Trading should be supported by goverment

[325btc]

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

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[mk4]

There can be a fine line between trading and mere gambling when it comes to how most people do it would be really dumb to provide some sort of special insurance; probably outside of bankruptcy declaration if you're trading under a business entity/company.

[jackg]

Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.

This feels like you're explaining paper trading or demo accounts but expecting them to give you any profits you make and forgive any losses - this sounds like a bad idea, especially when the $1k/month can pay for things more important.

[Dillonhebist]

I don't think it a good idea for government to support trading.

 Reasons are;
1. It will promote more scam because the fund is untraceable
2.it wil promote hardship to the poor individuals
3. Promote rubbing
4. It will be difficult for our aged parents to adjust to the development of trading.

[SirLancelot]

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.

Trading is literally a peer-to-peer exchange. It means, when one trader is profiting then on the another end, someone must be losing. Because, the money you are profiting from trading is not coming out of the heaven but from some other traders' capital. If government decides to reward you for your profit then that prize money will come from where? (Appreciating individual's performance is not government's duty in any country).

Similarly, if your trades are insured then insurance company will go bankrupted over the time because every day someone will be losing and they cannot sustain with such a business model (You must study about the common business model of insurance companies, then you will skip such a questions).

[goaldigger]

Trading is not a way to make money easily, it takes a lot of time and sacrifices and the government discourage everyone to get evolve because of its risk.

Government will never get involve to trading because there’s no much money here for them and if there’s an insurance like this I wonder how much is the fees for that. The government can only regulate the exchanges, but they can’t totally control the trader so for me, this thing is not possible to happen.

[Charles-Tim]

Trading should be supported by goverment

Trading is supported all over the world, especially forex trading, also governments in a country that placed an implicit ban or that support cryptocurrencies still allow their citizens to trade cryptocurrencies.

Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.

Is the government your broker or exchange that you are using for trading? What the government can look more into is how they can effective tax your crypto earning.

[Charles-Tim]

No no i mean goverment will support traders with money not taxes how can you pay taxes of casino ?

Probably you are still not getting me correctly, I completely understood you clearly. Even if the government want to support, it can not be in gambling, trading and other high risk means of earning. To be realistic, what the government are moving more towards is how to collect tax, not how to give allowance to traders that lose so they can lose more.

You do not need any allowance, if you understand how to trade, following the trading rules and be patient, you will at least make some profit. If you have tried to trade with little amount of money and you keep on losing, there is nothing bad to just hold, rather than depending on government on what they can not offer you.

[Raymond Gary]

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

If you said trading should be supported by Government,
The Question here is
Who will bear the lose?.
Who will gain the profit?,
and what category of traders are talking about, proffitional , average or newbies?.
 That means any trader can wake up and ask government to support him ,so what if he or she wipes the entire account who's going to bear Such lose Governments?

 I guess if this should be done there has to be a category of traders not all traders because Government is also out there for a business , meaning before going ahead and supporting it's citizenry in this Area, there should be a set of standard to be met for such empowerment and support.

[Husires]

There is a difference between support and regulation, many of the policies in the stock market are regulatory policies, but government support for this type will eventually lead to failure.
Risk is what makes profits, and therefore zero risk means zero profit (or a ratio closer to zero)

The government intervenes in stock exchanges in regions for reasons such as:

• During economic turmoil intervention reverses a sudden and rapid downtrend.
• Stop trading when the price drops by more than 15% to protect the investors' money.
• Efficient Markets Hypothesis and Lucas Critique.

You can read more here https://sc.edu/about/offices_and_divisions/research/news_and_pubs/caravel/archive/2015/2015-caravel-stock-market.php

[passwordnow]

Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.

You're already being taken care of the facilities and other programs that they have. But with this quote from yours? Are you trying to tell that people can spend money and lose them in trading and have a guarantee that the government will have them back? That's funny, no government will do that. If people want to trade, they should trade. Actually, in most of the businesses, trading is already happening. And that's what the government encourages to do.

[Erumo]

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

What you are trying to say, that government must protect you from making mistakes during trading with your own money, and they must cover your loss by their funds. This is single-side proposal. If you want government to support you, then how you will support or help government? Dont name taxes, as you are already getting some benefits from paying them. You want their support, be ready to share profit. Will you agree to do that?

[CaVO32]

Trading is not a way to make money easily, it takes a lot of time and sacrifices and the government discourage everyone to get evolve because of its risk.

Government will never get involve to trading because there’s no much money here for them and if there’s an insurance like this I wonder how much is the fees for that. The government can only regulate the exchanges, but they can’t totally control the trader so for me, this thing is not possible to happen.

What the OP is asking is not possible in actual scenario. As others have already posted their questions, in the end, government can't support losses if they have insurance because that means, they will also be getting that from its people especially from the working class. So do you think that's fair? It is not. If the government will support any activity, it should be for the benefit of its people, in general, not only the selected few who wants to gain something for themselves. This trading endeavor is for people who want to take the risk and they should use their own funds on this matter.

[Mahanton]

Trading is not a way to make money easily, it takes a lot of time and sacrifices and the government discourage everyone to get evolve because of its risk.

Government will never get involve to trading because there’s no much money here for them and if there’s an insurance like this I wonder how much is the fees for that. The government can only regulate the exchanges, but they can’t totally control the trader so for me, this thing is not possible to happen.

What the OP is asking is not possible in actual scenario. As others have already posted their questions, in the end, government can't support losses if they have insurance because that means, they will also be getting that from its people especially from the working class. So do you think that's fair? It is not. If the government will support any activity, it should be for the benefit of its people, in general, not only the selected few who wants to gain something for themselves. This trading endeavor is for people who want to take the risk and they should use their own funds on this matter.

I dont know on where they do get that logic on having that kind of support considering that traders arent taxpayers? Plus having not paying on some insurances if they do really want some insurance but the question is,
is there insurance that would really be covering traders? They arent out of their minds on having those offering considering that this is prone to losses and having that playing safe isnt something that could fit out
into this industry which simply means that it couldnt be that possible and government arent fools on taking such step. For what for?

[palle11]

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

You have to know government don't like cryptocurrency and they won't like trading either. They see cryptocurrency as a frivolous venture that isn't built on any solid ground and that is why they try to ban it. They have called it bubble, they don't see anything realistic out of it and they won't support that kind of agenda. But you also brought in a funny part to it, you want government to take the losses while the trader takes the profit, this is impossible. No mentor will be cool with losses because you will be unserious if you only have business with profit. Government is business and they allowing you all the profit, they don't have gain.

[sheenshane]

Yes if goverment support and i make profit can pay to them if i lose i dont lose my money or just some money goverment will bail me out

So it means, it's a win-win situation on your side, isn't it?
I don't think so, the government when it comes to financial matters always cares that people should pay tax and if their profit belongs to the minimum taxable income. Another factor is, they don't support any form of gambling and trading maybe belong to that.

It's one-sided and it's in favor of you, the government will not accept this proposal of yours as we all know government always cares about taxes not how people benefit from the government.

[cabron]

Yes if goverment support and i make profit can pay to them if i lose i dont lose my money or just some money goverment will bail me out

That's too good. The amount of collateral to guarantee the government you will profit to pay them will really be high. I don't think its even possible.

Allowances seem too much to think that you own the account and no one is forcing someone to trade currencies, it's a risky business that some funds managers kill themselves after losing money from their clients. Traders in FOREX suffer the loss on thier own despite the regulations they have. Trading cryptocurrencies will also be treated the same way. The government will see no reason but will discourage individuals instead of pursuing risky careers like crypto trading.

[GreatArkansas]

First, there are some governments who really strict with cryptocurrencies, so at first, if there will be any cryptocurrency-related, even trading or non-trading related, expect that they will be strict and for sure they have regulation about it.
So, about government will support trading, it's kinda impossible to be available for everyone as trading requires learning and dedication, it's not a difficult job, some are trading for a living so for sure the government will not risk money here.

[Kelvinid]

I don't think it a good idea for government to support trading.

 Reasons are;
1. It will promote more scam because the fund is untraceable
2.it wil promote hardship to the poor individuals
3. Promote rubbing
4. It will be difficult for our aged parents to adjust to the development of trading.

I don't think so. I'm not seeing these are the reason why the government never supports trading because, in the first place, they don't support crypto. They are poorly seeing crypto trading as a good opportunity for their people to grow or gain profit but seeing this thing gives them losses. Honestly, they'll think negatively. We can't demand their support as well for the reason that they don't like it.

We neither expect their support unless the time has come that cryptocurrency becomes legal and accepted globally as this will change their mind the way they look at it today.

[Oceat]

I'm having trouble to cope up with the free part as if you were their workers or you work for them. If that's how trading works, what's the point of being a professional trader if everytime you lose, you kinda like feel carefree when in fact losing is not a good idea. And why would the government try to help almost everyone who wants to be a trader?

So do you think trading is like gambling that's why you don't trust your skills?

[goinmerry]

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

The current trading system is fine. No need for the involvement of the government support by any means be it on stock, currency or crypto-trading.

What you need to do is to improved your trading skills. The market volatility won't adjust for anyone but rather, we have to adjust on it. If we don't consider trading seriously, we will really end up being wrecked.

Trading is a challenge. Not an easy-money scheme.

[CapGelatik]

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

The current trading system is fine. No need for the involvement of the government support by any means be it on stock, currency or crypto-trading.

What you need to do is to improved your trading skills. The market volatility won't adjust for anyone but rather, we have to adjust on it. If we don't consider trading seriously, we will really end up being wrecked.

Trading is a challenge. Not an easy-money scheme.

