Government & Bitcoin - page 58. | Bitcointalksearch.org

Dotakels

sr. member

Activity: 490

Merit: 255

Quote from: n2004al on September 27, 2015, 01:48:45 AM

Quote from: amazonrefunder1 on September 26, 2015, 01:05:01 PM

I hope , they make a physical BTC it better than virtual

Who are they? The banks? But one bank cannot make money. Only work with it. The money produced by the Central Banks. The money which count and that accepted to have goods in change of those. Not they which can minted by collectors or passionate. They are only to adorn the home.

Theres so many things that should must do before you can make a BTC coins or paper money like, world must take or accept bitcoin as a world currency, must have a group with 1 representative every country so that they can plan how they can do that and make that project.

maartenhaha

sr. member

Activity: 1456

Merit: 251

ha banks...
we al know all goverments are slaves to their national bank wright? and it get's worse when different countries or states merge together on economical and political scale and deside to use 1 main currency.

aaahh history.

there are already sites popping up acting like a bank since last year
should we considder them safe? or just like any other gamble site or scamt thingy.

when goverments deside to unite into 1 global installation with 1 main currency, it WILL be on their master's terms, NOT their peoples terms
remember that well.
it starts small, like everything starts small.
that's why you need to know your history to do it wright, not let it happen by the wrong people.

I just hope this will never happen to btc in the future and will stay as much as possible out of the claws of those greedy power hungry parasites

https://www.youtube.com/watch?v=5IJeemTQ7Vk

n2004al

legendary

Activity: 1134

Merit: 1000

Quote from: wearepoor on September 26, 2015, 03:00:40 PM

Quote from: amazonrefunder1 on September 26, 2015, 01:05:01 PM

I hope , they make a physical BTC it better than virtual

Physical bitcoins, not possible and then there will be no difference between the traditional currency and bitcoins. This is not at all a good idea.

If it will be possible to make physical bitcoins (almost impossible because to many factors) they will not be equal with the traditional currency never. Don't make equally bitcoin with the traditional money the making of physical coins but to many others things. Which simply are not possibly to happen. I will tell you only one factor that can't make bitcoin equal with the traditional money. Even if it will be physical bitcoins that will not make bitcoin inflationable like the traditional money. Never. Bitcoin don't incurs in any way inflation because the number of bitcoin is fixed and cannot be produced never more. So not inflationable. Traditional money incurs inflation every day. Because can be printed (possibly) how many times want the Central Bank of that tradition money.

n2004al

legendary

Activity: 1134

Merit: 1000

Quote from: amazonrefunder1 on September 26, 2015, 01:05:01 PM

I hope , they make a physical BTC it better than virtual

Who are they? The banks? But one bank cannot make money. Only work with it. The money produced by the Central Banks. The money which count and that accepted to have goods in change of those. Not they which can minted by collectors or passionate. They are only to adorn the home.

wearepoor

hero member

Activity: 784

Merit: 500

Quote from: amazonrefunder1 on September 26, 2015, 01:05:01 PM

I hope , they make a physical BTC it better than virtual

Physical bitcoins, not possible and then there will be no difference between the traditional currency and bitcoins. This is not at all a good idea.

RealBitcoin

hero member

Activity: 854

Merit: 1009

JAYCE DESIGNS - http://bit.ly/1tmgIwK

Quote from: amazonrefunder1 on September 26, 2015, 01:05:01 PM

I hope , they make a physical BTC it better than virtual

You mean like this?

It can be worth 1 BTC, and minted out of pure gold, and can be physically traded Cheesy

amazonrefunder1

full member

Activity: 126

Merit: 100

illuminati

I hope , they make a physical BTC it better than virtual

Dotakels

sr. member

Activity: 490

Merit: 255

Quote from: dollarneed on September 23, 2015, 01:09:29 AM

Quote from: Falconer on September 23, 2015, 12:39:35 AM

Quote from: Dotakels on September 22, 2015, 10:12:39 PM

Quote from: dollarneed on September 22, 2015, 07:54:02 PM

Moreover if you guys were goverment or elite people who controled that money, of course you'll be very afraid of bitcoin,because bitcoin is decentralized

That what exactly what i point, bitcoin is decentralized so no one can control it even if the price can manipulate still it can't totally control. its normally that the banks owner will be afraid because bitcoin can cover their business in just a few seconds.

