Topic: why do governments don't make BTC illegal worldwide ? - page 20. (Read 8116 times)
Cryptocurrencies poses a great threat to the government and banks especially. We have seen how easy and cheap it is to make bitcoin transactions
For governments to succeed in their war against BTC worldwide it means that all the world countries has to agree and speak in one voice,but quit unfortunate opinions of countries differ when it comes to use of BTC. making it impossible for such a wicked consensus to be riched.
In different countries, different bitcoin recognition and appreciation will be validated by government and some countries recognize the value of bitcoin and may help their developed country to accept Get it
For me,I think the government will not make BTC as illegal because bitcoin helps the economy.The only thing that government are scared in bitcoin because of the revenues and taxes.I hope the government will legalized BTC soon.
the governments of some countries make legalized the cryptocurrency to pay the taxes of bitcoin user they regulated it.
Not all governments are banning bitcoin because every country has its own views on bitcoin and the cryptocurrencies. Others think its a threat on their country's development as they know that bitcoin is a decentralized currency. On the other hand, others also think that cryptocurrency can help lift their economic status that's why they embrace the said technology.
It will be a difficult task for them to achieve because they know its not centralized which will not be easy for them to control because of iys decentralized nature it was created for.. .
Because its decentralized and they know it will be difficult for them to control and make it illegal..
In different countries, different bitcoin recognition and appreciation will be validated by government and some countries recognize the value of bitcoin and may help their developed country to accept Get it
Beyond the difficulties presented by the decentralization of bitcoin itself, governments and regulatory bodies have shown they lack understanding of technological topics, and bitcoin is one of the most complex. As governments struggle to ban technologies like Tor and encryption, it seems impossible.
Btc is illegal in certain country because it is used by some people for illegal transactions. The governments bans bitcoin because they knew it some kind of money laundering, and sometimes btc is being used in illegal drugs and other illegal actions.
governments don't make bitcoin illegal worldwide because no government cant stop bitcoin they can only put limitations and regulated and tax it .bitcoin is beyond their control
Even if the bitcoin has a very good goal in helping people to changes their way of life through bitcoin investment and activities , but wr can not deny that there are people who uses this good technology of cryptocurrency for illegal transactions worldwide , yhat is why the government will try to stop the BTC illegal transactions worldwide.
the governments of some countries make legalized the cryptocurrency to pay the taxes of bitcoin user they regulated it.
For making anything illegal worldwide, the governments need to come up with valid reason. And some governments dont care about bitcoin and some governments uses cryptocurrency too so they cant ban bitcoin worldwide.
Some countries did not make it illegal instead they accepted cyrptocurrency because they know that time will come that they can use use to gain more income and to improve and develop their industry and market. That is why they supported it because they will need it sooner or later.
I'm wondering this because is such a real threat to bank system and we all know how banks and governments are tightly linked !
BTC could make people more autonomous, self-resilient, being their own bank. You can use it like cash, making your transaction almost untraceable (or untraceable using e.g. monero or dash or laundry systems) : this is governments worst nightmare, isn't it ?
BTC could make people more autonomous, self-resilient, being their own bank. You can use it like cash, making your transaction almost untraceable (or untraceable using e.g. monero or dash or laundry systems) : this is governments worst nightmare, isn't it ?
They think bitcoin to laundry money simply because they are more safe looking at risk taking and they can not control bitcoin, so not all governments accept bitcoin. There's also a lot of negative news about bitcoin maybe it affects their mindset.
I'm wondering this because is such a real threat to bank system and we all know how banks and governments are tightly linked !
BTC could make people more autonomous, self-resilient, being their own bank. You can use it like cash, making your transaction almost untraceable (or untraceable using e.g. monero or dash or laundry systems) : this is governments worst nightmare, isn't it ?
BTC could make people more autonomous, self-resilient, being their own bank. You can use it like cash, making your transaction almost untraceable (or untraceable using e.g. monero or dash or laundry systems) : this is governments worst nightmare, isn't it ?
They think bitcoin to laundry money simply because they are more safe looking at risk taking and they can not control bitcoin, so not all governments accept bitcoin. There's also a lot of negative news about bitcoin maybe it affects their mindset.
Every government has a different idea then there is also not receive bitcoin in the country. Maybe they think bitcoin will destroy the economy that exists in the country.
And why do you care so much about this? You are just spamming this forum with nonsense and you are asking why they are not still banned? Came on my friend, stop being so hypocrite because it makes me feel mad.
If the government makes illegal btc surely it will fuck up its country because making btc ilegar is also very risky so they will not make illegal btc because it is so risky for them so they are reluctant to make illegal btc
In different countries there will be different bitter policies and in European countries they attach great importance to and invest in bitcoins. They are not going to be turned around or severely punished because government recognition will different
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