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Topic: Is the government really scary? - page 27. (Read 4164 times)

member
Activity: 322
Merit: 10
June 24, 2018, 08:23:34 AM
It might be said so, the government is afraid of the growth of bitcoin transactions, this can be seen in some countries that baned bitcoin, the government is afraid of the exchange rate of their country's currency because it is replaced by bitcoin in every transaction that occurs
sr. member
Activity: 588
Merit: 257
June 24, 2018, 07:37:55 AM
We have most corrupted government in our country and that is why such new advances are never accepted by them. I have observed that whenever there is something new coming in the market and people are getting attracted to it, then government will shut such programs immediately. They just dont want general public to explore their new assets as government is not going to benefit from it due to lack of rules over it. I am pretty sure most of the countries are having same sort of trouble. Thats why government is not liked by many of the people in country.
newbie
Activity: 154
Merit: 0
June 24, 2018, 05:25:34 AM
In my country, the government does not interfere in BTC, we can now freely trade without worrying government intervention. But perhaps in the future the government will use tools to tax people involved in BTC business.
copper member
Activity: 142
Merit: 0
June 24, 2018, 05:21:38 AM
Government does not want to let its citizens lose assets. because crypto is different from stock market. price is very fluctuating.
and also they still assume anonymous payments can be used for transaction for weapon , drugs and illegal thing.
so they still have not provided the regulation. this is based on major facts in my country.

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 so sure there are countries that want to take advantage for their own. everything for sure is for country and their citizen it self .

Because if citizens lose their assets, they lose money so the money dries up in the crypto-active which is very dangerous for the economy
member
Activity: 144
Merit: 10
Earn with impressio.io
June 24, 2018, 05:19:20 AM
Government does not want to let its citizens lose assets. because crypto is different from stock market. price is very fluctuating.
and also they still assume anonymous payments can be used for transaction for weapon , drugs and illegal thing.
so they still have not provided the regulation. this is based on major facts in my country.

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 so sure there are countries that want to take advantage for their own. everything for sure is for country and their citizen it self .

I agree about your point. Here in my country also there are only few banks that accepts transactions coming from crypto and bitcoin, but the fact that there are plenty of them doesn't support the idea, the worst case is that you'll get your account frozed or you will be questioned with your assets. Lots of rumors and reasoning spreading here in our country but the most common is that it is scary because it has been used as means of payments illegally and because it fluctuates so much.
member
Activity: 181
Merit: 12
June 24, 2018, 04:08:43 AM
yes you are right I feel the government is very frightened by the existence of bitcoin in the presence of this excellent technology the government will not be able to move again because everything is transparent, maybe that makes the government afraid of one of them.

Not just government but as well as the banks because cryptocurrency is a threat to their business and if people will be preferring to invest on cryptocurrency then their own companies will just die.

The government has become so panic that bitcoin will take over the currency market and the fiats values will go down. It has already began in the market. This is the reason banks do approach governments to ban bitcoin in the respected country. Banks will go in lose and then the government will loose its economy. Government is depending upon banks. So it has to abide by banks.
The sign of imposing a ban on bitcoin shows their panic about this digital currency. However, it’s much clear that they hardly control the cryptocurrency market because  as you know crypto charaterises the anonymity, government can’t track anyone transaction. In many developing countries, governments are prone to get benefit from citizcen, tax is an example. When citizen in a country most focus on giving their  money in crypto instead of banking, completely government will get nothing. It’d better if a country take bitcoin or cryptocurrencies as a legal currency, to allow people to use it easily and then regulating a tax on it, they would get a good benefit from cryptocurrency.
newbie
Activity: 126
Merit: 0
June 24, 2018, 03:04:49 AM
Having a government is not a scary thing but it depends  how they handle inside the goverment.proper handling of taxes and Funds of the community can help to have a better country
jr. member
Activity: 406
Merit: 2
June 24, 2018, 02:56:53 AM
if you hear your opinion I am also afraid, it sounds like a very dominant government where freedom is not there, but I am pessimistic that the government can control the btc and track every transaction even for the application of tax even though I think it will be very difficult so how can the government take forcibly btc you, but whatever it is I hope we can reconcile with it, although there should be a fee or tax for the government as long as it does not harm us then it is not a problem
 
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newbie
Activity: 266
Merit: 0
June 24, 2018, 02:15:41 AM
A lot of information is concealed from us to assess the scale of people's plans in power. The fact that at the heart of all relations is built a banal thing - to take away real assets, and in return to give paper money (and to inspire what exactly is this value) is a fact. Now the turn came to the crypt. What is the crypto currency is in fact the numbers on the motif. Yes, these figures now have a price. And what will happen tomorrow? The government has unlimited power, so people trying to prevent them - I think they are afraid, first of all for their lives.
newbie
Activity: 110
Merit: 0
June 23, 2018, 11:53:41 PM
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.



