War on cryptocurrency!

[KevinHD]

War is an exaggerated term to use in the government's fight against cryptocurrency. I suggest that you search in this forum. Many have answered those kind of queries.

But let me answer it. It is only because cryptocurrency and blockchain technology can eradicate the use of physical banks as their transactions and transaction fees are slow and pricey.

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[higgidave]

Cryptocurrencies generally are emerging technology which the government is trying to figure out a perfect way of adopting it into the main economy. There are also other areas of concern such as tax evasion, money laundering etc, which government wants to block.

Since government does not have any desire to acknowledge digital money because of its vulnerability and volaitilenature . It is so difficult to pass a law that will empower and acknowledge digital money in that specific nation.

[ReneFigaro]

The war on the cryptocurrency market does exist? Or is it just an underground battle between the giants grasping this market?

[gonzadz77]

Cryptocurrencies generally are emerging technology which the government is trying to figure out a perfect way of adopting it into the main economy. There are also other areas of concern such as tax evasion, money laundering etc, which government wants to block.

I would see it I am in favourof bitcoin and love the manner in which digital currency being made. It is only some are govt / people dislike  that bitcoin thinks the negativeness on it.

[naily]

there will be a lot of price movements and the movement will be very fast and there will be a principle that has a lot of capital so that is the winner and the war on cryptocurrency seems like this can happen when bitcoin is made into a war tool

[wendiar19]

war on cryptocurrency seems like it will happen and may be used as a price war and many will make buying and selling movements quickly, it is better for us as traders to use their movements to seek profit if the war on cryptocurrency occurs.

[nur rochid]

there will be a lot of price movements and the movement will be very fast and there will be a principle that has a lot of capital so that is the winner and the war on cryptocurrency seems like this can happen when bitcoin is made into a war tool

in addition to price wars, they are also wars to spread good or bad news, to support their goals. of course news that can affect the thinking of traders who will win the fight

[BagzMM]

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

I think its not a good term to use the word "war" about the government against bitcoin. We know that cryto currency is decentralized it is just misconception of others about that government doesn't have power to regulate. Its not a total war but a matter of competition on the market.

[BitcoinTurk]

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

Since many states are new technologies and there is no regulation, they want to avoid cryptocurrencies. In fact, it would not be enough to stay away from their country of use with certain prohibitions to prevent the use of wants. Although this technology has reached a much better point in the states, although they will accept the use of these money are not suitable for the moment they are saying. Of course, although not in the near future, each state will create its own cryptocurrencies and these cryptocurrencies will be available to be regulated. Just like exchange rates, prices under state control will change digitally.

[ronics]

when you're going to be exactly the war you think, in a code there's going to take its course, as other warfare is an idea or thought! governments are fighting against it with the strongest evidence that abolishes a utility of crypto, the change it calls only to people who have not been rebellious and are committing parts of the owners of a crypto that you have to do this to work

[nickwen]

The Government of the world afraid that the power of the growing electronic money and exert opposite effects up the banking system. The Central Bank does not control the flow of money and national finance. It may be the main influence for money, and there is a war against an electronic money

[Google+]

I don't think it will be possible because this cryptocurrency will be driven by various countries from all over the world so that the cryptocurrency is not suitable if it is used as a place of war, maybe what can be done for war is a price war that makes the price of cryptocurrency dump and pump quickly but I am sure it will definitely make a profit for those who can use the movement.

[maxman190]

It is difficult for the government to control the cryptocurrency , because of this it tries to block it in every way or impose taxes.

[damageface]

What's more, how precisely do you figure war on a code will follow all the way through, as different wars on thoughts or ideas? governments battling it is the best proof that legitimizes crypto's utility, trades simply bait out individuals who are not yet in the insubordination and overload the offer of crypto proprietors who are in it to utilize it for a capacity.

[Kusnechik]

Governments do not know how to use cryptocurrency, so for now they are more opposing than helping.

[Marsel12]

I think that many people in the government do not understand what a crypto currency is so they are afraid.

[adamlillian]

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

Simply because its transactions are anonymous and blockchain technology is helping terrorists deal a lot in the sale of weapons and drugs. But it still makes many businesses better at crypto trading.

[tuhnupeppu]

I'm not sure what you exactly mean by war but if you are saying they are trying to ban it then yes. A lot of them have taken measures to ban cryptocurrencies. Not a good thing. Having cryptocurrencies is just a easy method to pay.

[esetop01tryba]

I think that this is largely due to the fact that it is unstable but I don't think you need to declare war since the future does not leave !

[sinkfish]

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

the war is direct to communities balance. not like they dont like crypto but people who use crypto for their own benefit which will jeopardize country economy.