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Topic: Why people are comfortable investing in government controlled investments - page 3. (Read 1582 times)

member
Activity: 140
Merit: 12
I think this is normal.
This is because people think that the government is just relying on it. If something goes wrong, the government can be approached, and the government will not run away with money. If you invest in other places, the risk is higher.
member
Activity: 116
Merit: 23
They believe that government controlled investments are safe and reliable and can protect their assets. They believe that Bitcoin, a decentralized currency, has too much price volatility and high risks. There is no institution like the government to ensure the safety of assets. All risks can only be borne by themselves, and they will have fear of cryptocurrency. For their own benefit, they are more willing to invest in government-controlled security investments.
hero member
Activity: 1890
Merit: 824
Defend Bitcoin and its PoW: bitcoincleanup.com
Just think about it a little.  Roll Eyes

You know that whatever happens with your government controlled investment, you will have a safety net from that government. History has shown us how governments have bailed out Banks and/or injected millions or even Billions of tax payers money into economies to protect it.

They are printing Trillions of Dollars to reduce the impact of this Covid-19 virus on their local economy and they are doing this with money that was supposed to go to critical needs. (Public Health care / Social grants for unemployed people etc.)

Did Bitcoin get any support from governments when Stock markets plummeted lately? No, because Bitcoin is seen as the enemy.  Angry

We relish in the fact that Bitcoin is not supported by the injection of slow poison from these governments, because this cannot be sustained indefinitely. At some stage we will see that taxes would not be enough to save Banks and/or local economies. Companies and individuals can only pay so much taxes, until they go bankrupt.

It is only smoke & mirrors to postpone the inevitable collapse of the global economy. Will Bitcoin then be seen as a real safe haven or will it be too late? 

I can't fully get on board with what you are stating here.  First off they are always using tax payers money to help bail out banks/companies etc.  When they print money, they are simply make new money, not necessarily using tax payers money.  I suppose it feels like that due to inflation occurring due to the printing of money.  Here in the United States if a bank goes under there is something called FDIC insurance.  It's not from tax payers money.  However it really is smoke and mirrors as if all the big banks actually did go under, this "insurance" would never actually pay out.  Also, if the world economy really did collapse, then bitcoin is not likely to be worth very much. 

Good point because as we have seen at the start of Coronavirus Bitcoin wasn't performing very well. The problem with crises and Bitcoin price is that nobody has money to invest into Bitcoin. Rather, Bitcoin holders need to liquidate their positions in order to be able to pay their bills, mortgages and for everyday needs. That's a common misconception so far I believe. A lot of people think that during a really bad crisis Bitcoin goes up. That could be the case if you were able to look at a currency crisis in an isolated way. The issue with this point of view though is that a currency crisis isn't an isolated event. It comes with all the surrounding that ultimately force people to liquidate whatever assets they have. The only guys who'd benefit from a currency crisis are the rich. They have the money to gobble up cheaply liquidated Bitcoin and they have the time to endure the crisis until everything goes up again until it is time to sell into the Bitcoin buying masses at higher prices than they bought for.
member
Activity: 812
Merit: 53
Because government is responsible for investors investment. But in this method the profit ratio is very low. And government is responsible for risk of loss. There is no government that is controlling Bitcoin. Bitcoin is a global currency and anyone can use it as a payment method.
But government handled stock market. and this is also a good method of earning money
member
Activity: 65
Merit: 10
People will always try to avoid disadvantages. Government investment projects are generally guaranteed by government credit. Unless the government collapses, investors will not lose money. We cannot force everyone to participate in cryptocurrency investment, because some people I don’t like to try relatively high-risk investments and there is no guarantee. Moreover, there are still relatively few countries that allow Bitcoin transactions. Under strict national control, people naturally think that Bitcoin is a bubble-like scam, and naturally they dare not invest in Cryptocurrency projects.
sr. member
Activity: 1876
Merit: 318
People usually prefer government controlled investment, no doubt about that. I have talked to people about Bitcoin and they always say that it is not backed by the government and it is not centralized, so they don’t see the need to invest in it because they feel it is not safe.

