Mio talama
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May 29, 2018, 02:47:21 AM |
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Bitcoin is decentralized which completes the transactions without the involvement of third party. This endangers the existence of commercial banks and central banks.
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"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
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jessicaldiaseso
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May 29, 2018, 02:51:55 AM |
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If the government bans BTC, the price of bitcoins will fluctuate wildly in the short term and could collapse.
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Chopmoney
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May 29, 2018, 02:52:07 AM |
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Many Bitcoin users are afraid of the government because they think the government can do anything that makes Bitcoin crumble. And if in my opinion Bitcoin will not be destroyed by anyone.
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kingkonjac
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May 29, 2018, 02:55:47 AM |
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the reason may be that people especially investors have gone mad by paying huge taxes, facing so many difficulties when investing such as US citizen who are facing KYC problem with ICO`s.... these things make people not to want any rules and have fear of control and monopoly.
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maxreish
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May 29, 2018, 02:58:07 AM |
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Who will not be afraid of the Government especially if she or her have a big investment money in bitcoin, then suddenly the government mandates that banned the use of it in their country, maybe anyone fear it wont fully made legal to use it in our own country, the fear is always their.
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mohammedhwang
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May 29, 2018, 03:17:31 AM |
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we fear the government is the threats that are about Bitcoin, the government threat that makes Bitcoin users afraid, one of which is the legality of Bitcoin. they are afraid because if they already have many assets in the crypto world.
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Paul Pogba
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May 29, 2018, 03:55:20 AM |
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Government do not support the use of bitcoin because they have no control over it and it pays no taxes to them. They give some penalty to prevent the generals using it. As a result many users are at risk and have fear of getting caught.
Besides that of course the use of bitcoin will make illegal transactions increased, this is what makes the government does not want to legalize bitcoin. other than that the government feels it can not get any benefit from bitcoin. |
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VeronAncient
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May 29, 2018, 04:01:04 AM |
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it happens because there is no legal certainty regulating the regulation of digital currency in each country. so users feel scared because there is no legal protection if using bitcoin or altcoin. if the government prohibits the use and bitcoin distribution, then bitcoin will become extinct because it can not be transacted again for means of payment or investment.
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Lolo gi
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May 29, 2018, 04:05:51 AM |
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Because the government does not accept bitcoin payments and does not consider the currency to be official currency. Other countries allowed cryptocurrencies but they imposed strict regulations and their reason is to protect their people from any scams that uses cryptocurrencies.
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warning_btc
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Decentralized Digital Billboards
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May 29, 2018, 04:12:33 AM |
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Fear of governments only users which invest to bitcoin stolen moneys.
She invest because bitcoin was anonymous, but now governments say what he can trace all transactions
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godrey123
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May 29, 2018, 04:18:14 AM |
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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 agree with you on your opinion, but why does people afraid about regularization of bitcoin? I think that regularization is a good thing with that bitcoin can have a legal support that can be awknowledge by many. I think what bitcoin users and goverment has to do is to have a discussion about it and share both their insights so that many they can have the best idea in both side. |
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Saveralll
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May 29, 2018, 04:24:03 AM |
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If the government bans BTC, the price of bitcoins will fluctuate wildly in the short term and could collapse.
the government has banned bitcoin from the past and in fact bitcoin can be translucent from what we expect. the bitcoin price depends on one's request, the government can only prohibit but can not destroy bitcoin just like that. |
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Totoky
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May 29, 2018, 05:29:17 AM |
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It is because the government has a power to ban and regulate or prohibit the used of bitcoin on their restriction. No one can stop people from using something which is decentralized.
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