I agree with you because we know for ourselves that the trading system has no serious problems so there is no need for support from the government,
In this case, I think it is better for the government to play a role in making clear regulations,
Trading is very complex plus the market is volatile, so if you want to be successful as traders, like it or not, we have to improve our skills

[Potato Chips]

If they were to support ppl's endeavours, it wouldn't be on something as fragile as trading and something they are hostile about like cryptocurrencies (most countries are). In additon, even scholars and promising athletes aren't guaranteed of financial support if they keep on failing... I doubt it's gonna be any different for anything else. In fact compensating ppl's losses would just make it easier for them to fool around.

[tygeade]

Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

Lol. How many hours you took to name your idea? Many appreciation for your revolutionary concept and for coming up with a name for the same . If governments are taking care of winners of trading then who will be taking care of the losers? I guess you must need to come up with another allowance scheme for losers as well .

If I am making profit from trading then I will be getting rewards from government then there will be double benefit for me and if I will be losing then that time also I will be getting allowance from government. Then no one will need to look for any other job but just getting into crypto trading will make their life easier and over the time all traders could become millionaires. Many thanks again for this once in century kind of suggestion .

[Sebas.tian]

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

You mean government should support crypto traders by giving them loan or free money whenever they lose in their investment? It will be difficult for government to render such support to crypto traders because they prefer to support centralized traders with all they have than supporting decentralized traders  that have nothing to pay to government as form of taxes to the government account.even though the government want to support decentralized traders on social activities that will help them to make a reasonable income at the end of the market which government will like to have an agreement with such traders before rendering such support to them in the country.

[joeperry]

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

And what would the government get from giving support to traders? Even if you said that the government can get % from the traders I don't think the government will waste fund for funding traders which doesn't have an assurance that will earn profit from each every trade and I don't think insurance companies are interested too to insure traders. If you are afraid to lose in trading then don't consider investing in trading.

[ethereumhunter]

Governments support trading, but it will depend on each government when it comes to crypto trading. There are still countries that have not provided support for crypto. If, in your country, your government support crypto, then you can use it freely and you can earn money from crypto.

What reward or insurance system do you mean? If that means the government will compensate for your lost funds in trading, I don't think they will give it or cover your loss because if you choose to trade, that is your choice and you have to know how to manage your money.

[Hypnosis00]

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

They will probably supports us if we allow them to control and manipulate the market. But since we don't, having their support was impossible to happen. We have to know the reality that the government wants nothing aside from being in charge of the crypto market where they can do whatever they want. But the good thing is that we're not and it remains free from their hands until the market remains decentralized.

We need not their support for trading, but we need for them to understand us and allow people to do whatever they want with their crypto for as long as it was for legal purposes.

[Marykeller]

Government can't encourage you to trade. The government of the day wouldn't want to be blamed for her citizen's losses in trading. They would rather play safe by telling you that you're trading on your perils, so they won't be held custody for your failures tomorrow.
No one wants to be blamed for his or her friend's losses, talk more of a government that cares about her citizen's welfare

[palle11]

All what i mean by that is to create system for us to not work its energy and resources efficent if 10% people of population only do the real work.
Others can be investors and traders.
Its a perfect way how the world should be

To this I think you can say that the government should not not try to stop hodling and trading of coins but not talking about supporting it and refunding lost money lol, government won't have to support that because that will mean government to support failure. To my best, I think government can train people in artisan but not in crypto trading.

[Findingnemo]

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

It has to be supported by them but not really going to care about the people's funds if they got hacked but they have a reason to regulate it since it can be one of the good revenue sector in the future. Even now most people are doing cryptocurrency trading as part time job but many afraid because its still unregulated by many government so less trading activities and less tax reporting.

[Silberman]

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

I disagree completely with the idea, you are proposing that the money that is collected through taxes and by printing money, causing inflation all over the economy, to be given to a bunch of people that lost their money in the markets? Unless there was no other social problem to attend to you may have a point, but when in most countries around the world there are huge social issues then it is better that such money goes to the people that actually needed it, after all a basic premise of trading is to do so with money you can afford to lose, so those traders should be able to afford those losses even if they were painful.

[stepwilli]

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

They did already. If the government of a country accepts crypto then trading is already covered with it or every other activity relating to crypto. Also, there are trading exchanges that offer insurances or they can return some portion of your funds (if not all) if ever the exchanges were hacked or something bad happens that is out of your control.

It is not the government's responsibility but they already did their part by the time they legalized cryptocurrencies. I don't get your last sentence. Does it mean that governments are going to give you money or allowance? or is that the only amount that a trader must trade to get covered by insurance? if ever they will provide it.

[Johnyz]

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

They did already. If the government of a country accepts crypto then trading is already covered with it or every other activity relating to crypto. Also, there are trading exchanges that offer insurances or they can return some portion of your funds (if not all) if ever the exchanges were hacked or something bad happens that is out of your control.

It is not the government's responsibility but they already did their part by the time they legalized cryptocurrencies. I don't get your last sentence. Does it mean that governments are going to give you money or allowance? or is that the only amount that a trader must trade to get covered by insurance? if ever they will provide it.

We discover this crypyocurrency for the purpose of decentralization and away from the government control and I wonder why there’s a need for them to support trading, while you can trade easily without even thinking about your government, and beside why there’s a need for the allowance from government?

