Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Economics
Re: War on cryptocurrency!
by
wxa7115
on 25/06/2018, 22:05:36 UTC
Quote from: vibingpositively on June 22, 2018, 06:16:11 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?
Quite simply, because they are ignorant and are resistant to change. Also the ground that the governments and banks lay on is being threatened more and more everyday, and thus they must take drastic measures to protect it. Notice though that this type of "war on crypto" doesn't happen in affulent and progressive countries. I wonder why that is? Roll Eyes
To call governments ignorant will be to lie to ourselves, governments are trying to ban or regulate cryptocurrencies because they understand very clearly what it is at stake here, their own survival, a government cannot survive without the taxes they get and by the printing machine and bitcoin attacks both, so it will be a mistake for them to not act against crypto.