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Author Topic: Is the government really scary?  (Read 4135 times)
marcous
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July 24, 2018, 03:58:45 PM
 #301

But now the government has started to look at bitcoin and technology blockchain. as well as some countries have received cryptocurrency as a means of payment. this is a good advancement for both traders and investors.

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Sandijoee
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July 24, 2018, 03:59:40 PM
 #302

Why be afraid of the government?
the government is not god nor is it even a frightening Monster. The government is just like us ordinary human beings are also just a higher position.
v3liana
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July 24, 2018, 04:09:42 PM
 #303

I believe goverment is not afraid, they do have an interest in cryptocurrency. What they want to do is to know it more deeper and i believe they want to find away which trasaction and the uses of cryptocurrency would favor their side. A lot of goverment and big companies start to invest in blockchain program which i believe blockchain always lead into cryptocurrency cause crypto are part of blockchain technology.  Lets just be patience and let the goverment doing their research i believe in the end there is no way for goverment to reject it and they would never be able to kill it.

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July 24, 2018, 04:22:18 PM
 #304

if I think the government is not scary, the government is the same as us as ordinary people. But those who govern our country in order to prosper.
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July 24, 2018, 04:58:36 PM
 #305

I don't actually agree that the government is scary. The truth is that people will just have to abide by the laws and constitution of the land. But I expect the government to make policies that are favourable to the people.
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July 25, 2018, 09:34:10 AM
 #306

welcome crypto currency is not much. Besides, the samething goes with crypto currency prohibition and the reason behind some crypto currency prohibition are
1)  the crypto currency scam which happened last year
2) Some government scared bitcoin will expose their failure to us because Bitcoin was created to fix the problem caused by the government in terms of financial system/inflation.

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Bonsaiav
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July 25, 2018, 09:56:47 AM
 #307

In the least we never fear the government, there is one that we fear from them that's his prerogative. With its prerogative, the government can kill anyone including its citizens even though with unreasonable legal reasons.

ngano ba
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July 25, 2018, 10:13:58 AM
 #308

No ,the government is not so scary , they are just implementing the rules of the land, in bitcoin they just want to be transparent ,and they want bitcoin to be regulated in the case the bitcoin will become legit.
Ava Duvall
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July 25, 2018, 10:24:49 AM
 #309

I don`t think that any govenment officials can track and steal your crypto currencies,if you store them on a decentralized wallet and you keep your private keys in a safe place.The Vietnamese communist governments might be really scary,but they can`t find your crypto.The european govenments aren`t that scary,they will never try to rob someone`s financial assets.
exactly. a totalitarian government is probably the most depressing thing o happen to a country. it does no good i personally don't understand how citizens put up with it. as regarding cryptocurrencies, governments that reject them and ban them think they are good but people will find a way.
Tukang Becak
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July 25, 2018, 10:26:01 AM
 #310

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.

Should the government think wisely, as long as it is profitable and make the economy better than certainly bitcoin legalize is better than fear and bitcoin banned.
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July 25, 2018, 11:00:56 AM
 #311

It is very hard to agree to major changes. If crypto replaces banks, it will make the governments very weak as they have almost no control on crypto.
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July 25, 2018, 11:22:08 AM
 #312

No ,the government is not so scary , they are just implementing the rules of the land, in bitcoin they just want to be transparent ,and they want bitcoin to be regulated in the case the bitcoin will become legit.

Yes, for me the government is nothing to scary about bitcoin prosper because it helps the people to earn huge income. And in this way it will help to grow economic of the country because people can afford to buy with something they needed with taxable transaction. So it is in great helps of economic improvement the existence of bitcoin in each countries and nothing to scary about it.
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July 25, 2018, 11:42:57 AM
 #313

I do not think the government is scary. Governments are a part of a country and set policies for a developed country. So I always believed in what my government was doing.
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July 25, 2018, 11:53:21 AM
 #314

Government actually is not so scary , the government implements the rules and regulations of the land , in bitcoin the goverent needs to regulate the movement and activities of the cryptos , in order that they will not be blame by the people in which they recognized and make bitcoin legit.

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July 25, 2018, 12:28:01 PM
 #315

Government scared about Bitcoin that Bitcoin will encourage illegal activities but being optimist Bitcoin have positive mpacts on state and economy of the country.Bitcoin reduce the expenditure of fiat money printing and supply.Government must think positively and make necessary possibilties that common people take benefit from Bitcoin.
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July 25, 2018, 12:43:05 PM
 #316

It looks like the government is afraid of crypto because of the obscurity and anonymous crypto form. Crypto prices which are sometimes quite high and their anonymous form clearly make the government afraid, especially when there are often frauds involving crypto with substantial losses. In fact, I support the government to accept crypto and then make a regulation about crypto itself to make it clearer and not a means to deceive.
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July 25, 2018, 01:20:31 PM
 #317

Government are really scary about bitcoin because they bypass government policy and also rule and regulation.  The evasion of tax is another  way bitcoin is not supported by any government.
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July 25, 2018, 02:18:00 PM
 #318

Not really in fact the government is very helpful in promoting healthy environment for bitcoin and cryptocurrency. Just like any other country bitcoin and cryptocurrency here in our country is being regulated so which means we have to do KYC in the exchange of crypto and fiat and so does those ICO projects being based on our country should be registered to avoid conflict and scam. So better they should keep their promise or else they will be put to jail on these ICO team that includes the CEO of the project.
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July 26, 2018, 07:45:09 AM
 #319

Government are really scary about bitcoin because they bypass government policy and also rule and regulation.  The evasion of tax is another  way bitcoin is not supported by any government.


I think they are scary because of they cannot get some benefits from the bitcoin and they cannot control bitcoin like what they do with their fiat. and to solve this, maybe they will make a regulation to control bitcoin and cryptocurrency so they can know who is the people which stay behind the crypto and they can see how big the crypto can grow. maybe the tax is a good choice for them to control bitcoin user and they can get some money from bitcoin user and it means more money for the economic country.
andika2018
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July 26, 2018, 08:52:43 AM
 #320

Maybe government afraid on cryptocurrency because they can not control it. If government have knowledge about cryptocurrency like other advance country, government will earn more taxes, from ICOs and crypto trading. Government should not be affraid with cryptocurrency, government should take benefits from cryptocurrency market because market value in crypto always growing bigger
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