Quote from: Blondy12 on July 23, 2018, 01:47:57 PM

Quote from: Handsome Boy on July 21, 2018, 12:48:35 AM

as we know, many governments in the world are banning bitcoins and here I have my own why the government want to kill Bitcoin, because I think Bitcoin can be used for terrorist financing, money laundering, illegal weapons purchases, crime and tax evasion. therefore the government forbids Bitcoin, because Bitcoin transactions are difficult to trace so it is only natural for me if the government is very worried about Bitcoin and many country banning (block) Bitcoin.
but this is just my opinion, so if I am wrong I apologize.

Thank You.

This can be just an speculations but there are no proper statement as reasoning why there are governments that forbid the use of bitcoin. Though i am not saying that your thought are not right, is just that we dont really the reasons are but partly maybe you are right there mate. Mostly i agree with tax evasion issue especially that most government in a certain countries got a government officials that are corrupt.

Yes, most of those reason are the facts why government are not in favor for this innovations, being decentralized and not having any controlled can harm
the economy of such governance, adding up the government itself can deal with money laundering using the system can give them an easy passage to deal with illegal acts this mentality still not been removed and the existence needs to be well aware to everyone.