Bitcoin Forum
April 16, 2024, 04:52:11 AM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3] 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 ... 72 »
  Print  
Author Topic: Why Government does not like crypto?  (Read 15071 times)
regtrade
Member
**
Offline Offline

Activity: 194
Merit: 10


View Profile
September 21, 2018, 06:21:54 AM
 #41

Cryptocurrency is the most popular terms nowadays. People like cryptocurrency so much. Many people are involving in the crypto world. Everyone wants to earn money from cryptocurrency. While people are liking cryptocurrency, Government does not like it at all. In some countries, the government banned the cryptocurrency. What is the reason behind this banned?

Because they can not control money, and all transactions, address is public. They can not do anything corruption anymore, civilians can track wallet address.

[   BITVALVEⓇ   |   P2P CRYPTO EXCHANGE   ]      ▬▬▬▬    BITVALVE
                                   ❱ BUY BITCOIN       ❱ BUY ETHEREUM                     BUY LITECOIN
                                             ❱ BUY BITCOIN WITH PAYPAL      ❱ BUY ETHEREUM WITH PAYPAL              [   ◾◾◾ JOIN BITVALVE   ◾   WHITEPAPER   ]
1713243131
Hero Member
*
Offline Offline

Posts: 1713243131

View Profile Personal Message (Offline)

Ignore
1713243131
Reply with quote  #2

1713243131
Report to moderator
1713243131
Hero Member
*
Offline Offline

Posts: 1713243131

View Profile Personal Message (Offline)

Ignore
1713243131
Reply with quote  #2

1713243131
Report to moderator
If you want to be a moderator, report many posts with accuracy. You will be noticed.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
Tom Shelby
Member
**
Offline Offline

Activity: 160
Merit: 10


View Profile
September 21, 2018, 06:22:46 AM
 #42

Because they can not influence and manipulate the market. And they want to control everything. And many people want to share with him. And they will not get anything from this. And banks will not be needed for crypto currency. And for them this is the main feeder.
mullzerwar
Sr. Member
****
Offline Offline

Activity: 574
Merit: 250


View Profile
September 21, 2018, 06:27:00 AM
 #43

It is definitely still has something to do with crypto technology apply. where everything decentralized without a complicated rules. and will never know, who will be responsible if there is trouble. It is rated very dangerous by the Government.
hanxinvwang
Full Member
***
Offline Offline

Activity: 350
Merit: 100



View Profile
September 21, 2018, 06:32:59 AM
 #44

Not all governments don’t like cryptocurrencies, and some countries can get considerable tax revenue from cryptocurrencies.

▬▬▬▬▬▬▬▬▬▬  ▬▬▬▬▬▬  ▬▬▬▬▬▬  ▬▬▬▬  ▬▬▬▬ |  𝗘𝘁𝗵𝗲𝗿𝗲𝘂𝗺 𝗖𝗹𝗮𝘀𝘀𝗶𝗰 𝗩𝗶𝘀𝗶𝗼𝗻    ▬▬  ▬▬  ▬  ▬  ▬  ▬  ▬  ▬  ▬  ▬  ▬  ▬
▬▬ ▬▬ ▬▬ Hard fork Ethereum  ▬▬▬ ▬▬▬ ▬▬▬▬ ▬▬▬▬▬▬  11.1.19  ▬▬▬▬▬▬  ▬▬▬▬▬▬  ▬▬▬▬  ANN  ▬▬▬▬ ▬▬▬▬▬▬
▬▬▬▬ All Ethereum holders will receive 3 ETCV ▬▬▬▬▬▬▬▬  ▬▬▬▬▬▬  Telegram  ▬▬▬▬▬  Twitter  ▬▬▬▬  White Paper  ▬▬▬ ▬▬
Mbok Ajeng
Newbie
*
Offline Offline

Activity: 127
Merit: 0


View Profile
September 21, 2018, 06:39:09 AM
 #45

there are several reasons why the government prohibits cryptocurreency. one of them is because of the many cases of losses experienced by many people. so many people who suffered losses made the government have to think again to legalize cryptocurrecy. but we have to know that it all depends on each person. if we can use it well then it will give a big profits
waser12
Full Member
***
Offline Offline

Activity: 476
Merit: 100



View Profile WWW
September 21, 2018, 06:44:02 AM
 #46

Cryptocurrencies can not be regulated and most of them are anonymous. For the authorities it is not acceptable terms.

Jianailiang
Newbie
*
Offline Offline

Activity: 81
Merit: 0


View Profile
September 21, 2018, 06:50:33 AM
 #47

The massive spread of cryptocurrencies will cause the government to lose control of the economy. But this is not a bad thing. When the government leaves the economy, perhaps the world will be more peaceful.
FurDich
Member
**
Offline Offline

Activity: 208
Merit: 10


View Profile
September 21, 2018, 07:01:06 AM
 #48

Cryptocurrency is the most popular terms nowadays. People like cryptocurrency so much. Many people are involving in the crypto world. Everyone wants to earn money from cryptocurrency. While people are liking cryptocurrency, Government does not like it at all. In some countries, the government banned the cryptocurrency. What is the reason behind this banned?
the government are afraid that through cryptocurrency, its gonna collapse the economy of the nation if crypto is widely used, as they declared. but for me. the government doesnt need to be involve in economy and instead they should govern only the people
deviltasha
Jr. Member
*
Offline Offline

Activity: 308
Merit: 2


View Profile
September 21, 2018, 07:03:08 AM
 #49

We cannot say that do not like, I guess it is difficult to regulate crypto, it is difficult to avoid some related crimes, to reduce illegal actions, so they are just careful.
Icologies
Full Member
***
Offline Offline

Activity: 994
Merit: 100


SAPG Pre-Sale Live on Uniswap!


View Profile
September 21, 2018, 07:13:09 AM
 #50

which government, how many developed countries that want to receive crypto are even used as a transaction tool because of their speed and ease of transaction. the government does not prohibit the use of crypto, but the government only calls for caution. all risks are borne by crypto users, because they think crypto is very high risk.

CreamIce
Jr. Member
*
Offline Offline

Activity: 126
Merit: 1


View Profile
September 21, 2018, 07:21:06 AM
 #51

Cryptocurrency is the most popular terms nowadays. People like cryptocurrency so much. Many people are involving in the crypto world. Everyone wants to earn money from cryptocurrency. While people are liking cryptocurrency, Government does not like it at all. In some countries, the government banned the cryptocurrency. What is the reason behind this banned?

Governments like control. That's what keeps them in demand. Crypto will take away their role in deciding the economy. They will no longer be in control of the major policies and thus their importance will decline.
They keep trying to bring in regulations and summon crypto investors from time to time but nothing is going to work as long as the market keeps growing. We just need to keep our faith high if we believe in the future.
Gelesko
Member
**
Offline Offline

Activity: 322
Merit: 10


View Profile
September 21, 2018, 07:25:28 AM
 #52

Cryptocurrency is the most popular terms nowadays. People like cryptocurrency so much. Many people are involving in the crypto world. Everyone wants to earn money from cryptocurrency. While people are liking cryptocurrency, Government does not like it at all. In some countries, the government banned the cryptocurrency. What is the reason behind this banned?
I think because government has lack of brains LOL. To be honest I think the reason of banning it, they are scared of financial pyramid's which will then lead to financial crisis and financial collapse, they don't get money from taxes and the main reason they can't control it, as there is no institutions and staff like that which is not regulated by the government. Basically they don't let the people be involved in it, as there is a risk! If people invest all their money, they might lose house/car/job and it will be an effect of domino, which will lead to the total chaos of people not paying their credits, houses/cars and ect will be flooded on sale and the prices on properties and ect will collapse letting inflation to slow down. I hope you got my view on this and I have explained clearly

zikzag
Member
**
Offline Offline

Activity: 588
Merit: 10

Minter


View Profile
September 21, 2018, 07:29:24 AM
 #53

I think the main reason for banning crypto-currency is decentralization. The government does not like technology that can not be regulated.

