Because it's a scam and you can lose a lot of money, that's one way to look at it, the other angle is, all the rich people, just want Bitcoin to die already, so they invest in all different medias to criticize bitcoin, so they can buy it cheaper than before, and after that sell it as much as they can at higher prices. So will we let them to have all the bitcoins??
There are people who criticize and there are also people who support the use of Bitcoin. This depends on the perception and how the person thinks. Usually everyone has their own goals and that is what distinguishes each opinion. For me it is better to support the use of Bitcoin because the more sophisticated the times will require us all to reach a much more sophisticated level of life such as the digitization of the financial system. 
Topic: Many Countries Government trying to stop bitcoin, what reason ....... - page 9. (Read 1518 times)
December 12, 2018, 06:58:48 AM
December 12, 2018, 06:49:54 AM
Because it's a scam and you can lose a lot of money, that's one way to look at it, the other angle is, all the rich people, just want Bitcoin to die already, so they invest in all different medias to criticize bitcoin, so they can buy it cheaper than before, and after that sell it as much as they can at higher prices. So will we let them to have all the bitcoins??
December 12, 2018, 04:36:55 AM
if in my opinion. because the government sees the price of bitcoins that cannot be controlled. and many cases of theft that cannot be caught by the authorities
December 12, 2018, 04:27:30 AM
most assume that bitcoin is the most risky investment and there is no guarantee of security in investing in bitcoin. I think they really don't know deeply about bitcoin. and then they consider bitcoin vulnerable to illegal transactions because it is anonymized, peer to peer, and without going through a bank. I think it's reasonable, but can be prevented by regulation.
December 12, 2018, 04:21:47 AM
Government's of many countries are against bitcoin because of it total freedom and decentralized nature bitcoin can not be controlled by any individual government or institutions, bitcoin is not like the paper money that is centralized and control by the government. Government can only regulate the individual activities in the bitcoin network and the blockchain technology in it entirely.
December 12, 2018, 04:20:06 AM
The reason some of them gave was that bitcoin is decentralized and because of being centralized it cannot be controlled and users will not pay taxes to the government. Others said because bitcoin is anonymous it can be used for nefarious activities like money laundering, sponsorship of terror and drug peddling. Since bitcoin is not centralized all these activities can be carried out without being curbed or managed.
December 12, 2018, 03:56:04 AM
Many countries forbid the existence of bitcoin but instead many developed countries have used bitcoin as a payment tool ... maybe the government banned the use of bitcoin because the government cannot monitor bitcoin and regulate bitcoin like ordinary currency ... in Indonesia the government prohibits using bitcoin payment tool ... if you invest in bitcoin then all risks must be borne alone ...
December 12, 2018, 03:30:39 AM
The country is stopping bitcoin because it has not been able to regulate it, let alone a lot of allegations of money laundering, the country eats raw about bitcoin and does not see the positive side. It's a pity if the government has an opinion like that.
December 12, 2018, 02:38:17 AM
It is all about control. The government wants full control over every aspect of their citizens life and one way of doing this, is to control their "money". They know people cannot do a lot without money and if they can control or track it, then they can control the people who owns it.
Try moving all your money from one country to the next and see what happens.
Also try to buy a large quantity of weapons and explosives and see what happens. They want to know what you are buying and how much money you have and also where that money is going. You have ZERO financial privacy in the FIAT system. 
Bitcoin gives you financial freedom and also financial privacy.
Try moving all your money from one country to the next and see what happens.
Also try to buy a large quantity of weapons and explosives and see what happens. They want to know what you are buying and how much money you have and also where that money is going. You have ZERO financial privacy in the FIAT system. Bitcoin gives you financial freedom and also financial privacy.
