It is unlikely that the current state with the legalization of cryptocurrencies can be called a war with cryptocurrencies, but we still do not know how the government will behave in relation to the cryptocurrency in the future. We see that even Japan introduces some rules of cryptocurrency circulation, which are aimed at tightening, including the prohibition of circulation of cryptocurrency with a high degree of anonymity, such as Monero, Dash, ZCash and others. At the same time, there they are now trying to ease the tax pressure on citizens in cryptocurrency activities.
I think that in the future the states will try to limit the circulation of cryptocurrency on their territory and this will happen with varying success.
Topic: War on cryptocurrency! - page 2. (Read 4256 times)
they think that if a currency can`t be controlled than money laundering and illegal staff as well as the money in country would go easily outside the country by making more debts, so that`s why they don`t want it.
I don't see wars anymore...just stagnation...
It's very strage, probably it's the calm that preceeds the storm.
I'd like to know in what direction the wind will blow...
It's very strage, probably it's the calm that preceeds the storm.
I'd like to know in what direction the wind will blow...
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
Why is that?
Governments don’t understand Bitcoin and want to control it. It is true that Bitcoin and other cryptocurrencies will be disruptive to banking as we know it. This makes them want to hold Bitcoin back. Governments also want to make sure they get their taxes from us as well.
And I think they want to get bitcoin because it is so powerful but they didn't know that no one can handle it. They declaring war from this because they also see that it can affect their own country by using it. The taxes doesn't go to government because it go through the miners. I think when they cooperate from bitcoin then they can create some way to get huge tax than bank do.
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
Why is that?
Not literally at war though, they just cannot control cryptocurrency, they want to impose a tax for it but they dont know how it will be implemented since almost everything about crypto is decentralized type of system. With the rise of crypto, banks will become useless and government will also lose some income from the banks thru tax paying.
The war on cryptocurrency is that of a concerned parent. We want this to be the best it can be before we let it in. And what is, isn't ready for the masses. Although we would like to believe dumping a trillion dollars into something that isnt ready would in fact speed it up, it would also be a huge waste of effort and time for people to work on the very thing a single corporation could most likely produce. When its ready for the people, they will deregulate as they do all things worth emerging.
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
Due to its decentralized nature crypto is practically uncontrollable - the governments cannot track the expenses and saving of their citizens.Why is that?
Moreover, very often bitcoin and some other coins are used for illegal activities (drugs, weapons, pornography, terrorism), so by imposing regulations governments try to combat all these unplesant things.
Because bitcoin was conceived as an independent currency! Why does the state need it?
Bitcoin can not replenish the treasury of the state.
The anonymity of crypto currency allows citizens to avoid universal control over monetary transactions.
I think these are the main reasons.
Bitcoin can not replenish the treasury of the state.
The anonymity of crypto currency allows citizens to avoid universal control over monetary transactions.
I think these are the main reasons.
I think that this is largely due to the fact that it is unstable but I don't think you need to declare war since the future does not leave !
Yes I think there is no war between cryptos and the governments, even if the governments don't want to legalized it. Maybe they are just thinking that crypto will be a threat for their economy.
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
Why is that?
the war is direct to communities balance. not like they dont like crypto but people who use crypto for their own benefit which will jeopardize country economy.
I think that this is largely due to the fact that it is unstable but I don't think you need to declare war since the future does not leave !
I'm not sure what you exactly mean by war but if you are saying they are trying to ban it then yes. A lot of them have taken measures to ban cryptocurrencies. Not a good thing. Having cryptocurrencies is just a easy method to pay.
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
Simply because its transactions are anonymous and blockchain technology is helping terrorists deal a lot in the sale of weapons and drugs. But it still makes many businesses better at crypto trading. Why is that?
I think that many people in the government do not understand what a crypto currency is so they are afraid.
Governments do not know how to use cryptocurrency, so for now they are more opposing than helping.
What's more, how precisely do you figure war on a code will follow all the way through, as different wars on thoughts or ideas? governments battling it is the best proof that legitimizes crypto's utility, trades simply bait out individuals who are not yet in the insubordination and overload the offer of crypto proprietors who are in it to utilize it for a capacity.
It is difficult for the government to control the cryptocurrency , because of this it tries to block it in every way or impose taxes.
I don't think it will be possible because this cryptocurrency will be driven by various countries from all over the world so that the cryptocurrency is not suitable if it is used as a place of war, maybe what can be done for war is a price war that makes the price of cryptocurrency dump and pump quickly but I am sure it will definitely make a profit for those who can use the movement.
The Government of the world afraid that the power of the growing electronic money and exert opposite effects up the banking system. The Central Bank does not control the flow of money and national finance. It may be the main influence for money, and there is a war against an electronic money
when you're going to be exactly the war you think, in a code there's going to take its course, as other warfare is an idea or thought! governments are fighting against it with the strongest evidence that abolishes a utility of crypto, the change it calls only to people who have not been rebellious and are committing parts of the owners of a crypto that you have to do this to work
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