Why so many Bitcoin users have fear of governments?

[linshuhow]

because government introduces regulation

[ralle14]

Governments hold the fate of Bitcoins in their hands, They can make policies that can either destroy Bitcoin or make it better and prosper, if the governments prohibit the use of BTC world wide, it will lose relevance and hence fade off and die, If the governments legalize it then that will be its key to success. The future if BTC depends on the government policies

I don't agree with this if they ban Bitcoin it will still continue to grow no matter what happens. Some countries already banned Bitcoin but it didn't have much impact when you look at the price. If Bitcoin becomes illegal worldwide (it won't though just an example) people can still transact offline without the government knowing by exchanging bitcoin wallets/private keys just like how illegal things are being sent and receive.

[DooMAD]

I can't escape to notice that many users here on forum have terrible rebbelious fear of governments. Like government is some evil devil that will destroy Bitcoin and other cryptocurrencies. But is this realy so, do such claims have any reasonable ground at all?

To my opinion the cause for something like that is again ignorance. I think that regulation that is mentioned in many countries is often mixed with centralization which is something that is not natural to Bitcoin because it's functioning totaly different than fiat currencies. Also some warnings to people that Bitcoin is volatile and risky investment that come from national banks are often interpretated as hostile behaviour towards Bitcoin and attempts to make people not to use it.

Is there any hope that Bitcoin users and governments will find the common language and help Bitcoin together to be more accepted in economy, especialy by businesses and to become more "legal" everywhere?

I'd argue "fear" is the wrong word.  The issue with governments is that nearly all of them have this warped perception of how economies should function.  It's all about perpetual growth, which is a sham.  There's no rational reason why this should even be a metric used to measure economic success.  I could be wrong, but I don't believe it wise to rush into regulation until there's less of a gulf between their ideas and ours.  Otherwise we aren't going to agree with their regulations and that won't be conducive to progress.  I've emphatically surmised before that they simply aren't ready to see things the way we do and that their past performance in terms of economic regulation isn't something we can overlook.

[no0dlepunk]

I can't escape to notice that many users here on forum have terrible rebbelious fear of governments. Like government is some evil devil that will destroy Bitcoin and other cryptocurrencies. But is this realy so, do such claims have any reasonable ground at all?

To my opinion the cause for something like that is again ignorance. I think that regulation that is mentioned in many countries is often mixed with centralization which is something that is not natural to Bitcoin because it's functioning totaly different than fiat currencies. Also some warnings to people that Bitcoin is volatile and risky investment that come from national banks are often interpretated as hostile behaviour towards Bitcoin and attempts to make people not to use it.

Is there any hope that Bitcoin users and governments will find the common language and help Bitcoin together to be more accepted in economy, especialy by businesses and to become more "legal" everywhere?

Bitcoin was created with this feature called "anonymity" and that is what I honestly liked about it. I don't fear the government, not at all - but I assume once they take charge to bitcoins, or they have written a law for bitcoin, this feature will vanish. The government fears bitcoin and not the other way around. They fear it because they don't know who uses it (unless you are a fame whore). They fear us because they couldn't tax us, but we make money from global citizens and nobody knows how much we make unless we disclose it. And for the record my friend, bitcoin and the government won't make a perfect couple.

[bitbunnny]

I can't escape to notice that many users here on forum have terrible rebbelious fear of governments. Like government is some evil devil that will destroy Bitcoin and other cryptocurrencies. But is this realy so, do such claims have any reasonable ground at all?

To my opinion the cause for something like that is again ignorance. I think that regulation that is mentioned in many countries is often mixed with centralization which is something that is not natural to Bitcoin because it's functioning totaly different than fiat currencies. Also some warnings to people that Bitcoin is volatile and risky investment that come from national banks are often interpretated as hostile behaviour towards Bitcoin and attempts to make people not to use it.

Is there any hope that Bitcoin users and governments will find the common language and help Bitcoin together to be more accepted in economy, especialy by businesses and to become more "legal" everywhere?

I remember the speaker when I attended seminar this past few months. We are talking about taxation and reform laws where he introduced to us that the government is us. He actually emphasized that the people who are in position are just an official of the government, we select them based on what we think it should be good for us, by the virtue of votes.
We should not be scared in the officials of our country specially if we are in a democratic form of government. The mass is the voice and we can be an activist or refirmist against the ruling of the government. If they banned the bitcoin, we can complain to them specially if they did that for their own purpose only and not for the sake of the states/country.

