Quote from: Wilsonong222 on May 26, 2018, 01:52:27 PM

Quote from: mikan111 on January 16, 2018, 09:42:40 PM

Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?

I dont think so! I think the government is just doing their job protecting its citizen from people or organization taking advantage the crypto craze. The countries prohibiting the cryptocurrency are only limited. I think it is a good sign that some are still upbeat to cryptos they only ensuring the public safety.

Governments are not protecting the citizens they are protecting themselves from economical crisis by implementing heavy taxes because they are afraid of the new decentralized money which can give the users to use their money as they want.But no one can stop us from using the bitcoins but these regulations are affecting their prices pretty much so they need to implement decent taxes which can affordable for the citizen to pay.