Bitcoin Forum

In order to understand why the government hates bitcoin we need to understand how money actually works

In the history of the United States, the US dollar has been built on the "silver standard" and the "gold standard,". This means that the value of a dollar was directly tied to the country's silver or gold reserves. This is true in case of all currencies be it the Indian Rupee or The Chinese yen. A more simplified version of understanding this would be that any money you possessed could directly be exchanged for its value in whatever material it was being backed by. This is known as a commodity currency which does not exist in the current economy.

As an example, Lets say that you own a paper currency worth $ 20. Now you can take that paper bill and exchange it for gold or any other material backing it up which had the same $ 20 value.

But in the current economy the world runs on fiat currencies whose value is derived from the government that backs it. Plain and simple, a US dollar has value as legal tender because the US government says it does. Though this system isn't perfect, it has served its purpose for many years.

The government loves fiat currency because it is centralized which means control is also centralized on the production and distribution of their respective fiat currencies via large central banks.

What this means for the banks
They can track the currency's location in bank accounts, dictate its movement, and collect taxes on every financial transaction that includes their currency. This also helps the governments to try and keep their economy healthy by adjusting the amount of money in circulation to try and stimulate Wall Street investors or avoid a financial crisis.

Now why is bitcoin made?

The basic ideology behind Bitcoin is to use a combination of public-key cryptography and peer-to-peer networking to create a virtual analogy of gold,
that is to say, a substance that is scarce and fungible. Satoshi Nakamoto devised did arrange a set of restrictions in order to ensure that bitcoin is not misued to
an extent like the fact that there can only ever be 21 Million bitcoins ever in existence and as time progresses it will become difficult to mine bitcoins.

Nakamoto in 2009 -
.

But is it really that simple

It is not as simple as "The government likes to control and tax the movement of money" that makes them seem evil or greedy. The truth however is that if all currencies are decentralized, who would determines their value?
Bitcoin is only in the virtual form, how can we protect oourself from hackers or technical glitches? These questions are just some of the reasons why there is no telling what the future of cryptocurrencies holds, but it isn't wrong to say that Bitcoin and other cryptocurrencies will not be replacing government-backed fiat currencies any time soon. This however does not mean that there isn't a future where cryptocurrencies will be treated as regulated global currencies. Of course if we include the corrupt institutions, politicians then we can say the government is evil and greedy.

For bitcoin to become truly succesful it must be both a medium of exchange and a reasonably stable store of value.

 

Federal governments have reason to be against bitcoin and decentralization. Digital gold would prevent governments from magically printing money while digging the debt hole. Their actions and transactions will also be transparent thanks to blockchain technology, and they're not always honest. News platforms will be decentralized, decode hidden agendas..Often involving bad propaganda from governments.

I won't disagree with you. But it is not regulated. I am not trying to say that only a regulated currency holds value but when a government backs up bitcoin that would make all the difference in the world. I do agree that there are signs of adoption but they aren't creating the impact required.
I may be wrong but I'm just trying to state my opinion.
After all this is a discussion.

If you think about it the Indian government thinks blockchain is good but bitcoin is evil. The RBI has gone as far as to bane bitcoin for any sort of means of exchange for any commodity or use in the markets.

maybe the government doesn't understand bitcoin, as in my country it's still not permitted / banned on bicoin, but many have played bitcoin in my country, except in some parts the government doesn't know what bitcoin is, and I'm sure sooner or later they will know what it's bitcoin. and immediately permitted

Bitcoin and altcoin are very attractive, the government has not accepted because they do not have the appropriate management plan, it should take some time to Bicoin and altcoin system.

Are you saying that if one nation is implementing the Federal government there is a big chances that they won't accept bitcoin or crytpo to their own territory? As far as I know dude the reason why the government hate it so much, it is because obviously Bitcoin was decentralized while the government is centralize based system concepts.

I agree. Government is not yet ready to take charge on what is going on to the cryptocurrency market. But then they lacks on realizing the potential the bitcoin can give to the world. The government may also be threatened to the things the bitcoin can manage to do.

It is not a matter of governments hate or do not hate bitcoin. It is a matter of the bitcoin itself. How could governments trust bitcoin fully if bitcoin has some significant technical issues that still need to be resolved. One of them is the security of bitcoin. We had heard a lot of hacked exchanges. Remember these coins are virtual and digital. Only if important issues will be resolved, maybe we can see fu support from the governments.

Honesty, accountability and lack of control. A lot of Politicians are scared of transparency. They can't tax crypto either which probably scares them a fair bit

This topic has been negotiated hundreds of times. Governments hate bitcoin because they cannot control cash flow. Many companies launder funds through Bitcoin

One possible reason is that governments hate Bitcoin because they might be the one who created it maybe to be used for funding secret intelligence agencies and they know what it brings to the fiat money when everybody knows it's main purpose but that is just a speculation. One thing is that governments are afraid if Bitcoin will dominate and eliminate fiat money as people nowadays started to adopt and choose a decentralized asset than having centralized one like fiat.

You keep thinking that your government is managing the country and the development of the rules and the financial sector are banks. Since government banks will regulate the flow of money in a country, the bank is where transactions and costs are paid. Bitcoin is very modern and Blockchain technology saves a lot in the transaction of convenience if Bitcoin to develop too government will be difficult to manage cash flow and banks will become should be useless

They simply don't have power over bitcoin, that's why they hate it. They 'like to control and tax the movement of money' together with the banks, and because of that the emergence of bitcoin seems to be defeating their agenda. People can take their money and assets in bitcoin and the governments can't do something about it. This diminishes their control over people who wanted to deviate from their state-issued currency and just hoard their money somewhere else. To combat this, regulations are created to possibly 'limit' the amount of people taking their interest towards the said crypto (see India for example.)

At the end of the day, the government simply wants to establish their control over their land, and to do this, the gold standard was ditched, introduced fiat currency and made their citizens use the said money to ensure that everything is within their power. Money easily controls the mind of people, and the government have done this perfectly on the introduction of the fiat system and their crazy taxation system.

there are many reasons why the government hates bitcoin, according to my version:
1. the presence of bitcoin can threaten the existence of local currencies, and can damage the financial system.
2. Sometimes, bitcoin used for black market transactions.
3. Bitcoin can be used for money laundering
4. bitcoin is anonymous, so it will be difficult to track.
5. Bitcoin transactions are tax free.

In fact, once these problems are resolved, Bitcoin will receive a green light. The main problem is anonymity! As only Bitcoin owners come out of the shadows, governments will accept Bitcoin as an alternative currency, which in the future will spread along with fiat.

Government hate bitcoin mainly because they can not control it. Bitcoin decentralised nature is one of the biggest reasons behind this topic. Many government doesn't wants something in their country in which they have no control. According to some countries bitcoin affects their country economy by its volatile nature. And also affects the country economy by affect their bank profits and national currency. Bitcoin user does not pay tax and this thing also affects an country economy.

I think the feeling is not the hate, it is fear. The goverments and the bank doesn't know how to act against the cryptocurrency.. That's why they act weird like this. I belive that the goverments will find new taxing system for cryptos and all the problems would solve that time.

According to me, government not like bitcoin. Cause they can't control it. It is decentralized and that's why people can do illegal transactions very easily. That's why government need to do something good to solve this type of problems.

I think the assumption of hatred of bitcoin is due to the issue of small issues that are constantly developing. initially bitcoin was expected only as an alternative but the potential of this cryptocurrency turned out to be very influential, so some groups might start a little uncomfortable with this

Bitcoin is not yet stable in its price, which is rapidly changing and governments cannot come up with an application for it.

I think government hate bitcoin because there is no kegal agreement between government and bitcoin. But when we look on the other side bitcoin can help unemployed people and lessen the unemployment and reduce poverty in the country which is the number one problem in every country. On my own opinion government hate bitcoin even it is more profitable rather than any livelyhood project that they conduct is because bitcoin is a non taxable income. So they dont have any income or rebate even the people are continouslly working. I hope government will open their mind to deal something that helps people to imorove their life like in dealing with bitcoin.

It is because bitcoin has its own rules and regulations. No one can control its price in the market. Bitcoin was volatile and government hate it because they know that even them they cannot manage its price. Maybe if bitcoin become legal government will like it. Government soon will find how helpful bitcoin is especially in one economy.

they not hate bitcoin, they haven't role for change decentralization for implementation on economic goverment

because they dont have access in the bitcoin, its not like the bank, if something happen in the bank, they can trace the problem in the bank, how about the bitcoin and cryptocurrency? they can't do that

The bitcoin wasn't created as an alternative to Fiat,it wasn't created by the government as a substitute to Fiat,neither was it tipped to succeed Fiat now,or even in the future

Satoshi nakatomi's creation was simple,and that is to put control in the hands of the individuals that operate on this system,a system were the price/value hinges on the supply/demand of the currency...He never created it to obliterate Fiat, how's that even possible,every single person in this forum uses banks/Fiat..

Some Government are simply cracking down on the system due to its vulnerability to fraud/scam...
While others are simply warning their citizens to trade with caution on the system,as any loss would definitely be irretrievable

I don't see anything wrong in that

I think why the government hates Bitcoin and does not legalize bitcoin like in my country because the government basically wants its people not to experience fraud due to crypto, but in my opinion Bitcoin if not legalized in my country I will not complain. Because bitcoin can be accessed via the internet, it can be anywhere and anytime without anyone arranging.

Many governments have expressed concern that they will undermine the market. Once the bitcoin develops, the government loses control over the domestic financial system

one of them might be as you say,
but in some countries, the reason the government hates bittcoin is because bitcoin can be a criminal place that is very difficult for the government to handle.

Indeed, the government has not been able to control bitcoin exchanges so the government is less fond of the presence of btcoin. This decentralized and fluctuating nature makes it difficult for the government to regulate it, so the government does not want to take risks that occur and appear to hate.

