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Topic: If bitcoin has enemy (except altcoin) what is it? - page 2. (Read 3163 times)

full member
Activity: 134
Merit: 147
Aside from governments. It's banks. They do not want to decentralize anything.
hero member
Activity: 840
Merit: 516
You can tell me anything what's bitcoin worst enemy is...

Mine is, government!
I agree with you because bitcoin is decentralized it means no one controls it and the  government are afraid to lose control of people who want to use bitcoin and they can easily ban bitcoin in your country and if you disobey the law you will be arrested
Yes I also think the same. Decentralization is the main thing which the governments most dislike in bitcoin because of the no hold over it. There are other strong people behind bitcoin who do not want bitcoin to promote among the people.

The reason I don’t know but may they have their own benefits behind this game. But eventually they will all fail and bitcoin will conquer the world in the future.
full member
Activity: 169
Merit: 100
The government and the Central Banks are the worst enemies of bitcoins . Even though , many countries has legalised bitcoins but still no country wants to accept it as a primary form of currency because no country wants the loss of their currency and funds.
Bitcoins gives threat to Central Banks because bitcoins are purely decentralized and backs has no control over them .The popularity and legality of bitcoins will lead to a huge loss for the Central Banks and they will never let that happen. Bitcoin is a threat to the cliche form of finances.
hero member
Activity: 1092
Merit: 501
Like everybody worst enemy it is our self and bitcoin worst enemy is bitcoin, if there no development improvement and innovation in bitcoin it will stuck on it and users will switch to other crypto. I dont think that government are one of the worst enemy of bitcoin as the government duty is to make and impose the law for the better of a nation. Banks are not the enemy also as bank has establish their reputation long time ago.
Governments are the worst enemies of bitcoin, while in theory governments should strive to improve the country, the truth is that most governments only exists to serve themselves and they are trying to impose their rules not to benefit the population but to benefit themselves, this is why they do not like bitcoin, because bitcoin benefits the population but not them.

i imagine if government is accepting bitcoin and they can learn and they can integrate with blockchain technology into their technology, it would be great for people. governments can fix the economy to the better system while people can solve the poverty beside that with bitcoin, i think in the end, both government and people can be grow to the better system economy.
This is what governments should strive for, but we must not forget that governments are made of people and most of the time people have reason to be in the government that has nothing to do with public service, it has to do with furthering their own interest and most of them would gladly sell the country as long as they are able to get benefits from it, this is why bitcoin is great, it is trustless, you do not have to trust in big daddy government to do the right thing for you.
full member
Activity: 784
Merit: 112
You can tell me anything what's bitcoin worst enemy is...

Mine is, government!
I agree with you because bitcoin is decentralized it means no one controls it and the  government are afraid to lose control of people who want to use bitcoin and they can easily ban bitcoin in your country and if you disobey the law you will be arrested
sr. member
Activity: 553
Merit: 250
Everyone will try to make better coins and beats bitcoin, I think it's natural, of course if altcoin is better than bitcoin then bitcoin will be abandoned.
full member
Activity: 126
Merit: 100
Back from Vacation!
Frankly agree, governments and banks. They have been trying for ages to control and are trying helplessly to find ways to regulate bitcoin. They have seen the craze for bitcoin, due to fast transactions and anonymity and decentralized nature, they realized that no one can interfere in bitcoin transactions and/or intercept them. They have realized that blockchain is the better and more secure way to go, but due to their wish of making profits, they are trying to hurt the value of bitcoin by various gimmicks.
full member
Activity: 476
Merit: 103
For me country like China and North Korea are the biggest enemy of bitcoin because they ban bitcoin and after some time it might happen that they announce their own crypto currency in the market.
Ctn
sr. member
Activity: 644
Merit: 259

You can tell me anything what's bitcoin worst enemy is...


Mine is, government!



