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Author Topic: Be aware that the government and the haters envies your progress on BTC  (Read 338 times)
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June 01, 2024, 04:35:53 PM
 #21


you are too anonymous to be envied actually. suppose there is anyone really going to be envied by someone because they dislike BTC. In that case, they might be targeting people who are more popular than us users here in the forum, like Michael Saylor. or some other OGs that turned youtube influencers.

i think they already have 1 such as Roger Ver. although that guy has serious addiction to forking BTC, he definitely has success in doing it.




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June 01, 2024, 05:43:33 PM
 #22

I don't really care about anything my neighbors say or opinions conflict with my stance on bitcoin including the government. Of course the government asks us (investors or traders) to be careful in choosing investments, but so far my country's government has never banned it. They expect to profit from taxing crypto transactions on licensed exchanges in my country, so the legality is clear.

In fact, we are responsible for ourselves. Anyone besides you probably doesn't want you to be better off than them financially, but if they discourage you from investing in assets that don't require approval or permission, ignore them.

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June 01, 2024, 07:22:34 PM
 #23

Not all government that hate BTC op, I believe you can see or hear some government that understood BTC and made it legal tender in their countries, can you say such government hate BTC? no. 

El Salvador, first country that made BTC legal tender and their people are making progress because they use to invest in BTC when there is a bear run and hodl till the price of the market change for their wish before they can sell to accumulate profits.

But those governments that refused to study to know more about BTC, are the government that hate BTC and it will be difficult for their people to use BTC to make progress in their countries.


El Salvador is an exceptional case with clear vision in their mind and a better future for their people but other leaders are not visionary as majority of them wants to milk all the money out of their people in the name of tax and also wants their people to stay struggling and you can take Nigerian and Indian government as an example of how they want to supress their people and wants to control everything. Not all government are crypto friendly there are only few.









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June 01, 2024, 08:23:04 PM
 #24

El Salvador is an exceptional case with clear vision in their mind and a better future for their people but other leaders are not visionary as majority of them wants to milk all the money out of their people in the name of tax and also wants their people to stay struggling and you can take Nigerian and Indian government as an example of how they want to supress their people and wants to control everything. Not all government are crypto friendly there are only few.
Those who are not friendly with crypto are not yet aware that crypto will be a way out of various kinds of crises and inflation that continue to occur.
As in Nigeria which needs more good economic development and free from extreme inflation that occurs.

But if they shut themselves down and just want to oppose bitcoin, they will lag behind other developing countries.

El Salvador is an example of a country that makes more profits with Bitcoin and could build their own bitcoin mines.

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June 01, 2024, 09:35:53 PM
 #25

El Salvador is an exceptional case with clear vision in their mind and a better future for their people but other leaders are not visionary as majority of them wants to milk all the money out of their people in the name of tax and also wants their people to stay struggling and you can take Nigerian and Indian government as an example of how they want to supress their people and wants to control everything. Not all government are crypto friendly there are only few.
Those who are not friendly with crypto are not yet aware that crypto will be a way out of various kinds of crises and inflation that continue to occur.
As in Nigeria which needs more good economic development and free from extreme inflation that occurs.

But if they shut themselves down and just want to oppose bitcoin, they will lag behind other developing countries.

El Salvador is an example of a country that makes more profits with Bitcoin and could build their own bitcoin mines.
This is the corrupt countries can’t see, they only see Bitcoin as a threat without them making any research about it. May countries are already making profit with Bitcoin taxes and I can’t see any big reason not to accept Bitcoin especially if you want to let your people handle their own finances. I believe banks are working so hard to prevent this from happening, as if they can’t afford to compete with Bitcoin because its decentralized.

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June 05, 2024, 10:39:43 AM
 #26

El Salvador is an exceptional case with clear vision in their mind and a better future for their people but other leaders are not visionary as majority of them wants to milk all the money out of their people in the name of tax and also wants their people to stay struggling and you can take Nigerian and Indian government as an example of how they want to supress their people and wants to control everything. Not all government are crypto friendly there are only few.
Those who are not friendly with crypto are not yet aware that crypto will be a way out of various kinds of crises and inflation that continue to occur.
As in Nigeria which needs more good economic development and free from extreme inflation that occurs.

But if they shut themselves down and just want to oppose bitcoin, they will lag behind other developing countries.

El Salvador is an example of a country that makes more profits with Bitcoin and could build their own bitcoin mines.
This is the corrupt countries can’t see, they only see Bitcoin as a threat without them making any research about it. May countries are already making profit with Bitcoin taxes and I can’t see any big reason not to accept Bitcoin especially if you want to let your people handle their own finances. I believe banks are working so hard to prevent this from happening, as if they can’t afford to compete with Bitcoin because its decentralized.

