The government of my country always blame Bitcoin for their failure.

[Natalim]

Blaming is not a new issue especially if they don't really know about Bitcoin and much more about its nature. Perhaps, they are wrong because it was not the fault of Bitcoin as it does nothing with your country but this blame must send to your government which is undoubtedly accountable for this. They are the ones who manage this investment and if they fail to negotiate the price and become panic, losses will be their ends.
They can't just simply throw their blames on crypto, they need to question themselves first.

[Finestream]

1.   Fraud and money laundering
2.   terrorism financing/ ransom collection by kidnappers

Did bitcoin come first or did these social evils come first? Before bitcoin didn't exist, criminals used fiat so was the government blame with fiat before? We have never heard of that.

4.   depreciation of national currency value.

It is probably the most brazen thing I have ever heard, how bitcoin could devalue the currency of a nation. They are exaggerating bitcoin or they have no one left to blame their mismanagement for inflation and now they are looking for someone to take responsibility for their stupid mistakes. Ridiculous.

This is really unfair for bitcoin as bitcoin does not exist to make other currency fall. That’s an absurd thinking. The value of country’s currency drops because people today do not find it useful  anymore especially that inflation continues to surge high. Most likely, they find bitcoin more interesting and aside from the fact that you can have your full control on it, it’s also a good outlet not to be highly affected with the current inflation.

[AmoreJaz]

Blaming is not a new issue especially if they don't really know about Bitcoin and much more about its nature. Perhaps, they are wrong because it was not the fault of Bitcoin as it does nothing with your country but this blame must send to your government which is undoubtedly accountable for this. They are the ones who manage this investment and if they fail to negotiate the price and become panic, losses will be their ends.
They can't just simply throw their blames on crypto, they need to question themselves first.

ignorance is usually the cause of this misleading perception towards bitcoin. but for crypto users who know the true nature of bitcoin, they know that bitcoin should not be blamed. but a lot are still not well-informed in this market, hence, they are believing what their government is telling them. educate the people and the misconception will gone.

[kawetsriyanto]

actually this is the reason that is often published by the government about their negative value with bitcoin.and in fact they are happy with the high tax revenue from bitcoin and crypto transactions imposed by the government, and assumptions like that are just an opinion to increase the popularity of a company.

Indeed. Those are the common reasons for the government to judge the negativity on Bitcoin or crypto as a whole. But the funny thing is that they enjoy the high taxes from crypto and Bitcoin. Sure, what the government do is to grab the taxes from crypto and bitcoin as much as possible. Blaming and judging the negativity of Bitcoin/crypto is just a trick from the government to rob money from bitcoin/crypto users.

institutions for political purposes in my personal opinion, while the points above are corrupt and naughty rich people, will look for loopholes for it not only in bitcoin in general in any valuable asset

Yep, they did it for political purposes.
In reality, Bitcoin or crypto never leads people to corruption. It is just bad behavior from some people in government institutions, or it is caused by a poor system used by the government. So, actually, it is nothing to do with Bitcoin/crypto.

[Issa56]

1.   Fraud and money laundering
2.   terrorism financing/ ransom collection by kidnappers
3.   tax evasion and
4.   depreciation of national currency value.

I get annoyed whenever I see government giving reasons like this, do they think we don't know what we are doing, I know they are not in support of cryptocurrency because it won't favor them, but I think if they are trying to paint bitcoin black they should look for valid reason and not all this cheap reasons they are giving. I always think maybe fiat currency is not always used for those illegal activities, even before bitcoin was created, all those illegal activities where don and they make use of fiat currency, so why making people think that cryptocurrency is used for illegal activities and fiat is a not used for all of those activities, I think they should come up with other reasons and those once are not valid, because all those illegal activities fiat currency is also used for it.

[Darker45]

This might be indicative of (1) how your government failed in building a robust economy, (2) how it failed to trace where it went wrong, (3) how it failed in crafting and implementing relevant policies, and (4) how it it failed in appreciating Bitcoin.

Finger pointing is normally an indication of incompetence and irresponsibility. And making Bitcoin as a sort of a scapegoat won't actually help them. If at all, it will only make the situation worse. If they cannot admit and correct where they went wrong, the problem remains unsolved and Bitcoin would remain as a better alternative. People would further embrace Bitcoin.

