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Poll

Can governments crack down on crypto?

Yes, governments are fully capable of cracking down on crypto
No, crypto exists independently of governments

Author Topic: Can governments crack down on crypto?  (Read 40562 times)

Online DavetJack

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Re: Can governments crack down on crypto?
« Reply #480 on: February 15, 2025, 08:52:28 AM »
This crypto currency is still illegal in our Bangladesh. We hope that one day crypto currency will be legal in our Bangladesh too. Because we know that the current government of our Bangladesh, Dr. Yunus, since he was in America and Russia, he may have been associated with this crypto currency. We are working with those that are illegal in the country so far, we hope that we will work with legality very soon.

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Re: Can governments crack down on crypto?
« Reply #480 on: February 15, 2025, 08:52:28 AM »

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Offline milewilda

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Re: Can governments crack down on crypto?
« Reply #481 on: February 15, 2025, 12:00:45 PM »
This crypto currency is still illegal in our Bangladesh. We hope that one day crypto currency will be legal in our Bangladesh too. Because we know that the current government of our Bangladesh, Dr. Yunus, since he was in America and Russia, he may have been associated with this crypto currency. We are working with those that are illegal in the country so far, we hope that we will work with legality very soon.
Better not to make yourself expect too much because it will be that everything depending into the government whether they will be allowing or still prohibiting Bitcoin or crypto and we do know that not all are really that allowing or simply most of them would really be that not wanting to get involved with cryptocurrencies on which we do know that everything could really be that pertaining about having no taxes and this is something that they dont really like it. Somehow if you are really that eager on involving with cryptocurrency then you can still do it without being caught or being traced. So it will be that up to you but make it sure that you wont get caught.

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Re: Can governments crack down on crypto?
« Reply #481 on: February 15, 2025, 12:00:45 PM »

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Offline KryptoBull

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Re: Can governments crack down on crypto?
« Reply #482 on: February 16, 2025, 08:05:16 AM »
This crypto currency is still illegal in our Bangladesh. We hope that one day crypto currency will be legal in our Bangladesh too. Because we know that the current government of our Bangladesh, Dr. Yunus, since he was in America and Russia, he may have been associated with this crypto currency. We are working with those that are illegal in the country so far, we hope that we will work with legality very soon.
Perhaps your government is still cautiously evaluating crypto before changing its stance on this novel financial instrument. It is terrifying that engaging in crypto activities could land someone in jail in 2025. I hope the crypto community in Bangladesh remains safe until crypto is accepted as a legitimate market.

The anxiety about the consequences of trading crypto will undoubtedly decrease liquidity and hinder the growth of the crypto market. That is precisely what governments aim to achieve when banning crypto; they always prohibit before they can regulate :)

Offline rizqillah

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Re: Can governments crack down on crypto?
« Reply #483 on: February 16, 2025, 02:46:03 PM »
This crypto currency is still illegal in our Bangladesh. We hope that one day crypto currency will be legal in our Bangladesh too. Because we know that the current government of our Bangladesh, Dr. Yunus, since he was in America and Russia, he may have been associated with this crypto currency. We are working with those that are illegal in the country so far, we hope that we will work with legality very soon.
Perhaps your government is still cautiously evaluating crypto before changing its stance on this novel financial instrument. It is terrifying that engaging in crypto activities could land someone in jail in 2025. I hope the crypto community in Bangladesh remains safe until crypto is accepted as a legitimate market.

The anxiety about the consequences of trading crypto will undoubtedly decrease liquidity and hinder the growth of the crypto market. That is precisely what governments aim to achieve when banning crypto; they always prohibit before they can regulate :)
The government that has not been able to accept crypto, do they not see that the government of developed countries has started to legalize and accept crypto. Although there are some countries that have not allowed it, if it goes to prison it seems ridiculous. We invest with the money we earn and are considered to be breaking the law.

Offline yohananaomi

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Re: Can governments crack down on crypto?
« Reply #484 on: February 17, 2025, 06:47:54 AM »
This crypto currency is still illegal in our Bangladesh. We hope that one day crypto currency will be legal in our Bangladesh too. Because we know that the current government of our Bangladesh, Dr. Yunus, since he was in America and Russia, he may have been associated with this crypto currency. We are working with those that are illegal in the country so far, we hope that we will work with legality very soon.
Perhaps your government is still cautiously evaluating crypto before changing its stance on this novel financial instrument. It is terrifying that engaging in crypto activities could land someone in jail in 2025. I hope the crypto community in Bangladesh remains safe until crypto is accepted as a legitimate market.

The anxiety about the consequences of trading crypto will undoubtedly decrease liquidity and hinder the growth of the crypto market. That is precisely what governments aim to achieve when banning crypto; they always prohibit before they can regulate :)
The government that has not been able to accept crypto, do they not see that the government of developed countries has started to legalize and accept crypto. Although there are some countries that have not allowed it, if it goes to prison it seems ridiculous. We invest with the money we earn and are considered to be breaking the law.
It is certain that the government has not been able to accept crypto until now, because This is something that needs to be considered carefully so that they will not make the wrong decision and not harm all parties. This is just a matter of time, because everything is certain that, in the end, whether they like it or not, they have to be able to accept crypto because its development is very advanced, and it is inevitable to accept it.
As long as it does not violate the rules, of course there will be no sanctions other than deliberately violating the rules, even though it is for the reason of your own capital. Always obeying the rules is better.

