Topic: Why are big leaders now opposing cryptocurrencies suddenly? - page 2. (Read 1019 times)

Big leaders are opposing cryptocurrency because they suddenly realize the power to self control of funds has Increasing gradually, even though it may take some time but it has already began and that's is what trying leaders trying to avoid, the liquidity of personal asset of the cryptocerrency, bulk of the USA and EU sheeples are certified, pre-fleeced so that their savings and assets can not move during bank holidays.  A new one world currency is created when and if flagged currency inflate out of control - as this will be a global currency reset.

He is simply just trying to protect that their USD that is already getting week, and bitcoin should even be the least of his problem now, because generally, it is even strengthening the USD as against what he thinks because when it comes to pairing of currencies for trading, I think people even pair more of USD which means they get more increased fiat in USD which is still in a way protecting the value of the said currency.

There are more things at hand that trump needs to face and it is not the cryptocurrency that is the issue now, but the debt that he needs to settle which is getting too much and some trade wars that he needs to settle with china. That is where his focus should all be in now and not cryptocurrency that is doing nothing but to make their economy better.

Big leaders are opposing crypto because they suddenly realize the fire to self control of funds has started burning gradually, even though it may take some time but it has already began and that's is what they try to avoid,
in no time people will have full control of their funds without the interference of banks or government and this will be happening through cryptocurrency, and that is a big threat.

Well, there are different options (as well as opinions)

And Trump is known to keep his open leaving him enough room and space to maneuver. You couldn't actually expect him to be any different given his business background. He is totally pragmatic, through and through, even if that requires him not to look like he really is

What I mean to say is that he doesn't burn bridges behind him, so we shouldn't really expect him or someone like him (which is the majority of the power elites anyway) to outright ban crypto. More likely, they will try to weaponize it and use it for their own purposes and agendas (whatever those might be)

Where they in support of cryptocurrencies before? i mean was there ever a time when the big leaders have openly display their support to crypto other than their negative comments, they are not in control so majority of big leaders are not in support, all they ever done is make crypto look bad but to their surprise many still believe and support crypto, i really am not surprise to see them opposing because it suit them better.

Leaders like Trump think they can control the flow and volatility of Crypto currencies just be sending out one tweet. In a way they are scared about how this new form of digital money is giving power back into the hands of the general public.
The mere existence of crypto currencies is a threat to governments and banks because they have a feeling they will lose control over the population and how and where they spend their money. Banks regulate our funds according to their needs and with the emergence of crypto currencies, controlling the spending power of the public has become an issue for banks.

That is the main reason for the government and the country's leaders to against bitcoin. that bitcoin is very threatening to the country's economy in terms of the state budget. the country will lose its biggest income such as taxes, lose financial control because there will be a lot of mass migration to bitcoin, it is the end of government finance.

They are just indulging in a fight that they cannot win, even if US ban cryptocurrency today, that will still not stop it from moving forward and to get the world leaders to come together to ban it will be extremely impossible because some of those world’s leader too are already benefiting from the use of cryptocurrency in their country, sop stopping it is like removing a working feature from their system.

What I see in future is that the bitcoin will be accepted, no doubt about that, they will only introduce some sort of regulations that may not favor people, just as the US government has demand for Binance to separate its citizen to another platform which they are ready to do, but not in accordance with the will of the users, so many people may not like that idea.

It's about control, baby~

BTCitcoin hodlers need to know that the next financial crisis the symptoms will be different from those seen in 2008, dot-bomb bubble and even the great depression.  

to this end, they BTCHodlers shall realize the cause of this financial woes was indeed fundamentally different, by observing the following macro and micro-economic indicators:

1) Liquidity of personal asset: Bulk of the USA and EU sheeples are certified, pre-fleeced so that their savings and assets can not move during bank holidays.  A new one world currency is created when and if flagged currency (such as rmb, yen, dollar, etc) inflate out of control - as this will be a global currency reset.

2) The use of state-sponsored bond purchase and other open market operations is a world wide phenomena. (You trained Chinese by shows the world JPMC / GS buy back gumbent bond/assets, now commies are doing the same with ICBC/Huawei and others)

3) In Large metropolitan area, during economic crisis the convertibility of asset will be highly restrictive and computerized to make sure no one beat the system buy exchange asset directly with financial instruments that were blessed or certified by "mark of the beast".  This could be one world currency, dollar, and other beast coin that have chips and perfect tracking / surveillance capability (as well as capacity).  This may even require the track or chip of physical good and every day items using RFID and other technologies to avoid other medium exchanges from being used.

