Goverments to go AGAINST Bitcoin

[mysacrifice]

Yes they could be against bitcoin since they cannot control it, they could use their power or authority to discourage people from using it. In my country, there are already a lot of news about bitcoin, even the central bank of my country said that btc is not for investment but only for minimum transactions. They are not too direct about it but I do know governments are already watching for btc because it might really pose a threat for them

Same opposite propagandas are happening in my country too. They are clearly trying to scare people so people doesn't invest crypto currencies.

The reason why governments doesn't like blockchain is all about tax issues.

[Samings]

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

some Goverments start going AGAINST  Bitcoin like Nepal as example.
some try to ban it like Russia and other allow it like Japan
yes there many chances goverments to go against bitcoin

[jeffer8035]

They have been against the government and banks for a while now and they are the ones that have the economic power and control of populations and that is what they are afraid of losing the control that they have in everything, that is why they always have bitcoin is attacked every time with rumors with haker misinforming and bankers that what they do is to lower the price for them to buy and also have control of the crypto

[seizetehday5]

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

For starters bitcoin is against governments and banks that is what it was set out to do. And yes they will of course create their own cryptos and go against bitcoin it is only natural. They were never going to lie down and take what is happening. Read right now that England is looking to digitize their Sterling into a crypto, no surprises there now will be interesting to see how many people use it in England.

[marcuslong]

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

Well, many governments will able to go against Bitcoin because Bitcoin is anonymous. You can easily transfer and transport a big value of money anonymously in just a second and some clicks. It may also cause money laundering. Bitcoin is not controlled by any government so that, Other government may also against bitcoin. And last, Bitcoin is a currency and building transactions without any taxation that is going to happen. It means, Bitcoin is avoiding to have tax in government.

[sp01_cardo]

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

Well it is a yes, governments are against with bitcoin. And also banks are against with bitcoin because if it happen that bitcoin became legal in all countries and using it. Banks will crash because bitcoin will become like a bank,most of the money will invested in bitcoin not in the banks.

[chrmn27]

Obviously, one of the reason why the government is against bitcoin is because there are no tax rulings over cryptocurrency yet (in my country). Hence, the government can not harvest taxes over bitcoin. And as we all know, it is not of the government's liking.

[arrmia11]

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

Of course there is, there were already countries who banned bitcoin because they cannot control the number of users plus they doesn't know who the owner is. In the case of our country, there is a possibility also because the tendency is that people will not save their money on banks instead they keep in their own crypto wallet.

[shinjunobi09]

Of course some countries can go against this because there is no tax fees among it and considering the fact that many transactions going on here in the cryptocurrency are untraceable and very private it help them avoid being monitored by the government and will go against the anti money laundering act of the central bank because may never know the source of income of the person.