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Hagmonar
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April 23, 2018, 01:44:28 AM |
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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.
I think because bitcoin is fully discentralise and untrackable of who is realy the identity of the owner is not expose and they cant control the flow of bitcoin. They dont accept crypto currency atleast for now but maybe in the future they will slowly accept bitcoin as mode of payment. |
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Gulayman
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April 23, 2018, 01:46:11 AM |
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Probably what they fear is because bitcoin/cryptocurrencies are decentralized, and they don't have the power to control it. Normally, the government would fear for something that is beneficial to the community, continually growing positively, and they can't control. I guess their strategy is to manipulate the people, who majority doesn't know that much about cryptocurrency, by saying that it's dangerous to them. It can be easy for them, unless someone would educate them.
I agree, this is what I think. Some government afraid in BTC because it can't handle it and they have no power to control it. They can't put tax in it, and they didn't know the transaction inside it. |
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renggileh
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April 23, 2018, 01:55:34 AM |
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high price itself wherein people are really looking forward to learn how to earn and use bitcoin.With this,the government might fear that people will no longer patronize their own currency and start to evade taxes since bitcoin is tax-free.But that is too far to be possible because most of the establishments today still prefer to accept fiat currency than paying with bitcoin,although some shops are accepting it already.
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Rrtt
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April 23, 2018, 01:59:17 AM |
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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.
The government's primary role is to protect the people in there country. Maybe the indian government is not yet that complacent in bitcoin that is why they ordered that notification. I hope that they will continue to explore more in bitcoin so that they can see its worth to the people. |
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Mazda17
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April 23, 2018, 02:12:53 AM |
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Indian government, I bet, dont aim to make their own citizens to become rich. It's firstable. They are also worried about increment absence in situation when well-to-do person "give" money other person leaving government out.
A good opinion and I agree with your opinion. One's thinking is sometimes difficult to predict even the government is hard to guess so the thinking of a government or an actor sometimes only think about the surrounding and he is difficult to think of a happy society, so this government just wants to gain their own benefits and also sometimes vice versa. |
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Aufar
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April 23, 2018, 07:34:51 AM |
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I think it's normal for us to be afraid of Bitcoin, but we must overcome our fear of profit, if we are prisoners of our fear, we can not change our status because we are not trying another way.
Bitcoin's digital world is already helping and providing jobs for people who are unemployed and providing opportunities for the poor to become millionaires.
In fact I think why people find it difficult to acknowledge and accept the work of others. did not accept Bitcoin for fear. but instead created Crypto itself to compete with Bitcon.
why should we be afraid of Bitcoin?
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doraegun
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April 23, 2018, 07:54:51 AM |
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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.
Many different businesses affected if Bitcoin totally approve and primary use around the world. First: Banking Industry Second: Remittances Third: Transferring money using cellphone gadget these are the few examples if bitcoin become primary use that's why many country are not approved this kind of Digital Currency |
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Ondre
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April 23, 2018, 08:09:46 AM |
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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.
They fear bitcoin because other people use it illegally like they use it to scam people. They are also threatened that fiat will be dissolve in their country which banks depends on. |
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qyn0
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April 23, 2018, 08:11:26 AM |
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Bitcoin - and other decentralised cryptocurrencies - allow people to trade directly with each other, cutting out the need for a middleman which, in traditional commerce, is a bank.
Banks generally charge fees for doing anything with money, even just holding on to it. That's because the banks have created a level of trust that transactions pass smoothly and everything is recorded and accounted for correctly.
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bce
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April 23, 2018, 08:17:51 AM |
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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.
the possibility that the government is afraid of local currency competition and maybe the government thinks something that is bad for bitcoin why not cooperate for something better ahead |
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hh4mmm
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April 23, 2018, 08:24:45 AM |
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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.
Just to my views is a threat to banking system moreover government controls banking system but bitcoin is decentralized. |
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Sunyoto
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April 23, 2018, 08:28:47 AM |
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for everyone we would not be afraid to invest in bitcoin, although for our government there is no problem as well to do it, because for them bitcoin is also very useful for their better life, so now there is no prohibition for our government.
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SMD.Shuvo
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April 23, 2018, 08:34:33 AM |
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I think Bitcoin has such a good direction just as it has bad side. Some act as a threat to some people and work with some good people to some people. To me, this Bitcoin is a very good medium. It's true that I've got a lot of money in its money. The reason for this fear of Bitcoin is because some government governments say that it is illegal and a means to steal money, these issues have become very scary to me.
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TatarBit
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April 23, 2018, 08:47:38 AM |
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Many countries such as Russia are afraid that their earnings from taxes will go to 0. And over time people will stop using Fiat. Which naturally leads to the collapse of the economy of the state.
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jhache
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April 23, 2018, 09:03:04 AM |
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What the Indian government sent notifications for was that it is risky to invest in bitcoins and that one should take caution before investing in it and that the government doesn't supports it. The governments are keen to prove Bitcoin dangerous is cause it doesn't let them have any control over it and that is something the governments don't like.
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uchethiya
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April 23, 2018, 09:08:19 AM |
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In this type money, you can control everything. if you have money you can use money to have power,i think also they banned bitcoin in their country because it's not good in their economy like in china that leave crypto this year and it's give crypto so much impact in price like it down by 20%,we know some countries in good to do a business so think why they leave crypto because they can't earn here in crypto that's all.
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daarul50
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April 23, 2018, 09:17:05 AM |
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Has it ever occurred to us that countries that receive bitcoin are only countries with strong economies such as US, Russia, Japan, and others. No loss for them to receive bitcoin because the local currency of their country is also very strong even used by the world in all business and payment. Countries like India certainly do not want to receive bitcoin because it will not strengthen their local currency in the world.
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h31s3nb3rg
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April 23, 2018, 09:44:55 AM |
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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.
Every nation or government has a different perspective in bitcoin . We can't blame them because I think they're just protecting the people , as we all know fraud and scam are still circulating in this industry . |
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mihir2018
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April 23, 2018, 10:18:56 AM |
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You can get free Bitcoin with joining the campaign. It can be an easy way to get free Bitcoin. So, You can start.  Thanks |
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wer9d25gqj
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April 23, 2018, 10:24:57 AM |
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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.
bitcoin is not dangerous, people are. people sees bitcoin as a getaway method for their crimes, like those transactions and services that are related to crimes. bitcoin hides identities for both parties. these are criminals. others also sees that its price is very volatile, they use this idea to make an investment deals that requires networking. so if the bitcoin price drops, they uses this as their getaway method for scams. these are scammers. |
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