Thank you so much. This have helped me to understand on why the government hates bitcoin.  :)

not everything like that. someone likes someone who doesn't like it.

There are so many reasons why the government hates cryptocurrencies. First is the credibility of bitcoin, others think that coins such as bitcoin and altcoin and others can't be reliable because of their volatility, they think of the stability of the price based on the article that I have read. Second is the common issues of hackers. They feel unsafe about this  but they do not know that security and safety of your wallet relies on our selves. And lastly, the possibility of underground transactions. They are afraid of it because there are cases known that other manipulators use the cryptoworld to do such illegal things.

When the government pushes people to the edge what else can you expect. I have just made a post on RBI arresting the co-founder of UNOCoin because UNOCoin had set up an ATM in India. But the thing is it was not even operational. It was in the final testing phase and the ATM did not use any banking gateway. This means they did not actually violate any rules.

The RBI is bullying. This can actually boost illegal activities using bitcoin or other cryptocurrencies.

It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen.  If you use bitcoin, you are trusting your money to a complex system you don’t understand, people you know nothing about, and an environment where you have no legal recourse. In the traditional world of investing, this would raise enough red flags to make it a bad idea. On the other hand, the European Central Bank reports that Bitcoin is just one of over 500 digital currencies now in circulation around the world. Even it Bitcoin ultimately fails or is relegated a minor role on the world stage, one of its successors could radically alter the way the world thinks of currency.

using bitcoin as a criminal is one reason some governments hate bitcoin, but there are many other reasons why some governments cannot accept bitcoin, and I hope that other bitcoin and cryptocurrency users don't use it as a crime, so that bitcoin and  money crypto other will grow well in the future.

Do not understand also about this why the government hates bitcoin may be because bitcoin is considered not good because it can plunge people because of its fluctuating nature, but bitcoin is now widely known and even more people are investing in bitcoin

Government hates bitcoin because when you exchange it in a real money or i mean when you withdraw it, it has a same amount. there is no tax reduced from the money. it is exactly the same amount. that why government hate it because they can't get anything from it. i guess.

On the blockchain everything is open, you can see the income of all. Imagine how corrupt politicians will take bribes)?

Hello,

Countries don't like bitcoin because they fear about it. It is the opposite of their way to proceed. They could not control as it is decentralized, they could not for the moment benefit from the potential because fees could not be control by them and like a lot of evolution and technologies they don't like changes. Best for them is keep the economy and furthermore life like it is to continu to keep to have the hand on people life and money.

It seems that the government does not hate crypto only cannot regulate and control it. The government is afraid that its people will fall into poverty because there is no law that can guarantee in the future. Indeed, the government's concern can be traced and this does not need to make us dizzy, follow the crypto market channel and also pay attention to government concerns.

Maybe that is 1 reason, but government is not really that bad if only think about money. They have some reason maybe to make bitcoin illegal, or maybe not regulated in their country. Each country maybe have reason to do that.

 The main mission of Bitcoin was the idea of ​​returning full control over their financial assets to ordinary people, however, this goes against the plans of the “powerful”. Every 5-7 years, there are financial crises and the banks, as if nothing had happened, resorted to the financial assistance of the state (and this is our money with you - the money of ordinary taxpayers). Bitcoin can deprive banks and governments of such enrichment methods at the expense of ordinary citizens, ensuring full control of the latter over their funds and becoming a kind of “refuge” for people from financial crises and “legal” withdrawal of funds.
 Bitcoin has not yet been adopted, because the rulers are afraid of losing control over people.

I think that the main reason why governments hate Bitcoin so much, it's because Bitcoin poses a threat to their traditional economic system. Compared with Fiat, 1 Bitcoin is much more valuable than 1 Dollar, 1 Euro, 1 Yen, and so on. It's the world's most valuable currency to date, and a decentralized system for anyone to use at will. Given the benefits blockchain technology provides, it's no wonder why governments and banks have working together to destroy Bitcoin at all costs.

Their main excuse is that Bitcoin provides an open road for money launderers to conduct their illegal activities. However, that's not usually the case, since criminals prefer to use more Fiat than Bitcoin to do money laundering because Fiat is Fungible. With Bitcoin, every transaction can be easily tracked and audited via the blockchain, which makes the authorities’ work much easier. However, despite this reality, most governments want to simply ban Bitcoin usage within their region. On the other hand, there are other governments which have reacted in a friendly manner to Bitcoin and other cryptocurrencies. The US Government is one of them, which has recognized Bitcoin as a legitimate cryptocurrency for day-to-day transactions.

In some US states, it's already accepted as a currency that you could use to pay your taxes, which means that the US see Bitcoin more as a benefit to them than a real threat. Therefore, the reasons why governments hate Bitcoin are obvious, since Bitcoin is an alternative currency free from middleman. Unless, Bitcoin becomes extremely popular and adopted in the mainstream world, there will still exist governments that are against the original cryptocurrency. :)

because they are afraid. if people prefer to choose to invest and transactions using bitcoin bro. than investing in a Bank. and transact using paper currency ..

Different government different issues and agenda with bitcoin and because of this they ban it in their country. Some government doesn't want some outside currency in their country in which they have no control. And Because of decentralised nature bitcoin is out of the regulations of  government. And this is one of the main reasons behind this. Another reason is tax. Because of its digital in nature its user does not pay tax to their government and this thing ultimately affects the country economy in a negative way and because of this also many government ban it in their country.

Because Bitcoin grows freely and there is no law that can control it while popular use is risky for the economy of government is managing.

If you will ask me why does the government hate bitcoin, as stated above maybe they do not understand bitcoin yes that is one of the reason and I think it is also because of some illegal activities using bitcoin and other cryptocurrency. As of now, I think Bitcoin is in discussion in every government meetings. Some countries who banned bitcoin is just want to avoid illegal activities that has a connection to it and to avoid their citizen to used it.

Hopefully in the future, many countries will believe and understand bitcoin as we do because even though it is decentralized still it can really help us to improved the economy of one country by using it properly.

i  think   government   hate   bitcoin  because  they  think  that  they  are  going  to   be  decentralized  and  they  are  not  going  to  be  progressed  anymore.

Because the government is afraid of everything new, they do not understand its power and what independence from world currencies can lead to. But not all governments are afraid some are happy to meet him and understand that his future !

Yes one the reasons government hate bitcoin is due to the fact that government can not control bitcoin and again since bitcoin is decentralized it very hard or impossible for the government to control or get involved in it activities, the government since it in total control of the fait paper money will never support bitcoin because bitcoin offer it users the total freedom over the financial transactions which do away with any third party involvement.

There are many reasons are present due to that most of the countries government does allow permission on bitcoin legislation or they use to hate bitcoin. They think terrorist use it for weapons buying or people use it for money laundering or many illegal activities has become possible due to use of bitcoin.

Governments do understand Bitcoin, which is exactly why they are so afraid of it. I don't think we should wait for the government to reconsider its stance on Bitcoin, but start doing things on our own.

Bitcoin allows basically anyone to use it without asking for permission, and here we are still waiting for daddy government to approve something we definitely don't need their approval for. We really have that power now.

Another thing is that governments will tokenize their fiat currencies, so what do they need Bitcoin for? Their tokenized fiat has nearly all the benefits of Bitcoin, plus it's completely controlled by them.

Yes government think that it is used for eligal transactions. And also they can't get taxes in bitcoin, thats's why they hate bitcoin.

Exactly, transparency and taxation can be a big thing to be consider for a politicians and they really hate this one because of that. Government keep on discouraging people to invest in cryptocurrency because they said, its too risky to put money in cryptomarket but in reality they are preventing people from realising how good this market is.

Later on, government will be no more choices but to adapt this technology and this will happen around the world. Cryptocurrency will still become a big factor in a world financial system.

Not all government of every  country are hated bitcoin as currency
United States of America aren't hate bitcoin as new decentralized currency
But united state want bitcoin become centralized as regulated currency for the safety of the hodler's economy
Supposedly bitcoin is a new gold came from the new technology

This time  the government is so hesitant to adopt because of the different platform bitcoin and crypto currency had, but later on time the government some governments will adopt because it will become a norms and many countries  will also adopt it.

ye, it's really simple. we all determine the value of bitcoin, trade, investment, even every transaction, then it creates volatility, and we take profit from volatility.

precisely, with decentralized, and not controlled by authority, bitcoin becomes very safe from hacking. hackers might be able to go to see each transaction block, but, they cannot to solve each block puzzle.

In my country bitcoin is still not permitted / banned, but many have played bitcoin in my country, but I'm sure sooner or later they will know what bitcoin is. hopefully next year bitcoin is not banned.

Bitcoin purpose was not created to defeat the idea of using fiat currency but as a peer to peer transactions over the internet, but now government is afraid it might get out of hand to compete with the fiat currency which he uses to control the masses. Hence the hate of bitcoin by the government.

Very many titled economists have serious hostility to bitcoin. Whenever such an economist talks about bitcoin, he always finds something negative to say. Some of these experts say that cryptocurrency has no future at all, while others claim that it is pure evil. It's simple!  ;) According to them, cryptocurrencies interfere with the work of the government to regulate the currency in order to ensure greater stability for the economy. They also clearly believe that the government should be able to decide what is legal and illegal. In other words, these economists would like the government to be able to fully regulate the economy, and they see bitcoin as a possible threat to this philosophy.   :-\

The fact that Bitcoin is decentralized is something that annoys the govs. But I wouldn't say they hate Bitcoin because I am pretty sure that the government has found a way to have a slight of hand on BTC and one example is setting regulations. I am pretty sure that they have found a way to make BTC beneficial for them. BTC generates huge amount of money in the crypto market. And the govs will surely not pass by the opportunity of getting some of that pool of money. I wouldn't be surprised if the government is one of the whales! So I really don't see any reason for the government to be hating BTC.

