Is the government really scary?

[Kambal2000]

I think no. We should understand government policy. But the main reason is media.if  They talk about some thing for sure government will handle and in this case government might be scary.

That is right, we cannot blame our government if they will do such thing, don't be scared to them as they are just doing what they think is right with their country, just trust them if they are not in favor with bitcoin for sure they have their basis with their decision and we can just show them the advantage of bitcoin and not just hating them.

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[airdrophunter]

Government are in any ways really scary because they can do what they want and considering that they could not get anything from people's crypto earnings through taxes because cryptocurrencies are mostly decentralized, then they will just ban cryptos rather than seeing some people who are becoming wealthy because of cryptos.

[arin_muah]

Government are in any ways really scary because they can do what they want and considering that they could not get anything from people's crypto earnings through taxes because cryptocurrencies are mostly decentralized, then they will just ban cryptos rather than seeing some people who are becoming wealthy because of cryptos.

goverment actually want to control this market.by controlling it they able to track amount of money that circulate in crypto.if they know this data in exchange they can easily attract taxes from us.

[brandsdk]

Government are in any ways really scary because they can do what they want and considering that they could not get anything from people's crypto earnings through taxes because cryptocurrencies are mostly decentralized, then they will just ban cryptos rather than seeing some people who are becoming wealthy because of cryptos.

goverment actually want to control this market.by controlling it they able to track amount of money that circulate in crypto.if they know this data in exchange they can easily attract taxes from us.

i couldn't agree more . that the government want to control what we have or the transaction that we do. i think maybe the government try they way to control the crypto market

[Aris novianto]

the truth is the government is not scary, the scary is the income from bitcoin, so the government switch or want to kill income from bitcoin, in fact the standard bitcoin income

[nur rochid]

the truth is the government is not scary, the scary is the income from bitcoin, so the government switch or want to kill income from bitcoin, in fact the standard bitcoin income

i think the government is worried about the nature of bitcoin that is decentralized, so it's difficult to regulate it. besides that, it is feared that there will be a bubble, so that the people will be harmed, and will disrupt the country's economy

[concept2]

No. Government is not scary at all. They are just wise and powerful. they are powerful because they have a lot of money. As we can see today, there are lots of countries which their government are corrupts and involves in crimes. If we have so much money like the government, then we dont need to be afraid. If we use and invest in cryptocurrency  like bitcoin, we will be richer than them if we get our income. Remember that bitcoin is a legit cryptocurrency. Not a scam.

I do agree that governments are not scary but that doesn't mean we can underestimate their power since they can manipulate lots of thing, even this cryptocurrency market by banning bitcoin and other coins or limiting its users' freedom with strict rules. Moreover, bitcoin is still not seen as a legal currency in some parts of the world. There are places strongly prohibit the use of bitcoin and give false news of bitcoin to their citizens in order to make a really bad impression about bitcoin. In the end, governments do so just for their own good and they are willing to do anything to take money from us. So I could conclude that they are partly scary and we should be wise with our actions.

[stasiulman]

The government is afraid of losing control. Bitcoin is anarchic in its nature.
At the moment, all disputes, in economic particular, are regulated by the state. That is, the state is a monopolistic agent in all spheres of life.
Loss of control is the loss of state positions.
I mean that the essence of statehood and the essence of bitcoin (cryptocurrencies in whole) are mutually exclusive phenomena.

[NewRanger]

the truth is the government is not scary, the scary is the income from bitcoin, so the government switch or want to kill income from bitcoin, in fact the standard bitcoin income

i think the government is worried about the nature of bitcoin that is decentralized, so it's difficult to regulate it. besides that, it is feared that there will be a bubble, so that the people will be harmed, and will disrupt the country's economy

bitcoin buble or what ever people said it, it will  make significant effect to country's economy.but opposite with this, cryptocurrency give much poeple way how to change their life.we can take opportunity to earn money so they will become prosperous

[Genemind]

Many people say the government is not interested in cryptocurrency. Many people think the government has prohibit
crypto to protect investors from risks. Maybe in your country, that's true. But in some countries, especially developing countries, the government just wants to rob your assets. They rob publicly, lawfully and as much as possible. they are really bandits.I'm not afraid what they do. Because we have many ways to fight them. But this world is not as simple as you think.They can kill you if you are demonstrating.
You can ask any vietnamese that : Do you support your government ? I bet 99% answer is never. 1% remaining I'm sure they are goverment employee or their family.

