Topic: Why Government does not like crypto? - page 2. (Read 15128 times)
It seems that the government is not hating but they themselves are still learning about cryptocurrency whether it is suitable or not to do legality in the country as many countries actually have not given an attitude
I am sure that there are many reasons why countries do not allow crypto operations in their countries, perhaps one of them is the crypto price that is not yet clear or still fluctuating, making the country reluctant to use it because it can harm their country and certainly they still use the laws that apply in their country, therefore crypto hard to enter.
Most of the countries not banned crypto but tried to regulate it, to avoid average people from scams,which were very common thing during the hype of ICO in 2017
I think bitcoin and government can’t exist with each other, If Bitcoin continues its progressive development, the state apparatus will gradually melt. If the state continues to exist, Bitcoin is likely to outlaw and try to crush the power of the repressive state apparatus. However, the more users invest in Bitcoin, the more power, assets and support the network has, which will help it resist any aggression from the state. Because people make investments in Bitcoin out of curiosity. They are betting on a unique, global phenomenon that will improve their lives, and they are ready to fight for it to continue to exist, At a certain point, the number of users will reach a critical mass, and no one will be able to oppose or intimidate them to anything. Upon reaching this point, the state as a system of hierarchical power institutions will be doomed.
I, too, so same think, support your opinion! Time will tell the result. For now, as enthusiasts, we can only believe and wait. 
It is even difficult to imagine how much money is laundered with the help of cryptocurrency and the government can not affect it, there is no tax revenue, and no one will voluntarily pay them
No more than through banks
Much less money is actually laundered through cryptocurrencies.
I don't really understand why they don't like crypto or agree with the presence of this extraordinary program. I think the technology generated from the blockchain is very useful, both in terms of the platform and also the server is so fast and easy to reach, or maybe they don't like it because crypto is anonymous.
the government still has the potential to be able to apply taxes from crypto users, but they will not be able to fully register transparently, this is a difficult thing for them because it will not match the financial system that is already running. They do not hate for a number of things, but are more directed at the stage of maintaining balance.
Cryptocurrencies provide very large opportunities for transparency precisely because of the blockchain, which today shows very large opportunities. I hope that today we will be able to achieve improvement in this degree.
i dont think cryptocurencies will be easily accepted by all governments in the future unless crypto can be better than now and more improvements from cryptos that can meet the demands of the more safety and secure to investors around the world.I think that economic mechanisms for the use of cryptocurrency in some states have not yet been developed.
Perhaps this is due to their economic models.
I think that soon cryptocurrencies will be available in the life of every person.
Perhaps this is due to their economic models.
I think that soon cryptocurrencies will be available in the life of every person.
some states don't want develop them because they like to control all financial flows and cryptocurrency is beyond their control.
Cryptocurrencies provide very large opportunities for transparency precisely because of the blockchain, which today shows very large opportunities. I hope that today we will be able to achieve improvement in this degree.
i dont think cryptocurencies will be easily accepted by all governments in the future unless crypto can be better than now and more improvements from cryptos that can meet the demands of the more safety and secure to investors around the world.
I think bitcoin and government can’t exist with each other, If Bitcoin continues its progressive development, the state apparatus will gradually melt. If the state continues to exist, Bitcoin is likely to outlaw and try to crush the power of the repressive state apparatus. However, the more users invest in Bitcoin, the more power, assets and support the network has, which will help it resist any aggression from the state. Because people make investments in Bitcoin out of curiosity. They are betting on a unique, global phenomenon that will improve their lives, and they are ready to fight for it to continue to exist, At a certain point, the number of users will reach a critical mass, and no one will be able to oppose or intimidate them to anything. Upon reaching this point, the state as a system of hierarchical power institutions will be doomed.
I think that economic mechanisms for the use of cryptocurrency in some states have not yet been developed.
Perhaps this is due to their economic models.
I think that soon cryptocurrencies will be available in the life of every person.
Perhaps this is due to their economic models.
I think that soon cryptocurrencies will be available in the life of every person.
Governments like cryptocurrency, when it is under their control. As it is decentralized governments won't be getting anything out of the same. Also governments does not implement on the right way, because if the blockchain technology backing the cryptocurrency network is used on the governance surely it'll help with a corruption free government and even if some form of corruption takes place it can be easily found. Likewise various reasons were there for government to dislike cryptocurrency.
Cryptocurrencies provide very large opportunities for transparency precisely because of the blockchain, which today shows very large opportunities. I hope that today we will be able to achieve improvement in this degree.
I think the whole problem is that they don’t know about crypto-currency or are afraid of transparency. They are most quickly sung destabilized with cryptocurrency if it is legalized. Although no one really knows what will happen next.
I am sure that they know about the cryptocurrency(I think there are not many people in the world who did not know or have not heard anything about the cryptocurrency),and something tells me, most of them have invested not small funds in it.The moment will come and they will surely try to take control.And here it will turn out at them to make it or not-it is other question. 
Cryptocurrency is the most popular terms nowadays. People like cryptocurrency so much. Many people are involving in the crypto world. Everyone wants to earn money from cryptocurrency. While people are liking cryptocurrency, Government does not like it at all. In some countries, the government banned the cryptocurrency. What is the reason behind this banned?
I think you dont get it in right context, What i know is not all governments are againts in cryptocurrency as matter fact in my country cryptocurrency was already legal and supported by our government and some of my country largest commercial bank is adopting cryptocurrency already. Thats why regulation is the game changer in order to prosper cryptocurrency adoption around the world.
I think the whole problem is that they don’t know about crypto-currency or are afraid of transparency. They are most quickly sung destabilized with cryptocurrency if it is legalized. Although no one really knows what will happen next.
I think why most of the government of the countries of the world do not like Cryptocurrency is that most of the politicians do not have basic knowledge and principles of altcoins. They didn't understand that most of the economic problems most countries are facing today can be solved by adopting crypto as a means of payment
I think that governments are not determined to solve economic problems. during the economic crisis - those people who are at the head - they have the opportunity to make good money
I think why most of the government of the countries of the world do not like Cryptocurrency is that most of the politicians do not have basic knowledge and principles of altcoins. They didn't understand that most of the economic problems most countries are facing today can be solved by adopting crypto as a means of payment
In some view, crypto is not a good currency for government since they are providing our fiat money according to our economic GDP. So crypto might kill the use of money for different kind of big transaction so taxes will lesser than the expected. Government afraid about, but in some view it could help government by giving income for the people cant do a job out there.
after the advent of cryptocurrency and blockchain - many government workers and government structures are endangered, but I think that if they have to disappear, it will happen. all that is not really necessary will disappear. All that was created for money laundering - will die Jump to: