Topic: Need bitcoin control? - page 2. (Read 1372 times)
I think that the control for bitcoins is very necessary because what is happening to him now is not normal
The creation of a national cryptocurrency makes no sense, because the essence of bitcoin is that it is a single global digital currency, decentralized and independent. For the whole world it is very convenient when it is all United by one currency, which is convenient to use anywhere in the world.
If bitcoin will be controlled by someone, it totally changes his sense of his purpose and lost all sense of its use. Therefore, this should not be allowed in any case.
I do not understand why every state should create its own cryptocurrency. After all, then it will be controlled by this very state, and the essence of the crypto currency is completely different - it is full independence from the state system and control. That's why I'm in favor of bitcoin remaining an Autonomous technology.
I think the idea of creating a national cryptocurrency by each state is quite absurd, It does not make any sense, because we can use Bank cards, it is also a non-cash payment. But the digital bitcoin currency carries a completely different meaning - it is the unity of this decentralization.
In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency.
How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
Of course, I am sure that in developed countries they will definitely create their own cryptocurrency, because cryptocurrency has grown rapidly, so there is no harm if the cryptocurrency develops itself in developed countries.
Seeing the future of cryptocurrency, more and more people believe that cryptocurrency resembles real money, and cryptocurrency is a very attractive income for everyone who understands its use.
It will never be of any use when all nations create their own cryprocurrency and I actually do not see such thing to come and as such if that be the case then things will fall apart as we see a lot of national currencies just at the mercy of the US dollar. And if it possible bitcoin will still be the control of all crypto market.
Of course anyone cannot control or control the price of bitcoin to become a reference for altcoins. All independent cryptocurrency, depending on the market, will move up or down. The government cannot intervene, but can make regulations that limit the area where bitcoin can be used, an explanation of the business fields that bitcoin can be used as payments, etc. The aim is that as a payment instrument, Bitcoin has legal certainty.Interesting, what do people that say that Bitcoin can be controlled, know about the cryptocurrency. No control is possible as the crypto is decentralized. This is one of the BTC advantages.
In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency.
How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
How much can this contradict the very idea of Bitcoin as a free, decentralized system?
Need cryptocurrency state control?
How?
Who has a million computers to run this network? Are miners going to get the money, if not why would I run a mine?
Are governments and central banks going to give up control of supply, distribution, and valuation? If they are not going to then why would I use their money instead of bitcoin?
The best a nation could do is to make a bitcoin-like alt-coin that only works in one country.
Who want's that?
No need to worry about that, countries want to make or create their own coins this does not affect bitcoin. Independent Bitcoin and all will still depend on this bitcoin.
That's the saddest point of cryptocurrency as a lot of countries are against this, the entire market has been bombarded right now. Digital currency need to implement in every country for a good future.
As a use for a national currency individually, i think no one countries will take such a huge risk. If it will make for using national currency, people suffering financial crisis because btc is volatile. Bitcoin used in the whole world as a digital currency not like a global currency you have to keep in mind. Who will control bitcoin or how? But its price up and down by people demand that's correct.
There is no need to control bitcoin. And anyway nobody can control Bitcoin. Because Bitcoin is crypto currency. And if anyone also takes control of Bitcoin. So bitcoin will not benefit from it.
I don't see any need to control Bitcoin but I really some need to control people who can be in BTC. Please don't take me as a control freak or any supporter of regulation, I am just tired of seeing stupid people jumping in to make some quick risk free cash and crying out loud blaming BTC instead of their stupidity.
Cryptocurrencies are decentralized, and cannot be controlled, but regulations made by countries or the world can regulate the stability of crypto development.
yes, bitcoin and crypto need regulation to control security, transactions, and every crypto growth.
I do not agree with you. It is very contrary to the aim of bitcoin. We know bitcoin is decentralized. It is it's identity. I want anybody can not control bitcoin. yes, bitcoin and crypto need regulation to control security, transactions, and every crypto growth.
I think if the government has created a cryptocurrency that uses instead of traditional money, then control is necessary or it will be a mess in the economic processes.
No need to worry about that, countries want to make or create their own coins this does not affect bitcoin. Independent Bitcoin and all will still depend on this bitcoin.
It's simple, those crypto's that will be provided by the government are centralized.
There's a lying body that will control its center and they can predict and manipulate the market, value and its supply. In this case, we are here for bitcoin's decentralization because no one is in the middle of it.
There's a lying body that will control its center and they can predict and manipulate the market, value and its supply. In this case, we are here for bitcoin's decentralization because no one is in the middle of it.
I saw a collapsing system of bitcoin for it has a long bear market now since July I guess where crypto has good market price. Besides, government could also not adapt a system that it is already falling. Probably if cryptocurrency will endure then it has a possibility that developed country will create their own crypto system.
if any country create their own cryptocurrency, it is not possible. why? we can see that tevery county have their own currency, like USD, GBP, EUR, and anything else. maybe if there are cryptocurrency in every country, it value is same with their loca currency but with blockchain network
In my opinion, as bitcoin itself is decentralized it has note not been regulated by any government. But, I think it must be control in order not to misuse any transactions.
IMO, what is important about the existence of bitcoin is the mass adoption of blockchain technology, please consider if developing countries adopt currencies other than their countries that have a high level of volatility, of course it will risk the survival of the country
therefore, they prefer to use blockchain technology from bitcoin
and that is no problem in my opinion
therefore, they prefer to use blockchain technology from bitcoin
and that is no problem in my opinion
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