It depends on what country are you living. In our country, most people are using cryptocurrency as another means of transferring funds, and rhe government supported it. But, they are still providing awareness on cryptocurrency risk and scam awareness.

[Soots]

the truth is the government is not scary, the scary is the income from bitcoin, so the government switch or want to kill income from bitcoin, in fact the standard bitcoin income

i think the government is worried about the nature of bitcoin that is decentralized, so it's difficult to regulate it. besides that, it is feared that there will be a bubble, so that the people will be harmed, and will disrupt the country's economy

bitcoin buble or what ever people said it, it will  make significant effect to country's economy.but opposite with this, cryptocurrency give much poeple way how to change their life.we can take opportunity to earn money so they will become prosperous

Every person has their own perceptions with bitcoin, and I know those bubble speculations was propagating nevative effects. I don't it has a significant effect on the economy unless there's a big war against neighboring countries. The government was on centralized currency, so therefore no such issues against decentralized because its separately recognized by crypto traders who dedicatedly involved in discreet modes.

[eduardoabordo]

i don't need to scared because you are using crypto currency? if they want to speak you about crypto currency explain them and there's no need to scared in the governments.

[Kris34]

They have their vision of their country. If they are not sure how to accept bitcoin, so it has its own reasons.

[Vs225655]

I fully support you. Governments of most countries do not want to legalize the crypt because they are not able to earn anything on it.

[Dudeperfect]

Well, it's not against the government but the philosophy of centralisation. When the world is moving forward with the advancements in technology, it is the time to optimise our traditional system and philosophies behind it. Decentralisation came up with the solution to reduce cost and time for the transaction in the form of blockchain based cryptocurrencies and that's why some people are preferring it. It's not against the government or any other institution but it's more about growing trust and enthusiasm towards new generation technology and philosophy.

[worle1bm]

Many people say the government is not interested in cryptocurrency. Many people think the government has prohibit
crypto to protect investors from risks. Maybe in your country, that's true. But in some countries, especially developing countries, the government just wants to rob your assets. They rob publicly, lawfully and as much as possible. they are really bandits.I'm not afraid what they do. Because we have many ways to fight them. But this world is not as simple as you think.They can kill you if you are demonstrating.
You can ask any vietnamese that : Do you support your government ? I bet 99% answer is never. 1% remaining I'm sure they are goverment employee or their family.

The governments can't kill you just for hodling these cryptocurrencies because even if they put a ban and you do trading then you can be fined or sent behind bars for some time but there is no such provision to kill you.They can just warn you and you do such works on your own risk.They are fearing illegal activities concerned with its usage or they don't have control over them unlike fiat.So don't worry about such things.

[onrise]

the truth is the government is not scary, the scary is the income from bitcoin, so the government switch or want to kill income from bitcoin, in fact the standard bitcoin income

Government would be happy if people make income from the bitcoin as it will help them to get more tax. The issue is the misuse which can happen among the bitcoin and thus it can cause the negative impression among the people and also can effect the economy as a whole.

[Henry Sy]

Many people say the government is not interested in cryptocurrency. Many people think the government has prohibit
crypto to protect investors from risks. Maybe in your country, that's true. But in some countries, especially developing countries, the government just wants to rob your assets. They rob publicly, lawfully and as much as possible. they are really bandits.I'm not afraid what they do. Because we have many ways to fight them. But this world is not as simple as you think.They can kill you if you are demonstrating.
You can ask any vietnamese that : Do you support your government ? I bet 99% answer is never. 1% remaining I'm sure they are goverment employee or their family.

We have a similar government I think in light of the fact that in our nation government did not have any desire to go into crypto but rather the compatriots are caution about the interest in crypto on the grounds that a considerable measure of occurrences are accounted for some individuals got trick through crypto and to be by and large "bitcoin" as they said.

[repzaj]

ofcourse it is really scary for them because this is will be hard to deal. the government will be faces a lot of tax evasion etc. That is why government is still studying what are the good possibilities and how to deal the bad possibilities.

[Apiapik]

Decentralization comes with a solution to reduce the cost and time for transactions in the form of blockchain based cryptocurrencies and that's why some people prefer it. This is not against the government or other institutions, but rather the growing confidence and enthusiasm for new generation technology and philosophy. As the world moves forward with technological advances, it is time to optimize our traditional systems and philosophy behind it.