One of them told me that he wouldn’t invest in anything that doesn’t have to do with centralization or have any control unit, because it is not safe. I don’t hold it against them, because I know things are different for everyone, from the level of understanding, to finance, and the level of risk we can take and handle and all that. And moreover, I don’t expect everyone to be part of the cryptocurrency community, if you can, then go for it. Nobody is being forced.

Don't blame people who prefer government controlled investment over Bitcoin, because that person doesn't understand Bitcoin. And we really can't
force everyone to like Bitcoin, there will be people who are not willing to take the risk of investing in something they don't understand. So it's only
natural that there will always be people who choose government-controlled investments, because they think it's safe. It took a long time for everyone
to understand and accept Bitcoin, I had a hard time introducing Bitcoin to people in my environment too.
member
Activity: 99
Merit: 10
For  most people, government investment is more safe because it is guaranteed by the state power. There are military and police etc.
After all, cryptocurrency is a new type of investment model that tests peopls' cognition and ability . For any individual and organization, risks and opportunities coexist.
hero member
Activity: 3010
Merit: 794
They feel comfortable investing that is controlled by the government perhaps because of the guarantee of a strong supervisory system from the regulator, so that the level of trust in the government will look credible, of course with this system investors will be very confident that their investment will be relatively safe from fraud.
Being government related is their escape to tru crypto as they think it will not introduced any problems since governments allow it. Its already a risk now to invest in crypto so having some backup by government feels much safer however it lessens us the possibility to earn if we were able to trade it in other investments that are non regulated but with high demand in terms of trading.
If you are a traditional investor into those heavily regulated things like stocks and forex then you would definitely have that kind of perception and feels towards it since its regulated then you can feel it out that its secured.

I cant really blame off people on having those perceptions or feels since this is actually true but decentralization is the new game now where the public or community is already concerned on dealing with things which is
really opposite of being centralized.

Its actually a matter of preference or choice because its their money and if they are comfortable with traditional investment then let them be. Thing here is that they had just missed out the opportunity
on earning more even though there are some cons on dealing into this market.
hero member
Activity: 2716
Merit: 698
Dimon69
They feel comfortable investing that is controlled by the government perhaps because of the guarantee of a strong supervisory system from the regulator, so that the level of trust in the government will look credible, of course with this system investors will be very confident that their investment will be relatively safe from fraud.
Being government related is their escape to tru crypto as they think it will not introduced any problems since governments allow it. Its already a risk now to invest in crypto so having some backup by government feels much safer however it lessens us the possibility to earn if we were able to trade it in other investments that are non regulated but with high demand in terms of trading.
legendary
Activity: 2086
Merit: 1058
People usually prefer government controlled investment, no doubt about that. I have talked to people about Bitcoin and they always say that it is not backed by the government and it is not centralized, so they don’t see the need to invest in it because they feel it is not safe.

One of them told me that he wouldn’t invest in anything that doesn’t have to do with centralization or have any control unit, because it is not safe. I don’t hold it against them, because I know things are different for everyone, from the level of understanding, to finance, and the level of risk we can take and handle and all that. And moreover, I don’t expect everyone to be part of the cryptocurrency community, if you can, then go for it. Nobody is being forced.
legendary
Activity: 2282
Merit: 3014
Just think about it a little.  Roll Eyes

You know that whatever happens with your government controlled investment, you will have a safety net from that government. History has shown us how governments have bailed out Banks and/or injected millions or even Billions of tax payers money into economies to protect it.

They are printing Trillions of Dollars to reduce the impact of this Covid-19 virus on their local economy and they are doing this with money that was supposed to go to critical needs. (Public Health care / Social grants for unemployed people etc.)

Did Bitcoin get any support from governments when Stock markets plummeted lately? No, because Bitcoin is seen as the enemy.  Angry

We relish in the fact that Bitcoin is not supported by the injection of slow poison from these governments, because this cannot be sustained indefinitely. At some stage we will see that taxes would not be enough to save Banks and/or local economies. Companies and individuals can only pay so much taxes, until they go bankrupt.

It is only smoke & mirrors to postpone the inevitable collapse of the global economy. Will Bitcoin then be seen as a real safe haven or will it be too late? 

