World Government and Crypto Restrictions

[salman47042 23]

So far, the world's parliament has put a lot of limits on the acquisition of cryptographic technology. This is due to the fact that its value is really shooting step by step and it is impossible to control this great innovation. This is the motivation behind why a large part of them worry. Because they are convinced that the benefit will outweigh the amount of money in their neighborhood.

[Tasnuba Rafa 7]

Its because cryptos keep changing time to time. It cant be relied upon like fiat currency. So they don't wanna invest.It become compulsory to control over financial activities as countries have trade between them. 

[Tomahawk92 1]

I ruminate on the contrary. Governments in our day are extra and other undeveloped to blockchains projects and regulators are instigation to adapt their convention to crypto assets more readily than just restricting it for the sake of challenging capital Laundering laws

[Naqeeb707 11]

On 1/20/2020 at 7:22 AM, Afrizal rahman said:

Yes, most of them are afraid of the progress of Crypto. They always have a way to hold back their movements, but this technology moves unregulated and I think there are currently many users who use it.

yes you are right they are actually afraid of it because they think that they will get no self interest over it so they are posing restrictions over it but its growth is so high that one day they have to accept it

[Hala99 370]

Some jurisdictions have gone even further and imposed restrictions on investments in cryptocurrencies, the extent of which varies from one jurisdiction to another.  Some (Algeria, Bolivia, Morocco, Nepal, Pakistan, and Vietnam) ban any and all activities involving cryptocurrencies.  Qatar and Bahrain have a slightly different approach in that they bar their citizens from engaging in any kind of activities involving cryptocurrencies locally, but allow citizens to do so outside their borders.  There are also countries that, while not banning their citizens from investing in cryptocurrencies, impose indirect restrictions by barring financial institutions within their borders from facilitating transactions involving cryptocurrencies (Bangladesh, Iran, Thailand, Lithuania, Lesotho, China, and Colombia).

[Irungu 4299]

the truth is , world government control monetary systems and every transaction that happens and so the regulation itself is a good prove that everything is right in its own path , doing the right thing so its important we all know how good we are able to  level the right principles that we have been able to work with and that is all we need in all levels of the market. controlling crypto world , makes it easy for every trader to avoid making a huge mistake

[Md Yousub Ali 880]

Crypto currency is very good for third world country, This forum give them foreign remittance, if that all country build there own country that will give them more benefit.

[Nujash 120]

Crypto is more successful in its process so some of the government are afraid of this fact that crypto currency will give a negative impact on global economy..

[Hamoudi66a 1]

The world governments afraid form cryptocurrency for just one reason they can't control it because it decentralised. 

[Rex10 39]

Yeah, governments are anxious of bitcoin and cryptocurrencies because new and extra nation twitch via them. So governments suffer defeat their appreciate every day as additional people move to cryptocurrencies.

[fatima123 320]

Besides a lot of restrictions of whole world still a lot of impossible made record by the bitcoin and whole crypto market . So try to saw history of btc from 1$ to 20000$. Totally unstoppable for us .

[Zezo 306]

I suspect that governments impose these restrictions on users of digital currencies because they are out of their control

[Raouf99 73]

On 2/21/2020 at 12:45 PM, japlin1971 said:

I have heard that the planet government and therefore the cryptocurrency are moving towards a far better job and that i want to form an honest society through cryptocurrency in order that we will earn good money and if there's an exchange of cash within the good bank system it's for everybody . i feel it'll be good.

They always been big enemy to each other. As they ban the crypto mostly countris do that.

[NKDB 10]

The vast majority of the world's governments are afraid of using cryptocurrencies, because they are exempt from regulations that allow them to manipulate them.

[BitMart 326]

Currently crypto's decentralized shape is not acceptable for many governments so just because of this they are not accepting this and bringing centralized coins and exchanges which are working for them but killing real shape of crypto which was anonymous but its still working in tight restrictions and under governments policies but we will watch some better response in future as now they are doing good legislation for this.

[Razan alikac 1899]

Governments believe that currencies should only be under their control, refusing to deal with cryptocurrencies, perhaps in the future this idea will change and cryptocurrencies will be recognized as an official assets in the country.

[FalseName 171]

Government doing restrictions because they want to regulate the users from their country, Governments are just being careful because thus currency us being use for illegal transactions, it is hard to track the users in the crypto world.

[Sasaki 171]

Governments is really stricted in implementing cryptocurrency because they think that it can't help the world and they have fear of this also because of it's system, well as  we all know governments wants to control the flow of the money, and crypto is decentralized and no one controlling it so if they legalized it the authority of the government might lose.

[andrehol 16294]

The national currency of some countries has no value and is not provided by anything. These national currencies are subject to inflation. Naturally, people prefer to invest their savings in cryptocurrencies. If governments hinder the development of cryptocurrencies, then the state does not want the population to become rich.

[Alex60 27]

In fact, the government is scared of it because it can't control the government and runs it on its own independently, but I think this money is good for us and it can do good work and earn good income here.

[Alex60 27]

The world government does not accept crypto.  Because no one can control it, it is not legally allowed to be used in any country, but little is a good online currency for us

[Sharif alex 4]

I think that Governments today are more and more open to blockchains projects and regulators are beginning to adapt their rules to crypto assets. 

[George carry 24]

I think the government's which are not accepting and adopting crypto are on wrong side. They will be prevent on their policy after few year. These governments should think about bit

[cryptozalmii37 257]

Governments of different countries palcing ban of crypto technology because they can't control cryptocurrencies. They are getting afraid of loosing value of their respective Fiat currency.

[Sona moni 1]

Well Government was scare of crypto because it's giving decentralized and more transparent system and beside that they can't control it so they just banning it or make strict rules, Even like that some country already developing their own blockchain so looks like it's just about it.