We can just imagine how long the Centralized financial system has existed but yet the regulatory authorities couldn't instigate on enhancing the system with a more convenience advancement and just of recent the development of the decentralized system was introduced it becomes a ton of threat to the government.
That's likely to say that there had been a lot been hidden under the Centralized policy.
Now they feel panics on the note that individuals can now govern their funds on a decentralized technology which is just more convince for everyone adopting the technological system.

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June 05, 2024, 10:44:27 AM
 #27

El Salvador is an exceptional case with clear vision in their mind and a better future for their people but other leaders are not visionary as majority of them wants to milk all the money out of their people in the name of tax and also wants their people to stay struggling and you can take Nigerian and Indian government as an example of how they want to supress their people and wants to control everything. Not all government are crypto friendly there are only few.
Those who are not friendly with crypto are not yet aware that crypto will be a way out of various kinds of crises and inflation that continue to occur.
As in Nigeria which needs more good economic development and free from extreme inflation that occurs.

But if they shut themselves down and just want to oppose bitcoin, they will lag behind other developing countries.

El Salvador is an example of a country that makes more profits with Bitcoin and could build their own bitcoin mines.
The government of Bukele made Bitcoin a legal tender so it make sense for them to build their own bitcoin mining farm, although not sure how big their surplus of electricity is or it should be regulated by the government and they should be the one to put the mining farm. Nevertheless it's a big effort for them, not just for their bitcoin holdings, but it might really bring out money from the government itself. Regarding some countries or government that envy us, it could be that their government is authoritative and doesn't want to have their population enjoy financial freedom, simply as that.

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June 05, 2024, 10:56:37 AM
 #28

We don't have to feels afraid with anti bitcoiners that always say bad about Bitcoin. They don't like Bitcoin and will be like that, no matters if Bitcoin becomes more popular than now. But they will regrets themselves not to join in Bitcoin like other people.

You don't have to listen to anyone who says bad about Bitcoin. We have our own way to decides what means for our lives and people can't do about it. If we use Bitcoin for our investment, there is nothing wrong if other people doesn't like Bitcoin because we can't hide our Bitcoin from them so they will not know if we are one of the Bitcoin investor.

We don't needs other people to starts Bitcoin investment while our government can apply their regulations to trying to control Bitcoin. But our government can not fully control our Bitcoin. That is why we must responsible with our Bitcoin and handle it with care so no people will knows about our Bitcoin.



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June 06, 2024, 03:11:18 AM
 #29

This is the corrupt countries can’t see, they only see Bitcoin as a threat without them making any research about it. May countries are already making profit with Bitcoin taxes and I can’t see any big reason not to accept Bitcoin especially if you want to let your people handle their own finances. I believe banks are working so hard to prevent this from happening, as if they can’t afford to compete with Bitcoin because its decentralized.
Yes, that's the reality now, a country with too many corruption cases will rule out support for bitcoin even they ban it for no good reason.
They argue that bitcoin does not fit into their economic system.

But luckily in my country of Indonesia, I can still innovate in bitcoin and other cryptos because it does implement commodity regulations and is completely unsupportive of full adoption as a means of payment.

I think that's enough, because each country has its own research and goals and about the imposition of taxes on crypto,
it's a must-do where the country will benefit a lot.



-snip-
Nevertheless it's a big effort for them, not just for their bitcoin holdings, but it might really bring out money from the government itself.
-snip-
El Salvador is actually making huge profits from bitcoin because they buy Bitcoin early very consistently even though many underestimates it,
and they build mining that makes more bitcoins.
Bukele became a fairly successful president with the adoption of bitcoin, and they continue to build to this day.

R


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June 06, 2024, 12:27:05 PM
 #30

as long as your government allows bitcoin trading, i don't think there is anything to be exaggerated about. but if your government is not pro bitcoin, for example bangladesh, it might be a problem when you are caught trading bitcoin and earning a lot of income from it, because as far as i know there is a law that regulates this and when you are caught trading bitcoin then you can be charged with a crime.

and for bitcoin ownership, i feel that it is better for us to be closed about it and not be too arrogant when we have a lot of assets. because we don't know what will happen to us when other people find out that we have bitcoin, so staying humble and closed is the best way to avoid problems.

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June 06, 2024, 05:59:15 PM
 #31

I don't really care about anything my neighbors say or opinions conflict with my stance on bitcoin including the government. Of course the government asks us (investors or traders) to be careful in choosing investments, but so far my country's government has never banned it. They expect to profit from taxing crypto transactions on licensed exchanges in my country, so the legality is clear.

