Topic: why do governments don't make BTC illegal worldwide ? - page 43. (Read 8116 times)
yes, you are right. Bitcoin is the ultimate bak killer - only we need to start using BItcoin more and more and government's central banking business and tracking people's life with those financial shits will just be over.
I'm wondering this because is such a real threat to bank system and we all know how banks and governments are tightly linked !
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 ?
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 ?
I think it is. Maybe they are so embarrassed about this untraceable transactions for maybe it involves a big amount of money that is supposedly taxed. However, I am also thinking about the benefit that we can get if we tax this transactions. It will be helpful in general but worse to those small earners.
Actually, if taxation will be the topic, government are gaining profit from Bitcoin indirectly. Companies like Coins.Ph are paying taxes to the government by still it is from Bitcoins.
I beleive that many governments and banks have changed their attitude towards Bitcoin.If one country ban you will go to the country who accept Bitcoin so you cant control it. That's the reason it wont be illegal anymore.
bitcoin is based on internet and it is hard to ban or illegalize all because miners got it by mining and nothing wrong or illegal they are doing. solving math problems are not illegal.
those people who make bitcoin hot in the eye because of they use it for crimes and stuffs like that.
and it will be hard for the governments all over the world because bitcoin is stronger than bedore and it is now widely used like fiat / real money
those people who make bitcoin hot in the eye because of they use it for crimes and stuffs like that.
and it will be hard for the governments all over the world because bitcoin is stronger than bedore and it is now widely used like fiat / real money
Simple conflict of interest, its a threat to Banking System where government gets a lot of money, though there are tons of jurisdiction nowadays which legalized Bitcoin and make it either asset-like value, currency or property/asset.
for me the reason why do governments doesn't bitcoin yet is because when you look at the market cap of bitcoin you can only see around $100B...
as of now the total circulating $ worldwide is in trillions already...
maybe government there isn't a need to make it illegal since bitcoin doesn't affect money that much yet...
as of now the total circulating $ worldwide is in trillions already...
maybe government there isn't a need to make it illegal since bitcoin doesn't affect money that much yet...
Governments of different countries can no longer prohibit bitcoin. Bitcoin and other crypto currency already have a strong influence on the economy and financial system of most states. To prohibit bitcoin and other crypto currency means already putting these systems at risk because people will use other options for using crypto currency and the state will be at risk of leaking money outside of the state, where the situation will be more favorable for the crypto currency. So we can say that the point of no return of the crypto currency has already passed.
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?
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 ?
Simply because goverment fear and scrared in cryptocurrency we all know that goverment controlled the bank and goverment get a money from bank while in bitcoin no goverment can control this so that is the main reason.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 would never ever want people to live a totally independent life because in this way they would become real servants of public.
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 ?
Simply because goverment fear and scrared in cryptocurrency we all know that goverment controlled the bank and goverment get a money from bank while in bitcoin no goverment can control this so that is the main reason.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 would never ever want people to live a totally independent life because in this way they would become real servants of public.
We all know that government and banks depend on each other and they give and take each others advantages. Government foresee that bitcoin could be benefitial not just for users but also for them. When people produce money out of bitcoin, money also gets back to them in a form of revenues and taxes.
The government do not think about making the Btcs illegal world .This is because the currency is making more than the expectations to the total annual income and via the use of digital asset, the risks of poverty and unemployment have decrease to the low levels and hence this is an aid for the economic as well as the social development both on the individual as well as the county level.
We all know that government and banks depend on each other and they give and take each others advantages. Government foresee that bitcoin could be benefitial not just for users but also for them. When people produce money out of bitcoin, money also gets back to them in a form of revenues and taxes.
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 ?
Nature of transactions of bitcoin had make it difficult for most the government to make it illegal, anonymous transactions makes it untraceable and it will be effort in futility to deploy any Sophisticated computer to track and trace any bitcoin transactions by any government. 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 ?
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 ?
Simply because goverment fear and scrared in cryptocurrency we all know that goverment controlled the bank and goverment get a money from bank while in bitcoin no goverment can control this so that is the main reason. 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 ?
Actualy there are some country already declare bitcoin as an iligal but still some people are using bitcoin in there country even they call it iligal because bitcoin is untraciable
Being untraceable is not an illegal thing and they are just banning it because of that threat that the criminals might use it to transact more illegal activities than the current volume of crimes back then. They will not make bitcoin illegal worldwide because they know that even there are accusations about bitcoin for being a bad currency, there is still a lot of positive things that we can see in bitcoin.So what? They can take the "positives" you are talking about and incorporate them in their own legal crypto.
Not really. Except all those negative things, bitcoin also has many advantages that can help goverment.
And i think, it's still hard for bitcoin to replace bank because there are still many reasons, like not universal enough, hard to trace, and inconvinient unlike bank for the people who don't really understand technology.
Also, if many people invest in bitcoin and be rich, it can also reduce the poverty number in the country, and can effect positively to the goverment.
And i think, it's still hard for bitcoin to replace bank because there are still many reasons, like not universal enough, hard to trace, and inconvinient unlike bank for the people who don't really understand technology.
Also, if many people invest in bitcoin and be rich, it can also reduce the poverty number in the country, and can effect positively to the goverment.
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 ?
because they dont like higher than their own money and they dont like a lot of money reduce of bitcoin they dont realize that bitcoin is the best more than their own money in their country 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 ?
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 ?
Governments do not make bitcoin illegal worldwide. Yes you are absolutely right. War governments and banks with a turnover of bitcoin is inevitable. Initially, the government did not attach importance to this problem, and now it's too late. The world is not uni polar and a ban in one state would cause all the money will go to another state. The cat will go for it? The government just don't know what to do with bitcoin. This is the calm before the storm.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 have tried a lot to do so from the beginning but unfortunately they never succeeded. As you have seen the ban has imposed many times by the major countries of the world having big crypto community but it doesn't take too long to lift their ban. Now it seems impossible that a worldwide would impose over cryptos because crypto community is now much more stronger than ever before.
Actualy there are some country already declare bitcoin as an iligal but still some people are using bitcoin in there country even they call it iligal because bitcoin is untraciable
Being untraceable is not an illegal thing and they are just banning it because of that threat that the criminals might use it to transact more illegal activities than the current volume of crimes back then. They will not make bitcoin illegal worldwide because they know that even there are accusations about bitcoin for being a bad currency, there is still a lot of positive things that we can see in bitcoin. Jump to: