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Topic: Why is Bitcoin allowed to continue? (Read 2370 times)

jr. member
Activity: 350
Merit: 2
December 30, 2018, 09:48:45 AM
I have been thinking a lot lately about why the central bankers are allowing Bitcoin to continue with only minor resistance.   The central bankers have set up shop in almost all civilized countries and have a money printing racket going on.  In America the central bankers are kind enough to let our treasury print the money and then they take 6% off the top thus enslaving the American population.  Don't worry though most Americans are completely unaware of any of this.  The central bankers control the military as well as they own the government.

The last country, without nuclear weapons, to attempt to bypass the central bankers was Libya.  I can still see the vivid video on the internet of Qaddafi being murdered in broad daylight in the middle of the streets of Libya.  Another fellow who attempted to not use the US dollar and went against the wishes of the central bank was Saddam Hussein.  Once again he met a similar fate.  He was hung.

The three countries without central banks right now Iran, North Korea and Syria are under constant attack or threat of attack from the central bankers.

Why would they allow Bitcoin to continue like this and grow momentum?  All they would have to do is outlaw it and 90% of the world population would bitch out immediately and stop.  But they don't do it. 

Is Bitcoin a trap?  Is this a central banker monstrosity used to turn us into tax slaves by recording every transaction?  Was Bitcoin innocent and free money and the central bankers are trying to squeeze their way in so they can use it as a weapon?  The only thing I do know is they are not handing over a decentralized economy to us because they love us.  What's the play?  Are we being set up?  Are we the useful idiots getting all our friends and countrymen involved in crypto?

Bitcoin is need to allowed to continue because many people are expect of that market or of its skill because we all know that bitcoin is good to us and good for our investment, so we must allowed to continue it
copper member
Activity: 182
Merit: 1
January 04, 2019, 12:52:22 AM
why they stop the bitcoin if they are also earning and the bitcoin helps a lot to get extra income and there is no reason to prevent them from bitcoin. and can no longer restrict the bitcoin with its existence, while it takes a long time to expand and knows the cryptocurriency.
hero member
Activity: 1778
Merit: 746
January 04, 2019, 12:33:17 AM
But some countries are not allowing their peoples to using bitcoin, not all countries allow it.
I think it is not about whether bitcoin allowed or not. Because allowed or not allowed, you still can using bitcoin without being allowed.
Bitcoin have decentralized database around the world, so we can using it although the government prohibit it.
well, some people make strict rules with bitcoin, however, I think that is because the risk of bitcoin is quite large. however, there are still many people who use bitcoin, even those who ban it still use it. I don't think that's the kind of prohibition that makes people really unable to use it, but it's a notification that this is really risky.
legendary
Activity: 1596
Merit: 1011
January 04, 2019, 12:02:56 AM
But some countries are not allowing their peoples to using bitcoin, not all countries allow it.
I think it is not about whether bitcoin allowed or not. Because allowed or not allowed, you still can using bitcoin without being allowed.
Bitcoin have decentralized database around the world, so we can using it although the government prohibit it.
I think the benefits of Bitcoin are so large that it's still allowed to continue. the benefits of bitcoin that can help people in transactions and bitcoin can also be used as a place of investment. Bitcoin has also been popular and many people understand Bitcoin.
many people have understood the function and usefulness of bitcoin very well. most people in the current era want something flexible. bitcoin and altcoin are an answer to the financial system. besides that bitcoin can be used easily, bitcoin is a system that is run by using the internet so that anyone can access easily. even though there are countries that forbid it, bitcoin can still be used, many ways and I'm sure all people who have internet access in the world can access bitcon too.
member
Activity: 606
Merit: 10
January 03, 2019, 11:26:02 PM
Bitcoin always give profitable for all investors who know when the best time for buying or selling, its why many company and bank keep continue for allowing bitcoin as transaction or investment.
sr. member
Activity: 784
Merit: 251
January 03, 2019, 09:36:54 PM
But some countries are not allowing their peoples to using bitcoin, not all countries allow it.
I think it is not about whether bitcoin allowed or not. Because allowed or not allowed, you still can using bitcoin without being allowed.
Bitcoin have decentralized database around the world, so we can using it although the government prohibit it.
I think the benefits of Bitcoin are so large that it's still allowed to continue. the benefits of bitcoin that can help people in transactions and bitcoin can also be used as a place of investment. Bitcoin has also been popular and many people understand Bitcoin.
sr. member
Activity: 1638
Merit: 251
Hexhash.xyz
January 03, 2019, 09:15:39 PM
But some countries are not allowing their peoples to using bitcoin, not all countries allow it.
I think it is not about whether bitcoin allowed or not. Because allowed or not allowed, you still can using bitcoin without being allowed.
Bitcoin have decentralized database around the world, so we can using it although the government prohibit it.
sr. member
Activity: 1400
Merit: 269
January 02, 2019, 05:52:29 AM
The answer is simple because bitcoin is a decentralized currency meaning no one or no individual owns it, no single entity controls it. That's why despite all the regulations of countries and black proganda from bankers regarding bitcoin they can't shut it down because it's not a organization or a company but a group of individuals.
jr. member
Activity: 101
Merit: 4
January 02, 2019, 05:38:39 AM
Why not? I found happiness in Bitcoin and more than that, the time I entered the crypto currency community and make use Bitcoin as my crypto currency, it makes a lot of better changes in my life. So allowing Bitcoin to keep going and running as it is makes me glad to here and to be looking forward in the future.
full member
Activity: 1638
Merit: 122
January 02, 2019, 05:35:33 AM
Why not ? Why the hell do you think that bitcoin should be discontinued ? It does not harm people , it isnt illegal ( few exeption maybe )  ,  most importantly it gives income and can improve the way you live .

