Topic: Many Countries Government trying to stop bitcoin, what reason ....... - page 6. (Read 1518 times)
December 20, 2018, 08:12:31 AM
Soon everything will change, the governments have already decided that they will begin to regulate cryptocurrency, because they understand that they cannot stop the cryptocurrency sphere and they know that they will make a huge amount of money on this, so it remains to wait 1-2 years and the cryptocurrency will be regulated.
December 20, 2018, 07:49:49 AM
because bitcoin and other crypto currencies cannot be controlled by the state therefore many countries are afraid of bitcoin if legalized in their country
December 20, 2018, 07:18:05 AM
In my opinion because in their country they still really need banks as transactions in their country, and when bitcoin enters maybe banks in that country are no longer attractive.
December 19, 2018, 11:24:07 PM
anyone know what reason stoping bitcoin many countries,,,,,,,,,,what reason ?
of course you can look for references in various sources or in google search if you want to know specifically. and almost all prohibitions from a country do not differ greatly for the reason. but one thing that we cannot reject and refuse, that digital development cannot be avoided, especially in the next few decades. and bitcoin is the only one that can be trusted
December 19, 2018, 11:20:12 PM
Many countries governments don't permit bitcoin reason, they fear bitcoin as illegal transactions and they don't get any taxes or fees from transactions.
I agree.Even in my country it was once aired in the tv news that bitcoin is considered a scam and considered illegal.Many people have believed this fake news wherein bitcoin is involved indirectly.I also think that the government officials have fears from accepting cryptocurrency because transparency is what they feared of.They cannot collect excessive amount of taxes anymore once cryptocurrency will be a legal tool of payment. December 19, 2018, 11:07:04 PM
Many countries governments don't permit bitcoin reason, they fear bitcoin as illegal transactions and they don't get any taxes or fees from transactions.
December 19, 2018, 09:48:29 PM
Many country try to make bitcoin become illegal transaction and do not give space for bitcoin become as payment transaction, they do not know how much profit could get in by making bitcoin as legal transaction.
December 19, 2018, 09:41:19 PM
In my opinion many countries fear to support bitcoin is they think all the transaction of their citizens will go in digital even with out any knowledge of the government's and to their country this will cause the damage to government plans But they have to think other side of the coin that people's life style will grow in a standard of economical high in which the government will gain directly and indirectly.
They will never take the side of the people, once a government is formed they stop thinking about the well being of their citizens and those that are in the system only care about how to keep their privileges no matter what, so something like bitcoin is a threat to them because if bitcoin becomes the main currency of the world then governments will have to get smaller and they will lose their jobs. December 15, 2018, 09:46:54 AM
Specially governments wants to stop bitcoin because they think they are the most effected people when bitcoin continues to grow as a currency among people so they do everything in there power to destroy bitcoin and its progress to make there economical and financial future safe and that is why we see majority of online news and other channels are used by countries to spread false information regarding bitcoin and its bad side to the traditional financial world which is a very bad for bitcoins future
December 15, 2018, 09:28:11 AM
Mainly those countries governments have not ability to control bitcoin, they don't permit bitcoin legally. Other factors are banks are disffuse bitcoin at all.
Most of countries does that and the main reason is like you have mentioned bitcoin is the first decentralized digital currency in the world and that makes it untouchable from eternal organizations in any scenario which makes it uncontrollable and that gives a bad idea for traditional centralized systems like banks and governments because they are not used to deal with such systems so even bitcoin is so potential no government like to take a risk by accepting bitcoin locally
December 15, 2018, 01:47:36 AM
Many countries have stop for making bitcoin and altcoin are legal transaction, they always try for stopping and make bitcoin banned for using by their people, India have banned bitcoin not only for transaction but also as for holder or investment.
December 15, 2018, 01:12:08 AM
anyone know what reason stoping bitcoin many countries,,,,,,,,,,what reason ?
reason that i know is they only want to make their users safe, it means bitcoin and all crypto sometime, maybe not sometime but there are a lot of project that harm investors, and some investor loss their money because not profit from it. Maybe because of that. December 15, 2018, 12:48:29 AM
The government is trying to protect its people not to take the risks that occur so they cannot accept bitcoin as a transaction tool.
They feared that their people would fall into poverty if they were unable to manage it.
They feared that their people would fall into poverty if they were unable to manage it.
December 15, 2018, 12:32:43 AM
Because we all know "NEW" to the eyes and ears of some people are scary.
Close-minded people usually don't like to explore new and unique ways.
Close-minded people usually don't like to explore new and unique ways.
December 15, 2018, 12:23:30 AM
Yes it is because of the uncertainty and the virtual nature of bitcoin it is happen to bitcoin that government trying to regulate then it will be good for them to use for operations and such governments have fear that may it will be use for criminal activities so that's why they have stop using and trading bitcoin in their country.
December 14, 2018, 11:14:08 PM
anyone know what reason stoping bitcoin many countries,,,,,,,,,,what reason ?
Bitcoin is freedom because it is decentralized and governments did not want a decentralized system. Bitcoin, take power from governments and give it to the people financially and that is what our politicians will not like. Blockchain technology discovered is one of the greatest discovered of mankind and you should remember that anything that will help humanity is not always accepted by the governments. We believe that the future is bright and we just need to allow bitcoin to be and in future governments has no option than to accept it.
in my opinion also, on the other hand the government does not want the spread of bitcoin to be too broad because what is feared is the price fluctuation of this cryptocurrency. We are aware that this turbulence if for example they use the country's economy on this matter, it can suffer enormous losses. Therefore they tried and urged the public to avoid these risks.
December 14, 2018, 10:10:31 PM
Many of the countries that do not directly prohibit the existence of Bitcoin but they are not fully legalized. Bitcoin gives us freedom in terms of the economy such as transactions, money transfers and others as it is, while it is contrary to the rules applied by every government of a country, therefore the government will always try to regulate it even though it will be difficult.
December 14, 2018, 09:57:51 PM
Almost all the countries in the world have a fear that if they let bitcoin the all transactions will be done without the knowledge of government then what is the benefit to the country and how they run government so this is a matter of their citizens if a common man raises this is good news without any help by the government , government gets strength finally the countries who are to stop bitcoin have to think.
December 14, 2018, 08:08:16 PM
Every government have their own reason but mostly many government ban bitcoin because government think bitcoin used for money laundering and criminal activity. Its not true because most money laundy case using fiat money. Bitcoin still have little transaction volume compare with fiat money transaction in banks and i think there is no reason for government ban bitcoin
December 14, 2018, 04:56:58 PM
I think that the main reason is because they don't know what risks they may face. btc is the most popular coin ever and it is unexpected one. they don't want to take risks
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