Post
Topic
Board Legal
Re: REASONS OF ILLEGALIZING BITCOIN
by
BitHodler
on 20/05/2018, 22:42:21 UTC
Not every country declared bitcoin as illegal some countries did so. I think major reason for declaring bitcoin illegal is Taxes, Banks and Scammers.
Don't believe that. It's nothing more than an excuse to punish Bitcoin because of how much of a threat they consider it to be. Governments are very desperate, and we keep noticing that with how they try to slow its growth.

For the first time in decades governments have to worry about something that potentially can disrupt their system, and it feels really good. We can choose to no longer be their slave, and that wasn't possible before Bitcoin.

This change will eventually force governments to show more respect and appreciation for what we can offer. It's no longer what you as citizen can do for the government, but what can the government do for its citizens.

At the end of the day the government is there to serve the people, and not vice versa. It has become a total monster.