Why people are comfortable investing in government controlled investments - page 7.

DevilSlayer

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Quote from: milewilda on April 06, 2020, 06:52:18 PM

Security and Insurance.

These are the reasons why do most people prefer on investing in government controlled one since they do know that they can rely into something when theres a problem
but when it comes to risk on losing money then its just the same since theres no safe haven when it comes to this field.

Or

People arent just aware on other investment opportunities which is way more better imho.

It is really because of security, Robert Kiyosaki made a cashflow quadrand explaining that the left side of the quadrandt are the people who seeking security and benefits so they are the people who are investing in government controlled investments while the right side are the people who seeking financial freedom. Those people who seeking securities thought that they can be rich by investing in government controlled investments.

milewilda

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Security and Insurance.

These are the reasons why do most people prefer on investing in government controlled one since they do know that they can rely into something when theres a problem
but when it comes to risk on losing money then its just the same since theres no safe haven when it comes to this field.

Or

People arent just aware on other investment opportunities which is way more better imho.

mrrdewitt

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I’m not sure that Bitcoin is a safe haven. Imagine this situation. The global economy collapsed. Unemployment, there is no food in stores, people in a panic begin to rob stores, etc. How will your 10 bitcoins help you in this case? If you spend this money in order to pre-purchase the necessary for life, then you can survive in such times. I mean, you need to invest in something that is really useful for life, if everything collapses.

And Bitcoin is not very different from other financial instruments. All of this is not reliable, in my opinion.

Jeezy911

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Because you can't get hacked and lose it all, and if you did, you are insured in most cases. Everyone here has a sad crypto story. Still love Bitcoin, but this is reality.

South Park

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Quote from: joinfree on April 01, 2020, 06:29:35 PM

Is because of the safety and insurance that the government investment platforms offer its members. I have seen in my country when a bank goes bankrupt and the government takes over to pay the debt gradually but this only applies to approved banks where the government owns some shares in it. Many people have been deceived by several crypto projects in their ICO and IEO and could not build any solid project. these are the number of projects that i have lost huge amounts of money in MiracleTele, Vivid, CryptAssist, Lympo, Flogmall etc. I can't even count them Huh

While some sort of protection like that exists in most countries the truth is that the governments cannot back every single bank if they begin to fail at the same time, at best they can cover something like 10% of all the funds deposited in those banks if a system failure hits them, and there is no reason to believe that will not happen again at some point, then all of those promises are going to be broken and the people that had their savings there will lose most of the money they spent a life saving when they could have chosen a safer alternative like gold to protect them in the case that were to happen.

Kakmakr

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Quote from: HardFacts on March 30, 2020, 09:38:14 PM

THE REAL QUESTION IS:

Why are people comfortable investing in BitCoin Cheesy

I think it might be because of the no bull$hit attitude that Bitcoin takes on the financial system. We have Corporate shareholders pulling the strings in traditional investments and they are protected by governments. Bitcoin is basically tipping the cow $shit on traditional methods of investing and takes things back to real demand and supply fundamentals.

A lot of people also look at disruptive technologies as a huge potential to make large profits. The digital camera totally destroyed Kodak in the past and it opened up better method of doing things. (Can you imagine if we still had to use film and the time it took to develop that film?) Roll Eyes

Meowth05

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I think the reason that people invest in government controlled investment is that it is safe and it has insurance so if something happens you will still have the assurance that you will not lose your money.

madhavsinghrajput

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There are several reason for people to prefer government controlled investment over crypto market.Trust and safety factors are biggest of them all.But with times fraud rates have not increased people are slowly attracted towards.We all know that rate of money which has been injected in past few years is large.Many countries are and will use bitcoin to tackle inflation and article of coindesk also says soo
https://www.coindesk.com/bitcoins-role-combatting-inflation
Even Forbes believe that bitcoin can be the next gold or even bigger than gold.
https://www.forbes.com/sites/investor/2019/04/16/bitcoin-is-the-new-gold/#76fe088a239a

Sanugarid

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Quote from: Wintersoldier on April 04, 2020, 11:09:41 AM

In my own opinion, people are comfortable investing in government controlled investment because it can be trusted and it is legitimate, unlike in crypto space not all projects are legitimate because most bounty projects in cryptocurrency is a fraud and scams, that is why there are only few people who uses and buys bitcoin.

You have already given the answer that the OP needed, people are more comfortable with government/institutional legitimate investments because it is safe. Cryptocurrencies on the other hand has more risks that contains volatility which the other economists coined it "bubble" because of the movement it does and figuratively speaking it is since it is running under decentralized system and the core is just a speculation. People are afraid of what is uncertain, people are afraid of dark passages and people are afraid in losing their money.

mahilchii

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The major reason I think is because of security and to avoid scams. For example like banks, people don't want to opt for private banks rather they go with their central government associated banks. They don't want to risk their hard earned money in a unsecured banks, The same works here its all about trust how we build with the people's.