We dont have to feel scary  in the government as long we dont do things  against the law. The governemnt officials they do their own job to protect the interest of all people. We just follow any legal guid lines to protect our assests as well.
newbie
Activity: 112
Merit: 0
June 23, 2018, 10:41:55 PM
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 some government of the countries are scary on the effect of bitcoin because they are influence by some people the bad effect that bitcoin caused without knowing the good profit that bitcoin can give to their people to improve their lives.
newbie
Activity: 168
Merit: 0
June 23, 2018, 10:03:24 PM
The government will take steps to keep the economy stable so that corruption, such as inflation, if they do not manage it, will have different supportive measures. government  not really scary
jr. member
Activity: 420
Merit: 1
June 23, 2018, 09:32:14 PM
In fact, do not be afraid of the government, we must be afraid of those who lead it. The government of any country is a puppet of big businessmen (sharks). I think that in the near future we will use only the crypto currency, which is organized around the world for the total control of the population.
member
Activity: 161
Merit: 11
June 23, 2018, 09:14:55 PM
I don't see any reason for the Government to be scary. Wether it would ban crypto or not. It is their job to help keep the country in peace and stability. If cryptocurrency may not be beneficial to the economy then certain actions must be done. It is not the action of just one person but of many who thinks over the situation so expect that it should be just fair. Why aren't other countries not banning crypto? It's because it is not a threat to their economic status. Just like ours!
Its not the government that are scary,I think its the people. The government is the only one who can really make a certain actions for a certain situation like countries economy. They are the one who implemented rules for the economies safety.
jr. member
Activity: 364
Merit: 3
GIGZI - INDEPENDENT WEALTH MANAGEMENT
June 23, 2018, 08:35:17 PM
I don't see any reason for the Government to be scary. Wether it would ban crypto or not. It is their job to help keep the country in peace and stability. If cryptocurrency may not be beneficial to the economy then certain actions must be done. It is not the action of just one person but of many who thinks over the situation so expect that it should be just fair. Why aren't other countries not banning crypto? It's because it is not a threat to their economic status. Just like ours!
That is right we do not see government is as scary, because the government I believe look for the welfare of the people, but for this bitcoin activities the government is furious about it , because of this many internet scams , and government fear there will be more victims ,so government do not know the real characteristics of bitcoin, but overall bitcoin have done many good things to the people.
jr. member
Activity: 238
Merit: 4
June 23, 2018, 07:59:48 PM
I don't see any reason for the Government to be scary. Wether it would ban crypto or not. It is their job to help keep the country in peace and stability. If cryptocurrency may not be beneficial to the economy then certain actions must be done. It is not the action of just one person but of many who thinks over the situation so expect that it should be just fair. Why aren't other countries not banning crypto? It's because it is not a threat to their economic status. Just like ours!
sr. member
Activity: 1512
Merit: 326
June 23, 2018, 07:05:15 PM
Government does not want to let its citizens lose assets. because crypto is different from stock market. price is very fluctuating.
and also they still assume anonymous payments can be used for transaction for weapon , drugs and illegal thing.
so they still have not provided the regulation. this is based on major facts in my country.

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 so sure there are countries that want to take advantage for their own. everything for sure is for country and their citizen it self .
full member
Activity: 476
Merit: 108
June 23, 2018, 06:14:57 PM
Yea I too think they are scary at the same time they are quite
helpful in a lot of manner in my country. In matters concerning
crypto and the government, a lot of countries and governments
have already supported cryptocurrency while others still hasn’t
really fully banned any, there’s still an open undecided notion
to be made on it. Governments can be scary if your on the other
side of the law.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
June 23, 2018, 05:34:42 PM
It's not that scary if you think positive to the government. Government's rules are meant to protect their people, they don't want to let their country become worse because something that causes the economy to become much worse. If it makes the country goes better, I'd rather go with it.
You are thinking of an ideal government that only does what it is best for their citizens, but governments are made of people, and many people are full of greed and envy, governments once in place will do anything to assure their own survival, this is why the Venezuelan government has not admitted its mistakes and step down from power, they are determined to remain in power even if that means the destruction of their country.
member
Activity: 294
Merit: 10
June 23, 2018, 03:46:39 PM
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 government is very scary in terms of creating their own laws, government can actually take down cryptocurrency but since there are a lot of people who have business related to cryptocurrency like ico's then government will just receive complain if they will illegalize cryptocurrency.
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