Now it's an all out war : Government Vs cryptocurrencies - page 3.

Money_catcher

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Quote from: pooya87 on July 14, 2019, 10:44:23 PM

Quote from: fiulpro on July 14, 2019, 10:25:51 PM

Now there is a statement how they are proposing companies to stay away from the digital currencies .

wrong.
it is proposing to prevent them from creating their own cryptocurrency like what Facebook is trying to do and practically start printing money out of thin air.

Quote

In India they are proposing a draft to ban all cryptocurrencies
Even dealing with them will land you in jail for 10 years and even holding unlawful.

wrong and this is not new, it has been going on for a couple of years now and the recent bill had nothing to do with jailing people for using bitcoin, it was misinterpreted by the shitty news sites.

Quote

We have already seen how China banned Bitcoins so did many other countries...

wrong. China has never banned bitcoin!

Not bad, put everything in its place Grin

EdenHazard

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There are a lot of thing must be considered when we read an article on the media social about cryptocurrencies. My country has been accepting bitcoin to be use as investment place or trading place that previously they decided to ban all of form about cryptocurrencies but now it is not like that, they tried to regulate it and has been feeling the advantage how the advantages of receiving cryptocurrencies.

Although we still find a few countries that banned it but it won't take a long time to change their thinking to change their decision to accept cryptocurrencies. I'll be fine if cryptocurrencies are not used as payment system because there is a lot of function that can be use by most people to keep use cryptocurrencies in their lives. So, the government will not have a concern because everyone will use the means of payment with money fiat.

Cryptocurrencies can be use as an alternative if they find a hard thing when doing something, such as to send money between countries, investment place or even buy something outside his country. I think some of these methods will be difficult if only using money fiat and cryptocurrencies are the solution.

unusualfacts30

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I think they're at war with corporations and really fighting for who will run the system in the coming future. As far as bitcoin, it's not new they have been against it every now and then but you would notice that fud starts dropping as soon as bitcoin price starts moving up. They are no where to be seen once value is stable.

BrewMaster

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Quote from: Erickan on July 15, 2019, 07:40:18 AM

The government has reason to be concerned about crypto, currently crypto has not shown any practical application value except as a speculative method. The government has the right to worry that crypto will turn into a tool to carry out illegal activities. I think only when the government finds a way to control crypto, then will the government support and develop crypto.

i'll believe that the day the government started being worried about the banks and all the illegal activities that they are constantly doing! how many times do we have to see it in the news about their drug money, their money laundering and all the other illegal things they are doing before someone does something about it?

izanagi narukami

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My government is against with crypto but they never forbid their people to use it.
We still can use it with our own risk !

It's different when you're using "war" with drug, that's correct word, not in crypto trading !

Erickan

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The government has reason to be concerned about crypto, currently crypto has not shown any practical application value except as a speculative method. The government has the right to worry that crypto will turn into a tool to carry out illegal activities. I think only when the government finds a way to control crypto, then will the government support and develop crypto.

davis196

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This is thread number 100 discussing the damn Trump tweets about bitcoin.Can we just get over it and move on.Governments are usually anti-crypto and they are always spreading FUD.This has been a thing for years,why so many forum members act as if they are surprised by the position of Trump or any other politician.

YuginKadoya

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Even if the Government do not say it they sure are interested enough with cryptocurrency, Because of the booming price and many adopters in it, I guess even though Trump had said something like that, Those companies and people that are engaging with Cryptocurrency will still continue, And the government will just prevent the unlawful creation of cryptocurrency Well I think that they can not undo what Bitcoin has established right now because they also take benefit from it.

Slow death

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Quote from: fiulpro on July 14, 2019, 10:25:51 PM

Hey

We all know how President Trump Tweeted about the Libra and Bitcoins , how they aren't Money and all .

https://www.coindesk.com/us-president-donald-trump-says-hes-not-a-fan-of-bitcoin

he gave his opinion, he did not ban anything. it's just only his opinion as a person, why are making drama because of it? according to the opinion of this guy Alex Krueger:

Trump Banning Bitcoin is Feasible But Highly Unlikely, Says Economist

it's improbable ban bitcoin

Quote from: fiulpro on July 14, 2019, 10:25:51 PM

Now there is a statement how they are proposing companies to stay away from the digital currencies .

https://www.reuters.com/article/us-usa-cryptocurrency-bill-idUSKCN1U90NL

Where is the proof?

Quote from: fiulpro on July 14, 2019, 10:25:51 PM

In India they are proposing a draft to ban all cryptocurrencies
Even dealing with them will land you in jail for 10 years and even holding unlawful.
https://gadgets.ndtv.com/internet/news/bitcoin-ban-india-cryptocurrency-law-10-year-jail-2049939

india has its culture and religion and a politics very different from many countries, is an isolated case that should not be used as an example

joelsamuya

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Quote from: Kakmakr on July 15, 2019, 12:36:23 AM

Stop spreading FUD, governments have shown new interest in regulating Crypto currencies properly after the G20 Summit that was held in Japan. See this : https://g20.org/pdf/documents/en/FINAL_G20_Osaka_Leaders_Declaration.pdf and also https://cointelegraph.com/news/g20-leaders-reaffirm-position-on-cryptocurrencies-in-statement

There is definitely not a war being fought against Crypto currencies, but rather an agreement to regulate it and also to make sure that there are standard practices implemented to handle this. Roll Eyes

And I fully agree. This is all about regulations and we know that the government has all the power and means to effect any regulation that it wanted...though there is no finality yet on this discussion and the government is not on a hurry on this matter. Maybe we are just getting in advance that there is to be an all-out war coming from the government...but it will never happen. Had the US government been thinking that way, then it can have just declared the whole thing to be illegal but it is seeing things in reality that is why right now there is no such thing as the imagined onslaught from the government though of course we have to accept that people can have different opinions and mindset on this industry and Trump is no exception.

