Topic: Why are some government officials like saying what they don't understand (Read 436 times)
December 14, 2021, 02:47:03 PM
The government can try all they can but I'm certain they can have the term crypto scrapped because its beyond their power already. It keeps expanding and we all can see the progress.
December 13, 2021, 11:48:48 AM
The more irresponsible a government is and the less educated, the more they will want to combat bitcoin and make it as difficult as possible. However those that embrace the technology can take an effective competitive advantage by allowing the citizens and the institutions to invest and create new markets and new economic developments.
By no means should any government think that banning bitcoin is without consequence. Firstly the citizens will bypass the ban, as it is nearly impossible to completely stop it and secondly, other countries embracing the tech will take advantage.
Exactly, everything has consequences, if a government wants to ban bitcoin they can do so, however they cannot complain when their citizens despite the ban keep using bitcoin instead as they think the law is unfair and they use bitcoin as a store of value to protect themselves from their policies, in fact this is nothing new, as we know inflation is very high all over the world and despite the attempts to blame this on supply issues we know this is because of how much money it was printed, and whenever people begin to lose faith in the national currency the government tries to stop people from using alternatives, and this has always failed. By no means should any government think that banning bitcoin is without consequence. Firstly the citizens will bypass the ban, as it is nearly impossible to completely stop it and secondly, other countries embracing the tech will take advantage.
December 09, 2021, 04:02:02 PM
The more irresponsible a government is and the less educated, the more they will want to combat bitcoin and make it as difficult as possible. However those that embrace the technology can take an effective competitive advantage by allowing the citizens and the institutions to invest and create new markets and new economic developments.
By no means should any government think that banning bitcoin is without consequence. Firstly the citizens will bypass the ban, as it is nearly impossible to completely stop it and secondly, other countries embracing the tech will take advantage.
By no means should any government think that banning bitcoin is without consequence. Firstly the citizens will bypass the ban, as it is nearly impossible to completely stop it and secondly, other countries embracing the tech will take advantage.
December 09, 2021, 03:50:53 PM
I believe it happens because these officials aren't prepared to occupy the spots they do inside the public administration. Many of these people are put there by politicians to act in a political way, what means they don't have technical knowledge and experience to deal with technical matters, like crypto currencies, so they end giving inaccurate statements when confronted by reality, like the one presented in OP.
Not only that, but these officials are also totally harmful to their countries, because as they are clueless about what to do, they end presenting disastrous solutions through regulations to what they consider a problem, that is bitcoin and decentralized crypto currencies in general usage.
Cryptocurrencies and blockchain are relatively new solutions, and therefore it should not be surprising that officials do not fully understand the issue and treat it with some prejudice. Also, one should not neglect such a factor that such officials reason exclusively from the side of state benefits and see cryptocurrencies as a threat to already established economic relations and the functioning of the state machine. Therefore, such statements are often justified not by incompetence in this matter, but by partiality, which sometimes borders on rejection of new phenomena and trends. Therefore, let's hope that time will put everything in its place and cryptocurrencies and fiat currencies will get along perfectly and complement each other around the world.Not only that, but these officials are also totally harmful to their countries, because as they are clueless about what to do, they end presenting disastrous solutions through regulations to what they consider a problem, that is bitcoin and decentralized crypto currencies in general usage.
some politicians are just too lazy to educate themselves on certain subjects like crypto. we know that most of them have their own research staff, so they are relying to what is given to them. some don't have time to do their own studying on such topics. the reason why sometimes they give statements that are lopsided because they lack the true understanding of the subject.
some are just following what their constituents are saying just to get their sympathy, especially if they have political plans.
some research and on the time that they do give out some words then they do really look to be that dumb in the front into those people who do knows about crypto.
They could learnt it up if they wanted too but same as you said that they are just too lazy on doing such very basic behavior or thing.
They are just been skeptical since they know old school things that's why they don't really take this seriously and think that its bad for the people to adopt it, but if they could just research it and get help on those people who really know about the technology for sure they will learn this. But they remain silent and became naive on what's new so expect that the adoption will take time if this kind of people will still in the seat.
Its just a matter of self aware on things around and they could eventually adopt it right away if they wanted to.It is just clear that
they havent put up any interest yet as of now.
We dont need them to be forced though because one they it would really poke up their attention.
December 09, 2021, 12:16:10 PM
I believe it happens because these officials aren't prepared to occupy the spots they do inside the public administration. Many of these people are put there by politicians to act in a political way, what means they don't have technical knowledge and experience to deal with technical matters, like crypto currencies, so they end giving inaccurate statements when confronted by reality, like the one presented in OP.
