Is the government really scary?

[oxwell]

I see the government is not so frightening to us Crypto users especially Bitcoin. I think this is an opportunity for us to be able to participate as much as possible at Cryptococurrency, especially investing in Bitcoin. Because the government cannot do anything but see the development of Bitcoin itself, because Bitcoin uses a decentralized system.

[laughingburger]

YES they are really scary even thought they can be out of the picture in crypto space, although they are not really involve in the internal of crypto but they can deal massive damage on external of crypto.

[Cutter Cute]

I like digital currency, Bitcoin is the best coin and the government can't control Bitcoin, maybe some countries want to control it, but Bitcoin is still decentralized because there are no third parties who regulate it

[vegasus]

I do not think so. Instead the government cannot ban us and restrict us from doing business in this crypto world. Therefore I am still not afraid of any actions by the government and financial institutions in this crypto world. so now I am still convinced and a part of Cryptocurrency that really needs it.

[cashbit]

Maybe the government used to be scary. But I don't think this time is so scary and it might be fun. because not a few countries have legalized crypto and implemented it in that country. Therefore we need not be afraid anymore.

[gribble]

I think the government is not a barrier and the government is not frightening to me, because there is no effect at all in business in Bitcoin. although now many countries do not recognize Crypto, but Crypto remains popular, especially Bitcoin. and every day Bitcoin and Miner users also increase.

[pelana vreo]

Crypto is well received when one understands how blockchain technology can be used in all data collection systems. The crypto payment system is very safe and fast, I think if one day the government can adopt crypto for payment systems and use blockchain technology to avoid financial manipulation by corruptors, a country will be safe and they will have better team members because of all the data they have can be stored safely.

[Anzal RK]

I don't really know about government to cryptocurrency.
But i think a government doing something to protect and safe them country.
We don't need to blame them.

[PRIBO247]

Bitcoin is unique because it has its own way of regulating its own freedom therefore it is not subject to government control. The government on the other hand can affect the freedom of bitcoin by imposing rules that affect trade thereby resulting in losses for investors.

[Speaker]

This is the control of bitcoin.States cannot influence technology, but can impose rules that complicate or restrict trade.

[nakmantu99]

Although the central authority of a state is given to the governments to rule the affairs of the state, Bitcoin acts on a different principle which eliminate all centralization. The decentralized nature of Bitcoin works in favour of the people, thus takes the power and control over their own financing back to the people  and once the people accept to continue to trade with BTC, the governments have little influence on ceasing the transactions.

Yes, I see at severeal countries. The government is really scary with bitcoin. Because they are cannot controll bitcoin over. It is my opinion.

[Prime]

I don't think government can kill cryptocurrency, but we will have many difficulties if government doesn't allow crypto activities in its country. I still hope government will accept cryptocurrency in the future. It may be still considering to accept it.

[Seeyy]

The government on the other hand can focus on the freedom of bitcoin by enforcing rules that require trade to make decisions for investors. Bitcoin is unique because it has its own way of approving its own freedom so it does not support government control.

[Whate]

Although now many countries do not know Crypto, but Crypto remains popular, especially Bitcoin. and every day Bitcoin and Miner users also increase. I think government is not a barrier and the government is not scary to me, because there is no effect at all in business in Bitcoin.

[Irish]

Although the central authority of a state is given to the governments to rule the affairs of the state, Bitcoin acts on a different principle which eliminate all centralization. The decentralized nature of Bitcoin works in favour of the people, thus takes the power and control over their own financing back to the people  and once the people accept to continue to trade with BTC, the governments have little influence on ceasing the transactions.

Of course, cryptocurrency is not beneficial for the government. They will try to ban it, but the other way out is to become part of this system, which they did by entering XRP.