Topic: Maybe governments can stop bitcoin after all - page 22. (Read 11342 times)
That's one huge problem when you become more mainstream. No one gives a shit about what bitcoins are about, they just want to profit in terms of fiat. It's so wacko I can't even believe there are still people out there that will blindly follow whatever their governments do. It's a joke. Everyone needs bitcoins or something similar. If you don't realize it yet you'll be way behind.
governments can stop bitcoin they have the power to do it but they can see the good side of it. governments see bitcoin as great help in economic needs cause it open a lot of oppurtunities. so i think they won't stop it.
Why should they stop bitcoin? When bitcoin already is some kind of legal property in many country . If you're talking about the volitale of Bitcoin , so why don't you talk about gold? About stocks ? Why the goverments don't stop them ? Bitcoin is security and no goverments can touch it at all.
Bitcoin will stop if all countries in the world stop recognizing bitcoin. But with Japan's move, I believe that more and more countries will open its doors and adopt bitcoin in the future.
how could government stop bitcoin while the citizens are helped in case of financial problem. bitcoin also reduces the number of unemployment. from this point of view, bitcoin helps government in terms of welfare benefits.
The citizens have no power against a ruthless government like the USA. No matter how many weapons you hold, the army is far better supplied. If cryptos got banned there would be local rioting for a week or two, but eventually the government would stop it and do what they want. It is sad, but true.
how could government stop bitcoin while the citizens are helped in case of financial problem. bitcoin also reduces the number of unemployment. from this point of view, bitcoin helps government in terms of welfare benefits.
The citizens have no power against a ruthless government like the USA. No matter how many weapons you hold, the army is far better supplied. If cryptos got banned there would be local rioting for a week or two, but eventually the government would stop it and do what they want. It is sad, but true.
how could government stop bitcoin while the citizens are helped in case of financial problem. bitcoin also reduces the number of unemployment. from this point of view, bitcoin helps government in terms of welfare benefits.
Governments can't stop Bitcoin because it has no borders. Bitcoin is a decentralized network of computers with an insurmountable has power. Maybe before, but not anymore.
Nowadays bitcoin has spreading its awarenes in any country. And its use how it can help a certain person in term of monetary system. So I dont think bitcoin can be ban by the government it is not easy to do because bitcoin has come this far. Many users are already into bitcoin and they enjoy what we have now . I don't care what the Chinese do with BTC, very large cryptocurrency community, they can only reduce part of the development of the BTC, but thanks to which every person is as known through the BTC news.
I believe BTC will develop and its price will increase after experiencing this crisis.
I really do not see any crisis ,the market behaves like usual,you cannot see a market that only goes up,there will be certain bumps in the road every now and then,there will be consolidation time and then another rally starts,so this recent negative market should not deter anyone,governments cannot stop bitcoin,they could regulate or stop a bitcoin exchange being running in their country but other than that they could not regulate the entire network. I believe BTC will develop and its price will increase after experiencing this crisis.
I don't care what the Chinese do with BTC, very large cryptocurrency community, they can only reduce part of the development of the BTC, but thanks to which every person is as known through the BTC news.
I believe BTC will develop and its price will increase after experiencing this crisis.
I believe BTC will develop and its price will increase after experiencing this crisis.
Bitcoin is not as "government proof" as we like to talk about it. governements can shut down bitcoin pretty easy; they just have to make the possession illegal, which is not an unheard of thing here. we have plenty of laws against possessing illegal/prohibited information products. look at the legacy of laws attached to obscenity/pornography.
no matter what layers of obscurity that the protocol make evolve to have, you must possess a key in some form, be it a file of a piece of paper. if bitcoin is illegal, possession of that token will be illegal, and you will suffer the consequences accordingly if caught
no different than holding a cache of unlaundered, illicit funds
no matter what layers of obscurity that the protocol make evolve to have, you must possess a key in some form, be it a file of a piece of paper. if bitcoin is illegal, possession of that token will be illegal, and you will suffer the consequences accordingly if caught
no different than holding a cache of unlaundered, illicit funds
This is a serious discussion. I mean, after I've seen how bitcoin (and other cryptos as well) got dumped badly after an irrelevant law that makes ICOs illegal. I can only imagine now what would happen If more countries do the same thing and It could get worst by make itself bitcoin illegal. Whether we like to admit it or not, most of people would sell everything they have once its made illegal, some may continue to fight the central banking but the sad reality is that as soon as people start making profits, they will dump it and move on.
Bitcoin has once been declared illegal once even by china themselves even though they cam out later to say the news wasn't accurate but did that stop bitcoin from thriving ? No! Most countries are already realizing bitcoin cannot be stopped and almost everyone holding bitcoin today are beginning to realize that news related to such bans are just schemes to make people panic and rather than panicking, they will rather hold than selling.
The truth is that we cannot predict what will happen exactly but from the look of things, bitcoin has passed the stage that any country will wake up one day and start banning. We ourselves as a community can control what happens and it is all in our hands.
