Topic: Is the government really scary? - page 10. (Read 4200 times)
I think the government is afraid of the crypto currency because they can not control it and will also bring down their country's economy, maybe they think like that. Though not necessarily the currency crypto drop the economy of their country.
IMO this is sort of FUD, they can't handle it if that is what's people want and people obviously need crypto as we saw from key search stats. About ICO investment, have you heard about quantum project Kelvin Blockchain? What's you thoughts on this? I'm willing to invest in it and waiting for your feedback 
Many people say the government is not interested in cryptocurrency. Many people think the government has prohibit
crypto to protect investors from risks. Maybe in your country, that's true. But in some countries, especially developing countries, the government just wants to rob your assets. They rob publicly, lawfully and as much as possible. they are really bandits.I'm not afraid what they do. Because we have many ways to fight them. But this world is not as simple as you think.They can kill you if you are demonstrating.
You can ask any vietnamese that : Do you support your government ? I bet 99% answer is never. 1% remaining I'm sure they are goverment employee or their family.
crypto to protect investors from risks. Maybe in your country, that's true. But in some countries, especially developing countries, the government just wants to rob your assets. They rob publicly, lawfully and as much as possible. they are really bandits.I'm not afraid what they do. Because we have many ways to fight them. But this world is not as simple as you think.They can kill you if you are demonstrating.
You can ask any vietnamese that : Do you support your government ? I bet 99% answer is never. 1% remaining I'm sure they are goverment employee or their family.
It seems to me that the Government is afraid of bitcoin because they want to avoid some illegal activities of people who used it. People used it to scam other people, fraud and used it improperly. So we can not blame the Government if they need to think twice before accepting bitcoin in their country. They has a reason for it. So, we need to prove that even though it can used for illegal activities still we can used it in proper way.
I'm sure the main reason the government is afraid of bitcoin and cryptocurrencies is that it's prone to being used for illegal transactions including money laundering, I'm sure that if it's legalized, the state loses potential people who paying taxes.
Bitcoin was decentralized and government cannot imposed a tax or a law by cryptocurrency.Yes they are scary because they want to regulate bitcoin and there are some instances that they will ban it in our country.It was unknown by them of how we made transactions by crypto they want to know it better.
Governments and banks are really afraid of bitcoin because the bank can not control the bitcoin as well as the bank will lose the task of financial intermediaries. Bitcoin operations will detain earnings for the bank. their income
The government can just implement regulations and can impose the policy of taxation. If the taxes are progressive, you might have to pay tax from every rising dollar your portfolio gain. So this is of course discouraging and it might reduce the demand for crypto but have faith for the government will never monopolize the market because it would result in the loss of money invested by the citizen which means a deficit of the government’s current account. 
Yes government is really scared of bitcoin because it has no control or say over it. Person using bitcoin is his own head and is not answerable to anyone else. Bitcoin is developing rapidly these days and bitcoin is scared of it as bitcoin is stepping into government shoes. And somehow government is also scared of the negative effect of bitcoin like it's illegal use.
The government can not resist cryptocurrency because they know how good and beneficial it is ,the problem is that they are afraid of the negative effect of the community in their countries.
Bad government behavior or bad news can lead to a sharp drop in the price of crypto, which is supposed to protect investors, but in the end is investors' loss.
Many people say the government is not interested in cryptocurrency. Many people think the government has prohibit
crypto to protect investors from risks. Maybe in your country, that's true. But in some countries, especially developing countries, the government just wants to rob your assets. They rob publicly, lawfully and as much as possible. they are really bandits.I'm not afraid what they do. Because we have many ways to fight them. But this world is not as simple as you think.They can kill you if you are demonstrating.
You can ask any vietnamese that : Do you support your government ? I bet 99% answer is never. 1% remaining I'm sure they are goverment employee or their family.
crypto to protect investors from risks. Maybe in your country, that's true. But in some countries, especially developing countries, the government just wants to rob your assets. They rob publicly, lawfully and as much as possible. they are really bandits.I'm not afraid what they do. Because we have many ways to fight them. But this world is not as simple as you think.They can kill you if you are demonstrating.
You can ask any vietnamese that : Do you support your government ? I bet 99% answer is never. 1% remaining I'm sure they are goverment employee or their family.
No government would resist the cryptocurrency because they know how good and beneficial is this,the only problem is the policy,they are afraid of what is the negative effect of this community to their countries,but in totality all of them needed crypto.if the highest technology country in the world japan accepted bitcoin.what more the others
The governments which are currently against crypto will also start supporting it as soon as they realize the benefits. No country would like to be left out.