I can fully agree with that. Government is chosen by the people for the people so we are those who elect the government and decide our destiny. If we choose wrong and bad people then we will have the bad situation including those related to cryptocurrencies.
So we have to think on ourselves and in what kind of countries and societies we would like to live in. If we elect prosperous and modern governments they will have also more modern and prosperous approach toward Bitcoin and other cryptocurrencies.

[javadsalehi]

Till now we have not heard about a person who cannot use cryptocurrencies due to the government ban. It is same in all the countries. No one can stop people from using something which is decentralized.

[faceoff97]

I can't escape to notice that many users here on forum have terrible rebbelious fear of governments. Like government is some evil devil that will destroy Bitcoin and other cryptocurrencies. But is this realy so, do such claims have any reasonable ground at all?

To my opinion the cause for something like that is again ignorance. I think that regulation that is mentioned in many countries is often mixed with centralization which is something that is not natural to Bitcoin because it's functioning totaly different than fiat currencies. Also some warnings to people that Bitcoin is volatile and risky investment that come from national banks are often interpretated as hostile behaviour towards Bitcoin and attempts to make people not to use it.

Is there any hope that Bitcoin users and governments will find the common language and help Bitcoin together to be more accepted in economy, especialy by businesses and to become more "legal" everywhere?

I don't feel any fear about the Government, it will actually be an aid to make Bitcoin more recognized and accepted. Regulations are not bad, this will be a good thing for the system specially in this where there were lot of scams coming. Recognition from the government also will help the people to gain trust in investing into it.

[UchihaRukawa]

I think its the other way around, in my country, the government is obviously manipulating the media about bitcoin and the crypto world, they are airing events where people are scammed using bitcoin, but they are not really telling the real deal about cryptocurrency. In my opinion, it is the government who are scared of cryptocurrency, I think the upcoming change brought by the crypto world is gonna be a very big one that the government doesn't know how to cope up.

[Krispin47]

I can't escape to notice that many users here on forum have terrible rebbelious fear of governments. Like government is some evil devil that will destroy Bitcoin and other cryptocurrencies. But is this realy so, do such claims have any reasonable ground at all?

To my opinion the cause for something like that is again ignorance. I think that regulation that is mentioned in many countries is often mixed with centralization which is something that is not natural to Bitcoin because it's functioning totaly different than fiat currencies. Also some warnings to people that Bitcoin is volatile and risky investment that come from national banks are often interpretated as hostile behaviour towards Bitcoin and attempts to make people not to use it.

Is there any hope that Bitcoin users and governments will find the common language and help Bitcoin together to be more accepted in economy, especialy by businesses and to become more "legal" everywhere?

With this feature, Bitcoin will take its place in World History. Bitcoin is creating a new world order. Thanks to Bitcoin, there will be a payment method that is accepted all over the world, but does not belong to any authority. International payment methods will be easier. Go wherever you are in the world, you will see your needs. This is really important.

[Cryptohad]

because bitcoin users assume that the government that forbids bitcoin is a threat, in the temporary, I think bitcoin users and governments will not find agreement on bitcoin regulation.

despite having the same purpose, namely to improve the economy, but both are like mouse and cats that will never unite.

[THATBTC]

I can't escape to notice that many users here on forum have terrible rebbelious fear of governments. Like government is some evil devil that will destroy Bitcoin and other cryptocurrencies. But is this realy so, do such claims have any reasonable ground at all?

To my opinion the cause for something like that is again ignorance. I think that regulation that is mentioned in many countries is often mixed with centralization which is something that is not natural to Bitcoin because it's functioning totaly different than fiat currencies. Also some warnings to people that Bitcoin is volatile and risky investment that come from national banks are often interpretated as hostile behaviour towards Bitcoin and attempts to make people not to use it.

Is there any hope that Bitcoin users and governments will find the common language and help Bitcoin together to be more accepted in economy, especialy by businesses and to become more "legal" everywhere?

well the government want to control everything.. so.. yes, there's a reason to fear on governments..

