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.
Topic: Why so many Bitcoin users have fear of governments? - page 24. (Read 1670 times)
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?
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?
well the government want to control everything.. so.. yes, there's a reason to fear on governments..
because bitcoin users assume that the government that forbids bitcoin is a threat, in the temporary, I think bitcoin users and governments will not find agreement on bitcoin regulation.
despite having the same purpose, namely to improve the economy, but both are like mouse and cats that will never unite.
despite having the same purpose, namely to improve the economy, but both are like mouse and cats that will never unite.
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?
With this feature, Bitcoin will take its place in World History. Bitcoin is creating a new world order. Thanks to Bitcoin, there will be a payment method that is accepted all over the world, but does not belong to any authority. International payment methods will be easier. Go wherever you are in the world, you will see your needs. This is really important. 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 its the other way around, in my country, the government is obviously manipulating the media about bitcoin and the crypto world, they are airing events where people are scammed using bitcoin, but they are not really telling the real deal about cryptocurrency. In my opinion, it is the government who are scared of cryptocurrency, I think the upcoming change brought by the crypto world is gonna be a very big one that the government doesn't know how to cope up.
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?
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 don't feel any fear about the Government, it will actually be an aid to make Bitcoin more recognized and accepted. Regulations are not bad, this will be a good thing for the system specially in this where there were lot of scams coming. Recognition from the government also will help the people to gain trust in investing into it.
Till now we have not heard about a person who cannot use cryptocurrencies due to the government ban. It is same in all the countries. No one can stop people from using something which is decentralized.
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 remember the speaker when I attended seminar this past few months. We are talking about taxation and reform laws where he introduced to us that the government is us. He actually emphasized that the people who are in position are just an official of the government, we select them based on what we think it should be good for us, by the virtue of votes.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?
We should not be scared in the officials of our country specially if we are in a democratic form of government. The mass is the voice and we can be an activist or refirmist against the ruling of the government. If they banned the bitcoin, we can complain to them specially if they did that for their own purpose only and not for the sake of the states/country.
I can fully agree with that. Government is chosen by the people for the people so we are those who elect the government and decide our destiny. If we choose wrong and bad people then we will have the bad situation including those related to cryptocurrencies.
So we have to think on ourselves and in what kind of countries and societies we would like to live in. If we elect prosperous and modern governments they will have also more modern and prosperous approach toward Bitcoin and other cryptocurrencies.
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?
Bitcoin was created with this feature called "anonymity" and that is what I honestly liked about it. I don't fear the government, not at all - but I assume once they take charge to bitcoins, or they have written a law for bitcoin, this feature will vanish. The government fears bitcoin and not the other way around. They fear it because they don't know who uses it (unless you are a fame whore). They fear us because they couldn't tax us, but we make money from global citizens and nobody knows how much we make unless we disclose it. And for the record my friend, bitcoin and the government won't make a perfect couple. 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 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?
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'd argue "fear" is the wrong word. The issue with governments is that nearly all of them have this warped perception of how economies should function. It's all about perpetual growth, which is a sham. There's no rational reason why this should even be a metric used to measure economic success. I could be wrong, but I don't believe it wise to rush into regulation until there's less of a gulf between their ideas and ours. Otherwise we aren't going to agree with their regulations and that won't be conducive to progress. I've emphatically surmised before that they simply aren't ready to see things the way we do and that their past performance in terms of economic regulation isn't something we can overlook.
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
I don't agree with this if they ban Bitcoin it will still continue to grow no matter what happens. Some countries already banned Bitcoin but it didn't have much impact when you look at the price. If Bitcoin becomes illegal worldwide (it won't though just an example) people can still transact offline without the government knowing by exchanging bitcoin wallets/private keys just like how illegal things are being sent and receive.
because government introduces regulation
if I understand correctly, goverment needs to define the bitcoin from the diffrent point of view asa currency.
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?
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 the fear comes from potential for banning or over-regulating Bitcoin. There is so much variation in how countries are approaching cryptocurrencies from taxes to laws about exchanges that it’s hard for the everyday investors to know what the future will hold in terms of regulations. I think it is inevitable that cryptocurrencies will be mainstream and legal, but we don’t know the path to that point.
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 remember the speaker when I attended seminar this past few months. We are talking about taxation and reform laws where he introduced to us that the government is us. He actually emphasized that the people who are in position are just an official of the government, we select them based on what we think it should be good for us, by the virtue of votes.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?
We should not be scared in the officials of our country specially if we are in a democratic form of government. The mass is the voice and we can be an activist or refirmist against the ruling of the government. If they banned the bitcoin, we can complain to them specially if they did that for their own purpose only and not for the sake of the states/country.
Bitcoin has many features. One of them; it is not owned by any center and can not be controlled by a particular structure. With this feature, Bitcoin will take its place in World History. Bitcoin is creating a new world order. Thanks to Bitcoin, there will be a payment method that is accepted all over the world, but does not belong to any authority. International payment methods will be easier. Go wherever you are in the world, you will see your needs. This is really important. The old order is breaking down and the new order will be established. Therefore, governments may be uncomfortable. But that does not change.
Because those who want to have the power will always be. Bitcoin is not well received by these authorities...
Because those who want to have the power will always be. Bitcoin is not well received by these authorities...
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?
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's merely because of trust issues. Bitcoin is innovated due to the flaws and blunders of centralization that is why a decentralized currency is invented in the first place to avoid human error and fraud. The blockchain technology alter this kinds of fraud by using nodes agreement to order transactions. The Bitcoin network orders transaction by putting them together into groups called blocks, each block contains a definite amount of transactions and a link to the previous block. Aside from being transparent it can also prevent double spending and avoid cross border fees.
There are some countries that are legalizing bitcoin despite its decentralized nature. The only thing that they are afraid of is that bitcoin can be used as a vehicle for money laundering. That is why the government really wanted to do KYC on every users in a certain exchange company to provide or atleast monitor illegal transactions.
I think that if they knew that they were using bitcoin they would end up with the government so they were afraid of the government and maybe they did not approve the bitcoin in their country
I think that is more an old sentiment, when Bitcoin first started a lot of users were libertarians wanting to go around being forced to use a government dictated dollar. Now it feels more investors oriented.
yes, many users fear governments because governments banned bitcoin at any time and governments can't control bitcoin over fiat money.
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 was already achieved in some countries and it is starting in others too. for example Japan, Australia, Korea, Germany, Venezuela, and a lot more countries have already adopted bitcoin with open arms. the number of countries that are still defiant to bitcoin is so little and the people in those countries are already doing whatever they want because they are realizing that bitcoin is decentralized and the government can not have a say in it. eventually bitcoin will be accepted all around the world just like any other currency such as US dollar is.
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