They should support cryptocurrency and decentralization, this is the new trend now and give people the freedom to choose on which currency he will use, this is way better.

[crzy]

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

Trading is not mandatory and only for those who are willing to risk, and its too impossible for the government to give allowance to every trader because they will get nothing here and what’s the point of giving an allowance?

Trading cryptocurrency is already supported by many countries by giving the exchanges an access to their own people. As long as its not illegal in your country I believe that’s already the support of your government indirectly.

[redsun114]

So, if there is a reward or type of insurance like you have said, that whenever traders loses money, that they are not the one who lose, then who is losing the money? So, are you trying to say that the government should be bearing the losses for traders, is that what you’re trying to say?

In case you do not know, forex trading is not an illegal thing in most countries around the world, people are free to trade whatever stock they want or even crypto currency these days, but you shouldn’t be expecting anyone to bear the losses for you, whatever risk you are taking is fully from your pocket. That is why you always get warned before you start that there are risks involved in trading of whatsoever.

[Natalim]

People will do trading as they love it, not because they saw support from the government. If ever the government will encourage us to do trading, not because they support and provide us capital, they'll somehow know that crypto trading is worth to risk and profitable. But unfortunately, they never encourage us, they always reminding as the risk and even said that they don't take responsibility for whatever happens to us traders. That's the point that they don't and of course, we don't like them to touch us nor manipulate us.

[Scripture]

Giving money to the people just to trade is not a real support though, that’s spoon feeding and those trader will surely lose the money because its not their own money beside this is impossible to happen, government will not give any free money.

Let’s just hope for the government to support cryptocurrency as a whole and wont stop us from trading despite of the risk. We should not depend to anyone, trade at your own risk and trade only your extra money.

[Taskford]

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

Nope there's nothing like this will exist since this could make a business creator lose their money since for sure many people will end up losing knowing trading is not totally a win game to everyone. That's why I guess we need to be settle on what law they give to us, for sure the only thing they impose is taxation and not the on you think right now.

[Mahanton]

People will do trading as they love it, not because they saw support from the government. If ever the government will encourage us to do trading, not because they support and provide us capital, they'll somehow know that crypto trading is worth to risk and profitable. But unfortunately, they never encourage us, they always reminding as the risk and even said that they don't take responsibility for whatever happens to us traders. That's the point that they don't and of course, we don't like them to touch us nor manipulate us.

They wont really be supporting on something which is totally decentralized even though platforms been used are centralized but still they would be looking those people who are engage with crypto would be totally opposite on overall centalization and also on what would be the benefits that they could get if they would provide such support? Knowing that you could simply hid off your overall profits without even
being traced up which means that they wouldnt be gaining nothing so why would they do such thing on the first place?

[DoublerHunter]

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

^ If that is related to stocks which are centralized assets it could be supported by the government but that is crypto trading which is BTC itself is decentralized and even the government can not collect tax with it or it can not be benefited and it could be the reason that the government won't support this crypto trading. I don't know what is the mean by the OP here if Op loses it means the government will cover that loss? I don't think so if there is someone willing to do that, it is your risk to join and you know that in the first place.

[24Kt]

People will do trading as they love it, not because they saw support from the government. If ever the government will encourage us to do trading, not because they support and provide us capital, they'll somehow know that crypto trading is worth to risk and profitable. But unfortunately, they never encourage us, they always reminding as the risk and even said that they don't take responsibility for whatever happens to us traders. That's the point that they don't and of course, we don't like them to touch us nor manipulate us.

They wont really be supporting on something which is totally decentralized even though platforms been used are centralized but still they would be looking those people who are engage with crypto would be totally opposite on overall centalization and also on what would be the benefits that they could get if they would provide such support? Knowing that you could simply hid off your overall profits without even
being traced up which means that they wouldnt be gaining nothing so why would they do such thing on the first place?

They won't support this kind of activity as there are many loopholes that they may end up losing rather than gaining. Also, how would they know about the capability of the trader who would want to request for a support. This kind of endeavor is not for government consumption but this falls on personal endeavor. I don't think it is fair also that the government will carry the burden of your losses, by using other people's taxes.

[GiftedMAN]

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have a business account then even more support

I believe traders will be encouraged and motivated if the government supports them by raising funds to assist them in their trade. The government can set up an organization like a traders organization to help bring the traders together thereby helping them with trading capital.
This will bring more people, especially those that know how to trade very well. The government may decide to give out loans without collateral to traders with low-interest rates because most traders will feel reluctant or lazy if the government give out money without an interest.

[traderethereum]

All what i mean by that is to create system for us to not work its energy and resources efficent if 10% people of population only do the real work.
Others can be investors and traders.
Its a perfect way how the world should be

I think it has started happening now that when the pandemic hit and made many people lose their jobs, they started trying to develop their creative ideas through the internet.
Indirectly, some people have started using trading to make money.
This year is the year of moving from traditional to digital ways and has attracted many people to start trying.
Many people have well try to use the trade itself and it seems the government is giving support to the people.
Government regulations may be subject to change if more people join in and use trading to make money.

