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Topic: High Profile Government In The West Will Criminalise Bitcoin (BTC) In The Next 1 (Read 317 times)

full member
Activity: 546
Merit: 100
Honestly in the things that I am notice bitcoin is already judge by the people and  government not only in West but also in more country that hates bitcoin and I really don't know the reason behind that. Thy are pointing the children who are irresponsible in buying something online but I think with a proper guidance they can easily use bitcoin in a right way and on the other hand all of us will benefited.
hero member
Activity: 2870
Merit: 574
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The United States could do this. "Think of the children!" Underage purchases, kiddie videos (don't mean the disney kind) drug purchases etc. Just because they are being done in Monero or other currencies and cash is still the primary medium wouldn't matter. I don't think Sadaam actually bought yellowcake Uranium from Africa, but that didn't stop a US invasion. No poker players believed the US would shut them out, but they did exactly that as an add on on an unrelated bill. Now sportsbetting is legal, but online poker is still illegal in most states due to a middle of the night add on in 2007.
Nah, they can say that but the illegal thing still on there and every day, the crime is happening and comes to many people in the USA.
Let's wait for what will happen in the next 12 month as the article said because of that still a prediction which we don't know it will happen or not.
Like the other, I am curious about who is the High Profile Government In The West because there are many governments from the west and we cannot say they are involved with that  Wink
jr. member
Activity: 86
Merit: 3
The United States could do this. "Think of the children!" Underage purchases, kiddie videos (don't mean the disney kind) drug purchases etc. Just because they are being done in Monero or other currencies and cash is still the primary medium wouldn't matter. I don't think Sadaam actually bought yellowcake Uranium from Africa, but that didn't stop a US invasion. No poker players believed the US would shut them out, but they did exactly that as an add on on an unrelated bill. Now sportsbetting is legal, but online poker is still illegal in most states due to a middle of the night add on in 2007.
hero member
Activity: 3304
Merit: 987
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Yeah, sounds rather unlikely to me as well. The prediction seems obsolete. Bitcoin used to be famous for being present on the Darknet and used for illegal stuff. It was like 5 years ago. Many people vouched for Bitcoin since then, many solid companies decided to accept it or at least try to make their own currencies. Blockchain is widely recognized, and cryptocurrencies are more or less legal in the Western world. If they wanted to ban, they should've done it a long time ago, before it became a multi-billion and more worth market with dozens of millions of active members.
I agree 100%. The ugly days of Bitcoin(FBI controversies etc) have passed long back and governments around the world have openly admitted to being impressed by the blockchain technology though only some openly support the cryptocurrency market while the rest try to regulate it.

These stupid articles can never bring down the king of the crypto world which organically grows in value with each passing day.
member
Activity: 952
Merit: 41
Who cares after all this is not the first this type of statement of bitcoin being use by terrorist will be made so it not a new thing.
full member
Activity: 364
Merit: 127

I was about to think which western country would criminalize bitcoin and its user but after seeing this "prediction" it's just another FUD being spread.



I don't think that there will be a country that will criminalize bitcoin. The era of Silkroad was long gone from the darknet.
legendary
Activity: 3332
Merit: 1404
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LOL, who is this "respected government in the west", and as far as I know,

Illegal Activity No Longer Dominant Use of Bitcoin: DEA Agent

Investors and Not Criminals dominate Bitcoin Transactions, Says Federal Agent

The article also mentioned something about Maduro's Petro to circumvent economic sanctions but it's pretty obvious by now that it's not working because of pressures from other countries for him to step down is gaining traction. I think this article is rubbish, sorry, but I have to say that.
Yeah, sounds rather unlikely to me as well. The prediction seems obsolete. Bitcoin used to be famous for being present on the Darknet and used for illegal stuff. It was like 5 years ago. Many people vouched for Bitcoin since then, many solid companies decided to accept it or at least try to make their own currencies. Blockchain is widely recognized, and cryptocurrencies are more or less legal in the Western world. If they wanted to ban, they should've done it a long time ago, before it became a multi-billion and more worth market with dozens of millions of active members.
full member
Activity: 924
Merit: 148
Oh lol, I thought that there is something like an interview with some secret governmental worker that will show us an insight about an upcoming drug-related laws but nope, here we just a "prediction" of one crypto-related project. Did he just throw the dice to make such prediction? Especially within only the next 12 months.
member
Activity: 280
Merit: 14
Predictions, predictions and more fake predictions I think is high time we moved pass this future predictions that most often fail. Bitcoin is here to stay and there is no stopping that
legendary
Activity: 2576
Merit: 1655
Welp. Clickbait title as expected. It's just a prediction by Nic Carter(whoever this guy is). Move along people.

