Topic: Why Government does not like crypto? - page 22. (Read 15123 times)
I think that in cryptocurrencies all the same there is a small percentage of anonymity that can actually exist. Therefore, government agencies are not very good at this type of activity. All the same, cryptocurrencies as a whole cannot have full verification.
For sure Government must be always aware for crypto also for entering it in their community to avoid such as scam. Because that's a big problem and to announce once it will happened.
Government always want to Control everything but with Cryptocurrency every individual is holding his freedom . the government is against Crypto because they believe it can collapse the banking Sector and it will affect their Taxes revenue .
Also, they do not get any benefit from the cryptocurrency, they can not manipulate it in order to enrich, besides a lot of money leaves their field of view through the cryptocurrency
Government always want to Control everything but with Cryptocurrency every individual is holding his freedom . the government is against Crypto because they believe it can collapse the banking Sector and it will affect their Taxes revenue .
the government is centralized. encryption is decentralized. encryption means decentralization. if the encryption grows, the government's rights will be diluted.
It seems to me that many governments are very afraid that in the future the digital economy may shift the standard scheme and what belongs to them. Governments control a lot of useful topics and make a profit, so they don’t want someone or something to stop them. 
One reason is the handling. The more opportunities the population has, the harder it is to manage it. Obviously, when receiving and paying in a cryptocurrency, a citizen of a certain country will partially bypass the taxes of that country.
I agree the state wants to control the flow of funds from each and cryptocurrency it does not , I think the main reason that no one likes cryptocurrency from the States it does not track them 
Most of the goverment that has issues with cryptocurrency are those who do not have an Indebt knowledge of cryptocurrency is.
Some of them have the mind that cryptocurrency is a scam project and they are going against it so has to eliminate any form of internet fraud vices
within there control. Some felt it is a ponzi scheme that will soon crash. Why some are particular about extraction of task.
Some of them have the mind that cryptocurrency is a scam project and they are going against it so has to eliminate any form of internet fraud vices
within there control. Some felt it is a ponzi scheme that will soon crash. Why some are particular about extraction of task.
Well I don't think they don't really like cryptos. I had a feeling that what they are presently doing is just a kind of a play. They just showing the other side of a coin but the real intention is hiding the other side. I mean they want to cause chaos but they just really doing that because they want to have more in their pocket secretly.
Many countries government support bitcoin and they accept bitcoin as their trading system but many governments can't support bitcoin because they and their banking system can't control bitcoin as their Fiat money.
Not all governments ban cryptocurrency. Some countries even believe that crypto is the future money. And some countries don't like bitcoin maybe because they are afraid of payment instruments in their country being replaced by bitcoin.
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?
Everyone wants their own profit not for others so the cryptocurrencies are not going to be much profitable for the government so they are going to oppose it even if it is more advantageous for their citizens since it can make them to use their money with freedom. 
There are countries that support crypto and some forbid it. The exact reason I didn't know was because I never got a direct statement from the government concerned. But to use crypto can not be within my country. But to do crypto activity can still be because we do it in the online world.
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One reason is the handling. The more opportunities the population has, the harder it is to manage it. Obviously, when receiving and paying in a cryptocurrency, a citizen of a certain country will partially bypass the taxes of that country.
Tax evading is done by the people who uses fiat aswell. It is just unwise to put all the blame to crypto because of some people that does wrong thing. Most of the government are against crypto simply because they hardly accept new things just like when internet still not a thing.
Crypto is good.. but most of the country government not like crypto. because the government can not control crypto market. then people can using crypto worldwide without any reason. crypto be is freedom currency. so most of the people are using it any times.. the government can not identify it user. so t is difficult for states to control cryptocurrencies. Also, states need to adopt regulatory laws and this is difficult because there are no norms for cryptocurrencies.
One reason is the handling. The more opportunities the population has, the harder it is to manage it. Obviously, when receiving and paying in a cryptocurrency, a citizen of a certain country will partially bypass the taxes of that country.
Most governments are afraid of all uncontrolled things, that's why more and more countries nowadays are implementing rules and regulations on the cryptocurrency market. There are a lot of pros and cons on such control, but this is the reality. The crypto world tends to be regulated. There are dangers connected with cryptocurrency such as whitewashing, terrorist financing, drug selling business, arms trading. Also, the governments want the taxes to be paid.
The value of bitcoin is very volatile and also bitcoin is still too dangerous if we say it is an investment. we all know the big risk when investing here and also the many frauds that use the bitcoin network as their alibi to commit fraud
It seems to me that in the course of the next few years, the governments of most developed countries will create the necessary legal framework for cryptocurrency to be legalized. And I am sure that in fact all governments are interested in this, because legalizing cryptocurrency can give them even greater control over people.
Of course in the next few years we become very familiar with Crypto and now Crypto is not a real threat to all developed countries and countries that are already very familiar with crypto and have even begun using it for the purposes of buying and selling transactions and not just investment tools, so that's it's all just a matter of time.
It seems to me that in the course of the next few years, the governments of most developed countries will create the necessary legal framework for cryptocurrency to be legalized. And I am sure that in fact all governments are interested in this, because legalizing cryptocurrency can give them even greater control over people.
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