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Author Topic: Fear of bitcoin  (Read 1862 times)
Gen-8
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March 05, 2018, 09:38:47 PM
 #321

What is fear of bitcoin Huh?
of bitcoin we can work more independently and we get science about the world of investment for the future later.
as long as all are run with good intentions and positive, will definitely get good too.
fear is the LORD, and our parents.
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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March 05, 2018, 09:47:00 PM
 #322

Because government wants to get a huge amount of tax from your hard earned money. And they dont want to see Banks struggle because of bicoin.

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March 05, 2018, 09:54:28 PM
 #323

The government is just trying to protect its people from being scammed. In some countries despite the warnings from the government to citizens not to invest in Ponzi they went ahead to invest which many people later regretted their action, so the government is afraid that its people may be scammed as a result they are protecting the interest of her people.

Bitcoin is not a scam and governments are just corrupted that's why they are banning cryptocurrencies in other countries, another thing is that, government is also afraid of losing people to work on their companies.
reinielle26
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March 05, 2018, 10:00:37 PM
 #324

Why are some governments so keen to prove that bitcoin is dangerous. Recently, the Indian government sent notifications to the citizens that they should not invest in bitcoin.

As we all know, governments are composed of corrupt politicians. Maybe because they cannot get a big amount of money since there isnt any charged tax in bitcoin. It is difficult for them to manipulate it.That is why they are against it and they say bitcoin is dangerous. That is why they are obsessed to make us believe that we should not invest in it. They want to eliminate bitcoin so that they could get alot of money from us.  Cry
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March 05, 2018, 10:06:59 PM
 #325

Were all fear if the bitcoin has been lost, especially those people who have fear is anyineone who experience the benefits of a bitcoin, but hold on, we need to work until the bitcoin will arise someday maybe its possibility that the bitcoin can change our money those country also who accepted or legally in bitcoin. The reason why the poor can be rich if he really know the bitcoin forum for transaction... Smiley
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March 05, 2018, 10:07:41 PM
 #326

Were all fear if the bitcoin has been lost, especially those people who have fear is anyineone who experience the benefits of a bitcoin, but hold on, we need to work until the bitcoin will arise someday maybe its possibility that the bitcoin can change our money those country also who accepted or legally in bitcoin. The reason why the poor can be rich if he really know the bitcoin forum for transaction...
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March 05, 2018, 10:07:57 PM
 #327

Were all fear if the bitcoin has been lost, especially those people who have fear is anyineone who experience the benefits of a bitcoin, but hold on, we need to work until the bitcoin will arise someday maybe its possibility that the bitcoin can change our money those country also who accepted or legally in bitcoin. The reason why the poor can be rich if he really know the bitcoin forum for transaction... Smiley
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March 06, 2018, 05:54:57 AM
 #328

This is because the govt knows about threat to digital currencies when they are circulated in the net world
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March 06, 2018, 07:19:09 AM
 #329

all fear in bitcoin mostly to all banking system and also the government. If the bank failed to adopt the bitcoin currency in their transaction this is treat for them but if they adopt the technology to their system no fear at all for bitcoin.

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March 06, 2018, 07:22:36 AM
 #330

if I'm not afraid gan. precisely I am happy with the presence of bitcoin so I can invest in bitcoin .

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March 06, 2018, 08:00:38 AM
 #331

Many countries are afraid of bitcoin maybe it is because of their lack of knowledge about it and also the capability of their technology to handle such cryptocurrencies like bitcoin. We all know that bitcoin is very powerful and it can rule a certain country and without proper knowledge and capability to handle bitcoin, it may also lead to different glitches in a country's currency field. There should be an advanced technology for a country so that they can mobilize the flow of bitcoin and they can make different transactions smooth.

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March 06, 2018, 08:08:19 AM
 #332

The government is just trying to protect its people from being scammed. In some countries despite the warnings from the government to citizens not to invest in Ponzi they went ahead to invest which many people later regretted their action, so the government is afraid that its people may be scammed as a result they are protecting the interest of her people.

