War on cryptocurrency! - page 13. | Bitcointalksearch.org

JPS2K5

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Quote from: mikan111 on January 16, 2018, 05:42:40 PM

Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?

Is there any war? Seriously? Because in our country, seems our Government has no sides yet whether to consider cryptocurrency yet as legal or illegal one, but One agency managing Banks, has given statement that investing in cryptocurrency is very risky, so when investing, one must study and learn before putting your money at risk. Because once you already know the technicalities in it, you can manage the risk properly.

tazmannia

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Quote from: mikan111 on January 16, 2018, 05:42:40 PM

Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?

You exaggerate. No one is at war with bitcoin, and not even fighting, such as the police struggle with drug smuggling.

olumyd

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It's hard to separate cryptocurrency from blockchain. Not that blockchain can't do without the other, but the essence of distributed computing goes beyond the networks compensations. The tech has unravelling effect on how conventional computing should be handled or improved upon. Consensus algorithms on the other hand are new ways to achieving trustless mechanisms and this has also impacted global economics as a whole. Hence, the concerns borders around the fact that the technology almost eluded the government and while they paid little to no attention to it, it has grown wild.

Samaaliu

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Governments declaring war on Cryptocurrency? I don't think this statement is true in its entirety. I quite agree that some governments have reservations about officially adopting cryptocurrency as a local means of exchange, it does not necessarily mean an outright war.

FalconB

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The problem is that the main chip of crypto-currency is anonymity. Because of anonymity, people are afraid to launder money and commit other illegal actions. I think this is one of the main reasons

green_fish

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The emergence of cryptocurrency is equivalent to leaving the role of national credit aside. This challenges an important part of the concept of the state.
For a country's rule, it will be a great hidden danger.

cheann20

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Quote from: mikan111 on January 16, 2018, 05:42:40 PM

Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?

Becuase some country they dont accept bitcoin. Becuase the Government does not understand Bitcoin which can also be used by someone who wants to earn income, and they are trying their best to regulate or ban bitcoin to avoid future conflict when it comes to their interest.

Lubang Bawah

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What happens to the current conditions is the bouts of negative campaigns about bitcoin and cryptocurrencies, haters pay a variety of media to limit the movement of ICO and crypto so as to keep the market down, but I'm optimistic that someday they will be silent.

Wittycoin

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Quote from: mikan111 on January 16, 2018, 05:42:40 PM

Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?

I think its because cryptocurrency are decreasing these country`s economy. Because instead of investing on some businesses which pays tax and give employment to people, many people now are investing their money on cryptocurrency, and as we kinow cryptocurrency are decentralized and does not even pay tax.

pharaon

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Quote from: mikan111 on January 16, 2018, 05:42:40 PM

Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?

Each country has different approaches to crypto-currencies and this is not surprising. Some countries accept bitcoins and other crypto-currencies as a means of payment, while other countries lock it or they are neutral to it.

[email protected]

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Government of any country would want to be in control of everything happening in their respective countries. They would never support any development that is out of their control power. You know already crypto currency is a decentralized in nature and no government in the world can regulate it.

Binmado

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Since there are so many altcoin in the market today, they compete a lot in all aspects, so I do not think it's a good idea to focus on investing or holding. Project to choose the best ICO

BILGPS

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Many countries have in war with crypto because they do not allow other currencies to trade in the countries and people will not give interest in their own currency and due to the virtual nature people would love to use and trade these currencies so i think there are some bitcoin friendly countries doing well for bitcoin and other crypto.

iASIC

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AMA BCT

Can be used from the war, because now electronic money has so many coins, they compete with each other a lot, they always create programs to attract investors to them, perhaps this is a The battlefield is filled with troubles for investors in tokens.

microwave

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Quote from: mikan111 on January 16, 2018, 05:42:40 PM

Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?

Actually no crypto currency war occurred in our society, it has been trying to built serving to people the intention of quality service for the people with different promises. this is the product of new high technology uses to all people throughout the world. but not all crypto currency are succeed their Flatform only bitcoin is popular than others. we don't also blaming to other cypto was failed because we also the one who responsible and made a choice on who are our beat when it comes to choose what is the best crypto currency that actually useful to us.

Poorman80

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Globalcurrency -100% backed by gold

It is because cryptocurrencies affects the economy. Millions of money if not maybe billions are are spent daily. And because of these the government has to look what happens to their investors. Should they get to give their money on scams then that is a sure loss to the government. This could be the reason why one day they might just be regulating it.

Rox123

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The elite 0.1% have been ruling the world by forcing all of us to play in a game they’ve rigged to their own advantage.

Cryptocurrency is the biggest and potentially fastest redistribution of wealth the world has ever seen. The ruling class will not give up without a fight. People will be jailed, defamed, and some will literally lose their life in this war. We are talking about a significant percentage of the world’s economy here. People have been murdered for much less.

If you sell, they win. If you HODL, there is nothing they can do. They have the wealth but we have the numbers. If we choose to place our belief and a bunch of magical internet coins they don’t own, then we are robbing them of their wealth and their power over us.

andrei56

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Quote from: MiXxe on June 23, 2018, 01:19:14 AM

Is there really a war? I haven't heard any in our country. What government are you referring to and what cryptocurrency? I wonder how advance your mind is to declare that there is a war in cryptocurrency. How ridiculous you are to foretell this to everyone here?
There are lots of things that each government have to prioritize other than the cryptocurrency. They couldn't even make a way to legalize this how much more to make war with this? And who are they going to shoot?

You are taking this in a literal way, what the op means is that there are attempts from governments to go against cryptocurrencies and in my opinion it is very obvious this is the case, we only have to take a look to see many countries creating regulations to try to take control of cryptocurrencies and when they realize that is not going to be enough they are going to ban it but that will not work either.

Kurokyy

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LETS GO ADAB

Quote from: mikan111 on January 16, 2018, 05:42:40 PM

Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?

In my own opinion, governments war on cryptocurrency is just the same as war on drugs, government will not be able to stop people who are using cryptocurrency because people will still be investing on bitcoins since it was very profitable.

yusupjatigumilar

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the government is afraid that if the cryptocurrency is legalized then the FIAT currency of their country will weaken, and culminate in the economic crisis, of course, the government does not want it to happen, so because the government is incessantly banning the cryptocurrency

Topic: War on cryptocurrency! - page 13. (Read 4228 times)