Topic: Why did the government want to kill Bitcoin? - page 29. (Read 2301 times)
this is my solitary contemplations or assessment regarding why government wsnts to boycott bitcoin. Bitcoin is known as computerized cash in view of that administration can't be follow or track the exchange inside the framework and can't control the cash stream inside. A portion of the exchanges here are illicit like acquiring weapon, sedate trafficking, blackmail, misrepresentation, trick, programmers, and illegal tax avoidance. It will be a major danger to our nation and residents security. In any case, I trust multi day government will seee the brigther side of bitcoin and perceive how they can contribute in our worldwide economy.
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.
Government want to kill bitcoin or end it because they know that there is a chance that bitcoin can make our bank disappear and it can be our currency in the future.
I'm not really sure if the government really wants to kill bitcoin. I think the government just not really understand what bitcoin is. Maybe they just want to regulate it.
Most of the reasons is people using BTC in many illegal activities.Buying drugs,money laundering & using BTC with porn etc.
And other a lot of illegal activities are doing by it.Mainly that's why government trying to destroy btc and alts.In Many countries btc is not acceptable thing.
And other a lot of illegal activities are doing by it.Mainly that's why government trying to destroy btc and alts.In Many countries btc is not acceptable thing.
maybe this is true and the government only knows about the illegal things that bitcoin can use. I think the government needs to learn more about bitcoin, especially about cryptocurrency so they know that besides of the illegal things, bitcoin can be used for legal things too and bitcoin is trying to help every people from all country to search a new source of income. maybe after the governments know and understand about bitcoin, they don't kill bitcoin and they will support bitcoin to grows and make bitcoin as a legal thing.
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.
the issue may be true, but the vital thing in my opinion is that bitcoin transactions are not taxable, so the government can not make money and control the economy of the country, it also results in the fall of the currency value of the country. but this is just my opinion, so if I am wrong I apologize.
Thank You.
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Most of the reasons is people using BTC in many illegal activities.Buying drugs,money laundering & using BTC with porn etc.
And other a lot of illegal activities are doing by it.Mainly that's why government trying to destroy btc and alts.In Many countries btc is not acceptable thing.
And other a lot of illegal activities are doing by it.Mainly that's why government trying to destroy btc and alts.In Many countries btc is not acceptable thing.
maybe this is true and the government only knows about the illegal things that bitcoin can use. I think the government needs to learn more about bitcoin, especially about cryptocurrency so they know that besides of the illegal things, bitcoin can be used for legal things too and bitcoin is trying to help every people from all country to search a new source of income. maybe after the governments know and understand about bitcoin, they don't kill bitcoin and they will support bitcoin to grows and make bitcoin as a legal thing.
Most of the reasons is people using BTC in many illegal activities.Buying drugs,money laundering & using BTC with porn etc.
And other a lot of illegal activities are doing by it.Mainly that's why government trying to destroy btc and alts.In Many countries btc is not acceptable thing.
And other a lot of illegal activities are doing by it.Mainly that's why government trying to destroy btc and alts.In Many countries btc is not acceptable thing.
Yes, government want to kill bitcoin because many bad people maybe used in the illegal transactions, and government can't trace it. Another one bitcoin did not pay tax, government can't earn money.
Most of the reasons is people using BTC in many illegal activities.Buying drugs,money laundering & using BTC with porn etc.
And other a lot of illegal activities are doing by it.Mainly that's why government trying to destroy btc and alts.In Many countries btc is not acceptable thing.
And other a lot of illegal activities are doing by it.Mainly that's why government trying to destroy btc and alts.In Many countries btc is not acceptable thing.
All reason that you wrote is right, I think the most important thing to discuss here is how to make government accept bitcoin, how about make a charity event to introduce bitcoin in a good way, government want to kill bitcoin because it looks like a threat for them but maybe if they looks bitcoin and it's community is a good thing then maybe they will treat bitcoin in a good way.
Most government recognize it as "Virtual Currency" a currency on it's kind used to perform certain transactions online. To make it legal, it should be undergone such regulations for the acceptance in public. This is what happens in our country, and so far the outcome was very pleasurable for us. The government would then take a little tax from it, I didn't seen government having much insecurities with Bitcoin.
In my opinion, the government wants to kill bitcoin because if more and more people are using bitcoin for the transaction then the government will not get any profit. Bitcoin offers low transaction costs and no taxes so the government is afraid of not benefiting from taxes on financial transactions. Especially tax this transaction will be large enough to follow the number of transactions. Maybe the government is not ready to face the increasingly tight currency competition. That’s a bit of my idea.
your opinion is true too bitcoin is now crowded in talk almost worldwide, some want to receive bitcoin but also there is a ban bitcoin and if in my opinion that bitcoin is difficult to stop let alone bitcoin users there almost worldwide and this will make bitcoin growing moreover now there are already many new coins that appear in the world of cryptocurrency of course this will further add its own power for the world of crypto.
Because they want to control bitcoin,they want bitcoin undergo regulation and they are the one who will regulate.They think it is threat on their goverment.Thats why there is still coutry doing it.But they never look on the positive side that bitcoin is very helpful to everyone.
Indeed bitcoin offers a variety of conveniences for its users so do not be surprised if this convenience is used for negative transactions. Actually bitcoin technology is good and great just the behavior and mental users who are not responsible for using bitcoin for crime transaction. With a decentralized bitcoin system, the government has no control over how to manage bitcoin transactions. Indeed there are all positive and negative sides. In addition, I predict that the reason that the government wants to kill bitcoin is because they fear if the country's fiat currency is shifting position with the presence of bitcoin. This sophisticated bitcoin will certainly get the heart in the community because the transaction is quite easy. If this happens then the government feels a big loss.
Hello to the whole community. I really do not think that government regularizations can end Bitcoin, the free market policy offered by cryptocurrencies endangers the power of banking, and even more so in countries that have a strong financial wall. But I am convinced that sooner or later it will be inevitable to impose controls on the transactions of cryptoactives, the true strength is given to all who work the crypts in one way or another. Thanks and regards.
Personally, I think the government can not get any profit from bitcoin. So they want to kill Bitcoin. That’s all
The fact is that Btc is acting in deep web and it is out of control
- It’s realy simply, because Bitcoin is unregulated digital currency and it is developed with decentralized technology. Therefore, the government can not control it
It is fact, that some governments actually want to ban the use of bitcoin in their country..... This can be attributed to the autonomous structure of the blockchain technology, which seems to be encouraging criminal activities such as: money laundering, drug trafficking etc.
They did not wanted to do that. So better to inform yourself a little bit better instead of coming here trying to spread as much FUD as you can, bitcoin is not dead and it will never be "killed" by the government or something like that
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