World Government and Crypto Restrictions

[MCSGlegend 2210]

It is still better than most currencies in many countries because it is impossible to track it if you do not know the address of the bitcoin wallet..

[Dolpharius 675]

it’s a big game and it’s all theater the teak government as well as the financial system will contribute over time and now all these structures behave like a little child.

[Laboni 755]

11 hours ago, Mobin2 said:

This is very bad. The world government and crypto are operating under restrictions.  They think that work needs to be done in the middle of a lonely range.

Currently, the government is trying to bring Crypto under its control, so it controls the crypto restrictions. This will not be a problem if you take it under your control.

[suzit 2]

12 hours ago, Dolpharius said:

it’s a big game and it’s all theater the teak government as well as the financial system will contribute over time and now all these structures behave like a little child.

I hope that everything will be better in the long term because people are struggling to do decisions in the favor of bitcoin and this system will reduce the corruption. 

[Dolpharius 675]

9 hours ago, suzit said:

I hope that everything will be better in the long term because people are struggling to do decisions in the favor of bitcoin and this system will reduce the corruption. 

yes, I agree that with this transparency of the blockchain everything will be in a general view and that corruption that will now be impossible and I think part of the adoption is being delayed - because the state is looking for a loophole

[tienda 8776]

I think right now impossible the governments they can take the decision to adopt and pronounce about legality of cryptocurrency, because right now cryptocurrency need some adjustments about the control of transaction when the transactions will be tracked I think they will adopt cryptocurrency without problem.

 

 

[Krisdan 1]

They are placing restricritions knowing they cant control it ,but time will come those restriction will be removed

[Naga 1250]

On 1/21/2020 at 8:31 AM, kuscoi11 said:

The government always thinks that cryptocurrencies are dangerous, so it seems that many countries have not accepted cryptocurrencies, except that cryptocurrencies are virtual currencies. then the government is afraid of cryptocurrencies competing with their country's banks. I think so

if governments accept cryptocurrencies then there would be no chance for the officials to take money without being known, as with bitcoin there will be complete honest system.

[Sumayya 493]

11 hours ago, snowol said:

I think on the opposite. Governments nowadays are increasingly more open to blockchains ventures and regulators are starting to adjust their guidelines to crypto sources rather than basically confining it for the cause of Hostile to Cash Washing laws

They just want to use the blockchain to create their own project which they can trust

[Kotha511 0]

Bitcoin claims that “It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen.” That lack of central authority is the primary reason governments are afraid of the cryptocurrency. To understand this fear, it is important to know a little bit about governments and conventional currencies.

[Fatihgani12 348]

It has been seen in the days that crypto is growing very rapidly around the world for several reasons there are those who make money here for free by only campaigning on a project.

[Luciferludz 1442]

I don't think that's if the world bank has any permissions to restrict cryptocurrencies worldwide, because if it was possible, they were already restricted it

[Interface User 1070]

Maybe because some officials have fear to change and evolution especially the invention of crypto currency may change the paying system. Some reason maybe because they want control in the terms of our income.

[Benjamin 84]

6 hours ago, kuseav said:

Most governments do not accept bitcoin, Cryptocurrency Technology is a threat to any government of the world economy being affected by the cryptocurrency system.

Well, i think they are just threatened to cryptocurrency to used it in any negative way because government can't control the idea of any individual to their country so that they are not allowing cryptocurrency to their country. Happy posting.

[Naylor89 1223]

Maybe the governments don't want to ban cryptocurrency, but they want people to be careful to invest in the cryptocurrency because the price of all cryptocurrency is not stable and fluctuate.

[suzuya 945]

Government are afraid if people starts using cryptocurrency and also if companies and establishments starts accept cryptocurrency as a payment for their service. Since cryptocurrency is decentralized, government can not do anything to manipulate it and also they can't even charge a tax on it.

[MuhammadSh 3067]

i think that today there are many countries which they are against crypto

but maybe in the future they would find that using digital currencies is the one and only solution

[AmjadBydn 0]

The world government and cryptocurrency are operating under restriction , they think that work needs to be done in the middle of a lonely range 

[Epic 289]

On 1/20/2020 at 12:07 AM, 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 think governments are not afraid of crypto being popular or increasing in value. What government is afraid of is that they cannot collect taxes on crypto traders specially if they are trading in privacy coins. The government is trying to minimize its peoples exposure to crypto because once the people know about crypto and start trading on it. The government will start to lose money.

[Maaz sultan 265]

I have seen that the cryptocurrencies are ban in lots of countries but i dont know the reason that why the the countries ban the crypto currencies i think the cryptocurrenies  are very profitable and it is type of business.

[Gafar 63]

Certainly, creating a sword will be everything in the future. In my opinion, I think that all companies will accept it. No one knows why some countries are fighting it. Think, because they believe that it is a way to flow money to some criminals so they do not fight it.

[Lunaa 238]

It's because they have a lot to consider before adopting cryptocurrency. It's their only choice to control cryptocurrency by regulation and many more. some even want to put taxes on them. No idea how that possible though.

[Shahud 1319]

On 1/20/2020 at 7:51 AM, vivoy90 said:

Crypto market already got their success and now some government do not like this market due to no Tax on income of crypto market that is why government wants to regulate. 

Yes..government is afraid of thr crypto success so they just want to make some restrictions over  crypto and they try to get it down by making some useless policies.bjt crypto already came at the moon .

[amara123123 76]

Most of countries not accepted this crypto market as legal market but only five or ten countries accepted as legal and now others might be accepted as legal sooner. 

[kamalnewaz 150]

Many developing country's government are favour of crypto and others are not.Who are supporting they gainer in my view. Restrictions there are a bit i think, users use it very positively otherwise they can be banned, it is a good side i think, so no huge restrictions here are.