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Topic: War on cryptocurrency! - page 7. (Read 4228 times)

full member
Activity: 537
Merit: 100
September 11, 2018, 09:50:14 AM
The reasons of course our money. In my country politics are used to steal, so with blockchain and decentralization would come up and my country they would not be able to do that anymore.
I understand you, in my country the same trend! Politicians will not give up their chairs just like that, so I think that the blockchain technology is playing against them!
copper member
Activity: 266
Merit: 2
Ako Bayot!
September 11, 2018, 09:31:09 AM
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
Is there really a war on cryptocurrency with the government? I never thought of this because the government are only doing for the best and security of their people or their constituents. As we all know that because of anonymity blockchain is nothing. I have the empathy of the government situations and they cryptocurrency system should understand the importance of KYC rather than anonymity.
newbie
Activity: 42
Merit: 0
September 11, 2018, 09:30:08 AM
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
The cryptocurrency war may still be for another one year but I am sure it will not last forever as some government will like accept cryptocurrency.
full member
Activity: 476
Merit: 100
September 11, 2018, 09:21:23 AM
the main factor of this I think is that the crypto system is not controlled by the government, and the government has difficulty applying taxes to crypto holders.

It will be extremely difficult for the countries and their governments to control the holders of the cryptocurrencies: they stay anonymous. Not many people want to pay taxes for sure.
newbie
Activity: 23
Merit: 0
September 11, 2018, 07:53:05 AM
If governments are open to crypto, their country will attract talents and tech skills and far more tax income due to booming innovation wealth.
newbie
Activity: 14
Merit: 0
September 11, 2018, 07:37:11 AM
As soon a crypto can be used in specie to pay for things, governments will flock to it. Some are considering it a strategic asset like gold...
full member
Activity: 438
Merit: 100
September 11, 2018, 07:33:16 AM
Each of those states that banned crypto-currencies faced certain problems. Basically, this is hacker attacks, which can significantly affect the economy of the country.
sr. member
Activity: 1092
Merit: 255
September 11, 2018, 06:50:30 AM
prices are very volatile so the government is afraid of its citizens falling poor due to crypto. Crypto must have high education in order to succeed in crypto
newbie
Activity: 30
Merit: 0
September 11, 2018, 06:42:05 AM
An investigation from many investors will cause market turmoil. Those who start taking advantage of Bitcoin's value for illicit purposes will lead to pity.
full member
Activity: 952
Merit: 104
★777Coin.com★ Fun BTC Casino!
September 11, 2018, 05:55:25 AM
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?

I find your post not totally serious about cryptocurrency. How did you know that government are waging war on cryptocurrency? I haven't read any article with regards to it and basically not that cryptocurrency is the new trend by people in digital world.
newbie
Activity: 22
Merit: 0
September 11, 2018, 05:54:19 AM
The reasons of course our money. In my country politics are used to steal, so with blockchain and decentralization would come up and my country they would not be able to do that anymore.
member
Activity: 308
Merit: 10
September 11, 2018, 05:50:05 AM
Not sure if your statement here is correct. No one is declaring war against crypto. They are restricting it for various reasons in different countries, but that's about it. And it's just few countries in general ...
newbie
Activity: 70
Merit: 0
September 11, 2018, 04:58:18 AM
Many FUDs have set and talked about the government's response to cryptocurrency when that never happens. This is what will be redistributed by us as users of cryptocurrency, and spreading hatred against the government. The problem is we can simplify, the user cryptocurrency willing to pay taxes if the government legalize cryptocurrency, and I think it will be mutually beneficial.
sr. member
Activity: 588
Merit: 250
September 11, 2018, 01:39:41 AM
the war on cryptocurrency seems like this might happen when bitcoin is made into a war tool so there will be a lot of price movements and the movement will be very fast and there will be a principle of who has a lot of capital then that's the winner.
newbie
Activity: 3
Merit: 0
September 10, 2018, 11:39:01 PM
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?

Anything disruptive will have some sort of push back. As long as blockchain is an acceptable technology, we'll all be looking back at this point laughing.
member
Activity: 345
Merit: 10
September 10, 2018, 11:27:22 PM
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
Because they are afraid of the cryptocurrency that would jeopardize their economies, it is feared that uncontrolled inflation leads to inflation so most countries have laws prohibiting or punishing the use of currency, The bad news is that it is very difficult to stop people using cryptocurrency because they can not know exactly who they are.
sr. member
Activity: 1190
Merit: 250
September 10, 2018, 10:16:39 PM
It must be admitted that the number of coins and tokens at this time will certainly make war, from 1900 coins and tokens that are already available in various exchanges this certainly makes the competition very tight so it will make lots of coins and tokens die.
full member
Activity: 616
Merit: 100
FRX: Ferocious Alpha
September 10, 2018, 10:11:47 PM
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
I think some of government declaring war on cryptocurrency because they like to control it, so they can earn tax or other tax can provide if you have transaction. War in cryptocurrency is not for our government its also in the market, we war everyday in the market, because the market is unstable, some people dumping the price of altcoins, hopefully this year people pump the market.
jr. member
Activity: 294
Merit: 1
September 10, 2018, 09:47:32 PM
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
The war or pressure in cryptocurrency is gradually reducing. So many people including the government authorities are beginning to see that Bitcoin and cryptocurrencies mean no harm but to give people an alternative to banking transactions.
newbie
Activity: 184
Merit: 0
September 10, 2018, 06:12:39 PM
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
actually crypto threatens the existence of the bank as a third party, we know that crypto aims to eliminate it to make transactions more transparent and fast, the government is afraid of this and rejects it
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