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Author Topic: Don't you think government are playing with us as always?  (Read 86 times)
PS45
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April 08, 2018, 07:14:43 PM
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We saw so many news that bitcoin ban this country those country did we think why? if we see government ban bit coin and then they plan to open their own crypto currencies .
how you see government are doing this and what are the reason i believe government are kind of scared of bitcoin to take over them they can not control our money.what would be your thought behind banning bitcoin? and after math?
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Saiful Islam777
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April 22, 2018, 03:03:02 PM
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There are some rules that the government has to follow. I think Bitcoin will improve his position and the government will help.
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April 22, 2018, 03:32:09 PM
 #3

We saw so many news that bitcoin ban this country those country did we think why? if we see government ban bit coin and then they plan to open their own crypto currencies .
how you see government are doing this and what are the reason i believe government are kind of scared of bitcoin to take over them they can not control our money.what would be your thought behind banning bitcoin? and after math?
Governments are scared of cryptocurrency for sure, it's a competing store of value and means of exchange in opposition to their fiat. Governments can manipulate fiat to meet the goals and expectations of the society or the leadership, but bitcoin is more tied to supply and demand. This means that corrupt countries will want to ban it and socialist countries will seek to infiltrate and control it.
zenrol28
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April 22, 2018, 03:41:56 PM
 #4

Just like fiat currencies, government also want to be in control of what cryptocurrency they want. And since bitcoin owns by no one, they have no control on it. That is why they keep on making regulations on bitcoin and cryptocurrencies because someday their fiats will be worthless.

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abuge04
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April 22, 2018, 03:42:17 PM
 #5

Well I have seen so many news regarding the banning of Cryptocurrency by many countries But for sure government will always have a good excuse for that, As always they are doing something fishy regarding the issue for Cryptocurrency and their uses, They might really up to something and we can never really know what is their real motivation regarding this, Or if they want to control the decentralized system in every Cryptocurrrency, they are the ones that really know this things.
KIANA
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April 22, 2018, 04:08:58 PM
 #6

You must always be ready for the unexpected thing.YOU can never see what's  going to happen.
So you'll  always have  to be carefull  for your goverment. They'll always  have something  up their sleeves.
I seen a few advertisements on social media  were they used government people to advertise bitcoin.
I was very surprise.
Eternu
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April 22, 2018, 04:17:35 PM
 #7

You must understand that governments like to be in control of things... they need to be in control if they want for their country to be successful. On the other hand we have bitcoin, which is decentralized and belongs to no one and everyone. Governments can not control it, therefor they turn to banning it until they find the solution for regulations for proper usage. There's a lot of factors which needs to be satisfied before some currency is proclaim totally legal, so that people can use it without fear of punishment. So I would not say that governments fear bitcoin, rather they don't want it because they can not control it.
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April 23, 2018, 10:33:16 AM
 #8

We saw so many news that bitcoin ban this country those country did we think why? if we see government ban bit coin and then they plan to open their own crypto currencies .
how you see government are doing this and what are the reason i believe government are kind of scared of bitcoin to take over them they can not control our money.what would be your thought behind banning bitcoin? and after math?

The governments are not afraid of bitcoin but the banks are. The reason why some countries are banning bitcoin is because of the illicit activities being done using bitcoin such as Money Laundering, ponzi schemes, drug trafficking and many more. The countries who banned bitcoin does not fear bitcoin but rather they want to protect their economy and their populace from those illicit activities.

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April 23, 2018, 05:09:38 PM
 #9

The government is definitely afraid of cryptocrow. There are many reasons for this. There are a number of reasons why I say that if they want to succeed in their country, they have to be controlled. On the other hand, we have Bitcoin, which are decentralised and one and all are included. I do not think that these monopoly actions have to be accounted for by Bitcoin, so I would not say that the government is afraid of Bitcoin, but they do not want it because they can not control it.
Sir mikolo
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April 23, 2018, 05:21:39 PM
 #10

Government need to support crypto, their shouldn't be a panic. What I think is that government should support digital currency. Bitcoin has stand and is the way for to hold asset.
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April 23, 2018, 05:22:37 PM
 #11

There are some rules that the government has to follow. I think Bitcoin will improve his position and the government will help.

Governments do not have to follow any rules dont be ignorant.What laws were the USA breaking when they murdered 3000 people on 9/11?
Ronnie.tun
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July 20, 2018, 09:46:33 AM
 #12

Because government want to control bitcoin like fiat currencies but bitcoin can not be controlled, they keep banning and giving regulation
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July 20, 2018, 11:59:38 AM
 #13

Well it is quite pretty obvious that most governments are afraid of bitcoin because thay cannot control it. Being decentralized, it posed a lot of risk for these countries because they are used to banks and financial institutions that are under their control. They see the usability of blockchain technology that is why instead of welcoming bitcoin, they instead make their own coin using the technology running bitcoin.

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July 20, 2018, 12:14:33 PM
 #14

We saw so many news that bitcoin ban this country those country did we think why? if we see government ban bit coin and then they plan to open their own crypto currencies .
how you see government are doing this and what are the reason i believe government are kind of scared of bitcoin to take over them they can not control our money.what would be your thought behind banning bitcoin? and after math?

The only countries that have banned bitcoin are those with capital controls who fear capital fliight, such as China.

The free democracies like the USA, UK and others have made bitcoin legal.

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July 20, 2018, 12:30:38 PM
 #15

We saw so many news that bitcoin ban this country those country did we think why? if we see government ban bit coin and then they plan to open their own crypto currencies .
how you see government are doing this and what are the reason i believe government are kind of scared of bitcoin to take over them they can not control our money.what would be your thought behind banning bitcoin? and after math?

Some of their alibis is they want to protect their citizen from losing from investing on cryptocurrency and some of them set up their own cryptocurrency so they will have the monopoly of the investors, they can ban whenever they want but that doesn't stop this technology to go on.


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googs84
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July 20, 2018, 12:43:33 PM
 #16

In a broad perspective this is not the case. Government is not scared of the crypto currency but they are taking care of extra criminal activities, money laundering stuff and more that happens via blockchain tunnel! Do you know since the bitcoin has came to known very well then money laundering has risen a lot and lot of criminal activities has increased in the dark web too. Now you see this is like taking the national money and putting it at work under black stuff. May be government come to know about it more than us as we see only superficial things here. To avoid such things they ban it. However there is no real ban, you can still use crypto currency over the internet as it is free and decentralised. You may however can not withdraw them to fiat. It will never end.


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ratikanta99
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July 20, 2018, 12:50:15 PM
 #17

We saw so many news that bitcoin ban this country those country did we think why? if we see government ban bit coin and then they plan to open their own crypto currencies .
how you see government are doing this and what are the reason i believe government are kind of scared of bitcoin to take over them they can not control our money.what would be your thought behind banning bitcoin? and after math?
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July 29, 2018, 11:20:37 AM
 #18

There are some rules that the government has to follow. I think Bitcoin will improve his position and the government will help.
well,  i think bitcoin has been very famous that even the government would like to be part of it.  But i think the government has no power over bitcoin that makes it better.

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