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Author Topic: Is the government really scary?  (Read 4189 times)
Lauff
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June 27, 2018, 04:09:04 PM
 #201

the government will not be able to move again because everything is transparent, maybe it makes the government afraid of one of them. You are right I feel the government is very afraid of the existence of bitcoin in the presence of this great technology
Escan0r
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June 27, 2018, 04:27:29 PM
 #202

I think the government is afraid of the crypto currency because they can not control it and will also bring down their country's economy, maybe they think like that. Though not necessarily the currency crypto drop the economy of their country.
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June 27, 2018, 09:07:37 PM
 #203

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. Wink

The government was created to serve people and it will always be for the people. Some are banning cryptocurrency because they are not fully aware of the convenience of having cryptocurrency in a country's system. Just take a closer look, only developing countries are supporting bitcoin, countries that are not fully developed are scared to embrace changes that is why they are against it.
Many developed countries are not embracing bitcoin either, besides even if they are doing it right now that does not mean they are going to keep doing it forever they could change their mind if they see the benefits bitcoin bring in taxes are too low compared to all the money they are losing and when that happens I will not be surprised to see a general ban.
Pendularin
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June 28, 2018, 06:17:24 AM
 #204

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. Wink
You will not be scared if you will just follow the government rules and regulations . The government has the power to manipulate as all as we are a part of it .
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June 28, 2018, 06:49:29 AM
 #205

the government will not be able to move again because everything is transparent, maybe it makes the government afraid of one of them. You are right I feel the government is very afraid of the existence of bitcoin in the presence of this great technology

But still they can't even control it yet they can regulate the usage of it. However, I live in a democratic country so it's should be people above the government and our government somehow see cryptos in a good way, maybe because our government is now aware of this though remittances decrease because people choose to use now a digital wallet rather than paying fees. Indeed a big leap of faith in humanity.

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June 28, 2018, 06:55:14 AM
 #206

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. Wink

In my own opinion, governments are not scary because they cannot manipulate the market price and people will still have the freedom in terms of becoming financially stabled.

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June 28, 2018, 07:23:07 AM
 #207

Government want to have control over the market of cryptocurrency and this is not possible, reason why I feel thy are scary, overtime sure they will  enact a law that will ensure they have a stack in the platform, especially.
chrisculanag
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June 28, 2018, 07:24:18 AM
 #208

The government is not afraid of cryptocurrencies , I think they are more examining how crypto can help the community and what is purpose of this if government accept this. Let's look into the next few years if other countries will be supported in using crypto .

South Park
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June 28, 2018, 09:32:48 PM
 #209

The government is not afraid of cryptocurrencies , I think they are more examining how crypto can help the community and what is purpose of this if government accept this. Let's look into the next few years if other countries will be supported in using crypto .
Of course they are afraid of cryptocurrencies, governments have a very tight control over the economy since they charge taxes, invest in it, create laws and regulations, they create jobs in the government and they print the currency used by everyone, cryptocurrencies have a huge effect in all of those aspects of the economy and if successful it will change it forever and will take away power from the government.
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June 28, 2018, 11:40:42 PM
 #210

We know if you experiencing the first time of course you are also afraid in my country our government was also afraid in cryptocurrency they didn't want to adopt cryptocurrency because of those scammers and they victim our countrymen. We know also that the government world in terms of money if the world already implement or already using the digital money the government should not also get a backpay or under the table.
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June 29, 2018, 07:39:53 AM
 #211

Actually the government is not too scary because with the existence of today's crypto one can try to invest in order to obtain an income so that they can live prosperous and the government simply urges them not to focus too much on the crypto that will suddenly experience a problem related to the exchange rate.

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June 29, 2018, 07:44:00 AM
 #212

Governments were really scary about the growth of bitcoin as well the cryptocurrency network. At some countries the opposition of the government against bitcoin is because of the fear prevailing among the banking industry which is responsible for the financial administration of the country.
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June 29, 2018, 08:42:17 AM
 #213

Governments were really scary about the growth of bitcoin as well the cryptocurrency network. At some countries the opposition of the government against bitcoin is because of the fear prevailing among the banking industry which is responsible for the financial administration of the country.
Government and cryptocurrency are two opposite bodies and have different functionalities in terms of exchanges and as a store of value. Cryptocurrency is decentralized while fiat is centralized. I don't think that all forms of governments are against cryptocurrency, because there are already other countries that approved the existence of cryptocurrencies. There can be issues, controversies, misconceptions, but I believe that proper education and setting awareness are important factors to change the view of the public and or the government into something glorious.

