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Author Topic: Can we all please accept..  (Read 2115 times)
jpespa
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May 15, 2018, 09:50:23 PM
 #381

Yeah most government will definitely ban bitcoin but I don't think just because of bitcoin their currency will be weaken because first of all each country's currency was created to get circulated in their place. The government just don't accept the fact that some of their people are earning money without paying tax because they cannot impose tax on bitcoin.

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Baby Dragon
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May 15, 2018, 09:59:01 PM
 #382

Accept the fact that most of governments will oppose crypto currency. Obviously there are some countries who have decided to embrace the future, but let's face it, most of governments will stand against. Who likes their currency to be weaken? Every time a stupid country opposes bitcoin, there is so much fud and a great price drop.

China bans mining

South Korea will not ban crypto but obviously does not welcome it

India banning crypto

I fully expected this resistance from governments.

Don't be surprised if more countries come out against bitcoin

Some government bodies are just that greed for money because they can put tax to bitcoin. There is a lot amount of money circling in bitcoin and what they all care about is how much would they benefit from it without doing anything. But it doesn't work in cryptocurrency. This industry is not for the government, it is for the people. So I will continue this market no matter what happen.

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yoseph
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May 15, 2018, 10:17:51 PM
 #383

Accept the fact that most of governments will oppose crypto currency. Obviously there are some countries who have decided to embrace the future, but let's face it, most of governments will stand against. Who likes their currency to be weaken? Every time a stupid country opposes bitcoin, there is so much fud and a great price drop.

China bans mining

South Korea will not ban crypto but obviously does not welcome it

India banning crypto

I fully expected this resistance from governments.

Don't be surprised if more countries come out against bitcoin
I actually don't see how bitcoins and the other cryptocurrencies are going to weaken the national currency of national countries. Look at the USA who have accepted bitcoins and are now making money from when people cash out their bitcoins.
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May 16, 2018, 07:17:06 PM
 #384

Indeed, most countries are against it, but with the development of blockchain technology, cryptocurrencies they will still have to give way to the crypto-currency, so that it finds its place in the country.
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