[Inspiron14]

All what i mean by that is to create system for us to not work its energy and resources efficent if 10% people of population only do the real work.
Others can be investors and traders.
Its a perfect way how the world should be

I think it has started happening now that when the pandemic hit and made many people lose their jobs, they started trying to develop their creative ideas through the internet.
Indirectly, some people have started using trading to make money.
This year is the year of moving from traditional to digital ways and has attracted many people to start trying.
Many people have well try to use the trade itself and it seems the government is giving support to the people.
Government regulations may be subject to change if more people join in and use trading to make money.

Trading is indeed a good thing to increase income and the profits we get by trading can also be large,
but all of that of course must be supported by good knowledge and skills because we know that trading is very risky,
and in this case I think the government has a role in making regulations and I hope the regulations made can really make it easier for traders

[bitgolden]

If they were to support ppl's endeavours, it wouldn't be on something as fragile as trading and something they are hostile about like cryptocurrencies (most countries are). In additon, even scholars and promising athletes aren't guaranteed of financial support if they keep on failing... I doubt it's gonna be any different for anything else. In fact compensating ppl's losses would just make it easier for them to fool around.

You are right about that, most people see trading on cryptocurrency and things like this as a way for them to just get rich quick. And there are lots of new traders who are very careless about trading, most of them don’t even take out their time to study and get knowledge about how it works, and how to create their own strategy that they would be using for that trade, rather they would just jump in and start trading while they have no knowledge at all. This as a result leads them to lose lots of money at the end.

So, imagine that the government is to bear those losses for them, then it is going to be a regular loss for the government and they would be losing lots of money. So, anyone who is not careful about their trading, even after that they have been warned about it that there are risks involved, then they should bear the losses and consequences of whatever actions they decide to take.

[Tellek Garing]

I don't think it a good idea for government to support trading.

 Reasons are;
1. It will promote more scam because the fund is untraceable
2.it wil promote hardship to the poor individuals
3. Promote rubbing
4. It will be difficult for our aged parents to adjust to the development of trading.

Well, it depends on the kind of trading if you are trading in cryptocurrency that's the only aspect where government law has not covered and this is because the government sees crypto trading as a highly risky trade that can lead to instant bankruptcy.

But trading in approved commodities is approved by the government and that is why we have a stock market, forest trading, and the rest of the exchanges we have in the centralized financial system

[Ararbermas]

Do you mean you want them to give us an opportunity to make money with trading even win or lose?

I think its very impossible to happen, because obviously they can't get benefits from it and as the matter of fact most of the government are not a crypto friendly because of common reason that until now they still not agree on cryptocurrency. So how is that possible to happen?

Maybe they will support us trading with stocks but there's no way they will fund us to trade because it didn't make sense.

[AicecreaME]

This is not gonna happen, trust me.

Governments all over the world are full of corrupt politicians who are only interested in their own benefits. They can't even support their citizens on agriculture, can't even end poverty, can't even help to fight climate change, there's no hope for them. Politicians will only help people for a while if the election is near, after that, citizens will go back to their everyday routine which is to survive on their own while the politicians who promised to help them are stealing their taxes.

So yeah, it is impossible, especially when we're talking about cryptocurrency that most of the Governments for sure want to control it but sadly they can't.

[Questat]

All what i mean by that is to create system for us to not work its energy and resources efficent if 10% people of population only do the real work.
Others can be investors and traders.
Its a perfect way how the world should be

I think it has started happening now that when the pandemic hit and made many people lose their jobs, they started trying to develop their creative ideas through the internet.
Indirectly, some people have started using trading to make money.
This year is the year of moving from traditional to digital ways and has attracted many people to start trying.
Many people have well try to use the trade itself and it seems the government is giving support to the people.
Government regulations may be subject to change if more people join in and use trading to make money.

And that Government Regulations give no help, traders don't like seeing the government will take control of the market. If the government will push it through, everything will change as it is surely we gonna be pay taxes, manipulate the price, and so even our profit. I'm not sure if this it looks great and gives interest but this likely it gives the reason for the traders to leave.
We have seen many become a trader as the pandemic hits because they don't have other option to earn income, not because the government shows it.

[ufaiz50]

Getting the government involved in tiding will surely inflict corruptions, unfair taxes rate, and a lot more complications in the market. I agree with most of the users here that this idea is really absurd and would cause more negative than of benefit to the traders. And that insurance is not really a feasible thing because it would just lead to bankruptcy of the insurance company, and people being buried to their debts and other obligations.

[lixer]

Governments support trading, but it will depend on each government when it comes to crypto trading. There are still countries that have not provided support for crypto. If, in your country, your government support crypto, then you can use it freely and you can earn money from crypto.

What reward or insurance system do you mean? If that means the government will compensate for your lost funds in trading, I don't think they will give it or cover your loss because if you choose to trade, that is your choice and you have to know how to manage your money.