I can't fully get on board with what you are stating here.  First off they are always using tax payers money to help bail out banks/companies etc.  When they print money, they are simply make new money, not necessarily using tax payers money.  I suppose it feels like that due to inflation occurring due to the printing of money.  Here in the United States if a bank goes under there is something called FDIC insurance.  It's not from tax payers money.  However it really is smoke and mirrors as if all the big banks actually did go under, this "insurance" would never actually pay out.  Also, if the world economy really did collapse, then bitcoin is not likely to be worth very much. 
sr. member
Activity: 1330
Merit: 257
DGbet.fun - Crypto Sportsbook
In my opinion, government-controlled investing is safe from loss or loss, but there is a downside if we invest in fiat, the value only increases by 3-10% in 1 year, in contrast to bitcoin if it has gone up, you can get 100% profit or even more.
too many bitcoin weaknesses in my opinion, hacker threats, price drops, scams and much more

and it all depends on which trust is more comfortable in investing because everyone's views are different
member
Activity: 1120
Merit: 68
I don't if this is the case for every country but government stocks and bonds are the ones that comes to the people rather than the other so basically, people know more about it because they frequently saw it rather than other much better investment tools out there like stocks, bitcoin and cryptocurrencies.
hero member
Activity: 1694
Merit: 541
the government encourages citizens to invest in their products by spreading fuds on other investment products such as Bitcoin...

the government controls the media and that's what makes them able to market their products at any time, but Bitcoin has a strong loyal community, which the government can't regulate at will.
That is not the truth, the government is not going to FUD about other investments, they are issuing warnings because of the number of fraudulent activities that are taking place in the cryptocurrency market. Exchanges running away with money, ICO scamming people and the government will warn their citizens.

The main reason why people are confident in investing in government controlled investment is because they are guaranteed that if anything happens they will compensate unlike private companies.
sr. member
Activity: 2338
Merit: 365
Catalog Websites
The reason is that government is responsible in these process. These investments give us low profits but overall it is a safe way of earning money. But these are the traditional ways of earning money. Now, we can earn money by investing in Bitcoin currency. It is a very unique concept and there is no government that interfere in this method.
the government encourages citizens to invest in their products by spreading fuds on other investment products such as Bitcoin...

the government controls the media and that's what makes them able to market their products at any time, but Bitcoin has a strong loyal community, which the government can't regulate at will.
full member
Activity: 176
Merit: 101
Cryptographic money will be the bedrock in time.
Great educational video discussing fiat impact of crypto on fiat...

https://youtu.be/8x-NW1RdbdA
hero member
Activity: 1302
Merit: 503
I think the reason behind it is they trust it and think that it is the safest investment and they wouldn't get scammed.
They only trust what they believe in and I think when they finally understand and truly known crypto they would start to believe on it too and choose it over government controlled investment.
- However, they are not aware that sometimes the government can also sabotage their comfort, we cannot completely guarantee the purity of this class, cases of abuse and corruption are very much publicized each year in many different countries, moreover, many activities remain undisclosed, the system that people thought was comfortable and safe was full of such dangers. But the government always knows how to put limits on how to make money from us, we can be prey but we are not devoured like in crypto
full member
Activity: 966
Merit: 102
Some people feel that there is more guarantee when it comes to safety and security of investment when it is under the control of government simply because the government is the law. When something happens, anything that actually takes place with the investments, the government has the power to interfere and provide actions, which is both a good and disadvantageous. Government controlled investments may be backed up for security but limitations are also set, and not all governments act in good faith. Any investments, in reality, is risky so practice due diligence.
full member
Activity: 1274
Merit: 115
★Bitvest.io★ Play Plinko or Invest!
I think the reason behind it is they trust it and think that it is the safest investment and they wouldn't get scammed.
They only trust what they believe in and I think when they finally understand and truly known crypto they would start to believe on it too and choose it over government controlled investment.
sr. member
Activity: 1274
Merit: 293
Probably because most government controlled investments are secured and most of them are mandatory like in my country, you need to have some sort of insurance that you need to have so your employers has to put your contributions so basically, you can't escape it if you don't have a job. Although it will be problematic because the people trusts that the funds won't be plundered by their corrupt officials.
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