It is not hate, governments in general do not like it because they feel they could lose control of the economy if they allow cryptocurrencies to evolve without any supervision and in a way they are right so I understand their desire for control, but cryptocurrencies are not going to be easy to regulate at all and many people are going to resist the attempts of the governments to do it.

I think is very important to understand te money is only backed by the confidence that exists towards a government, and the people dont know that. We use fiat currency because it is the only we know, and we dont have any alternative.

For sure they know what Bitcoin and other cryptocurrencies are it is just that your government might not want that certain cryptos to circulate your country for some reason and it might be a good thing for your country.

If they ban it, I think it is not just for their convenience but also for the better good of the people and the country. There are a lot of reasons why these governments banned Bitcoin, you can look at this site the countries that banned Bitcoin and also the reason they did so. Some of them is the reason of a typical government but some are things I do understand. http://innov8tiv.com (http://innov8tiv.com/list-of-countries-where-bitcoin-is-banned/).

Actually we all known that everythings that happening in one country is handled by the government and their are formed just to manage the whole country to have a better economy they are the right to handled, controls and  make decisions when it comes to the things that related to our economics issues and maybe this is also the reasons why they don't agree to implement bitcoin in their countries. The government wanted to control bitcoin system which is they can't be done because bitcoin system built with a decentralized platform and nothing can control to it. We can make any transactions in anywhere and anytime we wanted without the permission of our government or any third party and this flow of system are really  objectable by the government because they don't have the right to control it.

Crypto currency technology is very interesting. The central government in some countries does not not recognize the existence of Bitcoin because they are not ready to manage it, their economy is still centered on the conventional currency of fiat currencies which they have managed for a long time. Because this digital currency technology can indeed be said to be new, it takes enough time for the government in several countries to be able to recognize the existence of Bitcoin as fully as possible.

Exactly. I'm sure that most politicians would do everything to ensure that doesn't happen. But at the end of the day you can only delay the inevitable.

I do agree with you. But at the same time there is a larger concern that bitcoin is not completely understood and what people don't understand they hesitate to adopt. The larger picture however is that this could help curb corruption and that means lesser money in many pockets. Just my personal opinion.

If something is regulated wouldn't the corruption be reduced. I mean it is pathetic that a government is the one who regulates the country but if the government is corrupt then everything else fails. But if the entire country is involved and allowed to view everything which as bitcoin stands for means an open ledger then these kind of illegal activities could very well be reduced significantly.

It takes more than 1 paragraph to discuss this thing bur actually it is all about tax. Government likely get a tax tp anything but in bitcoin they can't,  that's it.

As far where I am living, I do not agree that the government hate bitcoin.

My country is cryptocurrency friendly since my country welcome its technology.  As a matter of fact my country, Philippines, considered Bitcoin as mode of payment and welcome any legal development about bitcoin application.  As a matter of fact, our government allow cryptocurrency trading in my country and is open for further collaboration about blockchain technology.


They can if it enters an exchange, and/or used to purchase an item legally (setup by merchants).

The corrupt government have a reason to hate Bitcoin and the reason is quite simple : Control

A lot of these governments have full control over their local Fiat currency, because they can control and manipulate it's value and they can control people. <Yes, Governments control Banks and Banks control your money>

The moment when you start using a currency that they cannot control, they find reasons to ban it. They can even stop your money from leaving the country, if they wanted to do that.  >:(

If you think about it maybe the intention for starting something like this was to ensure there was no financial crisis and help regulate the economy to avoid volatility. There have been several cases like the Kingfisher case. But as always greed took over and this power started to be abused. Maybe the government is not entirely corrupt but it is neither entirely pure. So some portion of the government might help bring about the change to an economy where bitcoin becomes regulated. It's a hope for a better future.

The government is just not friendly with bitcoin, not hate, I think bitcoin cannot be controlled and anonymously, so there is no tax payment for the government. This respects the government in development, even though the government can be neutral when looking at its benefits.

Government want to have control over bitcoin but failed to understand that bitcoin is not design that way but I want to believe that with time government will understand the nature of bitcoin and accept it the way it is made

It's true that the government does not have control over bitcoin and makes bitcoin unable to move to overcome this, but the government will certainly be able to benefit from bitcoin. And one day the government will accept bitcoin because it cannot be banned and stopped.

I think the government hates bitcoin because it's a transparent thing that can not hold or control independence. The government always wants to control the currency to ensure its safety and dominance, and it is also tax related that these transactions have not yet been taxed. The security of information sent and received is also a reason governments fear inflation

It is simple, because with the advantages of bitcoin, people will not use banks anymore. But the fact is that, the government need money from taxing in the banks. I think that is the reason why the government always want to destroy bitcoin.

The government hates Bitcoin, because it is a decentralized economic system.The government can not impose any taxes on it.Also, the government can not recognize it because it is anonymous, which is why the government thinks it sometimes turns into a black market. Probably for all these reasons,the government hates Bitcoin.

For that simple fact that bitcoin is decentralized which made it impossible for the government to lay their hands on taxing every satoshi that moves inside the blockchain they will resist it and do all they can to control it but where they fail they will destroy it. Government raise their money through the citizens which money the good government will use to develop the infrastructural activities, provide health care and quality educational system that will work. But the corruption ridden government will be feeding on the money without doing anything.

does a country's government hate bitcoin? As far as I know, the situation is not as bad as you mentioned, they only keep the people from losing money if they join the world of crypto currencies including bitcoin.
this is only an attempt by the government to care about the people and the economy of their country.

You don't want to underestimate the power of control. You see governments peg prices of their currencies and they can manipulate it at will as long as they own control over the creation  of new notes and fiat. So introducing decentralization means yanking out that hold they have over their currency so that it becomes almost impossible for them to manipulate it at will. Governments will continue to fight against bitcoin and crypto until they can find a way to exercise power and control over it through regulations

Bitcoin and governments two opposite factors in cryptocurrencies world because some countries governments don't control bitcoins over their fiat money.and their banking systems also don't control virtual currency.

I am more convinced of the reason they reject bitcoin because bitcoin does not provide any income to the government. whereas in fact bitcoin is very beneficial to the government.

i think the government doesnt hate it its the fed the banks the elites the oligarchs hate it, government just want to regulate bitcoin to protect the people from scams and fraud, thats it

I disagree that all governments hate bitcoin. There are countries where bitcoin is loved. Some governments are afraid of btc because btc can replace national currency and bitcoin cannot be controlled by only one country or group of countries. Bitcoin is a world heritage))

if in my opinion what you say is wrong if you join the crypto world like bitcoin it can get rid of money, because in any investment or trading anything there is a certain risk but if bitcoin is indeed a big risk but the results will also be large. so what is feared by the government is that if bitcoin is legalized it will be a lot of unscrupulous individuals who purge state money in bitcoin

Many countries are worried because crypto has very high fluctuations so that it can create economic chaos in their country.
whereas if there is a regulation that regulates crypto, I am optimistic that crypto will have stability.
At present the crypto world needs support from the government and when there is no support from the government, crypto will not develop much better.

The government hate bitcoin because they see it as not a legal currency, they also have the fear that it will over throw fiat currency and bitcoin holders can, t be tax.

Goverment hate bitcoin because they thinks if bitcoin permit in there country there currency will fall down for it.
They also thinks lot's of people will involbed with bitcoin crypto currency and they don't use there local currency in there work. that's why they face a large problem .When people use bitcoin like there local currency they don't have to give any fees of any transection to the government.It's not controlled by any contry , because bitcoin belongs world wide,thank you.

I think that the main reason for being in their stupidity and not wanting to make this world a better place. They, like other people, are simply afraid of what they do not understand.

There are so many reasons why the government hate or frowns at Bitcoin and cryptocurrency in general but the main reason is that they know it is going to has a great future and they don't have control over it since its decentralized. 

Those people hating the coins are the people who trade in high quantities. The government or people in government are buying BTC but will tell people not to invest into it. I think the reason why they are doing that is because of its decentralized nature.

I don't think that hate is the wrong word i would say that they are afraid that btc will replace the standard money system and they will have to adjust to new changes. i think with time they will adjust to btc

Some governments do not accept BTC but others do. I think those who do not accept is has seen that it has not centre man and therefore they will get nothing from it that why they are taking that steps against it.

because bitcoin was born from someone who was made not from the government that for bitcoin wanted to make it easier to work and earn a living how not to go through government departments and satoshi develops and when this happens the government doesn't like it because the jealousy of bitcoin is growing every year and maybe it could be a government loss and at that time the government hated bitcoin in my opinion so much and thank you

they cannot track every transaction and cannot tax
FYI tax is one of the income of each country
that's why the government does not want to lose one of the country's revenues
and always against bitcoin

They not really hate Bitcoin, Some countries are not yet ready for adopting it , that is why they are not using it, and they don't have enough knowledge on blockchain they are just protecting their people to avoid being scam, if they have enough knowledge for it then I'm sure that they will adopt the bitcoin and if they know it will help the economy of their country.

Bitcoin and fiat currency should collaborate in order for them to work effectively and i don't agree with that point where we would replace fiat with a one global currency which is bitcoin.

Decentralized and centralized is too far different to explain why these two should not be replaced they should both work as a centralized but decentralized money, so that it could work effectively to all of the country.

But things like this doesn't always go easily as it is just a plan and it will need someone who can push it to the top of the market.

That's because regulations for the use of bitcoin are not made, so many people are afraid to do bitcoin transactions. Maybe there should be a school that focuses on learning about blockchain.

Maybe all you have mention here are true of why some government hate Bitcoin but the good thing is not all government hate Bitcoin but most of them supported Bitcoin like USA, Japan, France, Germany and many more. Only few of the nations are against it in which mostly belong to the poor countries that they are blind to see the real benefits of Bitcoin currency.

