Topic: Why do some government ban bitcoin? - page 29. (Read 12625 times)
The increased number of scammers and the fact that they cannot control its trading as well as buying, they simply do not have stake in it and it makes them bitter.
The main reason is because bitcoin threatens national security, as we know that bitcoin uses a decentralized system so that no one can control the bitcoin price so the government seeks safe roads with bitcoin banned.
I See topics about banning and I want to ask.
Is botcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
Is botcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
As we all know... Many government official who are involved in corruption. But not all... thier are also who are honest... For those grassroot currupt government officials... They want to ban bitcoin... because they are not binefeted this kind of investment for thier own personal interest..which is the bitcoin money digital
currency...
I See topics about banning and I want to ask.
Is botcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
Well we cannot blame them because some of people use bitcoins at evil deed because they know that it is anonymous. Some countries banned the bitcoin because they saw it as a threat. Government cannot manage bitcoin because it is decentralize that is why they didn't know of having a bitcoin in ones country plus it has no tax so they think it will be bad for their economy. Is botcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
Bitcoin is very powerfull and decentralized currenzy, so it is normal that banks are very scare, but also i think the biggest banks already invested on cryptocurrency bitcoin first!
Because the govenrment afraid bitcoin will affect their currency. because bitcoin is very powerfull currency that not affected by other currency like stock or fiat money. one thing that would affect the bitcoin is demand. in other reason bitcoin is also very anonymous so the government afraid bitcoin user use it for bad thing
Some countries prohibit its citizens to use it because bitcoin has been use before in illegal activities that was uncovered by the authorities and they are afraid that its citizens will have an idea of using it for the same purpose. Because of its anonymity, some people who do something unlawful prefer to use it instead of payment option that is traceable and that's why some media also emphasize more the negativity of using bitcoin and other crypto that's why others prefer not to be involved with it.
We all know that bitcoin system is decentralized in the field of market. So mainly , transactions could be done without any format of name or reason needed or in other word itsearch transaction could be done anonymously so most of people uses bitcoin or any other forms of crypto currency to buy illegal thing on the Internet which the government does not want to imply to the state.
Hi, Buddy
In my opinion
Because , i was out of control..
Gov bank in many countries wanna law rules and regularly to bitcoin. But, many people doesn't agree with this plan.
That's why many gov bank ban bitcoin
In my opinion
Because , i was out of control..
Gov bank in many countries wanna law rules and regularly to bitcoin. But, many people doesn't agree with this plan.
That's why many gov bank ban bitcoin
They are always afraid of things that they cannot control, once they think of how to control crypto, they will be very calm 
I See topics about banning and I want to ask.
Is botcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
Is botcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
i think it's the same to what happen to gambling before, though
There are some factors why some government ban bitcoin. One of those is that it can be use to do illegal things/transactions. It can be use as a medium to perform things prohibited by the law. As bitcoin is a decentralized currency and does not need intermediary. Transactions happen between the two users only. The transactions made can not be tracked. The government do not have any control in here.
I See topics about banning and I want to ask.
Is botcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
Bank's are scared that people will prefer btc than cash in the long run. To protect their interests Banks approach the government to sideline btc and other cryptocurrencies. Bitcoin is not bad, it's a very prospective investment which was created to help people earn. Is botcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
Im also doubt why some government banned bitcoin. Not totally all but there are few governments banned bitcoin. Maybe the reason are all about taxes. Im not surely but talking about government it involves taxes. Governments are only depending on a taxes collected, without taxes government economic status automatically shutdown. Particularly in bitcoin we really knew already that it is a tax free, and nothing tax collected by government, but for me nothing wrong about bitcoin because it helps people and economic status growing up. Even bitcoin is a tax free but still bitcoin contributed economic development in a country by the people who access bitcoin and earn for which the money from bitcoin will used to transact or buy some products and goods to every establishment or government institutions like government schools. There are also people paying government colleges and the money came from bitcoin access. So bitcoin is big help to government.
I See topics about banning and I want to ask.
Is bitcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
Because the Government is worried if its people prefer Bitcoin compared his country's currency. Therefore the Government prohibits using Bitcoin as a tool for their transactions. But to have and investing still allowed by the Government. Is bitcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
Governments are against it because they have no way of controlling it as they please. They have no record of transactions or method of controlling how it is traded.
Because its a big threat to the banks which are getting a lot of taxes,they are centralized and crypto is decentralized.
because bitcoin is not directly controlled by the government directly, therefore the bitcoin currency is an easy target for criminal actions such as money laundering and to avoid taxes. the lack of role of the government can also make this currency worthless and not make the bitcoin currency legal.
I wonder why the government forbids bitcoin, perhaps because the government actually just wants to protect its citizens from the bad risks caused by bitcoin. Or it could be the government is afraid bitcoin able to shift banknotes owned or made by the country.
I See topics about banning and I want to ask.
Is botcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
Is botcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
It's decentralized and can't be controlled by the government so they see Bitcoin as a threat to their local currency. They are afraid that bitcoin will replace fiat in the future so I guess that's why most of them are finding reason to ban bitcoin.
Point A government's sets bitcoin bann not because they know what bitcoin is and what the bitcoin is, the government is told what it is bitcoin and so on but the government keeps claiming bitcoin as a threat to banking.
Point B government claims bitcoin as a tool to launder money.
Point C government see unstable prices
Just opinion
Point B government claims bitcoin as a tool to launder money.
Point C government see unstable prices
Just opinion
Well the main reason for the government that they want to ban bitcoin is that they are scared of what it can do to their country. It does not have any tax when the transaction was made and done by bitcoin. Banks are just nothing while bitcoin is being used. It does not need any middleman in their transaction so that it will be a great threat for them.
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