They are coming with a new way to attack Crypto currencies!

[joel123]

With every new day there is always a new day for them to try and attack cryptocurrencies, I just wonder how long it will take until they finally realize that there is nothing that they can actually do to stop cryptocurrencies.

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[Vladv26]

That's exactly what I thought it will happen. Governments and banks know that they can't destroy or take down bitcoin so the only thing they can do is create their own coins and get them in the top so that they can take control of the market. But the difference is that their coins are not decentralized and they can control them so that people can't do any transactions without them knowing about them.

Governments are probably going to attract some people to their coin since they will present it as the new future without taxes, of course they are going to lie because they know how to manipulate the population. But we, the persons that already know about this should take notice of their plan and be prepared for it.

[kiltvstors]

So rightly we deduce money and taxes do not pay, that's the conclusion that the government is dissatisfied

[Kakmakr]

So rightly we deduce money and taxes do not pay, that's the conclusion that the government is dissatisfied

What are you saying? Should people stop paying taxes to stop this from happing? This will just give them the match to light the fire, if people start doing that. They are doing this to get full control, so if you stop paying taxes with Crypto currencies and you are using these Permissioned Blockchains, then they have access to your money and they can do the transfer of those tokens without your permission. <Alternatively, block you from accessing your coins, until you pay>

This is the danger of giving governments full control over your money, they will find an excuse to take it or to block you from accessing it. https://www.usatoday.com/story/money/business/2013/07/29/bank-of-cyprus-depositors-lose-savings/2595837/   

[neilshetty]

good for different purposes. Really? I mean, for the benefit of the public, do you think the government will not study it first and then step forward to create something like that. Obviously the government will face one of the first places and their blockchain will never work the way they want. But if I were a government, I would never be against the public at such a level.