Why people are comfortable investing in government controlled investments

[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.