Not only that, but these officials are also totally harmful to their countries, because as they are clueless about what to do, they end presenting disastrous solutions through regulations to what they consider a problem, that is bitcoin and decentralized crypto currencies in general usage.
At the end most politicians are in their positions because they had some influence and they used that influence to give themselves a chance to get elected and people voted for them, so most of the time they do not know what they are talking about, but since they have power they believe they do, this is a problem as politicians can do a lot of harm to a country with the laws they pass and then they try to blame someone else for the consequences their laws brings believing that the population will believe them, something that happens way too often. Not only that, but these officials are also totally harmful to their countries, because as they are clueless about what to do, they end presenting disastrous solutions through regulations to what they consider a problem, that is bitcoin and decentralized crypto currencies in general usage.
December 09, 2021, 09:38:05 AM
They want to get sympathy in the wrong way, Instead of being seen as updated with technological developments they actually blunder and show their shortcomings that make people who understand laugh.
Imaging in order to have a good impression in front of the public I have never had a problem with things like this, but indeed things like this should be based on more knowledge, at least they need to learn a little before issuing a statement so that they don't look stupid with data and facts
Yes you do have a point. Most of these government officials do not do their research before coming out to say things like this. Instead of them to do proper research and understand everything that they are meant to know about decentralized cryptocurrency (Bitcoin) they just come out of nowhere with half knowledge of what it is all about and start saying rubbish to make themselves look stupid.Imaging in order to have a good impression in front of the public I have never had a problem with things like this, but indeed things like this should be based on more knowledge, at least they need to learn a little before issuing a statement so that they don't look stupid with data and facts
I just don’t get why they are against bitcoin, their problem is that they just don’t understand it, but they never agree, and still continues to say things that doesn’t really make sense at all. They don’t give reasons that are strong enough to convince people that Bitcoin is bad. They can only lie to those who have no knowledge at all about Bitcoin, but you can’t keep lying for long, very soon people will come to know the truth.
December 08, 2021, 11:41:07 PM
some politicians are just too lazy to educate themselves on certain subjects like crypto. we know that most of them have their own research staff, so they are relying to what is given to them. some don't have time to do their own studying on such topics. the reason why sometimes they give statements that are lopsided because they lack the true understanding of the subject.
some are just following what their constituents are saying just to get their sympathy, especially if they have political plans.
What can we expect? They will only believe what they want to. They're seeing Bitcoin as a threat to fiat beause it cant be regulated. Thus creating their own CBDCs would be the solution for them to replace Bitcoin to use by its people. If only the Government is open to see the advantage of using crypto (just like El Salvador that sets Bitcoin as legal tender) then there's no need for them to make their own CBDCs. some are just following what their constituents are saying just to get their sympathy, especially if they have political plans.
December 08, 2021, 09:19:41 PM
CBDC is surveillance on citizens without the vast majority of citizens realizing it . VERY SCARY !!!
December 08, 2021, 06:54:42 PM
I believe it happens because these officials aren't prepared to occupy the spots they do inside the public administration. Many of these people are put there by politicians to act in a political way, what means they don't have technical knowledge and experience to deal with technical matters, like crypto currencies, so they end giving inaccurate statements when confronted by reality, like the one presented in OP.
Not only that, but these officials are also totally harmful to their countries, because as they are clueless about what to do, they end presenting disastrous solutions through regulations to what they consider a problem, that is bitcoin and decentralized crypto currencies in general usage.
Cryptocurrencies and blockchain are relatively new solutions, and therefore it should not be surprising that officials do not fully understand the issue and treat it with some prejudice. Also, one should not neglect such a factor that such officials reason exclusively from the side of state benefits and see cryptocurrencies as a threat to already established economic relations and the functioning of the state machine. Therefore, such statements are often justified not by incompetence in this matter, but by partiality, which sometimes borders on rejection of new phenomena and trends. Therefore, let's hope that time will put everything in its place and cryptocurrencies and fiat currencies will get along perfectly and complement each other around the world.Not only that, but these officials are also totally harmful to their countries, because as they are clueless about what to do, they end presenting disastrous solutions through regulations to what they consider a problem, that is bitcoin and decentralized crypto currencies in general usage.
some politicians are just too lazy to educate themselves on certain subjects like crypto. we know that most of them have their own research staff, so they are relying to what is given to them. some don't have time to do their own studying on such topics. the reason why sometimes they give statements that are lopsided because they lack the true understanding of the subject.
some are just following what their constituents are saying just to get their sympathy, especially if they have political plans.
some research and on the time that they do give out some words then they do really look to be that dumb in the front into those people who do knows about crypto.