Broly46

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0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC

Quote from: breathlessz on July 15, 2019, 03:01:19 AM

Quote from: Broly46 on July 15, 2019, 02:52:52 AM

It is a war within self control, I had no doubt everyone have their own anxieties, govt anxious with the usd and we are anxious with our bitcoin bags, but most of us are nearly immune to the anxieties, because most of the fud are repetitive and focusing the same behaviors, when the anxieties are over we will become stronger and tougher.

right. anxiety about bitcoin does not need panic. we still remember in 2018, where many economists said the bitcoin bubble, until the price reached $ 3500. but what happened was the opposite. bitcoin has grown to reach $ 14k, the government is worried because of the decentralized system attached to bitcoin

Anxieties are on the rise since the last crisis and I still remember all the big name news making a big fuss about all the abnormal things people are doing, people are going down the town and start beating each other, Lehman brother are being brutally shamed so badly, and I think it is no turning back to the time before crisis, we know the last good old time is over and not coming back, all we can do is looking at the anxieties to reach another new high everyday, for how long? It’s god know question. And the anxieties have create a generation of people who behave just same like John McAfee.

antisocial77

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they make money and rule the world for many years with current system.of course they dont want a threat like crypto.if they see a way to make profit with crypto, those tweets will change to bitcoin is the king

stompix

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Blackjack.fun

Quote from: jseverson on July 15, 2019, 02:22:09 AM

This is why you read beyond the headlines.

But yeah, no such war is being waged. Some people seem to believe that governments have this personal vendetta against Bitcoin, but it's usually far from reality.

Some bitcoiners need an enemy, need the government to be against them, need to be some sort of heros suffering from oppression and still, they will win, they will conquer the world , they will build another civilization ...although the only thing they are actually doing is buying some coins with fiat and hodling till they will get rich.

But we need drama, persecution, pitchforks!!!!

And the most important thing, who started this? Trump?
The man that can backtrack on his words in seconds, the man that has no clue if Europe is vest or east of the US? The man that can't go to FB because it would he would have no excuse to write down less than 20 words at a time?
The deal breaker who hasn't managed to sign a deal in 3 years?

Wind_FURY

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OP, you should understand that the only way for state-level actors to "win" is to be in "the game". Preventing, criminalizing, banning Bitcoin will be self-isolation.

breathlessz

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Trphy.io

Quote from: Broly46 on July 15, 2019, 02:52:52 AM

It is a war within self control, I had no doubt everyone have their own anxieties, govt anxious with the usd and we are anxious with our bitcoin bags, but most of us are nearly immune to the anxieties, because most of the fud are repetitive and focusing the same behaviors, when the anxieties are over we will become stronger and tougher.

right. anxiety about bitcoin does not need panic. we still remember in 2018, where many economists said the bitcoin bubble, until the price reached $ 3500. but what happened was the opposite. bitcoin has grown to reach $ 14k, the government is worried because of the decentralized system attached to bitcoin

Initscri

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It's not a war, but this is a step in the wrong direction for Trump & the Republican party in general. Not to be partisan here, but they aren't supposed to be ones going against a free market solution like Bitcoin. It's sad to see TBH.

Some of the more libertarian-leaning republicans need to step up and propose an opposition to this (at-least verbally)

phamminhtan

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The government banned crypro because it did not really benefit them, they could not control it, could not collect taxes from it and even consume the government's budget, increasing technology crime to Alarm, But they must admit that the value of crypro application is very high.

Haunebu

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www.Crypto.Games: Multiple coins, multiple games

Just another FUDster losing it and making big claims. A war? Seriously op? Have you been living under a rock all this time? The truth is pretty clear to everyone which is majority of the governments fear BTC.

You cannot ban BTC and crypto in general. You can regulate it though. Proposals don't mean laws. Nothing surprising about these threads popping up since BTC is going down in value currently.

Broly46

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0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC

It is a war within self control, I had no doubt everyone have their own anxieties, govt anxious with the usd and we are anxious with our bitcoin bags, but most of us are nearly immune to the anxieties, because most of the fud are repetitive and focusing the same behaviors, when the anxieties are over we will become stronger and tougher.

arpon11

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Quote from: fiulpro on July 14, 2019, 10:25:51 PM

Hey

We all know how President Trump Tweeted about the Libra and Bitcoins , how they aren't Money and all .

https://www.coindesk.com/us-president-donald-trump-says-hes-not-a-fan-of-bitcoin

Now there is a statement how they are proposing companies to stay away from the digital currencies .

https://www.reuters.com/article/us-usa-cryptocurrency-bill-idUSKCN1U90NL

In India they are proposing a draft to ban all cryptocurrencies
Even dealing with them will land you in jail for 10 years and even holding unlawful.
https://gadgets.ndtv.com/internet/news/bitcoin-ban-india-cryptocurrency-law-10-year-jail-2049939

We have already seen how China banned Bitcoins so did many other countries...

I think it's an all out war right now
Government Vs Bitcoins.

Except for the countries who support Bitcoins.

This is expected since the beginning and don't expect governments to welcome any technology that is going to take control of money and finance from their hands and put it in the hands of the citizens. The USA President statement on bitcoin to his millions of follow is premeditated and the aim was to deal a heavy blow on the cryptocurrency market but the market doesn't respond too much and that is why I am happy and it is a pointer that many people have started to believe in Bitcoin than the government's directives. In India people are still investing in bitcoin, China still has the largest mining farms and I believe Bitcoin and cryptocurrency are here with us.

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