Wintersoldier

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In my own opinion, people are comfortable investing in government controlled investment because it can be trusted and it is legitimate, unlike in crypto space not all projects are legitimate because most bounty projects in cryptocurrency is a fraud and scams, that is why there are only few people who uses and buys bitcoin.

wxxyrqa

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I am sure that investors are not attracted to the fact that the government controls certain companies, but that these companies are genuine and not fraudulent. The fact is that there are quite a lot of companies on the cryptocurrency market whose developers stole a lot of funds from investors, but no one found any way to return their stolen funds. If the activity in the cryptocurrency market was subject to certain controls, then investors could return their funds in a judicial proceeding. In real life, any crimes and fraud are punished according to the Criminal law, but in the cryptocurrency market there are still not one scammer who has been punished. And if we talk about bitcoin, then I’m sure that governments have no choice but to fully recognize Bitcoin as a digital asset and means of payment.

tbterryboy

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The government will not do anything to support Bitcoin because they have nothing to do with it, they don't control Bitcoin and nobody controls Bitcoin, it's a decentralized currency. If it was centralized and controlled by a particular government, I guess they might be doing something about.

But, you have to know that Bitcoin doesn't need any support from the government. Right from the beginning it has always been the community that are supporting Bitcoin and not the government, the community built Bitcoin and brought it up to the level it is now, and not the government and I still believe that the government will keep pushing it.

verita1

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BTCitcoin may have more interest after Covid19 for everyone because the collapse of the global economy is inevitable.
At least we are a community that knows about the economic potential that Bitcoin has and we are willing to adopt it as a means of digital money.

Numerous job losses are announced and we are still amid the pandemic. In the short term, there is talk of an effective treatment to combat the virus, the hopes are that we can hear from him soon to get out of the stress in which we live.

Tiews223

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Quote from: Kprawn on March 28, 2020, 05:32:28 AM

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?

People will look at your government as your biggest investor or someone who will have the means to protect the business financially. Another thing is that you know that when the government has control over the business, it will be unlikely that there will be abuse in terms of pricing of the services or the products being produced by that specific corporation.

BuNga_cute

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Actually the reason is very simple why most people are more comfortable and interested in investing in government control.
Because it is safer, and legally recognized by the government. So if something happens with their assets, the government will
be responsible. Despite having to pay a fairly high tax, most investors still feel comfortable. Because they are calm their assets
are safe, although the profit generated is lower than if investing in cryptocurrency. Because we have to invest in cryptocurrency
admit it is very risky.

vella85

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Its all about mind control as the masses are brain washed into thinking that government controlled investments are the best investments however in fact their not, well not anymore as more investments are being devalued daily. Just take a look at bonds nowdays, they are paying hardly anything and another thing that helps keep the market afloat is that most 401k's and retirement funds are all invested into government assets. But there is no guarantee anymore as governments won't be able to bail out banks for much longer and its going to get real ugly in the near future and that's when I think a lot of currency is going to flow into Bitcoin and Alts.

joinfree

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Is because of the safety and insurance that the government investment platforms offer its members. I have seen in my country when a bank goes bankrupt and the government takes over to pay the debt gradually but this only applies to approved banks where the government owns some shares in it. Many people have been deceived by several crypto projects in their ICO and IEO and could not build any solid project. these are the number of projects that i have lost huge amounts of money in MiracleTele, Vivid, CryptAssist, Lympo, Flogmall etc. I can't even count them Huh

South Park

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Quote from: squatter on March 28, 2020, 06:02:49 AM

Quote from: Kprawn on March 28, 2020, 05:32:28 AM

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

Devaluing the dollar is supporting Bitcoin, in a way. Since the 2008 bailouts, our dollars have lost around 20% of their value vs. CPI goods. That alone is an advertisement for a currency with predictable inflation and capped money supply -- let alone after another 2008-like bailout.

This is so true, governments do not really have any way to beat bitcoin, if they do nothing and their economies crash in a fast fashion then people are going to adopt bitcoin really quickly, but if they intervene just as they have done to try to avoid the collapse of the economy by printing money then they are helping bitcoin as well, they may think they are delaying the situation until they find a way to beat bitcoin but they are only delaying the inevitable, bitcoin is going to win this battle and eventually it will be adopted by most people all over the world.

Pixyoxx

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People are comfortable investing in government controlled investment because they think they have surety that their money is safe with the government i myself invest in some government policies but I don't see bitcoin or any other crypto currency as enemy i invest in crypto too but you know that crypto is uncertain well i agree that banks have failed but people still have faith in government thats the only reason people stick to government schemes.

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