Is the government really scary? - page 24.

Indai24

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Quote from: BitcoinCommodor on June 30, 2018, 05:34:01 AM

Quote from: Lauff on June 27, 2018, 12:09:04 PM

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.

BitcoinCommodor

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Quote from: Lauff on June 27, 2018, 12:09:04 PM

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.

Bustart

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Quote from: ASHLIUSZ on June 29, 2018, 03:44:00 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.

Government and cryptocurrency are two opposite bodies and have different functionalities in terms of exchanges and as a store of value. Cryptocurrency is decentralized while fiat is centralized. I don't think that all forms of governments are against cryptocurrency, because there are already other countries that approved the existence of cryptocurrencies. There can be issues, controversies, misconceptions, but I believe that proper education and setting awareness are important factors to change the view of the public and or the government into something glorious.

ASHLIUSZ

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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.

dante golo

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Actually the government is not too scary because with the existence of today's crypto one can try to invest in order to obtain an income so that they can live prosperous and the government simply urges them not to focus too much on the crypto that will suddenly experience a problem related to the exchange rate.

a4techer

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We know if you experiencing the first time of course you are also afraid in my country our government was also afraid in cryptocurrency they didn't want to adopt cryptocurrency because of those scammers and they victim our countrymen. We know also that the government world in terms of money if the world already implement or already using the digital money the government should not also get a backpay or under the table.

South Park

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Quote from: chrisculanag on June 28, 2018, 03:24:18 AM

The government is not afraid of cryptocurrencies , I think they are more examining how crypto can help the community and what is purpose of this if government accept this. Let's look into the next few years if other countries will be supported in using crypto .

Of course they are afraid of cryptocurrencies, governments have a very tight control over the economy since they charge taxes, invest in it, create laws and regulations, they create jobs in the government and they print the currency used by everyone, cryptocurrencies have a huge effect in all of those aspects of the economy and if successful it will change it forever and will take away power from the government.

chrisculanag

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The government is not afraid of cryptocurrencies , I think they are more examining how crypto can help the community and what is purpose of this if government accept this. Let's look into the next few years if other countries will be supported in using crypto .

Sarastiche

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BITCOIN IS THE CURRENCY OF THE GLOBE

Government want to have control over the market of cryptocurrency and this is not possible, reason why I feel thy are scary, overtime sure they will enact a law that will ensure they have a stack in the platform, especially.

Kurokyy

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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

In my own opinion, governments are not scary because they cannot manipulate the market price and people will still have the freedom in terms of becoming financially stabled.

Natsuu

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Quote from: Lauff on June 27, 2018, 12:09:04 PM

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

But still they can't even control it yet they can regulate the usage of it. However, I live in a democratic country so it's should be people above the government and our government somehow see cryptos in a good way, maybe because our government is now aware of this though remittances decrease because people choose to use now a digital wallet rather than paying fees. Indeed a big leap of faith in humanity.

Pendularin

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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

You will not be scared if you will just follow the government rules and regulations . The government has the power to manipulate as all as we are a part of it .

South Park

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Quote from: supine on June 25, 2018, 05:22:05 PM

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 government was created to serve people and it will always be for the people. Some are banning cryptocurrency because they are not fully aware of the convenience of having cryptocurrency in a country's system. Just take a closer look, only developing countries are supporting bitcoin, countries that are not fully developed are scared to embrace changes that is why they are against it.

Many developed countries are not embracing bitcoin either, besides even if they are doing it right now that does not mean they are going to keep doing it forever they could change their mind if they see the benefits bitcoin bring in taxes are too low compared to all the money they are losing and when that happens I will not be surprised to see a general ban.

Escan0r

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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.

Lauff

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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

Pendularin

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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

It is really scary but not that much. You will be scared when you are against the law and you were doing crime as well . You will not be scared if you are following the rules of the government .

Marrionbitcoin

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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

Don't be scared for the Government because basically they should help us to make our lives better and easier. They are responsible for our welfare and also public infrastructures. The Government must assist us in our needs like putting up business, medical assistance, etc.

kiloiko

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Quote from: BellIcon on June 24, 2018, 02:50:32 PM

So you're from Vietnam?

You say that in your country the government robs what they can get from the people. I don't know much about life over there, but for countries that do indeed to that, it's so stupid because it cripples the country from innovating and succeeding. They pretty much handicap their country.

Almost all countries are worried about bitcoin and even many had banned bitcoin due to the fear of their economy. Bitcoin is very beneficial for its users and other people because it is tax free and no serious charges are applied to it. People prefer bitcoin over banks for saving and investing money therefore governments are afraid of it and worried of their economy.

gambitcoin53

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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

well it think the issue here is being nationalistic rather than bitcoin, it really depends on what type of govt we have, each country has different outlook on bitcoin and other cryptocurrencies, we have no hopes if we have a corrupt govt, not only on crypto and bitcoin, just like any investments, since cryptocurrencies defines by being financially free, having the power of one individual over his finances, corrupt govt hated this, that is why they defy it in the first place.

futile-resistance

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Quote from: Ems30 on June 23, 2018, 02:12:24 AM

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

Every country has owned policy about the decentralized money,,some country bitcoin currency are ligalized to use as alternate to their traditional paper money to buy good and services ,,but if you compared to some country bitcoin are sticky prohibited to used as alternate to their traditional currency and cause to banned also to make sure will stop to run of their market ,,but in my country my government is not fearful about the decentralized money because my government bitcoin will accept as alternative payment method and other service.

Central banks and governments which can not make strong policies are still in negotiations and thinking to recognize the Bitcoin in their countries. They are very slow and other countries which adopted the Bitcoin are now better and going good with it.

It is a disruption for banks and central bank and they do not want to lose users but on the other hand if strong policy introduces like other countries did then these will survive.

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