Goverments to go AGAINST Bitcoin

[Weaklies]

Most likely yes. Because bitcoin will not any tax give government. Government will not like bitcoin policy.Government wants to control every kind of money circulation in their country. So as soon as possible government take action against bitcoin.

[harizen]

Is there any chance goverments to go against bitcoin if they see its something against them??

There are counties who already banned bitcoin. But that isn't because of bitcoin will do something against them. Different reasons behind those banned and you can search for that by yourself if you really want to know more.

Don't want do go beyond discussion on these as your concern is the chances. Instead I want to say to you that don't mind those as if you will look at the outer picture, bitcoin is still reachable by majority of countries in the world.

[Sachinist]

Maybe for the moment. Here's how this will play out,

Govt resistance > Mass uprising > Coup > Blockchain takes out Govt and banks and rules the world

[bitcad4u]

Maybe for the moment. Here's how this will play out,

Govt resistance > Mass uprising > Coup > Blockchain takes out Govt and banks and rules the world

Government want to control all kind of money circulance in there country so bitcoin not pay any tax to give government and government I'll not like bitcoin policy so as soon as government take action against to bitcoin system ,there are already countries who banned bitcoin other than the China also some countries are assigned bitcoin as a currency and one of them are Japan.Some government don't want Bitcoin to interfere there country Economy.

[setifien19]

Governments and politicians generally tend to opposite crypto money when it becomes harmful to their own profits or when they don't know how to treat such topics (lack of consciousness and knowledge)

[GeorgeEden]

Of course, if your government bans bitcoin you will be punished if you use it.
Anyway, few countries ban bitcoin atm so I don't think you should worry about it unless you're living in one of those countries.

Now that im thinking about that. What about drug lords? Its something against them. If like in 20-30 years Printed money are not existed. And everything is digital. Then i guess they wont be able to exchange drugs and money. The only they gonna do it its like ex change based on value. like 1kg cocaine for a car.(example)

If bitcoin ever replace fiat (printed) money they will be able to exchange it easily using smartphones, so this won't be a problem.
[/quote]
 
Yeah i gota say i didnt think much of it haha. I guesss you are right.

[marriams]

There are already governments which are pro Bitcoin or open to Bitcoin, so I do not see a trend in Bitcoin rejection at government level.

[GeorgeEden]

In order for the government to go against Bitcoin they will have to ban the whole internet of the country. There are already countries who banned bitcoin other than china, so this is just a normal event on the cryptocurrency world. Also there are some countries already who trusted bitcoin and make it one of their currency, and one of them is Japan, so rest assured, bitcoin will still live and will keeping booming as always and will sooner lead to revolutionary period throughout the world industry. Other factors the government can use to go against BTC is to Ban mining, ICO, Ban exchanges
etc.


Well lets see what Turkey its gonna about it . They banned Twitter and Wikipedia till now if im not wrong. They might resist on bitcoin too

[GeorgeEden]

Yes, it is highly possible. Some governments have already started to fight with Bitcoin. Unfortunately, some of them decided to ban it. However, these are extreme examples and only poor countries which have problems with inflation prohibit using of Bitcoin. Authorities hate Bitcoin because they can't control it (creating additional bitcoins). I doubt that any big country will ban Bitcoin completely. Even China wants to allow Bitcoin trading again.

I think for bitcoin to work and stuff(other currencys) big countrys or names have to get in the game. Like USA / Japan / China and stuff. Then others gonna follow. They always do.

[Quesdana]

In order for the government to go against Bitcoin they will have to ban the whole internet of the country. There are already countries who banned bitcoin other than china, so this is just a normal event on the cryptocurrency world. Also there are some countries already who trusted bitcoin and make it one of their currency, and one of them is Japan, so rest assured, bitcoin will still live and will keeping booming as always and will sooner lead to revolutionary period throughout the world industry. Other factors the government can use to go against BTC is to Ban mining, ICO, Ban exchanges
etc.

Maybe it can be possible if you're living in a communist country but if you're not and your in a democratic country, the government will give you freedom with bitcoin to have your independent ways of earning money. I believed that in a country with wide acceptance of bitcoin it will make their economy progressive.

[Kayaeh]

Is there any chance goverments to go against bitcoin if they see its something against them??

Whatever happens, I do not think banks like crypto's, and since banks are closely related to the fovernments, it's still complicated for states to accept openly and without regulating cryptos, no?  

[GeorgeEden]

Whatever happens, I do not think banks like crypto's, and since banks are closely related to the fovernments, it's still complicated for states to accept openly and without regulating cryptos, no?  
[/quote]

Well im really curius how they gona react when they see that crypto its making them lose money.

[ImHash]

If you can make billions of dollars with a new thing, You don't need to go against it, How many of normal individuals are benefiting from bitcoin and other crypto currencies? If we are free to trade and mine these coins and to earn money, Do you think governments would sit aside and let us have everything? This is now a battle between countries, More bitcoin they have and hold, More money they can make.

[GeorgeEden]

If you can make billions of dollars with a new thing, You don't need to go against it, How many of normal individuals are benefiting from bitcoin and other crypto currencies? If we are free to trade and mine these coins and to earn money, Do you think governments would sit aside and let us have everything? This is now a battle between countries, More bitcoin they have and hold, More money they can make.

Well my thought was if goverments see that its ruining their system and its something against their rich well,  I dont think they gonna let it pass easy.

[Razick]

Governments are not going to go against Bitcoin. Well, maybe BTC yes, however they will not go against cryptocurrencies. Instead they will embrace crypto and try to centralize it so they can tax their citizens.

[btc_angela]

I think the government will not against bitcoin
even, there is the possibility of the government to support it, because if they resist, they have a narrow mindset

Bitcoin change people economy while government can't

But government has the final decision to ban bitcoin if they want and people can't do anything about it. So Yes, government can go against bitcoin if they want to. But there's always two opposing side, there will be government that will totally put the hammer ban while there are nation which are bitcoin friendly like Japan. We can't blame though those nations that will go against bitcoin, they not just have a narrow mindset, but they don't understand what's the effect of bitcoin to their community. All they know is that bitcoin is being used for illegal activity. Bitcoin has a lot of positive things that can really bring good results to their economy.

[eCrypto]

Goverments are against bitcoin already

[hodlftw]

Is there any chance goverments to go against bitcoin if they see its something against them??

Try yes and try a lot of governments already put bans on bitcoin because of this. They realize it is a very threat to the establishment they have reign over and this worries governments. Rightfully so bitcoin is a revolution it

will go on with or without them, but I love to see the governments squirm in their pants hehe.

[GeorgeEden]

Try yes and try a lot of governments already put bans on bitcoin because of this. They realize it is a very threat to the establishment they have reign over and this worries governments. Rightfully so bitcoin is a revolution it

will go on with or without them, but I love to see the governments squirm in their pants hehe.
[/quote]

If they go against bitcoin and succeed to end it. That means blockchain is gona end too?

[ledu_ico]

Governments are already trying to find ways to tax bitcoins, so you can say this is already happening.