Topic: They will try to stop Bitcoin - page 3. (Read 1235 times)
There are some restrictions in some countries that do try to stop bitcoin. That's okay because not all countries are eligible to accept bitcoins and not everyone accepts bitcoins either. even this has happened from the start but bitcoin has proven that it deserves to be accepted and also used with its soaring value and rapid development. each country must have its own regulations to be able to accept or prohibit bitcoin for certain reasons.
there are so many who try to stop bitcoin such as one example of the Chinese state which strongly opposes the circulation of bitcoin in that country where they forbid its people to adopt bitcoin, even though bitcoin is opposed by various countries but they are unable to stop the circulation of bitcoin or prohibit bitcoin from circulating in the global stock market, they can only ban the circulation but can't stop the bitcoins
Can you give us more examples then besides China though? You said there's a lot of groups or entities that are trying to stop bitcoin pretty sure that it's not only China though. Also, I don't get how there is a global stock market involved, they are a different kind of investment market so they really can't stop bitcoin if it doesn't exist right?Let me answer that, I don't know if this list is still updated but there are the top 5 countries in which cryptocurrencies are banned.
1- CHINA
2-BOLIVIA
3- INDONESIA
4- TURKEY
5- EGYPT
source / https://www.news18.com/news/tech/five-countries-that-have-banned-cryptocurrencies-4233206.html
there are so many who try to stop bitcoin such as one example of the Chinese state which strongly opposes the circulation of bitcoin in that country where they forbid its people to adopt bitcoin, even though bitcoin is opposed by various countries but they are unable to stop the circulation of bitcoin or prohibit bitcoin from circulating in the global stock market, they can only ban the circulation but can't stop the bitcoins
Can you give us more examples then besides China though? You said there's a lot of groups or entities that are trying to stop bitcoin pretty sure that it's not only China though. Also, I don't get how there is a global stock market involved, they are a different kind of investment market so they really can't stop bitcoin if it doesn't exist right? 
they will always do whatever it takes to stop bitcoin, and they will not stop until their efforts succeed, they are always finding fault with bitcoin mining, I accept they stopped bitcoin to provide electricity, and create a clean environment for its citizens, but the question is why the government doesn't act fairly, because the miners of gold, coal, oil etc. why not stop, even their companies are supported by the government, such as in my country PT Lapindo which has released a lot of waste, thus destroying people's houses, but the government is silent and does not do nothing
To many attempts made by anti bitcoin from the past but nothing of them succeed and how much more right now where the adoption spreading fast across the globe for sure they will not succeed on what they plan towards this currency.
But for sure those any attempts will not succeed since one thing is for sure they are also into bitcoins and they are just spreading hate or any other reasons what you said just to paint bad bitcoins and dump it temporarily.
It is already too difficult to stop something. If they wanted to do it, I think they would have done it earlier.
there are so many who try to stop bitcoin such as one example of the Chinese state which strongly opposes the circulation of bitcoin in that country where they forbid its people to adopt bitcoin, even though bitcoin is opposed by various countries but they are unable to stop the circulation of bitcoin or prohibit bitcoin from circulating in the global stock market, they can only ban the circulation but can't stop the bitcoins
China has their own crypto meaning they are hindering bitcoin for their own benefits,that is a bias stand ..
but the people inside does not like their policy because there are so many miners in their region.
and look after their banning , bitcoin climbed another high.
Everything will really vary on demand of course but sentiments like this could neither give out some significant impact or not depending on how the community would react into it.
Stopping is something usual to happen because government does really hate decentralized things.
I believe one of the primary motivations for governments to ban cryptocurrencies is not to protect people from its dangers, but to make sure that people do not have access to the same tools being used for criminal activities by the government itself. There are so many reports and documentaries about how high profile (and low profile as well) politicians are hiding their money professionally in order to evade taxes and finance evil causes, what would the world be if everyone could do that? Better ban it for the majority of people! 
Exactly. It looks like the primary goal of every government is not to protect the citizens living on a territory a government has managed to get control over, but rather to protect itself from internal and external enemies and to prolong its existence. The two main "problems" of bitcoin are that there is no way for a single centralized entity such as the government to control it and therefore people using it, and also it is completely transparent for an outside observer. Functioning outside the scope of influence of the government, Bitcoin is threatening the status quo, the current financial system. Paradoxically, but if the vast majority of people choose bitcoin as their primary currency, the current financial system, which is based on government-issued fiat, may collapse. Why are they afraid of a transparent financial system based on sound digital money? First, with bitcoin, they can't finance their shady activities by inflating them, and second, they can't finance shady activities secretly because bitcoin is transparent. Bitcoin keeps them constantly in check and makes their power more limited.It makes government's power more limited while extending the range of tools for financial activities for "ordinary" people. If you read Gabriel Zucman's analysis about how much money is hidden in tax paradises by the world's elites, holy shit I tell you, that is beyond imagination!
