Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: PreshB on October 31, 2018, 05:34:21 PM
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I really wonder if cryptocurrency is genuine, many government against it and any thing that is not supported by government is an offense. So what should we say about crypto?
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Cryptocurrency is real. Do not doubt that. Institutions who oppose the existence of crypto are probably afraid of the possibility that the system they were used (and giving them profits) to will be disrupted. Some governments are not really against it, they want it regulated.
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Yes cryptocurrency is 100% genuine, the government wants everything to be under their control and anything the cannot control, they automatically tag it with different names making those who used it to feel guilty.
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Is matter of time, very soon,, the government will recognized it.
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The losers are ill-informed buyers caught up in the spiral of greed. The result is a massive transfer of wealth from ordinary families to internet promoters.
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Financial institutions and governments are afraid of crypto most of time because they know that decentralization can really destroy the control they have on FIAT with monetary politics. Crypto is genuine and blockchain makes everything more transparent than FIAT
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I really wonder if cryptocurrency is genuine, many government against it and any thing that is not supported by government is an offense. So what should we say about crypto?
I think the challenges the government is having with cryptocurrency is the decentralization whereby no one controls the coins. Government always want everything to be control by them. I believe the government will welcome it someday.
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Yes it is genuine. In fact, it is just few years from 2019 and now we can see its massive effect to countries economic part and peoples financial status. Crypto open the door of earning while learning theory to reality.
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I really wonder if cryptocurrency is genuine, many government against it and any thing that is not supported by government is an offense. So what should we say about crypto?
I will say boldly that cryptocurrency is genuine, I think the government wants to be in charge of everything and wants everyone to be under their control, so if anything that is not controlled by them is labelled scam.
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For me, I don't see cryptocurrency as illegal, the government can say whatever I don't care, afterwards many companies certified by government still defraud people.
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I see the right thing is genuine, because as long as I deal with crypro, it starts from mining, airdrop, bounty, and trading, it benefits me and finally I believe. if the government opposed it because they did not want the bank system they were eliminated because of crypto so they made various reasons to reduce crypto
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Crypto is genuine. You know why the government hate crypto? its because they cannot impose tax on it. That is why they are finding ways to regulate it.
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I think crypto is genuine. Actually government wants to control it. But unable to control it . So in many countries it is banned.
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Yes. Crypto is very genuine just like Fiat.
The only thing is that the low rate of cryptocurrency adoption in the society today makes it look like crypto is fake or something close.
Another thing is that many do not actually understand the basics about crypto so they term it scam or fake.
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Governments does not support cryptocurrency not because it can be genuine, but because governments cannot control dirty money that are constantly transferred using cryptocurrency.
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I really wonder if cryptocurrency is genuine, many government against it and any thing that is not supported by government is an offense. So what should we say about crypto?
Not all government is against it. Those against crypto are the ones who don't like change or anything that is not under their control. Crypto is very real.
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the government opposes cryptocurrency because nobody regulates the movements of coin prices such as bitcoin, they have prices that are always rapidly changing, therefore some countries still ban but they are very happy with the existing blockchain technology to record all data transaction
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Cryptocurrency is a digital currency that is in cyberspace, its existence is of course there, but it is not physical like fiat money, Of course there are many goverments reject it, if cryptocurrency is used in a country, they should have many regulatory rules that must be regulated
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It's 100% genuine!
I have outline few things that I can say it's real.
1. the first crypto currency BITCOIN exist for already 1 decade ( 10 years ) - how could an financial ecosystem exist for 10years if it's not real?
2. Media attention - you could see news globally about cryptocurrency.
3. Government attention - some countries in europe is crypto friendly and even give permission to crypto company to operate at their country.
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I really wonder if cryptocurrency is genuine, many government against it and any thing that is not supported by government is an offense. So what should we say about crypto?
Original cryptocurrency is real, but only in digital form, it is often called digital assets, which now many stock investors turn to crypto.
There are several reasons why crypto is still widely rejected for legalization in some countries with various risks and considerations.
1. Money laundering
The government considers bitcoin potentially used for crime
money laundering, money laundering is an attempt to disguise or
hiding the origin of money, assets resulting from criminal acts.
2. Terrorist funding
Terrorist funding is one of the causes of bitcoin being rejected in some
Countries by using bitcoin to fund terrorist actions.
3. Anonymous
Its nature tends to be anonymous without a name, an identity with an anonymous nature will
vulnerable to fraud, if someone commits fraud with
the bitcoin method will certainly be difficult to reveal who owns and accepts bitcoin
4. Hackers
This cyber crime cannot be separated from various payment systems
online including bitcoin, lately the crime of Hacker is rampant against
Cryptocurrency exchanger.
As I said above, cryptocurrency is a digital asset of someone's wealth stored in the ledger record with blockchain technology.
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No doubt crypto is very genuine. But this year some countries ban cyrpto in their country but one good thing is that some countries are not banning it but they are trying to regulate it that is also a good news for crypto currencies. I personally feel gradually many countries will allow to trade crypto currency like as fiat but it can take some years.
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crypto is genuine. Actually government wants to control it. But unable to control it . So in many countries it is banned.
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Crypto is 100 percentage genuine. No doubt about that. They will start to realise about that in the future. Only now they are thinking about that and they are planning to regulate that easily. Because of that they are trying to say some words agains cryptocurrency. They have to accept that in the future. People love cryptocurrencies and cryptocurrencies have amazing benefits.