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?
To avoid uncontrolled currency which can lead to regression of other currency that supports the economy of their nation. the government will definetely try its best to stop it. 
Topic: Why Government does not like crypto? - page 69. (Read 15123 times)
There are so many opinions about that out there, but one of the answers is because the government is afraid that bitcoin will disrupt stability and damage a country's financial 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?
I think some governments can not manage money laundering and tax evasion. That is the main reason why the government wants to ban Crypto from its home country.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 some governments can not manage money laundering and tax evasion. That is the main reason why the government wants to ban Crypto from its home country.
The government likes to keep everything under control, and with cryptocurrency it is impossible.
Because the state is power. Power is a centralized management. A crypto currency is, by its concept, a decentralized payment mechanism for goods and services. So it's all about the mismatch between the concepts of power and cryptology.
And why do you think that the state is against crypto-currency? It seems to me that some people from the state on the contrary are the creators of crypto-currencies and they very actively promote the crypto-currency world into the real world.
In my opinion the number one reason for governments not liking crypto is because they can not trace it and also because crypto does not pay taxes to them.
Because government gathered money from the taxes that coming from local employees , when ordinary people discovers crypto they will choose to be a part of it than working on government .
They are too independent and very difficult to control - I think this is the main reason why governments do not like cryptocurrencies. In addition, some cryptocurrency coins are anonymous, which is also not a favourable condition for acceptance by the state. They put everyone in the same conditions, poor people can suddenly get rich, and the rich - go to the trash.
because the government already has its own bank and crypton is not at all clear who the owner is, even the inventors of bitcoin are still not clear in origin. it is clear that the government might ban it because there is absolutely no regulation that regulates crypto
I think this is because the crypto currency is not subject to the government. She lives her life and works the same way. of course everything in our world is regulated and controlled. You can prohibit anything. But for the time being we have what we have.
probably the reason is that it is not regulated by the government itself
they don't like it because it's anonymous and they can't track that well the movement of the money
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?
Legally decentralized things are not allowed to use in this world so far that is how it drafitically mentioned but fact the people who have control money and controlling the world economy not allowing bitcoin to take charge.
If Bitcoin is allowed to use everywhere then the whole world will use everything free and easily.
None of the government and corporates want that. If this kind of mindset left then you can see.
What happens when governments get into cryptocurrency?
Governments have very different priorities, and decentralization — a main feature of most cryptocurrenices including bitcoin — doesn't tend to be one of them. In fact, government digital currencies could herald a new era of centralization, posing serious questions about privacy and the viability of true cryptocurrencies like bitcoin.
Governments Hate Bitcoin and Cash for the Same Reason: They Protect People’s Privacy.
Officials want to track every financial transaction you make, and they see cryptocurrencies and cash alike as barriers to achieving that goal.
Officials want to track every financial transaction you make, and they see cryptocurrencies and cash alike as barriers to achieving that goal.
Now all our money is in the state. And the money that goes into the crypto currency they can not control. Then they go crazy and come up with the law.
It is definitely still has something to do with crypto technology apply. where everything decentralized without a complicated rules. and will never know, who will be responsible if there is trouble. It is rated very dangerous by the Government.
Another reason is not a country non are enough enough and the power for their own their own nick, and the life of the people in the third water have no toys and water drink for use daily date, do they can be use crypto? I think not
Automatically every country will definitely try to make policies so that real currencies must be used and minimize the use of cryptocurrencies.
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?
Simply because they cannot regulate the bitcoin which is the thing that they do not like. With this we can say that they do not want cryptocurrency because they cannot get a hold into it. They do not like it. This is mot necessary for them. They want everything to be im their control.
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