|
darefreads
|
 |
October 11, 2018, 12:06:44 PM |
|
I don't think governments does not like crypto I mean they maybe thinking for now on how they will they use Crypto as a second currency in fiat in my opinion. And I think it would be helpful to some people like me if they legalized it worldwide that we can use it anywhere.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
Darkdragonzzz
|
|
October 11, 2018, 12:08:38 PM |
|
The government of many countries loyal to cryptocurrency. I think that every developed country was able to appreciate the blockchain technology.
|
|
|
|
globalking
Copper Member
Newbie
 Offline
Activity: 644
Merit: 0
POINTPAY
|
|
October 11, 2018, 12:13:45 PM |
|
people like cryptocurrency because they are earning money the government does not like it because they don't have control over it
|
|
|
|
|
herminio
|
|
October 11, 2018, 12:24:41 PM |
|
These are the reasons why governments do not like crypto at all
Decentralized which is very difficult for them to track illegal transactions
They cannot control it or its very difficult for them to collect taxes from their citizens
|
|
|
|
GalaxyWorld
Member
Offline
Activity: 406
Merit: 10
The Exchange for EOS Community
|
|
October 11, 2018, 01:55:30 PM |
|
Because cryptography is a place where high risk and difficult to manage cash flow. So the government is afraid that money will go away because of money launderers, terrorists, and illegal workers. So the new government is afraid of electronic money.
|
|
|
|
krenus
Member
Offline
Activity: 210
Merit: 10
W12 – Blockchain protocol
|
|
October 11, 2018, 06:26:14 PM |
|
i think this is because they will lose the pvower of tracking down the money! really, if they won't be able to control this fiat flow they would probably feel useless  but it will be changed in the end |
|
|
|
|
cryptogeek101
|
|
October 11, 2018, 06:38:52 PM |
|
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 the reason government don't like cryptocurrency is because they don't to lose control of the financial sector of their economy,most governments are in charge of their central banks so they they like the concept of decentralization which is the ideology of cryptocurrency |
| HOMT | |
●
●
●
●
●
●
●
| | | |
●
●
●
●
●
●
●
| |
Powered by,
|
|
|
|
|
Olatunjex
|
|
October 11, 2018, 08:01:00 PM |
|
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?
Government always want to be in control of fiance decentralizing this sector reduce the power of government over citizens i hope one day control of money will be decentralized. |
|
|
|
|
Veter2000
|
|
October 11, 2018, 08:11:21 PM |
|
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?
It is rather strange if the state liked the free movement of capital, without any possibility of taxing them and identifying the owners. |
|
|
|
|
btctestcolets
Jr. Member
Offline
Activity: 233
Merit: 2
|
|
October 11, 2018, 08:30:04 PM |
|
There are some countries who banned cryptocurrency because of there government policies which they have come up and concluded in prospect that cryptocurrency is soon to be a threat in the economy and industry of taxation. Furthermore, some policies of government is the one who take controls businesses which are good of people in there nation being progressive country.
|
|
|
|
|
tisoysoy
Copper Member
Jr. Member
Offline
Activity: 362
Merit: 1
|
|
October 11, 2018, 08:41:39 PM |
|
There are some countries who banned cryptocurrency because of there government policies which they have come up and concluded in prospect that cryptocurrency is soon to be a threat in the economy and industry of taxation. Furthermore, some policies of government is the one who take controls businesses which are good of people in there nation being progressive country.
They banned crypto immediately because they only supported bank which they think that it's good for the people but in my choose crypto is much better because with or without money to invest still opportunities they have to offer and there's no limited fund to earn though it's not stable but as governments accept this they we're able to plan at a stable price . |
|
|
|
|
primer61
Jr. Member
Offline
Activity: 98
Merit: 1
|
|
October 11, 2018, 08:47:55 PM |
|
Currently Crypto is very unpredictable (where's the promised pump, huh?) and hard to control. Some countries try to find ways to regulate and tax it, but at this point it's hardly technically possible.
How can you tax something that's anonymous and decentralized? What's should the amount of that tax be to compensate for the unstable price? Governments basically have only two solutions: either officially ban Crypto (which will hardly prevent people from using it) or, like Malta, become absolutely open and friendly to Cryptocurrencies and their development.
|
|
|
|
|
|
cc001
|
|
October 12, 2018, 02:30:44 PM |
|
Traditional money is easy to control, and they don’t know how to work with cryptocurrency. Therefore, it is easier to ban.
|
|
|
|
Kelvinovie2
Jr. Member
Offline
Activity: 168
Merit: 1
|
|
October 12, 2018, 02:36:06 PM |
|
The Government hardly makes money from cryptocurrency, because it's difficult for them to tax it, unless you selling your crypto to real time cash, but they can't wait for you to cash out, so that's one reason also they don't have control over it, so they don't like what they can't control.
|
|
|
|
|
detymalse
Member
Offline
Activity: 80
Merit: 10
|
|
October 12, 2018, 02:37:48 PM |
|
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?
It is rather strange if the state liked the free movement of capital, without any possibility of taxing them and identifying the owners. It would not be that strange because the money that they are producing is not genuine money anyhow. |
|
|
|
mariyawisman
Member
Offline
Activity: 197
Merit: 10
|
|
October 12, 2018, 02:42:13 PM |
|
The Government hardly makes money from cryptocurrency, because it's difficult for them to tax it, unless you selling your crypto to real time cash, but they can't wait for you to cash out, so that's one reason also they don't have control over it, so they don't like what they can't control.
The Government can kind of attack Bitcoin and crypto for a short while though they cannot completely remove it. The Government can move some servers and Bitcoin would temporally be more than halfway destroyed. |
|
|
|
|
|
mmo_online_1981
|
|
October 12, 2018, 02:56:37 PM |
|
In my opinion, that is because there is no suitable management plan. It has a certain anonymity so it takes time to get the right solution and be accepted!
|
|
|
|
|
|
kinollihik
|
|
October 12, 2018, 07:21:46 PM |
|
States prohibit cryptocurrency because they cannot control cryptocurrency. And that scares them. This is my opinion
|
|
|
|
|
|
Pechalka
|
|
October 12, 2018, 07:27:03 PM |
|
Government just want to has a total control about and especially money. Free exist of crypto make them nervous about their power.
|
|
|
|
Bro.Jack.Brown
Jr. Member
Offline
Activity: 308
Merit: 1
|
|
October 12, 2018, 07:31:08 PM |
|
The main reason why the rulers do not like this idea with cryptocurrency is a very open exchange of information everything is transparent and thus it will be more difficult for the government to carry out its infernal plans and mass terror against ordinary people who want to live normally.Of course,no one wants to part with the power and the cryptocurrency leads to the fact that the opportunity to steal in those countries where corruption is developed will be reduced to a minimum, although they will find a way out here. But the most important reason for the unprofitability of cryptocurrency is its high volatility and unsubstantiated cryptocurrency assets.
|
|
|
|
|
|
