Pages:
Author

Topic: Bitcoin War (Read 413 times)

hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
March 03, 2022, 04:01:59 PM
#55

Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?

Thanks!
There will be no war here, I think you are overvaluing bitcoin. War only happens because of power struggles, asserting sovereignty...Bitcoin is simply a profitable investment asset or currency traded on the internet. if we want to own them as long as we have the money, we can buy them anytime we want.
Besides a war will not resolve anything even if a country that was pro-bitcoin was conquered by a country that was against it this will not stop bitcoin, as bitcoin was not created by a government but by an individual and its decentralized nature makes it impossible to destroy, so all of this idea of a war happening because of bitcoin is simply too dramatic and it is something that we are never going to see no matter how strong the opposition against bitcoin could become.
sr. member
Activity: 1895
Merit: 328
February 24, 2022, 01:53:39 AM
#54
Authoritarian governments would very certainly fight to maintain their use of money as a control device.

Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?

I don't believe that's a very likely scenario, but it's a concept I've had, and I'd want to hear your thoughts on it.
No, because it is not going to happen that bitcoin will rule the world, the government is centralized therefore centralization will stay. The government could ban bitcoin if they want to, of course, we don't want that to happen, so let us not think that bitcoin will be able to defeat fiat or any government as they are so powerful to protect their interest.
BTC to rule the world? I think that's crazy. Btc can be stronger due to adoption and its price can go higher but it does not get to a point that it rules everything. It is still a currency and will remain there and like you said, the government is still more powerful than everything. They can do what they wanted to.

No need for a fight because btc is not looking for a fight but if there are fights that will happen, that fight will only be country vs country and not country vs btc. Fights in the country have other reasons and not because of currencies related matter I believe. War's are not good for all of us including in btc so lets hope everyone will be in peace now.
hero member
Activity: 2352
Merit: 593
February 24, 2022, 12:53:08 AM
#53

Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?

Thanks!
There will be no war here, I think you are overvaluing bitcoin. War only happens because of power struggles, asserting sovereignty...Bitcoin is simply a profitable investment asset or currency traded on the internet. if we want to own them as long as we have the money, we can buy them anytime we want.


That is correct, and it is extremely exaggerating that people will go to war as a result of cryptocurrency. We can all agree that one of the primary reasons for war is to gain power or resources. With bitcoin, I do not believe this is the case, but there will be a lot of discussion online about pro and con bitcoin, but I do not believe a war will break out as a result of this. Let us just take pleasure in the bitcoin because it is our opportunity to make money, and therefore we should have no time for war.
full member
Activity: 2016
Merit: 156
February 24, 2022, 12:35:35 AM
#52
Quote
Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?

It will be difficult for such war to happen to bitcoin because many countries has tested bitcoin in so many ways to know if it will survive from where decentralized currency is, but it has proven to the world the reason why it was created by Satoshi. Many countries has achieved so much profits from bitcoin investment that will make them to legalized bitcoin because of the unemployment and poor economy bitcoin has reduced in the country.  Based on the good results some government in the world have received from  bitcoin during the time of pandemic that collapsed so many things in the communities, that was causing bitcoin users to achieve massive income during the period.
legendary
Activity: 2072
Merit: 1023
★Bitvest.io★ Play Plinko or Invest!
February 23, 2022, 11:05:26 PM
#51

Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?

Thanks!
There will be no war here, I think you are overvaluing bitcoin. War only happens because of power struggles, asserting sovereignty...Bitcoin is simply a profitable investment asset or currency traded on the internet. if we want to own them as long as we have the money, we can buy them anytime we want.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
February 23, 2022, 04:36:20 PM
#50
Authoritarian governments would very certainly fight to maintain their use of money as a control device.


Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?


I don't believe that's a very likely scenario, but it's a concept I've had, and I'd want to hear your thoughts on it.

Thanks!
This is never going to happen, it is true that at some point governments could be divided and classified as pro-bitcoin and anti-bitcoin, however this is not going to escalate to a battle or to war, so do not worry abut a scenario like this because it is never going to happen, and even if there will be countries that most likely will remain against bitcoin for a very long time, like China, I do not think that even them will have the resources to stop bitcoin from being used on their countries despite their negative posture.
full member
Activity: 315
Merit: 120
February 23, 2022, 04:33:23 PM
#49
Authoritarian governments would very certainly fight to maintain their use of money as a control device.


Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?


I don't believe that's a very likely scenario, but it's a concept I've had, and I'd want to hear your thoughts on it.

Thanks!

Interesting thought. And, yes, I believe one day this could be an issue - mostly where the more powerful governments try to take the Bitcoin from smaller governments.

