War on cryptocurrency!

[zhuiyongliang8]

Some countries believe that bitcoin could undermine the country's banking system and thus destabilize the national economy.

Maybe that's why they try to control it, or ban bitcoin.

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[MakLampir]

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.

[hexline11]

Not all government in any country is against with cryptocurrency. Some support the industry which can also help to provide the needs in all country.

[knight20]

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

War on crypto currency its means because of many people who are withdrawing money from what they earn in crypto
currency now government are alarmed that this kind of currency that may affect the economy of a country and the imbalance of the stocks.

Also the competition of all cryptocurrency are maybe also could say the war on crypto currency. But they know that bitcoin is the king of all crypto currency the others altcoin are competing what coin will be possible to follow what bitcoin can do right now.

[richmcrich]

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

they will not be able to stop the cryptocurrency system, because the crypto system is free and can not be stopped by someone or a country, so in my opinion it's just useless

It is like, please try your hard to make this stop but you wouldn’t be able to win. This is same scenario right now with bitcoin and other crypto. There are so many people who grouped together to make this happen and want to start a war against crypto. But crypto have made such strong hold in the market and in hearts of people that it is now near to impossible to end them.

[lelangsabun]

yeah that sounds overstatemen i think, many people are looking for the best crypto that are very profitable and comfort use with them

[TheGreatPython]

war cryptocurrency seems the government is fighting cryptocurrency by not accepting and will not legalize cryptocurrency as a valid payment instrument.

First hope for peace, if situations are alright everywhere then all the users of crypto market will go smoothly and the sources will help users without any hurdle. In case situations are not going good then crypto market will be affecting a little and the main affect will be on the users so hope situations go well and all the users get benefits from the Bitcoin and other cryptocurrencies.

Let’s hope for the better external conditions and a favorable environment for us and markets. Incase situations go wrong then situations will affect us and our investments or market. As we know that there are also tough competitions on Bitcoins due to its high potential, strength and response. Investors are furious and want to get this valuable coin by any affordable price.

[santino11]

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

they dont want the monopoly and corruptions to end.
they dont want to have democracy on currencies.
They dont want to make ELITES poor.

[Fappanu]

Could it be because of a series of scams that are happening now that the name of the bitcoin is involved. It is difficult to explain Bitcoin and its system especially in the government that it is difficult to talk about it. So it's best to delete people who use the name of bitcoins that actually break the name of bitcoins. These are the users for their pyramiding schemes, investment scams that use bitcoins for payment.

[Zonece]

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

I think the government is too afraid the crypto currency will replace the fiat currency, and therefore the government makes a ban on crypto.

[luckyluigi]

I think it is happening because the government are affraid of the impact, that crypto can have on the economic system of a particular country...

[Epimetheus]

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

Many government show different attitude towards Bitcoin.Bitcoin is  a decentralised currency which means it doesn't comes under control of any single person or authority  or no government can control it. This is the one of the main reason behind war on cryptocurrencies. Bitcoin affects many country economy growth, because of Bitcoin the financial growth of money country affects and this thing happens because bitcoin affect their country own currency. Bitcoin is also accosiated with criminal activity because of this many government dislike Bitcoin in their country and want to stop bitcoin in other countries also.

[Pab]

There was very good interview with CFTC director.Now CFTC  wants to investigate illegal trading done on biggest btc exchanges.He is very positive for cryptocurrencies saying that crypto will provide change in financial world
Like in any beginning of new technology there is a lot scams but like he is saying there is also a lot of value in crypto.He told that regulators simply don't know what to do with crypto so most simple way is to ban them

[RainyDay23]

There is no war on crypto I think. People just tend to be a little paranoid. Sure the government wants to collect taxes and all, but it's not a war.

[romero121]

Price fluctuation takes place quite often, very few users among the entire list of user base considers it as a normal incident and tries to stay active in the market. While at the same time, majority of the users who have made their investments over bitcoin in a dilemma just stay in panic leading path for the price instability to continue causing continued downfall.

[NewCenturyBTC]

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

If you cannot control your blood, you can live? Monetary have big effect to economics.

[systematicdeception]

The main reason for pessimists is that the Bitcoins are outlawed and that their cost is artificially inflated. They are sure that governments will never legalize the currency with such prospects. The second weighty argument against the Bitcoins is the question of the security of your virtual money. If you lose or steal coins, no one will return them to you, as it is impossible for someone to prove anything and return it.

[nikola22]

governments want to control financial flows in their countries and they can't do this with cryptocurrencies that's why they prefer to ban them or limit their using.

[buy-it]

The Government of most countries are still seeing Bitcoin as a tool that can distort the economy's economic activities of the society just because it is Deregulated and at the same Decentralized. Hence, it is given rooms to Criminalities where indigents or the country's residents are being scammed uncontrollably or uncheckably. The Governments wants to fully support what they have full control over.

[wxa7115]

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

Because they understand very clearly that cryptocurrencies are a big threat to them, the purpose of a government was to help organize the society and to help their citizens and yet once the government is in place they only care about maintaining their privileges and to live out of people instead of serving the society and they feel their days of living out of the people are coming to an end.