Why people are comfortable investing in government controlled investments

[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.