They could learnt it up if they wanted too but same as you said that they are just too lazy on doing such very basic behavior or thing.
They are just been skeptical since they know old school things that's why they don't really take this seriously and think that its bad for the people to adopt it, but if they could just research it and get help on those people who really know about the technology for sure they will learn this. But they remain silent and became naive on what's new so expect that the adoption will take time if this kind of people will still in the seat.
December 08, 2021, 02:53:41 PM
I believe it happens because these officials aren't prepared to occupy the spots they do inside the public administration. Many of these people are put there by politicians to act in a political way, what means they don't have technical knowledge and experience to deal with technical matters, like crypto currencies, so they end giving inaccurate statements when confronted by reality, like the one presented in OP.
Not only that, but these officials are also totally harmful to their countries, because as they are clueless about what to do, they end presenting disastrous solutions through regulations to what they consider a problem, that is bitcoin and decentralized crypto currencies in general usage.
Cryptocurrencies and blockchain are relatively new solutions, and therefore it should not be surprising that officials do not fully understand the issue and treat it with some prejudice. Also, one should not neglect such a factor that such officials reason exclusively from the side of state benefits and see cryptocurrencies as a threat to already established economic relations and the functioning of the state machine. Therefore, such statements are often justified not by incompetence in this matter, but by partiality, which sometimes borders on rejection of new phenomena and trends. Therefore, let's hope that time will put everything in its place and cryptocurrencies and fiat currencies will get along perfectly and complement each other around the world.Not only that, but these officials are also totally harmful to their countries, because as they are clueless about what to do, they end presenting disastrous solutions through regulations to what they consider a problem, that is bitcoin and decentralized crypto currencies in general usage.
some politicians are just too lazy to educate themselves on certain subjects like crypto. we know that most of them have their own research staff, so they are relying to what is given to them. some don't have time to do their own studying on such topics. the reason why sometimes they give statements that are lopsided because they lack the true understanding of the subject.
some are just following what their constituents are saying just to get their sympathy, especially if they have political plans.
some research and on the time that they do give out some words then they do really look to be that dumb in the front into those people who do knows about crypto.
They could learnt it up if they wanted too but same as you said that they are just too lazy on doing such very basic behavior or thing.
December 08, 2021, 01:46:49 PM
I believe it happens because these officials aren't prepared to occupy the spots they do inside the public administration. Many of these people are put there by politicians to act in a political way, what means they don't have technical knowledge and experience to deal with technical matters, like crypto currencies, so they end giving inaccurate statements when confronted by reality, like the one presented in OP.
Not only that, but these officials are also totally harmful to their countries, because as they are clueless about what to do, they end presenting disastrous solutions through regulations to what they consider a problem, that is bitcoin and decentralized crypto currencies in general usage.
Cryptocurrencies and blockchain are relatively new solutions, and therefore it should not be surprising that officials do not fully understand the issue and treat it with some prejudice. Also, one should not neglect such a factor that such officials reason exclusively from the side of state benefits and see cryptocurrencies as a threat to already established economic relations and the functioning of the state machine. Therefore, such statements are often justified not by incompetence in this matter, but by partiality, which sometimes borders on rejection of new phenomena and trends. Therefore, let's hope that time will put everything in its place and cryptocurrencies and fiat currencies will get along perfectly and complement each other around the world.Not only that, but these officials are also totally harmful to their countries, because as they are clueless about what to do, they end presenting disastrous solutions through regulations to what they consider a problem, that is bitcoin and decentralized crypto currencies in general usage.
some politicians are just too lazy to educate themselves on certain subjects like crypto. we know that most of them have their own research staff, so they are relying to what is given to them. some don't have time to do their own studying on such topics. the reason why sometimes they give statements that are lopsided because they lack the true understanding of the subject.
some are just following what their constituents are saying just to get their sympathy, especially if they have political plans.
December 07, 2021, 01:08:27 AM
This is something that is very funny because directly these officials show off their stupidity and make something as if they are right but wrong 
I don't want to say only in one country because most governments in almost every country will have something like this
At least with them doing this I become a new joke and entertainment
They say proudly CBDC is the opposite of BTC. But on the other hand they don't know what BTC is. this is so funny lol.
