Is the government really scary? - page 19.

Redhead5

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Activity: 210

Merit: 1

Quote from: ngano ba on July 25, 2018, 06:13:58 AM

No ,the government is not so scary , they are just implementing the rules of the land, in bitcoin they just want to be transparent ,and they want bitcoin to be regulated in the case the bitcoin will become legit.

Yes, for me the government is nothing to scary about bitcoin prosper because it helps the people to earn huge income. And in this way it will help to grow economic of the country because people can afford to buy with something they needed with taxable transaction. So it is in great helps of economic improvement the existence of bitcoin in each countries and nothing to scary about it.

diodorako

newbie

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It is very hard to agree to major changes. If crypto replaces banks, it will make the governments very weak as they have almost no control on crypto.

Tukang Becak

hero member

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Quote from: onrise on July 24, 2018, 11:32:50 AM

Quote from: Aris novianto on July 23, 2018, 10:42:46 PM

the truth is the government is not scary, the scary is the income from bitcoin, so the government switch or want to kill income from bitcoin, in fact the standard bitcoin income

Government would be happy if people make income from the bitcoin as it will help them to get more tax. The issue is the misuse which can happen among the bitcoin and thus it can cause the negative impression among the people and also can effect the economy as a whole.

Should the government think wisely, as long as it is profitable and make the economy better than certainly bitcoin legalize is better than fear and bitcoin banned.

Ava Duvall

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Activity: 154

Merit: 1

Quote from: davis196 on June 21, 2018, 02:16:31 AM

I don`t think that any govenment officials can track and steal your crypto currencies,if you store them on a decentralized wallet and you keep your private keys in a safe place.The Vietnamese communist governments might be really scary,but they can`t find your crypto.The european govenments aren`t that scary,they will never try to rob someone`s financial assets.

exactly. a totalitarian government is probably the most depressing thing o happen to a country. it does no good i personally don't understand how citizens put up with it. as regarding cryptocurrencies, governments that reject them and ban them think they are good but people will find a way.

ngano ba

jr. member

Activity: 280

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No ,the government is not so scary , they are just implementing the rules of the land, in bitcoin they just want to be transparent ,and they want bitcoin to be regulated in the case the bitcoin will become legit.

Bonsaiav

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In the least we never fear the government, there is one that we fear from them that's his prerogative. With its prerogative, the government can kill anyone including its citizens even though with unreasonable legal reasons.

posi

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Merit: 579

Leading Crypto Sports Betting & Casino Platform

welcome crypto currency is not much. Besides, the samething goes with crypto currency prohibition and the reason behind some crypto currency prohibition are
1) the crypto currency scam which happened last year
2) Some government scared bitcoin will expose their failure to us because Bitcoin was created to fix the problem caused by the government in terms of financial system/inflation.

Glad108

newbie

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I don't actually agree that the government is scary. The truth is that people will just have to abide by the laws and constitution of the land. But I expect the government to make policies that are favourable to the people.

greg0rioo

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if I think the government is not scary, the government is the same as us as ordinary people. But those who govern our country in order to prosper.

v3liana

full member

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I believe goverment is not afraid, they do have an interest in cryptocurrency. What they want to do is to know it more deeper and i believe they want to find away which trasaction and the uses of cryptocurrency would favor their side. A lot of goverment and big companies start to invest in blockchain program which i believe blockchain always lead into cryptocurrency cause crypto are part of blockchain technology. Lets just be patience and let the goverment doing their research i believe in the end there is no way for goverment to reject it and they would never be able to kill it.

Sandijoee

member

Activity: 294

Merit: 10

Why be afraid of the government?
the government is not god nor is it even a frightening Monster. The government is just like us ordinary human beings are also just a higher position.

marcous

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Leading Crypto Sports Betting & Casino Platform

But now the government has started to look at bitcoin and technology blockchain. as well as some countries have received cryptocurrency as a means of payment. this is a good advancement for both traders and investors.

dublados

newbie

Activity: 32

Merit: 0

I don`t feel that any administration authorities can track and take your crypto currencies,if you store them on a decentralized wallet and you keep your private keys in a safe place. The Vietnamese comrade governments may be truly scary,but they can`t discover your crypto. The European governments are not that scary, they will never attempt to victimize someone`s budgetary resources.

Apiapik

newbie

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Decentralization comes with a solution to reduce the cost and time for transactions in the form of blockchain based cryptocurrencies and that's why some people prefer it. This is not against the government or other institutions, but rather the growing confidence and enthusiasm for new generation technology and philosophy. As the world moves forward with technological advances, it is time to optimize our traditional systems and philosophy behind it.

repzaj

newbie

Activity: 78

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ofcourse it is really scary for them because this is will be hard to deal. the government will be faces a lot of tax evasion etc. That is why government is still studying what are the good possibilities and how to deal the bad possibilities.

Henry Sy

member

Activity: 193

Merit: 83

Quote from: asdnguyenthanhtin on June 21, 2018, 02:04:49 AM

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. Wink

We have a similar government I think in light of the fact that in our nation government did not have any desire to go into crypto but rather the compatriots are caution about the interest in crypto on the grounds that a considerable measure of occurrences are accounted for some individuals got trick through crypto and to be by and large "bitcoin" as they said.

bsce1-1

newbie

Activity: 66

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Quote from: asdnguyenthanhtin on June 21, 2018, 02:04:49 AM

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. Wink

They truly do tasks in the engine, it has been ages since they have done that and just couple of individuals from the general population realizes that beside them. With respect to my circumstance, I don't do things that would really put my life in peril, remaining in crypto doesn't mean we will be murdered sooner rather than later I get it relies upon how you shield your self from them. Yet just few of our kin knows Blockchain and even the legislature are not intrigued by it for the time being, possibly one more year or certain occasions could lit the fire.

onrise

sr. member

Activity: 1512

Merit: 316

Quote from: Aris novianto on July 23, 2018, 10:42:46 PM

the truth is the government is not scary, the scary is the income from bitcoin, so the government switch or want to kill income from bitcoin, in fact the standard bitcoin income

Government would be happy if people make income from the bitcoin as it will help them to get more tax. The issue is the misuse which can happen among the bitcoin and thus it can cause the negative impression among the people and also can effect the economy as a whole.

worle1bm

full member

Activity: 1834

Merit: 166

Quote from: asdnguyenthanhtin on June 21, 2018, 02:04:49 AM

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. Wink

The governments can't kill you just for hodling these cryptocurrencies because even if they put a ban and you do trading then you can be fined or sent behind bars for some time but there is no such provision to kill you.They can just warn you and you do such works on your own risk.They are fearing illegal activities concerned with its usage or they don't have control over them unlike fiat.So don't worry about such things.

Dudeperfect

hero member

Activity: 1190

Merit: 534

Well, it's not against the government but the philosophy of centralisation. When the world is moving forward with the advancements in technology, it is the time to optimise our traditional system and philosophies behind it. Decentralisation came up with the solution to reduce cost and time for the transaction in the form of blockchain based cryptocurrencies and that's why some people are preferring it. It's not against the government or any other institution but it's more about growing trust and enthusiasm towards new generation technology and philosophy.

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