Topic: Does it even matter if governments and banks accept cryptocurrency? - page 5. (Read 2284 times)
November 08, 2018, 02:57:25 PM
Of course, in the eyes of many people, the official recognition of bitcoin by the authorities will give it an advantage. But in fact, bitcoin can develop without government intervention and banks. His main idea is this.
November 04, 2018, 04:44:12 PM
There is buzz about the prospective of governments and banks accepting crypto or creating their own for its mass acceptance.
I don't think this is even worth acknowledging, as all of the present and future innovations are going to come from the private sector. Governments are just responsible for damage control, do a God-awful job for the most part and have never achieved true democracy.
In the past, people relied on governments and banks not because they're "governments" or "banks," but because they provided security.
Once AI, blockchain, and improved means to use crypto provide even better security than governments and banks ever could, whatever they do will be irrelevant.
Yes it is. Why? Because people nowadays are finding a job that can make them earn a profit that is enough to feed their families. Cryptocurrency allow people to make it as a sideline job and gives opportunities to people. Now if government didnt accept cryptocurrency then the people who can use crypto is limited only. As we know government can do everything they want. If they accept cryptocurrency , then crypto can also give benefits to that country. I don't think this is even worth acknowledging, as all of the present and future innovations are going to come from the private sector. Governments are just responsible for damage control, do a God-awful job for the most part and have never achieved true democracy.
In the past, people relied on governments and banks not because they're "governments" or "banks," but because they provided security.
Once AI, blockchain, and improved means to use crypto provide even better security than governments and banks ever could, whatever they do will be irrelevant.
November 01, 2018, 12:16:06 AM
Of course, it is very important for the development of bitcoin. bitcoin will be legal when it is government and the bank accepts it. And I believe it has a positive impact on bitcoin. The market is going down because a lot of bad news is affecting it. Acceptance from the government helps investors feel safer when investing in bitcoins.
November 01, 2018, 12:01:03 AM
it matters a whole lot if government and banks accept cryptocurrency beacuse this will give investors an assurance and they will be comfortable investing their money into cryptocurrency and you know what that happens price will blow up.
October 31, 2018, 11:54:00 PM
Governments and banks are in great need for the development of bitcoin in the future. Because of their agreement, the BTC can penetrate and disperse strongly with the large number of people in the government and those who use the bank.
October 31, 2018, 11:14:44 PM
When something comes with the govermenst i always afraid about it. I believe that the biggest problem for the bitcoin could be with the goverments. If they go hard with any bans or prohibitions, the market could collapse and everything would fade.. Thats my number 1 fear in this business. I also believe that if some one or some family rules the market secretly, they can easily finish everything, how could we know right? I pray that we would never see a bad dreams..
October 30, 2018, 01:56:12 PM
Yes, of course, it matters because it will make the more people believe in bitcoin some banks and government also accept bitcoin already but its not that much bitcoin has to cover a long distance to accept all over for this it has a stable market shares and proper strategies which will help the bitcoin to attract all people.
October 30, 2018, 01:49:10 PM
There is buzz about the prospective of governments and banks accepting crypto or creating their own for its mass acceptance.
I don't think this is even worth acknowledging, as all of the present and future innovations are going to come from the private sector. Governments are just responsible for damage control, do a God-awful job for the most part and have never achieved true democracy.
In the past, people relied on governments and banks not because they're "governments" or "banks," but because they provided security.
Once AI, blockchain, and improved means to use crypto provide even better security than governments and banks ever could, whatever they do will be irrelevant.
I don't think this is even worth acknowledging, as all of the present and future innovations are going to come from the private sector. Governments are just responsible for damage control, do a God-awful job for the most part and have never achieved true democracy.
In the past, people relied on governments and banks not because they're "governments" or "banks," but because they provided security.
Once AI, blockchain, and improved means to use crypto provide even better security than governments and banks ever could, whatever they do will be irrelevant.
It matters. We need their consent on this for they are the one handling/regulating things economically.
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They don't necessarily need to integrate bitcoin and cryptocurrencies in their infrastructure, but having them approve the existence, trade and exchange of bitcoins and other cryptocurrencies is a huge plus for the confidence of the masses who would want to try it out.
They don't necessarily need to integrate bitcoin and cryptocurrencies in their infrastructure, but having them approve the existence, trade and exchange of bitcoins and other cryptocurrencies is a huge plus for the confidence of the masses who would want to try it out.