Very interesting question you have asked here. Well, according to me I will think of those users who get panicked in the situation of bitcoin bad news and make the situation even worst than before. Lols. Yes they are the real enemy according to me because they make I very unstable currency and fluctuate it very much quickly than anything in this world. If they would keep the faith in bitcoin then it can not fall like that and will keep rising in the future and we can have stable investments.

newbie
Activity: 83
Merit: 0
It is visible that governments have difficulty with bitcoins. So they surely are one enemy. Others are money launders, drug sellers and terrorists if they are using bitcoin.
hero member
Activity: 770
Merit: 500
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
Government/bankers can be a hard enemy for it going mainstream, as BTC will steal much power from them in the form of control and taxes.

But I think crime and illicit activities also is. It is true that you can do bad things with fiat too... but if Bitcoin is a first choice for criminals that will make the public have it in a very negative light.

legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
It would be the whales controlling the price of bitcoin by spreading fud to bring the price down or hype to bring the price down, whichever fits their needs. Bitcoin is very volatile because of them.
At times bitcoin seems fluctuating in a much larger scale. This too can't be predicted as an outcome from the whales, because price has begun to grow with regards to the adoption level along with circulation. So, very rarely the price manipulation is done by the whales who hold large sum of bitcoins.
full member
Activity: 1050
Merit: 109
1xBit.. recovered their reputation
the government and the bankers, I think these two are bitcoin enemies and sooner or later they will be aggressively attacking Bitcoin and the community ..
hero member
Activity: 588
Merit: 500
You can tell me anything what's bitcoin worst enemy is...

Mine is, government!

I'd agree with you on government. Recently we've seen the Chinese government come out with some pretty strict regulations that are killing the bitcoin exchange market in China(of course, everything can be done on localbitcoins instead).

Another huge one is ignorance of the problem of centralization in the general population.

They don't seem to know what bitcoin is all about or why it is so necessary. To achieve mass adoption, we need to raise awareness first.
full member
Activity: 434
Merit: 168
You can tell me anything what's bitcoin worst enemy is...

Mine is, government!
I think altcoin  is friend of bitcoin becuase altcoin is a way to trade some coins in bitcoin so thats why the value of bitcoin totally increasing but the enemy of bitcoin is goverment becuase many goverment banning the bitcoin.
I agree with you because of many altcoins the value of bitcoin is became strong and high and yes many goverment ban the bitcoin bevuase they did not control the bitcoin so thats why they illegalized the bitcoin in their country.
full member
Activity: 420
Merit: 101
You can tell me anything what's bitcoin worst enemy is...

Mine is, government!
I think altcoin  is friend of bitcoin becuase altcoin is a way to trade some coins in bitcoin so thats why the value of bitcoin totally increasing but the enemy of bitcoin is goverment becuase many goverment banning the bitcoin.
newbie
Activity: 32
Merit: 0
You can tell me anything what's bitcoin worst enemy is...

Mine is, government!

I think bitcoin's worst enemy is the Internet. If you shutdown the Internet it will kill the bitcoin  Grin

But the worst enemy of the Government and banks is Bitcoin  Grin
full member
Activity: 644
Merit: 107
the biggest enemy of bitcoin in my opinion is the bank, because banks are under the government restrictions. The government can ban bitcoin anytime in our country. For example is the country of China, but behind it all there will be something good.
hero member
Activity: 1148
Merit: 504
It would be the whales controlling the price of bitcoin by spreading fud to bring the price down or hype to bring the price down, whichever fits their needs. Bitcoin is very volatile because of them.
MiF
sr. member
Activity: 1442
Merit: 258
Reward: 10M Shen (Approx. 5000 BNB) Bounty
You can tell me anything what's bitcoin worst enemy is...

Mine is, government!

Bitcoin enemy are those against bitcoin progress like China's threat of banning bitcoin, altcoiN and ICO. Then here also JP Morgan who is always attacking and criticizing bitcoin thru media. Then by these situations im afraid every government of all nation will be affected and may influence by these critics who only think of themselves not the very good welfare of the people.
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