In fact, we are responsible for ourselves. Anyone besides you probably doesn't want you to be better off than them financially, but if they discourage you from investing in assets that don't require approval or permission, ignore them.
As much as possible i would really be not making myself exposed that im dealing up with crypto overall whether into my own neighbors or on the government itself.  You would really be able to potentially be able to avoid some headache if you do really just that make yourself that silent on whatever you do in crypto space. We are that totally wary that government would really be always hating crypto. Even if we do see thaht our government here in our country would really be something that still in neutral or not totally banning crypto still but you cant really be able to assure yourself that you wont really be able to experience some issue later on.

It would be always best that you should really be working in silent. Trying out to achieve something on which we know that being successful on crypto isnt really something that easy.
On the moment that you have gained that much then it would really be better that you should really be shutting up our mouth. Taxation is something that we dont really like honestly.

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darewaller
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June 06, 2024, 08:50:03 PM
 #32

as long as your government allows bitcoin trading, i don't think there is anything to be exaggerated about. but if your government is not pro bitcoin, for example bangladesh, it might be a problem when you are caught trading bitcoin and earning a lot of income from it, because as far as i know there is a law that regulates this and when you are caught trading bitcoin then you can be charged with a crime.

and for bitcoin ownership, i feel that it is better for us to be closed about it and not be too arrogant when we have a lot of assets. because we don't know what will happen to us when other people find out that we have bitcoin, so staying humble and closed is the best way to avoid problems.
I feel like as long as there are exchanges which are legal, then we should definitely consider that as normal. Back in the day, about ten years ago or so, we had to use a company that was based in Malta to make our exchanges, and then money was forwarded from Malta to our bank account in our nation, that was the situation.

Today, there are over a dozen exchanges in my nation, and I am sure many more smaller ones as well. So all in all, exchanges being legal and even making commercials on your tv means that crypto is fine in your world, if it was in anyway risky then someone would have stopped those beforehand, but looking at how things are right now, I can say that it is not going to be an issue for most nations aside from just a few.



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Mate2237
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June 06, 2024, 10:11:56 PM
 #33

Government is fighting against everyone involved in bitcoin and they can arrest and persecute the users of the digital currency but the coin itself can't be persecuted because it is invisible. Right now Binance officer is in Nigerian jail because of cryptocurrency related stuff but they can't stop bitcoin because it is untouchable. If government can have the access to bitcoin omen, they would have stopped it since but they can't that only that can tell you that bitcoin is permanent in the digital currency and nobody can remove it again.

And aal what the government is doing right now is to fight against CeX and mixers. And the worst part the government will face is as they are fighting and stopping the p2p of CeX. And if they succeed and all the CeX finally stopped then the worst will come to play which the government can't fight with and that is the true nature of bitcoin P2p. I send you the funds and you transfer the coins to me simple.

.
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June 08, 2024, 06:09:55 AM
 #34

This is the corrupt countries can’t see, they only see Bitcoin as a threat without them making any research about it. May countries are already making profit with Bitcoin taxes and I can’t see any big reason not to accept Bitcoin especially if you want to let your people handle their own finances. I believe banks are working so hard to prevent this from happening, as if they can’t afford to compete with Bitcoin because its decentralized.
Yes, that's the reality now, a country with too many corruption cases will rule out support for bitcoin even they ban it for no good reason.
They argue that bitcoin does not fit into their economic system.

But luckily in my country of Indonesia, I can still innovate in bitcoin and other cryptos because it does implement commodity regulations and is completely unsupportive of full adoption as a means of payment.

I think that's enough, because each country has its own research and goals and about the imposition of taxes on crypto,
it's a must-do where the country will benefit a lot.
Not only now actually but even before, that is already the case that happens. I think things have became better now because the support for BTC have became wider. Corrupt people love money and they might actually accept BTC because they know that it gives them a profit but they may do it secretly because they are selfish. If a government is corrupt, we don't wish to pay for taxes because we know that they will only pocket it.

There are still people who like doing it no matter what because it makes them to maximize their earnings. El Salvador do also face a bad time, so they deserve their good times. Other countries are looking at it and think if they will also adopt BTC or not.

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June 10, 2024, 04:59:44 PM
 #35

I don't really care about anything my neighbors say or opinions conflict with my stance on bitcoin including the government. Of course the government asks us (investors or traders) to be careful in choosing investments, but so far my country's government has never banned it. They expect to profit from taxing crypto transactions on licensed exchanges in my country, so the legality is clear.

In fact, we are responsible for ourselves. Anyone besides you probably doesn't want you to be better off than them financially, but if they discourage you from investing in assets that don't require approval or permission, ignore them.
There’s nothing new with the government. They will always hate u if you continue to invest in decentralized assets, as anything that they can’t be controlled are definitely against the government. But we all know bitcoin has never aim to attack the government, everything are just pure speculations.

