Bitcoin Dangerous ?

[weblaraveluser]

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

There are different countries in the world but not all of them does really hate bitcoins, there are governments who does not want the cryptocurrency to circulate on their country. One of the reason is that, they are corrupted and thy wont allow their people to become wealthy or some companies are bribing the government to disallow ban cryptocurrency because it is affecting their business just like banks.

[pharaon]

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

Some countries believe that terrorism, crime, money laundering and the like are financed with the help of bitcoins. But is not the dollar connected with this? Such countries are simply afraid of crypto-currencies and are wary of them.

[Images21]

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 is dangerous to the government but not to us individual people. I think that is the only way we can analyze the stance of the government. That is because Bitcoin is generally a revolutionary invention that will not have to go through the powerful hands of the government and of course the banks. That is why there are several governments that felt like their power or at least their authority is being challenged by the emergence of Bitcoin. The fast growth of support coming from the people is the primary reason why governments begin to clamp down on or regulate the existence of Bitcoin in their territories.

[Smpdytz1]

If someone ask you is USD dangerous or is pounds dangerous so what is your answer.you will answer no it is only currency soo it is the same answer for bitcoin.bitcoin is also currency with decentralized authority. May be a person who use bitcoin is dangerous and also maybe a person who use $ is dangerous soo it is not a problem of bitcoin or any other currency

[yron51]

  No, because this is  kind of digital coin without risk,
it is even more helpful in our country to those in need like me to help with the family, it is not dangerous though it is even more helpful  and I hope this opinion will help to this kind of discussion 

[brickafterbrickwalldpt]

I would say that some people are afraid of Bitcoin because they don't understand it. They would rather trust banks which are said to be secure place for our money but everyone here knows that it isn't true at all. Some countries with high inflation banned Bitcoin because their citizens started to buy Bitcoin which was far more stable than their national currency. Also, banks don't like cryptocurrencies because they know that they will lose control of money. That is why they are trying to convince governments to get rid of cryptocurrencies.

[bitcoinstress]

Yeah is that true but by have knowledge, you can reduce the risk for u lose your money, most of us has know how to not keep Bitcoin for long time because Bitcoin will not growth high if we keep them on wallet.

[pinoyden]

 No, because this is  kind of digital coin without risk,
it is even more helpful in our country to those in need like me to help with the family, it is not dangerous though it is even more helpful   and I hope this opinion will help to this kind of discussion  

Coin without risk?  No,  bitcoin and any other cryptocurency have actually a risk because they are like gambling due to the fact that your putting your money as a form of investment without really knowing on what could be their possible outcome. In short bitcoin is unpredictable therfor there is always a risk on them but i dont think it is dangerous because it cannot even harm you as it is only digital.

[becks7074]

Figure That Sums Up Why Bitcoin Is So Dangerous
Ignorance is bliss, until it becomes downright dangerous.

[bololord]

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

It never been dangerous specially we are liable and we do it properly while we are using it. It isnk risk to all the user instead it gives oppurtunity and help to everyone. This is very helpful when a talk about financial needs of my family and relatives also .When it comes to transaction it is fast accomodating and easy access.

[Xester]

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

Some countries believe that terrorism, crime, money laundering and the like are financed with the help of bitcoins. But is not the dollar connected with this? Such countries are simply afraid of crypto-currencies and are wary of them.

I agree with you on this.  These are the reasons stated by those government who banned bitcoins.  It is just an excuse because bitcoin is not really dangerous.  It is risky but not dangerous.  Those crimes as they say even before that there is no crypto, they can still execute it.  Government is just afraid that people get rich without giving some to them.

[rommelo24]

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

Many countries were trying to ban bitcoin because they think that it is dangerous that it would be use to finance illegal activities. There is even speculation that bitcoin is being used by terrorist for their illegal wrong doings. I think is not possible for terrorist to use the blockchain technology.

[z38630610]

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 is not dangerous for us I mean for individuals. It is dangerous for banks and governments. Because they feed with taxes. And blockchain system removes taxes. Therefore it is usual that people see bitcoin dangerous.

[DoublerHunter]

Bitcoin is only dangerous for the people who are clueless and to those people who doesn't have any knowledge or idea about bitcoin and that is when bitcoin became dangerous. So the lesson here, is to keep in your mind that you should keep learning about bitcoin so you will not be in the position of being in danger because if you don't have knowledge in bitcoin and also to other things then you are in danger.

[Dudeperfect]

Bitcoin as a technology is very strong and there is no practical way to crack it using the available resources. However, since it is volatile in the nature, you will see high level of fluctuations in the value of it. So if you are investing $100 then on the next minute you might see $110 or even $90 so it makes it dangerous if you are looking from the stabilization point of view.

[hinpoc.hin]

bitcoin is not dangerous. its like a knife.
a knife on the chef hands, it will do good.
but a knife is dangerous if it used to do crime

[Turk Ace]

Once Bitcoin murdered me in my sleep. It was a hot night and I think it got through the window I left open. Damn bitcoin always at is again committing crimes and what not on it's own.

Bitcoin is not dangerous, people are. Now get that into your head.

[SHUNNO]

Bitcoin dose not maltreatment and bitcoin is taking into account our daily portion we use to get some event in shop concerning a digital showing off, making use of blockchain platform where everybody has his won privet key. Bitcoin is the best asset cryptocurrency some one deed to have and in addition to invest just very about.

[Andruha1993]

Many countries prohibit bitcoin to use, as the banking systems of developed countries bring a considerable share of the filling of the treasury, because it's not a secret that banks receive the greatest profit from the percentage of transactions between accounts.

[AOXCRYPTOS]

Why you should stop panicking about Bitcoin crashed:

http://cryptodata.site/2018/02/14/3-reasons-bitcoin-crashed-why-you-should-stop-panicking/