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Topic: Is the government really scary? - page 23. (Read 4164 times)

sr. member
Activity: 2422
Merit: 357
July 02, 2018, 07:16:37 AM
Why does anyone be scared on the ones who should be protecting them? Governments just do what they must do and people who wanted to do false things should be the one to get scared. It is such that, every country has different issues and different adoptations to cryptocurrency and we need to understand that.
newbie
Activity: 140
Merit: 0
July 02, 2018, 06:57:56 AM
Yes I think every rule in a different country. there is a total ban for transacting crypto there are neutral and there is support. I see more neutral and supportive about the existence of crypto.
member
Activity: 299
Merit: 15
July 02, 2018, 06:32:27 AM
The government's ban on the BTC is the most frightening thing, because if a country hits the BTC fundamentally, as it did in China, the price of the BTC drops sharply.

newbie
Activity: 182
Merit: 0
July 02, 2018, 04:33:30 AM
Some countries have not accepted the donation and have not allowed their citizens to accept bitcoin because they have not yet realized the value and benefits of the crypto currency not crazy.
hero member
Activity: 627
Merit: 500
July 02, 2018, 04:24:15 AM
Why government can kill us just for using bitcoin ? i am not agreed with your they can apply some charges on us since its it not legal in some country they can send us jail but why would they kill us.About afraiding i am pretty sure yes they're afraid since by using bitcoin there's huge chances of replacing fiat with bitcoin and government don't want it.
hero member
Activity: 1190
Merit: 500
July 01, 2018, 11:05:48 AM
Governments were really scary about the growth of bitcoin as well the cryptocurrency network. At some countries the opposition of the government against bitcoin is because of the fear prevailing among the banking industry which is responsible for the financial administration of the country.
i dont think so,, goverment actually not scary about bitcoin developtment.they want take taxes from bitcoin and cryptocurrency community.so they get much money source to provide public facilities for their cityzen.
They are scared about bitcoin because even though they can get some tax from it, it is still not enough for them to forget why they are scared and they are scared because it is a revolutionary currency and because of its new ideas and technology, it can surpass fiat money and just get more users from fiat to transfer to crypto because of its amazing features and benefits.
You're right even though the government might be able to earn profits like taxes from crypto. but they will not be able to control
overall what is inside the crypto. that is what the government is still afraid of. because a lot of bad possibilities can happen
newbie
Activity: 56
Merit: 0
July 01, 2018, 10:57:52 AM
National institutions will certainly be involved in cryptocurrencies, because banknotes can no longer be trusted, and it has too many drawbacks. The transparency of cryptocurrencies will allow more people to choose to use it.
member
Activity: 322
Merit: 10
July 01, 2018, 10:55:45 AM
They are not they are irritating in giving implementation  on something like on Bitcoin without a strong and very reasonable reason... But I guess they are only doing what's best for there people.
Sure, governments want to build the best for their people, but the ban on the cryptocurrency market takes away a potential access to technology and investment for the people. I hope that the countries that block crypto will have real research and more open policies with this market.
sr. member
Activity: 462
Merit: 250
July 01, 2018, 10:32:05 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