[Tony116]

1.   Fraud and money laundering
2.   terrorism financing/ ransom collection by kidnappers
3.   tax evasion and
4.   depreciation of national currency value.

I get annoyed whenever I see government giving reasons like this, do they think we don't know what we are doing, I know they are not in support of cryptocurrency because it won't favor them, but I think if they are trying to paint bitcoin black they should look for valid reason and not all this cheap reasons they are giving. I always think maybe fiat currency is not always used for those illegal activities, even before bitcoin was created, all those illegal activities where don and they make use of fiat currency, so why making people think that cryptocurrency is used for illegal activities and fiat is a not used for all of those activities, I think they should come up with other reasons and those once are not valid, because all those illegal activities fiat currency is also used for it.

As far as I am concerned, they know what they're talking about. They know everything about bitcoin, but they are unable to come up with a better reason to blame it on bitcoin and crypto.

It is a fact that these evils still occur without Bitcoin, and those who are responsible for managing the country cannot completely solve this problem. Blame is always the perfect way for governments to redirect public opinion.

[Bobrox]

Trough your government country still ability used bitcoin as investment assets for trading or investing and you can access to all exchange market I don't think have to worry about your government still blame with bitcoin. I think this important key with bitcoin still as legal currency transaction for trading and investing looks better than your government blame and banned bitcoin as investment assets. Slowly when bitcoin have been popular in your country I think have change view by government and they will allow bitcoin as legal currency transaction later. Just need time and how keep build with positive impact from bitcoin as worth investment assets and when have many people get much profit from bitcoin, actually your government will change negative become positive view about bitcoin.

[Leviathan.007]

That's not just about your country and that's not only about bitcoin, most of the governments in the world always blame everyone and everything for their mistakes otherwise they have to accept their mistakes and say sorry for them, even in my country there is the same situation, and the million dollar question to ask from these governments is what about the time before bitcoin and cryptocurrencies, what the reason for their failures and they have nothing to say. they blame and attack to bitcoin and bitcoiners because they are scared of it.

[dark1234]

That's not just about your country and that's not only about bitcoin, most of the governments in the world always blame everyone and everything for their mistakes otherwise they have to accept their mistakes and say sorry for them, even in my country there is the same situation, and the million dollar question to ask from these governments is what about the time before bitcoin and cryptocurrencies, what the reason for their failures and they have nothing to say. they blame and attack to bitcoin and bitcoiners because they are scared of it.

hes right....
Isn't tax avoidance, fraud, money laundering and other reasons, still exist and are carried out by corruptors, rogue officials and companies, before bitcoin appeared and were used in a country why after bitcoin appeared they cornered bitcoin as a scapegoat, I think they are looking for the reason for their inability to eradicate corruption, tax, and terrorist problems, so publishing the issue of bitcoin as one of the causes

[Hamphser]

That's not just about your country and that's not only about bitcoin, most of the governments in the world always blame everyone and everything for their mistakes otherwise they have to accept their mistakes and say sorry for them, even in my country there is the same situation, and the million dollar question to ask from these governments is what about the time before bitcoin and cryptocurrencies, what the reason for their failures and they have nothing to say. they blame and attack to bitcoin and bitcoiners because they are scared of it.

Everything could really be blamed if they wanted to and whatever they've been able to look upon on which they would really make themselves to look clean and out from issues and other non pleasant things which

it would really be a common behavior for them to have.Blaming out something even its their mistakes and those are just common alibis to be thrown out to bitcoin without even realizing that these issues

had been long time existing on this world and they are just trying out to make it look bad into those people who dont have full knowledge about bitcoin and this is really just
not that appealing to look at because they are being mislead out of those words.

[Oceat]

You know they have all the right to do that in order to protect their citizens from fraud and scams since it has been reported that some people are using it as a getaway for those reasons. We can't blame them for that though this type of reasons/reaction usually bring negative effect of the cryptocurrency since those bad guys are using it not for good. Although, fiat had this kind of problem too that's why they should be fair with their decision too but I guess the government doesn't have time to do their research or they just want to protect their ideas.