I also believe in this statement, if they allow bitcoin and not use it that's fine. They are not forced to. But as time goes by I think they will still use it. They will need to cope with the advancement.
October 30, 2018, 01:29:06 PM
If the governments accept cryptocurrency, it will boast the existence of crypto and make it popular if banks are involved. But would still want it to be decentralized.
Governments don't like crypto because it can't be regulated or taxed. Unlike fiat currency which is fake to begin with it is the only currency adopted by the government sponsored by the 100 trillion dollar family the rothchilds.
October 30, 2018, 08:32:42 AM
Is it necessary? I don't even think that they, government and bank, accept crypto as one of their 'stuff' to be rolled. bitcoin should be remain decentralized. When crypto has been accepted under theirs, I guess every pieces of bitcoin's will be controlled, no more privacy and separation between you and your coin. When they accepted crypto, it will only be a commodity that has lots of profits to be taken
October 30, 2018, 08:16:31 AM
In Belarus there was a Bank that accepts cryptocurrency. You can contribute to it but I do not understand why, if you can just buy it on the stock exchange. It will be beneficial only to the Bank. The whole industry was created only for network users and that bitcoin was independent from other States or banks !
http://www.paritetbank.by/ It is suspicious that even the site is not protected )
http://www.paritetbank.by/ It is suspicious that even the site is not protected )
October 30, 2018, 07:56:15 AM
Of course because if our government doesnt accept btc then that basically means they are going to ban cryptos and in case of banks umm its no probs if they dont accept
October 30, 2018, 07:46:44 AM
I think there are some aspects that affect people or community when government or banks acknowledges something just like cryptocurrency. It's just like crypto gains trust from a large amount of people if it is acknowledged by the government or banks because as we know that government and banks practice security and trust.
October 30, 2018, 07:35:18 AM
I am for the fact that the government does not affect the cryptocurrency in any way, but if they do accept it and start using it, it will not only improve the trust in bitcoin on the part of people, but also improve the entire modern financial organization.
October 30, 2018, 07:30:02 AM
You are right, bitcoin can really secure our money payments and minimize interference in this process by the government and banks. But if they accept this technology, it will bring it to the main level much faster.
October 30, 2018, 07:19:28 AM
I think this is very important, because many people still do not trust bitcoin because he is not accepted by the government of the country in which they live. Therefore, the adoption of the cryptocurrency by the authorities will have only a positive impact.
October 28, 2018, 12:32:09 AM
It does not matter if the government and banks accept Bitcoin as it is currently in use without their acceptance. Bitcoin was created because of the influence the government and banks have on the fiat currency. If the government and banks control bitcoin then the aim of creating it in the first place is defeated.
October 28, 2018, 12:30:39 AM
October 28, 2018, 12:01:39 AM
~snip~
Once AI, blockchain, and improved means to use crypto provide even better security than governments and banks ever could, whatever they do will be irrelevant.
Lol whats the goodness on cryptocurrency for security compared to banks and governments?when we all knew that in thic community we hold no physical control and assurance but purely virtual so wheres the more secure about that?what benefits us in cryptocurrency is the opportunity to gain higher and the privacy of no third party interference.but aside from that there are no more advantages than banking and governmental help for us human Once AI, blockchain, and improved means to use crypto provide even better security than governments and banks ever could, whatever they do will be irrelevant.
October 27, 2018, 11:59:18 PM
There is buzz about the prospective of governments and banks accepting crypto or creating their own for its mass acceptance.
I don't think this is even worth acknowledging, as all of the present and future innovations are going to come from the private sector. Governments are just responsible for damage control, do a God-awful job for the most part and have never achieved true democracy.
In the past, people relied on governments and banks not because they're "governments" or "banks," but because they provided security.
Once AI, blockchain, and improved means to use crypto provide even better security than governments and banks ever could, whatever they do will be irrelevant.
I don't think this is even worth acknowledging, as all of the present and future innovations are going to come from the private sector. Governments are just responsible for damage control, do a God-awful job for the most part and have never achieved true democracy.
In the past, people relied on governments and banks not because they're "governments" or "banks," but because they provided security.
Once AI, blockchain, and improved means to use crypto provide even better security than governments and banks ever could, whatever they do will be irrelevant.
The acceptance of crypto by governments will definitely make a positive impact on digital currencies. By these means, crypto will get a huge support and attract more new users. Though a crypto market can easily survive without it. It is strong enough.
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