December 12, 2018, 02:17:07 AM
I think many governments are so scared that they may be ousted out because the power to the people in their eyes is very difficult for them to fathom and they consider it as very dangerous. Let's see how this impacts them business wise etc because if countries stay behind technologically, this isn't very good for them at all. Blockchain technology is here to stay so why not allow it to flourish in your country? Governments are there only to protect their own civil servants and serve the Banks and Corporations, not the people, well most of them anyway. I think central governments are an outdated mode of governance anyway. Let's see how things go and which countries DO adopt blockchain tech with a mission, like DUBAI and , SINGAPORE and MALTA.
December 12, 2018, 02:00:03 AM
the main reason why most government are against bitcoin is because they fear that due to the decentralized nature of bitcoin, it will be difficult for it to stay anonymous when illegally laundering funds in both domestic and foreign counts overseas.
December 12, 2018, 01:50:47 AM
In my opinion, They (the Government) still consider Bitcoin as something negative things that can make a mess in the country. They still fear if Bitcoin made as a tool money laundering and funding of terrorist networks.
December 12, 2018, 01:21:30 AM
money laundering, illegal transactions, competition between fiat, weakening the country's economy, and much more. so many things are linked to bitcoin to make bitcoin look bad, but basically it still exists if bitcoin is lost. well, but there are some countries that support this development.
December 12, 2018, 12:51:32 AM
anyone know what reason stoping bitcoin many countries,,,,,,,,,,what reason ?
Actually almost all small country are actually ban to bitcoin specially their economic growth is gradually rise bitcoin will create confusing to many economist also may stop to forward the good condition of economy.
December 11, 2018, 10:39:29 PM
What I hear is that the government has not been able to accept, but has not stopped bitcoin, with many reasons being conveyed to every government. Most of these reasons are difficult to control, fluctuating values, no taxes, no legal certainty, and others. All of this can affect services in the banking sector.
December 11, 2018, 10:27:54 PM
First reason that they.come up with is to prevent money laundering before it even becomes big. I don't see and feel the need for such bans as money laundering and fraud can still be accomplished using traditional financial instruments. If only they see the bigger picture and just allow bitcoin and crypto to flourish and find ways to monetize it instead of banning, that'll be great and far more beneficial than their proposed solution, but I guess some countries wouldn't just accept modern technologies easily, as evidenced by these countries banning bitcoin without a pleasing and convincing argument.
I do not know about that, to me that seems like an excuse that they are using so they can spread all kind of lies about bitcoin and they can try all kind of laws against cryptocurrencies, but the reality is that they do not want to accept cryptocurrencies because they understand very well that if they do cryptocurrencies will become unstoppable and their fiat currency will lose power. December 11, 2018, 05:44:33 PM
BTC has no formal basic, does not have the authority to regulate BTC, so it is worried that BTC will be used for illegal transactions.
besides that, BTC has the potential to create bubbles, because the value of virtual currencies is speculative, and can also disrupt the stability of the country's financial system.
besides that, BTC has the potential to create bubbles, because the value of virtual currencies is speculative, and can also disrupt the stability of the country's financial system.
December 11, 2018, 05:41:22 PM
anyone know what reason stoping bitcoin many countries,,,,,,,,,,what reason ?
The only reasons I could think of is power and information. As we all know all Government like is power and privilege over their citizens, they'd always want to be in control of every single affair and Invade citizens privacies at their will, and Bitcoin is getting rid of such things because it provides financial privacy and it also doesn't answer to any government.
December 11, 2018, 05:34:45 PM
I think that their main concern is control. Money allow them to control people. If you become an outlaw they can freeze your accounts and make you live poor, in hiding, until you run out of resources. Bitcoin takes this power away from them. Their secondary concern is surveillance. Government wants to know what and where you're buying, and how much you're earning. If you didn't buy on exchanges it's impossible to link you with your coins.
December 11, 2018, 05:01:25 PM
Governments, irrespective of the location or region, all have the mindset of ruling and dominating the masses thus wouldn't want anything card freedom for the citizens. Bitcoin prraches financial freedom but the so called government isn't pleased with it, thus they would do anything to stop it.
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