World Government and Crypto Restrictions

[Yanadia 1517]

As a public, honestly, I am a little wondering what this limitation is

Bitcoin Technology and Hyperblogger Blockchain, strictly speaking,

 "Offering the central bank an efficient tool to combat money laundering, manage remittances, fight cross-border terrorism and limit the gray economy."

 Because before Bitcoin, the government also questioned Internet technology with the same thing.  So in my opinion all is just a denial of fear because of the decentralization system on Bitcoin.

[Benjamin 84]

Some of the countries are not allowing this cryptocurrency because they are knowing this crypto are giving us a negative impact and also used it in a bad way, i hope that they will see the positive impact of it to know that this is not giving harmful to people.

[Sapdrx 469]

I guess that the governments cannot control crypto and therefore are afraid. They cannot tax what's not in their countries. For a fact I know that several governments are currently working on digital currencies that can be taxed and can be used as an alternative beside the current crypto.

[Ali_hmwi 966]

Hello friend.

After all the countriew will support cryptocurrency soon or later then you will see the bitcoin on the moon 🌙 really will be soo great qe need to get more Satoshis until that day.....

[BTC Future 3946]

Governments fear that competition from cryptocurrencies will make them lose control of the populations.

They control them right now with the only possible asset they possess. Fiat money.

Cryptocurrencies provide financial freedom meaning that their centralized fiat currencies have no chance against them. So they massively oppose crypto and create campaigns of fud trying to destabilize them. They will either fail or adapt to the progress. As history suggested if you don't adapt you lag behind and become extinct. Remember all the examples such as Blockbaster/Netflix. Who always wins is progress.

[Shahud 1319]

Yes..crypto growing very faster and it is overtaking other online services who demands to work and earn on their online portals.hence government which is in the support of those portals oter than crypto is trying to make some restrictions on the crypto technology

[phpMailz 568]

The world government and restrictions on cryptocurrency have had a bad affect on crypto, the banning of cryptocurrency in China and other nations decrease the adoption of cryptocurrency and push many people away from it.

[doriahailee 643]

Yeap, First i think it's normal for some government to restrict crypto for the first time crypto become well known and used for some negative things like funding terrorist and money laundry, Indeed Fiat currency was using for this too but it's more easy to be tracked, Over time the government will realize if this technology bring solution for that and not vice versa, We just can wait for now.

[MuhammadSh 3067]

i think that oneday.. slowly.. all the governments would know that digital currencies are the one and only solution..

and all of these restrictions would be removed or replaced with new ones!

[khaler 1549]

One day, governments will know that digital currencies are the only solution that will remove the obstacles that face these currencies and facilitate their circulation

[Ionescu 115]

1 hour ago, Rehanshe said:

Government always afraid of cryptocurrencies.Because in this present time cryptocurrency is getting popular in all over the world.So many people are willing to work and earn with cryptotalk.Government afraid of cryptocurrency because if they got higher they will be in a big loss.

Yeah, governments are afraid of bitcoin and cryptocurrencies because more and more people start using them. So governments lose their value every year because more people move to cryptocurrencies 

[alexisfuentes 2130]

The first mistake is to think that Bitcoin replaces any Fiat currency, Bitcoin could to be accept as "legal" payment currency.

You have to spread that, Bitcoin works as an Internet asset, which is bought and sold for money FIAT, with the indifference of some governments and without legal support.

 

 

 

[el-Muhammady 718]

they are anxious that bitcoin will develop into one of their competitors once it comes banking system and domestic animals investment force be down as relatives go for to invest crypto than valid stock and moreover they can't order users in Bitcoin and put into practice a tax. That is why they forever judge crypto is risky and not safe
 

[Rickso 768]

i think that the governments are not fully afraid about bitcoin because they know that they can't stop bitcoin bu they know they can control him by putting rules. is more like, "yes, bitcoin can change the world economy but we can limit this power"

[bentayebsalah 2280]

No matter how governments impose restrictions on cryptocurrencies, you will not be able to apply them tightly because they do not control those cryptocurrencies and it is difficult to monitor them.

[MohammadMohsin 569]

I think the governments are gonna soon understand the importance of cryptocurrencies. And soon they will surely remove all the restrictions. 

[Mehedi552 30]

I think so. The cryptocurrency is anti-government so that the government can make any money through this cryptocurrency so basically all over the world. Cryptocurrency is urging the government to get tax or monetary currency so the government is going ahead with some cryptocurrency money.

[Heroshema 0]

The goverment don't think the crypto as an investing thing or as real work so they didnt like it

[Grease Lightning 169]

Most governments have begun to accept crypto technology. But there are indeed some governments that are very corrupt and forbid the use of crypto. Corruption is not only in money but also in power.

[Sumayya 493]

Yes they think that the coin will vanished and that the restrictions been put by the government will take effect

[ShakilA 373]

Most of the countries government doesn't accept bitcoin and others all Cryptocurrency.They take action against bitcoiners

[Mehnil125 431]

Government have been puting many of the restrictions on the crypto currency because many people earning money from this website. 

[BitMart 326]

As we are going in new changes through crypto we are already facing many new restrictions and problems from many countries just because of its decentralized nature as world is going to accept this but still want to go with their own way as they are forcing for many changes to bring more security to control risk of miss use like money laundery and terror attacks.

[Naylor89 1223]

I think if Government regulate cryptocurrency there is good and bad effects. Good because we can use crypto legally and freely without fear and doubt. Bad because we are obliged to pay taxes.

[Usman Abdulmumin 354]

On 1/19/2020 at 5:07 PM, Oluwaseun said:

For the time being, the government of the world are placing lots of restrictions on the success of the Crypto Technology. This is because its value is really shooting day by day and there is no way to control this very beautiful technology. This is the reason why most of them are afraid. Because they think this asset will be better than their local currency.

I also think if that, thus will be the reason why government doesn't accept bitcoin in the world,  bitcoin is always going up and down.