I think it's all about controlling problem because bitcoin and other cryptocurrency are decentralized. The government and the central bank won't take the charge to control bitcoin. Bitcoin is anonymous and its popularity is high it follows peer to peer transaction system. Actually, the government cannot realize the value of bitcoin.

I believe so, it's not that they hate bitcoin but they cannot control it. May be for now but I believe that someday government will be able to find out on how to manage bitcoin in the safest way.

i think with more and more countries using it, the volume of bitcoin will spread so that it is difficult to monopolize a group. but if government wants to regulate it fully, i think this is a dilemma

For many governments bitcoin is a challenge and if they not give proper care to crypto the bitcoin importance is clear to the world but due to rigid policies from various countries government and bitcoin is not only coin but it is a complete world in their own and later or sooner all countries will welcome this virtual currency for trade.

For the sake of the contrary, many people use Bitcoin to use money laundering, arms trading, and Bitcoin as a tool for planners.

The government hates bitcoin because bitcoin can threaten to bank and there are some predictions  that bitcoin will  destroy bank in the future. Just what i think, bitcoin is used widely and people will not use bank anymore.

In my country, the government does not hate bitcoin, my state bank prohibits bitcoin from being used as payment transactions. Banks in my country assume that bitcoin is a bubble, but in my country anyone can have bitcoin as long as it's not used as a payment transaction.

maybe because this bitcoin has very sophisticated technology and maybe also because bitcoin transactions can be seen by many people so that it will cause the government to be afraid of not being able to commit crimes like corruption again.

Yes, that is the main reason why the government still has not determined its attitude towards the circulation of Bitcoin. The fact is that Bitcoin cannot be controlled and there could be economic chaos in a country when the price of Bitcoin changes significantly. But please note that Bitcoin has many benefits, we admit that with Bitcoin now all financial transactions can be done much faster, easier and safer.

Are you sure that the governments really hate bitcoin? What if one of them also using bitcoin and we don't know about it, but maybe other governments really hate it maybe because they can't get TAX from bitcoin.

my reason is very easy and very simple bro.
1. because they fear people are increasingly investing in the digital world of bitcoin. than investing in a Bank.
2. the price cannot be predicted by anyone.
3. Can not be controlled by anyone
4. If there is a loss we cannot catch the person who stole it.

Governments dont hate bitcoins, theyre just having a second thought before investing to the cryptocurrency because of unstable price of it.

They are just thinking on how to regulate properly and what will the benefit to the people and how to protect the investors.

i   think  the  reason  and the  most  logical  think   according  to  me  is  because of  the  banks people  are  not  using  them  anymore   and  goverrnment  has  to  gain  form  the  taxes  of  banks  .

I believe Bitcoin will not totally replace fiat currency. Bitcoin will be added as a currency that will be an alternative to those who don't like to use fiat currency. Don't expect that the government will give in and let cryptocurrency replace fiat currency.

In my own opinion regarding the matter if why government hates bitcoin is preferably because bitcoin makes the banking system looks irrelevant because people can now be able to send large amount of money in any part of the world with anonymity in a very minimal fee avoiding taxes which the bank always imposed.

The government feels frightened about this. I also admit that this is the main reason why the government has slowed the development of bitcoin. if bitcoin is used widely, of course this can reduce government tax revenue. while on the one hand that the community certainly wants to get the best service and avoid paying increasingly large taxes.

because it might damage the currency in the real world and the government has erased in some countries to avoid the rupture of currencies in the real world.

It is very interesting to read new  thoughts about seemingly very easy topic. We can divide all the money operations on three kinds (just as we divide salaries): black, grey and white. So such thing as bitcoin gives you an opportunity to make transaction of any color, because system simply don't care about it and does everything anonymously. Without knowing where is "bad" and where is "good" government can not take any actions. And it just drives government officials crazy.

in my opinion, the government hates bitcoin and crypto because a lot of hoaxes are biting bitcoin and crypto in the sense of playing gambling. but actually if the government knows that bitcoin is actually possible bitcoin will no longer be hated.

They hate it because its decentralize and cannot control it..its not like a bank thatis a centralize that they can control.

Because they're did not contorl Bitcoin and not get any fees hope this is the main reason for the avoid Bitcoin (crypto) world.but larger (developments) countries government understand Bitcoin and quickly getting accepted in bitcoin.i have believe in Bitcoin it will cross over the world and every country will going to accept.

because they haven't learned Bitcoin and it's still a new technology, they cannot have control of Bitcoin and they are very afraid money laundering, terrorist funding or fraud investments growing rapidly if Bitcoin remains. I think this has been discussed several times  :D

Yes this topic has been discussed many times and terrorist funding and fraud investment are just a lame excuse which is given by government as there were terrorist attack before the emergence of bitcoin and the real l\reason why they hate bitcoin is because they cannot control the money and they will lose the money which is under their control.

I don't think that the government really hates crypto but the relationships are not easy. I think that it is better to invest in btc now until the price rises because soon it will become higher

Yes i also think that government are afraid from bitcoin and they doesn't want to accept this currency but actually bitcoin is a most beneficial currency for everyone and that's why government should improve this currency for their citizen because everyone wants some extra income in their life and that's why bitcoin can make everything possible. 

Bitcoin decentralised nature is one of the biggest reasons behind this topic.

Many government doesn't wants something in their country in which they have no control.

According to some countries bitcoin affects their country economy by its volatile nature.

And also affects the country economy by affect their bank profits and national currency.

Bitcoin user does not pay tax and this thing also affects an country economy.

Governments do not like bitcoin because it is a democratic and decentralized source of investment and that they cannot control

I don't have exact reason why government hate bitcoin. I think the term hate is  not the right term to use. Maybe there are part that government dont like. Its up to us what to know about it.

I think the government just does not like it, not because it is a bit of a business investment that is not government-run and they are afraid of investing for their people.

The government does not like bitcoin probably because the reason bitcoin cannot be controlled so they are afraid that bitcoin will disrupt their country's economy in the future, therefore they choose to ban using bitcoin so there is no unwanted risk.

I oppose. I believe governments know what cryptocurrency is particularly the bitcoin because in that institutions there are economist, IT professionals, consultants, and so on that might be aware to its existence. They just not infavor to it maybe because they don't have faith in it. Also, it can be use as a tool to scam others and the transaction hereis so easy and you can go unknown (as what most people here say).

the government seems unable to sympathize with bitcoin, only a few countries have given a positive signal to bitcoin. At present the government in some countries is still silent and tends not to sympathize with bitcoin because they are worried that bitcoin will damage money in the country. so I think that is the main factor the government has not been able to sympathize with bitcoin and still hates to this day.

Also the most important point is tax evasion as we aren't able to identify the transactions and who is sending or receiving the money and also the risk of money laundering is pretty high as the transactions are pseudo anonymous. So the governments hate bitcoin because of this reason and that's why they hate bitcoin and are ready to do anything to stop it.

Government hate bitcoin mainly because its decentralize and they can not control it.but i really believe that bitcoin it will cross over the world every country.it will no longer be hated.

For what I believe, there are many loopholes to what you have mentioned. First of all, United States is a country that do not hate bitcoin, it rather supports it because they know what bitcoin can do to a country's economy. For me, bitcoin is not something a government will be feared. They can actually cooperate with it like what other countries are actually doing. The last part that you have me I there are many ways for someone not for his cryptocurrencies to he started. Banks also should not feared digital coins as like what I have said that they can actually coexist .

Because they cant squeeze any taxes on their incomes which is made through Bitcoin and also mainly cause people do illegal stuffs through bitcoin

Yes it is true that the governments of some countries hate Bitcoin but not all countries. Most of the countries are currently using bitcoin in different ways. There are some reasons for the countries which are prohibiting Bitcoin. Bitcoin is used in some criminal activities. And this transaction can not be identified. So using Bitcoin, the country's money is more likely to be trafficked in another country. For some of these reasons, some countries have banned Bitcoin.

The government will hate this bitcoin technology because cryptocurrency is decentralized and circulate in the digital world ,independently , and government have no power over it , even if it is used in the country , tbe government can not demand taxes on cryptos for they do not have hold of it , that is why government does not like bitcoin for it .

Even if it money is gold backed or silver backed it doesn't matter anyway. Even if it is not backed by the two and just backed by banks it still doesn't matter as much. The reason why the Government would like to control the value of money is for economic stability. The government just cannot lie about what they hold and say that they have lots of money in their position and that they could back up the any amount of fiat currency. Printing a lot of paper money backed by nothilot of US Dollar, wants to buy something from the US like medicine, food, etc and use it to buy their products, could they gain from it? I certainly think not! So what I am trying to emphasize now is that the creation of paper money is controlled and it does not go out of US without something backing it and without consideration of their economic status. Otherwise there resources will be gone with paper money or fiat currency back on their position without having to receive any better benefit from it. Bitcoin is almost similar to the fiat currency you have describe. It is a useless piece of code not unless their is a real usage for it. And what is backing it is fiat currency. So if we say it will replace for example the US dollar is quite impossible for now because as I have said their is so much to control about fiat currency for economic stability that is why governments are tracking bitcoin trading. It is not because they hate it but because it is need for stability. It does not and will not make a country rich. It only makes them unstable. Stability over the prices of dollar for example, is very crucial to the economic status of the United States. Be it not backed by gold or not, it is always a concern by their government to hold or limit the transfer of money going in or out. Should they print more money in paper, how will they sustain transactions with other countries doing exchanges with their money?

I am also feeling same. I think today or tomorrow government must be accept cryptocurrency. Already some countries have accepted it.

I think the reason is, bitcoin is difficult to control and it's very difficult to apply taxes in every bitcoin transaction. The government also considers bitcoin as a threat to fiat, and therefore the government hates bitcoin.