GOVERNMENT ONLY TAKE DECISION AND I THINK IN FUTURE IT WILL BE WITH CRYPTOCURRENCY.
FoR MORE ViSiT Crypto Bulls Exchange https://www.cryptobulls.exchange/
FoR MORE ViSiT Crypto Bulls Exchange https://www.cryptobulls.exchange/
Governments portray Bitcoin as if it was an investment portfolio with the highest risk of our time, hence the reason behind the ban in certain countries. The truth is, the governments are scared of the technology behind Bitcoin as it takes the power back to the people through its decentralized nature. Governments do not have absolute control over the transactions of Bitcoin and as such intends to halt every transactions with it through the ban and setting of regulations.
There are so many reason why governments banning bitcoin in their country just like for example of the risk of illegal activities. In my country philippines bitcoin is known by the government but like you have said they are warning people to avoid the risk of loosing money. by this warning they aware of cryptocurrency activities. Also banks here are planning to adopt blockchain technology.
I don't think that government is scary. they ban the cryptocurreny because they fear that their citizens will suffer losses. in my country there are no official rules that prohibit investing in cryptocurrency so we are still free to invest and trade in cryptocurrency. and also free to join the ICO project.
Well I don’t think they are thinking like this way. No, these politicians come into power just to fulfill their own desires and to fill out their empty pockets. They don’t really care about the benefits of their citizens. So, don’t just make this point. We believe that the system will become transparent once bitcoin would come into official world, so they can’t do corruption.Not all , I still believe that there still a good people who are in the government that really care to us, this is the reason why they do their best for the growth of the economy.
I support the government, and I am not part of them
actually if the law is enforced then the government will not be able to commit theft or corruption, I think if corruptors are sentenced to death then no one will dare to corrupt.
The only thing which is creating a lot of doubts in the minds of the government is the decentralized nature of the bitcoin and rest all other crypto currencies as this is something which cannot let government to take control over these crypto currencies and that the government cannot ask the citizens to pay any kind of taxes or anything like that. This is creating some confusion and that the government is not able to make a decision. actually if the law is enforced then the government will not be able to commit theft or corruption, I think if corruptors are sentenced to death then no one will dare to corrupt.
I don't think that government is scary. they ban the cryptocurreny because they fear that their citizens will suffer losses. in my country there are no official rules that prohibit investing in cryptocurrency so we are still free to invest and trade in cryptocurrency. and also free to join the ICO project.
Well I don’t think they are thinking like this way. No, these politicians come into power just to fulfill their own desires and to fill out their empty pockets. They don’t really care about the benefits of their citizens. So, don’t just make this point. We believe that the system will become transparent once bitcoin would come into official world, so they can’t do corruption.
Well, that is all because some governments are refusing to accept the potentials of cryptocurrencies. They only look at the risk aspect. My mate, they are not protecting their investors in any way. I decide what to invest my money into. They are only scared of the threat crypto posses to their economy and their bad centralized systems. In as much as crypto is risky, it can make you rich just in one day. You just wake up and realize that an amount which will yield less than 1% if invested into a centralized bank has now yielded 100% profit in crypto investment. We all know the risk ratio and still love crypto.
Many people say the government is not interested in cryptocurrency. Many people think the government has prohibit
crypto to protect investors from risks. Maybe in your country, that's true. But in some countries, especially developing countries, the government just wants to rob your assets. They rob publicly, lawfully and as much as possible. they are really bandits.I'm not afraid what they do. Because we have many ways to fight them. But this world is not as simple as you think.They can kill you if you are demonstrating.
You can ask any vietnamese that : Do you support your government ? I bet 99% answer is never. 1% remaining I'm sure they are goverment employee or their family.
I know from my personal experience that government can be a very scary and when the different things started to take place in India I have just moved out to my parents in Los Angeles, so I would not be affected. crypto to protect investors from risks. Maybe in your country, that's true. But in some countries, especially developing countries, the government just wants to rob your assets. They rob publicly, lawfully and as much as possible. they are really bandits.I'm not afraid what they do. Because we have many ways to fight them. But this world is not as simple as you think.They can kill you if you are demonstrating.
You can ask any vietnamese that : Do you support your government ? I bet 99% answer is never. 1% remaining I'm sure they are goverment employee or their family.
I am not sure if the government is not interested in cryptocurrency. If anything, I think they are more interested in getting into cryptocurrency because they would want control over it. The digital currency is enticing, because it runs on blockchains.
Jump to: