Topic: Why so many Bitcoin users have fear of governments? - page 3. (Read 1651 times)
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.
Bitcoin users have fear of government because some government do not accept bitcoin, but if you are just a newbie and having a fear it is normal because they are new in this industry. They do not know yet how to overcome their fear.
Some country Government don't support bitcoin.Or another reason could be is that they are just afraid of the huge taxes that will be placed by the government. And lastly there could be a misunderstanding about the role of the government that is why they are thinking too much.
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?
The one main reason why bitcoin users have fear of governments that they are just afraid of the huge taxes that can be placed by the government.I just have some thoughts that the government wont let people to be involved in crypto business.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 users fears government because they might ban cryptocurrencies. For traders who lucked out and made big money. That is a fear of your hard earned money getting taxed. And for bad guys. Fear of getting caught and not being able to launder money.
I think why many users think like that is because of the influence of others. The government only plays a partial role in the cryptocurrency and we shouldn't worry much about it. For the government they'r just doing their jobs which is inconvenient for us at best because they cannot really harm Bitcoin in anyway. We should just focus on our day to day basis in Bitcoin and just make a platform that one day can be accepted by the government.
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?
Maybe because there are certain types of people that utilized bitcoin for evil purposes like illegal trading. Example. Drugs, guns, human trafficking and child pornography who fears the government.
But, i also agree with what you said. Governments are afraid and considered bitcoin as illegal and looked odd and suspicious because they didnt understand how it works. The concept and ways of a decentralized system. That's the reason why other countries forbid the used of Bitcoin.
Mostly bitcoin user's fears that what if government banned bitcoin in their country, if government announce that bitcoin is illegal then it can't be use anymore.
It is not beneficial for governments to completely prohibit bitcoins and cryptocurrencies. It is advantageous for them to impose large tax on all transactions with cryptocurrencies. They need complete control, not a complete ban. 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?
Some people fear government with just cause. Big, bad government has a notorious habit of locking up people who get on the wrong side of the powers that be. Freedom is something everyone cherishes, and it is always better to err on the side of caution.
Because only Government can force that they can ban Bitcoin that many poor people don't have way to be rich from their country. Government shows greedyness to people who need money
easy to understand, BTC and altcoin can replace the role of the banking system. They cant control their transaction. So, that is the main reason to banning of governments.
I think it is not a fear just a form of worry. Now there are already some countries that prohibit the circulation and use of bitcoin. Now that worry that is increasingly appear on the surface, users are increasingly worried about how if the government in the country will do the same. If the government in your country forbids bitcoin as a bitcoin user what can you do? Are not you worried?
Many bitcoin users have fear of the governments, because at first the government does not like bitcoin ,for they do not have the power to govern bitcoin , bitcoin holders are afraid the government might impose strict implementation of ban on bitcoin transaction in industry and other establishments ,stores, restaurants , hotels , this might be woarst thing that will happen againts bitcoin.
Because the government have its authority to ban bitcoin. So many bitcoin users are scared and afraid of that maybe their bitcoins will get lost and their investment will vanished.
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 there are many bitcoin users who are fear that governments to take control over bitcoin because bitcoin is still decentralised in many countries and thus no government is now taking no care over any bitcoin related activities and thus they are free to do any thing with bitcoin because there is no one to keep eye over bitcoin and if bitcoin will be take over by the government then it will impose tax over bitcoin and thus bitcoin will be regulated by the government then no illegal transactions could be carried by bitcoin 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?
In my opinion, there's hope if both parties will accept its policies. We know that the government controls over currency maybe that's the reason why bitcoin users afraid of.
Government and banks are fear of the presence of bitcoin, then users are fear of the government. Will this be a frightening vicious circle? I think the one party and the other side just need to know each other, that's all. If you already understand each other then we will support each other.
Me, as a user of bitcoin. I don't see any reason to have fear in governments. Why? Due to it's very helpful and convenient to us. And I don't see any wrong with there. But for me, the reason why may users have fear of governments because of its illegal way. As we know there are many illegal activities here, and it is mostly known by others who are not using btc. Most bitcoin users have fear in government are the one who use the black side of bitcoin. But for those who are only using bounties, altcoins, etc. There's nothing to be scared about.
Many Bitcoin holders can use it to finance terrorism or money laundry from the Black Market. I’m not saying that everyone is doing this type of things, but there is a possibility that they have been using Bitcoin for types of acts. There must be a way to find out how has purchased any crypto, meaning that we can make a background check on this person. For the moments I have bought AML Bitcoin, they will have the Biometric Identification, this way it will be more transparent about whom is using the coins for.
I think the reason why some BTC users are so afraid in government its because they think that government thought that bitcoin are usually use as a scam just to earn money .
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