P.S. Not saying that it's impossible though, as I can definitely see it possibly happening. But then again, no one knows.

The tweet:

.. snip ..

Wait, what the Nic Carter of Backstreet Boys? lol, Yeah, it's definitely a click bait and he wanted to spice some arguments as well. Maybe he wanted to be some sort of influencer specially with those kinds of ballsy prediction.  Grin
legendary
Activity: 3472
Merit: 10611
don't worry the aliens from a far away galaxy will attack us soon before that "high profile government" starts thinking about criminalizing bitcoin and we will be alien slaves by then mining minerals for their dinner and having no time to think about bitcoin anymore Wink
sr. member
Activity: 1470
Merit: 325
High Profile Government In The West Will Criminalise Bitcoin (BTC) In The Next 12 Month: Crypto Venture Capitalist

https://todaysgazette.com/high-govt-west-criminalise-bitcoin-btc-12-month-crypto-venture-capital/

criminilising bitcoin could actually help bitcoin and increase its value...
legendary
Activity: 3346
Merit: 1618
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Load of bull shit, let’s just lock the thread & leave it there.
mk4
legendary
Activity: 2940
Merit: 3883
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Welp. Clickbait title as expected. It's just a prediction by Nic Carter(whoever this guy is). Move along people.

P.S. Not saying that it's impossible though, as I can definitely see it possibly happening. But then again, no one knows.

The tweet:



Link: https://twitter.com/nic__carter/status/1105991062089142272
hero member
Activity: 2786
Merit: 902
yesssir! 🫡
Oof, This reminds of predictions from ppl who claim they have time traveled in a way that the predictions are loosely specific (like in this case, the where is pinpointed but not the who), nothing strong enough backs their statements and lastly, that attention seems to be the motive.
hero member
Activity: 2646
Merit: 548
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Already governments do the similar kind of indication. This is the only way by which governments can say bitcoin is bad. Earlier quite often similar news rolls out, more people react instantly and the market gets affected as it is completely speculative. Now people have gained good knowledge regarding the same and such kind of news doesn't make any impact on the market. I look the news same as one among that.
legendary
Activity: 3542
Merit: 1352
There are many 'high profile government in the West' but most seem to accept--if not acquiesce--the concept of crypto ruling within their countries. Also, what about NoKor owning some bitcoins? For all we know, they are also owning billions of dollars in USD and other currencies on their precious HK and offshore accounts, but why is the ban, or 'criminalization' of owning USD isn't being pushed when in fact, it contributed a whole lot more in terrorism and dirty money in general? Sorry, but the article lacked fair points to strengthen the claim.
sr. member
Activity: 1008
Merit: 355


In my own humble opinion, I think Bitcoin is already beyond that phase judging on the many interviews and comments by people who are in the high offices. People in the government of the West have already accepted of the existence of Bitcoin and in fact many of them are cooperating in making sure that the cryptocurrency marketplace can be in compliance with the laws of the land so we can also protect the interest of the investing public from the hands and eyes of the scammers and hackers just waiting to give anyone a black eye. But of course, we should not be expecting a walk-in-the-park kind of treatment here as there will always be challenges along the way.
full member
Activity: 1092
Merit: 117
I can't wait to see this, someone coming with threats against bitcoin and also doing it in front of a court. I am curious who's that misterios west government who calls itself '' high profile''. In my opinion this is all just some news spread for attention and nothing of what they say is going to happen in the next 12 months. Anyway, a judge cannot do anything against bitcoin since it is impossible to stop people using bitcoin.
legendary
Activity: 3080
Merit: 1353
LOL, who is this "respected government in the west", and as far as I know,

Illegal Activity No Longer Dominant Use of Bitcoin: DEA Agent

Investors and Not Criminals dominate Bitcoin Transactions, Says Federal Agent

The article also mentioned something about Maduro's Petro to circumvent economic sanctions but it's pretty obvious by now that it's not working because of pressures from other countries for him to step down is gaining traction. I think this article is rubbish, sorry, but I have to say that.
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