I was thinking about this as I tried to pay my Internet bill in El Salvador with the provider Claro.

They would not accept my Bitcoin and only accept Lightning, which is very frustrating.

But from a technical standpoint, you can see there are only 3 channels connecting to all of El Salvador (which has $BTC has legal tender).



I know there has been war over this ... and points on both sides, but aside from being inconvient to not be able to pay with BTC (without setting up LN), do you think having such limited number of channels to an entire nation state would make this more or less of a problem for El Salvador in particular?

hero member
Activity: 896
Merit: 645
February 23, 2022, 03:40:19 PM
#48
Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?
This is very impossible. You can't go to war over what you don't privately own or that's my thought and I think that's the case of bitcoin. It's own by no one and still own by everyone.

The best we could hope for and could very much be a reality is an incorporation of both bitcoin and fiat currencies within a nation for merchants that might be willing to accept it and perhaps fiat might be subjected to government own institutions to ensure a broader usage.
hero member
Activity: 2030
Merit: 777
Leading Crypto Sports Betting & Casino Platform
February 23, 2022, 03:27:56 PM
#47
Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?
Internal financial policy of a country isn't a reasonable reason to generate conflicts with another countries. A country can't start threating another just because they passed bitcoin as legal tender. If a war like that happened, there should be another reasons involved on the backgrounds which would be intensifying the rage and desire to fight from both sides.

On the other hand, bitcoin is an useful tool for economical wars and not direcly martial wars: if an enemy country wants to weak and sabotage a bitcoin friendly country, they could try doing this through market price manipulation. Dumping bitcoin on purpose during a critical moment would affect an enemy nation which relies on bitcoin for their economical progress.
hero member
Activity: 1428
Merit: 836
Top Crypto Casino
February 23, 2022, 02:37:37 PM
#46
so let us not think that bitcoin will be able to defeat fiat or any government as they are so powerful to protect their interest.
Plus, bitcoin don't usually work offline so it's useless having bitcoin to pay or transfer in a place where you can't connect to the internet considering not all place have internet.

Also, having legal tender is not equivalent to official local currency so I don't think it will be related to government's interest.
hero member
Activity: 2828
Merit: 666
February 23, 2022, 01:52:57 PM
#45
Authoritarian governments would very certainly fight to maintain their use of money as a control device.


Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?


I don't believe that's a very likely scenario, but it's a concept I've had, and I'd want to hear your thoughts on it.

Thanks!

No, because it is not going to happen that bitcoin will rule the world, the government is centralized therefore centralization will stay. The government could ban bitcoin if they want to, of course, we don't want that to happen, so let us not think that bitcoin will be able to defeat fiat or any government as they are so powerful to protect their interest.
hero member
Activity: 1344
Merit: 565
February 23, 2022, 01:23:49 PM
#44
Authoritarian governments would very certainly fight to maintain their use of money as a control device.


Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?


I don't believe that's a very likely scenario, but it's a concept I've had, and I'd want to hear your thoughts on it.

Thanks!

It is possible if somehow Bitcoin's user case  goes beyond or compared to oil, as this natural resource is somehow the start of every war in some countries. If we see through there is no possible reason. Maybe if Bitcoin is link to a resource which is on demand in every country, and maybe if those countries who mange to secure the resource wouldn't accept any payment aside from Bitcoin, then it could mean war.

Right there, you know you cannot even compare Bitcoin to oil in this sense. Oil is a physical natural resource of a country that has it but is Bitcoin a natural resource in any country? No one country is the owner of Bitcoin so why would you even think that no matter how Bitcoin eventually grows that countries can go to war for it? So when a country invades others cos of Bitcoin, they go and steal their mining rigs or confiscate their wallets Grin
full member
Activity: 1302
Merit: 110
February 23, 2022, 08:32:16 AM
#43
Authoritarian governments would very certainly fight to maintain their use of money as a control device.


Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?


I don't believe that's a very likely scenario, but it's a concept I've had, and I'd want to hear your thoughts on it.

Thanks!