You are right.
Change in value of the local currency  has happened many times in developing countries and has affected their economic. But developed countries usually are able to control the value of their currency. Assume that the fiat is replaced by a currency which is out of their control. It's normal that they don't want it.

the government hate bitcoin because a decetralized currency is a cryptocurrency used once in scammer. last year I watched the news a bitcoin was used in the bust, so in that way the government also thinks that the bitcoin is a scam. Most people are in trouble with money they do not know that they sometimes damage the country's economy. and the bitcoin they use to crush on fellow humans. thats why government hate bitcoin. but I know sooner or later that the bitcoin will also recognize everyone as a great cryptocurrency at all.

Does it ? i don't think it hates in reality, it is just some fear because btc may bring great changes and they aren't ready for them and this will lead to some new future they didn't plan

I am agree with your opinion. Most government and central banks must be want to control money supply because money is a power. If bitcoin applied, government can not control the supply and government can not change transaction data. I think thats the reason why government againts bitcoin

The government hates what it can't control. Maybe not all governments but there are many. If you think about it people fear what they don't understand. This can cause them to react violently. In today's world that means hatred.

Value is something that is subjective, defined by everyone. If more people value it then, of course, the demand will increase. Perhaps the best way to illustrate the notion of intrinsic value is through gold. Any debate about intrinsic value will be incomplete without mention of gold. Ironically, if we look at gold, only 10% of the total supply of gold is used for real industrial and electronic purposes, while the vast majority is used to make jewelry. In short, the 'intrinsic value' that many people associate with gold is derived from the ostentation and 'perception that gold is more valuable than actual use. Bitcoin, though invisible, has a practical use case. Bitcoin has broken the traditional banking system with expensive intermediaries and long wait times. Values can be sent on a global scale with significantly lower costs and shorter time frames through a secure distribution network. The value of Bitcoin lies in its utility, its network, and its acceptance. With a fixed supply of only $ 21 million, Bitcoin is also protected against inflation. I think that's why the government hates Bitcoin.

Because it affects their profitability, as you know the government will rely on the central bank's receipt of interest, since the occurrence of bitcoin, it will threaten the existence of Paper money . So the government is always looking for ways to stop its development

Currently the governments treat bitcoin as a commodity investment and hates it because it is unregulated and hardly inforce KYC or AML.

However, bitcoin is much more than this and supposed to challenge the fiat currency role of a country. The only reason for a fiat currency today is all about government funding, (over table) tax or (under table) personal wealth devaluation in favor of national debt. Assuming bitcoin wide adoption, governments would face difficulty about this purpose and obviously would hate bitcoin.

Of course the government hates bitcoin, because the government cannot control bitcoin. In addition, the existence of bitcoin can disrupt banking stability in government that allows bank customers to switch to bitcoin investment, and more worrying about the government, bitcoin is vulnerable to crimes such as money laundering and some say it is a tool to finance terrorism activities.

People can easily transfer property through BTC!
Some criminals use BTC for money laundering activities, and the BTC's trading government has no way to collect taxes. The government has no way to effectively supervise!

They usu to control everything what is going on inside of the country and crytpo is not so easy for this. People like their privacy and they want to be free with payments

They are actually not membence but more careful with bitcoin. because the price is very volatile and very dangerous and high risk therefore they are more cautious. is studying and will decide whether to approve or refuse

Government hate bitcoin because bitcoin will set all their slave free. 50% of the money we earn as salary is collected back by the same Government that paid us in the name of tax and bills.

why does goverment hate bitcoin because the goverment has no tax here . and There are some reasons for the countries which are prohibiting Bitcoin .because didn't know what is it ?

Only some government though. I think they ban or stay away from Bitcoin from the reason that they don't want people to get fraud or get scammed. But I don't think the government of US hate Bitcoin, actually they don't care because Bitcoin still relies on dollars.

The government have to hate bitcoin. Bitcoin is taking away control from government. Bitcoin is also taking away revenue from government. P2P transactions on the bitcoin network makes you save huge transaction cost and time if it has passed through the banking system. It is difficult for government to confiscate a citizens asset on the bitcoin network because only the holder of private key can access such assets. These and many more reasons makes the government hate BTC

I think it will not be forever that the government will hate bitcoin with a system like that. People themselves will use bitcoin with P2P transactions

I don't think all state governments hate bitcoin, which I know the Japanese government does not hate cyrptocurrency, the Japanese government supports it, maybe only some countries hate bitcoin, maybe they feel threatened by their interests with bitcoin

Decentralization perhaps plays a key role here. Governments cannot monitor the users associated with different accounts. Some governments have strict remittance policies which won't stand a chance if people use bitcoin or other decentralized currency. Then there is lack of practical knowledge which gets in the way.

Because bitcoin is a decentralized currency. The government can't monitor the users and control the cash flow. It perfectly shows that government is still not ready for this kind of technology.

Not all governments hate Bitcoins. What most governments are lacking is quick adaptibility. There are also some governments that are trying to adapt but is finding it hard to give it a proper value. Things will happen in due time and place.

Government hates bitcoin because of the decentralization feature and that they do not have appropriate management plan yet. It wull take some time and upgrades in order to get the approval of government.

Because Bitcoin is anonymous, it means the government cannot control it. Hacker and crime can use it easily. It affects on the value of real money too.

The government hates bitcoin may be because bitcoin cannot be controlled by the government and considers bitcoin to be disruptive to the country's economy. The government has also not been able to monitor the use of bitcoin as a whole, so maybe this is the reason the government has not been able to accept bitcoin.

not entirely the government hates bitcoin, we can still see there are some countries that the government is friendly with bitcoin. Even though there are governments that hate bitcoin, I will not judge if the problem arises because bitcoin is anonymous etc., I just feel if the government is only worried about its people and investors, because we know bitcoin prices are very volatile which is likely to lose a lot the investment was due to panic seeing the market turmoil in the crypto market.

The government is afraid that paper money will disappear and instead of bitcoin, then the government can no longer control the financial markets, and their interests will be affected.

The only reason why bitcoin hates bitcoin and does not want bitcoin to get legalise in their respective nation as bitcoin transaction are now usually involve in many sort of illegal activities including terrorism so obviously no country wants that terrorism comes in their country and thus is the reason why governments of most of the nation are in against of bitcoin and the solution to this is that to legalise bitcoin all over the world, though governments will impose some taxes over bitcoin but then there will be someone who will keep eye over all the bitcoin activities.

Governments hate Bitcoin because it is a decentralized currency, and they can't control its price, market, and the transactions of its users. They want to support only their fiat currencies which can control them easily.
In fact, they hate all the cryptocurrencies because of their decentralization nature.

Governments hate bitcoin for not being able to take tax from operations. It really pisses the fat, fat politicians off. They do not understand what bitcoin is in the essence and I think that they will be able to tax everything that they will get their hands on. But it was not there. Bitcoin is anonymous and secure - so governments will always hate and ban it

the government hates bitcoin there are several causes, for sure, one of them is bitcoin is used as a currency exchange for criminal activities, such as drugs, human trafficking and others. but there are also countries that actually support bitcoin, not all countries hate bitcoin ... !!

Some governments are hesitant to accept bitcoin because they cannot take control on it and they have no access for taxation even though how good that crypto gives to its citizen but still its all about money that they can't benefits and that is why they always give such negative storey about crypto to destroy its image.

More than anything, bitcoin invades taxes. and the government would not have control of the economy.

I think it is because they differ on regulations, they have different policies . Government cannot control over cryptocurreny.

The governments hate Bitcoin because it is decentralized, thus it takes the power of control over finances and give it to its users. The Blockchain does not allow any central authoritative third party involvement, hence in a way, the governments think they lose power with the existence of cryptocurrency.

what you mentioned is true and some countries even forbid the use of this bitcoin digital currency because of the influence of people who hate bitcoin. even though this bitcoin is a very good and very efficient digital currency.

For me, I don't think that or government hates or dislike the bitcoin or any crypto currencies. In fact, crypto currencies is legal to the country where I belong. For now there are some of the financial transactions in our country which involves crypto currency payments and any digital methods. So I was to glad to have in this country where I belong.

I think the government doesn't hate bitcoin it's just that they ban the use of bitcoin because they fear that bitcoin will disrupt the country's economy, so the government prohibits its use. But I am sure that if the government can manage the course of bitcoin, the government will also accept bitcoin.

Simple. Its tax free and they can't control it. The government hate anything they can't control or make money from.

In my opinion, the government hate Bitcoin Because they cannot regulate and control the Bitcoin. We know that Bitcoin is one of money digital which decentralized systems, means that Bitcoin stand-alone without any third parties who control and manage it.

They can't cryptocurrency yet. Once they form regulations for it they might be able to see the potential they hold.

It is never as simple as that. You are making a statement similar to anyone else saying

"If you want to become rich quick buy bitcoins"

The government is corrupt. In more ways than we can imagine but, there is a good side to the government which may be in favor of bitcoin but lack the depth in knowledge to put bitcoin to good use.  

No one person controlling and managing an economy isn't the crux of the matter here. Whats important is transparency. If the world did not have rules, regulations, law and order in place. Do you think there wouldn't be any chaos. There needs to be rules, regulations, law and order but these mean nothing if there is no transparency.

I think the decentralisation is main reason why the government is against bitcoin, if you want to use then you can, but it is not government responsible.

Every goverment likes control. Because control means power. And bitcoin just takes away this control and this power from goverment and gives it ti people.

i dont think that all government are hating cryptocurrencies and bitcoin. some countries are fully embracing cryptocurrencies like venezuela, iran and japan. the blockchain technology is a technological breakthrough to improve the current payment system so why hate?

What country do you live in?
Because that isn't exactly how it works. If you have paid excess tax they will refund you. I am not an expert in the matters of tax but I think you need to brush up on the tax laws of your country.

