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Topic: Why so many Bitcoin users have fear of governments? - page 10. (Read 1670 times)

jr. member
Activity: 36
Merit: 2
What I hope to see is golden mean between regulations and freedom. For example, not so long ago one regulator informed users that one of the ICO's is a potential scam. It didn't ban it, didn't punished, just informed people about a possible threat. I think it's a perfect middle ground.
sr. member
Activity: 686
Merit: 250
One of the biggest threats is the government's decision could have made Bitcoin use banned. It certainly will be very painful because then the price of Bitcoin can decrease drastically and we all experience losses. Government decisions are vital to the development of Bitcoin, therefore Bitcoin users are always very hopeful that Bitcoin can get the right regulation.
member
Activity: 448
Merit: 10
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Some Bitcoin users are afraid of the government because they think that the government can do anything that eventually makes Bitcoin destroyed. But if we can think clearly, Bitcoin will never be destroyed by the government. Because in Bitcoin there is advanced technology that can change the world for the better. I think someday Bitcoin can really help the world economy and be legal everywhere.
newbie
Activity: 224
Merit: 0
They are afraid of govenrnments because government can exterminate bitcoin. But I think government cannot stop bitcoin. They can just make a regulation for it.
member
Activity: 240
Merit: 10
For me, it is because of the power of the government, whenever the government wants to ban bitcoin, they can easily do it. Bitcoin users are afraid if the internet or the usage of bitcoin will be restricted by the government. The government's power is very powerful, the users cannot do anything about it if the government orders to stop the usage of bitcoin... they need to obey it unless they will be in jail. Well, government can really do what they want.
full member
Activity: 476
Merit: 100
I think many bitcoin traders are frightened by the government because the government will destroy the price of bitcoin and kemunkginan also because the government will play a price in the market so that makes a lot of that will lose.
full member
Activity: 882
Merit: 110
the government seems to have no feelings if it has to deal with bitcoin, because the government only makes the authority that disadvantages bitcoin users including one is the ban on cryptocurrency in the country. so that's what bitcoin users are concerned about government policy.
full member
Activity: 383
Merit: 100
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Obvious, most of guys possibly have fear because they dont wnat they funds to be lost, I would fear that mostly, if my country would ban crypto
Many Bitcoin users are afraid of government because government is powerful enough to have a control in Bitcoin. If people will keep on working in cryptocurrency world, government could find it as threat to the economics or banks.
sr. member
Activity: 381
Merit: 250
Obvious, most of guys possibly have fear because they dont wnat they funds to be lost, I would fear that mostly, if my country would ban crypto
newbie
Activity: 76
Merit: 0
the government can destroy bitcoin prices because today many new players are very easy to panic when there is a ban or bad news from the government of course they bitcoin traders are very afraid of the government because they are regulatory traders
newbie
Activity: 168
Merit: 0
Many countries are not ready to adopt crypto currency.People are afraid to lose the one of the good investment and long term investment if government will ban bitcoin.They can totally ban bitcoin in our country then its a big lose for us bitcoin users if its happen. Im also the one whos afraid that bitcoin will gone, because bitcoin is a very big help for us.
member
Activity: 168
Merit: 10
Many people now using bitcoin and the fact that some of bitcoin users afraid to there government. And the reason why it is because maybe their country banned bitcoin or there country is really prohibited not to use bit.
full member
Activity: 1302
Merit: 100
Because governments banned bitcoin and those people use bitcoin, governments consider them as criminals and arrest them.
copper member
Activity: 644
Merit: 1
Because they have not taken their time to study the Blockchain and its importants to society. Many peeps live their lives base on peoples opinion, such people fall into this category.
sr. member
Activity: 630
Merit: 250
In Vietnam a lot of bitcoin users fear the government. This is what makes them nervous. Because the Vietnamese government does not accept this currency. So there is no legal protection of the currency. Players are responsible for themselves.
sr. member
Activity: 381
Merit: 250
The main reason why everyone is so afraid of what can happen with the bitcoin if the government gets to the market is the chance that they would want to regulate it or ban from the use and people will lose a good investment object that has been bringing them some good money.
sr. member
Activity: 1190
Merit: 250
I'm not afraid of the government if one day they are banned in total, as long as there is an exchange like binance or livecoin that can send USD to my account then anything that happens with the government will not have a big impact.
jr. member
Activity: 35
Merit: 1
Because market is too sensitive. Of any bad news comes about any thing even if it's fake market goes down. And if. Government take strict action on Bitcoin so the price will goes too deep. Hence people is afraid of government
newbie
Activity: 112
Merit: 0
Governments realize that bitcoin and cryptocurrencies in general have the power to upset the unfair social order that they want to maintain. That is why they are attacking with threat and ban and all these fake news.
member
Activity: 351
Merit: 11
I can't escape to notice that many users here on forum have terrible rebbelious fear of governments. Like government is some evil devil that will destroy Bitcoin and other cryptocurrencies. But is this realy so, do such claims have any reasonable ground at all?

To my opinion the cause for something like that is again ignorance. I think that regulation that is mentioned in many countries is often mixed with centralization which is something that is not natural to Bitcoin because it's functioning totaly different than fiat currencies. Also some warnings to people that Bitcoin is volatile and risky investment that come from national banks are often interpretated as hostile behaviour towards Bitcoin and attempts to make people not to use it.

Is there any hope that Bitcoin users and governments will find the common language and help Bitcoin together to be more accepted in economy, especialy by businesses and to become more "legal" everywhere?

I think why so many bitcoin users gave fear of governments is because some governments are corrupt and all just want is to get some taxes from the bitcoin users. Maybe they can make policies that can either destroy Bitcoin.
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