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Author Topic: There Is No War Against Bitcoin! Stop The Fud!  (Read 816 times)
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October 03, 2019, 01:40:56 AM
 #41

Of course there is no war but there will be a regulation that will be strict enough. The war is just within them, whether how to control and much tax they will take from bitcoin investors. You as bitcoin investor can do nothing. But these regulators aka the government will decide to create the government backed coin.

So when is this next major financial crisis will happen and should we wish this will really happen?  
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October 03, 2019, 02:47:35 AM
 #42

I see many users talking about how USA government and Trump declared a war against Bitcoin! No, they didn't. Listen their message again! They declared a war against the criminals who are using bitcoin for illegal activities. A huge difference! This will be a good thing in the longterm. So stop spreading this fud cuz of wrong interpretation. Many big players already know that dollar is dying. They know that dollar can't survive for a long time. As the dollar collapses in the near or middterm future, bitcoin will rise and rise enormously. They know that. They also know that the trigger for all of this could be the next major financial crisis where a lot of funds will go to gold and bitcoin. But because bitcoin is a low marketcap compared to gold, it will rise much more than gold. They know that and they will try to regulate it but they cannot stop it. They (USA Congress) already admited that bitcoin is unstoppable. No one can stop it. If you can't win them, join them. So eventually everyone will join bitcoin in the future.
    Spreading fuz like this will really put a comotion in crypto space, it might also trigger a panic to bitcoin users, investors, and traders. It's always the fact checking that people need before spreading rumors as big deal as this for it can have an unpleasant result. The US government has enough reasons to declare war against those criminals who are using bitcoin illegally, since bitcoin could be a good tool for doing illegal things especially for transactions for the address that users will use are encrypted and won't be traced back to them.
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October 17, 2019, 10:00:16 AM
 #43

Fake news are everywhere and its up to us to do some validation if those news have substance in it or just a complete lie. Usually those fake news are born from opinions of people that have stitched some events and make it as a whole thinking that their reasoning is valid and create a conspiracy theory. But of course the people who will believe in it are those who did not make their own research and just believe what they read without confirmation. And as far as my knowledge is concerned and after some research and validation I have found out that the news about the USA government and Trumps declaration of war towards bitcoin is a fake news.

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October 17, 2019, 12:40:01 PM
 #44

maybe in my opinion there is also truth in your statement because we know that nothing can stop bitcoin because bitcoin is not owned by a private organization let alone the American government wants to stop bitcoin which is only a useless idea for the US Government to stop bitcoin especially now the popularity of bitcoin is very popular with young people and many others who want to use bitcoin as an easy transaction for them now.

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October 17, 2019, 01:29:01 PM
 #45

As far as what I know, there's no war at all, they're just warning everyone to be cautious since a lot of criminals and illegal activities were also engaged in crypto and using it for illegal transactions. Even if they don't like crypto and bitcoin at all, it will be hard for them to stop every citizen of US from using crypto. They already knew how popular bitcoin is... And I don't even see USA would do that.

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October 17, 2019, 01:45:44 PM
 #46

As far as what I know, there's no war at all, they're just warning everyone to be cautious since a lot of criminals and illegal activities were also engaged in crypto and using it for illegal transactions. Even if they don't like crypto and bitcoin at all, it will be hard for them to stop every citizen of US from using crypto. They already knew how popular bitcoin is... And I don't even see USA would do that.

I read that Bangladesh is to harsh on Bitcoin and so is India, so there is a war against Bitcoin, in some region, but we all know the government is subjective and the government is subject to change, the battle can be won when people pick the right people to govern them.
At this point in time, any group, company or government will have a hard time restricting Bitcoin users at this point of time because Bitcoin now has the upper hand.

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October 17, 2019, 01:56:35 PM
 #47

The U.S. is known to have a war against everything.  There's the war on crime, war on drugs, the old war on AIDS, blah blah blah.  What the states are not at war with is bitcoin.  Heck, we have Coinbase which is one of the most legitimate bitcoin exchanges known to man.  Poloniex is also U.S. based, and both have no problem passing mustard with anyone in the gov't.

If the gov't here wanted to end bitcoin there would be laws on the books prohibiting it, and that could be done very easily with a campaign in the media telling everyone how bitcoin is used for dark web shit and all that.  It has not happened and I don't believe it ever will.
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October 17, 2019, 02:04:13 PM
 #48

I read that Bangladesh is to harsh on Bitcoin and so is India, so there is a war against Bitcoin, in some region, but we all know the government is subjective and the government is subject to change, the battle can be won when people pick the right people to govern them.
At this point in time, any group, company or government will have a hard time restricting Bitcoin users at this point of time because Bitcoin now has the upper hand.

I read a lot of bad shit about South Asian countries but I had the time of my life there for years.

Sure, everything needs to be framed in context, and the Indian "war" against bitcoin comes only from certain quarters. It will not be successful. Not least because it is one of many money wars the state has been waging for decades to preserve the old and keep out the new. Status quo benefits people in power, but Bitcoin, unlike anything that's come before it, cannot have the will of the few exerted upon it.

There is no upper hand. There simply is no hand when you want to go up against Bitcoin.

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October 17, 2019, 02:25:00 PM
 #49

Indeed there are some side who want bitcoin to be destroyed, so don't be influenced by them. One of them spread slander with the news that the US Government declared a war against bitcoin. Even though there is no war against bitcoin, there is a US government declared a war against criminal who are using bitcoin for illegal activities. So I hope all side will not be lured by this misunderstanding problem. We as a bitcoin community must unite against certain parties who want bitcoin to be destroyed, with unite with bitcoiners all over the world. So the news can subside and investors will start to trust again. so that the price of bitcoin can go up to ATH again.

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October 17, 2019, 02:36:22 PM
 #50

Of course there is no war but there will be a regulation that will be strict enough. The war is just within them, whether how to control and much tax they will take from bitcoin investors. You as bitcoin investor can do nothing. But these regulators aka the government will decide to create the government backed coin.

So when is this next major financial crisis will happen and should we wish this will really happen?  
I heard this “Government will create Backed coin” but still humor until now 😂 but what I believe is if US want to track down Bitcoin they can easily bring this down and surely thie market will be affected severely

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October 17, 2019, 02:47:19 PM
 #51

But to be honest, this kind of attention to Bitcoin are making it more popular to others. Just ignore them. The moment they let Bitcoin become so popular this past few years, Bitcoin already won the war against those who are against it.

Also there are speculations that China and Russia would be the next leader when it comes to financial which is why they are kind of staying away from dollars. Bitcoin would reign supreme in the future.

Well, not all the time, fud is the reason why Bitcoin is getting popularity, well, if the fud is positive, that is the time it can induce good influence to bitcoin. But if not, it will just stain the name of bitcoin so, just keep this in mind, nations are now reaching their global competency towards cryptocurrency. The race right now is what country will fully adopt the bitcoin and altcoins as it is the tool for success and stability.
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October 17, 2019, 02:52:20 PM
 #52

Indeed there are some side who want bitcoin to be destroyed, so don't be influenced by them. One of them spread slander with the news that the US Government declared a war against bitcoin. Even though there is no war against bitcoin, there is a US government declared a war against criminal who are using bitcoin for illegal activities. So I hope all side will not be lured by this misunderstanding problem. We as a bitcoin community must unite against certain parties who want bitcoin to be destroyed, with unite with bitcoiners all over the world. So the news can subside and investors will start to trust again. so that the price of bitcoin can go up to ATH again.
When the use of bitcoin has been made a regulation by the government, from there the government will regulate it so that it does not disrupt the economy and even financial stabilization. If the government wants to fight bitcoin, then I think that's a stupid thing. They can make bitcoin a commodity in the futures market and it will not interfere. Regarding misuse, paper money is also to blame because not a few people use it for illegal transactions. Making regulations does not mean they want to fight with bitcoin, that's what I understand.

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October 17, 2019, 02:55:31 PM
 #53

I have the feeling that Bitcoin users like conspiracy theories and they like to feel like alone against the rest of the world. That, of course, isn't true and sometimes are things like regulation depicted like war against Bitcoin.
Bitcoin and cryptocurrencies will continue to exist and all authorities and institutions are aware of this reality it's only the question what kind of balance will be agreed between users and regulators.

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October 17, 2019, 03:03:32 PM
 #54

Indeed there are some side who want bitcoin to be destroyed, so don't be influenced by them. One of them spread slander with the news that the US Government declared a war against bitcoin. Even though there is no war against bitcoin, there is a US government declared a war against criminal who are using bitcoin for illegal activities. So I hope all side will not be lured by this misunderstanding problem. We as a bitcoin community must unite against certain parties who want bitcoin to be destroyed, with unite with bitcoiners all over the world. So the news can subside and investors will start to trust again. so that the price of bitcoin can go up to ATH again.

I was once influenced by those fudders, but now it's a no no, although I don't have much fund in Bitcoin still I know and my faith is 100% that it will grow more and will become popular and would be widely used in each country. Remember guys, those who are creating fud, are those who wanted to get more Btc, so don't get manipulated, they are just playing with your minds.

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October 17, 2019, 03:26:15 PM
 #55

The U.S. is known to have a war against everything.  There's the war on crime, war on drugs, the old war on AIDS, blah blah blah.  What the states are not at war with is bitcoin.  Heck, we have Coinbase which is one of the most legitimate bitcoin exchanges known to man.  Poloniex is also U.S. based, and both have no problem passing mustard with anyone in the gov't.

If the gov't here wanted to end bitcoin there would be laws on the books prohibiting it, and that could be done very easily with a campaign in the media telling everyone how bitcoin is used for dark web shit and all that.  It has not happened and I don't believe it ever will.
If the US government is in war against everything then I think maybe this war would be pretty hard to win for them. Because deregulating bitcoin is one thing and stopping Bitcoin is absolutely another. It's pretty difficult to stop the transactions ongoing in bitcoin because they actually don't come under control of the US government. Moreover its almost impossible for them to even trace users using any transactions. US is popularly known for Winning all wars and they don't accept defeats. So they would rather decide not to go in war with btc than to get defeated in this war.
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October 17, 2019, 04:37:31 PM
 #56

Making fuds is always the way to go, Because this is the way newbie investors are scared of bitcoin, and the fear of bitcoin's downfall.
So those who make fuds will have a chance to buy cheap bitcoin. And end up selling better when bitcoin prices rise. This is the trend of the Big whales so if we keep up with their moves we will definitely have a profit as well.
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October 17, 2019, 04:40:10 PM
 #57

Donald Trump never declared war against bitcoin, he only said he wasn't a fan of bitcoin. As a president who doubles as the protector of the USD, he can only defend the USD against any possible perceived rival currency for noe even though he knows the truth.
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October 17, 2019, 11:18:41 PM
 #58

I see many users talking about how USA government and Trump declared a war against Bitcoin! No, they didn't. Listen their message again! They declared a war against the criminals who are using bitcoin for illegal activities. A huge difference! This will be a good thing in the longterm. So stop spreading this fud cuz of wrong interpretation. Many big players already know that dollar is dying. They know that dollar can't survive for a long time. As the dollar collapses in the near or middterm future, bitcoin will rise and rise enormously. They know that. They also know that the trigger for all of this could be the next major financial crisis where a lot of funds will go to gold and bitcoin. But because bitcoin is a low marketcap compared to gold, it will rise much more than gold. They know that and they will try to regulate it but they cannot stop it. They (USA Congress) already admited that bitcoin is unstoppable. No one can stop it. If you can't win them, join them. So eventually everyone will join bitcoin in the future.

In as much that they are against the criminal activities that use bitcoin for their transactions, they are still do not like the idea of decentralization where people have the financial freedom to control their financial transactions. Most of these government hate the idea that, they do not have control of how bitcoin is circulating around.  Governments hate decentralization, they prefer centralization..
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October 17, 2019, 11:53:08 PM
 #59

I read that Bangladesh is to harsh on Bitcoin and so is India
The main discouragement in India would be most of the population does not have proper access to computing, I rate the natural effects and problems Bitcoin has over politics and artificial obstacles so OP is right enough in that respect.   In the end politics is a problem for everyone and everything in its path, it costs alot to support politics and they want a cut from every kind of revenue possible so its no surprise that crypto would not exactly be welcomed anywhere.   Almost every country now is boosting their budget by over printing their currency, diluting the value of all who hold it especially the smallest participants in an economy.
   Libra has a problem from arriving in such large force, it should have been built from nothing now they see it as trying to setup a new bank without licensing as if it will give out loans.   Almost anything can be money if its fungible and reliable in circulation and that make it'd superior to many official currencies.

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October 18, 2019, 01:21:42 AM
 #60

Fake news are everywhere and its up to us to do some validation if those news have substance in it or just a complete lie. Usually those fake news are born from opinions of people that have stitched some events and make it as a whole thinking that their reasoning is valid and create a conspiracy theory. But of course the people who will believe in it are those who did not make their own research and just believe what they read without confirmation. And as far as my knowledge is concerned and after some research and validation I have found out that the news about the USA government and Trumps declaration of war towards bitcoin is a fake news.

Yes, lately there are many FUD news and its sad that it coincide with bitcoin price diving lower than $8,500. Even though there good news about btc but not enough to rally the  bitcoin price. We really need big institution,network of organizations for integration  in order to reach and attract more users.

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