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Topic: Why so many Bitcoin users have fear of governments? - page 23. (Read 1670 times)

newbie
Activity: 24
Merit: 0

 Some people love to be completely independent from anything and control, and bitcoins give this freedom. Perhaps for most of them, who decide to take risks and try to succeed in entering this rough and unfamiliar sea the noregulation looks as a potential source of illegal income?
full member
Activity: 854
Merit: 102
PHORE
I think it's not all and there is no law that can be used by bitcoin users unless using a bitcoin does something bad like scams like a bitcoin user or people who do not know bitcoin so others blame the bitcoin scam but it's not true
newbie
Activity: 2
Merit: 0
It is because we afraid,so that bitcoin cant complete turn over because some policy of government it will be corrupt.
sr. member
Activity: 1358
Merit: 261
You know, if you're like a guy who always tunes in to news reports you can actually see that these days bitcoin and alts are gaining more positive rather than thw negatives of bitcoin, this cause would make a big effect to governments, and yes alot of us fear governments because they have the power to close out bitcoin anytime, but with the help of social media and technology I fairly think that the governments would be able to see the good side of  bitcoin and alts, because it can also be a big help to the economy of their country, bitcoin if used in the right way with the partnership between a government could really help boost the economy.
full member
Activity: 714
Merit: 104
I dont understand why some crypto enthusiast's like idea of world without governments, it will be apocalypse - world of full chaos
newbie
Activity: 28
Merit: 0
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.
newbie
Activity: 129
Merit: 0

gosh it must be so wonderful wherever it is that you live. where pray tell is this land that is so completely free from oppression, corruption and incompetence?
member
Activity: 225
Merit: 10
Government issued money or fiat money have a stable price and the increase/decrease of its value is only a little amount. While on bitcoin, its price is randomly increasing/decreasing because it depends on the people that trades it in the digital market or trading sites.
newbie
Activity: 115
Merit: 0
Some corrupt governments just want get some taxes to our bitcoin if they knew we are holding a huge bitcoin on our wallet. so that's why being anonymous is more important so the government will not get our hard earn money.

Maybe that is the one of the reasons why bitcoin users afraid or have fear of government in terms of this kind of coin for investment because we knew that nothing is impossible by the government, if they legalize this im sure they will make and act or laws that they will gain in favor of them, im sure more taxes or fees imposed.
sr. member
Activity: 1148
Merit: 300
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?

Regulation should not be feared by crypto holder. Government will not be able to shut down bitcoin or cryptocurrency because bitcoin or cryptocurrency and if they want to shut down crypto, government should shut down internet in entire world.
Regulation needed because we can avoid from ICOs scam but cryptocurrency not depending on government regulation because its depending community
I believe that government can ban bitcoin. That is why bitcoin user is afraid on it. Bitcoin is amazing but some government ban it because of some negative issue, The bitcoin will directly ban if they want it. So if the government ban it some users will not earn or used bitcoin anymore that is why many people around afraid or have fear on government.
newbie
Activity: 143
Merit: 0
I think somehow government and bitcoin user can meet in middle when the right time comes. In addition to my answer, Bitcoin user is afraid of government because Government has a power to impose rules and policies that will benefit of them, and I'm sure that individual investor will be affected and will suffer as the outcome if government will have a hold and control over bitcoin.
member
Activity: 798
Merit: 10
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?

Regulation should not be feared by crypto holder. Government will not be able to shut down bitcoin or cryptocurrency because bitcoin or cryptocurrency and if they want to shut down crypto, government should shut down internet in entire world.
Regulation needed because we can avoid from ICOs scam but cryptocurrency not depending on government regulation because its depending community
sr. member
Activity: 958
Merit: 265
Because government in any local country are powerful and many corrupt government officials will do anything just to get more money and we're afraid when government  will put some taxes in bitcoins or else they will ban it or directly ban in our country without begging for taxes because govern is like business too not all of government that sits in their positions are just want to help community other else wants to earn more money and to become powerful person Smiley
newbie
Activity: 92
Merit: 0
Governments hold the fate of Bitcoins in their hands, They can make policies that can either destroy Bitcoin or make it better and prosper, if the governments prohibit the use of BTC world wide, it will lose relevance and hence fade off and die, If the governments legalize it then that will be its key to success. The future if BTC depends on the government policies

Yes i agree of this naturally bitcoin users have fear in government in connection to this kind of currencies, because if the said government focus on this and they knew it that a huge amount of money involved here, and if they legalize it i am sure that they will  impose more rules and policies including fees in favor of the government. And im sure that  individual investors will be affected to this, they will suffer also the fees or taxes.
sr. member
Activity: 1358
Merit: 326
They are afraid that there is no guarantee in the future that the use of this will be declare legal or illegal, when it comes to the fact that it is unacceptable to use, all of their tiredness and hardship it will lead to their losses, all those fears will disappear if the government declare it as a legal.
hero member
Activity: 1974
Merit: 502
Vave.com - Crypto Casino
They fear to government because government can banned it and says this is illegal but but the truth is many people become rich, many who feel the benefit of bitcoin can feel afraid to government who control what government want they want to
bitcoin users are scared because they think that the bitcoin will be controlled and regulated by the government and totally will change the system of bitcoin. But i really think that bitcoin will always be decentralized and cannot be changed the system by the government.
newbie
Activity: 43
Merit: 0
They fear to government because government can banned it and says this is illegal but but the truth is many people become rich, many who feel the benefit of bitcoin can feel afraid to government who control what government want they want to
full member
Activity: 434
Merit: 103
Thinking on the higher plane of existence.
in the US we have a private company making our monetary policy - the federal reserve. it sounds like a government agency with the name "federal", but it isnt. nobody who runs it is an elected official, and nobody who is elected appoints anyone. that being said, when you look back to 2008 and see how the bankers literally got away with wrecking the economy... the fear of government, at least in the US, is pretty reasonable. the powers that be are threatened by bitcoin (and other cryptos) because it cannot be run by them...

satoshi nakamoto created bitcoin because of the financial crash, dont forget that.

Yeah, though in different countries there are different ways of coping to a technology. Many people afraid of the government because they can see that the government is against in using cryptocurrency because there people are using it for tax evasion but there are also countries that their government accept cryptocurrency but makes sure that it is only used to earn money and not in illegal activities that is why they imposed regulation guidelines. For me, its still best to check out for yourself whether your government accepts or denies this technology by reading news.
member
Activity: 218
Merit: 10
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?

it is natural people are curious what governments have to say as they could impose some barriers on crypto industry and make it less accessible. However generally speaking, that is not what is happening.

Even though they will put a barrier between bitcoin and its user more people are going to take their chances up and move and find another way of using it to different methods.
sr. member
Activity: 1680
Merit: 262
because the government has stated several times that bitcoin is illegal and will close it. of course bitcoin users who already feel the benefits of bitcoin, are worried. including me. if the government closes the bitcoin, there is no more promising investment land.
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