That is because they want to get sympathy from people by saying like that so people will believe that the government officials really know the current situation and conditions. Besides that, I think they have their own mission to say like that for themselves because they want to have a good name among their people so they can achieve their goals in the future.I don't want to say only in one country because most governments in almost every country will have something like this
At least with them doing this I become a new joke and entertainment
They say proudly CBDC is the opposite of BTC. But on the other hand they don't know what BTC is. this is so funny lol.
But unfortunately, people become smart now and can think twice about what they heard and will not just believe what their government says. Besides that, some of those people have institutions that can investigate if their government officials saying the truth or doing a lie to their people.
Imaging in order to have a good impression in front of the public I have never had a problem with things like this, but indeed things like this should be based on more knowledge, at least they need to learn a little before issuing a statement so that they don't look stupid with data and facts
December 06, 2021, 06:59:28 PM
I believe it happens because these officials aren't prepared to occupy the spots they do inside the public administration. Many of these people are put there by politicians to act in a political way, what means they don't have technical knowledge and experience to deal with technical matters, like crypto currencies, so they end giving inaccurate statements when confronted by reality, like the one presented in OP.
Not only that, but these officials are also totally harmful to their countries, because as they are clueless about what to do, they end presenting disastrous solutions through regulations to what they consider a problem, that is bitcoin and decentralized crypto currencies in general usage.
Cryptocurrencies and blockchain are relatively new solutions, and therefore it should not be surprising that officials do not fully understand the issue and treat it with some prejudice. Also, one should not neglect such a factor that such officials reason exclusively from the side of state benefits and see cryptocurrencies as a threat to already established economic relations and the functioning of the state machine. Therefore, such statements are often justified not by incompetence in this matter, but by partiality, which sometimes borders on rejection of new phenomena and trends. Therefore, let's hope that time will put everything in its place and cryptocurrencies and fiat currencies will get along perfectly and complement each other around the world. Not only that, but these officials are also totally harmful to their countries, because as they are clueless about what to do, they end presenting disastrous solutions through regulations to what they consider a problem, that is bitcoin and decentralized crypto currencies in general usage.
December 06, 2021, 04:27:34 PM
I believe it happens because these officials aren't prepared to occupy the spots they do inside the public administration. Many of these people are put there by politicians to act in a political way, what means they don't have technical knowledge and experience to deal with technical matters, like crypto currencies, so they end giving inaccurate statements when confronted by reality, like the one presented in OP.
Not only that, but these officials are also totally harmful to their countries, because as they are clueless about what to do, they end presenting disastrous solutions through regulations to what they consider a problem, that is bitcoin and decentralized crypto currencies in general usage.
Not only that, but these officials are also totally harmful to their countries, because as they are clueless about what to do, they end presenting disastrous solutions through regulations to what they consider a problem, that is bitcoin and decentralized crypto currencies in general usage.
December 06, 2021, 04:08:23 PM
I as an Indonesian citizen actually feel embarrassed by this stupid statement, and to be honest he doesn't know anything about bitcoin
even a CBDC as strong as China alone will not be able to beat bitcoin. Her statement is just a fantasy, so there's no need to think about it
Don't worry, we all live in nations with stupid people. Indonesia is not really alone in this, from USA to the west to Japan to the east and everywhere in between, the whole world is filled with idiots and people who are so brave with their ignorance is that they end up talking about it like it is not a big deal and they talk like they know what they are talking about.even a CBDC as strong as China alone will not be able to beat bitcoin. Her statement is just a fantasy, so there's no need to think about it
The reason for this is that we have ignorant masses in the world right now, and those ignorant masses vote for the politician who promote ignorance, do you think someone with 50 IQ would vote for someone who belittles them and uses his 150 IQ? No, they would vote for the guy who talks like he has 50 IQ (even though he is smart politician but acts with stupid to get their vote). This is why we keep seeing all over the world how populism means acting along with the idiots and saying idiot things to get more votes.
December 06, 2021, 11:11:08 AM
Now I can not believe some government officials in certain nation can be this so inaccurate
Honestly governments do not have any other options to escape from bitcoin except accepting it. I mean they may try any method to compete against bitcoin but due to all resolutions provided by bitcoin, it will definitely sustain and then government will start realizing their mistake. CBDC are indirectly helping people to understand about electronic payment methods by leaving off paper money which means over the time people will adapt bitcoin as well along with CBDC due to deflation and decentralized nature of bitcoin.So, we need to be calm by watching government's actions against bitcoin (I guess in most countries, bitcoiners will not have any other option except watching) and then will start experiencing the real power of bitcoin over the time.