Not all countries. But there are some like India which are afraid of what kind of change cryptocurrencies might bring about. This could help curb corruption and endanger all the pockets of the politicians or the corrupt bureaucrats

Could be one of the main reasons. This doesn't make the government bad. Instead this makes them a parent. They are trying to safeguard the interest of the people.

The government does not hate bitcoin, the government is only afraid because Bitcoin can be used as a crime tool, such as terrorist funding, money laundering, and narcotics transactions. I believe that in the future the government will have a good solution and can legalize bitcoin.

Governments control fiat currencies. They use central banks to issue or destroy money out of thin air, using what is known as monetary policy to exert economic influence. They also dictate how fiat currencies can be transferred, enabling them to track currency movement, dictate who profits from that movement, collect taxes on it, and trace criminal activity. All of this control is lost when non-government bodies create their own currencies.
As such, Bitcoin is  decentralized. and not controlled by government but individuals. I think this is the more reason the government hate bitcoin.

I do not think that the government hates or prohibits the bitcoin, just because of bitcoin's non-governmental controls should make those governments feel a sense of disagreement with the bitcoin's actions. :'(

i think the only reason is decentralization, it is a peer to peer transaction system and there is no profit to government from bitcoin so they are not accepting btc.

The government hates bitcoin because the government cannot control bitcoin, systematic government management is disrupted by the turnover of bitcoin transactions. to prevent even the government from being able to so far in many countries, the government continues to monitor and pay attention to bitcoin.

Hi,

We all know BTC is highly liquid coin. So it can vary always. Most of the time Money will export or import so government have no proper plan to control that and regulate that so that can happen to inflation situation. So first government need to establish a proper plan by getting knowlagde of the fluents in cryptocurrency and then It will a huge advantage for the government.

Thankyou.

The government i think hate bitcoin because it is decentralized. Not controlled by the government but individual. Therefore, denying them access.

The Government hate Bitcoin and other Crypto because they can't control it!

because many people in government doing a scam for people not know doing, and for that if other people know how bitcoin does government will destroy bitcoin.

I agree with this. Government has very less control on bitcoins and thus it might be worried about illegal use of crypto. There are many ways in which crypto is being misused in different countries and that might be a concern for some of the governments .

In my opinion why government dont like bitcoin because it has no tax. Government will like it if they can add tax to it every transaction. Specially on third world countries.

Bitcoin is a decentralized so that the government don't  have control or they don't have any control so that they don't like bitcoin. But in my country their is a situation that they banned bitcoin when the value rise and they know that this opportunity can use of a scammers to them to scam so that our government banned it but right now it's already legalized and we are free to use it.

For actual taxes it can be applied. if someone will make a withdrawal on the exchange. of course there will be a diasana fee that will be applied. with this, the government can actually apply taxes

When government is not in control of any institution they will destroy it. Bitcoin concept was hinged on decentralization which means that it is not controlled by any person or body but only by market sentiments. The government need tax for any transaction that passes through the banks but unfortunately bitcoin's transactions are P2P and there is no third party involved. The government and her agents are not comfortable with bitcoin  knowing that when every transactions are through bitcoin then they will be poor(government and her agents)

Bitcoin is not hated by the government, they are just worried that Bitcoin will be used for crime because we know that the price of Bitcoin is very high and corruptors can easily do money laundering by buying Bitcoin... I hope the government finds the best way, because Bitcoin is very good and the Blockchain technology can be very useful for the future of the world.

Government hate bitcoin because Government always thinking negative.Bitcoin is best crypto currency from world wide.Most country use this coin.Day by day this coin user increase. I think so next 2 year bitcoin uses all country people.Bitcoin uses people success some times.Government cannot control this currency. Government cannot knoladge for bitcoin.So I there for government hate bitcoin became government doesn't control this coin.

The government hates Bitcoin, because it is a decentralized economic system.The government can not impose any taxes on it.Also, the government can not recognize it because it is anonymous, which is why the government thinks it sometimes turns into a black market. Probably for all these reasons,the government hates Bitcoin.

Why does the government hate bitcoins? Bitcoin is a virtual currency that has not been properly authenticated. Bitcoin is also a trading currency for criminals so it is a threat to the government that makes the government do not like it. . So, in the near future, we need to rebuild the trust of the government with safe and legal trading, which in turn will make the government more secure and more stable.

I think that the use of paper money will not stop even if cryptocurrencies will be more popular than them. Physical money exists for hundreds and thousands of years, and for a reason people don’t refuse it. If you like virtual currencies, this does not necessarily mean that you should not like ordinary money. And vice versa ;)

Not all governments in the world are bad about bitcoin. But those who are negative do not want to develop in the field of cryptographic protection or innovation in the economy ! My opinion.

Government fully understands bitcoin and blockchain because nothing can hide from them.,what made them hate this cryptocurrency is the simple reason,the anonymity and the decentralization,this will bring end to their corruption works and for sure this will end all the bad businesses of every politician

Agree with you many don't hate because majority of governments haven't taken decisions against bitcoin or its existence at the moment because still bitcoin haven't done anything bad to there financial structure but most government organizations are in alert about bitcoin due to many false news from media sources regarding bitcoins darker side and the negative effects it can do to traditional economical systems

Because cryptocurrency is the key to the freedom of millions of people. If people can use cryptocurrency on their own in real life - banks will be left without work!

Governments hate Bitcoin and cryptocurrencies, because they can't control them, since these currencies are decentralized, and anonymous. The governments want to support only their fiat currencies, and controlling the financial transactions of their citizens, which isn't possible with crypto.

Right now the money moving in cryptocurrencies is very small compared to the rest of the economy of the world, so it seems unlikely to me that governments are mad about it, what they are seeing is the potential for bitcoin to take over a great deal of the economy which means they will be unable to exert as much control over the population as they can do now and they do not like it.

The government is not ready to take responsibility for what happens to the cryptocurrency market. they are less aware of the potential of bitcoin that can be given to the world. The government is also afraid of being threatened by things that can be done by bitcoin.

They can’t hate something that could potentially benefit them too, right? They’re just doing their jobs and studying something that if not properly regulated, could promote crime and other problems. Shouldn’t we be satisfied that they’re not slacking on their jobs? Give them time and hopefully, they’ll embrace it soon.

The government hates bitcoin because they can't collect taxes from the new decentralized virtual cryptocurrency includes bitcoinas main digital currency.

In other some country are adopting bitcoin because they want to help their economic to grow because some government officials they understand the potential of virtual cryptocurrency as new temder money in the future.

the big reason is because bitcoin is not decentralized and bitcoin don't have the center, its mean that it works without any center that manage it, and i think it makes government can't join to handle bitcoin in real life

Governments and politicians seek for one thing, power. They seek to gain power in all sectors including the finance of the people. Due to the decentralized nature of Blockchain, users of cryptocurrency are the owners or controllers of their own finances and related transactions. It takes that power from the governments and gives it back to the people. This is why the governments hate Bitcoin and are doing anything within their power to collapse its patronage.

Not all governments hates bitcoin, Japan is one example, they legalized bitcoin instead of banning it. Other countries are not yet prepared to allow bitcoin to become of their optional currencies because of its decentralized nature. They might need more time to study it first like what will be the impact on their economies if they freely allow their people to use bitcoin and other cryptocurrencies in their transactions.

Not entirely. I mean tax can always be imposed on the transactions that take place.

This is the kind of thinking we need. The government isn't exactly our enemy. They are trying to protect us and bitcoin was used for money laundering. So when something is invented it can be used for good and bad. As you have stated we need to win the trust of the government back.

Exactly. There could be a rise in illegal activities, Rise in criminal organizations, Rise in money laundering. Think about it. There are multiple ways in which bitcoin can be used. But the negative effects can overshadow the positive effects. In order to avoid that we need to make sure that it can be regulated not completely. But at least place a few regulations that everyone can agree on.

Japan is an exception. There can be many more countries to follow. But none will unless their faith is put back in place. This could even be trust. A trust in the system. A sense of trust that no one will manipulate the system for their own personal gains.

Government hate Bitcoin because i think it can be more useful than the fiat money. They can't stop the bitcoin and they dont have income for every transaction in the blockchain. Some of the government employee know that bitcoin use as payment system in deep web so they afraid of it.

Hi
If I say about bitcoins, It's a virtual currency which moving fast and because there are no such bodies which regulate it so in sort there are no middlemen to run., So if I say why the government hates bitcoin as they don't access to regulate on bitcoin as the role currency plays in a nation’s monetary policy has the potential to have a far greater impact.
Thanks and Regards
Parth paul
https://www.onlineidealab.com/courses/digital-marketing/ (https://www.onlineidealab.com/courses/digital-marketing/)



 

all governments all around the world from a democratic one to a dictator wants to have domination on people especially on their economy in which have a direct effect on their social behavior acc. to Marx theory

Bitcoin can eradicate this control and because of it governments hate bitcoin


of course, another optimistic reason for it is because bitcoin can use as an illegal currency that what governments say

I think government does not hate bitcoin they are just making sure that the people's money are safe. That is why some government are strict in dealing with bitcoin acceptance.

A simple possible reason is that in every country that already has a currency that has been recognized globally and is a legitimate payment instrument, it does not want to change its currency with bitcoin

Governments can't control Bitcoin because many countries governments and banking systems can't get any fees and taxes from any transactions. As a result bank fears bitcoin and they think it reduces Fiat money.

Because Bitcoin makes a good competition to each goverment and takes its control and power via money.

actually it does not hate only this government does not understand and monitor the development that is currently developing and is thought to be detrimental to the state even though it is not and from that the government hates bitcoins that defeat real or real money

The government hate the bitcoin because it has no real value.It has only online value.When a man bye a bitcoin but he can not sell any time? and has no real market place.

I think i can see an angle why government hates bitcoin, i think the reason is that bitcoin may be use by the illegal person for transactions, and also bitcoin may be use as money laundering for possible.