Bitcoin on some stricker countries are now postponed temporarily but not discontinued forever  .   their governments might be fixing some laws in other to make btc fully legal  .  


 
I dont think bitcoin is a trap, people investing their money in bitcoin because investor believe in digital world

And where did  you get this idea that bitcoin is a trap ?  Of course it isnt .  if its a trap then it shouldnt have existed for over 9 years   .   only haters will say bad stuffs to bitcoin because they dont understand the way it works  .  people invest in btc not because they believe in a digital world but because they want to earn a huge income.
sr. member
Activity: 798
Merit: 251
January 02, 2019, 05:18:03 AM
for me, bitcoin is a world asset that must be developed from now on because the current technological needs, especially finance, are widely used using bitcoin and my advice and my input is just that
full member
Activity: 924
Merit: 100
GoMeat - Digitalizing Meat Stores - ICO
January 02, 2019, 04:42:51 AM
It is difficult to answer for sure here. Perhaps the government has its own plans for cryptocurrency, perhaps they understand that it is necessary for people, and perhaps they simply do not know how to influence it. In any case, it is unlikely that we can do anything and can just wait for active actions on the part of the government in relation to bitcoin.



I think bitcoin still continue in market because government can not stop it. With decentralized system, government can not touch bitcoin, the transaction data spread all around the world and there is no Bitcoin CEO. I think thats why government law can not apply to bitcoin
member
Activity: 429
Merit: 10
January 01, 2019, 11:14:03 PM
we need to allow bitcoin to continue despite its low price today because of the amount of people it has helped and many people believe that it will increase its price so it should be encouraged.
jr. member
Activity: 303
Merit: 2
December 30, 2018, 09:52:00 AM
there are some countries that consider that bitcoin is a currency threat to become a useless bank but on the other hand bitcoin can help people and the economy of the country so I don't understand why they don't allow the full adoption of bitcoin operations as legal currency
I think that government can't allow the full adoption of bitcoin cause bitcoin don't have taxes, the government can't collect taxes if bitcoin continues running in there country. Right bitcoin is big help cause it reduce the poverty of one country it gives job with high income to the people, and I think people have to right to choice to use bank or in bitcoin.
hero member
Activity: 1414
Merit: 505
Backed.Finance
December 30, 2018, 12:59:20 AM
I think  bitcoin is thriving and popular becuase of freedom it can offer. It i free from bankers and  elites control. In bitcoin you an transact anywhere from the world with the security and convenience it can offer. Its like having a bank at the tip of our finger, its portable too with the use of mobile phones.
member
Activity: 644
Merit: 10
COVIR.IO
December 30, 2018, 12:36:10 AM
I dont think bitcoin is a trap, people investing their money in bitcoin because investor believe in digital world need currency that fast for transaction and more secure. Central banks and government can not touch bitcoin because bitcoin is decentralized cryptocurrency and government should take advantages on bitcoin by collecting taxes from bitcoin trade
full member
Activity: 700
Merit: 117
December 29, 2018, 06:52:24 PM
Bitcoin is developing because it is a really decent technology and most people in the world understand it. And most importantly, the followers of bitcoin investors are becoming more and more every day. I think that's what allows it to be afloat on a global scale, and even the government can't influence it.
Crypto development will surely enlighten us and give more opportunities ahead.  I believe some developers will think about it and tried to improve their service especially for market exchange.
To uplift and adopt the new environment, we should adopt a new system that could help us to be more productive that bitcoin  could help us.
full member
Activity: 527
Merit: 101
DIA | Data infrastructure for DeFi
December 29, 2018, 05:07:49 PM
Bitcoin is developing because it is a really decent technology and most people in the world understand it. And most importantly, the followers of bitcoin investors are becoming more and more every day. I think that's what allows it to be afloat on a global scale, and even the government can't influence it.
member
Activity: 322
Merit: 10
December 29, 2018, 05:01:27 PM
It is difficult to answer for sure here. Perhaps the government has its own plans for cryptocurrency, perhaps they understand that it is necessary for people, and perhaps they simply do not know how to influence it. In any case, it is unlikely that we can do anything and can just wait for active actions on the part of the government in relation to bitcoin.



member
Activity: 231
Merit: 19
December 29, 2018, 04:34:25 PM
Here I go again with my non stop "we believe what we choose to believe" thing. Find something that does not have an advantage and disadvantage and let me know if you found one. Bottom line is central bank knows the pros and cons of the technology and of course if the pros are higher why would they try to stop it and not use to their advantage instead? There is no stopping the internet and all they could do for now is to put as much "blockage" to getting it adopted by the masses.
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