December 06, 2021, 08:57:39 AM
Title: CBDC is a tool to combat Bitcoin, says Bank of Indonesia exec
Source: “CBDC would be part of an effort to address the use of crypto in financial transactions,” Bank of Indonesia’s assistant governor Juda Agung said.
https://cointelegraph.com/news/cbdc-is-a-tool-to-combat-bitcoin-says-bank-of-indonesia-exec
I think I do not have to explain further as I did not even go deeper into details while reading the new because I know it will be a completely waste of my time.
How can CBDCs combat bitcoin? CBDCs are fiats and nothing more, what is special about CBDCs than being more privacy depriving? Bitcoin is an appropriative asset, a decentralized currency, a money. Bitcoin is not depreciative in value and not centrally controlled by any government or organization. The more people adopt it, the higher the price. This is making more people to buy it.
Now I can not believe some government officials in certain nation can be this so inaccurate (please pardon me to say that).
I as an Indonesian citizen actually feel embarrassed by this stupid statement, and to be honest he doesn't know anything about bitcoinSource: “CBDC would be part of an effort to address the use of crypto in financial transactions,” Bank of Indonesia’s assistant governor Juda Agung said.
https://cointelegraph.com/news/cbdc-is-a-tool-to-combat-bitcoin-says-bank-of-indonesia-exec
I think I do not have to explain further as I did not even go deeper into details while reading the new because I know it will be a completely waste of my time.
How can CBDCs combat bitcoin? CBDCs are fiats and nothing more, what is special about CBDCs than being more privacy depriving? Bitcoin is an appropriative asset, a decentralized currency, a money. Bitcoin is not depreciative in value and not centrally controlled by any government or organization. The more people adopt it, the higher the price. This is making more people to buy it.
Now I can not believe some government officials in certain nation can be this so inaccurate (please pardon me to say that).
Quote from: https://cointelegraph.com/news/cbdc-is-a-tool-to-combat-bitcoin-says-bank-of-indonesia-exec
The official noted that cryptocurrencies like Bitcoin are currently traded alongside commodity futures and regulated by the trade ministry despite severe impacts on the financial system.
When it supposed to be celebrated how bitcoin and many cryptocurrencies made people rich, only what is talked about is condemnation. Who hold bitcoin for long and never sell while losing and yet still losing? No, long holders do not lose, they are making profit. Other than fiat that if not used for something good, its purchasing power is everyday decreasing.even a CBDC as strong as China alone will not be able to beat bitcoin. Her statement is just a fantasy, so there's no need to think about it
December 06, 2021, 08:03:58 AM
Anyone who says CBDC is a tool to fight against BTC didnt understand what BTC is. But they may have different meaning if the did understand what they are saying.
Basically, the adoption of BTC hasn't yet gone to a level where people can go out of the vending machine scan qr code and a pack of napkins come out. But with CBDC, they can fastforward things which we could use the CBDC app casually in any mart and buy thru the app. So its the adoption of Bitcoin that they are combating.
Basically, the adoption of BTC hasn't yet gone to a level where people can go out of the vending machine scan qr code and a pack of napkins come out. But with CBDC, they can fastforward things which we could use the CBDC app casually in any mart and buy thru the app. So its the adoption of Bitcoin that they are combating.
Simply put, for the government itself, the presence of the CBDC was deliberately created as a way to divert people's choice towards cryptocurrencies. There would be no CBDC without cryptocurrencies. So it is clear how the issues they are trying to convey to the news consumption audience, of course CBDC is considered safe. But still it is the essence of financial monitoring to their respective owners. In essence, the government of any country does not want the flow of funds to flow without the approval of the bank and the government. Because then they have a big incentive.
December 06, 2021, 07:33:11 AM
The news has become consumable to spread things the government doesn't like about crypto assets, especially with the mainstream news from CBDC. I no longer wonder why they make news as if a big threat is happening to the Indonesian state just to protect the interests of the government. It's not that they don't understand, they don't want to be rivaled and they don't want things to outperform other financial assets than they have control over. Therefore, mainstream media is not an option for us to prepare ourselves to invest in crypto.
December 06, 2021, 06:06:21 AM
There is maybe the same situation in all over the world, this cab funny when you say they do not understand it but actually for me, that's very much sad to see the government do not even understand what they say and we are surrounded by these people ruling our countries and surly affecting our lives, however, no matter of the country but as far as I can see there is he same situation in all countries in the world more or less. They act like CBDC is a tool to fight against bitcoin because they do not even know bitcoin.
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