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BitcoinCommodor
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June 30, 2018, 09:34:01 AM
 #214

the government will not be able to move again because everything is transparent, maybe it makes the government afraid of one of them. You are right I feel the government is very afraid of the existence of bitcoin in the presence of this great technology
Governments and banks are in situations which are not favorable for them and they are under huge pressure because the Crypto market is improving with the passage of time. Even if a government can not recognize the Bitcoin then at the end they will have to adopt it because the Bitcoin is spreading all over the world and when it gains the most support then the countries which oppose it will recognize it too.
Indai24
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June 30, 2018, 10:23:27 AM
 #215

the government will not be able to move again because everything is transparent, maybe it makes the government afraid of one of them. You are right I feel the government is very afraid of the existence of bitcoin in the presence of this great technology
Governments and banks are in situations which are not favorable for them and they are under huge pressure because the Crypto market is improving with the passage of time. Even if a government can not recognize the Bitcoin then at the end they will have to adopt it because the Bitcoin is spreading all over the world and when it gains the most support then the countries which oppose it will recognize it too.

Government are just doing their job and for me they are not scary, they are the ones responsible for the safety of our economy that is why they have to control what to allow and what not to allow however they really did not disallow bitcoin, they just dont recognized it.
trako
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June 30, 2018, 12:06:38 PM
 #216

governments can sometimes be frightening. There are dictator presidents. but when we look at the world as a whole, we need governments. I care about the state system. I think intervention in some issues is necessary.
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June 30, 2018, 12:09:04 PM
 #217

the government will not be able to move again because everything is transparent, maybe it makes the government afraid of one of them. You are right I feel the government is very afraid of the existence of bitcoin in the presence of this great technology
Governments and banks are in situations which are not favorable for them and they are under huge pressure because the Crypto market is improving with the passage of time. Even if a government can not recognize the Bitcoin then at the end they will have to adopt it because the Bitcoin is spreading all over the world and when it gains the most support then the countries which oppose it will recognize it too.

Government are just doing their job and for me they are not scary, they are the ones responsible for the safety of our economy that is why they have to control what to allow and what not to allow however they really did not disallow bitcoin, they just dont recognized it.

I agree and government is just protecting its people from any thing that they think can harm its people. Otherwise, government is up to something because of their own interest. Actually, I'm jealous to other countries like Japan that their government acknowledge the usage of cryptos especially bitcoin as it can really help the community for a massive adaption. Hopefully, more countries will start to recognize and see what cryptos can do.

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June 30, 2018, 12:22:33 PM
 #218

Governments were really scary about the growth of bitcoin as well the cryptocurrency network. At some countries the opposition of the government against bitcoin is because of the fear prevailing among the banking industry which is responsible for the financial administration of the country.
i dont think so,, goverment actually not scary about bitcoin developtment.they want take taxes from bitcoin and cryptocurrency community.so they get much money source to provide public facilities for their cityzen.
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June 30, 2018, 01:04:57 PM
 #219

Governments were really scary about the growth of bitcoin as well the cryptocurrency network. At some countries the opposition of the government against bitcoin is because of the fear prevailing among the banking industry which is responsible for the financial administration of the country.
i dont think so,, goverment actually not scary about bitcoin developtment.they want take taxes from bitcoin and cryptocurrency community.so they get much money source to provide public facilities for their cityzen.
They are scared about bitcoin because even though they can get some tax from it, it is still not enough for them to forget why they are scared and they are scared because it is a revolutionary currency and because of its new ideas and technology, it can surpass fiat money and just get more users from fiat to transfer to crypto because of its amazing features and benefits.
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June 30, 2018, 02:03:20 PM
 #220

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. Wink


I don't think that they might track nor control the transactions of cryptocurrency. It would be hard for them to manipulate it so being scared of them isn't a big deal. They can't control cryptocurrency because it is actually anonymous and there's no way for them to rob our assets. It is actually something to be thankful for because it helps the government grow.

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