Topic: Many Countries Government trying to stop bitcoin, what reason ....... - page 7. (Read 1518 times)
December 14, 2018, 03:07:37 PM
They fear decentralization where they lose control over the economy of their country. Governments will never like bitcoin. However, that doesn't mean that they don't like blockchain. Many governments are working towards integrating blockchain technology into their systems
December 14, 2018, 10:55:39 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.
December 14, 2018, 10:52:57 AM
Majority of countries are trying to stop bitcoin because most of them are afraid of bitcoin thinking it can destroy there financial structure which was build through years because there is no responsible party or a organization to control it and due to that governments think it can increase criminal activities because anyone can hide there money without a trace in the blockchain network but we all know that even without bitcoin those things are happening right now and also unfortunately no government has seen the positive and beneficial side of bitcoin
December 14, 2018, 10:36:56 AM
The government claiming against bitcoin so many reasons-
1. Bitcoin is a virtual currency.
2. It is unstable currency.
3. It is not organized from any bank or country.
4. Money laundering.
5. The country is economically damaged.
1. Bitcoin is a virtual currency.
2. It is unstable currency.
3. It is not organized from any bank or country.
4. Money laundering.
5. The country is economically damaged.
December 14, 2018, 10:29:07 AM
Bitcoin is part of the crypto market. Crypto Market is an independent system. No one can control. But some countries want governments to control Bitcoin. But this can never happen. Because of that the country has started hating Bitcoin.
December 14, 2018, 10:17:10 AM
anyone know what reason stoping bitcoin many countries,,,,,,,,,,what reason ?
I don't know which country you are talking about but you can't stop bitcoin transactions without closing the internet world wide which is also impossible to happen so no one is going to stop bitcoin even if they want to. December 14, 2018, 10:02:23 AM
Its very simple and visible that they can not control it when the government and prevents them from their multiple money laundering they perform so they can not let it stand they have no option that to fight against it,which is happening right now
December 14, 2018, 04:48:13 AM
Countries like Russia and China doesn't want to give people too much control of their money.
they take the liberty of their own people because they want to stay in government for many years and unfortunately the people who are the majority do not realize this and continue to vote for this type of government
They are nothing but a hypocrite. My country central bank officials and some big bankers are involved in crypto trading, yet they don't openly support it. Before the public, they term it a Ponzi scheme while they enjoy the benefit of the volatility in trading and any possible bull run. They just want to see how to tax it and not to protect investors.
I agree
It's not as bad as you're trying to make it, there is no mass attack or prohibition against the bitcoin,only but very few countries have tried to stop it's trade in their countries for diverse reasons best known to them
more than 90% of all countries in the world have not legalized bitcoin as a means of legal payments and if many countries have not legalized it is not the cause of money laundering or terrorist financing, is because governments could not have control over cryptos And many banks are creating barriers so people do not buy cryptos
Tax evasion, money laundering, used to buy illegal goods and services, has no value, Ponzi scheme, no oversight or regulation, uses shed loads of electricity to mine it, Ransomware attacks, easy to steal with no compensation ......... 
everything you said is just bullshit, Fiat is more used to commit crimes. many politicians steal millions of dollars, many traffickers prefer fiat or gold or anything that is both physical and valuable. Bitcoin is still a baby compared to crimes involving Fiat and Gold
December 14, 2018, 04:31:30 AM
maybe they see the price of bitcoin is just a bubble. like a soap bubble which will disappear by itself. as happened at the end of 2017 the price soared. and now it's gone just become history and back memories
Yes right, because the government aims to protect its citizens from the losses made by Crypto investments, basically everything depends on the person who made the investment, so Bitcoin is not wrong, it all depends on the person who made the investment, because Crypto is clearly an investment high risk. 
December 14, 2018, 04:21:02 AM
anyone know what reason stoping bitcoin many countries,,,,,,,,,,what reason ?
Yes, many countries try to ban bitcoin and stop bitcoin forever. Bitcoin is a digital currency and nowadays people are interested in bitcoin and also invest their money. people can easily send their black money other people or country using bitcoin.S o as result a government and bank both getting loss for bitcoin but its useful and profit for general people. December 14, 2018, 04:07:45 AM
Simple because the government had shown nothing good with bitcoin of its scam ICO projects that the system does not even wanting to solve the problem. Many are taking advantage on scamming activities using the bitcointalk forum and the bitcoin system. I just hope that they will take this problem seriously and should make some way to prevent or minimize scamming activities.
December 14, 2018, 04:01:38 AM
The main reason is that every bitcoin user can use a pseudonym to be unknown to many people, so as they assume that bitcoin can be used as a system of illegal payments, money laundering, and terrorist funding because it is hard to trace by the government. I guess that the main cause of the government banning bitcoin is growing in its country, it is not a problem that can cause inflation or the government is afraid that every citizen uses bitcoin and leaves the cryptocurrency, these two causes can be handled well so that no one is harmed.
December 14, 2018, 03:43:16 AM
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.
December 14, 2018, 03:10:53 AM
maybe they see the price of bitcoin is just a bubble. like a soap bubble which will disappear by itself. as happened at the end of 2017 the price soared. and now it's gone just become history and back memories
December 14, 2018, 12:45:44 AM
anyone know what reason stoping bitcoin many countries,,,,,,,,,,what reason ?
the reason for a country to stop bitcoin is because people from that country have a lot of abuse using bitcoin,for example, they conduct crime transactions through bitcoin, and that greatly hampers the development of a country.
December 13, 2018, 08:56:06 AM
They fear it and they couldn't earn from it,
They couldn't control it that is why they hate it unlike banks crypto is decentralized so they couldn't take over it they couldn't put tax on it.
They couldn't control it that is why they hate it unlike banks crypto is decentralized so they couldn't take over it they couldn't put tax on it.
December 13, 2018, 08:44:10 AM
anyone know what reason stoping bitcoin many countries,,,,,,,,,,what reason ?
I think this review has been very much, you can even find it on Google search engines
You can find recommendations for knowledge about bitcoin and crypto, especially about the blockchain system from various sources. I only suggest that by reading you will understand more than ask
December 13, 2018, 08:38:29 AM
the main reason why governemtn is not agree with legalize of bitcoin is bitcoin is not trackable and governemnt dont like it. why? because government want to know about the sender and the receiver of each transaction
December 13, 2018, 08:22:15 AM
That's because bitcoin is difficult to control by the government, and the government has difficulty regulating taxes for bitcoin, and because bitcoin is anonymous, bitcoin is referred to as a medium for money laundering.
December 13, 2018, 08:14:09 AM
because some think Bitcoin is illegal and won't make any difference at all.
Hope for a RISE UP so they will know Bitcoin's power!
Hope for a RISE UP so they will know Bitcoin's power!
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