War on cryptocurrency!

[Sled]

They are declaring war on cryptocurrenncies because they know that it is a threat for their country. Cryptocurrencies has a lot of positive things or characteristic from itself and one of the best is the decentralization that the people would love to have in the future because it is freedom and there is no controlling that will happen and that is the worst case scenarios that the government are afraid of, so they are trying to stop cryptocurrencies by declaring a war.

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[Sadlife]

That's a bit an over exaggerated expression governments are just planning on regulating it because many people are reporting of getting scammed by this so called ICO. Governments fear Bitcoin and other altcoins cause they think it's illegal and nothing but a ponzi scheme that's why they wont adapt and accept it.

[viananda2525]

They are declaring war on cryptocurrenncies because they know that it is a threat for their country. Cryptocurrencies has a lot of positive things or characteristic from itself and one of the best is the decentralization that the people would love to have in the future because it is freedom and there is no controlling that will happen and that is the worst case scenarios that the government are afraid of, so they are trying to stop cryptocurrencies by declaring a war.

they want to control it , in order to get taxes.money that circulate in cryptomarket have big value.so they want to money from this.and one of their strategy is declare war with it.

[maitexisi]

It's all about control and taxes. The government can't control the cryptocurrency. Investing in crypto-currencies is like putting your money abroad, which can have a destabilizing impact on the national economy.

So the government imposed regulation.

[Lorna111]

Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?

What can we expect from the centralized government that doesn't want decentralized crypto? They are well aware of what crypto's can do to the economy and as early as it is now they are recognizing the power of what crypto's can do. They are trying their best to regulate or ban bitcoin/crypto to avoid future conflict when it comes to their interest even the convenience of the people investing there will be sacrificed. And there are few countries that even started their very own crypto but its a failure.

I would say a lot of competition now posted on the market, every one would want to have their ALT coin on the number one status, we are aware of the issues on Regulation posted vs. crypto currency, the digital transaction is facing a lot of resistance by the government regulation, yes, we can see the emerging crypto coin by each business community or even the government. It is the question of stability, fundamentals, and the level of acceptance for the said coin on the market treed. This will be the never ending war or competition on the trading market.

[maculeth]

those who combat crypto are those who share the same thoughts. negative thinking on crypto, and other countries also follow. whereas for countries that have received crypto well, they have a much broader thinking for the future of a transaction and digital investment.

[Lorence.xD]

Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?

What can we expect from the centralized government that doesn't want decentralized crypto? They are well aware of what crypto's can do to the economy and as early as it is now they are recognizing the power of what crypto's can do. They are trying their best to regulate or ban bitcoin/crypto to avoid future conflict when it comes to their interest even the convenience of the people investing there will be sacrificed. And there are few countries that even started their very own crypto but its a failure.

Crypto currency competition is never ending, and a lot more to come, the issue on Regulation by each government on the digital crypto currency trading on this country will be more visible since the level of acceptance still facing resistance, yet, the business community are now talking about this issue, i am optimistic that it will be resolved in no time. Bitcoin or digital transaction remains on the market with stable price market value as posted, yes, the market are volatile, but it is but normal in every trading market.

[spongegar]

For one thing, crypto currency is new and they don't know how to deal with it. Next is these countries have been very much reliant on fiat. Lastly, they don't see how to profit from crypto currency yet. But the conspiracy theorist in me is saying that these countries have a vested interests in banks and fiat that the threat of a crypto currencies world is real.

[Wonder_woman]

Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?

Because of instead of people investing on usual business which could pay tax, many investors invest in crypto which can`t even pay tax or have any regulations.

[BILGPS]

Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?

In some of the countries bitcoin and crypto is declared illegal and because of this the war among many countries about bitcoin and crypto is started while some of countries are bitcoin friendly and due to this behavior many new projects and other businesses promoted due to this. I hope that in our country soon crypto will more popular.

[yanlap]

Bitcoin is abstaining from the fact that countries are not under their control. Many even go to the road of prohibition. In fact, blockchain technology is an area where countries need to develop themselves, but unfortunately, there is not much investment yet.

The reason for low investment is the unawareness regarding this amazing currency. Even in the fully developed states, not everyone is using bitcoin technology. Where it is legal, even there people are not confident about the profits they could gain from investing into it. All these factors and many other contribute to less profit that countries are making from this amazing creation. People should take keen interest in it.

[Lady Coquet]

Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?

In some of the countries bitcoin and crypto is declared illegal and because of this the war among many countries about bitcoin and crypto is started while some of countries are bitcoin friendly and due to this behavior many new projects and other businesses promoted due to this. I hope that in our country soon crypto will more popular.

I believe it is true there are some countries who have already accept bitcoin and some are don't because the government can't control bitcoin that they want to have shares in bitcoin and there are people who uses bitcoin in illegal activities such as scams that is why the government declaring war on cryptocurrencies.

[Kwadwogray]

Wars on cryptocurrencies would just be a never ending war. Crypto is the true people's champion and the importance of blockchain is being realized daily.

[weblouartisan]

Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?

There should be no war on cryptocurrency because bitcoins is helping different lives of people on their country and they are having a freedom in terms of living since they are not required to work on the corporate and have a very small salary.

[Kemarit]

Wars on cryptocurrencies would just be a never ending war. Crypto is the true people's champion and the importance of blockchain is being realized daily.

The technology behind, Blockchain is a different thing. Government won't attack it, actually most nations really love how this technology works and even thinking of having their own blockchain project for government and non-government. But bitcoin and crypto is different, they doesn't like anything that they can't control that's why almost every nation is against it, but the good thing is that there are nations who really thinks otherwise, so its mean there will be a continuing battle, never ending but we are going to survived all this test and still flourish although with heavy regulations.

[mornabo]

Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?

They can start a way but they will never win just like drugs that they can remove in their own country, cryptocurrency is helping the lives of different people so they will not be able to stop people because it was a good thing for everyone.

Yeah you're right, they will not be able to stop cryptocurrency, if drugs damage people could keep walking, let alone cryptocurrency that helps many people to improve their economy? of course crypto will always exist, afterall cryptocurrency runs on the internet, government cannot do much to ban cryptocurrency

[qiman]

The nations that embrace technology and innovation are backing Bitcoin and digital currencies but the governments that feel that these currencies post a threat to the very fabric of their control and existence, will step up and try to scare away anyone dealing with crypto currencies at large and will bring in bad types of governance and also regulation to go against crypto currency markets. Fear is what drives everything into the negative. If they embrace the technology they have no fear of it controlling them, like what Malta and Switzerland are doing.

[burnchan]

Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?

Crypto currency is additional supply of money on top of the fiat which are controlled by the central banks. So, people are earning on it while the government did not have anything on it. That is one of the reason why government wants crypto to be regulated and to be taxed. The worst scenario would be banning crypto in a country. So, regulating crypto is lesser evil than totally banning it in a country.

[deppil]

Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?

They can start a way but they will never win just like drugs that they can remove in their own country, cryptocurrency is helping the lives of different people so they will not be able to stop people because it was a good thing for everyone.

Thats true. the government can do anything to prohibit the use of bitcoins such as creating rules and laws for cryptocurreny. but you know that bitcoin transactions can be used undercover. although the government forbid bitcoin. it will not make bitccoin die. users still easily make anonymous transactions

[Haterstestbtc]

The war on cryptocurrency means implementing a strict regulation that prohibits the nations or a country the usage cryptocoin that may affect to the economic stability of a country like China who strictly war against the cryptocurrency development that can cause the inbalance of stock market in a country to the real world. In addition to the topic make in a sense of descrimination that holds the development of digital market into a real world.