One major problem from the perspective of governments also is the fact that they can't freeze your Bitcoin accounts (assuming you are in control of your private keys and can keep them secret). They could put you into jail, but that doesn't bring them the money they might be after. Bitcoin in this regard definitely brings the world closer to a level playing field. This doesn't mean that everyone now has an opportunity to evade taxes and should use it, but the fact that tax evasion by the elites might entail a (harmful) counteraction by the "normal" people definitely helps at least a little bit to balance out power ratios. I know, we are far from a real balance here, but that is something we won't strike ever anyway for a plethora of reasons.
there are so many who try to stop bitcoin such as one example of the Chinese state which strongly opposes the circulation of bitcoin in that country where they forbid its people to adopt bitcoin, even though bitcoin is opposed by various countries but they are unable to stop the circulation of bitcoin or prohibit bitcoin from circulating in the global stock market, they can only ban the circulation but can't stop the bitcoins
China has their own crypto meaning they are hindering bitcoin for their own benefits,that is a bias stand ..
but the people inside does not like their policy because there are so many miners in their region.
and look after their banning , bitcoin climbed another high.
Well, that illegality is might be the concern of the government which urges them to regulate crypto but somehow, as to see that they are doing something more than that, they are aimed to manipulate and then take control.
there are so many who try to stop bitcoin such as one example of the Chinese state which strongly opposes the circulation of bitcoin in that country where they forbid its people to adopt bitcoin, even though bitcoin is opposed by various countries but they are unable to stop the circulation of bitcoin or prohibit bitcoin from circulating in the global stock market, they can only ban the circulation but can't stop the bitcoins
China has their own crypto meaning they are hindering bitcoin for their own benefits,that is a bias stand ..
but the people inside does not like their policy because there are so many miners in their region.
and look after their banning , bitcoin climbed another high.
there are so many who try to stop bitcoin such as one example of the Chinese state which strongly opposes the circulation of bitcoin in that country where they forbid its people to adopt bitcoin, even though bitcoin is opposed by various countries but they are unable to stop the circulation of bitcoin or prohibit bitcoin from circulating in the global stock market, they can only ban the circulation but can't stop the bitcoins
Bitcoin has proven to be very strong, even many parties have tried to stop Bitcoin always ending up failing. There have been many FUDs spread
by Bitcoin haters to stop Bitcoin, but they always fail. Although some FUD did affect the price of Bitcoin, but in the end Bitcoin managed to recover
and the price continued to rise. As long as there are people who use Bitcoin, Bitcoin can never be stopped. Especially with the performance that Bitcoin
has shown, which in a pandemic situation, Bitcoin can still grow. This is one of the reasons why more and more newcomers are investing in Bitcoin,
because it is proven that Bitcoin can be used as a source of income. There has been a lot of evidence spread on the internet that shows some
people managed to get rich after investing in Bitcoin. Although there are quite a number of benefits that Bitcoin provides for human life, it will never
be able to satisfy everyone. So there will always be those who hate Bitcoin and want to stop it, but no matter how hard they try to stop Bitcoin,
it won't work.
there are so many who try to stop bitcoin such as one example of the Chinese state which strongly opposes the circulation of bitcoin in that country where they forbid its people to adopt bitcoin, even though bitcoin is opposed by various countries but they are unable to stop the circulation of bitcoin or prohibit bitcoin from circulating in the global stock market, they can only ban the circulation but can't stop the bitcoins
They Will will try to everything but they can't stop Bitcoin. Because Many people supporting bitcoin and bitched already huged development day by day.I Think bitcoin will go their rules and will be more development in future. Bitcoin price increase this year.i Think bitcoin price will be more rise in future.
You should not indulge yourself with the thought that states will not be able to do anything with bitcoin if they wish. They have not yet tried to stop him and it would be better if they did not have such a desire. So far, there is a good reason looming to ban Bitcoin mining. But the very circulation of bitcoin is practically not threatened by anything. It may well exist with an offer of 18 million. And it will be difficult to control this process of banning mining all over the world. There are several states from third world countries where bitcoin will still be mined.With the higher bitcoin price, people or government will not let it away as simple because if they do not take part inside bitcoin, they will regret it someday. The government can stop bitcoin but when bitcoin becomes bigger and gets more popular, more countries will support bitcoin.
I believe one of the primary motivations for governments to ban cryptocurrencies is not to protect people from its dangers, but to make sure that people do not have access to the same tools being used for criminal activities by the government itself. There are so many reports and documentaries about how high profile (and low profile as well) politicians are hiding their money professionally in order to evade taxes and finance evil causes, what would the world be if everyone could do that? Better ban it for the majority of people!
Exactly. It looks like the primary goal of every government is not to protect the citizens living on a territory a government has managed to get control over, but rather to protect itself from internal and external enemies and to prolong its existence. The two main "problems" of bitcoin are that there is no way for a single centralized entity such as the government to control it and therefore people using it, and also it is completely transparent for an outside observer. Functioning outside the scope of influence of the government, Bitcoin is threatening the status quo, the current financial system. Paradoxically, but if the vast majority of people choose bitcoin as their primary currency, the current financial system, which is based on government-issued fiat, may collapse. Why are they afraid of a transparent financial system based on sound digital money? First, with bitcoin, they can't finance their shady activities by inflating them, and second, they can't finance shady activities secretly because bitcoin is transparent. Bitcoin keeps them constantly in check and makes their power more limited. No, it isn't that "They will try to stop Bitcoin" according to your topic but that they already have been doing it. The exciting part though is that they won't be able to succeed at it.
