well not all, there are also countries that adopts crytocurrency as part of this economy. mostly europian countries are cryptofriendly nation...
as i have read many messages ang post of out fellow members here and through reading news i have find out the mostly of nation ban BTC only for 1 reason.. the ecosystem of crypto currency as a decentralize system that most nation do not control over it. they are afraid that their people would have no assurance of gaining from this kind of investment. secondly, they cant collect taxes from cryptoinvestors.
Topic: War on cryptocurrency! - page 24. (Read 4256 times)
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
Because of instead of people investing on usual business which could pay tax, many investors invest in crypto which can`t even pay tax or have any regulations.Why is that?
I agree with you mate. I think that is their last resort because they couldn't make a way to control cryptocurrency. It will take a lot of time and debate and discussions for them to be able to legalize cryptocurrency if ever. Besides it will require a high level of adaptation if that happens. Many regulations will be created and so on and so forth.
Talking about war, it is a opposite side of power, if we site example which of two are more powerful bitcoin or government? Maybe our direct answer is government. But i am doubt why government against bitcoin and declare war? Supposed to be bitcoin is better and help different countries in terms of financial support to their people living. If i am the government leader, i will allow and endorse bitcoin in my country.
In my opinion, the war here is the edge of the coin, today there are so many coin-makers, they compete for each other in terms of quality and benefit, so the electronics market today has a boom. explode in the spirit as well as in the interests of the coin. My opinion should be limited and there is a legal requirement when offering a new penny. 
I thinks its like a friendly competitions or just a mere fact that they want to gain profit of their own. Each country just want to have their own identities as a country and with tye cryptos blooming industry they are riding the wave of its popularity. Afterall they just want to go to the flow of the new era and be part of it so they wont be left behind.
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
Why is that?
War on cryptocurrency is just the same as war on drugs, if most of the people were prefer cryptocurrency more than fiat then there is no way for the government to stop the mentality of every people.
The war on cryptocurrency means implementing a strict regulation that prohibits the nations or a country the usage cryptocoin that may affect to the economic stability of a country like China who strictly war against the cryptocurrency development that can cause the inbalance of stock market in a country to the real world. In addition to the topic make in a sense of descrimination that holds the development of digital market into a real world.
I think banning can be an easy way out like what China does but there are also some countries that understand the value of this new industry and they embrace this new innovation with passion.
It actually just makes things so big a problem. Honestly, the government and cryptocurrency should not sleep in one bed because the latter is made to disturb the first. Now, having said that, we have no choice but to deal with reality and the fact is that the power to legitimize, ban, open, kill, or whatever they want is still in the hands of the government. Cryptocurrency is something new and a major nuisance to traditional financial arrangements that many governments worry and worry about.
The government is declaring war on the electronic currency because, compared to banks, electronic money does not help the government, the government can not control people's finances, can not tax personal income
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
There is a riot between bitcoins and a government that is not accepting bitcoin today with the birth of many electronic coins that make them affect and dominate each other as they will say they are fighting. Each side of the picture, but in fact, they complement each other to grow togetherWhy is that?
And also be ready to adopt with the new regulations such as taxes. Government is still powerful and if we want bitcoin to succeed mass adoption, it will need to be legal at all forms and cases.
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
Why is that?
Lolz, thats not war really. Its just the way they work and trying to save their asses from the crypto currencies. Actually crypto currencies can cause damage to the internal economic circulation in the country. Do you know that crypto currencies are first cause who is driving the fiat currency from the country into the virtual blockchain! Almost billions of dollars are getting poured into the crypto currency and thus it is creating imbalance between the economy of country and globe. This is what government is trying to save. They dont want people to save up the taxes through the crypto currencies and hence the war is on.
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. Yeah, you're right mate and those big countries like Japan Is really make a deal Into cryptocurrency by developing bitcoin Into their country. And as what you had mentioned some government who against cryptocurrency, especially In bitcoin are just only regulate but can't stop and control by their government.
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. 
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
Because of instead of people investing on usual business which could pay tax, many investors invest in crypto which can`t even pay tax or have any regulations.Why is that?
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
There is a riot between bitcoins and a government that is not accepting bitcoin today with the birth of many electronic coins that make them affect and dominate each other as they will say they are fighting. Each side of the picture, but in fact they complement each other to grow together Why is that?
right now I see kind of war between Etherium and EOS.Second one doing a great job,but in the same time attacks Etherium,probbaly to get there on the second line in market cap. What do yu think about it?
Because of many reasons, one of them in my country is that crypto ecenomy wont allow them to steal money from peoplle anymore
All countries are certainly worried if cryptocurrency continues to improve then automatically people transition transactions from fiat to cryptocurrency and the state has no control whatsoever threatening the country's economy.
The war on cryptocurrency focuses on bitcoin and the banks , the fiat money, the gocernments ,first war on banks is the competence of banks through the investments, the war againts fiat money is the bitcoin is a cashless scheme of making transactions and payments, and the war againts government is that the government have no power ovet bitcoin, on taxes, monitor bitcoin transactions, and supervision over it, these are the wars of cryptocurrency in the digital world
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
Why is that?
Because the main reason why of it because they didn't understand the uses and importance of it in the future..... They declaring war on it because they simply didnt understand it.... They keep not understanding it because they are a narrow minded and they treat it as a threat.... But a lots of country also that legalize it and we are hoping that every country will follow it.... Because BiTcoin and cryptocurrency is truly great....
Because of many reasons, one of them in my country is that crypto ecenomy wont allow them to steal money from peoplle anymore
If by war you mean ban so yeah there are many countries that have banned crypto currencies due to many reasons. First is that hey are not going to get ant income tax earned through crypto currency. Second is that even if they implement regulations and laws and tax the users, they will do so according to the international law and might not be able to hurt the investors that much. They also fear because they know the crypto world is uncertain and this uncertainty is dangerous for their economy. Besides, the technology can also affect the banking sector which might not be desirable. 
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.
That was not war. Governments are fond of it. When people are fond of cryptocurrency, government will hardly consider declaring war on crypto. It just means that a new economy is emerging and governments are looking for their role in it.
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