Bitcoin Dangerous ?

[Doge dealer]

 A spoonful of water can drown you i don't see them banning water or spoons for that matter, everything on earth is dangerous, if your gonna be mentioning scammers , they have existed from the story of creation, they have been a part of our established banking systems fleecing people who have accounts in the established system so whats this really about? .This is really about change , the established and accepted systems are in fear of being over run by this new and innovative technology. Bitcoin Dangerous? hardly , volatile yes . What is required is education and knowledge on the subject matter.

[Washball]

Most governments want to keep control on what's happening in their country, especially when it's financial. Cryptocurrencies are a threat to fiat money, because they are decentralized. If the government does not have any control, they're afraid to lose money in the form of taxes or money laundering. That's why they want regulations, so they can keep an eye on traders and investors.

[Bloodseekers]

i want to ask what makes the bitcoin dangerous? to the point that many countries prohibit the use of bitcoin in their countries. I want to hear your opinion

Bitcoin not dangerous, bitcoin already exists from 2009 and survive until now, the price goes up, and their community growing. Bitcoin is the future financial system. The reason why countries ban bitcoin because he dont know about this technology or because goverment worried this technology will break financial system a countries

[Mei1418]

I think the dangerous bitcoin is not physically but financially, because as we know that bitcoin prices are very uncertain. this is what makes bitcoin very dangerous because it can make us lose a lot of money when bitcoin prices dropped dramatically, it sebebnya many countries that prohibit bitcoin because it can make its citizens loss drastically

[Brianlee0112]

No bitcoin is not dangerous ....but it is risky and other way it can be also more profitable ....so it is not dangerous.

[Dilhara642]

i think its not dangerous.its a valuable source to making profit.rather than other transactions bitcoin has trustful mechanisms to protect the buyers and sellers.

[mirofame]

Hah.. Why dangerous? You don't understand. The main advantage of bitcoin is the ability to use it to build our own economy to which the government will have no relationship. Bitcoin is freedom, but most people did not understand.

[kuntet99]

i want to ask what makes the bitcoin dangerous? to the point that many countries prohibit the use of bitcoin in their countries. I want to hear your opinion

maybe countries around the world / government have rules that do not allow people to invest in bitcoin.

[bright4mech]

Bitcoin does not harm, and bitcoin is like our daily money we use to buy some thing in shop on a digital way, by making use of blockchain platform where everybody has his/her own private key. bitcoin is the best asset cryptocurrency some one need to have  and also to invest on.

[anonissin]

bitcoin not dangerous if you trade and work at home . but if you sell to others out you will be catshed by cops and its dangerous .

[ChiBitCTy]

Bitcoin isn't dangerous to any extent.  The only thing that makes anything dangerous is the greedy ill-will of man.  That also includes governments fear of Bitcoin from taking away from it's bottom line.  Governments fear bitcoin because politicians are lined directly with banks and big business whom have paid to get them elected.  Some of the biggest fight back is due to bitcoin being a simply smarter tech than what does world can offer and it scares the elite.  They fear losing control of the people.  Both however can and will co-exist.

[leviathon]

Bitcoin and other virtual currencies are based on a public ledger called the "Blockchain," which is still experimental and is subject to changes, errors, or criminal activity which could adversely affect your virtual wallet or erase your Bitcoin value. So yeah, it is dangerous.

[Smpdytz]

Bitcoin is not dangerous.people who use bitcoin may be dangerous yeah some people can use bitcoin for crime and as a fradulanet way.but it is not a mistake of bitcoin

[hajimasan]

i want to ask what makes the bitcoin dangerous? to the point that many countries prohibit the use of bitcoin in their countries. I want to hear your opinion

In actual those countries whoa re stoping people to invest in bitcoin are against bitcoin Because they have zero knowledge about bitcoin that how to handle and how can it be profitable for the country's economy .
Here we can see that if anything will be dangerous with the bitcoin then why such big countries like China , Japan , America allows people to use bitcoin ( but with few rules of regulation ) .
So here clearly it tells us that only problem of understanding matters much than any another factor , and also we know that if it will not be profitable than why people will use it to make money .

[Drunkenhorse]

No it is not , why would you think so  ? I believe bitcoin will keep its leading positions for a while.

[dongosquad]

Most governments want to keep control on what's happening in their country, especially when it's financial. Cryptocurrencies are a threat to fiat money, because they are decentralized. If the government does not have any control, they're afraid to lose money in the form of taxes or money laundering. That's why they want regulations, so they can keep an eye on traders and investors.

That means the government is just trying to maintain their economic stability and sovereignty, for the sake of their people. Since they can not control and control the cryptocurrency to the full, they give certain restrictions on cryptocurrency in the state. That does not mean cryptocurrency is dangerous, it's just a preventive action to face the worst.

[Arumi.Bilqis]

What happens at the moment is the number of people who misunderstand especially when considering the dangers of bitcoin,
think about the dangers of bitcoin !!
Instead, bitcoin comes as a savior and a helper for people who want to get more profit and I personally feel what happens after knowing bitcoin provides many benefits and changed my life.

[jamesmitsui]

Some countries forbid it for fear of illegal trade through this network, they can use this to trade prohibited by that country.

[Tagabukid69]

Bitcoins becomes dangerous when it is used abusively, Some of the Government banned bitcoin because the user are anonymous and this is a threat to ones country in making illegal transactions such as money laundering because they will hardly traced the suspects of being anonymity.

[Afnan_faizah]

Governments think that bitcoin is the best way to do money loundering. But they forget that before bitcoin created , people still can do money loundering with fiat. They also think that invest in bitcoin is not ao good because the price that extreemely fluctuate but some countries fiat also experience decreasing value that also extreeme as well.