In this situation, I think governments just have 3 ways to face bitcoin

Spreading bad issues about bitcoin
Cooperating with bank to make their own cryptocurrency
Banning bitcoin in their country

@Dotakels yup agree, because its decentralized nature means that no one entity controls it. as we know that bitcoin is a peer to peer method of financial transfers and totally outside the banking system, the government has no clue about who is transferring money, this is the one reason why they're still not accepted bitcoin.

@Falconer one more thing from me
- Ignoring bitcoin and they will never legislate it

Even if they didn't know who transfer the money still they can use blockchain to track the address or they can find the companies that hold the information about the specific user.

Falconer

legendary

Activity: 2660

Merit: 1141

Quote from: n2004al on September 24, 2015, 07:56:31 AM

I can tell for sure that you have no idea what a Government is and what is the work of it. I can tell you for sure that you make a confused mixture of words without meaning which tell nothing and explain only and again bullshit. I can tell you that you can continue to explain the petrol and the bread all the day and in all bitcointalk but this cannot make your answer more understandable and more authoritarian as you implies. And at the end I can tell you (by ensuring) that from your last answer that is easy understandable that is totally useless to discuss and to deal with you. Sorry mate for you. Really sorry.

Yeah if you could explain it all for me, that would be great. I was responding your opinion with what I know so far, and sorry, seems I have misunderstood what you said. But for me, making rules is a control. Government can control a company with making regulation for them, even for bakery.

n2004al

legendary

Activity: 1134

Merit: 1000

Quote from: Falconer on September 24, 2015, 07:36:30 AM

Quote from: n2004al on September 24, 2015, 06:47:39 AM

Government don't control even the bakery when you buy your bread but have created strong rules about the production of the bread you eat. Otherwise you must be already when are the most. You can eat your shit and government can tell you: I cannot make nothing. I cannot control the bakery because is not mine. I cannot make any kind of rule because of this.

Try to understand that your concept about the government and the rules he made is totally wrong and infantile. Wink

Good point, but bread and money are really different things you know Roll Eyes

The governments wont care what you buy, you could buy bread, coke, big mac, or pizza. But they just care with the tool you are using to buy your stuff, yeah that is "money". Could your government buy petrol from other country with bread? See the difference? Wink

I can tell for sure that you have no idea what a Government is and what is the work of it. I can tell you for sure that you make a confused mixture of words without meaning which tell nothing and explain only and again bullshit. I can tell you that you can continue to explain the petrol and the bread all the day and in all bitcointalk but this cannot make your answer more understandable and more authoritarian as you implies. And at the end I can tell you (by ensuring) that from your last answer that is easy understandable that is totally useless to discuss and to deal with you. Sorry mate for you. Really sorry.

Falconer

legendary

Activity: 2660

Merit: 1141

Quote from: n2004al on September 24, 2015, 06:47:39 AM

Government don't control even the bakery when you buy your bread but have created strong rules about the production of the bread you eat. Otherwise you must be already when are the most. You can eat your shit and government can tell you: I cannot make nothing. I cannot control the bakery because is not mine. I cannot make any kind of rule because of this.

Try to understand that your concept about the government and the rules he made is totally wrong and infantile. Wink

Good point, but bread and money are really different things you know Roll Eyes

The governments wont care what you buy, you could buy bread, coke, big mac, or pizza. But they just care with the tool you are using to buy your stuff, yeah that is "money". Could your government buy petrol from other country with bread? See the difference? Wink

n2004al

legendary

Activity: 1134

Merit: 1000

Quote from: Falconer on September 24, 2015, 06:16:47 AM

Quote from: n2004al on September 23, 2015, 06:31:12 AM

The only way to legitimate bitcoin is to leave it free but at one condition. Must be created rules that can make it to act as a normal currency in the same way as the currency of the country which will adopt it or other currencies which act in that country. No more and no less. The other things will be artificial and will put it in a unfavorable position.

How could the governments create the rules for bitcoin to be treated as a normal currency if they cant control it like fiat? I guess if the governments cant control bitcoin, so they would try to control the companies that accepting bitcoin.

Government don't control even the bakery when you buy your bread but have created strong rules about the production of the bread you eat. Otherwise you must be already when are the most. You can eat your shit and government can tell you: I cannot make nothing. I cannot control the bakery because is not mine. I cannot make any kind of rule because of this.