This is a serious discussion. I mean, after I've seen how bitcoin (and other cryptos as well) got dumped badly after an irrelevant law that makes ICOs illegal. I can only imagine now what would happen If more countries do the same thing and It could get worst by make itself bitcoin illegal. Whether we like to admit it or not, most of people would sell everything they have once its made illegal, some may continue to fight the central banking but the sad reality is that as soon as people start making profits, they will dump it and move on.
In my own opinion, the government has the power to stop bitcoin because they are the one's who make the rules in the countries. Whether we like it or not, the government can remove bitcoin in the internet in instant. But we still hope that it will not happen because are hopes and dreams to be rich with bitcoin will be gone.
Governments can't stop Bitcoin because it has no borders. Bitcoin is a decentralized network of computers with an insurmountable has power. Maybe before, but not anymore.
Government can do anything and there is always pressure of authority bodies when something extra ordinary happens within the world. However in developed countries government might just not care much about bitcoin or digital world as long as something illegal is not happen with it. The vulnerability of getting stopped with bitcoin might arise in the countries which are underdeveloped because the government won't allow people's to use third world currency as they may loose control over there own. This is complex and you never know what decision your government might just take in first place.
There is the phrase: Fear is free, on this occasion, the time will give its verdict, how many forecasts we have heard about the prices of the cryptocurrencies, and the future expectations about the acceptance to Bitcoin in the economies in some countries, the news on the change in the laws of Japan with Japan's tax reform bill which officially eliminated consumption tax on the sale of Bitcoin came into effect on July 1, 2017.
reference https://cointelegraph.com/news/its-official-japan-has-eliminated-tax-on-bitcoin-rise-in-trading-expected
Before the authorities of Japan prohibited the transactions with bitcoin but decided (wisely) to eliminate the tax on Bitcoin.
The subject has much to debate, but all the economies look for to take the best decision on the cryptocurrencies
reference https://cointelegraph.com/news/its-official-japan-has-eliminated-tax-on-bitcoin-rise-in-trading-expected
Before the authorities of Japan prohibited the transactions with bitcoin but decided (wisely) to eliminate the tax on Bitcoin.
The subject has much to debate, but all the economies look for to take the best decision on the cryptocurrencies
I don't think that government able to control bitcoin because it is decentralized but market mess will be created over and over against bitcoin and alternative coins .
Panic in the market is created by those people who do not want to believe that bitcoin is a very strong coin. With every minor news, they begin to panic. I think that the government has no way to ban bitcoins
Jamie Dimon taken as a recent example. His bashing did not really caused a panic, but his origins are to be considered.
Goverments are overated in a globalized society. Corporations expanded into the scale of countries. There are banks of that size.
A goverment has ruling limits documented by their constitution. Any of the other players of compareable sizes are not limited by something even similar. I think they are the real thread. And those got a lever into politics by lobbying, bribery or other means.
1/ He want to gather as much bitcons he can for real.
2/ He doesn't understand that much about the market or the real meaning of crypto currency ( preseted at Bitcoin).
But i'm really thinking that he's at the point 2 cause he worked at the banks and cryptos are really a barrier in the development way of bank economics. So i think he try to low the real valuable of crypto.
I think that the government sees a threat in the bitcoin and can destroy it with the help of bad news and prohibition, but I do not think that they will do it because most of this kind of earnings is interesting.
yes true, if cryptocurrency is legalized then it becomes a fiat money threat, everyone will switch to cryptocurrency and leave the bank because it proves to be more effective and profitable. 
I don't think that government able to control bitcoin because it is decentralized but market mess will be created over and over against bitcoin and alternative coins .
Panic in the market is created by those people who do not want to believe that bitcoin is a very strong coin. With every minor news, they begin to panic. I think that the government has no way to ban bitcoins
Jamie Dimon taken as a recent example. His bashing did not really caused a panic, but his origins are to be considered.
Goverments are overated in a globalized society. Corporations expanded into the scale of countries. There are banks of that size.
A goverment has ruling limits documented by their constitution. Any of the other players of compareable sizes are not limited by something even similar. I think they are the real thread. And those got a lever into politics by lobbying, bribery or other means.
There might not be complete stop of use of bitcoin if someday bitcoin is being stopped or banned our government. Well, torrents are illegal in many countries and not in some countries. We use proxies, vpn, to access them and still get what we want. The case would happen with bitcoin if ever in time bitcoin is banned by our government. The only stuff that we will need to take care of is not to get caught and enjoy the payments online and use it online itself as we may not be able to withdraw it in the banks afterward.
But that would be the case if government really bans the bitcoin use. Most probably this won't happen as government it self might be planning to use it in its application to nation. It's good help to digitalise everything.
But that would be the case if government really bans the bitcoin use. Most probably this won't happen as government it self might be planning to use it in its application to nation. It's good help to digitalise everything.
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