Can We Consider Bitcoin To be An Anti-Government?

[CryptoBry]

Bitcoin is returning back the power to the people to determine their own financial fate and to make decisions away from the controlling power of the government. It is proposing a decentralized world where power can be distributed and not concentrated on the few or the elites as some would say.

In my own view, Bitcoin is offering an alternative to what the government is providing. And on this ground, many government people are viewing Bitcoin to be an expression of an anti-government movement. This can be the reason why they do not trust Bitcoin and some are out to stifle its growth.

The fact the many governments are afraid of Bitcoin is a manifestation that Bitcoin is successful in getting the attention of the government and many institutional establishments as to the many ills affecting a centralized system which we have known since we were born into this world.

[betiteh0777]

Bitcoin is returning back the power to the people to determine their own financial fate and to make decisions away from the controlling power of the government. It is proposing a decentralized world where power can be distributed and not concentrated on the few or the elites as some would say.

In my own view, Bitcoin is offering an alternative to what the government is providing. And on this ground, many government people are viewing Bitcoin to be an expression of an anti-government movement. This can be the reason why they do not trust Bitcoin and some are out to stifle its growth.

The fact the many governments are afraid of Bitcoin is a manifestation that Bitcoin is successful in getting the attention of the government and many institutional establishments as to the many ills affecting a centralized system which we have known since we were born into this world.

yeah but they cant do anything about it, if they want to kill bitcoin they have to shut down internet haha

[penig]

Not really.  But many do because they have a misguided view of what government is and does.  They assume its purpose is to impose their economic will upon the people, when really they are passengers on the economic train trying to steer and control the speed of economy to benefit of all.  Government's principle function is to provide law, protection and stability to people's lives.  Bitcoin provides none of these.

Governments are not scared by bitcoin, some bitcoin evangelists want them to be so they can use bitcoin to advance their agenda of being anti-government.  Some governments are concerned about bitcoin influence and consequence, based on their instinct to be authoritarian in providing protection and stability.

[realcrypto]

Bitcoin is not an anti-government concept, The government know the truth about the way money works and they are trying with all means to prevent the common to understand the concept of money.

[Gontxi]

yes, I totally agree with what you say. this is the government's fear of bitcoin. but, not for an asian country. in some developing or poor countries, tends to the political elite play an active role to determine the ban, because the system is corrupt.

[flashbit]

Bitcoin is returning back the power to the people to determine their own financial fate and to make decisions away from the controlling power of the government. It is proposing a decentralized world where power can be distributed and not concentrated on the few or the elites as some would say.

In my own view, Bitcoin is offering an alternative to what the government is providing. And on this ground, many government people are viewing Bitcoin to be an expression of an anti-government movement. This can be the reason why they do not trust Bitcoin and some are out to stifle its growth.

The fact the many governments are afraid of Bitcoin is a manifestation that Bitcoin is successful in getting the attention of the government and many institutional establishments as to the many ills affecting a centralized system which we have known since we were born into this world.

I agree with that, we can see that in Venezuela where Bitcoin is called the "Lifesaving Currency" : Bolivar is now worthless and Venezuelans buy or mine Bitcoin to purchase food from online platforms such as Amazon to feed their families, they don't need financial institutions or governments which are corrupts anyway.

Venezuela is a good example to show how it can be used in IRL for the people. Bitcoin is the people currency.

[vv181]

Bitcoin is returning back the power to the people to determine their own financial fate and to make decisions away from the controlling power of the government. It is proposing a decentralized world where power can be distributed and not concentrated on the few or the elites as some would say.

In my own view, Bitcoin is offering an alternative to what the government is providing. And on this ground, many government people are viewing Bitcoin to be an expression of an anti-government movement. This can be the reason why they do not trust Bitcoin and some are out to stifle its growth.

The fact the many governments are afraid of Bitcoin is a manifestation that Bitcoin is successful in getting the attention of the government and many institutional establishments as to the many ills affecting a centralized system which we have known since we were born into this world.

Bitcoin created in the vision of decentralized peer-to-peer cash, so its safe to say Bitcoin is the solution for centralized economics. which fit perfectly into the anti-government movement.

I believe since the nature of Bitcoin is pseudo-anonymous, and governments see it as a threat to their nation like tax evasion and money laundering, so no wonder why we got negative sentiment from the government.

[HeRetiK]

Not really.  But many do because they have a misguided view of what government is and does.  They assume its purpose is to impose their economic will upon the people, when really they are passengers on the economic train trying to steer and control the speed of economy to benefit of all.  Government's principle function is to provide law, protection and stability to people's lives.  Bitcoin provides none of these.

Governments are not scared by bitcoin, some bitcoin evangelists want them to be so they can use bitcoin to advance their agenda of being anti-government.  Some governments are concerned about bitcoin influence and consequence, based on their instinct to be authoritarian in providing protection and stability.

Precisely. Just because Bitcoin is trying to break the governmental monopoly on money doesn't make it anti-government. It doesn't even make it anti-fiat.

Bitcoin is simply providing an alternative to traditional currencies and payment systems. And a much needed one at that, given the ever increasing push towards monetary control and permissioned payments -- both by governments and cooperations.

[jpespa]

Bitcoin maybe considered to be an anti-government and indeed it could be a threat to government. Considering that a certain government has been performing badly at economy, they might get afraid that investors who holds good amount of shares would not worry actually to pullout out what they have since they can shift anyway to bitcoin where the tax law can't reach them.

[bug.lady]

As long as you need to exchange bitcoin to fiat in order to make payments (bitcoin is currently considered to be store of value, not a currency) it will not pose any threat to governments. Contrary, governments can profit from it, either by taxing the capital gains on it or maybe less obviously: confiscating bitcoin used in crime and auction it (vide Bulgaria, USA).