The gray zone countries are fine, they do not put too much regulations by making it legal, but they do not outright say that it is illegal neither. I believe that we should not be shocked about the fact that crypto has been a bit in the gray zone because it is something the world has never seen before.

Nowadays we are hearing nations making decisions obviously, but that doesn't change the fact that there are still some nations who are taking it a bit slow. The ones that made it legal, like you could trade and all without a problem but at the end of the day you would be required to pay a hefty sum of tax as well, so not sure if that's better or worse.

[Cling18]

People will do trading as they love it, not because they saw support from the government. If ever the government will encourage us to do trading, not because they support and provide us capital, they'll somehow know that crypto trading is worth to risk and profitable. But unfortunately, they never encourage us, they always reminding as the risk and even said that they don't take responsibility for whatever happens to us traders. That's the point that they don't and of course, we don't like them to touch us nor manipulate us.

The government wouldn't support crypto trading. They don't like decentralization because they couldn't control and manipulate it. They only see it as a treat so it's impossible to get support from them. It's also a good thing because if they would back up crypto trading, people might only see it as a shortcut to success without being mindful of its risks.

[Tellek Garing]

Am finding it hard to comprehend the part you mentioned insurance as if that is not enough I also see where you mentioned mandatory, well to me trading has nothing to do with the two offer mentioned world, trading is just a business and once you have the necessary trading skills you will easily gian, but in time of lose no body will reward you because a trader is not under any insurance cover.

If trading is ok for you, go ahead and keep trading but if a trader always lose that shows that trader lack the required skills for profits making.

[FanEagle]

Just removing the high taxes would have been fine. However, you have to realize that all of the governments of the world are out of money right now. Between the pandemic, the elections, the horrible inflations, the lack of workers, the war right now, oil wars and all of that combined, governments are doing horrible.

It means that there is absolutely nothing wrong with the current situation. Obviously, governments will get as much taxes from people as they possible can. If you do 100% taxes on profits, obviously it wouldn't work, so there is a correct number where you can get the most taxes and they will keep on doing that.

[JayTrain]

no state will do this, for one simple reason, many people, not understanding the risk of losing their savings in trading, will blame the state and there will be a lot of disputes on this score, these are big risks for any state.

[Odusko]

no state will do this, for one simple reason, many people, not understanding the risk of losing their savings in trading, will blame the state and there will be a lot of disputes on this score, these are big risks for any state.

Exactly and if the government support trading some forks will abuse the system by becoming addicted since they know even if the profits or losses during trading the government will give out the reward, this is the most absurd statement I have heard for a while now. No government will ever do that rather their will create restrictions around trading.

[suzanne5223]

Before you could think of the government supporting cryptocurrency, you also have to put the government stance towards crypto into consideration and if it happens that the government of a certain country supported crypto trading, the provision of an insurance system is something that I don't see happening from the government end because the risky involve in crypto trading is always stated clearly.

[Fatunad]

Before you could think of the government supporting cryptocurrency, you also have to put the government stance towards crypto into consideration and if it happens that the government of a certain country supported crypto trading, the provision of an insurance system is something that I don't see happening from the government end because the risky involve in crypto trading is always stated clearly.

Considering that there were no insurance companies or businesses  that do get involved with trading aspect then you could really say that it is really excluded of their options yet it is true
that risk on losing money is high and no dumb owners or businessmen would consider out on diving on such industry.How much more for government to do so?
They wouldnt really be that too dumb on supporting into something which they dont accept nor legalize on the first place.

[so98nn]

That’s not good for government treasurer. This will blow up the whole ecosystem of trading and also Government funds. I’m not sure how this can be meaningful for the trader or even government to do this. Trading is completely based on the individual perspective, they are free to do it and stake the money based on how companies and businesses are doing in the market. Well, shares money actually goes into development of their businesses so no wonder this bounce back to you again what we call as profits! Not sure what Government has got to do anything with this one.

[teosanru]

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

Haha why would any government in the world support traders with these subsidies? Trading is a 100% loss activity for beginners which means all the beginners are always going to lose some money when they start. If the government starts giving them incentives in the times they lose, the government will have to pay huge sums out of taxpayers' money. Moreover, if you are assured that you are going to recover the lost money from the government you on your own won't take the thing seriously. Government can support traders who are trading in real life helping in bridging the geographic gap between manufacturers and retailers but it makes no sense for government to support retailers sitting in front of their screens to press buy and sell buttons.

[adzino]

Trading should be supported by goverment

What trading are you talking about? I don't think there are any government where they banned any sort of trading.

Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.

Lol, what? Then there is no risk and only profit. Everyone would be trading and the price would keep on increasing. Doesn't make sense at all.

Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

Once again doesn't make sense. You want to trade with money that you receive for free. Meaning no risk at all.

[wxa7115]

no state will do this, for one simple reason, many people, not understanding the risk of losing their savings in trading, will blame the state and there will be a lot of disputes on this score, these are big risks for any state.

