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Author Topic: Why so many Bitcoin users have fear of governments?  (Read 1658 times)
Cryptokeke
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May 25, 2018, 07:46:38 AM
 #341

I understand why and also im one of them, maybe because of the reason of earning free in Bitcoin and the government will naturally ask where did you get that money and wont believe that you earn it for free and starting to complicate things.
Falgorn
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May 25, 2018, 07:55:33 AM
 #342


I think that users of bitcoins are afraid of governments because of a misunderstanding of the very nature of the bitcoins. It does not matter what governments can do. National states can not create a law or legislatively fix what will stop bitcoin or any crypto currency, because technically they will not be able to do it.
Ryanpaul80
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May 25, 2018, 08:09:55 AM
 #343

For me they have fear of goverments because they dont want bitcoin to be gone they have a fear of bitcoin that many goverments can ban if they have to goverments have the power to ban bitcoin i n their country so thats why many bitcoin users have fear of goverments.
jason meneses
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May 25, 2018, 08:15:28 AM
 #344

For me they have fear of government because they don't want to go jail and some of devil government they ban bitcoin..  And others they use it..  That why governments have a power of the bank and others
ajaymukund
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May 25, 2018, 08:47:31 AM
 #345

In my country, the government is not too strict about entering the Crypto market. They have a policy of blocking transactions on the Crypto market but it is unclear. So we were free to make money from this market.
I feel quite happy because there are some countries that have actually removed Crypto.

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Chicryptomama
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May 25, 2018, 10:47:08 AM
 #346

From the country I come from,the government doesn't disturb those who trade bitcoin and other crypto assets.no taxes,nothing. So I have no need to fear them
kucritt
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May 25, 2018, 10:52:12 AM
 #347

the bitcoin users it not afraid with government, the bitcoin use just afraid with the policy or rules that government pick for bitcoin in their country, is bitcoin legal, or illegal, i think bitcoin user just afraid of this, and i think if the bitcoin legal the bitcoin user will not afraid with government and their rules about it anymore

dominional
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May 25, 2018, 11:12:31 AM
 #348

It is not really fear but government of a particular country has its own power over her subject. It the government of the day don't want bitcoin to strive it wount because government has the ultimatum power to do and undo

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LDenis555
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May 25, 2018, 11:33:30 AM
 #349

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?
Because many governments have not yet recognized bitcoin officially and legally, so everyone is trying to make money on this cryptocurrency illegally, and this is a dangerous business for which responsibility is borne.
Hotrod_88
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May 25, 2018, 12:19:32 PM
 #350

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 believe there is a room for btc and gov to work together in the future once there is more adopters for btc, gov will slowly feel the pressure either from users or companies and the gov will have to think of ideas to incorporate btc into the long term plan.


So am i, its business. If you are business minded you care about how it will gonna work in the future. you will set aside the negatives. all they have to do is to trust and if they're having a second thought. they should try it first like, invest a small amount and then if it will work. Then, the problem is solved and for me in the future when bitcoin is highly secured. Government and bitcoin users can work together. they don't have to fear anything.
Welhell
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May 25, 2018, 12:27:41 PM
 #351

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?

In my country there are plenty of tax for crypto business and i think it is not a tax, it is a stealing. For that, i created new card in another country where tax is a very little.
AfterTheFork
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May 25, 2018, 01:17:02 PM
 #352

he National Governments literally hold the Bitcoin fate in their hands, there is a lot of uncertainties surrounding BTC especially when it comes to its legislation The Battle to legalize it is long and winding, during which some countries opt to ban BTC.Bitcoin Users users therefore are most of the times not at ease with the governments as they can decide that they no longer allow the BTC transactions and operations  limiting the Bitcoin market in the process

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Aztek
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May 25, 2018, 01:24:13 PM
 #353

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?
We know that bitcoin is a decentralize system and no one owns the bitcoin system so we also know that every transaction of bitcoin is recorded in the blockchain but it is anonymous so you will never know who did the transaction also this system system doesnt pay tax in a lot of transaction but when we look in a big picture we are just changing or exchanging money but still when the government comply about it.. It can be a reason to make the all of the bitcoin user because it will be a problem in their investments.
iellai
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May 25, 2018, 01:31:28 PM
 #354

Maybe because the government are not yet that aware of what bitcoin is and what its benefits for the community and the country alike. I ask people around me if they know anything about bitcoin and most of them are not aware of its existence. Government should be more open about bitcoin and embrace that its part of trading and our economics nowadays.
Gynjorn24
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May 25, 2018, 01:45:49 PM
 #355

basically because the government is obviously against btc. main reason is that btc is so huge, one can say its a phenomena, that the govt sees it as a threat since they cant control it. second is because most of 'em are corrupt. they dont want everyone to prosper. as long as their pockets are full, they dont care. also, mentioning btc's volatility in a negative way is basically the same thing as attacking it. banks dont do it to warn, they do it to gain the people. to put dirt on btc's name. so what if its volatile and risky? when did they ever care about where people put their money?
airdnasxela
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May 25, 2018, 02:02:44 PM
 #356

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 think it is very hard for your statement to happen.  It is because of different things like the nature of bitcoin which is decentralized while the government wants it to be centralized it so that they can regulate it. Also,  banks and other businesses do not want bitcoin to flourish because it might affect their income so they are also pushing the government to regulate it or if can, to ban bitcoin in their country. So I think it is really hard for it to happen.
Jerzzz
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May 25, 2018, 02:07:18 PM
 #357

Because many people use Bitcoin as a solution to save money, and keep their money away from taxes from the government. Many people use Bitcoin for evil purposes, so many people fear that governments will negatively affect their money.
mikki14
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May 25, 2018, 02:08:00 PM
 #358

I am not one of them. I do not fear government, I respect our president and some of the trustworthy government officials. They may ban or legalize bitcoin but it is up to them. And I always expect the worst but am still hoping for the best. If time will come that they will ban bitcoin, I have no choice but to follow. There are other things that could be a source of additional income anyway.

pencuri hati
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May 25, 2018, 02:20:32 PM
 #359

they may be afraid because the government forbids bitcoin users and for those who violate will be subject to criminal sanctions. So that's where they fear the government.
MahalQu2612
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May 25, 2018, 03:32:03 PM
 #360

I think in the future Bitcoin and the government can get into terms if the government accepts and gets what Bitcoin can do and offers. The government is wary of Bitcoin because they cannot grasp and control it, they are in the dark with Bitcoin. If Bitcoin somehow is understood by the government in some time in the future, we can use Bitcoin publicly and it can be part of our daily lives.
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