MINTER - WE MINT COINS AND CREATE THE INTERNET OF MONEY
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Telegram  |  Bip Wallet  |  Twitter
warning_btc
Member
**
Offline Offline

Activity: 378
Merit: 11

Decentralized Digital Billboards


View Profile
September 21, 2018, 07:30:23 AM
 #54

Cryptos very unstable and its right what government try protect their citizens from it.
What wil be if some country totally invest in crypto in january 2018, its was defeated.

CrimBit
Hero Member
*****
Offline Offline

Activity: 672
Merit: 500



View Profile
September 21, 2018, 07:45:02 AM
 #55

The government stated that having a virtual currency is very risky and full of speculation because there is no responsible authority and no official administrator. and Bitcoin is also a decentralized currency making it difficult for the government to generate taxes from transactions made by Bitcoin.
jyaken
Hero Member
*****
Offline Offline

Activity: 810
Merit: 1000


Your professional profile on the blockchain


View Profile
September 21, 2018, 07:50:05 AM
 #56

Cryptocurrency is the most popular terms nowadays. People like cryptocurrency so much. Many people are involving in the crypto world. Everyone wants to earn money from cryptocurrency. While people are liking cryptocurrency, Government does not like it at all. In some countries, the government banned the cryptocurrency. What is the reason behind this banned?
What happen in recent days from Russian football association allowing people to buy ticket with bitcoin (ticketing system integration payment -bitcoin\altcoins) and the story of Russian club bought with bitcoin , Those official two move from Russian government is new start for new era .
I hope other governments who afraid from decentralization do the same specially china .
honghe99
Member
**
Offline Offline

Activity: 406
Merit: 10

Buy, sell and store real cryptocurrencies


View Profile
September 21, 2018, 07:56:04 AM
 #57

I think the main reason for the ban is the decentralization mechanism of cryptocurrencies. Since most countries' economies are controlled by the government, cryptocurrencies will make them lose such control!

■         ■         ■         ■         ■         ■         L B X         ■         ■         ■         ■         ■         ■
■     The London Block Exchange     ■──[│  P R E S A L E is L I V E !  │]──■
■  Facebook  ■  Twitter  ■  Medium  ■──  Download On  ──[ GOOGLE PLAYAPP STORE ]──■
Shimmiry
Full Member
***
Offline Offline

Activity: 840
Merit: 105


★Bitvest.io★ Play Plinko or Invest!


View Profile
September 21, 2018, 07:57:24 AM
 #58

Cryptocurrency is the most popular terms nowadays. People like cryptocurrency so much. Many people are involving in the crypto world. Everyone wants to earn money from cryptocurrency. While people are liking cryptocurrency, Government does not like it at all. In some countries, the government banned the cryptocurrency. What is the reason behind this banned?

Simply because they cannot regulate the bitcoin which is the thing that they do not like. With this we can say that they do not want cryptocurrency because they cannot get a hold into it. They do not like it. This is mot necessary for them. They want everything to be im their control.

Sadyshagg
Member
**
Offline Offline

Activity: 308
Merit: 10


View Profile
September 21, 2018, 08:05:17 AM
 #59

Automatically every country will definitely try to make policies so that real currencies must be used and minimize the use of cryptocurrencies.
z21770179
Sr. Member
****
Offline Offline

Activity: 474
Merit: 250


View Profile
September 21, 2018, 09:15:16 AM
 #60

It is definitely still has something to do with crypto technology apply. where everything decentralized without a complicated rules. and will never know, who will be responsible if there is trouble. It is rated very dangerous by the Government.

Another reason is not a country non are enough enough and the power for their own their own nick, and the life of the people in the third water have no toys and water drink for use daily date, do they can be use crypto? I think not
Pages: « 1 2 [3] 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 ... 72 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!