Topic: Why did the government want to kill Bitcoin? - page 3. (Read 2302 times)
I see that in different countries such things happen differently, and in some countries - I do not want to call them - nothing like this happens and they manage to successfully integrate the crypto-currency world into their own national financial system, which ultimately leads to an increase in consumer demand for various goods and services. It's simple.
Government is actually a body which is built to control its citizens and their activities. BITCOIN and CRYPTOCURRENCY are something that could be controlled by a body or association like government.This is the basic reason government is against it.
I don't think government wanted to kill bitcoin. They just know the negative effect and illegal use of bitcoin and that's why they don't legalize bitcoin. Hopefully they will understand the positivity of bitcoin and will legalize it.
Firstly, the government can not control the bitcoin thoroughly; the second bitcoin is a form of crime for taxpayers or non-governmental organizations to siphon off state taxes; third, thanks to bitcoin, many corrupt people can send Money on it to properly launder money that nobody knows, my personal opinion! 
Governments is attempting to kill bitcoins in light of the fact that they think bitcoin is risk for other fiat monetary forms likewise for economy yet they have to see how this cash can help their economy now numerous nations are adjusting this money and multi day governments acknowledge how this money change temperate life. numerous lawmakers and agents' don't need people groups profit from bitcoin and influence rich they to need they generally remain poor.
They want to kill Bitcoin because they gave no power and control over it. They cannot manipulate it nor reproduce Bitcoin. Many corrupt government officials will have a hard time making money in the government.
They want to ban the Bitcoins as they do not understand how it functions and how good it is.
I don't think the government want to kill Bitcoin,they just want to have control about it,a lot of people use bitcoin for tax evasion they want to avoid this. Some government undestand the bitcoin will helps to make economy grow up.
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.
But it's almost the same as saying guns kill people not the actual person pulling the trigger.
because in their opinion bitcoin can disrupt the integrity of the country's economy and possibly the financial system in the whole world, as for each state this is a new stage in the development of the financial era, and we can note that each state treats crypto currency with caution.
Bitcoin can not influence the economy of the world.He and the other cryptocurrency does not have such a large capitalization.It will most likely be regulated.
I makes me confusing I knew government made blockchain/bitcoin. U.S CIA made this program and it's quite confusing. Well whatever it is still they will adopt the technology of blockchain.
The government does not like bitcoins because they let bitcoins make them lose control and may make them unable to manage the investment markets and the identity of the investors. 
I think bitcoin is banned in other countries because they are afraid of what you've said that people uses bitcoin to scam, to did something not good to others so I guess many government cut off the usage of bitcoin and they want to tract all the people transaction unlike bitcoin it is not traceable if someone did wrong.
I don't think that the government's goal of banning Bitcoin is because it wants to kill Bitcoin. and my opinion on the government that forbids Bitcoin is because the government still cannot explore the meaning and benefits of Bitcoin, and maybe what they know is that bitcoin is decentralized and cannot be regulated.
Bitcoin prices are unstable and there are no clear rules on the use of bitcoin which is a reference in the state and the process of ownership and use of bitcoin that is vulnerable to crime, causing the government to try to regulate the use of bitcoin under government rules, so that legal protection, and bitcoin users feel safe and protected. I see that is what really happened and not as some people say that the government wants to kill bitcoin.
Not only can they understand the bitcoin too so many people also touch the bitcoin so they do not want to enter it in their country.
Because governments fears bitcoin case they can't control bitcoin over the bank issue notes. Actually their bank systems can't bitcoin. Many activities, money laundering, online crime, smaglling occurring now via bitcoin.
as you know that in various countries it has banned bitcoin and the point is why the government wants to kill bitcoin because the government thinks that bitcoin is used as a tool for money laundering and the other as it causes state losses and also bitcoin transactions are very difficult to track so naturally only if in some countries the government prohibits and blocks bitcoin
In my standpoint, government are against bitcoin with a factor that people took advantage of it as they perform their selfish deeds with the use of bitcoin and that's totally unacceptable for the whole industry of cryptocurrency since we, the supporters of it, grip its name and protect it towards people's unreasonable critiques.
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