There are many reasons, goverments want to to follow the money where goes. Cause money can use in different ways, i mean illegal.
Thats why goverments want to control the transfers.
Topic: Why did the government want to kill Bitcoin? - page 32. (Read 2301 times)
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.
Because The government cannot controll bitcoin over. They afraid bitcoin use illegal activities.
Many governments want to kill bitcoin. Because of the decentralized nature of cryptos. As they are decentralized in nature so government has no control on them and the transactions made through these cryptos can't be tracked by any government or bank. So the people involved in the transactions remain unidentified. Due to this feature of anonymous transactions, many people use cryptos especially Bitcoin as a mode of payment in illegal dealings such a drug dealings, ammunition dealings etc. This is the reason why many countries are not supporting cryptos.
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.
For me , I think government want to kill bitcoin because they cant control it. And maybe because some people used bitcoin in a bad way. They thought it would harm their people and will help their economy to go down. but this is just my opinion, so if I am wrong I apologize.
Thank You.
Many governments have felt that bitcoin is becoming stronger every day. They worry that the expansion of the encrypted community affects the country's economic order and destroys the Fiat system, which is not acceptable to most governments.
Governments is trying to kill bitcoins because they think bitcoin is danger for other fiat currencies also for economy but they need to understand how this currency can help their economy now many countries are adapting this currency and one day governments realize how this currency change economical life. many politicians and businessmen's don't want peoples make money from bitcoin and make rich they want they always stay poor.
I think the government is afraid of what could come out of crypto currencies transactions... As it is encrypted it can be used to finance terrorism, and to purchase illegal ammunition... So I think the government is banning Bitcoin, because Bitcoin transactions are difficult to trace. Like the government is very worried 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.
They want to kill bitcoin because they cant control bitcoin, we know that government cant get tax in bitcoin. Or maybe they just want to protect their people in bitcoin. They think that bitcoin is a scam so it is a bad idea for them to invest. They are just lack of knowledge about bitcoin. Maybe they think that bitcoin is a threat to banks . but this is just my opinion, so if I am wrong I apologize.
Thank You.
Yes Government want to kill bitcoin.Because from bitcoin change government didn't got any tax and government don't control that currency this is the main fact.If government take control on bitcoin i think govt. Give ligeality for their country.
Government always Is Trying To Take Total Control of our money. The technology we thought we were using to make life more efficient started using us some time ago. But I think Bitcoin will win in the end 
Bitcoin will be very difficult to manipulate and control by anyone, so the government is more prohibited bitcoin in their country because it will affect the economy of their country and maybe because bitcoin including digital curency that can not be controlled by anyone then the government more wanting to kill bitcoin than later will create some factors that government does not like.
Although there are some governments that do not want to get involved in it because they already accept bitcoin in their country.
Although there are some governments that do not want to get involved in it because they already accept bitcoin in their country.
I do not disagree with your opinion but that not all countries are banning bitcoin but there are still many countries that also accept bitcoin because bitcoin is very easy to make transactions to all countries and transaction costs are also very low but I hope if later bitcoin can be known all over country to make bitcoin more victorious and in everyone's interest.
obviously bitcoin is not a currency issued by an agency that is recognized by the government. Negative things from the use of bitcoin can also adversely affect the governance system of a country even in some countries there is already a strict ban on the use of bitcoin
lack of central authority is the primary reason governments are afraid of the cryptocurrency. Nobody needs Western Union or its competitors if everybody is using bitcoin.
They think the organizers are bad, they are the places to finance terrorism, the place where money is laundered, the place where criminals are, they try to stop the BTC, but in my opinion the government has not seen the profit from BTC.
I do not think the government wants to kill Bitcoin. They banned Bitcoin for a long time to learn about Bitcoin before accepting it. They do not want their people at risk. I think the government has made a very wise decision
I think government want to kill bitcoin because they can't earn money from it. Bitcoin itself did not pay a tax to the government, they did not trace every people have a bitcoin.
I think government not exactly want to kill bitcoin I think it just they banned it because of they do not have the powers to manage it , and to avoid people from risk.
I do not think the government wants to kill Bitcoin. They banned Bitcoin for a long time to learn about Bitcoin before accepting it. They do not want their people at risk. I think the government has made a very wise decision
Government not killing bitcoin, they are only trying to protect people against what they see as risk, they still need to change their assertion about bitcoin so it can be trusted by investors.
Because some countries think BTC is the place of bad guys, they may use the BTC to fund the terrorists, and they may think that the BTC helps the money launderers.
If they think that Bitcoin is used by people to transact money from terrorists and launder money, then why do a lot of other countries still accept Bitcoin? Some even legalize the use of it in their country.
I think that is not the only reason why leaders of countries do not want Bitcoin circulating in their country especially those countries that has a censorship in their internet. Usually the government do not want their people to use such cryptos since they want to monitor their people.
That's one of the possible reasons why some of countries are strictly prohibited to used bitcoin or crypto currency.
And also the government cannot control it because bitcoin is a decentralized currency.
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