Only bitcoin as a currency can provide the alternative to fiat (official currencies) and thus kind-of oppose the government monopoly in this area. Maybe LN will be the answer here.

[avikz]

Bitcoin is returning back the power to the people to determine their own financial fate and to make decisions away from the controlling power of the government. It is proposing a decentralized world where power can be distributed and not concentrated on the few or the elites as some would say.

In my own view, Bitcoin is offering an alternative to what the government is providing. And on this ground, many government people are viewing Bitcoin to be an expression of an anti-government movement. This can be the reason why they do not trust Bitcoin and some are out to stifle its growth.

The fact the many governments are afraid of Bitcoin is a manifestation that Bitcoin is successful in getting the attention of the government and many institutional establishments as to the many ills affecting a centralized system which we have known since we were born into this world.

Bitcoin is not structurally built to be in favor of government. Bitcoin has successfully implemented the idea of decentralization while all governments have a strict centralized policy. So bitcoin's idea is against the centralization policy of the governments around the world. Having said that, bitcoin is not a weapon we should use against government because governments are the supreme power here. We both needs to be accommodating to accept each other.

We can all take an example of Japan. Its government is similar to other governments in the world with a centralized banking system and a centralized economy. But Japan showed us how governments can accommodate de-centralized economy in to a main stream economy. They both can go hand in hand while people get benefited from the bitcoin investment and trading and government can get the taxes. It is a mutually beneficial arrangement and this is the way we all should think. Anti-government movement can't fetch us anything, instead it is wise to have both parties on the same side and make the most out of it.    

[krishnaverma]

In my own view, Bitcoin is offering an alternative to what the government is providing. And on this ground, many government people are viewing Bitcoin to be an expression of an anti-government movement. This can be the reason why they do not trust Bitcoin and some are out to stifle its growth.

I think we can have both systems running without any conflicts. It is hard for me to understand why the governments are banning crypto in their countries. This should be actually encouraged especially in developing countries where there are less earning opportunities in form of jobs.

[Ailmand]

Bitcoin is returning back the power to the people to determine their own financial fate and to make decisions away from the controlling power of the government. It is proposing a decentralized world where power can be distributed and not concentrated on the few or the elites as some would say.

In my own view, Bitcoin is offering an alternative to what the government is providing. And on this ground, many government people are viewing Bitcoin to be an expression of an anti-government movement. This can be the reason why they do not trust Bitcoin and some are out to stifle its growth.

The fact the many governments are afraid of Bitcoin is a manifestation that Bitcoin is successful in getting the attention of the government and many institutional establishments as to the many ills affecting a centralized system which we have known since we were born into this world.

I don't think it is. Although the government are hands-tied with trying to totally eradicate the cryptocurrency market because of the many things that are safely encrypted and comes with the private feature of cryptocurrency transactions, it could still regulate it and try to control it in many different ways for them to exploit and gain control of the profit it commands. There have been many countries that used the cryptocurrency market to actually improve their economies, and it also helped many people gain finances for themselves. How can you consider an industry that helps a lot of people to be anti-government, right?

[12tribes]

Not exactly. Bitcoin is a healthy alternative to everyday fiat currencies and offers one the opportunity of making payments even over the weekends when most government offices will not process the business transactions. It is safe, reliable and only requires the internet. It's details may not be manipulated or altered.

[michael shikany]

Yes, as in many Asian countries, most of the power is concentrated in the hands of a few, and the existence of bitcoin is likely to change that.
It may leave the country's residents with uncontrollable economic income, which is a problem that corrupt countries are reluctant to confront.

[xieqieshangu9]

There is no doubt that the bitcoin community is a large number of anarchist fundamentalists, and bitcoin has grown so far that many people are now worth tens of billions of dollars.

These people are free to allocate their own assets, not affected by the government!

So many governments are afraid of BTC and forbid it!

[talkbitcoin]

No!

because to put simply the government is not just money printing machines. there is a lot of other things that they do and bitcoin is just an optional currency that is not even big enough to want to do anything to the fiat world.

the governments are not afraid of bitcoin. some countries have corrupted government like India and China which are seeing bitcoin as something that is harming their plans. and the rest of the world are afraid of what bitcoin might do to the economy of the country since it is not regulated and is highly volatile. that still doesn't mean they are against it .

[cccarnation]

I don't think bitcoin is anti-government, it does no harm to government institutions. It just ignores governments and their regulation mechanisms cause btc is for people, not for bureaucrats.

[lamadu3]

Bitcoin is returning back the power to the people to determine their own financial fate and to make decisions away from the controlling power of the government. It is proposing a decentralized world where power can be distributed and not concentrated on the few or the elites as some would say.

In my own view, Bitcoin is offering an alternative to what the government is providing. And on this ground, many government people are viewing Bitcoin to be an expression of an anti-government movement. This can be the reason why they do not trust Bitcoin and some are out to stifle its growth.

The fact the many governments are afraid of Bitcoin is a manifestation that Bitcoin is successful in getting the attention of the government and many institutional establishments as to the many ills affecting a centralized system which we have known since we were born into this world.

Guys that work in governments are the same plain people as we are. Most of them simply do not know anything about Bitcoin and the benefits that blockchain technologies can bring to their countries. BTC is not an anti-government stuff.

[ocid]

Bitcoin was created because of government delays in terms of economic development, especially for small communities covered by regulations made by the government that caused economic growth to be hampered. and now bitcoin has answered all the problems in which the small community can express all economic problems without government intervention that is felt to burden society, especially the small community.