The government therefore hates Bitcoin. Because the government is unable to control Bitcoin. Because of which the government can not recognize people using Bitcoin. And the government can not even stop illegal activities from Bitcoin.

the government might be afraid of the technology that is owned by bitcoin, making the governments who often commit corruption experience fear if their actions are known by many people.

the government hates crypto currencies because they always think negatively of money laundering and fundraising for the future

You may not know that the government is also trying to create a strong Crypto market even though they issue bans. Governments are not stupid as to what you are thinking, and they are operating anonymously in the Cryptocurrency market.

Many of the asian countries have not enough technology of block chain to control the transaction of cryptocurrency it is still beyond the access of the some countries. Every country should adopt block chain technology after this they can handle the transaction and bitcoin should be accept as legal money.

well from all you said and analyzed, you right. Government hate anything they have no control over. cryptocurrency is a threat to the greedy and wickedness of government and they fully understand if cryptocurrency becomes fully functional in transactions, then they wont be able to dictate some certain things and they seriously don't want that.

Everyone know government will never support anything they have no control over. They government, always want to be on top every issue, dictating what happens at every point in time. Government will only accept and adopt the use of bitcoin fully if they have a way of regulating it else they will continue to push against it.

I think the government always wants to apply control to bitcoin, and because bitcoin is decentralized, the government has difficulty controlling bitcoin, and bitcoin can endanger fiat currency so the government hates bitcoin.

The government are part of us all, the information on bitcoin as a means of exchange is what most African society are confuse about, so they fail to get more benefits in this very good mean of exchange.

because bad news is circulating and there is a business competition I feel that the government causes it to hate Bitcoin and other cryptocurrencies, if the government's reason is security then without cryptocurrency crime will continue to exist, so I feel security is not the reason..

The government hates bitcoin, because this currency is considered to have the potential for abuse, and the lack of a regulatory body, so that the existence of bitcoin is not once used by scammers to benefit from innocent people especially from a financially insecure society, meaningful not only falls under one jurisdiction or has become the responsibility of all countries. While based on reality bitcoin is like any other currency, even better than other currencies.

Bitcoins have not been legally recognized in some countries and I think governments have no specific plans for managing Bitcoin. Bitcoin does not benefit the government because of its anonymity. I hope that in the future Bitcoin will be legalized and traded more widely.

Since bitcoin is decentralized and controlled by individuals which the government do not have access over, I think they wouldn't like bitcoin.

For me in particular,government hates bitcoin because they can't control it through its central bank.Government sees bitcoin as a currency that may perform more than its traditional currency ,and if the masses adopt bitcoin ,it will pose a great loss to its financial institution.To be more direct,government has no information on the whereabouts of the founder of bitcoin.As result ,government is seeing bitcoin as a risk,meaning no one can be prosecuted if something goes astray.
On the other hand,government is seeing bitcoin as a currency that can be used for fraudulent activities of which if that happens no one can be traced.However,government sees bitcoin as a very high volatile currency that can't be trusted.In other to protects its economy,government is advising people to avoid investing in bitcoin.Government are not not in support of bitcoin because many exchanges where bitcoin is traded are not regulated,and this trend  could pose grave danger to people fund.
Finally ,government thinks that central bank system  might
be destroyed if its citizen are given go ahead order to be using bitcoin to buy whatever they want.

Could you elaborate a little more on this?

in my opinion the government does not hate bitcoin, in my country the government only limits the movement of bitcoin for example by banning transactions directly with bitcoin but the government does not prohibit access to bitcoin

It is possible that your country knows about Bitcoins, but accepting them for their people's use is not allowed. Due in part to the government's lack of control over the BTC and the other part that they do not know much about bitcoin as we should think bitcoin is a scam. :'(

It is not because the government doesn't understand bitcoin  ;D ;D the government doesn't want to understand and just want to kill bitcoin> Bitcoin is threatening to the existence of bank, that is the reason why the government hate bitcoin.

Bitcoin currency is not based on the silver and gold in all country economy system. So that which effect the true value of fiat currency of the country which is the main reason to not accept the bitcoin by the government hate to bitcoin. But bitcoin is spreading in the world like a fire and can not stop to it because  people are trusting to it and becoming strong every day of use by every one.

isn't it obvious?

Not to everyone.

I find the opinion in your post interesting but to my mind the government doesn't hate it but is afraid of changes which are going to come together with the btc appearance and its implementation in the system instead of other coins

Governments hate btc only until it comes up with its "own btc." The uncontrolled moneymaking tool may become dangerous, so of course governments don't like that. Why would they? Until they research the ways to make money on people using btc, they won't be satisfied.

I think that fear is the main factor that prevents government from having positive emotions towards btc. They don't want to change the system that looks stable for them. To my mind, in the future most governments will accept it

I often said this is all about the selective choice of few people among government officials. In our government, right now they have started their mindset be molded to accept bitcoin. Till now things weren’t that much sweet here. Going to thorough mindset, politicians often don’t accept such thing because they couldn’t be making any progress on corruption circles they always plan.

Bitcoin does have great power so the government is afraid that it cannot control it and that it will have a negative impact on the country. from what I know the government is afraid that Bitcoin will be misused to fund terrorists and so on because the Bitcoin system is peer to peer.

Bitcoin is also still not stable so the government is afraid that many people will suffer losses if they invest in Bitcoin. but if Bitcoin develops and the government knows what to do with Bitcoin then one day all countries can legalize Bitcon.

the government forbids bitcoin, of course, the negative results obtained from the existence of bitcoin are likely to occur with countries that strictly prohibit the existence of bitcoin, but in my country the government prohibits direct transactions with bitcoin but may access because the government has not fully inaugurated bitcoin as the applicable currency

Because bitcoin is a decentralized thing, they can't own it, they thought that it will be a bad decision if they will approve it but they don't know the real benefits of bitcoin how it affects our lives

Everything seems very clear in this topic. the government hate bitcoin because bitcoin can threaten to the government. https://bitcointalk.org/index.php?topic=5030552.0

Actually greedy people who hate bitcoin, they don't want to buy bitcoin and just want to make noise in cyberspace with their regulations. I am also very fed up with them including the government.

In my opinion because the government does not want FIAT money to fall again because it was defeated by Bitcoin which is popular now, so if it continues to be left like this it will disrupt the sovereignty of the government, for example in my country that the government has not legalized Bitcoin so far, so I am very fed up with the government this. they seemed to not know the progress of innovation for the future of the community.

The government hates bitcoin because it is a decentralized and the government cannot make and keep the record of it and this is the basic reason which is enough for the government to hate bitcoin.

Governments and their agents (banks and their owners) hate bitcoin because of the decentralized nature of bitcoin meaning it cannot be controlled by any body or organization. It is anonymous also. The nature of bitcoin will never allow the government to collect tax or any kind of fees from millions of transactions daily. This control is what they crave for because they depend on taxes to run the government. They have been trying the centralized the crypto to no avail and the next thing will be to destroy it.

Fiat will remain and bitcoin will still be staying because of us who are still using bitcoin until today and still believing that bitcoin will recover again soon. I know that there are some governments in some other countries that don't want bitcoin or cryptocurrencies to include with their currencies because they can't get tax from there, but there are also some governments that don't don't care with it because most of their communities are already paying tax and they are already getting millions with that and bitcoin/altcoins is not a hindrance for them.

Simply because Government has no control over Bitcoin, since it is decentralized they could not get anything from it and there is no way they could stop this hype. The iDEA of Crypto give us the freedom from any third trusted party, this way we are free from any interest of the government. Since Crypto is suppose to show us the public code we are sure that are funds are well safe and secure and any potential vulnerabilities can be fixed quickly. Be reminded that we could only have this feature of crypto if we are using a storage or wallet that is open source and give us the full control over our funds like wallet Hodler wallet which is the only opensource multiwallet.

In my country, the government does not give Crypto permission as a means of payment. And if that happens it will certainly have a very negative impact on the legitimate currency in my country. Until now, Crypto is allowed to trade, sell and buy, which can only be accessed using the internet.

Government hate bitcoins because they cannot control it.

Because bitcoin is a decentralized currency.Governments cannot monitor the users associated with different accounts.
Hackers and crime can use it easily. It affects on the value of real money too.so governments hate to use bitcoin.

I think the main reason to hate bitcoin is, it is decentralization system. and it is totally online business so the government is not responsible for btc. 

It has a point. And the kind of management they want is taking charge of it. But then it is decentralized therefore they cannot interfere with it. That is another point why they do not like it. Government wanted everything to be in their control but we can also see that government are being controlled.

They hate this new uncontrollable system, because they can't get anything out of it! Just imagine how much they can lose if everyone makes anonymous transmissions through such systems as a bitcoin mixer (https://bestmixer.io/en)? I can`t believe that such money revolution can be and I can participate in this! We are making history, guys!

you're right, for now there are many reasons why the government hates bitcoin. however, little by little, I feel that they have accepted bitcoin, or altcoin. well, for 2019 there may have been many governments that accepted this. that's because bitcoin provides many benefits.

Most government hates bitcoin because of its transparency as we all know that bitcoin transactions can be open by anyone with the the use of internet and I think government dont like this idea when it comes to financial transactions as many of government officials in every country is corrupt and might get caught immediately if they will use public ledger like bitcoin. 

This has been discussed many times before also. In order for the governments to really benefit, they should integrate bitcoin with their current fiat system. The problem is that they cannot block bitcoins altogether and only due to this, banning bitcoin will being no good news for them. Its hard to accept bitcoin for the governments but they have to accept it one day.

I think not all governments hate Bitcoin, the proof is that in my country the government currently does not prohibit and does not order.
My government is only warning caution when Bitcoin investments risk on their own, well there are also some governments that legalize Bitcoin, so the conclusion is that not all governments hate Bitcoin.

