War on cryptocurrency!

[PatronRH]

The war on bitcoin is simply because bitcoin will make them use control over the nations and people it will cut their profits from taxes interest and other incomes.

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[rudito]

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

Bitcoin has grown very rapidly, and many of the people are using bitcoin. Bitcoin can be a serious threat to fiat currencies and therefore many countries are banning bitcoin.

[naidray]

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.

I guess it never will. Sometimes, when you think things are beginning to settle down, then you just see us going through the same cycle over and over again. Normally, no government will end up not perceiving a decentralized and uncontrolled environment to be a threat and they will likely find every means to want to control it or get it out of their faces.

I really want to see how all their shitty moves are going to be playing out in the long run anyway. Blockchain on the other hand, I believe is going to be explored by most governments eventually, but crypto is one thing we know would be hard for them to accept easily.

[leavolnhals]

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

I do not think it is a war, they are just trying to help the Crypto market become better. Having that statement means that Cryptocurrency needs to change the way it operates and should make transactions transparent. If that happens, the Crypto market will become safer and many investors will not have to worry about investing. That would make the Crypto market bigger.

[Golftech]

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

Bitcoin has grown very rapidly, and many of the people are using bitcoin. Bitcoin can be a serious threat to fiat currencies and therefore many countries are banning bitcoin.

For now, yes they are against from things that they've not yet understand, but after some time they will change that and will begin to embrace this system, many factors affecting the government to adopt crypto, they need a lots of things to consider before they can pen their eyes and see the
usage of this said system, without proper knowledge we can't expect them to just jumped around and begin to use the system, better to wait and
allow the chain to grow naturally and start being use and adopt all over the world.

[kisscoin]

Because they lose the most important thing-they lose control over the finances of their slaves! I hope that the cryptocurrency will win this war and stand up to the confrontation! Find the strength to resist the attacks to appropriate all the riches of the world a bunch of insatiable rats!

[112tigra112]

Because of many reasons, one of them in my country is that crypto ecenomy wont allow them to steal money from peoplle anymore

[bukuharian]

they may not get income from taxes on transactions or from income taxes, the absence of systems they can trace so it is difficult for them to control in case of btc abuse itself

[longskie0327]

Its not war rather against it because they were threaten by so many investor who are now interested to invest in crypto and they were aware of the effect of bitcoin to them that is way they make all effort to go and make war to what they seem an enemy to them.

[minthit]

That was not war. Governments are fond of it. When people are fond of cryptocurrency, government will hardly consider declaring war on crypto. It just means that a new economy is emerging and governments are looking for their role in it.

[Ikay]

As far as I know they cannot hold cryptocurrencies it self because many project, company are making coins or token by their self and government are nothing to do with that so they thinking that they want war to crypto to own it.

[supercanada1]

Because of many reasons, one of them in my country is that crypto ecenomy wont allow them to steal money from peoplle anymore

If by war you mean ban so yeah there are many countries that have banned crypto currencies due to many reasons. First is that hey are not going to get ant income tax earned through crypto currency. Second is that even if they implement regulations and laws and tax the users, they will do so according to the international law and might not be able to hurt the investors that much. They also fear because they know the crypto world is uncertain and this uncertainty is dangerous for their economy. Besides, the technology can also affect the banking sector which might not be desirable.

[andrei56]

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....

Do you really think they are that dumb and they do not understand cryptocurrencies? Of course they do, that is why they are so afraid, governments have created the perfect system to perpetuate themselves in power by stealing most of the wealth of their citizens through taxes and inflation and bitcoin is the perfect way to avoid both without those two things governments as we know it will not survive.

[wewe123]

The war on cryptocurrency focuses on bitcoin and the banks , the fiat money, the gocernments ,first war on banks is the competence of banks through the investments, the war againts fiat money is the bitcoin is a cashless scheme of making transactions and payments, and the war againts government is that the government have no power ovet bitcoin, on taxes, monitor bitcoin transactions, and supervision over it, these are the wars of cryptocurrency in the digital world

[Lonthe]

Because of many reasons, one of them in my country is that crypto ecenomy wont allow them to steal money from peoplle anymore

All countries are certainly worried if cryptocurrency continues to improve then automatically people transition transactions from fiat to cryptocurrency and the state has no control whatsoever threatening the country's economy.

[Mahovik77]

right now I see kind of war between Etherium and EOS.Second one doing a great job,but in the same time attacks Etherium,probbaly to get there on the second line in market cap. What do yu think about it?

[Chachen19]

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

There is a riot between bitcoins and a government that is not accepting bitcoin today with the birth of many electronic coins that make them affect and dominate each other as they will say they are fighting. Each side of the picture, but in fact they complement each other to grow together

[redsun114]

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.

One of the reasons why the government will always find a reason to see how they will not stop the war against cryptocurrency. Actually, what most of them are doing now with the regulation policies is simply because the whole thing is totally out of their control but we all know that the governments all over the world are controlling punks and seeing a decentralized environment where a lot of people can easily skip the government bullshit, makes it even more of a threat to them.

[creeps]

As far as I know they cannot hold cryptocurrencies it self because many project, company are making coins or token by their self and government are nothing to do with that so they thinking that they want war to crypto to own it.

Government are trying to control the market of cryptocurrency and they think its possible by making a regulations but in reality they cannot control it, because many big countries are making cryptocurrency legal so basically they cannot control it. Cryptocurrency will be great in the future because it is already supported by the big countries and I believe some country will also make this as a legal currency.

[julzcoinbit]

As far as I know they cannot hold cryptocurrencies it self because many project, company are making coins or token by their self and government are nothing to do with that so they thinking that they want war to crypto to own it.

Government are trying to control the market of cryptocurrency and they think its possible by making a regulations but in reality they cannot control it, because many big countries are making cryptocurrency legal so basically they cannot control it. Cryptocurrency will be great in the future because it is already supported by the big countries and I believe some country will also make this as a legal currency.

Yeah, you're right mate and those big countries like Japan Is really make a deal Into cryptocurrency by developing bitcoin Into their country. And as what you had mentioned some government who against cryptocurrency,  especially In bitcoin are just only regulate but can't stop and control by their government.