However, if bitcoin is the only key to create a more secured future, be it financially or mentally, then I don’t care about the what the government has to say. People need to be greedy at some point, and not just totally submissive to the head that is controlling. If it means investing in bitcoin is a form of greed, then I will be glad to follow my greediness.

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Lanatsa
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June 11, 2024, 08:32:11 PM
 #36

I don't really care about anything my neighbors say or opinions conflict with my stance on bitcoin including the government. Of course the government asks us (investors or traders) to be careful in choosing investments, but so far my country's government has never banned it. They expect to profit from taxing crypto transactions on licensed exchanges in my country, so the legality is clear.

In fact, we are responsible for ourselves. Anyone besides you probably doesn't want you to be better off than them financially, but if they discourage you from investing in assets that don't require approval or permission, ignore them.
There’s nothing new with the government. They will always hate u if you continue to invest in decentralized assets, as anything that they can’t be controlled are definitely against the government. But we all know bitcoin has never aim to attack the government, everything are just pure speculations.

However, if bitcoin is the only key to create a more secured future, be it financially or mentally, then I don’t care about the what the government has to say. People need to be greedy at some point, and not just totally submissive to the head that is controlling. If it means investing in bitcoin is a form of greed, then I will be glad to follow my greediness.
One of the main things on why Bitcoin did gain that much traction is that it could give out that kind of freedom and this what makes it special. There's no way that government would really be able to monitor you out on the things that you are really that dealing with specially in talks about money or cryptocurrency as a whole and thats the beauty of it. On the moment that you would be finding yourself dealing up with crypto
then you have freed yourself into those kind of centralization and control of government by using up those centralized platforms and services. This is why its not really that shocking that they will really be
trying out to get involved on anything which is related to it, Making up some warnings and would really be tending up on centralizing on everything but of course its not something that you could really be able to
stop but also there's no way that government could also stop people on making such involvement.

Better not to make yourself that having that kind of exposure if you are dealing up with crypto, not really just that tending to hide yourself from the government but also trying to hide up yourself
in other peoples awareness. We do know on whats the risks on this one.

R


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June 12, 2024, 07:19:07 AM
 #37

Bitcoin has come to stay, no matter what anybody or governments thinks about it, it can remain banned in some countries and some people can call it a scam, but it doesn't take anything away from the reality that it's a decentralized digital cash and a store of value for investment. I wouldn't bother myself if any people or government is envious about Bitcoin, so far it's not a criminal asset, and it's recognized as a digital cash that individuals, companies and a countries has adopted as a legal tender, it's only a matter of time before the adoption will reach every parts of the world. As for scam projects in cryptocurrency, we need to separate Bitcoin from altcoins.
The government are just worried about the fact that bitcoin totally removed any form of government interference in it's operation. Had it been that there was a way bitcoin made it possible for government to be involved when carrying out transactions, you won't see them talking down on bitcoin. Government can't be envious that we own bitcoin I don't think that's possible, if they want they can buy bitcoin for themselves more than what some individuals can buy. What the government tried to do was to just make every move possible so that people will loose interest in bitcoin, but it didn't work for them. They started their moves very late when people have already seen the wonders and power of bitcoin. Bitcoin is never a criminal asset, and it can never be because whatever fiat can do that's what bitcoin can do. The government are just aggrieved because their powers are limited when it comes to bitcoin unlike fiat system.

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June 12, 2024, 05:20:43 PM
 #38

The government are just worried about the fact that bitcoin totally removed any form of government interference in it's operation. Had it been that there was a way bitcoin made it possible for government to be involved when carrying out transactions, you won't see them talking down on bitcoin. Government can't be envious that we own bitcoin I don't think that's possible, if they want they can buy bitcoin for themselves more than what some individuals can buy. What the government tried to do was to just make every move possible so that people will loose interest in bitcoin, but it didn't work for them. They started their moves very late when people have already seen the wonders and power of bitcoin. Bitcoin is never a criminal asset, and it can never be because whatever fiat can do that's what bitcoin can do. The government are just aggrieved because their powers are limited when it comes to bitcoin unlike fiat system.
I feel like while that is definitely something that they would be worried about, I would say that it is not really as scary as many people think it could be. I get that it feels like a scary thing, but it is definitely not, and we should consider that as normal for sure.

I believe that the best thing to do right now would be just focusing on what we can do, if we can do fine then there are no problems at all. We should consider how to grow further, and that means we are going to just make it greater. I hope that people could see that governments are not trying to stop us at the moment, and that cold be a thing in the future, so we should get ready for a thing like this, and if we can do that then we are going to be doing fine for sure.

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