Topic: War on cryptocurrency! - page 22. (Read 4259 times)
It is sad, but true. we can face that right from the time when Bitcoin became popular and significant. Strange thing about the war wasnt when BTC wasnt so popular!
So if this refers to te government banning or illegalizing cryptocurrency stuff in the market, then i would say it like this way. Governments sure didnt understand well how cryptocurrency work so they cannot classify it as a currency or an asset to add tax into. Other thing is that they also protect the people from scams crypto would be bringing because they cannot control it.
The main reason why many governments declare war on bitcoin because they do not want their local currency to collapse with bitcoin so they anticipate it by the rejection of bitcoin and cryptocurrency.
This may slow down the collapse in countries where the local economy is still strong but in countries where things are not working out correctly a ban is not going to have an effect, people are going to do what they need in order to survive, at some point things get so bad that even law abiding citizens will risk going to jail than to go another day without food. 
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
Governments want to get tax on crypto transactions because all the transactions are decentralized and governments can't control it. They are against freedom. Why is that?
too over if we are thingking something like that, this thing is kind a normal when many country are competing in this kind of situation with some crypto inovation at this rate. and still many crypto but not much are good to invest, so let them prove their project
The main reason is that they are simply afraid of competing with cryptocurrencies. Second , they are afraid that money obtained by criminal means will be laundered with the help of cryptocurrencies. Third, it is very difficult to collect taxes from cryptocurrencies.
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.
Yes definitely Banks and governments are afraid of cryptocurrencies that's why did decide say two block or removed from their current countries but it is not possible to block are all the countries in the world because cryptocurrencies are more powerful than other currencies it is built up with no one else so we cannot do anything against Bitcoin are other cryptocurrencies.
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
Why is that?
You're exaggerating. No one declares war, it is the flight of your fantasies. And don't use words like war at all. Tell me you want to cryptocurrency took its place in our world? If so, then stop spraying rumors and create such branches on the forum.
This is happening because of the fear that crypto currency is unhealthy of the economy. So they are trying their best to bring crypto currency down for that very reason.
Basically, they cannot control cryptos online, since intetnet is very hard to track and pbase it down, it will take time to investigate stuff, specific country is earning lots of money because of bitcoin.
That's true. In order to ban or fully control bitcoin or other crypto you basically need to ban the Internet completely. More and more people learn how to use VPN due to regulations, so banning exchanges won't help governments in long term.
Basically, they cannot control cryptos online, since intetnet is very hard to track and pbase it down, it will take time to investigate stuff, specific country is earning lots of money because of bitcoin.
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.
Whenever a new player comes and threatens the big players such as the banks and the governments, they will feel threatened and attack it in order to preserve their own power.
Naaa man there isnt WAR on cryptos. Everyone is hesitant and isnt fully 100% trustworthy on the idea i wouldnt say War.
Regulation isnt war.
Regulation isnt war.
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
This is tough year for crypto as most of the countries cracking this industry, but I believe in governments sentiment over regulating this industry to protect its citizens from fraud and scams. Its a good move to consider, cryptocurrency is here to stay and we need government on our side to protect us and order to balance the crypto ecosystem. Why is that?
Do you think that the cryptocurrency was against each other for the first place, I think that not every cryptocurrence is different types of cryptosystems that are related to each other to contribute to the market today.
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
Why is that?
War on cryptocurrency will just continue, just the same as drugs and government will not stop the people because they will prefer bitcoins over using fiat which is not profitable due to the low scale of increase yearly if you are going to place your money on banks.
The motivation behind why government war on the cryptocurrency because of the lone spotlight on the negative side of the bitcoin. They don't generally comprehend the great side of the bitcoin. If you don't know negative side of the bitcoin, looking by the administration is the accompanying. Bitcoin can be an instrument for the criminal like money launder. The general population is a trick because of the online exchange they utilize the bitcoin as an apparatus. Drug trafficking, corruption. They can include salary impose utilizing the bitcoin. Because of it, the legislature can't follow those individuals do the criminal exercises.
Bitcoin is abstaining from the fact that countries are not under their control. Many even go to the road of prohibition. In fact, blockchain technology is an area where countries need to develop themselves, but unfortunately, there is not much investment yet.
fair if it happens because the government also does not want to lose their own money because when crypto has entered into a country and make as a means of major transactions then the state money will be reduced poppulasi users and even will have no value.
If you talking about war on cryptocurrency it only focus on competation of Initial Coin Offering (ICOs) in global market.
Government are aware of this kind of technology in which their economy are affected by this cryptocurrency, they trying hard to study and understand the different advantages and disadvantages of this kind of technology. Many countries are already adopted this kind of method in investing, trading, buying, selling, mining at etc.
Government are aware of this kind of technology in which their economy are affected by this cryptocurrency, they trying hard to study and understand the different advantages and disadvantages of this kind of technology. Many countries are already adopted this kind of method in investing, trading, buying, selling, mining at etc.
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