[asher2789]

in the US we have a private company making our monetary policy - the federal reserve. it sounds like a government agency with the name "federal", but it isnt. nobody who runs it is an elected official, and nobody who is elected appoints anyone. that being said, when you look back to 2008 and see how the bankers literally got away with wrecking the economy... the fear of government, at least in the US, is pretty reasonable. the powers that be are threatened by bitcoin (and other cryptos) because it cannot be run by them...

satoshi nakamoto created bitcoin because of the financial crash, dont forget that.

[fuer44]

because the government has stated several times that bitcoin is illegal and will close it. of course bitcoin users who already feel the benefits of bitcoin, are worried. including me. if the government closes the bitcoin, there is no more promising investment land.

[svendoto23]

I can't escape to notice that many users here on forum have terrible rebbelious fear of governments. Like government is some evil devil that will destroy Bitcoin and other cryptocurrencies. But is this realy so, do such claims have any reasonable ground at all?

To my opinion the cause for something like that is again ignorance. I think that regulation that is mentioned in many countries is often mixed with centralization which is something that is not natural to Bitcoin because it's functioning totaly different than fiat currencies. Also some warnings to people that Bitcoin is volatile and risky investment that come from national banks are often interpretated as hostile behaviour towards Bitcoin and attempts to make people not to use it.

Is there any hope that Bitcoin users and governments will find the common language and help Bitcoin together to be more accepted in economy, especialy by businesses and to become more "legal" everywhere?

it is natural people are curious what governments have to say as they could impose some barriers on crypto industry and make it less accessible. However generally speaking, that is not what is happening.

Even though they will put a barrier between bitcoin and its user more people are going to take their chances up and move and find another way of using it to different methods.

[Ilegendph]

in the US we have a private company making our monetary policy - the federal reserve. it sounds like a government agency with the name "federal", but it isnt. nobody who runs it is an elected official, and nobody who is elected appoints anyone. that being said, when you look back to 2008 and see how the bankers literally got away with wrecking the economy... the fear of government, at least in the US, is pretty reasonable. the powers that be are threatened by bitcoin (and other cryptos) because it cannot be run by them...

satoshi nakamoto created bitcoin because of the financial crash, dont forget that.

Yeah, though in different countries there are different ways of coping to a technology. Many people afraid of the government because they can see that the government is against in using cryptocurrency because there people are using it for tax evasion but there are also countries that their government accept cryptocurrency but makes sure that it is only used to earn money and not in illegal activities that is why they imposed regulation guidelines. For me, its still best to check out for yourself whether your government accepts or denies this technology by reading news.

[nory51]

They fear to government because government can banned it and says this is illegal but but the truth is many people become rich, many who feel the benefit of bitcoin can feel afraid to government who control what government want they want to

[AliMan]

They fear to government because government can banned it and says this is illegal but but the truth is many people become rich, many who feel the benefit of bitcoin can feel afraid to government who control what government want they want to

bitcoin users are scared because they think that the bitcoin will be controlled and regulated by the government and totally will change the system of bitcoin. But i really think that bitcoin will always be decentralized and cannot be changed the system by the government.

[maxreish]

They are afraid that there is no guarantee in the future that the use of this will be declare legal or illegal, when it comes to the fact that it is unacceptable to use, all of their tiredness and hardship it will lead to their losses, all those fears will disappear if the government declare it as a legal.

[Thira]

Governments hold the fate of Bitcoins in their hands, They can make policies that can either destroy Bitcoin or make it better and prosper, if the governments prohibit the use of BTC world wide, it will lose relevance and hence fade off and die, If the governments legalize it then that will be its key to success. The future if BTC depends on the government policies

Yes i agree of this naturally bitcoin users have fear in government in connection to this kind of currencies, because if the said government focus on this and they knew it that a huge amount of money involved here, and if they legalize it i am sure that they will  impose more rules and policies including fees in favor of the government. And im sure that  individual investors will be affected to this, they will suffer also the fees or taxes.

[SmokerFace]

Because government in any local country are powerful and many corrupt government officials will do anything just to get more money and we're afraid when government  will put some taxes in bitcoins or else they will ban it or directly ban in our country without begging for taxes because govern is like business too not all of government that sits in their positions are just want to help community other else wants to earn more money and to become powerful person