Quote from: Fujiati on July 26, 2018, 10:11:51 AM

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.

I also agree with you, the government forbids bitcoin because bitcoin users can not be traced. the government is afraid of more and more people using bitcoin as money laundering and terrorist financing.
I would argue that it is better for the government to accept bitcoin and make rules about crypto currency so that people can not commit crime through bitcoin.

Bitcoin is widely used as a payment for illegal transactions, buying and selling in black market,and bitcoin is really hard to detect thats why government wants to kill bitcoin. Also another reason is they see the that bitcoin can stepped up as the no. 1 currency, the government cant let that happen, they dont want fiat money to go down and btc will be the no.1 that they cant controll.