The most obvious reason for this is that the government fears their currencies are overshadowed by bitcoins, and they fear that bitcoin will rise to the throne and that the currency will be forgotten quickly by the bitcoin's utility and profitability. for investors.
Topic: War on cryptocurrency! - page 23. (Read 4228 times)
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.
It sounds more alarming in the situation of the crypto world. These governments are afraid with the cryptocurrency ability to shutdown their own currency. They are afraid because of the facts that it is decentralize and many are using it. Some are alarmed because some transactions are not taxed and slowly it has impacts in their economy. But I do believe time will come where all country agrees on using cryptocurrency in its own special way.
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.
From your statement it is like that you are saying all of the government are "declaring" war on Bitcoin though in fact there are a lot of government that are supporting and legalizing Bitcoin in their countries because they know that it might be a good result or a good decision to them. They are open minded to what might happen in the future as they will be accepting crypto currencies in the future.
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
It is natural for governments to want to regulate cryptocurrencies.Why is that?
But in my view, all encryption cannot be banned, it is decentralized and there is no central bank to control it.
Cryptocurrency co-ops never fought each other, they were run by founders or other regulators, but they basically served the investors of the digital currency community at some point in their interactions. But they do not fight with each other but complement each other
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
Why is that?
They can start a way but they will never win just like drugs that they can remove in their own country, cryptocurrency is helping the lives of different people so they will not be able to stop people because it was a good thing for everyone.
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
Governments in fact no longer have the opportunity to declare war on the Crypto-currency and fight it. They could do this earlier, when very few people knew about it. Now too much people support crypto currency and are actively defending the right to use it. Therefore, it is too late for governments to fight against it. They are forced to gradually accept it if they want to remain in power. However, of course, governments do not like the lack of full control over the Crypto currency and this significantly complicates the process of its legalization. Why is that?
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.
with the increasing rate of exit scams and the wide knowledge that 90% of icos fail. Observing the market, its easy to know that somepeople (whales) are manipulating it for gain therefore the need for regulation
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.
Bitcoin suffered its worst since the beginning of the year, down 48 percent during the first quarter. The currency of cryptocurrency reached its all-time high near $ 20,000 in December.
Actually there is no doubt about this at all for obvious reasons and individual reasons based on each country's perception with respect to this Virtual currency. I learnt recently that Bangladesh had also banned the operation of Bitcoin in the Country while we observe that so many Bitcoin Users in the Country are not happy with this situation at all. Even in some countries where it is neither accepted nor banned or are trying in all ramification to block the Bitcoin Existence in their economy because of its Decentralization and Deregulation which disallow them from controlling the coin in other to generate revenue for the Economy social usages. However, this shall be proving difficult as long as there is Internet facility and until they leave to realize the potentialities of Bitcoin and accepted it other than blindfoldly following the FUDs against the paramount ruler coin.
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
Why is that?
Governments will not win on a war against cryptocurrency because almost the entire world wants to use bitcoins, its also the governments fault why some of the people are looking for an alternative way of earning money, its because the salary in the corporate world is very low.
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
Why is that?
I do not know, maybe because they are afraid of the negative impact of cryptocurrency .. in this world there will always be positive and negative sides
Well if its true that the government declares war against cryptocurrency, the main reason is they are too afraid it can affect the countries economy and they cant handle bitcoin and also they cant collect taxes on it.
As far as I know they cannot hold cryptocurrencies it self because many project, company are making coins or token by their self and government are nothing to do with that so they thinking that they want war to crypto to own it.
Government are trying to control the market of cryptocurrency and they think its possible by making a regulations but in reality they cannot control it, because many big countries are making cryptocurrency legal so basically they cannot control it. Cryptocurrency will be great in the future because it is already supported by the big countries and I believe some country will also make this as a legal currency. 
It must be admitted that the presence of cryptocurrency makes many people worried and afraid; in fact they pay the media to preach negative things about bitcoin so that users become panicked about it, but I'm sure that cryptocurrencies will continue to survive.
As the entire functioning happens in a decentralized way, governments were unable to keep them under control. Also they can't earn our of it as the governments benefit through the banks. This lets them restrict its usage as well impose hard regulations which at times looks like a war.
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
Why is that?
they are protecting the people, there are many ICO that are scam.
their war with bitcoin is not the same as others.
they want to stop BTC because there is no country who can control it.
and this has the high risk with FIAT, people in cryptocurrency want to replace FIAT in the future with crypto especially bitcoin.
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