War on cryptocurrency!

[7788bitcoin]

Your government want your money.

The main thing any government wants is the complete control over their population and this market could interfere in their political and economical system and so is the reason some countries are against these sort of development and they see it as a parallel economy and used for illegal activities but the truth are far from it.

[Sam02Sung]

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.

[queenlaurel]

The government won't accept why they can't control or gain from. The government as a whole is made up of human beings who makes decisions for their people and if the government of that country says no then it's no. Bitcoin will not give them access to people's account, again it will be difficult to collect tax and monitor transactions since it's a personal thing.

[andrei56]

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

Even if a government forbids something it is very difficult to catch people doing it, people can take a lot of measures to mask their bitcoin usage and unless it is forbidden all over the world they will always find a way to circumvent the laws, if governments cannot stop piracy over the internet they will not be able to stop cryptocurrencies at all.

[AsianNapoleon]

there's no way Govt can control us

[andriarto]

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

Even if a government forbids something it is very difficult to catch people doing it, people can take a lot of measures to mask their bitcoin usage and unless it is forbidden all over the world they will always find a way to circumvent the laws, if governments cannot stop piracy over the internet they will not be able to stop cryptocurrencies at all.

there is always a way to Rome, maybe that's a good proverb. besides that i think technological development can not be prevented, then later the government will allow it also and make regulation of cryptoworlds

[Tynovten_]

There are always pro nd contra of course the government so far hasn't been able to how to count the tax collection of crypto. That's one reason crypto continues to be rejected. Not only that to stop crypto steps a lot of speculation is raised. But it doesn't decrease the intention of new investors to come.

[marcbitcoins]

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

Most likely they think that Bitcoin is a threat to the country that they are afraid because crypto is decentralize specially that the transaction is difficult to trace in which they are afraid that it might be use in illegal activities like money laundering, smuggling and fraud investments. Fear is the main reason but to think that this fear can be overcome if they will just regulate it well this investment.

[Pattart]

They'd call ceasefire when they gain control of cryptos.
They'd shift grounds when you pay them taxes.
They'd give you room to play when you need licenses and permits from them to get involved in cryptos


Your government want your money.

Yeah that's the key. actually the root of the problem from the government's ban on bitcoin is about finance right? because the government is afraid of many people hiding their income and not paying taxes and allowing huge losses to the government? the government just wants your money. if you want freedom to use bitcoin then you should be prepared with taxes

[skaynet]

Because crypto can not be regulated this is why the country is fighting crypto and I think this country is also afraid if the currency of their country will not be used again.

[Leyss]

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

I have not yet noticed that governments simply declare war on the Crypto-currency. Such a government in a normal country risks not surviving the next regular election. Governments are in no hurry to legalize the crypto currency, it's true. There are many reasons for this. First of all, this is a new phenomenon, and even in such an area as finance. And it appeared suddenly out of nowhere, from the air, or rather, from the Internet. And such a miracle claims to cost thousands of times more than any national currency of any state. At the same time, it is absolutely uncontrolled and capable of withdrawing from the country without any control any amount of financial flows. There is something to think about.

[rickadone]

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.

Irrespective of any war the government may want to set on the crypto world, I guess it will just keep backfiring and exposing all their shenanigans eventually. It just seems in some countries, the government is just hell bound in not progressing.

Recently, I have been reading some news about Zimbabwe and the Central Bank requesting all the crypto related accounts of exchanges to be blocked despite the way it has been helping the economy from all the hyperinflation it has brought to its own citizens. What perturbs me is the fact that they just keep rubbing their failures to the eyes of the people and not even ashamed about it. What a whacked system

[concept2]

Your government want your money.

The main thing any government wants is the complete control over their population and this market could interfere in their political and economical system and so is the reason some countries are against these sort of development and they see it as a parallel economy and used for illegal activities but the truth are far from it.

Yeah I just simply think that the governments can hardly have control over this cryptocurrencies and they are afraid of not having any power to their people so their solution is banning it. And they live on our money so it's easy to see why there is war on this matter. But I believe that one day cryptocurrencies will win the heart of the government and become more widely used.

[Ronyx]

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

The government has fiat currency as a symbol of a country, and paper money has existed for a long time and is used for transactions in a country. And with the existence of a cryptocurrency, it could threaten the existence of fiat currency, and therefore the government does not like cryptocurrency.

[Flayme]

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

Because the main reason why of it because they didn't understand the uses and importance of it in the future.....  They declaring war on it because they simply didnt understand it.... They keep not understanding it because they are a narrow minded and they treat it as a threat....  But a lots of country also that legalize it and we are hoping that every country will follow it....  Because BiTcoin and cryptocurrency is truly great....

[Ondre]

Cryptocurrency can treatened the use of fiat currency, since each country represent its own paper money and the existence of digital money could extinct fiat so i think instead of making digital money as treatened to each government they should either embrace them.

[Black Angel]

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

Because the main reason why of it because they didn't understand the uses and importance of it in the future.....  They declaring war on it because they simply didnt understand it.... They keep not understanding it because they are a narrow minded and they treat it as a threat....  But a lots of country also that legalize it and we are hoping that every country will follow it....  Because BiTcoin and cryptocurrency is truly great....

The most feared thing of the country is of course because bitcoin and cryptocurrency are anonymous so it is feared to be a place to hide money to avoid taxes and be prone to use for illegal transactions.

[Ondre]

They'd call ceasefire when they gain control of cryptos.
They'd shift grounds when you pay them taxes.
They'd give you room to play when you need licenses and permits from them to get involved in cryptos


Your government want your money.

I agree, though there are reasons why those are being followed, because they want holders to enjoy bitcoin. How we earn from it and how should we lose.

[Rakesh_alejandro]

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.

but I think it's not going to happen. they can only be put tax in the objective of transaction easier. government would like to post a tax in any transaction of crypto to currency Fiat. without tax it illegal to them. when they start wearing tax, definitely Bank will fear that crypto will eventually be replaced the currency Fiat.

[bitadviser]

Who are behind governments? Banks? Federal reserve? Who make wars on the earth? Who wants to pitting people? Who wants to control internet and money?
F**k this s**t, ppl dont wanna do it again, with new technologies we dont need to kill each other, we dont wanna suffer, better invest money into social care and other things that are usefull for ppl instead make a new weapon