Yes, they are? And the government cheats their people in a way that they never give this opportunity their people to enjoy and make a good living out of crypto. The government has their unfair decision, it is supposed they ask first to the community before implementing the ban. If that their purpose is to stop fraud, money laundering, and other illegal activities, that I think there is a way to decrease this coz this will never stop no matter what they do. A ban on mining alone would be bad, but not as bad as total ban on everything Bitcoin-related, like they did in China.
Even with the complete ban by the Chinese government, despite her population, Bitcoin is still thriving. At the end, China will be the sore loser in all that. I believe one of the primary motivations for governments to ban cryptocurrencies is not to protect people from its dangers, but to make sure that people do not have access to the same tools being used for criminal activities by the government itself. There are so many reports and documentaries about how high profile (and low profile as well) politicians are hiding their money professionally in order to evade taxes and finance evil causes, what would the world be if everyone could do that? Better ban it for the majority of people!
''They will try to stop Bitcoin''
This is not a matter of "will." They have already been trying to stop Bitcoin. This is just one of those attacks. This is in a way unique in that this is coming from another side. When Bitcoin was first attacked by these same scumbags, the attack came from the side of Bitcoin being labelled as an underground currency which is preferred by none other than the criminals.
That attack didn't last long. Today, even the richest person on the planet and other billionaires own Bitcoin. That's why they're constantly changing attack approaches because they fail every time.
Crypto threat to existing banking system. US uses "only criminals use it", because the law motivates the sheople in the US. EU uses it's not green enough, because that motivates the sheople their.
The sheople are slowly waking up to the massive inflation caused by the rampant money printing and theft of people's savings through the pandemic stock market crashes worldwide and rampant money printing.
They see the deflationary currency that is BTC and they want out of the system.
The NWO won't let that happen.
They Will will try to everything but they can't stop Bitcoin. Because Many people supporting bitcoin and bitched already huged development day by day.I Think bitcoin will go their rules and will be more development in future. Bitcoin price increase this year.i Think bitcoin price will be more rise in future.
You should not indulge yourself with the thought that states will not be able to do anything with bitcoin if they wish. They have not yet tried to stop him and it would be better if they did not have such a desire. So far, there is a good reason looming to ban Bitcoin mining. But the very circulation of bitcoin is practically not threatened by anything. It may well exist with an offer of 18 million. And it will be difficult to control this process of banning mining all over the world. There are several states from third world countries where bitcoin will still be mined. Yes, they are? And the government cheats their people in a way that they never give this opportunity their people to enjoy and make a good living out of crypto. The government has their unfair decision, it is supposed they ask first to the community before implementing the ban. If that their purpose is to stop fraud, money laundering, and other illegal activities, that I think there is a way to decrease this coz this will never stop no matter what they do.
Every government have different say as some of their people uses it to cheat or scam their community while other governments plans on improving their implementation of having crypto to be used fully by their people to help them in their living. It will depend on the situation of each country but mostly many stops it as it hinder their political will or too scared that they can’t control their people’s money once they all use crypto.Indeed, every government has their own reason why they have different approach towards bitcoin.
Some are very open like El Salvador, while others are totally shutting it down like China.
You can really see the difference here by looking at these 2 countries.
However, whether countries have varying regulations towards crypto, it shows that no one can totally dictate its future.
... Their goal is not about giving the opportunity for their people to live better ...
Bitcoin's goal is about giving the opportunity for the people to live better ...
Yes, they are? And the government cheats their people in a way that they never give this opportunity their people to enjoy and make a good living out of crypto. The government has their unfair decision, it is supposed they ask first to the community before implementing the ban. If that their purpose is to stop fraud, money laundering, and other illegal activities, that I think there is a way to decrease this coz this will never stop no matter what they do.
Every government have different say as some of their people uses it to cheat or scam their community while other governments plans on improving their implementation of having crypto to be used fully by their people to help them in their living. It will depend on the situation of each country but mostly many stops it as it hinder their political will or too scared that they can’t control their people’s money once they all use crypto.It can't be just a political will but this is because of greediness. And they will stop and never allow crypto to exist in their place if they can never control it nor to have the benefits.
Yes, they are? And the government cheats their people in a way that they never give this opportunity their people to enjoy and make a good living out of crypto. The government has their unfair decision, it is supposed they ask first to the community before implementing the ban. If that their purpose is to stop fraud, money laundering, and other illegal activities, that I think there is a way to decrease this coz this will never stop no matter what they do.
Every government have different say as some of their people uses it to cheat or scam their community while other governments plans on improving their implementation of having crypto to be used fully by their people to help them in their living. It will depend on the situation of each country but mostly many stops it as it hinder their political will or too scared that they can’t control their people’s money once they all use crypto. Jump to: