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Topic: Why people are comfortable investing in government controlled investments - page 4. (Read 1582 times)

member
Activity: 168
Merit: 19
People are more trustworthy when investing in fiat currency, they feel safer, and the government can be counted on. Once lost, the state can help retrieve it. They trust the government, but not all governments are trustworthy. Some governments have relatively little say. I don’t know if people believe it. Many people will not trust the government. However, whether investing in government holdings or investing in cryptocurrencies is risky. If we want to invest in something, we must first understand it before we plan.
full member
Activity: 1050
Merit: 109
1xBit.. recovered their reputation

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? 
until whenever Bitcoin's decentralized nature will make Bitcoin an eternal enemy of the government
the government desperately wants everything within their control

injecting billions into the bank is already the trick to getting more taxes out of it
Bitcoin is freedom and government is the enemy of freedom itself
full member
Activity: 1190
Merit: 117
Because in the concept of most people, even if the state promises to guarantee the project, even if it fails and goes bankrupt, the state will clean up the mess for them and will not let investors take the risk. This may be a project where many people invest in the country. One of the reasons.

Indeed, one strong reason why many people are more comfortable investing in assets that are under government control and supervision,
because the government guarantees the owner of the asset in case of fraud or the company where the investment goes bankrupt. So they
feel safer, if we look at this side, it is really good what the government has done by providing this guarantee. But the problem is that we as
asset owners have no privacy at all, because we have to submit all personal information. Maybe because there are indeed many frauds
in the investment world, many people are willing to lose their privacy for the sake of the safety of their assets.
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
As decentralized as Bitcoin is which has treatened the stability of most nation's economy we aren't expecting any support what so ever from those countries considering it's de-evaluating their currency and make their economy instable. Lately we have noticed a joint effort from different nation's and individuals causing ba deep in the cryto market trying hard to deevaluate most crypto currency. For this purpose alone it's a clear indication that no matter what plays out in the crypto market the government would never be in full support and since it's decentralized it can always source for it's own way to regain back full value without government endorsement
newbie
Activity: 11
Merit: 1
The reason why the blockchain has become popular in recent years is actually very simple. It is especially easy to make money. Of course, issuing coins does not mean that you do illegal things. In fact, many investors who issue coins are just speculative. You can go and see, all overseas foundations are registered, such as Singapore, the United States, and the United Kingdom. Singapore is the most famous because it is legally compliant in Singapore. It can provide legal opinions and has a clearer policy. , Legal services are better, then we can rest assured to issue coins, because we have overseas registration procedures, so investors want to issue coins, these are not problems! !
newbie
Activity: 20
Merit: 2
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? 
----------------------------------------------------------------------------------------------------------------------

High returns mean high risks, and investment methods under government supervision are relatively safe. The current economic environment is poor, and investment methods such as stock funds under government control do not have good returns. The blame is on other investment methods such as cryptocurrency. I他makes no sense.
jr. member
Activity: 66
Merit: 2
Because in the concept of most people, even if the state promises to guarantee the project, even if it fails and goes bankrupt, the state will clean up the mess for them and will not let investors take the risk. This may be a project where many people invest in the country. One of the reasons.
member
Activity: 182
Merit: 30
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? 

What are you saying, some 7% of the COVID money was used to BUY BTC, this is a fact.

BITCOIN was created by NSA, and designed by IMF-BIS

BITCOIN has been controlled since birth, question is why are people in love with it, oh yep they're getting rich, right, you can't get rich when you HODL, and when you do sell it all goes to ZERO.
member
Activity: 812
Merit: 10
The objective of government organizations is to support people's lives; there are advantages for them someplace, but that's not anything to be concerned about; and when it comes to investments controlled by the government, typical earnings will be modest, but no organization or individual can cause a riot here; the government will remove them; this may be considered to be the paradigma.
member
Activity: 812
Merit: 53
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.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
Simple !!! Because they believe that it is much safer than in any platform and if you are talking about crypto to be their investing option?

well it won't happen for now and will take long time to happen.

But in time when the adoption finally happens in all part of the world , believe me they will take it from here.
It is definitely safer compared to other platforms like the decentralized ones since the government has an insurance that your investment will be safe compared to decentralized platform like bitcoin which is safe but the moment that your account or address gets compromised, then you will have to wait for the inevitable which is the loss of the funds.
member
Activity: 924
Merit: 15
They think that goverment = reliable. Sometimes this is true

