Quote from: robaya on September 15, 2018, 04:49:20 AM

Quote from: antonhuda on September 15, 2018, 04:44:19 AM

The government prohibits crypto because it is difficult to control and also crypto price instability. State banks feel that crypto is not needed and many of them think it will be detrimental to fiat later.

the most important is probably the connection with the tax that will be received. there are some prohibitions actually, some prohibit ico, some prohibit the use of crypto, and many more prohibitions. but there are no regulations that can strongly tie the circulation of crypto which makes the government strongly prohibit it. maybe if everyone who has crypto has valid data like we have money in the bank, maybe the government will give permission to crypto.

Actually the government can also get the benefits from the cryptocurrency, and they can get another income too from the crypto. But the government is not ready to see the change of the new era from traditional to digital, and they cannot interfere with the process of the transaction, so they decide to ban the crypto. but, if they can learn (which they already did, I am sure about this), and maybe the governments want to stop the growth of the cryptocurrency before they can create new crypto by themselves and they will promote their coin to the public.

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