Topic: Am I right or wrong - page 4. (Read 704 times)
That's somewhat right, but as you've seen, in any country, government's regulations do the thing, instead of buying literally. And crypto regulations is a double edge sword, while it's somewhat good for the community instead of banning crypto in specific country, it also a risk for decentralization where we are already in era of KYC—normalizing KYC.
if the government wants to ban it, of course, the government must provide another solution regarding the use of Bitcoin. what is becoming difficult for the government to control is the Bitcoin market which is already very large at this time. so what they can do is regulate the existing exchange platform in their country. That's what happened today.
....You can't confuse me that the government aren't buying Bitcoin too,
Governments don't need to buy or join any of the Bitcoin movement because they can just regulate them. That's what many countries have been doing as of late. The legality of BTC as a country's legal tender remains negative BUT transactions over centralized exchanges and other platforms offering crypto custodial services are highly regulated and are subjected to taxes. 
There is a saying that " if you can't beat them, you join them " ,is this what's going on with Btc and our government?
You can't confuse me that the government aren't buying Bitcoin too, since they knew that this is the real power back to the people, something they really can't control, I'm guessing the only option they have is to join?
You can't confuse me that the government aren't buying Bitcoin too, since they knew that this is the real power back to the people, something they really can't control, I'm guessing the only option they have is to join?
You're right
And since they can't beat Bitcoin, they have now decided to fall back to Bitcoin and join the winning train.
Most government officials posses alot of Bitcoin secretly and there are more news of country's adoption to Bitcoin in recent times which is a positive prove of the the acceptance of Bitcoin.
Bitcoin despite struggling to be a global legal tender, there are so many other businesses who also accept Bitcoin and other cryptos as a means of payment.
So you're right and the situation with government and Bitcoin can also be associated with tye saying that if you can't beat them, join them.
There is a saying that " if you can't beat them, you join them " ,is this what's going on with Btc and our government?
You can't confuse me that the government aren't buying Bitcoin too, since they knew that this is the real power back to the people, something they really can't control, I'm guessing the only option they have is to join?
You can't confuse me that the government aren't buying Bitcoin too, since they knew that this is the real power back to the people, something they really can't control, I'm guessing the only option they have is to join?
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