Quote from: Anonohmon on August 09, 2022, 03:27:21 AM

It's literally never that reason. It's always about control and money. I'd respect these governments if they were at least honest about the reason. "Hey, we just dont want the common man becoming financially independent because we have less control over them that way and it upsets the ruling class. Nothing personal"

Instead of this bullshit about OUR safety...

Governments don't want to reveal their true intentions, in order to give people the perception of safety/security. If they did tell the truth, then people would've been panicking all of the time. We all know the main reason why countries ban Bitcoin. And that's because they don't want to lose control over people's lives. Something that's decentralized and censorship-resistant, could threaten the very existence of traditional Fiat currencies. While Bitcoin's been extremely popular, it hasn't replaced Fiat yet because governments have been trying to keep it afloat. They try to undermine Bitcoin in order to drive away as much people as possible from Bitcoin.

At least, we can be confident Bitcoin won't be going anywhere thanks to the way it was designed. Decentralization is still winning, despite failed attempts to centralize everything. 99.99% of "shitcoins" will disappear, while Bitcoin will grow bigger and stronger than ever. As long as the majority stands with Bitcoin, there should be nothing to worry about. Just my thoughts Grin