Bitcoin is not a scam and governments are just corrupted that's why they are banning cryptocurrencies in other countries, another thing is that, government is also afraid of losing people to work on their companies.
Bitcoin can give us better income compared to my/our works. Especially those who only earn minimum wage. I can say this things because I already earned some good income with crypto. Moreover, I agree with you that the government is afraid of losing some of their workers due to the fact that crypto has a better income compared to their daily works.
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March 06, 2018, 08:13:55 AM
 #333

Bitcoin is very changing the lives of people and even more so can change all the usual economic way of the state. Moreover, bitcoin cannot be controlled by the government, and the state cannot afford it because of security.  I understand this fear of bitcoin that way.
Fear and love have no effect. We are afraid of bitcoin because it has no control. It will fall below our bottom line at any time. But love of bitcoin can solve a lot of our troubles, at least for the most part.
BTCsuccessor
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March 06, 2018, 08:18:24 AM
 #334

Why are some governments so keen to prove that bitcoin is dangerous. Recently, the Indian government sent notifications to the citizens that they should not invest in bitcoin.
Other countries fear. Because they fear that one day, no one will invest in their country. They are afraid that one day the investors will be down in their country.
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March 06, 2018, 11:34:26 AM
 #335

Bitcoin is very changing the lives of people and even more so can change all the usual economic way of the state. Moreover, bitcoin cannot be controlled by the government, and the state cannot afford it because of security.  I understand this fear of bitcoin that way.

Bitcoin can change the life of different people for better or for worst, cryptocurrency can be used by anyone just like terrorist but then, they should not ban bitcoins because it is helping people a lot to sustain their daily needs.

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March 06, 2018, 12:15:32 PM
 #336

Some government think bitcoin is scheme or illegal, because bitcoin is decentralized and they don't have power to control it. The government fear that people will no longer patronize their own currency and start to evade taxes since bitcoin is tax free. That's why some country banned it.

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Jazvebtc18
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March 06, 2018, 12:22:53 PM
 #337

Why are some governments so keen to prove that bitcoin is dangerous. Recently, the Indian government sent notifications to the citizens that they should not invest in bitcoin.

Some government are afraid that bitcoin will ruin there their countries regulation. Bitcoin claims that “It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen.” That lack of central authority is the primary reason governments are afraid of the cryptocurrency.

Government also afraid that they will use bitcoin in crime. Drug trafficking, prostitution, terrorism, money laundering, tax evasion and other illegal and subversive activity all benefit from the ability to move money in untraceable ways. But if government will only understand the ways of bitcoin trader and understand more for sure all their worries have solutions.
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March 06, 2018, 12:26:47 PM
 #338

Why are some governments so keen to prove that bitcoin is dangerous. Recently, the Indian government sent notifications to the citizens that they should not invest in bitcoin.
Well my fear in bitcoin is stopping this wonderful oppurtunity and scam my joining campaign so that  my fear im bitcoin, but bitcoin is my greatest and help oppurtunity
TheGodFather
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March 06, 2018, 12:29:42 PM
 #339

Why are some governments so keen to prove that bitcoin is dangerous. Recently, the Indian government sent notifications to the citizens that they should not invest in bitcoin.

That’s because to implement the ban of bitcoin they have to ensure that they tie up the loose ends and one of the things they have to do that is to ensure that the citizenry that they have moreover the people of the country they are governing yields and understoods their regulations. tHat is why they are sending that notification as a reminder to their public that cryptocurrency is unlawful in their borders and that is a crime against them thus reinfocring the ban of bitcoin to them
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March 06, 2018, 12:34:50 PM
 #340

Because of scammers that initiate that gathers groups of people to invest but just runs away with their money. These people give cryptocurrency a bad name. You don't have to gather a lot of people for it since you can just invest yourself. Too bad it's a domino effect.
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