, then they get it badly. States recognize Bitcoin and this is of great importance. I think in the future goverments will use Bitcoin.
all possibilities can occur and no one can know for certain in my country cryptocurrency has not been recognized as an official currency that can be used in a real economic system today even banning transactions directly using cryptocurrency Here is what I see each time the government tries to stop or control bitcoin-
Bitcoin is designed to be censorship resistant, peer-to-peer payment system designed to remove the control by centralized institutions like banks . When bitcoin eventually achieve mass adoption, it will not really be much of an issue if some Governments place a ban on it within their countries.
Actually, it is just the beginning, when all of people in the world already know what bitcoin is? how does it work? and what is the benefit to use it? then we don't need banks anymore. We can do transaction around the world just using one currency, Bitcoin. Look how easy it is? Bitcoin is designed to be censorship resistant, peer-to-peer payment system designed to remove the control by centralized institutions like banks . When bitcoin eventually achieve mass adoption, it will not really be much of an issue if some Governments place a ban on it within their countries.
No one from any where can stop bitcoin but they will make rigid policies so the people will hesitate crypto and in these days people are hesitating bitcoin because of this while i is seen that we can also make money with this and government want s to check over this. SO people are also worry because if government check this then it will impose some taxes over it.
It can be said that it will be difficult if you have to stop bitcoin, and I think it takes time and more sophisticated technology. But what kind of technology can stop bitcoin? I guess it's still not found.
Government always try to kill bitcoin but i think even they can ban bitcoin all over the world, they can never stop the use of bitcoin
Here is what I see each time the government tries to stop or control bitcoin-
Bitcoin is designed to be censorship resistant, peer-to-peer payment system designed to remove the control by centralized institutions like banks . When bitcoin eventually achieve mass adoption, it will not really be much of an issue if some Governments place a ban on it within their countries.
Bitcoin is designed to be censorship resistant, peer-to-peer payment system designed to remove the control by centralized institutions like banks . When bitcoin eventually achieve mass adoption, it will not really be much of an issue if some Governments place a ban on it within their countries.
That is not a surprise and they are trying to do that through media and many sources most of the time but what they haven't understand that how can they control a decentralized currency. Because if they wants to stop a fiat currency or a social media site they can just take down there system through politics or lows but for bitcoin the core network is not centralized to any organization or a group of people so they can make bitcoin holders to fear and sell there assets or make some local restrictions but other than that nothing can be done until we have faith in it and that is the most important fact that can decide the bitcoins future
How can we be so sure the government is against crypto? Maybe they’re just doing their jobs in ensuring that we stay protected and that order in society can be maintained. We can’t just expect them to give the green light right away. Be glad they’re using their minds and not saying “yes” right away because it’s expected of them. Who knows, maybe we could find harmony one day and that the government and these new technologies can co-exist?
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