I think the main reason why bitcoin is being attacked or hate by government is because is decentralized, main while it cannot bein control by them and secondly because bitcoin has not been able to be regulate so they see it as illegitimate currency. So I don't really called it hatred but just trying to assigned to which and every one involve in it that is not fully backup by them.

Most governments have no clue on how to deal with bitcoins and in the end they found only one solution and that is to ban the bitcoins. (even though in reality no government can ban bitcoins).

Not all state governments have installed bitcoin but indeed most of these countries hate bitcoin. I analyze the reasons why they hate bitcoin because honestly they are not ready with the desire for new technology that is capable of this function. The state government is not ready if this crypto currency technology is present beside us as a complement to the function of our fiat currency. Moreover, this crypto currency has a decentralized system in which the state government is not ready to control this unfamiliar system. They are only accustomed to controlling the centralized system. Only countries with high technological progress are able to control the crypto currency system. In addition, the governments of this country hate crypto currencies because they assume that the crypto currency will rival and shift the existence of fiat currencies. Whereas in my opinion, it will not happen because fiat currencies and crypto currencies will complement each other to have a single goal, namely to alleviate human work. I would be happy if the crypto currency can also be used anywhere because we don't always have to carry fiat currencies anywhere. It's too complicated and certainly very risky.

In my country the government still not understand what's bitcoin, but it know only tha Bitcoin is anonymous financial transactions in which they have no control and difficult to track.
I'm sure another day all governments will be accept Bitcoin.

I would not say that the government hates bitcoin. most likely they simply do not know how to regulate it and do not want to work with it yet. It seems to me that in short time the attitude of the government to bitcoin will change

Hello guys, I strongly disagree even the President of the United States Donald Trump has his own bitcoin called “TrumpCoin” ranked 1422 with a price of 0.0376 $ and he is the head of the government. Slowly step by step the world is trading more and more with bitcoins and now we even can see 3rd world countries launching their own btc and some of those countries like Panama or Argentina have atm machines where you can withdraw money using btc

I dont think government hate bitcoin or cryptocurrency, because government can collect taxes from bitcoin or crypto transaction. I am believe institution that hate bitcoin is central banks because they can not control the money supply if bitcoin applied in monetary system

the main cause that government dont like bitcoin is bitcoin is not centralized currency, so govcernment can't manage it by themselves, and its hard to regulate. i think that is the main cause why government can't make the bitcoin legal

the same case happened in the country where I live, the government prohibits the use of bitcoin to be used as a payment instrument but the government does not prohibit ownership even the government considers bitcoin as an asset that can be taxed, this happens very much in countries that are not advanced in technology finance and the government financial system that has not been properly connected.

I think we all know the reason, because in a country the government wants everything under control so that everything can be monitored in the interests of the state. but in the matter of cryptocurrency where the system is decentralized, makes the government unable to control it, that's why they hate and try to stop bitcoin..

The governments hate crypto for one main reason, thus due to its decentralized nature. Bitcoin does not allow any centralized authoritative body to own control over the transaction of its users, hence grants its users the financial freedom to be masters of their own transactions. This power is taking from the governments and given back to the people.

in my own reason, some government hate bitcoin the reason is there is a government that is banned by bitcoin. maybe the government can not explain what the punch ends in a bitcoin, the bitcoin provides the good ones it can get good benefits for Become a member of bitcoin.i think the government they think negative for. Because of its digital currency set we can not handle what a bitcoin is. but above all it is a legal cryptocurrency across the country.

The government is difficult to track ownership of bitcoin so that it is unable to withdraw taxes, this is one reason the government does not agree with the existence of bitcoin. The nature of bitcoin which is difficult to stabilize has caused the government to defeat it.

right, they really hate bitcoin for one reason like you say. they cannot benefit in every bitcoin user such as taking taxes on each user. but not only that, when a crime occurs in crypto it will be very difficult to track and find the culprit.

that's why they are very difficult to love bitcoin.

because the government cannot control bitcoin.
it is nothing new if many governments hate bitcoin but someday I believe bitcoin will be accepted by all the governments of the world because over time they must be prepared to accept better changes.

I think the government only hates bitcoin, not the technology behind bitcoin, which is the blockchain, as we know that bitcoin is decentralized and the number of bitcoin is limited, maybe that's what the government hates.

I think they don't entirely despise Bitcoin, just that they still have yet to adapt to the presence of the Bitcoin does help the economy gradually. so this should give undertakings Bitcoin real evidence to regenerate confidence in the Bitcoin going forward.

Bitcoin is a digital and decentralized cryptocurrency. Any body or government can not controlled it. So i think government hate bitcoin. Also has some reasons- bitcoin use money laundering, bitcoin transactions are tax free.

Simply because it threatens the interests of the government because of the risk of paper money disappearing. When paper money goes out, the government no longer benefits from lending money

Actually, USA is trying hard to impose KYC & AML so that they can trace Bitcoiners, also, they will probably issue crypto USD in a decade, as they are adapting Go Slow policies about Bitcoin. But they dont hate Bitcons, they are just worried to loose control.

Hello Folks,the reason government hate bitcoin is due to the fact that bitcoin as a means of transaction will influence and control the economy, thereby reducing the influence and control the government has upon the economy.

In my opinion it is not only uncontrollable that makes the government in that country ban bitcoin, but if bitcoin is allowed in that country it will reduce banking income. Because there are many government-owned banks that can be used as a motor of development in collecting public funds. In addition, bitcoin reduces tax revenue, because the transaction is peer to peer.

They afraid of it because it's unknown and unpredictable.

In my opinion the government does not hate bitcoin but the government only prohibits the use of bitcoin because the government is afraid that bitcoin will disrupt the country's economy, therefore the government does not allow the use of bitcoin. Hopefully someday the government will accept Bitcoin as a legitimate payment instrument.

There are many reasons behind this statement. There has many issues regarding this. No one can track it's transaction, it can be a valid reason. By the way,by investing in Bitcoin or other currencies, money can be reserved for a huge time.The another reason can be economic slowdown.There are many illegal works are done by using Bitcoin. I think those are the main reasons of that.

Government dont want bitcoin to rule the world of currency.
They have no control with bitcoin and its supply.
people will be the only one to decide for the demand and price.
Government will limit their power through currency which a big impact of their lose.
Corruption will be limited in each country of the world.

If you put yourself in the position of governments for a second you will get why they hate bitcoin, they have created the perfect system in which they can do whatever they want and people need to follow their orders, they created a system in which they have complete control of the money supply and the economy and now out of nowhere they need to compete with a coin that could destroy everything they have worked so hard.

but for now, many governments are changing their views with cryptocurrency, even some countries really support, and try to develop this. besides, this makes many people learn to become a businessman, and start developing their projects. this certainly reduces unemployment, and adds entrepreneurs in the community. however, for the same reason, there are still some governments that see this with something negative.

National governments have motivation to be against bitcoin and decentralization. Computerized gold would keep governments from mystically printing cash while burrowing the obligation gap. Their activities and exchanges will likewise be straightforward on account of blockchain innovation, and they're not constantly legit. News stages will be decentralized, decipher concealed agendas..Often including terrible purposeful publicity from governments.

I can say that it is not that the Bitcoin is totally hate by the government, but it is rather that the government prefer to control everything and from the fact that the Bitcoin is not a controllable having the characteristics of being a decentralized then maybe that is why the reason why the government didn't want Bitcoin to run as it is to other countries.

That is right. The government are being concerned to what may be the effect of their citizen using Bitcoin every day in their country. It may not be true since most of the people will not be that quick to use them right?

Also, there are governments that are thinking that their people might use Bitcoin or any other cryptocurrency to commit crime. There are a lot of ways to use Bitcoin and one of them is being anonymous in the transaction. It may not be that completely anonymous but it is enough to make some connections to terrorists or make transactions to commit crime like money laundering or buying something illegal out of the dark web.

I see you scared to associate the idea that maybe the government is not strong enough to control that bitcoin. And as far as I can see, they can only accept and refrain from thinking of new taxes for us- BTC investors :(.

I think the government want controlled key currency. But Bitcoin is a potential threat of the establishment.

Many governments have opposes bitcoin for it's virtual nature and it's high volatility in the market and it's stability is an issue for us to keep it with us at home or we can not sure that whether the crypto value will remain the same or not so it makes the government conscious about crypto and they against it. Crypto market is accepting world wide.

the government has personal reasons to hate bitcoin, the most powerful issue is the government giving a statement as if bitcoin could damage the country's economy. but this has not been proven so I think that's just the government's personal decision with bitcoin.

in my opinion bitcoin decentralised peer to peer transaction system so there is no income for the government, this is the main reason government hate bitcoin.

the government not only hate bitcoin but also scare bitcoin because bitcoin can threaten to the survival of banks and the taxation of the government.

I think the main reason why the government hates crypto is the fact that crypto currencies function in their own space without the approval of government. Government usually don't like things it can't regulate and control.
Another reason why the government hates crypto is the anonymous nature of crypto. They pose a threat to the security of the nation as people can fund various terrorist organizations and the government won't be able to trace those transactions.
According to government, they also pose a threat to a nations economy as the government can not tax crypto directly and people can use it as a way to hide their illegally earned black money. Crypto also decreases the dependence of people on banks which are under the direct regulation of the government. All of this factors pose a threat to the dominance of government over the nation and the people.

The government or any public authority is greedy for the control and since Bitcoin or any other cryptocurrency is based on the blockchain technology which relies on the fundamental principle of decentralization. Naturally, if it is adopted on a large scale then it will destroy the control of government authorities and to avoid such circumstances, governments are looking to ban it.

maybe they hate because this bitcoin can be obtained only by following a bounty or by other means, while the government works hard and does not freely use the time widely. maybe there they hate the use of bitcoin and also in terms of practicality.