Try to understand that your concept about the government and the rules he made is totally wrong and infantile. Wink

Falconer

legendary

Activity: 2660

Merit: 1141

Quote from: n2004al on September 23, 2015, 06:31:12 AM

The only way to legitimate bitcoin is to leave it free but at one condition. Must be created rules that can make it to act as a normal currency in the same way as the currency of the country which will adopt it or other currencies which act in that country. No more and no less. The other things will be artificial and will put it in a unfavorable position.

How could the governments create the rules for bitcoin to be treated as a normal currency if they cant control it like fiat? I guess if the governments cant control bitcoin, so they would try to control the companies that accepting bitcoin.

n2004al

legendary

Activity: 1134

Merit: 1000

Quote from: Dotakels on April 22, 2015, 01:33:15 AM

Quote from: freeyourmind on April 21, 2015, 11:46:18 PM

Quote from: BitCoinNutJob on April 21, 2015, 02:13:10 PM

Government regulations are so slowly implemented but they're trying to adopt to new financial markets. Everything is changing, regulations and taxes too. We need few years for mass adoption and official law in almost all countries.

I think taxation is the key to government adoption. The government would need to have access to sales transactions for taxing sales for the consumer and income for the seller. Once that is in place, then it can be more widely accepted by large consumer goods/services companies.

Smaller players who likely don't report any taxes from bitcoin wouldn't care, but there would be large legal implications for the larger companies.

Taxation is not the answer so that government can adapt. If they put a tax on bitcoin what will be happened to the bitcoin users? They only paid every week but its wage are small. I think government can adapt by joiningto the new business strategies or using a advanced technology so that they actions will not slowly.

The only way to legitimate bitcoin is to leave it free but at one condition. Must be created rules that can make it to act as a normal currency in the same way as the currency of the country which will adopt it or other currencies which act in that country. No more and no less. The other things will be artificial and will put it in a unfavorable position.

Falconer

legendary

Activity: 2660

Merit: 1141

Quote from: dollarneed on September 23, 2015, 01:09:29 AM

Quote from: Falconer on September 23, 2015, 12:39:35 AM

Quote from: Dotakels on September 22, 2015, 10:12:39 PM

Quote from: dollarneed on September 22, 2015, 07:54:02 PM

Moreover if you guys were goverment or elite people who controled that money, of course you'll be very afraid of bitcoin,because bitcoin is decentralized

That what exactly what i point, bitcoin is decentralized so no one can control it even if the price can manipulate still it can't totally control. its normally that the banks owner will be afraid because bitcoin can cover their business in just a few seconds.

In this situation, I think governments just have 3 ways to face bitcoin

Spreading bad issues about bitcoin
Cooperating with bank to make their own cryptocurrency
Banning bitcoin in their country

@Dotakels yup agree, because its decentralized nature means that no one entity controls it. as we know that bitcoin is a peer to peer method of financial transfers and totally outside the banking system, the government has no clue about who is transferring money, this is the one reason why they're still not accepted bitcoin.

@Falconer one more thing from me
- Ignoring bitcoin and they will never legislate it

Yeah but I'm not sure those governments would be ignoring bitcoin without do anything. Ignoring means they lost, and the governments arent that kind of people.

gampher

sr. member

Activity: 420

Merit: 250

Quote from: wxa7115 on September 22, 2015, 05:49:19 PM

Quote from: Dotakels on September 22, 2015, 08:57:10 AM

Quote from: wxa7115 on September 21, 2015, 03:54:40 PM

Quote from: Rumichbit on September 20, 2015, 10:45:38 AM

People will always be afraid of new stuff:
- First guys saying earth was not the center of Universe.
- First guys saying earth is round.
- Wright brothers and their airplanes ideas.
All of them were considered crazy or foul because of fear, and now in economy we have a revolutionary money called "Bitcoin" that is causing fear again.

True, revolutionaries are always feared because they alter the status quo, they create new paths but also destroy some old ones.

fear from what? fear from the things that can be affected when the bitcoin is become the mainstream currency of the world then all of the currencies of every country will be lose?

Basically yes, if I was a banker, which I’m not, I’ll be very afraid of bitcoin and of what it will bring.

no you don't need to fear about it because most of the bitcoins are going to get lost forever before bitcoin gets mainstream
also what you are speaking is a debate of 2300 not 2015

dollarneed

hero member

Activity: 742

Merit: 500

Quote from: Falconer on September 23, 2015, 12:39:35 AM

Quote from: Dotakels on September 22, 2015, 10:12:39 PM

Quote from: dollarneed on September 22, 2015, 07:54:02 PM

Moreover if you guys were goverment or elite people who controled that money, of course you'll be very afraid of bitcoin,because bitcoin is decentralized

That what exactly what i point, bitcoin is decentralized so no one can control it even if the price can manipulate still it can't totally control. its normally that the banks owner will be afraid because bitcoin can cover their business in just a few seconds.

In this situation, I think governments just have 3 ways to face bitcoin

Spreading bad issues about bitcoin
Cooperating with bank to make their own cryptocurrency
Banning bitcoin in their country

@Dotakels yup agree, because its decentralized nature means that no one entity controls it. as we know that bitcoin is a peer to peer method of financial transfers and totally outside the banking system, the government has no clue about who is transferring money, this is the one reason why they're still not accepted bitcoin.

@Falconer one more thing from me
- Ignoring bitcoin and they will never legislate it

Falconer

legendary

Activity: 2660

Merit: 1141

Quote from: Dotakels on September 22, 2015, 10:12:39 PM

Quote from: dollarneed on September 22, 2015, 07:54:02 PM

Moreover if you guys were goverment or elite people who controled that money, of course you'll be very afraid of bitcoin,because bitcoin is decentralized

That what exactly what i point, bitcoin is decentralized so no one can control it even if the price can manipulate still it can't totally control. its normally that the banks owner will be afraid because bitcoin can cover their business in just a few seconds.

In this situation, I think governments just have 3 ways to face bitcoin

Spreading bad issues about bitcoin
Cooperating with bank to make their own cryptocurrency
Banning bitcoin in their country

Dotakels

sr. member

Activity: 490

Merit: 255

Quote from: dollarneed on September 22, 2015, 07:54:02 PM

Quote from: wxa7115 on September 22, 2015, 05:49:19 PM

Quote from: Dotakels on September 22, 2015, 08:57:10 AM

Quote from: wxa7115 on September 21, 2015, 03:54:40 PM

Quote from: Rumichbit on September 20, 2015, 10:45:38 AM

People will always be afraid of new stuff:
- First guys saying earth was not the center of Universe.
- First guys saying earth is round.
- Wright brothers and their airplanes ideas.
All of them were considered crazy or foul because of fear, and now in economy we have a revolutionary money called "Bitcoin" that is causing fear again.

True, revolutionaries are always feared because they alter the status quo, they create new paths but also destroy some old ones.

fear from what? fear from the things that can be affected when the bitcoin is become the mainstream currency of the world then all of the currencies of every country will be lose?

Basically yes, if I was a banker, which I’m not, I’ll be very afraid of bitcoin and of what it will bring.

Moreover if you guys were goverment or elite people who controled that money, of course you'll be very afraid of bitcoin,because bitcoin is decentralized

That what exactly what i point, bitcoin is decentralized so no one can control it even if the price can manipulate still it can't totally control. its normally that the banks owner will be afraid because bitcoin can cover their business in just a few seconds.

dollarneed

hero member

Activity: 742

Merit: 500

Quote from: wxa7115 on September 22, 2015, 05:49:19 PM

Quote from: Dotakels on September 22, 2015, 08:57:10 AM

Quote from: wxa7115 on September 21, 2015, 03:54:40 PM

Quote from: Rumichbit on September 20, 2015, 10:45:38 AM

People will always be afraid of new stuff:
- First guys saying earth was not the center of Universe.
- First guys saying earth is round.
- Wright brothers and their airplanes ideas.
All of them were considered crazy or foul because of fear, and now in economy we have a revolutionary money called "Bitcoin" that is causing fear again.

True, revolutionaries are always feared because they alter the status quo, they create new paths but also destroy some old ones.

fear from what? fear from the things that can be affected when the bitcoin is become the mainstream currency of the world then all of the currencies of every country will be lose?

Basically yes, if I was a banker, which I’m not, I’ll be very afraid of bitcoin and of what it will bring.

Moreover if you guys were goverment or elite people who controled that money, of course you'll be very afraid of bitcoin,because bitcoin is decentralized

Topic: Government & Bitcoin - page 58. (Read 70850 times)