Goverments to go AGAINST Bitcoin

[Gloria_16]

At first, many countries were against bitcoin, but now bitcoin draws more and more countries and they welcome it.

[MirandaGreen12]

they are against it cause they want to controle all money and by that people, but it paradoxal cause bitcoin can help economy when government can't

[GeorgeEden]

they are against it cause they want to controle all money and by that people, but it paradoxal cause bitcoin can help economy when government can't

I dont think they care about people they just care about their money. Even if their people live somewhere else they just want their money taxes and stuff

[cizatext]

That will be an efforts in futility, government has no control over bitcoin and other cryptocurrencies because of the fact that bitcoin is a decentralized currency and such is very hard for it activities to be monitored by any individual or authorities. The only way that will happen is for the government to embrace bitcoin and drive out some economic policy that could regulates it activities.

[joniii]

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

Government will not fully oppose bitcoin and also it won't announce the usage officially. To make bitcoin usage official, it may take some more days. But it will not go against bitcoin. A lots of issues occured regarding bitcoin tagging it as a fraud and with other issues, it is clear that it was individual person's point of view and not the decision of the government. Though few countries are against bitcoin, Most of them have started accepting it officially.

[jayco25]

bitcoin is not control by any goverment because of that they are against in digital currency. reason for them not to support bitcoin coz the goverment to profit. no tax in digital currency they cannot monitor income of there sovereign people.

[daenarys_stormborn]

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

of course, because with the bitcoin, the government is clearly at a disadvantage, because the income of the state comes from the tax on the assets of the people's wealth, and if the people themselves change their assets into bitcoins, the state tax automatically decreases. then it is likely that the government will fight bitcoin

[quocsi]

In some countries, bitcoin has been banned. I do not think this will be beneficial to the government. The importance of bitcoin to people in many countries is really needed. It helps to prevent unemployment today. There are also some benefits to bitcoins. People have stable income, the country can grow

[lanzkis]

Governments afraid of bitcoin is decentralized.criminals may use the bitcoin for their transactions.some countries accepted the bitcoin,some governments approved.

[Coral27]

Does the government fight bitcoins or does it prohibit bitcoins from operating in the territory?
In my opinion, bitcoin does not affect the government, it is only difficult to control with bitcoin income, bitcoin to help the economy of the country stronger.
Bitcoins are very difficult to control in terms of income and taxes are up there in so many countries banned bitcoins

The biggest advantage and disadvantage of bitcoin is anonymity,so their country people can easily use bitcoin for illegal activities so some countries decided that they don't want such type of currency for them so they banned it.But bitcoin will help in increase the economy level of their country people so some countries legalized bitcoins.Maybe governments have to make rules for using bitcoin in their country so it will allows the country's people to use bitcoin with some restrictions.And also stops from totally banning the bitcoin.

I think there is no reason that any government can be against bitcoin because bitcoin is not that kind of currency which will make any problem for any government because bitcoin is playing always with positive mind because bitcoin want to change world and its intention is to end poverty from world so I don’t think so that anyone can banned or stop bitcoin and some countries have already make bitcoin legal in their countries.

[Fappanu]

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

Just read a news coming from one of the biggest tb network here in my country, after bitcoin hit $10k mark, there was an announcement came from the Security and exchange commision and central bank that people should be careful with investing with cryptocurrencies.  Because it is not registered or the government has no say with it.  If its price goes down reall hard or it is gone then people who invest with it will no longer get their money as it is not regulated by the government.  So maybe there would be a chance that our government will step up.

[nvedia]

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

Just read a news coming from one of the biggest tb network here in my country, after bitcoin hit $10k mark, there was an announcement came from the Security and exchange commision and central bank that people should be careful with investing with cryptocurrencies.  Because it is not registered or the government has no say with it.  If its price goes down reall hard or it is gone then people who invest with it will no longer get their money as it is not regulated by the government.  So maybe there would be a chance that our government will step up.

Which country?

[InnMind.com]

Although there is nothing that can stop a government or central bank from banning Bitcoin (& a few have already done so), most would not go that far for two reasons:
- The Streisand effect
- A ban on Bitcoin is difficult to enforce.
You can read more here: http://btcexchangemarkets.com/can-any-government-ban-bitcoin

[salink]

I think so. Because the government does not collect taxes from bitcoin as well as its transactions. will affect the economy against their interests. However, only a few countries will ban bitcoin, not all

[MiiDoViic]

My country is already against it . Trying to make it illegal. But they have no power over it and they can not stop us .
Because bitcoin is completly independent from them .

[GeorgeEden]

My country is already against it . Trying to make it illegal. But they have no power over it and they can not stop us .
Because bitcoin is completly independent from them .

How are the trying to block it? And where are you from? I think no1 has the  power to make it illegal just by force .

[ThunderCatSteve]

I think the government do not will against bitcoin, though they do not legalize bitcoin but they will not forbid people to use bitcoin. The government will only urge to always be careful to transact with bitcoin, because the government will not be responsible if something unexpected happens.

I have pretty same opinion regarding government’s attitude about bitcoin and other digital currencies. No government wants to lose control over its public and wealth.

Indeed, all governments are running on centralized policies and even banks but bitcoin is antagonist to them which is the basic reason governments fear bitcoin. Bitcoin is therefore public currency not another service for corrupt people to nail innocent people.

[kiver]

i don't all the governments of the world could unit against bitcoin look for a country like Germany for example what they did they made bitcoin an official form of payment and started to benefit from it with so many ways  i don't see why other countries would go against instead of benefit of this new technology it will be stupid and reckless sorry for my language

[zarintasnim]

Some countries are all ready going to against bitcoin. Because they have no control about bitcoin. They can not collect any tax on bitcoin. And the think it hamper their national economy.

[GeorgeEden]

Some countries are all ready going to against bitcoin. Because they have no control about bitcoin. They can not collect any tax on bitcoin. And the think it hamper their national economy.

I think all the countrys are goin to get used to bitcoin and they are goin to support now that im thinking about it. Because , they cant just go against bitcoin like 1-2 countrys and the rest of it flow with it. They got to come to an agreement.