Besides it is impossible for this to happen, in fact in most countries there are restrictions to the type and number of markets you can access, and unless you prove yourself to be an accredited investor then you will never be able to access those markets.

And if we are honest even if we as citizens do not like to be restricted in our freedoms it is easy to see the reasons behind this decision made by the governments, if we take a look at this market we can see that now the main interest of newbies is not on solid coins like bitcoin, and instead they are interested in NFT, metaverse coins and meme coins, which are not exactly known for giving sustained profits over a long period of time and instead they are incredibly risky investments, and yet a lot of people take that risk every day, justifying the decision of the government to restrict the access to the markets as most people are not ready for them.

[famososMuertos]

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade....//...::

Really!

The real thing is to force these companies to have a fund in case of hacks, bankruptcy, etc. Binance already has something similar, that is the point here, if you are going to do KYC that the government offers you a legislation that obliges these companies (exchanges) to protect the funds of its users, but it is worth asking yourself, do you have an idea of how banks cover deposits in case of financial emergencies... you would be surprised to know.

[Sled]

The government won't waste its time and money on an uncontrollable market like crypto. And neither to think that traders want it to, in fact, we know that trading gives us no assurance, and I believe that the government won't shoulder anything for this. If we know the government allows us to make a trade and legalized this, I think that was enough as to expect their back-ups, that seems impossible. I really don't think it.

The government will never take responsibility and that is what we know. They gave support to the banks but not in crypto.

[zidanw]

It looks like you are afraid to lose money in trading and imaging things to be in favor of you? Why would the government fund you in your trading? Government will not grant you something unless you have a collateral the least you can do is take a loan from them? Why would they support and grant you allowance for your trading it is like government is funding you to gamble.

[AakZaki]

your money is your own responsibility. Your trade is your own trade, it has nothing to do with the government that has to provide insurance or guarantees if you lose on a trade. If the loss is your own problem and do not expect money back, because consciously you have made a trade.
The government only provides regulations for trade, not to provide insurance.

[suzanne5223]

Before you could think of the government supporting cryptocurrency, you also have to put the government stance towards crypto into consideration and if it happens that the government of a certain country supported crypto trading, the provision of an insurance system is something that I don't see happening from the government end because the risky involve in crypto trading is always stated clearly.

Considering that there were no insurance companies or businesses  that do get involved with trading aspect then you could really say that it is really excluded of their options yet it is true
that risk on losing money is high and no dumb owners or businessmen would consider out on diving on such industry.How much more for government to do so?
They wouldnt really be that too dumb on supporting into something which they dont accept nor legalize on the first place.

You get my point and is this same risk is the reason why some people consider crypto trading to be gambling because every forecast and decision doesn't guarantee a good result until you see the outcome of the trading. Besides, stats show that 95% of crypto traders make losses while 80% later quit.
If the government hasn't provided adequate insurance for real-life settings that they fully understand why would they do it for cryptocurrency that 95% of them is yet to understand its concept.

[Zilon]

If such allowances exist we will have less traders and more gamblers and secondly the regulations around crypto exchanges will even get more tighter. Traders should be responsible for their funds and how the source them so that in that way they will spend time doing proper analysis and also be willing to learn from lost trades knowing what it took them to fund their accounts

[Renampun]

If get support from the government? then it's not necessarily good...

I mean, trading is a personal activity that is carried out consciously and without coercion. Even now, trading cannot be said to be a stable job. the government is only needed to be the supervisor of the trading platform, not to be a supervisor or supporter of the person who trades. imagine how much the government would have to pay if they were fully responsible for traders' activities.

[FanEagle]

The government won't waste its time and money on an uncontrollable market like crypto. And neither to think that traders want it to, in fact, we know that trading gives us no assurance, and I believe that the government won't shoulder anything for this. If we know the government allows us to make a trade and legalized this, I think that was enough as to expect their back-ups, that seems impossible. I really don't think it.

The government will never take responsibility and that is what we know. They gave support to the banks but not in crypto.

Your government and mine could be very different. My country once banned wikipedia, which we all know is not really bannable since we can use it with VPN very easily without a problem. However, they banned wikipedia, can you see how idiotic that is?

This is why I am sure that our government could always try to ban something, or meddle with it, or whatever, there is nothing wrong with that in the sense that they can do whatever they want and we won't be able to stop them, if you ask me all the governments in the world are filled with idiotic corrupted bad people, not just one nation or the other, ALL of the governments of the world.

[Captain Corporate]

 I definitely agree. Governmnets do look like a bit of a backwards because mainly its filled with old people. Look around the world and "most" leaders are over 60 years old. Of course there are some exceptions but most of them are, in fact most of them are closer or over 70 then 60. Sure some people like Macron or Justin could be under by a clear margin, but I meant most, not all. So those old people do not get it, they barely got used to smart phone era, let alone try to figure out what is crypto and how it should be approached. Which leaves us with one thing, they either will be advised by someone who is against crypto, and that would be bad, or be advised by someone supporting it and be great for us.

