TribalBob
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July 05, 2021, 01:13:26 PM |
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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
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ChiBitCTy
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July 05, 2021, 04:02:00 PM |
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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.
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tygeade
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July 05, 2021, 07:46:19 PM |
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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.
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dimonstration
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July 05, 2021, 07:57:54 PM |
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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.
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stomachgrowls
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July 05, 2021, 09:43:02 PM |
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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.
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ARTURVH
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July 06, 2021, 02:44:21 AM |
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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.
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Shasha80
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July 06, 2021, 04:11:19 AM |
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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.
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John Jefferson
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July 06, 2021, 05:59:24 AM |
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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.
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Rehan Zakir
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July 06, 2021, 07:47:33 AM |
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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
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tiCeR
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July 06, 2021, 08:30:42 AM |
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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.
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jinneas
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July 09, 2021, 01:12:56 AM |
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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.
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Robinson66
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July 09, 2021, 10:10:23 AM |
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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.
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cr1776
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July 09, 2021, 02:12:41 PM |
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.. 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.
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Twinkledoe
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July 09, 2021, 02:20:13 PM |
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.. 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.
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tiCeR
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July 09, 2021, 02:42:48 PM |
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.. 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).
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clint25n
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July 09, 2021, 08:20:30 PM |
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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
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Questat
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July 09, 2021, 08:36:11 PM |
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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.
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jossiel
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July 09, 2021, 10:09:46 PM |
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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.
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Prettyjing34
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July 10, 2021, 09:37:22 AM |
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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.
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zanezane
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July 10, 2021, 09:39:40 AM |
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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.
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