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RE: Bitcoin hit hard again by Indian and Japanese regulatory shots

in #bitcion7 years ago (edited)

i think the whole fight is to save their existing collapsing banking system.
So, they are doing two jobs simultaneaously
1: they try their best to create a very untrustworthy impression of bitcoin among general people, so they can get a bit more time for implementing my point 2.
2:they knews that eventually ppl will go for it as this is the future, so they are trying to build their own blockchain systems hiddenly so that actual capital will stay in their banks
please check these posts as a proof:
https://steemit.com/ibm/@sultanmr/ibm-and-deutsche-telekom-building-blockchain-based-global-network
https://steemit.com/google/@sultanmr/google-public-blockchain-cloud-and-decentralization
https://steemit.com/google/@sultanmr/google-in-blockchain-enterprise-applications

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I totally agree with you.
It is very difficult to get money out of this country. They us the postal banks as their piggy bank and have created a huge dept. the crazy thing is that the money they take is the peoples. Then they tax us so they can pay back the money they used. We have to pay the government to steal our money! Fuckin batshit crazy!!!

yes its really crazy. but people cannot be fooled always.
second funniest thing i ever found that we all pax 'income' tax, and after that whatever we buy we have to pay additional tax, they name it sales tax. but it is still tax. then after detecting sales tax from us, the more funniest thing is they again tax the manufacturer from its production from rest of the money which he saved by selling. And after that deduction, when he try to get himself paid, there is only one way to do it. he need to pay tax when he wants some money from his own company bank account. Similarly in many parts of Europe, employer also need to pay some part of tax before giving salary to his employee (the income tax mentioned earlier is seperate). We cannot imagine how many taxes we are giving again and again and again from a SINGLE SOURCE OF INCOME. The cryptocurrency system is just straightforward, and it is out of this tricky taxing system. Now they tried their best to put their TAXING on it.
lets see.