Topic: Why Government does not like crypto? - page 48. (Read 15098 times)
On the contrary, the state will try to integrate the blockchain, but in this case people will understand what to spend and this technology today can really take people to a new level, which today is generally as a whole.
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?
the government can't control crypto currencies, and is therefore not configured in such a positive way. I think that with the legalization will change a lot in relation to cryptocurrency, but there is a possibility that this legalization may not be
They afraid of people who have free access to payments they can't trace and also they afraid that crypto is a threat to their usual system
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?
Governments want to control everything, so they don’t like a crypt. So your bank cards can be blocked by the decision of the judiciary. Cryptocurrency wallet is very difficult to block or select, without the use of physical force.
There is different factor why bitcoin banned one to other country. Maybe because they some issue happen to bitcoin that can cause to tone country to banned bitcoin. But mostly reason is they did not manipulate bitcoin so they start banned bitcoin to their country.
People working for governments are biggest criminals of all, while their people suffer they are enjoying their big salaries and all shady deals which brings them money, in most countries of the world. Of course they don't like crypto, crypto for them means they can collect less taxes, people will become richer and that doesn't suit them. Bankers don't like crypto because they want people to own them money so they can take their interest every month and take property if you fail to repay loan because you live in shit country working for small wage. Crypto represent all what they don't like, a big chance for small man.
It’s not right to say that government does not like crypto. If this were true, there would be no regular discussions on this issue. Just still open questions about the regulation of cryptocurrency. In Japan, for example, a cryptocurrency is legally recognized as a means of payment.
I think that the government does not like cryptocurrency due to the fact that it is very difficult to regulate. But there are many states that are loyal to crypto.
Everything is very transparent, because today the state has a lot of things that ordinary people don’t need to talk about, so I probably wouldn’t just talk about it, this is exactly the situation that prevents the state from using blockchain
I don't think they are that hate the cryptocurrency but majorly most think it's an obstacle to their centralized currency and also with it unregulate nature many are using it to scam those that are not really know much and making government look like not doing anything to prevent it citizen as their primary assignment is to prevent every property and living soul.
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?
the state against cryptocurrencies as it in most cases in any way not regulated stream and it seems to me that now it even is problematic. with the legalization of the situation will change, but not the fact that for the better
In my own view and sense of reasoning, Government sees Bitcoin as a threat to the local currency and also they may not be able to control it. If they can do anything which I believe they are working on, they will do it.
The government doesn't like anything it can't control. No wonder it doesn't like crypto.
I think that it is si because they like to have a control about everything and crypto gives for people a chance for to have something their own without outside influencors.
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?
Crypto is a really young and unstable market, that is just in the beginning of its establishment. Governments don't know how to adopt this technology, but I think in due time we will see that the monetary system will be shifted into blockchain.The government continue to make ways on how to adopt the technology. Some countries are already enjoying the services which it really helps a lot and cryptocurrency isn't a threat to the government but an opportunity. Sooner or later, this kind of tech would definitely be appreciated by many.
They don't like to lose money and crypto gets a good part of their possible income that could not be the good news for them so they don't like it so much.
Cryptocurrency gives people a chance for freedom, the state likes to control everything and to impede the enrichment of ordinary people, I think that these reasons do not like the state.
They do not like it because there is uncontrollable power and competition for the state’s monopoly
There are many reasons why. Crypto currencies allow payments without a third party, that makes banks and governments useless. Moreover it is hard to get taxes or fees from crypto, because they are decentralised. I hope, governments won't ban crypto.
because they don't get anything from Crypto, the government only needs money, without money they will refuse anything even if it's good for their country.
people in government like money and I agree that crypto is not interesting for them - they can't touch taxes from it)
There are things that are greater than taxes, that is decentralization, when the use of crypto is increasingly massive, it will make the government powerless when problems occur, everyone will turn to crypto and this is dangerous for legal money.
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