Yes. I dont think government can take over and control btc, if so happens the first and foremost thing is they will impost tax on them. Then the user of btc will reduced which may affect the potential and value of btc. Still now we don't have a news as such.
newbie
Activity: 119
Merit: 0
June 30, 2018, 05:25:32 PM
Maybe the government is really scary of bitcoin because since it is implemented there is no rules discussed on how it is can be legalized operating in any country and no exactly computation the income for the government likely of documentation that's the government decided is really scary.
jr. member
Activity: 182
Merit: 1
June 30, 2018, 04:35:07 PM
They are not they are irritating in giving implementation  on something like on Bitcoin without a strong and very reasonable reason... But I guess they are only doing what's best for there people.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
June 30, 2018, 04:01:48 PM
Governments were really scary about the growth of bitcoin as well the cryptocurrency network. At some countries the opposition of the government against bitcoin is because of the fear prevailing among the banking industry which is responsible for the financial administration of the country.
In many countries the banking industry controls the government, this is true especially in the powerful countries where banks have an even greater influence due to the profits they generate so even if politicians are not afraid of bitcoin the banks are and are instructing the politicians of what to say to scare people away from bitcoin so they do not adopt it.
member
Activity: 280
Merit: 10
June 30, 2018, 12:05:39 PM
This was how the crypto currency started, no government was offered  their help to support the crypto currency for its growth and the time came that the deal it badly by banning it and creating a FUD against it just to stop the fast growth of crypto. But the motivation didn't stop and the results was great because now some countries are in favor in crypto and bitcoin is leading the growth.
sr. member
Activity: 868
Merit: 266
June 30, 2018, 10:13:38 AM
governments can sometimes be frightening. There are dictator presidents. but when we look at the world as a whole, we need governments. I care about the state system. I think intervention in some issues is necessary.
I totally agree with OP and it's not mostly dictatorship government who mostly rob the citizens of their money and assets and take them for their own. They can put an outrageous charges on you and then take your assets but with Bitcoins, this will never happen.
jr. member
Activity: 153
Merit: 7
June 30, 2018, 10:09:55 AM
The government is really scary, especially now that bitcoin is used to be victims. We know that the government is unaware of it and of course for the people of a country it is important that they be safe. So they could banned the bitcoins and prevent their use. And this is because I fear I do the right thing and not illegal.
full member
Activity: 1274
Merit: 115
★Bitvest.io★ Play Plinko or Invest!
June 30, 2018, 10:03:20 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


I don't think that they might track nor control the transactions of cryptocurrency. It would be hard for them to manipulate it so being scared of them isn't a big deal. They can't control cryptocurrency because it is actually anonymous and there's no way for them to rob our assets. It is actually something to be thankful for because it helps the government grow.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
June 30, 2018, 09:04:57 AM
Governments were really scary about the growth of bitcoin as well the cryptocurrency network. At some countries the opposition of the government against bitcoin is because of the fear prevailing among the banking industry which is responsible for the financial administration of the country.
i dont think so,, goverment actually not scary about bitcoin developtment.they want take taxes from bitcoin and cryptocurrency community.so they get much money source to provide public facilities for their cityzen.
They are scared about bitcoin because even though they can get some tax from it, it is still not enough for them to forget why they are scared and they are scared because it is a revolutionary currency and because of its new ideas and technology, it can surpass fiat money and just get more users from fiat to transfer to crypto because of its amazing features and benefits.
sr. member
Activity: 462
Merit: 250
June 30, 2018, 08:22:33 AM
Governments were really scary about the growth of bitcoin as well the cryptocurrency network. At some countries the opposition of the government against bitcoin is because of the fear prevailing among the banking industry which is responsible for the financial administration of the country.
i dont think so,, goverment actually not scary about bitcoin developtment.they want take taxes from bitcoin and cryptocurrency community.so they get much money source to provide public facilities for their cityzen.
full member
Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
June 30, 2018, 08:09:04 AM
the government will not be able to move again because everything is transparent, maybe it makes the government afraid of one of them. You are right I feel the government is very afraid of the existence of bitcoin in the presence of this great technology
Governments and banks are in situations which are not favorable for them and they are under huge pressure because the Crypto market is improving with the passage of time. Even if a government can not recognize the Bitcoin then at the end they will have to adopt it because the Bitcoin is spreading all over the world and when it gains the most support then the countries which oppose it will recognize it too.

Government are just doing their job and for me they are not scary, they are the ones responsible for the safety of our economy that is why they have to control what to allow and what not to allow however they really did not disallow bitcoin, they just dont recognized it.

I agree and government is just protecting its people from any thing that they think can harm its people. Otherwise, government is up to something because of their own interest. Actually, I'm jealous to other countries like Japan that their government acknowledge the usage of cryptos especially bitcoin as it can really help the community for a massive adaption. Hopefully, more countries will start to recognize and see what cryptos can do.
hero member
Activity: 756
Merit: 505
June 30, 2018, 08:06:38 AM
governments can sometimes be frightening. There are dictator presidents. but when we look at the world as a whole, we need governments. I care about the state system. I think intervention in some issues is necessary.
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