Bitcoin Dangerous ?

[developer101dev]

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 because it brings wealth to everyone who does not earn that much in their life, i am a student before who cannot afford to pay his own tuition fee in school but with cryptocurrency, i get the chance to finish my degree and have a successful career in life.

[bossloccox]

Bitcoin is profitable for everyone who knows it. It will only be dangerous if they use it in illegal activities.
Here in my country , the government and the Central Bank always remind people that digital currency is decentralized currency. There is a chance that you can not recover your investment here or you can get a lot of money from here. They also prohibited using bitcoin and other currencies here because some people may use it for illegal transactions . Also, they only prevent people from being victimized by fraud.

[Sithara007]

Bitcoin is not dangerous, it is depends to how you use bitcoin, some country not accept bitcoin because they thinks it is possible to use in illegal activities and scam. Bitcoin makes money so that it is help a lot to us. Hoping that we used it in the right way.

I don't think that the authorities are worried about the usage of Bitcoin in illegal activities. They are more worried about the impact it can have on the national currency and the bond market. And this is the primary reason why countries such as India are trying to ban Bitcoin.

[Vanshenz]

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

I think bitcoin is dangerous because bitcoin is a digital currency that can replace real currency in the future ...
many countries are banning the use of bitcoin because bitcoin does not provide income to the country, so most countries forbid bitcoin ...

[Invester]

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

Dangerous only if you are looking at it from the point of view of the government or from the standpoint of the traditional people who are already completely consumed by the kind of society that we have right now. But if you are looking at it as a free individual, as a person who is totally open-minded, of someone who is open to innovations and changes in our system, Bitcoin is not something that is dangerous. It is in fact the complete opposite of it. It is the one that will give us liberty from the chains of government and the traditional authorities and powers.  

[yansen]

bitcoin is not a danger, the harm is the person who uses it. why do many countries forbid.? because bitcoin is widely used for crime. such as scammer and for black market payments. because the nature of bitcoin is decentralized and anonymous. so the state can not monitor the activities of bitcoin transactions.

[V1saya]

Actually bitcoin's blockchain is even black and white which shows transparency and it can never be edited once transactions are done. Most countries that are scared of bitcoin are just worried because they cannot control the system unlike their fiats and other finances.

[Zeque02]

Bitcoin is profitable for everyone who knows it. It will only be dangerous if they use it in illegal activities.
Here in my country , the government and the Central Bank always remind people that digital currency is decentralized currency. There is a chance that you can not recover your investment here or you can get a lot of money from here. They also prohibited using bitcoin and other currencies here because some people may use it for illegal transactions . Also, they only prevent people from being victimized by fraud.

Definitely right! In addition, being dangerous of using bitcoin is not about the system but the people behind it who making bad moves  to make the system loss. Let us be aware if that would be happened.

[Elrozaq]

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

keep calm, bitcoin will be a good currency in future.

[fluctuations]

For those new to the market, bitcoins are dangerous because they are not aware of the volatility of the market, and because of that fluctuation they scare and sell what they have when the bitcoin price. is going down. But for those with experience in this market I do not think it is dangerous.

[fluctuations]

bitcoin is not a danger, the harm is the person who uses it. why do many countries forbid.? because bitcoin is widely used for crime. such as scammer and for black market payments. because the nature of bitcoin is decentralized and anonymous. so the state can not monitor the activities of bitcoin transactions.

I see what you say very true. And this is also the strength that makes bitcoin so valuable. And I prefer anonymity when dealing between buyers and sellers in this market.

[ys fs]

if I think, maybe most people think bitcoin is dangerous because bitcoin still not valid in some countries

[Jancuki]

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

I think it's not a bitcoin that can harm it, but the existence of people who try to use bitcoin for the less good. As used for money laundering by a corrupt person or used as transactions for terrorist networks.

[potzpotz]

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 me because  I'm a very big supporter of bitcoin I a one great fans and working to bitcoin world

[noriksiayol]

Bitcoin is not actually a dangerous thing, although it has a big effect on economic development in the world. If we heard some countries criticized bitcoin, maybe it is all about a forms of threats to force bitcoin directly paying taxes.

[mifanmuzny]

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

Yeah tell that to the people who bought Bitcoin when it took 100 BItcoins to buy a cup of coffee, NOW you can buy the Starbucks company with 100 Bitcoins.
Always do your own research before investing in any crypto markets. Risk takers always wins in my opinion so do not be afraid to lose in something you strongly believe in. Same time diversify your wealth this will give you an edge....

[jeaniferomambac]

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Bitcoin is not a dangerous, it depends of you how you work your bitcoin or how you do to earn a bitcoin because bitcoin for me is very helpful and many people become rich to investing and hold a bitcoin.like me bitcoin is very helpful for me becauase by investing a botcoin and i get a profit  so i can help my family and i can buy our daily needs.

[Ethan Argu]

It could be dangerous it depends on people how they use it. If bitcoin use in illegal it will be dangerous. Especially on drugs and terrorist activities. So some country has a policy or they have a law that they did not want or to be banned bitcoin in thier country. So your are lucky if your country allows you to use bitcoin in good rather than bad habits.

[cutecute]

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

I think bitcoin dangerous is depend on the worker or user here. If other user use bitcoin to an illegal like using it for transaction in drugs. Other say that there are so many user that using this to hide their identity when they want to do an illegal transaction. Bitcoin will not be dangerous if you use it correctly and in a good way.

[Ryan1212]

I do not know that bitcoin is dangerous because the real danger is the scamer they have nothing else to do is to scams and the worst to you if you scam you will be banned and  all of your effort will be unusefull  because of it.