Topic: Why did the government want to kill Bitcoin? - page 22. (Read 2301 times)
I think that's not the point. Does it not launder money or buy prohibited drugs with the help of paper money? No, they are just afraid that with the development of cryptocurrency their accumulated states and banks will no longer need anyone. That's it.
the reason government are against bitcoin is that bitcoin will reduce corruption to the bearest minimum, with bitcoin, sidefoning and misapropriation of funds will not be possible because of the volatility nature of bitcoin. I think bitcoin is too transparent for corrupt politicians to accept as a means of transacting.
the reason government are against bitcoin is that bitcoin will reduce corruption to the bearest minimum, with bitcoin, sidefoning and misapropriation of funds will not be possible because of the volatility nature of bitcoin. I think bitcoin is too transparent for corrupt politicians to accept as a means of transacting.
as we know, many governments in the world are banning bitcoins and here I have my own why the government want to kill Bitcoin, because I think Bitcoin can be used for terrorist financing, money laundering, illegal weapons purchases, crime and tax evasion. therefore the government forbids Bitcoin, because Bitcoin transactions are difficult to trace so it is only natural for me if the government is very worried about Bitcoin and many country banning (block) Bitcoin.
but this is just my opinion, so if I am wrong I apologize.
Thank You.
depending on which country it used to be, because in a country where the government understands and adopts cryptocurrency is very profitable, so most governments who do not know about digital bitcoin are what, and that assumption is just bad and the issues about the negatives, maybe later in the future come on they will know what bitcoin's worth is like but this is just my opinion, so if I am wrong I apologize.
Thank You.
governments tired to give all the negative publicity for cryptocurrencies but the government couldn't able to stop bitcoin and other crypto coins so now they are trying to regulate coins
as we know, many governments in the world are banning bitcoins and here I have my own why the government want to kill Bitcoin, because I think Bitcoin can be used for terrorist financing, money laundering, illegal weapons purchases, crime and tax evasion. therefore the government forbids Bitcoin, because Bitcoin transactions are difficult to trace so it is only natural for me if the government is very worried about Bitcoin and many country banning (block) Bitcoin.
but this is just my opinion, so if I am wrong I apologize.
Thank You.
but this is just my opinion, so if I am wrong I apologize.
Thank You.
In my opinion, governments are more concerned with regulating and controlling bitcoin than trying to kill it. The fact is that the use of btc for criminal purposes, therefore, by such actions, the government is trying to reduce this practice. Unfortunately, this will affect the anonymity of the cryptocurrency environment.
The prime reason of governments being against bitcoin is they take it as a competition for the fiat. Beside it is not possible to control bitcoin as they do in case of fiat currency.
I believe that some governments in certain countries are afraid in the rise of Cryptocurrency especially Bitcoin because they know they can't control Cryto currency unlike what they are doing in Fiat currency. Aside from the governments, I suppose other banks who have no interest in adapting cryptocurrency are also afraid that Bitcoin will take over and become a big impact in the society and economy.
If bitcoin is dangerous then so is money.
Money has done more harm to the world. Money has funded wars, allowed people to purchase guns drugs etc. Yes bitcoin is anonymous.
But it's almost the same as saying guns kill people not the actual person pulling the trigger.
There will always be people who abuse something and use it for evil.
Money has done more harm to the world. Money has funded wars, allowed people to purchase guns drugs etc. Yes bitcoin is anonymous.
But it's almost the same as saying guns kill people not the actual person pulling the trigger.
There will always be people who abuse something and use it for evil.
Not only the government want to kill bitcoin but also other banking and financial institutions because they can't control it and it owns nobody and can't be taken to anybody it is owned by the people globally not just by a certain countries, region or a group of individuals it is decentralized and it is hard to take down they can't tax it because it is a cryptocurrency which is different from fiat currency. It is hard to catch bitcoin is there are certain location stopped bitcoin transactions another areas will do the rest that's why government hate it and they can't beat it.
