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mirgo1791
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February 05, 2019, 06:46:28 PM |
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to avoid the transmission into account as the different books of ledger to qualify as aspects on initials with decision on referring use of option on disputing unit on identification as preparing works on qualifying decision on release from the desks of arrangement.
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ilhamsugihamin
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February 05, 2019, 06:53:24 PM |
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the strongest reason in my opinion is that there are still many crypto regulations that must be corrected and also affect the value of a country's currency. but in my country crypto is not prohibited.
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baobao2000
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February 05, 2019, 07:07:02 PM |
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Government like to control everything, it is easy for them to track down bank transaction, in some situation government can freeze the bank account and check all the transaction information if they need. It is hard to watch cryptocurrency.Cryptocurrency is decimalized and make difficult for government to find who own what.
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coaprotet
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KNL Ecosystem - Invest. Trade. Earn.
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February 05, 2019, 07:14:51 PM |
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If I would control the whole money movements on the planet, I would also be afraid of some technology that allows to stay anonymous and not to pay taxes. Governments won't accept crypto, they would try to regulate it.
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Cyptobonds1
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February 05, 2019, 07:49:04 PM |
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I believe it because people are still patronizing banks, there will be time everything will totally change and government will want to involve in it. The only issue is that crypto prices are not being regulate which can cause losses.
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goodbuybitcoin
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February 05, 2019, 08:12:47 PM |
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I think that people will accept crypto someday. But at the moment, some countries do not understand what a blockchain is.
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maculeth
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BountyMarketCap
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February 06, 2019, 02:46:23 PM |
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because bitcoin can damage the economic market because the price is fluctuating and the price changes are very fast and big. if it is used as a product conversion, it will be difficult and may fail to reach the goal. if it can stabilize prices, maybe bitcoin will be better than fiat.
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TastyChillySauce00
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Leading Crypto Sports Betting & Casino Platform
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February 06, 2019, 03:11:19 PM |
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because bitcoin can damage the economic market because the price is fluctuating and the price changes are very fast and big. if it is used as a product conversion, it will be difficult and may fail to reach the goal. if it can stabilize prices, maybe bitcoin will be better than fiat.
Even gold with really huge market capitalization has had price rally and downfall whereas bitcoin is nowhere near gold’s market cap and that just actually seems like a wishful thinking but. We are really hoping such thing to happen of course. |
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zee11225
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“A nexgen decentralized ride hailing ”
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February 06, 2019, 03:14:54 PM |
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to avoid the transmission into account as the different books of ledger to qualify as aspects on initials with decision on referring use of option on disputing unit on identification as preparing works on qualifying decision on release from the desks of arrangement.
The government does not like cryptocurrency because it is decentralized and peer to peer. The government wants all activities monitored for state security and income. If that cannot be done, a way can be found to suppress unpopular policies, such as declaring illegal cryptocurrency or becoming a place for prohibited transactions such as money laundering or drugs. |
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ongkok87
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February 06, 2019, 03:15:19 PM |
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Many governments are afraid that if they approve crypto transactions then it will make huge impact on their own country currency as crypto transactions charge very low fee for each transaction and it is also a very fast transfer.
it seems that the government is afraid of this, and what is feared is that people in the country are using crypto for transaction tools that make their currencies a little to use. because crypto has a big impact on the government |
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Mr.grin
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February 06, 2019, 03:18:27 PM |
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because bitcoin can damage the economic market because the price is fluctuating and the price changes are very fast and big. if it is used as a product conversion, it will be difficult and may fail to reach the goal. if it can stabilize prices, maybe bitcoin will be better than fiat.
Even gold with really huge market capitalization has had price rally and downfall whereas bitcoin is nowhere near gold’s market cap and that just actually seems like a wishful thinking but. We are really hoping such thing to happen of course. well, maybe the government is always thinking about its adverse effects, but we know that it is not true. opposition to regulations, and also the risks to new people might make the government dislike crypto. but we always hope that the government will respond positively to this. |
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trudovik
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February 06, 2019, 03:21:15 PM |
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Most likely, the government authorities simply do not understand what it is and probably people just don’t understand what the blockchain is for and why cryptocurrency is used in general. Therefore, I see the situation as follows.
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Lanzer
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February 06, 2019, 04:16:51 PM |
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never unlike all governments this government Venezuela like a crypto
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Mmesooma1
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February 06, 2019, 04:46:40 PM |
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Obviously the government doesn't like what they can't control or influence and they have seen that bitcoin can be the most acceptable currency on the Internet so they plan to get a fair share of it
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Pithaxz
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EPSILOAN.xyz
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February 06, 2019, 05:00:07 PM |
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yes you are right that crypto is profitable and also at great risk, in my country until now the crypto world has continued to develop well but the government has banned crypto because it is risky and in addition the government also allows crypto users to use it for investment means. and of course the risk is borne by each user
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caffu chino
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February 06, 2019, 05:09:06 PM |
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crypto has advantages such as anonymity and untraceability. and I think that's why crypto can disrupt finance in that country. that's the reason why the government doesn't like crypto. crypto has advantages such as anonymity and untraceability.
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nangiarushali
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February 06, 2019, 05:33:11 PM |
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Government is the main organising and controlling body of the country. Everything taking place in the country has to be under its control and as per its guidance. But the cryptocurrency can not be controlled by such bodies. Therefore, government does not like cryptocurrency.
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cichaescut
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SYNCHROBIT
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February 06, 2019, 05:36:35 PM |
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It does not matter if they like it or not. In upcoming years they will be forced to accept it, when the mass adoption is going to arrive. I have absolutely no doubts that government would regulate crypto, simply because they can and it would not be anonymous anymore.
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ninja811
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CurioInvest [IEO Live]
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February 06, 2019, 05:51:49 PM |
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The government of many countries does not like cryptocurrency, because transactions using them are not yet taxed.
Also, cryptocurrencies are not included in the economic model of the state and therefore the budget receives less profit if people keep money in cryptocurrencies.
I think soon the cryptocurrency market will be legalized and subject to the economic processes taking place in the state.
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tbossmitche
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February 06, 2019, 06:17:19 PM |
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I think the major reason why government bodies do not like cryptocurrencies is mainly because they have no ounce of control over how operations are carried out within the ecosystem and also because they can not impose tax on crypto transactions because of it's anonymous nature. The government will naturally prefer people to work for them for some form of payment so they can take back some of the money in form of tax. Another reason is because of the ease with which funds can be laundered through changing fiat into cryptocurrencies. We can actually agree that the government has a right to be worried about cryptocurrency.
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