Topic: Why so many Bitcoin users have fear of governments? - page 9. (Read 1670 times)
When you begin to understand how blockchain works, you understand that bitcoin is one of the most large-scale inventions of a person along with the Internet. This is something completely new, which is not governed by governments. In the world scale Bitcoin will live vseravno.
yes you will be more fearful with the government because many restrictions are made to try to destroy bitcoin, but traders should not be afraid of the government, bitcoin moves from a very high demand which means bitcoin can not be controlled.
of course you will be frightened when in your country prohibit the use of bitcoin. well, but I am not so afraid of the government on this matter. although there is a warning that the risk is very heavy, in my country, it is still allowed, it's just not to make the means of payment. 
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 fact that a lot of users have HEAVILY invested in bitcoins, there's no doubt that a lot will fear the government's decision in preventing and blocking bitcoin movement and transactions. But I say, the government are powerless. They can't get a grasp of our bitcoins nor the blockchain.
Because Bitcoin will not be monitored by the government, and because Bitcoin's characteristics cause it to be frequently used in illegal activities such as money laundering and illegal trading, this is not Bitcoin's fault, but the government does not think so. People will worry that bitcoin will be banned by the government. People need to use bitcoin and legal currency transactions to have the value of use, because bitcoin has not been widely used, and it is not yet the mainstream circulation currency.
Many people have fear of goverments because its more powerful than everything else they can make any laws regarding to their decision such as banning cryptocurrency if they wanted to. But they can't easily do that way because its very popular nowadays unlike the past years and its form decentralized so they can't attack it.
Fear comes from ignorance. When you do not know, you are disarmed. Therefore, what everyone is afraid of is quite natural
Government is powerful for everything and they can make laws like banning bitcoin if they force to, but unfortunately they cannot easily touch bitcoin system since it is a decentralized form and what they can do is only inject some negatives on media to bring FUD's to everyone and that is the attack they can make, so some people having no enough understanding of bitcoin's way points are easily affected.
yes you will be more fearful with the government because many restrictions are made to try to destroy bitcoin, but traders should not be afraid of the government, bitcoin moves from a very high demand which means bitcoin can not be controlled.
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 we should not affraid with government because if we are following the rule we should be safe. Bitcoin user and government can be same language if government issuing regulation on bitcoin
Many Bitcoin users are afraid of the government because they think the government can do anything that makes Bitcoin crumble. And if in my opinion Bitcoin will not be destroyed by anyone. Because in Bitcoin there is a sophisticated technology that is unlikely that technology will be destroyed simply because of the actions of people who do not like Bitcoin. I'm sure that someday there will be many businesses that accept Bitcoin and Bitcoin to be legal throughout the World.
The bitcoin users are afraid because if the government did not like it and they have agreed to banned it they will banned it in that particular country and you cannot do anything about that because they are the government and they have the power. And what will hapoen to your holdings? Of course you cannot access that anymore because the bitcoins are inaccessible in your country any more. That is why bitcoins people are afraid of to lose all their holdings that they have worked for a long time.
You are right, the government has full power to regulate the policy of bitcoin in the country. Most governments have not received full bitcoin yet, but they can not refuse it, meaning the government sees that bitcoin also benefits as part of technological development. It's just that the government is still worried about its impact if used as a crime tool or can disrupt economic stability.
I think because basically, government and bitcoin users have different perspectives. Users of course support bitcoin while the government is the opposite. The role of a government is an important element of a country. If the government has certain concerns about bitcoin then issue a policy of banning the bitcoin, what can we do? do a demonstration? I think bitcoin users in 1 country are not that much to do demonstration. It's normal for users to be afraid, government has power.
maybe now Bitcoin and Government are at odds but I'm sure someday the government will embrace Bitcoin.
because I believe Bitcoin has a transparent system there is a history of transactions and can not be falsely. then later the government can use the system to be developed in government, financial institutions and Banks.
That is what the user is afraid of a dispute between bitcoin and the government will have an adverse effect on the bitcoin itself. the government could have closed their internet access to sites related to crypto and spread bad news about bitcoin. the government could have done that? of course the impact will adversely affect to the bitcoin price itself. that's what scares me because I believe Bitcoin has a transparent system there is a history of transactions and can not be falsely. then later the government can use the system to be developed in government, financial institutions and Banks.
Bitcoin users are afraid to government because they are the law itself. Either the government will ban the usage of bitcoin or they allow bitcoin to be introduced legally in our institution. Either of the 2, there will be a streak of negativity.
Because the government is super power dude! they can do anything with all the equipment they have. so users are afraid of the government. because the government is very likely to ban bitcoin and exert a tremendous influence on the market and the development of bitcoin. thats why most users want the legality of the government
maybe now Bitcoin and Government are at odds but I'm sure someday the government will embrace Bitcoin.
because I believe Bitcoin has a transparent system there is a history of transactions and can not be falsely. then later the government can use the system to be developed in government, financial institutions and Banks.
because I believe Bitcoin has a transparent system there is a history of transactions and can not be falsely. then later the government can use the system to be developed in government, financial institutions and Banks.
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?
The bitcoin users are afraid because if the government did not like it and they have agreed to banned it they will banned it in that particular country and you cannot do anything about that because they are the government and they have the power. And what will hapoen to your holdings? Of course you cannot access that anymore because the bitcoins are inaccessible in your country any more. That is why bitcoins people are afraid of to lose all their holdings that they have worked for a long time.
Bitcoin users are afraid to government because they are the law itself. Either the government will ban the usage of bitcoin or they allow bitcoin to be introduced legally in our institution. Either of the 2, there will be a streak of negativity.
Fear comes from ignorance. When you do not know, you are disarmed. Therefore, what everyone is afraid of is quite natural
First of all this fear is not only of BTC users but also of the government.Government is afraid of this virtual currency as they can not trace it from where the money is coming or going.They are helpless and they are not in condition to take decision either to allow or ban it.In India , Government has legalized it but on other hand RBI(reserve bank of india) suggest not to trade in this currency as no one can have the record of the transactions.
This unstable position of government threatning the BTC users. They are in hesitation what if they invest in this sector and govenment illegalised it.
This unstable position of government threatning the BTC users. They are in hesitation what if they invest in this sector and govenment illegalised it.
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.
Government have the power to make changes in their country and also to its environment and you are right because that kind of threat is very scary for the users of the bitcoin and also other cryptocurrencies because they might experience a huge loss for their cryptocurrencies if the government ban their cryptocurrency from their country because it will provoke to the market to fall down because of the bad news. So it is a double loss for them. 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.
Government have the power to make changes in their country and also to its environment and you are right because that kind of threat is very scary for the users of the bitcoin and also other cryptocurrencies because they might experience a huge loss for their cryptocurrencies if the government ban their cryptocurrency from their country because it will provoke to the market to fall down because of the bad news. So it is a double loss for them. Jump to: