Why people are comfortable investing in government controlled investments

[Kprawn]

Just think about it a little. 

You know that whatever happens with your government controlled investment, you will have a safety net from that government. History has shown us how governments have bailed out Banks and/or injected millions or even Billions of tax payers money into economies to protect it.

They are printing Trillions of Dollars to reduce the impact of this Covid-19 virus on their local economy and they are doing this with money that was supposed to go to critical needs. (Public Health care / Social grants for unemployed people etc.)

Did Bitcoin get any support from governments when Stock markets plummeted lately? No, because Bitcoin is seen as the enemy. 

We relish in the fact that Bitcoin is not supported by the injection of slow poison from these governments, because this cannot be sustained indefinitely. At some stage we will see that taxes would not be enough to save Banks and/or local economies. Companies and individuals can only pay so much taxes, until they go bankrupt.

It is only smoke & mirrors to postpone the inevitable collapse of the global economy. Will Bitcoin then be seen as a real safe haven or will it be too late? 

[XenoFever]

There are still a greater number of people investing in government controlled investments compared to cryptocurrency investments because there are still some countries that do not accept cryptocurrency in their land because of being blink of what cryptocurrency can give to them.

They are also comfortable that their money is much safer because it is handled by the government, so if unpleasant things happen government are one of the responsible to those money. It also Offers good long term returns as compared to some investments, which normally don't offer more than 5 years.

[squatter]

Did Bitcoin get any support from governments when Stock markets plummeted lately? No, because Bitcoin is seen as the enemy.

Devaluing the dollar is supporting Bitcoin, in a way. Since the 2008 bailouts, our dollars have lost around 20% of their value vs. CPI goods. That alone is an advertisement for a currency with predictable inflation and capped money supply -- let alone after another 2008-like bailout.

We relish in the fact that Bitcoin is not supported by the injection of slow poison from these governments, because this cannot be sustained indefinitely. At some stage we will see that taxes would not be enough to save Banks and/or local economies. Companies and individuals can only pay so much taxes, until they go bankrupt.

It is only smoke & mirrors to postpone the inevitable collapse of the global economy. Will Bitcoin then be seen as a real safe haven or will it be too late? 

After the deflationary pressures from this crisis wear off over the next year or two and things return to "normal," people are going to start feeling the inflationary effects of these stimulus and bailout packages. Bitcoins will probably be seen as an attractive store of value in that context.

None of this should be expected to happen overnight. It's taken 11 years to get here. In 2017, JPMorgan analysts were calling Bitcoin the next gold. Imagine where things will be another decade from now.

[mariah.sadio]

They think that goverment = reliable. Sometimes this is true

[Wexnident]

Well I just hope that the people who realize it are not only those educated ones, and not only those who can act about it. Banks and the government keep pushing this inefficient system of theirs because it let's them stay at control, but honestly, it's just because of how ignorant most people are regarding how the economy flow goes. Naturally, bitcoin is an option and one that is naturally favored by most, especially those that are frowning upon the system of banks, but there are still a few other assets that could be a safe haven out there, so it depends.

Though if banks keep pushing for the same system to go on and on, they might be able to push their way in against those people with no knowledge of the economy. I mean, they've done it for a few decades already right? Plus, they still have assets to fall back upon when everything goes loose, so they may not necessarily lose their influence.

[evilgreed]

        Most of the times people want to invest not only for profit but for security and reliability. Government controlled investments offer such things unlike most private investments sometimes they do not cover such offers.

[jacafbiz]

People have been programmed from childhood to see government has the Alpha and Omega, and the trust in the government would continue. I don't see any problem investing in government Bonds and co because you are almost guaranteed your investments, the only positive thing investing in Bitcoin is its deflationary properties and this would continue to help drive up the price with time. People just need to wait and see the crazy pump in price in 2021/2022  when all these Airdrops money are looking for here to go

[thesmallgod]

There has been a continuous prediction of economic met down next year by many financial experts due to current pandemic disease ravaging the whole world and if this would happen, I am only concern about the impact of the economic meltdown on the price cryptocurrency and other e-currencies. If it might bring about more acceptance of crypto and continuous development of the blockchain technology

[Raflesia]

Of course many people will prefer investments controlled by the government because because of a sense of security over a long time the government guarantees those who are controlled by the government if you have any obstacles then it will be very safe for us to invest for a long time even investors also use government control.

When Covid-19 came, now the government is overwhelmed in the face of them spending so much money to treat all infected including employees etc., then here is bitcoin able to handle all this I think not because there is no control in crypto so it will be difficult to wind fresh for bitcoin to be recognized throughout the world for now.

[Govi2]

I think this is normal and will continue, many people prefer to invest or save money with the government because they see it as a safe place, and the percent of a collapse in the government financial system are very small, and if the collapse happened it will be for all the people so they prefer investments that controlled by the government
The online investment, whether through bitcoin or others, is always full of risks (and many people still don't trust even paying money online to a bill or services )

[hatshepsut93]

Right now Bitcoin mimics big movements of stock market - yesterday it had another dip just like the stocks did. Global economic collapse would likely be disastrous for Bitcoin if it will happen in the coming years. Maybe in some very long run Bitcoin will become closer to gold, but we might not have that much time to wait.

I don't think that economic collapse is something we should be hoping for, even for hardcore Bitcoin hodlers it will be bad news, as there will be massive unemployment, shortages, social turmoil, etc.

[Artemis3]

They think that goverment = reliable. Sometimes this is true

This is exactly the problem: Sometimes.

Will you trust your politicians to never do wrong? (printing)

Will you trust your banks to never do wrong? (fractional reserve)

Bitcoin fluctuates because its free, its rules won't change overnight, if the economy crashes no more bitcoins will be created than if it is in a "boom". The rules of Bitcoin do not change, this is why in the long run, it is Bitcoin the one that is stable, while all the others, are a time bomb waiting to detonate.

Bitcoin has nothing hidden. There is no foundation or developer able to "turn back" transactions or change its fundamental rules on a whim. This is the norm in fiat, and several altcoins. The people who don't understand Bitcoin, want to recreate the very same mistakes of fiat in their altcoins, because that's what they know. But they are wrong.

There is also no arbitrary pegging based on promises, that could be broken on a whim. Ie. Tether promising a 30% reserve... Yeah right. All pegged coins are garbage, true freedom means fluctuation, and fluctuation means true perceived value from buyers and sellers, no facades or "intervention" (State or private).

Trust that your government will never fail. But if it does fail, it is too late for you to withdrawn your trust... Are you putting all your eggs in the same basket? Did you never heard about diversify? Then why would you keep ALL your savings in fiat? So you could lose them all overnight if your politicians do fail?

Be smart already, and do the right thing.

[adzino]

You answered the question on your post already. It is actually because people are more confident on government controlled investments (this does not mean that they support that government or they have full confident on the government itself). They know that since it is government control or is under the government, nothing can go wrong. Even if it does go wrong, the government can handle it and reimburse/compensate their investors. They also know that the government always has an exit strategy without causing much damage.

[OgNasty]

When it comes down to it, the real answer is because governments have armies.

[rezakurnia66]

The government has actually supported the Cryptocurrency and this is happening in my country. Cryptocurrency Trading is now legal as an investment tool. If, the Government participates in crypto funds. I suppose it will be temporary because this digital currency is controlled by large investors in many countries.

In addition, people will invest because it sees security. The Government guarantees that the number one security so that it makes the trust of the community increasingly increasing.

[pixie85]

People are stupid and they are proving it by keeping money in the bank when they are getting only 2% a year with an inflation of 3%. This is one of the dumbest thing you can do with your money but so many people choose this.

I once saw a survey where a guy was walking down the street asking random people what would they do if he gave them 10 thousand EUR right now. Most of them said they'd deposit it in the bank or hide somewhere at home.

Most people don't understand what a currency is and think that it doesn't lose value over time and will always be accepted.

[Bohr256]

I prefer to invest in, say, Testla, Google, Amazon, AMD, because they are the safest and have proven to provide great economic growth. It's risky, yes, but nothing like investing in crypto. Also, the US is one of one of the most powerful and rich countries in the world. Now, I'm not against investing in crypto, I certainly have, but cashed when I got my profit. I belong to the camp where if you hold = fool.

Right now Bitcoin mimics big movements of stock market - yesterday it had another dip just like the stocks did. Global economic collapse would likely be disastrous for Bitcoin if it will happen in the coming years. Maybe in some very long run Bitcoin will become closer to gold, but we might not have that much time to wait.

At least now people here are changing their tune. Just two weeks ago 90% of posters here swore btc was 'digital gold,' a 'safe heaven,' etc.

[Sadlife]

Probably because they think stocks and fiat is much safer because they have more stable price rather than Bitcoin. Little they know that it can be subject to manipulation such as quantitative easing and fractional reserve banking. They've been fooled by this system and with financial crisis and negative interest rates. They'll realize how horrible this system is.

And will find Bitcoin much reliable because it has no central authority and distributed ledger to freely use their own cash.

[jhonjhon]

        Most of the times people want to invest not only for profit but for security and reliability. Government controlled investments offer such things unlike most private investments sometimes they do not cover such offers.

It is very important and a must to look before putting money into it. Assurance is what we want for, crypto-investment is at high risk and the fact that not all countries are supporting this thing, it certainly brags people to think negatively and doubts as well. Anyway, we can't blame them either.
That is why only those risk takers are willing to invest Bitcoin and willing to lose as well. If Bitcoin is fully having the support from the government, I believe that many people would like to take the risk in crypto.

[coupable]

I prefer to invest in, say, Testla, Google, Amazon, AMD, because they are the safest and have proven to provide great economic growth. It's risky, yes, but nothing like investing in crypto. Also, the US is one of one of the most powerful and rich countries in the world. Now, I'm not against investing in crypto, I certainly have, but cashed when I got my profit. I belong to the camp where if you hold = fool.

All the business you prefer to invest in are mainly digital. However, the great economic growth still needs more investments in other fields. Investing in bitcoin is more than investing in a digital thing, especially in our days.

[Assface16678]

I prefer to invest in, say, Testla, Google, Amazon, AMD, because they are the safest and have proven to provide great economic growth. It's risky, yes, but nothing like investing in crypto. Also, the US is one of one of the most powerful and rich countries in the world. Now, I'm not against investing in crypto, I certainly have, but cashed when I got my profit. I belong to the camp where if you hold = fool.

All the business you prefer to invest in are mainly digital. However, the great economic growth still needs more investments in other fields. Investing in bitcoin is more than investing in a digital thing, especially in our days.

If we are talking about the investment it is consist of money and most of the time those businesses that already earn a lot of money and reputation are the one who gets a lot of opportunities to get more investors and even this is risky still there is a higher chance that they will get a lot of market income because of those ones of the biggest earners into the world of business. Also, the traditional way of payment is through banks and fiat currency because there are only few banks support the use of the cryptocurrency even the entrepreneurs want to use it still it is not supported on their country but it depends on the people on the particular place if they are trying to adapt this kind of payment like in China their president supports the use of cryptocurrency so there is a chance that they will now use the payment of digital currency and it is more helpful because it is faster and secure transaction and also less hassle.

[yazher]

They just wanted some fully secured investment platforms with a lot of benefits. also If they lost their funds accidentally in that investment, they have a higher percentage of getting it back. unlike in a decentralized investment in the crypto industry, the chance to get back your investment after some major problem is almost impossible. we always see each year that some exchanges are fallen to some exploit of hacking activities. Only one exchange has recovered their funds to their investors. from all of the histories of hacking the only exchange that recovered their investor's assets is Binance.

[camito]

Just think about it a little. 

You know that whatever happens with your government controlled investment, you will have a safety net from that government. History has shown us how governments have bailed out Banks and/or injected millions or even Billions of tax payers money into economies to protect it.

They are printing Trillions of Dollars to reduce the impact of this Covid-19 virus on their local economy and they are doing this with money that was supposed to go to critical needs. (Public Health care / Social grants for unemployed people etc.)

Did Bitcoin get any support from governments when Stock markets plummeted lately? No, because Bitcoin is seen as the enemy. 

We relish in the fact that Bitcoin is not supported by the injection of slow poison from these governments, because this cannot be sustained indefinitely. At some stage we will see that taxes would not be enough to save Banks and/or local economies. Companies and individuals can only pay so much taxes, until they go bankrupt.

It is only smoke & mirrors to postpone the inevitable collapse of the global economy. Will Bitcoin then be seen as a real safe haven or will it be too late? 

I think Bitcoin is not seen as an enemy here. Rather, people only trusts government controlled investments. They do not have any idea or maybe a wrong idea about crypto controlled investment that's why it is only essential to go on banks and have their assets be protected there. Even though they pay taxes, they are assured that nothing can happen with their investment and will rather grow or increase in a safe and legal way. Let's just hope that communities and the government itself will soon realize how Bitcoin can also be a safe haven for their assets.

[ShowOff]

-snip-

It could be that security reasons are a major factor why many investors prefer investments regulated by the government rather than investments decentralized assets, namely crypto. All investors want the security level of their investments to be guaranteed and investments involving government support are the solution for them. In contrast to other bitcoin and altcoin investments, the government does not want to be responsible for what might happen with these investments either hacking even when the global economy collapses. The government only gives permits to investors in many countries to trade bitcoin or other cryptos as commodity assets and some other countries also allow them to be used as legal tender.

Regarding investment instruments, everyone has the right to determine what instruments they will invest in, both in crypto assets and shares supported by the government, so I think the goal is still in the context of seeking profits. So basically I would not say that investors who dont invest in crypto are wrong, and I also dont want them to be able to blame us as people who like crypto as an investment instrument.

[ChiBitCTy]

Lets keep one thing in mind here, bitcoin is NOT an investment. It's not a replacement for a backbone of anyone portfolio.  Sure it has become an investment, in the same sense that countries currencies are traded.

U.S. treasury note/bonds are considered to hands down be the safest investments on earth.  Yes it's backed by only the good faith of the government, and no longer gold..but that's the same for every other nations currency.  There's a reason why governments such as China buy up U.S. bonds no matter what or how low the interest rates get.  So yes, until the apocalypse happens, I'm going to trust investing in the governments debt products over anything else out there promising a certain rate of return.

[Sanitough]

It is only smoke & mirrors to postpone the inevitable collapse of the global economy.

Definitely this is going to happen, unfortunately only few of us see this because most of the people are not really aware on what is happening in the finances of our country, they are just ordinary people who focus on making a living on a delay basis while the government is cheating on them.

Will Bitcoin then be seen as a real safe haven or will it be too late? 

Hopefully more people will see this and I know it's never too because bitcoin will continue to exist and as of now the adoption is still low.

[pooya87]

Did Bitcoin get any support from governments when Stock markets plummeted lately? No, because Bitcoin is seen as the enemy. 

if anything this goes to prove how string bitcoin is even though a lot of panic occurred. everything else is being "bailed out" while bitcoin stays up on its own without letting the panic sellers cause any more havoc. that is also why i always say panic sellers are only a small portion of the bitcoin market not all of it, the rest is more level headed people who understand the true potential of bitcoin.

[Darker45]

If there is a collapse, investors must be scrambling looking for better options for their wealth. And with Bitcoin being more or less independent from the mainstream investments, some must be taking it into consideration.

Fundamentally, Bitcoin is, of course, one safe haven if in case fiat will collapse. But one question is vital in this situation, how are we to look at Bitcoin without fiat? Bitcoin has been here for a decade at least but with fiat's ultimate downfall, the way forward is a completely different path. We cannot be treating Bitcoin as 1 BTC = $6,500 or whatever value anymore. It would become 1 BTC = 100 million Satoshis. How does this setup become enticing to investors? This is going to be very puzzling for me.

[BlackFor3st]

Just think about it a little. 

You know that whatever happens with your government controlled investment, you will have a safety net from that government. History has shown us how governments have bailed out Banks and/or injected millions or even Billions of tax payers money into economies to protect it.

They are printing Trillions of Dollars to reduce the impact of this Covid-19 virus on their local economy and they are doing this with money that was supposed to go to critical needs. (Public Health care / Social grants for unemployed people etc.)

Did Bitcoin get any support from governments when Stock markets plummeted lately? No, because Bitcoin is seen as the enemy. 

We relish in the fact that Bitcoin is not supported by the injection of slow poison from these governments, because this cannot be sustained indefinitely. At some stage we will see that taxes would not be enough to save Banks and/or local economies. Companies and individuals can only pay so much taxes, until they go bankrupt.

It is only smoke & mirrors to postpone the inevitable collapse of the global economy. Will Bitcoin then be seen as a real safe haven or will it be too late? 

Bitcoin future will always depend to the investors and governments who will fully adapt it because if the whole government will totally impose a ban in crypto currencies then it is too late for the bitcoin to become a safe haven. Other are investing in stock market because this is the old way of investing and they feel safe to it as it either government owned or private owned company that have a potential to grow.

The vulnerability of crypto currencies especially the bitcoin is what others are afraid of but if this uneasiness will fade then it is not too late for bitcoin to become a safe haven for us.

[bgaf]

Government controlled projects dont know what they are feeding with. What is the most aspect those official wants? Of course its taxes, if it werent for that, I dont think they will impose strict rule. Why bitcoin has so many enemy? Obviously it will be banks that could be replace as soon government get a hold of it. But that's not going to happen, every user or holder of btc wouldnt allow that. I guess those forks of btc can be underdogs of them like bch and bsv but not btc. Satoshi created it to have a financial freedom, which everyone can use and not being opressed by taxes that we all knew only government wanted to have.

Im not saying we should avoid tax but with the likes of them? Come on, mostly are corrupted and Satoshi is sick of it. So he made bitcoin for everyone to enjot with.

[Mulann2]

.........
They are printing Trillions of Dollars to reduce the impact of this Covid-19 virus on their local economy and they are doing this with money that was supposed to go to critical needs. (Public Health care / Social grants for unemployed people etc.)........

It is only smoke & mirrors to postpone the inevitable collapse of the global economy. Will Bitcoin then be seen as a real safe haven or will it be too late?  

I really don't understand something here, people keep complaining about how government is injecting trillions of dollars in the system especially with this covid-19 situation, but my question is...
what would you rather have the government do in this situation?

Should they fold their hands and watch people die of this disease without doing anything?

Or how do you expect the government to generate this money to help combat this disease? Because medical packs to help people affected are in short supply....

Is it that the government has a reserve to fight issues like this and they refuse to make use of it, rather they decide to print new money?
Please indulge me and make me understand the situation and why you think the government is doing something wrong injecting money to fight this disease.

And what makes you think btc is ready.......?

[coolcoinz]

I'm not comfortable with government controlled investments and with fiat money. If I have to use fiat money I choose cash. I can feel that push from the banks and the governments to make us stop using fiat money and I'm the kind of person who likes to push back. The harder they want me to do something the more suspicious of it I get and the more I oppose.
People are taught to trust the government, that they will be taken care of and have free tiome to pursue their own goals in life. They just need to pay the government a share and everything will be fine. Today you can't even be sure if your house will belong to your children after you're gone or if the socialists will decide to tax inheritance to make sure most of your wealth gets redistributed after your death.

[carter34]

I'm not comfortable with government controlled investments and with fiat money. If I have to use fiat money I choose cash. I can feel that push from the banks and the governments to make us stop using fiat money and I'm the kind of person who likes to push back. The harder they want me to do something the more suspicious of it I get and the more I oppose.
People are taught to trust the government, that they will be taken care of and have free tiome to pursue their own goals in life. They just need to pay the government a share and everything will be fine. Today you can't even be sure if your house will belong to your children after you're gone or if the socialists will decide to tax inheritance to make sure most of your wealth gets redistributed after your death.

Unfortunately, corruption is one problem with government controlled investment and or partnership. This is why some of the things you have said can be possible. For example the tax citizens or companies pay to government are not properly accounted for but misappropriated into someone's pocket.

[kezinaur14]

Devaluing the dollar is supporting Bitcoin, in a way. Since the 2008 bailouts, our dollars have lost around 20% of their value vs. CPI goods. That alone is an advertisement for a currency with predictable inflation and capped money supply -- let alone after another 2008-like bailout.

Now, I've always wondered, does this 20% affect in price bitcoin for example? as in, it'd be worth 20% less compared to dollars if the USD never devaluated?

[voron7477]

Governmental equals to legal. That's why people trust it. Such type of investment seems to be more reliable for them. And are you sure that all people know the history enough for making judgements? 

[LUCKMCFLY]

Bitcoin is not yet seen as a safe haven, although in countries with high inflation it is, and for countries with prosperous economies, Bitcoin investment is considered high risk, I think the world is changing, times are different from those of the 1800s, gold is still the safe haven, and is the most widely used to get out of crises worldwide.

[arwin100]

Government presence = proper regulation that's why you can see many people trusting this and I believe they have an insurance also that's why many people go for them eventhough the ROI is very little since it is somehow a safe investment for people who want to go with.

People think that they're safe just because someone that is recognized as their superior would handle everything they have with safety, and that's why they're willing to risk even their identities to the authorities.
Those that didn't believe in BTC think that any decentralized asset is an anti-government entity, just because it isn't taxed and it is in their own absolute control on how "much" they'll hold.

The only thing make people doubt about bitcoins is the lack of education since maybe the only one they see is the scamming and frauds happening around.

[jumail]

It could be that security reasons are a major factor why many investors prefer investments regulated by the government rather than investments decentralized assets, namely crypto. All investors want the security level of their investments to be guaranteed and investments involving government support are the solution for them. In contrast to other bitcoin and altcoin investments, the government does not want to be responsible for what might happen with these investments either hacking even when the global economy collapses. The government only gives permits to investors in many countries to trade bitcoin or other cryptos as commodity assets and some other countries also allow them to be used as legal tender.

Correct. The inclinations of each person are different, and we cannot force it. There are people who like risk, so they feel challenged to invest with cryptocurrency, moreover the opportunity for greater profits due to extreme volatility. High-risk high return. There are also people who don't like risk, want to invest in a safe way, little by little it's okay as long as the assets are safe.

[Twinkledoe]

Government presence = proper regulation that's why you can see many people trusting this and I believe they have an insurance also that's why many people go for them eventhough the ROI is very little since it is somehow a safe investment for people who want to go with.

People think that they're safe just because someone that is recognized as their superior would handle everything they have with safety, and that's why they're willing to risk even their identities to the authorities.
Those that didn't believe in BTC think that any decentralized asset is an anti-government entity, just because it isn't taxed and it is in their own absolute control on how "much" they'll hold.

The only thing make people doubt about bitcoins is the lack of education since maybe the only one they see is the scamming and frauds happening around.

That is pretty much the reason why many people are finding it easier to invest in govt controlled investments. They know for sure that somehow their investments are safe. It is comparable to savings account. Even if you are earning small interest, at least you know at the end of the day, you still have that money no matter what.

[Kelvinid]

Government-controlled investment giving safety assurance to their clients and they expecting that whatever it happens to their investment there is a certain person to ask for. But many are trying to find themselves out from being controlled by anyone that is why a lot of people are investing crypto or some virtual investment. Yes, we can't deny how the risk on it but giving this opportunity and possibly more profitable than of some government-controlled investment, they still want to take the risk.

[maxreish]

Other governments didn't see Bitcoin as a threat. In fact, there are countries who are supporting bitcoin by legalizing it on their place.
 Those government controlled investments you are mentioning were providing a safety and security for your funds. Because they are centralized thus taking control of your money with of responsibility. Ensuring people that their money is safe, making them more at ease with their own fund.
 
 While investing in bitcoin, you do control your own money.

[HardFacts]

THE REAL QUESTION IS:

Why are people comfortable investing in BitCoin 

[princesspoppy]

People see the reliability and consider the government investments as a safe place for their money. If anything goes wrong to these investments, the government will sure cover it and take respinsibilities in such situations arising unlike to any private investments as well as bitcoin that depends on the market and does not have any alternative ways if ever you lose the money you invested. It will be gone forever and no one is to blame and to cover for it but yourself alone.

[sheenshane]

My assumption is people want to invest in controlled by the government because they are not aware of the digital assets. Another reason is Bitcoin is very volatile compared to traditional assets like precious metals, gold, and silver. But I think you can't generalized this question because there are some countries that accept Bitcoin and recognized this cryptocurrency as an alternative to fiat.

When this pandemic shaking around the world the global economy was crushed and all market stocks were effected whether traditional or crypto. For me, there is no safe haven in a short period of time, especially in this situation. People prefer to pull back their investment and use it for buying foods or daily needs.

[FanatMonet]

Because, if a bank goes bankrupt, a person will be returned all, or part of his money. And if crypto falls, then, naturally, no one will compensate anything. And talking about bitcoin as a refuge, after falling by 40% per day, is very optimistic.

[HardFacts]

Because, if a bank goes bankrupt, a person will be returned all, or part of his money. And if crypto falls, then, naturally, no one will compensate anything. And talking about bitcoin as a refuge, after falling by 40% per day, is very optimistic.

Why understate things so badly ??

Anyone talking about BitCoin as a refuge, after falling 40 % in response to the Economic Crisis is a DELUSIONAL FOOL   

Hard Facts

[kryptqnick]

Just think about it a little. 

You know that whatever happens with your government controlled investment, you will have a safety net from that government. History has shown us how governments have bailed out Banks and/or injected millions or even Billions of tax payers money into economies to protect it.

They are printing Trillions of Dollars to reduce the impact of this Covid-19 virus on their local economy and they are doing this with money that was supposed to go to critical needs. (Public Health care / Social grants for unemployed people etc.)

Regarding the question in the name of the thread, I think it's a psychological phenomenon. Even though the government is not always doing it right and can act in the interest of the few while sacrificing the interest of the many, it is still more comfortable for many people to get away from taking personal responsibility and be under strong governmental protection. People need reassurance, a father-figure which the government gladly provides in countries like the US. So yeah, investing in something controlled by the government seems safer and more reliable, whereas it's not a secret that investing in Bitcoin is risky and you can only blame yourself if you make a mistake.

[pragna]

They think that goverment = reliable. Sometimes this is true

Yea, i think this is very true actually. In any big crisis moment any anybody invest into government controlled investments, govt must help after any digester so that people always interested about this kind of investment but in BTC there is no back support. So how could people can believe in crypto currency for crisis moment i could not understand.

[rathaha10]

It is only smoke & mirrors to postpone the inevitable collapse of the global economy. Will Bitcoin then be seen as a real safe haven or will it be too late? 

Bitcoin is not a safe-Haven and as such cannot flourish at the expense of global crisis. Cryptocurrency sector is just a digitized financial institution  that ought to provide a decentralized digital currency to give people the ultimate control to manage their financial activities without much interference of a third party and just like every investment options, the price of every cryptocurrency is determined by the force of demand and supply and these two economic theories depend majorly on global situation and as such bitcoin can only flourish when the global economy is thriving

[Yamifoud]

snipped...

Correct. The inclinations of each person are different, and we cannot force it. There are people who like risk, so they feel challenged to invest with cryptocurrency, moreover the opportunity for greater profits due to extreme volatility. High-risk high return. There are also people who don't like risk, want to invest in a safe way, little by little it's okay as long as the assets are safe.

If I would tell a friend about crypto, they usually think about funds safety assurance and asking if it supported by the government, or it is not a scam.
The people have a bad experience to be a basis for their future investment. Most likely they think that crypto investment is nothing could be trusted because it is not controlled by the government. We can't blame them either cause they are looking for assurance (and even me) but something we need to try also and explore outside, it can be possible to find better opportunity rather than keep trusting those project that has been run with the support of the government. And maybe, they'll find out how good is crypto investment could be.

[FanatMonet]

Because, if a bank goes bankrupt, a person will be returned all, or part of his money. And if crypto falls, then, naturally, no one will compensate anything. And talking about bitcoin as a refuge, after falling by 40% per day, is very optimistic.

Why understate things so badly ??

Anyone talking about BitCoin as a refuge, after falling 40 % in response to the Economic Crisis is a DELUSIONAL FOOL   

Hard Facts

At the time of the collapse of the market, Bitcoin showed himself very poorly, of course I thought that there would be a fall, but when I saw -40% per day, it shocked me. Despite the fact that gold fell by 8, which is five times less, it has already won back the fall and even increased.

[ntsdm1]

It is only smoke & mirrors to postpone the inevitable collapse of the global economy. Will Bitcoin then be seen as a real safe haven or will it be too late? 

It seems to me that as soon as a specific global recession really begins, the majority of bitcoin owners will start selling their.

[Pixyoxx]

People are comfortable investing in government controlled investment because they think they have surety that their money is safe with the government i myself invest in some government policies but I don't see bitcoin or any other crypto currency as enemy i invest in crypto too but you know that crypto is uncertain well i agree that banks have failed but people still have faith in government thats the only reason people stick to government schemes.

[South Park]

Did Bitcoin get any support from governments when Stock markets plummeted lately? No, because Bitcoin is seen as the enemy.

Devaluing the dollar is supporting Bitcoin, in a way. Since the 2008 bailouts, our dollars have lost around 20% of their value vs. CPI goods. That alone is an advertisement for a currency with predictable inflation and capped money supply -- let alone after another 2008-like bailout.

This is so true, governments do not really have any way to beat bitcoin, if they do nothing and their economies crash in a fast fashion then people are going to adopt bitcoin really quickly, but if they intervene just as they have done to try to avoid the collapse of the economy by printing money then they are helping bitcoin as well, they may think they are delaying the situation until they find a way to beat bitcoin but they are only delaying the inevitable, bitcoin is going to win this battle and eventually it will be adopted by most people all over the world.

[joinfree]

Is because of the safety and insurance that the government investment platforms offer its members. I have seen in my country when a bank goes bankrupt and the government takes over to pay the debt gradually but this only applies to approved banks where the government owns some shares in it. Many people have been deceived by several crypto projects in their ICO and IEO and could not build any solid project. these are the number of projects that i have lost huge amounts of money in MiracleTele, Vivid, CryptAssist, Lympo, Flogmall etc. I can't even count them

[vella85]

Its all about mind control as the masses are brain washed into thinking that government controlled investments are the best investments however in fact their not, well not anymore as more investments are being devalued daily. Just take a look at bonds nowdays, they are paying hardly anything and another thing that helps keep the market afloat is that most 401k's and retirement funds are all invested into government assets. But there is no guarantee anymore as governments won't be able to bail out banks for much longer and its going to get real ugly in the near future and that's when I think a lot of currency is going to flow into Bitcoin and Alts. 

[BuNga_cute]

Actually the reason is very simple why most people are more comfortable and interested in investing in government control.
Because it is safer, and legally recognized by the government. So if something happens with their assets, the government will
be responsible. Despite having to pay a fairly high tax, most investors still feel comfortable. Because they are calm their assets
are safe, although the profit generated is lower than if investing in cryptocurrency. Because we have to invest in cryptocurrency
admit it is very risky.

[Tiews223]

Just think about it a little. 

You know that whatever happens with your government controlled investment, you will have a safety net from that government. History has shown us how governments have bailed out Banks and/or injected millions or even Billions of tax payers money into economies to protect it.

They are printing Trillions of Dollars to reduce the impact of this Covid-19 virus on their local economy and they are doing this with money that was supposed to go to critical needs. (Public Health care / Social grants for unemployed people etc.)

Did Bitcoin get any support from governments when Stock markets plummeted lately? No, because Bitcoin is seen as the enemy. 

We relish in the fact that Bitcoin is not supported by the injection of slow poison from these governments, because this cannot be sustained indefinitely. At some stage we will see that taxes would not be enough to save Banks and/or local economies. Companies and individuals can only pay so much taxes, until they go bankrupt.

It is only smoke & mirrors to postpone the inevitable collapse of the global economy. Will Bitcoin then be seen as a real safe haven or will it be too late? 

People will look at your government as your biggest investor or someone who will have the means to protect the business financially. Another thing is that you know that when the government has control over the business, it will be unlikely that there will be abuse in terms of pricing of the services or the products being produced by that specific corporation.
 

[verita1]

BTCitcoin may have more interest after Covid19 for everyone because the collapse of the global economy is inevitable.
At least we are a community that knows about the economic potential that Bitcoin has and we are willing to adopt it as a means of digital money.

Numerous job losses are announced and we are still amid the pandemic. In the short term, there is talk of an effective treatment to combat the virus, the hopes are that we can hear from him soon to get out of the stress in which we live.

[tbterryboy]

The government will not do anything to support Bitcoin because they have nothing to do with it, they don't control Bitcoin and nobody controls Bitcoin, it's a decentralized currency. If it was centralized and controlled by a particular government, I guess they might be doing something about.

But, you have to know that Bitcoin doesn't need any support from the government. Right from the beginning it has always been the community that are supporting Bitcoin and not the government, the community built Bitcoin and brought it up to the level it is now, and not the government and I still believe that the government will keep pushing it.

[wxxyrqa]

I am sure that investors are not attracted to the fact that the government controls certain companies, but that these companies are genuine and not fraudulent.  The fact is that there are quite a lot of companies on the cryptocurrency market whose developers stole a lot of funds from investors, but no one found any way to return their stolen funds.  If the activity in the cryptocurrency market was subject to certain controls, then investors could return their funds in a judicial proceeding.  In real life, any crimes and fraud are punished according to the Criminal law, but in the cryptocurrency market there are still not one scammer who has been punished.  And if we talk about bitcoin, then I’m sure that governments have no choice but to fully recognize Bitcoin as a digital asset and means of payment.

[Wintersoldier]

In my own opinion, people are comfortable investing in government controlled investment because it can be trusted and it is legitimate, unlike in crypto space not all projects are legitimate because most bounty projects in cryptocurrency is a fraud and scams, that is why there are only few people who uses and buys bitcoin.

[mahilchii]

The major reason I think is because of security and to avoid scams. For example like banks, people don't want to opt for private banks rather they go with their central government associated banks. They don't want to risk their hard earned money in a unsecured banks, The same works here its all about trust how we build with the people's.

[Sanugarid]

In my own opinion, people are comfortable investing in government controlled investment because it can be trusted and it is legitimate, unlike in crypto space not all projects are legitimate because most bounty projects in cryptocurrency is a fraud and scams, that is why there are only few people who uses and buys bitcoin.

You have already given the answer that the OP needed, people are more comfortable with government/institutional legitimate investments because it is safe. Cryptocurrencies on the other hand has more risks that contains volatility which the other economists coined it  "bubble" because of the movement it does and figuratively speaking it is since it is running under decentralized system and the core is just a speculation. People are afraid of what is uncertain, people are afraid of dark passages and people are afraid in losing their money.

[madhavsinghrajput]

There are several reason for people to prefer government controlled investment over crypto market.Trust and safety factors are biggest of them all.But with times fraud rates have not increased people are slowly attracted towards.We all know that rate of money which has been injected in past few years is large.Many countries are and will use bitcoin to tackle inflation and article of coindesk also says soo
https://www.coindesk.com/bitcoins-role-combatting-inflation
Even Forbes believe that bitcoin can be the next gold or even bigger than gold.
https://www.forbes.com/sites/investor/2019/04/16/bitcoin-is-the-new-gold/#76fe088a239a

[Meowth05]

I think the reason that people invest in government controlled investment is that it is safe and it has insurance so if something happens you will still have the assurance that you will not lose your money.

[Kakmakr]

THE REAL QUESTION IS:

Why are people comfortable investing in BitCoin 

I think it might be because of the no bull$hit attitude that Bitcoin takes on the financial system. We have Corporate shareholders pulling the strings in traditional investments and they are protected by governments. Bitcoin is basically tipping the cow $shit on traditional methods of investing and takes things back to real demand and supply fundamentals.

A lot of people also look at disruptive technologies as a huge potential to make large profits. The digital camera totally destroyed Kodak in the past and it opened up better method of doing things. (Can you imagine if we still had to use film and the time it took to develop that film?) 

[South Park]

Is because of the safety and insurance that the government investment platforms offer its members. I have seen in my country when a bank goes bankrupt and the government takes over to pay the debt gradually but this only applies to approved banks where the government owns some shares in it. Many people have been deceived by several crypto projects in their ICO and IEO and could not build any solid project. these are the number of projects that i have lost huge amounts of money in MiracleTele, Vivid, CryptAssist, Lympo, Flogmall etc. I can't even count them

While some sort of protection like that exists in most countries the truth is that the governments cannot back every single bank if they begin to fail at the same time, at best they can cover something like 10% of all the funds deposited in those banks if a system failure hits them, and there is no reason to believe that will not happen again at some point, then all of those promises are going to be broken and the people that had their savings there will lose most of the money they spent a life saving when they could have chosen a safer alternative like gold to protect them in the case that were to happen.

[Jeezy911]

Because you can't get hacked and lose it all, and if you did, you are insured in most cases. Everyone here has a sad crypto story. Still love Bitcoin, but this is reality.

[mrrdewitt]

I’m not sure that Bitcoin is a safe haven. Imagine this situation. The global economy collapsed. Unemployment, there is no food in stores, people in a panic begin to rob stores, etc. How will your 10 bitcoins help you in this case? If you spend this money in order to pre-purchase the necessary for life, then you can survive in such times. I mean, you need to invest in something that is really useful for life, if everything collapses.

And Bitcoin is not very different from other financial instruments. All of this is not reliable, in my opinion.

[milewilda]

Security and Insurance.

These are the reasons why do most people prefer on investing in government controlled one since they do know that they can rely into something when theres a problem
but when it comes to risk on losing money then its just the same since theres no safe haven when it comes to this field.

Or

People arent just aware on other investment opportunities which is way more better imho.

[DevilSlayer]

Security and Insurance.

These are the reasons why do most people prefer on investing in government controlled one since they do know that they can rely into something when theres a problem
but when it comes to risk on losing money then its just the same since theres no safe haven when it comes to this field.

Or

People arent just aware on other investment opportunities which is way more better imho.

It is really because of security, Robert Kiyosaki made a cashflow quadrand explaining that the left side of the quadrandt are the people who seeking security and benefits so they are the people who are investing in government controlled investments while the right side are the people who seeking financial freedom. Those people who seeking securities thought that they can be rich by investing in government controlled investments.

[KrisAlex18]

Well, as I expected there are still so many people who invest in government controlled becausenof thinking that it is more secured compared to crypto investment websites, we cannot deny the fact that there are people who do not believe the benefits of having bitcoin or the use of bitcoin to them. Even me before I don't believe too much about bitcoin or any crypto investment websites because of being afraid to do so and I don't have enough knowledge about crypto that time but now, when I did some research about it, I found it so good and one of my friend invited me to try crypto world and he's not wrong that there are so many opportunities to make money in crypto world such as investing, hodling, trading, etc.

[Farma]

if people feel comfortable with investing in the government, that is clear, because the current system is in favor of the government, even some of us think of doing that too. Well, that's because of the collateral that they can give, like in a bank. however, considering the large risks is still quite difficult for some people, so they choose to invest in the government.

[maydna]

People are comfortable investing if the government can control the investment because they want to feel safe, and they don't want to see their money is gone or steal. When something worst happens, the government can handle the care, and if someone takes the funds, the government will give back the money to people. You can check on the banks, how many people will save their money in the banks, and they don't feel afraid about anything even if they need to pay the taxes to the government. So people can choose what type of investment they want while today, they have so many investment types that they can use to increase the number of their money.

[Sanitough]

if people feel comfortable with investing in the government, that is clear, because the current system is in favor of the government, even some of us think of doing that too. Well, that's because of the collateral that they can give, like in a bank. however, considering the large risks is still quite difficult for some people, so they choose to invest in the government.

That's their decision, majority of us are not really risk takers so we can't blame them that their life will not change.
In crypto, this is considered as a risky type of investment, it might result to big loses but it could also change our lives if we got lucky here, we call ourselves real gamblers but it's alright because we are not only gambling based on pure luck only, we gamble in the future of crypto because we believe on its potential.

[Latviand]

Of course many people will prefer investments controlled by the government because because of a sense of security over a long time the government guarantees those who are controlled by the government if you have any obstacles then it will be very safe for us to invest for a long time even investors also use government control.

But, are they aware that government controlled banks are sometimes unorganized and polluted? The government authorized banks are ineffective when it comes to investing cryptocurrency. You will know the reality if you know how market flows, how can the economy manage their movement. Banks are not favorable about using crypto for investments such as bitcoin, some governments are really ignorant about the value of bitcoin in the economy. It is potentially a safe haven for the users, the only problem is how the government banks manipulate this asset in the economy.

When Covid-19 came, now the government is overwhelmed in the face of them spending so much money to treat all infected including employees etc., then here is bitcoin able to handle all this I think not because there is no control in crypto so it will be difficult to wind fresh for bitcoin to be recognized throughout the world for now.

The only thing valuable during this kind of Covid-19 crisis are fiat currency, because it is the most popular and people are used to spend money in fiat. Government doesn't support any cryptocurrency, not all, but some of the government are ignorant about this. Bitcoin can be used as a payment for online transactions and the authority is still ignoring the use and value of bitcoin in the economy. Also government is favorable about fiat because it is easy to be corrupted and steal as it doesn't need any exchanges or conversion. Hoping that during this pandemic, the cryptocurrency will become more noticeable compared to the fiat currency because they both have different function in the market and the society.

[Yatsan]

They feel safe, Any mistake they can make they can correct it! That's the huge advantage of bank to cryptocurrency. Your card has been stolen? You can easily get that block and make sure your money is safe and even sometimes when you get scammed you can get your money back and you can make sure that the bad guys will get punished. Cryptocurrency is decentralized means your safety is in your own hands, 1 mistake you cannot go back and fix it. People trust government because they feel safe. That's it.

[tippytoes]

They feel safe, Any mistake they can make they can correct it! That's the huge advantage of bank to cryptocurrency. Your card has been stolen? You can easily get that block and make sure your money is safe and even sometimes when you get scammed you can get your money back and you can make sure that the bad guys will get punished. Cryptocurrency is decentralized means your safety is in your own hands, 1 mistake you cannot go back and fix it. People trust government because they feel safe. That's it.

This pretty summarizes why people are still into banking even if some of them are already crypto users. Security is the key. Whatever happens to their account, someone will help them recover it. But in crypto, you are alone in the battle. When you lost it, it's totally gone. So you really can't expect people to totally convert them into crypto users. They will always allot their resources to their safe haven and I don't see anything wrong with that. We all want some security in this life.

[Nunoluck]

Basically the government only wants the country to be safe. If the economy weakens then the country will be fragile, if there is a strong country that utilizes the situation by means of war then this is not a mild problem. The most important think is to safe our country first. When the WHO officially declared the spread of covid 19 a pandemic, the price of bitcoin drop aggresively, in line with stock market. This virus force human to do physical distancing which means there will be less interaction between us, while economic activity go on only because of human interaction, thats why investors prefer to save their money rather than invest. Actually in my opinion with this virus people will prefer bitcoin because this virus can spread through paper money. Most us still see bitcoin as invesment, this is not so good for bitcoin sustainability as currency. Bitcoin must be treated as currency, when most of keep the velocity of bitcoin in market then the price of bitcoin will be stronger. People looks like comfortable in government controlled investment rather than bitcoin because this virus epicentrum is in china where most of bitcoin users are there.

[Stedsm]

Does BTC really need any support? It proved itself by coming out as pure gold, even better than Gold. BTC had nearly done 2x today itself since its low this year and can outperform many more stocks and assets in the near future. Just think that what will happen if Governments from all around the world start regulating BTC completely and the price of BTC is around 1 million? What if 100k BTC will get stolen from a big whale's address? 100,000 BTC * 1,000,000 = $100 billion loss. Will any Government be able to take a step forward and compensate the victims through their QE programs or any other sources? They just can print money against crypto losses, they won't do that ever.

[Zionatin]

I agree with you. If the government is involved I certainly don't want to be. As you say just look at the banking system.

Don't be sad. Bitcoin is not weak. It doesn't need to be bailed out by the government and banks. No more bitcoin will be created unlike the infinite amount of banking notes they can just print out at anytime. If you want a share of bitcoin you join in on the mining and earn some or simply buy some. No hand downs around here that's for sure. Be proud to support bitcoin. There are many fiat currencies out there that only go down in value and never up. Have a look its scary.

[LogitechMouse]

The fact that most of the people are trusting the government is the reason why they are more comfortable in investing on the investments they manage.

The people believe that it will be more profitable if they put it there and lesser risk compare to other kind of investments. TBH, the interests of the investments that are holding by the government are far lower than it is when you are trading either crypto or stocks.

Did Bitcoin get any support from governments when Stock markets plummeted lately? No, because Bitcoin is seen as the enemy. 

We don't need the support of the Governments since Bitcoin is decentralized and they will not benefit on it. Although there are some countries are supporting it or just remaining neutral on it, there are some who permanently banned it which is a bad thing. Bitcoin doesn't need the support of the government but it needs the support of us investors of it.

[dothebeats]

People are comfortable because they mostly believe what the government has to say. Also, since the government are the ones enforcing the law, why would they not be comfortable with that thought? Risks regarding defaults and fraud would be minimized (in their heads, at the least) since how can anyone go against the government?

That is their line of thinking, and let it be. No one should force anyone to change ways just because one thinks the other is a better option. They believe that the government always got their back whatever happens.

[imstillthebest]

They feel safe, Any mistake they can make they can correct it! That's the huge advantage of bank to cryptocurrency. Your card has been stolen? You can easily get that block and make sure your money is safe and even sometimes when you get scammed you can get your money back and you can make sure that the bad guys will get punished. Cryptocurrency is decentralized means your safety is in your own hands, 1 mistake you cannot go back and fix it. People trust government because they feel safe. That's it.

This pretty summarizes why people are still into banking even if some of them are already crypto users. Security is the key. Whatever happens to their account, someone will help them recover it. But in crypto, you are alone in the battle. When you lost it, it's totally gone. So you really can't expect people to totally convert them into crypto users. They will always allot their resources to their safe haven and I don't see anything wrong with that. We all want some security in this life.

the only advantage of crypto if not security is the anonimity and the hassel free application but in a govt related service no as it requires more process to apply for a single thing  and most especially your privacy and datas are exposed   .

 cant imagine why people are comfortable with it  . before i see many people worship crypto saying good stuffs with it  so i dont believe that majority are still into govt related investments   . you just need to be more vigilant on here on cryptos to make your self secure or your funds safe   .

[gundala]

the only advantage of crypto if not security is the anonimity and the hassel free application but in a govt related service no as it requires more process to apply for a single thing  and most especially your privacy and datas are exposed   .
 cant imagine why people are comfortable with it  . before i see many people worship crypto saying good stuffs with it  so i dont believe that majority are still into govt related investments   . you just need to be more vigilant on here on cryptos to make your self secure or your funds safe   .

because everyone has different standards. Some like risk, some don't. Some like challenges, some don't. So for those who choose investments that are tied to the government, have a sense of security because all problems can be overcome and will be justified. Another case with crypto, because it is decentralized, all security and losses are our responsibility. Both of these models have advantages and disadvantages, don't worry, choose the one that best suits your passion, manages it maximally.

[panganib999]

The reason I see is that people have already been investing into government controlled investment that is why they are already certain that they can trust their money into this investment agencies or companies. We people have this mindset that once we have already tried getting into one thing for such a long time and have already seen good thing or result from it is we entrust everything on it and make use of it over and over again. Also, there are still certain countries that are still not adapting the usage of cryptocurrencies so there is no chance that people can do crypto investment even if they want to. People are still not being able to know about how cryptocurrency works and being used as well as they still do not know about cryptocurrency at all that is why many are still reliant and trusting government controlled investment since they have been into it for a long time since then which leads them to trust it more than any other investment.

[Ronaldcoin2017]

People is comfortable because government controlled investment has all the forms of legalities, and people really believe that government controlled investment is really safe way of investment than investing to non government controlled investment. Maybe we need to invest in government controlled investment so that we can avoid scam.

[Fundamentals Of]

Just like what most people say, government regulated investments are most likely legit. Compare stock market with crypto currencies. How many developers and scammers did hit and run? How many coins/tokens turned into a scam compared to government regulated stocks?

[wozzek23]

Talking about Bitcoin getting help after plummeting; how exactly were you expecting the government to give help to Bitcoin? That’s not even possible, Bitcoin is a decentralized currency and there is really no way you can do something in support of it, there is no organization that runs it that you can push money into as a support for Bitcoin.

But other centralized organizations can be supported because they are being controlled by just that one organization, which totally unlike what we have in Bitcoin, so there is a huge difference. And not being centralized is one of the fears of those that doesn’t want to invest in cryptocurrency, because they are afraid.

[South Park]

if people feel comfortable with investing in the government, that is clear, because the current system is in favor of the government, even some of us think of doing that too. Well, that's because of the collateral that they can give, like in a bank. however, considering the large risks is still quite difficult for some people, so they choose to invest in the government.

The problem is that while that is true now there is not any guarantee it is going to continue to be true in the future and when it is not then you are bound to take huge losses, people have memories that are too short but governments have failed to pay their obligations throughout history and yet somehow they always think this time it is different, in my opinion an investor that does not want to take care of his investments has no place being an investor and yet many lazy investors do exactly that when they invest in government investments and then they are surprised by their lack of results.

[DeathAngel]

People conform, human beings are like sheep, they follow the crowd & do whatever carries low risk & might be deemed as normal. It’s why they invest in low interest, bank savings accounts, not many people have the balls to get up off their ass & do something constructive that makes money.

Nobody ever got rich by taking no risks. If you’re here now & own bitcoin you are still an early adopter. The early bird catches the worm

[Genemind]

People seek security when it comes to investment. Since there is no protection against scam/fraud in crypto people still choose to invest in government backed or listed copmanies. However, the risk that comes along with crypro investment is also the reason why crypto is profitable. Take note that in investment the higher the risk is, the higher the reward will be, it all falls on how you will manage the risk.

[Yamifoud]

People who choose government-controlled investments because they feel safe, and they think the government will protect it.

That is there is the first concern and truly we can't deny that could help for it minimizing the risk involved. But somehow people are looking for more profit gains even they will face the high risk but still, they have to make it.

High risk = more gain

This is the main reason why people are getting interested in investing in crypto. And when the time has come that the government will be giving their string support in here, it surely a lot of people will rush to crypto.

[samcrypto]

People who choose government-controlled investments because they feel safe, and they think the government will protect it.

If its a government bonds then you will gain profit on that whatever the status of the economy is, and that’s why many investors still prefer an investment like this, no risk but small rewards. If they are comfortable with this, then so be it after all its their money and we can’t force them to take more risk and earn more money.

[AakZaki]

Because some people do not know of modern innovations such as Crypto so that people do not have confidence in Crypto.  As in the village where I live, people rarely invest in Crypto.  So when they have a lot of money they invest their money in institutions supported by the government such as banks.

[fiulpro]

It is all because of security, they don't have to worry about the consequences since the government controlled investments are more or so something that the government won't disapprove of .

Government when it comes investments are a bit of a dictator and very controlled and unfortunately this limits the opportunities that the people get to have very limited.

Therefore thinking about the future , people do feel more secure in making a government approved and controlled investment.

It is all about security.
Security in respect to the value and security in respect to the government itself.

[Bitcoinislife09]

Did Bitcoin get any support from governments when Stock markets plummeted lately? No, because Bitcoin is seen as the enemy.

Surely it is not going to be allowed in your country if it was not supported by the government lets just say that is was just not yet prioritize.

Still many people are more comfortable investing in government controlled investments because government controlled investments offer long term investment and if there is something wrong that happened the government will be liable for it, unlike cryptocurrency that offers short term investments and there are still other countries that are not yet accepting cryptocurrency. If cryptocurrency will last for more years I think many people would trust it anf more people will have the courage to invest their money in the cryptocurrency.

[Wenbing]

Just think about it a little. 

You know that whatever happens with your government controlled investment, you will have a safety net from that government. History has shown us how governments have bailed out Banks and/or injected millions or even Billions of tax payers money into economies to protect it.

They are printing Trillions of Dollars to reduce the impact of this Covid-19 virus on their local economy and they are doing this with money that was supposed to go to critical needs. (Public Health care / Social grants for unemployed people etc.)

Did Bitcoin get any support from governments when Stock markets plummeted lately? No, because Bitcoin is seen as the enemy. 

We relish in the fact that Bitcoin is not supported by the injection of slow poison from these governments, because this cannot be sustained indefinitely. At some stage we will see that taxes would not be enough to save Banks and/or local economies. Companies and individuals can only pay so much taxes, until they go bankrupt.

It is only smoke & mirrors to postpone the inevitable collapse of the global economy. Will Bitcoin then be seen as a real safe haven or will it be too late? 

See, my thoughts and analysis on this thread is this:
1. A system that's self sustaining is a proof of a solid business model.
2. If bitcoin doesn't need an injection of cash during financial crisis while the global economy needs intervention to survive shows that bitcoin is more reliable.

This goes a long way to show that crytocurrencies may be the future of currency.

[coolcoinz]

Just like what most people say, government regulated investments are most likely legit. Compare stock market with crypto currencies. How many developers and scammers did hit and run? How many coins/tokens turned into a scam compared to government regulated stocks?

What does it mean "legit"? Legal? Of course they are going to be legal because the legal system is controlled by the governmen. The problem begins when they change the law to make their manipulations legal. They can do it and they will do it. The US Government unpegged the Dollar from gold. What makes you think they cannot go further and ban cash one day?
Introducing negative interest rates is one of the most common manipulations by governments.

[BlackHatCoiner]

I will answer to OP. The dollar is a steady currency. Seriously now, how many times have you seen goverment bans the dollar? 0 times?

I'm new at cryptocurrencies, and I can admit they are too interesting, but they are not steady. If you have 1000BTC, the next day you may have loss a fortune. Why shouldn't I want the steady dollar that everyone wants it? Why should I care that goverment owns it?

The thing that bitcoin is not owned by anyone, is truly amazing tho.

[carlisle1]

There are still a greater number of people investing in government controlled investments compared to cryptocurrency investments because there are still some countries that do not accept cryptocurrency in their land because of being blink of what cryptocurrency can give to them.

Not only because some countries did not accept Bitcoin till now but because they have no big trust in this market but they are supporting government investing for assurance and legitimacy.

They are also comfortable that their money is much safer because it is handled by the government,

that is exactly what is happening,they Knew that safer is from governments side than against of to those whoa re not being recognized by governments .

[nutoskaleo]

They are just kind of old-fasioned guys who believe in reliableness of goverments. That is going to last untill their profits from goverment investments occure to be less than inflation rate. It's just a counterintuitive idea to support projects controlled by authorities as it goes against the idea of cryptocurrencies and blockchain.

[BlackHatCoiner]

They are just kind of old-fasioned guys who believe in reliableness of goverments. That is going to last untill their profits from goverment investments occure to be less than inflation rate. It's just a counterintuitive idea to support projects controlled by authorities as it goes against the idea of cryptocurrencies and blockchain.

It isn't only about "old-fashioned guys". Admit it, it's not easy to learn how cryptocurrencies work.

[Eplus_Team]

I think the reason that people invest in government controlled investment is that it is safer and it mostly has a insurance so if something happens you will still have the assurance that you will not lose your money or not will get a part back

[crustycrab666]

I will answer to OP. The dollar is a steady currency. Seriously now, how many times have you seen goverment bans the dollar? 0 times?

I'm new at cryptocurrencies, and I can admit they are too interesting, but they are not steady.

Well, some people consider volatility as a threat to their investment, while some people consider volatility as an opportunity to develop the value of assets. This cannot be forced, everyone has their own interests. If I choose to take the good opportunities offered by cryptocurrency, even though it is difficult, market movements are analyzed both fundamentally and technically.

[South Park]

People conform, human beings are like sheep, they follow the crowd & do whatever carries low risk & might be deemed as normal. It’s why they invest in low interest, bank savings accounts, not many people have the balls to get up off their ass & do something constructive that makes money.

Nobody ever got rich by taking no risks. If you’re here now & own bitcoin you are still an early adopter. The early bird catches the worm

This, most people are simply too lazy to learn how to invest and in order to feel safe they invest in whatever everyone else is investing, this gives them a false sense of security since it seems impossible everyone is going to lose their money at the same time but when events like this pandemic happen then they lose their money and somehow they are surprised by this, which is odd since we know that for one reason or another there is always a big economic crisis every decade, which means that only the investors that can read the signs of the market way ahead of time can be profitable in this activity.

[carter34]

I will answer to OP. The dollar is a steady currency. Seriously now, how many times have you seen goverment bans the dollar? 0 times?

I'm new at cryptocurrencies, and I can admit they are too interesting, but they are not steady. If you have 1000BTC, the next day you may have loss a fortune. Why shouldn't I want the steady dollar that everyone wants it? Why should I care that goverment owns it?

The thing that bitcoin is not owned by anyone, is truly amazing tho.

Security is your point here and I believe that is why many have been doubtful about investing in btc. The government knows how to manipulate cash for the benefit of all and the country but the whale manipulate bitcoin for their own personal profit.

[ropyu1978]

Why do people feel comfortable investing in government controlled investments, the answer may be that they prove it by earning 2% a year, with 3% infillation .. those who are used to their government feel comfortable with fiat which has a stable price than bitcoin ,, but in my opinion, I am more interested in bitcoin, because I can control it myself ..

[nelson4lov]

I will answer to OP. The dollar is a steady currency. Seriously now, how many times have you seen goverment bans the dollar? 0 times?

I'm new at cryptocurrencies, and I can admit they are too interesting, but they are not steady. If you have 1000BTC, the next day you may have loss a fortune. Why shouldn't I want the steady dollar that everyone wants it? Why should I care that goverment owns it?

The thing that bitcoin is not owned by anyone, is truly amazing tho.

That's the issue with crypto volatility. But I do think that people are already aware of this before venturing into cryptocurrencies even though a small subset of them freaks out when there's crazy wicks occur to the downside or everytime there's a market correction. But they are readily available to invest their funds in government based investments like bond because unlike crypto, you can calculate how much risks is involved with such opportunity. In crypto, you don't get such luxury. You must be willing to put funds that you're comfortable to lose. It's just how it is.

[btc-room101]

Just think about it a little.  

You know that whatever happens with your government controlled investment, you will have a safety net from that government. History has shown us how governments have bailed out Banks and/or injected millions or even Billions of tax payers money into economies to protect it.

They are printing Trillions of Dollars to reduce the impact of this Covid-19 virus on their local economy and they are doing this with money that was supposed to go to critical needs. (Public Health care / Social grants for unemployed people etc.)

Did Bitcoin get any support from governments when Stock markets plummeted lately? No, because Bitcoin is seen as the enemy.  

We relish in the fact that Bitcoin is not supported by the injection of slow poison from these governments, because this cannot be sustained indefinitely. At some stage we will see that taxes would not be enough to save Banks and/or local economies. Companies and individuals can only pay so much taxes, until they go bankrupt.

It is only smoke & mirrors to postpone the inevitable collapse of the global economy. Will Bitcoin then be seen as a real safe haven or will it be too late?  

Well essentially investments approved by the GOV, have means of getting your money back. In the BTC world when the exchanges steals your money, you are SOL.

Older people tend to be wise about losses, and they can't get it back when lost, because their earning years are over.

Young people can afford to 'lose it all',

The investments are 'gov controlled', so much as they are 'regulated', e.g. there are rules, like telling people what is actually being done with their money, while its in the hands of the bank, or broker.

You bring up the most interesting question of all "Will the US-GOV bail out BTC"?? Yes they will, in past 14 days BTC fell 25%, that wiped out a lot of institutional funds; The blood on the streets hasn't even flow yet to the public eye.

In the past 50 years GOV has bailed out 1,000's of shitty company's, so yes GOV will bail out BTC, and why not? The money is FREE FIAT, FED can issue FRN to infinity.

Tulips for all forever. Rome ended this way, the money became worthless farmers quit sending wheat to the citys, there was no bread, and the city's failed, the GOV failed. It took 500 years for the Romans. The USA has been bankrupt since 1911 at the start of the FED.

What's BTC really worth when backed by FED, and measured in USD?? BTC can go to infinity, if its measured in USD.

Probably better to measure BTC in gold day-2-day to see if its really increasing in value.

Recent selloff of gold in the past few months is because gold is more liquid that BTC ( exchanges make exit hard ), the EXCHEGOS fund-failure caused billions in margin-calls, lots of gold had to be liquidated. BTC was next to selloff. People need to raise cash to cover.

With recent -25% drop in BTC, we don't know how many people were flying 4x, or 10x, we don't know how many 1,000's of people have been wiped out, nor how many companys??

Musk bought $1.5USD on borrowed money at $42k a few months ago, people like him aren't looking so bright now, they're going to sell or go bankrupt.

GOV created BTC so this argument is actually fallacious, you must know that SHA256, SECp256K1, and all BTC backbone is NSA created. The original btc white-paper came out of BIS-IMF in 1997, and not satoshi in 2009.

Its been said FED-BIS-IMF has only one reason for creating BTC, to keep stupid money from flowing into gold. World Government

[Alanaz]

depending on the person. but I can understand why people prefer and are comfortable investing in government control.
There are several reasons for that, one of which is that there are still many countries that oppose the existence of bitcoin so that knowledge of bitcoin is reduced and it is very taboo in countries that oppose bitcoin. with their lack of knowledge about bitcoin automatically they will be reluctant and rethink.
the second is that they have been following the investment for a long time. It would be a pity if we had made long-term investments after that it was just dismissed. because most investments controlled by the government are long-term investments

[btc-room101]

I will answer to OP. The dollar is a steady currency. Seriously now, how many times have you seen goverment bans the dollar? 0 times?

I'm new at cryptocurrencies, and I can admit they are too interesting, but they are not steady. If you have 1000BTC, the next day you may have loss a fortune. Why shouldn't I want the steady dollar that everyone wants it? Why should I care that goverment owns it?

The thing that bitcoin is not owned by anyone, is truly amazing tho.

I think the paper USD has bankrupted 3 times, since 1776, and the paper money has changed many times.

Try to cash a confederate Dollar?

It's paper-money, in all human history, average life span of 45 years.

GOV doen't ban, they just make worthless, since 1913 the USD is down 99% in purchasing power.

...

Why care? Because our GOV doesn't represent the people, the GOV is owned by corporations, todays USA is fascism, if you allow the GOV to know what you have, somebody from some agency will come and steal what you have, the entire world operates this way

Hell the cop high-way robbers have name "civil asset forfeiture"

You withdraw big cash from bank, drive home, cop stops you takes your cash, you never see it again, cops get to spend all at xmas party.

The person who knows the private-key for a high-value address is the owner, your last statement shows you need to own & learn about crypto.

The sad thing is most people who buy crypto, don't know that if they don't hold the private key, they don't own it, and IRS-COINBASE prefers to give you an address, and same for nicehash, and all the other scammers runnng the system

depending on the person. but I can understand why people prefer and are comfortable investing in government control.
There are several reasons for that, one of which is that there are still many countries that oppose the existence of bitcoin so that knowledge of bitcoin is reduced and it is very taboo in countries that oppose bitcoin. with their lack of knowledge about bitcoin automatically they will be reluctant and rethink.
the second is that they have been following the investment for a long time. It would be a pity if we had made long-term investments after that it was just dismissed. because most investments controlled by the government are long-term investments

I can only think of unstable country's like Venezuela with hyper-inflation, and there not being an easy cheap way to hold gold. Just like in USA

In ASIA there are gold shops on every corner, every household owns gold, China tinkered with paper money 2,000 years ago and learned it can become worthless overnight, every child in ASIA is taught this, the gov encourages people to own gold.

In the west GOV discourages gold ownership, because the GOV sees citizens as debt-slaves and the corporations want debt-slaves, not free men.

So in a crisis there is no easy way to protect cash, because there is no gold to trade, only worthless paper, this is what happened in Weimar Germany  1918-1921

Much of the selling point of crypto in the west is 'virtual gold', the fools don't realize it can be gone in the morning, sold in ASIA the night before, cashed out for gold.

[moderator's note: consecutive posts merged]

[izsara]

because some of them began to feel comfortable and did not want to move to new things, especially those related to finances.
some of them may also think about the long term, moreover, the government uses a long-term system so that if you stop in the middle of the road it is like wasting money.
because it is better to continue with an existing one than to start anew.
but it is better if the existing investment in the government is executed and then makes a new plan related to crypto. when both are executed, we can find out the difference in profit and what kind of future we can choose

[Jet Cash]

The government is not interested in protecting the people. It is only interested in re-election, and protecting the interests of its masters. People invest in many government projects that are contrary to their interests. Fiat currencies and central banks are a couple of examples. It isn't just financial investment either. Just look at the numbers of people who are destroying their health by "investing" in pharmaceuticals and related destructive products.

[pinggoki]

Simply because the people knows that the government can cover a huge security all over of their investments and also the reason behind this is that the government itself also offers a lot of investment platforms that are legal in the law so that people may patronize the government controlled investments. Another thing is that it is more comfortable and efficient to invest on the controlled investments of the government as they feel more secured about it.

[bitterguy28]

Simple !!! Because they believe that it is much safer than in any platform and if you are talking about crypto to be their investing option?

well it won't happen for now and will take long time to happen.

But in time when the adoption finally happens in all part of the world , believe me they will take it from here.

[sapnu]

There are many reasons why most of the people prefer investing in government controlled investments instead of investing in crypto. One of which is the fact that crypto, regardless of the fame and the noise it made all over the world, is not yet recognized by everyone already. Also, there are some countries who are not yet considering crypto as a legal currency. Another thing is the fact that they are not knowledgeable enough that's why they choose to stick to the usual since it is too risky entering an investment that you have no idea about. Sooner or later, crypto or bitcoin specifically might end up under the government as they make regulations with regards to the investment in it so it will be best if we would make the most of it while that time hasn't come yet.

[Gheka]

Why do people feel comfortable investing in government controlled investments, the answer may be that they prove it by earning 2% a year, with 3% infillation .. those who are used to their government feel comfortable with fiat which has a stable price than bitcoin ,, but in my opinion, I am more interested in bitcoin, because I can control it myself ..

The stance of government organizations are created based on the purpose of supporting people's lives, somewhere there are benefits for themselves but that's not something to care about, and talking about investments that are managed by the government, normal profits will be low but no organization or individual can make a riot here, the government will remove them, this can be said to be the paradise of safety. However, such a comfortable life really does not mean challenge and success, I also like bitcoin due to the difficult challenges it brings, pass will be an infinite portal of glory

[uneng]

Why do people feel comfortable investing in government controlled investments, the answer may be that they prove it by earning 2% a year, with 3% infillation .. those who are used to their government feel comfortable with fiat which has a stable price than bitcoin ,, but in my opinion, I am more interested in bitcoin, because I can control it myself ..

The stance of government organizations are created based on the purpose of supporting people's lives, somewhere there are benefits for themselves but that's not something to care about, and talking about investments that are managed by the government, normal profits will be low but no organization or individual can make a riot here, the government will remove them, this can be said to be the paradise of safety. However, such a comfortable life really does not mean challenge and success, I also like bitcoin due to the difficult challenges it brings, pass will be an infinite portal of glory

Actually the profits won't be low, but inexistent. It's common nowadays to have a fiat investment generating 2% a year against a 3% inflation, like @ropyu1978 said above. It means, officially, that people are losing 1% yearly by putting their money into the called government controlled investments. And I say officially because we know the inflation in real world is considerably higher than what the official numbers say. In practice people are probably losing 2%-3% yearly by investing in fiat traditional fixed income if we take that example in consideration.

[izsara]

They think that goverment = reliable. Sometimes this is true

But in fact, if we look at the impact of positivity, there are indeed, but government investment also has several shortcomings in several factors such as the business sector compiled by the government as information for potential investors about businesses that are not allowed and various regulations that are not the least, besides that there are several business fields. which is completely closed by the government to foreign investment as well as domestic investment and this is a very unfortunate one. In terms of profit, it is indeed profit, but we cannot determine the profit, which means that all the benefits obtained are the result of being shared with the government.

[Lorence.xD]

Simple !!! Because they believe that it is much safer than in any platform and if you are talking about crypto to be their investing option?

well it won't happen for now and will take long time to happen.

But in time when the adoption finally happens in all part of the world , believe me they will take it from here.

It is definitely safer compared to other platforms like the decentralized ones since the government has an insurance that your investment will be safe compared to decentralized platform like bitcoin which is safe but the moment that your account or address gets compromised, then you will have to wait for the inevitable which is the loss of the funds.

[Rehan Zakir]

The reason is that government is responsible in these process. These investments give us low profits but overall it is a safe way of earning money. But these are the traditional ways of earning money. Now, we can earn money by investing in Bitcoin currency. It is a very unique concept and there is no government that interfere in this method.

[raji1995naya]

The objective of government organizations is to support people's lives; there are advantages for them someplace, but that's not anything to be concerned about; and when it comes to investments controlled by the government, typical earnings will be modest, but no organization or individual can cause a riot here; the government will remove them; this may be considered to be the paradigma.

[btc-room101]

Just think about it a little. 

You know that whatever happens with your government controlled investment, you will have a safety net from that government. History has shown us how governments have bailed out Banks and/or injected millions or even Billions of tax payers money into economies to protect it.

They are printing Trillions of Dollars to reduce the impact of this Covid-19 virus on their local economy and they are doing this with money that was supposed to go to critical needs. (Public Health care / Social grants for unemployed people etc.)

Did Bitcoin get any support from governments when Stock markets plummeted lately? No, because Bitcoin is seen as the enemy. 

We relish in the fact that Bitcoin is not supported by the injection of slow poison from these governments, because this cannot be sustained indefinitely. At some stage we will see that taxes would not be enough to save Banks and/or local economies. Companies and individuals can only pay so much taxes, until they go bankrupt.

It is only smoke & mirrors to postpone the inevitable collapse of the global economy. Will Bitcoin then be seen as a real safe haven or will it be too late? 

What are you saying, some 7% of the COVID money was used to BUY BTC, this is a fact.

BITCOIN was created by NSA, and designed by IMF-BIS

BITCOIN has been controlled since birth, question is why are people in love with it, oh yep they're getting rich, right, you can't get rich when you HODL, and when you do sell it all goes to ZERO.

[sherryDEFI]

Because in the concept of most people, even if the state promises to guarantee the project, even if it fails and goes bankrupt, the state will clean up the mess for them and will not let investors take the risk. This may be a project where many people invest in the country. One of the reasons.

[KEN L]

Just think about it a little. 

You know that whatever happens with your government controlled investment, you will have a safety net from that government. History has shown us how governments have bailed out Banks and/or injected millions or even Billions of tax payers money into economies to protect it.

They are printing Trillions of Dollars to reduce the impact of this Covid-19 virus on their local economy and they are doing this with money that was supposed to go to critical needs. (Public Health care / Social grants for unemployed people etc.)

Did Bitcoin get any support from governments when Stock markets plummeted lately? No, because Bitcoin is seen as the enemy. 

We relish in the fact that Bitcoin is not supported by the injection of slow poison from these governments, because this cannot be sustained indefinitely. At some stage we will see that taxes would not be enough to save Banks and/or local economies. Companies and individuals can only pay so much taxes, until they go bankrupt.

It is only smoke & mirrors to postpone the inevitable collapse of the global economy. Will Bitcoin then be seen as a real safe haven or will it be too late? 

----------------------------------------------------------------------------------------------------------------------

High returns mean high risks, and investment methods under government supervision are relatively safe. The current economic environment is poor, and investment methods such as stock funds under government control do not have good returns. The blame is on other investment methods such as cryptocurrency. I他makes no sense.

[WillieTruman]

The reason why the blockchain has become popular in recent years is actually very simple. It is especially easy to make money. Of course, issuing coins does not mean that you do illegal things. In fact, many investors who issue coins are just speculative. You can go and see, all overseas foundations are registered, such as Singapore, the United States, and the United Kingdom. Singapore is the most famous because it is legally compliant in Singapore. It can provide legal opinions and has a clearer policy. , Legal services are better, then we can rest assured to issue coins, because we have overseas registration procedures, so investors want to issue coins, these are not problems! !

[Zilon]

As decentralized as Bitcoin is which has treatened the stability of most nation's economy we aren't expecting any support what so ever from those countries considering it's de-evaluating their currency and make their economy instable. Lately we have noticed a joint effort from different nation's and individuals causing ba deep in the cryto market trying hard to deevaluate most crypto currency. For this purpose alone it's a clear indication that no matter what plays out in the crypto market the government would never be in full support and since it's decentralized it can always source for it's own way to regain back full value without government endorsement

[MCobian]

Because in the concept of most people, even if the state promises to guarantee the project, even if it fails and goes bankrupt, the state will clean up the mess for them and will not let investors take the risk. This may be a project where many people invest in the country. One of the reasons.

Indeed, one strong reason why many people are more comfortable investing in assets that are under government control and supervision,
because the government guarantees the owner of the asset in case of fraud or the company where the investment goes bankrupt. So they
feel safer, if we look at this side, it is really good what the government has done by providing this guarantee. But the problem is that we as
asset owners have no privacy at all, because we have to submit all personal information. Maybe because there are indeed many frauds
in the investment world, many people are willing to lose their privacy for the sake of the safety of their assets.

[Tumanggor]

Did Bitcoin get any support from governments when Stock markets plummeted lately? No, because Bitcoin is seen as the enemy. 

We relish in the fact that Bitcoin is not supported by the injection of slow poison from these governments, because this cannot be sustained indefinitely. At some stage we will see that taxes would not be enough to save Banks and/or local economies. Companies and individuals can only pay so much taxes, until they go bankrupt.

It is only smoke & mirrors to postpone the inevitable collapse of the global economy. Will Bitcoin then be seen as a real safe haven or will it be too late? 

until whenever Bitcoin's decentralized nature will make Bitcoin an eternal enemy of the government
the government desperately wants everything within their control

injecting billions into the bank is already the trick to getting more taxes out of it
Bitcoin is freedom and government is the enemy of freedom itself

[Kiley33]

People are more trustworthy when investing in fiat currency, they feel safer, and the government can be counted on. Once lost, the state can help retrieve it. They trust the government, but not all governments are trustworthy. Some governments have relatively little say. I don’t know if people believe it. Many people will not trust the government. However, whether investing in government holdings or investing in cryptocurrencies is risky. If we want to invest in something, we must first understand it before we plan.

[Obito]

Probably because most government controlled investments are secured and most of them are mandatory like in my country, you need to have some sort of insurance that you need to have so your employers has to put your contributions so basically, you can't escape it if you don't have a job. Although it will be problematic because the people trusts that the funds won't be plundered by their corrupt officials.

[acener]

I think the reason behind it is they trust it and think that it is the safest investment and they wouldn't get scammed.
They only trust what they believe in and I think when they finally understand and truly known crypto they would start to believe on it too and choose it over government controlled investment.

[john_nautica]

Some people feel that there is more guarantee when it comes to safety and security of investment when it is under the control of government simply because the government is the law. When something happens, anything that actually takes place with the investments, the government has the power to interfere and provide actions, which is both a good and disadvantageous. Government controlled investments may be backed up for security but limitations are also set, and not all governments act in good faith. Any investments, in reality, is risky so practice due diligence.

[conected]

I think the reason behind it is they trust it and think that it is the safest investment and they wouldn't get scammed.
They only trust what they believe in and I think when they finally understand and truly known crypto they would start to believe on it too and choose it over government controlled investment.

- However, they are not aware that sometimes the government can also sabotage their comfort, we cannot completely guarantee the purity of this class, cases of abuse and corruption are very much publicized each year in many different countries, moreover, many activities remain undisclosed, the system that people thought was comfortable and safe was full of such dangers. But the government always knows how to put limits on how to make money from us, we can be prey but we are not devoured like in crypto

[BTCINVESTOR]

Great educational video discussing fiat impact of crypto on fiat...

https://youtu.be/8x-NW1RdbdA

[Renampun]

The reason is that government is responsible in these process. These investments give us low profits but overall it is a safe way of earning money. But these are the traditional ways of earning money. Now, we can earn money by investing in Bitcoin currency. It is a very unique concept and there is no government that interfere in this method.

the government encourages citizens to invest in their products by spreading fuds on other investment products such as Bitcoin...

the government controls the media and that's what makes them able to market their products at any time, but Bitcoin has a strong loyal community, which the government can't regulate at will.

[SaShiRaJaVu]

the government encourages citizens to invest in their products by spreading fuds on other investment products such as Bitcoin...

the government controls the media and that's what makes them able to market their products at any time, but Bitcoin has a strong loyal community, which the government can't regulate at will.

That is not the truth, the government is not going to FUD about other investments, they are issuing warnings because of the number of fraudulent activities that are taking place in the cryptocurrency market. Exchanges running away with money, ICO scamming people and the government will warn their citizens.

The main reason why people are confident in investing in government controlled investment is because they are guaranteed that if anything happens they will compensate unlike private companies.

[Kong Hey Pakboy]

I don't if this is the case for every country but government stocks and bonds are the ones that comes to the people rather than the other so basically, people know more about it because they frequently saw it rather than other much better investment tools out there like stocks, bitcoin and cryptocurrencies.

[TribalBob]

In my opinion, government-controlled investing is safe from loss or loss, but there is a downside if we invest in fiat, the value only increases by 3-10% in 1 year, in contrast to bitcoin if it has gone up, you can get 100% profit or even more.
too many bitcoin weaknesses in my opinion, hacker threats, price drops, scams and much more

and it all depends on which trust is more comfortable in investing because everyone's views are different

[ChiBitCTy]

Just think about it a little. 

You know that whatever happens with your government controlled investment, you will have a safety net from that government. History has shown us how governments have bailed out Banks and/or injected millions or even Billions of tax payers money into economies to protect it.

They are printing Trillions of Dollars to reduce the impact of this Covid-19 virus on their local economy and they are doing this with money that was supposed to go to critical needs. (Public Health care / Social grants for unemployed people etc.)

Did Bitcoin get any support from governments when Stock markets plummeted lately? No, because Bitcoin is seen as the enemy. 

We relish in the fact that Bitcoin is not supported by the injection of slow poison from these governments, because this cannot be sustained indefinitely. At some stage we will see that taxes would not be enough to save Banks and/or local economies. Companies and individuals can only pay so much taxes, until they go bankrupt.

It is only smoke & mirrors to postpone the inevitable collapse of the global economy. Will Bitcoin then be seen as a real safe haven or will it be too late? 

I can't fully get on board with what you are stating here.  First off they are always using tax payers money to help bail out banks/companies etc.  When they print money, they are simply make new money, not necessarily using tax payers money.  I suppose it feels like that due to inflation occurring due to the printing of money.  Here in the United States if a bank goes under there is something called FDIC insurance.  It's not from tax payers money.  However it really is smoke and mirrors as if all the big banks actually did go under, this "insurance" would never actually pay out.  Also, if the world economy really did collapse, then bitcoin is not likely to be worth very much. 

[tygeade]

People usually prefer government controlled investment, no doubt about that. I have talked to people about Bitcoin and they always say that it is not backed by the government and it is not centralized, so they don’t see the need to invest in it because they feel it is not safe.

One of them told me that he wouldn’t invest in anything that doesn’t have to do with centralization or have any control unit, because it is not safe. I don’t hold it against them, because I know things are different for everyone, from the level of understanding, to finance, and the level of risk we can take and handle and all that. And moreover, I don’t expect everyone to be part of the cryptocurrency community, if you can, then go for it. Nobody is being forced.

[dimonstration]

They feel comfortable investing that is controlled by the government perhaps because of the guarantee of a strong supervisory system from the regulator, so that the level of trust in the government will look credible, of course with this system investors will be very confident that their investment will be relatively safe from fraud.

Being government related is their escape to tru crypto as they think it will not introduced any problems since governments allow it. Its already a risk now to invest in crypto so having some backup by government feels much safer however it lessens us the possibility to earn if we were able to trade it in other investments that are non regulated but with high demand in terms of trading.

[stomachgrowls]

They feel comfortable investing that is controlled by the government perhaps because of the guarantee of a strong supervisory system from the regulator, so that the level of trust in the government will look credible, of course with this system investors will be very confident that their investment will be relatively safe from fraud.

Being government related is their escape to tru crypto as they think it will not introduced any problems since governments allow it. Its already a risk now to invest in crypto so having some backup by government feels much safer however it lessens us the possibility to earn if we were able to trade it in other investments that are non regulated but with high demand in terms of trading.

If you are a traditional investor into those heavily regulated things like stocks and forex then you would definitely have that kind of perception and feels towards it since its regulated then you can feel it out that its secured.

I cant really blame off people on having those perceptions or feels since this is actually true but decentralization is the new game now where the public or community is already concerned on dealing with things which is
really opposite of being centralized.

Its actually a matter of preference or choice because its their money and if they are comfortable with traditional investment then let them be. Thing here is that they had just missed out the opportunity
on earning more even though there are some cons on dealing into this market.

[ARTURVH]

For  most people, government investment is more safe because it is guaranteed by the state power. There are military and police etc.
After all, cryptocurrency is a new type of investment model that tests peopls' cognition and ability . For any individual and organization, risks and opportunities coexist.

[Shasha80]

People usually prefer government controlled investment, no doubt about that. I have talked to people about Bitcoin and they always say that it is not backed by the government and it is not centralized, so they don’t see the need to invest in it because they feel it is not safe.

One of them told me that he wouldn’t invest in anything that doesn’t have to do with centralization or have any control unit, because it is not safe. I don’t hold it against them, because I know things are different for everyone, from the level of understanding, to finance, and the level of risk we can take and handle and all that. And moreover, I don’t expect everyone to be part of the cryptocurrency community, if you can, then go for it. Nobody is being forced.

Don't blame people who prefer government controlled investment over Bitcoin, because that person doesn't understand Bitcoin. And we really can't
force everyone to like Bitcoin, there will be people who are not willing to take the risk of investing in something they don't understand. So it's only
natural that there will always be people who choose government-controlled investments, because they think it's safe. It took a long time for everyone
to understand and accept Bitcoin, I had a hard time introducing Bitcoin to people in my environment too.

[John Jefferson]

People will always try to avoid disadvantages. Government investment projects are generally guaranteed by government credit. Unless the government collapses, investors will not lose money. We cannot force everyone to participate in cryptocurrency investment, because some people I don’t like to try relatively high-risk investments and there is no guarantee. Moreover, there are still relatively few countries that allow Bitcoin transactions. Under strict national control, people naturally think that Bitcoin is a bubble-like scam, and naturally they dare not invest in Cryptocurrency projects.

[Rehan Zakir]

Because government is responsible for investors investment. But in this method the profit ratio is very low. And government is responsible for risk of loss. There is no government that is controlling Bitcoin. Bitcoin is a global currency and anyone can use it as a payment method.
But government handled stock market. and this is also a good method of earning money

[tiCeR]

Just think about it a little. 

You know that whatever happens with your government controlled investment, you will have a safety net from that government. History has shown us how governments have bailed out Banks and/or injected millions or even Billions of tax payers money into economies to protect it.

They are printing Trillions of Dollars to reduce the impact of this Covid-19 virus on their local economy and they are doing this with money that was supposed to go to critical needs. (Public Health care / Social grants for unemployed people etc.)

Did Bitcoin get any support from governments when Stock markets plummeted lately? No, because Bitcoin is seen as the enemy. 

We relish in the fact that Bitcoin is not supported by the injection of slow poison from these governments, because this cannot be sustained indefinitely. At some stage we will see that taxes would not be enough to save Banks and/or local economies. Companies and individuals can only pay so much taxes, until they go bankrupt.

It is only smoke & mirrors to postpone the inevitable collapse of the global economy. Will Bitcoin then be seen as a real safe haven or will it be too late? 

I can't fully get on board with what you are stating here.  First off they are always using tax payers money to help bail out banks/companies etc.  When they print money, they are simply make new money, not necessarily using tax payers money.  I suppose it feels like that due to inflation occurring due to the printing of money.  Here in the United States if a bank goes under there is something called FDIC insurance.  It's not from tax payers money.  However it really is smoke and mirrors as if all the big banks actually did go under, this "insurance" would never actually pay out.  Also, if the world economy really did collapse, then bitcoin is not likely to be worth very much. 

Good point because as we have seen at the start of Coronavirus Bitcoin wasn't performing very well. The problem with crises and Bitcoin price is that nobody has money to invest into Bitcoin. Rather, Bitcoin holders need to liquidate their positions in order to be able to pay their bills, mortgages and for everyday needs. That's a common misconception so far I believe. A lot of people think that during a really bad crisis Bitcoin goes up. That could be the case if you were able to look at a currency crisis in an isolated way. The issue with this point of view though is that a currency crisis isn't an isolated event. It comes with all the surrounding that ultimately force people to liquidate whatever assets they have. The only guys who'd benefit from a currency crisis are the rich. They have the money to gobble up cheaply liquidated Bitcoin and they have the time to endure the crisis until everything goes up again until it is time to sell into the Bitcoin buying masses at higher prices than they bought for.

[jinneas]

They believe that government controlled investments are safe and reliable and can protect their assets. They believe that Bitcoin, a decentralized currency, has too much price volatility and high risks. There is no institution like the government to ensure the safety of assets. All risks can only be borne by themselves, and they will have fear of cryptocurrency. For their own benefit, they are more willing to invest in government-controlled security investments.

[Robinson66]

I think this is normal.
This is because people think that the government is just relying on it. If something goes wrong, the government can be approached, and the government will not run away with money. If you invest in other places, the risk is higher.

[cr1776]

.. Why people are comfortable investing in government controlled investments ...

I think it is because they are naive and think that governments are out to protect them when in reality the governments are there to control them and collect a vig from every person in each country.  It gives them power and money, all the while allowing the politicians to control everyone else.

The government is not there to help.

[Twinkledoe]

.. Why people are comfortable investing in government controlled investments ...

I think it is because they are naive and think that governments are out to protect them when in reality the governments are there to control them and collect a vig from every person in each country.  It gives them power and money, all the while allowing the politicians to control everyone else.

The government is not there to help.

You can't blame them because the assurance that their funds will not disappear overnight is there. So for those that don't want high risk investment, they opt to this route. They are confident that their funds are safe, even if it is controlled by the government. They are comfortable as they already know this market. However, if they are introduced with a new one, like crypto market, you will always expect some hesitations from them, because it is like uncharted territory and they are not familiar with the market.

[tiCeR]

.. Why people are comfortable investing in government controlled investments ...

I think it is because they are naive and think that governments are out to protect them when in reality the governments are there to control them and collect a vig from every person in each country.  It gives them power and money, all the while allowing the politicians to control everyone else.

The government is not there to help.

You can't blame them because the assurance that their funds will not disappear overnight is there. So for those that don't want high risk investment, they opt to this route. They are confident that their funds are safe, even if it is controlled by the government. They are comfortable as they already know this market. However, if they are introduced with a new one, like crypto market, you will always expect some hesitations from them, because it is like uncharted territory and they are not familiar with the market.

This totally depends on the country you are living in. There have been a couple of surprises in the past when it comes to government backed securities or bonds. I know that Greece is not the best example because it was quite well known they were in dire straits, but that is one example for a government to go bankrupt. Often times people think that governments cannot go bankrupt because they could just print money. That is not the case for any government that is part of a union anyway, and for the other governments they'll go full speed into hyperinflation (Venezuela). 

[clint25n]

maybe it's just more for the security and security of the business which is directly controlled by the government, therefore they prefer businesses that are controlled by the government, such as the supervision from the OJK which is always under the control of the government, that's why they are more twisting the business than plunging into a business like crypto.because the business is less risky even with a small profit

[Questat]

In my opinion, government-controlled investing is safe from loss or loss, but there is a downside if we invest in fiat, the value only increases by 3-10% in 1 year, in contrast to bitcoin if it has gone up, you can get 100% profit or even more.
too many bitcoin weaknesses in my opinion, hacker threats, price drops, scams and much more

and it all depends on which trust is more comfortable in investing because everyone's views are different

Even it was controlled by the government the word safety from losing had no assurance to any form of investment. Maybe they are after that they are protected but not that they can't experience losses. And they are paying more taxes every year.

Volatility is one reason why many don't choose Bitcoin and they are afraid to lose their money instantly. That is why this kind of investment isn't for everyone but only those risk-takers and those who can afford to lose their money without regrets. But somehow we just mess up because the thing that we think is risky (Bitcoin) is more profitable than stocks and bonds.

[jossiel]

maybe it's just more for the security and security of the business which is directly controlled by the government, therefore they prefer businesses that are controlled by the government, such as the supervision from the OJK which is always under the control of the government, that's why they are more twisting the business than plunging into a business like crypto.because the business is less risky even with a small profit

There is security in government controlled investments and assets and that's why they're offering it to people that wants to be part of it. But the counterpart of it is that you get little from the money you invest.

But the government will get a bigger portion of the pie that you invest. They're working like the banks and they speak of security because they know that not all investors are educated investors.

[Prettyjing34]

Compared with cryptocurrencies, they believe in the government more and feel that the government is their support. If their investment is deceived, they believe that the government will help them, and the percentage of government financial system collapse is very small, but these can only be applied to some powerful ones Country, but if it is a small country, the government will not care about this kind of thing. Anyway, I still trust Bitcoin a little more.

[zanezane]

Compared with cryptocurrencies, they believe in the government more and feel that the government is their support. If their investment is deceived, they believe that the government will help them, and the percentage of government financial system collapse is very small, but these can only be applied to some powerful ones Country, but if it is a small country, the government will not care about this kind of thing. Anyway, I still trust Bitcoin a little more.

You are right, this depends on the scale and the trust of the public towards the government. I think that it's difficult for an established government that came from a peaceful time to suddenly collapse though.

[Anonylz]

There is nothing wrong in investing in government controlled investment provided you invested in the right sector and getting something good out of your investment,  before btc becomes a thing, this same government controlled investment has made several people billionaires in their own respective ways, it all depends on your understanding and where you choose to put your money, just like government controlled investment,  btc investment is not without flaws as well,  even though the space is not heavily controlled it hasn't stop people from losing money to scammers, you can't deny the fact that an unregulated space as this is not crawling with all manners of scammers,  at this point, this space is all about survival for the fittest and that's something some people are not willing to go through,  people are more interested in secured investment regardless if it is controlled or not.

[tiCeR]

There is nothing wrong in investing in government controlled investment provided you invested in the right sector and getting something good out of your investment,  before btc becomes a thing, this same government controlled investment has made several people billionaires in their own respective ways, it all depends on your understanding and where you choose to put your money, just like government controlled investment,  btc investment is not without flaws as well,  even though the space is not heavily controlled it hasn't stop people from losing money to scammers, you can't deny the fact that an unregulated space as this is not crawling with all manners of scammers,  at this point, this space is all about survival for the fittest and that's something some people are not willing to go through,  people are more interested in secured investment regardless if it is controlled or not.

Government controlled investments have made several people billionaires? I am not sure I have the slightest idea which type of government controlled investments you are talking about, but if you are talking about bonds, the only way to become a billionaire is if you put $990 million into a bond and wait at least 1.5 years or so. Other than that what do you understand under the term government controlled?

[Zilon]

You wouldn't blame the masses much because over the years government owned investment gave out huge ROI and had made many big players multimillionaires over the years so coming to invest in a decentralized system without government approval would possibly a  huge challenge in the cryto industry.

[Sirait]

You wouldn't blame the masses much because over the years government owned investment gave out huge ROI and had made many big players multimillionaires over the years so coming to invest in a decentralized system without government approval would possibly a  huge challenge in the cryto industry.

In addition to high ROI, the government also promises very small risks as long as investors believe in them. but that's how the government controls the finances of those who invest in them. The government deliberately shows a fake sense of security and comfort so that people do not want to invest in other assets, especially crypto.

[philipma1957]

There is nothing wrong in investing in government controlled investment provided you invested in the right sector and getting something good out of your investment,  before btc becomes a thing, this same government controlled investment has made several people billionaires in their own respective ways, it all depends on your understanding and where you choose to put your money, just like government controlled investment,  btc investment is not without flaws as well,  even though the space is not heavily controlled it hasn't stop people from losing money to scammers, you can't deny the fact that an unregulated space as this is not crawling with all manners of scammers,  at this point, this space is all about survival for the fittest and that's something some people are not willing to go through,  people are more interested in secured investment regardless if it is controlled or not.

Many people do not understand why they are should have funds in government insured investments.

Lets say you have 500000.

Depending on your age.

400k safe 100k risky age 65
300k safe 200k risky age 55
200k safe 300k risky age 45
100k safe 400k risky age 35
 50 k safe 450k risky age 25

so if you are in safe bonds right now you are losing 2% to inflation
which sucks but the money is there and you know it will be there.

so if my wife has a safe 401k with:400k and i have 100 k in crypto.

I have zero fear about the crypto.
also we are 64 and 65 so having a large safe number is more appropriate.

now at 25 or 30 government bonds look bad which is why an investor that is young will do much lower % in  a safe investment.

[randegibran]

For a business.controlled by the government, the.security will be tighter.and the risk.will tend.to be lighter.than for a business.that is.not controlled.by the government, but the profits.will be less because it.has a low risk.while a business.without a government escort.is at risk.is much larger, therefore.many people invest.more in.businesses controlled.by the government with less risk

[Fortify]

Just think about it a little. 

You know that whatever happens with your government controlled investment, you will have a safety net from that government. History has shown us how governments have bailed out Banks and/or injected millions or even Billions of tax payers money into economies to protect it.

You sound very naive and under-informed on how the world works. Governments should just be the centralized workings that keep a country running - making laws, organizing taxes to support vital services, maintaining emergency services, etc. They use a centrally pooled group of funds from various taxes to achieve those aims and should be able to do it much more efficiently (because of the larger scale) than smaller regional equivalents could provide. Money is just a store of value that can be traded for goods and services in countries that accept that currency. I don't know why you think Bitcoin, which has no government centralized support, would ever be eligible to receive any funds from any government. Would you suggest that people who invest in gold are somehow compensated when the price drops? The whole idea is absurd.

[erep]

Following the government to deposit money in banks will make the value of the currency will not increase and a little profit every year and not to mention if the country is experiencing high inflation, some people store it in gold and land assets but if they know bitcoin it will provide high profits.

[Woodie]

Probably people are afraid to ask questions and will go with anything thrown at them.

Afaik in reality there are always alternatives which offer better options but we still believe government  controlled investments are the best choice but this is far from being true. Our governments have painted this picture which has convinced many of us that we cant do without them but bitcoin is the answer to financial freedom

[tiCeR]

Probably people are afraid to ask questions and will go with anything thrown at them.

Afaik in reality there are always alternatives which offer better options but we still believe government  controlled investments are the best choice but this is far from being true. Our governments have painted this picture which has convinced many of us that we cant do without them but bitcoin is the answer to financial freedom

Yes but maybe they bet on the fact that nobody is going to ask a question? I mean Steve Wozniak alone could ask so many critical questions, but he doesn't. Does he not do it because he wants to not acknowledge all the things that happened without his input? Is that a personal issue?

[MFahad]

Compared with cryptocurrencies, they believe in the government more and feel that the government is their support. If their investment is deceived, they believe that the government will help them, and the percentage of government financial system collapse is very small, but these can only be applied to some powerful ones Country, but if it is a small country, the government will not care about this kind of thing. Anyway, I still trust Bitcoin a little more.

In reality it never happens. Governments often change the policy and no one can do anything about it.

Government deceive the people yet people still have confidence in them.

[geegaw]

Compared with cryptocurrencies, they believe in the government more and feel that the government is their support. If their investment is deceived, they believe that the government will help them, and the percentage of government financial system collapse is very small, but these can only be applied to some powerful ones Country, but if it is a small country, the government will not care about this kind of thing. Anyway, I still trust Bitcoin a little more.

In reality it never happens. Governments often change the policy and no one can do anything about it.

Government deceive the people yet people still have confidence in them.

The government can change the policies, even deceive the majority of the people but the businesses and the people cannot put pressure on this system when the sky they live in is under the strictness of the government, sometimes truth and falsehood are mixed formulas in life, people sometimes also don't adapt to investments from the government but the common slogan in this relationship is still economy and safety. The government may not contribute much and take advantage of us but they are responsible for safety and we are in charge of making money to share with them

[blockman]

those who feel comfortable investing in government-controlled investments because these investments are monitored and legalized by the government, if there is a problem that can harm investors, there will be a person in charge from the government, maybe from there they judge that government-managed investments are very good.
But there is a good side if we invest in Bitcoin, namely we can get very large profits from Bitcoin if there is a very fast price increase or a very high price increase.

There is no trust issue if the investments are coming from the government approved agencies or if it's supported by the government. And in that  case, there's no need to worry upon investing with those typical investments. As for bitcoin, it is not a government backed investment but the returns are greater than those. While people have a lot of choices but to invest to investments that they prefer including bitcoin, there's no government that will help them with its price because it is decentralized.

[Liamttw]

They believe that government-controlled investments are safe and reliable, the government can provide security for funds. Bitcoin is an emerging digital currency. It is decentralized, not subject to government supervision and control, and its price fluctuates greatly, which poses great risks. Some countries are still suppressing Bitcoin and the government prohibits its use, so those who don’t understand will be afraid of Bitcoin, and they will choose government investment.

[clint25n]

Yes, everyone may prefer something that looks more real, such as a business controlled by the government in particular, because the business has a lower level of risk even though the profit earned is less than the capital they invest in an investment, I think so. that's why people are more interested in getting into business controlled by the government

[Caldear]

The decentralized nature of Bitcoin is not subject to government supervision and restriction. It also has market fluctuations and unstable prices. Investing in Bitcoin to obtain high profits will inevitably bear risks.
They believe that government-controlled investment is relatively stable, safe and reliable. When there is investment risk, the government will also bear it.

[amintet83]

 Investing in government assets are mainly driven by the mentally of investors which is associated with old generations  or as they are called as" boomers". I think the situation has changed a lot with the current millennial generation who doesn't like the idea of centralization that's why millennials created decentralized finance

[leea-1334]

Investing in government assets are mainly driven by the mentally of investors which is associated with old generations  or as they are called as" boomers". I think the situation has changed a lot with the current millennial generation who doesn't like the idea of centralization that's why millennials created decentralized finance

I think you will find out that it was also Boomers who created much of the technology and infrastructure behind "decentralized finance". And if you are talking about defi,,, a lot of it is created by centralized corporates. The real defi is still the people working behind Bitcoin.

Millennials only know how to follow, in general. Just take the example of crypto investors and speculators on Twitter to understand.

[KennyR]

When something is backed by the government, automatically it gains the trust of people. Investments are always risk involved, at times firms shut and move without any settlement to the investors. If this is backed up by the government, the firms can't simply run away. This is why common people feel comfortable investing on government controlled investments.

[CryptoStar19]

As far as authorities go, governments are the big dogs and so investment backed by them is perceived to be safer than others.

[AicecreaME]

There are several reasons why people still choose to invest on government-controlled investments. Here are the things I have thought of:

1. They are not aware about cryptocurrency and other investment platforms.
2. They are aware about cryptocurrency, but don't have much time to study it or they just don't believe or trust how it works.
3. Government-controlled investments offer greater returns over time compared to what they know of, and they are settled to that amount already.


You see, a lot of people are still aren't aware about cryptocurrency. Some people don't just like to pay attention to it, hence, they are clueless about it. There are also some people that are actually aware about crypto, but it was instilled to them in a bad light. Many rumors and gossips such as schemes and scams made people afraid of risking to it. Hence, the majority just opt to invest on government-controlled investments because from the name itself, "government-controlled", it gives them assurance that their money is in the safe hands. Whatever happens, government will be held liable on their money. Maybe that thought makes them sleep very well at night.

In addition, government-controlled investments offer highee returns compared to other investment vehicles. Here in our country, there is a thing called PAG-IBIG, wherein you can save and invest your money for long-term and it offers high return compared to saving in traditional or digital banks. This kind of investment is enticing for the people, most especially to the non-techy ones because they can have the most out of their money without exerting too much effort at all.

[Bitstar_coin]

A regulated place and an unregulated place are not comparable, generally, many people have the perception that whatever happening online is not to be trusted, and from the way things are happening with online related activities (scam,hacks and similar stuffs) it is enough to make some people scared. The crypto space which fall under the category of online activities is not very secured, anyone can loss money so easily, this is the major reason why many people will find it difficult to invest here but rather invest in a more secured environment which is the government controlled investment.

[swiftbits]

The government has a secure system to give you profit; economic funds circulate with them, so it's no doubt that it is reliable.
Money flows seamlessly through them, probably one of the reasons why corruption is prevailing. We have different government systems, some citizens have no control over the policies, but some can refute the unfair management. There's a wide variety of choices out there, but based on my knowledge and on my place, investing a huge amount is still preferred as it offers more benefits.

[ninkdwi]

actually very simple because basically the people who invest that are controlled by the government there are some very difficult reasons to stop it.
the first is that basically government-controlled investments must have rules, one of which cannot be taken within a certain period of time so that if they take it but have not reached the set time, the investment will be subject to a fine
besides that they still haven't fully accepted the investment that is here so they are more comfortable there because it's more scalable and planned and definitely gets a profit even though it's very small and can't be compared to investing in crypto

[speedy963]

The problem about humans ever since the world began(lol, I sang. ) is that even when they know that what they are doing is morally wrong, they disregard their morals just to satisfy their own greed. And as we can see, even after all these years humans still remain the same. While some may be able to suppress their own greed and act more responsible, it doesn't mean they are already doing everything based on morals alone because not everything that is good can be aligned with morals. Now the same goes with how the governments interact with the crypto industry and other industries. And depending on the main leader, anything can be possible. Either way, too late or not, who can decide and how to know when is too late?

[jossiel]

Investing in government assets are mainly driven by the mentally of investors which is associated with old generations  or as they are called as" boomers". I think the situation has changed a lot with the current millennial generation who doesn't like the idea of centralization that's why millennials created decentralized finance

For the millennials, they're more okay with risk taking and they will enter every risky market as much as they can as long as it's a legitimate market.

And that's why many from the bitcoin community are young investors ranging to young adults because they understand the technology and concept that bitcoin has.

I agree about the old generation, they're more open with the traditional assets and investments than the newer ones.

[agg2702]

I think this is normal.
This is because people think that the government is just relying on it. If something goes wrong, the government can be approached, and the government will not run away with money. If you invest in other places, the risk is higher.

this is very likely to happen besides that those who invest in government are usually the older generation at that time they may still not be familiar with investing here, besides that there may be some other reasons that they cannot leave government-controlled investments, such as a certain time limit. and maybe they are comfortable there and don't want to change their minds besides that because there are several countries that still prohibit this crypto, especially in bitcoin

[Rehan Zakir]

As far as authorities go, governments are the big dogs and so investment backed by them is perceived to be safer than others.

And the major reason is that government is responsible for investment. Because government is backed by these investment plans. So, investors feels safer to invest in government based projects. So, invest in government based projects. Crypto currency is not backed by any world government. It is a decentralized currency and there is no one who controls this currency. So, invest at your own risk on this currency.

[sisikin]

People will always trust the government. They think the government will give them protection.
Of course this is the government of some big countries. The governments of some small countries have no rights, and even if they have guarantees, people will not invest in government-controlled assets.

[rikybrosh]

Government is professional. People who work in government institutions are smart and mostly superior than ordinary people. Actually government only want to protect their citizens. But some government sometimes has bad ideology related some regulations. But the main intention is to make their citizens live in good environment although sometimes their way is fals. It is normal because they are only human. Trust is an important thing, if government fail to give their investors profit then those investors maybe will not invest in it anymore. So it is important to make sure that investors always get profit. They will not apply the same thing with btc because it will not benefits them.