Topic: War on cryptocurrency! - page 21. (Read 4228 times)
Governments or any other private parties weren't declaring any kind of war against bitcoin or the cryptocurrency. What they do is just regulating the usage fearing to the cryptocurrency, because of the decentralized state. Possibly this will change as some governments have researched well and known much about the need for Cryptocurrency.
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
Maybe the government is studying the bitcoin taxation. During this time, the government will ban the bitcoin because the government has not yet controlled bitcoin. That is my opinionWhy is that?
The government won't accept why they can't control or gain from. The government as a whole is made up of human beings who makes decisions for their people and if the government of that country says no then it's no. Bitcoin will not give them access to people's account, again it will be difficult to collect tax and monitor transactions since it's a personal thing.
Maybe they are afraid in cryptocurrency so other countries are starting war against cryptocurrency. I am very thankful that my country is starting to recognize cryptocurrency.
This would happen someday. Right now, some countries have accepted bitcoin in their vicinity and in some countries, bitcoin are under consideration for being legalized or not. But mainly, bitcoin wouldn’t be accepted so soon by the whole world. People don’t accept them so soon because it might be a problem for those who have businesses in gold and silver. So they prompt war. 
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
Why is that?
Really? As of now, I never heard a news like that. I think its just a fake news. But in my opinion in that case, I do not think the government will easily declare a war on cryptocurrencies. Because until now, bitcoin do not do anything violence against the government. Maybe their fight is not what I though in my mind but war on delaying and do not accept bitcoin in some countries. For sure, because the bank is scared that the bitcoin could replace them in the economy and that is wrong. For me, bitcoin is an optional currency that we can use in many transactions we do.
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
Why is that?
Because most of these countries that against Bitcoin existence are governed by close minded leaders in which they already judged Bitcoin currency investment will ruin their country without considering the power of regulation to eliminate their fear but i believed that when the time goes by these few countries that waging war with Bitcoin will lower their pride as majority of the countries that supporting Bitcoin are strong countries that will be a good influence for the others.
war cryptocurrency seems the government is fighting cryptocurrency by not accepting and will not legalize cryptocurrency as a valid payment instrument.
they assume that crypto will monopolize currency trading leading to losses of the state, so they take anticipatory steps that they may think are right
or maybe because they are not sure how the crytocurrecy system works
or maybe because they are not sure how the crytocurrecy system works
because banks do not want crypto or bitcoin to be used by all the people and the banking community through its government will definitely make a ban to protect their interests
Because government does not want to accept cryptocurrency due to its uncertainty and legalities. It is so hard to pass a law that will enable and accept cryptocurrency in that certain country especially if bitcoin has a lot of technicalities and it is difficult for the average person to understand how it works. Aside from that other are considering cryptocurrency as a gamble but in my opinion i am open minded and love the way cryptocurrency being made. It is just some are close minded person that always thinks the negativeness on it.
Perhaps the government thinks that with the circulation of bitcoin in an increasingly widespread country will have a bad impact on the local currency later so the way to deal with the ordeal is to declare war on this digital currency as soon as possible.
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
Why is that?
Not actually war, they are concerned since there are a lot of scam in cryptocurrency and they are protecting their people and investors from getting involved of it. Some are banning cryptocurrency and some are regulating it to limit the possibility of people getting involved in scam project or investments.
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
That’s practically a waste of time. The U.S are not fully against Bitcoin, same with Russia. Russia government even talked about opening up a Bitcoin mining farm which I believe they might have done by now cause they are fully in support of Bitcoin. There are also lots of countries that supports the use of Bitcoin. As for those who are against it, that’s their business alone.Why is that?
You forget about Japan which have not only accepted Bitcoin and cryptocurrency but they have developed lot of exchanges and the acceptance is high between cryptocurrency users. South Korea are also developing some regulation to run smoothly cryptocurrency business in their country.
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
That’s practically a waste of time. The U.S are not fully against Bitcoin, same with Russia. Russia government even talked about opening up a Bitcoin mining farm which I believe they might have done by now cause they are fully in support of Bitcoin. There are also lots of countries that supports the use of Bitcoin. As for those who are against it, that’s their business alone. Why is that?
there are so many reasons behind the war against crypto currency by many governments like some of them declare that crypto is illegal and this money is using for illegal activities but if we look at the money nature other currencies would also be used for the criminal activities as well and crypto is also a money we should welcome it and we have to use the money for a good purpose.
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
Why is that?
War on cryptocurrency is just like drugs, no one can really prevent every people from investing on cryptocurrency because those who are knowledgeable about the market will really invest on bitcoins more than placing their money on the banks.
Because the government cannot control and supervise the cryptocurrency!
Moreover, cryptocurrencies have affected the financial order of the country, and the government cannot collect taxes from cryptocurrencies. Therefore, the government is very helpless. Some countries even declare that cryptocurrencies are illegal!
Moreover, cryptocurrencies have affected the financial order of the country, and the government cannot collect taxes from cryptocurrencies. Therefore, the government is very helpless. Some countries even declare that cryptocurrencies are illegal!
For me its not totally war on cruptofurrency they are just focussing on how they will put taxes through bitcoin and also they are worried because they think that some of the bitcoiners used it for illegal purposes and also they cannot trace any transactions.Controlling bitcoin needs more studies or cannot be control.
No much gain saying on this issue. It is very much obvious that Government does not want Rival in the discharge of its duties in the Economy which they Govern, and most of them are seeing BTC as A rivalry tool on line because it is deregulated. Another issue is that revenue or Tax to be charged against any BTC Holder is not made possible based on the Amity and its peer to peer nature of operation. Hence, the revenue drive is being hindered. Owing to this, waging war against BTC is very much eminent, though, I believe in less than the next century, BTC would have dominated if not totally out casted even the Fiat money by the Government regulation.
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.
Yes government always want us to pay for them, taxes are their way, they dont understand crypto neither control it, so they preventing it by spreading, banning crypto in some countries are their resolve.
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