[Baofeng]

That's not just about your country and that's not only about bitcoin, most of the governments in the world always blame everyone and everything for their mistakes otherwise they have to accept their mistakes and say sorry for them, even in my country there is the same situation, and the million dollar question to ask from these governments is what about the time before bitcoin and cryptocurrencies, what the reason for their failures and they have nothing to say. they blame and attack to bitcoin and bitcoiners because they are scared of it.

True, the thing is that bitcoin is really on the forefront of every country right now, it's in the discussions and we can see that even world financial governing bodies has something to say with it.

But then again, we have heard this excuses on why they would ban bitcoin for good. And the only one that is going to hurt is the people of those countries who find bitcoin very advantageous like giving them financial freedom. And then suddenly their government will shut it down and put the blame on it because of their incompetency and ineptness.

[_BlackStar]

It is not only the government in your country, it is the government all over the world. The government blames bitcoin for all her crimes. The corrupt and wicked politicians are the masterminders of fraud and money laundering and they blame it on Bitcoin, as if there was no fraud or money laundering before bitcoin was invented.

I can help you get a unique example of how bad the government's attitude is towards bitcoin.
Bitcoin is a medium that people can use to trade, pay and transact from wallet to wallet. Bitcoin can be abused, but that's not the concept it was created for. Governments should be able to blame much deadlier guns or bombs, but they always blame the owners or abuser rather than the media used. They shouldn't fail to understand that, so they don't just blame bitcoin for being abused by certain users.

[bhooscream]

In fact, what they do so far actually much worse. They deal with corruption, money laundering even before Bitcoin exists, crimes, nepotism, and other things that are negatively influencing the country. However, if they don't like Bitcoin, they will always hate and blame Bitcoin for whatever happened in the country. Spreading the negative sides of Bitcoin all over the ocuntry, make FUD and cosndier that Bitcoin is very dangerous. This is also spread on the media in whcih media can relaly infleunce citizen in the country very well. That is politic.
In fact, Bitcoin really save the peole life in the country,much better than only what thegovenrment can talk without any solution

[TribalBob]

1.   Fraud and money laundering
2.   terrorism financing/ ransom collection by kidnappers
3.   tax evasion and
4.   depreciation of national currency value.

this is always used as a reason for rejecting bitcoin in a country, tired of discussing this actually,
point 4 actually bitcoin has no effect at all with the value of the national currency, I don't know from which point of view the government can say that

[goldkingcoiner]

When depraved criminal lunatics like politicians need to shift the blame for something that they themselves caused, its only natural for them to point the finger at anything which is popular and easily blame-able.

Smart people will aways be able to see through the politicians and bankers lies because they know the truth. And the truth is that Bitcoin is not something bad, or something which is corrupted. Bitcoin is the ultimate freedom.

If the people of your country only took payment in Bitcoin and refused to pay taxes, then your corrupt politicians would start panicking very fast. Of course they would try to force everyone to pay up by force. Like throwing people in jail or even shooting them.

[lalabotax]

Often, governments don't want to be blamed for what happens in their country. Instead they will make more defense. And the reason because of Bitcoin, this is a reason that makes less sense.
How can they make it seem like Bitcoin is the only thing that has the most impact on the country? Isn't it that many of its citizens are helped because of Bitcoin? Is it appropriate for the governments to act to spread FUD about Bitcoin without balancing the positive side?
And because of this, it is possible that more and more citizens have no respect for the government.

[Myleschetty]

It might be true that Bitcoin can be misused or abused by some individuals or organization which might affect the economy, but portraying Bitcoin  as one of the major cause of the country’s economic woes is untrue.

This may happen in Bitcoin and it also happens in fiat currency but the blockchain makes it easy to verify and track the individual that did it (if no privacy service is used just like how Bitfinex suspected hacker was tracked down ). This cant is achieved in fiat currency and that's the reason why a lot of political leaders can freely steal the nation's funds.

[boris singer]

4 Problems that are always used as a benchmark for people who don't like bitcoin
We've heard about this a lot and I've even seen a few times people dislike bitcoin for reasons like this.
Fraud and money laundering, terrorism financing/ransom collection by kidnappers, tax evasion and depreciation of national currency value did they not think of anything other than this? because indeed from several years I have known bitcoin they only talk about this continuously even though they themselves already know some reasonable answers about problems like this.