The banning of bitcoin is impossible.  What deep state and the NWO have done is to create various de-facto digital payment system that make bitcoin feels outdated and obsolete.  Bitcoin will obvious fight back with lightening channels and other off-chain solutions developed to allow easy adoption and every day use.  Flagged currency as it is are backed by man with guns and Fed can always hire the best analysts to deceive and fund on-going propaganda campaign with presstatutes and sheeps would continue to wallow in lameness.

Well it kinda obvious why the government leaders opposing cryptocurrencies is they don't like decentralization they only want a system that they can make money, taxed and control or regulate it. that's why the governments around the world is trying to set rules and regulations in investing cryptocurrencies and exchanges the this the part when it gets dangerous when an exchange got hacked it's not only bitcoins and other cryptocurrencies will stolen also all of the personal information and documents of their clients will get compromised too.


I don't think they will lose control their financial system if they allowed cryptocurrencies that's why governments impose rules and regulations on using cryptocurrencies and also, most people think that cryptocurrency is an investment rather than a currency though

The central banks have a massive ponzi scheme thats going down soon with the negative interest rates. this monetary system as we know it is a total scam, meant to rob you.

Like someone commented, btc is run by iundividual nodes across the globe, it cant be shut down. although there is about 80% of the circulating supply controlled by 2 % of wallets, but.... nonetheless, the usa is banning something that, under uc article 9, isnt defined.
Just like with mmj, they have to find a way to come out on top , once they find out then they make it legal.
i am no economist but if you think holding on to dollars/fiat is a good thing then ill happily buy more btc and altcoins. This ponzi scheme we call central banks are not going to last for long.

not only "taxes" but "controls" too.  The United States is one country that all want to be at hand, they are just afraid they cannot control the cryptocurrency.  
the reason from Donald Trump doesn't make sense to me,  He is afraid that Bitcoin will be used as funding for terrorists and other crimes!!!!  The blockchain technology used by cryptocurrencies is able to provide information on where each cryptocurrency goes out, so I think Donald Trump reason isn't right.

Why would Trump all of a sudden start to care about the volatility of cryptocurrencies?

There are enough assets which also have tremendous volatility and quite on par with crypto (like trash stocks). Even crude oil can be as volatile as fuck. There are financial instruments which are purely speculative, for example, volatility indexes, and they are named after volatility for a reason. Why nobody tells this dude about it? Or maybe, it is him who is not telling us the whole truth? But half-truths are often even worse than outright lies

Btc won't get banned by any regulations, even if some countries do it, most of them WON't because there is a opportunity for everyone, even for them. And regulations are bullshit, no one can stop you from using it.

One thing i know Trump is not entirely wrong about is the volatility of crypto, i mean we can all witness how the price will move upward or towards within a blink of an eye, but that doesn't stop many people to embrace the use of crypto which as mentioned is appearing to be a big treat to the government and some influential people, inspite all odds btc still standing strong and that is a sign of danger to 'em

If they are going against bitcoin to them, they will end up only making some mistakes that will make other countries richer and powerful tan then. Bitcoin system is what can be used underground without their knowledge e and it will be draining their financial resources is they are not making efforts also to make an input in it. 

This is exactly what Facebook did too, they were against cryptocurrency by banning all adverts as regards cryptocurrency, but what eventually happened in the end, they saw that other social media was already using cryptocurrency which is making them gaining more popularity and Facebook wanting to be on the lead, had to join them also after seeing the benefits of it to those that has already implemented it and using it. This is the same way that I believe US will turn back too.

He might have his reasons for not supporting bitcoin or Libra but that does not mean the bitcoin revolution won't take place.
It still has full chances to revolutionize the world globally. May be in the next financial crisis, may be sooner or later.
Unless and until there are people like us supporting bitcoin, bitcoin is here to stay and grow.

Most of the govts and big financial institutions are opposing cryptocurrencies,it may be because crytocurrency being a big threat to centralize banking system which indirectly may be a thread to base currencies. Being decentralize in nature, it is difficult to track transactions of cryptocurrencies and once it is adopted by common people, power from the centralized institutions will slip which are ultimately controlled by govts. I think the increasing demand and popularity will force govts.to recognize cryptocurrencies.

For newbies in crypto, they might panic hearing their thoughts about crypto. But for old timers here, our lives go on. We don't need them to invest in crypto. I'd say later on, I believe their staunch on crypto will change. Maybe, they need to be intensively educated with cryptocurrencies and blockchain, so they will learn the benefits that a specific institution can derive from it.

Do we need permission from them before investing in cryptocurrency? ts surprising that the big leaders are now opposing cryptocurrencies because they know what cryptocurrency can do. Sometimes its really ridiculous. They just want us to panic.