But in fact, if we look at the impact of positivity, there are indeed, but government investment also has several shortcomings in several factors such as the business sector compiled by the government as information for potential investors about businesses that are not allowed and various regulations that are not the least, besides that there are several business fields. which is completely closed by the government to foreign investment as well as domestic investment and this is a very unfortunate one. In terms of profit, it is indeed profit, but we cannot determine the profit, which means that all the benefits obtained are the result of being shared with the government.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
Why do people feel comfortable investing in government controlled investments, the answer may be that they prove it by earning 2% a year, with 3% infillation .. those who are used to their government feel comfortable with fiat which has a stable price than bitcoin ,, but in my opinion, I am more interested in bitcoin, because I can control it myself ..
The stance of government organizations are created based on the purpose of supporting people's lives, somewhere there are benefits for themselves but that's not something to care about, and talking about investments that are managed by the government, normal profits will be low but no organization or individual can make a riot here, the government will remove them, this can be said to be the paradise of safety. However, such a comfortable life really does not mean challenge and success, I also like bitcoin due to the difficult challenges it brings, pass will be an infinite portal of glory
Actually the profits won't be low, but inexistent. It's common nowadays to have a fiat investment generating 2% a year against a 3% inflation, like @ropyu1978 said above. It means, officially, that people are losing 1% yearly by putting their money into the called government controlled investments. And I say officially because we know the inflation in real world is considerably higher than what the official numbers say. In practice people are probably losing 2%-3% yearly by investing in fiat traditional fixed income if we take that example in consideration.
hero member
Activity: 1526
Merit: 501
DGbet.fun - Crypto Sportsbook
Why do people feel comfortable investing in government controlled investments, the answer may be that they prove it by earning 2% a year, with 3% infillation .. those who are used to their government feel comfortable with fiat which has a stable price than bitcoin ,, but in my opinion, I am more interested in bitcoin, because I can control it myself ..
The stance of government organizations are created based on the purpose of supporting people's lives, somewhere there are benefits for themselves but that's not something to care about, and talking about investments that are managed by the government, normal profits will be low but no organization or individual can make a riot here, the government will remove them, this can be said to be the paradise of safety. However, such a comfortable life really does not mean challenge and success, I also like bitcoin due to the difficult challenges it brings, pass will be an infinite portal of glory
sr. member
Activity: 1050
Merit: 286
There are many reasons why most of the people prefer investing in government controlled investments instead of investing in crypto. One of which is the fact that crypto, regardless of the fame and the noise it made all over the world, is not yet recognized by everyone already. Also, there are some countries who are not yet considering crypto as a legal currency. Another thing is the fact that they are not knowledgeable enough that's why they choose to stick to the usual since it is too risky entering an investment that you have no idea about. Sooner or later, crypto or bitcoin specifically might end up under the government as they make regulations with regards to the investment in it so it will be best if we would make the most of it while that time hasn't come yet.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
Simple !!! Because they believe that it is much safer than in any platform and if you are talking about crypto to be their investing option?

well it won't happen for now and will take long time to happen.

But in time when the adoption finally happens in all part of the world , believe me they will take it from here.
sr. member
Activity: 1666
Merit: 426
Simply because the people knows that the government can cover a huge security all over of their investments and also the reason behind this is that the government itself also offers a lot of investment platforms that are legal in the law so that people may patronize the government controlled investments. Another thing is that it is more comfortable and efficient to invest on the controlled investments of the government as they feel more secured about it.
legendary
Activity: 2814
Merit: 2472
https://JetCash.com
The government is not interested in protecting the people. It is only interested in re-election, and protecting the interests of its masters. People invest in many government projects that are contrary to their interests. Fiat currencies and central banks are a couple of examples. It isn't just financial investment either. Just look at the numbers of people who are destroying their health by "investing" in pharmaceuticals and related destructive products.
member
Activity: 924
Merit: 15
because some of them began to feel comfortable and did not want to move to new things, especially those related to finances.
some of them may also think about the long term, moreover, the government uses a long-term system so that if you stop in the middle of the road it is like wasting money.
because it is better to continue with an existing one than to start anew.
but it is better if the existing investment in the government is executed and then makes a new plan related to crypto. when both are executed, we can find out the difference in profit and what kind of future we can choose
member
Activity: 182
Merit: 30
I will answer to OP. The dollar is a steady currency. Seriously now, how many times have you seen goverment bans the dollar? 0 times?

I'm new at cryptocurrencies, and I can admit they are too interesting, but they are not steady. If you have 1000BTC, the next day you may have loss a fortune. Why shouldn't I want the steady dollar that everyone wants it? Why should I care that goverment owns it?

The thing that bitcoin is not owned by anyone, is truly amazing tho.

I think the paper USD has bankrupted 3 times, since 1776, and the paper money has changed many times.

Try to cash a confederate Dollar?

It's paper-money, in all human history, average life span of 45 years.

GOV doen't ban, they just make worthless, since 1913 the USD is down 99% in purchasing power.

...

Why care? Because our GOV doesn't represent the people, the GOV is owned by corporations, todays USA is fascism, if you allow the GOV to know what you have, somebody from some agency will come and steal what you have, the entire world operates this way

Hell the cop high-way robbers have name "civil asset forfeiture"

You withdraw big cash from bank, drive home, cop stops you takes your cash, you never see it again, cops get to spend all at xmas party.

The person who knows the private-key for a high-value address is the owner, your last statement shows you need to own & learn about crypto.

The sad thing is most people who buy crypto, don't know that if they don't hold the private key, they don't own it, and IRS-COINBASE prefers to give you an address, and same for nicehash, and all the other scammers runnng the system



depending on the person. but I can understand why people prefer and are comfortable investing in government control.
There are several reasons for that, one of which is that there are still many countries that oppose the existence of bitcoin so that knowledge of bitcoin is reduced and it is very taboo in countries that oppose bitcoin. with their lack of knowledge about bitcoin automatically they will be reluctant and rethink.
the second is that they have been following the investment for a long time. It would be a pity if we had made long-term investments after that it was just dismissed. because most investments controlled by the government are long-term investments

I can only think of unstable country's like Venezuela with hyper-inflation, and there not being an easy cheap way to hold gold. Just like in USA

In ASIA there are gold shops on every corner, every household owns gold, China tinkered with paper money 2,000 years ago and learned it can become worthless overnight, every child in ASIA is taught this, the gov encourages people to own gold.

In the west GOV discourages gold ownership, because the GOV sees citizens as debt-slaves and the corporations want debt-slaves, not free men.

So in a crisis there is no easy way to protect cash, because there is no gold to trade, only worthless paper, this is what happened in Weimar Germany  1918-1921

Much of the selling point of crypto in the west is 'virtual gold', the fools don't realize it can be gone in the morning, sold in ASIA the night before, cashed out for gold.

[moderator's note: consecutive posts merged]
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