It is possible if somehow Bitcoin's user case  goes beyond or compared to oil, as this natural resource is somehow the start of every war in some countries. If we see through there is no possible reason. Maybe if Bitcoin is link to a resource which is on demand in every country, and maybe if those countries who mange to secure the resource wouldn't accept any payment aside from Bitcoin, then it could mean war.
full member
Activity: 2044
Merit: 180
Chainjoes.com
February 23, 2022, 08:11:57 AM
#42
Using bitcoin or adopting bitcoin is a choice that can be taken or not. If the cons with bitcoin might just ban it without having to fight because of the pros and cons of bitcoin.
Bitcoin will not be a threat to Fiat. Fiat and Bitcoin can go hand in hand and have their respective functions.
So some developing countries or developed countries can choose what to do. adopt it or not, it depends on each regulation without having to go to war.
It must be remembered that states can decide to legalize cryptocurrencies, but they will not actively support cryptocurrencies. Cryptocurrency is needed to a greater extent by people, but not by states. Therefore, the states will definitely not fight among themselves because of the cryptocurrency. People can protest against their government's decisions regarding cryptocurrencies, and this confrontation can be long.
sr. member
Activity: 1988
Merit: 283
February 18, 2022, 11:07:20 AM
#41
@BenjaminGlover i don't think it possible to happen in my personal opinion because surely people will still choose the traditional currency than bitcoin no matter what happen especially government. And its not necessarily to make war because it's useless wherein the decisions still depends on our government.
full member
Activity: 1708
Merit: 105
February 18, 2022, 09:54:41 AM
#40
Authoritarian governments would very certainly fight to maintain their use of money as a control device.


Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?


I don't believe that's a very likely scenario, but it's a concept I've had, and I'd want to hear your thoughts on it.

Thanks!
I don't think too far as you said, because currently the battle is clearly just a discourse to give control that the country needs to be taken into account, but in the future nothing will happen because diplomacy between countries will be able to solve any trivial problems. I don't think this is a global threat to be feared excessively.
hero member
Activity: 1904
Merit: 540
Leading Crypto Sports Betting & Casino Platform
February 17, 2022, 01:53:45 PM
#39
Authoritarian governments would very certainly fight to maintain their use of money as a control device.


Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?


I don't believe that's a very likely scenario, but it's a concept I've had, and I'd want to hear your thoughts on it.
No there is not going to be anything as such, I think every country is free to do whatever pleases them when it comes to accepting Bitcoin or not. I don’t see the reason why any country would pick up a fight or a war against a neighboring country just because they are accepting Bitcoin or they are against it. So, every country is free to decide for themselves, if their government wants cryptocurrency to be legal and allow people to make use of it, then it would be like that for them, and if their government also doesn’t want it to be a legal asset or currency in their country, then it’s also their business.
hero member
Activity: 1078
Merit: 509
Leading Crypto Sports Betting & Casino Platform
February 16, 2022, 05:46:45 PM
#38
Quote
You should write fictional story.

I think Op is seeing the future and anything can happen on earth if some of Nostradamus critic stories happened then, I think that something similar to what Op just stated can also come to past if the government starts to notice that the world is heading to a one currency era where the whole world circulates at one currency the cryptocurrency and the whales getting unexpected power. It sounds funny, but fiction always sounds funny but, when it comes to play people will refer back to when it was stated by someone in the forum. Definitely, non of us will be here to testify if such a war later happened on Earth though.
legendary
Activity: 2520
Merit: 1073
February 16, 2022, 02:41:03 PM
#37
Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?
I don't see it happening and it doesn't make sense for countries to go to war because of their stance on Bitcoin and BTC. The fact is that countries can choose to live without using blockchain or cryptocurrency. BTC might be considered scarce due to the limited supply but it's not really a necessity for them unlike resources such as oil.
Yes, countries can never go to war with each other just because of their stance on Bitcoin. The only thing would be between the government and the people, the government in some countries might choose not to accept cryptocurrency, but the people in those countries would fight back and still continue to make use of cryptocurrency even after the government have decided to ban it. Just like we have seen in some countries as of recent.

Take for example in Nigeria when the government banned cryptocurrency in the country, people still continued to make use of it and switched to decentralized exchanges. With the help of decentralized exchanges they were able to continue buying and selling Bitcoin without the government being able to interfere in it.
sr. member
Activity: 1988
Merit: 275
February 15, 2022, 07:07:53 PM
#36
The whole world is trying their best to move to peace and live in peace. Even the ones that are having problems and war are going into peace accord. I don't think that any body or any government will be interested to fight a war because of bitcoin. Assuming Bitcoin is own by a particular country the war might come as country vs country. Assuming Satoshi is known now it will be possible to be fighting Satoshi and his country men. Now that Bitcoin does not belong to anyone how will the fight happen and who will be fighting against who? There will be nothing like international war because of bitcoin.

The scope of bitcoin is global like no country is the sole owner of this technology. So yes, I don't think bitcoin war will happen. And I don't think Satoshi will finally disclose his identity and side for a particular country. This scenario is unlikely to happen because of so many reasons. Also, humanity is trying to find peace as much as possible. We have other problems like climate change, pollution or hunger to tackle with.
Pages:
Jump to: