Topic: Is the government really scary? - page 17. (Read 4200 times)
Keep them on a cold wallet or even better a hardware wallet. But if they come knocking on your door then that's a different case. You can't answer this question in relative to the entire planet. You have to answer in specific to a nation. Each nation has their own government officials and they are different from others. Some government are more corrupted than others. I'm positive just about all government has a little bit of corruption. The fact that it's a decentralized currency helps make it harder for the government to influence you.
Maybe the government are totally scared when bitcoin get legalized in a particular country because we all know that not all people can access bitcoin, and also using bitcoin as their currency is not going to have a tax that's why government are afraid to legalized it.
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.
Different governments in different countries. In my country, the government is not good leading to the country can not be rich. But some wealthy countries such as Japan, Japan are good governance and use taxpayers' money to develop the country more than corruption.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 still want to support my government and hope that the country can make the best change possible in the future.
The government can not control bitcoin and therefore the government refuses it. Probably because the upper class can not manipulate bitcoin, so many countries do not accept bitcoin.
every country wants active policies and interventions in building economic sovereignty, and also serves to maintain national economic stability, if they present bitcoin as a legitimate payment instrument without strong regulation, it is feared to be damaging because there is no strict supervisory factor, if the state is no longer have the power in economic control, it is certain that everyone will become out of control, so this is not a factor of fear, they actually give appreciation, but have not been able to formally bind cryptocurrency in legality.
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.
The government can not control bitcoin and therefore the government refuses it. Probably because the upper class can not manipulate bitcoin, so many countries do not accept bitcoin.
There may be some governments that are afraid of banning bitcoin in the country because they think bitcoin will make their chaotic economy. Therefore they prefer to ban it in the appeal to use it.
As for me it is very scary because it can apply any possible rule to crypto and affect it in a very serious way.
The best way to deal with your fears is to face them squarely so what the government needs to do is to face cryptocurrency go to the negotiation table and find how how best the government and the cryptocurrency can best find solutions to the ever growing industry. This is because if the government refuse to find innovative ways and may partner with cryptocurrency, the bans will definately not work as cryptocurrency guys are more smarter.Soon the government will be taken out of the picture and at that point,it will be too late to do anything.
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.
There are many different countries with their manny different governments. In my particular one, I think that they are really not interested in crypto after all. 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 never thought Vietnam was so serious.Does 99% not trust their government?This is too high an estimate.On the account of the crypto currency then everyone wants to enrich their pocket.Therefore, the best way out of this situation is to legalize the cryptocurrency and the taxation of transactions made.All goes to this
I think they are afraid because they have no control in blockchain, If the Government not control they have no money to get example taxes, but government official can pass the law to give the taxes to people who used bitcoin in every transaction.
That is true, technology is developing with every day, the same is with crypto so goverments in future could find a way to control transactions in crypto and change the law to take something for them, for me it will be first change which will make crypto more spread around the world. 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.
If you go to school and study economy I think you know why every government, not only your government, being wary at cryptocurrencies. They have to think what if something bad happen, that's what government for.
This was however the cryptocurrency started, no government was offered their facilitate to support the cryptocurrency for its growth and therefore the time came that the deal it badly by forbidding it and making a FUD against it simply to prevent the quick growth of crypto. however the motivation did not stop and therefore the results were nice as a result of currently some countries ar in favor of crypto and bitcoin is leading the expansion.
That's a communist mentality. Yes governments have imperfections ans there are several officials seated on government position that doesn't deserve it but you should not blame the government system because of an individuals wrong use of power.
Governments has rules and laws to protect their people and the country.
Well unless you are governed by a dictator.
Governments has rules and laws to protect their people and the country.
Well unless you are governed by a dictator.
Governments is scary because they don't know how to get tax from crypto currencies and how to set up a tax reforms on it since they all belong to traditional taxing and money management. Yes, the government is scary because the financial institutions are making false statements and giving baseless acquisitions about crypto to governments to make their business safe.
Well, I can't agree with that statement, at least not in full.
Governments do know how to tax Bitcoin and other cryptocurrencies and in most countries they do. You have to pay tax on Bitcoin transactions, there is nothing new about that.
What is currently an issue is regulation. This is something that might help to treat cryptocurrencies in right way but many governments don't have clear idea yet how this should look like.
So there is certain fear especialy regarding illegal use and black economy but this is something that to my opinion will be solved soon.
Governments is scary because they don't know how to get tax from crypto currencies and how to set up a tax reforms on it since they all belong to traditional taxing and money management. Yes, the government is scary because the financial institutions are making false statements and giving baseless acquisitions about crypto to governments to make their business safe.
1 lesson that i've learned about this, most of us sometimes fear about something that we can't have control about it. This is happen to those government who ban Bitcoin, they are welcome about new technology but they can't controlling us 
. That's why with Bitcoin wallet we are becoming our personal bank, we controlling our money and fee tx. Freedom.
. That's why with Bitcoin wallet we are becoming our personal bank, we controlling our money and fee tx. Freedom.
I believe the government is really scary with the way bitcoin came and dominated the market and if allowed it will actually put fiat money into extinction, now that's not what the government wants because that will be bad business for them. The government are actually making profits out of fiat because of the policies they put in place and even making it inaccessible for the masses.
I think it is very wrong or misleading to think about such a government. I'm not saying that I support the government but I say that because if the government exists then only we can see little light in the country or the big infrastructure and all the facilities around us. I think it's more perfect if we work with them always.
It is in some way true but for me goverments don't see the point of using crypto and unfortunately for us we will need to wait some more years till their see those aspects, for me in next 3 years some changes will be made, i have a hope that it will be changes for better market and legal use of every coin. 
Government is scared because government believe that Bitcoin will encourage the illegal activities,Being optimist Bitcoin will be helpful for economy and common people.Bitcoin will help to connect globally and make easy way for financial activities overall the globe.Bitcoin and Government is best combination so Government must take it positive and focus on the positive side of Bitcoin.
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