World Government and Crypto Restrictions

[Ionescu 115]

On 2/7/2020 at 10:03 PM, Crypto555 said:

Unfortunately not a lot of people chose cryptocurrencies because they don't know about it and it is not popular in their country. But soon I think cryptocurrency will go global 

Cryptocurrency will go global in the future but still I don't think everyone will use it. Becaude there will always be skeptical people about cryptocurrencies that don't like it

[Fahad1345 17]

For the time being, the government of the world is placing lots of restrictions on the success of the Crypto Technology. They think this asset will be better than their local currency .

[Xsimple 441]

Yes you are right those crypto in the block chain can't really control by the government or any influential person that is why they really hate that and said it is really risky, yes it is risky but this how it works. 

[Shams17 0]

Most of the governments are afraid to loose control of their power by approving crypto currencies as it has limited supply and can't be produce in thin air just like traditional fiat currencies. So, we can expect within next 5 years government will legalize crypto with some strict regulations and charge a good amount tax for crypto holding.I don't think government have any rules against crypto. Crypto benefits a country in economy, crypto is useful for the country. Crypto have some rules of their own for users.

[Honny143 13612]

Yes so many countries afraid crypto currency because they think bitcoin damage their economy, and personal I also think because crypto no one controls and moves freedomly and transaction are encrypted and this technology effects two types its good and bad also but any how so many countries want work in this technology with crypto its really good sign for crypto

[Goody28 259]

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.

You can't simply call the world currencies a local currency I think it's so unfair to do that well as days goes by cryptoworld has successfully created a platform where you can easily earn daily income so they world governments sees it as an illegal technology that is why crypto is having lots of restrictions everywhere

[Fadimah 191]

Yes that's true. Most governments are afraid of crypto. They are scared that people won't rely on them for almost anything and they will become useless. 

[Mcd0d0 5882]

i think government in some countries are terrified about the cryptocurrency because of its value in the market like bitcoin because it's more popular in the market and it is the firstly established among others..

[Prince90 668]

In the past years crypto currencies are becomimg very demanding in every countries and also their market prices are getting higher day by day. Government cannot get control over this they simply ban this currency.

[Arina Akther 0]

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.

 

[noor job boy 77]

In my opinion different countries take action against bitcoin. However, most countries do not accept Bitcoin and all other cryptocurrencies.

[Mizan 96]

Yes brother you are right. Many country not support crypto. And lots of rustication for crypto. This very bad for crypto world. I don't know why they restrict crypto.   

[nicolas1234789 2566]

On 1/19/2020 at 11:07 PM, Oluwaseun said:

This is the reason why most of them are afraid. Because they think this asset will be better than their local currency.

This is the main problem, government never afraid about bitcoin/ crypto, they try to use the technology to support their powerful currency, that's it. Currency is international product and must not replacement by anything but in commodity and stock that's normal. No need to change product just use new technology to support it.

[dinabolt 514]

Currency and cryptocurrency are different so no need to afraid what ever value and volume crypto have. Government need to protect their currency because this is legal form and acceptable around the world, crypto can't do that. Last time please don't be afraid, it just digital coin. Be afraid if other country adopt the technology more faster than you are.

[Imaankhan 208]

On 1/19/2020 at 9:07 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.

Yes you are right as crypto currencies is not much beneficial for the government itself so they are afraid and trying to place restrictions on crypto but still it is going to rule the world.

[Beromnia 733]

Welcome with me
Of course, everyone aims to protect their privacy
Similar coding to globalization, all countries try to impose their local language, customs and traditions to counter globalization’s conquest of the world
The same thing with cryptography, all countries seek to protect their national currencies
 

[Usman Abdulmumin 354]

Government is our enemies they don't want us to become rich as they are, with the help of crypto one day we will also become millionaires. 

[miskyming 1588]

Some government afraid that the cryptocurrencies will use for criminal activities like money laundering, funding terrorism because it is hard to trace people with the crypto transactions.

[AmjadBydn 0]

In my opinion most of the government dont like the Cryptocurrency for many reasons .. one of these reasons is they cant control its price . 

[MuhammadSh 3067]

as you said.. there is no way to stop this crypto world! and i think that governments and banks would still the biggest enemy for crypto currencies!

[ArsalMajeed 178]

Yes the governments are under control.of banks. Banks think that they have danger from the rapidly increasing fame of Cryptocurrency. So they urge governments to put restrictions & regulations on the Cryptocurrencies.

[fuer44 1083]

Government restrictions on crypto I think make sense. because the market is volatility and it is difficult to set crypto as a means of payment, or at least be the second option after fiat.

[Iqraali 59]

On 1/20/2020 at 7:19 AM, Great Commander said:

State also want to gain administrative control to the decentralized system placing the technology on their hands which will not happen as no one controls crypto. 

Yes you are right i am agree with you and your opinion i have same opinion like you . Which will not happen as no one controls crypto.

[Naqeeb707 11]

On 1/20/2020 at 1:21 AM, Shuvo1 said:

It is in good condition and the government says these are inadmissible because there is no way for them to control it

and various governments are trying to make a plan where they can implement cryptocurrencies in controlled and regulated environment and am hoping that they are going to bring a good solution

[Ra6402877 8]

There are always government restrictions that happen when it comes to money and the crypto world being valued to up to 500Billion dollars then the government must step in, its important to understand what is happening in this world , government must perform regulation to avoid currency manipulation and so on and so forth. its also important because of criminal activities going on in so many places.