Post
Topic
Board Bitcoin Discussion
Re: Is it really bad that Goverments are trying to control Crypto-market?
by
carlisle1
on 03/05/2018, 14:58:18 UTC
So guyz,

I don't have a master in crypto But I have some doubts.

I have seen many people saying that countries banning crypto are just smashing hammer on their own foot.

But my Qes is why a Govt should not try control money in that country?

----My thought is most countries don't really know how to control the transcation or keeping track of cryptomarket, so for time being they want to control it by banning it till they develope a plan.
----I didn't hear any county saying that they don't support bloackchain, Many of them are working on blockchain.
----If a country can not track the money of their people than how can they take responsibility of its people safety?
----If someone pays money for illegal activity from banks, that can be tracked, but tracking crypto is impossible for them right now.

----That was just one of the scenerio



So What are your thoughts?

PS- I am not saying crypto should be banned, I just want to know where Govt. are going wrong?

Every government has their on position and stand in each worldwide issues like cryptocurrency,some country says ,they wanna protect their people,some are for money laundering and criminalities and some are those who wants to take their piece of pizzas..but for me this is all for money and nothing more