Offline KryptoBull

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Re: Can governments crack down on crypto?
« Reply #485 on: February 17, 2025, 06:52:11 AM »
The government that has not been able to accept crypto, do they not see that the government of developed countries has started to legalize and accept crypto. Although there are some countries that have not allowed it, if it goes to prison it seems ridiculous. We invest with the money we earn and are considered to be breaking the law.
I call those extreme actions by the government when they face their fears. Perhaps they don't see the positive impacts that BTC has brought to El Salvador, they don't see the big companies accumulating BTC for the future, they are afraid of what they don't understand and are not ready to approach.

The government has a lot of power: they can label crypto as something dangerous to the economy, crypto is a tool for criminals, crypto is a financial weapon against the government's leadership... Then, they will impose very heavy penalties to warn people. That is exactly what these backward governments are doing to suppress crypto @@

Offline dave_strider

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Re: Can governments crack down on crypto?
« Reply #486 on: February 17, 2025, 11:35:36 AM »
The government that has not been able to accept crypto, do they not see that the government of developed countries has started to legalize and accept crypto. Although there are some countries that have not allowed it, if it goes to prison it seems ridiculous. We invest with the money we earn and are considered to be breaking the law.

The law is sometimes tricky.
That's why it should be regulated at least to some degree, not just be in the "banned" state.

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Re: Can governments crack down on crypto?
« Reply #486 on: February 17, 2025, 11:35:36 AM »


Offline martinex

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Re: Can governments crack down on crypto?
« Reply #487 on: February 17, 2025, 12:08:26 PM »
Perhaps your government is still cautiously evaluating crypto before changing its stance on this novel financial instrument. It is terrifying that engaging in crypto activities could land someone in jail in 2025. I hope the crypto community in Bangladesh remains safe until crypto is accepted as a legitimate market.

The anxiety about the consequences of trading crypto will undoubtedly decrease liquidity and hinder the growth of the crypto market. That is precisely what governments aim to achieve when banning crypto; they always prohibit before they can regulate :)

Some may be disturbed by the government's calculations and if they knew how much tax profit the exchange would get if it had a trading license and was actively operating from the government there, the government would be amazed to see the numbers. This industrial sector has the most potential, especially if it has a large number of users.

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Re: Can governments crack down on crypto?
« Reply #488 on: February 18, 2025, 09:41:50 AM »
This crypto currency is still illegal in our Bangladesh. We hope that one day crypto currency will be legal in our Bangladesh too. Because we know that the current government of our Bangladesh, Dr. Yunus, since he was in America and Russia, he may have been associated with this crypto currency. We are working with those that are illegal in the country so far, we hope that we will work with legality very soon.
Better not to make yourself expect too much because it will be that everything depending into the government whether they will be allowing or still prohibiting Bitcoin or crypto and we do know that not all are really that allowing or simply most of them would really be that not wanting to get involved with cryptocurrencies on which we do know that everything could really be that pertaining about having no taxes and this is something that they dont really like it. Somehow if you are really that eager on involving with cryptocurrency then you can still do it without being caught or being traced. So it will be that up to you but make it sure that you wont get caught.

Yes, I agree that this crypto currency is illegal in some countries besides Bangladesh. But we see that most of the big businessmen in our country or other countries are associated with this crypto currency. And they are dealing with this crypto. If we practice these things and look at them a little, we will see that we will get legality at least one day. And we will be safe. If we tell everyone now with our warning, there will be a risk. We have to try to remain anonymous and associated with crypto currency.

Offline KryptoBull

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Re: Can governments crack down on crypto?
« Reply #489 on: February 18, 2025, 10:37:33 AM »
Yes, I agree that this crypto currency is illegal in some countries besides Bangladesh. But we see that most of the big businessmen in our country or other countries are associated with this crypto currency. And they are dealing with this crypto. If we practice these things and look at them a little, we will see that we will get legality at least one day. And we will be safe. If we tell everyone now with our warning, there will be a risk. We have to try to remain anonymous and associated with crypto currency.
With the development of crypto and the widespread acceptance of BTC globally, Bangladesh cannot stay out forever. They will have to accept crypto in some way under pressure from the people. If the government doesn't choose crypto, the people may choose a new government, similar to what happened in the US in the last election.

I hope that the crypto community in Bangladesh will continue to be safe until things improve and investing in crypto becomes a necessary part of the market rather than being considered illegal activities!

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Re: Can governments crack down on crypto?
« Reply #490 on: February 18, 2025, 11:47:27 AM »
Yes, I agree that this crypto currency is illegal in some countries besides Bangladesh. But we see that most of the big businessmen in our country or other countries are associated with this crypto currency. And they are dealing with this crypto. If we practice these things and look at them a little, we will see that we will get legality at least one day. And we will be safe. If we tell everyone now with our warning, there will be a risk. We have to try to remain anonymous and associated with crypto currency.
With the development of crypto and the widespread acceptance of BTC globally, Bangladesh cannot stay out forever. They will have to accept crypto in some way under pressure from the people. If the government doesn't choose crypto, the people may choose a new government, similar to what happened in the US in the last election.

I hope that the crypto community in Bangladesh will continue to be safe until things improve and investing in crypto becomes a necessary part of the market rather than being considered illegal activities!

The country doesn't have much resources to work on its own just like Sri Lanka. These are developing countries that will not have a good economy that will not make their people invest on something like BTC which I think their government would rather make BTC illegal because of the concern that people will be a victim of scam.

The government could be right with their decision especially because BTC is a speculative asset where price is very volatile.


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Re: Can governments crack down on crypto?
« Reply #491 on: February 18, 2025, 06:39:48 PM »
Crypto currency has been legal in different countries of the world. And it’s now absolutely impossible to destroy. Because this currency is now bought by Bitcoin to give full security to money in different countries of the world. Some governments also keep money in Bitcoin. And in some countries Bitcoin is illegal, but most people in the country use Bitcoin. I don’t think it will be easy to control who it is now. And those who know about Bitcoin will never regard it as illegal because many unwanted can be made through Bitcoin. And Bitcoin can be quickly gained by becoming self-sufficient. I have the possibility of being fucked through bitcoin, there are many couples. So, by understanding you have to decide if you have to decide or you will be in danger. There’s also such damage as here. So I don’t think any country’s government can completely shut down Bitcoin.
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Offline Gurujebs

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Re: Can governments crack down on crypto?
« Reply #492 on: February 18, 2025, 07:21:47 PM »
quote]
The government that has not been able to accept crypto, do they not see that the government of developed countries has started to legalize and accept crypto. Although there are some countries that have not allowed it, if it goes to prison it seems ridiculous. We invest with the money we earn and are considered to be breaking the law.

They don't want to not because they want it like we do, it's because it's going to open their secrets and everything they do behind doors, the things they do behind doors and the money they steal from public. The privacy they have been hiding in will be exposed because the money they are stealing will be known to people and they wouldn't be able to steal again.

Any government that doesn't have crocroach in their cupboard wouldn't run away from crypto, it's something they need and something the people need but their nature of looting wouldn't give them peace of mind to do it, their secret will be exposed to the public.
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Offline yohananaomi

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Re: Can governments crack down on crypto?
« Reply #493 on: February 19, 2025, 04:54:21 AM »
Perhaps your government is still cautiously evaluating crypto before changing its stance on this novel financial instrument. It is terrifying that engaging in crypto activities could land someone in jail in 2025. I hope the crypto community in Bangladesh remains safe until crypto is accepted as a legitimate market.

The anxiety about the consequences of trading crypto will undoubtedly decrease liquidity and hinder the growth of the crypto market. That is precisely what governments aim to achieve when banning crypto; they always prohibit before they can regulate :)
Some may be disturbed by the government's calculations and if they knew how much tax profit the exchange would get if it had a trading license and was actively operating from the government there, the government would be amazed to see the numbers. This industrial sector has the most potential, especially if it has a large number of users.
Actually, that is a solution carried out by the government to be able to get income, and it is only natural if it is seen that there is an advantage from the exchange in taking fees, but we also know that the exchange also has to pay taxes in the end, so there is no excessive concern from the government about this in my opinion.
There is always the best solution from the government to be able to involve the exchange in matters like this.

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Re: Can governments crack down on crypto?
« Reply #494 on: February 19, 2025, 08:35:14 AM »
Crypto currency has been legal in different countries of the world. And it’s now absolutely impossible to destroy. Because this currency is now bought by Bitcoin to give full security to money in different countries of the world. Some governments also keep money in Bitcoin. And in some countries Bitcoin is illegal, but most people in the country use Bitcoin. I don’t think it will be easy to control who it is now. And those who know about Bitcoin will never regard it as illegal because many unwanted can be made through Bitcoin. And Bitcoin can be quickly gained by becoming self-sufficient. I have the possibility of being fucked through bitcoin, there are many couples. So, by understanding you have to decide if you have to decide or you will be in danger. There’s also such damage as here. So I don’t think any country’s government can completely shut down Bitcoin.

We, who are involved in this crypto currency, do not think we will be able to leave this crypto currency world. Even though this crypto currency is illegal in our countries, we are still involved here. Maybe even if it is never legalized, we will never be able to leave crypto. And now it is impossible to stop this Bitcoin, because almost all the prominent businessmen of the country are involved in this Bitcoin currency. They also do transactions and invest in this Bitcoin currency. So I would say that if they had tried in 2017-2018, they could have stopped it, but now it is absolutely impossible. So now we want to get legalization as soon as possible and work with legality.

 

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