[kawetsriyanto]

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

If a thing is gonna be like this, the government will really also control cryptocurrencies, will also control our crypto activities. they will ask for the taxes. And when we need insurance for our trading, we must also pay for insurance. And this will be complex, there will be many regulations about this.
And personally, I will not expect this kind of regulation. Trading is at our own risk. When people are deciding to trade, we are deciding to accept the risks also, if we won't the risks, never do trading because trading is also risky.
It is like in the traditional trades in the traditional markets, if they are losing and not getting profits, will they get some insurance from the government? I don't think so, except that they exactly pay for the insurance itself and this may be from certain companies or services.

In my country itself, cryptocurrency is legal as a commodity asset, for trading or investment, both for short and long-term investment, but under our own risks. that is why government always notices that we are doing trading the coins that have good fundamentals, not hype or shitcoins that will lead us to gamble, not trading. We are expected to be more careful because trading is very risky, once we are trading, we have been aware that we should also take the risks.

[gamer4156]

That is to say, when one merchant is benefitting then on the another end, somebody should lose. Since, the cash you are benefitting from exchanging isn't emerging from the paradise however from another dealers' capital. I can't help thinking about how much is the expenses for that. The public authority can direct the trades, however they can't absolutely control the dealer so as far as I might be concerned, this thing is unimaginable to expect to occur.

[palle11]

 I definitely agree. Governmnets do look like a bit of a backwards because mainly its filled with old people. Look around the world and "most" leaders are over 60 years old. Of course there are some exceptions but most of them are, in fact most of them are closer or over 70 then 60. Sure some people like Macron or Justin could be under by a clear margin, but I meant most, not all. So those old people do not get it, they barely got used to smart phone era, let alone try to figure out what is crypto and how it should be approached. Which leaves us with one thing, they either will be advised by someone who is against crypto, and that would be bad, or be advised by someone supporting it and be great for us.

I think yes with your analysis of old people in government as leaders apart from Macron the French president, the most are 60 and above and so they have ideas of a little backward not same with youths idea. For example the smart phones are more in use by the young people and technologies too. The numbers of cryptocurrency traders is very much high in youths and the government promising to provide jobs but no reality on that yet they ban cryptocurrency investment or trading.

[Anguwa]

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

I don't believe that all governments can support trading, particularly cryptocurrency trading, because some governments have yet to accept cryptocurrency in their nations, let alone provide their own trading support.
If they decide to give out cash for trading, some traders would waste the money, and Others will use it as well. As a result, I don't believe the government will support or provide funds for trading.

[Eternad]

I think yes with your analysis of old people in government as leaders apart from Macron the French president, the most are 60 and above and so they have ideas of a little backward not same with youths idea. For example the smart phones are more in use by the young people and technologies too. The numbers of cryptocurrency traders is very much high in youths and the government promising to provide jobs but no reality on that yet they ban cryptocurrency investment or trading.

Governments should take consideration the idea of the young one’s especially when it comes in technology. The understanding of the old official governments were based on books and experience that requires more time to study. However the young are more into a simple yet efficient way of using technology that can benefit in their job. What the government see is the scammers and problems reported online but not the benefit that can also be contributed in their people if only they will consider it.

[justdimin]

If a thing is gonna be like this, the government will really also control cryptocurrencies, will also control our crypto activities. they will ask for the taxes. And when we need insurance for our trading, we must also pay for insurance. And this will be complex, there will be many regulations about this.
And personally, I will not expect this kind of regulation. Trading is at our own risk. When people are deciding to trade, we are deciding to accept the risks also, if we won't the risks, never do trading because trading is also risky.
It is like in the traditional trades in the traditional markets, if they are losing and not getting profits, will they get some insurance from the government? I don't think so, except that they exactly pay for the insurance itself and this may be from certain companies or services.

Of course there won't be a regulation like this. There is nothing like this in anywhere around the crypto world, nor is there in the finance world. The only possibility of this would be crypto getting into banks, and then banks getting saved from bankrupting, that's it.

Why would governments pay traders to trade? Like why? That makes no sense at all, regulations like these costs tax payers money, government doesn't have its own money, they take taxes from you and me and that is how they make their profit. This is why I believe that we are in a situation where things are dangerous and we need to stay away from it as much as we can.

[Silberman]

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

Trading is not mandatory and only for those who are willing to risk, and its too impossible for the government to give allowance to every trader because they will get nothing here and what’s the point of giving an allowance?

Trading cryptocurrency is already supported by many countries by giving the exchanges an access to their own people. As long as its not illegal in your country I believe that’s already the support of your government indirectly.

Yes it a mandatory

A very strong assertion, could you show us then the law that mandates people to trade against their will? Because I am sure that a lot of people would like to see it, but in all seriousness I doubt there is a single country around the world with a law anywhere close to what you state, so with that being said then trading is optional, and since it is optional and people decide to undertake the activity anyway then they are completely responsible for the losses and profits they get out of the markets and as such no support needs to be given by the government.