As long as I know, the government wants to control the bitcoin but can not, so they want to kill it, spread bad news about bitcoin, banned bitcoin in circulation, etc. But they still can't kill bitcoin.
as we know, many governments in the world are banning bitcoins and here I have my own why the government want to kill Bitcoin, because I think Bitcoin can be used for terrorist financing, money laundering, illegal weapons purchases, crime and tax evasion. therefore the government forbids Bitcoin, because Bitcoin transactions are difficult to trace so it is only natural for me if the government is very worried about Bitcoin and many country banning (block) Bitcoin.
but this is just my opinion, so if I am wrong I apologize.
Thank You.
Terrorist financing, money laundering, illegal weapons purchases, crime and tax evasion have been in existence since the beginning of time. I don't think these are the reasons why some governments want to kill bitcoin. I believe its the idea of decentralization that they don't buy. but this is just my opinion, so if I am wrong I apologize.
Thank You.
as we know, many governments in the world are banning bitcoins and here I have my own why the government want to kill Bitcoin, because I think Bitcoin can be used for terrorist financing, money laundering, illegal weapons purchases, crime and tax evasion. therefore the government forbids Bitcoin, because Bitcoin transactions are difficult to trace so it is only natural for me if the government is very worried about Bitcoin and many country banning (block) Bitcoin.
but this is just my opinion, so if I am wrong I apologize.
Thank You.
Bitcoin will never die,and governments are not here to kill this cryptocurrency but to govern,countries all over the world are divided in this stand some banned the usage of bitcoin while others banned the mining but the main objective. Is to put policies and the most important thinis how to apply taxation on this community so government may have piece a cake but this is just my opinion, so if I am wrong I apologize.
Thank You.
How come you think they want to kill Bitcoin ? They just didn't want to use or support it.
I think they banned bitcoin because mechanism from Bitcoin against their rule, like anonymously transaction. That's why they didn't want their people to use Bitcoin.
I think they banned bitcoin because mechanism from Bitcoin against their rule, like anonymously transaction. That's why they didn't want their people to use Bitcoin.
The government is against bitcoins because they believe that bitcoins are affecting their economies. They can not impose taxes on them which is the main reason the government opposes the MOF.
because the worker in goverment are tarns in biwtcoin because the worker of goverment think s that bitcoin is easy to get money than the goverments job now the goverment are realy least count of his workers.
i am thinking about it. 
as we know, many governments in the world are banning bitcoins and here I have my own why the government want to kill Bitcoin, because I think Bitcoin can be used for terrorist financing, money laundering, illegal weapons purchases, crime and tax evasion. therefore the government forbids Bitcoin, because Bitcoin transactions are difficult to trace so it is only natural for me if the government is very worried about Bitcoin and many country banning (block) Bitcoin.
but this is just my opinion, so if I am wrong I apologize.
Thank You.
but this is just my opinion, so if I am wrong I apologize.
Thank You.
obviously one of the main reason why some government does not support bitcoin or cryptocurrency because they cannot charge tax to users.
as we know, many governments in the world are banning bitcoins and here I have my own why the government want to kill Bitcoin, because I think Bitcoin can be used for terrorist financing, money laundering, illegal weapons purchases, crime and tax evasion. therefore the government forbids Bitcoin, because Bitcoin transactions are difficult to trace so it is only natural for me if the government is very worried about Bitcoin and many country banning (block) Bitcoin.
but this is just my opinion, so if I am wrong I apologize.
Thank You.
but this is just my opinion, so if I am wrong I apologize.
Thank You.
obviously one of the main reason why some government does not support bitcoin or cryptocurrency because they cannot charge tax to users.
bitcoin is the hacker's favorite currency and crime.
Bitcoin and crypto currencies have an impact on the economy because they can replace real money. The government bans bitcoin because they cannot control it because it is anonymous.
Bitcoin and crypto currencies have an impact on the economy because they can replace real money. The government bans bitcoin because they cannot control it because it is anonymous.
Jump to: